Wednesbury, West Midlands

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Wednesbury when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Wednesbury when compared to any previous second half year.
  • 2014 was a record year for company closures in Wednesbury when compared to any year in history.
  • November 2014 saw a new record in company closures in Wednesbury 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 Wednesbury when compared to any year in history.

    A total of 249 companies were formed in Wednesbury in 2014. This total is 22.7% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWednesburyUK
    2014249582,051
    2013203529,363
    2012217491,893
    2011206452,870
    2010153400,358
    Record Year2014 (249)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 Wednesbury when compared to any previous second half year.

    In the second half of 2014 a total of 123 companies were formed in Wednesbury. This figure is 33.7% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Wednesbury occurred in 2014 when a total of 123 were formed.

    Half Year (Jul-Dec)WednesburyUK
    2014123281,320
    201392259,931
    % change33.7%8.2%
    Record Year2014 (123)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 48 companies were registered in Wednesbury during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a difference of 0.0% versus the same period last year (Q4 2013). This figure compares badly 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)WednesburyUK
    201448137,906
    201348127,247
    % change0.0%8.4%
    Record Year 2011 (56) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014161913
    New companies in 201321819
    % change-23.8%137.5%-31.6%
    Record Year2013 (21)2011 (23)2013 (19)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Wednesbury when compared to any year in history.

    A total of 140 companies were dissolved in Wednesbury in 2014. This total is 15.7% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearWednesburyUK
    2014140367,937
    2013121332,213
    2012100293,729
    201179314,524
    2010119342,233
    Record Year2014 (140)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 74 companies were dissolved in Wednesbury. This figure is 14.0% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Wednesbury occurred in 2013 when a total of 86 were closed.

    Half Year (Jul-Dec)WednesburyUK
    201474190,730
    201386177,021
    % change-14.0%7.7%
    Record Year2013 (86)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 41 companies were dissolved in Wednesbury during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 17.1% versus the same period last year (Q4 2013). This figure compares poorly 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)WednesburyUK
    20144189,060
    20133590,851
    % change17.1%-2.0%
    Record Year 2014 (41) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company closures in Wednesbury when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014101912
    Closed companies in 2013111014
    % change-9.1%90.0%-14%
    Record Year2012 (13)2014 (19)2013 (14)

Net Company Growth

  1. Annual Data (2014)

    A total of 109 companies were added to the company register for Wednesbury in 2014. This number represents growth of 43.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 27 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Wednesbury company register grew by 127 companies.

    YearWednesburyUK
    2014109214,114
    201382197,150
    2012117198,164
    2011127138,346
    20103458,125
    Record Year2011 (127)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Wednesbury increased by 49 companies.

    Half Year (Jul-Dec)WednesburyUK
    20144990,590
    2013682,910
    Record Year2011 (76)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Wednesbury during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 7 companies.

    fourth quarter (Oct 2014 - Dec 2014)WednesburyUK
    2014748,846
    20131336,396
    Record Year 2011 (40) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014601
    Net growth in 201310-25
    Record Year2010 (16)2011 (20)2010 (8)

UK Company Share

  1. Annual Data (2014)

    In 2014 Wednesbury formed 0.0% of all UK companies. This is no change on 2013 when Wednesbury was responsible for 0.0% of all UK companies.

    YearWednesbury
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2011 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Wednesbury formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Wednesbury
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2011 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Wednesbury formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Wednesbury
    20140.0%
    20130.0%
    20120.0%
    20110.1%
    20100.0%
    Record Year (since 1960) 2011 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.1%
    % change-27.6%124.7%-41.5%
    Record Year2010 (0.1%)1991 (0.1%)2013 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 41.3.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 5.5% 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 40.7.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.9% 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 40.8.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.2% 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 Wednesbury was 1989 when 100.0% of all directors were female.

    The percentage of female directors in Wednesbury in 2014 was 21.8%. 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 Wednesbury was 2012 when 30.5% of all directors were female.

    23.5% of all director appointments in Wednesbury 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 Wednesbury was in 2012 when 36.7% of all directors were female.

    18.9% of all director appointments in Wednesbury 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
    TRANSPORT2.37%CONSULTING5.22%
    CONSTRUCTION0.99%MANAGEMENT4.58%
    STEEL0.79%CONSULTANCY3.57%
    PROPERTY0.79%PROPERTY2.66%
    MANAGEMENT0.79%CONSTRUCTION2.12%
    CONSULTANCY0.79%ENGINEERING2.10%
    J0.79%CARE2.02%
    ASSETS0.59%TRADING1.94%
    ENTERPRISES0.59%LONDON1.93%
    TRADING0.59%TRANSPORT1.93%
    STEVE0.59%DESIGN1.66%
    CORPORATE0.59%CONSULTANTS1.64%
    SECURITY0.59%ELECTRICAL1.62%
    BUSINESS0.59%PROPERTIES1.62%
    CAR0.40%BUSINESS1.56%
    SERVICE0.40%J1.54%
    JASON0.40%CO.,1.50%
    D0.40%GLOBAL1.49%
    CONSULTANTS0.40%INVESTMENTS1.48%
    EDUCATION0.40%ASSOCIATES1.47%
    ELECTRICAL0.40%DEVELOPMENTS1.35%
    BATES0.40%MEDIA1.33%
    MAINTENANCE0.40%IT1.31%
    VENTURES0.40%BUILDING1.29%
    MARKETING0.40%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied123265,608
    49410 - Freight transport by road3210,842
    99999 - Dormant Company1548,509
    96090 - Other service activities not elsewhere classified1029,009
    86900 - Other human health activities812,976
    41100 - Development of building projects811,397
    43390 - Other building completion and finishing85,931
    82990 - Other business support service activities not elsewhere classified758,068
    43999 - Other specialised construction activities not elsewhere classified78,761
    70229 - Management consultancy activities other than financial management642,290
    43210 - Electrical installation65,985
    41202 - Construction of domestic buildings57,559
    43910 - Roofing activities51,475
    74990 - Non-trading company513,984
    33190 - Repair of other equipment41,432
    56103 - Take-away food shops and mobile food stands48,318
    56302 - Public houses and bars46,285
    43320 - Joinery installation42,180
    56101 - Licensed restaurants48,782
    45200 - Maintenance and repair of motor vehicles45,425

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09333965 HOLIDAY GUYS LIMITED 01 Dec 2014
    09337109 ADEDU LIMITED 02 Dec 2014
    09338496 JODP MEDICAL SERVICES LTD 03 Dec 2014
    09339765 NANCIES LINGERIE LTD 03 Dec 2014
    09345241 NAAMENT LIMITED 08 Dec 2014
    09350625 ERNIE. T LTD 11 Dec 2014
    09351496 PROSPERITY ACCOUNTANTS LTD. 11 Dec 2014
    09352365 BELL STREET PUBLIC HOUSE LIMITED 12 Dec 2014
    09359562 MAYBROOK MOTOR SERVICES LTD 17 Dec 2014
    09359767 MIDAS WIRE EROSION LTD 18 Dec 2014
    09364431 MONWAY WOODFUEL LIMITED 22 Dec 2014
    09369104 JACOB ASSETS LIMITED 29 Dec 2014
    09369606 FIRDOUS GROCERY HALAL MEAT LTD 30 Dec 2014

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