Telford, Shropshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Telford when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Telford when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Telford when compared to any previous Q2.
  • April 2014 saw a new record in company registrations in Telford when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

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

    The first half of 2014 was a record first half year for company registrations in Telford when compared to any half year in history.

    In the first half of 2014 a total of 332 companies were formed in Telford. This figure is 5.4% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Telford occurred in 2014 when a total of 332 were formed.

    Half Year (Jan-Jun)TelfordUK
    2014332300,731
    2013315269,432
    % change5.4%11.6%
    Record Year2014 (332)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Telford when compared to any previous Q2.

    A total of 152 companies were registered in Telford during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 0.7% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)TelfordUK
    2014152150,009
    2013151134,630
    % change0.7%11.4%
    Record Year 2014 (152) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    New Companies by Month
    AprilMayJune
    New companies in 2014654740
    New companies in 2013604546
    % change8.3%4.4%-13.0%
    Record Year2014 (65)2014 (47)2011 (56)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 214 companies were dissolved in Telford. This figure is 68.5% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Telford occurred in 2009 when a total of 264 were closed.

    Half Year (Jan-Jun)TelfordUK
    2014214177,207
    2013127155,192
    % change68.5%14.2%
    Record Year2009 (264)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 117 companies were dissolved in Telford during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 74.6% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)TelfordUK
    201411794,837
    20136777,278
    % change74.6%22.7%
    Record Year 2009 (161) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014333747
    Closed companies in 2013221728
    % change50.0%117.6%68%
    Record Year2009 (43)2009 (73)2010 (48)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Telford increased by 118 companies.

    Half Year (Jan-Jun)TelfordUK
    2014118123,524
    2013188114,240
    Record Year2003 (226)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Telford during the second quarter of 2014 (Apr 2014 - Jun 2014) was 35 companies.

    second quarter (Apr 2014 - Jun 2014)TelfordUK
    20143555,172
    20138457,352
    Record Year 2008 (93) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 20143210-7
    Net growth in 2013382818
    Record Year2007 (38)2008 (31)2003 (40)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

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

    Half Year (Jan-Jun)Telford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Telford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-2.3%-3.6%-24.7%
    Record Year1991 (0.3%)1988 (0.2%)1990 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.4.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Telford was 2013 when 35.7% of all directors were female.

    27.7% of all director appointments in Telford in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Telford was in 2013 when 35.2% of all directors were female.

    30.2% of all director appointments in Telford in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.27%CONSULTING5.16%
    SHROPSHIRE1.27%MANAGEMENT4.64%
    CARE1.09%CONSULTANCY3.50%
    CONSULTANTS0.91%PROPERTY2.66%
    TRADING0.91%TRADING2.03%
    CONSULTING0.82%ENGINEERING1.99%
    TELFORD0.82%CONSTRUCTION1.93%
    MANAGEMENT0.82%LONDON1.93%
    TRAINING0.82%CARE1.85%
    IT0.82%DESIGN1.75%
    ENGINEERING0.73%CONSULTANTS1.73%
    PROPERTIES0.64%BUSINESS1.69%
    PROPERTY0.64%PROPERTIES1.63%
    CO0.55%TRANSPORT1.58%
    ASSOCIATES0.55%GLOBAL1.55%
    P0.55%INVESTMENTS1.55%
    SAFETY0.55%J1.51%
    SECURITY0.55%ASSOCIATES1.48%
    HEALTH0.45%MEDIA1.44%
    WREKIN0.45%ELECTRICAL1.40%
    LEISURE0.45%IT1.33%
    ASSURE0.45%DEVELOPMENTS1.33%
    S0.45%BUILDING1.26%
    J0.45%M1.24%
    DESIGN0.36%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied280261,557
    99999 - Dormant Company7048,436
    62020 - Information technology consultancy activities5229,029
    82990 - Other business support service activities not elsewhere classified4657,421
    70229 - Management consultancy activities other than financial management3540,250
    96090 - Other service activities not elsewhere classified3428,352
    62090 - Other information technology service activities2613,024
    74909 - Other professional, scientific and technical activities not elsewhere classified2419,058
    74990 - Non-trading company2114,351
    47990 - Other retail sale not in stores, stalls or markets196,286
    56302 - Public houses and bars196,099
    41100 - Development of building projects1810,527
    62012 - Business and domestic software development169,834
    49410 - Freight transport by road139,265
    68209 - Other letting and operating of own or leased real estate1210,133
    43999 - Other specialised construction activities not elsewhere classified118,533
    86900 - Other human health activities1111,292
    85590 - Other education not elsewhere classified116,043
    69201 - Accounting and auditing activities107,415
    32990 - Other manufacturing not elsewhere classified103,534

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08969865 P I P SHROPSHIRE LIMITED 01 Apr 2014
    08985760 JANA T LIMITED 08 Apr 2014
    08986716 HOLYHEAD MOTORS LTD 08 Apr 2014
    08988904 FAST VEHICLE HIRE LTD 09 Apr 2014
    08995364 UK TURBO SOLUTIONS LTD 14 Apr 2014
    09000115 DASAR CONSULTING LTD 16 Apr 2014
    08977301 COALPORT TAVERN LTD 03 Apr 2014
    08982276 MATT HICKS ELECTRICAL LIMITED 07 Apr 2014
    08990125 MEDTREE LIMITED 10 Apr 2014
    09008173 NO. 1 LEISURE (UK) LTD 23 Apr 2014
    09008605 FIENDARELLA LTD 24 Apr 2014
    09017061 COFFEE PLATFORM LTD 29 Apr 2014
    08973640 CONFIDENT CONSULTANCY LIMITED 02 Apr 2014
    08974268 WORKPLAN LIMITED 02 Apr 2014
    08990368 CUTTING-EDGE FLOORING CONTRACTORS LTD 10 Apr 2014
    08991146 LINK BY DESIGN LIMITED 10 Apr 2014
    08998282 HOWES PROPERTY SERVICES (TELFORD) LTD 15 Apr 2014
    08999369 LINK BY LIGHTING LIMITED 16 Apr 2014
    09004991 FRAMEWORK INNOVATION LTD 22 Apr 2014
    09015555 THE FORGE OF DESIGN LTD 29 Apr 2014
    08981659 SEW JO & CO LIMITED 07 Apr 2014
    09011444 LISTER BROWN ASSOCIATES LIMITED 25 Apr 2014
    08975632 VISIONARY BRIDGING FINANCE LIMITED 03 Apr 2014
    08979433 VKS BID SOLUTIONS LIMITED 04 Apr 2014
    08974745 JONES OF SHROPSHIRE LTD 02 Apr 2014