Solihull, West Midlands

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Solihull when compared to any previous Q1.
  • February 2015 saw a new record in company registrations in Solihull when compared to any previous February.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Solihull when compared to any previous Q1.

    A total of 322 companies were registered in Solihull during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 6.3% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SolihullUK
    2015322161,156
    2014303150,722
    % change6.3%6.9%
    Record Year 2015 (322) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company registrations in Solihull when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015101104117
    New companies in 201411581107
    % change-12.2%28.4%9.3%
    Record Year2014 (115)2015 (104)2007 (119)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 169 companies were dissolved in Solihull during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 9.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SolihullUK
    201516989,523
    201418682,370
    % change-9.1%8.7%
    Record Year 2013 (206) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015545362
    Closed companies in 2014587355
    % change-6.9%-27.4%13%
    Record Year2013 (73)2014 (73)2009 (106)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Solihull during the first quarter of 2015 (Jan 2015 - Mar 2015) was 153 companies.

    first quarter (Jan 2015 - Mar 2015)SolihullUK
    201515371,633
    201411768,352
    Record Year 2012 (194) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015475155
    Net growth in 201457852
    Record Year2012 (58)2012 (59)2007 (80)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Solihull formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Solihull
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.2%0.2%
    UK formation share in 20140.2%0.2%0.2%
    % change-13.8%18.3%-0.3%
    Record Year1997 (0.4%)1991 (0.3%)1988 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 46.5.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Solihull was in 2006 when 30.8% of all directors were female.

    23.3% of all director appointments in Solihull in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTANCY2.18%CONSULTING5.23%
    MANAGEMENT1.96%MANAGEMENT4.56%
    CONSULTING1.59%CONSULTANCY3.62%
    CONSTRUCTION0.80%PROPERTY2.72%
    CONSULTANTS0.80%CONSTRUCTION2.19%
    SOLIHULL0.74%CARE2.13%
    IT0.69%ENGINEERING2.12%
    PROPERTY0.69%LONDON1.91%
    MIDLANDS0.64%TRADING1.88%
    GROUP0.64%TRANSPORT1.82%
    MEDICAL0.64%ELECTRICAL1.76%
    CARE0.64%DESIGN1.65%
    ASSOCIATES0.64%PROPERTIES1.63%
    ENGINEERING0.58%CO.,1.58%
    SPORTS0.58%J1.55%
    MEDIA0.58%CONSULTANTS1.54%
    FARM0.58%BUSINESS1.49%
    J0.53%INVESTMENTS1.49%
    BUILDING0.53%GLOBAL1.46%
    CO0.53%ASSOCIATES1.44%
    SYSTEMS0.53%DEVELOPMENTS1.36%
    (SOLIHULL)0.48%BUILDING1.31%
    ROSCONN0.48%IT1.30%
    HOUSE0.48%MEDIA1.28%
    ELECTRICAL0.48%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied458288,953
    70229 - Management consultancy activities other than financial management13443,081
    99999 - Dormant Company12949,474
    62020 - Information technology consultancy activities10130,825
    82990 - Other business support service activities not elsewhere classified8158,522
    96090 - Other service activities not elsewhere classified5429,218
    41100 - Development of building projects5311,863
    74909 - Other professional, scientific and technical activities not elsewhere classified4719,098
    86900 - Other human health activities3613,990
    68209 - Other letting and operating of own or leased real estate3311,600
    74990 - Non-trading company3313,794
    86210 - General medical practice activities334,793
    68100 - Buying and selling of own real estate297,450
    47910 - Retail sale via mail order houses or via Internet2710,200
    69201 - Accounting and auditing activities267,682
    62090 - Other information technology service activities2412,862
    86220 - Specialists medical practice activities244,088
    62012 - Business and domestic software development219,651
    43999 - Other specialised construction activities not elsewhere classified209,080
    96020 - Hairdressing and other beauty treatment206,815

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09464138 SIMPLY CHEFS LIMITED 02 Mar 2015
    09469077 ASGI LTD 03 Mar 2015
    09475210 GD ELECTRICAL (LONDON) LIMITED 06 Mar 2015
    09483956 MELLIOT PERFORMANCE LTD 11 Mar 2015
    09486870 M D MURRAY LTD 12 Mar 2015
    09487598 IMPECCABLE FUTURE LIMITED 13 Mar 2015
    09489659 BUSINESS EXCHANGE SYSTEMS LTD 13 Mar 2015
    09489935 PORTAL MUSIC GROUP LTD 13 Mar 2015
    09493988 ROOFING SERVICES MIDLAND LTD 17 Mar 2015
    09505349 HARMONY PRINTING SOLUTIONS LTD 24 Mar 2015
    09506152 TRIAXIA LIMITED 24 Mar 2015
    09507056 ASTON BROWNE LIMITED 24 Mar 2015
    09510065 UNDIVIDED DIGITAL LTD 25 Mar 2015
    09512586 COFFEE CLOUD LIMITED 26 Mar 2015
    09482849 TENACITY LTD 11 Mar 2015
    09490357 ARYA CONSULTANCY SERVICES LTD 14 Mar 2015
    09504316 FITNESS 101 LIMITED 23 Mar 2015
    09474948 HAYLEY WINTERMANTLE INTERNATIONAL LTD 06 Mar 2015
    09496053 SAUCE LIVE LIMITED 18 Mar 2015
    09507979 PRESTIGE MULTITRADES LIMITED 25 Mar 2015
    09514078 HOMETOWN ENERGY LIMITED 27 Mar 2015
    09475734 TDR CATERING LIMITED 06 Mar 2015
    09475870 CELA CONSTRUCTION LIMITED 06 Mar 2015
    09476671 REYAS ENGINEERING LIMITED 09 Mar 2015
    09477847 BARKER STONE LTD 09 Mar 2015