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

  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. 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.

    YearShropshireUK
    20142,343582,051
    20132,206529,363
    20122,111491,893
    20111,990452,870
    20101,840400,358
    Record Year2014 (2,343)2014 (582,051)
    New Companies by Year
  2. 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)ShropshireUK
    20141,109281,320
    20131,044259,931
    % change6.2%8.2%
    Record Year2014 (1,109)2014 (281,320)
    New Companies by Half Year
  3. 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)ShropshireUK
    2014537137,906
    2013504127,247
    % change6.5%8.4%
    Record Year 2012 (560) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014222154161
    New companies in 2013183182139
    % change21.3%-15.4%15.8%
    Record Year2014 (222)2012 (201)2014 (161)

Closed Companies (dissolved)

  1. 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.

    YearShropshireUK
    20141,498367,937
    20131,328332,213
    20121,129293,729
    20111,217314,524
    20101,339342,233
    Record Year2009 (1,740)2009 (533,789)
    Dissolved Companies by Year
  2. 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)ShropshireUK
    2014748190,730
    2013863177,021
    % change-13.3%7.7%
    Record Year2013 (863)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)ShropshireUK
    201432889,060
    201342390,851
    % change-22.5%-2.0%
    Record Year 2013 (423) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20149688144
    Closed companies in 2013162133128
    % change-40.7%-33.8%13%
    Record Year2013 (162)2013 (133)2009 (146)

Net Company Growth

  1. 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.

    YearShropshireUK
    2014845214,114
    2013878197,150
    2012982198,164
    2011773138,346
    201050158,125
    Record Year2012 (982)2007 (237,353)
    Net Growth by Year
  2. 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)ShropshireUK
    201436190,590
    201318182,910
    Record Year2003 (724)2003 (117,772)
    Net Growth by Half Year
  3. 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)ShropshireUK
    201420948,846
    20138136,396
    Record Year 2012 (280) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141266617
    Net growth in 2013214911
    Record Year2003 (174)2003 (99)2012 (95)

UK Company Share

  1. 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.

    YearShropshire
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.5%
    Record Year (since 1960)2003 (0.5%)
    Company Share by Year
  2. 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
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.5%)
    Company Share by Half Year
  3. 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
    20140.4%
    20130.4%
    20120.5%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.3%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change15.4%-19.7%-0.9%
    Record Year2003 (0.6%)2008 (0.5%)2009 (0.6%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.81%CONSULTING5.22%
    CONSULTANCY1.60%MANAGEMENT4.58%
    CONSULTING1.50%CONSULTANCY3.57%
    SHROPSHIRE1.47%PROPERTY2.66%
    ASSOCIATES0.92%CONSTRUCTION2.12%
    PROPERTY0.80%ENGINEERING2.10%
    CARE0.77%CARE2.02%
    CONSTRUCTION0.77%TRADING1.94%
    CONSULTANTS0.71%LONDON1.93%
    ENGINEERING0.71%TRANSPORT1.93%
    DESIGN0.71%DESIGN1.66%
    S0.67%CONSULTANTS1.64%
    DEVELOPMENTS0.64%ELECTRICAL1.62%
    PROPERTIES0.64%PROPERTIES1.62%
    TELFORD0.61%BUSINESS1.56%
    M0.61%J1.54%
    T0.58%CO.,1.50%
    J0.58%GLOBAL1.49%
    TRADING0.58%INVESTMENTS1.48%
    ELECTRICAL0.58%ASSOCIATES1.47%
    IT0.58%DEVELOPMENTS1.35%
    (SHROPSHIRE)0.58%MEDIA1.33%
    TRAINING0.55%IT1.31%
    HOUSE0.55%BUILDING1.29%
    HOMES0.55%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied819265,608
    99999 - Dormant Company24248,509
    70229 - Management consultancy activities other than financial management18642,290
    62020 - Information technology consultancy activities13530,178
    82990 - Other business support service activities not elsewhere classified10958,068
    74909 - Other professional, scientific and technical activities not elsewhere classified8919,049
    41100 - Development of building projects8411,397
    96090 - Other service activities not elsewhere classified7629,009
    74990 - Non-trading company6313,984
    56302 - Public houses and bars626,285
    86900 - Other human health activities5712,976
    62090 - Other information technology service activities5612,837
    49410 - Freight transport by road5510,842
    47990 - Other retail sale not in stores, stalls or markets536,452
    68209 - Other letting and operating of own or leased real estate5311,212
    41202 - Construction of domestic buildings467,559
    69201 - Accounting and auditing activities427,528
    43999 - Other specialised construction activities not elsewhere classified418,761
    45200 - Maintenance and repair of motor vehicles395,425
    62012 - Business and domestic software development389,752

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09295889 CRYSTAL CONSTRUCTION (SHROPSHIRE) LTD 05 Nov 2014
    09298420 SAXTON ASSOCIATES LIMITED 06 Nov 2014
    09314807 SHREWSBURY HOMES (N1) LIMITED 17 Nov 2014
    09318632 FRECKLES CHILDCARE LIMITED 19 Nov 2014
    09331646 ACCUTEST 20/20 LIMITED 28 Nov 2014
    09309353 JSW TRAINING LIMITED 13 Nov 2014
    09296789 STUDIO ACOUSTICS UK LTD 05 Nov 2014
    09291552 ACS PROFESSIONAL SERVICES LIMITED 03 Nov 2014
    09312463 WAR ENTERPRISES LIMITED 14 Nov 2014
    09325990 MC CONSTRUCTION & PROPERTY SERVICES LTD 25 Nov 2014
    09331065 POTTS PROPERTY INVESTMENTS LIMITED 27 Nov 2014
    09306562 STIPERSTONES JBJ LIMITED 11 Nov 2014
    09329500 ENGLANA LIMITED 26 Nov 2014
    09313094 SEFTON CONTRACTING LIMITED 17 Nov 2014
    09327522 THE INTREPID COMMUNITY GROUP C.I.C. 25 Nov 2014
    09302905 IHEAT LTD 10 Nov 2014
    09305447 ELLIS C SWEEPS LTD 11 Nov 2014
    09310513 LBL ARRAY ANALYSIS SERVICES LIMITED 13 Nov 2014
    09297568 FUNG LTD 05 Nov 2014
    09294183 PRO-TIVITY LIMITED 04 Nov 2014
    09310738 BROADSIDE ASSET MANAGEMENT LTD 14 Nov 2014
    09313161 SUNDER CONSULTING LIMITED 17 Nov 2014
    09321539 EAST VIEW BUILDERS LIMITED 20 Nov 2014
    09297451 CLARKEWOOD LIMITED 05 Nov 2014
    09301536 SENSOTHERM INDUSTRIAL LIMITED 07 Nov 2014