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
New Company Registrations
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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) Dudley UK 2014 132 143,414 2013 124 132,684 % change 6.5% 8.1% Record Year 2011 (138) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 40 43 49 New companies in 2013 55 33 36 % change -27.3% 30.3% 36.1% Record Year 2013 (55) 2011 (51) 2014 (49)
Closed Companies (dissolved)
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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) Dudley UK 2014 112 101,670 2013 128 86,170 % change -12.5% 18.0% Record Year 2009 (137) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 36 44 32 Closed companies in 2013 43 22 63 % change -16.3% 100.0% -49% Record Year 2013 (43) 2014 (44) 2013 (63)
Net Company Growth
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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) Dudley UK 2014 20 41,744 2013 -4 46,514 Record Year 2011 (67) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 4 -1 17 Net growth in 2013 12 11 -27 Record Year 2011 (27) 2011 (27) 2002 (34)
UK Company Share
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -33.9% 24.2% 24.9% Record Year 1991 (0.2%) 2002 (0.2%) 1991 (0.2%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage J 1.09% CONSULTING 5.17% CARE 0.99% MANAGEMENT 4.63% TRANSPORT 0.89% CONSULTANCY 3.55% ELECTRICAL 0.89% PROPERTY 2.62% DUDLEY 0.79% ENGINEERING 2.07% MIDLANDS 0.79% CONSTRUCTION 2.05% TRAINING 0.79% TRADING 2.00% DEVELOPMENTS 0.79% LONDON 1.95% PROPERTY 0.79% CARE 1.94% R 0.69% TRANSPORT 1.76% LOGISTICS 0.69% DESIGN 1.70% CONSULTANTS 0.69% CONSULTANTS 1.70% TRADING 0.69% PROPERTIES 1.63% BUILDING 0.69% BUSINESS 1.62% M 0.69% J 1.53% BLACK 0.60% ELECTRICAL 1.53% COUNTRY 0.60% GLOBAL 1.51% D 0.60% INVESTMENTS 1.50% BUSINESS 0.60% ASSOCIATES 1.48% CONSULTING 0.60% MEDIA 1.38% C 0.60% CO., 1.36% MAINTENANCE 0.60% DEVELOPMENTS 1.35% P 0.60% BUILDING 1.30% HEALTHCARE 0.60% IT 1.30% METEOR 0.50% M 1.23%
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 199 278,481 99999 - Dormant Company 76 48,286 49410 - Freight transport by road 38 9,960 96090 - Other service activities not elsewhere classified 34 28,224 82990 - Other business support service activities not elsewhere classified 25 57,264 70229 - Management consultancy activities other than financial management 25 40,717 43999 - Other specialised construction activities not elsewhere classified 17 8,501 86900 - Other human health activities 16 11,807 62020 - Information technology consultancy activities 16 29,313 96020 - Hairdressing and other beauty treatment 15 6,630 43210 - Electrical installation 13 5,922 47910 - Retail sale via mail order houses or via Internet 13 9,914 68209 - Other letting and operating of own or leased real estate 13 10,361 41100 - Development of building projects 13 10,604 56103 - Take-away food shops and mobile food stands 12 7,917 47990 - Other retail sale not in stores, stalls or markets 12 6,327 74990 - Non-trading company 11 14,006 32990 - Other manufacturing not elsewhere classified 10 3,465 56302 - Public houses and bars 10 6,056 74909 - Other professional, scientific and technical activities not elsewhere classified 10 18,890
Recent Companies
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Randomly selected companies from this quarter
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