Solihull, West Midlands
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Solihull when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Solihull when compared to any previous September.
- August 2014 saw a new record in company registrations in Solihull when compared to any previous August.
- July 2014 saw a new record in company closures in Solihull when compared to any previous July.
- August 2014 saw a new record in net growth in Solihull when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Solihull when compared to any previous Q3.
A total of 308 companies were registered in Solihull during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 5.8% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Solihull UK 2014 308 143,414 2013 291 132,684 % change 5.8% 8.1% Record Year 2014 (308) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Solihull when compared to any previous September.
August 2014 saw a new record in company registrations in Solihull when compared to any previous August.
New Companies by Month
July August September New companies in 2014 108 87 113 New companies in 2013 120 80 91 % change -10.0% 8.8% 24.2% Record Year 2013 (120) 2014 (87) 2014 (113)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 186 companies were dissolved in Solihull during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 17.0% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Solihull UK 2014 186 101,670 2013 159 86,170 % change 17.0% 18.0% Record Year 2009 (245) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Solihull when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 82 35 69 Closed companies in 2013 60 37 62 % change 36.7% -5.4% 11% Record Year 2014 (82) 2008 (124) 2009 (117)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Solihull during the third quarter of 2014 (Jul 2014 - Sep 2014) was 122 companies.
third quarter (Jul 2014 - Sep 2014) Solihull UK 2014 122 41,744 2013 132 46,514 Record Year 2013 (132) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
August 2014 saw a new record in net growth in Solihull when compared to any previous August.
Net Growth by Month
July August September Net growth in 2014 26 52 44 Net growth in 2013 60 43 29 Record Year 2007 (65) 2014 (52) 2002 (56)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Solihull formed 0.2% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Solihull 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1994 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.3% 0.2% 0.2% % change -18.2% 3.6% 13.9% Record Year 2007 (0.3%) 1991 (0.4%) 1994 (0.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.5.
The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Solihull was in 2005 when 31.0% of all directors were female.
27.7% of all director appointments in Solihull in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.23% CONSULTING 5.17% CONSULTING 1.80% MANAGEMENT 4.63% CONSULTANCY 1.52% CONSULTANCY 3.55% SOLIHULL 1.31% PROPERTY 2.62% CONSTRUCTION 0.92% ENGINEERING 2.07% PROPERTY 0.87% CONSTRUCTION 2.05% MEDIA 0.82% TRADING 2.00% MIDLANDS 0.82% LONDON 1.95% ASSOCIATES 0.76% CARE 1.94% CARE 0.71% TRANSPORT 1.76% CONSULTANTS 0.65% DESIGN 1.70% ENGINEERING 0.65% CONSULTANTS 1.70% MARKETING 0.60% PROPERTIES 1.63% DEVELOPMENTS 0.60% BUSINESS 1.62% BUSINESS 0.60% J 1.53% SPORTS 0.54% ELECTRICAL 1.53% FARM 0.54% GLOBAL 1.51% PROPERTIES 0.54% INVESTMENTS 1.50% IT 0.49% ASSOCIATES 1.48% BUILDING 0.49% MEDIA 1.38% J 0.49% CO., 1.36% MEDICAL 0.49% DEVELOPMENTS 1.35% M 0.44% BUILDING 1.30% S 0.44% IT 1.30% (SOLIHULL) 0.44% M 1.23%
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 456 278,481 70229 - Management consultancy activities other than financial management 128 40,717 99999 - Dormant Company 128 48,286 82990 - Other business support service activities not elsewhere classified 84 57,264 62020 - Information technology consultancy activities 80 29,313 96090 - Other service activities not elsewhere classified 52 28,224 41100 - Development of building projects 50 10,604 74909 - Other professional, scientific and technical activities not elsewhere classified 43 18,890 74990 - Non-trading company 34 14,006 86900 - Other human health activities 31 11,807 86210 - General medical practice activities 31 4,406 68100 - Buying and selling of own real estate 29 6,595 47910 - Retail sale via mail order houses or via Internet 29 9,914 68209 - Other letting and operating of own or leased real estate 24 10,361 62012 - Business and domestic software development 24 9,675 69201 - Accounting and auditing activities 23 7,401 43999 - Other specialised construction activities not elsewhere classified 22 8,501 86220 - Specialists medical practice activities 21 3,889 96020 - Hairdressing and other beauty treatment 18 6,630 62090 - Other information technology service activities 17 12,795
Recent Companies
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Randomly selected companies from this quarter
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