Smethwick, West Midlands

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Smethwick when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Smethwick when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Smethwick when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Smethwick when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Smethwick when compared to any previous December.
  • November 2014 saw a new record in company registrations in Smethwick when compared to any previous November.
  • November 2014 saw a new record in company closures in Smethwick when compared to any previous November.
  • December 2014 saw a new record in net growth in Smethwick when compared to any previous December.
  • The record second half year for female directors in Smethwick was 2014 when 26.2% of all directors were female.

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 Smethwick when compared to any year in history.

    A total of 493 companies were formed in Smethwick in 2014. This total is 4.0% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearSmethwickUK
    2014493582,051
    2013474529,363
    2012400491,893
    2011326452,870
    2010282400,358
    Record Year2014 (493)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 Smethwick when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Smethwick when compared to any half year in history.

    In the second half of 2014 a total of 251 companies were formed in Smethwick. This figure is 11.6% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Smethwick occurred in 2014 when a total of 251 were formed.

    Half Year (Jul-Dec)SmethwickUK
    2014251281,320
    2013225259,931
    % change11.6%8.2%
    Record Year2014 (251)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Smethwick when compared to any previous Q4.

    A total of 130 companies were registered in Smethwick during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 4.8% versus the same period last year (Q4 2013). This figure compares badly 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)SmethwickUK
    2014130137,906
    2013124127,247
    % change4.8%8.4%
    Record Year 2014 (130) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Smethwick when compared to any previous December.

    November 2014 saw a new record in company registrations in Smethwick when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014344848
    New companies in 2013543733
    % change-37.0%29.7%45.5%
    Record Year2013 (54)2014 (48)2014 (48)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 298 companies were dissolved in Smethwick 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.

    YearSmethwickUK
    2014298367,937
    2013249332,213
    2012210293,729
    2011222314,524
    2010256342,233
    Record Year2009 (363)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 164 companies were dissolved in Smethwick. This figure is 21.5% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Smethwick occurred in 2009 when a total of 186 were closed.

    Half Year (Jul-Dec)SmethwickUK
    2014164190,730
    2013135177,021
    % change21.5%7.7%
    Record Year2009 (186)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 82 companies were dissolved in Smethwick during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 18.8% 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)SmethwickUK
    20148289,060
    20136990,851
    % change18.8%-2.0%
    Record Year 2014 (82) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company closures in Smethwick when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014243622
    Closed companies in 2013281823
    % change-14.3%100.0%-4%
    Record Year2013 (28)2014 (36)2009 (28)

Net Company Growth

  1. Annual Data (2014)

    A total of 195 companies were added to the company register for Smethwick in 2014. This number represents growth of 39.6% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 30 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Smethwick company register grew by 225 companies.

    YearSmethwickUK
    2014195214,114
    2013225197,150
    2012190198,164
    2011104138,346
    20102658,125
    Record Year2013 (225)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Smethwick increased by 87 companies.

    Half Year (Jul-Dec)SmethwickUK
    20148790,590
    20139082,910
    Record Year2008 (91)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Smethwick during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 48 companies.

    fourth quarter (Oct 2014 - Dec 2014)SmethwickUK
    20144848,846
    20135536,396
    Record Year 2008 (71) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in net growth in Smethwick when compared to any previous December.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014101226
    Net growth in 2013261910
    Record Year2008 (35)2008 (24)2014 (26)

UK Company Share

  1. Annual Data (2014)

    In 2014 Smethwick formed 0.1% of all UK companies. This is no change on 2013 when Smethwick was responsible for 0.1% of all UK companies.

    YearSmethwick
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2013 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Smethwick formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Smethwick
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Smethwick formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Smethwick
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2008 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-40.0%23.2%24.4%
    Record Year2008 (0.1%)2014 (0.1%)2014 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 39.5.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.8% 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 38.9.

    The percentage of directors under the age of 25 was 0.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 7.4% 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 38.2.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 8.3% 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 Smethwick was 1988 when 66.7% of all directors were female.

    The percentage of female directors in Smethwick in 2014 was 25.1%. 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 Smethwick was 2014 when 26.2% of all directors were female.

    26.2% of all director appointments in Smethwick 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 Smethwick was in 2013 when 24.2% of all directors were female.

    23.0% of all director appointments in Smethwick 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
    CONSULTANCY1.06%CONSULTING5.22%
    TRADING0.94%MANAGEMENT4.58%
    TRANSPORT0.94%CONSULTANCY3.57%
    S0.82%PROPERTY2.66%
    CARE0.71%CONSTRUCTION2.12%
    MIDLANDS0.71%ENGINEERING2.10%
    40.59%CARE2.02%
    COURIER0.59%TRADING1.94%
    CHICKEN0.59%LONDON1.93%
    CONSULTING0.59%TRANSPORT1.93%
    R0.59%DESIGN1.66%
    EXPRESS0.59%CONSULTANTS1.64%
    TRAVEL0.59%ELECTRICAL1.62%
    BUILDERS0.59%PROPERTIES1.62%
    ENTERPRISES0.47%BUSINESS1.56%
    ENTERTAINMENT0.47%J1.54%
    CAFE0.47%CO.,1.50%
    HEALTHCARE0.47%GLOBAL1.49%
    (WM)0.47%INVESTMENTS1.48%
    TRANS0.47%ASSOCIATES1.47%
    PROPERTY0.47%DEVELOPMENTS1.35%
    BUILDING0.47%MEDIA1.33%
    INVESTMENTS0.47%IT1.31%
    ASSOCIATES0.47%BUILDING1.29%
    BAR0.47%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied308265,608
    99999 - Dormant Company2648,509
    49410 - Freight transport by road2110,842
    96090 - Other service activities not elsewhere classified1929,009
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating164,167
    70229 - Management consultancy activities other than financial management1642,290
    68209 - Other letting and operating of own or leased real estate1511,212
    86900 - Other human health activities1512,976
    56103 - Take-away food shops and mobile food stands148,318
    82990 - Other business support service activities not elsewhere classified1458,068
    86101 - Hospital activities124,366
    62020 - Information technology consultancy activities1130,178
    45200 - Maintenance and repair of motor vehicles115,425
    85590 - Other education not elsewhere classified96,206
    47620 - Retail sale of newspapers and stationery in specialised stores9312
    43999 - Other specialised construction activities not elsewhere classified88,761
    88990 - Other social work activities without accommodation not elsewhere classified84,756
    53202 - Unlicensed carrier81,102
    41202 - Construction of domestic buildings87,559
    56302 - Public houses and bars86,285

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09333780 HSS PROJECTS LIMITED 01 Dec 2014
    09335347 JASSAVON UK LIMITED 01 Dec 2014
    09336623 AMBER PROPERTIES (A) LIMITED 02 Dec 2014
    09340855 OLMIK LTD 04 Dec 2014
    09342240 PD DELIVERY SERVICES LTD 05 Dec 2014
    09345187 FAMECORP LTD 08 Dec 2014
    09346309 TBC TRANS LTD 08 Dec 2014
    09346884 YASMIN AKTHER LIMITED 09 Dec 2014
    09350662 PURE PERI PERI LTD 11 Dec 2014
    09350704 V & L TRAIDING LIMITED 11 Dec 2014
    09352703 HIGH ANGLE PRODUCTIONS LIMITED 12 Dec 2014
    09355608 JENZO LTD 15 Dec 2014
    09356477 MJSA ASSOCIATES LTD 16 Dec 2014
    09358495 LBW (UK) LTD 17 Dec 2014
    09359798 OCEANA PIZZA LIMITED 18 Dec 2014
    09362066 META 24 LTD 19 Dec 2014
    09363269 SOAPNSOAK LIMITED 22 Dec 2014
    09363289 GOLDEN WALKING THERAPIES LTD 22 Dec 2014
    09364550 SOAP&SOAK LIMITED 22 Dec 2014
    09366439 AUTOFIT BODYWORKS LIMITED 23 Dec 2014
    09369203 CANDY LAND LTD 29 Dec 2014
    09337087 INFRATECH (SC) LIMITED 02 Dec 2014
    09358976 SENORTH COURIERS LTD 17 Dec 2014
    09364098 AK ENTERPRISE SOLUTIONS LIMITED 22 Dec 2014
    09364333 F1 IT SERVICES LIMITED 22 Dec 2014

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