Shropshire
Q1 2015 Business Confidence Report
Headlines
- February 2015 saw a new record in company registrations in Shropshire when compared to any previous February.
- January 2015 saw a new record in net growth in Shropshire when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 638 companies were registered in Shropshire during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 3.0% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Shropshire UK 2015 638 161,156 2014 658 150,722 % change -3.0% 6.9% Record Year 2014 (658) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company registrations in Shropshire when compared to any previous February.
New Companies by Month
January February March New companies in 2015 184 215 239 New companies in 2014 186 207 265 % change -1.1% 3.9% -9.8% Record Year 2013 (188) 2015 (215) 2014 (265)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 307 companies were dissolved in Shropshire during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 15.0% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Shropshire UK 2015 307 89,523 2014 361 82,370 % change -15.0% 8.7% Record Year 2009 (368) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 68 94 145 Closed companies in 2014 120 115 126 % change -43.3% -18.3% 15% Record Year 2011 (153) 2014 (115) 2009 (225)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Shropshire during the first quarter of 2015 (Jan 2015 - Mar 2015) was 331 companies.
first quarter (Jan 2015 - Mar 2015) Shropshire UK 2015 331 71,633 2014 297 68,352 Record Year 2013 (377) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
January 2015 saw a new record in net growth in Shropshire when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 116 121 94 Net growth in 2014 66 92 139 Record Year 2015 (116) 2013 (156) 2003 (205)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Shropshire formed 0.4% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Shropshire 2015 0.4% 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.5% Record Year (since 1960) 2003 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.4% 0.4% 0.4% UK formation share in 2014 0.4% 0.4% 0.5% % change -3.0% -4.3% -17.8% Record Year 1991 (0.7%) 1999 (0.6%) 2003 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 45.9.
The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.1%.
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
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Shropshire was in 2007 when 33.8% of all directors were female.
31.0% of all director appointments in Shropshire in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.98% CONSULTING 5.23% CONSULTANCY 1.61% MANAGEMENT 4.56% CONSULTING 1.51% CONSULTANCY 3.62% SHROPSHIRE 1.48% PROPERTY 2.72% PROPERTY 1.05% CONSTRUCTION 2.19% CARE 1.05% CARE 2.13% CONSTRUCTION 0.90% ENGINEERING 2.12% DEVELOPMENTS 0.77% LONDON 1.91% HOLDINGS 0.77% TRADING 1.88% ASSOCIATES 0.77% TRANSPORT 1.82% DESIGN 0.71% ELECTRICAL 1.76% ENGINEERING 0.71% DESIGN 1.65% TELFORD 0.68% PROPERTIES 1.63% J 0.65% CO., 1.58% S 0.62% J 1.55% HOMES 0.62% CONSULTANTS 1.54% SHREWSBURY 0.62% BUSINESS 1.49% ELECTRICAL 0.59% INVESTMENTS 1.49% R 0.59% GLOBAL 1.46% CONSULTANTS 0.56% ASSOCIATES 1.44% (SHROPSHIRE) 0.56% DEVELOPMENTS 1.36% TRAINING 0.56% BUILDING 1.31% HOUSE 0.56% IT 1.30% IT 0.53% MEDIA 1.28% MEDIA 0.53% M 1.27%
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 892 288,953 99999 - Dormant Company 252 49,474 70229 - Management consultancy activities other than financial management 201 43,081 62020 - Information technology consultancy activities 136 30,825 82990 - Other business support service activities not elsewhere classified 111 58,522 74909 - Other professional, scientific and technical activities not elsewhere classified 87 19,098 41100 - Development of building projects 86 11,863 96090 - Other service activities not elsewhere classified 78 29,218 49410 - Freight transport by road 64 12,485 56302 - Public houses and bars 63 6,355 86900 - Other human health activities 60 13,990 74990 - Non-trading company 59 13,794 62090 - Other information technology service activities 57 12,862 68209 - Other letting and operating of own or leased real estate 55 11,600 47990 - Other retail sale not in stores, stalls or markets 55 6,557 41202 - Construction of domestic buildings 46 7,797 69201 - Accounting and auditing activities 45 7,682 43999 - Other specialised construction activities not elsewhere classified 43 9,080 45200 - Maintenance and repair of motor vehicles 41 5,392 85590 - Other education not elsewhere classified 41 6,238
Recent Companies
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Randomly selected companies from this quarter
reports
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