Market Drayton, Shropshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Market Drayton when compared to any year in history.
  • December 2014 saw a new record in company closures in Market Drayton when compared to any previous December.
  • October 2014 saw a new record in company closures in Market Drayton 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 Market Drayton when compared to any year in history.

    A total of 119 companies were formed in Market Drayton in 2014. This total is 17.8% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMarket DraytonUK
    2014119582,051
    2013101529,363
    2012101491,893
    2011109452,870
    201076400,358
    Record Year2014 (119)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 54 companies were formed in Market Drayton. This figure is 3.8% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Market Drayton occurred in 2003 when a total of 67 were formed.

    Half Year (Jul-Dec)Market DraytonUK
    201454281,320
    201352259,931
    % change3.8%8.2%
    Record Year2003 (67)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 24 companies were registered in Market Drayton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 4.3% 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)Market DraytonUK
    201424137,906
    201323127,247
    % change4.3%8.4%
    Record Year 2009 (24) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141248
    New companies in 20131193
    % change9.1%-55.6%166.7%
    Record Year2007 (13)2000 (11)2009 (10)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 69 companies were dissolved in Market Drayton in 2014. This total is 25.5% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearMarket DraytonUK
    201469367,937
    201355332,213
    201271293,729
    201159314,524
    201049342,233
    Record Year2009 (87)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 41 companies were dissolved in Market Drayton. This figure is 2.4% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Market Drayton occurred in 2013 when a total of 42 were closed.

    Half Year (Jul-Dec)Market DraytonUK
    201441190,730
    201342177,021
    % change-2.4%7.7%
    Record Year2013 (42)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 24 companies were dissolved in Market Drayton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 0.0% versus the same period last year (Q4 2013). This figure compares poorly 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)Market DraytonUK
    20142489,060
    20132490,851
    % change0.0%-2.0%
    Record Year 2013 (24) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Market Drayton when compared to any previous December.

    October 2014 saw a new record in company closures in Market Drayton when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20141338
    Closed companies in 2013897
    % change62.5%-66.7%14%
    Record Year2014 (13)2013 (9)2014 (8)

Net Company Growth

  1. Annual Data (2014)

    A total of 50 companies were added to the company register for Market Drayton in 2014. This number represents growth of 42.0% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 4 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2005 when the Market Drayton company register grew by 60 companies.

    YearMarket DraytonUK
    201450214,114
    201346197,150
    201230198,164
    201150138,346
    20102758,125
    Record Year2005 (60)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Market Drayton increased by 13 companies.

    Half Year (Jul-Dec)Market DraytonUK
    20141390,590
    20131082,910
    Record Year2003 (50)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Market Drayton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 0 companies.

    fourth quarter (Oct 2014 - Dec 2014)Market DraytonUK
    2014048,846
    2013-136,396
    Record Year 2011 (15) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014-110
    Net growth in 201330-4
    Record Year2007 (13)2000 (9)1997 (7)

UK Company Share

  1. Annual Data (2014)

    In 2014 Market Drayton formed 0.0% of all UK companies. This is no change on 2013 when Market Drayton was responsible for 0.0% of all UK companies.

    YearMarket Drayton
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2003 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Market Drayton formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Market Drayton
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2003 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Market Drayton formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Market Drayton
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2000 (0.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change3.6%-57.9%127.6%
    Record Year1990 (0.0%)2000 (0.1%)1997 (0.0%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.3.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.7% 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 43.3.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.9% 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 41.2.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.2% 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 Market Drayton was 1996 when 47.1% of all directors were female.

    The percentage of female directors in Market Drayton in 2014 was 29.2%. 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 Market Drayton was 2006 when 44.2% of all directors were female.

    30.5% of all director appointments in Market Drayton 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 Market Drayton was in 2012 when 40.5% of all directors were female.

    22.2% of all director appointments in Market Drayton 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
    CONSULTANCY2.38%CONSULTING5.22%
    T1.19%MANAGEMENT4.58%
    ENERGY1.19%CONSULTANCY3.57%
    MARKET1.19%PROPERTY2.66%
    DRAYTON1.19%CONSTRUCTION2.12%
    CONSULTING1.19%ENGINEERING2.10%
    TYRES0.79%CARE2.02%
    PRECISION0.79%TRADING1.94%
    SHROPSHIRE0.79%LONDON1.93%
    AT0.79%TRANSPORT1.93%
    MORRIS0.79%DESIGN1.66%
    KENT0.79%CONSULTANTS1.64%
    PROPERTIES0.79%ELECTRICAL1.62%
    CLASSIC0.79%PROPERTIES1.62%
    MEDICAL0.79%BUSINESS1.56%
    ENGINEERING0.79%J1.54%
    20140.79%CO.,1.50%
    FARM0.79%GLOBAL1.49%
    CLUB0.79%INVESTMENTS1.48%
    PARTNERSHIP0.79%ASSOCIATES1.47%
    STORES0.79%DEVELOPMENTS1.35%
    J0.79%MEDIA1.33%
    ADVANCED0.79%IT1.31%
    PROPERTY0.79%BUILDING1.29%
    PLASTICS0.79%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied35265,608
    70229 - Management consultancy activities other than financial management1042,290
    99999 - Dormant Company748,509
    96090 - Other service activities not elsewhere classified529,009
    41202 - Construction of domestic buildings47,559
    93290 - Other amusement and recreation activities not elsewhere classified42,590
    56101 - Licensed restaurants48,782
    49410 - Freight transport by road410,842
    41100 - Development of building projects411,397
    56302 - Public houses and bars46,285
    45200 - Maintenance and repair of motor vehicles45,425
    47990 - Other retail sale not in stores, stalls or markets36,452
    46900 - Non-specialised wholesale trade33,333
    82990 - Other business support service activities not elsewhere classified358,068
    81300 - Landscape service activities32,017
    93199 - Other sports activities34,176
    62020 - Information technology consultancy activities330,178
    82110 - Combined office administrative service activities32,565
    43910 - Roofing activities31,475
    47250 - Retail sale of beverages in specialised stores3559

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09340891 MEADOWBRAE CONSULTING LIMITED 04 Dec 2014
    09342404 IPS AT EDDIE STOBART LIMITED 05 Dec 2014
    09347795 MORRIS ARB LIMITED 09 Dec 2014
    09354199 H & A LOCKE TRADING LIMITED 15 Dec 2014
    09356557 PROCARE CONSULTANCY SERVICES LIMITED 16 Dec 2014
    09357459 HAPPY PIGS CONSULTANCY LIMITED 16 Dec 2014
    09363564 MINSHALL CONSTRUCTION (UK) LIMITED 22 Dec 2014
    09365742 TRRRIO TRAINING AND CONSULTANCY LIMITED 23 Dec 2014

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