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
    08852846 PROPERTY CITY LIMITED 20 Jan 2014
    08857844 RILEC LIMITED 23 Jan 2014
    08863977 ARL SALES AND MARKETING LIMITED 28 Jan 2014
    08870657 HANSONS LETTINGS LIMITED 31 Jan 2014
    08871387 JOHNSON FLEMING FUTURE LIFE PLANNING LIMITED 31 Jan 2014
    08829095 TREBUCHET GAMES LTD 02 Jan 2014
    08830846 VEHICLE LOAN & VEHICLE FINANCE DATA SEARCH LTD 03 Jan 2014
    08837526 SIGN LOCAL LTD 08 Jan 2014
    08841522 HILLS UTILITIES LTD 13 Jan 2014
    08855209 SPECIALIST AUTOMOTIVE PARTS LIMITED 21 Jan 2014
    08860662 OAKTREES HEALTHCARE (FINCHFIELD) LIMITED 24 Jan 2014
    08867308 EW GAS SOLUTIONS LIMITED 29 Jan 2014
    08838841 LIMIT AUDIO LTD 09 Jan 2014
    08855613 COGNETICS LIMITED 22 Jan 2014
    08866751 KOMENDA LIMITED 29 Jan 2014
    08868481 CHARLES GROSVENOR WINDOWS LIMITED 30 Jan 2014
    08836597 MARIO HEIGHT SPECIALIST LTD 08 Jan 2014
    08843678 PRICE ENTERPRISES (REDDITCH) LTD 14 Jan 2014
    08850851 URBAN BAR AND LOUNGE (WATFORD) LIMITED 17 Jan 2014
    08865255 CROSSFIT REDDITCH LIMITED 28 Jan 2014
    08838709 CIS TAX LTD 09 Jan 2014
    08854441 MYLOCALCHILDMINDER LIMITED 21 Jan 2014
    08830408 JUMP OF JOY DIGITAL DEALS LTD. 03 Jan 2014
    08830806 OK JOINERY LTD 03 Jan 2014
    08842547 BOB PRICE & SON LIMITED 13 Jan 2014