Telford, Shropshire

2014 Annual Business Confidence Report

Headlines

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

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. Annual Data (2014)

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

    A total of 662 companies were formed in Telford in 2014. This total is 6.4% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearTelfordUK
    2014662582,051
    2013622529,363
    2012603491,893
    2011521452,870
    2010479400,358
    Record Year2014 (662)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 330 companies were formed in Telford. This figure is 7.5% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Telford occurred in 2014 when a total of 330 were formed.

    Half Year (Jul-Dec)TelfordUK
    2014330281,320
    2013307259,931
    % change7.5%8.2%
    Record Year2014 (330)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 150 companies were registered in Telford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 3.2% versus the same period last year (Q4 2013). This figure compares badly 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)TelfordUK
    2014150137,906
    2013155127,247
    % change-3.2%8.4%
    Record Year 2012 (169) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014643848
    New companies in 2013555941
    % change16.4%-35.6%17.1%
    Record Year2003 (69)2012 (68)2014 (48)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 418 companies were dissolved in Telford in 2014. This total is 8.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearTelfordUK
    2014418367,937
    2013386332,213
    2012327293,729
    2011360314,524
    2010411342,233
    Record Year2009 (519)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 204 companies were dissolved in Telford. This figure is 21.2% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Telford occurred in 2013 when a total of 259 were closed.

    Half Year (Jul-Dec)TelfordUK
    2014204190,730
    2013259177,021
    % change-21.2%7.7%
    Record Year2013 (259)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 81 companies were dissolved in Telford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 25.7% 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)TelfordUK
    20148189,060
    201310990,851
    % change-25.7%-2.0%
    Record Year 2009 (118) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014281934
    Closed companies in 2013373636
    % change-24.3%-47.2%-6%
    Record Year2009 (39)2010 (47)2009 (47)

Net Company Growth

  1. Annual Data (2014)

    A total of 244 companies were added to the company register for Telford in 2014. This number represents growth of 36.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 8 companies higher 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.

    YearTelfordUK
    2014244214,114
    2013236197,150
    2012276198,164
    2011161138,346
    20106858,125
    Record Year2008 (286)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Telford increased by 126 companies.

    Half Year (Jul-Dec)TelfordUK
    201412690,590
    20134882,910
    Record Year2003 (191)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Telford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 69 companies.

    fourth quarter (Oct 2014 - Dec 2014)TelfordUK
    20146948,846
    20134636,396
    Record Year 2012 (77) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014361914
    Net growth in 201318235
    Record Year2003 (61)2012 (33)2003 (23)

UK Company Share

  1. Annual Data (2014)

    In 2014 Telford formed 0.1% of all UK companies. This is no change on 2013 when Telford was responsible for 0.1% of all UK companies.

    YearTelford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2003 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Telford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Telford
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change10.6%-38.9%0.2%
    Record Year1990 (0.2%)1990 (0.2%)1993 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.1.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.8.

    The percentage of directors under the age of 25 was 3.3% 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 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.9.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Telford was 1988 when 50.0% of all directors were female.

    The percentage of female directors in Telford in 2014 was 28.8%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Telford was 2006 when 35.1% of all directors were female.

    30.0% of all director appointments in Telford 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Telford was in 2011 when 35.7% of all directors were female.

    29.2% of all director appointments in Telford 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

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

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

    wordpercentageuk worduk percentage
    TELFORD1.62%CONSULTING5.22%
    CONSULTANCY1.44%MANAGEMENT4.58%
    IT1.08%CONSULTANCY3.57%
    CONSULTING0.99%PROPERTY2.66%
    MANAGEMENT0.99%CONSTRUCTION2.12%
    CONSULTANTS0.99%ENGINEERING2.10%
    SHROPSHIRE0.90%CARE2.02%
    J0.81%TRADING1.94%
    CARE0.81%LONDON1.93%
    ASSOCIATES0.72%TRANSPORT1.93%
    (TELFORD)0.72%DESIGN1.66%
    ELECTRICAL0.72%CONSULTANTS1.64%
    TRADING0.72%ELECTRICAL1.62%
    T0.63%PROPERTIES1.62%
    HEPTAGON0.63%BUSINESS1.56%
    TRANSPORT0.63%J1.54%
    ENGINEERING0.54%CO.,1.50%
    TRAINING0.54%GLOBAL1.49%
    CO0.45%INVESTMENTS1.48%
    P0.45%ASSOCIATES1.47%
    DEVELOPMENT0.45%DEVELOPMENTS1.35%
    DESIGN0.45%MEDIA1.33%
    R0.45%IT1.31%
    MOTORS0.36%BUILDING1.29%
    INVESTMENTS0.36%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied281265,608
    99999 - Dormant Company7048,509
    62020 - Information technology consultancy activities4430,178
    70229 - Management consultancy activities other than financial management3942,290
    82990 - Other business support service activities not elsewhere classified3358,068
    96090 - Other service activities not elsewhere classified2729,009
    74909 - Other professional, scientific and technical activities not elsewhere classified2519,049
    62090 - Other information technology service activities2412,837
    41100 - Development of building projects2211,397
    47990 - Other retail sale not in stores, stalls or markets206,452
    74990 - Non-trading company1813,984
    56302 - Public houses and bars176,285
    49410 - Freight transport by road1710,842
    62012 - Business and domestic software development159,752
    68209 - Other letting and operating of own or leased real estate1511,212
    86900 - Other human health activities1412,976
    85590 - Other education not elsewhere classified136,206
    45200 - Maintenance and repair of motor vehicles115,425
    32990 - Other manufacturing not elsewhere classified113,533
    69201 - Accounting and auditing activities107,528

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09246771 AZI LIMITED 02 Oct 2014
    09253520 S K TELFORD LIMITED 08 Oct 2014
    09255159 A&A APPAREL LTD 08 Oct 2014
    09258130 RIDAQ CONSULTANT LTD 10 Oct 2014
    09280409 ECO PLUMBING & ELECTRICAL SOLUTIONS LTD 27 Oct 2014
    09282177 AMORE MUTO LIMITED 27 Oct 2014
    09282709 AMORE MOTO LIMITED 27 Oct 2014
    09244454 MIKEAPPLE IT LIMITED 01 Oct 2014
    09248401 MONSTER TRANSPORT SERVICES LIMITED 03 Oct 2014
    09251362 IVY PARTNERSHIP LIMITED 07 Oct 2014
    09271294 KORKANKIT LIMITED 20 Oct 2014
    09286468 SIERU LTD 29 Oct 2014
    09288118 JET PLASTERING LTD. 30 Oct 2014
    09255155 BLAKEWAY LTD 08 Oct 2014
    09274791 J L W CONSULTING UK LIMITED 22 Oct 2014
    09290715 VICTOR COOKWARE DESIGNS LIMITED 31 Oct 2014
    09248604 R GRAINGER ASSOCIATES LTD 03 Oct 2014
    09290985 81GCL LTD 31 Oct 2014
    09247743 TOOLEY TROTTERS INDEPENDENT TRADERS TELFORD LIMITED 03 Oct 2014
    09251781 HAIZE FOX LIMITED 07 Oct 2014
    09246867 STRATEGIC IT CONSULTING LTD 02 Oct 2014
    09245182 PDS TELFORD LTD 02 Oct 2014
    09273534 GES SOLUTIONS TELFORD LIMITED 21 Oct 2014
    09287272 THE METAL WORKS RESEARCH AND DEVELOPMENT COMPANY LTD 29 Oct 2014
    09285397 PMP (TELFORD) LIMITED 29 Oct 2014