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

  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. 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.

    YearWalsallUK
    20141,268582,051
    20131,012529,363
    2012918491,893
    2011874452,870
    2010831400,358
    Record Year2014 (1,268)2014 (582,051)
    New Companies by Year
  2. 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)WalsallUK
    2014633281,320
    2013488259,931
    % change29.7%8.2%
    Record Year2014 (633)2014 (281,320)
    New Companies by Half Year
  3. 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)WalsallUK
    2014305137,906
    2013232127,247
    % change31.5%8.4%
    Record Year 2014 (305) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 201410210796
    New companies in 2013977362
    % change5.2%46.6%54.8%
    Record Year2012 (105)2014 (107)2014 (96)

Closed Companies (dissolved)

  1. 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.

    YearWalsallUK
    2014904367,937
    2013823332,213
    2012711293,729
    2011834314,524
    2010901342,233
    Record Year2009 (1,046)2009 (533,789)
    Dissolved Companies by Year
  2. 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)WalsallUK
    2014467190,730
    2013499177,021
    % change-6.4%7.7%
    Record Year2013 (499)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)WalsallUK
    201419989,060
    201322390,851
    % change-10.8%-2.0%
    Record Year 2011 (230) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014545392
    Closed companies in 2013847465
    % change-35.7%-28.4%42%
    Record Year2012 (103)2011 (90)2009 (97)

Net Company Growth

  1. 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.

    YearWalsallUK
    2014364214,114
    2013189197,150
    2012207198,164
    201140138,346
    2010-7058,125
    Record Year2007 (530)2007 (237,353)
    Net Growth by Year
  2. 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)WalsallUK
    201416690,590
    2013-1182,910
    Record Year2002 (259)2003 (117,772)
    Net Growth by Half Year
  3. 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)WalsallUK
    201410648,846
    2013936,396
    Record Year 2005 (110) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 201448544
    Net growth in 201313-1-3
    Record Year2005 (60)2014 (54)2002 (33)

UK Company Share

  1. 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.

    YearWalsall
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1992 (0.3%)
    Company Share by Year
  2. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Half Year
  3. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change0.1%39.2%32.5%
    Record Year1986 (0.3%)1990 (0.3%)1991 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2013-Dec 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CARE1.40%CONSULTING5.22%
    WALSALL1.35%MANAGEMENT4.58%
    TRANSPORT1.24%CONSULTANCY3.57%
    MANAGEMENT1.19%PROPERTY2.66%
    CONSTRUCTION1.04%CONSTRUCTION2.12%
    MIDLANDS0.98%ENGINEERING2.10%
    CONSULTANCY0.93%CARE2.02%
    ELECTRICAL0.88%TRADING1.94%
    D0.67%LONDON1.93%
    TRANS0.67%TRANSPORT1.93%
    CONSULTING0.67%DESIGN1.66%
    HEALTHCARE0.62%CONSULTANTS1.64%
    PROPERTIES0.62%ELECTRICAL1.62%
    S0.62%PROPERTIES1.62%
    R0.62%BUSINESS1.56%
    BUILDING0.57%J1.54%
    ENGINEERING0.57%CO.,1.50%
    ROOFING0.57%GLOBAL1.49%
    HEALTH0.57%INVESTMENTS1.48%
    TRADING0.52%ASSOCIATES1.47%
    LOGISTICS0.52%DEVELOPMENTS1.35%
    PROPERTY0.52%MEDIA1.33%
    J0.47%IT1.31%
    CONTRACTORS0.47%BUILDING1.29%
    TRAVEL0.47%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied524265,608
    99999 - Dormant Company6848,509
    82990 - Other business support service activities not elsewhere classified6558,068
    49410 - Freight transport by road5410,842
    96090 - Other service activities not elsewhere classified5129,009
    86900 - Other human health activities4012,976
    70229 - Management consultancy activities other than financial management3942,290
    62020 - Information technology consultancy activities3430,178
    68209 - Other letting and operating of own or leased real estate2611,212
    56302 - Public houses and bars246,285
    74909 - Other professional, scientific and technical activities not elsewhere classified2419,049
    62090 - Other information technology service activities2312,837
    86101 - Hospital activities214,366
    85590 - Other education not elsewhere classified216,206
    43220 - Plumbing, heat and air-conditioning installation195,189
    47910 - Retail sale via mail order houses or via Internet1910,107
    43390 - Other building completion and finishing195,931
    69201 - Accounting and auditing activities167,528
    56101 - Licensed restaurants168,782
    47710 - Retail sale of clothing in specialised stores163,359

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09244759 KAYLEE CARE LIMITED 02 Oct 2014
    09247922 HD GURU LIMITED 03 Oct 2014
    09253609 SECURE LETTINGS & MAINTENANCE LIMITED 08 Oct 2014
    09257760 PROMOWALKERS LIMITED 10 Oct 2014
    09264144 TRANSFORM RECRUITMENT LIMITED 14 Oct 2014
    09271160 GENESIS BUGONDE HEALTHCARE LIMITED 20 Oct 2014
    09280753 ENTERPRISE RECOVERY & STORAGE LTD 27 Oct 2014
    09284460 JOB 4 CHOICE LIMITED 28 Oct 2014
    09288734 MARIANLMK LTD 30 Oct 2014
    09243711 FUNGAIK LTD 01 Oct 2014
    09258938 HENFIELD ENERGY LTD 10 Oct 2014
    09271940 Z HAVAS LTD 20 Oct 2014
    OC396104 AJ ALES LLP 27 Oct 2014
    09284573 PORCSALMISHOP&MARKET LIMITED 28 Oct 2014
    09288646 PAJO TRANSPORT LTD 30 Oct 2014
    09242723 ADVANCED THERMAL SOLUTIONS LIMITED 01 Oct 2014
    09283652 GULSHAN RESTAURANT LIMITED 28 Oct 2014
    09284094 GO 4 GOLD LOCAL LIMITED 28 Oct 2014
    09247363 THREE SPICES WALSALL LIMITED 03 Oct 2014
    09266637 RANA CONSTRUCTIONS LTD 16 Oct 2014
    09248257 AM DISTRIBUTION CO. D MACDOUGALL LTD 03 Oct 2014
    09268488 CANNOCK HIAB SERVICES LTD 17 Oct 2014
    09273260 THE GROUND RENT INVESTOR (NORTH WEST) LIMITED 21 Oct 2014
    09286966 AMC HEALTH ASSESSMENT LIMITED 29 Oct 2014
    09265747 J TILT LIMITED 15 Oct 2014