Cannock, Staffordshire

2014 Annual Business Confidence Report

Headlines

  • October 2014 saw a new record in company registrations in Cannock when compared to any previous October.
  • 2014 was a record year for company closures in Cannock when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Cannock when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Cannock when compared to any half year in history.

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 508 companies were formed in Cannock in 2014. This total is 23.9% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearCannockUK
    2014508582,051
    2013410529,363
    2012518491,893
    2011567452,870
    2010394400,358
    Record Year2011 (567)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 244 companies were formed in Cannock. This figure is 23.2% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Cannock occurred in 2011 when a total of 366 were formed.

    Half Year (Jul-Dec)CannockUK
    2014244281,320
    2013198259,931
    % change23.2%8.2%
    Record Year2011 (366)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 120 companies were registered in Cannock during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 23.7% versus the same period last year (Q4 2013). This figure compares well 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)CannockUK
    2014120137,906
    201397127,247
    % change23.7%8.4%
    Record Year 2011 (260) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Cannock when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014544620
    New companies in 2013443716
    % change22.7%24.3%25.0%
    Record Year2014 (54)2011 (47)2011 (175)

Closed Companies (dissolved)

  1. Annual Data (2014)

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

    A total of 451 companies were dissolved in Cannock in 2014. This total is 39.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearCannockUK
    2014451367,937
    2013323332,213
    2012304293,729
    2011249314,524
    2010317342,233
    Record Year2014 (451)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 Cannock when compared to any previous second half year.

    The second half of 2014 was a record second half year for company closures in Cannock when compared to any half year in history.

    In the second half of 2014 a total of 257 companies were dissolved in Cannock. This figure is 33.2% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Cannock occurred in 2014 when a total of 257 were closed.

    Half Year (Jul-Dec)CannockUK
    2014257190,730
    2013193177,021
    % change33.2%7.7%
    Record Year2014 (257)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 90 companies were dissolved in Cannock during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 15.9% versus the same period last year (Q4 2013). This figure compares well 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)CannockUK
    20149089,060
    201310790,851
    % change-15.9%-2.0%
    Record Year 2013 (107) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014273132
    Closed companies in 2013413036
    % change-34.1%3.3%-11%
    Record Year2013 (41)2007 (43)2013 (36)

Net Company Growth

  1. Annual Data (2014)

    A total of 57 companies were added to the company register for Cannock in 2014. This number represents growth of 11.2% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 30 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Cannock company register grew by 318 companies.

    YearCannockUK
    201457214,114
    201387197,150
    2012214198,164
    2011318138,346
    20107758,125
    Record Year2011 (318)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Cannock decreased by 13 companies.

    Half Year (Jul-Dec)CannockUK
    2014-1390,590
    2013582,910
    Record Year2011 (247)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Cannock during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 30 companies.

    fourth quarter (Oct 2014 - Dec 2014)CannockUK
    20143048,846
    2013-1036,396
    Record Year 2011 (199) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142715-12
    Net growth in 201337-20
    Record Year2003 (32)2003 (30)2011 (155)

UK Company Share

  1. Annual Data (2014)

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

    YearCannock
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Cannock
    20140.1%
    20130.1%
    20120.1%
    20110.2%
    20100.1%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Cannock
    20140.1%
    20130.1%
    20120.1%
    20110.2%
    20100.1%
    Record Year (since 1960) 2011 (0.2%)
    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%0.0%
    % change16.7%18.1%6.9%
    Record Year2002 (0.1%)2003 (0.1%)2011 (0.6%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.6.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.0% 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 42.6.

    The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% 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 41.7.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.5% 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 Cannock was 1974 when 100.0% of all directors were female.

    The percentage of female directors in Cannock in 2014 was 24.6%. 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 Cannock was 2006 when 39.5% of all directors were female.

    26.0% of all director appointments in Cannock 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 Cannock was in 2006 when 41.0% of all directors were female.

    26.1% of all director appointments in Cannock 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
    HPT1.73%CONSULTING5.22%
    ELECTRICAL1.73%MANAGEMENT4.58%
    (MIDLANDS)1.50%CONSULTANCY3.57%
    PROPERTY1.50%PROPERTY2.66%
    MANAGEMENT1.27%CONSTRUCTION2.12%
    CONSULTANCY1.27%ENGINEERING2.10%
    TRANSPORT1.15%CARE2.02%
    S1.04%TRADING1.94%
    J1.04%LONDON1.93%
    P0.92%TRANSPORT1.93%
    M0.92%DESIGN1.66%
    MARKETING0.81%CONSULTANTS1.64%
    C0.81%ELECTRICAL1.62%
    CHASE0.81%PROPERTIES1.62%
    ACCOUNTANCY0.81%BUSINESS1.56%
    ENGINEERING0.81%J1.54%
    CANNOCK0.69%CO.,1.50%
    HEATING0.69%GLOBAL1.49%
    CARE0.69%INVESTMENTS1.48%
    40.69%ASSOCIATES1.47%
    GLOBAL0.69%DEVELOPMENTS1.35%
    CONSTRUCTION0.69%MEDIA1.33%
    BUILDING0.69%IT1.31%
    DEVELOPMENTS0.69%BUILDING1.29%
    R0.69%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    42990 - Construction of other civil engineering projects not elsewhere classified2312,701
    None Supplied207265,608
    99999 - Dormant Company4848,509
    96090 - Other service activities not elsewhere classified4529,009
    82990 - Other business support service activities not elsewhere classified4058,068
    49410 - Freight transport by road2510,842
    70229 - Management consultancy activities other than financial management2142,290
    43220 - Plumbing, heat and air-conditioning installation175,189
    74990 - Non-trading company1513,984
    47910 - Retail sale via mail order houses or via Internet1310,107
    43210 - Electrical installation125,985
    41100 - Development of building projects1211,397
    62020 - Information technology consultancy activities1230,178
    74909 - Other professional, scientific and technical activities not elsewhere classified1119,049
    96020 - Hairdressing and other beauty treatment106,742
    43999 - Other specialised construction activities not elsewhere classified98,761
    32990 - Other manufacturing not elsewhere classified83,533
    86900 - Other human health activities812,976
    43390 - Other building completion and finishing85,931
    69201 - Accounting and auditing activities77,528

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09333412 ELITE FINANCIAL ACADEMY LIMITED 01 Dec 2014
    09338753 COMPLETE SOLUTIONS DHT LTD 03 Dec 2014
    OC396883 LVR EQUINE LLP 03 Dec 2014
    09341743 MARK MALEY LIMITED 04 Dec 2014
    09342768 SECURE DATA SOLUTIONS (UK) LIMITED 05 Dec 2014
    09345774 KEY PARKING SOLUTIONS LIMITED 08 Dec 2014
    09351245 A.D. DECOR LIMITED 11 Dec 2014
    09351480 L.H BUILD LTD 11 Dec 2014
    09352386 NELLY FASHION APPAREL LTD 12 Dec 2014
    09353256 GURSHA LTD 12 Dec 2014
    09358515 PRO-MEC UK SERVICE & MAINTENANCE LTD 17 Dec 2014
    09366187 SLB RIGGING SERVICES LIMITED 23 Dec 2014
    09368963 CHURCH FARM PROPERTY LIMITED 29 Dec 2014
    09333704 SIMPLY SARAH LIMITED 01 Dec 2014
    09336200 BLACK KEY SOLUTIONS LIMITED 02 Dec 2014
    09336259 ACCURATE ACCOUNTANCY & TAXATION SERVICES LIMITED 02 Dec 2014
    09338203 OPERATIONAL QUALITY MANAGEMENT LIMITED 03 Dec 2014
    09347558 INSTALEK LIMITED 09 Dec 2014
    09352865 THE EDEN TEAM LTD 12 Dec 2014
    09356757 CHARLES & BELLE FURNITURE LIMITED 16 Dec 2014