Tamworth, West Midlands

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Tamworth when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Tamworth when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Tamworth when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Tamworth when compared to any quarter in history.
  • May 2014 saw a new record in company registrations in Tamworth when compared to any previous May.
  • April 2014 saw a new record in net growth in Tamworth when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Tamworth when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Tamworth when compared to any half year in history.

    In the first half of 2014 a total of 280 companies were formed in Tamworth. This figure is 8.1% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Tamworth occurred in 2014 when a total of 280 were formed.

    Half Year (Jan-Jun)TamworthUK
    2014280300,731
    2013259269,432
    % change8.1%11.6%
    Record Year2014 (280)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Tamworth when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Tamworth when compared to any quarter in history.

    A total of 151 companies were registered in Tamworth during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 15.3% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)TamworthUK
    2014151150,009
    2013131134,630
    % change15.3%11.4%
    Record Year 2014 (151) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company registrations in Tamworth when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2014584845
    New companies in 2013583241
    % change0.0%50.0%9.8%
    Record Year2013 (58)2014 (48)2003 (48)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 178 companies were dissolved in Tamworth. This figure is 1.7% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Tamworth occurred in 2009 when a total of 254 were closed.

    Half Year (Jan-Jun)TamworthUK
    2014178177,207
    2013175155,192
    % change1.7%14.2%
    Record Year2009 (254)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 86 companies were dissolved in Tamworth during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 17.3% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)TamworthUK
    20148694,837
    201310477,278
    % change-17.3%22.7%
    Record Year 2009 (145) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014224024
    Closed companies in 2013313340
    % change-29.0%21.2%-40%
    Record Year2013 (31)2009 (72)2010 (44)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Tamworth increased by 102 companies.

    Half Year (Jan-Jun)TamworthUK
    2014102123,524
    201384114,240
    Record Year1999 (148)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Tamworth during the second quarter of 2014 (Apr 2014 - Jun 2014) was 65 companies.

    second quarter (Apr 2014 - Jun 2014)TamworthUK
    20146555,172
    20132757,352
    Record Year 2014 (65) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Tamworth when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 201436821
    Net growth in 201327-11
    Record Year2014 (36)2003 (29)1999 (38)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Tamworth formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Tamworth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1999 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Tamworth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1999 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-9.8%38.5%-4.9%
    Record Year1994 (0.2%)1991 (0.2%)1999 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 43.9.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.1.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Tamworth was 2007 when 33.8% of all directors were female.

    26.6% of all director appointments in Tamworth in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Tamworth was in 2007 when 35.6% of all directors were female.

    25.7% of all director appointments in Tamworth in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    TAMWORTH1.77%CONSULTING5.16%
    MANAGEMENT1.77%MANAGEMENT4.64%
    CONSULTANCY1.55%CONSULTANCY3.50%
    TRANSPORT1.33%PROPERTY2.66%
    LOGISTICS1.10%TRADING2.03%
    S0.99%ENGINEERING1.99%
    J0.88%CONSTRUCTION1.93%
    (MIDLANDS)0.77%LONDON1.93%
    M0.77%CARE1.85%
    P0.66%DESIGN1.75%
    MIDLANDS0.66%CONSULTANTS1.73%
    PROPERTY0.66%BUSINESS1.69%
    PROPERTIES0.66%PROPERTIES1.63%
    ENGINEERING0.55%TRANSPORT1.58%
    R0.55%GLOBAL1.55%
    C0.55%INVESTMENTS1.55%
    DESIGN0.55%J1.51%
    MAINTENANCE0.55%ASSOCIATES1.48%
    DEVELOPMENTS0.55%MEDIA1.44%
    CONSTRUCTION0.55%ELECTRICAL1.40%
    COFFEE0.55%IT1.33%
    ELECTRICAL0.55%DEVELOPMENTS1.33%
    HOLDINGS0.44%BUILDING1.26%
    CARE0.44%M1.24%
    SUTTON0.44%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied213261,557
    49410 - Freight transport by road629,265
    99999 - Dormant Company3748,436
    70229 - Management consultancy activities other than financial management3240,250
    82990 - Other business support service activities not elsewhere classified2957,421
    47910 - Retail sale via mail order houses or via Internet189,900
    96090 - Other service activities not elsewhere classified1728,352
    62020 - Information technology consultancy activities1629,029
    41100 - Development of building projects1610,527
    43210 - Electrical installation156,050
    74909 - Other professional, scientific and technical activities not elsewhere classified1319,058
    45200 - Maintenance and repair of motor vehicles135,375
    56302 - Public houses and bars136,099
    69201 - Accounting and auditing activities127,415
    32990 - Other manufacturing not elsewhere classified113,534
    74990 - Non-trading company1114,351
    62090 - Other information technology service activities1013,024
    74100 - specialised design activities94,703
    86900 - Other human health activities911,292
    43999 - Other specialised construction activities not elsewhere classified98,533

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09070665 RWB CALL AND RESPONSE LIMITED 04 Jun 2014
    09073680 MAKEITBUILDIT LIMITED 05 Jun 2014
    09078512 DELANEY'S INDEPENDENT TRADING LIMITED 10 Jun 2014
    09079141 DANNY BATES TRANSPORT LIMITED 10 Jun 2014
    09089564 VILLAGE & COUNTRY ESTATE AGENTS LTD. 17 Jun 2014
    09091342 COMMERCIAL HARDWARE LIMITED 18 Jun 2014
    09099958 FLASHNET UK LIMITED 24 Jun 2014
    09101110 JMW STEEL LTD 24 Jun 2014
    09067266 RAW RECRUITMENT LIMITED 02 Jun 2014
    09067934 CH PERFORMANCE LIMITED 03 Jun 2014
    09073581 HANKAH LTD 05 Jun 2014
    09074974 CHANGZHOU LIANYI EUROPE LIMITED 06 Jun 2014
    09075127 LIANYI-EUROPE LIMITED 06 Jun 2014
    09077219 FLOORS 2 GO LIMITED 09 Jun 2014
    09066446 LHN DEVELOPMENTS LIMITED 02 Jun 2014
    09070103 THE ALBERT PUB LTD 04 Jun 2014
    09078093 HOMEWOOD DESIGN & BUILD LIMITED 09 Jun 2014
    09079840 STRATUM SOLUTIONS LIMITED 10 Jun 2014
    09084922 DJH APPLICATIONS LTD 13 Jun 2014
    09086758 JL MIDLANDS LTD 16 Jun 2014
    09089971 GREENJINN LTD 17 Jun 2014
    09092884 LASER CUTTING & FABRICATION SERVICES LTD 19 Jun 2014
    09097786 UAVISUAL LTD 23 Jun 2014
    09104745 TUDOR HILL RAILWAY STATION LTD 26 Jun 2014
    09106555 HELLO THE ACCOUNTS DEPARTMENT LTD 27 Jun 2014