Worcester, Worcestershire
Q3 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 191 companies were registered in Worcester during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 15.1% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Worcester UK 2013 191 132,684 2012 166 118,868 % change 15.1% 11.6% Record Year 2011 (223) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
New Companies by Month
July August September New companies in 2013 76 59 56 New companies in 2012 47 58 61 % change 61.7% 1.7% -8.2% Record Year 2003 (101) 2000 (91) 2003 (83)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 141 companies were dissolved in Worcester during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 7.6% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Worcester UK 2013 141 86,170 2012 131 75,908 % change 7.6% 13.5% Record Year 2010 (206) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 43 50 48 Closed companies in 2012 50 41 40 % change -14.0% 22.0% 20% Record Year 2010 (61) 2010 (86) 2009 (66)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Worcester during the third quarter of 2013 (Jul 2013 - Sep 2013) was 50 companies.
third quarter (Jul 2013 - Sep 2013) Worcester UK 2013 50 46,514 2012 35 42,960 Record Year 2006 (108) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
July August September Net growth in 2013 33 9 8 Net growth in 2012 -3 17 21 Record Year 2003 (65) 2000 (73) 2000 (55)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Worcester formed 0.1% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Worcester 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.1% 2009 0.2% Record Year (since 1960) 2000 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.2% 0.1% 0.1% UK formation share in 2012 0.1% 0.2% 0.2% % change 44.8% -6.7% -19.5% Record Year 1993 (0.4%) 2000 (0.5%) 2000 (0.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 47.4.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Worcester was in 2004 when 34.8% of all directors were female.
28.4% of all director appointments in Worcester in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PGL 1.87% CONSULTING 5.27% MANAGEMENT 1.56% MANAGEMENT 4.75% WORCESTER 1.48% CONSULTANCY 3.45% CONSULTING 1.40% PROPERTY 2.53% MEDIA 0.86% TRADING 2.08% CONSULTANCY 0.78% ENGINEERING 1.83% (WORCESTER) 0.78% LONDON 1.79% ASSOCIATES 0.70% DESIGN 1.78% CARE 0.70% BUSINESS 1.74% BUSINESS 0.62% CONSTRUCTION 1.70% SYSTEMS 0.62% CONSULTANTS 1.69% TRAINING 0.62% CARE 1.64% PROPERTY 0.62% ASSOCIATES 1.61% BUILDING 0.55% GLOBAL 1.59% HOME 0.55% J 1.54% HC 0.55% MEDIA 1.54% DESIGN 0.55% INVESTMENTS 1.53% CONSTRUCTION 0.55% PROPERTIES 1.45% WORCESTERSHIRE 0.47% IT 1.39% D 0.47% M 1.25% HOUSE 0.47% ELECTRICAL 1.20% INVESTMENTS 0.47% BUILDING 1.19% NETWORK 0.47% CAPITAL 1.19% ENGINEERING 0.47% DEVELOPMENTS 1.16% CONSULTANTS 0.47% TRAINING 1.15%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 303 260,135 99999 - Dormant Company 84 46,169 70229 - Management consultancy activities other than financial management 65 34,970 82990 - Other business support service activities not elsewhere classified 49 54,854 74909 - Other professional, scientific and technical activities not elsewhere classified 35 17,715 96090 - Other service activities not elsewhere classified 32 25,547 62020 - Information technology consultancy activities 30 26,675 74990 - Non-trading company 24 14,228 56302 - Public houses and bars 21 5,437 86900 - Other human health activities 20 9,203 41100 - Development of building projects 19 9,271 93199 - Other sports activities 18 3,654 47990 - Other retail sale not in stores, stalls or markets 18 5,706 68100 - Buying and selling of own real estate 17 5,430 68209 - Other letting and operating of own or leased real estate 17 8,312 96020 - Hairdressing and other beauty treatment 16 5,859 47910 - Retail sale via mail order houses or via Internet 15 8,475 62090 - Other information technology service activities 14 12,516 69201 - Accounting and auditing activities 14 6,979 70100 - Activities of head offices 13 3,929
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08597489 MICHAEL FRANCE ASSOCIATES LIMITED 04 Jul 2013 08598100 ORIGINAL SOURCING LIMITED 04 Jul 2013 08598316 CARDIP LIMITED 05 Jul 2013 08611744 UK DEAF SPORT 16 Jul 2013 08613970 AIS AVIATION LTD 17 Jul 2013 08621758 SUMMITCOOL MONITORING SERVICES LIMITED 23 Jul 2013 08629977 ANNE GEDDES SPECIALIST-CARE LIMITED 30 Jul 2013 08600249 DEXAGEN LTD 08 Jul 2013 08608396 RIVERVIEW HOTELS LTD 12 Jul 2013 08609344 ELLE ACCOUNTING LTD 15 Jul 2013 08613027 SKIP HIRE WORCESTER LIMITED 17 Jul 2013 08620568 KCREW LTD 23 Jul 2013 08603425 ROGER OWEN LTD 09 Jul 2013 OC386732 PROBUS MEDIA LLP 22 Jul 2013 08629778 HJK TELECOMMUNICATIONS LIMITED 30 Jul 2013 08610835 YELLOW SCARF CIC 16 Jul 2013 08627000 SMART ABOUT DATA LIMITED 26 Jul 2013 08590622 RBP RECRUITMENT SPECIALISTS LIMITED 01 Jul 2013 08594122 RIMELL TRANSPORT LIMITED 02 Jul 2013 08597336 WESTERN INSTALLATIONS LTD 04 Jul 2013 OC386657 BEST NEST PROPERTIES LLP 17 Jul 2013 08592029 R A FELSTEAD CONSULTANTS LIMITED 01 Jul 2013 08627260 ASSURE FINANCE LIMITED 29 Jul 2013 08601426 DELPH AVIATION LIMITED 08 Jul 2013 08630012 SEPHTON CONSULTING LTD 30 Jul 2013
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