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
New Company Registrations
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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.
Year West Bromwich UK 2014 391 582,051 2013 321 529,363 2012 256 491,893 2011 241 452,870 2010 229 400,358 Record Year 2014 (391) 2014 (582,051) New Companies by Year
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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 Bromwich UK 2014 203 281,320 2013 162 259,931 % change 25.3% 8.2% Record Year 2014 (203) 2014 (281,320) New Companies by Half Year
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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 Bromwich UK 2014 88 137,906 2013 79 127,247 % change 11.4% 8.4% Record Year 2014 (88) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 30 36 22 New companies in 2013 24 31 24 % change 25.0% 16.1% -8.3% Record Year 2014 (30) 2014 (36) 2013 (24)
Closed Companies (dissolved)
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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.
Year West Bromwich UK 2014 200 367,937 2013 193 332,213 2012 163 293,729 2011 156 314,524 2010 168 342,233 Record Year 2009 (219) 2009 (533,789) Dissolved Companies by Year
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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 Bromwich UK 2014 108 190,730 2013 107 177,021 % change 0.9% 7.7% Record Year 2009 (117) 2009 (244,544) Dissolved Companies by Half Year
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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 Bromwich UK 2014 49 89,060 2013 51 90,851 % change -3.9% -2.0% Record Year 2013 (51) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 14 19 16 Closed companies in 2013 19 16 16 % change -26.3% 18.8% 0% Record Year 2012 (22) 2014 (19) 2009 (19)
Net Company Growth
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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.
Year West Bromwich UK 2014 191 214,114 2013 128 197,150 2012 93 198,164 2011 85 138,346 2010 61 58,125 Record Year 2014 (191) 2007 (237,353) Net Growth by Year
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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 Bromwich UK 2014 95 90,590 2013 55 82,910 Record Year 2014 (95) 2003 (117,772) Net Growth by Half Year
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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 Bromwich UK 2014 39 48,846 2013 28 36,396 Record Year 2014 (39) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2014 16 17 6 Net growth in 2013 5 15 8 Record Year 2014 (16) 2010 (19) 2010 (11)
UK Company Share
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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.
Year West Bromwich 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1993 (0.1%) Company Share by Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.0% 2010 0.1% Record Year (since 1960) 1968 (0.1%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.0% 2010 0.1% Record Year (since 1960) 1993 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.0% 0.1% 0.1% % change 19.0% 10.3% -21.5% Record Year 1971 (0.2%) 1993 (0.1%) 1986 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 2.47% CONSULTING 5.22% BUILDERS 1.16% MANAGEMENT 4.58% TRADING 1.02% CONSULTANCY 3.57% CONSTRUCTION 1.02% PROPERTY 2.66% CARE 1.02% CONSTRUCTION 2.12% SERVICE 0.87% ENGINEERING 2.10% MAINTENANCE 0.73% CARE 2.02% WEST 0.73% TRADING 1.94% HEALTHCARE 0.73% LONDON 1.93% TYRES 0.58% TRANSPORT 1.93% CO 0.58% DESIGN 1.66% HEALTH 0.58% CONSULTANTS 1.64% TRANS 0.58% ELECTRICAL 1.62% SWEET 0.58% PROPERTIES 1.62% BUSINESS 0.58% BUSINESS 1.56% BROMWICH 0.58% J 1.54% SECURITY 0.44% CO., 1.50% LOGISTICS 0.44% GLOBAL 1.49% K 0.44% INVESTMENTS 1.48% MOTORS 0.44% ASSOCIATES 1.47% GS 0.44% DEVELOPMENTS 1.35% MANN 0.44% MEDIA 1.33% SINGH 0.44% IT 1.31% INVESTMENTS 0.44% BUILDING 1.29% G 0.44% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 200 265,608 49410 - Freight transport by road 31 10,842 86900 - Other human health activities 23 12,976 99999 - Dormant Company 15 48,509 82990 - Other business support service activities not elsewhere classified 10 58,068 56103 - Take-away food shops and mobile food stands 10 8,318 96090 - Other service activities not elsewhere classified 8 29,009 88990 - Other social work activities without accommodation not elsewhere classified 7 4,756 74909 - Other professional, scientific and technical activities not elsewhere classified 7 19,049 45200 - Maintenance and repair of motor vehicles 7 5,425 47990 - Other retail sale not in stores, stalls or markets 7 6,452 62012 - Business and domestic software development 6 9,752 70229 - Management consultancy activities other than financial management 6 42,290 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 6 4,167 43390 - Other building completion and finishing 6 5,931 32990 - Other manufacturing not elsewhere classified 5 3,533 86101 - Hospital activities 5 4,366 68320 - Management of real estate on a fee or contract basis 5 6,010 43220 - Plumbing, heat and air-conditioning installation 5 5,189 45112 - Sale of used cars and light motor vehicles 5 3,562
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
reports
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2014
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2013
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2012
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