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
New Company Registrations
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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) Walsall UK 2014 332 150,722 2013 275 134,802 % change 20.7% 11.8% Record Year 2014 (332) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 120 105 107 New companies in 2013 76 93 106 % change 57.9% 12.9% 0.9% Record Year 2014 (120) 2014 (105) 2007 (117)
Closed Companies (dissolved)
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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) Walsall UK 2014 224 82,370 2013 142 77,914 % change 57.7% 5.7% Record Year 2009 (239) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 74 76 74 Closed companies in 2013 52 40 50 % change 42.3% 90.0% 48% Record Year 2011 (102) 2011 (89) 2009 (150)
Net Company Growth
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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) Walsall UK 2014 108 68,352 2013 133 56,888 Record Year 2007 (202) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 46 29 33 Net growth in 2013 24 53 56 Record Year 2007 (51) 2007 (70) 2007 (81)
UK Company Share
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 47.8% 4.2% -15.8% Record Year 1971 (0.6%) 1986 (0.5%) 1990 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.40% CONSULTING 5.22% CONSULTANCY 1.10% MANAGEMENT 4.67% TRANSPORT 0.97% CONSULTANCY 3.49% ELECTRICAL 0.91% PROPERTY 2.64% TRADING 0.85% TRADING 2.05% BUSINESS 0.79% LONDON 1.88% (MIDLANDS) 0.73% ENGINEERING 1.86% MIDLANDS 0.73% CARE 1.79% CONSTRUCTION 0.73% CONSTRUCTION 1.75% MANAGEMENT 0.73% DESIGN 1.75% S 0.67% CONSULTANTS 1.73% PROPERTIES 0.67% BUSINESS 1.71% WALSALL 0.61% PROPERTIES 1.60% PROPERTY 0.55% INVESTMENTS 1.60% HEALTHCARE 0.55% GLOBAL 1.58% HIRE 0.55% J 1.48% M 0.49% ASSOCIATES 1.48% H 0.49% MEDIA 1.48% (WALSALL) 0.49% IT 1.33% R 0.49% TRANSPORT 1.30% LOGISTICS 0.49% DEVELOPMENTS 1.29% MIDLAND 0.43% BUILDING 1.24% TRANS 0.43% M 1.21% BAR 0.43% CAPITAL 1.20% ROOFING 0.43% ELECTRICAL 1.19%
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 558 280,210 82990 - Other business support service activities not elsewhere classified 68 56,411 99999 - Dormant Company 66 47,084 70229 - Management consultancy activities other than financial management 43 37,882 49410 - Freight transport by road 43 8,014 96090 - Other service activities not elsewhere classified 38 26,700 62020 - Information technology consultancy activities 36 27,750 86900 - Other human health activities 32 10,273 74909 - Other professional, scientific and technical activities not elsewhere classified 28 18,491 47910 - Retail sale via mail order houses or via Internet 23 9,358 56302 - Public houses and bars 23 5,732 56103 - Take-away food shops and mobile food stands 21 7,300 62090 - Other information technology service activities 21 12,813 43999 - Other specialised construction activities not elsewhere classified 20 8,155 69201 - Accounting and auditing activities 19 7,313 68209 - Other letting and operating of own or leased real estate 19 9,284 47990 - Other retail sale not in stores, stalls or markets 19 5,988 85590 - Other education not elsewhere classified 17 5,876 32990 - Other manufacturing not elsewhere classified 17 3,403 74990 - Non-trading company 16 14,135
Recent Companies
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Randomly selected companies from this quarter
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