Worcestershire

2013 Annual 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

  • 2013 was a record year for company registrations in Worcestershire when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Worcestershire when compared to any previous second half year.
  • The second half of 2013 was a record second half year for company registrations in Worcestershire when compared to any half year in history.
  • Q4 2013 saw a new record in company registrations in Worcestershire when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Worcestershire when compared to any previous December.
  • November 2013 saw a new record in company registrations in Worcestershire when compared to any previous November.
  • October 2013 saw a new record in company registrations in Worcestershire when compared to any previous October.

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. Annual Data (2013)

    2013 was a record year for company registrations in Worcestershire when compared to any year in history.

    A total of 3,145 companies were formed in Worcestershire in 2013. This total is 8.5% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearWorcestershireUK
    20133,145529,363
    20122,898491,893
    20112,974452,870
    20102,677400,358
    20092,365362,675
    Record Year2013 (3,145)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Worcestershire when compared to any previous second half year.

    The second half of 2013 was a record second half year for company registrations in Worcestershire when compared to any half year in history.

    In the second half of 2013 a total of 1,593 companies were formed in Worcestershire. This figure is 16.4% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Worcestershire occurred in 2013 when a total of 1,593 were formed.

    Half Year (Jul-Dec)WorcestershireUK
    20131,593259,931
    20121,369238,743
    % change16.4%8.9%
    Record Year2013 (1,593)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Worcestershire when compared to any previous Q4.

    A total of 780 companies were registered in Worcestershire during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 16.8% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)WorcestershireUK
    2013780127,247
    2012668119,875
    % change16.8%6.1%
    Record Year 2013 (780) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013308249223
    New companies in 2012272219177
    % change13.2%13.7%26.0%
    Record Year2013 (308)2013 (249)2013 (223)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 2,140 companies were dissolved in Worcestershire in 2013. This total is 12.3% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearWorcestershireUK
    20132,140332,213
    20121,906293,729
    20112,046314,524
    20102,574342,233
    20092,581533,789
    Record Year2009 (2,581)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 1,179 companies were dissolved in Worcestershire. This figure is 19.2% higher than last year, which compares well to the UK wide change of 21.3%.

    The highest total for a second half year in Worcestershire occurred in 2010 when a total of 1,242 were closed.

    Half Year (Jul-Dec)WorcestershireUK
    20131,179177,021
    2012989145,935
    % change19.2%21.3%
    Record Year2010 (1,242)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 604 companies were dissolved in Worcestershire during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 22.3% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)WorcestershireUK
    201360490,851
    201249470,027
    % change22.3%29.7%
    Record Year 2013 (604) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013210172222
    Closed companies in 2012224163107
    % change-6.3%5.5%107%
    Record Year2012 (224)2011 (235)2009 (236)

Net Company Growth

  1. Annual Data (2013)

    A total of 1,005 companies were added to the company register for Worcestershire in 2013. This number represents growth of 32.0% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 13 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Worcestershire company register grew by 1,462 companies.

    YearWorcestershireUK
    20131,005197,150
    2012992198,164
    2011928138,346
    201010358,125
    2009-216-171,114
    Record Year2007 (1,462)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Worcestershire increased by 414 companies.

    Half Year (Jul-Dec)WorcestershireUK
    201341482,910
    201238092,808
    Record Year2003 (875)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Worcestershire during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 176 companies.

    fourth quarter (Oct 2013 - Dec 2013)WorcestershireUK
    201317636,396
    201217449,848
    Record Year 2006 (310) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201398771
    Net growth in 2012485670
    Record Year2003 (212)2003 (148)2002 (123)

UK Company Share

  1. Annual Data (2013)

    In 2013 Worcestershire formed 0.6% of all UK companies. This is no change on 2012 when Worcestershire was responsible for 0.6% of all UK companies.

    YearWorcestershire
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    20090.7%
    Record Year (since 1960)2002 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Worcestershire formed 0.6% of all UK companies. This is the same as the 2012 figure of 0.6%.

    Half Year (Jul-Dec)Worcestershire
    20130.6%
    20120.6%
    20110.7%
    20100.6%
    20090.6%
    Record Year (since 1960) 2002 (0.8%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

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

    fourth quarter (Oct 2013 - Dec 2013)Worcestershire
    20130.6%
    20120.6%
    20110.6%
    20100.7%
    20090.6%
    Record Year (since 1960) 2001 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.6%0.6%0.6%
    UK formation share in 20120.6%0.5%0.6%
    % change5.3%11.7%14.6%
    Record Year1991 (0.8%)1990 (1.0%)2002 (0.9%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 45.8.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 45.7.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 45.2.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Worcestershire was 1990 when 38.3% of all directors were female.

    The percentage of female directors in Worcestershire in 2013 was 28.3%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Worcestershire was 2006 when 33.8% of all directors were female.

    28.3% of all director appointments in Worcestershire in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Worcestershire was in 2009 when 36.6% of all directors were female.

    28.1% of all director appointments in Worcestershire in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.72%CONSULTING5.22%
    CONSULTING1.69%MANAGEMENT4.72%
    PROPERTY1.03%CONSULTANCY3.45%
    CONSULTANCY1.01%PROPERTY2.59%
    CONSTRUCTION0.91%TRADING2.08%
    DESIGN0.88%ENGINEERING1.87%
    ENGINEERING0.81%LONDON1.86%
    WORCESTER0.79%DESIGN1.76%
    BUILDING0.71%CONSTRUCTION1.73%
    MEDIA0.69%CARE1.73%
    TRADING0.66%BUSINESS1.71%
    J0.66%CONSULTANTS1.68%
    ASSOCIATES0.66%GLOBAL1.58%
    MUSIC0.64%INVESTMENTS1.56%
    HOLDINGS0.61%PROPERTIES1.54%
    CARE0.61%ASSOCIATES1.53%
    BUSINESS0.59%J1.51%
    HOUSE0.59%MEDIA1.50%
    WAVE0.54%IT1.35%
    M0.54%DEVELOPMENTS1.23%
    TRAINING0.52%M1.23%
    DEVELOPMENTS0.52%BUILDING1.21%
    S0.49%ELECTRICAL1.20%
    R0.47%CAPITAL1.19%
    PROPERTIES0.47%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,169266,814
    82990 - Other business support service activities not elsewhere classified47555,342
    99999 - Dormant Company30346,762
    70229 - Management consultancy activities other than financial management24236,164
    62020 - Information technology consultancy activities13327,183
    74909 - Other professional, scientific and technical activities not elsewhere classified12618,034
    96090 - Other service activities not elsewhere classified10226,001
    56290 - Other food services833,837
    74990 - Non-trading company7614,223
    41100 - Development of building projects769,485
    86900 - Other human health activities769,543
    56302 - Public houses and bars675,503
    62090 - Other information technology service activities6612,511
    47910 - Retail sale via mail order houses or via Internet658,879
    43999 - Other specialised construction activities not elsewhere classified617,823
    49410 - Freight transport by road597,333
    69201 - Accounting and auditing activities547,075
    96020 - Hairdressing and other beauty treatment486,000
    45200 - Maintenance and repair of motor vehicles484,987
    62012 - Business and domestic software development489,360

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08735401 NUMBER ONE PARK LIMITED 16 Oct 2013
    08739192 EOM CONSTRUCTION SERVICES LTD 18 Oct 2013
    08716837 SALTERTONGROVE LTD 03 Oct 2013
    08732245 MAXIM LIFTING SERVICES (UK) LIMITED 15 Oct 2013
    08724487 SULIS AVIATION LTD 09 Oct 2013
    08734359 WD AND NM WILLISON LTD 16 Oct 2013
    08737803 CASTLE 1961 LIMITED 17 Oct 2013
    08717519 NEW WEB DESIGN LIMITED 03 Oct 2013
    08733581 MEDIAR EUROPE LIMITED 15 Oct 2013
    08736913 INNER STRENGTH CLOTHING LTD 17 Oct 2013
    08721460 FIDUCIARY CORPORATION LIMITED 07 Oct 2013
    08728608 HEADGYM LIMITED 11 Oct 2013
    08739424 LP&S (UK) LIMITED 18 Oct 2013
    08744924 MISSIONMIRACULUS LTD 23 Oct 2013
    08746556 HIGH SUPPLY CLOTHING LIMITED 24 Oct 2013
    08752054 GTE (MIDLANDS) LIMITED 29 Oct 2013
    08725659 SCOOTERS R US LTD 09 Oct 2013
    08727099 HAMPTON-SMITH FINANCE LIMITED 10 Oct 2013
    08728977 R C S AUTO SERVICES LIMITED 11 Oct 2013
    08740312 MFFCO UK LTD 21 Oct 2013
    08742534 GULIFT SERVICES LTD 22 Oct 2013
    08756640 M&E GLOBAL (STAFFING) SOLUTIONS LIMITED 31 Oct 2013
    08727433 WHITEHILL ROAD RESIDENTS LIMITED 10 Oct 2013
    08744595 PITBULL MOTORCYCLES LIMITED 23 Oct 2013
    08734526 MAD TEES & TOPS LIMITED 16 Oct 2013