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
    08978834 HANSRA CO LTD 04 Apr 2014
    08988019 RP WORLD LIMITED 09 Apr 2014
    08993620 INVESTMENT IN SAFETY LIMITED 11 Apr 2014
    08996466 AHD ELEMENTS LIMITED 14 Apr 2014
    09004308 DINA GLOBAL LIMITED 22 Apr 2014
    09011147 GLOBAL FREESTYLE LIMITED 25 Apr 2014
    08973425 SIA & CO LIMITED 02 Apr 2014
    08992132 WEST MIDLANDS POLISHING SERVICES LTD 11 Apr 2014
    08998889 ONE STOP NUTRITION LTD 15 Apr 2014
    08999195 KSM LOCUM LTD 16 Apr 2014
    09019156 WET MAGAZINE LTD 30 Apr 2014
    08979532 CENTRAL CONTRACTORS LIMITED 04 Apr 2014
    08991401 M MURRAY CONSTRUCTION LTD 10 Apr 2014
    09008757 READ MORE LIMITED 24 Apr 2014
    08971305 SSABAR LTD. 01 Apr 2014
    08979770 JETSMART LTD 04 Apr 2014
    08981406 JOSHVUN PROPERTIES LIMITED 07 Apr 2014
    08986740 ORACLE TRADING (UK) LIMITED 08 Apr 2014
    08993223 THE IEIS EDUCATION GROUP LTD 11 Apr 2014
    08985814 SUMMERHILL ROAD (BILSTON) MANAGEMENT COMPANY LIMITED 08 Apr 2014
    08986432 KHAYA CONSTRUCTION LIMITED 08 Apr 2014
    09014208 DOMESTIC ENERGY SYSTEMS LTD 28 Apr 2014
    08977805 HOMECARE PROPERTY REPAIRS & MAINTENANCE LTD 04 Apr 2014
    08983325 NANA JONES TRADITIONAL CONFECTIONERY COMPANY LTD 07 Apr 2014
    08988653 ESTILO DEL MUNDO LTD 09 Apr 2014