Worcestershire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Worcestershire when compared to any previous March.
  • March 2014 was a record month for company registrations in Worcestershire when compared to any month in history.
  • January 2014 saw a new record in company registrations in Worcestershire when compared to any previous January.
  • March 2014 saw a new record in company registrations in Worcestershire when compared to any previous March.
  • March 2014 was a record month for company registrations in Worcestershire when compared to any month in history.
  • January 2014 saw a new record in company registrations in Worcestershire when compared to any previous January.
  • March 2014 saw a new record in company registrations in Worcestershire when compared to any previous March.
  • March 2014 was a record month for company registrations in Worcestershire when compared to any month in history.
  • January 2014 saw a new record in company registrations in Worcestershire when compared to any previous January.
  • January 2014 saw a new record in net growth in Worcestershire when compared to any previous January.
  • January 2014 saw a new record in net growth in Worcestershire when compared to any previous January.
  • January 2014 saw a new record in net growth in Worcestershire when compared to any previous January.

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 2014)

    Q1 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Worcestershire when compared to any quarter in history.

    A total of 924 companies were registered in Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.4% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    2014924150,722
    2013815134,802
    % change13.4%11.8%
    Record Year 2014 (924) 2007 (166,814)
    New Companies by Quarter

    A total of 924 companies were registered in Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.4% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    2014924150,722
    2013815134,802
    % change13.4%11.8%
    Record Year 2014 (924) 2007 (166,814)
    New Companies by Quarter

    A total of 924 companies were registered in Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.4% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    2014924150,722
    2013815134,802
    % change13.4%11.8%
    Record Year 2014 (924) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Worcestershire when compared to any previous March.

    March 2014 was a record month for company registrations in Worcestershire when compared to any month in history.

    January 2014 saw a new record in company registrations in Worcestershire when compared to any previous January.

    March 2014 saw a new record in company registrations in Worcestershire when compared to any previous March.

    March 2014 was a record month for company registrations in Worcestershire when compared to any month in history.

    January 2014 saw a new record in company registrations in Worcestershire when compared to any previous January.

    March 2014 saw a new record in company registrations in Worcestershire when compared to any previous March.

    March 2014 was a record month for company registrations in Worcestershire when compared to any month in history.

    January 2014 saw a new record in company registrations in Worcestershire when compared to any previous January.

    New Companies by Month
    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014319259346
    New companies in 2013247295273
    % change29.1%-12.2%26.7%
    Record Year2014 (319)2012 (319)2014 (346)
    JanuaryFebruaryMarch
    New companies in 2014319259346
    New companies in 2013247295273
    % change29.1%-12.2%26.7%
    Record Year2014 (319)2012 (319)2014 (346)
    JanuaryFebruaryMarch
    New companies in 2014319259346
    New companies in 2013247295273
    % change29.1%-12.2%26.7%
    Record Year2014 (319)2012 (319)2014 (346)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 530 companies were dissolved in Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    201453082,370
    201346877,914
    % change13.2%5.7%
    Record Year 2010 (614) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 530 companies were dissolved in Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    201453082,370
    201346877,914
    % change13.2%5.7%
    Record Year 2010 (614) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 530 companies were dissolved in Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.2% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    201453082,370
    201346877,914
    % change13.2%5.7%
    Record Year 2010 (614) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014162179189
    Closed companies in 2013205145118
    % change-21.0%23.4%60%
    Record Year2011 (235)2010 (206)2009 (284)
    JanuaryFebruaryMarch
    Closed companies in 2014162179189
    Closed companies in 2013205145118
    % change-21.0%23.4%60%
    Record Year2011 (235)2010 (206)2009 (284)
    JanuaryFebruaryMarch
    Closed companies in 2014162179189
    Closed companies in 2013205145118
    % change-21.0%23.4%60%
    Record Year2011 (235)2010 (206)2009 (284)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014) was 394 companies.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    201439468,352
    201334756,888
    Record Year 2007 (472) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014) was 394 companies.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    201439468,352
    201334756,888
    Record Year 2007 (472) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Worcestershire during the first quarter of 2014 (Jan 2014 - Mar 2014) was 394 companies.

    first quarter (Jan 2014 - Mar 2014)WorcestershireUK
    201439468,352
    201334756,888
    Record Year 2007 (472) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in net growth in Worcestershire when compared to any previous January.

    January 2014 saw a new record in net growth in Worcestershire when compared to any previous January.

    January 2014 saw a new record in net growth in Worcestershire when compared to any previous January.

    Net Growth by Month
    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201415780157
    Net growth in 201342150155
    Record Year2014 (157)2012 (206)2008 (229)
    JanuaryFebruaryMarch
    Net growth in 201415780157
    Net growth in 201342150155
    Record Year2014 (157)2012 (206)2008 (229)
    JanuaryFebruaryMarch
    Net growth in 201415780157
    Net growth in 201342150155
    Record Year2014 (157)2012 (206)2008 (229)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Worcestershire formed 0.6% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Worcestershire
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    Record Year (since 1960) 2003 (0.8%)
    Company Share by Quarter

    In the first quarter of 2014, Worcestershire formed 0.6% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Worcestershire
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    Record Year (since 1960) 2003 (0.8%)
    Company Share by Quarter

    In the first quarter of 2014, Worcestershire formed 0.6% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Worcestershire
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    Record Year (since 1960) 2003 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.7%0.5%0.6%
    UK formation share in 20130.6%0.7%0.6%
    % change20.8%-18.9%5.8%
    Record Year2002 (1.0%)2003 (0.9%)1991 (0.9%)
    JanuaryFebruaryMarch
    UK formation share in 20140.7%0.5%0.6%
    UK formation share in 20130.6%0.7%0.6%
    % change20.8%-18.9%5.8%
    Record Year2002 (1.0%)2003 (0.9%)1991 (0.9%)
    JanuaryFebruaryMarch
    UK formation share in 20140.7%0.5%0.6%
    UK formation share in 20130.6%0.7%0.6%
    % change20.8%-18.9%5.8%
    Record Year2002 (1.0%)2003 (0.9%)1991 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 46.1.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.1.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 46.1.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Worcestershire was in 2007 when 35.0% of all directors were female.

    29.4% of all director appointments in Worcestershire in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Worcestershire was in 2007 when 35.0% of all directors were female.

    29.4% of all director appointments in Worcestershire in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Worcestershire was in 2007 when 35.0% of all directors were female.

    29.4% of all director appointments in Worcestershire in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING1.76%CONSULTING5.22%
    MANAGEMENT1.71%MANAGEMENT4.67%
    PROPERTY1.07%CONSULTANCY3.49%
    CONSULTANCY1.00%PROPERTY2.64%
    CONSTRUCTION0.90%TRADING2.05%
    DESIGN0.76%LONDON1.88%
    HOLDINGS0.76%ENGINEERING1.86%
    BUILDING0.74%CARE1.79%
    ENGINEERING0.71%CONSTRUCTION1.75%
    WORCESTER0.71%DESIGN1.75%
    MUSIC0.67%CONSULTANTS1.73%
    TRADING0.67%BUSINESS1.71%
    CARE0.64%PROPERTIES1.60%
    ASSOCIATES0.64%INVESTMENTS1.60%
    S0.62%GLOBAL1.58%
    TRAINING0.62%J1.48%
    J0.62%ASSOCIATES1.48%
    M0.59%MEDIA1.48%
    DEVELOPMENTS0.52%IT1.33%
    MEDIA0.52%TRANSPORT1.30%
    WAVE0.52%DEVELOPMENTS1.29%
    HOUSE0.50%BUILDING1.24%
    B0.48%M1.21%
    BUSINESS0.48%CAPITAL1.20%
    MARKETING0.45%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    CONSULTING1.73%CONSULTING5.23%
    MANAGEMENT1.69%MANAGEMENT4.69%
    PROPERTY1.05%CONSULTANCY3.49%
    CONSULTANCY1.00%PROPERTY2.64%
    CONSTRUCTION0.90%TRADING2.05%
    DESIGN0.76%LONDON1.90%
    HOLDINGS0.76%ENGINEERING1.87%
    BUILDING0.74%CARE1.80%
    WORCESTER0.71%CONSTRUCTION1.76%
    ENGINEERING0.71%DESIGN1.75%
    ASSOCIATES0.67%CONSULTANTS1.73%
    MUSIC0.67%BUSINESS1.71%
    TRADING0.67%PROPERTIES1.60%
    CARE0.64%INVESTMENTS1.60%
    S0.62%GLOBAL1.59%
    J0.62%MEDIA1.49%
    M0.59%J1.49%
    TRAINING0.59%ASSOCIATES1.48%
    DEVELOPMENTS0.52%IT1.34%
    MEDIA0.52%TRANSPORT1.30%
    WAVE0.52%DEVELOPMENTS1.29%
    HOUSE0.50%BUILDING1.24%
    B0.48%CAPITAL1.21%
    BUSINESS0.48%M1.21%
    SYSTEMS0.45%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    CONSULTING1.76%CONSULTING5.23%
    MANAGEMENT1.69%MANAGEMENT4.69%
    PROPERTY1.02%CONSULTANCY3.49%
    CONSULTANCY1.02%PROPERTY2.64%
    CONSTRUCTION0.90%TRADING2.04%
    HOLDINGS0.81%LONDON1.90%
    DESIGN0.76%ENGINEERING1.87%
    WORCESTER0.74%CARE1.80%
    BUILDING0.74%CONSTRUCTION1.77%
    ENGINEERING0.71%DESIGN1.75%
    ASSOCIATES0.67%CONSULTANTS1.73%
    MUSIC0.67%BUSINESS1.71%
    TRADING0.67%PROPERTIES1.60%
    CARE0.64%INVESTMENTS1.59%
    S0.62%GLOBAL1.59%
    J0.62%MEDIA1.49%
    TRAINING0.59%J1.48%
    M0.57%ASSOCIATES1.48%
    WAVE0.52%IT1.34%
    MEDIA0.52%TRANSPORT1.30%
    DEVELOPMENTS0.52%DEVELOPMENTS1.29%
    HOUSE0.50%BUILDING1.24%
    B0.48%CAPITAL1.21%
    BUSINESS0.48%M1.20%
    R0.45%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,224280,210
    82990 - Other business support service activities not elsewhere classified47956,411
    99999 - Dormant Company33747,084
    70229 - Management consultancy activities other than financial management24137,882
    62020 - Information technology consultancy activities14527,750
    74909 - Other professional, scientific and technical activities not elsewhere classified13218,491
    96090 - Other service activities not elsewhere classified10426,700
    41100 - Development of building projects739,855
    86900 - Other human health activities7310,273
    56302 - Public houses and bars725,732
    74990 - Non-trading company6914,135
    47910 - Retail sale via mail order houses or via Internet669,358
    43999 - Other specialised construction activities not elsewhere classified658,155
    49410 - Freight transport by road598,014
    62090 - Other information technology service activities5812,813
    69201 - Accounting and auditing activities567,313
    41202 - Construction of domestic buildings496,559
    43210 - Electrical installation485,885
    47990 - Other retail sale not in stores, stalls or markets485,988
    96020 - Hairdressing and other beauty treatment486,236
    sic codenumber of companiesuk companies
    None Supplied1,087254,725
    82990 - Other business support service activities not elsewhere classified48257,654
    99999 - Dormant Company34448,100
    70229 - Management consultancy activities other than financial management24739,157
    62020 - Information technology consultancy activities15328,692
    74909 - Other professional, scientific and technical activities not elsewhere classified13519,018
    96090 - Other service activities not elsewhere classified10827,652
    86900 - Other human health activities7510,681
    56302 - Public houses and bars746,008
    41100 - Development of building projects7410,295
    43999 - Other specialised construction activities not elsewhere classified688,495
    47910 - Retail sale via mail order houses or via Internet679,673
    74990 - Non-trading company6714,336
    62090 - Other information technology service activities6113,149
    49410 - Freight transport by road608,584
    69201 - Accounting and auditing activities567,495
    62012 - Business and domestic software development529,818
    41202 - Construction of domestic buildings516,890
    43210 - Electrical installation496,100
    47990 - Other retail sale not in stores, stalls or markets486,203
    sic codenumber of companiesuk companies
    None Supplied1,085254,441
    82990 - Other business support service activities not elsewhere classified48257,543
    99999 - Dormant Company34447,692
    70229 - Management consultancy activities other than financial management24739,242
    62020 - Information technology consultancy activities15528,770
    74909 - Other professional, scientific and technical activities not elsewhere classified13518,956
    96090 - Other service activities not elsewhere classified10727,543
    86900 - Other human health activities7610,715
    41100 - Development of building projects7510,399
    56302 - Public houses and bars736,009
    43999 - Other specialised construction activities not elsewhere classified688,503
    74990 - Non-trading company6814,142
    47910 - Retail sale via mail order houses or via Internet679,695
    62090 - Other information technology service activities6213,145
    49410 - Freight transport by road608,608
    69201 - Accounting and auditing activities577,527
    62012 - Business and domestic software development519,838
    43210 - Electrical installation496,124
    41202 - Construction of domestic buildings496,917
    96020 - Hairdressing and other beauty treatment486,508

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08877151 ZED-PARTS LIMITED 05 Feb 2014
    08878602 CARPENTERS CONSTRUCTION LTD 06 Feb 2014
    08885909 SARABELLA'S CAKES LIMITED 11 Feb 2014
    08895213 REVAIR LIMITED 14 Feb 2014
    08897779 ZEPTOTECH LTD 17 Feb 2014
    08875502 NICK SPALDING CONSULTING LTD. 04 Feb 2014
    08876571 L & A TRADING (UK) LTD 05 Feb 2014
    08898943 FALLOUT FITNESS LTD 17 Feb 2014
    08905399 INOVA PRODUCTS LIMITED 20 Feb 2014
    08901117 WESTALL COURT LIMITED 18 Feb 2014
    08876362 RIDGESTEEL FABRICATIONS LIMITED 04 Feb 2014
    08886608 B61 CARS LIMITED 11 Feb 2014
    08888732 INTERIOR DEVELOPMENTS LIMITED 12 Feb 2014
    08910943 S & J HIRE LTD 25 Feb 2014
    08875362 AUTOUS LTD 04 Feb 2014
    08875895 CROSSGATE ENGINEERING LIMITED 04 Feb 2014
    08890024 FOXES FIGURES LIMITED 12 Feb 2014
    08905415 RONIN MUSIC (UK) LTD 20 Feb 2014
    08883582 BIRDS-I VIEW FALCONRY LIMITED 10 Feb 2014
    08899103 E A S TRANSPORT LIMITED 17 Feb 2014
    08910748 PEPE'S DESERTS LIMITED 25 Feb 2014
    08913622 VALE BALLOONS LIMITED 26 Feb 2014
    08907658 DGC ELECTRICAL LIMITED 24 Feb 2014
    08914742 ANGEL HAIR STUDIO LTD 27 Feb 2014
    08903772 BUILDING MECHANICAL SYSTEMS LTD 20 Feb 2014