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
New Company Registrations
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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) Tamworth UK 2014 143 143,414 2013 130 132,684 % change 10.0% 8.1% Record Year 2014 (143) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 57 38 48 New companies in 2013 40 37 53 % change 42.5% 2.7% -9.4% Record Year 2014 (57) 2011 (39) 2013 (53)
Closed Companies (dissolved)
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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) Tamworth UK 2014 100 101,670 2013 88 86,170 % change 13.6% 18.0% Record Year 2010 (104) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 37 29 34 Closed companies in 2013 27 15 46 % change 37.0% 93.3% -26% Record Year 2014 (37) 2008 (62) 2013 (46)
Net Company Growth
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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) Tamworth UK 2014 43 41,744 2013 42 46,514 Record Year 2011 (54) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 20 9 14 Net growth in 2013 13 22 7 Record Year 2008 (30) 1999 (25) 2002 (31)
UK Company Share
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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 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 (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 29.4% -2.0% -16.9% Record Year 1999 (0.2%) 1999 (0.2%) 1990 (0.2%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TAMWORTH 1.58% CONSULTING 5.17% CONSULTANCY 1.48% MANAGEMENT 4.63% MANAGEMENT 1.48% CONSULTANCY 3.55% TRANSPORT 1.16% PROPERTY 2.62% J 1.06% ENGINEERING 2.07% S 0.84% CONSTRUCTION 2.05% CARE 0.74% TRADING 2.00% DESIGN 0.74% LONDON 1.95% P 0.74% CARE 1.94% LOGISTICS 0.74% TRANSPORT 1.76% PROPERTIES 0.74% DESIGN 1.70% (MIDLANDS) 0.63% CONSULTANTS 1.70% CONSTRUCTION 0.63% PROPERTIES 1.63% SALES 0.53% BUSINESS 1.62% ROSE 0.53% J 1.53% R 0.53% ELECTRICAL 1.53% COFFEE 0.53% GLOBAL 1.51% HOMES 0.53% INVESTMENTS 1.50% M 0.53% ASSOCIATES 1.48% T 0.53% MEDIA 1.38% D 0.53% CO., 1.36% ELECTRICAL 0.53% DEVELOPMENTS 1.35% MIDLANDS 0.53% BUILDING 1.30% DEVELOPMENTS 0.53% IT 1.30% BUSINESS 0.53% M 1.23%
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 237 278,481 49410 - Freight transport by road 61 9,960 99999 - Dormant Company 41 48,286 82990 - Other business support service activities not elsewhere classified 31 57,264 70229 - Management consultancy activities other than financial management 25 40,717 62020 - Information technology consultancy activities 21 29,313 96090 - Other service activities not elsewhere classified 18 28,224 41100 - Development of building projects 16 10,604 47910 - Retail sale via mail order houses or via Internet 15 9,914 43210 - Electrical installation 15 5,922 56302 - Public houses and bars 13 6,056 45200 - Maintenance and repair of motor vehicles 13 5,335 74990 - Non-trading company 12 14,006 74909 - Other professional, scientific and technical activities not elsewhere classified 12 18,890 62090 - Other information technology service activities 11 12,795 69201 - Accounting and auditing activities 11 7,401 56101 - Licensed restaurants 9 8,546 86900 - Other human health activities 9 11,807 43999 - Other specialised construction activities not elsewhere classified 9 8,501 74100 - specialised design activities 9 4,681
Recent Companies
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Randomly selected companies from this quarter
reports
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