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

  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. 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)WorcestershireUK
    20141,747300,731
    20131,552269,432
    % change12.6%11.6%
    Record Year2014 (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)WorcestershireUK
    20141,747300,731
    20131,552269,432
    % change12.6%11.6%
    Record Year2014 (1,747)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year
  2. 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)WorcestershireUK
    2014823150,009
    2013737134,630
    % change11.7%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)WorcestershireUK
    2014823150,009
    2013737134,630
    % change11.7%11.4%
    Record Year 2014 (823) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014297259267
    New companies in 2013287214236
    % change3.5%21.0%13.1%
    Record Year2014 (297)2014 (259)2010 (276)
    AprilMayJune
    New companies in 2014297259267
    New companies in 2013287214236
    % change3.5%21.0%13.1%
    Record Year2014 (297)2014 (259)2010 (276)

Closed Companies (dissolved)

  1. 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)WorcestershireUK
    20141,201177,207
    2013961155,192
    % change25.0%14.2%
    Record Year2009 (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)WorcestershireUK
    20141,201177,207
    2013961155,192
    % change25.0%14.2%
    Record Year2009 (1,379)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. 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)WorcestershireUK
    201467194,837
    201349377,278
    % change36.1%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)WorcestershireUK
    201467194,837
    201349377,278
    % change36.1%22.7%
    Record Year 2009 (836) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014167274230
    Closed companies in 2013170147176
    % change-1.8%86.4%31%
    Record Year2009 (176)2009 (390)2010 (287)
    AprilMayJune
    Closed companies in 2014167274230
    Closed companies in 2013170147176
    % change-1.8%86.4%31%
    Record Year2009 (176)2009 (390)2010 (287)

Net Company Growth

  1. 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)WorcestershireUK
    2014546123,524
    2013591114,240
    Record Year2003 (1,060)2007 (171,296)

    In the first half of 2014 the company register for Worcestershire increased by 546 companies.

    Half Year (Jan-Jun)WorcestershireUK
    2014546123,524
    2013591114,240
    Record Year2003 (1,060)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. 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)WorcestershireUK
    201415255,172
    201324457,352
    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)WorcestershireUK
    201415255,172
    201324457,352
    Record Year 2007 (401) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 2014130-1537
    Net growth in 20131176760
    Record Year2007 (191)2003 (173)2003 (180)
    AprilMayJune
    Net growth in 2014130-1537
    Net growth in 20131176760
    Record Year2007 (191)2003 (173)2003 (180)

UK Company Share

  1. 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
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    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
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    Record Year (since 1960) 2003 (0.8%)
    Company Share by Half Year
  2. 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
    20140.5%
    20130.5%
    20120.6%
    20110.6%
    20100.7%
    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
    20140.5%
    20130.5%
    20120.6%
    20110.6%
    20100.7%
    Record Year (since 1960) 1993 (0.8%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20140.5%0.5%0.6%
    UK formation share in 20130.6%0.5%0.6%
    % change-6.7%11.7%-2.0%
    Record Year1992 (0.9%)1991 (0.8%)1993 (1.0%)
    AprilMayJune
    UK formation share in 20140.5%0.5%0.6%
    UK formation share in 20130.6%0.5%0.6%
    % change-6.7%11.7%-2.0%
    Record Year1992 (0.9%)1991 (0.8%)1993 (1.0%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.76%CONSULTING5.16%
    CONSULTING1.49%MANAGEMENT4.64%
    PROPERTY1.21%CONSULTANCY3.50%
    CONSULTANCY1.00%PROPERTY2.66%
    CONSTRUCTION0.86%TRADING2.03%
    HOLDINGS0.81%ENGINEERING1.99%
    DESIGN0.79%CONSTRUCTION1.93%
    J0.79%LONDON1.93%
    ENGINEERING0.77%CARE1.85%
    CARE0.70%DESIGN1.75%
    MUSIC0.67%CONSULTANTS1.73%
    ASSOCIATES0.67%BUSINESS1.69%
    WORCESTER0.67%PROPERTIES1.63%
    BUILDING0.65%TRANSPORT1.58%
    S0.58%GLOBAL1.55%
    SYSTEMS0.58%INVESTMENTS1.55%
    BUSINESS0.56%J1.51%
    TRADING0.56%ASSOCIATES1.48%
    ELECTRICAL0.53%MEDIA1.44%
    HOUSE0.51%ELECTRICAL1.40%
    MEDIA0.51%IT1.33%
    WAVE0.51%DEVELOPMENTS1.33%
    M0.49%BUILDING1.26%
    TRAINING0.49%M1.24%
    DEVELOPMENTS0.46%CO.,1.20%
    wordpercentageuk worduk percentage
    MANAGEMENT1.76%CONSULTING5.16%
    CONSULTING1.46%MANAGEMENT4.64%
    PROPERTY1.18%CONSULTANCY3.49%
    CONSULTANCY0.97%PROPERTY2.66%
    CONSTRUCTION0.86%TRADING2.03%
    HOLDINGS0.86%ENGINEERING1.99%
    DESIGN0.79%LONDON1.93%
    J0.79%CONSTRUCTION1.93%
    ENGINEERING0.77%CARE1.85%
    CARE0.70%DESIGN1.75%
    WORCESTER0.67%CONSULTANTS1.73%
    ASSOCIATES0.67%BUSINESS1.69%
    MUSIC0.67%PROPERTIES1.63%
    BUILDING0.65%TRANSPORT1.58%
    S0.58%GLOBAL1.55%
    SYSTEMS0.56%INVESTMENTS1.55%
    BUSINESS0.56%J1.50%
    TRADING0.56%ASSOCIATES1.48%
    ELECTRICAL0.53%MEDIA1.44%
    WAVE0.51%ELECTRICAL1.40%
    HOUSE0.51%IT1.33%
    MEDIA0.51%DEVELOPMENTS1.33%
    TRAINING0.49%BUILDING1.26%
    DEVELOPMENTS0.46%M1.23%
    M0.46%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,102261,557
    82990 - Other business support service activities not elsewhere classified47657,421
    99999 - Dormant Company35848,436
    70229 - Management consultancy activities other than financial management25040,250
    62020 - Information technology consultancy activities15029,029
    74909 - Other professional, scientific and technical activities not elsewhere classified14519,058
    96090 - Other service activities not elsewhere classified10328,352
    86900 - Other human health activities8011,292
    41100 - Development of building projects8010,527
    56302 - Public houses and bars766,099
    47910 - Retail sale via mail order houses or via Internet709,900
    74990 - Non-trading company6714,351
    49410 - Freight transport by road629,265
    43999 - Other specialised construction activities not elsewhere classified618,533
    69201 - Accounting and auditing activities577,415
    62090 - Other information technology service activities5513,024
    43210 - Electrical installation526,050
    96020 - Hairdressing and other beauty treatment516,631
    62012 - Business and domestic software development489,834
    68209 - Other letting and operating of own or leased real estate4810,133
    sic codenumber of companiesuk companies
    None Supplied1,090259,495
    82990 - Other business support service activities not elsewhere classified47657,459
    99999 - Dormant Company35948,126
    70229 - Management consultancy activities other than financial management25140,375
    62020 - Information technology consultancy activities15229,145
    74909 - Other professional, scientific and technical activities not elsewhere classified14419,026
    96090 - Other service activities not elsewhere classified10328,340
    41100 - Development of building projects8210,664
    86900 - Other human health activities8111,353
    56302 - Public houses and bars756,119
    47910 - Retail sale via mail order houses or via Internet709,940
    74990 - Non-trading company6814,184
    49410 - Freight transport by road629,318
    43999 - Other specialised construction activities not elsewhere classified618,555
    69201 - Accounting and auditing activities587,438
    62090 - Other information technology service activities5613,042
    43210 - Electrical installation526,091
    96020 - Hairdressing and other beauty treatment516,665
    68209 - Other letting and operating of own or leased real estate4910,262
    47990 - Other retail sale not in stores, stalls or markets476,296

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09022593 SEXTANT MANAGEMENT (U.K.) LIMITED 02 May 2014
    09024881 OZPACK LTD 06 May 2014
    09026630 DENNIS HANLEY CATERING SERVICES LIMITED 07 May 2014
    09041777 LOGIC AUTOMOTIVE LIMITED 15 May 2014
    09058983 TRANSFORM FLOORING LIMITED 28 May 2014
    09062877 J R C CARPENTRY CONTRACTORS LTD 30 May 2014
    09031205 PRAWN SALAD LIMITED 08 May 2014
    09057686 LM FIT LIMITED 27 May 2014
    09023390 TAYROC LIMITED 02 May 2014
    09032067 MISHTER LIMITED 09 May 2014
    09020070 SMS DRIVING (UK) LTD 01 May 2014
    09022597 CHELTENHAM PROPERTY SERVICES LIMITED 02 May 2014
    09030351 BLUE SURFER LIMITED 08 May 2014
    09037697 REDDITCH DESIGN LIMITED 13 May 2014
    09052486 ARROW LINK LIMITED 22 May 2014
    09059408 B WARM E/S LTD 28 May 2014
    09022408 CHURCHMAN PROPERTIES LIMITED 02 May 2014
    09022725 FENNYS LIMITED 02 May 2014
    09045740 LOVE PLANT & GROUNDWORKS LIMITED 19 May 2014
    09048533 MNOP MIDLANDS LIMITED 20 May 2014
    09039032 SMILE RECRUITMENT LTD 14 May 2014
    09040920 CORTES GOLD LIMITED 15 May 2014
    09041338 SAHACO LIMITED 15 May 2014
    09057703 WIRED2WORK LTD 27 May 2014
    09059688 SHELTER-ADAMS LIMITED 28 May 2014