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
New Company Registrations
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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.
Year Tamworth UK 2014 544 582,051 2013 503 529,363 2012 456 491,893 2011 436 452,870 2010 384 400,358 Record Year 2014 (544) 2014 (582,051) New Companies by Year
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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) Tamworth UK 2014 264 281,320 2013 244 259,931 % change 8.2% 8.2% Record Year 2014 (264) 2014 (281,320) New Companies by Half Year
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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) Tamworth UK 2014 121 137,906 2013 114 127,247 % change 6.1% 8.4% Record Year 2014 (121) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 41 49 31 New companies in 2013 39 32 43 % change 5.1% 53.1% -27.9% Record Year 1998 (54) 2014 (49) 1998 (44)
Closed Companies (dissolved)
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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.
Year Tamworth UK 2014 364 367,937 2013 359 332,213 2012 274 293,729 2011 276 314,524 2010 376 342,233 Record Year 2009 (447) 2009 (533,789) Dissolved Companies by Year
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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) Tamworth UK 2014 186 190,730 2013 184 177,021 % change 1.1% 7.7% Record Year 2009 (193) 2009 (244,544) Dissolved Companies by Half Year
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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) Tamworth UK 2014 86 89,060 2013 96 90,851 % change -10.4% -2.0% Record Year 2009 (100) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 16 32 38 Closed companies in 2013 45 24 27 % change -64.4% 33.3% 41% Record Year 2013 (45) 2005 (35) 2009 (48)
Net Company Growth
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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.
Year Tamworth UK 2014 180 214,114 2013 144 197,150 2012 182 198,164 2011 160 138,346 2010 8 58,125 Record Year 2007 (197) 2007 (237,353) Net Growth by Year
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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) Tamworth UK 2014 78 90,590 2013 60 82,910 Record Year 1998 (168) 2003 (117,772) Net Growth by Half Year
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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) Tamworth UK 2014 35 48,846 2013 18 36,396 Record Year 2007 (48) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 25 17 -7 Net growth in 2013 -6 8 16 Record Year 1998 (44) 2000 (31) 1998 (36)
UK Company Share
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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.
Year 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 Year
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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 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 Half Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1998 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 0.0% 45.4% -38.3% Record Year 1998 (0.3%) 2000 (0.2%) 1998 (0.3%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.55% CONSULTING 5.22% MANAGEMENT 1.44% MANAGEMENT 4.58% TAMWORTH 1.24% CONSULTANCY 3.57% J 1.13% PROPERTY 2.66% TRANSPORT 0.93% CONSTRUCTION 2.12% CONSTRUCTION 0.82% ENGINEERING 2.10% DEVELOPMENTS 0.72% CARE 2.02% CARE 0.72% TRADING 1.94% PROPERTIES 0.72% LONDON 1.93% DESIGN 0.72% TRANSPORT 1.93% D 0.62% DESIGN 1.66% P 0.62% CONSULTANTS 1.64% ELECTRICAL 0.52% ELECTRICAL 1.62% TRADING 0.52% PROPERTIES 1.62% S 0.52% BUSINESS 1.56% COFFEE 0.52% J 1.54% T 0.52% CO., 1.50% PROJECT 0.52% GLOBAL 1.49% INSTALLATIONS 0.52% INVESTMENTS 1.48% PROPERTY 0.41% ASSOCIATES 1.47% L 0.41% DEVELOPMENTS 1.35% ENGINEERING 0.41% MEDIA 1.33% CATERING 0.41% IT 1.31% HAULAGE 0.41% BUILDING 1.29% HOMES 0.41% M 1.22%
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 206 265,608 49410 - Freight transport by road 59 10,842 99999 - Dormant Company 44 48,509 82990 - Other business support service activities not elsewhere classified 34 58,068 70229 - Management consultancy activities other than financial management 26 42,290 62020 - Information technology consultancy activities 23 30,178 96090 - Other service activities not elsewhere classified 20 29,009 41100 - Development of building projects 17 11,397 43210 - Electrical installation 16 5,985 45200 - Maintenance and repair of motor vehicles 13 5,425 47910 - Retail sale via mail order houses or via Internet 13 10,107 74909 - Other professional, scientific and technical activities not elsewhere classified 12 19,049 69201 - Accounting and auditing activities 12 7,528 62090 - Other information technology service activities 12 12,837 56302 - Public houses and bars 12 6,285 74990 - Non-trading company 11 13,984 74100 - specialised design activities 10 4,841 43220 - Plumbing, heat and air-conditioning installation 10 5,189 32990 - Other manufacturing not elsewhere classified 10 3,533 43390 - Other building completion and finishing 9 5,931
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
reports
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