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
New Company Registrations
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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) Tamworth UK 2014 129 150,722 2013 128 134,802 % change 0.8% 11.8% Record Year 2007 (143) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 36 41 52 New companies in 2013 44 32 52 % change -18.2% 28.1% 0.0% Record Year 2013 (44) 2007 (52) 2011 (59)
Closed Companies (dissolved)
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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) Tamworth UK 2014 92 82,370 2013 71 77,914 % change 29.6% 5.7% Record Year 2009 (109) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 30 33 29 Closed companies in 2013 24 26 21 % change 25.0% 26.9% 38% Record Year 2011 (31) 2014 (33) 2009 (57)
Net Company Growth
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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) Tamworth UK 2014 37 68,352 2013 57 56,888 Record Year 2012 (80) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 6 8 23 Net growth in 2013 20 6 31 Record Year 1998 (33) 2007 (28) 2008 (41)
UK Company Share
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1998 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -23.5% 18.4% -16.5% Record Year 1998 (0.2%) 1999 (0.2%) 1998 (0.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.71% CONSULTING 5.22% MANAGEMENT 1.59% MANAGEMENT 4.67% TAMWORTH 1.59% CONSULTANCY 3.49% LOGISTICS 1.48% PROPERTY 2.64% TRANSPORT 1.48% TRADING 2.05% J 1.02% LONDON 1.88% PROPERTY 0.91% ENGINEERING 1.86% DESIGN 0.80% CARE 1.79% S 0.80% CONSTRUCTION 1.75% M 0.68% DESIGN 1.75% ENGINEERING 0.68% CONSULTANTS 1.73% PROPERTIES 0.68% BUSINESS 1.71% ELECTRICAL 0.68% PROPERTIES 1.60% R 0.68% INVESTMENTS 1.60% MIDLANDS 0.68% GLOBAL 1.58% SECURITY 0.68% J 1.48% P 0.57% ASSOCIATES 1.48% DEVELOPMENTS 0.57% MEDIA 1.48% CONSULTING 0.57% IT 1.33% (MIDLANDS) 0.57% TRANSPORT 1.30% CONSULTANTS 0.57% DEVELOPMENTS 1.29% MAINTENANCE 0.46% BUILDING 1.24% COMMUNITY 0.46% M 1.21% SYSTEMS 0.46% CAPITAL 1.20% CONSTRUCTION 0.46% ELECTRICAL 1.19%
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 234 280,210 49410 - Freight transport by road 54 8,014 99999 - Dormant Company 39 47,084 70229 - Management consultancy activities other than financial management 33 37,882 82990 - Other business support service activities not elsewhere classified 21 56,411 43210 - Electrical installation 19 5,885 47910 - Retail sale via mail order houses or via Internet 18 9,358 62020 - Information technology consultancy activities 18 27,750 96090 - Other service activities not elsewhere classified 16 26,700 74909 - Other professional, scientific and technical activities not elsewhere classified 14 18,491 45200 - Maintenance and repair of motor vehicles 13 5,130 41100 - Development of building projects 13 9,855 69201 - Accounting and auditing activities 13 7,313 32990 - Other manufacturing not elsewhere classified 12 3,403 56302 - Public houses and bars 12 5,732 62090 - Other information technology service activities 10 12,813 86900 - Other human health activities 10 10,273 43999 - Other specialised construction activities not elsewhere classified 9 8,155 74100 - specialised design activities 9 4,475 43290 - Other construction installation 9 3,231
Recent Companies
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Randomly selected companies from this quarter
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