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Worcestershire

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Worcestershire when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Worcestershire when compared to any previous February.
  • February 2012 saw a new record in net growth in Worcestershire when compared to any previous February.

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 (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Worcestershire when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.

    A total of 842 companies were registered in Worcestershire during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 2.4% versus the same period last year (Q1 2011). This figure compares badly to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)WorcestershireUK
    2012842131,491
    2011822116,391
    % change2.4%13.0%
    Record Year 2012 (842) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Worcestershire when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012213319310
    New companies in 2011282232308
    % change-24.5%37.5%0.6%
    Record Year2011 (282)2012 (319)2007 (341)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 396 companies were dissolved in Worcestershire during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 29.5% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)WorcestershireUK
    201239667,576
    201156290,986
    % change-29.5%-25.7%
    Record Year 2010 (614) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012147113136
    Closed companies in 2011235155172
    % change-37.4%-27.1%-21%
    Record Year2011 (235)2010 (206)2009 (284)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Worcestershire during the first quarter of 2012 (Jan 2012 - Mar 2012) was 446 companies.

    first quarter (Jan 2012 - Mar 2012)WorcestershireUK
    201244663,915
    201126025,405
    Record Year 2003 (531) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in Worcestershire when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201266206174
    Net growth in 20114777136
    Record Year2008 (144)2012 (206)2008 (229)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Worcestershire formed 0.6% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Worcestershire
    20120.6%
    20110.7%
    20100.7%
    20090.7%
    20080.7%
    Record Year (since 1960) 1965 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.5%0.7%0.6%
    UK formation share in 20110.8%0.6%0.7%
    % change-35.2%17.6%-5.9%
    Record Year1975 (1.7%)1960 (1.6%)1964 (1.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 46.2.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Worcestershire was in 1861 when 40.0% of all directors were female.

    30.1% of all director appointments in Worcestershire in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.44%CONSULTING5.07%
    CONSULTING1.44%MANAGEMENT4.74%
    CONSULTANCY1.23%CONSULTANCY3.30%
    PROPERTY1.03%PROPERTY2.37%
    ASSOCIATES0.95%TRADING2.07%
    ENGINEERING0.77%DESIGN1.93%
    DESIGN0.74%ENGINEERING1.86%
    J0.69%ASSOCIATES1.84%
    M0.69%CONSULTANTS1.79%
    FUSION0.62%BUSINESS1.73%
    TRAINING0.62%MEDIA1.72%
    S0.62%CONSTRUCTION1.72%
    CONSTRUCTION0.59%LONDON1.66%
    MARKETING0.59%J1.54%
    BUSINESS0.59%INVESTMENTS1.51%
    ENTERPRISES0.54%GLOBAL1.50%
    WORCESTER0.54%IT1.40%
    MEDIA0.54%CARE1.34%
    HOLDINGS0.54%PROPERTIES1.31%
    DEVELOPMENTS0.54%ELECTRICAL1.27%
    SCHOOL0.54%M1.27%
    TRADING0.51%BUILDING1.24%
    INVESTMENTS0.51%ENERGY1.20%
    IT0.49%S1.20%
    PROPERTIES0.49%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,025216,665
    7487 - Other business activities31352,735
    82990 - Other business support service activities not elsewhere classified29735,233
    99999 - Dormant Company16925,084
    70229 - Management consultancy activities other than financial management14819,704
    9999 - Dormant Company12118,617
    56290 - Other food services1021,656
    7414 - Business & management consultancy7912,113
    62020 - Information technology consultancy activities7614,303
    74909 - Other professional, scientific and technical activities not elsewhere classified749,892
    7499 - Non-trading company739,102
    74990 - Non-trading company639,729
    62090 - Other information technology service activities558,145
    96090 - Other service activities not elsewhere classified5313,637
    41100 - Development of building projects484,984
    9305 - Other service activities488,818
    7260 - Other computer related activities447,154
    4521 - General construction & civil engineering395,169
    68209 - Other letting and operating of own or leased real estate384,427
    86900 - Other human health activities375,066

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07976583 VIZA JET LTD 05 Mar 2012
    07993714 AMVICAS LIMITED 16 Mar 2012
    08005184 BOOOM SERVICES UK LTD 26 Mar 2012
    08008557 MYGREENDEALSOLUTION LIMITED 27 Mar 2012
    08012331 DW AUTOS (MIDLANDS) LIMITED 29 Mar 2012
    08012983 EVAN'S CONSULTING ENGINEERS LIMITED 30 Mar 2012
    07976083 THEEVENTMONSTER.COM LTD 05 Mar 2012
    08009082 RATRA MEDICAL REPORTING LTD 28 Mar 2012
    07977759 THE LITTLE CLEANING COMPANY LIMITED 06 Mar 2012
    07979427 ELS TRANSLATIONS LTD 07 Mar 2012
    07991976 PERDUCO LTD 15 Mar 2012
    08010929 LITTLE SHOP OF DRESSES LIMITED 29 Mar 2012
    07976481 TRUSTED COMPANIES LIMITED 05 Mar 2012
    07994844 ENDEAVOUR SECURITY SOLUTIONS LIMITED 19 Mar 2012
    07995865 S.B GROUNDWORKS & SON LTD 19 Mar 2012
    08000182 MAKE FRIENDS ONLINE LIMITED 21 Mar 2012
    08002700 FLEXIBLE NETWORKING SOLUTIONS LTD 22 Mar 2012
    08006313 TINY TRUCKA LTD 26 Mar 2012
    08006829 NORTOB CO LIMITED 26 Mar 2012
    08007116 TM-OPS LTD 27 Mar 2012
    07978269 WALK & TALK LTD 06 Mar 2012
    07979205 THE LITTLE HOUSE CHAIN LIMITED 07 Mar 2012
    07980102 OUR BACKYARD FURNITURE LTD 07 Mar 2012
    07981910 WETROOM PLUMB LIMITED 08 Mar 2012
    07985216 LAUNDRYCARE LTD 12 Mar 2012