Dudley, West Midlands
Q3 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- July 2013 saw a new record in company registrations in Dudley when compared to any previous July.
- September 2013 saw a new record in company closures in Dudley when compared to any previous September.
- July 2013 saw a new record in company closures in Dudley when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 124 companies were registered in Dudley during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 15.9% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Dudley UK 2013 124 132,684 2012 107 118,868 % change 15.9% 11.6% Record Year 2011 (138) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
July 2013 saw a new record in company registrations in Dudley when compared to any previous July.
New Companies by Month
July August September New companies in 2013 55 33 36 New companies in 2012 39 26 42 % change 41.0% 26.9% -14.3% Record Year 2013 (55) 2011 (51) 2012 (42)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 128 companies were dissolved in Dudley during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 42.2% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Dudley UK 2013 128 86,170 2012 90 75,908 % change 42.2% 13.5% Record Year 2009 (137) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
September 2013 saw a new record in company closures in Dudley when compared to any previous September.
July 2013 saw a new record in company closures in Dudley when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2013 43 22 63 Closed companies in 2012 30 29 31 % change 43.3% -24.1% 103% Record Year 2013 (43) 2008 (43) 2013 (63)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Dudley during the third quarter of 2013 (Jul 2013 - Sep 2013) was -4 companies.
third quarter (Jul 2013 - Sep 2013) Dudley UK 2013 -4 46,514 2012 17 42,960 Record Year 2011 (67) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
July August September Net growth in 2013 12 11 -27 Net growth in 2012 9 -3 11 Record Year 2011 (27) 2011 (27) 2002 (34)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Dudley formed 0.1% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Dudley 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 26.2% 16.4% -24.8% Record Year 1991 (0.2%) 2002 (0.2%) 1991 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 41.8.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.7%.
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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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Dudley was in 2004 when 33.6% of all directors were female.
22.6% of all director appointments in Dudley in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PROPERTY 1.38% CONSULTING 5.27% TRANSPORT 1.27% MANAGEMENT 4.75% J 1.15% CONSULTANCY 3.45% CONSULTING 1.15% PROPERTY 2.53% R 1.04% TRADING 2.08% CARE 1.04% ENGINEERING 1.83% MANAGEMENT 0.92% LONDON 1.79% M 0.81% DESIGN 1.78% CONSTRUCTION 0.81% BUSINESS 1.74% ROOFING 0.69% CONSTRUCTION 1.70% ACADEMY 0.69% CONSULTANTS 1.69% MIDLANDS) 0.69% CARE 1.64% INVESTMENTS 0.69% ASSOCIATES 1.61% (WEST 0.58% GLOBAL 1.59% CAR 0.58% J 1.54% D 0.58% MEDIA 1.54% SECURITY 0.58% INVESTMENTS 1.53% MIDLAND 0.58% PROPERTIES 1.45% DUDLEY 0.58% IT 1.39% CONSULTANCY 0.58% M 1.25% SUPPORT 0.46% ELECTRICAL 1.20% L 0.46% BUILDING 1.19% PROJECT 0.46% CAPITAL 1.19% MIDLANDS 0.46% DEVELOPMENTS 1.16% CONSULTANTS 0.46% TRAINING 1.15%
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 227 260,135 99999 - Dormant Company 70 46,169 49410 - Freight transport by road 43 6,904 70229 - Management consultancy activities other than financial management 30 34,970 82990 - Other business support service activities not elsewhere classified 25 54,854 96090 - Other service activities not elsewhere classified 20 25,547 43999 - Other specialised construction activities not elsewhere classified 19 7,590 96020 - Hairdressing and other beauty treatment 18 5,859 62020 - Information technology consultancy activities 16 26,675 43210 - Electrical installation 16 5,724 45200 - Maintenance and repair of motor vehicles 12 4,955 74990 - Non-trading company 12 14,228 41100 - Development of building projects 11 9,271 56302 - Public houses and bars 11 5,437 74909 - Other professional, scientific and technical activities not elsewhere classified 10 17,715 41202 - Construction of domestic buildings 10 6,039 62090 - Other information technology service activities 10 12,516 47910 - Retail sale via mail order houses or via Internet 10 8,475 86210 - General medical practice activities 10 3,922 43220 - Plumbing, heat and air-conditioning installation 10 4,590
Recent Companies
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Randomly selected companies from this quarter
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