Sutton Coldfield, West Midlands

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous September.
  • July 2014 saw a new record in company closures in Sutton Coldfield when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Sutton Coldfield when compared to any previous Q3.

    A total of 242 companies were registered in Sutton Coldfield during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 7.6% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Sutton ColdfieldUK
    2014242143,414
    2013225132,684
    % change7.6%8.1%
    Record Year 2014 (242) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014806993
    New companies in 2013886275
    % change-9.1%11.3%24.0%
    Record Year2013 (88)2012 (78)2014 (93)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 195 companies were dissolved in Sutton Coldfield during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 23.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Sutton ColdfieldUK
    2014195101,670
    201315886,170
    % change23.4%18.0%
    Record Year 2009 (203) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014725271
    Closed companies in 2013464468
    % change56.5%18.2%4%
    Record Year2014 (72)2008 (95)2009 (113)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Sutton Coldfield during the third quarter of 2014 (Jul 2014 - Sep 2014) was 47 companies.

    third quarter (Jul 2014 - Sep 2014)Sutton ColdfieldUK
    20144741,744
    20136746,514
    Record Year 2006 (106) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201481722
    Net growth in 201342187
    Record Year2013 (42)2003 (40)2006 (43)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 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 (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.1%0.2%
    % change-17.4%6.1%13.8%
    Record Year1991 (0.3%)1974 (0.2%)1956 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 43.7.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Sutton Coldfield was in 2007 when 34.3% of all directors were female.

    28.0% of all director appointments in Sutton Coldfield in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.85%CONSULTING5.17%
    MANAGEMENT1.59%MANAGEMENT4.63%
    JOHNSON1.46%CONSULTANCY3.55%
    CONSULTING1.39%PROPERTY2.62%
    J0.99%ENGINEERING2.07%
    FUNERAL0.86%CONSTRUCTION2.05%
    SUTTON0.86%TRADING2.00%
    NEVILLE0.79%LONDON1.95%
    ELECTRICAL0.79%CARE1.94%
    DESIGN0.79%TRANSPORT1.76%
    MR0.79%DESIGN1.70%
    CONSTRUCTION0.73%CONSULTANTS1.70%
    PROPERTY0.73%PROPERTIES1.63%
    (MIDLANDS)0.73%BUSINESS1.62%
    INVESTMENTS0.73%J1.53%
    MRS0.73%ELECTRICAL1.53%
    P0.66%GLOBAL1.51%
    DEVELOPMENTS0.66%INVESTMENTS1.50%
    CARE0.66%ASSOCIATES1.48%
    DIRECTORS0.66%MEDIA1.38%
    MARKETING0.60%CO.,1.36%
    MAINTENANCE0.60%DEVELOPMENTS1.35%
    BUSINESS0.53%BUILDING1.30%
    MEDICAL0.53%IT1.30%
    PROPERTIES0.53%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied340278,481
    70229 - Management consultancy activities other than financial management9940,717
    82990 - Other business support service activities not elsewhere classified9857,264
    62020 - Information technology consultancy activities6529,313
    99999 - Dormant Company5948,286
    86210 - General medical practice activities334,406
    96090 - Other service activities not elsewhere classified2928,224
    74909 - Other professional, scientific and technical activities not elsewhere classified2818,890
    86900 - Other human health activities2611,807
    47910 - Retail sale via mail order houses or via Internet229,914
    74990 - Non-trading company1914,006
    68209 - Other letting and operating of own or leased real estate1910,361
    62012 - Business and domestic software development189,675
    69201 - Accounting and auditing activities177,401
    43999 - Other specialised construction activities not elsewhere classified168,501
    96020 - Hairdressing and other beauty treatment156,630
    86220 - Specialists medical practice activities153,889
    43210 - Electrical installation145,922
    49410 - Freight transport by road149,960
    56103 - Take-away food shops and mobile food stands147,917

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09113323 NETSPEED DESIGNS LTD 02 Jul 2014
    09121819 MORE-HELI LIMITED 08 Jul 2014
    09125958 STRONG COMMS LTD 11 Jul 2014
    09133699 BODY FUEL NUTRITION LTD 16 Jul 2014
    09134363 SEAHORSE CONSULTING LIMITED 16 Jul 2014
    09125443 MIDLANDS RISK MANAGEMENT SERVICES LIMITED 10 Jul 2014
    09126292 CENTRAL PARK FOOD LIMITED 11 Jul 2014
    09135637 TOP TRADE WEB LTD 17 Jul 2014
    09149051 MCCARTHY ELECTRICAL SOLUTIONS LIMITED 28 Jul 2014
    09149623 PRINCY BOUTIQUE LIMITED 28 Jul 2014
    09150818 VIXEN VELVET EVENTS LTD 29 Jul 2014
    09151128 PRECODE LTD 29 Jul 2014
    09111888 CAREER ADVANCEMENT TRAINING LTD 02 Jul 2014
    09123635 CHRYSALIS CONSULTANCY AND MARKETING LIMITED 09 Jul 2014
    09125811 ASC FM INVESTMENTS LTD 10 Jul 2014
    09135650 ONTECH TRADING LIMITED 17 Jul 2014
    09141527 BLAKEMORE EDUCATION LTD 22 Jul 2014
    09147653 BACK2BACK FX LTD 25 Jul 2014
    09150593 AL-EMAM LIMITED 28 Jul 2014
    09111629 CCL CREATIVE LIMITED 02 Jul 2014
    09133579 L B PROPERTY MAINTENANCE LIMITED 16 Jul 2014
    09137578 MP HEALTH CONSULTANCY LTD 18 Jul 2014
    09149999 R.N MARKETING LTD 28 Jul 2014
    09150633 HOBSON PROPERTY FINANCE LIMITED 28 Jul 2014
    09148025 SUTTON AUTOMATION LTD 25 Jul 2014