Worcestershire

Q3 2012 Business Confidence Report

Headlines

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

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 2012)

    A total of 701 companies were registered in Worcestershire during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 10.6% versus the same period last year (Q3 2011). This figure compares badly to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)WorcestershireUK
    2012701118,868
    2011784114,512
    % change-10.6%3.8%
    Record Year 2011 (784) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012222242237
    New companies in 2011257238289
    % change-13.6%1.7%-18.0%
    Record Year2003 (296)2012 (242)2011 (289)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 486 companies were dissolved in Worcestershire during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 1.4% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)WorcestershireUK
    201248674,772
    201149372,230
    % change-1.4%3.5%
    Record Year 2010 (796) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012189155142
    Closed companies in 2011152144197
    % change24.3%7.6%-28%
    Record Year2010 (232)2010 (355)2009 (295)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Worcestershire during the third quarter of 2012 (Jul 2012 - Sep 2012) was 215 companies.

    third quarter (Jul 2012 - Sep 2012)WorcestershireUK
    201221544,096
    201129142,282
    Record Year 2003 (401) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012338795
    Net growth in 20111059492
    Record Year2008 (193)2000 (138)2002 (171)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Worcestershire
    20120.6%
    20110.7%
    20100.6%
    20090.6%
    20080.7%
    Record Year (since 1960) 1974 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.5%0.6%0.6%
    UK formation share in 20110.7%0.6%0.7%
    % change-22.4%2.5%-18.9%
    Record Year1975 (1.4%)1975 (1.7%)1980 (1.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 44.9.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Worcestershire was in 1862 when 50.0% of all directors were female.

    29.0% of all director appointments in Worcestershire in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.57%CONSULTING5.06%
    CONSULTING1.34%MANAGEMENT4.77%
    CONSULTANCY1.13%CONSULTANCY3.29%
    PROPERTY1.08%PROPERTY2.36%
    ASSOCIATES0.92%TRADING2.08%
    J0.84%DESIGN1.87%
    ENGINEERING0.76%ASSOCIATES1.83%
    HOLDINGS0.68%ENGINEERING1.83%
    WORCESTER0.60%CONSULTANTS1.76%
    DESIGN0.60%BUSINESS1.72%
    MEDIA0.60%CONSTRUCTION1.70%
    TRAINING0.60%MEDIA1.68%
    ENTERPRISES0.58%LONDON1.67%
    S0.58%J1.55%
    BUSINESS0.58%GLOBAL1.54%
    R0.55%INVESTMENTS1.47%
    TRADING0.55%IT1.43%
    CONSTRUCTION0.52%PROPERTIES1.34%
    GREEN0.52%CARE1.32%
    (MIDLANDS)0.52%M1.27%
    DEVELOPMENTS0.50%BUILDING1.22%
    MARKETING0.50%ENTERPRISES1.21%
    ELECTRICAL0.50%ELECTRICAL1.20%
    D0.47%S1.17%
    WORCESTERSHIRE0.47%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,090228,243
    82990 - Other business support service activities not elsewhere classified44650,446
    99999 - Dormant Company25637,912
    70229 - Management consultancy activities other than financial management19328,990
    62020 - Information technology consultancy activities11121,969
    56290 - Other food services1042,599
    74909 - Other professional, scientific and technical activities not elsewhere classified10214,809
    7487 - Other business activities9616,361
    96090 - Other service activities not elsewhere classified9320,742
    74990 - Non-trading company8813,641
    41100 - Development of building projects697,545
    62090 - Other information technology service activities6811,950
    86900 - Other human health activities597,550
    43999 - Other specialised construction activities not elsewhere classified556,008
    45200 - Maintenance and repair of motor vehicles504,070
    47910 - Retail sale via mail order houses or via Internet495,760
    9999 - Dormant Company486,793
    41202 - Construction of domestic buildings434,591
    62012 - Business and domestic software development426,943
    68209 - Other letting and operating of own or leased real estate426,519

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08128799 COVITOR LIMITED 03 Jul 2012
    08134468 FIRE SAFE SECURITY LIMITED 09 Jul 2012
    08127698 CONTRACTREFUND LIMITED 03 Jul 2012
    08133052 WORCESTERSHIRE SCIENCE TUITION LIMITED 06 Jul 2012
    08134511 NIZLA ITALIAN RESTAURANT LTD 09 Jul 2012
    08152422 TIMELINE CONSULTANCY LIMITED 23 Jul 2012
    08129444 BUILD TEAM LTD 04 Jul 2012
    08140041 A & P HOMES (REDDITCH) LTD 12 Jul 2012
    08144994 LITTLE STARS EDUCATIONAL SERVICES LTD 16 Jul 2012
    08153797 LEIGHROY LTD 24 Jul 2012
    08159064 REDDITCH TOWN CENTRE PARTNERSHIP CIC 27 Jul 2012
    08127254 WAHAB & CO LIMITED 03 Jul 2012
    08130304 AFDST LTD 04 Jul 2012
    08136259 T & R AGRICULTURAL SERVICES LIMITED 10 Jul 2012
    08144366 PHANTOM SOLUTIONS LIMITED 16 Jul 2012
    08136505 AEROSTATION LIMITED 10 Jul 2012
    08139689 EDWARD PARKS ENGINEERING LTD 11 Jul 2012
    08134418 2U STUDIOS LTD 09 Jul 2012
    08139864 MICHELLE MOSEDALE LETTINGS LIMITED 12 Jul 2012
    08140791 HC 1189 LIMITED 12 Jul 2012
    08145424 COLD SEAL WINDOWS LIMITED 17 Jul 2012
    08162634 CLOUD CHAMBER LIMITED 31 Jul 2012
    08125497 ORGANIC OILS LIMITED 02 Jul 2012
    08128211 INCARN IT SERVICES LIMITED 03 Jul 2012
    08130372 ROBERT PRESCOTT CONSULTANTS LIMITED 04 Jul 2012