Worcester, Worcestershire
Q1 2015 Business Confidence Report
Headlines
- February 2015 saw a new record in company registrations in Worcester when compared to any previous February.
Contents
New Company Registrations
-
Quarterly Data (Q1 Jan-Mar 2015)
A total of 248 companies were registered in Worcester during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 2.7% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Worcester UK 2015 248 161,156 2014 255 150,722 % change -2.7% 6.9% Record Year 2014 (255) 2007 (166,814) New Companies by Quarter
-
Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company registrations in Worcester when compared to any previous February.
New Companies by Month
January February March New companies in 2015 67 89 92 New companies in 2014 85 67 103 % change -21.2% 32.8% -10.7% Record Year 2014 (85) 2015 (89) 2014 (103)
Closed Companies (dissolved)
-
Quarterly Data (Q1 Jan-Mar 2015)
A total of 142 companies were dissolved in Worcester during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 31.5% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Worcester UK 2015 142 89,523 2014 108 82,370 % change 31.5% 8.7% Record Year 2010 (198) 2009 (108,066) Dissolved Companies by Quarter
-
Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 35 59 48 Closed companies in 2014 30 43 35 % change 16.7% 37.2% 37% Record Year 2011 (73) 2010 (73) 2010 (76)
Net Company Growth
-
Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Worcester during the first quarter of 2015 (Jan 2015 - Mar 2015) was 106 companies.
first quarter (Jan 2015 - Mar 2015) Worcester UK 2015 106 71,633 2014 147 68,352 Record Year 2014 (147) 2007 (111,282) Net Growth by Quarter
-
Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 32 30 44 Net growth in 2014 55 24 68 Record Year 2014 (55) 2012 (42) 2014 (68)
UK Company Share
-
Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Worcester formed 0.2% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Worcester 2015 0.2% 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% Record Year (since 1960) 1992 (0.2%) Company Share by Quarter
-
Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.2% 0.2% UK formation share in 2014 0.2% 0.1% 0.2% % change -22.7% 22.4% -18.6% Record Year 1992 (0.3%) 1992 (0.3%) 1982 (0.4%)
Director Age
-
Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 46.2.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
-
Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Worcester was in 2007 when 36.9% of all directors were female.
27.3% of all director appointments in Worcester in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
-
Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.93% CONSULTING 5.23% CONSULTING 1.53% MANAGEMENT 4.56% PROPERTY 1.47% CONSULTANCY 3.62% WORCESTER 1.07% PROPERTY 2.72% CONSULTANCY 1.00% CONSTRUCTION 2.19% CARE 0.93% CARE 2.13% (WORCESTER) 0.73% ENGINEERING 2.12% ELECTRICAL 0.73% LONDON 1.91% ENGINEERING 0.73% TRADING 1.88% BUSINESS 0.67% TRANSPORT 1.82% SECURITY 0.60% ELECTRICAL 1.76% DESIGN 0.60% DESIGN 1.65% C 0.53% PROPERTIES 1.63% CONSTRUCTION 0.53% CO., 1.58% ESTATES 0.53% J 1.55% PROPERTIES 0.53% CONSULTANTS 1.54% ENERGY 0.47% BUSINESS 1.49% DEVELOPMENTS 0.47% INVESTMENTS 1.49% TRADING 0.47% GLOBAL 1.46% INVESTMENTS 0.47% ASSOCIATES 1.44% J 0.47% DEVELOPMENTS 1.36% BETTS 0.47% BUILDING 1.31% SYSTEMS 0.47% IT 1.30% D 0.40% MEDIA 1.28% R 0.40% M 1.27%
SIC Data
-
Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 332 288,953 99999 - Dormant Company 94 49,474 70229 - Management consultancy activities other than financial management 75 43,081 82990 - Other business support service activities not elsewhere classified 50 58,522 62020 - Information technology consultancy activities 36 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 35 19,098 74990 - Non-trading company 26 13,794 96090 - Other service activities not elsewhere classified 26 29,218 41100 - Development of building projects 24 11,863 86900 - Other human health activities 23 13,990 64209 - Activities of other holding companies not elsewhere classified 23 3,832 68209 - Other letting and operating of own or leased real estate 22 11,600 56302 - Public houses and bars 21 6,355 47910 - Retail sale via mail order houses or via Internet 20 10,200 49410 - Freight transport by road 18 12,485 43999 - Other specialised construction activities not elsewhere classified 16 9,080 98000 - Residents property management 15 5,308 69201 - Accounting and auditing activities 15 7,682 56101 - Licensed restaurants 15 8,909 78109 - Other activities of employment placement agencies 15 4,253
Recent Companies
-
Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09426988 ALBERT POTTER TIMBER MERCHANTS LTD 06 Feb 2015 09447795 ERA TRANSPORT LIMITED 19 Feb 2015 09449441 JAYSENDS CAPITAL LTD 19 Feb 2015 09454082 VIRGINEERING LIMITED 23 Feb 2015 09456361 THE GLOVE BAR LIMITED 24 Feb 2015 09456543 WORCESTER JUDO CLUB 83 24 Feb 2015 09444865 PROSIENT LIMITED 17 Feb 2015 09446081 N & B RETAIL LTD 18 Feb 2015 09463684 SHARPE ENGINEERING GLOUCESTER LIMITED 27 Feb 2015 09429940 AZAGO TRAVEL LTD 09 Feb 2015 09443821 FOOTASTIC FEET LTD 17 Feb 2015 09451937 ACTIVE WELFARE LIMITED 21 Feb 2015 09460283 RECYCLATE ENERGY SOLUTIONS UK LIMITED 26 Feb 2015 09442849 THE PET SPA FRANCHISE LIMITED 17 Feb 2015 09445426 STITCH & STEELE LTD 18 Feb 2015 09421985 LINGOBOT LIMITED 04 Feb 2015 09429472 SCH SURVEYING LTD 09 Feb 2015 09445651 GATEWAY INVESTMENT SERVICES LIMITED 18 Feb 2015 09453648 TECHNOLOGY GENIUS LIMITED 23 Feb 2015 09460753 FIDES ABODES LTD 26 Feb 2015 09441100 EDIFY INVESTMENT SOLUTIONS LTD. 16 Feb 2015 09445947 HENILISER LIMITED 18 Feb 2015 09455069 GEFT LIMITED 24 Feb 2015 09450840 STRENSHAM ELECTRONICS LIMITED 20 Feb 2015 09457662 ENCHANT & ALLURE LTD 25 Feb 2015
reports
Select a report from the list below: