Worcester, Worcestershire
Q3 2014 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 219 companies were registered in Worcester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 14.7% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Worcester UK 2014 219 143,414 2013 191 132,684 % change 14.7% 8.1% Record Year 2011 (223) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 78 80 61 New companies in 2013 76 59 56 % change 2.6% 35.6% 8.9% Record Year 2003 (101) 2000 (91) 2011 (83)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 143 companies were dissolved in Worcester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 1.4% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Worcester UK 2014 143 101,670 2013 141 86,170 % change 1.4% 18.0% Record Year 2010 (206) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
July August September Closed companies in 2014 56 45 42 Closed companies in 2013 43 50 48 % change 30.2% -10.0% -13% Record Year 2010 (61) 2010 (86) 2009 (66)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Worcester during the third quarter of 2014 (Jul 2014 - Sep 2014) was 76 companies.
third quarter (Jul 2014 - Sep 2014) Worcester UK 2014 76 41,744 2013 50 46,514 Record Year 2006 (108) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 22 35 19 Net growth in 2013 33 9 8 Record Year 2003 (65) 2000 (73) 2000 (55)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Worcester formed 0.2% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Worcester 2014 0.2% 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.1% Record Year (since 1960) 2000 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.1% UK formation share in 2013 0.2% 0.1% 0.1% % change -6.7% 29.3% -0.1% Record Year 1993 (0.4%) 2000 (0.5%) 2000 (0.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 46.0.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Worcester was in 2006 when 31.8% of all directors were female.
30.4% of all director appointments in Worcester in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.12% CONSULTING 5.17% WORCESTER 1.51% MANAGEMENT 4.63% CONSULTING 1.37% CONSULTANCY 3.55% CONSULTANCY 1.03% PROPERTY 2.62% BUSINESS 0.89% ENGINEERING 2.07% PROPERTY 0.82% CONSTRUCTION 2.05% SECURITY 0.75% TRADING 2.00% CARE 0.75% LONDON 1.95% SYSTEMS 0.62% CARE 1.94% BUILDING 0.62% TRANSPORT 1.76% ENGINEERING 0.62% DESIGN 1.70% ELECTRICAL 0.55% CONSULTANTS 1.70% BETTS 0.55% PROPERTIES 1.63% ESTATES 0.55% BUSINESS 1.62% SECURITIES 0.48% J 1.53% SOCIAL 0.48% ELECTRICAL 1.53% MARKETING 0.48% GLOBAL 1.51% CONSTRUCTION 0.48% INVESTMENTS 1.50% TRADING 0.41% ASSOCIATES 1.48% HOLDINGS 0.41% MEDIA 1.38% J 0.41% CO., 1.36% M 0.41% DEVELOPMENTS 1.35% HC 0.41% BUILDING 1.30% C 0.41% IT 1.30% DESIGN 0.41% M 1.23%
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 316 278,481 99999 - Dormant Company 96 48,286 70229 - Management consultancy activities other than financial management 73 40,717 82990 - Other business support service activities not elsewhere classified 43 57,264 74909 - Other professional, scientific and technical activities not elsewhere classified 38 18,890 62020 - Information technology consultancy activities 34 29,313 74990 - Non-trading company 26 14,006 56302 - Public houses and bars 25 6,056 41100 - Development of building projects 23 10,604 96090 - Other service activities not elsewhere classified 21 28,224 86900 - Other human health activities 21 11,807 68209 - Other letting and operating of own or leased real estate 20 10,361 47910 - Retail sale via mail order houses or via Internet 18 9,914 62012 - Business and domestic software development 16 9,675 69201 - Accounting and auditing activities 16 7,401 49410 - Freight transport by road 15 9,960 43999 - Other specialised construction activities not elsewhere classified 14 8,501 43210 - Electrical installation 13 5,922 64209 - Activities of other holding companies not elsewhere classified 13 3,461 68100 - Buying and selling of own real estate 13 6,595
Recent Companies
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Randomly selected companies from this quarter
reports
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