Droitwich, Worcestershire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company closures in Droitwich when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Droitwich when compared to any previous second half year.
- December 2014 saw a new record in company closures in Droitwich when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
A total of 352 companies were formed in Droitwich in 2014. This total is 11.1% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Droitwich UK 2014 352 582,051 2013 396 529,363 2012 329 491,893 2011 330 452,870 2010 223 400,358 Record Year 2013 (396) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 157 companies were formed in Droitwich. This figure is 18.7% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Droitwich occurred in 2013 when a total of 193 were formed.
Half Year (Jul-Dec) Droitwich UK 2014 157 281,320 2013 193 259,931 % change -18.7% 8.2% Record Year 2013 (193) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 76 companies were registered in Droitwich during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 26.2% 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) Droitwich UK 2014 76 137,906 2013 103 127,247 % change -26.2% 8.4% Record Year 2013 (103) 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 22 30 24 New companies in 2013 37 33 33 % change -40.5% -9.1% -27.3% Record Year 2013 (37) 2013 (33) 2013 (33)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Droitwich when compared to any year in history.
A total of 259 companies were dissolved in Droitwich in 2014. This total is 65.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Droitwich UK 2014 259 367,937 2013 157 332,213 2012 125 293,729 2011 145 314,524 2010 198 342,233 Record Year 2014 (259) 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 Droitwich when compared to any previous second half year.
In the second half of 2014 a total of 120 companies were dissolved in Droitwich. This figure is 29.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Droitwich occurred in 2014 when a total of 120 were closed.
Half Year (Jul-Dec) Droitwich UK 2014 120 190,730 2013 93 177,021 % change 29.0% 7.7% Record Year 2014 (120) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 45 companies were dissolved in Droitwich during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 10.0% 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) Droitwich UK 2014 45 89,060 2013 50 90,851 % change -10.0% -2.0% Record Year 2013 (50) 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 Droitwich when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 14 11 20 Closed companies in 2013 8 22 20 % change 75.0% -50.0% 0% Record Year 2012 (14) 2013 (22) 2013 (20)
Net Company Growth
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Annual Data (2014)
A total of 93 companies were added to the company register for Droitwich in 2014. This number represents growth of 26.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 146 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Droitwich company register grew by 239 companies.
Year Droitwich UK 2014 93 214,114 2013 239 197,150 2012 204 198,164 2011 185 138,346 2010 25 58,125 Record Year 2013 (239) 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 Droitwich increased by 37 companies.
Half Year (Jul-Dec) Droitwich UK 2014 37 90,590 2013 100 82,910 Record Year 2011 (107) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Droitwich during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 31 companies.
fourth quarter (Oct 2014 - Dec 2014) Droitwich UK 2014 31 48,846 2013 53 36,396 Record Year 2013 (53) 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 8 19 4 Net growth in 2013 29 11 13 Record Year 2013 (29) 2012 (20) 2004 (16)
UK Company Share
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Annual Data (2014)
In 2014 Droitwich formed 0.1% of all UK companies. This is no change on 2013 when Droitwich was responsible for 0.1% of all UK companies.
Year Droitwich 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Droitwich formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Droitwich 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2011 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Droitwich formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Droitwich 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (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 0.0% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -43.4% -13.7% -37.8% Record Year 2013 (0.1%) 2013 (0.1%) 1994 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.7.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.4% 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 45.2.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% 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 44.8.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.2% 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 Droitwich was 1991 when 42.3% of all directors were female.
The percentage of female directors in Droitwich in 2014 was 28.6%. 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 Droitwich was 2005 when 34.7% of all directors were female.
23.4% of all director appointments in Droitwich 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 Droitwich was in 2007 when 37.0% of all directors were female.
24.8% of all director appointments in Droitwich 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 HOLDINGS 1.48% CONSULTING 5.22% MANAGEMENT 1.19% MANAGEMENT 4.58% CONSTRUCTION 1.04% CONSULTANCY 3.57% GIRAFFE 1.04% PROPERTY 2.66% FAT 1.04% CONSTRUCTION 2.12% CONSULTANCY 1.04% ENGINEERING 2.10% DEVELOPMENTS 0.89% CARE 2.02% TRAINING 0.74% TRADING 1.94% ASSOCIATES 0.74% LONDON 1.93% PROPERTY 0.74% TRANSPORT 1.93% (BIRMINGHAM) 0.74% DESIGN 1.66% ELECTRICAL 0.74% CONSULTANTS 1.64% PRODUCTIONS 0.59% ELECTRICAL 1.62% DESIGN 0.59% PROPERTIES 1.62% HEALTHCARE 0.59% BUSINESS 1.56% SMART 0.59% J 1.54% S 0.59% CO., 1.50% BUILDING 0.59% GLOBAL 1.49% HOUSE 0.59% INVESTMENTS 1.48% SPA 0.59% ASSOCIATES 1.47% J 0.59% DEVELOPMENTS 1.35% CONSULTING 0.59% MEDIA 1.33% TECHNOLOGIES 0.59% IT 1.31% CLUB 0.59% BUILDING 1.29% OMBERSLEY 0.45% 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 82990 - Other business support service activities not elsewhere classified 211 58,068 None Supplied 89 265,608 99999 - Dormant Company 35 48,509 70229 - Management consultancy activities other than financial management 31 42,290 41100 - Development of building projects 16 11,397 62020 - Information technology consultancy activities 14 30,178 86220 - Specialists medical practice activities 12 4,031 96020 - Hairdressing and other beauty treatment 10 6,742 93290 - Other amusement and recreation activities not elsewhere classified 9 2,590 70100 - Activities of head offices 9 4,204 96090 - Other service activities not elsewhere classified 8 29,009 86900 - Other human health activities 8 12,976 64209 - Activities of other holding companies not elsewhere classified 7 3,776 43290 - Other construction installation 7 3,286 71129 - Other engineering activities 7 6,132 43390 - Other building completion and finishing 7 5,931 62090 - Other information technology service activities 7 12,837 74909 - Other professional, scientific and technical activities not elsewhere classified 7 19,049 32990 - Other manufacturing not elsewhere classified 6 3,533 43210 - Electrical installation 6 5,985
Recent Companies
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Randomly selected companies from this quarter
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