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
New Company Registrations
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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) Solihull UK 2015 322 161,156 2014 303 150,722 % change 6.3% 6.9% Record Year 2015 (322) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 101 104 117 New companies in 2014 115 81 107 % change -12.2% 28.4% 9.3% Record Year 2014 (115) 2015 (104) 2007 (119)
Closed Companies (dissolved)
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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) Solihull UK 2015 169 89,523 2014 186 82,370 % change -9.1% 8.7% Record Year 2013 (206) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 54 53 62 Closed companies in 2014 58 73 55 % change -6.9% -27.4% 13% Record Year 2013 (73) 2014 (73) 2009 (106)
Net Company Growth
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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) Solihull UK 2015 153 71,633 2014 117 68,352 Record Year 2012 (194) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 47 51 55 Net growth in 2014 57 8 52 Record Year 2012 (58) 2012 (59) 2007 (80)
UK Company Share
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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 2015 0.2% 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% Record Year (since 1960) 1992 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.2% 0.2% UK formation share in 2014 0.2% 0.2% 0.2% % change -13.8% 18.3% -0.3% Record Year 1997 (0.4%) 1991 (0.3%) 1988 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 2.18% CONSULTING 5.23% MANAGEMENT 1.96% MANAGEMENT 4.56% CONSULTING 1.59% CONSULTANCY 3.62% CONSTRUCTION 0.80% PROPERTY 2.72% CONSULTANTS 0.80% CONSTRUCTION 2.19% SOLIHULL 0.74% CARE 2.13% IT 0.69% ENGINEERING 2.12% PROPERTY 0.69% LONDON 1.91% MIDLANDS 0.64% TRADING 1.88% GROUP 0.64% TRANSPORT 1.82% MEDICAL 0.64% ELECTRICAL 1.76% CARE 0.64% DESIGN 1.65% ASSOCIATES 0.64% PROPERTIES 1.63% ENGINEERING 0.58% CO., 1.58% SPORTS 0.58% J 1.55% MEDIA 0.58% CONSULTANTS 1.54% FARM 0.58% BUSINESS 1.49% J 0.53% INVESTMENTS 1.49% BUILDING 0.53% GLOBAL 1.46% CO 0.53% ASSOCIATES 1.44% SYSTEMS 0.53% DEVELOPMENTS 1.36% (SOLIHULL) 0.48% BUILDING 1.31% ROSCONN 0.48% IT 1.30% HOUSE 0.48% MEDIA 1.28% ELECTRICAL 0.48% M 1.27%
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 458 288,953 70229 - Management consultancy activities other than financial management 134 43,081 99999 - Dormant Company 129 49,474 62020 - Information technology consultancy activities 101 30,825 82990 - Other business support service activities not elsewhere classified 81 58,522 96090 - Other service activities not elsewhere classified 54 29,218 41100 - Development of building projects 53 11,863 74909 - Other professional, scientific and technical activities not elsewhere classified 47 19,098 86900 - Other human health activities 36 13,990 68209 - Other letting and operating of own or leased real estate 33 11,600 74990 - Non-trading company 33 13,794 86210 - General medical practice activities 33 4,793 68100 - Buying and selling of own real estate 29 7,450 47910 - Retail sale via mail order houses or via Internet 27 10,200 69201 - Accounting and auditing activities 26 7,682 62090 - Other information technology service activities 24 12,862 86220 - Specialists medical practice activities 24 4,088 62012 - Business and domestic software development 21 9,651 43999 - Other specialised construction activities not elsewhere classified 20 9,080 96020 - Hairdressing and other beauty treatment 20 6,815
Recent Companies
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Randomly selected companies from this quarter
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