Dudley, West Midlands

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Dudley when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Dudley when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Dudley when compared to any previous March.
  • March 2015 was a record month for company registrations in Dudley when compared to any month in history.
  • February 2015 saw a new record in company registrations in Dudley when compared to any previous February.
  • February 2015 was a record month for company registrations in Dudley when compared to any month in history.
  • February 2015 saw a new record in company closures 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 2015)

    Q1 2015 saw a new record in company registrations in Dudley when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Dudley when compared to any quarter in history.

    A total of 188 companies were registered in Dudley during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 23.7% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)DudleyUK
    2015188161,156
    2014152150,722
    % change23.7%6.9%
    Record Year 2015 (188) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Dudley when compared to any previous March.

    March 2015 was a record month for company registrations in Dudley when compared to any month in history.

    February 2015 saw a new record in company registrations in Dudley when compared to any previous February.

    February 2015 was a record month for company registrations in Dudley when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015486476
    New companies in 2014444860
    % change9.1%33.3%26.7%
    Record Year2013 (49)2015 (64)2015 (76)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 102 companies were dissolved in Dudley during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 41.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)DudleyUK
    201510289,523
    20147282,370
    % change41.7%8.7%
    Record Year 2015 (102) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Dudley when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015274827
    Closed companies in 2014232722
    % change17.4%77.8%23%
    Record Year2012 (46)2015 (48)2009 (65)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Dudley during the first quarter of 2015 (Jan 2015 - Mar 2015) was 86 companies.

    first quarter (Jan 2015 - Mar 2015)DudleyUK
    20158671,633
    20148068,352
    Record Year 2006 (88) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015211649
    Net growth in 2014212138
    Record Year2013 (27)2006 (27)2008 (53)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Dudley formed 0.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Dudley
    20150.1%
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.1%0.1%
    % change6.9%22.9%15.5%
    Record Year1991 (0.2%)1991 (0.1%)1977 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.9.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Dudley was in 2008 when 31.9% of all directors were female.

    25.1% of all director appointments in Dudley in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    TRANSPORT1.33%CONSULTING5.23%
    MANAGEMENT0.95%MANAGEMENT4.56%
    C0.95%CONSULTANCY3.62%
    CONSULTANCY0.95%PROPERTY2.72%
    LOGISTICS0.95%CONSTRUCTION2.19%
    MIDLANDS0.86%CARE2.13%
    PROPERTY0.86%ENGINEERING2.12%
    ELECTRICAL0.86%LONDON1.91%
    M0.86%TRADING1.88%
    DUDLEY0.86%TRANSPORT1.82%
    CARE0.76%ELECTRICAL1.76%
    J0.67%DESIGN1.65%
    DEVELOPMENTS0.67%PROPERTIES1.63%
    TRADING0.67%CO.,1.58%
    CONSTRUCTION0.57%J1.55%
    TRAINING0.57%CONSULTANTS1.54%
    HEALTHCARE0.57%BUSINESS1.49%
    BUILDING0.57%INVESTMENTS1.49%
    H0.57%GLOBAL1.46%
    S0.57%ASSOCIATES1.44%
    PROPERTIES0.57%DEVELOPMENTS1.36%
    HOLDINGS0.57%BUILDING1.31%
    (MIDLANDS)0.48%IT1.30%
    L0.48%MEDIA1.28%
    G0.48%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied228288,953
    99999 - Dormant Company7949,474
    96090 - Other service activities not elsewhere classified3329,218
    49410 - Freight transport by road3212,485
    82990 - Other business support service activities not elsewhere classified2858,522
    70229 - Management consultancy activities other than financial management2243,081
    86900 - Other human health activities1913,990
    62020 - Information technology consultancy activities1630,825
    96020 - Hairdressing and other beauty treatment156,815
    41100 - Development of building projects1511,863
    47910 - Retail sale via mail order houses or via Internet1510,200
    43999 - Other specialised construction activities not elsewhere classified149,080
    43290 - Other construction installation133,281
    43210 - Electrical installation136,139
    47990 - Other retail sale not in stores, stalls or markets126,557
    56302 - Public houses and bars126,355
    68209 - Other letting and operating of own or leased real estate1111,600
    74990 - Non-trading company1113,794
    45200 - Maintenance and repair of motor vehicles115,392
    86101 - Hospital activities105,043

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09376322 CARS OF WOLVERHAMPTON LIMITED 06 Jan 2015
    09381715 PATHWAYS CONNECT CIC 09 Jan 2015
    09383313 RAPHVIN LIMITED 12 Jan 2015
    09393912 G BROTHERS ROOFING SERVICES LIMITED 19 Jan 2015
    09396449 FIRST STOP DISCOUNT STORE LTD 20 Jan 2015
    09398603 MUNCH INN LIMITED 21 Jan 2015
    09398716 MGRS 54 LIMITED 21 Jan 2015
    09403001 OAK COURT PROPERTIES LIMITED 23 Jan 2015
    09412836 ATWELL PROPERTIES SERVICES LIMITED 29 Jan 2015
    09413688 JAMARK SERVICES LIMITED 30 Jan 2015
    09376353 S-LITE MARKETING LTD 06 Jan 2015
    09377395 WINDSOR SURVEY & CONSTRUCTION SERVICES LIMITED 07 Jan 2015
    09384049 M COLEMAN GAS LTD 12 Jan 2015
    09384455 MIDLAND TOOLSAVE PROPERTIES LTD 12 Jan 2015
    09388913 M G BUILDERS LIMITED 14 Jan 2015
    09397529 G K CATERING LTD 20 Jan 2015
    09408933 CHIBELU TRIPLE 7 LIMITED 27 Jan 2015
    09410594 QUALITY24 CARE LIMITED 28 Jan 2015
    09415426 THE MIDLANDS SHEDS & FENCING CENTRE LTD 30 Jan 2015
    09373684 ANORAY LIMITED 05 Jan 2015
    09382733 A & F CATERING SPECIALISTS LTD 12 Jan 2015
    09391618 ELYSIUM DESIGN LTD 15 Jan 2015
    09401129 THE OLD GLASSHOUSE PUB COMPANY LTD 22 Jan 2015
    09408195 WOLVERHAMPTON BUILDING SUPPLIES LIMITED 27 Jan 2015
    09415344 L COOPER ENGINEERING LIMITED 30 Jan 2015