Cannock, Staffordshire
Q3 2014 Business Confidence Report
Headlines
- September 2014 saw a new record in company registrations in Cannock when compared to any previous September.
- July 2014 saw a new record in company closures in Cannock when compared to any previous July.
- July 2014 was a record month for company closures in Cannock when compared to any month in history.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 124 companies were registered in Cannock during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 22.8% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cannock UK 2014 124 143,414 2013 101 132,684 % change 22.8% 8.1% Record Year 2014 (124) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Cannock when compared to any previous September.
New Companies by Month
July August September New companies in 2014 32 32 60 New companies in 2013 41 22 38 % change -22.0% 45.5% 57.9% Record Year 2002 (67) 2006 (57) 2014 (60)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 167 companies were dissolved in Cannock during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 94.2% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cannock UK 2014 167 101,670 2013 86 86,170 % change 94.2% 18.0% Record Year 2014 (167) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Cannock when compared to any previous July.
July 2014 was a record month for company closures in Cannock when compared to any month in history.
Dissolved Companies by Month
July August September Closed companies in 2014 91 48 28 Closed companies in 2013 23 12 51 % change 295.7% 300.0% -45% Record Year 2014 (91) 2008 (48) 2013 (51)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Cannock during the third quarter of 2014 (Jul 2014 - Sep 2014) was -43 companies.
third quarter (Jul 2014 - Sep 2014) Cannock UK 2014 -43 41,744 2013 15 46,514 Record Year 2006 (72) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 -59 -16 32 Net growth in 2013 18 10 -13 Record Year 2002 (52) 2006 (46) 2002 (41)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Cannock formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Cannock 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -29.1% 38.6% 44.9% Record Year 2002 (0.2%) 2006 (0.2%) 2002 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 43.5.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Cannock was in 2006 when 38.6% of all directors were female.
26.0% of all director appointments in Cannock in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage HPT 2.13% CONSULTING 5.17% GPF 1.65% MANAGEMENT 4.63% SURGERY 1.65% CONSULTANCY 3.55% (MIDLANDS) 1.42% PROPERTY 2.62% CONSULTANCY 1.18% ENGINEERING 2.07% ELECTRICAL 1.18% CONSTRUCTION 2.05% MANAGEMENT 1.06% TRADING 2.00% M 0.95% LONDON 1.95% P 0.95% CARE 1.94% PROPERTY 0.83% TRANSPORT 1.76% DR 0.83% DESIGN 1.70% 4 0.83% CONSULTANTS 1.70% ENGINEERING 0.83% PROPERTIES 1.63% HEATING 0.71% BUSINESS 1.62% MARKETING 0.71% J 1.53% GROWTH 0.71% ELECTRICAL 1.53% CANNOCK 0.71% GLOBAL 1.51% TRANSPORT 0.71% INVESTMENTS 1.50% J 0.71% ASSOCIATES 1.48% R 0.71% MEDIA 1.38% CONSTRUCTION 0.71% CO., 1.36% C 0.59% DEVELOPMENTS 1.35% CARE 0.59% BUILDING 1.30% GLOBAL 0.59% IT 1.30% CONSULTING 0.59% M 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies 42990 - Construction of other civil engineering projects not elsewhere classified 243 2,630 None Supplied 230 278,481 99999 - Dormant Company 53 48,286 96090 - Other service activities not elsewhere classified 44 28,224 82990 - Other business support service activities not elsewhere classified 43 57,264 49410 - Freight transport by road 29 9,960 70229 - Management consultancy activities other than financial management 22 40,717 43220 - Plumbing, heat and air-conditioning installation 16 5,083 47910 - Retail sale via mail order houses or via Internet 15 9,914 62020 - Information technology consultancy activities 12 29,313 43210 - Electrical installation 12 5,922 41100 - Development of building projects 11 10,604 74909 - Other professional, scientific and technical activities not elsewhere classified 10 18,890 86900 - Other human health activities 9 11,807 32990 - Other manufacturing not elsewhere classified 9 3,465 69201 - Accounting and auditing activities 9 7,401 96020 - Hairdressing and other beauty treatment 8 6,630 43999 - Other specialised construction activities not elsewhere classified 8 8,501 43390 - Other building completion and finishing 8 5,786 93290 - Other amusement and recreation activities not elsewhere classified 7 2,542
Recent Companies
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Randomly selected companies from this quarter
reports
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