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

  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 (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)SolihullUK
    2014308143,414
    2013291132,684
    % change5.8%8.1%
    Record Year 2014 (308) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 201410887113
    New companies in 20131208091
    % change-10.0%8.8%24.2%
    Record Year2013 (120)2014 (87)2014 (113)

Closed Companies (dissolved)

  1. 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)SolihullUK
    2014186101,670
    201315986,170
    % change17.0%18.0%
    Record Year 2009 (245) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014823569
    Closed companies in 2013603762
    % change36.7%-5.4%11%
    Record Year2014 (82)2008 (124)2009 (117)

Net Company Growth

  1. 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)SolihullUK
    201412241,744
    201313246,514
    Record Year 2013 (132) 2013 (46,514)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2014265244
    Net growth in 2013604329
    Record Year2007 (65)2014 (52)2002 (56)

UK Company Share

  1. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1994 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.3%0.2%0.2%
    % change-18.2%3.6%13.9%
    Record Year2007 (0.3%)1991 (0.4%)1994 (0.4%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.23%CONSULTING5.17%
    CONSULTING1.80%MANAGEMENT4.63%
    CONSULTANCY1.52%CONSULTANCY3.55%
    SOLIHULL1.31%PROPERTY2.62%
    CONSTRUCTION0.92%ENGINEERING2.07%
    PROPERTY0.87%CONSTRUCTION2.05%
    MEDIA0.82%TRADING2.00%
    MIDLANDS0.82%LONDON1.95%
    ASSOCIATES0.76%CARE1.94%
    CARE0.71%TRANSPORT1.76%
    CONSULTANTS0.65%DESIGN1.70%
    ENGINEERING0.65%CONSULTANTS1.70%
    MARKETING0.60%PROPERTIES1.63%
    DEVELOPMENTS0.60%BUSINESS1.62%
    BUSINESS0.60%J1.53%
    SPORTS0.54%ELECTRICAL1.53%
    FARM0.54%GLOBAL1.51%
    PROPERTIES0.54%INVESTMENTS1.50%
    IT0.49%ASSOCIATES1.48%
    BUILDING0.49%MEDIA1.38%
    J0.49%CO.,1.36%
    MEDICAL0.49%DEVELOPMENTS1.35%
    M0.44%BUILDING1.30%
    S0.44%IT1.30%
    (SOLIHULL)0.44%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied456278,481
    70229 - Management consultancy activities other than financial management12840,717
    99999 - Dormant Company12848,286
    82990 - Other business support service activities not elsewhere classified8457,264
    62020 - Information technology consultancy activities8029,313
    96090 - Other service activities not elsewhere classified5228,224
    41100 - Development of building projects5010,604
    74909 - Other professional, scientific and technical activities not elsewhere classified4318,890
    74990 - Non-trading company3414,006
    86900 - Other human health activities3111,807
    86210 - General medical practice activities314,406
    68100 - Buying and selling of own real estate296,595
    47910 - Retail sale via mail order houses or via Internet299,914
    68209 - Other letting and operating of own or leased real estate2410,361
    62012 - Business and domestic software development249,675
    69201 - Accounting and auditing activities237,401
    43999 - Other specialised construction activities not elsewhere classified228,501
    86220 - Specialists medical practice activities213,889
    96020 - Hairdressing and other beauty treatment186,630
    62090 - Other information technology service activities1712,795

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09111764 PPS WORKS LIMITED 02 Jul 2014
    09111938 TOPTEC DENT LAB LIMITED 02 Jul 2014
    09112188 SHAPLA (SHIRLEY) LIMITED 02 Jul 2014
    09117614 EXELR8 LIMITED 04 Jul 2014
    09131937 AM & MK SOLUTIONS LTD 15 Jul 2014
    09134235 PAT CHEN HR LIMITED 16 Jul 2014
    09134550 MORGAN PARKES PERMANENT RECRUITMENT LIMITED 17 Jul 2014
    09135999 THOMPSON & CO (RISK SOLUTIONS) LTD 17 Jul 2014
    09141700 SPORTS THERAPY MIDLANDS LTD 22 Jul 2014
    09149606 LE FRE LTD 28 Jul 2014
    09151624 R K ELECTRICAL MIDLANDS LIMITED 29 Jul 2014
    09152348 BLUCON COMMUNITY FOUNDATION C.I.C. 29 Jul 2014
    09121562 PLUS GOLD REFINING LIMITED 08 Jul 2014
    09136952 SIX EIGHTY LIMITED 18 Jul 2014
    09139007 FIRST SEARCH MARKETING LIMITED 21 Jul 2014
    09143283 KANDTRINA CARE LIMITED 23 Jul 2014
    09110178 VBACS LIMITED 01 Jul 2014
    09125977 AJ SPORTS EDUCATION LIMITED 11 Jul 2014
    09126015 BEAUTY & CO (SOLIHULL) LIMITED 11 Jul 2014
    09132332 APP (MIDLANDS) LIMITED 15 Jul 2014
    09134487 MORGAN PARKES TEMPORARY RECRUITMENT LIMITED 16 Jul 2014
    09146119 MASSAGE THE SENSES LTD 24 Jul 2014
    09149697 ALL YOU NEED CARE LTD 28 Jul 2014
    09110860 JAKCO SPACE ENGINEERING LIMITED 01 Jul 2014
    09135838 BLOWKES BARBERS LTD 17 Jul 2014