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
New Company Registrations
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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 Coldfield UK 2014 242 143,414 2013 225 132,684 % change 7.6% 8.1% Record Year 2014 (242) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 80 69 93 New companies in 2013 88 62 75 % change -9.1% 11.3% 24.0% Record Year 2013 (88) 2012 (78) 2014 (93)
Closed Companies (dissolved)
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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 Coldfield UK 2014 195 101,670 2013 158 86,170 % change 23.4% 18.0% Record Year 2009 (203) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 72 52 71 Closed companies in 2013 46 44 68 % change 56.5% 18.2% 4% Record Year 2014 (72) 2008 (95) 2009 (113)
Net Company Growth
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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 Coldfield UK 2014 47 41,744 2013 67 46,514 Record Year 2006 (106) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 8 17 22 Net growth in 2013 42 18 7 Record Year 2013 (42) 2003 (40) 2006 (43)
UK Company Share
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1993 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.1% 0.2% % change -17.4% 6.1% 13.8% Record Year 1991 (0.3%) 1974 (0.2%) 1956 (0.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.85% CONSULTING 5.17% MANAGEMENT 1.59% MANAGEMENT 4.63% JOHNSON 1.46% CONSULTANCY 3.55% CONSULTING 1.39% PROPERTY 2.62% J 0.99% ENGINEERING 2.07% FUNERAL 0.86% CONSTRUCTION 2.05% SUTTON 0.86% TRADING 2.00% NEVILLE 0.79% LONDON 1.95% ELECTRICAL 0.79% CARE 1.94% DESIGN 0.79% TRANSPORT 1.76% MR 0.79% DESIGN 1.70% CONSTRUCTION 0.73% CONSULTANTS 1.70% PROPERTY 0.73% PROPERTIES 1.63% (MIDLANDS) 0.73% BUSINESS 1.62% INVESTMENTS 0.73% J 1.53% MRS 0.73% ELECTRICAL 1.53% P 0.66% GLOBAL 1.51% DEVELOPMENTS 0.66% INVESTMENTS 1.50% CARE 0.66% ASSOCIATES 1.48% DIRECTORS 0.66% MEDIA 1.38% MARKETING 0.60% CO., 1.36% MAINTENANCE 0.60% DEVELOPMENTS 1.35% BUSINESS 0.53% BUILDING 1.30% MEDICAL 0.53% IT 1.30% PROPERTIES 0.53% M 1.23%
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 340 278,481 70229 - Management consultancy activities other than financial management 99 40,717 82990 - Other business support service activities not elsewhere classified 98 57,264 62020 - Information technology consultancy activities 65 29,313 99999 - Dormant Company 59 48,286 86210 - General medical practice activities 33 4,406 96090 - Other service activities not elsewhere classified 29 28,224 74909 - Other professional, scientific and technical activities not elsewhere classified 28 18,890 86900 - Other human health activities 26 11,807 47910 - Retail sale via mail order houses or via Internet 22 9,914 74990 - Non-trading company 19 14,006 68209 - Other letting and operating of own or leased real estate 19 10,361 62012 - Business and domestic software development 18 9,675 69201 - Accounting and auditing activities 17 7,401 43999 - Other specialised construction activities not elsewhere classified 16 8,501 96020 - Hairdressing and other beauty treatment 15 6,630 86220 - Specialists medical practice activities 15 3,889 43210 - Electrical installation 14 5,922 49410 - Freight transport by road 14 9,960 56103 - Take-away food shops and mobile food stands 14 7,917
Recent Companies
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Randomly selected companies from this quarter
reports
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