Walsall, West Midlands
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Walsall when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Walsall when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Walsall when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Walsall when compared to any previous December.
- November 2014 saw a new record in company registrations in Walsall when compared to any previous November.
- November 2014 saw a new record in net growth in Walsall when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Walsall when compared to any year in history.
A total of 1,268 companies were formed in Walsall in 2014. This total is 25.3% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Walsall UK 2014 1,268 582,051 2013 1,012 529,363 2012 918 491,893 2011 874 452,870 2010 831 400,358 Record Year 2014 (1,268) 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 Walsall when compared to any previous second half year.
In the second half of 2014 a total of 633 companies were formed in Walsall. This figure is 29.7% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Walsall occurred in 2014 when a total of 633 were formed.
Half Year (Jul-Dec) Walsall UK 2014 633 281,320 2013 488 259,931 % change 29.7% 8.2% Record Year 2014 (633) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Walsall when compared to any previous Q4.
A total of 305 companies were registered in Walsall during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 31.5% versus the same period last year (Q4 2013). This figure compares well 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) Walsall UK 2014 305 137,906 2013 232 127,247 % change 31.5% 8.4% Record Year 2014 (305) 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 Walsall when compared to any previous December.
November 2014 saw a new record in company registrations in Walsall when compared to any previous November.
New Companies by Month
October November December New companies in 2014 102 107 96 New companies in 2013 97 73 62 % change 5.2% 46.6% 54.8% Record Year 2012 (105) 2014 (107) 2014 (96)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 904 companies were dissolved in Walsall in 2014. This total is 9.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Walsall UK 2014 904 367,937 2013 823 332,213 2012 711 293,729 2011 834 314,524 2010 901 342,233 Record Year 2009 (1,046) 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 467 companies were dissolved in Walsall. This figure is 6.4% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Walsall occurred in 2013 when a total of 499 were closed.
Half Year (Jul-Dec) Walsall UK 2014 467 190,730 2013 499 177,021 % change -6.4% 7.7% Record Year 2013 (499) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 199 companies were dissolved in Walsall during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 10.8% 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) Walsall UK 2014 199 89,060 2013 223 90,851 % change -10.8% -2.0% Record Year 2011 (230) 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 54 53 92 Closed companies in 2013 84 74 65 % change -35.7% -28.4% 42% Record Year 2012 (103) 2011 (90) 2009 (97)
Net Company Growth
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Annual Data (2014)
A total of 364 companies were added to the company register for Walsall in 2014. This number represents growth of 28.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 175 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Walsall company register grew by 530 companies.
Year Walsall UK 2014 364 214,114 2013 189 197,150 2012 207 198,164 2011 40 138,346 2010 -70 58,125 Record Year 2007 (530) 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 Walsall increased by 166 companies.
Half Year (Jul-Dec) Walsall UK 2014 166 90,590 2013 -11 82,910 Record Year 2002 (259) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Walsall during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 106 companies.
fourth quarter (Oct 2014 - Dec 2014) Walsall UK 2014 106 48,846 2013 9 36,396 Record Year 2005 (110) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Walsall when compared to any previous November.
Net Growth by Month
October November December Net growth in 2014 48 54 4 Net growth in 2013 13 -1 -3 Record Year 2005 (60) 2014 (54) 2002 (33)
UK Company Share
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Annual Data (2014)
In 2014 Walsall formed 0.2% of all UK companies. This is no change on 2013 when Walsall was responsible for 0.2% of all UK companies.
Year Walsall 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1992 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Walsall formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jul-Dec) 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Walsall formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Walsall 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1990 (0.3%) 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 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 0.1% 39.2% 32.5% Record Year 1986 (0.3%) 1990 (0.3%) 1991 (0.3%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.6.
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 5.0% 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 42.5.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% 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 42.9.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.9% 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 Walsall was 1986 when 50.0% of all directors were female.
The percentage of female directors in Walsall in 2014 was 24.2%. 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 Walsall was 2007 when 27.2% of all directors were female.
23.9% of all director appointments in Walsall 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 Walsall was in 2012 when 26.7% of all directors were female.
25.5% of all director appointments in Walsall 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 CARE 1.40% CONSULTING 5.22% WALSALL 1.35% MANAGEMENT 4.58% TRANSPORT 1.24% CONSULTANCY 3.57% MANAGEMENT 1.19% PROPERTY 2.66% CONSTRUCTION 1.04% CONSTRUCTION 2.12% MIDLANDS 0.98% ENGINEERING 2.10% CONSULTANCY 0.93% CARE 2.02% ELECTRICAL 0.88% TRADING 1.94% D 0.67% LONDON 1.93% TRANS 0.67% TRANSPORT 1.93% CONSULTING 0.67% DESIGN 1.66% HEALTHCARE 0.62% CONSULTANTS 1.64% PROPERTIES 0.62% ELECTRICAL 1.62% S 0.62% PROPERTIES 1.62% R 0.62% BUSINESS 1.56% BUILDING 0.57% J 1.54% ENGINEERING 0.57% CO., 1.50% ROOFING 0.57% GLOBAL 1.49% HEALTH 0.57% INVESTMENTS 1.48% TRADING 0.52% ASSOCIATES 1.47% LOGISTICS 0.52% DEVELOPMENTS 1.35% PROPERTY 0.52% MEDIA 1.33% J 0.47% IT 1.31% CONTRACTORS 0.47% BUILDING 1.29% TRAVEL 0.47% 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 524 265,608 99999 - Dormant Company 68 48,509 82990 - Other business support service activities not elsewhere classified 65 58,068 49410 - Freight transport by road 54 10,842 96090 - Other service activities not elsewhere classified 51 29,009 86900 - Other human health activities 40 12,976 70229 - Management consultancy activities other than financial management 39 42,290 62020 - Information technology consultancy activities 34 30,178 68209 - Other letting and operating of own or leased real estate 26 11,212 56302 - Public houses and bars 24 6,285 74909 - Other professional, scientific and technical activities not elsewhere classified 24 19,049 62090 - Other information technology service activities 23 12,837 86101 - Hospital activities 21 4,366 85590 - Other education not elsewhere classified 21 6,206 43220 - Plumbing, heat and air-conditioning installation 19 5,189 47910 - Retail sale via mail order houses or via Internet 19 10,107 43390 - Other building completion and finishing 19 5,931 69201 - Accounting and auditing activities 16 7,528 56101 - Licensed restaurants 16 8,782 47710 - Retail sale of clothing in specialised stores 16 3,359
Recent Companies
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Randomly selected companies from this quarter
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