Staffordshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Staffordshire when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Staffordshire when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Staffordshire when compared to any previous Q4.
  • November 2014 saw a new record in company registrations in Staffordshire when compared to any previous November.
  • October 2014 saw a new record in company registrations in Staffordshire when compared to any previous October.

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 Staffordshire when compared to any year in history.

    A total of 5,110 companies were formed in Staffordshire in 2014. This total is 14.1% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearStaffordshireUK
    20145,110582,051
    20134,479529,363
    20124,357491,893
    20114,077452,870
    20103,585400,358
    Record Year2014 (5,110)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 Staffordshire when compared to any previous second half year.

    In the second half of 2014 a total of 2,513 companies were formed in Staffordshire. This figure is 13.6% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Staffordshire occurred in 2014 when a total of 2,513 were formed.

    Half Year (Jul-Dec)StaffordshireUK
    20142,513281,320
    20132,212259,931
    % change13.6%8.2%
    Record Year2014 (2,513)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Staffordshire when compared to any previous Q4.

    A total of 1,206 companies were registered in Staffordshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 11.7% versus the same period last year (Q4 2013). This figure compares equally 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)StaffordshireUK
    20141,206137,906
    20131,080127,247
    % change11.7%8.4%
    Record Year 2014 (1,206) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company registrations in Staffordshire when compared to any previous November.

    October 2014 saw a new record in company registrations in Staffordshire when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014471391344
    New companies in 2013438352290
    % change7.5%11.1%18.6%
    Record Year2014 (471)2014 (391)2011 (396)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 3,449 companies were dissolved in Staffordshire in 2014. This total is 21.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearStaffordshireUK
    20143,449367,937
    20132,841332,213
    20122,658293,729
    20112,598314,524
    20103,028342,233
    Record Year2009 (3,719)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,811 companies were dissolved in Staffordshire. This figure is 2.8% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Staffordshire occurred in 2009 when a total of 1,857 were closed.

    Half Year (Jul-Dec)StaffordshireUK
    20141,811190,730
    20131,762177,021
    % change2.8%7.7%
    Record Year2009 (1,857)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 792 companies were dissolved in Staffordshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 6.5% versus the same period last year (Q4 2013). This figure compares well 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)StaffordshireUK
    201479289,060
    201384790,851
    % change-6.5%-2.0%
    Record Year 2009 (914) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014249237306
    Closed companies in 2013348246253
    % change-28.4%-3.7%21%
    Record Year2013 (348)2009 (289)2009 (322)

Net Company Growth

  1. Annual Data (2014)

    A total of 1,661 companies were added to the company register for Staffordshire in 2014. This number represents growth of 32.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 23 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Staffordshire company register grew by 1,868 companies.

    YearStaffordshireUK
    20141,661214,114
    20131,638197,150
    20121,699198,164
    20111,479138,346
    201055758,125
    Record Year2007 (1,868)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Staffordshire increased by 702 companies.

    Half Year (Jul-Dec)StaffordshireUK
    201470290,590
    201345082,910
    Record Year2003 (1,402)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Staffordshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 414 companies.

    fourth quarter (Oct 2014 - Dec 2014)StaffordshireUK
    201441448,846
    201323336,396
    Record Year 2011 (428) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201422215438
    Net growth in 20139010637
    Record Year2003 (302)2003 (274)2011 (175)

UK Company Share

  1. Annual Data (2014)

    In 2014 Staffordshire formed 0.9% of all UK companies. This is an improvement on 2013 when Staffordshire was responsible for 0.8% of all UK companies.

    YearStaffordshire
    20140.9%
    20130.8%
    20120.9%
    20110.9%
    20100.9%
    Record Year (since 1960)2003 (1.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Staffordshire formed 0.9% of all UK companies. This is the same as the 2013 figure of 0.9%.

    Half Year (Jul-Dec)Staffordshire
    20140.9%
    20130.9%
    20120.9%
    20110.9%
    20100.9%
    Record Year (since 1960) 2002 (1.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Staffordshire formed 0.9% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Staffordshire
    20140.9%
    20130.8%
    20120.9%
    20111.0%
    20100.9%
    Record Year (since 1960) 2003 (1.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.9%0.9%0.9%
    UK formation share in 20130.9%0.8%0.8%
    % change2.3%5.5%1.5%
    Record Year2003 (1.1%)2003 (1.2%)2011 (1.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.0.

    The percentage of directors under the age of 25 was 3.6% 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 43.8.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.0% 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 43.4.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.5% 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 Staffordshire was 1990 when 35.4% of all directors were female.

    The percentage of female directors in Staffordshire in 2014 was 28.4%. 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 Staffordshire was 2006 when 33.0% of all directors were female.

    30.4% of all director appointments in Staffordshire 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 Staffordshire was in 2006 when 32.9% of all directors were female.

    32.7% of all director appointments in Staffordshire 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
    MANAGEMENT1.80%CONSULTING5.22%
    CONSULTANCY1.67%MANAGEMENT4.58%
    ENGINEERING1.44%CONSULTANCY3.57%
    PROPERTY1.17%PROPERTY2.66%
    CONSULTING1.07%CONSTRUCTION2.12%
    TRANSPORT1.02%ENGINEERING2.10%
    ELECTRICAL1.00%CARE2.02%
    J0.95%TRADING1.94%
    CARE0.94%LONDON1.93%
    CONSTRUCTION0.90%TRANSPORT1.93%
    M0.89%DESIGN1.66%
    S0.89%CONSULTANTS1.64%
    PROPERTIES0.79%ELECTRICAL1.62%
    BUSINESS0.79%PROPERTIES1.62%
    TRAINING0.75%BUSINESS1.56%
    HOLDINGS0.68%J1.54%
    DESIGN0.67%CO.,1.50%
    ASSOCIATES0.62%GLOBAL1.49%
    R0.62%INVESTMENTS1.48%
    P0.62%ASSOCIATES1.47%
    D0.60%DEVELOPMENTS1.35%
    CONSULTANTS0.60%MEDIA1.33%
    INVESTMENTS0.60%IT1.31%
    C0.60%BUILDING1.29%
    IT0.58%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,988265,608
    99999 - Dormant Company51948,509
    70229 - Management consultancy activities other than financial management37042,290
    82990 - Other business support service activities not elsewhere classified26958,068
    42990 - Construction of other civil engineering projects not elsewhere classified2492,701
    96090 - Other service activities not elsewhere classified21929,009
    62020 - Information technology consultancy activities17830,178
    74909 - Other professional, scientific and technical activities not elsewhere classified16419,049
    49410 - Freight transport by road15210,842
    47910 - Retail sale via mail order houses or via Internet11210,107
    74990 - Non-trading company10813,984
    86900 - Other human health activities10712,976
    41100 - Development of building projects9811,397
    43999 - Other specialised construction activities not elsewhere classified918,761
    68209 - Other letting and operating of own or leased real estate9111,212
    96020 - Hairdressing and other beauty treatment856,742
    43210 - Electrical installation855,985
    62090 - Other information technology service activities8112,837
    56302 - Public houses and bars806,285
    43220 - Plumbing, heat and air-conditioning installation795,189

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09296386 BIG T TRANSPORT LTD 05 Nov 2014
    09304728 JLP & NJP LIMITED 11 Nov 2014
    09295055 MLS RECRUITMENT PLUS LTD 04 Nov 2014
    09295227 TARGET T-SHIRTS LIMITED 04 Nov 2014
    09296188 R.L. PROPERTY SERVICES BURTON LIMITED 05 Nov 2014
    09297666 DACAR TRANS LTD 06 Nov 2014
    09312525 PRACTICE FREEDOM LIMITED 14 Nov 2014
    09318321 CRISTIAN GHEORGHEOIU LIMITED 19 Nov 2014
    09319500 CHEFS SIMON LIMITED 19 Nov 2014
    09324536 KOVI TRANSPORT LTD 24 Nov 2014
    09327990 BURNETT & ROLFE (BURTON) LIMITED 26 Nov 2014
    09328799 DERBY TURN CONVENIENCE STORE LTD 26 Nov 2014
    OC396805 SCANDI NET LLP 28 Nov 2014
    09291172 SSB CONSULTING LTD 03 Nov 2014
    09291292 WINDOW WIZARD REPAIRS LIMITED 03 Nov 2014
    09303756 AAA MOLAR ENGINEERS LIMITED 10 Nov 2014
    09314565 CHESHIRE TOWN AND COUNTRY FUELS LIMITED 17 Nov 2014
    09318551 BETA PROPERTY MANAGEMENT LIMITED 19 Nov 2014
    09328626 GJ COMMERCIAL LTD 26 Nov 2014
    09331182 LISTEN UP! (STOKE) CIC 27 Nov 2014
    OC396262 MIDLANDS BIOMASS & RECYCLING LLP 04 Nov 2014
    09296756 PREMIER BUILDERS (MIDLANDS) LIMITED 05 Nov 2014
    09319079 P&W MOTOR COMPANY LTD 19 Nov 2014
    09321781 VALLEY ROAD 1965 LIMITED 21 Nov 2014
    09322430 STOKEPRINT LIMITED 21 Nov 2014