Kidderminster, Worcestershire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Kidderminster when compared to any year in history.
- December 2014 saw a new record in company registrations in Kidderminster when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Kidderminster when compared to any year in history.
A total of 373 companies were formed in Kidderminster in 2014. This total is 4.8% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Kidderminster UK 2014 373 582,051 2013 356 529,363 2012 313 491,893 2011 341 452,870 2010 286 400,358 Record Year 2014 (373) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 165 companies were formed in Kidderminster. This figure is 5.7% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Kidderminster occurred in 2013 when a total of 175 were formed.
Half Year (Jul-Dec) Kidderminster UK 2014 165 281,320 2013 175 259,931 % change -5.7% 8.2% Record Year 2013 (175) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 84 companies were registered in Kidderminster during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 16.7% versus the same period last year (Q4 2013). This figure compares well 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) Kidderminster UK 2014 84 137,906 2013 72 127,247 % change 16.7% 8.4% Record Year 2006 (90) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Kidderminster when compared to any previous December.
New Companies by Month
October November December New companies in 2014 29 24 31 New companies in 2013 26 27 19 % change 11.5% -11.1% 63.2% Record Year 2006 (32) 2006 (34) 2014 (31)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 239 companies were dissolved in Kidderminster in 2014. This total is 1.2% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Kidderminster UK 2014 239 367,937 2013 242 332,213 2012 190 293,729 2011 186 314,524 2010 232 342,233 Record Year 2009 (261) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 124 companies were dissolved in Kidderminster. This figure is 8.8% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Kidderminster occurred in 2013 when a total of 136 were closed.
Half Year (Jul-Dec) Kidderminster UK 2014 124 190,730 2013 136 177,021 % change -8.8% 7.7% Record Year 2013 (136) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 56 companies were dissolved in Kidderminster during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 28.2% 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) Kidderminster UK 2014 56 89,060 2013 78 90,851 % change -28.2% -2.0% Record Year 2013 (78) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 18 16 22 Closed companies in 2013 40 19 19 % change -55.0% -15.8% 16% Record Year 2013 (40) 2012 (25) 2009 (29)
Net Company Growth
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Annual Data (2014)
A total of 134 companies were added to the company register for Kidderminster in 2014. This number represents growth of 35.9% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 20 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Kidderminster company register grew by 163 companies.
Year Kidderminster UK 2014 134 214,114 2013 114 197,150 2012 123 198,164 2011 155 138,346 2010 54 58,125 Record Year 2006 (163) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Kidderminster increased by 41 companies.
Half Year (Jul-Dec) Kidderminster UK 2014 41 90,590 2013 39 82,910 Record Year 2006 (99) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Kidderminster during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 28 companies.
fourth quarter (Oct 2014 - Dec 2014) Kidderminster UK 2014 28 48,846 2013 -6 36,396 Record Year 2006 (73) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 11 8 9 Net growth in 2013 -14 8 0 Record Year 2006 (26) 2006 (29) 2006 (18)
UK Company Share
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Annual Data (2014)
In 2014 Kidderminster formed 0.1% of all UK companies. This is no change on 2013 when Kidderminster was responsible for 0.1% of all UK companies.
Year Kidderminster 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Kidderminster formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Kidderminster 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Kidderminster formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Kidderminster 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2006 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 6.1% -15.5% 39.5% Record Year 1991 (0.1%) 2000 (0.1%) 1992 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.7.
The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 45.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 45.8.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Kidderminster was 1990 when 50.0% of all directors were female.
The percentage of female directors in Kidderminster in 2014 was 30.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Kidderminster was 2006 when 39.5% of all directors were female.
29.5% of all director appointments in Kidderminster 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
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Kidderminster was in 2006 when 38.9% of all directors were female.
30.8% of all director appointments in Kidderminster 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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.13% CONSULTING 5.22% KIDDERMINSTER 0.99% MANAGEMENT 4.58% CONSULTANCY 0.85% CONSULTANCY 3.57% CONSULTING 0.85% PROPERTY 2.66% BUILDING 0.85% CONSTRUCTION 2.12% CONSULTANTS 0.71% ENGINEERING 2.10% (KIDDERMINSTER) 0.71% CARE 2.02% J 0.71% TRADING 1.94% PROPERTY 0.71% LONDON 1.93% MIDLANDS 0.71% TRANSPORT 1.93% ELECTRICAL 0.71% DESIGN 1.66% C 0.57% CONSULTANTS 1.64% PROFESSIONAL 0.57% ELECTRICAL 1.62% ENGINEERING 0.57% PROPERTIES 1.62% S 0.57% BUSINESS 1.56% M 0.57% J 1.54% CARE 0.57% CO., 1.50% HIRE 0.42% GLOBAL 1.49% BUSINESS 0.42% INVESTMENTS 1.48% ENTERPRISES 0.42% ASSOCIATES 1.47% MECHANICAL 0.42% DEVELOPMENTS 1.35% ASSOCIATES 0.42% MEDIA 1.33% MARKETING 0.42% IT 1.31% CO 0.42% BUILDING 1.29% BIRMINGHAM 0.42% M 1.22%
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 133 265,608 99999 - Dormant Company 45 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 28 19,049 82990 - Other business support service activities not elsewhere classified 23 58,068 70229 - Management consultancy activities other than financial management 22 42,290 96090 - Other service activities not elsewhere classified 18 29,009 43999 - Other specialised construction activities not elsewhere classified 16 8,761 62020 - Information technology consultancy activities 14 30,178 86900 - Other human health activities 13 12,976 69201 - Accounting and auditing activities 10 7,528 96020 - Hairdressing and other beauty treatment 8 6,742 56302 - Public houses and bars 8 6,285 45200 - Maintenance and repair of motor vehicles 8 5,425 47910 - Retail sale via mail order houses or via Internet 7 10,107 98000 - Residents property management 7 5,255 41202 - Construction of domestic buildings 7 7,559 62090 - Other information technology service activities 7 12,837 58190 - Other publishing activities 6 2,641 43210 - Electrical installation 6 5,985 33190 - Repair of other equipment 6 1,432
Recent Companies
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Randomly selected companies from this quarter
reports
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2014
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2013
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2012
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2011
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2010