West Bromwich, West Midlands

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in West Bromwich when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in West Bromwich when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in West Bromwich when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in West Bromwich when compared to any previous Q4.
  • November 2014 saw a new record in company registrations in West Bromwich when compared to any previous November.
  • October 2014 saw a new record in company registrations in West Bromwich when compared to any previous October.
  • November 2014 saw a new record in company closures in West Bromwich when compared to any previous November.
  • 2014 was a record year for net growth in West Bromwich when compared to any year in history.
  • The second half of 2014 saw a new record in net growth in West Bromwich when compared to any previous second half year.
  • October 2014 saw a new record in net growth in West Bromwich when compared to any previous October.

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 West Bromwich when compared to any year in history.

    A total of 391 companies were formed in West Bromwich in 2014. This total is 21.8% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWest BromwichUK
    2014391582,051
    2013321529,363
    2012256491,893
    2011241452,870
    2010229400,358
    Record Year2014 (391)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 West Bromwich when compared to any previous second half year.

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

    In the second half of 2014 a total of 203 companies were formed in West Bromwich. This figure is 25.3% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in West Bromwich occurred in 2014 when a total of 203 were formed.

    Half Year (Jul-Dec)West BromwichUK
    2014203281,320
    2013162259,931
    % change25.3%8.2%
    Record Year2014 (203)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 West Bromwich when compared to any previous Q4.

    A total of 88 companies were registered in West Bromwich during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 11.4% versus the same period last year (Q4 2013). This figure compares equally 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)West BromwichUK
    201488137,906
    201379127,247
    % change11.4%8.4%
    Record Year 2014 (88) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014303622
    New companies in 2013243124
    % change25.0%16.1%-8.3%
    Record Year2014 (30)2014 (36)2013 (24)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 200 companies were dissolved in West Bromwich in 2014. This total is 3.6% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearWest BromwichUK
    2014200367,937
    2013193332,213
    2012163293,729
    2011156314,524
    2010168342,233
    Record Year2009 (219)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 108 companies were dissolved in West Bromwich. This figure is 0.9% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in West Bromwich occurred in 2009 when a total of 117 were closed.

    Half Year (Jul-Dec)West BromwichUK
    2014108190,730
    2013107177,021
    % change0.9%7.7%
    Record Year2009 (117)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 49 companies were dissolved in West Bromwich during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 3.9% 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)West BromwichUK
    20144989,060
    20135190,851
    % change-3.9%-2.0%
    Record Year 2013 (51) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014141916
    Closed companies in 2013191616
    % change-26.3%18.8%0%
    Record Year2012 (22)2014 (19)2009 (19)

Net Company Growth

  1. Annual Data (2014)

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

    A total of 191 companies were added to the company register for West Bromwich in 2014. This number represents growth of 48.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 63 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the West Bromwich company register grew by 191 companies.

    YearWest BromwichUK
    2014191214,114
    2013128197,150
    201293198,164
    201185138,346
    20106158,125
    Record Year2014 (191)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 the company register for West Bromwich increased by 95 companies.

    Half Year (Jul-Dec)West BromwichUK
    20149590,590
    20135582,910
    Record Year2014 (95)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for West Bromwich during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 39 companies.

    fourth quarter (Oct 2014 - Dec 2014)West BromwichUK
    20143948,846
    20132836,396
    Record Year 2014 (39) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201416176
    Net growth in 20135158
    Record Year2014 (16)2010 (19)2010 (11)

UK Company Share

  1. Annual Data (2014)

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

    YearWest Bromwich
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1993 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second 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 (Jul-Dec)West Bromwich
    20140.1%
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    Record Year (since 1960) 1968 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)West Bromwich
    20140.1%
    20130.1%
    20120.0%
    20110.0%
    20100.1%
    Record Year (since 1960) 1993 (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 20130.0%0.1%0.1%
    % change19.0%10.3%-21.5%
    Record Year1971 (0.2%)1993 (0.1%)1986 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 40.8.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.2% 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 40.0.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.7% 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 39.5.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.0% 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 West Bromwich was 2013 when 25.5% of all directors were female.

    The percentage of female directors in West Bromwich in 2014 was 22.1%. 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 West Bromwich was 2013 when 24.8% of all directors were female.

    23.0% of all director appointments in West Bromwich 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 West Bromwich was in 2005 when 28.4% of all directors were female.

    22.4% of all director appointments in West Bromwich 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
    TRANSPORT2.47%CONSULTING5.22%
    BUILDERS1.16%MANAGEMENT4.58%
    TRADING1.02%CONSULTANCY3.57%
    CONSTRUCTION1.02%PROPERTY2.66%
    CARE1.02%CONSTRUCTION2.12%
    SERVICE0.87%ENGINEERING2.10%
    MAINTENANCE0.73%CARE2.02%
    WEST0.73%TRADING1.94%
    HEALTHCARE0.73%LONDON1.93%
    TYRES0.58%TRANSPORT1.93%
    CO0.58%DESIGN1.66%
    HEALTH0.58%CONSULTANTS1.64%
    TRANS0.58%ELECTRICAL1.62%
    SWEET0.58%PROPERTIES1.62%
    BUSINESS0.58%BUSINESS1.56%
    BROMWICH0.58%J1.54%
    SECURITY0.44%CO.,1.50%
    LOGISTICS0.44%GLOBAL1.49%
    K0.44%INVESTMENTS1.48%
    MOTORS0.44%ASSOCIATES1.47%
    GS0.44%DEVELOPMENTS1.35%
    MANN0.44%MEDIA1.33%
    SINGH0.44%IT1.31%
    INVESTMENTS0.44%BUILDING1.29%
    G0.44%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied200265,608
    49410 - Freight transport by road3110,842
    86900 - Other human health activities2312,976
    99999 - Dormant Company1548,509
    82990 - Other business support service activities not elsewhere classified1058,068
    56103 - Take-away food shops and mobile food stands108,318
    96090 - Other service activities not elsewhere classified829,009
    88990 - Other social work activities without accommodation not elsewhere classified74,756
    74909 - Other professional, scientific and technical activities not elsewhere classified719,049
    45200 - Maintenance and repair of motor vehicles75,425
    47990 - Other retail sale not in stores, stalls or markets76,452
    62012 - Business and domestic software development69,752
    70229 - Management consultancy activities other than financial management642,290
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating64,167
    43390 - Other building completion and finishing65,931
    32990 - Other manufacturing not elsewhere classified53,533
    86101 - Hospital activities54,366
    68320 - Management of real estate on a fee or contract basis56,010
    43220 - Plumbing, heat and air-conditioning installation55,189
    45112 - Sale of used cars and light motor vehicles53,562

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09291115 MEFIRE SERVICES LTD 03 Nov 2014
    09296514 VALUECHOICE LTD 05 Nov 2014
    09297423 DALES NEWS LTD 05 Nov 2014
    09297788 K&R&S LTD 06 Nov 2014
    09301426 CHEERS TIWANA STORE LIMITED 07 Nov 2014
    09304125 MATILDAH HEALTHCARE LTD 10 Nov 2014
    09311050 ICELLFONEZ LIMITED 14 Nov 2014
    09312608 JUST WINDOWS AND CONSERVATORIES LIMITED 14 Nov 2014
    09315623 BRITFURN LTD 18 Nov 2014
    09316292 ZUB TRADING LIMITED 18 Nov 2014
    09318705 UK GOLF STORE ONLINE LIMITED 19 Nov 2014
    09324285 GB PUBS ( UK ) LIMITED 24 Nov 2014
    09324349 CHIMA & CO LIMITED 24 Nov 2014
    09328235 ATTCORE LTD 26 Nov 2014
    09332826 KRISTAL LIMITED 28 Nov 2014
    09291176 JSD LOGISTICS LIMITED 03 Nov 2014
    09292069 PUJA PLANNER LIMITED 03 Nov 2014
    09293849 DOMELL BUILDERS LTD 04 Nov 2014
    09295177 T. G PEWEX LTD 04 Nov 2014
    09295620 HK CONSTRUCTION SOLUTIONS LIMITED 04 Nov 2014
    09302879 CROSSFIT RUDIS LTD 10 Nov 2014
    09304430 S.D.H SCAFFOLDING SERVICES LIMITED 11 Nov 2014
    09317848 RNB NYANHONGO LIMITED 19 Nov 2014
    09324842 DEV MAAN TRANSPORT LTD 24 Nov 2014
    09327706 UPPAL NEWS & BOOZE LIMITED 26 Nov 2014

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