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Worcestershire

2012 Half Year Business Confidence Report

Headlines

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

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. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 1,529 companies were formed in Worcestershire. This figure is 1.0% higher than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in Worcestershire occurred in 2003 when a total of 1,573 were formed.

    Half Year (Jan-Jun)WorcestershireUK
    20121,529253,150
    20111,514228,735
    % change1.0%10.7%
    Record Year2003 (1,573)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 687 companies were registered in Worcestershire during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 0.7% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)WorcestershireUK
    2012687121,659
    2011692112,344
    % change-0.7%8.3%
    Record Year 2003 (761) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

    New Companies by Month
    AprilMayJune
    New companies in 2012240258189
    New companies in 2011202230260
    % change18.8%12.2%-27.3%
    Record Year2008 (267)2012 (258)2010 (276)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 918 companies were dissolved in Worcestershire. This figure is 7.7% lower than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Worcestershire occurred in 2009 when a total of 1,380 were closed.

    Half Year (Jan-Jun)WorcestershireUK
    2012918147,793
    2011995162,310
    % change-7.7%-8.9%
    Record Year2009 (1,380)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 522 companies were dissolved in Worcestershire during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 20.6% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)WorcestershireUK
    201252280,217
    201143371,324
    % change20.6%12.5%
    Record Year 2009 (836) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012149196177
    Closed companies in 201193200140
    % change60.2%-2.0%26%
    Record Year2009 (176)2009 (390)2010 (287)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Worcestershire increased by 611 companies.

    Half Year (Jan-Jun)WorcestershireUK
    2012611105,357
    201151966,425
    Record Year2003 (1,060)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Worcestershire during the second quarter of 2012 (Apr 2012 - Jun 2012) was 165 companies.

    second quarter (Apr 2012 - Jun 2012)WorcestershireUK
    201216541,442
    201125941,020
    Record Year 2003 (529) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012916212
    Net growth in 201110930120
    Record Year2007 (191)2003 (173)2003 (180)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Worcestershire formed 0.6% of all UK companies. This is less than the 2011 figure of 0.7%.

    Half Year (Jan-Jun)Worcestershire
    20120.6%
    20110.7%
    20100.7%
    20090.7%
    20080.7%
    Record Year (since 1960) 1964 (1.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

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

    second quarter (Apr 2012 - Jun 2012)Worcestershire
    20120.6%
    20110.6%
    20100.7%
    20090.7%
    20080.7%
    Record Year (since 1960) 1971 (1.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.6%0.6%0.5%
    UK formation share in 20110.6%0.6%0.7%
    % change0.1%-1.7%-22.4%
    Record Year1966 (1.1%)1982 (1.3%)1971 (1.5%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 45.9.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 45.4.

    The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Worcestershire was 1857 when 40.0% of all directors were female.

    28.2% of all director appointments in Worcestershire in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Worcestershire was in 1866 when 57.1% of all directors were female.

    29.9% of all director appointments in Worcestershire in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.65%CONSULTING5.07%
    MANAGEMENT1.62%MANAGEMENT4.74%
    CONSULTANCY1.29%CONSULTANCY3.28%
    PROPERTY1.11%PROPERTY2.35%
    ASSOCIATES0.90%TRADING2.10%
    J0.80%DESIGN1.89%
    DESIGN0.77%ENGINEERING1.87%
    BUSINESS0.75%ASSOCIATES1.82%
    ENGINEERING0.72%CONSULTANTS1.78%
    TRAINING0.64%CONSTRUCTION1.71%
    M0.62%BUSINESS1.70%
    WORCESTER0.62%MEDIA1.69%
    MEDIA0.62%LONDON1.68%
    ENTERPRISES0.59%J1.57%
    CONSTRUCTION0.57%GLOBAL1.51%
    HOLDINGS0.57%INVESTMENTS1.48%
    S0.51%IT1.42%
    ENERGY0.51%CARE1.31%
    MAINTENANCE0.49%PROPERTIES1.31%
    PROPERTIES0.49%M1.26%
    MARKETING0.49%ELECTRICAL1.23%
    (MIDLANDS)0.46%BUILDING1.23%
    DEVELOPMENTS0.46%SECURITY1.19%
    GLOBAL0.46%S1.18%
    IT0.46%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,170244,457
    82990 - Other business support service activities not elsewhere classified30635,447
    7487 - Other business activities28747,029
    99999 - Dormant Company17326,088
    70229 - Management consultancy activities other than financial management14120,390
    9999 - Dormant Company10916,469
    56290 - Other food services991,739
    62020 - Information technology consultancy activities8115,280
    74909 - Other professional, scientific and technical activities not elsewhere classified7410,271
    7414 - Business & management consultancy7310,978
    7499 - Non-trading company668,023
    96090 - Other service activities not elsewhere classified6214,220
    74990 - Non-trading company579,706
    62090 - Other information technology service activities528,258
    41100 - Development of building projects495,149
    86900 - Other human health activities395,222
    9305 - Other service activities397,926
    7260 - Other computer related activities396,456
    45200 - Maintenance and repair of motor vehicles372,880
    43999 - Other specialised construction activities not elsewhere classified334,091

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08052645 THEDROPADRESSSIZECLUB LTD 01 May 2012
    08055408 MEDICAL ARAB SOCIETY IN THE UNITED KINGDOM LTD 02 May 2012
    08054978 KJ ACCOUNTING SERVICES LIMITED 02 May 2012
    08055841 JLN BROMSGROVE LIMITED 03 May 2012
    08057515 SANDERS FITNESS LIMITED 04 May 2012
    08071090 CHRIS LEWIS MUSIC LIMITED 16 May 2012
    08072889 THE GARAGE IN THE VILLAGE LIMITED 17 May 2012
    08080085 WELL-FIT CFW LIMITED 23 May 2012
    OC375718 RENTAL ACCOUNTS LLP 31 May 2012
    08062879 MORCE LIMITED 09 May 2012
    08063019 THE LITTLE PRESENT SHOP LIMITED 09 May 2012
    08065207 DIAL A TAN (MIDLANDS) LTD 11 May 2012
    08065667 MSDWYER CLASS 1 TRANSPORT LIMITED 11 May 2012
    08066823 BRAVA CONSULTANCY LIMITED 14 May 2012
    08070235 DIRECTUS SOLUTIONS LTD 15 May 2012
    08080797 DONRY PRODUCTS LIMITED 23 May 2012
    08055017 EVERY EXHAUST PART LIMITED 02 May 2012
    08063556 WALKER ASSET MANAGEMENT LIMITED 10 May 2012
    08075399 WILLIAMS FAMILY BUSINESS LTD 18 May 2012
    08076140 DIGITAL PUBLISHING INTEGRATION LTD. 21 May 2012
    08079440 GKN GROUP PENSION TRUSTEE (NO. 2) LIMITED 22 May 2012
    08053782 PRIMA PMC LIMITED 02 May 2012
    08059267 EVOLVE FITNESS LTD 08 May 2012
    08075377 PARSONS TRADING LIMITED 18 May 2012
    08078394 WATERBLOX LTD 22 May 2012