Shropshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Shropshire when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Shropshire when compared to any previous second half year.
- December 2014 saw a new record in company registrations in Shropshire when compared to any previous December.
- October 2014 saw a new record in company registrations in Shropshire 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 Shropshire when compared to any year in history.
A total of 2,343 companies were formed in Shropshire in 2014. This total is 6.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Shropshire UK 2014 2,343 582,051 2013 2,206 529,363 2012 2,111 491,893 2011 1,990 452,870 2010 1,840 400,358 Record Year 2014 (2,343) 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 Shropshire when compared to any previous second half year.
In the second half of 2014 a total of 1,109 companies were formed in Shropshire. This figure is 6.2% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Shropshire occurred in 2014 when a total of 1,109 were formed.
Half Year (Jul-Dec) Shropshire UK 2014 1,109 281,320 2013 1,044 259,931 % change 6.2% 8.2% Record Year 2014 (1,109) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 537 companies were registered in Shropshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 6.5% 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) Shropshire UK 2014 537 137,906 2013 504 127,247 % change 6.5% 8.4% Record Year 2012 (560) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Shropshire when compared to any previous December.
October 2014 saw a new record in company registrations in Shropshire when compared to any previous October.
New Companies by Month
October November December New companies in 2014 222 154 161 New companies in 2013 183 182 139 % change 21.3% -15.4% 15.8% Record Year 2014 (222) 2012 (201) 2014 (161)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 1,498 companies were dissolved in Shropshire in 2014. This total is 12.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Shropshire UK 2014 1,498 367,937 2013 1,328 332,213 2012 1,129 293,729 2011 1,217 314,524 2010 1,339 342,233 Record Year 2009 (1,740) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 748 companies were dissolved in Shropshire. This figure is 13.3% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Shropshire occurred in 2013 when a total of 863 were closed.
Half Year (Jul-Dec) Shropshire UK 2014 748 190,730 2013 863 177,021 % change -13.3% 7.7% Record Year 2013 (863) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 328 companies were dissolved in Shropshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 22.5% versus the same period last year (Q4 2013). This figure compares well 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) Shropshire UK 2014 328 89,060 2013 423 90,851 % change -22.5% -2.0% Record Year 2013 (423) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 96 88 144 Closed companies in 2013 162 133 128 % change -40.7% -33.8% 13% Record Year 2013 (162) 2013 (133) 2009 (146)
Net Company Growth
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Annual Data (2014)
A total of 845 companies were added to the company register for Shropshire 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 33 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Shropshire company register grew by 982 companies.
Year Shropshire UK 2014 845 214,114 2013 878 197,150 2012 982 198,164 2011 773 138,346 2010 501 58,125 Record Year 2012 (982) 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 Shropshire increased by 361 companies.
Half Year (Jul-Dec) Shropshire UK 2014 361 90,590 2013 181 82,910 Record Year 2003 (724) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Shropshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 209 companies.
fourth quarter (Oct 2014 - Dec 2014) Shropshire UK 2014 209 48,846 2013 81 36,396 Record Year 2012 (280) 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 126 66 17 Net growth in 2013 21 49 11 Record Year 2003 (174) 2003 (99) 2012 (95)
UK Company Share
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Annual Data (2014)
In 2014 Shropshire formed 0.4% of all UK companies. This is no change on 2013 when Shropshire was responsible for 0.4% of all UK companies.
Year Shropshire 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.5% Record Year (since 1960) 2003 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Shropshire formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.
Half Year (Jul-Dec) Shropshire 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2003 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Shropshire formed 0.4% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Shropshire 2014 0.4% 2013 0.4% 2012 0.5% 2011 0.4% 2010 0.4% Record Year (since 1960) 2003 (0.5%) 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 0.4% 0.3% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change 15.4% -19.7% -0.9% Record Year 2003 (0.6%) 2008 (0.5%) 2009 (0.6%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.5.
The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.2% 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 45.0.
The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.2% 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 44.8.
The percentage of directors under the age of 25 was 6.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.7% 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 Shropshire was 2003 when 35.1% of all directors were female.
The percentage of female directors in Shropshire in 2014 was 30.2%. 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 Shropshire was 2006 when 34.3% of all directors were female.
30.2% of all director appointments in Shropshire 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 Shropshire was in 2011 when 32.2% of all directors were female.
29.5% of all director appointments in Shropshire 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 1.81% CONSULTING 5.22% CONSULTANCY 1.60% MANAGEMENT 4.58% CONSULTING 1.50% CONSULTANCY 3.57% SHROPSHIRE 1.47% PROPERTY 2.66% ASSOCIATES 0.92% CONSTRUCTION 2.12% PROPERTY 0.80% ENGINEERING 2.10% CARE 0.77% CARE 2.02% CONSTRUCTION 0.77% TRADING 1.94% CONSULTANTS 0.71% LONDON 1.93% ENGINEERING 0.71% TRANSPORT 1.93% DESIGN 0.71% DESIGN 1.66% S 0.67% CONSULTANTS 1.64% DEVELOPMENTS 0.64% ELECTRICAL 1.62% PROPERTIES 0.64% PROPERTIES 1.62% TELFORD 0.61% BUSINESS 1.56% M 0.61% J 1.54% T 0.58% CO., 1.50% J 0.58% GLOBAL 1.49% TRADING 0.58% INVESTMENTS 1.48% ELECTRICAL 0.58% ASSOCIATES 1.47% IT 0.58% DEVELOPMENTS 1.35% (SHROPSHIRE) 0.58% MEDIA 1.33% TRAINING 0.55% IT 1.31% HOUSE 0.55% BUILDING 1.29% HOMES 0.55% 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 819 265,608 99999 - Dormant Company 242 48,509 70229 - Management consultancy activities other than financial management 186 42,290 62020 - Information technology consultancy activities 135 30,178 82990 - Other business support service activities not elsewhere classified 109 58,068 74909 - Other professional, scientific and technical activities not elsewhere classified 89 19,049 41100 - Development of building projects 84 11,397 96090 - Other service activities not elsewhere classified 76 29,009 74990 - Non-trading company 63 13,984 56302 - Public houses and bars 62 6,285 86900 - Other human health activities 57 12,976 62090 - Other information technology service activities 56 12,837 49410 - Freight transport by road 55 10,842 47990 - Other retail sale not in stores, stalls or markets 53 6,452 68209 - Other letting and operating of own or leased real estate 53 11,212 41202 - Construction of domestic buildings 46 7,559 69201 - Accounting and auditing activities 42 7,528 43999 - Other specialised construction activities not elsewhere classified 41 8,761 45200 - Maintenance and repair of motor vehicles 39 5,425 62012 - Business and domestic software development 38 9,752
Recent Companies
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Randomly selected companies from this quarter
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