Worcestershire

Q3 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • Q3 2013 saw a new record in company registrations in Worcestershire when compared to any previous Q3.
  • Q3 2013 saw a new record in company registrations in Worcestershire when compared to any previous Q3.
  • August 2013 saw a new record in company registrations in Worcestershire when compared to any previous August.
  • August 2013 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 2013)

    Q3 2013 saw a new record in company registrations in Worcestershire when compared to any previous Q3.

    Q3 2013 saw a new record in company registrations in Worcestershire when compared to any previous Q3.

    A total of 813 companies were registered in Worcestershire during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 16.0% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)WorcestershireUK
    2013813132,684
    2012701118,868
    % change16.0%11.6%
    Record Year 2013 (813) 2013 (132,684)
    New Companies by Quarter

    A total of 813 companies were registered in Worcestershire during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 16.0% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)WorcestershireUK
    2013813132,684
    2012701118,868
    % change16.0%11.6%
    Record Year 2013 (813) 2013 (132,684)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    August 2013 saw a new record in company registrations in Worcestershire when compared to any previous August.

    August 2013 saw a new record in company registrations in Worcestershire when compared to any previous August.

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 2013296270247
    New companies in 2012222242237
    % change33.3%11.6%4.2%
    Record Year2003 (296)2013 (270)2011 (289)
    JulyAugustSeptember
    New companies in 2013296270247
    New companies in 2012222242237
    % change33.3%11.6%4.2%
    Record Year2013 (296)2013 (270)2011 (289)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 575 companies were dissolved in Worcestershire during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 16.2% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)WorcestershireUK
    201357586,170
    201249575,908
    % change16.2%13.5%
    Record Year 2010 (796) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 575 companies were dissolved in Worcestershire during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 16.2% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)WorcestershireUK
    201357586,170
    201249575,908
    % change16.2%13.5%
    Record Year 2010 (796) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013157185233
    Closed companies in 2012189155151
    % change-16.9%19.4%54%
    Record Year2010 (232)2010 (355)2009 (295)
    JulyAugustSeptember
    Closed companies in 2013157185233
    Closed companies in 2012189155151
    % change-16.9%19.4%54%
    Record Year2010 (232)2010 (355)2009 (295)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for Worcestershire during the third quarter of 2013 (Jul 2013 - Sep 2013) was 238 companies.

    third quarter (Jul 2013 - Sep 2013)WorcestershireUK
    201323846,514
    201220642,960
    Record Year 2006 (363) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Worcestershire during the third quarter of 2013 (Jul 2013 - Sep 2013) was 238 companies.

    third quarter (Jul 2013 - Sep 2013)WorcestershireUK
    201323846,514
    201220642,960
    Record Year 2006 (363) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20131398514
    Net growth in 2012338786
    Record Year2008 (193)2000 (138)2002 (171)
    JulyAugustSeptember
    Net growth in 20131398514
    Net growth in 2012338786
    Record Year2008 (193)2000 (138)2002 (171)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, Worcestershire formed 0.6% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)Worcestershire
    20130.6%
    20120.6%
    20110.7%
    20100.6%
    20090.6%
    Record Year (since 1960) 2000 (0.9%)
    Company Share by Quarter

    In the third quarter of 2013, Worcestershire formed 0.6% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)Worcestershire
    20130.6%
    20120.6%
    20110.7%
    20100.6%
    20090.6%
    Record Year (since 1960) 2000 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.6%0.6%0.6%
    UK formation share in 20120.5%0.6%0.6%
    % change19.3%2.3%-8.6%
    Record Year1993 (1.1%)2000 (1.0%)2000 (0.9%)
    JulyAugustSeptember
    UK formation share in 20130.6%0.6%0.6%
    UK formation share in 20120.5%0.6%0.6%
    % change19.3%2.3%-8.6%
    Record Year1993 (1.1%)2000 (1.0%)2000 (0.9%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 46.2.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2013 was 46.2.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in Worcestershire was in 2006 when 34.9% of all directors were female.

    28.5% of all director appointments in Worcestershire in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Worcestershire was in 2006 when 34.9% of all directors were female.

    28.5% of all director appointments in Worcestershire in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2012-Sep 2013)

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

    wordpercentageuk worduk percentage
    CONSULTING1.78%CONSULTING5.27%
    MANAGEMENT1.73%MANAGEMENT4.75%
    PROPERTY1.05%CONSULTANCY3.45%
    CONSULTANCY1.05%PROPERTY2.53%
    CONSTRUCTION0.90%TRADING2.08%
    DESIGN0.80%ENGINEERING1.83%
    ASSOCIATES0.78%LONDON1.79%
    BUSINESS0.75%DESIGN1.78%
    ENGINEERING0.73%BUSINESS1.74%
    WORCESTER0.73%CONSTRUCTION1.70%
    CARE0.68%CONSULTANTS1.69%
    CONSULTANTS0.65%CARE1.64%
    J0.63%ASSOCIATES1.61%
    BUILDING0.63%GLOBAL1.59%
    MEDIA0.63%J1.54%
    PGL0.60%MEDIA1.54%
    HOLDINGS0.58%INVESTMENTS1.53%
    ELECTRICAL0.53%PROPERTIES1.45%
    TRAINING0.53%IT1.39%
    TRADING0.50%M1.25%
    PROPERTIES0.45%ELECTRICAL1.20%
    DEVELOPMENTS0.45%BUILDING1.19%
    R0.45%CAPITAL1.19%
    M0.45%DEVELOPMENTS1.16%
    S0.45%TRAINING1.15%
    wordpercentageuk worduk percentage
    CONSULTING1.78%CONSULTING5.28%
    MANAGEMENT1.73%MANAGEMENT4.76%
    CONSULTANCY1.05%CONSULTANCY3.46%
    PROPERTY1.05%PROPERTY2.54%
    CONSTRUCTION0.90%TRADING2.08%
    DESIGN0.78%ENGINEERING1.84%
    ASSOCIATES0.78%LONDON1.79%
    BUSINESS0.75%DESIGN1.78%
    ENGINEERING0.73%BUSINESS1.74%
    WORCESTER0.73%CONSTRUCTION1.70%
    CARE0.68%CONSULTANTS1.69%
    J0.65%CARE1.64%
    MEDIA0.63%ASSOCIATES1.61%
    CONSULTANTS0.63%GLOBAL1.60%
    BUILDING0.63%J1.54%
    HOLDINGS0.60%MEDIA1.53%
    PGL0.55%INVESTMENTS1.53%
    TRAINING0.53%PROPERTIES1.45%
    TRADING0.50%IT1.39%
    ELECTRICAL0.50%M1.25%
    PROPERTIES0.48%BUILDING1.20%
    S0.45%CAPITAL1.20%
    DEVELOPMENTS0.45%ELECTRICAL1.19%
    M0.45%DEVELOPMENTS1.17%
    R0.45%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,164260,135
    82990 - Other business support service activities not elsewhere classified47454,854
    99999 - Dormant Company30246,169
    70229 - Management consultancy activities other than financial management24434,970
    62020 - Information technology consultancy activities13626,675
    74909 - Other professional, scientific and technical activities not elsewhere classified12717,715
    96090 - Other service activities not elsewhere classified9825,547
    56290 - Other food services823,740
    74990 - Non-trading company8214,228
    41100 - Development of building projects739,271
    86900 - Other human health activities739,203
    56302 - Public houses and bars665,437
    43999 - Other specialised construction activities not elsewhere classified637,590
    62090 - Other information technology service activities6112,516
    47910 - Retail sale via mail order houses or via Internet608,475
    49410 - Freight transport by road566,904
    69201 - Accounting and auditing activities566,979
    45200 - Maintenance and repair of motor vehicles514,955
    62012 - Business and domestic software development509,104
    47990 - Other retail sale not in stores, stalls or markets485,706
    sic codenumber of companiesuk companies
    None Supplied1,081244,464
    82990 - Other business support service activities not elsewhere classified48155,676
    99999 - Dormant Company30647,068
    70229 - Management consultancy activities other than financial management24935,731
    62020 - Information technology consultancy activities13827,242
    74909 - Other professional, scientific and technical activities not elsewhere classified12618,024
    96090 - Other service activities not elsewhere classified10026,207
    74990 - Non-trading company8214,457
    56290 - Other food services823,841
    41100 - Development of building projects759,527
    86900 - Other human health activities739,453
    56302 - Public houses and bars665,596
    43999 - Other specialised construction activities not elsewhere classified637,818
    62090 - Other information technology service activities6212,748
    47910 - Retail sale via mail order houses or via Internet618,691
    69201 - Accounting and auditing activities567,076
    49410 - Freight transport by road567,171
    45200 - Maintenance and repair of motor vehicles535,065
    62012 - Business and domestic software development509,285
    47990 - Other retail sale not in stores, stalls or markets505,849

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08680912 VERVE IT LIMITED 09 Sep 2013
    08690223 AIS TESTING SERVICES LIMITED 13 Sep 2013
    08705284 THE VERY GOOD TRANSLATION COMPANY LTD. 25 Sep 2013
    08672581 POWER STATION MEDICAL RESCUE TEAM LTD 02 Sep 2013
    08681848 POWERFIX ELECTRICAL LTD 09 Sep 2013
    08679548 CRAFTY RABBIT LIMITED 06 Sep 2013
    08686598 PEAK PERFORMANCE FITNESS LTD 11 Sep 2013
    08702668 ASJ PAT TESTING LIMITED 23 Sep 2013
    08670740 THE CREATE A SPACE BUILDING COMPANY LIMITED 02 Sep 2013
    08701462 CAULSTONE BARS LIMITED 23 Sep 2013
    08709953 THORNBURY EXECUTIVE CHAUFFEURS LIMITED 30 Sep 2013
    08710532 MIDLAND AUTO SPARES LTD 30 Sep 2013
    08711194 ADMIRAL PLAYCENTRES LIMITED 30 Sep 2013
    08679835 WYRE FOREST RIDERS RDA 06 Sep 2013
    08702546 WATERSIDE 1962 LIMITED 23 Sep 2013
    08670802 NELLY30081967 LIMITED 02 Sep 2013
    08691277 YOUTH WORK TOOLBOX LIMITED 16 Sep 2013
    08692230 K M ENGINNERS LTD 16 Sep 2013
    08695858 VEYPE LIMITED 18 Sep 2013
    08671033 SODINGTON HALL LIMITED 02 Sep 2013
    08681752 MONSTRANTE LIMITED 09 Sep 2013
    08687599 DJ JAY LTD. 12 Sep 2013
    08699880 ADC AUTOS LIMITED 20 Sep 2013
    08701290 AMY'S CAKE EMPORIUM LTD 23 Sep 2013
    08683243 OGL COMPUTER SERVICES GROUP LIMITED 09 Sep 2013