Worcester, Worcestershire

Q3 2014 Business Confidence Report

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. 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)WorcesterUK
    2014219143,414
    2013191132,684
    % change14.7%8.1%
    Record Year 2011 (223) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014788061
    New companies in 2013765956
    % change2.6%35.6%8.9%
    Record Year2003 (101)2000 (91)2011 (83)

Closed Companies (dissolved)

  1. 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)WorcesterUK
    2014143101,670
    201314186,170
    % change1.4%18.0%
    Record Year 2010 (206) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014564542
    Closed companies in 2013435048
    % change30.2%-10.0%-13%
    Record Year2010 (61)2010 (86)2009 (66)

Net Company Growth

  1. 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)WorcesterUK
    20147641,744
    20135046,514
    Record Year 2006 (108) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014223519
    Net growth in 20133398
    Record Year2003 (65)2000 (73)2000 (55)

UK Company Share

  1. 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
    20140.2%
    20130.1%
    20120.1%
    20110.2%
    20100.1%
    Record Year (since 1960) 2000 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.1%
    UK formation share in 20130.2%0.1%0.1%
    % change-6.7%29.3%-0.1%
    Record Year1993 (0.4%)2000 (0.5%)2000 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Sep 2013-Sep 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT2.12%CONSULTING5.17%
    WORCESTER1.51%MANAGEMENT4.63%
    CONSULTING1.37%CONSULTANCY3.55%
    CONSULTANCY1.03%PROPERTY2.62%
    BUSINESS0.89%ENGINEERING2.07%
    PROPERTY0.82%CONSTRUCTION2.05%
    SECURITY0.75%TRADING2.00%
    CARE0.75%LONDON1.95%
    SYSTEMS0.62%CARE1.94%
    BUILDING0.62%TRANSPORT1.76%
    ENGINEERING0.62%DESIGN1.70%
    ELECTRICAL0.55%CONSULTANTS1.70%
    BETTS0.55%PROPERTIES1.63%
    ESTATES0.55%BUSINESS1.62%
    SECURITIES0.48%J1.53%
    SOCIAL0.48%ELECTRICAL1.53%
    MARKETING0.48%GLOBAL1.51%
    CONSTRUCTION0.48%INVESTMENTS1.50%
    TRADING0.41%ASSOCIATES1.48%
    HOLDINGS0.41%MEDIA1.38%
    J0.41%CO.,1.36%
    M0.41%DEVELOPMENTS1.35%
    HC0.41%BUILDING1.30%
    C0.41%IT1.30%
    DESIGN0.41%M1.23%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied316278,481
    99999 - Dormant Company9648,286
    70229 - Management consultancy activities other than financial management7340,717
    82990 - Other business support service activities not elsewhere classified4357,264
    74909 - Other professional, scientific and technical activities not elsewhere classified3818,890
    62020 - Information technology consultancy activities3429,313
    74990 - Non-trading company2614,006
    56302 - Public houses and bars256,056
    41100 - Development of building projects2310,604
    96090 - Other service activities not elsewhere classified2128,224
    86900 - Other human health activities2111,807
    68209 - Other letting and operating of own or leased real estate2010,361
    47910 - Retail sale via mail order houses or via Internet189,914
    62012 - Business and domestic software development169,675
    69201 - Accounting and auditing activities167,401
    49410 - Freight transport by road159,960
    43999 - Other specialised construction activities not elsewhere classified148,501
    43210 - Electrical installation135,922
    64209 - Activities of other holding companies not elsewhere classified133,461
    68100 - Buying and selling of own real estate136,595

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09112364 MARK LYFORD LIMITED 02 Jul 2014
    09124435 WYNTOR LTD 10 Jul 2014
    09131936 GKCG TRADING LIMITED 15 Jul 2014
    09141382 ALL ROUND CONSULTANCY LTD 22 Jul 2014
    09144056 ALPE VIRAGE LIMITED 23 Jul 2014
    09144211 MOTOR VEHICLE ASSESSORS (UK) LTD 23 Jul 2014
    09145356 PERTEMPS IT LTD 24 Jul 2014
    09139546 HYGIENE BARGAINS LIMITED 21 Jul 2014
    09153182 KEEP THE LEARNING BURNING LIMITED 30 Jul 2014
    09112873 MICHAEL SHIPLEY TENNIS COACHING LIMITED 02 Jul 2014
    09118455 SIMON DORYWALA CONSTRUCTION LIMITED 07 Jul 2014
    09135476 TINKERS AND STINKERS LTD 17 Jul 2014
    09141854 AUTOSHINE VALETING LTD 22 Jul 2014
    09149644 N & M BEAUTY SERVICES LTD 28 Jul 2014
    09110776 ELMBRIDGE GARDENS MANAGEMENT COMPANY LIMITED 01 Jul 2014
    09115696 SQUIRES WALK 1963 LIMITED 03 Jul 2014
    09127126 CLEWER COACH TOURS LIMITED 11 Jul 2014
    09127203 PLATINUM PLANNING LIMITED 11 Jul 2014
    09141450 IMIERES LIMITED 22 Jul 2014
    09146971 PIPPINS COURT (EVESHAM) MANAGEMENT COMPANY LIMITED 24 Jul 2014
    09147535 HARRY'S PET FOOD LTD 25 Jul 2014
    09147838 B-4-999 LTD 25 Jul 2014
    09153414 PROJEKTLERNEN LIMITED 30 Jul 2014
    09133575 ALPHA DYNAMICS ENG & FABRICATION LIMITED 16 Jul 2014
    09153114 CTS HOUSES LTD 30 Jul 2014