Tamworth, West Midlands

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Tamworth when compared to any previous Q3.
  • July 2014 saw a new record in company registrations in Tamworth when compared to any previous July.
  • July 2014 saw a new record in company closures in Tamworth when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Tamworth when compared to any previous Q3.

    A total of 143 companies were registered in Tamworth during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 10.0% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)TamworthUK
    2014143143,414
    2013130132,684
    % change10.0%8.1%
    Record Year 2014 (143) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014573848
    New companies in 2013403753
    % change42.5%2.7%-9.4%
    Record Year2014 (57)2011 (39)2013 (53)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 100 companies were dissolved in Tamworth during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 13.6% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)TamworthUK
    2014100101,670
    20138886,170
    % change13.6%18.0%
    Record Year 2010 (104) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014372934
    Closed companies in 2013271546
    % change37.0%93.3%-26%
    Record Year2014 (37)2008 (62)2013 (46)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Tamworth during the third quarter of 2014 (Jul 2014 - Sep 2014) was 43 companies.

    third quarter (Jul 2014 - Sep 2014)TamworthUK
    20144341,744
    20134246,514
    Record Year 2011 (54) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201420914
    Net growth in 201313227
    Record Year2008 (30)1999 (25)2002 (31)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 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 (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change29.4%-2.0%-16.9%
    Record Year1999 (0.2%)1999 (0.2%)1990 (0.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 42.8.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Tamworth was in 2007 when 33.5% of all directors were female.

    29.0% of all director appointments in Tamworth in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    TAMWORTH1.58%CONSULTING5.17%
    CONSULTANCY1.48%MANAGEMENT4.63%
    MANAGEMENT1.48%CONSULTANCY3.55%
    TRANSPORT1.16%PROPERTY2.62%
    J1.06%ENGINEERING2.07%
    S0.84%CONSTRUCTION2.05%
    CARE0.74%TRADING2.00%
    DESIGN0.74%LONDON1.95%
    P0.74%CARE1.94%
    LOGISTICS0.74%TRANSPORT1.76%
    PROPERTIES0.74%DESIGN1.70%
    (MIDLANDS)0.63%CONSULTANTS1.70%
    CONSTRUCTION0.63%PROPERTIES1.63%
    SALES0.53%BUSINESS1.62%
    ROSE0.53%J1.53%
    R0.53%ELECTRICAL1.53%
    COFFEE0.53%GLOBAL1.51%
    HOMES0.53%INVESTMENTS1.50%
    M0.53%ASSOCIATES1.48%
    T0.53%MEDIA1.38%
    D0.53%CO.,1.36%
    ELECTRICAL0.53%DEVELOPMENTS1.35%
    MIDLANDS0.53%BUILDING1.30%
    DEVELOPMENTS0.53%IT1.30%
    BUSINESS0.53%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied237278,481
    49410 - Freight transport by road619,960
    99999 - Dormant Company4148,286
    82990 - Other business support service activities not elsewhere classified3157,264
    70229 - Management consultancy activities other than financial management2540,717
    62020 - Information technology consultancy activities2129,313
    96090 - Other service activities not elsewhere classified1828,224
    41100 - Development of building projects1610,604
    47910 - Retail sale via mail order houses or via Internet159,914
    43210 - Electrical installation155,922
    56302 - Public houses and bars136,056
    45200 - Maintenance and repair of motor vehicles135,335
    74990 - Non-trading company1214,006
    74909 - Other professional, scientific and technical activities not elsewhere classified1218,890
    62090 - Other information technology service activities1112,795
    69201 - Accounting and auditing activities117,401
    56101 - Licensed restaurants98,546
    86900 - Other human health activities911,807
    43999 - Other specialised construction activities not elsewhere classified98,501
    74100 - specialised design activities94,681

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09202071 PROBLEC U.K. LIMITED 03 Sep 2014
    09203263 TAMWORTH RESIN SURFACES LIMITED 04 Sep 2014
    09204308 SOL PARKS LIMITED 04 Sep 2014
    09205462 RIGHTWAY MEDICAL LIMITED 05 Sep 2014
    09211091 CODESMARTS SOFTWARE LIMITED 10 Sep 2014
    09216949 AVALAUNCH LIMITED 15 Sep 2014
    09217107 COFFEE & COCKTAILS LTD 15 Sep 2014
    09219010 CANINE CONNECTION LTD 15 Sep 2014
    09224834 103 CONSULTANCY LIMITED 18 Sep 2014
    09231578 TOY&GADGET SHOP LIMITED 23 Sep 2014
    09238555 TYRES AND T LTD 29 Sep 2014
    09239665 B.A.O LETTINGS LIMITED 29 Sep 2014
    09239792 FANCY CIG LTD 29 Sep 2014
    09241133 STONEHAVEN CONSTRUCTION LTD 30 Sep 2014
    09212532 THE ELITE FOOTBALL ACADEMY LIMITED 10 Sep 2014
    09214529 IVY CLOSE MANAGEMENT COMPANY LIMITED 11 Sep 2014
    09217057 BITTERSCOTE LANE 1973 LIMITED 15 Sep 2014
    09223452 MARTICK CONSTRUCTION LIMITED 17 Sep 2014
    09226938 L&K EVENTS LTD 19 Sep 2014
    09229582 DIGITAL EDUCATION SOLUTIONS LIMITED 22 Sep 2014
    09229799 XYZ ROBOTICS LTD 22 Sep 2014
    09205371 NEGOTIUM 360 SOLUTIONS LIMITED 05 Sep 2014
    09231860 IMPERIUM STAMPS LIMITED 23 Sep 2014
    09235274 INVENT SPECIFICATION LTD. 25 Sep 2014
    09235508 PRESENTATION CARDS & GIFTS LIMITED 25 Sep 2014