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
    08947044 BRAMTEC LIMITED 19 Mar 2014
    08950112 MSOL HOLDINGS LIMITED 20 Mar 2014
    08953731 SS FINANCE AND ENGINEERING LIMITED 24 Mar 2014
    08955463 K-GALAXY LTD 24 Mar 2014
    08959055 J & R DINSHAW LIMITED 25 Mar 2014
    08939628 EVS DESIGN LIMITED 14 Mar 2014
    08942711 PRESTIGE SCAFFOLDING LIMITED 17 Mar 2014
    08946210 CLUEGO LTD 19 Mar 2014
    08953350 OAK DAIRY FARM LTD 21 Mar 2014
    08958192 TALLY HO ANIMAL SUPPLIES LIMITED 25 Mar 2014
    08963892 PAPERCUT MEDIA LTD. 27 Mar 2014
    08918018 JASON OLIFFE LTD 03 Mar 2014
    08922333 STEPHEN BLUCK DRIVERHIRE LIMITED 04 Mar 2014
    08922689 SH CONSTRUCT LIMITED 05 Mar 2014
    08927267 EKRAIL CONSULTANTS LTD 07 Mar 2014
    08930459 TWISTED FUNK PROMOTIONS LIMITED 10 Mar 2014
    08932953 BAD WOLF PROMOTIONS LTD 11 Mar 2014
    08933926 SUTTON EVENT MANAGEMENT LTD 11 Mar 2014
    08939743 SUTTON MOTOR HOMES LIMITED 14 Mar 2014
    08944121 ROB EMERY HOUSING CONSULTANCY LTD 18 Mar 2014
    08948350 FITCAMP LIMITED 19 Mar 2014
    08950649 THE WATCHMAN LIMITED 20 Mar 2014
    08951580 SOLACE SPINE CARE LTD 21 Mar 2014
    08957433 INFORMATION ECONOMY EXCHANGE LIMITED 25 Mar 2014
    08959483 PALEM PROPERTIES LIMITED 26 Mar 2014