Stourbridge, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 was a record quarter for company registrations in Stourbridge when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Stourbridge when compared to any previous March.
  • February 2014 saw a new record in company closures in Stourbridge when compared to any previous February.
  • March 2014 saw a new record in net growth in Stourbridge when compared to any previous March.
  • March 2014 was a record month for net growth in Stourbridge when compared to any month in history.

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 2014)

    Q1 2014 was a record quarter for company registrations in Stourbridge when compared to any quarter in history.

    A total of 148 companies were registered in Stourbridge during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 15.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)StourbridgeUK
    2014148150,722
    2013128134,802
    % change15.6%11.8%
    Record Year 2007 (148) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Stourbridge when compared to any previous March.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014354370
    New companies in 2013504137
    % change-30.0%4.9%89.2%
    Record Year2013 (50)2003 (51)2014 (70)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 84 companies were dissolved in Stourbridge during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 37.7% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)StourbridgeUK
    20148482,370
    20136177,914
    % change37.7%5.7%
    Record Year 2009 (112) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Stourbridge when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014304014
    Closed companies in 201338617
    % change-21.1%566.7%-18%
    Record Year2013 (38)2014 (40)2009 (64)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Stourbridge during the first quarter of 2014 (Jan 2014 - Mar 2014) was 64 companies.

    first quarter (Jan 2014 - Mar 2014)StourbridgeUK
    20146468,352
    20136756,888
    Record Year 2007 (87) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in net growth in Stourbridge when compared to any previous March.

    March 2014 was a record month for net growth in Stourbridge when compared to any month in history.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20145356
    Net growth in 2013123520
    Record Year2005 (28)2003 (38)2014 (56)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Stourbridge formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Stourbridge
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2000 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-34.5%-3.1%57.9%
    Record Year1956 (0.7%)2003 (0.2%)1985 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 46.1.

    The percentage of directors under the age of 25 was 7.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Stourbridge was in 2006 when 35.3% of all directors were female.

    26.3% of all director appointments in Stourbridge in the first quarter of 2014 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 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.00%CONSULTING5.22%
    MANAGEMENT1.56%MANAGEMENT4.67%
    STOURBRIDGE0.89%CONSULTANCY3.49%
    CO0.78%PROPERTY2.64%
    CONSULTANTS0.78%TRADING2.05%
    CONSULTANCY0.78%LONDON1.88%
    S0.78%ENGINEERING1.86%
    ELECTRICAL0.78%CARE1.79%
    R0.67%CONSTRUCTION1.75%
    C0.67%DESIGN1.75%
    J0.67%CONSULTANTS1.73%
    DIRECT0.67%BUSINESS1.71%
    BUILDING0.56%PROPERTIES1.60%
    M0.56%INVESTMENTS1.60%
    D0.56%GLOBAL1.58%
    CONSTRUCTION0.56%J1.48%
    TRADING0.56%ASSOCIATES1.48%
    TRAINING0.56%MEDIA1.48%
    DESIGN0.56%IT1.33%
    DEVELOPMENTS0.56%TRANSPORT1.30%
    PROPERTY0.56%DEVELOPMENTS1.29%
    CENTRE0.44%BUILDING1.24%
    ENGINEERING0.44%M1.21%
    F0.44%CAPITAL1.20%
    MIDLANDS0.44%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied238280,210
    99999 - Dormant Company5547,084
    82990 - Other business support service activities not elsewhere classified3856,411
    70229 - Management consultancy activities other than financial management3737,882
    74909 - Other professional, scientific and technical activities not elsewhere classified2118,491
    96090 - Other service activities not elsewhere classified2026,700
    74990 - Non-trading company1914,135
    62020 - Information technology consultancy activities1727,750
    86900 - Other human health activities1610,273
    56302 - Public houses and bars155,732
    41100 - Development of building projects159,855
    56101 - Licensed restaurants127,965
    32990 - Other manufacturing not elsewhere classified123,403
    62090 - Other information technology service activities1112,813
    43999 - Other specialised construction activities not elsewhere classified118,155
    47990 - Other retail sale not in stores, stalls or markets115,988
    96020 - Hairdressing and other beauty treatment106,236
    62012 - Business and domestic software development109,509
    69201 - Accounting and auditing activities87,313
    74100 - specialised design activities74,475

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08846882 INTERNATIONAL BAR BRANDS LIMITED 15 Jan 2014
    08855807 ASTOR & BROCKET LTD 22 Jan 2014
    08867921 THE ULTIMATE MUSICIAN LTD 29 Jan 2014
    08832385 TOP DOG T SHIRTS LTD 06 Jan 2014
    08837959 STICKY FIG CATERING LIMITED 09 Jan 2014
    08844467 HUNTERS BARN (UK) LIMITED 14 Jan 2014
    08844818 CLOUDY GORILLA LIMITED 14 Jan 2014
    08848001 JONISA LTD 16 Jan 2014
    08848569 NORTON TECH SERVICES LIMITED 16 Jan 2014
    08849920 TECH-SURE U.K. (STOURBRIDGE) LTD. 17 Jan 2014
    08850715 CUSHMAN LTD 17 Jan 2014
    08856331 CLUCKERSFOOD LTD 22 Jan 2014
    08862983 ROCK DENTAL LTD 27 Jan 2014
    08866445 INESCON LIMITED 29 Jan 2014
    08871457 JMH MANAGEMENT SOLUTIONS LIMITED 31 Jan 2014
    08871989 DBM CONCEPTS LIMITED 31 Jan 2014
    08831320 MICHTRANS LTD 03 Jan 2014
    08836488 R & L HOME SERVICES LTD 08 Jan 2014
    08838889 PROJMANUK LTD 09 Jan 2014
    08844804 INSPIRED SECURITY SOLUTIONS (MANCHESTER) LTD 14 Jan 2014
    08845020 NWR ELECTRICAL LIMITED 14 Jan 2014
    08854581 MOTORSMART VEHICLE SOLUTIONS LIMITED 21 Jan 2014
    08864369 ELIXIR SYSTEMS (UK) LTD 28 Jan 2014
    08866328 MY SECRETME LIMITED 29 Jan 2014
    08872177 MENS DRESSING GOWNS LIMITED 31 Jan 2014