Motherwell, Lanarkshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company closures in Motherwell when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Motherwell when compared to any previous second half year.
- The second half of 2014 was a record second half year for company closures in Motherwell when compared to any half year in history.
- November 2014 saw a new record in company closures in Motherwell when compared to any previous November.
- October 2014 saw a new record in company closures in Motherwell when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
A total of 305 companies were formed in Motherwell 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 Motherwell UK 2014 305 582,051 2013 291 529,363 2012 539 491,893 2011 320 452,870 2010 205 400,358 Record Year 2012 (539) 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 147 companies were formed in Motherwell. This figure is 31.3% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Motherwell occurred in 2012 when a total of 235 were formed.
Half Year (Jul-Dec) Motherwell UK 2014 147 281,320 2013 112 259,931 % change 31.3% 8.2% Record Year 2012 (235) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 76 companies were registered in Motherwell during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 61.7% 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) Motherwell UK 2014 76 137,906 2013 47 127,247 % change 61.7% 8.4% Record Year 2011 (110) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 27 24 25 New companies in 2013 14 19 14 % change 92.9% 26.3% 78.6% Record Year 2012 (44) 2011 (39) 2011 (28)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Motherwell when compared to any year in history.
A total of 195 companies were dissolved in Motherwell in 2014. This total is 18.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Motherwell UK 2014 195 367,937 2013 164 332,213 2012 131 293,729 2011 123 314,524 2010 138 342,233 Record Year 2014 (195) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Motherwell when compared to any previous second half year.
The second half of 2014 was a record second half year for company closures in Motherwell when compared to any half year in history.
In the second half of 2014 a total of 100 companies were dissolved in Motherwell. This figure is 9.9% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Motherwell occurred in 2014 when a total of 100 were closed.
Half Year (Jul-Dec) Motherwell UK 2014 100 190,730 2013 91 177,021 % change 9.9% 7.7% Record Year 2014 (100) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 52 companies were dissolved in Motherwell during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 20.9% 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) Motherwell UK 2014 52 89,060 2013 43 90,851 % change 20.9% -2.0% Record Year 2014 (52) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company closures in Motherwell when compared to any previous November.
October 2014 saw a new record in company closures in Motherwell when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2014 19 17 16 Closed companies in 2013 11 16 16 % change 72.7% 6.3% 0% Record Year 2014 (19) 2014 (17) 2014 (16)
Net Company Growth
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Annual Data (2014)
A total of 110 companies were added to the company register for Motherwell in 2014. This number represents growth of 36.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 17 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Motherwell company register grew by 408 companies.
Year Motherwell UK 2014 110 214,114 2013 127 197,150 2012 408 198,164 2011 197 138,346 2010 67 58,125 Record Year 2012 (408) 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 Motherwell increased by 47 companies.
Half Year (Jul-Dec) Motherwell UK 2014 47 90,590 2013 21 82,910 Record Year 2012 (175) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Motherwell during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 24 companies.
fourth quarter (Oct 2014 - Dec 2014) Motherwell UK 2014 24 48,846 2013 4 36,396 Record Year 2011 (71) 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 8 7 9 Net growth in 2013 3 3 -2 Record Year 2012 (34) 2011 (26) 2011 (15)
UK Company Share
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Annual Data (2014)
In 2014 Motherwell formed 0.1% of all UK companies. This is no change on 2013 when Motherwell was responsible for 0.1% of all UK companies.
Year Motherwell 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2012 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Motherwell formed 0.1% of all UK companies. This is more than the 2013 figure of 0.0%.
Half Year (Jul-Dec) Motherwell 2014 0.1% 2013 0.0% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2012 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Motherwell formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Motherwell 2014 0.1% 2013 0.0% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2011 (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 0.0% 0.0% 0.0% % change 83.7% 20.0% 52.8% Record Year 2011 (0.1%) 2011 (0.1%) 1991 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.2.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.7% 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 44.2.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.5% 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 44.2.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.4% 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 Motherwell was 1990 when 44.1% of all directors were female.
The percentage of female directors in Motherwell in 2014 was 27.2%. 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 Motherwell was 2010 when 34.7% of all directors were female.
22.4% of all director appointments in Motherwell 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 Motherwell was in 2010 when 38.5% of all directors were female.
22.4% of all director appointments in Motherwell 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 MOTHERWELL 1.39% CONSULTING 5.22% PARCH 1.22% MANAGEMENT 4.58% ELECTRICAL 1.22% CONSULTANCY 3.57% CONSULTANCY 1.05% PROPERTY 2.66% SCOTLAND 1.05% CONSTRUCTION 2.12% MANAGEMENT 1.05% ENGINEERING 2.10% CONSULTING 0.87% CARE 2.02% (SCOTLAND) 0.87% TRADING 1.94% HAIR 0.70% LONDON 1.93% MLD 0.70% TRANSPORT 1.93% BUSINESS 0.70% DESIGN 1.66% J 0.70% CONSULTANTS 1.64% ZAMBONINI 0.70% ELECTRICAL 1.62% S 0.70% PROPERTIES 1.62% ENERGY 0.70% BUSINESS 1.56% PROPERTIES 0.70% J 1.54% PROPERTY 0.70% CO., 1.50% CONTRACTS 0.52% GLOBAL 1.49% CARE 0.52% INVESTMENTS 1.48% ACCOUNTANCY 0.52% ASSOCIATES 1.47% TRAVEL 0.52% DEVELOPMENTS 1.35% INSPECTION 0.52% MEDIA 1.33% ALL 0.52% IT 1.31% TECHNICAL 0.52% BUILDING 1.29% RAIL 0.52% 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 99999 - Dormant Company 328 48,509 None Supplied 161 265,608 82990 - Other business support service activities not elsewhere classified 36 58,068 96090 - Other service activities not elsewhere classified 23 29,009 70229 - Management consultancy activities other than financial management 16 42,290 78109 - Other activities of employment placement agencies 12 4,182 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 11 4,167 71129 - Other engineering activities 10 6,132 62020 - Information technology consultancy activities 9 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 9 19,049 56302 - Public houses and bars 8 6,285 56103 - Take-away food shops and mobile food stands 7 8,318 43910 - Roofing activities 7 1,475 74990 - Non-trading company 6 13,984 45200 - Maintenance and repair of motor vehicles 6 5,425 69201 - Accounting and auditing activities 5 7,528 56290 - Other food services 5 4,616 41202 - Construction of domestic buildings 5 7,559 86900 - Other human health activities 5 12,976 56101 - Licensed restaurants 4 8,782
Recent Companies
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Randomly selected companies from this quarter
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