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
New Company Registrations
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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.
Year Bromsgrove UK 2014 334 582,051 2013 328 529,363 2012 308 491,893 2011 304 452,870 2010 290 400,358 Record Year 2014 (334) 2014 (582,051) New Companies by Year
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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) Bromsgrove UK 2014 162 281,320 2013 157 259,931 % change 3.2% 8.2% Record Year 2002 (162) 2014 (281,320) New Companies by Half Year
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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) Bromsgrove UK 2014 73 137,906 2013 77 127,247 % change -5.2% 8.4% Record Year 2006 (83) 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 34 27 12 New companies in 2013 27 28 22 % change 25.9% -3.6% -45.5% Record Year 2003 (35) 2006 (35) 2003 (31)
Closed Companies (dissolved)
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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.
Year Bromsgrove UK 2014 281 367,937 2013 221 332,213 2012 185 293,729 2011 197 314,524 2010 276 342,233 Record Year 2014 (281) 2009 (533,789) Dissolved Companies by Year
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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) Bromsgrove UK 2014 156 190,730 2013 134 177,021 % change 16.4% 7.7% Record Year 2014 (156) 2009 (244,544) Dissolved Companies by Half Year
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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) Bromsgrove UK 2014 64 89,060 2013 63 90,851 % change 1.6% -2.0% Record Year 2014 (64) 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 Bromsgrove when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 17 19 28 Closed companies in 2013 21 21 21 % change -19.0% -9.5% 33% Record Year 2013 (21) 2010 (25) 2014 (28)
Net Company Growth
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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.
Year Bromsgrove UK 2014 53 214,114 2013 107 197,150 2012 123 198,164 2011 107 138,346 2010 14 58,125 Record Year 2007 (168) 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 Bromsgrove increased by 6 companies.
Half Year (Jul-Dec) Bromsgrove UK 2014 6 90,590 2013 23 82,910 Record Year 2003 (117) 2003 (117,772) Net Growth by Half Year
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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) Bromsgrove UK 2014 9 48,846 2013 14 36,396 Record Year 2008 (56) 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 17 8 -16 Net growth in 2013 6 7 1 Record Year 2003 (30) 2003 (23) 2003 (22)
UK Company Share
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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.
Year Bromsgrove 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.1% 2010 0.1% Record Year (since 1960) 1993 (0.1%) 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 0.1% 0.1% 0.0% UK formation share in 2013 0.1% 0.1% 0.1% % change 19.8% -8.5% -53.3% Record Year 1991 (0.1%) 2006 (0.1%) 1993 (0.1%)
Director Age
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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
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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
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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
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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
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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
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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
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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 J 1.11% CONSULTING 5.22% PROPERTY 0.95% MANAGEMENT 4.58% BROMSGROVE 0.95% CONSULTANCY 3.57% CONTRACTORS 0.79% PROPERTY 2.66% CONSTRUCTION 0.79% CONSTRUCTION 2.12% CARE 0.79% ENGINEERING 2.10% MANAGEMENT 0.79% CARE 2.02% CONSULTANCY 0.79% TRADING 1.94% DEVELOPMENTS 0.64% LONDON 1.93% R 0.64% TRANSPORT 1.93% N 0.64% DESIGN 1.66% TRANSPORT 0.64% CONSULTANTS 1.64% TUTORS 0.64% ELECTRICAL 1.62% GENIE 0.64% PROPERTIES 1.62% S 0.64% BUSINESS 1.56% CONSULTING 0.48% J 1.54% AUTOMOTIVE 0.48% CO., 1.50% M 0.48% GLOBAL 1.49% BUILDING 0.48% INVESTMENTS 1.48% MARKETING 0.48% ASSOCIATES 1.47% SYSTEMS 0.48% DEVELOPMENTS 1.35% DESIGN 0.48% MEDIA 1.33% CONTRACTING 0.48% IT 1.31% EVOWRAP 0.48% BUILDING 1.29% POWER 0.48% 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 124 265,608 82990 - Other business support service activities not elsewhere classified 49 58,068 99999 - Dormant Company 38 48,509 62020 - Information technology consultancy activities 21 30,178 70229 - Management consultancy activities other than financial management 20 42,290 74909 - Other professional, scientific and technical activities not elsewhere classified 14 19,049 96090 - Other service activities not elsewhere classified 13 29,009 41100 - Development of building projects 11 11,397 43290 - Other construction installation 10 3,286 47910 - Retail sale via mail order houses or via Internet 9 10,107 62090 - Other information technology service activities 9 12,837 74990 - Non-trading company 8 13,984 43999 - Other specialised construction activities not elsewhere classified 8 8,761 64999 - Financial intermediation not elsewhere classified 7 6,083 86900 - Other human health activities 7 12,976 47990 - Other retail sale not in stores, stalls or markets 7 6,452 43210 - Electrical installation 7 5,985 68100 - Buying and selling of own real estate 7 7,106 43390 - Other building completion and finishing 6 5,931 68209 - Other letting and operating of own or leased real estate 6 11,212
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09291662 PETE ALBUTT ELECTRICAL CONSULTANCY LTD 03 Nov 2014 09294376 MG TV CONSTRUCTION LIMITED 04 Nov 2014 09298648 MTF SOLUTIONS LIMITED 06 Nov 2014 09302557 ALWAYS FOR THE CHILDREN LTD 10 Nov 2014 09309200 DAWN'S PANTRY LIMITED 13 Nov 2014 09311747 DONE & DUSTED CLEANING SERVICE LTD 14 Nov 2014 09314459 SWANKYPOSH LIMITED 17 Nov 2014 09315598 OMEGA HEATING AND COOLING LTD 18 Nov 2014 09316694 ACM CERTIFICATION LIMITED 18 Nov 2014 09319696 FX INVESTMENTS LIMITED 20 Nov 2014 09320684 MONTGOMERY BAXTER ASSOCIATES LIMITED 20 Nov 2014 09321886 T AND M SYSTEMS LTD 21 Nov 2014 09327654 GUARD SECURITY SERVICES LIMITED 26 Nov 2014 09329792 19 DEGREES LTD 27 Nov 2014 09295526 THE.STUDIO LIMITED 04 Nov 2014 09297437 TRANSAPPLICATION INNOVATIONS LIMITED 05 Nov 2014 09300438 PEARLY WHYTES LIMITED 07 Nov 2014 09311785 TORCH LEISURE LTD 14 Nov 2014 09313182 POOCHBOX LTD 17 Nov 2014 09324665 CLS TRANSPORT LIMITED 24 Nov 2014 09325764 FIRST CLASS BRICKWORK LIMITED 25 Nov 2014 09328494 MIU MIU LIMITED 26 Nov 2014 09331425 BENKES LTD 27 Nov 2014 09332688 G MCGRATH LIMITED 28 Nov 2014 09333277 MI PROPERTY NETWORK LIMITED 28 Nov 2014
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