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
    09115328 PENDREY BUILDING SERVICES LTD 03 Jul 2014
    09134688 TSANG MEDIA LTD 17 Jul 2014
    09137431 WSP CLOTHING LIMITED 18 Jul 2014
    09139507 PURE EVOLUTION PT LTD 21 Jul 2014
    09154920 AS UK CLOTHING LIMITED 31 Jul 2014
    09109908 BUTTERFLIES DAY NURSERY AND CHILDCARE LTD 01 Jul 2014
    09115449 NICOLES CHILDMINDING SERVICE LTD 03 Jul 2014
    09123656 MAYA MIDLANDS LIMITED 09 Jul 2014
    09125735 RENT DIGITAL LIMITED 10 Jul 2014
    09129841 GEORGE AVENUE 1970 LIMITED 14 Jul 2014
    09129982 JC GOLFER LIMITED 14 Jul 2014
    09130174 TOMORROWS CATERING LIMITED 14 Jul 2014
    09139060 ATHENA CARE HOMES LIMITED 21 Jul 2014
    09139732 MAKINGAMES LTD 21 Jul 2014
    09149151 P D JONES LIMITED 28 Jul 2014
    09111023 WILLIAM DARE (CHARLEMONT) LIMITED 01 Jul 2014
    09112059 LCV AUTOS LTD 02 Jul 2014
    09115820 ENERTECH COMPONENTS LTD 03 Jul 2014
    09120427 TRUE SPIRIT SAILING LTD 08 Jul 2014
    09124072 BISKITT DESIGNS LTD 10 Jul 2014
    09127120 SUNRISE TRADING BUSINESS SOLUTIONS LIMITED 11 Jul 2014
    09143839 APP DESIGN CO LIMITED 23 Jul 2014
    09145659 EZY RACK LTD 24 Jul 2014
    09148633 TAMWORTH MICROPUB LTD 28 Jul 2014
    09149682 PLATFORM 4 CONSULTING LTD 28 Jul 2014