Stourbridge, West Midlands
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Stourbridge when compared to any year in history.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Stourbridge when compared to any year in history.
A total of 526 companies were formed in Stourbridge in 2014. This total is 5.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Stourbridge UK 2014 526 582,051 2013 498 529,363 2012 441 491,893 2011 478 452,870 2010 467 400,358 Record Year 2014 (526) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 246 companies were formed in Stourbridge. This figure is 5.4% lower than last year, which compares badly to the UK wide figure of 8.2%.
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 2014 246 281,320 2013 260 259,931 % change -5.4% 8.2% Record Year 2013 (260) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 120 companies were registered in Stourbridge during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 0.8% versus the same period last year (Q4 2013). This figure compares badly 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) Stourbridge UK 2014 120 137,906 2013 119 127,247 % change 0.8% 8.4% Record Year 2011 (133) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 43 43 34 New companies in 2013 43 47 29 % change 0.0% -8.5% 17.2% Record Year 2012 (55) 2011 (73) 2002 (39)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 357 companies were dissolved in Stourbridge in 2014. This total is 10.5% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Stourbridge UK 2014 357 367,937 2013 399 332,213 2012 315 293,729 2011 336 314,524 2010 402 342,233 Record Year 2009 (501) 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 187 companies were dissolved in Stourbridge. This figure is 27.8% lower than last year, which compares well to the UK wide change of 7.7%.
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 2014 187 190,730 2013 259 177,021 % change -27.8% 7.7% Record Year 2013 (259) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 78 companies were dissolved in Stourbridge during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 34.5% 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) Stourbridge UK 2014 78 89,060 2013 119 90,851 % change -34.5% -2.0% Record Year 2013 (119) 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 33 24 21 Closed companies in 2013 42 35 42 % change -21.4% -31.4% -50% Record Year 2013 (42) 2010 (37) 2013 (42)
Net Company Growth
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Annual Data (2014)
A total of 169 companies were added to the company register for Stourbridge in 2014. This number represents growth of 32.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 70 companies higher 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 2014 169 214,114 2013 99 197,150 2012 126 198,164 2011 142 138,346 2010 65 58,125 Record Year 2007 (235) 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 Stourbridge increased by 59 companies.
Half Year (Jul-Dec) Stourbridge UK 2014 59 90,590 2013 1 82,910 Record Year 2002 (118) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Stourbridge during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 42 companies.
fourth quarter (Oct 2014 - Dec 2014) Stourbridge UK 2014 42 48,846 2013 0 36,396 Record Year 2011 (59) 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 10 19 13 Net growth in 2013 1 12 -13 Record Year 2003 (30) 2011 (41) 2002 (27)
UK Company Share
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Annual Data (2014)
In 2014 Stourbridge formed 0.1% of all UK companies. This is no change on 2013 when Stourbridge was responsible for 0.1% of all UK companies.
Year Stourbridge 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Stourbridge formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Stourbridge 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1992 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Stourbridge formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Stourbridge 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.2%) 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 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -5.0% -13.1% 0.4% Record Year 2002 (0.2%) 1992 (0.2%) 1993 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.2.
The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.1% 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 44.9.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.3% 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 45.2.
The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 9.8% 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 Stourbridge was 1974 when 100.0% of all directors were female.
The percentage of female directors in Stourbridge in 2014 was 29.2%. 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 Stourbridge was 2005 when 33.5% of all directors were female.
28.0% of all director appointments in Stourbridge 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 Stourbridge was in 2005 when 34.9% of all directors were female.
24.9% of all director appointments in Stourbridge 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 1.41% CONSULTING 5.22% CONSULTING 1.19% MANAGEMENT 4.58% PROPERTY 1.08% CONSULTANCY 3.57% M 0.86% PROPERTY 2.66% STREET 0.86% CONSTRUCTION 2.12% CARE 0.86% ENGINEERING 2.10% CONSULTANCY 0.76% CARE 2.02% ELECTRICAL 0.65% TRADING 1.94% (MIDLANDS) 0.65% LONDON 1.93% SPEAK 0.65% TRANSPORT 1.93% HIRE 0.65% DESIGN 1.66% PROPERTIES 0.65% CONSULTANTS 1.64% MEDIA 0.65% ELECTRICAL 1.62% HOME 0.65% PROPERTIES 1.62% ROAD 0.54% BUSINESS 1.56% ASSOCIATES 0.54% J 1.54% FEAST 0.54% CO., 1.50% CENTRE 0.54% GLOBAL 1.49% CO 0.54% INVESTMENTS 1.48% CONSULTANTS 0.54% ASSOCIATES 1.47% HAGLEY 0.43% DEVELOPMENTS 1.35% INTERNATIONAL 0.43% MEDIA 1.33% INVESTMENTS 0.43% IT 1.31% J 0.43% BUILDING 1.29% ACADEMY 0.43% 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 211 265,608 99999 - Dormant Company 50 48,509 70229 - Management consultancy activities other than financial management 41 42,290 82990 - Other business support service activities not elsewhere classified 30 58,068 62020 - Information technology consultancy activities 22 30,178 86900 - Other human health activities 21 12,976 74909 - Other professional, scientific and technical activities not elsewhere classified 21 19,049 96090 - Other service activities not elsewhere classified 19 29,009 41100 - Development of building projects 18 11,397 32990 - Other manufacturing not elsewhere classified 15 3,533 47990 - Other retail sale not in stores, stalls or markets 15 6,452 56302 - Public houses and bars 14 6,285 68209 - Other letting and operating of own or leased real estate 12 11,212 96020 - Hairdressing and other beauty treatment 12 6,742 43210 - Electrical installation 11 5,985 62090 - Other information technology service activities 10 12,837 47910 - Retail sale via mail order houses or via Internet 10 10,107 74990 - Non-trading company 9 13,984 56101 - Licensed restaurants 9 8,782 43999 - Other specialised construction activities not elsewhere classified 8 8,761
Recent Companies
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Randomly selected companies from this quarter
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