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

  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. 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.

    YearSolihullUK
    20141,218582,051
    20131,086529,363
    20121,051491,893
    2011917452,870
    2010875400,358
    Record Year2014 (1,218)2014 (582,051)
    New Companies by Year
  2. 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)SolihullUK
    2014565281,320
    2013555259,931
    % change1.8%8.2%
    Record Year2014 (565)2014 (281,320)
    New Companies by Half Year
  3. 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)SolihullUK
    2014257137,906
    2013264127,247
    % change-2.7%8.4%
    Record Year 2013 (264) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014949964
    New companies in 20131088670
    % change-13.0%15.1%-8.6%
    Record Year2013 (108)2014 (99)2013 (70)

Closed Companies (dissolved)

  1. 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.

    YearSolihullUK
    2014745367,937
    2013682332,213
    2012520293,729
    2011614314,524
    2010686342,233
    Record Year2009 (927)2009 (533,789)
    Dissolved Companies by Year
  2. 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)SolihullUK
    2014366190,730
    2013328177,021
    % change11.6%7.7%
    Record Year2009 (409)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)SolihullUK
    201418089,060
    201316990,851
    % change6.5%-2.0%
    Record Year 2014 (180) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014645561
    Closed companies in 2013604663
    % change6.7%19.6%-3%
    Record Year2001 (85)2009 (62)2013 (63)

Net Company Growth

  1. 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.

    YearSolihullUK
    2014473214,114
    2013404197,150
    2012531198,164
    2011303138,346
    201018958,125
    Record Year2012 (531)2007 (237,353)
    Net Growth by Year
  2. 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)SolihullUK
    201419990,590
    201322782,910
    Record Year2013 (227)2003 (117,772)
    Net Growth by Half Year
  3. 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)SolihullUK
    20147748,846
    20139536,396
    Record Year 2012 (101) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201430443
    Net growth in 201348407
    Record Year2013 (48)2003 (49)2007 (43)

UK Company Share

  1. 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.

    YearSolihull
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1994 (0.3%)
    Company Share by Year
  2. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1994 (0.3%)
    Company Share by Half Year
  3. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2001 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-17.2%9.3%-21.8%
    Record Year2001 (0.3%)1990 (0.3%)1997 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.38%CONSULTING5.22%
    CONSULTING2.05%MANAGEMENT4.58%
    CONSULTANCY1.51%CONSULTANCY3.57%
    SOLIHULL1.08%PROPERTY2.66%
    CONSTRUCTION0.86%CONSTRUCTION2.12%
    MEDIA0.70%ENGINEERING2.10%
    CONSULTANTS0.70%CARE2.02%
    CARE0.70%TRADING1.94%
    MIDLANDS0.70%LONDON1.93%
    ASSOCIATES0.65%TRANSPORT1.93%
    ENGINEERING0.59%DESIGN1.66%
    BUILDING0.59%CONSULTANTS1.64%
    SPORTS0.59%ELECTRICAL1.62%
    ROSCONN0.54%PROPERTIES1.62%
    MEDICAL0.54%BUSINESS1.56%
    J0.54%J1.54%
    FARM0.54%CO.,1.50%
    MARKETING0.54%GLOBAL1.49%
    SYSTEMS0.49%INVESTMENTS1.48%
    DEVELOPMENTS0.49%ASSOCIATES1.47%
    PROPERTY0.49%DEVELOPMENTS1.35%
    (SOLIHULL)0.49%MEDIA1.33%
    IT0.49%IT1.31%
    M0.49%BUILDING1.29%
    (MIDLANDS)0.49%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied421265,608
    70229 - Management consultancy activities other than financial management13242,290
    99999 - Dormant Company12548,509
    62020 - Information technology consultancy activities9430,178
    82990 - Other business support service activities not elsewhere classified8258,068
    41100 - Development of building projects5211,397
    96090 - Other service activities not elsewhere classified4929,009
    74909 - Other professional, scientific and technical activities not elsewhere classified4519,049
    74990 - Non-trading company3313,984
    86210 - General medical practice activities324,591
    86900 - Other human health activities3112,976
    47910 - Retail sale via mail order houses or via Internet3110,107
    68209 - Other letting and operating of own or leased real estate2811,212
    68100 - Buying and selling of own real estate287,106
    69201 - Accounting and auditing activities257,528
    86220 - Specialists medical practice activities234,031
    62012 - Business and domestic software development229,752
    62090 - Other information technology service activities2212,837
    96020 - Hairdressing and other beauty treatment216,742
    43999 - Other specialised construction activities not elsewhere classified218,761

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09292986 LJKW CONSULTANCY & TRAINING LIMITED 03 Nov 2014
    09293276 AJW CONTRACTING LTD. 03 Nov 2014
    09293438 INVEST IN HOUSES LIMITED 04 Nov 2014
    09295117 RLH CONSULTING SOLUTIONS LIMITED 04 Nov 2014
    OC396320 HOLIDAY PAY LLP 06 Nov 2014
    09298546 HOLIDAY PAY 4U LIMITED 06 Nov 2014
    09301887 ABBEY CLASSIC CARS LIMITED 10 Nov 2014
    09307683 NAME & NUMBER LTD 12 Nov 2014
    09310395 LCV BODIES LIMITED 13 Nov 2014
    09312772 N C EARTHWORKS LTD 17 Nov 2014
    09313983 FAT LAD SHIRTS LIMITED 17 Nov 2014
    09314795 PRO-TEAM MANAGEMENT LIMITED 17 Nov 2014
    09315610 D.HINTON LIMITED 18 Nov 2014
    09322432 YPC14 LTD 21 Nov 2014
    09322871 MRK INNOVATIONS LIMITED 21 Nov 2014
    09310369 RLS COMMS LIMITED 13 Nov 2014
    09317904 XCEL SHOWBIZ LTD 19 Nov 2014
    09331259 TP3 GLOBAL MANUFACTURING LIMITED 27 Nov 2014
    09291520 WOLVERLEY 1959 LIMITED 03 Nov 2014
    09297077 OLTON ELECTRICAL LTD 05 Nov 2014
    09302761 THE CANDLELIT CAFE LTD 10 Nov 2014
    09294247 IPC RENEWALS LIMITED 04 Nov 2014
    09303719 B WILLIAMS HAIR & CO LTD 10 Nov 2014
    09323953 MANDIAN CONSULTANCY LIMITED 24 Nov 2014
    09316291 RYAN AERO SOLUTIONS LIMITED 18 Nov 2014