West Bromwich, West Midlands

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in West Bromwich when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in West Bromwich when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in West Bromwich when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in West Bromwich when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in West Bromwich when compared to any previous June.
  • May 2014 saw a new record in company registrations in West Bromwich when compared to any previous May.
  • May 2014 was a record month for company registrations in West Bromwich when compared to any month in history.
  • The first half of 2014 saw a new record in net growth in West Bromwich when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in West Bromwich when compared to any half year in history.
  • June 2014 saw a new record in net growth in West Bromwich when compared to any previous June.
  • April 2014 saw a new record in net growth in West Bromwich when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in West Bromwich when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in West Bromwich when compared to any half year in history.

    In the first half of 2014 a total of 188 companies were formed in West Bromwich. This figure is 18.2% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in West Bromwich occurred in 2014 when a total of 188 were formed.

    Half Year (Jan-Jun)West BromwichUK
    2014188300,731
    2013159269,432
    % change18.2%11.6%
    Record Year2014 (188)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in West Bromwich when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in West Bromwich when compared to any quarter in history.

    A total of 96 companies were registered in West Bromwich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 10.3% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)West BromwichUK
    201496150,009
    201387134,630
    % change10.3%11.4%
    Record Year 2014 (96) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in West Bromwich when compared to any previous June.

    May 2014 saw a new record in company registrations in West Bromwich when compared to any previous May.

    May 2014 was a record month for company registrations in West Bromwich when compared to any month in history.

    New Companies by Month
    AprilMayJune
    New companies in 2014283632
    New companies in 2013283425
    % change0.0%5.9%28.0%
    Record Year2012 (30)2014 (36)2014 (32)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 92 companies were dissolved in West Bromwich. This figure is 7.0% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in West Bromwich occurred in 2009 when a total of 102 were closed.

    Half Year (Jan-Jun)West BromwichUK
    201492177,207
    201386155,192
    % change7.0%14.2%
    Record Year2009 (102)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 51 companies were dissolved in West Bromwich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 2.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)West BromwichUK
    20145194,837
    20135077,278
    % change2.0%22.7%
    Record Year 2012 (56) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014132414
    Closed companies in 201330119
    % change-56.7%118.2%56%
    Record Year2013 (30)2009 (26)2012 (17)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in West Bromwich when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in West Bromwich when compared to any half year in history.

    In the first half of 2014 the company register for West Bromwich increased by 96 companies.

    Half Year (Jan-Jun)West BromwichUK
    201496123,524
    201373114,240
    Record Year2014 (96)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for West Bromwich during the second quarter of 2014 (Apr 2014 - Jun 2014) was 45 companies.

    second quarter (Apr 2014 - Jun 2014)West BromwichUK
    20144555,172
    20133757,352
    Record Year 2014 (45) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in net growth in West Bromwich when compared to any previous June.

    April 2014 saw a new record in net growth in West Bromwich when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 2014151218
    Net growth in 2013-22316
    Record Year2014 (15)2013 (23)2014 (18)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 West Bromwich formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)West Bromwich
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1993 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, West Bromwich formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)West Bromwich
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-9.8%-2.2%10.9%
    Record Year2001 (0.1%)1981 (0.3%)1974 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 41.6.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 41.4.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in West Bromwich was 2010 when 28.7% of all directors were female.

    21.3% of all director appointments in West Bromwich in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in West Bromwich was in 2010 when 32.0% of all directors were female.

    16.3% of all director appointments in West Bromwich in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CARE1.92%CONSULTING5.16%
    TRANSPORT1.76%MANAGEMENT4.64%
    CONSTRUCTION0.96%CONSULTANCY3.50%
    TRADING0.96%PROPERTY2.66%
    SINGH0.80%TRADING2.03%
    MAINTENANCE0.80%ENGINEERING1.99%
    OPTICAL0.64%CONSTRUCTION1.93%
    FIX0.48%LONDON1.93%
    S0.48%CARE1.85%
    DOORS0.48%DESIGN1.75%
    BAR0.48%CONSULTANTS1.73%
    A10.48%BUSINESS1.69%
    BUSINESS0.48%PROPERTIES1.63%
    G0.48%TRANSPORT1.58%
    FURNITURE0.48%GLOBAL1.55%
    DRINKS0.48%INVESTMENTS1.55%
    HEALTH0.48%J1.51%
    BIRMINGHAM0.48%ASSOCIATES1.48%
    REPAIRS0.48%MEDIA1.44%
    TEHC0.32%ELECTRICAL1.40%
    POWDER0.32%IT1.33%
    CHRISTIAN0.32%DEVELOPMENTS1.33%
    I0.32%BUILDING1.26%
    CEILINGS0.32%M1.24%
    TRADERS0.32%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied169261,557
    49410 - Freight transport by road279,265
    86900 - Other human health activities1511,292
    99999 - Dormant Company1348,436
    82990 - Other business support service activities not elsewhere classified1157,421
    96090 - Other service activities not elsewhere classified1028,352
    56103 - Take-away food shops and mobile food stands87,840
    62020 - Information technology consultancy activities729,029
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating73,928
    74909 - Other professional, scientific and technical activities not elsewhere classified619,058
    45112 - Sale of used cars and light motor vehicles63,392
    96020 - Hairdressing and other beauty treatment66,631
    47990 - Other retail sale not in stores, stalls or markets66,286
    88990 - Other social work activities without accommodation not elsewhere classified54,170
    47910 - Retail sale via mail order houses or via Internet59,900
    45200 - Maintenance and repair of motor vehicles55,375
    68320 - Management of real estate on a fee or contract basis55,731
    32990 - Other manufacturing not elsewhere classified53,534
    43390 - Other building completion and finishing55,855
    43220 - Plumbing, heat and air-conditioning installation55,075

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08969435 8WAY LTD 01 Apr 2014
    08978249 BRANDROOT LIMITED 04 Apr 2014
    08978676 NEXT DOOR GLAZING LIMITED 04 Apr 2014
    08979347 ANDREW SUMAN LIMITED 04 Apr 2014
    08981355 HPS PAYROLL SERVICES LIMITED 07 Apr 2014
    08992217 LABEL 74 LIMITED 11 Apr 2014
    08993048 A SWEET MEMORY LIMITED 11 Apr 2014
    08993591 M5 MOTORS LIMITED 11 Apr 2014
    08996697 FIVE STAR PIZZA (BIRMINGHAM) LIMITED 15 Apr 2014
    08998650 BRANDSTYLE LTD 15 Apr 2014
    09000753 HAJIRA UNISEX HAIR & BEAUTY LIMITED 16 Apr 2014
    09008909 PHM CONSTRUCTION LIMITED 24 Apr 2014
    09009097 KN PLUMBING LIMITED 24 Apr 2014
    09012747 PREMCHOICE LTD 25 Apr 2014
    09016270 ALEEYAH'S TRANSPORT LTD 29 Apr 2014
    08969855 CV PERFECT LTD 01 Apr 2014
    08972768 MATRIX ENERGY&TELECOMUNICATIONS UK LTD 02 Apr 2014
    08982481 GS MANAGEMENTS LTD 07 Apr 2014
    08985448 YORLEK UK LIMITED 08 Apr 2014
    08996690 CHANTBROOKE LTD 15 Apr 2014
    09003569 XTREME MAINTENANCE & WELDING LTD 22 Apr 2014
    09003837 ROSE MAT LTD 22 Apr 2014
    09010685 L REEM SOLUTIONS LTD 24 Apr 2014
    09011071 TOM FAST LTD 25 Apr 2014
    09014724 FEEVA.UK LTD 28 Apr 2014

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