Dudley, West Midlands

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Dudley when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Dudley when compared to any previous second half year.
  • December 2014 saw a new record in company registrations in Dudley when compared to any previous December.
  • October 2014 saw a new record in company registrations in Dudley when compared to any previous October.

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. Annual Data (2014)

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

    A total of 569 companies were formed in Dudley in 2014. This total is 9.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearDudleyUK
    2014569582,051
    2013522529,363
    2012466491,893
    2011490452,870
    2010428400,358
    Record Year2014 (569)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 259 companies were formed in Dudley. This figure is 3.2% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Dudley occurred in 2014 when a total of 259 were formed.

    Half Year (Jul-Dec)DudleyUK
    2014259281,320
    2013251259,931
    % change3.2%8.2%
    Record Year2014 (259)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 127 companies were registered in Dudley during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a difference of 0.0% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)DudleyUK
    2014127137,906
    2013127127,247
    % change0.0%8.4%
    Record Year 2013 (127) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014533737
    New companies in 2013484534
    % change10.4%-17.8%8.8%
    Record Year2014 (53)2008 (48)2014 (37)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 354 companies were dissolved in Dudley in 2014. This total is 7.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearDudleyUK
    2014354367,937
    2013330332,213
    2012329293,729
    2011342314,524
    2010381342,233
    Record Year2009 (467)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 187 companies were dissolved in Dudley. This figure is 13.8% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Dudley occurred in 2009 when a total of 230 were closed.

    Half Year (Jul-Dec)DudleyUK
    2014187190,730
    2013217177,021
    % change-13.8%7.7%
    Record Year2009 (230)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 75 companies were dissolved in Dudley during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 15.7% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)DudleyUK
    20147589,060
    20138990,851
    % change-15.7%-2.0%
    Record Year 2011 (105) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014202233
    Closed companies in 2013423017
    % change-52.4%-26.7%94%
    Record Year2013 (42)2011 (49)2009 (33)

Net Company Growth

  1. Annual Data (2014)

    A total of 215 companies were added to the company register for Dudley in 2014. This number represents growth of 37.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 23 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2008 when the Dudley company register grew by 231 companies.

    YearDudleyUK
    2014215214,114
    2013192197,150
    2012137198,164
    2011148138,346
    20104758,125
    Record Year2008 (231)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Dudley increased by 72 companies.

    Half Year (Jul-Dec)DudleyUK
    20147290,590
    20133482,910
    Record Year2003 (145)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Dudley during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 52 companies.

    fourth quarter (Oct 2014 - Dec 2014)DudleyUK
    20145248,846
    20133836,396
    Record Year 2008 (82) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201433154
    Net growth in 201361517
    Record Year2003 (35)2008 (36)2003 (25)

UK Company Share

  1. Annual Data (2014)

    In 2014 Dudley formed 0.1% of all UK companies. This is no change on 2013 when Dudley was responsible for 0.1% of all UK companies.

    YearDudley
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1991 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Dudley
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Dudley
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1983 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change5.1%-21.9%-6.8%
    Record Year1983 (0.3%)1983 (0.2%)1992 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.2.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 42.3.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.3.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    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 2014 was 24.2%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Dudley was 2007 when 29.5% of all directors were female.

    23.1% of all director appointments in Dudley in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Dudley was in 2007 when 33.3% of all directors were female.

    25.3% of all director appointments in Dudley in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    TRANSPORT1.41%CONSULTING5.22%
    ELECTRICAL1.21%MANAGEMENT4.58%
    PROPERTY1.11%CONSULTANCY3.57%
    DUDLEY0.91%PROPERTY2.66%
    MIDLANDS0.91%CONSTRUCTION2.12%
    LOGISTICS0.91%ENGINEERING2.10%
    TRAINING0.81%CARE2.02%
    DEVELOPMENTS0.81%TRADING1.94%
    C0.81%LONDON1.93%
    J0.81%TRANSPORT1.93%
    CONSULTANTS0.71%DESIGN1.66%
    BLACK0.71%CONSULTANTS1.64%
    P0.61%ELECTRICAL1.62%
    CONSULTANCY0.61%PROPERTIES1.62%
    HOLDINGS0.61%BUSINESS1.56%
    COUNTRY0.61%J1.54%
    R0.61%CO.,1.50%
    M0.61%GLOBAL1.49%
    TRADING0.61%INVESTMENTS1.48%
    MAINTENANCE0.61%ASSOCIATES1.47%
    L0.51%DEVELOPMENTS1.35%
    CARE0.51%MEDIA1.33%
    METEOR0.51%IT1.31%
    HEALTHCARE0.51%BUILDING1.29%
    ENTERPRISES0.51%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied194265,608
    99999 - Dormant Company7848,509
    96090 - Other service activities not elsewhere classified3329,009
    49410 - Freight transport by road3210,842
    70229 - Management consultancy activities other than financial management2642,290
    82990 - Other business support service activities not elsewhere classified2458,068
    86900 - Other human health activities1812,976
    43999 - Other specialised construction activities not elsewhere classified178,761
    62020 - Information technology consultancy activities1530,178
    41100 - Development of building projects1411,397
    47910 - Retail sale via mail order houses or via Internet1410,107
    43210 - Electrical installation125,985
    47990 - Other retail sale not in stores, stalls or markets126,452
    74990 - Non-trading company1213,984
    74909 - Other professional, scientific and technical activities not elsewhere classified1219,049
    96020 - Hairdressing and other beauty treatment126,742
    43290 - Other construction installation123,286
    68209 - Other letting and operating of own or leased real estate1111,212
    56103 - Take-away food shops and mobile food stands108,318
    69202 - Bookkeeping activities103,012

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09301505 THOMAS DUDLEY (DUPORT) LIMITED 07 Nov 2014
    09303215 AUTOKAR LTD 10 Nov 2014
    09304751 JC WEDDING & PARTY SERVICES LTD 11 Nov 2014
    09308337 CAT CRECHE LIMITED 12 Nov 2014
    09308613 THE MISSING JIGSAW PIECE LIMITED 13 Nov 2014
    09312564 BAY TREE TECHSERV UK LIMITED 14 Nov 2014
    09315860 CHRISTORIA 2010 LIMITED 18 Nov 2014
    09324059 AT PHARM LTD 24 Nov 2014
    09325547 OWAISIS LIMITED 24 Nov 2014
    09326896 PINNACLE CONTRACTS (UK) LIMITED 25 Nov 2014
    09327056 HOTEL COURTHOUSE LIMITED 25 Nov 2014
    09328696 D.A.K. JOINERY & SHOPFITTING LTD 26 Nov 2014
    09302522 THE WHEATSHEAF DARBY END LIMITED 10 Nov 2014
    09308663 CICHY TRANSPORT COMPANY LTD 13 Nov 2014
    09316474 DHOKE 2 LTD 18 Nov 2014
    09317116 ABREX DISTRIBUTION LIMITED 18 Nov 2014
    09327184 ABREX WIPES LIMITED 25 Nov 2014
    09298400 HOLLOWAY PROPERTY SERVICES LTD 06 Nov 2014
    09305873 KAL TRANSPORT LTD 11 Nov 2014
    09305883 ALCHRIS LOGISTICS LTD 11 Nov 2014
    09309880 J L HAWKES HOME IMPROVEMENTS LTD 13 Nov 2014
    09311773 JT CIVIL ENGINEERING LTD 14 Nov 2014
    09313541 K POROSLO TRANSPORT LTD 17 Nov 2014
    09323142 LETSWEB LTD 21 Nov 2014
    09329744 KS COMPUTING LTD 27 Nov 2014