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
New Company Registrations
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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) Swansea UK 2014 296 143,414 2013 379 132,684 % change -21.9% 8.1% Record Year 2013 (379) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 106 93 97 New companies in 2013 137 114 128 % change -22.6% -18.4% -24.2% Record Year 2013 (137) 2007 (171) 2013 (128)
Closed Companies (dissolved)
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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) Swansea UK 2014 291 101,670 2013 205 86,170 % change 42.0% 18.0% Record Year 2009 (334) 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 Swansea when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 109 75 107 Closed companies in 2013 69 64 72 % change 58.0% 17.2% 49% Record Year 2014 (109) 2008 (134) 2009 (140)
Net Company Growth
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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) Swansea UK 2014 5 41,744 2013 174 46,514 Record Year 2007 (206) 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 -3 18 -10 Net growth in 2013 68 50 56 Record Year 2013 (68) 2007 (129) 2002 (78)
UK Company Share
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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 2014 0.2% 2013 0.3% 2012 0.3% 2011 0.2% 2010 0.3% Record Year (since 1960) 2007 (0.3%) 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 0.3% 0.3% 0.3% % change -29.7% -22.2% -30.5% Record Year 1992 (0.4%) 1969 (0.9%) 1992 (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 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
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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
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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 SWANSEA 1.56% CONSULTING 5.17% UN 1.51% MANAGEMENT 4.63% MANAGEMENT 1.41% CONSULTANCY 3.55% PROPERTY 1.26% PROPERTY 2.62% (WALES) 0.96% ENGINEERING 2.07% CONSULTANCY 0.96% CONSTRUCTION 2.05% (SWANSEA) 0.91% TRADING 2.00% S 0.81% LONDON 1.95% WALES 0.81% CARE 1.94% CONSULTING 0.76% TRANSPORT 1.76% ELECTRICAL 0.71% DESIGN 1.70% PROPERTIES 0.66% CONSULTANTS 1.70% GOWER 0.61% PROPERTIES 1.63% J 0.61% BUSINESS 1.62% ENERGY 0.56% J 1.53% CENTRE 0.56% ELECTRICAL 1.53% TRADING 0.56% GLOBAL 1.51% ASSOCIATES 0.56% INVESTMENTS 1.50% ENGINEERING 0.56% ASSOCIATES 1.48% R 0.56% MEDIA 1.38% BUILDING 0.50% CO., 1.36% TRAINING 0.50% DEVELOPMENTS 1.35% TECHNOLOGY 0.50% BUILDING 1.30% D 0.50% IT 1.30% GREEN 0.50% 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 693 278,481 82990 - Other business support service activities not elsewhere classified 111 57,264 99999 - Dormant Company 110 48,286 70229 - Management consultancy activities other than financial management 60 40,717 96090 - Other service activities not elsewhere classified 54 28,224 74909 - Other professional, scientific and technical activities not elsewhere classified 43 18,890 62020 - Information technology consultancy activities 33 29,313 86900 - Other human health activities 33 11,807 96020 - Hairdressing and other beauty treatment 32 6,630 41100 - Development of building projects 31 10,604 68209 - Other letting and operating of own or leased real estate 30 10,361 62012 - Business and domestic software development 29 9,675 93199 - Other sports activities 27 4,016 62090 - Other information technology service activities 27 12,795 47990 - Other retail sale not in stores, stalls or markets 26 6,327 56103 - Take-away food shops and mobile food stands 25 7,917 56101 - Licensed restaurants 25 8,546 86220 - Specialists medical practice activities 25 3,889 64999 - Financial intermediation not elsewhere classified 23 5,857 43210 - Electrical installation 23 5,922
Recent Companies
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Randomly selected companies from this quarter
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