Dudley, West Midlands

Q3 2014 Business Confidence Report

Headlines

  • September 2014 saw a new record in company registrations in Dudley when compared to any previous September.
  • August 2014 saw a new record in company closures in Dudley when compared to any previous August.

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 (Q3 Jul-Sep 2014)

    A total of 132 companies were registered in Dudley during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 6.5% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)DudleyUK
    2014132143,414
    2013124132,684
    % change6.5%8.1%
    Record Year 2011 (138) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014404349
    New companies in 2013553336
    % change-27.3%30.3%36.1%
    Record Year2013 (55)2011 (51)2014 (49)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 112 companies were dissolved in Dudley during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is a decrease of 12.5% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)DudleyUK
    2014112101,670
    201312886,170
    % change-12.5%18.0%
    Record Year 2009 (137) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    August 2014 saw a new record in company closures in Dudley when compared to any previous August.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014364432
    Closed companies in 2013432263
    % change-16.3%100.0%-49%
    Record Year2013 (43)2014 (44)2013 (63)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Dudley during the third quarter of 2014 (Jul 2014 - Sep 2014) was 20 companies.

    third quarter (Jul 2014 - Sep 2014)DudleyUK
    20142041,744
    2013-446,514
    Record Year 2011 (67) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20144-117
    Net growth in 20131211-27
    Record Year2011 (27)2011 (27)2002 (34)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 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 (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-33.9%24.2%24.9%
    Record Year1991 (0.2%)2002 (0.2%)1991 (0.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 41.1.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 7.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Dudley was in 2005 when 30.0% of all directors were female.

    20.3% of all director appointments in Dudley in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    J1.09%CONSULTING5.17%
    CARE0.99%MANAGEMENT4.63%
    TRANSPORT0.89%CONSULTANCY3.55%
    ELECTRICAL0.89%PROPERTY2.62%
    DUDLEY0.79%ENGINEERING2.07%
    MIDLANDS0.79%CONSTRUCTION2.05%
    TRAINING0.79%TRADING2.00%
    DEVELOPMENTS0.79%LONDON1.95%
    PROPERTY0.79%CARE1.94%
    R0.69%TRANSPORT1.76%
    LOGISTICS0.69%DESIGN1.70%
    CONSULTANTS0.69%CONSULTANTS1.70%
    TRADING0.69%PROPERTIES1.63%
    BUILDING0.69%BUSINESS1.62%
    M0.69%J1.53%
    BLACK0.60%ELECTRICAL1.53%
    COUNTRY0.60%GLOBAL1.51%
    D0.60%INVESTMENTS1.50%
    BUSINESS0.60%ASSOCIATES1.48%
    CONSULTING0.60%MEDIA1.38%
    C0.60%CO.,1.36%
    MAINTENANCE0.60%DEVELOPMENTS1.35%
    P0.60%BUILDING1.30%
    HEALTHCARE0.60%IT1.30%
    METEOR0.50%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied199278,481
    99999 - Dormant Company7648,286
    49410 - Freight transport by road389,960
    96090 - Other service activities not elsewhere classified3428,224
    82990 - Other business support service activities not elsewhere classified2557,264
    70229 - Management consultancy activities other than financial management2540,717
    43999 - Other specialised construction activities not elsewhere classified178,501
    86900 - Other human health activities1611,807
    62020 - Information technology consultancy activities1629,313
    96020 - Hairdressing and other beauty treatment156,630
    43210 - Electrical installation135,922
    47910 - Retail sale via mail order houses or via Internet139,914
    68209 - Other letting and operating of own or leased real estate1310,361
    41100 - Development of building projects1310,604
    56103 - Take-away food shops and mobile food stands127,917
    47990 - Other retail sale not in stores, stalls or markets126,327
    74990 - Non-trading company1114,006
    32990 - Other manufacturing not elsewhere classified103,465
    56302 - Public houses and bars106,056
    74909 - Other professional, scientific and technical activities not elsewhere classified1018,890

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09202777 RICHARDS ARCHITECTURE LTD 04 Sep 2014
    09205446 KAIDI COMMERCIAL KITCHEN SERVICES LIMITED 05 Sep 2014
    09205911 DEITY LTD 05 Sep 2014
    09206086 SERVICE THROUGH PARTNERSHIP C.I.C. 05 Sep 2014
    09209530 GTD ASSET MANAGEMENT LIMITED 09 Sep 2014
    09211681 TYRE CITY (UK) LIMITED 10 Sep 2014
    09222735 INSULATION WALL SOLUTION LTD 17 Sep 2014
    09223705 GROSVENOR PROPERTY MAINTENANCE LIMITED 18 Sep 2014
    09227401 LEARN TO HOPE CIC 19 Sep 2014
    09230620 DUDLEY STORES LTD 23 Sep 2014
    09230781 PAUL BURNS EVENTS AND LOGISTICS LIMITED 23 Sep 2014
    09237971 CMS HALLOW LIMITED 26 Sep 2014
    09201404 BLACK COUNTRY QUALITY SERVICES LIMITED 03 Sep 2014
    09225290 FLOORS XCLUSIVE LIMITED 18 Sep 2014
    09226554 WORKWEAR365 LIMITED 19 Sep 2014
    09228930 XPRESS DELIVERY SERVICE LIMITED 22 Sep 2014
    09202988 THE LOUNGE BAR GREAT BRIDGE LTD 04 Sep 2014
    09208639 TSF WORKSHOPS LTD 08 Sep 2014
    09211989 MLT+ LTD 10 Sep 2014
    09212991 B P DAVIS ENGINEERING LTD 10 Sep 2014
    09220609 COMPLETE PROCUREMENT SOLUTIONS LIMITED 16 Sep 2014
    09225529 BEACON 1973 LIMITED 18 Sep 2014
    09226860 COLEGREEN LAMP COMPANY LTD 19 Sep 2014
    09234026 IVY HOUSE FILMS LTD 24 Sep 2014
    09240985 ASTON TRANSITIONAL CARE LIMITED 30 Sep 2014