West Midlands
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in West Midlands when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in West Midlands when compared to any half year in history.
- The first half of 2014 saw a new record in company registrations in West Midlands when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in West Midlands when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in West Midlands when compared to any previous Q2.
- Q2 2014 saw a new record in company registrations in West Midlands when compared to any previous Q2.
- June 2014 saw a new record in company registrations in West Midlands when compared to any previous June.
- May 2014 saw a new record in company registrations in West Midlands when compared to any previous May.
- June 2014 saw a new record in company registrations in West Midlands when compared to any previous June.
- May 2014 saw a new record in company registrations in West Midlands when compared to any previous May.
- The record first half year for female directors in West Midlands was 2014 when 25.8% of all directors were female.
- The record first half year for female directors in West Midlands was 2014 when 25.8% of all directors were female.
- The record second quarter for female directors in West Midlands was in 2014 when 25.6% of all directors were female.
- The record second quarter for female directors in West Midlands was in 2014 when 25.6% of all directors were female.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in West Midlands when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in West Midlands when compared to any half year in history.
The first half of 2014 saw a new record in company registrations in West Midlands when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in West Midlands when compared to any half year in history.
In the first half of 2014 a total of 13,563 companies were formed in West Midlands. This figure is 18.0% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in West Midlands occurred in 2014 when a total of 13,563 were formed.
Half Year (Jan-Jun) West Midlands UK 2014 13,563 300,731 2013 11,497 269,432 % change 18.0% 11.6% Record Year 2014 (13,563) 2014 (300,731) In the first half of 2014 a total of 13,563 companies were formed in West Midlands. This figure is 18.0% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in West Midlands occurred in 2014 when a total of 13,563 were formed.
Half Year (Jan-Jun) West Midlands UK 2014 13,563 300,731 2013 11,497 269,432 % change 18.0% 11.6% Record Year 2014 (13,563) 2014 (300,731) New Companies by Half Year
New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in West Midlands when compared to any previous Q2.
Q2 2014 saw a new record in company registrations in West Midlands when compared to any previous Q2.
A total of 6,803 companies were registered in West Midlands during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 18.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) West Midlands UK 2014 6,803 150,009 2013 5,730 134,630 % change 18.7% 11.4% Record Year 2014 (6,803) 2014 (150,009) New Companies by Quarter
A total of 6,803 companies were registered in West Midlands during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 18.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) West Midlands UK 2014 6,803 150,009 2013 5,730 134,630 % change 18.7% 11.4% Record Year 2014 (6,803) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in West Midlands when compared to any previous June.
May 2014 saw a new record in company registrations in West Midlands when compared to any previous May.
June 2014 saw a new record in company registrations in West Midlands when compared to any previous June.
May 2014 saw a new record in company registrations in West Midlands when compared to any previous May.
New Companies by Month
New Companies by Month
April May June New companies in 2014 2,346 2,267 2,190 New companies in 2013 2,033 1,981 1,716 % change 15.4% 14.4% 27.6% Record Year 2007 (2,349) 2014 (2,267) 2014 (2,190) April May June New companies in 2014 2,346 2,267 2,190 New companies in 2013 2,033 1,981 1,716 % change 15.4% 14.4% 27.6% Record Year 2007 (2,349) 2014 (2,267) 2014 (2,190)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 8,468 companies were dissolved in West Midlands. This figure is 5.8% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in West Midlands occurred in 2009 when a total of 16,613 were closed.
Half Year (Jan-Jun) West Midlands UK 2014 8,468 177,207 2013 8,004 155,192 % change 5.8% 14.2% Record Year 2009 (16,613) 2009 (289,245) In the first half of 2014 a total of 8,468 companies were dissolved in West Midlands. This figure is 5.8% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in West Midlands occurred in 2009 when a total of 16,613 were closed.
Half Year (Jan-Jun) West Midlands UK 2014 8,468 177,207 2013 8,004 155,192 % change 5.8% 14.2% Record Year 2009 (16,613) 2009 (289,245) Dissolved Companies by Half Year
Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 4,642 companies were dissolved in West Midlands during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 13.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) West Midlands UK 2014 4,642 94,837 2013 4,081 77,278 % change 13.7% 22.7% Record Year 2009 (10,863) 2009 (181,179) Dissolved Companies by Quarter
A total of 4,642 companies were dissolved in West Midlands during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 13.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) West Midlands UK 2014 4,642 94,837 2013 4,081 77,278 % change 13.7% 22.7% Record Year 2009 (10,863) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
Dissolved Companies by Month
April May June Closed companies in 2014 1,039 2,192 1,411 Closed companies in 2013 1,518 1,180 1,383 % change -31.6% 85.8% 2% Record Year 2009 (2,413) 2009 (4,753) 2009 (3,697) April May June Closed companies in 2014 1,039 2,192 1,411 Closed companies in 2013 1,518 1,180 1,383 % change -31.6% 85.8% 2% Record Year 2009 (2,413) 2009 (4,753) 2009 (3,697)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for West Midlands increased by 5,095 companies.
Half Year (Jan-Jun) West Midlands UK 2014 5,095 123,524 2013 3,493 114,240 Record Year 2006 (9,383) 2007 (171,296) In the first half of 2014 the company register for West Midlands increased by 5,095 companies.
Half Year (Jan-Jun) West Midlands UK 2014 5,095 123,524 2013 3,493 114,240 Record Year 2006 (9,383) 2007 (171,296) Net Growth by Half Year
Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for West Midlands during the second quarter of 2014 (Apr 2014 - Jun 2014) was 2,161 companies.
second quarter (Apr 2014 - Jun 2014) West Midlands UK 2014 2,161 55,172 2013 1,649 57,352 Record Year 2006 (4,363) 2007 (60,014) Net Growth by Quarter
Net company growth for West Midlands during the second quarter of 2014 (Apr 2014 - Jun 2014) was 2,161 companies.
second quarter (Apr 2014 - Jun 2014) West Midlands UK 2014 2,161 55,172 2013 1,649 57,352 Record Year 2006 (4,363) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
Net Growth by Month
April May June Net growth in 2014 1,307 75 779 Net growth in 2013 515 801 333 Record Year 2007 (1,771) 2006 (1,715) 2008 (1,348) April May June Net growth in 2014 1,307 75 779 Net growth in 2013 515 801 333 Record Year 2007 (1,771) 2006 (1,715) 2008 (1,348)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 West Midlands formed 4.5% of all UK companies. This is more than the 2013 figure of 4.3%.
Half Year (Jan-Jun) West Midlands 2014 4.5% 2013 4.3% 2012 4.3% 2011 4.4% 2010 4.5% Record Year (since 1960) 2006 (6.2%) Company Share by Half Year
In the first half of 2014 West Midlands formed 4.5% of all UK companies. This is more than the 2013 figure of 4.3%.
Half Year (Jan-Jun) West Midlands 2014 4.5% 2013 4.3% 2012 4.3% 2011 4.4% 2010 4.5% Record Year (since 1960) 2006 (6.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, West Midlands formed 4.5% of all UK companies.
second quarter (Apr 2014 - Jun 2014) West Midlands 2014 4.5% 2013 4.3% 2012 4.4% 2011 4.4% 2010 4.5% Record Year (since 1960) 2005 (6.1%) Company Share by Quarter
In the second quarter of 2014, West Midlands formed 4.5% of all UK companies.
second quarter (Apr 2014 - Jun 2014) West Midlands 2014 4.5% 2013 4.3% 2012 4.4% 2011 4.4% 2010 4.5% Record Year (since 1960) 2005 (6.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
Company Share by Month
April May June UK formation share in 2014 4.3% 4.7% 4.6% UK formation share in 2013 4.2% 4.4% 4.2% % change 4.1% 5.6% 10.6% Record Year 2005 (6.0%) 2006 (6.5%) 2006 (6.5%) April May June UK formation share in 2014 4.3% 4.7% 4.6% UK formation share in 2013 4.2% 4.4% 4.2% % change 4.1% 5.6% 10.6% Record Year 2005 (6.0%) 2006 (6.5%) 2006 (6.5%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.8.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.
Director Age by Half Year
The average age of a director in the first half of 2014 was 42.8.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 42.7.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.6%.
Director Age by Quarter
The average age of a director in the second quarter of 2014 was 42.7.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in West Midlands was 2014 when 25.8% of all directors were female.
25.8% of all director appointments in West Midlands in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
The record first half year for female directors in West Midlands was 2014 when 25.8% of all directors were female.
25.8% of all director appointments in West Midlands in the first 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 (Q2 Apr-Jun 2014)
The record second quarter for female directors in West Midlands was in 2014 when 25.6% of all directors were female.
25.6% of all director appointments in West Midlands in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
The record second quarter for female directors in West Midlands was in 2014 when 25.6% of all directors were female.
25.6% of all director appointments in West Midlands in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.47% CONSULTING 5.16% CO., 1.84% MANAGEMENT 4.64% CONSULTING 1.76% CONSULTANCY 3.50% CONSULTANCY 1.70% PROPERTY 2.66% CARE 1.55% TRADING 2.03% TRADING 1.28% ENGINEERING 1.99% PROPERTY 1.21% CONSTRUCTION 1.93% TRANSPORT 1.13% LONDON 1.93% S 1.13% CARE 1.85% J 1.05% DESIGN 1.75% M 0.98% CONSULTANTS 1.73% CONSTRUCTION 0.91% BUSINESS 1.69% BUSINESS 0.88% PROPERTIES 1.63% PROPERTIES 0.87% TRANSPORT 1.58% MIDLANDS 0.83% GLOBAL 1.55% ENGINEERING 0.82% INVESTMENTS 1.55% CONSULTANTS 0.81% J 1.51% GLOBAL 0.81% ASSOCIATES 1.48% BIRMINGHAM 0.77% MEDIA 1.44% R 0.76% ELECTRICAL 1.40% DESIGN 0.75% IT 1.33% D 0.74% DEVELOPMENTS 1.33% ELECTRICAL 0.72% BUILDING 1.26% MEDIA 0.68% M 1.24% HEALTHCARE 0.68% CO., 1.20% word percentage uk word uk percentage MANAGEMENT 2.47% CONSULTING 5.16% CO., 1.85% MANAGEMENT 4.64% CONSULTING 1.77% CONSULTANCY 3.49% CONSULTANCY 1.69% PROPERTY 2.66% CARE 1.55% TRADING 2.03% TRADING 1.28% ENGINEERING 1.99% PROPERTY 1.20% LONDON 1.93% S 1.13% CONSTRUCTION 1.93% TRANSPORT 1.13% CARE 1.85% J 1.05% DESIGN 1.75% M 0.99% CONSULTANTS 1.73% CONSTRUCTION 0.91% BUSINESS 1.69% BUSINESS 0.88% PROPERTIES 1.63% PROPERTIES 0.88% TRANSPORT 1.58% MIDLANDS 0.83% GLOBAL 1.55% ENGINEERING 0.82% INVESTMENTS 1.55% GLOBAL 0.82% J 1.50% CONSULTANTS 0.81% ASSOCIATES 1.48% BIRMINGHAM 0.78% MEDIA 1.44% R 0.76% ELECTRICAL 1.40% D 0.75% IT 1.33% DESIGN 0.74% DEVELOPMENTS 1.33% ELECTRICAL 0.72% BUILDING 1.26% MEDIA 0.69% M 1.23% TRAINING 0.67% CO., 1.20%
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 12,725 261,557 82990 - Other business support service activities not elsewhere classified 2,561 57,421 99999 - Dormant Company 2,081 48,436 70229 - Management consultancy activities other than financial management 1,217 40,250 96090 - Other service activities not elsewhere classified 990 28,352 62020 - Information technology consultancy activities 984 29,029 56103 - Take-away food shops and mobile food stands 948 7,840 49410 - Freight transport by road 666 9,265 86900 - Other human health activities 642 11,292 74909 - Other professional, scientific and technical activities not elsewhere classified 548 19,058 56101 - Licensed restaurants 530 8,585 47910 - Retail sale via mail order houses or via Internet 494 9,900 62090 - Other information technology service activities 450 13,024 74990 - Non-trading company 437 14,351 68209 - Other letting and operating of own or leased real estate 396 10,133 41100 - Development of building projects 351 10,527 62012 - Business and domestic software development 312 9,834 43999 - Other specialised construction activities not elsewhere classified 303 8,533 47990 - Other retail sale not in stores, stalls or markets 295 6,286 85590 - Other education not elsewhere classified 291 6,043 sic code number of companies uk companies None Supplied 12,650 259,495 82990 - Other business support service activities not elsewhere classified 2,579 57,459 99999 - Dormant Company 2,068 48,126 70229 - Management consultancy activities other than financial management 1,223 40,375 96090 - Other service activities not elsewhere classified 993 28,340 62020 - Information technology consultancy activities 983 29,145 56103 - Take-away food shops and mobile food stands 953 7,892 49410 - Freight transport by road 665 9,318 86900 - Other human health activities 649 11,353 74909 - Other professional, scientific and technical activities not elsewhere classified 548 19,026 56101 - Licensed restaurants 529 8,651 47910 - Retail sale via mail order houses or via Internet 496 9,940 62090 - Other information technology service activities 449 13,042 74990 - Non-trading company 424 14,184 68209 - Other letting and operating of own or leased real estate 403 10,262 41100 - Development of building projects 353 10,664 62012 - Business and domestic software development 311 9,875 43999 - Other specialised construction activities not elsewhere classified 302 8,555 85590 - Other education not elsewhere classified 297 6,062 47990 - Other retail sale not in stores, stalls or markets 294 6,296
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08972121 BUSINESS SALES LEADS LTD 02 Apr 2014 08975719 STIRLING ROCK RECRUITMENT LIMITED 03 Apr 2014 08983133 LH (BIRMINGHAM) LIMITED 07 Apr 2014 08986876 KENS (DUDLEY) LIMITED 08 Apr 2014 08988751 JOHN CAREY LIMITED 09 Apr 2014 08990873 SLC (BURY) LIMITED 10 Apr 2014 08997649 UNIQUE CARPETS LIMITED 15 Apr 2014 09001924 TRIDENT PHARMA LIMITED 17 Apr 2014 09010443 J HOLLAND CONSTRUCTION LIMITED 24 Apr 2014 09016789 OPTISPINE PRODUCTS LIMITED 29 Apr 2014 09018545 IZDIHAR LIMITED 30 Apr 2014 08969717 P GRAND CHAMPION LIMITED 01 Apr 2014 08969755 X GRAND CHAMPION LIMITED 01 Apr 2014 08969767 T GRAND CHAMPION LIMITED 01 Apr 2014 08969770 S GRAND CHAMPION LIMITED 01 Apr 2014 08969895 Z GRAND CHAMPION LIMITED 01 Apr 2014 08969959 V GRAND CHAMPION LIMITED 01 Apr 2014 08971793 MARKSIDE LIMITED 01 Apr 2014 08971795 HAWKLINE LIMITED 01 Apr 2014 08984466 WOK BRIDGE LTD 08 Apr 2014 08989665 NEW MING'S LTD 10 Apr 2014 08991747 A HERO LIMITED 10 Apr 2014 08993518 W HERO LIMITED 11 Apr 2014 08993709 X HERO LIMITED 11 Apr 2014 09006175 B COURT LIMITED 23 Apr 2014
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