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

  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. 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.

    YearBirminghamUK
    201413,260582,051
    201311,298529,363
    201210,576491,893
    20119,499452,870
    20108,504400,358
    Record Year2006 (17,211)2014 (582,051)
    New Companies by Year
  2. 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)BirminghamUK
    20146,625281,320
    20135,798259,931
    % change14.3%8.2%
    Record Year2006 (8,227)2014 (281,320)
    New Companies by Half Year
  3. 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)BirminghamUK
    20143,301137,906
    20132,880127,247
    % change14.6%8.4%
    Record Year 2006 (4,101) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141,1511,0981,052
    New companies in 20131,132964784
    % change1.7%13.9%34.2%
    Record Year2006 (1,384)2006 (1,561)2005 (1,197)

Closed Companies (dissolved)

  1. 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.

    YearBirminghamUK
    20148,920367,937
    20138,893332,213
    20128,360293,729
    201110,283314,524
    201013,986342,233
    Record Year2009 (18,789)2009 (533,789)
    Dissolved Companies by Year
  2. 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)BirminghamUK
    20144,649190,730
    20134,283177,021
    % change8.5%7.7%
    Record Year2009 (7,473)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)BirminghamUK
    20142,27589,060
    20132,19290,851
    % change3.8%-2.0%
    Record Year 2009 (3,217) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014616726933
    Closed companies in 2013839691662
    % change-26.6%5.1%41%
    Record Year2009 (1,424)2010 (1,538)2014 (933)

Net Company Growth

  1. 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.

    YearBirminghamUK
    20144,340214,114
    20132,405197,150
    20122,216198,164
    2011-784138,346
    2010-5,48258,125
    Record Year2006 (13,004)2007 (237,353)
    Net Growth by Year
  2. 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)BirminghamUK
    20141,97690,590
    20131,51582,910
    Record Year2006 (5,749)2003 (117,772)
    Net Growth by Half Year
  3. 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)BirminghamUK
    20141,02648,846
    201368836,396
    Record Year 2006 (2,773) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014535372119
    Net growth in 2013293273122
    Record Year2006 (871)2006 (1,036)2005 (884)

UK Company Share

  1. 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.

    YearBirmingham
    20142.3%
    20132.1%
    20122.2%
    20112.1%
    20102.1%
    Record Year (since 1960)2006 (4.2%)
    Company Share by Year
  2. 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
    20142.4%
    20132.2%
    20122.2%
    20112.1%
    20102.1%
    Record Year (since 1960) 2006 (4.3%)
    Company Share by Half Year
  3. 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
    20142.4%
    20132.3%
    20122.1%
    20112.1%
    20102.1%
    Record Year (since 1960) 2006 (4.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20142.2%2.4%2.6%
    UK formation share in 20132.3%2.2%2.3%
    % change-3.3%8.1%14.8%
    Record Year2006 (3.9%)2006 (4.6%)2005 (4.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CO.,5.22%CONSULTING5.22%
    MANAGEMENT1.73%MANAGEMENT4.58%
    TRADING1.57%CONSULTANCY3.57%
    CARE1.31%PROPERTY2.66%
    INTERNATIONAL1.21%CONSTRUCTION2.12%
    CONSULTANCY1.18%ENGINEERING2.10%
    GROUP1.06%CARE2.02%
    PROPERTY1.06%TRADING1.94%
    BIRMINGHAM1.02%LONDON1.93%
    M1.00%TRANSPORT1.93%
    CONSULTING0.98%DESIGN1.66%
    TRANSPORT0.90%CONSULTANTS1.64%
    S0.88%ELECTRICAL1.62%
    J0.85%PROPERTIES1.62%
    MEDICAL0.75%BUSINESS1.56%
    K0.72%J1.54%
    TRADE0.70%CO.,1.50%
    BUSINESS0.69%GLOBAL1.49%
    R0.69%INVESTMENTS1.48%
    TECHNOLOGY0.68%ASSOCIATES1.47%
    D0.68%DEVELOPMENTS1.35%
    GLOBAL0.68%MEDIA1.33%
    ENGINEERING0.67%IT1.31%
    CONSTRUCTION0.65%BUILDING1.29%
    SERVICE0.64%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,295265,608
    82990 - Other business support service activities not elsewhere classified1,76458,068
    99999 - Dormant Company1,13548,509
    56103 - Take-away food shops and mobile food stands8328,318
    96090 - Other service activities not elsewhere classified48529,009
    70229 - Management consultancy activities other than financial management47142,290
    56101 - Licensed restaurants3858,782
    62020 - Information technology consultancy activities37230,178
    86900 - Other human health activities34012,976
    47910 - Retail sale via mail order houses or via Internet22510,107
    74909 - Other professional, scientific and technical activities not elsewhere classified21719,049
    49410 - Freight transport by road20310,842
    74990 - Non-trading company19213,984
    68209 - Other letting and operating of own or leased real estate18811,212
    62090 - Other information technology service activities18312,837
    86210 - General medical practice activities1584,591
    56102 - Unlicensed restaurants and cafes1574,745
    85590 - Other education not elsewhere classified1566,206
    88990 - Other social work activities without accommodation not elsewhere classified1534,756
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating1384,167

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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