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
New Company Registrations
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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.
Year Dudley UK 2013 522 529,363 2012 466 491,893 2011 490 452,870 2010 428 400,358 2009 395 362,675 Record Year 2013 (522) 2013 (529,363) New Companies by Year
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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) Dudley UK 2013 251 259,931 2012 208 238,743 % change 20.7% 8.9% Record Year 2013 (251) 2013 (259,931) New Companies by Half Year
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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) Dudley UK 2013 127 127,247 2012 101 119,875 % change 25.7% 6.1% Record Year 2013 (127) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 48 45 34 New companies in 2012 44 30 27 % change 9.1% 50.0% 25.9% Record Year 2013 (48) 2008 (48) 2013 (34)
Closed Companies (dissolved)
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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.
Year Dudley UK 2013 330 332,213 2012 329 293,729 2011 342 314,524 2010 381 342,233 2009 467 533,789 Record Year 2009 (467) 2009 (533,789) Dissolved Companies by Year
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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) Dudley UK 2013 217 177,021 2012 165 145,935 % change 31.5% 21.3% Record Year 2009 (230) 2009 (244,544) Dissolved Companies by Half Year
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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) Dudley UK 2013 89 90,851 2012 75 70,027 % change 18.7% 29.7% Record Year 2011 (105) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2013 42 30 17 Closed companies in 2012 35 30 10 % change 20.0% 0.0% 70% Record Year 2013 (42) 2011 (49) 2009 (33)
Net Company Growth
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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.
Year Dudley UK 2013 192 197,150 2012 137 198,164 2011 148 138,346 2010 47 58,125 2009 -72 -171,114 Record Year 2006 (231) 2007 (237,353) Net Growth by Year
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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) Dudley UK 2013 34 82,910 2012 43 92,808 Record Year 2003 (145) 2003 (117,772) Net Growth by Half Year
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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) Dudley UK 2013 38 36,396 2012 26 49,848 Record Year 2008 (82) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 6 15 17 Net growth in 2012 9 0 17 Record Year 2003 (35) 2008 (36) 2003 (25)
UK Company Share
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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.
Year 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 Year
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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 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 Half Year
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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 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1983 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 1.4% 47.5% 14.4% Record Year 1983 (0.3%) 1983 (0.2%) 1992 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage J 1.42% CONSULTING 5.22% CARE 1.42% MANAGEMENT 4.72% CONSULTING 1.31% CONSULTANCY 3.45% PROPERTY 1.20% PROPERTY 2.59% R 0.87% TRADING 2.08% MANAGEMENT 0.87% ENGINEERING 1.87% M 0.87% LONDON 1.86% CONSTRUCTION 0.77% DESIGN 1.76% MIDLAND 0.77% CONSTRUCTION 1.73% TRANSPORT 0.77% CARE 1.73% ACADEMY 0.66% BUSINESS 1.71% D 0.66% CONSULTANTS 1.68% CO 0.66% GLOBAL 1.58% CAR 0.55% INVESTMENTS 1.56% ROOFING 0.55% PROPERTIES 1.54% CONSULTANCY 0.55% ASSOCIATES 1.53% DUDLEY 0.55% J 1.51% (WEST 0.44% MEDIA 1.50% ENERGY 0.44% IT 1.35% FISH 0.44% DEVELOPMENTS 1.23% ACCOUNTANCY 0.44% M 1.23% SECURITY 0.44% BUILDING 1.21% INVESTMENTS 0.44% ELECTRICAL 1.20% CONTAINERS 0.44% CAPITAL 1.19% BUSINESS 0.44% ENERGY 1.14%
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 234 266,814 99999 - Dormant Company 74 46,762 49410 - Freight transport by road 44 7,333 70229 - Management consultancy activities other than financial management 31 36,164 82990 - Other business support service activities not elsewhere classified 24 55,342 96090 - Other service activities not elsewhere classified 21 26,001 96020 - Hairdressing and other beauty treatment 19 6,000 43999 - Other specialised construction activities not elsewhere classified 17 7,823 62020 - Information technology consultancy activities 16 27,183 43210 - Electrical installation 14 5,730 74990 - Non-trading company 13 14,223 41100 - Development of building projects 12 9,485 47990 - Other retail sale not in stores, stalls or markets 11 5,800 45200 - Maintenance and repair of motor vehicles 11 4,987 62090 - Other information technology service activities 11 12,511 41202 - Construction of domestic buildings 11 6,191 56302 - Public houses and bars 10 5,503 47910 - Retail sale via mail order houses or via Internet 10 8,879 86210 - General medical practice activities 9 3,942 74909 - Other professional, scientific and technical activities not elsewhere classified 9 18,034
Recent Companies
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Randomly selected companies from this quarter
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