Shrewsbury, Shropshire
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Shrewsbury when compared to any previous Q3.
- July 2014 saw a new record in company closures in Shrewsbury when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Shrewsbury when compared to any previous Q3.
A total of 176 companies were registered in Shrewsbury during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 17.3% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Shrewsbury UK 2014 176 143,414 2013 150 132,684 % change 17.3% 8.1% Record Year 2014 (176) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 62 60 54 New companies in 2013 52 47 51 % change 19.2% 27.7% 5.9% Record Year 2004 (63) 2011 (60) 2003 (72)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 131 companies were dissolved in Shrewsbury during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 18.0% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Shrewsbury UK 2014 131 101,670 2013 111 86,170 % change 18.0% 18.0% Record Year 2009 (137) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Shrewsbury when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 44 39 48 Closed companies in 2013 35 20 56 % change 25.7% 95.0% -14% Record Year 2014 (44) 2008 (66) 2009 (70)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Shrewsbury during the third quarter of 2014 (Jul 2014 - Sep 2014) was 45 companies.
third quarter (Jul 2014 - Sep 2014) Shrewsbury UK 2014 45 41,744 2013 39 46,514 Record Year 2011 (81) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 18 21 6 Net growth in 2013 17 27 -5 Record Year 2004 (49) 2011 (32) 2003 (53)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Shrewsbury formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Shrewsbury 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2004 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 8.4% 21.7% -2.9% Record Year 2004 (0.2%) 2001 (0.2%) 2003 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 46.3.
The percentage of directors under the age of 25 was 8.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Shrewsbury was in 2007 when 36.6% of all directors were female.
25.7% of all director appointments in Shrewsbury in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.95% CONSULTING 5.17% SHROPSHIRE 1.64% MANAGEMENT 4.63% CONSULTANCY 1.33% CONSULTANCY 3.55% CONSULTING 1.17% PROPERTY 2.62% SHREWSBURY 1.09% ENGINEERING 2.07% PROPERTIES 0.86% CONSTRUCTION 2.05% MEDIA 0.86% TRADING 2.00% PROPERTY 0.78% LONDON 1.95% ENGINEERING 0.78% CARE 1.94% CONSTRUCTION 0.70% TRANSPORT 1.76% CARE 0.63% DESIGN 1.70% DESIGN 0.63% CONSULTANTS 1.70% HOMES 0.55% PROPERTIES 1.63% COMMUNITY 0.55% BUSINESS 1.62% ASSOCIATES 0.55% J 1.53% TRAINING 0.55% ELECTRICAL 1.53% CENTRE 0.55% GLOBAL 1.51% T 0.55% INVESTMENTS 1.50% M 0.55% ASSOCIATES 1.48% (SHREWSBURY) 0.47% MEDIA 1.38% BUILDING 0.47% CO., 1.36% R 0.47% DEVELOPMENTS 1.35% J 0.47% BUILDING 1.30% IT 0.47% IT 1.30% BAR 0.47% M 1.23%
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 257 278,481 99999 - Dormant Company 80 48,286 70229 - Management consultancy activities other than financial management 69 40,717 82990 - Other business support service activities not elsewhere classified 46 57,264 62020 - Information technology consultancy activities 43 29,313 98000 - Residents property management 26 5,047 74909 - Other professional, scientific and technical activities not elsewhere classified 24 18,890 68209 - Other letting and operating of own or leased real estate 24 10,361 69102 - Solicitors 22 2,595 41100 - Development of building projects 22 10,604 74990 - Non-trading company 20 14,006 86900 - Other human health activities 20 11,807 96090 - Other service activities not elsewhere classified 18 28,224 69201 - Accounting and auditing activities 17 7,401 49410 - Freight transport by road 17 9,960 56302 - Public houses and bars 16 6,056 43220 - Plumbing, heat and air-conditioning installation 15 5,083 68320 - Management of real estate on a fee or contract basis 13 5,749 47910 - Retail sale via mail order houses or via Internet 13 9,914 43290 - Other construction installation 13 3,244
Recent Companies
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Randomly selected companies from this quarter
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