Walsall, West Midlands

Q1 2014 Business Confidence Report

Headlines

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

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 Walsall when compared to any previous Q1.

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

    A total of 332 companies were registered in Walsall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 20.7% versus the same period last year (Q1 2013). This figure compares well 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)WalsallUK
    2014332150,722
    2013275134,802
    % change20.7%11.8%
    Record Year 2014 (332) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Walsall when compared to any previous February.

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

    January 2014 was a record month for company registrations in Walsall when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014120105107
    New companies in 20137693106
    % change57.9%12.9%0.9%
    Record Year2014 (120)2014 (105)2007 (117)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 224 companies were dissolved in Walsall during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 57.7% 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)WalsallUK
    201422482,370
    201314277,914
    % change57.7%5.7%
    Record Year 2009 (239) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014747674
    Closed companies in 2013524050
    % change42.3%90.0%48%
    Record Year2011 (102)2011 (89)2009 (150)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Walsall during the first quarter of 2014 (Jan 2014 - Mar 2014) was 108 companies.

    first quarter (Jan 2014 - Mar 2014)WalsallUK
    201410868,352
    201313356,888
    Record Year 2007 (202) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014462933
    Net growth in 2013245356
    Record Year2007 (51)2007 (70)2007 (81)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Walsall formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Walsall
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change47.8%4.2%-15.8%
    Record Year1971 (0.6%)1986 (0.5%)1990 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 41.7.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 6.3% 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 Walsall was in 2008 when 29.1% of all directors were female.

    28.4% of all director appointments in Walsall 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
    CARE1.40%CONSULTING5.22%
    CONSULTANCY1.10%MANAGEMENT4.67%
    TRANSPORT0.97%CONSULTANCY3.49%
    ELECTRICAL0.91%PROPERTY2.64%
    TRADING0.85%TRADING2.05%
    BUSINESS0.79%LONDON1.88%
    (MIDLANDS)0.73%ENGINEERING1.86%
    MIDLANDS0.73%CARE1.79%
    CONSTRUCTION0.73%CONSTRUCTION1.75%
    MANAGEMENT0.73%DESIGN1.75%
    S0.67%CONSULTANTS1.73%
    PROPERTIES0.67%BUSINESS1.71%
    WALSALL0.61%PROPERTIES1.60%
    PROPERTY0.55%INVESTMENTS1.60%
    HEALTHCARE0.55%GLOBAL1.58%
    HIRE0.55%J1.48%
    M0.49%ASSOCIATES1.48%
    H0.49%MEDIA1.48%
    (WALSALL)0.49%IT1.33%
    R0.49%TRANSPORT1.30%
    LOGISTICS0.49%DEVELOPMENTS1.29%
    MIDLAND0.43%BUILDING1.24%
    TRANS0.43%M1.21%
    BAR0.43%CAPITAL1.20%
    ROOFING0.43%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied558280,210
    82990 - Other business support service activities not elsewhere classified6856,411
    99999 - Dormant Company6647,084
    70229 - Management consultancy activities other than financial management4337,882
    49410 - Freight transport by road438,014
    96090 - Other service activities not elsewhere classified3826,700
    62020 - Information technology consultancy activities3627,750
    86900 - Other human health activities3210,273
    74909 - Other professional, scientific and technical activities not elsewhere classified2818,491
    47910 - Retail sale via mail order houses or via Internet239,358
    56302 - Public houses and bars235,732
    56103 - Take-away food shops and mobile food stands217,300
    62090 - Other information technology service activities2112,813
    43999 - Other specialised construction activities not elsewhere classified208,155
    69201 - Accounting and auditing activities197,313
    68209 - Other letting and operating of own or leased real estate199,284
    47990 - Other retail sale not in stores, stalls or markets195,988
    85590 - Other education not elsewhere classified175,876
    32990 - Other manufacturing not elsewhere classified173,403
    74990 - Non-trading company1614,135

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08834171 OFFICE MEDIA PARTNERS LTD 07 Jan 2014
    08838356 ANJOSE LTD 09 Jan 2014
    08839706 REVIVAL COMMUNITY CARE LIMITED 10 Jan 2014
    08842045 KUMAR FOOD LTD 13 Jan 2014
    08842227 ALL BUILDING SOULTIONS LTD 13 Jan 2014
    08847148 HETTY'S HEAVENLY TREATS LIMITED 16 Jan 2014
    08850726 A COOPER COMPLETE SOLUTIONS LTD 17 Jan 2014
    08856669 BTK (UK) LIMITED 22 Jan 2014
    08856730 ALL CONSTRUCTION SOLUTION LTD 22 Jan 2014
    08862425 9X CONSULTING LTD 27 Jan 2014
    08832534 ELITE ESTATES LETTINGS LTD 06 Jan 2014
    08849578 STEPHEN RENNELL LTD 17 Jan 2014
    08852057 CROWN HERITAGE LTD 20 Jan 2014
    08859216 ALLEN HEALTHCARE SERVICES LTD 23 Jan 2014
    08862012 PRIORITY CARE RECRUITMENT LIMITED 27 Jan 2014
    08870487 ADVANCED TRAINING ACADEMY LIMITED 30 Jan 2014
    08870840 ALFRED PARKER ELECTRICAL LTD 31 Jan 2014
    08832915 DSC PIPELINES LTD 06 Jan 2014
    08833411 APPLEDORE COURT RTM COMPANY LIMITED 06 Jan 2014
    08855344 LIVE LIFE ENTERTAINMENTS LTD 21 Jan 2014
    08871462 ASARF LIMITED 31 Jan 2014
    08842535 THE BLOCK SEALER COMPANY LTD 13 Jan 2014
    08840561 MARKETING SAMURAI LIMITED 10 Jan 2014
    08868773 AUTO BITS ONLINE LIMITED 30 Jan 2014
    08870504 THEODOROU LIMITED 30 Jan 2014