West Midlands
Q1 2014 Business Confidence Report
Headlines
- February 2014 saw a new record in company registrations in West Midlands when compared to any previous February.
- January 2014 saw a new record in company registrations in West Midlands when compared to any previous January.
- February 2014 saw a new record in company registrations in West Midlands when compared to any previous February.
- January 2014 saw a new record in company registrations in West Midlands when compared to any previous January.
- February 2014 saw a new record in company registrations in West Midlands when compared to any previous February.
- January 2014 saw a new record in company registrations in West Midlands when compared to any previous January.
- The record first quarter for female directors in West Midlands was in 2014 when 25.9% of all directors were female.
- The record first quarter for female directors in West Midlands was in 2014 when 25.9% of all directors were female.
- The record first quarter for female directors in West Midlands was in 2014 when 25.9% of all directors were female.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 6,760 companies were registered in West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 17.2% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 6,760 150,722 2013 5,767 134,802 % change 17.2% 11.8% Record Year 2006 (6,874) 2007 (166,814) New Companies by Quarter
A total of 6,760 companies were registered in West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 17.2% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 6,760 150,722 2013 5,767 134,802 % change 17.2% 11.8% Record Year 2006 (6,874) 2007 (166,814) New Companies by Quarter
A total of 6,760 companies were registered in West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 17.2% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 6,760 150,722 2013 5,767 134,802 % change 17.2% 11.8% Record Year 2006 (6,874) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in West Midlands when compared to any previous February.
January 2014 saw a new record in company registrations in West Midlands when compared to any previous January.
February 2014 saw a new record in company registrations in West Midlands when compared to any previous February.
January 2014 saw a new record in company registrations in West Midlands when compared to any previous January.
February 2014 saw a new record in company registrations in West Midlands when compared to any previous February.
January 2014 saw a new record in company registrations in West Midlands when compared to any previous January.
New Companies by Month
New Companies by Month
New Companies by Month
January February March New companies in 2014 2,204 2,114 2,442 New companies in 2013 1,903 1,849 2,015 % change 15.8% 14.3% 21.2% Record Year 2014 (2,204) 2014 (2,114) 2007 (2,850) January February March New companies in 2014 2,204 2,114 2,442 New companies in 2013 1,903 1,849 2,015 % change 15.8% 14.3% 21.2% Record Year 2014 (2,204) 2014 (2,114) 2007 (2,850) January February March New companies in 2014 2,204 2,114 2,442 New companies in 2013 1,903 1,849 2,015 % change 15.8% 14.3% 21.2% Record Year 2014 (2,204) 2014 (2,114) 2007 (2,850)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 3,826 companies were dissolved in West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.5% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 3,826 82,370 2013 3,923 77,914 % change -2.5% 5.7% Record Year 2009 (5,750) 2009 (108,066) Dissolved Companies by Quarter
A total of 3,826 companies were dissolved in West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.5% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 3,826 82,370 2013 3,923 77,914 % change -2.5% 5.7% Record Year 2009 (5,750) 2009 (108,066) Dissolved Companies by Quarter
A total of 3,826 companies were dissolved in West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 2.5% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 3,826 82,370 2013 3,923 77,914 % change -2.5% 5.7% Record Year 2009 (5,750) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
Dissolved Companies by Month
Dissolved Companies by Month
January February March Closed companies in 2014 1,254 1,335 1,237 Closed companies in 2013 1,650 1,136 1,137 % change -24.0% 17.5% 9% Record Year 2011 (2,209) 2011 (1,452) 2009 (3,565) January February March Closed companies in 2014 1,254 1,335 1,237 Closed companies in 2013 1,650 1,136 1,137 % change -24.0% 17.5% 9% Record Year 2011 (2,209) 2011 (1,452) 2009 (3,565) January February March Closed companies in 2014 1,254 1,335 1,237 Closed companies in 2013 1,650 1,136 1,137 % change -24.0% 17.5% 9% Record Year 2011 (2,209) 2011 (1,452) 2009 (3,565)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014) was 2,934 companies.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 2,934 68,352 2013 1,844 56,888 Record Year 2006 (5,020) 2007 (111,282) Net Growth by Quarter
Net company growth for West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014) was 2,934 companies.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 2,934 68,352 2013 1,844 56,888 Record Year 2006 (5,020) 2007 (111,282) Net Growth by Quarter
Net company growth for West Midlands during the first quarter of 2014 (Jan 2014 - Mar 2014) was 2,934 companies.
first quarter (Jan 2014 - Mar 2014) West Midlands UK 2014 2,934 68,352 2013 1,844 56,888 Record Year 2006 (5,020) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
Net Growth by Month
Net Growth by Month
January February March Net growth in 2014 950 779 1,205 Net growth in 2013 253 713 878 Record Year 2006 (1,375) 2006 (1,545) 2006 (2,100) January February March Net growth in 2014 950 779 1,205 Net growth in 2013 253 713 878 Record Year 2006 (1,375) 2006 (1,545) 2006 (2,100) January February March Net growth in 2014 950 779 1,205 Net growth in 2013 253 713 878 Record Year 2006 (1,375) 2006 (1,545) 2006 (2,100)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, West Midlands formed 4.5% of all UK companies.
first quarter (Jan 2014 - Mar 2014) West Midlands 2014 4.5% 2013 4.3% 2012 4.3% 2011 4.3% 2010 4.5% Record Year (since 1960) 2006 (6.3%) Company Share by Quarter
In the first quarter of 2014, West Midlands formed 4.5% of all UK companies.
first quarter (Jan 2014 - Mar 2014) West Midlands 2014 4.5% 2013 4.3% 2012 4.3% 2011 4.3% 2010 4.5% Record Year (since 1960) 2006 (6.3%) Company Share by Quarter
In the first quarter of 2014, West Midlands formed 4.5% of all UK companies.
first quarter (Jan 2014 - Mar 2014) West Midlands 2014 4.5% 2013 4.3% 2012 4.3% 2011 4.3% 2010 4.5% Record Year (since 1960) 2006 (6.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
Company Share by Month
Company Share by Month
January February March UK formation share in 2014 4.7% 4.4% 4.4% UK formation share in 2013 4.3% 4.2% 4.3% % change 8.4% 5.6% 1.1% Record Year 2006 (6.6%) 2006 (6.2%) 2006 (6.2%) January February March UK formation share in 2014 4.7% 4.4% 4.4% UK formation share in 2013 4.3% 4.2% 4.3% % change 8.4% 5.6% 1.1% Record Year 2006 (6.6%) 2006 (6.2%) 2006 (6.2%) January February March UK formation share in 2014 4.7% 4.4% 4.4% UK formation share in 2013 4.3% 4.2% 4.3% % change 8.4% 5.6% 1.1% Record Year 2006 (6.6%) 2006 (6.2%) 2006 (6.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 42.9.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Quarter
The average age of a director in the first quarter of 2014 was 42.9.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Quarter
The average age of a director in the first quarter of 2014 was 42.9.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in West Midlands was in 2014 when 25.9% of all directors were female.
25.9% of all director appointments in West Midlands in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
The record first quarter for female directors in West Midlands was in 2014 when 25.9% of all directors were female.
25.9% of all director appointments in West Midlands in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
The record first quarter for female directors in West Midlands was in 2014 when 25.9% of all directors were female.
25.9% of all director appointments in West Midlands in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.41% CONSULTING 5.22% CONSULTING 1.81% MANAGEMENT 4.67% CONSULTANCY 1.62% CONSULTANCY 3.49% CARE 1.50% PROPERTY 2.64% CO., 1.40% TRADING 2.05% TRADING 1.19% LONDON 1.88% PROPERTY 1.19% ENGINEERING 1.86% S 1.09% CARE 1.79% J 1.00% CONSTRUCTION 1.75% M 0.99% DESIGN 1.75% TRANSPORT 0.98% CONSULTANTS 1.73% BUSINESS 0.88% BUSINESS 1.71% BIRMINGHAM 0.86% PROPERTIES 1.60% PROPERTIES 0.85% INVESTMENTS 1.60% GLOBAL 0.82% GLOBAL 1.58% MIDLANDS 0.81% J 1.48% CONSULTANTS 0.81% ASSOCIATES 1.48% R 0.78% MEDIA 1.48% CONSTRUCTION 0.77% IT 1.33% DESIGN 0.74% TRANSPORT 1.30% ENGINEERING 0.74% DEVELOPMENTS 1.29% D 0.72% BUILDING 1.24% MEDIA 0.71% M 1.21% LOGISTICS 0.68% CAPITAL 1.20% INVESTMENTS 0.67% ELECTRICAL 1.19% word percentage uk word uk percentage MANAGEMENT 2.41% CONSULTING 5.23% CONSULTING 1.82% MANAGEMENT 4.69% CONSULTANCY 1.62% CONSULTANCY 3.49% CARE 1.51% PROPERTY 2.64% CO., 1.40% TRADING 2.05% TRADING 1.22% LONDON 1.90% PROPERTY 1.20% ENGINEERING 1.87% S 1.09% CARE 1.80% J 1.00% CONSTRUCTION 1.76% M 0.99% DESIGN 1.75% TRANSPORT 0.98% CONSULTANTS 1.73% BUSINESS 0.89% BUSINESS 1.71% BIRMINGHAM 0.86% PROPERTIES 1.60% PROPERTIES 0.84% INVESTMENTS 1.60% GLOBAL 0.83% GLOBAL 1.59% MIDLANDS 0.81% MEDIA 1.49% CONSULTANTS 0.81% J 1.49% R 0.78% ASSOCIATES 1.48% CONSTRUCTION 0.76% IT 1.34% ENGINEERING 0.74% TRANSPORT 1.30% DESIGN 0.74% DEVELOPMENTS 1.29% D 0.72% BUILDING 1.24% MEDIA 0.72% CAPITAL 1.21% LOGISTICS 0.68% M 1.21% HEALTHCARE 0.67% ELECTRICAL 1.19% word percentage uk word uk percentage MANAGEMENT 2.42% CONSULTING 5.23% CONSULTING 1.82% MANAGEMENT 4.69% CONSULTANCY 1.62% CONSULTANCY 3.49% CARE 1.51% PROPERTY 2.64% CO., 1.41% TRADING 2.04% TRADING 1.20% LONDON 1.90% PROPERTY 1.20% ENGINEERING 1.87% S 1.10% CARE 1.80% J 1.00% CONSTRUCTION 1.77% M 0.99% DESIGN 1.75% TRANSPORT 0.98% CONSULTANTS 1.73% BUSINESS 0.89% BUSINESS 1.71% BIRMINGHAM 0.86% PROPERTIES 1.60% PROPERTIES 0.85% INVESTMENTS 1.59% GLOBAL 0.83% GLOBAL 1.59% MIDLANDS 0.81% MEDIA 1.49% CONSULTANTS 0.81% J 1.48% R 0.77% ASSOCIATES 1.48% CONSTRUCTION 0.77% IT 1.34% ENGINEERING 0.75% TRANSPORT 1.30% DESIGN 0.73% DEVELOPMENTS 1.29% D 0.73% BUILDING 1.24% MEDIA 0.72% CAPITAL 1.21% LOGISTICS 0.67% M 1.20% INVESTMENTS 0.67% ELECTRICAL 1.19%
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 13,560 280,210 82990 - Other business support service activities not elsewhere classified 2,656 56,411 99999 - Dormant Company 1,922 47,084 70229 - Management consultancy activities other than financial management 1,142 37,882 62020 - Information technology consultancy activities 983 27,750 96090 - Other service activities not elsewhere classified 921 26,700 56103 - Take-away food shops and mobile food stands 916 7,300 49410 - Freight transport by road 612 8,014 86900 - Other human health activities 551 10,273 74909 - Other professional, scientific and technical activities not elsewhere classified 538 18,491 56101 - Licensed restaurants 497 7,965 47910 - Retail sale via mail order houses or via Internet 478 9,358 74990 - Non-trading company 453 14,135 62090 - Other information technology service activities 452 12,813 68209 - Other letting and operating of own or leased real estate 359 9,284 41100 - Development of building projects 341 9,855 62012 - Business and domestic software development 304 9,509 85590 - Other education not elsewhere classified 287 5,876 86210 - General medical practice activities 285 3,987 69201 - Accounting and auditing activities 283 7,313 sic code number of companies uk companies None Supplied 12,404 254,725 82990 - Other business support service activities not elsewhere classified 2,706 57,654 99999 - Dormant Company 1,967 48,100 70229 - Management consultancy activities other than financial management 1,183 39,157 62020 - Information technology consultancy activities 999 28,692 96090 - Other service activities not elsewhere classified 961 27,652 56103 - Take-away food shops and mobile food stands 955 7,657 49410 - Freight transport by road 632 8,584 86900 - Other human health activities 588 10,681 74909 - Other professional, scientific and technical activities not elsewhere classified 557 19,018 56101 - Licensed restaurants 518 8,352 47910 - Retail sale via mail order houses or via Internet 493 9,673 62090 - Other information technology service activities 460 13,149 74990 - Non-trading company 450 14,336 68209 - Other letting and operating of own or leased real estate 385 9,713 41100 - Development of building projects 353 10,295 62012 - Business and domestic software development 313 9,818 43999 - Other specialised construction activities not elsewhere classified 305 8,495 47990 - Other retail sale not in stores, stalls or markets 300 6,203 85590 - Other education not elsewhere classified 298 6,057 sic code number of companies uk companies None Supplied 12,394 254,441 82990 - Other business support service activities not elsewhere classified 2,719 57,543 99999 - Dormant Company 1,942 47,692 70229 - Management consultancy activities other than financial management 1,187 39,242 62020 - Information technology consultancy activities 999 28,770 96090 - Other service activities not elsewhere classified 961 27,543 56103 - Take-away food shops and mobile food stands 957 7,668 49410 - Freight transport by road 630 8,608 86900 - Other human health activities 592 10,715 74909 - Other professional, scientific and technical activities not elsewhere classified 557 18,956 56101 - Licensed restaurants 516 8,390 47910 - Retail sale via mail order houses or via Internet 494 9,695 62090 - Other information technology service activities 458 13,145 74990 - Non-trading company 437 14,142 68209 - Other letting and operating of own or leased real estate 391 9,832 41100 - Development of building projects 355 10,399 62012 - Business and domestic software development 311 9,838 43999 - Other specialised construction activities not elsewhere classified 303 8,503 85590 - Other education not elsewhere classified 302 6,068 47990 - Other retail sale not in stores, stalls or markets 300 6,198
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08829754 DKJI WEBPROS LIMITED 02 Jan 2014 08831195 LEGACY MARKETING LIMITED 03 Jan 2014 08840933 GLOBAL-TRADE IN LTD 10 Jan 2014 08841098 TAN IMPORT & EXPORT LIMITED 10 Jan 2014 08843836 SPICE REPUBLIC LTD 14 Jan 2014 08847217 AJJAM LTD 16 Jan 2014 08854053 TAAKS (UK) LTD 21 Jan 2014 08856092 SOURCE BUSINESS AND MARKETING LTD 22 Jan 2014 08857255 SKYLINE BUSINESS MARKETING LTD 23 Jan 2014 08862700 SAJIDBEDDING LTD 27 Jan 2014 08836614 B (3018) LIMITED 08 Jan 2014 08836617 D (3018) LIMITED 08 Jan 2014 08837714 TFC PROPERTY MANAGEMENT LIMITED 09 Jan 2014 08837744 H (3018) LIMITED 09 Jan 2014 08842119 FINSURE LIMITED 13 Jan 2014 08844664 DREAM WAYS (GB) LIMITED 14 Jan 2014 08844690 W (3018) LIMITED 14 Jan 2014 08844707 Y (3018) LIMITED 14 Jan 2014 08848478 STF (90) LIMITED 16 Jan 2014 08853161 ISW PROPERTY MANAGEMENT LIMITED 20 Jan 2014 08854941 DAVID (20) LIMITED 21 Jan 2014 08855326 KEN (20) LIMITED 21 Jan 2014 08855366 OLLY (20) LIMITED 22 Jan 2014 08856718 ZEN (20) LIMITED 22 Jan 2014 08858907 HOME OF FAST FOOD LIMITED 23 Jan 2014
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