Telford, Shropshire
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Telford when compared to any year in history.
- The second half of 2013 saw a new record in company closures in Telford when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Telford when compared to any year in history.
A total of 622 companies were formed in Telford in 2013. This total is 3.2% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Telford UK 2013 622 529,363 2012 603 491,893 2011 521 452,870 2010 479 400,358 2009 447 362,675 Record Year 2013 (622) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 307 companies were formed in Telford. This figure is 4.1% lower than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Telford occurred in 2012 when a total of 320 were formed.
Half Year (Jul-Dec) Telford UK 2013 307 259,931 2012 320 238,743 % change -4.1% 8.9% Record Year 2012 (320) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 155 companies were registered in Telford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 8.3% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Telford UK 2013 155 127,247 2012 169 119,875 % change -8.3% 6.1% Record Year 2012 (169) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 55 59 41 New companies in 2012 62 68 39 % change -11.3% -13.2% 5.1% Record Year 2003 (69) 2012 (68) 2013 (41)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 386 companies were dissolved in Telford in 2013. This total is 18.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Telford UK 2013 386 332,213 2012 327 293,729 2011 360 314,524 2010 411 342,233 2009 519 533,789 Record Year 2009 (519) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company closures in Telford when compared to any previous second half year.
In the second half of 2013 a total of 259 companies were dissolved in Telford. This figure is 44.7% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Telford occurred in 2013 when a total of 259 were closed.
Half Year (Jul-Dec) Telford UK 2013 259 177,021 2012 179 145,935 % change 44.7% 21.3% Record Year 2013 (259) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 109 companies were dissolved in Telford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 18.5% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Telford UK 2013 109 90,851 2012 92 70,027 % change 18.5% 29.7% Record Year 2009 (118) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 37 36 36 Closed companies in 2012 39 35 18 % change -5.1% 2.9% 100% Record Year 2012 (39) 2010 (47) 2009 (47)
Net Company Growth
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Annual Data (2013)
A total of 236 companies were added to the company register for Telford in 2013. This number represents growth of 37.9% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 40 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2008 when the Telford company register grew by 286 companies.
Year Telford UK 2013 236 197,150 2012 276 198,164 2011 161 138,346 2010 68 58,125 2009 -72 -171,114 Record Year 2008 (286) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Telford increased by 48 companies.
Half Year (Jul-Dec) Telford UK 2013 48 82,910 2012 141 92,808 Record Year 2003 (191) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Telford during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 46 companies.
fourth quarter (Oct 2013 - Dec 2013) Telford UK 2013 46 36,396 2012 77 49,848 Record Year 2012 (77) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 18 23 5 Net growth in 2012 23 33 21 Record Year 2003 (61) 2012 (33) 2003 (23)
UK Company Share
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Annual Data (2013)
In 2013 Telford formed 0.1% of all UK companies. This is no change on 2012 when Telford was responsible for 0.1% of all UK companies.
Year Telford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Telford formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Telford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Telford formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Telford 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1990 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.2% 0.1% % change -17.5% -14.7% -4.4% Record Year 1990 (0.2%) 1990 (0.2%) 1993 (0.2%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.5.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.6.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.5.
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 4.5% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Telford was 1979 when 50.0% of all directors were female.
The percentage of female directors in Telford in 2013 was 30.7%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Telford was 2006 when 35.1% of all directors were female.
27.7% of all director appointments in Telford in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Telford was in 2011 when 35.7% of all directors were female.
26.3% of all director appointments in Telford in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SHROPSHIRE 1.44% CONSULTING 5.22% PROPERTY 1.25% MANAGEMENT 4.72% CONSULTING 1.06% CONSULTANCY 3.45% TELFORD 0.96% PROPERTY 2.59% PROPERTIES 0.96% TRADING 2.08% MANAGEMENT 0.96% ENGINEERING 1.87% (TELFORD) 0.96% LONDON 1.86% IT 0.96% DESIGN 1.76% BUSINESS 0.96% CONSTRUCTION 1.73% SECURITY 0.86% CARE 1.73% J 0.77% BUSINESS 1.71% CONSULTANCY 0.77% CONSULTANTS 1.68% TRAINING 0.77% GLOBAL 1.58% CARE 0.67% INVESTMENTS 1.56% FUNERAL 0.67% PROPERTIES 1.54% P 0.67% ASSOCIATES 1.53% ELECTRICAL 0.67% J 1.51% CONSULTANTS 0.58% MEDIA 1.50% FOR 0.58% IT 1.35% SERVICE 0.48% DEVELOPMENTS 1.23% H 0.48% M 1.23% SYSTEMS 0.48% BUILDING 1.21% DEVELOPMENTS 0.48% ELECTRICAL 1.20% HOME 0.48% CAPITAL 1.19% LEISURE 0.48% ENERGY 1.14%
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 295 266,814 82990 - Other business support service activities not elsewhere classified 53 55,342 62020 - Information technology consultancy activities 50 27,183 99999 - Dormant Company 49 46,762 96090 - Other service activities not elsewhere classified 38 26,001 70229 - Management consultancy activities other than financial management 29 36,164 62090 - Other information technology service activities 21 12,511 74990 - Non-trading company 18 14,223 47990 - Other retail sale not in stores, stalls or markets 16 5,800 74909 - Other professional, scientific and technical activities not elsewhere classified 16 18,034 56302 - Public houses and bars 15 5,503 41100 - Development of building projects 15 9,485 43999 - Other specialised construction activities not elsewhere classified 13 7,823 62012 - Business and domestic software development 13 9,360 49410 - Freight transport by road 12 7,333 32990 - Other manufacturing not elsewhere classified 11 3,340 41202 - Construction of domestic buildings 10 6,191 47910 - Retail sale via mail order houses or via Internet 10 8,879 46900 - Non-specialised wholesale trade 9 3,054 86900 - Other human health activities 9 9,543
Recent Companies
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Randomly selected companies from this quarter
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