Telford, Shropshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Telford when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Telford when compared to any quarter in history.
  • January 2014 saw a new record in company registrations in Telford when compared to any previous January.

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 (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Telford when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Telford when compared to any quarter in history.

    A total of 180 companies were registered in Telford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 9.8% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)TelfordUK
    2014180150,722
    2013164134,802
    % change9.8%11.8%
    Record Year 2014 (180) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in company registrations in Telford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014555966
    New companies in 2013475958
    % change17.0%0.0%13.8%
    Record Year2014 (55)2013 (59)2003 (75)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 97 companies were dissolved in Telford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 61.7% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)TelfordUK
    20149782,370
    20136077,914
    % change61.7%5.7%
    Record Year 2011 (117) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014392632
    Closed companies in 2013271815
    % change44.4%44.4%113%
    Record Year2011 (46)2011 (35)2009 (63)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Telford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 83 companies.

    first quarter (Jan 2014 - Mar 2014)TelfordUK
    20148368,352
    201310456,888
    Record Year 2013 (104) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014163334
    Net growth in 2013204143
    Record Year2012 (28)2007 (45)2003 (67)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Telford formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Telford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1994 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change9.5%-7.6%-5.0%
    Record Year1994 (0.2%)1994 (0.2%)2003 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 45.5.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Telford was in 2013 when 37.2% of all directors were female.

    25.7% of all director appointments in Telford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.09%CONSULTING5.22%
    SHROPSHIRE1.09%MANAGEMENT4.67%
    CONSULTANCY1.00%CONSULTANCY3.49%
    TELFORD0.91%PROPERTY2.64%
    PROPERTIES0.91%TRADING2.05%
    CONSULTANTS0.82%LONDON1.88%
    CARE0.82%ENGINEERING1.86%
    IT0.82%CARE1.79%
    (TELFORD)0.73%CONSTRUCTION1.75%
    TRADING0.73%DESIGN1.75%
    MANAGEMENT0.73%CONSULTANTS1.73%
    ENGINEERING0.73%BUSINESS1.71%
    J0.64%PROPERTIES1.60%
    SAFETY0.64%INVESTMENTS1.60%
    TRAINING0.64%GLOBAL1.58%
    FOR0.55%J1.48%
    PROPERTY0.55%ASSOCIATES1.48%
    BUSINESS0.55%MEDIA1.48%
    SECURITY0.55%IT1.33%
    S0.55%TRANSPORT1.30%
    P0.55%DEVELOPMENTS1.29%
    LEISURE0.46%BUILDING1.24%
    SUPPLIES0.46%M1.21%
    SYSTEMS0.36%CAPITAL1.20%
    ASSOCIATES0.36%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied301280,210
    99999 - Dormant Company5947,084
    62020 - Information technology consultancy activities5227,750
    82990 - Other business support service activities not elsewhere classified5156,411
    96090 - Other service activities not elsewhere classified3426,700
    70229 - Management consultancy activities other than financial management3237,882
    62090 - Other information technology service activities2412,813
    74909 - Other professional, scientific and technical activities not elsewhere classified2018,491
    74990 - Non-trading company1914,135
    47990 - Other retail sale not in stores, stalls or markets185,988
    41100 - Development of building projects189,855
    56302 - Public houses and bars175,732
    62012 - Business and domestic software development169,509
    49410 - Freight transport by road138,014
    68209 - Other letting and operating of own or leased real estate119,284
    69201 - Accounting and auditing activities107,313
    43210 - Electrical installation105,885
    43999 - Other specialised construction activities not elsewhere classified108,155
    86900 - Other human health activities1010,273
    32990 - Other manufacturing not elsewhere classified103,403

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08926679 AK SECURITY & SAFETY LTD 06 Mar 2014
    08929226 MAGNA TECHNOLOGY SOLUTIONS LTD 07 Mar 2014
    08929795 JARDINE UPVC LTD 10 Mar 2014
    08930920 QUANTUM LEGAL SUPPORT SERVICES LIMITED 10 Mar 2014
    08940924 HEDGEROW CONSULTING LIMITED 17 Mar 2014
    08947806 H & S ONLINE LTD 19 Mar 2014
    08952206 FORT PENDLESTONE RESIDENTS ASSOCIATION COMPANY LIMITED 21 Mar 2014
    08956189 TELFORD AFTER CARE TEAM (TACT) CIC 24 Mar 2014
    08963575 BELLA MERCIA LIMITED 27 Mar 2014
    08964796 ALFRED ROLFE & CO LIMITED 28 Mar 2014
    08923639 DIGITWARE SOLUTIONS LTD 05 Mar 2014
    08929444 STRAND SALONS LTD 07 Mar 2014
    08929998 QUERKY INNS LTD 10 Mar 2014
    08931024 CMK ELECTRICAL SERVICES LIMITED 10 Mar 2014
    08954273 J S CARE SOLUTIONS LIMITED 24 Mar 2014
    08966609 ISPS ASSOCIATES LIMITED 31 Mar 2014
    08968587 PETAMORADO LIMITED 31 Mar 2014
    08919120 ENTAMEDIA CREATIVE LTD 03 Mar 2014
    08937953 MAID OF PAPER LTD 13 Mar 2014
    08957742 TICKNOLOGY (UK) LIMITED 25 Mar 2014
    08962711 TORUS AUTOMATION LIMITED 27 Mar 2014
    08945611 DOTED I LTD 18 Mar 2014
    08949633 STEPHEN SHAW TRANSPORT LIMITED 20 Mar 2014
    08966980 AKTIVE TECHNOLOGIES LTD 31 Mar 2014
    08968139 RODINGTON VINEYARD LTD 31 Mar 2014