Sutton Coldfield, West Midlands

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Sutton Coldfield when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous Q2.
  • May 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous May.
  • April 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Sutton Coldfield when compared to any half year in history.

    In the first half of 2014 a total of 476 companies were formed in Sutton Coldfield. This figure is 17.5% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Sutton Coldfield occurred in 2014 when a total of 476 were formed.

    Half Year (Jan-Jun)Sutton ColdfieldUK
    2014476300,731
    2013405269,432
    % change17.5%11.6%
    Record Year2014 (476)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous Q2.

    A total of 233 companies were registered in Sutton Coldfield during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 28.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Sutton ColdfieldUK
    2014233150,009
    2013182134,630
    % change28.0%11.4%
    Record Year 2014 (233) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2014837575
    New companies in 2013626258
    % change33.9%21.0%29.3%
    Record Year2014 (83)2014 (75)2010 (82)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 318 companies were dissolved in Sutton Coldfield. This figure is 21.8% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Sutton Coldfield occurred in 2009 when a total of 477 were closed.

    Half Year (Jan-Jun)Sutton ColdfieldUK
    2014318177,207
    2013261155,192
    % change21.8%14.2%
    Record Year2009 (477)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 153 companies were dissolved in Sutton Coldfield during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 2.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Sutton ColdfieldUK
    201415394,837
    201315077,278
    % change2.0%22.7%
    Record Year 2009 (285) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014416448
    Closed companies in 2013424365
    % change-2.4%48.8%-26%
    Record Year2009 (73)2009 (126)2009 (86)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Sutton Coldfield increased by 158 companies.

    Half Year (Jan-Jun)Sutton ColdfieldUK
    2014158123,524
    2013144114,240
    Record Year2003 (263)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Sutton Coldfield during the second quarter of 2014 (Apr 2014 - Jun 2014) was 80 companies.

    second quarter (Apr 2014 - Jun 2014)Sutton ColdfieldUK
    20148055,172
    20133257,352
    Record Year 2007 (86) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014421127
    Net growth in 20132019-7
    Record Year2014 (42)2002 (49)2003 (52)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Sutton Coldfield formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Sutton Coldfield
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Sutton Coldfield
    20140.2%
    20130.1%
    20120.1%
    20110.2%
    20100.2%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.1%0.1%0.1%
    % change20.8%11.6%12.0%
    Record Year1952 (0.4%)2002 (0.2%)2010 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.7.

    The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.6.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Sutton Coldfield was 2006 when 33.3% of all directors were female.

    29.0% of all director appointments in Sutton Coldfield in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Sutton Coldfield was in 2005 when 35.8% of all directors were female.

    24.5% of all director appointments in Sutton Coldfield in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.83%CONSULTING5.16%
    CONSULTING1.49%MANAGEMENT4.64%
    MANAGEMENT1.49%CONSULTANCY3.50%
    J1.15%PROPERTY2.66%
    DESIGN1.08%TRADING2.03%
    JOHNSON0.88%ENGINEERING1.99%
    CONSTRUCTION0.88%CONSTRUCTION1.93%
    ELECTRICAL0.81%LONDON1.93%
    DEVELOPMENTS0.74%CARE1.85%
    SUTTON0.74%DESIGN1.75%
    (MIDLANDS)0.68%CONSULTANTS1.73%
    PROPERTIES0.68%BUSINESS1.69%
    PROPERTY0.68%PROPERTIES1.63%
    INVESTMENTS0.68%TRANSPORT1.58%
    BUSINESS0.61%GLOBAL1.55%
    P0.54%INVESTMENTS1.55%
    MEDICAL0.54%J1.51%
    MAINTENANCE0.54%ASSOCIATES1.48%
    CONSULTANTS0.47%MEDIA1.44%
    MIDLANDS0.47%ELECTRICAL1.40%
    MR0.47%IT1.33%
    NEVILLE0.47%DEVELOPMENTS1.33%
    S0.47%BUILDING1.26%
    BUILDING0.47%M1.24%
    MARKETING0.41%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied329261,557
    82990 - Other business support service activities not elsewhere classified10557,421
    70229 - Management consultancy activities other than financial management10040,250
    62020 - Information technology consultancy activities6329,029
    99999 - Dormant Company4948,436
    86210 - General medical practice activities294,176
    96090 - Other service activities not elsewhere classified2828,352
    47910 - Retail sale via mail order houses or via Internet259,900
    86900 - Other human health activities2511,292
    74909 - Other professional, scientific and technical activities not elsewhere classified2319,058
    74990 - Non-trading company2214,351
    62012 - Business and domestic software development219,834
    68209 - Other letting and operating of own or leased real estate1810,133
    43999 - Other specialised construction activities not elsewhere classified168,533
    49410 - Freight transport by road169,265
    69201 - Accounting and auditing activities157,415
    41100 - Development of building projects1410,527
    71129 - Other engineering activities145,787
    86220 - Specialists medical practice activities143,855
    56103 - Take-away food shops and mobile food stands137,840

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09026662 SEVEN HEAVEN 3 LIMITED 07 May 2014
    09029788 HOLIFAST CONSULTING LIMITED 08 May 2014
    09033395 A G T CONSTRUCTION LTD 12 May 2014
    09046756 DUCERE TECHNOLOGY SERVICES LTD 19 May 2014
    09053625 JOINERY RENTALS LIMITED 23 May 2014
    09024426 FOREIGN INFLUENCE LTD. 06 May 2014
    09029937 SHERIDAN YOUNG LTD. 08 May 2014
    09030713 LINDSAY LU LIMITED 08 May 2014
    09037221 STAFFERTON & SON LTD 13 May 2014
    09055896 OFR COMPLIANCE LIMITED 27 May 2014
    09060199 HHSS PROPERTY INVESTMENTS LTD 28 May 2014
    09063731 SARAH COURT 1961 LIMITED 30 May 2014
    09027456 WILDCAT OIL AND GAS LTD 07 May 2014
    09032911 VENTURE TECHNOLOGY LTD 09 May 2014
    09034872 SUTTON OAK MANAGEMENT LIMITED 12 May 2014
    09035682 SLIDE CANDY (UK) LTD 12 May 2014
    09039208 LE ZETROC LIMITED 14 May 2014
    09043299 HR ELECTRICS (UK) LTD 16 May 2014
    09044106 KGEN CONSULTING LIMITED 16 May 2014
    09045897 UNCLE JAMES.COM LTD 19 May 2014
    09056782 CAMELLIA CARDS LIMITED 27 May 2014
    09039940 MW AVIATION SOLUTIONS LIMITED 14 May 2014
    09044758 CODA BUILDING CONSULTANCY LIMITED 16 May 2014
    09040538 RRC ELECTRICAL SERVICES LTD 14 May 2014
    09049522 SHREDDYGOGO LIMITED 21 May 2014