Solihull, West Midlands

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Solihull when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Solihull when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Solihull when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Solihull when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Solihull when compared to any previous June.
  • May 2014 saw a new record in company registrations in Solihull when compared to any previous May.
  • May 2014 was a record month for company registrations in Solihull when compared to any month in history.
  • April 2014 saw a new record in company registrations in Solihull when compared to any previous April.
  • April 2014 saw a new record in net growth in Solihull when compared to any previous April.
  • The record first half year for female directors in Solihull was 2014 when 30.8% of all directors were female.
  • The record second quarter for female directors in Solihull was in 2014 when 33.0% 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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Solihull when compared to any previous first half year.

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

    In the first half of 2014 a total of 653 companies were formed in Solihull. This figure is 23.0% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Solihull occurred in 2014 when a total of 653 were formed.

    Half Year (Jan-Jun)SolihullUK
    2014653300,731
    2013531269,432
    % change23.0%11.6%
    Record Year2014 (653)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Solihull when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Solihull when compared to any quarter in history.

    A total of 350 companies were registered in Solihull during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 41.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)SolihullUK
    2014350150,009
    2013247134,630
    % change41.7%11.4%
    Record Year 2014 (350) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    May 2014 was a record month for company registrations in Solihull when compared to any month in history.

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

    New Companies by Month
    AprilMayJune
    New companies in 2014113123114
    New companies in 2013789376
    % change44.9%32.3%50.0%
    Record Year2014 (113)2014 (123)2014 (114)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 379 companies were dissolved in Solihull. This figure is 7.1% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Solihull occurred in 2009 when a total of 518 were closed.

    Half Year (Jan-Jun)SolihullUK
    2014379177,207
    2013354155,192
    % change7.1%14.2%
    Record Year2009 (518)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 193 companies were dissolved in Solihull during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 30.4% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)SolihullUK
    201419394,837
    201314877,278
    % change30.4%22.7%
    Record Year 2009 (331) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014349465
    Closed companies in 2013345460
    % change0.0%74.1%8%
    Record Year2009 (92)2009 (146)2009 (93)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Solihull increased by 274 companies.

    Half Year (Jan-Jun)SolihullUK
    2014274123,524
    2013177114,240
    Record Year2012 (325)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Solihull during the second quarter of 2014 (Apr 2014 - Jun 2014) was 157 companies.

    second quarter (Apr 2014 - Jun 2014)SolihullUK
    201415755,172
    20139957,352
    Record Year 2014 (157) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Solihull when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 2014792949
    Net growth in 2013443916
    Record Year2014 (79)2003 (41)2003 (60)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Solihull formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Solihull
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Solihull
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.3%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change30.7%22.1%30.0%
    Record Year1998 (0.4%)1992 (0.3%)1996 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

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

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Solihull was 2014 when 30.8% of all directors were female.

    30.8% of all director appointments in Solihull in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Solihull was in 2014 when 33.0% of all directors were female.

    33.0% of all director appointments in Solihull in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.12%CONSULTING5.16%
    CONSULTING2.01%MANAGEMENT4.64%
    CONSULTANCY1.51%CONSULTANCY3.50%
    SOLIHULL1.34%PROPERTY2.66%
    PROPERTY0.95%TRADING2.03%
    CONSTRUCTION0.84%ENGINEERING1.99%
    MEDIA0.78%CONSTRUCTION1.93%
    MEDICAL0.78%LONDON1.93%
    MIDLANDS0.72%CARE1.85%
    ASSOCIATES0.72%DESIGN1.75%
    BUSINESS0.67%CONSULTANTS1.73%
    PROPERTIES0.61%BUSINESS1.69%
    ENGINEERING0.56%PROPERTIES1.63%
    J0.56%TRANSPORT1.58%
    M0.56%GLOBAL1.55%
    CONSULTANTS0.56%INVESTMENTS1.55%
    COMMERCIAL0.50%J1.51%
    TRAINING0.50%ASSOCIATES1.48%
    FINANCIAL0.45%MEDIA1.44%
    DEVELOPMENTS0.45%ELECTRICAL1.40%
    ENERGY0.45%IT1.33%
    DESIGN0.45%DEVELOPMENTS1.33%
    ESTATES0.39%BUILDING1.26%
    ONE0.39%M1.24%
    TECHNOLOGIES0.39%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied417261,557
    70229 - Management consultancy activities other than financial management12440,250
    99999 - Dormant Company12448,436
    82990 - Other business support service activities not elsewhere classified8257,421
    62020 - Information technology consultancy activities7529,029
    96090 - Other service activities not elsewhere classified5828,352
    41100 - Development of building projects4910,527
    74909 - Other professional, scientific and technical activities not elsewhere classified4219,058
    74990 - Non-trading company3414,351
    86900 - Other human health activities3311,292
    86210 - General medical practice activities304,176
    68100 - Buying and selling of own real estate286,413
    47910 - Retail sale via mail order houses or via Internet269,900
    86220 - Specialists medical practice activities223,855
    43999 - Other specialised construction activities not elsewhere classified218,533
    68209 - Other letting and operating of own or leased real estate2110,133
    62012 - Business and domestic software development209,834
    69201 - Accounting and auditing activities207,415
    96020 - Hairdressing and other beauty treatment186,631
    62090 - Other information technology service activities1613,024

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09070377 GPN ENGINEERING LIMITED 04 Jun 2014
    09078195 FRESHDEAL LTD 10 Jun 2014
    09078197 TRACKERTRADE LTD 10 Jun 2014
    09087174 S MCCARTHY ODP LTD 16 Jun 2014
    09091863 CONTAINER TRAINER LIMITED 18 Jun 2014
    09095289 THE SHIRLEY EXPRESS LTD 20 Jun 2014
    09101483 CHANA FOOD SUPPLIES LIMITED 25 Jun 2014
    09102678 MORGAN PARKES RECRUITMENT LIMITED 25 Jun 2014
    09102816 DIXY SHIRLEY LTD 25 Jun 2014
    09104224 ARBURY HALL LIMITED 26 Jun 2014
    09080188 SPJ IT SOLUTIONS LTD 10 Jun 2014
    09080496 SUPASOCKET LIMITED 11 Jun 2014
    09080582 SUPERSOCKET LIMITED 11 Jun 2014
    09092778 UNIXCENTRAL INTERNATIONAL LIMITED 19 Jun 2014
    09107638 TRP COMMERCIAL RECRUITMENT LTD 30 Jun 2014
    09067279 ALDRED COMMERCIAL SERVICES LIMITED 03 Jun 2014
    09079381 DESIGNATE A DRIVER LIMITED 10 Jun 2014
    09083337 COPES ELECTRICAL LIMITED 12 Jun 2014
    09085441 SANGUINE TECHNOLOGIES LTD 13 Jun 2014
    09091713 MADE DIGITAL MEDIA LIMITED 18 Jun 2014
    09097525 HARRY TECH LIMITED 23 Jun 2014
    09100681 PEAK IT CONSULTANTS LIMITED 24 Jun 2014
    09071065 GEORGE BUSINESS SOLUTIONS LIMITED 04 Jun 2014
    09073663 ROY RICHARDS LTD 05 Jun 2014
    09085559 MINTSOURCE CONSULTING LTD 13 Jun 2014