Shrewsbury, Shropshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Shrewsbury when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Shrewsbury when compared to any half year in history.
  • April 2014 saw a new record in company registrations in Shrewsbury when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

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

    The first half of 2014 was a record first half year for company registrations in Shrewsbury when compared to any half year in history.

    In the first half of 2014 a total of 398 companies were formed in Shrewsbury. This figure is 2.8% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Shrewsbury occurred in 2014 when a total of 398 were formed.

    Half Year (Jan-Jun)ShrewsburyUK
    2014398300,731
    2013387269,432
    % change2.8%11.6%
    Record Year2014 (398)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 169 companies were registered in Shrewsbury during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 10.6% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)ShrewsburyUK
    2014169150,009
    2013189134,630
    % change-10.6%11.4%
    Record Year 2013 (189) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company registrations in Shrewsbury when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014685051
    New companies in 2013657054
    % change4.6%-28.6%-5.6%
    Record Year2014 (68)2013 (70)2010 (57)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 214 companies were dissolved in Shrewsbury. This figure is 35.4% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Shrewsbury occurred in 2009 when a total of 259 were closed.

    Half Year (Jan-Jun)ShrewsburyUK
    2014214177,207
    2013158155,192
    % change35.4%14.2%
    Record Year2009 (259)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 113 companies were dissolved in Shrewsbury during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 28.4% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)ShrewsburyUK
    201411394,837
    20138877,278
    % change28.4%22.7%
    Record Year 2009 (130) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014314834
    Closed companies in 2013243133
    % change29.2%54.8%3%
    Record Year2012 (34)2009 (65)2009 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Shrewsbury increased by 184 companies.

    Half Year (Jan-Jun)ShrewsburyUK
    2014184123,524
    2013229114,240
    Record Year2003 (245)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Shrewsbury during the second quarter of 2014 (Apr 2014 - Jun 2014) was 56 companies.

    second quarter (Apr 2014 - Jun 2014)ShrewsburyUK
    20145655,172
    201310157,352
    Record Year 2007 (104) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201437217
    Net growth in 2013413921
    Record Year2013 (41)2003 (56)2003 (42)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

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

    Half Year (Jan-Jun)Shrewsbury
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.2%
    Record Year (since 1960) 2003 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Shrewsbury formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Shrewsbury
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.2%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.2%0.1%
    % change-5.6%-34.1%-18.1%
    Record Year1992 (0.2%)2002 (0.2%)1992 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 47.0.

    The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 47.0.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Shrewsbury was 2006 when 34.3% of all directors were female.

    30.1% of all director appointments in Shrewsbury in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Shrewsbury was in 2006 when 39.2% of all directors were female.

    29.2% of all director appointments in Shrewsbury in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.70%CONSULTING5.16%
    SHROPSHIRE1.53%MANAGEMENT4.64%
    SHREWSBURY1.45%CONSULTANCY3.50%
    CONSULTING1.29%PROPERTY2.66%
    CONSULTANCY1.29%TRADING2.03%
    PROPERTY0.97%ENGINEERING1.99%
    PROPERTIES0.89%CONSTRUCTION1.93%
    MEDIA0.81%LONDON1.93%
    CARE0.57%CARE1.85%
    (SHREWSBURY)0.57%DESIGN1.75%
    ENGINEERING0.57%CONSULTANTS1.73%
    M0.57%BUSINESS1.69%
    ASSOCIATES0.48%PROPERTIES1.63%
    DESIGN0.48%TRANSPORT1.58%
    DEVELOPMENTS0.48%GLOBAL1.55%
    BAR0.48%INVESTMENTS1.55%
    HOMES0.48%J1.51%
    T0.48%ASSOCIATES1.48%
    J0.48%MEDIA1.44%
    BUILDING0.48%ELECTRICAL1.40%
    ELECTRICAL0.48%IT1.33%
    CREATIVE0.40%DEVELOPMENTS1.33%
    SAFETY0.40%BUILDING1.26%
    CLINICAL0.40%M1.24%
    CENTRE0.40%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied233261,557
    99999 - Dormant Company8048,436
    70229 - Management consultancy activities other than financial management7440,250
    82990 - Other business support service activities not elsewhere classified4957,421
    62020 - Information technology consultancy activities4529,029
    74909 - Other professional, scientific and technical activities not elsewhere classified2619,058
    68209 - Other letting and operating of own or leased real estate2410,133
    69102 - Solicitors232,627
    98000 - Residents property management235,046
    41100 - Development of building projects2210,527
    74990 - Non-trading company2214,351
    86900 - Other human health activities2011,292
    69201 - Accounting and auditing activities187,415
    96090 - Other service activities not elsewhere classified1728,352
    56302 - Public houses and bars156,099
    43220 - Plumbing, heat and air-conditioning installation145,075
    47910 - Retail sale via mail order houses or via Internet149,900
    62012 - Business and domestic software development149,834
    68320 - Management of real estate on a fee or contract basis135,731
    62090 - Other information technology service activities1313,024

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09026810 CARING ANGELS HOME CARE LIMITED 07 May 2014
    09028050 FRESH LANE MEDIA LIMITED 07 May 2014
    09030642 SHREWSBURY HOMES (C1) LIMITED 08 May 2014
    09034208 BREAD AND LOAF LIMITED 12 May 2014
    09034977 Z&Z 16 LIMITED 12 May 2014
    09040560 TUDOR APARTMENTS MANAGEMENT COMPANY (SHREWSBURY) LIMITED 14 May 2014
    09051091 MILWARD SCAFFOLD SERVICES LIMITED 21 May 2014
    09055198 ILS REINFORCED CONCRETE LTD 23 May 2014
    09034395 KVS ENGINEERING SERVICES LIMITED 12 May 2014
    09037373 M & L ENGINEERING (UK) LTD 13 May 2014
    09044372 MAYFLOWER GARDENS (BURBAGE) MANAGEMENT COMPANY LIMITED 16 May 2014
    09053436 CADOGAN SEARCH AND SELECTION LIMITED 22 May 2014
    09054041 CADOGAN EXECUTIVE SEARCH LIMITED 23 May 2014
    09060689 HARTLEY INCUBATOR CIC 28 May 2014
    09021278 ROCK MARKETING & EVENTS LIMITED 01 May 2014
    09026688 QUAL-ME LTD 07 May 2014
    09028431 M2PROJECTS LTD 07 May 2014
    09029223 CREATIVE INDUSTRY LTD 08 May 2014
    09038548 JOHNNY WILKES INDEPENDENT CONSULTANT LIMITED 14 May 2014
    09044967 SABRINA HOLDINGS (SHROPSHIRE) LTD 16 May 2014
    09048648 MY DESTINATION SHROPSHIRE LIMITED 20 May 2014
    09055857 TAYLOR & CO VALUATIONS LTD 27 May 2014
    09049833 BVCCS LIMITED 21 May 2014
    09052407 ADLEBURY LIMITED 22 May 2014
    09025345 SHORTWAVE AUDIO (HOLDINGS) LTD 06 May 2014