Worcestershire
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Worcestershire when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Worcestershire when compared to any half year in history.
- The first half of 2014 saw a new record in company registrations in Worcestershire when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Worcestershire when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q2.
- Q2 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q2.
- May 2014 saw a new record in company registrations in Worcestershire when compared to any previous May.
- April 2014 saw a new record in company registrations in Worcestershire when compared to any previous April.
- May 2014 saw a new record in company registrations in Worcestershire when compared to any previous May.
- April 2014 saw a new record in company registrations in Worcestershire when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Worcestershire when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Worcestershire when compared to any half year in history.
The first half of 2014 saw a new record in company registrations in Worcestershire when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Worcestershire when compared to any half year in history.
In the first half of 2014 a total of 1,747 companies were formed in Worcestershire. This figure is 12.6% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Worcestershire occurred in 2014 when a total of 1,747 were formed.
Half Year (Jan-Jun) Worcestershire UK 2014 1,747 300,731 2013 1,552 269,432 % change 12.6% 11.6% Record Year 2014 (1,747) 2014 (300,731) In the first half of 2014 a total of 1,747 companies were formed in Worcestershire. This figure is 12.6% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Worcestershire occurred in 2014 when a total of 1,747 were formed.
Half Year (Jan-Jun) Worcestershire UK 2014 1,747 300,731 2013 1,552 269,432 % change 12.6% 11.6% Record Year 2014 (1,747) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q2.
Q2 2014 saw a new record in company registrations in Worcestershire when compared to any previous Q2.
A total of 823 companies were registered in Worcestershire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 11.7% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Worcestershire UK 2014 823 150,009 2013 737 134,630 % change 11.7% 11.4% Record Year 2014 (823) 2014 (150,009) New Companies by Quarter
A total of 823 companies were registered in Worcestershire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 11.7% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Worcestershire UK 2014 823 150,009 2013 737 134,630 % change 11.7% 11.4% Record Year 2014 (823) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
May 2014 saw a new record in company registrations in Worcestershire when compared to any previous May.
April 2014 saw a new record in company registrations in Worcestershire when compared to any previous April.
May 2014 saw a new record in company registrations in Worcestershire when compared to any previous May.
April 2014 saw a new record in company registrations in Worcestershire when compared to any previous April.
New Companies by Month
New Companies by Month
April May June New companies in 2014 297 259 267 New companies in 2013 287 214 236 % change 3.5% 21.0% 13.1% Record Year 2014 (297) 2014 (259) 2010 (276) April May June New companies in 2014 297 259 267 New companies in 2013 287 214 236 % change 3.5% 21.0% 13.1% Record Year 2014 (297) 2014 (259) 2010 (276)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,201 companies were dissolved in Worcestershire. This figure is 25.0% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Worcestershire occurred in 2009 when a total of 1,379 were closed.
Half Year (Jan-Jun) Worcestershire UK 2014 1,201 177,207 2013 961 155,192 % change 25.0% 14.2% Record Year 2009 (1,379) 2009 (289,245) In the first half of 2014 a total of 1,201 companies were dissolved in Worcestershire. This figure is 25.0% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Worcestershire occurred in 2009 when a total of 1,379 were closed.
Half Year (Jan-Jun) Worcestershire UK 2014 1,201 177,207 2013 961 155,192 % change 25.0% 14.2% Record Year 2009 (1,379) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 671 companies were dissolved in Worcestershire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 36.1% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Worcestershire UK 2014 671 94,837 2013 493 77,278 % change 36.1% 22.7% Record Year 2009 (836) 2009 (181,179) Dissolved Companies by Quarter
A total of 671 companies were dissolved in Worcestershire during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 36.1% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Worcestershire UK 2014 671 94,837 2013 493 77,278 % change 36.1% 22.7% Record Year 2009 (836) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
Dissolved Companies by Month
April May June Closed companies in 2014 167 274 230 Closed companies in 2013 170 147 176 % change -1.8% 86.4% 31% Record Year 2009 (176) 2009 (390) 2010 (287) April May June Closed companies in 2014 167 274 230 Closed companies in 2013 170 147 176 % change -1.8% 86.4% 31% Record Year 2009 (176) 2009 (390) 2010 (287)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Worcestershire increased by 546 companies.
Half Year (Jan-Jun) Worcestershire UK 2014 546 123,524 2013 591 114,240 Record Year 2003 (1,060) 2007 (171,296) In the first half of 2014 the company register for Worcestershire increased by 546 companies.
Half Year (Jan-Jun) Worcestershire UK 2014 546 123,524 2013 591 114,240 Record Year 2003 (1,060) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Worcestershire during the second quarter of 2014 (Apr 2014 - Jun 2014) was 152 companies.
second quarter (Apr 2014 - Jun 2014) Worcestershire UK 2014 152 55,172 2013 244 57,352 Record Year 2007 (401) 2007 (60,014) Net Growth by Quarter
Net company growth for Worcestershire during the second quarter of 2014 (Apr 2014 - Jun 2014) was 152 companies.
second quarter (Apr 2014 - Jun 2014) Worcestershire UK 2014 152 55,172 2013 244 57,352 Record Year 2007 (401) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 130 -15 37 Net growth in 2013 117 67 60 Record Year 2007 (191) 2003 (173) 2003 (180) April May June Net growth in 2014 130 -15 37 Net growth in 2013 117 67 60 Record Year 2007 (191) 2003 (173) 2003 (180)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Worcestershire formed 0.6% of all UK companies. This is the same as the 2013 figure of 0.6%.
Half Year (Jan-Jun) Worcestershire 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.7% Record Year (since 1960) 2003 (0.8%) Company Share by Half Year
In the first half of 2014 Worcestershire formed 0.6% of all UK companies. This is the same as the 2013 figure of 0.6%.
Half Year (Jan-Jun) Worcestershire 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.7% Record Year (since 1960) 2003 (0.8%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Worcestershire formed 0.5% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Worcestershire 2014 0.5% 2013 0.5% 2012 0.6% 2011 0.6% 2010 0.7% Record Year (since 1960) 1993 (0.8%) Company Share by Quarter
In the second quarter of 2014, Worcestershire formed 0.5% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Worcestershire 2014 0.5% 2013 0.5% 2012 0.6% 2011 0.6% 2010 0.7% Record Year (since 1960) 1993 (0.8%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 0.5% 0.5% 0.6% UK formation share in 2013 0.6% 0.5% 0.6% % change -6.7% 11.7% -2.0% Record Year 1992 (0.9%) 1991 (0.8%) 1993 (1.0%) April May June UK formation share in 2014 0.5% 0.5% 0.6% UK formation share in 2013 0.6% 0.5% 0.6% % change -6.7% 11.7% -2.0% Record Year 1992 (0.9%) 1991 (0.8%) 1993 (1.0%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 46.0.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.
Director Age by Half Year
The average age of a director in the first half of 2014 was 46.0.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 45.8.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.6%.
Director Age by Quarter
The average age of a director in the second quarter of 2014 was 45.8.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Worcestershire was 2007 when 33.6% of all directors were female.
29.3% of all director appointments in Worcestershire in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
The record first half year for female directors in Worcestershire was 2007 when 33.6% of all directors were female.
29.3% of all director appointments in Worcestershire in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Worcestershire was in 2008 when 34.3% of all directors were female.
29.1% of all director appointments in Worcestershire in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
The record second quarter for female directors in Worcestershire was in 2008 when 34.3% of all directors were female.
29.1% of all director appointments in Worcestershire in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.76% CONSULTING 5.16% CONSULTING 1.49% MANAGEMENT 4.64% PROPERTY 1.21% CONSULTANCY 3.50% CONSULTANCY 1.00% PROPERTY 2.66% CONSTRUCTION 0.86% TRADING 2.03% HOLDINGS 0.81% ENGINEERING 1.99% DESIGN 0.79% CONSTRUCTION 1.93% J 0.79% LONDON 1.93% ENGINEERING 0.77% CARE 1.85% CARE 0.70% DESIGN 1.75% MUSIC 0.67% CONSULTANTS 1.73% ASSOCIATES 0.67% BUSINESS 1.69% WORCESTER 0.67% PROPERTIES 1.63% BUILDING 0.65% TRANSPORT 1.58% S 0.58% GLOBAL 1.55% SYSTEMS 0.58% INVESTMENTS 1.55% BUSINESS 0.56% J 1.51% TRADING 0.56% ASSOCIATES 1.48% ELECTRICAL 0.53% MEDIA 1.44% HOUSE 0.51% ELECTRICAL 1.40% MEDIA 0.51% IT 1.33% WAVE 0.51% DEVELOPMENTS 1.33% M 0.49% BUILDING 1.26% TRAINING 0.49% M 1.24% DEVELOPMENTS 0.46% CO., 1.20% word percentage uk word uk percentage MANAGEMENT 1.76% CONSULTING 5.16% CONSULTING 1.46% MANAGEMENT 4.64% PROPERTY 1.18% CONSULTANCY 3.49% CONSULTANCY 0.97% PROPERTY 2.66% CONSTRUCTION 0.86% TRADING 2.03% HOLDINGS 0.86% ENGINEERING 1.99% DESIGN 0.79% LONDON 1.93% J 0.79% CONSTRUCTION 1.93% ENGINEERING 0.77% CARE 1.85% CARE 0.70% DESIGN 1.75% WORCESTER 0.67% CONSULTANTS 1.73% ASSOCIATES 0.67% BUSINESS 1.69% MUSIC 0.67% PROPERTIES 1.63% BUILDING 0.65% TRANSPORT 1.58% S 0.58% GLOBAL 1.55% SYSTEMS 0.56% INVESTMENTS 1.55% BUSINESS 0.56% J 1.50% TRADING 0.56% ASSOCIATES 1.48% ELECTRICAL 0.53% MEDIA 1.44% WAVE 0.51% ELECTRICAL 1.40% HOUSE 0.51% IT 1.33% MEDIA 0.51% DEVELOPMENTS 1.33% TRAINING 0.49% BUILDING 1.26% DEVELOPMENTS 0.46% M 1.23% M 0.46% CO., 1.20%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 1,102 261,557 82990 - Other business support service activities not elsewhere classified 476 57,421 99999 - Dormant Company 358 48,436 70229 - Management consultancy activities other than financial management 250 40,250 62020 - Information technology consultancy activities 150 29,029 74909 - Other professional, scientific and technical activities not elsewhere classified 145 19,058 96090 - Other service activities not elsewhere classified 103 28,352 86900 - Other human health activities 80 11,292 41100 - Development of building projects 80 10,527 56302 - Public houses and bars 76 6,099 47910 - Retail sale via mail order houses or via Internet 70 9,900 74990 - Non-trading company 67 14,351 49410 - Freight transport by road 62 9,265 43999 - Other specialised construction activities not elsewhere classified 61 8,533 69201 - Accounting and auditing activities 57 7,415 62090 - Other information technology service activities 55 13,024 43210 - Electrical installation 52 6,050 96020 - Hairdressing and other beauty treatment 51 6,631 62012 - Business and domestic software development 48 9,834 68209 - Other letting and operating of own or leased real estate 48 10,133 sic code number of companies uk companies None Supplied 1,090 259,495 82990 - Other business support service activities not elsewhere classified 476 57,459 99999 - Dormant Company 359 48,126 70229 - Management consultancy activities other than financial management 251 40,375 62020 - Information technology consultancy activities 152 29,145 74909 - Other professional, scientific and technical activities not elsewhere classified 144 19,026 96090 - Other service activities not elsewhere classified 103 28,340 41100 - Development of building projects 82 10,664 86900 - Other human health activities 81 11,353 56302 - Public houses and bars 75 6,119 47910 - Retail sale via mail order houses or via Internet 70 9,940 74990 - Non-trading company 68 14,184 49410 - Freight transport by road 62 9,318 43999 - Other specialised construction activities not elsewhere classified 61 8,555 69201 - Accounting and auditing activities 58 7,438 62090 - Other information technology service activities 56 13,042 43210 - Electrical installation 52 6,091 96020 - Hairdressing and other beauty treatment 51 6,665 68209 - Other letting and operating of own or leased real estate 49 10,262 47990 - Other retail sale not in stores, stalls or markets 47 6,296
Recent Companies
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Randomly selected companies from this quarter
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