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
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