Dudley, West Midlands

2013 Annual 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

  • 2013 was a record year for company registrations in Dudley when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Dudley when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Dudley when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Dudley when compared to any previous December.
  • October 2013 saw a new record in company registrations in Dudley when compared to any previous October.
  • October 2013 saw a new record in company closures in Dudley when compared to any previous October.

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 (2013)

    2013 was a record year for company registrations in Dudley when compared to any year in history.

    A total of 522 companies were formed in Dudley in 2013. This total is 12.0% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearDudleyUK
    2013522529,363
    2012466491,893
    2011490452,870
    2010428400,358
    2009395362,675
    Record Year2013 (522)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Dudley when compared to any previous second half year.

    In the second half of 2013 a total of 251 companies were formed in Dudley. This figure is 20.7% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Dudley occurred in 2013 when a total of 251 were formed.

    Half Year (Jul-Dec)DudleyUK
    2013251259,931
    2012208238,743
    % change20.7%8.9%
    Record Year2013 (251)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Dudley when compared to any previous Q4.

    A total of 127 companies were registered in Dudley during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 25.7% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)DudleyUK
    2013127127,247
    2012101119,875
    % change25.7%6.1%
    Record Year 2013 (127) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Dudley when compared to any previous December.

    October 2013 saw a new record in company registrations in Dudley when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013484534
    New companies in 2012443027
    % change9.1%50.0%25.9%
    Record Year2013 (48)2008 (48)2013 (34)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 330 companies were dissolved in Dudley in 2013. This total is 0.3% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearDudleyUK
    2013330332,213
    2012329293,729
    2011342314,524
    2010381342,233
    2009467533,789
    Record Year2009 (467)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 217 companies were dissolved in Dudley. This figure is 31.5% higher than last year, which compares badly to the UK wide change of 21.3%.

    The highest total for a second half year in Dudley occurred in 2009 when a total of 230 were closed.

    Half Year (Jul-Dec)DudleyUK
    2013217177,021
    2012165145,935
    % change31.5%21.3%
    Record Year2009 (230)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 89 companies were dissolved in Dudley during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 18.7% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)DudleyUK
    20138990,851
    20127570,027
    % change18.7%29.7%
    Record Year 2011 (105) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company closures in Dudley when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013423017
    Closed companies in 2012353010
    % change20.0%0.0%70%
    Record Year2013 (42)2011 (49)2009 (33)

Net Company Growth

  1. Annual Data (2013)

    A total of 192 companies were added to the company register for Dudley in 2013. This number represents growth of 36.8% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 55 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the Dudley company register grew by 231 companies.

    YearDudleyUK
    2013192197,150
    2012137198,164
    2011148138,346
    20104758,125
    2009-72-171,114
    Record Year2006 (231)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Dudley increased by 34 companies.

    Half Year (Jul-Dec)DudleyUK
    20133482,910
    20124392,808
    Record Year2003 (145)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Dudley during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 38 companies.

    fourth quarter (Oct 2013 - Dec 2013)DudleyUK
    20133836,396
    20122649,848
    Record Year 2008 (82) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201361517
    Net growth in 20129017
    Record Year2003 (35)2008 (36)2003 (25)

UK Company Share

  1. Annual Data (2013)

    In 2013 Dudley formed 0.1% of all UK companies. This is no change on 2012 when Dudley was responsible for 0.1% of all UK companies.

    YearDudley
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960)1991 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Dudley formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.

    Half Year (Jul-Dec)Dudley
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Dudley formed 0.1% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Dudley
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1983 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change1.4%47.5%14.4%
    Record Year1983 (0.3%)1983 (0.2%)1992 (0.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 41.9.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 42.6.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 43.4.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Dudley was 1987 when 66.7% of all directors were female.

    The percentage of female directors in Dudley in 2013 was 22.6%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Dudley was 2004 when 34.6% of all directors were female.

    23.4% of all director appointments in Dudley in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Dudley was in 2004 when 35.6% of all directors were female.

    24.2% of all director appointments in Dudley in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    J1.42%CONSULTING5.22%
    CARE1.42%MANAGEMENT4.72%
    CONSULTING1.31%CONSULTANCY3.45%
    PROPERTY1.20%PROPERTY2.59%
    R0.87%TRADING2.08%
    MANAGEMENT0.87%ENGINEERING1.87%
    M0.87%LONDON1.86%
    CONSTRUCTION0.77%DESIGN1.76%
    MIDLAND0.77%CONSTRUCTION1.73%
    TRANSPORT0.77%CARE1.73%
    ACADEMY0.66%BUSINESS1.71%
    D0.66%CONSULTANTS1.68%
    CO0.66%GLOBAL1.58%
    CAR0.55%INVESTMENTS1.56%
    ROOFING0.55%PROPERTIES1.54%
    CONSULTANCY0.55%ASSOCIATES1.53%
    DUDLEY0.55%J1.51%
    (WEST0.44%MEDIA1.50%
    ENERGY0.44%IT1.35%
    FISH0.44%DEVELOPMENTS1.23%
    ACCOUNTANCY0.44%M1.23%
    SECURITY0.44%BUILDING1.21%
    INVESTMENTS0.44%ELECTRICAL1.20%
    CONTAINERS0.44%CAPITAL1.19%
    BUSINESS0.44%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied234266,814
    99999 - Dormant Company7446,762
    49410 - Freight transport by road447,333
    70229 - Management consultancy activities other than financial management3136,164
    82990 - Other business support service activities not elsewhere classified2455,342
    96090 - Other service activities not elsewhere classified2126,001
    96020 - Hairdressing and other beauty treatment196,000
    43999 - Other specialised construction activities not elsewhere classified177,823
    62020 - Information technology consultancy activities1627,183
    43210 - Electrical installation145,730
    74990 - Non-trading company1314,223
    41100 - Development of building projects129,485
    47990 - Other retail sale not in stores, stalls or markets115,800
    45200 - Maintenance and repair of motor vehicles114,987
    62090 - Other information technology service activities1112,511
    41202 - Construction of domestic buildings116,191
    56302 - Public houses and bars105,503
    47910 - Retail sale via mail order houses or via Internet108,879
    86210 - General medical practice activities93,942
    74909 - Other professional, scientific and technical activities not elsewhere classified918,034

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08717027 SWIMRITE LTD 03 Oct 2013
    08717668 MCS BUILDING SERVICES SHROPSHIRE LTD 03 Oct 2013
    08717991 DUDLEY BUSINESS SCHOOL LIMITED 03 Oct 2013
    08718005 DUDLEY METROPOLITAN COLLEGE LIMITED 03 Oct 2013
    08719406 STREETLY STORES LTD 04 Oct 2013
    08724002 EUROEQUIP LTD 08 Oct 2013
    08732289 WAVELENGTH ENVIRONMENTAL LTD. 15 Oct 2013
    08712105 MIDLAND BUILDING AND SHOPFITTING LIMITED 01 Oct 2013
    08712608 DAMANI FABRICATIONS LIMITED 01 Oct 2013
    08716426 DUNCAN EDWARDS TAXIS LIMITED 03 Oct 2013
    08722700 NEWFIELD FIRE LIMITED 08 Oct 2013
    08728219 CHAPEL LOGISTICS LTD 11 Oct 2013
    08728390 UKSS CONSULTING LIMITED 11 Oct 2013
    08730228 WOODACOTT HOLIDAY PARK LIMITED 14 Oct 2013
    08738587 WILLIAM FORD SEARCH & SELECTION LTD 18 Oct 2013
    08738784 THE BRITISH FIRE CONSORTIUM 18 Oct 2013
    08743844 REVIVING KITCHENS LIMITED 22 Oct 2013
    08744629 NICOLAE&FLORIN LTD 23 Oct 2013
    08751118 POWER PLANT CONTROL SOLUTIONS LTD 28 Oct 2013
    08753219 A-Z PHYSIO LTD 29 Oct 2013
    08754604 J J HODGETTS LIMITED 30 Oct 2013
    08720016 MODERN TOOL HIRE LIMITED 07 Oct 2013
    08732404 TRIBE CONSULTING LTD 15 Oct 2013
    08733890 THE HANDY MAN STORES LTD 15 Oct 2013
    08738663 M & J BAHRI LIMITED 18 Oct 2013