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
    08877009 WINNER WEDDINGS LIMITED 05 Feb 2014
    08882268 ART-BUD LTD 07 Feb 2014
    08907590 FIL-THAI RESTAURANT LIMITED 24 Feb 2014
    08913168 SILENT OWL TRADING LIMITED 26 Feb 2014
    08917564 BODY & MIND SKIN CARE CENTRE LIMITED 28 Feb 2014
    08874574 D H CLARKE LIMITED 04 Feb 2014
    08875841 THE BEEHIVE (SHIFNAL) LTD 04 Feb 2014
    08911126 CHIP ENGINEERING SERVICES MIDLANDS LTD 25 Feb 2014
    08874589 PERFECT PURITY COSMECEUTICAL LIMITED 04 Feb 2014
    08874652 C.L.S. SPAIN LIMITED 04 Feb 2014
    08883979 HANDS AROUND THE WREKIN LTD 10 Feb 2014
    08885101 AMANDA BROWN LIMITED 11 Feb 2014
    OC391526 ASSURE LAW FINANCE (NO.1) LLP 27 Feb 2014
    08894938 JR ENGINEERING (MIDLANDS) LIMITED 14 Feb 2014
    08895865 ASSURE LAW DEVELOPMENTS LIMITED 14 Feb 2014
    08897867 3DNEGS LIMITED 17 Feb 2014
    08900861 BEAUTY CUTZ LIMITED 18 Feb 2014
    08908931 DTP TRADING LIMITED 24 Feb 2014
    08909506 TECHSQUID LIMITED 25 Feb 2014
    08903895 PARK AVIATION THEORY TRAINING LTD 20 Feb 2014
    08910036 RFC SUBCONTRACTING LIMITED 25 Feb 2014
    08873886 THE MORTAR AND SCREED COMPANY LIMITED 03 Feb 2014
    08904843 SSG HAULAGE LIMITED 20 Feb 2014
    08892864 MLP SYSTEMS LIMITED 13 Feb 2014
    08896543 P & J PROPERTIES (TELFORD) LTD 15 Feb 2014