Swansea, Swansea

Q3 2014 Business Confidence Report

Headlines

  • July 2014 saw a new record in company closures in Swansea 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)

    A total of 296 companies were registered in Swansea during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is a decrease of 21.9% versus the same period last year (Q3 2013). This figure compares badly 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)SwanseaUK
    2014296143,414
    2013379132,684
    % change-21.9%8.1%
    Record Year 2013 (379) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    New Companies by Month
    JulyAugustSeptember
    New companies in 20141069397
    New companies in 2013137114128
    % change-22.6%-18.4%-24.2%
    Record Year2013 (137)2007 (171)2013 (128)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 291 companies were dissolved in Swansea during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 42.0% 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)SwanseaUK
    2014291101,670
    201320586,170
    % change42.0%18.0%
    Record Year 2009 (334) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 201410975107
    Closed companies in 2013696472
    % change58.0%17.2%49%
    Record Year2014 (109)2008 (134)2009 (140)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Swansea during the third quarter of 2014 (Jul 2014 - Sep 2014) was 5 companies.

    third quarter (Jul 2014 - Sep 2014)SwanseaUK
    2014541,744
    201317446,514
    Record Year 2007 (206) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014-318-10
    Net growth in 2013685056
    Record Year2013 (68)2007 (129)2002 (78)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Swansea
    20140.2%
    20130.3%
    20120.3%
    20110.2%
    20100.3%
    Record Year (since 1960) 2007 (0.3%)
    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 20130.3%0.3%0.3%
    % change-29.7%-22.2%-30.5%
    Record Year1992 (0.4%)1969 (0.9%)1992 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 44.0.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.6% 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 Swansea was in 2007 when 37.0% of all directors were female.

    27.2% of all director appointments in Swansea 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
    SWANSEA1.56%CONSULTING5.17%
    UN1.51%MANAGEMENT4.63%
    MANAGEMENT1.41%CONSULTANCY3.55%
    PROPERTY1.26%PROPERTY2.62%
    (WALES)0.96%ENGINEERING2.07%
    CONSULTANCY0.96%CONSTRUCTION2.05%
    (SWANSEA)0.91%TRADING2.00%
    S0.81%LONDON1.95%
    WALES0.81%CARE1.94%
    CONSULTING0.76%TRANSPORT1.76%
    ELECTRICAL0.71%DESIGN1.70%
    PROPERTIES0.66%CONSULTANTS1.70%
    GOWER0.61%PROPERTIES1.63%
    J0.61%BUSINESS1.62%
    ENERGY0.56%J1.53%
    CENTRE0.56%ELECTRICAL1.53%
    TRADING0.56%GLOBAL1.51%
    ASSOCIATES0.56%INVESTMENTS1.50%
    ENGINEERING0.56%ASSOCIATES1.48%
    R0.56%MEDIA1.38%
    BUILDING0.50%CO.,1.36%
    TRAINING0.50%DEVELOPMENTS1.35%
    TECHNOLOGY0.50%BUILDING1.30%
    D0.50%IT1.30%
    GREEN0.50%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied693278,481
    82990 - Other business support service activities not elsewhere classified11157,264
    99999 - Dormant Company11048,286
    70229 - Management consultancy activities other than financial management6040,717
    96090 - Other service activities not elsewhere classified5428,224
    74909 - Other professional, scientific and technical activities not elsewhere classified4318,890
    62020 - Information technology consultancy activities3329,313
    86900 - Other human health activities3311,807
    96020 - Hairdressing and other beauty treatment326,630
    41100 - Development of building projects3110,604
    68209 - Other letting and operating of own or leased real estate3010,361
    62012 - Business and domestic software development299,675
    93199 - Other sports activities274,016
    62090 - Other information technology service activities2712,795
    47990 - Other retail sale not in stores, stalls or markets266,327
    56103 - Take-away food shops and mobile food stands257,917
    56101 - Licensed restaurants258,546
    86220 - Specialists medical practice activities253,889
    64999 - Financial intermediation not elsewhere classified235,857
    43210 - Electrical installation235,922

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09112840 DESHI SPICE LTD 02 Jul 2014
    09121050 UNITED BUSINESS MANAGEMENT SERVICES LIMITED 08 Jul 2014
    09121736 DKS (GB) LIMITED 08 Jul 2014
    09121765 FRENCH PROPERTIES DIRECT LIMITED 08 Jul 2014
    09123080 DELTA TESTING LTD 09 Jul 2014
    09132202 789456123 LTD 15 Jul 2014
    09132227 CAMBRIAN CATERING SERVICES LIMITED 15 Jul 2014
    09147720 AVIONIX SURVEYS LIMITED 25 Jul 2014
    09152859 IGNITION FIREWORKS LIMITED 30 Jul 2014
    09153324 5TH FLOOR LIMITED 30 Jul 2014
    09126942 A 2 B MINIBUS TRAVEL LTD 11 Jul 2014
    09144009 TOLERANCE MUSIC LIMITED 23 Jul 2014
    09109994 CLOUDIVATE NETWORKS LIMITED 01 Jul 2014
    09120172 ARMOR ESTATE MANAGEMENT LTD 08 Jul 2014
    09123243 KSR EMS HOLDINGS LIMITED 09 Jul 2014
    09132389 AJB PRECISION LIMITED 15 Jul 2014
    09115305 CJI PROPERTIES (PONTARDDULAIS) LIMITED 03 Jul 2014
    09118403 CERTA SOLUTIONS LTD. 07 Jul 2014
    09124781 FOURSIBS LTD 10 Jul 2014
    09151674 ARJUN SUGUMARAN LIMITED 29 Jul 2014
    09113412 TWIN INTERIORS SW LTD. 02 Jul 2014
    09116175 STORM MARKETING AND MEDIA LTD 04 Jul 2014
    09121783 CRYSTAL CLEAR POOLS LIMITED 08 Jul 2014
    09110480 S 2 E SAVINGS LTD 01 Jul 2014
    09126835 HARTCOM SOLUTIONS LIMITED 11 Jul 2014