Tamworth, West Midlands
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Tamworth when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Tamworth when compared to any previous second half year.
- October 2013 saw a new record in company closures in Tamworth when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Tamworth when compared to any year in history.
A total of 503 companies were formed in Tamworth in 2013. This total is 10.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Tamworth UK 2013 503 529,363 2012 456 491,893 2011 436 452,870 2010 384 400,358 2009 411 362,675 Record Year 2013 (503) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Tamworth when compared to any previous second half year.
In the second half of 2013 a total of 244 companies were formed in Tamworth. This figure is 14.0% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Tamworth occurred in 2013 when a total of 244 were formed.
Half Year (Jul-Dec) Tamworth UK 2013 244 259,931 2012 214 238,743 % change 14.0% 8.9% Record Year 2013 (244) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 114 companies were registered in Tamworth during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 11.8% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Tamworth UK 2013 114 127,247 2012 102 119,875 % change 11.8% 6.1% Record Year 2013 (114) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 39 32 43 New companies in 2012 32 41 29 % change 21.9% -22.0% 48.3% Record Year 1998 (54) 2011 (44) 1998 (44)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 359 companies were dissolved in Tamworth in 2013. This total is 31.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Tamworth UK 2013 359 332,213 2012 274 293,729 2011 276 314,524 2010 376 342,233 2009 447 533,789 Record Year 2009 (447) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 184 companies were dissolved in Tamworth. This figure is 17.2% higher than last year, which compares well to the UK wide change of 21.3%.
The highest total for a second half year in Tamworth occurred in 2009 when a total of 193 were closed.
Half Year (Jul-Dec) Tamworth UK 2013 184 177,021 2012 157 145,935 % change 17.2% 21.3% Record Year 2009 (193) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 96 companies were dissolved in Tamworth during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 29.7% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Tamworth UK 2013 96 90,851 2012 74 70,027 % change 29.7% 29.7% Record Year 2009 (100) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company closures in Tamworth when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 45 24 27 Closed companies in 2012 33 27 14 % change 36.4% -11.1% 93% Record Year 2013 (45) 2005 (35) 2009 (48)
Net Company Growth
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Annual Data (2013)
A total of 144 companies were added to the company register for Tamworth in 2013. This number represents growth of 28.6% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 38 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Tamworth company register grew by 197 companies.
Year Tamworth UK 2013 144 197,150 2012 182 198,164 2011 160 138,346 2010 8 58,125 2009 -36 -171,114 Record Year 2007 (197) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Tamworth increased by 60 companies.
Half Year (Jul-Dec) Tamworth UK 2013 60 82,910 2012 57 92,808 Record Year 1998 (168) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Tamworth during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 18 companies.
fourth quarter (Oct 2013 - Dec 2013) Tamworth UK 2013 18 36,396 2012 28 49,848 Record Year 2007 (48) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 -6 8 16 Net growth in 2012 -1 14 15 Record Year 1998 (44) 2000 (31) 1998 (36)
UK Company Share
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Annual Data (2013)
In 2013 Tamworth formed 0.1% of all UK companies. This is no change on 2012 when Tamworth was responsible for 0.1% of all UK companies.
Year Tamworth 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1998 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Tamworth formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Tamworth 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1998 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Tamworth formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Tamworth 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1998 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 13.2% -23.3% 34.9% Record Year 1998 (0.3%) 2000 (0.2%) 1998 (0.3%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.8.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.2.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 45.4.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Tamworth was 1990 when 40.6% of all directors were female.
The percentage of female directors in Tamworth in 2013 was 25.5%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Tamworth was 2007 when 31.1% of all directors were female.
25.3% of all director appointments in Tamworth in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Tamworth was in 2008 when 31.0% of all directors were female.
21.8% of all director appointments in Tamworth in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.47% CONSULTING 5.22% TRANSPORT 1.47% MANAGEMENT 4.72% TAMWORTH 1.35% CONSULTANCY 3.45% LOGISTICS 1.35% PROPERTY 2.59% CONSULTANCY 1.24% TRADING 2.08% PROPERTY 1.13% ENGINEERING 1.87% J 0.90% LONDON 1.86% SECURITY 0.79% DESIGN 1.76% DESIGN 0.79% CONSTRUCTION 1.73% ELECTRICAL 0.79% CARE 1.73% S 0.68% BUSINESS 1.71% ENGINEERING 0.56% CONSULTANTS 1.68% P 0.56% GLOBAL 1.58% (MIDLANDS) 0.56% INVESTMENTS 1.56% CONSULTING 0.56% PROPERTIES 1.54% GREEN 0.56% ASSOCIATES 1.53% MIDLANDS 0.56% J 1.51% AUTOMOTIVE 0.56% MEDIA 1.50% K 0.45% IT 1.35% B 0.45% DEVELOPMENTS 1.23% C 0.45% M 1.23% PROJECT 0.45% BUILDING 1.21% FIRE 0.45% ELECTRICAL 1.20% R 0.45% CAPITAL 1.19% M 0.45% ENERGY 1.14%
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 230 266,814 49410 - Freight transport by road 52 7,333 99999 - Dormant Company 47 46,762 70229 - Management consultancy activities other than financial management 29 36,164 43210 - Electrical installation 20 5,730 82990 - Other business support service activities not elsewhere classified 19 55,342 62020 - Information technology consultancy activities 19 27,183 96090 - Other service activities not elsewhere classified 18 26,001 47910 - Retail sale via mail order houses or via Internet 16 8,879 45200 - Maintenance and repair of motor vehicles 15 4,987 74909 - Other professional, scientific and technical activities not elsewhere classified 14 18,034 69201 - Accounting and auditing activities 11 7,075 86900 - Other human health activities 10 9,543 62090 - Other information technology service activities 10 12,511 43290 - Other construction installation 10 3,149 32990 - Other manufacturing not elsewhere classified 9 3,340 43999 - Other specialised construction activities not elsewhere classified 9 7,823 41100 - Development of building projects 9 9,485 43220 - Plumbing, heat and air-conditioning installation 8 4,687 96020 - Hairdressing and other beauty treatment 8 6,000
Recent Companies
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Randomly selected companies from this quarter
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