Wellingborough, Northamptonshire

2014 Annual Business Confidence Report

Headlines

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

    A total of 640 companies were formed in Wellingborough in 2014. This total is 21.4% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWellingboroughUK
    2014640582,051
    2013527529,363
    2012400491,893
    2011401452,870
    2010420400,358
    Record Year2014 (640)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 Wellingborough when compared to any previous second half year.

    In the second half of 2014 a total of 298 companies were formed in Wellingborough. This figure is 16.4% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Wellingborough occurred in 2014 when a total of 298 were formed.

    Half Year (Jul-Dec)WellingboroughUK
    2014298281,320
    2013256259,931
    % change16.4%8.2%
    Record Year2014 (298)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 127 companies were registered in Wellingborough during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 2.3% 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)WellingboroughUK
    2014127137,906
    2013130127,247
    % change-2.3%8.4%
    Record Year 2013 (130) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014534133
    New companies in 2013603931
    % change-11.7%5.1%6.5%
    Record Year2013 (60)2005 (41)2005 (34)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 362 companies were dissolved in Wellingborough in 2014. This total is 10.7% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearWellingboroughUK
    2014362367,937
    2013327332,213
    2012342293,729
    2011416314,524
    2010337342,233
    Record Year2009 (602)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 218 companies were dissolved in Wellingborough. This figure is 15.3% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Wellingborough occurred in 2009 when a total of 235 were closed.

    Half Year (Jul-Dec)WellingboroughUK
    2014218190,730
    2013189177,021
    % change15.3%7.7%
    Record Year2009 (235)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 102 companies were dissolved in Wellingborough during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 6.3% 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)WellingboroughUK
    201410289,060
    20139690,851
    % change6.3%-2.0%
    Record Year 2014 (102) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014353631
    Closed companies in 2013492225
    % change-28.6%63.6%24%
    Record Year2013 (49)2014 (36)2011 (38)

Net Company Growth

  1. Annual Data (2014)

    A total of 278 companies were added to the company register for Wellingborough in 2014. This number represents growth of 43.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 78 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Wellingborough company register grew by 278 companies.

    YearWellingboroughUK
    2014278214,114
    2013200197,150
    201258198,164
    2011-15138,346
    20108358,125
    Record Year2014 (278)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Wellingborough increased by 80 companies.

    Half Year (Jul-Dec)WellingboroughUK
    20148090,590
    20136782,910
    Record Year1999 (141)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Wellingborough during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 25 companies.

    fourth quarter (Oct 2014 - Dec 2014)WellingboroughUK
    20142548,846
    20133436,396
    Record Year 2005 (56) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141852
    Net growth in 201311176
    Record Year2008 (35)2008 (20)2005 (23)

UK Company Share

  1. Annual Data (2014)

    In 2014 Wellingborough formed 0.1% of all UK companies. This is no change on 2013 when Wellingborough was responsible for 0.1% of all UK companies.

    YearWellingborough
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2006 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Wellingborough formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Wellingborough
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1999 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Wellingborough formed 0.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Wellingborough
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-16.0%-0.2%-8.9%
    Record Year1993 (0.2%)1990 (0.2%)1995 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.1.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.9% 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 2.8% 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 42.8.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.1% 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 Wellingborough was 1987 when 50.0% of all directors were female.

    The percentage of female directors in Wellingborough in 2014 was 25.1%. 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 Wellingborough was 2010 when 43.6% of all directors were female.

    27.5% of all director appointments in Wellingborough 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 Wellingborough was in 2010 when 53.8% of all directors were female.

    26.0% of all director appointments in Wellingborough 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
    J1.82%CONSULTING5.22%
    TRANSPORT1.53%MANAGEMENT4.58%
    CONSULTING1.53%CONSULTANCY3.57%
    M1.44%PROPERTY2.66%
    G1.25%CONSTRUCTION2.12%
    S1.05%ENGINEERING2.10%
    LOGISTICS0.96%CARE2.02%
    P0.96%TRADING1.94%
    L0.96%LONDON1.93%
    MANAGEMENT0.96%TRANSPORT1.93%
    C0.86%DESIGN1.66%
    CONSULTANCY0.86%CONSULTANTS1.64%
    B0.77%ELECTRICAL1.62%
    NORTHAMPTON0.77%PROPERTIES1.62%
    ENGINEERING0.77%BUSINESS1.56%
    PLUMBING0.67%J1.54%
    R0.67%CO.,1.50%
    W0.67%GLOBAL1.49%
    D0.67%INVESTMENTS1.48%
    BUSINESS0.57%ASSOCIATES1.47%
    K0.57%DEVELOPMENTS1.35%
    ELECTRICAL0.57%MEDIA1.33%
    ENTERPRISES0.57%IT1.31%
    PROPERTY0.57%BUILDING1.29%
    TRAINING0.57%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied217265,608
    82990 - Other business support service activities not elsewhere classified5958,068
    49410 - Freight transport by road5110,842
    99999 - Dormant Company4148,509
    70229 - Management consultancy activities other than financial management2642,290
    96090 - Other service activities not elsewhere classified2629,009
    62020 - Information technology consultancy activities2430,178
    62090 - Other information technology service activities1912,837
    74909 - Other professional, scientific and technical activities not elsewhere classified1619,049
    43999 - Other specialised construction activities not elsewhere classified148,761
    45200 - Maintenance and repair of motor vehicles135,425
    86900 - Other human health activities1212,976
    56103 - Take-away food shops and mobile food stands128,318
    41100 - Development of building projects1111,397
    43390 - Other building completion and finishing105,931
    69201 - Accounting and auditing activities107,528
    68209 - Other letting and operating of own or leased real estate911,212
    43290 - Other construction installation93,286
    56102 - Unlicensed restaurants and cafes94,745
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating94,167

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09338789 NORTH & EAST UK LTD 03 Dec 2014
    09340521 HMG ESTATES LTD 04 Dec 2014
    09342039 GLORY PRIVATE LTD 04 Dec 2014
    09344821 REGMAT BUSINESS INTELLIGENCE LTD. 08 Dec 2014
    09346306 CAMBRIDGE DX LIMITED 08 Dec 2014
    09347039 SOLO ACCOUNTANT PLUS LTD 09 Dec 2014
    09350097 GLOBAL PV CAPITAL LTD 11 Dec 2014
    09350941 VLAD13 LIMITED 11 Dec 2014
    09356571 BENGALI CUISINE LTD 16 Dec 2014
    09359236 EMI ENTERPRISE LTD 17 Dec 2014
    OC397173 HARWOODS ESTATE AGENTS AND SURVEYORS LLP 18 Dec 2014
    09360467 THE SWAN BUILDING & CONSTRUCTION LTD 18 Dec 2014
    09361532 THAMES ROAD 1968 LIMITED 18 Dec 2014
    09367143 ROMIC CONSULTING LIMITED 24 Dec 2014
    09369659 JLZ CONSULTING LTD 30 Dec 2014
    09337335 COLEMAN 1965 LIMITED 02 Dec 2014
    09344798 STEMS FROM THE HEART LTD 08 Dec 2014
    09346068 RS VISUAL LTD 08 Dec 2014
    09348242 WEDOPLANT LIMITED 09 Dec 2014
    09348452 WEDOTOOLS LIMITED 10 Dec 2014
    09348485 WEDOCARS LIMITED 10 Dec 2014
    09348490 WEDOHIRE LIMITED 10 Dec 2014
    09352227 L88 EVENTS LTD 12 Dec 2014
    09363855 SC (CREDIT MANAGEMENT) CONSULTANCY LTD 22 Dec 2014
    09368888 SOLECTRICAL ENGINEERS LIMITED 29 Dec 2014