Dudley, West Midlands

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Dudley when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Dudley when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Dudley when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Dudley when compared to any quarter in history.
  • April 2014 saw a new record in company registrations in Dudley when compared to any previous April.
  • April 2014 saw a new record in net growth in Dudley when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Dudley when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Dudley when compared to any half year in history.

    In the first half of 2014 a total of 310 companies were formed in Dudley. This figure is 14.4% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Dudley occurred in 2014 when a total of 310 were formed.

    Half Year (Jan-Jun)DudleyUK
    2014310300,731
    2013271269,432
    % change14.4%11.6%
    Record Year2014 (310)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Dudley when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Dudley when compared to any quarter in history.

    A total of 158 companies were registered in Dudley during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 23.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DudleyUK
    2014158150,009
    2013128134,630
    % change23.4%11.4%
    Record Year 2014 (158) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    New Companies by Month
    AprilMayJune
    New companies in 2014535253
    New companies in 2013404246
    % change32.5%23.8%15.2%
    Record Year2014 (53)2012 (52)2014 (53)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 167 companies were dissolved in Dudley. This figure is 47.8% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Dudley occurred in 2009 when a total of 237 were closed.

    Half Year (Jan-Jun)DudleyUK
    2014167177,207
    2013113155,192
    % change47.8%14.2%
    Record Year2009 (237)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 95 companies were dissolved in Dudley during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 102.1% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DudleyUK
    20149594,837
    20134777,278
    % change102.1%22.7%
    Record Year 2009 (145) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014125132
    Closed companies in 2013151220
    % change-20.0%325.0%60%
    Record Year2009 (38)2009 (63)2009 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Dudley increased by 143 companies.

    Half Year (Jan-Jun)DudleyUK
    2014143123,524
    2013158114,240
    Record Year2013 (158)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Dudley during the second quarter of 2014 (Apr 2014 - Jun 2014) was 63 companies.

    second quarter (Apr 2014 - Jun 2014)DudleyUK
    20146355,172
    20138157,352
    Record Year 2013 (81) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Dudley when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 201441121
    Net growth in 2013253026
    Record Year2014 (41)2003 (35)2011 (28)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Dudley formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Dudley
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Dudley
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change19.5%14.3%-0.2%
    Record Year1990 (0.2%)1993 (0.2%)1990 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.0.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.4.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Dudley was 2008 when 30.4% of all directors were female.

    25.2% of all director appointments in Dudley in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Dudley was in 2006 when 31.3% of all directors were female.

    20.8% of all director appointments in Dudley in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    J1.33%CONSULTING5.16%
    CARE1.22%MANAGEMENT4.64%
    R1.02%CONSULTANCY3.50%
    M0.92%PROPERTY2.66%
    CONSTRUCTION0.82%TRADING2.03%
    MIDLANDS0.82%ENGINEERING1.99%
    ELECTRICAL0.82%CONSTRUCTION1.93%
    DUDLEY0.82%LONDON1.93%
    TRANSPORT0.82%CARE1.85%
    DEVELOPMENTS0.82%DESIGN1.75%
    D0.71%CONSULTANTS1.73%
    PROPERTY0.71%BUSINESS1.69%
    TRAINING0.71%PROPERTIES1.63%
    CONSULTING0.71%TRANSPORT1.58%
    CO0.71%GLOBAL1.55%
    BUILDING0.61%INVESTMENTS1.55%
    P0.61%J1.51%
    CONSULTANTS0.61%ASSOCIATES1.48%
    BUSINESS0.61%MEDIA1.44%
    HOLDINGS0.51%ELECTRICAL1.40%
    MIDLANDS)0.51%IT1.33%
    LOGISTICS0.51%DEVELOPMENTS1.33%
    HEALTHCARE0.51%BUILDING1.26%
    C0.51%M1.24%
    (WEST0.51%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied198261,557
    99999 - Dormant Company8648,436
    49410 - Freight transport by road489,265
    96090 - Other service activities not elsewhere classified3228,352
    70229 - Management consultancy activities other than financial management2740,250
    82990 - Other business support service activities not elsewhere classified2357,421
    43999 - Other specialised construction activities not elsewhere classified198,533
    62020 - Information technology consultancy activities1729,029
    96020 - Hairdressing and other beauty treatment176,631
    86900 - Other human health activities1611,292
    41100 - Development of building projects1310,527
    74990 - Non-trading company1314,351
    43210 - Electrical installation136,050
    56103 - Take-away food shops and mobile food stands127,840
    47910 - Retail sale via mail order houses or via Internet129,900
    47990 - Other retail sale not in stores, stalls or markets126,286
    68209 - Other letting and operating of own or leased real estate1210,133
    74909 - Other professional, scientific and technical activities not elsewhere classified1119,058
    86210 - General medical practice activities114,176
    32990 - Other manufacturing not elsewhere classified103,534

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08971346 STEPHEN HARRIS LTD 01 Apr 2014
    08974696 VS UNIQUE ANGEL LTD 02 Apr 2014
    08980032 CAD DUCT SOLUTIONS LTD 04 Apr 2014
    08984369 AMBER MORTGAGE ADVICE LIMITED 08 Apr 2014
    08994038 INNOSPIRE INDEPENDENT CONSULTANCY LTD 14 Apr 2014
    09003666 RAY CONSTRUCTION LTD (UK) LTD 22 Apr 2014
    09004873 SOUTHALL DRIVING LIMITED 22 Apr 2014
    09010238 NM CONTRACTING LIMITED 24 Apr 2014
    09010339 NEW BRITANNIA INN LIMITED 24 Apr 2014
    09013902 GRAHAM JAMES CARPENTRY LIMITED 28 Apr 2014
    09015189 OLTON BUILDING AND PROPERY MAINTANANCE LIMITED 28 Apr 2014
    09017638 M W PHILLIPS (HAWTHORN) LIMITED 29 Apr 2014
    08972400 SWEETYS NATURAL BEAUTY LTD 02 Apr 2014
    08972535 ANDY'S KARATE MIDLANDS LIMITED 02 Apr 2014
    08975182 TLC HOLISTIC THERAPIES LIMITED 03 Apr 2014
    08986656 LEOPOLD MARKETING LIMITED 08 Apr 2014
    08986818 ORTON MAINTENANCE LIMITED 08 Apr 2014
    08989146 TAMMY CHIOREKA LIMITED 09 Apr 2014
    09006424 MONARCH WAY 1965 LIMITED 23 Apr 2014
    09010350 UNIQUE WOMEN CIC 24 Apr 2014
    09012751 GEOFF WATERS (ELECTRICAL) LIMITED 25 Apr 2014
    09016291 MOTLATLAS HEALTHCARE LTD 29 Apr 2014
    08969868 RABBIA LIMITED 01 Apr 2014
    08975970 N J C (PHARMA) LTD 03 Apr 2014
    09000146 SJ UTILITIES LTD 16 Apr 2014