Solihull, West Midlands
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Solihull when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Solihull when compared to any previous second half year.
- November 2014 saw a new record in company registrations in Solihull when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Solihull when compared to any year in history.
A total of 1,218 companies were formed in Solihull in 2014. This total is 12.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Solihull UK 2014 1,218 582,051 2013 1,086 529,363 2012 1,051 491,893 2011 917 452,870 2010 875 400,358 Record Year 2014 (1,218) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Solihull when compared to any previous second half year.
In the second half of 2014 a total of 565 companies were formed in Solihull. This figure is 1.8% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Solihull occurred in 2014 when a total of 565 were formed.
Half Year (Jul-Dec) Solihull UK 2014 565 281,320 2013 555 259,931 % change 1.8% 8.2% Record Year 2014 (565) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 257 companies were registered in Solihull during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 2.7% 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) Solihull UK 2014 257 137,906 2013 264 127,247 % change -2.7% 8.4% Record Year 2013 (264) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company registrations in Solihull when compared to any previous November.
New Companies by Month
October November December New companies in 2014 94 99 64 New companies in 2013 108 86 70 % change -13.0% 15.1% -8.6% Record Year 2013 (108) 2014 (99) 2013 (70)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 745 companies were dissolved in Solihull in 2014. This total is 9.2% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Solihull UK 2014 745 367,937 2013 682 332,213 2012 520 293,729 2011 614 314,524 2010 686 342,233 Record Year 2009 (927) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 366 companies were dissolved in Solihull. This figure is 11.6% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Solihull occurred in 2009 when a total of 409 were closed.
Half Year (Jul-Dec) Solihull UK 2014 366 190,730 2013 328 177,021 % change 11.6% 7.7% Record Year 2009 (409) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 180 companies were dissolved in Solihull during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 6.5% 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) Solihull UK 2014 180 89,060 2013 169 90,851 % change 6.5% -2.0% Record Year 2014 (180) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 64 55 61 Closed companies in 2013 60 46 63 % change 6.7% 19.6% -3% Record Year 2001 (85) 2009 (62) 2013 (63)
Net Company Growth
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Annual Data (2014)
A total of 473 companies were added to the company register for Solihull in 2014. This number represents growth of 38.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 69 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Solihull company register grew by 531 companies.
Year Solihull UK 2014 473 214,114 2013 404 197,150 2012 531 198,164 2011 303 138,346 2010 189 58,125 Record Year 2012 (531) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Solihull increased by 199 companies.
Half Year (Jul-Dec) Solihull UK 2014 199 90,590 2013 227 82,910 Record Year 2013 (227) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Solihull during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 77 companies.
fourth quarter (Oct 2014 - Dec 2014) Solihull UK 2014 77 48,846 2013 95 36,396 Record Year 2012 (101) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 30 44 3 Net growth in 2013 48 40 7 Record Year 2013 (48) 2003 (49) 2007 (43)
UK Company Share
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Annual Data (2014)
In 2014 Solihull formed 0.2% of all UK companies. This is no change on 2013 when Solihull was responsible for 0.2% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Solihull formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Solihull formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Solihull 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2001 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -17.2% 9.3% -21.8% Record Year 2001 (0.3%) 1990 (0.3%) 1997 (0.3%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.9.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.5.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 44.6.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Solihull was 1980 when 66.7% of all directors were female.
The percentage of female directors in Solihull in 2014 was 28.6%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Solihull was 2005 when 32.3% of all directors were female.
25.6% of all director appointments in Solihull 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
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Solihull was in 2005 when 33.7% of all directors were female.
23.1% of all director appointments in Solihull 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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.38% CONSULTING 5.22% CONSULTING 2.05% MANAGEMENT 4.58% CONSULTANCY 1.51% CONSULTANCY 3.57% SOLIHULL 1.08% PROPERTY 2.66% CONSTRUCTION 0.86% CONSTRUCTION 2.12% MEDIA 0.70% ENGINEERING 2.10% CONSULTANTS 0.70% CARE 2.02% CARE 0.70% TRADING 1.94% MIDLANDS 0.70% LONDON 1.93% ASSOCIATES 0.65% TRANSPORT 1.93% ENGINEERING 0.59% DESIGN 1.66% BUILDING 0.59% CONSULTANTS 1.64% SPORTS 0.59% ELECTRICAL 1.62% ROSCONN 0.54% PROPERTIES 1.62% MEDICAL 0.54% BUSINESS 1.56% J 0.54% J 1.54% FARM 0.54% CO., 1.50% MARKETING 0.54% GLOBAL 1.49% SYSTEMS 0.49% INVESTMENTS 1.48% DEVELOPMENTS 0.49% ASSOCIATES 1.47% PROPERTY 0.49% DEVELOPMENTS 1.35% (SOLIHULL) 0.49% MEDIA 1.33% IT 0.49% IT 1.31% M 0.49% BUILDING 1.29% (MIDLANDS) 0.49% M 1.22%
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 421 265,608 70229 - Management consultancy activities other than financial management 132 42,290 99999 - Dormant Company 125 48,509 62020 - Information technology consultancy activities 94 30,178 82990 - Other business support service activities not elsewhere classified 82 58,068 41100 - Development of building projects 52 11,397 96090 - Other service activities not elsewhere classified 49 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 45 19,049 74990 - Non-trading company 33 13,984 86210 - General medical practice activities 32 4,591 86900 - Other human health activities 31 12,976 47910 - Retail sale via mail order houses or via Internet 31 10,107 68209 - Other letting and operating of own or leased real estate 28 11,212 68100 - Buying and selling of own real estate 28 7,106 69201 - Accounting and auditing activities 25 7,528 86220 - Specialists medical practice activities 23 4,031 62012 - Business and domestic software development 22 9,752 62090 - Other information technology service activities 22 12,837 96020 - Hairdressing and other beauty treatment 21 6,742 43999 - Other specialised construction activities not elsewhere classified 21 8,761
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09335007 TRADE TEAM WM LTD 01 Dec 2014 09352174 RICHARD CULLEN INSIGHT LTD 12 Dec 2014 09352503 OK HOMES LIMITED 12 Dec 2014 09355314 MCMS (UK) LIMITED 15 Dec 2014 09367866 FLOWSCENT LIMITED 29 Dec 2014 09340651 HOME CHOICE CARPETS & FLOORING LIMITED 04 Dec 2014 09342256 MK1 SITE SERVICES LTD 05 Dec 2014 09345031 NEW LUCK LTD 08 Dec 2014 09345511 JINJA AUTOMOTIVE LIMITED 08 Dec 2014 09349531 JORDAN ENERGY CONSULTING LIMITED 10 Dec 2014 09350769 SHAH PRESTIGE LTD 11 Dec 2014 09355032 MXCHINE LTD 15 Dec 2014 09358159 GOORNEY CALIBRATION SERVICES LIMITED 17 Dec 2014 09349547 J C R CATERING (MIDLANDS) LTD 10 Dec 2014 09359415 TGB RAIL LTD 17 Dec 2014 09360654 DESIGN INSIDE LTD 18 Dec 2014 09363030 VIK AUTOTEC LIMITED 19 Dec 2014 09366775 BODGIT ENGINEERING LIMITED 24 Dec 2014 09370139 BABRI LTD 30 Dec 2014 09337484 SIMDEN ASSOCIATES LIMITED 02 Dec 2014 09341640 MAT INGRAM CONSULTANTS LIMITED 04 Dec 2014 09353300 GWYNETH ALLSOPP RISK ADVISOR SERVICES LIMITED 12 Dec 2014 09361777 GORDON B PAUL HR CONSULTANCY LIMITED 19 Dec 2014 09366725 BAP CONTRACTING LTD 24 Dec 2014 09366735 EAT FRESH (BIRMINGHAM) LIMITED 24 Dec 2014
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