Bromsgrove, Worcestershire

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company registrations in Bromsgrove when compared to any previous second half year.
  • 2014 was a record year for company closures in Bromsgrove when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Bromsgrove when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Bromsgrove 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 334 companies were formed in Bromsgrove in 2014. This total is 1.8% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBromsgroveUK
    2014334582,051
    2013328529,363
    2012308491,893
    2011304452,870
    2010290400,358
    Record Year2014 (334)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Bromsgrove when compared to any previous second half year.

    In the second half of 2014 a total of 162 companies were formed in Bromsgrove. This figure is 3.2% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Bromsgrove occurred in 2002 when a total of 162 were formed.

    Half Year (Jul-Dec)BromsgroveUK
    2014162281,320
    2013157259,931
    % change3.2%8.2%
    Record Year2002 (162)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 73 companies were registered in Bromsgrove during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 5.2% versus the same period last year (Q4 2013). This figure compares badly 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)BromsgroveUK
    201473137,906
    201377127,247
    % change-5.2%8.4%
    Record Year 2006 (83) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014342712
    New companies in 2013272822
    % change25.9%-3.6%-45.5%
    Record Year2003 (35)2006 (35)2003 (31)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Bromsgrove when compared to any year in history.

    A total of 281 companies were dissolved in Bromsgrove in 2014. This total is 27.1% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearBromsgroveUK
    2014281367,937
    2013221332,213
    2012185293,729
    2011197314,524
    2010276342,233
    Record Year2014 (281)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Bromsgrove when compared to any previous second half year.

    In the second half of 2014 a total of 156 companies were dissolved in Bromsgrove. This figure is 16.4% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Bromsgrove occurred in 2014 when a total of 156 were closed.

    Half Year (Jul-Dec)BromsgroveUK
    2014156190,730
    2013134177,021
    % change16.4%7.7%
    Record Year2014 (156)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 64 companies were dissolved in Bromsgrove during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 1.6% 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)BromsgroveUK
    20146489,060
    20136390,851
    % change1.6%-2.0%
    Record Year 2014 (64) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Bromsgrove when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014171928
    Closed companies in 2013212121
    % change-19.0%-9.5%33%
    Record Year2013 (21)2010 (25)2014 (28)

Net Company Growth

  1. Annual Data (2014)

    A total of 53 companies were added to the company register for Bromsgrove in 2014. This number represents growth of 15.9% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 54 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Bromsgrove company register grew by 168 companies.

    YearBromsgroveUK
    201453214,114
    2013107197,150
    2012123198,164
    2011107138,346
    20101458,125
    Record Year2007 (168)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Bromsgrove increased by 6 companies.

    Half Year (Jul-Dec)BromsgroveUK
    2014690,590
    20132382,910
    Record Year2003 (117)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Bromsgrove during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 9 companies.

    fourth quarter (Oct 2014 - Dec 2014)BromsgroveUK
    2014948,846
    20131436,396
    Record Year 2008 (56) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014178-16
    Net growth in 2013671
    Record Year2003 (30)2003 (23)2003 (22)

UK Company Share

  1. Annual Data (2014)

    In 2014 Bromsgrove formed 0.1% of all UK companies. This is no change on 2013 when Bromsgrove was responsible for 0.1% of all UK companies.

    YearBromsgrove
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1991 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Bromsgrove formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Bromsgrove
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Bromsgrove formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Bromsgrove
    20140.1%
    20130.1%
    20120.0%
    20110.1%
    20100.1%
    Record Year (since 1960) 1993 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.0%
    UK formation share in 20130.1%0.1%0.1%
    % change19.8%-8.5%-53.3%
    Record Year1991 (0.1%)2006 (0.1%)1993 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.0.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.1% 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 45.1.

    The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.7% 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 43.5.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 7.9% 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 Bromsgrove was 1985 when 50.0% of all directors were female.

    The percentage of female directors in Bromsgrove in 2014 was 25.6%. 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 Bromsgrove was 2006 when 33.6% of all directors were female.

    25.5% of all director appointments in Bromsgrove 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 Bromsgrove was in 2005 when 34.2% of all directors were female.

    25.3% of all director appointments in Bromsgrove 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
    J1.11%CONSULTING5.22%
    PROPERTY0.95%MANAGEMENT4.58%
    BROMSGROVE0.95%CONSULTANCY3.57%
    CONTRACTORS0.79%PROPERTY2.66%
    CONSTRUCTION0.79%CONSTRUCTION2.12%
    CARE0.79%ENGINEERING2.10%
    MANAGEMENT0.79%CARE2.02%
    CONSULTANCY0.79%TRADING1.94%
    DEVELOPMENTS0.64%LONDON1.93%
    R0.64%TRANSPORT1.93%
    N0.64%DESIGN1.66%
    TRANSPORT0.64%CONSULTANTS1.64%
    TUTORS0.64%ELECTRICAL1.62%
    GENIE0.64%PROPERTIES1.62%
    S0.64%BUSINESS1.56%
    CONSULTING0.48%J1.54%
    AUTOMOTIVE0.48%CO.,1.50%
    M0.48%GLOBAL1.49%
    BUILDING0.48%INVESTMENTS1.48%
    MARKETING0.48%ASSOCIATES1.47%
    SYSTEMS0.48%DEVELOPMENTS1.35%
    DESIGN0.48%MEDIA1.33%
    CONTRACTING0.48%IT1.31%
    EVOWRAP0.48%BUILDING1.29%
    POWER0.48%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied124265,608
    82990 - Other business support service activities not elsewhere classified4958,068
    99999 - Dormant Company3848,509
    62020 - Information technology consultancy activities2130,178
    70229 - Management consultancy activities other than financial management2042,290
    74909 - Other professional, scientific and technical activities not elsewhere classified1419,049
    96090 - Other service activities not elsewhere classified1329,009
    41100 - Development of building projects1111,397
    43290 - Other construction installation103,286
    47910 - Retail sale via mail order houses or via Internet910,107
    62090 - Other information technology service activities912,837
    74990 - Non-trading company813,984
    43999 - Other specialised construction activities not elsewhere classified88,761
    64999 - Financial intermediation not elsewhere classified76,083
    86900 - Other human health activities712,976
    47990 - Other retail sale not in stores, stalls or markets76,452
    43210 - Electrical installation75,985
    68100 - Buying and selling of own real estate77,106
    43390 - Other building completion and finishing65,931
    68209 - Other letting and operating of own or leased real estate611,212

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09339876 BEAU SITE SERVICES LIMITED 03 Dec 2014
    09347304 S & N COMMERCIAL LIMITED 09 Dec 2014
    09357177 MUNDITRADE LTD 16 Dec 2014
    09361545 CHATSWORTH MONTAGUE LTD 18 Dec 2014
    09335413 BROMSGROVE DOORS & WINDOWS LTD 01 Dec 2014
    09335465 J B CONTRACTING LTD 01 Dec 2014
    09335823 TOBYUS LTD 02 Dec 2014
    09339628 DKD HOME IMPROVEMENTS LIMITED 03 Dec 2014
    09343006 LEXACOM LIMITED 05 Dec 2014
    09346853 MOFTY LIMITED 09 Dec 2014
    09357541 INSPIRE COMMUNITIES (MIDLANDS) COMMUNITY INTEREST COMPANY 16 Dec 2014
    09369429 REMO BUILDING SERVICES LTD 30 Dec 2014

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