Stourbridge, West Midlands
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Stourbridge when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Stourbridge when compared to any previous second half year.
- The second half of 2013 saw a new record in company closures in Stourbridge when compared to any previous second half year.
- December 2013 saw a new record in company closures in Stourbridge when compared to any previous December.
- October 2013 saw a new record in company closures in Stourbridge when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Stourbridge when compared to any year in history.
A total of 498 companies were formed in Stourbridge in 2013. This total is 12.9% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Stourbridge UK 2013 498 529,363 2012 441 491,893 2011 478 452,870 2010 467 400,358 2009 433 362,675 Record Year 2013 (498) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Stourbridge when compared to any previous second half year.
In the second half of 2013 a total of 260 companies were formed in Stourbridge. This figure is 21.5% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Stourbridge occurred in 2013 when a total of 260 were formed.
Half Year (Jul-Dec) Stourbridge UK 2013 260 259,931 2012 214 238,743 % change 21.5% 8.9% Record Year 2013 (260) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 119 companies were registered in Stourbridge during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 15.5% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Stourbridge UK 2013 119 127,247 2012 103 119,875 % change 15.5% 6.1% Record Year 2011 (133) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 43 47 29 New companies in 2012 55 26 22 % change -21.8% 80.8% 31.8% Record Year 2012 (55) 2011 (73) 2002 (39)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 399 companies were dissolved in Stourbridge in 2013. This total is 26.7% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Stourbridge UK 2013 399 332,213 2012 315 293,729 2011 336 314,524 2010 402 342,233 2009 501 533,789 Record Year 2009 (501) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company closures in Stourbridge when compared to any previous second half year.
In the second half of 2013 a total of 259 companies were dissolved in Stourbridge. This figure is 51.5% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Stourbridge occurred in 2013 when a total of 259 were closed.
Half Year (Jul-Dec) Stourbridge UK 2013 259 177,021 2012 171 145,935 % change 51.5% 21.3% Record Year 2013 (259) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 119 companies were dissolved in Stourbridge during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 45.1% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Stourbridge UK 2013 119 90,851 2012 82 70,027 % change 45.1% 29.7% Record Year 2013 (119) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company closures in Stourbridge when compared to any previous December.
October 2013 saw a new record in company closures in Stourbridge when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 42 35 42 Closed companies in 2012 36 30 16 % change 16.7% 16.7% 163% Record Year 2013 (42) 2010 (37) 2013 (42)
Net Company Growth
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Annual Data (2013)
A total of 99 companies were added to the company register for Stourbridge in 2013. This number represents growth of 19.9% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 27 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Stourbridge company register grew by 235 companies.
Year Stourbridge UK 2013 99 197,150 2012 126 198,164 2011 142 138,346 2010 65 58,125 2009 -68 -171,114 Record Year 2007 (235) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Stourbridge increased by 1 companies.
Half Year (Jul-Dec) Stourbridge UK 2013 1 82,910 2012 43 92,808 Record Year 2002 (118) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Stourbridge during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 0 companies.
fourth quarter (Oct 2013 - Dec 2013) Stourbridge UK 2013 0 36,396 2012 21 49,848 Record Year 2011 (59) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 1 12 -13 Net growth in 2012 19 -4 6 Record Year 2003 (30) 2011 (41) 2002 (27)
UK Company Share
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Annual Data (2013)
In 2013 Stourbridge formed 0.1% of all UK companies. This is no change on 2012 when Stourbridge was responsible for 0.1% of all UK companies.
Year Stourbridge 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Stourbridge formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Stourbridge 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1992 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Stourbridge formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Stourbridge 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2002 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change -27.3% 77.5% 19.9% Record Year 2002 (0.2%) 1992 (0.2%) 1993 (0.2%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 45.4.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 45.6.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 46.0.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Stourbridge was 1974 when 100.0% of all directors were female.
The percentage of female directors in Stourbridge in 2013 was 30.5%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Stourbridge was 2005 when 33.5% of all directors were female.
29.3% of all director appointments in Stourbridge in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Stourbridge was in 2005 when 34.9% of all directors were female.
28.4% of all director appointments in Stourbridge in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.96% CONSULTING 5.22% MANAGEMENT 1.62% MANAGEMENT 4.72% CONSULTANCY 1.27% CONSULTANCY 3.45% S 1.15% PROPERTY 2.59% STOURBRIDGE 1.04% TRADING 2.08% TRADING 0.92% ENGINEERING 1.87% CO 0.92% LONDON 1.86% DESIGN 0.81% DESIGN 1.76% DEVELOPMENTS 0.81% CONSTRUCTION 1.73% BUILDING 0.81% CARE 1.73% J 0.81% BUSINESS 1.71% ELECTRICAL 0.69% CONSULTANTS 1.68% TRAINING 0.69% GLOBAL 1.58% C 0.69% INVESTMENTS 1.56% PROPERTY 0.69% PROPERTIES 1.54% R 0.69% ASSOCIATES 1.53% CONSULTANTS 0.58% J 1.51% D 0.58% MEDIA 1.50% DIRECT 0.58% IT 1.35% SYSTEMS 0.58% DEVELOPMENTS 1.23% ASSOCIATES 0.58% M 1.23% BARBERRY 0.46% BUILDING 1.21% FURNITURE 0.46% ELECTRICAL 1.20% MIDLANDS 0.46% CAPITAL 1.19% PROJECT 0.46% ENERGY 1.14%
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 224 266,814 99999 - Dormant Company 57 46,762 82990 - Other business support service activities not elsewhere classified 39 55,342 70229 - Management consultancy activities other than financial management 35 36,164 74990 - Non-trading company 20 14,223 62020 - Information technology consultancy activities 19 27,183 74909 - Other professional, scientific and technical activities not elsewhere classified 18 18,034 86900 - Other human health activities 17 9,543 96090 - Other service activities not elsewhere classified 17 26,001 41100 - Development of building projects 16 9,485 56302 - Public houses and bars 13 5,503 32990 - Other manufacturing not elsewhere classified 13 3,340 62090 - Other information technology service activities 10 12,511 47990 - Other retail sale not in stores, stalls or markets 10 5,800 43999 - Other specialised construction activities not elsewhere classified 10 7,823 96020 - Hairdressing and other beauty treatment 9 6,000 43290 - Other construction installation 9 3,149 56101 - Licensed restaurants 9 7,685 62012 - Business and domestic software development 9 9,360 69201 - Accounting and auditing activities 7 7,075
Recent Companies
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Randomly selected companies from this quarter
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