Swansea, Swansea
2014 Annual Business Confidence Report
Headlines
- December 2014 saw a new record in company registrations in Swansea when compared to any previous December.
- December 2014 saw a new record in company closures in Swansea when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
A total of 1,304 companies were formed in Swansea in 2014. This total is 7.3% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Swansea UK 2014 1,304 582,051 2013 1,407 529,363 2012 1,165 491,893 2011 1,031 452,870 2010 962 400,358 Record Year 2013 (1,407) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 603 companies were formed in Swansea. This figure is 16.4% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Swansea occurred in 2013 when a total of 721 were formed.
Half Year (Jul-Dec) Swansea UK 2014 603 281,320 2013 721 259,931 % change -16.4% 8.2% Record Year 2013 (721) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 307 companies were registered in Swansea during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 10.2% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Swansea UK 2014 307 137,906 2013 342 127,247 % change -10.2% 8.4% Record Year 2013 (342) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Swansea when compared to any previous December.
New Companies by Month
October November December New companies in 2014 113 112 82 New companies in 2013 138 126 78 % change -18.1% -11.1% 5.1% Record Year 2013 (138) 2013 (126) 2014 (82)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 985 companies were dissolved in Swansea in 2014. This total is 23.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Swansea UK 2014 985 367,937 2013 801 332,213 2012 801 293,729 2011 812 314,524 2010 845 342,233 Record Year 2009 (1,232) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 542 companies were dissolved in Swansea. This figure is 37.2% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Swansea occurred in 2009 when a total of 555 were closed.
Half Year (Jul-Dec) Swansea UK 2014 542 190,730 2013 395 177,021 % change 37.2% 7.7% Record Year 2009 (555) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 251 companies were dissolved in Swansea during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 32.1% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Swansea UK 2014 251 89,060 2013 190 90,851 % change 32.1% -2.0% Record Year 2014 (251) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Swansea when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 67 86 98 Closed companies in 2013 73 50 67 % change -8.2% 72.0% 46% Record Year 2012 (78) 2010 (92) 2014 (98)
Net Company Growth
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Annual Data (2014)
A total of 319 companies were added to the company register for Swansea in 2014. This number represents growth of 24.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 287 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Swansea company register grew by 606 companies.
Year Swansea UK 2014 319 214,114 2013 606 197,150 2012 364 198,164 2011 219 138,346 2010 117 58,125 Record Year 2013 (606) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Swansea increased by 61 companies.
Half Year (Jul-Dec) Swansea UK 2014 61 90,590 2013 326 82,910 Record Year 2003 (330) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Swansea during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 56 companies.
fourth quarter (Oct 2014 - Dec 2014) Swansea UK 2014 56 48,846 2013 152 36,396 Record Year 2013 (152) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 46 26 -16 Net growth in 2013 65 76 11 Record Year 2003 (80) 2013 (76) 2003 (63)
UK Company Share
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Annual Data (2014)
In 2014 Swansea formed 0.2% of all UK companies. This is a decline on 2013 when Swansea was responsible for 0.3% of all UK companies.
Year Swansea 2014 0.2% 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Swansea formed 0.2% of all UK companies. This is less than the 2013 figure of 0.3%.
Half Year (Jul-Dec) Swansea 2014 0.2% 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2007 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Swansea formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Swansea 2014 0.2% 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1995 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.3% 0.3% 0.2% % change -22.1% -15.6% -10.0% Record Year 1993 (0.4%) 1972 (0.6%) 1986 (0.5%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.3.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.0.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.0.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Swansea was 1973 when 100.0% of all directors were female.
The percentage of female directors in Swansea in 2014 was 24.5%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Swansea was 2007 when 35.0% of all directors were female.
24.0% of all director appointments in Swansea in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Swansea was in 2007 when 32.0% of all directors were female.
20.6% of all director appointments in Swansea in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SWANSEA 1.99% CONSULTING 5.22% MANAGEMENT 1.41% MANAGEMENT 4.58% PROPERTY 1.25% CONSULTANCY 3.57% (SWANSEA) 1.05% PROPERTY 2.66% J 0.89% CONSTRUCTION 2.12% ELECTRICAL 0.84% ENGINEERING 2.10% WALES 0.78% CARE 2.02% R 0.78% TRADING 1.94% (WALES) 0.73% LONDON 1.93% S 0.73% TRANSPORT 1.93% CONSULTANCY 0.73% DESIGN 1.66% CARE 0.73% CONSULTANTS 1.64% PROPERTIES 0.68% ELECTRICAL 1.62% CONSTRUCTION 0.63% PROPERTIES 1.62% CONSULTING 0.63% BUSINESS 1.56% MAINTENANCE 0.58% J 1.54% HOME 0.58% CO., 1.50% GOWER 0.58% GLOBAL 1.49% DEVELOPMENT 0.58% INVESTMENTS 1.48% CENTRE 0.52% ASSOCIATES 1.47% CLEANING 0.52% DEVELOPMENTS 1.35% BAR 0.52% MEDIA 1.33% ENERGY 0.52% IT 1.31% TRADING 0.47% BUILDING 1.29% GREEN 0.47% M 1.22%
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 647 265,608 99999 - Dormant Company 150 48,509 82990 - Other business support service activities not elsewhere classified 119 58,068 70229 - Management consultancy activities other than financial management 61 42,290 96090 - Other service activities not elsewhere classified 59 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 52 19,049 68209 - Other letting and operating of own or leased real estate 40 11,212 86900 - Other human health activities 35 12,976 56101 - Licensed restaurants 35 8,782 96020 - Hairdressing and other beauty treatment 34 6,742 62020 - Information technology consultancy activities 33 30,178 41100 - Development of building projects 29 11,397 93199 - Other sports activities 26 4,176 86220 - Specialists medical practice activities 26 4,031 64999 - Financial intermediation not elsewhere classified 26 6,083 62012 - Business and domestic software development 26 9,752 43210 - Electrical installation 25 5,985 47910 - Retail sale via mail order houses or via Internet 25 10,107 62090 - Other information technology service activities 25 12,837 56103 - Take-away food shops and mobile food stands 24 8,318
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09338652 WILLIAM STANFIELD LIMITED 03 Dec 2014 09342076 RENAISSANCE HOME DEVELOPMENT LTD 05 Dec 2014 09343668 A & X TOURS LTD 05 Dec 2014 09347984 P4 IT CONSULTING LTD 09 Dec 2014 09349472 THE POSTHOUSE RTM COMPANY LTD. 10 Dec 2014 09353803 LOCUM FILLER LTD. 12 Dec 2014 09358465 2000 MILES LTD 17 Dec 2014 09334635 LAURA PALMER DESIGNS LIMITED 01 Dec 2014 09337969 TED REES FINANCIAL SERVICES LTD 03 Dec 2014 09343387 AANDSA PHARM LIMITED 05 Dec 2014 09347063 ADVANCE PHYSIOTHERAPY & NUTRITION LTD 09 Dec 2014 09357657 S M PEARSON LTD 16 Dec 2014 09368757 SALON LISA 2 LIMITED 29 Dec 2014 09348838 MICROJEN LTD 10 Dec 2014 09368298 ALEX TINCOMBE LTD 29 Dec 2014 09346249 CLAIM ADVISERS R US LTD 08 Dec 2014 09347307 N.I.R.C.A. LTD 09 Dec 2014 09353709 LSA1 CONSULTING LIMITED 12 Dec 2014 09337555 KREATIV SOLUTIONS LTD 02 Dec 2014 09347932 AAK SUPERMARKET LTD 09 Dec 2014 09350308 FENDROD MOT CENTRE LIMITED 11 Dec 2014 09352176 HOGANS BAR AND GRILL LTD 12 Dec 2014 09350462 SQUEEGEE DAN LIMITED 11 Dec 2014 09352814 WE WILL CLEAR IT LIMITED 12 Dec 2014 09362989 CAMBRIA DENTAL CARE LIMITED 19 Dec 2014
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