Shrewsbury, Shropshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Shrewsbury when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Shrewsbury when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Shrewsbury when compared to any previous Q4.
- October 2014 saw a new record in company registrations in Shrewsbury when compared to any previous October.
- The second half of 2014 saw a new record in company closures in Shrewsbury when compared to any previous second half year.
- December 2014 saw a new record in company closures in Shrewsbury when compared to any previous December.
- November 2014 saw a new record in company closures in Shrewsbury when compared to any previous November.
- October 2014 saw a new record in net growth in Shrewsbury when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Shrewsbury when compared to any year in history.
A total of 753 companies were formed in Shrewsbury in 2014. This total is 7.4% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Shrewsbury UK 2014 753 582,051 2013 701 529,363 2012 660 491,893 2011 651 452,870 2010 608 400,358 Record Year 2014 (753) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Shrewsbury when compared to any previous second half year.
In the second half of 2014 a total of 355 companies were formed in Shrewsbury. This figure is 13.1% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Shrewsbury occurred in 2014 when a total of 355 were formed.
Half Year (Jul-Dec) Shrewsbury UK 2014 355 281,320 2013 314 259,931 % change 13.1% 8.2% Record Year 2014 (355) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Shrewsbury when compared to any previous Q4.
A total of 179 companies were registered in Shrewsbury during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 9.1% versus the same period last year (Q4 2013). This figure compares equally 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) Shrewsbury UK 2014 179 137,906 2013 164 127,247 % change 9.1% 8.4% Record Year 2014 (179) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in Shrewsbury when compared to any previous October.
New Companies by Month
October November December New companies in 2014 78 54 47 New companies in 2013 61 50 53 % change 27.9% 8.0% -11.3% Record Year 2014 (78) 2011 (66) 2009 (61)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 462 companies were dissolved in Shrewsbury in 2014. This total is 19.7% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Shrewsbury UK 2014 462 367,937 2013 386 332,213 2012 330 293,729 2011 340 314,524 2010 386 342,233 Record Year 2009 (488) 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 Shrewsbury when compared to any previous second half year.
In the second half of 2014 a total of 248 companies were dissolved in Shrewsbury. This figure is 8.8% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Shrewsbury occurred in 2014 when a total of 248 were closed.
Half Year (Jul-Dec) Shrewsbury UK 2014 248 190,730 2013 228 177,021 % change 8.8% 7.7% Record Year 2014 (248) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 117 companies were dissolved in Shrewsbury 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) Shrewsbury UK 2014 117 89,060 2013 117 90,851 % change 0.0% -2.0% Record Year 2013 (117) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Shrewsbury when compared to any previous December.
November 2014 saw a new record in company closures in Shrewsbury when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2014 28 36 53 Closed companies in 2013 49 36 32 % change -42.9% 0.0% 66% Record Year 2013 (49) 2013 (36) 2014 (53)
Net Company Growth
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Annual Data (2014)
A total of 291 companies were added to the company register for Shrewsbury in 2014. This number represents growth of 38.6% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 24 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Shrewsbury company register grew by 332 companies.
Year Shrewsbury UK 2014 291 214,114 2013 315 197,150 2012 330 198,164 2011 311 138,346 2010 222 58,125 Record Year 2007 (332) 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 Shrewsbury increased by 107 companies.
Half Year (Jul-Dec) Shrewsbury UK 2014 107 90,590 2013 86 82,910 Record Year 2003 (227) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Shrewsbury during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 62 companies.
fourth quarter (Oct 2014 - Dec 2014) Shrewsbury UK 2014 62 48,846 2013 47 36,396 Record Year 2006 (87) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Shrewsbury when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 50 18 -6 Net growth in 2013 12 14 21 Record Year 2014 (50) 2008 (35) 2012 (36)
UK Company Share
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Annual Data (2014)
In 2014 Shrewsbury formed 0.1% of all UK companies. This is no change on 2013 when Shrewsbury was responsible for 0.1% of all UK companies.
Year Shrewsbury 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.2% Record Year (since 1960) 2003 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Shrewsbury formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Shrewsbury 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Shrewsbury formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Shrewsbury 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1998 (0.2%) 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% 0.2% % change 21.6% 2.5% -24.1% Record Year 2001 (0.2%) 1998 (0.2%) 2009 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.6.
The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.5% 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 46.2.
The percentage of directors under the age of 25 was 8.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.5% 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 46.1.
The percentage of directors under the age of 25 was 9.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.1% 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 Shrewsbury was 1982 when 100.0% of all directors were female.
The percentage of female directors in Shrewsbury in 2014 was 28.5%. 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 Shrewsbury was 2005 when 33.6% of all directors were female.
26.7% of all director appointments in Shrewsbury 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 Shrewsbury was in 2005 when 31.5% of all directors were female.
27.8% of all director appointments in Shrewsbury 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 2.14% CONSULTING 5.22% SHROPSHIRE 1.99% MANAGEMENT 4.58% SHREWSBURY 1.23% CONSULTANCY 3.57% CONSULTANCY 1.15% PROPERTY 2.66% CONSULTING 1.07% CONSTRUCTION 2.12% CONSTRUCTION 0.84% ENGINEERING 2.10% ASSOCIATES 0.77% CARE 2.02% CARE 0.77% TRADING 1.94% MEDIA 0.77% LONDON 1.93% DESIGN 0.77% TRANSPORT 1.93% PROPERTIES 0.69% DESIGN 1.66% PROPERTY 0.69% CONSULTANTS 1.64% TRAINING 0.69% ELECTRICAL 1.62% ENGINEERING 0.69% PROPERTIES 1.62% HOMES 0.69% BUSINESS 1.56% DEVELOPMENTS 0.61% J 1.54% CAPITAL 0.61% CO., 1.50% COMMUNITY 0.61% GLOBAL 1.49% CENTRE 0.54% INVESTMENTS 1.48% (SHREWSBURY) 0.54% ASSOCIATES 1.47% HOLDINGS 0.54% DEVELOPMENTS 1.35% BUSINESS 0.46% MEDIA 1.33% ELECTRICAL 0.46% IT 1.31% (SHROPSHIRE) 0.38% BUILDING 1.29% INTEREST 0.38% 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 242 265,608 99999 - Dormant Company 83 48,509 70229 - Management consultancy activities other than financial management 73 42,290 82990 - Other business support service activities not elsewhere classified 42 58,068 62020 - Information technology consultancy activities 40 30,178 41100 - Development of building projects 28 11,397 98000 - Residents property management 26 5,255 74909 - Other professional, scientific and technical activities not elsewhere classified 24 19,049 68209 - Other letting and operating of own or leased real estate 23 11,212 69102 - Solicitors 20 2,677 74990 - Non-trading company 19 13,984 69201 - Accounting and auditing activities 18 7,528 49410 - Freight transport by road 18 10,842 86900 - Other human health activities 18 12,976 56302 - Public houses and bars 17 6,285 96090 - Other service activities not elsewhere classified 17 29,009 43999 - Other specialised construction activities not elsewhere classified 13 8,761 43220 - Plumbing, heat and air-conditioning installation 13 5,189 62012 - Business and domestic software development 13 9,752 74901 - Environmental consulting activities 13 1,608
Recent Companies
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Randomly selected companies from this quarter
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