Swansea, Swansea

Q1 2014 Business Confidence Report

Headlines

  • January 2014 saw a new record in company registrations in Swansea when compared to any previous January.

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)

    A total of 333 companies were registered in Swansea during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 6.5% versus the same period last year (Q1 2013). This figure compares badly 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)SwanseaUK
    2014333150,722
    2013356134,802
    % change-6.5%11.8%
    Record Year 2013 (356) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

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

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014113116104
    New companies in 2013111120125
    % change1.8%-3.3%-16.8%
    Record Year2014 (113)2013 (120)2013 (125)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 202 companies were dissolved in Swansea during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 15.1% versus the same period last year (Q1 2013). This figure compares well 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)SwanseaUK
    201420282,370
    201323877,914
    % change-15.1%5.7%
    Record Year 2011 (243) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014567868
    Closed companies in 20131047262
    % change-46.2%8.3%10%
    Record Year2013 (104)2011 (86)2009 (143)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Swansea during the first quarter of 2014 (Jan 2014 - Mar 2014) was 131 companies.

    first quarter (Jan 2014 - Mar 2014)SwanseaUK
    201413168,352
    201311856,888
    Record Year 2006 (169) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014573836
    Net growth in 201374863
    Record Year2003 (58)2005 (74)2006 (87)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

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

    first quarter (Jan 2014 - Mar 2014)Swansea
    20140.2%
    20130.3%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2003 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.3%0.3%0.3%
    % change-4.8%-10.7%-30.6%
    Record Year1985 (0.4%)1981 (0.5%)1994 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

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

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.6% 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 Swansea was in 2008 when 34.5% of all directors were female.

    23.6% of all director appointments in Swansea 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
    SWANSEA1.81%CONSULTING5.22%
    UN1.47%MANAGEMENT4.67%
    PROPERTY1.08%CONSULTANCY3.49%
    CONSULTING1.03%PROPERTY2.64%
    MANAGEMENT1.03%TRADING2.05%
    (WALES)0.98%LONDON1.88%
    (SWANSEA)0.93%ENGINEERING1.86%
    ENERGY0.88%CARE1.79%
    ELECTRICAL0.83%CONSTRUCTION1.75%
    CONSULTANCY0.74%DESIGN1.75%
    PROPERTIES0.74%CONSULTANTS1.73%
    WALES0.69%BUSINESS1.71%
    HEATING0.64%PROPERTIES1.60%
    R0.64%INVESTMENTS1.60%
    GREEN0.59%GLOBAL1.58%
    DESIGN0.54%J1.48%
    GOWER0.54%ASSOCIATES1.48%
    BUILDING0.54%MEDIA1.48%
    C0.54%IT1.33%
    PLUMBING0.49%TRANSPORT1.30%
    CATERING0.49%DEVELOPMENTS1.29%
    MEDIA0.49%BUILDING1.24%
    D0.49%M1.21%
    TECHNOLOGY0.49%CAPITAL1.20%
    TRADING0.49%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied649280,210
    82990 - Other business support service activities not elsewhere classified11456,411
    99999 - Dormant Company11447,084
    70229 - Management consultancy activities other than financial management6237,882
    96090 - Other service activities not elsewhere classified5226,700
    74909 - Other professional, scientific and technical activities not elsewhere classified4218,491
    86900 - Other human health activities3410,273
    62020 - Information technology consultancy activities3027,750
    41100 - Development of building projects289,855
    68209 - Other letting and operating of own or leased real estate279,284
    47990 - Other retail sale not in stores, stalls or markets275,988
    43999 - Other specialised construction activities not elsewhere classified268,155
    56103 - Take-away food shops and mobile food stands247,300
    62012 - Business and domestic software development239,509
    96020 - Hairdressing and other beauty treatment236,236
    47910 - Retail sale via mail order houses or via Internet229,358
    43390 - Other building completion and finishing225,521
    43210 - Electrical installation225,885
    93199 - Other sports activities213,848
    56102 - Unlicensed restaurants and cafes204,039

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08926431 ADVANCED WEB TECHNOLOGY LTD 06 Mar 2014
    08938002 SMART SESAME LTD 13 Mar 2014
    08944171 SIMS & JONES FUNERAL DIRECTORS LIMITED 18 Mar 2014
    08949153 CLEANWORX CLEANING SERVICES LTD 20 Mar 2014
    08949461 ABER LANDSCAPES LIMITED 20 Mar 2014
    08951669 PLANET VERITAS LIMITED 21 Mar 2014
    08963130 ALPHA INTERIOR SOLUTIONS LTD 27 Mar 2014
    08964961 ALL CLAIMS MARKETING LTD 28 Mar 2014
    08968272 DS CLEANING & MAINTENANCE LTD 31 Mar 2014
    08969109 ON-SITE ELECTRICAL (WALES) LIMITED 31 Mar 2014
    08924559 SHARKS SWIM SHOP LTD 05 Mar 2014
    08957003 DERWEN FAWR SERVICES LTD 25 Mar 2014
    08942371 CROWD SORCERER LIMITED 17 Mar 2014
    08962845 SWANSEA 1955 LIMITED 27 Mar 2014
    08966566 5103 LTD 31 Mar 2014
    08921923 FUNSTERS PARTY & PLAY LIMITED 04 Mar 2014
    08946949 F & F GAMES LIMITED 19 Mar 2014
    08949173 JESTER CHARTERS LIMITED 20 Mar 2014
    08951934 MEDICAL RECORDS 4 LAWYERS LTD 21 Mar 2014
    08962734 GYMRAGZ FITNESS LTD 27 Mar 2014
    08967187 SOLOMON ELECTRICAL (WALES) LIMITED 31 Mar 2014
    08968548 FUSION STYLISTS LTD 31 Mar 2014
    08958865 CRUISE CULTURE LTD 25 Mar 2014
    08922764 HORIZON WINDOWS LIMITED 05 Mar 2014
    08944058 GOWER SCHOOL OF HYPNOTHERAPY LTD. 18 Mar 2014