Droitwich, Worcestershire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company closures in Droitwich when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company closures in Droitwich when compared to any half year in history.
  • May 2014 saw a new record in company closures in Droitwich when compared to any previous May.
  • May 2014 was a record month for company closures in Droitwich when compared to any month 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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 195 companies were formed in Droitwich. This figure is 3.9% lower than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Droitwich occurred in 2013 when a total of 203 were formed.

    Half Year (Jan-Jun)DroitwichUK
    2014195300,731
    2013203269,432
    % change-3.9%11.6%
    Record Year2013 (203)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 81 companies were registered in Droitwich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 15.6% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DroitwichUK
    201481150,009
    201396134,630
    % change-15.6%11.4%
    Record Year 2013 (96) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014222633
    New companies in 2013342735
    % change-35.3%-3.7%-5.7%
    Record Year2013 (34)2013 (27)2013 (35)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

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

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

    In the first half of 2014 a total of 139 companies were dissolved in Droitwich. This figure is 117.2% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Droitwich occurred in 2014 when a total of 139 were closed.

    Half Year (Jan-Jun)DroitwichUK
    2014139177,207
    201364155,192
    % change117.2%14.2%
    Record Year2014 (139)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 71 companies were dissolved in Droitwich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 77.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DroitwichUK
    20147194,837
    20134077,278
    % change77.5%22.7%
    Record Year 2014 (71) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company closures in Droitwich when compared to any previous May.

    May 2014 was a record month for company closures in Droitwich when compared to any month in history.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014103130
    Closed companies in 2013111217
    % change-9.1%158.3%76%
    Record Year2008 (13)2014 (31)2010 (31)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Droitwich increased by 56 companies.

    Half Year (Jan-Jun)DroitwichUK
    201456123,524
    2013139114,240
    Record Year2013 (139)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Droitwich during the second quarter of 2014 (Apr 2014 - Jun 2014) was 10 companies.

    second quarter (Apr 2014 - Jun 2014)DroitwichUK
    20141055,172
    20135657,352
    Record Year 2013 (56) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201412-53
    Net growth in 2013231518
    Record Year2007 (26)2013 (15)2012 (24)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

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

    Half Year (Jan-Jun)Droitwich
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Droitwich formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Droitwich
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.0%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-41.6%-11.1%-18.3%
    Record Year1993 (0.1%)1963 (0.1%)1981 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 46.1.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 45.0.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Droitwich was 2008 when 37.3% of all directors were female.

    32.2% of all director appointments in Droitwich in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Droitwich was in 2008 when 36.8% of all directors were female.

    33.2% of all director appointments in Droitwich in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    HOLDINGS2.16%CONSULTING5.16%
    GIRAFFE0.94%MANAGEMENT4.64%
    CONSTRUCTION0.94%CONSULTANCY3.50%
    J0.94%PROPERTY2.66%
    FAT0.94%TRADING2.03%
    CONSULTANCY0.94%ENGINEERING1.99%
    S0.94%CONSTRUCTION1.93%
    CONSULTING0.81%LONDON1.93%
    MANAGEMENT0.67%CARE1.85%
    T0.67%DESIGN1.75%
    DESIGN0.67%CONSULTANTS1.73%
    PRODUCTIONS0.67%BUSINESS1.69%
    (BIRMINGHAM)0.67%PROPERTIES1.63%
    DEVELOPMENTS0.67%TRANSPORT1.58%
    DROITWICH0.67%GLOBAL1.55%
    D0.67%INVESTMENTS1.55%
    ASSOCIATES0.67%J1.51%
    PROPERTY0.54%ASSOCIATES1.48%
    OAKLEY0.54%MEDIA1.44%
    TRAINING0.54%ELECTRICAL1.40%
    SEARCH0.54%IT1.33%
    SPA0.54%DEVELOPMENTS1.33%
    ELECTRICAL0.54%BUILDING1.26%
    PRODUCTS0.40%M1.24%
    HELP0.40%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    82990 - Other business support service activities not elsewhere classified21357,421
    None Supplied93261,557
    99999 - Dormant Company3948,436
    70229 - Management consultancy activities other than financial management3340,250
    41100 - Development of building projects1510,527
    86220 - Specialists medical practice activities133,855
    62020 - Information technology consultancy activities1129,029
    43390 - Other building completion and finishing95,855
    96020 - Hairdressing and other beauty treatment96,631
    74100 - specialised design activities84,703
    41202 - Construction of domestic buildings87,053
    93290 - Other amusement and recreation activities not elsewhere classified72,602
    74909 - Other professional, scientific and technical activities not elsewhere classified719,058
    43210 - Electrical installation76,050
    71129 - Other engineering activities75,787
    64209 - Activities of other holding companies not elsewhere classified53,372
    70100 - Activities of head offices54,152
    62090 - Other information technology service activities513,024
    96090 - Other service activities not elsewhere classified528,352
    86900 - Other human health activities511,292

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09065215 FRIDAY NIGHT WEB LIMITED 02 Jun 2014
    09068180 T. BROWN TRANSPORT LTD 03 Jun 2014
    09072214 EUROBAC ENVIRONMENTAL LIMITED 05 Jun 2014
    09074226 M EDWARD LTD 06 Jun 2014
    09078100 JG TENNIS LIMITED 09 Jun 2014
    09078135 THE FAT GIRAFFE (SOLIHULL) LTD 09 Jun 2014
    09078194 THE FAT GIRAFFE (GLOUCESTER) LTD 10 Jun 2014
    09078231 THE FAT GIRAFFE (REDDITCH) LTD 10 Jun 2014
    09080521 J & G MORLEY SAFETY SOLUTIONS LTD 11 Jun 2014
    09081751 INFINITE OUTCOMES FOR CHILDREN LIMITED 11 Jun 2014
    09082605 PHOENIX EXHIBITION BUILD LIMITED 11 Jun 2014
    09091285 AJ ROOFING CONTRACTORS LTD 18 Jun 2014
    09093039 DIABETES FRAIL LIMITED 19 Jun 2014
    09094689 ATHENA WORKSURFACE FABRICATIONS LTD 19 Jun 2014
    09095967 BROMSGROVE GYMNASTICS CLUB LIMITED 20 Jun 2014
    09096585 T D PROFESSIONAL SOLUTIONS LIMITED 23 Jun 2014
    09097012 OAKLANDS SOLUTIONS (MIDLANDS) LIMITED 23 Jun 2014
    09100345 NB BODYCARES LIMITED 24 Jun 2014
    09100671 GREEN LIGHTING DESIGN LIMITED 24 Jun 2014
    09100948 DELICIOUSLY SQUARED LTD 24 Jun 2014
    09101057 PINEAPPLE CREATIVE LIMITED 24 Jun 2014
    09101903 GREEN ELECTRONICS GROUP LIMITED 25 Jun 2014
    09102430 PDMN SECURITY LIMITED 25 Jun 2014
    09102914 3CI LIGHTING LTD. 25 Jun 2014
    09106797 HAMMOND COURT LIMITED 30 Jun 2014

reports

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