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
New Company Registrations
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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 Midlands UK 2013 5,962 132,684 2012 5,262 118,868 % change 13.3% 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 Midlands UK 2013 5,962 132,684 2012 5,262 118,868 % change 13.3% 11.6% Record Year 2006 (6,053) 2013 (132,684) New Companies by Quarter
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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
July August September New companies in 2013 2,174 1,757 2,031 New companies in 2012 1,776 1,653 1,833 % change 22.4% 6.3% 10.8% Record Year 2013 (2,174) 2006 (2,016) 2006 (2,046) July August September New companies in 2013 2,174 1,757 2,031 New companies in 2012 1,776 1,653 1,833 % change 22.4% 6.3% 10.8% Record Year 2013 (2,174) 2006 (2,016) 2006 (2,046)
Closed Companies (dissolved)
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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 Midlands UK 2013 4,340 86,170 2012 3,793 75,908 % change 14.4% 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 Midlands UK 2013 4,340 86,170 2012 3,793 75,908 % change 14.4% 13.5% Record Year 2009 (6,806) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2013 1,435 1,103 1,802 Closed companies in 2012 1,229 1,298 1,266 % change 16.8% -15.0% 42% Record Year 2009 (1,756) 2008 (2,893) 2009 (3,474) July August September Closed companies in 2013 1,435 1,103 1,802 Closed companies in 2012 1,229 1,298 1,266 % change 16.8% -15.0% 42% Record Year 2009 (1,756) 2008 (2,893) 2009 (3,474)
Net Company Growth
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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 Midlands UK 2013 1,622 46,514 2012 1,469 42,960 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 Midlands UK 2013 1,622 46,514 2012 1,469 42,960 Record Year 2006 (3,776) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2013 739 654 229 Net growth in 2012 547 355 567 Record Year 2008 (1,364) 2006 (1,081) 2006 (1,408) July August September Net growth in 2013 739 654 229 Net growth in 2012 547 355 567 Record Year 2008 (1,364) 2006 (1,081) 2006 (1,408)
UK Company Share
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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 2013 4.5% 2012 4.4% 2011 4.4% 2010 4.4% 2009 4.5% 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 2013 4.5% 2012 4.4% 2011 4.4% 2010 4.4% 2009 4.5% Record Year (since 1960) 2006 (6.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
Company Share by Month
July August September UK formation share in 2013 4.7% 4.2% 4.5% UK formation share in 2012 4.3% 4.3% 4.7% % change 9.6% -2.5% -2.8% Record Year 2006 (6.5%) 2006 (6.3%) 2005 (6.3%) July August September UK formation share in 2013 4.7% 4.2% 4.5% UK formation share in 2012 4.3% 4.3% 4.7% % change 9.6% -2.5% -2.8% Record Year 2006 (6.5%) 2006 (6.3%) 2005 (6.3%)
Director Age
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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
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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
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.58% CONSULTING 5.27% CONSULTING 1.77% MANAGEMENT 4.75% CONSULTANCY 1.64% CONSULTANCY 3.45% CARE 1.39% PROPERTY 2.53% PROPERTY 1.33% TRADING 2.08% TRADING 1.28% ENGINEERING 1.83% S 1.07% LONDON 1.79% M 1.00% DESIGN 1.78% J 0.98% BUSINESS 1.74% GLOBAL 0.89% CONSTRUCTION 1.70% BUSINESS 0.85% CONSULTANTS 1.69% TRANSPORT 0.84% CARE 1.64% CO., 0.84% ASSOCIATES 1.61% ASSOCIATES 0.83% GLOBAL 1.59% DESIGN 0.83% J 1.54% PROPERTIES 0.83% MEDIA 1.54% CONSTRUCTION 0.82% INVESTMENTS 1.53% MIDLANDS 0.82% PROPERTIES 1.45% R 0.81% IT 1.39% ENGINEERING 0.80% M 1.25% BIRMINGHAM 0.77% ELECTRICAL 1.20% CONSULTANTS 0.75% BUILDING 1.19% (MIDLANDS) 0.73% CAPITAL 1.19% D 0.72% DEVELOPMENTS 1.16% INVESTMENTS 0.70% TRAINING 1.15% word percentage uk word uk percentage MANAGEMENT 2.57% CONSULTING 5.28% CONSULTING 1.77% MANAGEMENT 4.76% CONSULTANCY 1.63% CONSULTANCY 3.46% CARE 1.39% PROPERTY 2.54% PROPERTY 1.33% TRADING 2.08% TRADING 1.28% ENGINEERING 1.84% S 1.07% LONDON 1.79% M 1.00% DESIGN 1.78% J 0.98% BUSINESS 1.74% GLOBAL 0.89% CONSTRUCTION 1.70% BUSINESS 0.86% CONSULTANTS 1.69% TRANSPORT 0.84% CARE 1.64% CO., 0.84% ASSOCIATES 1.61% DESIGN 0.84% GLOBAL 1.60% ASSOCIATES 0.83% J 1.54% PROPERTIES 0.83% MEDIA 1.53% MIDLANDS 0.83% INVESTMENTS 1.53% CONSTRUCTION 0.81% PROPERTIES 1.45% ENGINEERING 0.81% IT 1.39% R 0.80% M 1.25% BIRMINGHAM 0.77% BUILDING 1.20% CONSULTANTS 0.75% CAPITAL 1.20% D 0.73% ELECTRICAL 1.19% (MIDLANDS) 0.72% DEVELOPMENTS 1.17% INVESTMENTS 0.71% TRAINING 1.16%
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 12,468 260,135 82990 - Other business support service activities not elsewhere classified 2,703 54,854 99999 - Dormant Company 1,852 46,169 70229 - Management consultancy activities other than financial management 1,069 34,970 62020 - Information technology consultancy activities 999 26,675 96090 - Other service activities not elsewhere classified 881 25,547 56103 - Take-away food shops and mobile food stands 864 6,651 49410 - Freight transport by road 553 6,904 74909 - Other professional, scientific and technical activities not elsewhere classified 541 17,715 86900 - Other human health activities 499 9,203 74990 - Non-trading company 485 14,228 62090 - Other information technology service activities 455 12,516 56101 - Licensed restaurants 444 7,531 47910 - Retail sale via mail order houses or via Internet 439 8,475 68209 - Other letting and operating of own or leased real estate 332 8,312 86210 - General medical practice activities 295 3,922 41100 - Development of building projects 295 9,271 62012 - Business and domestic software development 289 9,104 45200 - Maintenance and repair of motor vehicles 284 4,955 85590 - Other education not elsewhere classified 280 5,576 sic code number of companies uk companies None Supplied 11,744 244,464 82990 - Other business support service activities not elsewhere classified 2,734 55,676 99999 - Dormant Company 1,911 47,068 70229 - Management consultancy activities other than financial management 1,088 35,731 62020 - Information technology consultancy activities 1,017 27,242 96090 - Other service activities not elsewhere classified 909 26,207 56103 - Take-away food shops and mobile food stands 881 6,882 49410 - Freight transport by road 565 7,171 74909 - Other professional, scientific and technical activities not elsewhere classified 544 18,024 86900 - Other human health activities 514 9,453 74990 - Non-trading company 493 14,457 62090 - Other information technology service activities 463 12,748 56101 - Licensed restaurants 462 7,772 47910 - Retail sale via mail order houses or via Internet 460 8,691 68209 - Other letting and operating of own or leased real estate 340 8,541 86210 - General medical practice activities 307 4,015 41100 - Development of building projects 307 9,527 62012 - Business and domestic software development 296 9,285 45200 - Maintenance and repair of motor vehicles 288 5,065 85590 - Other education not elsewhere classified 287 5,696
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08595705 ELEGANT SHOWERS LTD 03 Jul 2013 08600908 NUMEDIA DESIGN LIMITED 08 Jul 2013 08604721 YING HUA INTERNATIONAL LTD 10 Jul 2013 08610445 COOPERS COURT (CHELTENHAM) MANAGEMENT COMPANY LIMITED 15 Jul 2013 08610551 WTMR GLOBAL LTD 15 Jul 2013 08610949 I5 RISK LIMITED 16 Jul 2013 08619372 FU BUSINESS SOLUTIONS CONSULTING LTD 22 Jul 2013 08620450 GENESIS HNS LIMITED 23 Jul 2013 08624801 QUICK2CATER LTD 25 Jul 2013 08628713 CAPTUR3 LTD 29 Jul 2013 08629897 NORTH LBS LIMITED 30 Jul 2013 08631604 THE CURZON INITIATIVE LIMITED 31 Jul 2013 08591496 L 357 LIMITED 01 Jul 2013 08591509 A 357 LIMITED 01 Jul 2013 08591600 S 357 LIMITED 01 Jul 2013 08591646 T 357 LIMITED 01 Jul 2013 08592059 Q 357 LIMITED 01 Jul 2013 08595721 N L T (MANAGEMENT) LIMITED 03 Jul 2013 08601504 WHITECROFT SERVICES LTD 08 Jul 2013 08611140 HALAL ZAKAT LTD 16 Jul 2013 08619521 HJ PROPERTY SERVICES LIMITED 22 Jul 2013 08626472 C 2398 LIMITED 26 Jul 2013 08626519 J 2398 LIMITED 26 Jul 2013 08626565 L 2398 LIMITED 26 Jul 2013 08626628 Q 2398 LIMITED 26 Jul 2013
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