Solihull, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Solihull when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Solihull when compared to any quarter in history.
  • January 2014 saw a new record in company registrations in Solihull when compared to any previous January.
  • February 2014 saw a new record in company closures in Solihull when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Solihull when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Solihull when compared to any quarter in history.

    A total of 303 companies were registered in Solihull during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SolihullUK
    2014303150,722
    2013284134,802
    % change6.7%11.8%
    Record Year 2014 (303) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in company registrations in Solihull when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201411581107
    New companies in 2013919499
    % change26.4%-13.8%8.1%
    Record Year2014 (115)2012 (96)2007 (119)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 186 companies were dissolved in Solihull during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 9.7% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SolihullUK
    201418682,370
    201320677,914
    % change-9.7%5.7%
    Record Year 2013 (206) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Solihull when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014587355
    Closed companies in 2013736865
    % change-20.5%7.4%-15%
    Record Year2013 (73)2014 (73)2009 (106)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Solihull during the first quarter of 2014 (Jan 2014 - Mar 2014) was 117 companies.

    first quarter (Jan 2014 - Mar 2014)SolihullUK
    201411768,352
    20137856,888
    Record Year 2012 (194) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201457852
    Net growth in 2013182634
    Record Year2012 (58)2012 (59)2007 (80)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Solihull formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Solihull
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change18.2%-20.4%-9.8%
    Record Year1997 (0.4%)1991 (0.3%)1988 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 45.2.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Solihull was in 2006 when 30.8% of all directors were female.

    27.5% of all director appointments in Solihull in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.05%CONSULTING5.22%
    MANAGEMENT1.87%MANAGEMENT4.67%
    SOLIHULL1.38%CONSULTANCY3.49%
    CONSULTANCY1.32%PROPERTY2.64%
    PROPERTY0.96%TRADING2.05%
    ASSOCIATES0.90%LONDON1.88%
    MEDICAL0.84%ENGINEERING1.86%
    CONSTRUCTION0.66%CARE1.79%
    J0.66%CONSTRUCTION1.75%
    MEDIA0.66%DESIGN1.75%
    MIDLANDS0.60%CONSULTANTS1.73%
    TRAINING0.60%BUSINESS1.71%
    BUSINESS0.54%PROPERTIES1.60%
    P0.54%INVESTMENTS1.60%
    BUILDING0.54%GLOBAL1.58%
    PROPERTIES0.54%J1.48%
    ESTATES0.54%ASSOCIATES1.48%
    ENTERPRISES0.48%MEDIA1.48%
    FINANCIAL0.48%IT1.33%
    ROSCONN0.48%TRANSPORT1.30%
    CONSULTANTS0.48%DEVELOPMENTS1.29%
    PARTNERSHIP0.42%BUILDING1.24%
    DESIGN0.42%M1.21%
    S0.42%CAPITAL1.20%
    C0.42%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied464280,210
    70229 - Management consultancy activities other than financial management12337,882
    99999 - Dormant Company11547,084
    82990 - Other business support service activities not elsewhere classified8156,411
    62020 - Information technology consultancy activities6727,750
    96090 - Other service activities not elsewhere classified5526,700
    41100 - Development of building projects479,855
    74909 - Other professional, scientific and technical activities not elsewhere classified4218,491
    74990 - Non-trading company3814,135
    86900 - Other human health activities2910,273
    47910 - Retail sale via mail order houses or via Internet299,358
    86210 - General medical practice activities283,987
    69201 - Accounting and auditing activities237,313
    68100 - Buying and selling of own real estate225,920
    86220 - Specialists medical practice activities213,680
    96020 - Hairdressing and other beauty treatment216,236
    68209 - Other letting and operating of own or leased real estate209,284
    62012 - Business and domestic software development199,509
    43390 - Other building completion and finishing175,521
    43999 - Other specialised construction activities not elsewhere classified178,155

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08921167 BOOTH LAND LIMITED 04 Mar 2014
    08925102 ROSCONN (DENMAN) LIMITED 06 Mar 2014
    08933031 NEST PROP MANAGEMENT LIMITED 11 Mar 2014
    08964180 BALTI TOWER LIMITED 28 Mar 2014
    08965685 MK2 REAL ESTATE ASSET MANAGEMENT LIMITED 28 Mar 2014
    OC391850 DARLASTON CIVILS LLP 10 Mar 2014
    08926699 SOLIHULL TUITION LIMITED 06 Mar 2014
    08926714 BYBI LIMITED 06 Mar 2014
    08929242 PHOENIX FAMILY SERVICES LTD 07 Mar 2014
    08934114 VIPER GOLF MANAGEMENT LTD 11 Mar 2014
    08935279 DH & CO PR AND MARKETING LTD 12 Mar 2014
    08937477 ECO SOLUTIONS (UK) LIMITED 13 Mar 2014
    08940959 GROWTH PLANS LIMITED 17 Mar 2014
    08950981 SAMBOURN CLOSE 1950 LIMITED 20 Mar 2014
    08957286 EMO CONTRACT MANAGEMENT LIMITED 25 Mar 2014
    08919771 BELCROFT LIMITED 03 Mar 2014
    08924378 RESTELL ROOFING CONTRACTING LIMITED 05 Mar 2014
    08928894 COMPLETE BUILD CONTRACTORS LIMITED 07 Mar 2014
    08930724 PHILPS CONSULTING LIMITED 10 Mar 2014
    08957495 HEADSTART PRIVATE TUITION LTD 25 Mar 2014
    08958304 RECODED LIMITED 25 Mar 2014
    08964298 FEDERATION OF BANGLADESHI BUSINESS UK 28 Mar 2014
    08936034 D J SHEWARD PLASTERING LIMITED 12 Mar 2014
    08942932 SIMPLY IMAGINE LIMITED 17 Mar 2014
    08957592 INBOX CONSULTING LIMITED 25 Mar 2014