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
New Company Registrations
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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.
Year Telford UK 2014 662 582,051 2013 622 529,363 2012 603 491,893 2011 521 452,870 2010 479 400,358 Record Year 2014 (662) 2014 (582,051) New Companies by Year
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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) Telford UK 2014 330 281,320 2013 307 259,931 % change 7.5% 8.2% Record Year 2014 (330) 2014 (281,320) New Companies by Half Year
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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) Telford UK 2014 150 137,906 2013 155 127,247 % change -3.2% 8.4% Record Year 2012 (169) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 64 38 48 New companies in 2013 55 59 41 % change 16.4% -35.6% 17.1% Record Year 2003 (69) 2012 (68) 2014 (48)
Closed Companies (dissolved)
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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.
Year Telford UK 2014 418 367,937 2013 386 332,213 2012 327 293,729 2011 360 314,524 2010 411 342,233 Record Year 2009 (519) 2009 (533,789) Dissolved Companies by Year
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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) Telford UK 2014 204 190,730 2013 259 177,021 % change -21.2% 7.7% Record Year 2013 (259) 2009 (244,544) Dissolved Companies by Half Year
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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) Telford UK 2014 81 89,060 2013 109 90,851 % change -25.7% -2.0% Record Year 2009 (118) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 28 19 34 Closed companies in 2013 37 36 36 % change -24.3% -47.2% -6% Record Year 2009 (39) 2010 (47) 2009 (47)
Net Company Growth
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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.
Year Telford UK 2014 244 214,114 2013 236 197,150 2012 276 198,164 2011 161 138,346 2010 68 58,125 Record Year 2008 (286) 2007 (237,353) Net Growth by Year
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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) Telford UK 2014 126 90,590 2013 48 82,910 Record Year 2003 (191) 2003 (117,772) Net Growth by Half Year
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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) Telford UK 2014 69 48,846 2013 46 36,396 Record Year 2012 (77) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 36 19 14 Net growth in 2013 18 23 5 Record Year 2003 (61) 2012 (33) 2003 (23)
UK Company Share
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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.
Year Telford 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1990 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 10.6% -38.9% 0.2% Record Year 1990 (0.2%) 1990 (0.2%) 1993 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TELFORD 1.62% CONSULTING 5.22% CONSULTANCY 1.44% MANAGEMENT 4.58% IT 1.08% CONSULTANCY 3.57% CONSULTING 0.99% PROPERTY 2.66% MANAGEMENT 0.99% CONSTRUCTION 2.12% CONSULTANTS 0.99% ENGINEERING 2.10% SHROPSHIRE 0.90% CARE 2.02% J 0.81% TRADING 1.94% CARE 0.81% LONDON 1.93% ASSOCIATES 0.72% TRANSPORT 1.93% (TELFORD) 0.72% DESIGN 1.66% ELECTRICAL 0.72% CONSULTANTS 1.64% TRADING 0.72% ELECTRICAL 1.62% T 0.63% PROPERTIES 1.62% HEPTAGON 0.63% BUSINESS 1.56% TRANSPORT 0.63% J 1.54% ENGINEERING 0.54% CO., 1.50% TRAINING 0.54% GLOBAL 1.49% CO 0.45% INVESTMENTS 1.48% P 0.45% ASSOCIATES 1.47% DEVELOPMENT 0.45% DEVELOPMENTS 1.35% DESIGN 0.45% MEDIA 1.33% R 0.45% IT 1.31% MOTORS 0.36% BUILDING 1.29% INVESTMENTS 0.36% M 1.22%
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 281 265,608 99999 - Dormant Company 70 48,509 62020 - Information technology consultancy activities 44 30,178 70229 - Management consultancy activities other than financial management 39 42,290 82990 - Other business support service activities not elsewhere classified 33 58,068 96090 - Other service activities not elsewhere classified 27 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 25 19,049 62090 - Other information technology service activities 24 12,837 41100 - Development of building projects 22 11,397 47990 - Other retail sale not in stores, stalls or markets 20 6,452 74990 - Non-trading company 18 13,984 56302 - Public houses and bars 17 6,285 49410 - Freight transport by road 17 10,842 62012 - Business and domestic software development 15 9,752 68209 - Other letting and operating of own or leased real estate 15 11,212 86900 - Other human health activities 14 12,976 85590 - Other education not elsewhere classified 13 6,206 45200 - Maintenance and repair of motor vehicles 11 5,425 32990 - Other manufacturing not elsewhere classified 11 3,533 69201 - Accounting and auditing activities 10 7,528
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
reports
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