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West Midlands

Q3 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • July 2013 saw a new record in company registrations in West Midlands when compared to any previous July.
  • July 2013 saw a new record in company registrations in West Midlands when compared to any previous July.

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. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 5,962 companies were registered in West Midlands during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 13.3% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)West MidlandsUK
    20135,962132,684
    20125,262118,868
    % change13.3%11.6%
    Record Year 2006 (6,053) 2013 (132,684)
    New Companies by Quarter

    A total of 5,962 companies were registered in West Midlands during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 13.3% versus the same period last year (Q3 2012). This figure compares equally to the UK as a whole, which saw an increase of 11.6% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)West MidlandsUK
    20135,962132,684
    20125,262118,868
    % change13.3%11.6%
    Record Year 2006 (6,053) 2013 (132,684)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    July 2013 saw a new record in company registrations in West Midlands when compared to any previous July.

    July 2013 saw a new record in company registrations in West Midlands when compared to any previous July.

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 20132,1741,7572,031
    New companies in 20121,7761,6531,833
    % change22.4%6.3%10.8%
    Record Year2013 (2,174)2006 (2,016)2006 (2,046)
    JulyAugustSeptember
    New companies in 20132,1741,7572,031
    New companies in 20121,7761,6531,833
    % change22.4%6.3%10.8%
    Record Year2013 (2,174)2006 (2,016)2006 (2,046)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2013)

    A total of 4,340 companies were dissolved in West Midlands during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 14.4% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)West MidlandsUK
    20134,34086,170
    20123,79375,908
    % change14.4%13.5%
    Record Year 2009 (6,806) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 4,340 companies were dissolved in West Midlands during the third quarter of 2013 (Jul 2013 - Sep 2013).

    This figure is an increase of 14.4% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.

    third quarter (Jul 2013 - Sep 2013)West MidlandsUK
    20134,34086,170
    20123,79375,908
    % change14.4%13.5%
    Record Year 2009 (6,806) 2009 (159,405)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20131,4351,1031,802
    Closed companies in 20121,2291,2981,266
    % change16.8%-15.0%42%
    Record Year2009 (1,756)2008 (2,893)2009 (3,474)
    JulyAugustSeptember
    Closed companies in 20131,4351,1031,802
    Closed companies in 20121,2291,2981,266
    % change16.8%-15.0%42%
    Record Year2009 (1,756)2008 (2,893)2009 (3,474)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2013)

    Net company growth for West Midlands during the third quarter of 2013 (Jul 2013 - Sep 2013) was 1,622 companies.

    third quarter (Jul 2013 - Sep 2013)West MidlandsUK
    20131,62246,514
    20121,46942,960
    Record Year 2006 (3,776) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for West Midlands during the third quarter of 2013 (Jul 2013 - Sep 2013) was 1,622 companies.

    third quarter (Jul 2013 - Sep 2013)West MidlandsUK
    20131,62246,514
    20121,46942,960
    Record Year 2006 (3,776) 2013 (46,514)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2013739654229
    Net growth in 2012547355567
    Record Year2008 (1,364)2006 (1,081)2006 (1,408)
    JulyAugustSeptember
    Net growth in 2013739654229
    Net growth in 2012547355567
    Record Year2008 (1,364)2006 (1,081)2006 (1,408)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2013)

    In the third quarter of 2013, West Midlands formed 4.5% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)West Midlands
    20134.5%
    20124.4%
    20114.4%
    20104.4%
    20094.5%
    Record Year (since 1960) 2006 (6.3%)
    Company Share by Quarter

    In the third quarter of 2013, West Midlands formed 4.5% of all UK companies.

    third quarter (Jul 2013 - Sep 2013)West Midlands
    20134.5%
    20124.4%
    20114.4%
    20104.4%
    20094.5%
    Record Year (since 1960) 2006 (6.3%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20134.7%4.2%4.5%
    UK formation share in 20124.3%4.3%4.7%
    % change9.6%-2.5%-2.8%
    Record Year2006 (6.5%)2006 (6.3%)2005 (6.3%)
    JulyAugustSeptember
    UK formation share in 20134.7%4.2%4.5%
    UK formation share in 20124.3%4.3%4.7%
    % change9.6%-2.5%-2.8%
    Record Year2006 (6.5%)2006 (6.3%)2005 (6.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The average age of a director in the third quarter of 2013 was 42.0.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2013 was 42.0.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2013)

    The record third quarter for female directors in West Midlands was in 2012 when 25.1% of all directors were female.

    22.8% of all director appointments in West Midlands in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in West Midlands was in 2012 when 25.1% of all directors were female.

    22.8% of all director appointments in West Midlands in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2012-Sep 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.58%CONSULTING5.27%
    CONSULTING1.77%MANAGEMENT4.75%
    CONSULTANCY1.64%CONSULTANCY3.45%
    CARE1.39%PROPERTY2.53%
    PROPERTY1.33%TRADING2.08%
    TRADING1.28%ENGINEERING1.83%
    S1.07%LONDON1.79%
    M1.00%DESIGN1.78%
    J0.98%BUSINESS1.74%
    GLOBAL0.89%CONSTRUCTION1.70%
    BUSINESS0.85%CONSULTANTS1.69%
    TRANSPORT0.84%CARE1.64%
    CO.,0.84%ASSOCIATES1.61%
    ASSOCIATES0.83%GLOBAL1.59%
    DESIGN0.83%J1.54%
    PROPERTIES0.83%MEDIA1.54%
    CONSTRUCTION0.82%INVESTMENTS1.53%
    MIDLANDS0.82%PROPERTIES1.45%
    R0.81%IT1.39%
    ENGINEERING0.80%M1.25%
    BIRMINGHAM0.77%ELECTRICAL1.20%
    CONSULTANTS0.75%BUILDING1.19%
    (MIDLANDS)0.73%CAPITAL1.19%
    D0.72%DEVELOPMENTS1.16%
    INVESTMENTS0.70%TRAINING1.15%
    wordpercentageuk worduk percentage
    MANAGEMENT2.57%CONSULTING5.28%
    CONSULTING1.77%MANAGEMENT4.76%
    CONSULTANCY1.63%CONSULTANCY3.46%
    CARE1.39%PROPERTY2.54%
    PROPERTY1.33%TRADING2.08%
    TRADING1.28%ENGINEERING1.84%
    S1.07%LONDON1.79%
    M1.00%DESIGN1.78%
    J0.98%BUSINESS1.74%
    GLOBAL0.89%CONSTRUCTION1.70%
    BUSINESS0.86%CONSULTANTS1.69%
    TRANSPORT0.84%CARE1.64%
    CO.,0.84%ASSOCIATES1.61%
    DESIGN0.84%GLOBAL1.60%
    ASSOCIATES0.83%J1.54%
    PROPERTIES0.83%MEDIA1.53%
    MIDLANDS0.83%INVESTMENTS1.53%
    CONSTRUCTION0.81%PROPERTIES1.45%
    ENGINEERING0.81%IT1.39%
    R0.80%M1.25%
    BIRMINGHAM0.77%BUILDING1.20%
    CONSULTANTS0.75%CAPITAL1.20%
    D0.73%ELECTRICAL1.19%
    (MIDLANDS)0.72%DEVELOPMENTS1.17%
    INVESTMENTS0.71%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied12,468260,135
    82990 - Other business support service activities not elsewhere classified2,70354,854
    99999 - Dormant Company1,85246,169
    70229 - Management consultancy activities other than financial management1,06934,970
    62020 - Information technology consultancy activities99926,675
    96090 - Other service activities not elsewhere classified88125,547
    56103 - Take-away food shops and mobile food stands8646,651
    49410 - Freight transport by road5536,904
    74909 - Other professional, scientific and technical activities not elsewhere classified54117,715
    86900 - Other human health activities4999,203
    74990 - Non-trading company48514,228
    62090 - Other information technology service activities45512,516
    56101 - Licensed restaurants4447,531
    47910 - Retail sale via mail order houses or via Internet4398,475
    68209 - Other letting and operating of own or leased real estate3328,312
    86210 - General medical practice activities2953,922
    41100 - Development of building projects2959,271
    62012 - Business and domestic software development2899,104
    45200 - Maintenance and repair of motor vehicles2844,955
    85590 - Other education not elsewhere classified2805,576
    sic codenumber of companiesuk companies
    None Supplied11,744244,464
    82990 - Other business support service activities not elsewhere classified2,73455,676
    99999 - Dormant Company1,91147,068
    70229 - Management consultancy activities other than financial management1,08835,731
    62020 - Information technology consultancy activities1,01727,242
    96090 - Other service activities not elsewhere classified90926,207
    56103 - Take-away food shops and mobile food stands8816,882
    49410 - Freight transport by road5657,171
    74909 - Other professional, scientific and technical activities not elsewhere classified54418,024
    86900 - Other human health activities5149,453
    74990 - Non-trading company49314,457
    62090 - Other information technology service activities46312,748
    56101 - Licensed restaurants4627,772
    47910 - Retail sale via mail order houses or via Internet4608,691
    68209 - Other letting and operating of own or leased real estate3408,541
    86210 - General medical practice activities3074,015
    41100 - Development of building projects3079,527
    62012 - Business and domestic software development2969,285
    45200 - Maintenance and repair of motor vehicles2885,065
    85590 - Other education not elsewhere classified2875,696

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08673989 365 VOICE & DATA LTD 03 Sep 2013
    08674035 UA & MK TRADING LIMITED 03 Sep 2013
    08680727 XYZ 2013 LIMITED 06 Sep 2013
    08683340 AIVYAN LIMITED 10 Sep 2013
    08684792 CITY ONE ACCOUNTANCY LIMITED 10 Sep 2013
    08696715 CHINO MEDICAL SERVICES LTD 19 Sep 2013
    08699886 THE HARLEY STREET PSYCHIATRISTS LIMITED 20 Sep 2013
    08700568 PAYAL UK LTD 20 Sep 2013
    08707702 JPD CREATIVE LIMITED 26 Sep 2013
    08672409 MEADOWELL LTD 02 Sep 2013
    08677577 B 7168 LIMITED 05 Sep 2013
    08677676 D 7168 LIMITED 05 Sep 2013
    08678070 G 7168 LIMITED 05 Sep 2013
    08678095 J 7168 LIMITED 05 Sep 2013
    08678398 V 7168 LIMITED 05 Sep 2013
    08678430 STONEWICK LTD 05 Sep 2013
    08678472 ROPESTEAD LTD 05 Sep 2013
    08680103 J 8078 LIMITED 06 Sep 2013
    08688495 YNK MOTORS LIMITED 12 Sep 2013
    08689669 THE LIVINGSTONE FOUNDATION ACADEMIES TRUST 13 Sep 2013
    08695955 LUCY (UK) LIMITED 18 Sep 2013
    08699547 HURST STREET (GB) LIMITED 20 Sep 2013
    08703829 TULLOW STEEL LIMITED 24 Sep 2013
    08703848 SAS-THERMAL LIMITED 24 Sep 2013
    08671573 FRANKFURT CHRISTMAS MARKET LTD 02 Sep 2013

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