Walsall, West Midlands

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Walsall when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Walsall when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Walsall when compared to any previous March.
  • March 2015 was a record month for company registrations in Walsall when compared to any month in history.
  • February 2015 saw a new record in company registrations in Walsall when compared to any previous February.
  • March 2015 saw a new record in net growth in Walsall when compared to any previous March.
  • March 2015 was a record month for net growth in Walsall when compared to any month in history.

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. Quarterly Data (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Walsall when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Walsall when compared to any quarter in history.

    A total of 353 companies were registered in Walsall during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 6.3% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)WalsallUK
    2015353161,156
    2014332150,722
    % change6.3%6.9%
    Record Year 2015 (353) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Walsall when compared to any previous March.

    March 2015 was a record month for company registrations in Walsall when compared to any month in history.

    February 2015 saw a new record in company registrations in Walsall when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201588106159
    New companies in 2014120105107
    % change-26.7%1.0%48.6%
    Record Year2014 (120)2015 (106)2015 (159)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 200 companies were dissolved in Walsall during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 10.7% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)WalsallUK
    201520089,523
    201422482,370
    % change-10.7%8.7%
    Record Year 2009 (239) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015666074
    Closed companies in 2014747674
    % change-10.8%-21.1%0%
    Record Year2011 (102)2011 (89)2009 (150)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Walsall during the first quarter of 2015 (Jan 2015 - Mar 2015) was 153 companies.

    first quarter (Jan 2015 - Mar 2015)WalsallUK
    201515371,633
    201410868,352
    Record Year 2007 (202) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in net growth in Walsall when compared to any previous March.

    March 2015 was a record month for net growth in Walsall when compared to any month in history.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015224685
    Net growth in 2014462933
    Record Year2007 (51)2007 (70)2015 (85)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Walsall formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Walsall
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.2%0.3%
    UK formation share in 20140.3%0.2%0.2%
    % change-28.1%-7.0%35.5%
    Record Year1971 (0.6%)1986 (0.5%)1990 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.6.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Walsall was in 2008 when 29.1% of all directors were female.

    24.6% of all director appointments in Walsall in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    TRANSPORT1.52%CONSULTING5.23%
    CARE1.32%MANAGEMENT4.56%
    WALSALL1.17%CONSULTANCY3.62%
    MIDLANDS1.11%PROPERTY2.72%
    MANAGEMENT1.06%CONSTRUCTION2.19%
    ELECTRICAL0.91%CARE2.13%
    CONSTRUCTION0.91%ENGINEERING2.12%
    CONSULTING0.86%LONDON1.91%
    CONSULTANCY0.76%TRADING1.88%
    D0.76%TRANSPORT1.82%
    R0.66%ELECTRICAL1.76%
    HEALTH0.61%DESIGN1.65%
    ENGINEERING0.61%PROPERTIES1.63%
    DEVELOPMENTS0.56%CO.,1.58%
    TRANS0.56%J1.55%
    HEALTHCARE0.56%CONSULTANTS1.54%
    J0.51%BUSINESS1.49%
    (MIDLANDS)0.51%INVESTMENTS1.49%
    CONTRACTORS0.46%GLOBAL1.46%
    PROPERTIES0.46%ASSOCIATES1.44%
    M0.46%DEVELOPMENTS1.36%
    S0.46%BUILDING1.31%
    PROPERTY0.46%IT1.30%
    HOME0.46%MEDIA1.28%
    CONSULTANTS0.46%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied590288,953
    99999 - Dormant Company7049,474
    82990 - Other business support service activities not elsewhere classified6158,522
    49410 - Freight transport by road5312,485
    96090 - Other service activities not elsewhere classified5029,218
    70229 - Management consultancy activities other than financial management4243,081
    86900 - Other human health activities3913,990
    62020 - Information technology consultancy activities3530,825
    68209 - Other letting and operating of own or leased real estate2811,600
    74909 - Other professional, scientific and technical activities not elsewhere classified2519,098
    62090 - Other information technology service activities2412,862
    86101 - Hospital activities245,043
    56302 - Public houses and bars226,355
    47910 - Retail sale via mail order houses or via Internet2010,200
    41100 - Development of building projects1911,863
    69201 - Accounting and auditing activities197,682
    43390 - Other building completion and finishing196,052
    56103 - Take-away food shops and mobile food stands188,607
    74990 - Non-trading company1813,794
    85590 - Other education not elsewhere classified186,238

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09371261 MULTI-VERSE-GAMING LIMITED 02 Jan 2015
    09377769 KOBANI OFF LICENCE LIMITED 07 Jan 2015
    09379077 RANA AND CO ACCOUNTANTS (WALSALL) LTD 08 Jan 2015
    09386215 CARPE DIEM ENDEAVOURS LTD 13 Jan 2015
    09387776 STONELEIGH PLANNING LIMITED 14 Jan 2015
    09390147 KHANS FISH BAR LIMITED 15 Jan 2015
    09396535 MIHAILA R TRANSPORT LTD 20 Jan 2015
    09412585 FREEDOM PHLEBOTOMY LIMITED 29 Jan 2015
    09376273 GRAND UNION CANAL CARRYING COMPANY LIMITED 06 Jan 2015
    09383484 SHIRIA LTD 12 Jan 2015
    09392430 NO DRIPS MIDLANDS LIMITED 16 Jan 2015
    09398685 GGP HEALTHCARE LIMITED 21 Jan 2015
    09408042 SPAIN EXPRESS LIMITED 27 Jan 2015
    09395818 HOME BARGAINS DISCOUNT STORE LTD 19 Jan 2015
    09390337 DINA TORKIA LTD 15 Jan 2015
    09391814 IAN RODEN CONSULTING LTD 16 Jan 2015
    09401075 HCML LIMITED 22 Jan 2015
    09378866 EXISTENTIALLY LIMITED 08 Jan 2015
    09410176 PARKIT SYSTEMS LTD 28 Jan 2015
    09371799 LAMOT VENTURES LIMITED 02 Jan 2015
    09378264 GREEN10 EVENTS LIMITED 07 Jan 2015
    09385862 MIDLANDS ENGINEERING INSPECTION LTD 13 Jan 2015
    09387399 KRISP CO LIMITED 13 Jan 2015
    09393436 ADASTRA SPECIALIST ACCESS LIMITED 16 Jan 2015
    09407458 PROFESSIONAL DJS UK LTD 27 Jan 2015