Walsall, West Midlands

2014 Half Year Business Confidence Report

Headlines

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

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

    In the first half of 2014 a total of 635 companies were formed in Walsall. This figure is 21.2% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Walsall occurred in 2014 when a total of 635 were formed.

    Half Year (Jan-Jun)WalsallUK
    2014635300,731
    2013524269,432
    % change21.2%11.6%
    Record Year2014 (635)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 Walsall when compared to any previous Q2.

    A total of 303 companies were registered in Walsall during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 21.7% versus the same period last year (Q2 2013). This figure compares well 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)WalsallUK
    2014303150,009
    2013249134,630
    % change21.7%11.4%
    Record Year 2014 (303) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

    New Companies by Month
    AprilMayJune
    New companies in 201410888107
    New companies in 2013868875
    % change25.6%0.0%42.7%
    Record Year2014 (108)2011 (90)2014 (107)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 437 companies were dissolved in Walsall. This figure is 34.9% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Walsall occurred in 2009 when a total of 560 were closed.

    Half Year (Jan-Jun)WalsallUK
    2014437177,207
    2013324155,192
    % change34.9%14.2%
    Record Year2009 (560)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 213 companies were dissolved in Walsall during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 17.0% versus the same period last year (Q2 2013). This figure compares well 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)WalsallUK
    201421394,837
    201318277,278
    % change17.0%22.7%
    Record Year 2009 (321) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014539268
    Closed companies in 2013635762
    % change-15.9%61.4%10%
    Record Year2009 (91)2009 (136)2010 (101)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Walsall increased by 198 companies.

    Half Year (Jan-Jun)WalsallUK
    2014198123,524
    2013200114,240
    Record Year2003 (346)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Walsall during the second quarter of 2014 (Apr 2014 - Jun 2014) was 90 companies.

    second quarter (Apr 2014 - Jun 2014)WalsallUK
    20149055,172
    20136757,352
    Record Year 2007 (143) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201455-439
    Net growth in 2013233113
    Record Year2003 (63)2003 (65)2008 (78)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Walsall formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Walsall
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Walsall
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change13.3%-7.7%23.6%
    Record Year1992 (0.4%)1986 (0.5%)1978 (0.6%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.7.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.6% 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 43.8.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.8% 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 Walsall was 2006 when 25.8% of all directors were female.

    24.7% of all director appointments in Walsall 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 Walsall was in 2013 when 28.1% of all directors were female.

    20.7% of all director appointments in Walsall 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
    CONSULTANCY1.47%CONSULTING5.16%
    CARE1.35%MANAGEMENT4.64%
    TRANSPORT1.00%CONSULTANCY3.50%
    MANAGEMENT0.94%PROPERTY2.66%
    WALSALL0.88%TRADING2.03%
    S0.88%ENGINEERING1.99%
    PROPERTIES0.82%CONSTRUCTION1.93%
    CONSTRUCTION0.82%LONDON1.93%
    TRADING0.82%CARE1.85%
    ELECTRICAL0.76%DESIGN1.75%
    MIDLANDS0.76%CONSULTANTS1.73%
    BUSINESS0.71%BUSINESS1.69%
    R0.65%PROPERTIES1.63%
    ENGINEERING0.65%TRANSPORT1.58%
    CONSULTING0.65%GLOBAL1.55%
    (MIDLANDS)0.65%INVESTMENTS1.55%
    (WALSALL)0.59%J1.51%
    ROOFING0.59%ASSOCIATES1.48%
    M0.59%MEDIA1.44%
    HOME0.59%ELECTRICAL1.40%
    CO0.59%IT1.33%
    D0.59%DEVELOPMENTS1.33%
    HIRE0.59%BUILDING1.26%
    PROPERTY0.53%M1.24%
    BUILDING0.53%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied501261,557
    99999 - Dormant Company6948,436
    82990 - Other business support service activities not elsewhere classified6757,421
    49410 - Freight transport by road479,265
    96090 - Other service activities not elsewhere classified4328,352
    70229 - Management consultancy activities other than financial management3940,250
    62020 - Information technology consultancy activities3529,029
    86900 - Other human health activities3511,292
    74909 - Other professional, scientific and technical activities not elsewhere classified2719,058
    47910 - Retail sale via mail order houses or via Internet269,900
    56302 - Public houses and bars246,099
    68209 - Other letting and operating of own or leased real estate2410,133
    47990 - Other retail sale not in stores, stalls or markets206,286
    43390 - Other building completion and finishing205,855
    85590 - Other education not elsewhere classified206,043
    56103 - Take-away food shops and mobile food stands207,840
    43999 - Other specialised construction activities not elsewhere classified198,533
    62090 - Other information technology service activities1913,024
    69201 - Accounting and auditing activities187,415
    56101 - Licensed restaurants188,585

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09067759 A&C LEGAL SERVICES LIMITED 03 Jun 2014
    09082958 SEC LEISURE LTD 12 Jun 2014
    09101954 CD TRANSPORT SERVICES LONDON LTD 25 Jun 2014
    09105677 M&K CARE SOLUTIONS LTD 27 Jun 2014
    09066082 THE-IT-CLOUD LIMITED 02 Jun 2014
    09073084 IMMORTALITY ENTERPRISE LTD 05 Jun 2014
    09078148 MATCHLESS BEAUTY LIMITED 09 Jun 2014
    09079348 ABSEED LTD 10 Jun 2014
    09084674 WORLDWIDE PROTEIN 4 LIMITED 12 Jun 2014
    09090748 MASSAGE AND DERMATOLOGY LIMITED 17 Jun 2014
    09095265 S. CHIPENDO LIMITED 20 Jun 2014
    09103654 PPP SCAFFOLDING LTD 26 Jun 2014
    09107914 VELARC LTD 30 Jun 2014
    09067588 BEAUTIQUE BLOXWICH LIMITED 03 Jun 2014
    09083813 LEESE SYSTEMS LIMITED 12 Jun 2014
    09093818 ELIDOR EDUCATION LIMITED 19 Jun 2014
    09099297 GMS ELECTRICAL MECHANICAL ENGINEERING LIMITED 24 Jun 2014
    09081657 BILLION PLASTIC RECYCLING LTD 11 Jun 2014
    09077431 R & D FACADE DESIGN LIMITED 09 Jun 2014
    09102672 TEA AND BEAUTY LIMITED 25 Jun 2014
    09069774 LOW STREET 03/04/1966 LIMITED 04 Jun 2014
    09090998 J & E HAULAGE LIMITED 18 Jun 2014
    09068809 DRILLRITE LIMITED 03 Jun 2014
    09082046 JOOTT LIMITED 11 Jun 2014
    09082466 1ST FINANCE LIMITED 11 Jun 2014