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
New Company Registrations
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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.
Year Staffordshire UK 2014 5,110 582,051 2013 4,479 529,363 2012 4,357 491,893 2011 4,077 452,870 2010 3,585 400,358 Record Year 2014 (5,110) 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 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) Staffordshire UK 2014 2,513 281,320 2013 2,212 259,931 % change 13.6% 8.2% Record Year 2014 (2,513) 2014 (281,320) New Companies by Half Year
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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) Staffordshire UK 2014 1,206 137,906 2013 1,080 127,247 % change 11.7% 8.4% Record Year 2014 (1,206) 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 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
October November December New companies in 2014 471 391 344 New companies in 2013 438 352 290 % change 7.5% 11.1% 18.6% Record Year 2014 (471) 2014 (391) 2011 (396)
Closed Companies (dissolved)
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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.
Year Staffordshire UK 2014 3,449 367,937 2013 2,841 332,213 2012 2,658 293,729 2011 2,598 314,524 2010 3,028 342,233 Record Year 2009 (3,719) 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 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) Staffordshire UK 2014 1,811 190,730 2013 1,762 177,021 % change 2.8% 7.7% Record Year 2009 (1,857) 2009 (244,544) Dissolved Companies by Half Year
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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) Staffordshire UK 2014 792 89,060 2013 847 90,851 % change -6.5% -2.0% Record Year 2009 (914) 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 249 237 306 Closed companies in 2013 348 246 253 % change -28.4% -3.7% 21% Record Year 2013 (348) 2009 (289) 2009 (322)
Net Company Growth
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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.
Year Staffordshire UK 2014 1,661 214,114 2013 1,638 197,150 2012 1,699 198,164 2011 1,479 138,346 2010 557 58,125 Record Year 2007 (1,868) 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 Staffordshire increased by 702 companies.
Half Year (Jul-Dec) Staffordshire UK 2014 702 90,590 2013 450 82,910 Record Year 2003 (1,402) 2003 (117,772) Net Growth by Half Year
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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) Staffordshire UK 2014 414 48,846 2013 233 36,396 Record Year 2011 (428) 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 222 154 38 Net growth in 2013 90 106 37 Record Year 2003 (302) 2003 (274) 2011 (175)
UK Company Share
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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.
Year Staffordshire 2014 0.9% 2013 0.8% 2012 0.9% 2011 0.9% 2010 0.9% Record Year (since 1960) 2003 (1.1%) Company Share by Year
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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 2014 0.9% 2013 0.9% 2012 0.9% 2011 0.9% 2010 0.9% Record Year (since 1960) 2002 (1.1%) Company Share by Half Year
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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 2014 0.9% 2013 0.8% 2012 0.9% 2011 1.0% 2010 0.9% Record Year (since 1960) 2003 (1.1%) 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 0.9% 0.9% 0.9% UK formation share in 2013 0.9% 0.8% 0.8% % change 2.3% 5.5% 1.5% Record Year 2003 (1.1%) 2003 (1.2%) 2011 (1.3%)
Director Age
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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
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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
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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
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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
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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
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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
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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 1.80% CONSULTING 5.22% CONSULTANCY 1.67% MANAGEMENT 4.58% ENGINEERING 1.44% CONSULTANCY 3.57% PROPERTY 1.17% PROPERTY 2.66% CONSULTING 1.07% CONSTRUCTION 2.12% TRANSPORT 1.02% ENGINEERING 2.10% ELECTRICAL 1.00% CARE 2.02% J 0.95% TRADING 1.94% CARE 0.94% LONDON 1.93% CONSTRUCTION 0.90% TRANSPORT 1.93% M 0.89% DESIGN 1.66% S 0.89% CONSULTANTS 1.64% PROPERTIES 0.79% ELECTRICAL 1.62% BUSINESS 0.79% PROPERTIES 1.62% TRAINING 0.75% BUSINESS 1.56% HOLDINGS 0.68% J 1.54% DESIGN 0.67% CO., 1.50% ASSOCIATES 0.62% GLOBAL 1.49% R 0.62% INVESTMENTS 1.48% P 0.62% ASSOCIATES 1.47% D 0.60% DEVELOPMENTS 1.35% CONSULTANTS 0.60% MEDIA 1.33% INVESTMENTS 0.60% IT 1.31% C 0.60% BUILDING 1.29% IT 0.58% 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 1,988 265,608 99999 - Dormant Company 519 48,509 70229 - Management consultancy activities other than financial management 370 42,290 82990 - Other business support service activities not elsewhere classified 269 58,068 42990 - Construction of other civil engineering projects not elsewhere classified 249 2,701 96090 - Other service activities not elsewhere classified 219 29,009 62020 - Information technology consultancy activities 178 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 164 19,049 49410 - Freight transport by road 152 10,842 47910 - Retail sale via mail order houses or via Internet 112 10,107 74990 - Non-trading company 108 13,984 86900 - Other human health activities 107 12,976 41100 - Development of building projects 98 11,397 43999 - Other specialised construction activities not elsewhere classified 91 8,761 68209 - Other letting and operating of own or leased real estate 91 11,212 96020 - Hairdressing and other beauty treatment 85 6,742 43210 - Electrical installation 85 5,985 62090 - Other information technology service activities 81 12,837 56302 - Public houses and bars 80 6,285 43220 - Plumbing, heat and air-conditioning installation 79 5,189
Recent Companies
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Randomly selected companies from this quarter
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