Dudley, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Dudley when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Dudley when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Dudley when compared to any previous March.
  • March 2014 was a record month for company registrations in Dudley when compared to any month in history.
  • February 2014 saw a new record in company registrations in Dudley when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Dudley when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Dudley when compared to any quarter in history.

    A total of 152 companies were registered in Dudley during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.3% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)DudleyUK
    2014152150,722
    2013143134,802
    % change6.3%11.8%
    Record Year 2014 (152) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Dudley when compared to any previous March.

    March 2014 was a record month for company registrations in Dudley when compared to any month in history.

    February 2014 saw a new record in company registrations in Dudley when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014444860
    New companies in 2013494450
    % change-10.2%9.1%20.0%
    Record Year2013 (49)2014 (48)2014 (60)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 72 companies were dissolved in Dudley during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 9.1% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)DudleyUK
    20147282,370
    20136677,914
    % change9.1%5.7%
    Record Year 2010 (100) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014232722
    Closed companies in 2013221925
    % change4.5%42.1%-12%
    Record Year2012 (46)2011 (32)2009 (65)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Dudley during the first quarter of 2014 (Jan 2014 - Mar 2014) was 80 companies.

    first quarter (Jan 2014 - Mar 2014)DudleyUK
    20148068,352
    20137756,888
    Record Year 2006 (88) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014212138
    Net growth in 2013272525
    Record Year2013 (27)2006 (27)2008 (53)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Dudley formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Dudley
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-16.0%0.7%0.2%
    Record Year1991 (0.2%)1991 (0.1%)1977 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.5.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Dudley was in 2005 when 33.7% of all directors were female.

    29.1% of all director appointments in Dudley in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    J1.30%CONSULTING5.22%
    CARE1.19%MANAGEMENT4.67%
    CONSULTING1.08%CONSULTANCY3.49%
    M0.97%PROPERTY2.64%
    R0.97%TRADING2.05%
    TRAINING0.76%LONDON1.88%
    CO0.76%ENGINEERING1.86%
    PROPERTY0.76%CARE1.79%
    ELECTRICAL0.76%CONSTRUCTION1.75%
    MIDLANDS0.65%DESIGN1.75%
    D0.65%CONSULTANTS1.73%
    TRANSPORT0.65%BUSINESS1.71%
    MIDLAND0.65%PROPERTIES1.60%
    ROOFING0.65%INVESTMENTS1.60%
    DUDLEY0.65%GLOBAL1.58%
    CONSTRUCTION0.65%J1.48%
    MANAGEMENT0.54%ASSOCIATES1.48%
    TOTAL0.54%MEDIA1.48%
    SECURITY0.54%IT1.33%
    MIDLANDS)0.54%TRANSPORT1.30%
    (WEST0.54%DEVELOPMENTS1.29%
    PROJECT0.54%BUILDING1.24%
    HOLDINGS0.43%M1.21%
    LOGISTICS0.43%CAPITAL1.20%
    MEDIA0.43%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied243280,210
    99999 - Dormant Company8147,084
    49410 - Freight transport by road488,014
    70229 - Management consultancy activities other than financial management2837,882
    96090 - Other service activities not elsewhere classified2526,700
    82990 - Other business support service activities not elsewhere classified2356,411
    96020 - Hairdressing and other beauty treatment196,236
    43999 - Other specialised construction activities not elsewhere classified198,155
    74990 - Non-trading company1514,135
    41100 - Development of building projects159,855
    62020 - Information technology consultancy activities1427,750
    43210 - Electrical installation145,885
    86900 - Other human health activities1310,273
    47990 - Other retail sale not in stores, stalls or markets115,988
    41202 - Construction of domestic buildings116,559
    47910 - Retail sale via mail order houses or via Internet119,358
    56103 - Take-away food shops and mobile food stands117,300
    32990 - Other manufacturing not elsewhere classified103,403
    62090 - Other information technology service activities912,813
    86210 - General medical practice activities93,987

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08839052 K JONES CONSTRUCTION SPECIALIST LIMITED 09 Jan 2014
    08847585 INCOME MANAGER LIMITED 16 Jan 2014
    08851932 WASCO MARKETING LIMITED 20 Jan 2014
    08857777 EDEN CREDIT LIMITED 23 Jan 2014
    08862414 EDDY GARANDE ENTERPRISES LTD 27 Jan 2014
    08865496 NIRVAIR LIMITED 28 Jan 2014
    08831714 MARBLEDEALS MIDLANDS LTD 03 Jan 2014
    08835583 HGV TYRES LIMITED 07 Jan 2014
    08836076 MJK FINANCIAL SERVICES LIMITED 08 Jan 2014
    08837424 LJC MOTOR COMPANY LIMITED 08 Jan 2014
    08841700 SAFE HANDS WEST MIDLANDS SERVICES LIMITED 13 Jan 2014
    08849127 ARMSTRONG SECURITY LIMITED 16 Jan 2014
    08849889 JUSTLABEL&CO LTD 17 Jan 2014
    08851007 INSPECTION & PACKAGING SOLUTIONS LTD 17 Jan 2014
    08860807 TRUST ELECTRICAL WHOLESALE LIMITED 24 Jan 2014
    08861783 TOTAL BODY FITNESS LTD 27 Jan 2014
    08862876 T L P EVENTS LTD 27 Jan 2014
    08837829 GB HOUSE & GARDEN MAINTENANCE LIMITED 09 Jan 2014
    08839858 SEDGLEY CONTROL SYSTEMS LTD 10 Jan 2014
    08842055 URBAN EMPIRE UK LTD 13 Jan 2014
    08864691 HI-SPEC INTERIORS LTD 28 Jan 2014
    08864754 THECAFE LTD 28 Jan 2014
    08865139 JUNGLEDON RECORDINGS LTD 28 Jan 2014
    08866049 DECORASIAN LTD 29 Jan 2014
    08872079 ONE WEIGH (UK) LTD 31 Jan 2014