Birmingham, West Midlands
2014 Annual Business Confidence Report
Headlines
- December 2014 saw a new record in company closures in Birmingham when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
A total of 13,260 companies were formed in Birmingham in 2014. This total is 17.4% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Birmingham UK 2014 13,260 582,051 2013 11,298 529,363 2012 10,576 491,893 2011 9,499 452,870 2010 8,504 400,358 Record Year 2006 (17,211) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 6,625 companies were formed in Birmingham. This figure is 14.3% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Birmingham occurred in 2006 when a total of 8,227 were formed.
Half Year (Jul-Dec) Birmingham UK 2014 6,625 281,320 2013 5,798 259,931 % change 14.3% 8.2% Record Year 2006 (8,227) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 3,301 companies were registered in Birmingham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 14.6% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Birmingham UK 2014 3,301 137,906 2013 2,880 127,247 % change 14.6% 8.4% Record Year 2006 (4,101) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 1,151 1,098 1,052 New companies in 2013 1,132 964 784 % change 1.7% 13.9% 34.2% Record Year 2006 (1,384) 2006 (1,561) 2005 (1,197)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 8,920 companies were dissolved in Birmingham in 2014. This total is 0.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Birmingham UK 2014 8,920 367,937 2013 8,893 332,213 2012 8,360 293,729 2011 10,283 314,524 2010 13,986 342,233 Record Year 2009 (18,789) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 4,649 companies were dissolved in Birmingham. This figure is 8.5% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Birmingham occurred in 2009 when a total of 7,473 were closed.
Half Year (Jul-Dec) Birmingham UK 2014 4,649 190,730 2013 4,283 177,021 % change 8.5% 7.7% Record Year 2009 (7,473) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 2,275 companies were dissolved in Birmingham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 3.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Birmingham UK 2014 2,275 89,060 2013 2,192 90,851 % change 3.8% -2.0% Record Year 2009 (3,217) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Birmingham when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 616 726 933 Closed companies in 2013 839 691 662 % change -26.6% 5.1% 41% Record Year 2009 (1,424) 2010 (1,538) 2014 (933)
Net Company Growth
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Annual Data (2014)
A total of 4,340 companies were added to the company register for Birmingham in 2014. This number represents growth of 32.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 1,935 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Birmingham company register grew by 13,004 companies.
Year Birmingham UK 2014 4,340 214,114 2013 2,405 197,150 2012 2,216 198,164 2011 -784 138,346 2010 -5,482 58,125 Record Year 2006 (13,004) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Birmingham increased by 1,976 companies.
Half Year (Jul-Dec) Birmingham UK 2014 1,976 90,590 2013 1,515 82,910 Record Year 2006 (5,749) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Birmingham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 1,026 companies.
fourth quarter (Oct 2014 - Dec 2014) Birmingham UK 2014 1,026 48,846 2013 688 36,396 Record Year 2006 (2,773) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 535 372 119 Net growth in 2013 293 273 122 Record Year 2006 (871) 2006 (1,036) 2005 (884)
UK Company Share
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Annual Data (2014)
In 2014 Birmingham formed 2.3% of all UK companies. This is an improvement on 2013 when Birmingham was responsible for 2.1% of all UK companies.
Year Birmingham 2014 2.3% 2013 2.1% 2012 2.2% 2011 2.1% 2010 2.1% Record Year (since 1960) 2006 (4.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Birmingham formed 2.4% of all UK companies. This is more than the 2013 figure of 2.2%.
Half Year (Jul-Dec) Birmingham 2014 2.4% 2013 2.2% 2012 2.2% 2011 2.1% 2010 2.1% Record Year (since 1960) 2006 (4.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Birmingham formed 2.4% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Birmingham 2014 2.4% 2013 2.3% 2012 2.1% 2011 2.1% 2010 2.1% Record Year (since 1960) 2006 (4.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 2.2% 2.4% 2.6% UK formation share in 2013 2.3% 2.2% 2.3% % change -3.3% 8.1% 14.8% Record Year 2006 (3.9%) 2006 (4.6%) 2005 (4.9%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 41.5.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 40.9.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 41.0.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Birmingham was 1968 when 100.0% of all directors were female.
The percentage of female directors in Birmingham in 2014 was 22.1%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Birmingham was 2012 when 22.7% of all directors were female.
21.4% of all director appointments in Birmingham in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Birmingham was in 2013 when 23.6% of all directors were female.
21.1% of all director appointments in Birmingham in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CO., 5.22% CONSULTING 5.22% MANAGEMENT 1.73% MANAGEMENT 4.58% TRADING 1.57% CONSULTANCY 3.57% CARE 1.31% PROPERTY 2.66% INTERNATIONAL 1.21% CONSTRUCTION 2.12% CONSULTANCY 1.18% ENGINEERING 2.10% GROUP 1.06% CARE 2.02% PROPERTY 1.06% TRADING 1.94% BIRMINGHAM 1.02% LONDON 1.93% M 1.00% TRANSPORT 1.93% CONSULTING 0.98% DESIGN 1.66% TRANSPORT 0.90% CONSULTANTS 1.64% S 0.88% ELECTRICAL 1.62% J 0.85% PROPERTIES 1.62% MEDICAL 0.75% BUSINESS 1.56% K 0.72% J 1.54% TRADE 0.70% CO., 1.50% BUSINESS 0.69% GLOBAL 1.49% R 0.69% INVESTMENTS 1.48% TECHNOLOGY 0.68% ASSOCIATES 1.47% D 0.68% DEVELOPMENTS 1.35% GLOBAL 0.68% MEDIA 1.33% ENGINEERING 0.67% IT 1.31% CONSTRUCTION 0.65% BUILDING 1.29% SERVICE 0.64% M 1.22%
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 7,295 265,608 82990 - Other business support service activities not elsewhere classified 1,764 58,068 99999 - Dormant Company 1,135 48,509 56103 - Take-away food shops and mobile food stands 832 8,318 96090 - Other service activities not elsewhere classified 485 29,009 70229 - Management consultancy activities other than financial management 471 42,290 56101 - Licensed restaurants 385 8,782 62020 - Information technology consultancy activities 372 30,178 86900 - Other human health activities 340 12,976 47910 - Retail sale via mail order houses or via Internet 225 10,107 74909 - Other professional, scientific and technical activities not elsewhere classified 217 19,049 49410 - Freight transport by road 203 10,842 74990 - Non-trading company 192 13,984 68209 - Other letting and operating of own or leased real estate 188 11,212 62090 - Other information technology service activities 183 12,837 86210 - General medical practice activities 158 4,591 56102 - Unlicensed restaurants and cafes 157 4,745 85590 - Other education not elsewhere classified 156 6,206 88990 - Other social work activities without accommodation not elsewhere classified 153 4,756 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 138 4,167
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09247661 GATEWAY WASTE RECYCLING LIMITED 03 Oct 2014 09251872 LH ELECTRICAL SERVICES (MIDLANDS) LTD 07 Oct 2014 09252776 I HEART JEWELLERY LIMITED 07 Oct 2014 09253986 EXCEL KITCHENS & BEDROOMS LIMITED 08 Oct 2014 09256200 LEGACY LEGAL SOLICITORS LIMITED 09 Oct 2014 09269772 UV MARKETING CONSULTANCY LTD 17 Oct 2014 09270805 KINGTV LIMITED 20 Oct 2014 09271611 BLACK SEA STATION LTD 20 Oct 2014 09275063 A-1 TAXIS LIMITED 22 Oct 2014 09281003 ROHAN KUMAR FOOD LIMITED 27 Oct 2014 09244349 D ROAD LIMITED 01 Oct 2014 09244425 E ROAD (UK) LIMITED 01 Oct 2014 09244521 H ROAD LIMITED 01 Oct 2014 09244545 K ROAD LIMITED 01 Oct 2014 09247694 RL (GB) LIMITED 03 Oct 2014 09250903 G 435 LIMITED 06 Oct 2014 09251032 K 435 LIMITED 06 Oct 2014 09254476 SX (UK) LIMITED 08 Oct 2014 09255028 M 435 LIMITED 08 Oct 2014 09256202 LIQUN LIMITED 09 Oct 2014 09258213 HANDMADE BOUTIQUE MIDLANDS LIMITED 10 Oct 2014 09265536 M ROAD LIMITED 15 Oct 2014 09266089 S ROAD LIMITED 15 Oct 2014 09276267 W 435 LIMITED 22 Oct 2014 09276327 U 435 LIMITED 23 Oct 2014
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