Sutton Coldfield, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Sutton Coldfield when compared to any quarter in history.
  • January 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous January.
  • February 2014 saw a new record in company closures in Sutton Coldfield when compared to any previous February.

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 saw a new record in company registrations in Sutton Coldfield when compared to any previous Q1.

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

    A total of 243 companies were registered in Sutton Coldfield during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 9.0% versus the same period last year (Q1 2013). This figure compares equally 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)Sutton ColdfieldUK
    2014243150,722
    2013223134,802
    % change9.0%11.8%
    Record Year 2014 (243) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014916488
    New companies in 2013836773
    % change9.6%-4.5%20.5%
    Record Year2014 (91)2006 (78)2007 (112)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 165 companies were dissolved in Sutton Coldfield during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 48.6% 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)Sutton ColdfieldUK
    201416582,370
    201311177,914
    % change48.6%5.7%
    Record Year 2009 (192) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

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

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014565554
    Closed companies in 2013552531
    % change1.8%120.0%74%
    Record Year2011 (78)2014 (55)2009 (109)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Sutton Coldfield during the first quarter of 2014 (Jan 2014 - Mar 2014) was 78 companies.

    first quarter (Jan 2014 - Mar 2014)Sutton ColdfieldUK
    20147868,352
    201311256,888
    Record Year 2007 (129) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201435934
    Net growth in 2013284242
    Record Year2005 (39)2003 (55)2007 (78)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Sutton Coldfield formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Sutton Coldfield
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.1%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change2.5%-11.8%0.6%
    Record Year1996 (0.4%)1993 (0.3%)1983 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.8.

    The percentage of directors under the age of 25 was 8.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.3% 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 Sutton Coldfield was in 2006 when 34.0% of all directors were female.

    33.1% of all director appointments in Sutton Coldfield 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
    CONSULTING1.62%CONSULTING5.22%
    CONSULTANCY1.55%MANAGEMENT4.67%
    JOHNSON1.20%CONSULTANCY3.49%
    MANAGEMENT1.13%PROPERTY2.64%
    DESIGN0.99%TRADING2.05%
    PROPERTY0.85%LONDON1.88%
    (MIDLANDS)0.85%ENGINEERING1.86%
    J0.77%CARE1.79%
    PROPERTIES0.77%CONSTRUCTION1.75%
    MEDICAL0.77%DESIGN1.75%
    SUTTON0.63%CONSULTANTS1.73%
    NEVILLE0.63%BUSINESS1.71%
    INVESTMENTS0.63%PROPERTIES1.60%
    DEVELOPMENTS0.63%INVESTMENTS1.60%
    MR0.63%GLOBAL1.58%
    MRS0.56%J1.48%
    ELECTRICAL0.49%ASSOCIATES1.48%
    CONSTRUCTION0.49%MEDIA1.48%
    S0.49%IT1.33%
    BUSINESS0.49%TRANSPORT1.30%
    SERVICE0.42%DEVELOPMENTS1.29%
    CONSULTANTS0.42%BUILDING1.24%
    CATERING0.42%M1.21%
    MIDLANDS0.42%CAPITAL1.20%
    MAINTENANCE0.35%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied360280,210
    82990 - Other business support service activities not elsewhere classified10956,411
    70229 - Management consultancy activities other than financial management8837,882
    62020 - Information technology consultancy activities6827,750
    99999 - Dormant Company4847,084
    86210 - General medical practice activities313,987
    96090 - Other service activities not elsewhere classified3026,700
    74909 - Other professional, scientific and technical activities not elsewhere classified2518,491
    74990 - Non-trading company2414,135
    86900 - Other human health activities2310,273
    47910 - Retail sale via mail order houses or via Internet229,358
    62012 - Business and domestic software development219,509
    49410 - Freight transport by road198,014
    69201 - Accounting and auditing activities187,313
    68209 - Other letting and operating of own or leased real estate159,284
    63990 - Other information service activities not elsewhere classified155,949
    71129 - Other engineering activities145,477
    43210 - Electrical installation145,885
    43999 - Other specialised construction activities not elsewhere classified138,155
    56103 - Take-away food shops and mobile food stands137,300

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08922548 MPM GROUP & TRAVELS LTD 04 Mar 2014
    08924631 MAH SOFTWARE LTD 05 Mar 2014
    08966103 CRUX THERMAL LIMITED 28 Mar 2014
    08968466 LOUISE'S LEDGERS LTD 31 Mar 2014
    08940189 HOME STAY CARING SOLUTIONS LTD 14 Mar 2014
    08943780 B A CASHMORE HOLDINGS LIMITED 17 Mar 2014
    08944291 ASIAN GRILL LTD 18 Mar 2014
    08954191 VERACITY MANAGEMENT LIMITED 24 Mar 2014
    08959922 CGR MIDLANDS LIMITED 26 Mar 2014
    08922104 PENNINGTON LEE LIMITED 04 Mar 2014
    08924907 DEVICE CHOICE SOLUTIONS LTD 05 Mar 2014
    08926030 MIND MANAGEMENT FOR YOU LTD 06 Mar 2014
    08956196 FULCRUM CONSULTANCY (UK) LIMITED 24 Mar 2014
    08969038 RSC HEALTHCARE LIMITED 31 Mar 2014
    08921714 CUSTOM TABLET MARKETING LTD 04 Mar 2014
    08924502 TERRAVIS LIMITED 05 Mar 2014
    08930078 C & G PUBS LIMITED 10 Mar 2014
    08933271 MASQUERADE ET AL LIMITED 11 Mar 2014
    08938217 J & K GROUNDWORKS LIMITED 13 Mar 2014
    08944407 CENTAUR METALS LIMITED 18 Mar 2014
    08951272 BOOGIE BOUNCE XTREME LIMITED 20 Mar 2014
    08968918 UTSAV LIMITED 31 Mar 2014
    08941912 BEER BRITANNIA LIMITED 17 Mar 2014
    08955257 SEO SILLY LIMITED 24 Mar 2014
    08956075 BRAMIGK LIMITED 24 Mar 2014