Tamworth, West Midlands

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Tamworth when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Tamworth when compared to any previous second half year.
  • November 2014 saw a new record in company registrations in Tamworth when compared to any previous November.

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. Annual Data (2014)

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

    A total of 544 companies were formed in Tamworth in 2014. This total is 8.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearTamworthUK
    2014544582,051
    2013503529,363
    2012456491,893
    2011436452,870
    2010384400,358
    Record Year2014 (544)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 264 companies were formed in Tamworth. This figure is 8.2% higher than last year, which compares equally to the UK wide figure of 8.2%.

    The highest total for a second half year in Tamworth occurred in 2014 when a total of 264 were formed.

    Half Year (Jul-Dec)TamworthUK
    2014264281,320
    2013244259,931
    % change8.2%8.2%
    Record Year2014 (264)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 121 companies were registered in Tamworth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 6.1% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)TamworthUK
    2014121137,906
    2013114127,247
    % change6.1%8.4%
    Record Year 2014 (121) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014414931
    New companies in 2013393243
    % change5.1%53.1%-27.9%
    Record Year1998 (54)2014 (49)1998 (44)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 364 companies were dissolved in Tamworth in 2014. This total is 1.4% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearTamworthUK
    2014364367,937
    2013359332,213
    2012274293,729
    2011276314,524
    2010376342,233
    Record Year2009 (447)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 186 companies were dissolved in Tamworth. This figure is 1.1% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Tamworth occurred in 2009 when a total of 193 were closed.

    Half Year (Jul-Dec)TamworthUK
    2014186190,730
    2013184177,021
    % change1.1%7.7%
    Record Year2009 (193)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 86 companies were dissolved in Tamworth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 10.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)TamworthUK
    20148689,060
    20139690,851
    % change-10.4%-2.0%
    Record Year 2009 (100) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014163238
    Closed companies in 2013452427
    % change-64.4%33.3%41%
    Record Year2013 (45)2005 (35)2009 (48)

Net Company Growth

  1. Annual Data (2014)

    A total of 180 companies were added to the company register for Tamworth in 2014. This number represents growth of 33.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 36 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Tamworth company register grew by 197 companies.

    YearTamworthUK
    2014180214,114
    2013144197,150
    2012182198,164
    2011160138,346
    2010858,125
    Record Year2007 (197)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Tamworth increased by 78 companies.

    Half Year (Jul-Dec)TamworthUK
    20147890,590
    20136082,910
    Record Year1998 (168)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Tamworth during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 35 companies.

    fourth quarter (Oct 2014 - Dec 2014)TamworthUK
    20143548,846
    20131836,396
    Record Year 2007 (48) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142517-7
    Net growth in 2013-6816
    Record Year1998 (44)2000 (31)1998 (36)

UK Company Share

  1. Annual Data (2014)

    In 2014 Tamworth formed 0.1% of all UK companies. This is no change on 2013 when Tamworth was responsible for 0.1% of all UK companies.

    YearTamworth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1998 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Tamworth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1998 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Tamworth
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1998 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change0.0%45.4%-38.3%
    Record Year1998 (0.3%)2000 (0.2%)1998 (0.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.6.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.1.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.5.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 1.2% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Tamworth was 1990 when 40.6% of all directors were female.

    The percentage of female directors in Tamworth in 2014 was 27.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Tamworth was 2007 when 31.1% of all directors were female.

    28.1% of all director appointments in Tamworth in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Tamworth was in 2008 when 31.0% of all directors were female.

    27.2% of all director appointments in Tamworth in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.55%CONSULTING5.22%
    MANAGEMENT1.44%MANAGEMENT4.58%
    TAMWORTH1.24%CONSULTANCY3.57%
    J1.13%PROPERTY2.66%
    TRANSPORT0.93%CONSTRUCTION2.12%
    CONSTRUCTION0.82%ENGINEERING2.10%
    DEVELOPMENTS0.72%CARE2.02%
    CARE0.72%TRADING1.94%
    PROPERTIES0.72%LONDON1.93%
    DESIGN0.72%TRANSPORT1.93%
    D0.62%DESIGN1.66%
    P0.62%CONSULTANTS1.64%
    ELECTRICAL0.52%ELECTRICAL1.62%
    TRADING0.52%PROPERTIES1.62%
    S0.52%BUSINESS1.56%
    COFFEE0.52%J1.54%
    T0.52%CO.,1.50%
    PROJECT0.52%GLOBAL1.49%
    INSTALLATIONS0.52%INVESTMENTS1.48%
    PROPERTY0.41%ASSOCIATES1.47%
    L0.41%DEVELOPMENTS1.35%
    ENGINEERING0.41%MEDIA1.33%
    CATERING0.41%IT1.31%
    HAULAGE0.41%BUILDING1.29%
    HOMES0.41%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied206265,608
    49410 - Freight transport by road5910,842
    99999 - Dormant Company4448,509
    82990 - Other business support service activities not elsewhere classified3458,068
    70229 - Management consultancy activities other than financial management2642,290
    62020 - Information technology consultancy activities2330,178
    96090 - Other service activities not elsewhere classified2029,009
    41100 - Development of building projects1711,397
    43210 - Electrical installation165,985
    45200 - Maintenance and repair of motor vehicles135,425
    47910 - Retail sale via mail order houses or via Internet1310,107
    74909 - Other professional, scientific and technical activities not elsewhere classified1219,049
    69201 - Accounting and auditing activities127,528
    62090 - Other information technology service activities1212,837
    56302 - Public houses and bars126,285
    74990 - Non-trading company1113,984
    74100 - specialised design activities104,841
    43220 - Plumbing, heat and air-conditioning installation105,189
    32990 - Other manufacturing not elsewhere classified103,533
    43390 - Other building completion and finishing95,931

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09244673 MERIDIAN FP LIMITED 01 Oct 2014
    09251923 WESTWOOD ESSENTIAL SOLUTIONS LIMITED 07 Oct 2014
    09256387 SJM TRACTION LIMITED 09 Oct 2014
    09257113 AIR SOFTWARE LIMITED 09 Oct 2014
    09259808 TORRIDGE HOCKLEY 1972 LIMITED 13 Oct 2014
    09264177 GOLDCREST RETAIL LIMITED 15 Oct 2014
    09265410 LUCAS DYNAMIC LTD 15 Oct 2014
    09281706 YOUR BRIDE IDEA LTD 27 Oct 2014
    09282291 ALP FINANCIAL SERVICES LIMITED 27 Oct 2014
    09247558 PUB CATERING LTD 03 Oct 2014
    09256737 MHT ENERGY LTD. 09 Oct 2014
    09263867 MINSKWORKS LIMITED 14 Oct 2014
    09269008 RACHEL WADDELL LIMITED 17 Oct 2014
    09272050 WRIGHTWAY PROPERTY DEVELOPMENTS LIMITED 20 Oct 2014
    09276664 THE RETAIL ROCKET LIMITED 23 Oct 2014
    09280709 J D N SOLUTIONS LTD 27 Oct 2014
    09245224 TLS (SOLIHULL) LTD 02 Oct 2014
    09248071 PROPVIEW LIMITED 03 Oct 2014
    09251190 KANG DEFENCE LIMITED 06 Oct 2014
    09252318 TE AMOO LTD 07 Oct 2014
    09257272 AJC MANAGED SERVICES LTD 09 Oct 2014
    09258486 PALEM DEVELOPMENTS LIMITED 10 Oct 2014
    09270472 LEAF FILMS LTD 20 Oct 2014
    09274309 PEMBLETON, HATHAWAY & RUDD ASSOCS. LTD 22 Oct 2014
    09278171 ZIPPY TRANSPORT LTD 23 Oct 2014