Tamworth, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • February 2014 saw a new record in company closures in Tamworth when compared to any previous February.

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 129 companies were registered in Tamworth during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 0.8% 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)TamworthUK
    2014129150,722
    2013128134,802
    % change0.8%11.8%
    Record Year 2007 (143) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014364152
    New companies in 2013443252
    % change-18.2%28.1%0.0%
    Record Year2013 (44)2007 (52)2011 (59)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 92 companies were dissolved in Tamworth during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 29.6% versus the same period last year (Q1 2013). This figure compares poorly 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)TamworthUK
    20149282,370
    20137177,914
    % change29.6%5.7%
    Record Year 2009 (109) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Tamworth when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014303329
    Closed companies in 2013242621
    % change25.0%26.9%38%
    Record Year2011 (31)2014 (33)2009 (57)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Tamworth during the first quarter of 2014 (Jan 2014 - Mar 2014) was 37 companies.

    first quarter (Jan 2014 - Mar 2014)TamworthUK
    20143768,352
    20135756,888
    Record Year 2012 (80) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20146823
    Net growth in 201320631
    Record Year1998 (33)2007 (28)2008 (41)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Tamworth formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Tamworth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1998 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-23.5%18.4%-16.5%
    Record Year1998 (0.2%)1999 (0.2%)1998 (0.2%)

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 2.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.3% 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 Tamworth was in 2007 when 32.5% of all directors were female.

    27.7% of all director appointments in Tamworth 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
    CONSULTANCY1.71%CONSULTING5.22%
    MANAGEMENT1.59%MANAGEMENT4.67%
    TAMWORTH1.59%CONSULTANCY3.49%
    LOGISTICS1.48%PROPERTY2.64%
    TRANSPORT1.48%TRADING2.05%
    J1.02%LONDON1.88%
    PROPERTY0.91%ENGINEERING1.86%
    DESIGN0.80%CARE1.79%
    S0.80%CONSTRUCTION1.75%
    M0.68%DESIGN1.75%
    ENGINEERING0.68%CONSULTANTS1.73%
    PROPERTIES0.68%BUSINESS1.71%
    ELECTRICAL0.68%PROPERTIES1.60%
    R0.68%INVESTMENTS1.60%
    MIDLANDS0.68%GLOBAL1.58%
    SECURITY0.68%J1.48%
    P0.57%ASSOCIATES1.48%
    DEVELOPMENTS0.57%MEDIA1.48%
    CONSULTING0.57%IT1.33%
    (MIDLANDS)0.57%TRANSPORT1.30%
    CONSULTANTS0.57%DEVELOPMENTS1.29%
    MAINTENANCE0.46%BUILDING1.24%
    COMMUNITY0.46%M1.21%
    SYSTEMS0.46%CAPITAL1.20%
    CONSTRUCTION0.46%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied234280,210
    49410 - Freight transport by road548,014
    99999 - Dormant Company3947,084
    70229 - Management consultancy activities other than financial management3337,882
    82990 - Other business support service activities not elsewhere classified2156,411
    43210 - Electrical installation195,885
    47910 - Retail sale via mail order houses or via Internet189,358
    62020 - Information technology consultancy activities1827,750
    96090 - Other service activities not elsewhere classified1626,700
    74909 - Other professional, scientific and technical activities not elsewhere classified1418,491
    45200 - Maintenance and repair of motor vehicles135,130
    41100 - Development of building projects139,855
    69201 - Accounting and auditing activities137,313
    32990 - Other manufacturing not elsewhere classified123,403
    56302 - Public houses and bars125,732
    62090 - Other information technology service activities1012,813
    86900 - Other human health activities1010,273
    43999 - Other specialised construction activities not elsewhere classified98,155
    74100 - specialised design activities94,475
    43290 - Other construction installation93,231

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08883398 AJM DRIVER SPECIALIST LIMITED 10 Feb 2014
    08884179 QUARRY HILL 1971 LIMITED 10 Feb 2014
    08894679 WALTERS FACILITIES MANAGEMENT LTD 14 Feb 2014
    08894898 JUST IN TIME COURIERS LTD 14 Feb 2014
    08899019 VERACITY CLAIMS LIMITED 17 Feb 2014
    08915211 EMMA'S EMPORIUM LTD 27 Feb 2014
    08884170 ELEGANT BUBBLES LTD 10 Feb 2014
    08886539 REVOLUTION CORPORATE EVENTS LTD 11 Feb 2014
    08900655 WILLOW IT CONSULTANCY LIMITED 18 Feb 2014
    08902140 THE BIG FAT COW BURGER JOINT LIMITED 19 Feb 2014
    08915347 BURST DESIGN AND PRINT LIMITED 27 Feb 2014
    08873949 BIRMINGHAM AESTHETIC ROOMS LTD 03 Feb 2014
    08874410 THAI VISA SOLUTIONS LTD 04 Feb 2014
    08875237 SBJ SOLUTIONS LIMITED 04 Feb 2014
    08875793 KBC ENTERPRISE LIMITED 04 Feb 2014
    08876179 LG AUTOS LTD 04 Feb 2014
    08893375 SADLER HEATING LTD 13 Feb 2014
    08894296 PETER JUKES LIMITED 13 Feb 2014
    08894418 ECO GAS MIDLANDS LIMITED 13 Feb 2014
    08900831 SIMPLY WEBINARS LIMITED 18 Feb 2014
    08905647 A H R GARAGE SERVICES LTD 21 Feb 2014
    08908541 R U PLASTERING LIMITED 24 Feb 2014
    08908712 J BARBER TRANSPORT LTD 24 Feb 2014
    08913448 KJC LOGISTICS LIMITED 26 Feb 2014
    08914312 O2 CREATIVE LABS LIMITED 27 Feb 2014