West Midlands
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in West Midlands when compared to any previous Q3.
- Q3 2014 saw a new record in company registrations in West Midlands when compared to any previous Q3.
- September 2014 saw a new record in company registrations in West Midlands when compared to any previous September.
- July 2014 saw a new record in company registrations in West Midlands when compared to any previous July.
- September 2014 saw a new record in company registrations in West Midlands when compared to any previous September.
- July 2014 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 2014)
Q3 2014 saw a new record in company registrations in West Midlands when compared to any previous Q3.
Q3 2014 saw a new record in company registrations in West Midlands when compared to any previous Q3.
A total of 6,842 companies were registered in West Midlands during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 14.8% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) West Midlands UK 2014 6,842 143,414 2013 5,962 132,684 % change 14.8% 8.1% Record Year 2014 (6,842) 2014 (143,414) New Companies by Quarter
A total of 6,842 companies were registered in West Midlands during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 14.8% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) West Midlands UK 2014 6,842 143,414 2013 5,962 132,684 % change 14.8% 8.1% Record Year 2014 (6,842) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in West Midlands when compared to any previous September.
July 2014 saw a new record in company registrations in West Midlands when compared to any previous July.
September 2014 saw a new record in company registrations in West Midlands when compared to any previous September.
July 2014 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 2014 2,475 2,004 2,363 New companies in 2013 2,174 1,757 2,031 % change 13.8% 14.1% 16.3% Record Year 2014 (2,475) 2006 (2,016) 2014 (2,363) July August September New companies in 2014 2,475 2,004 2,363 New companies in 2013 2,174 1,757 2,031 % change 13.8% 14.1% 16.3% Record Year 2014 (2,475) 2006 (2,016) 2014 (2,363)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 4,805 companies were dissolved in West Midlands during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 10.7% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) West Midlands UK 2014 4,805 101,670 2013 4,340 86,170 % change 10.7% 18.0% Record Year 2009 (6,806) 2009 (159,405) Dissolved Companies by Quarter
A total of 4,805 companies were dissolved in West Midlands during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 10.7% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) West Midlands UK 2014 4,805 101,670 2013 4,340 86,170 % change 10.7% 18.0% Record Year 2009 (6,806) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2014 1,659 1,325 1,821 Closed companies in 2013 1,435 1,103 1,802 % change 15.6% 20.1% 1% Record Year 2009 (1,756) 2008 (2,893) 2009 (3,474) July August September Closed companies in 2014 1,659 1,325 1,821 Closed companies in 2013 1,435 1,103 1,802 % change 15.6% 20.1% 1% Record Year 2009 (1,756) 2008 (2,893) 2009 (3,474)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for West Midlands during the third quarter of 2014 (Jul 2014 - Sep 2014) was 2,037 companies.
third quarter (Jul 2014 - Sep 2014) West Midlands UK 2014 2,037 41,744 2013 1,622 46,514 Record Year 2006 (3,776) 2013 (46,514) Net Growth by Quarter
Net company growth for West Midlands during the third quarter of 2014 (Jul 2014 - Sep 2014) was 2,037 companies.
third quarter (Jul 2014 - Sep 2014) West Midlands UK 2014 2,037 41,744 2013 1,622 46,514 Record Year 2006 (3,776) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2014 816 679 542 Net growth in 2013 739 654 229 Record Year 2008 (1,364) 2006 (1,081) 2006 (1,408) July August September Net growth in 2014 816 679 542 Net growth in 2013 739 654 229 Record Year 2008 (1,364) 2006 (1,081) 2006 (1,408)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, West Midlands formed 4.8% of all UK companies.
third quarter (Jul 2014 - Sep 2014) West Midlands 2014 4.8% 2013 4.5% 2012 4.4% 2011 4.4% 2010 4.4% Record Year (since 1960) 2006 (6.3%) Company Share by Quarter
In the third quarter of 2014, West Midlands formed 4.8% of all UK companies.
third quarter (Jul 2014 - Sep 2014) West Midlands 2014 4.8% 2013 4.5% 2012 4.4% 2011 4.4% 2010 4.4% Record Year (since 1960) 2006 (6.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
Company Share by Month
July August September UK formation share in 2014 4.9% 4.6% 4.8% UK formation share in 2013 4.7% 4.2% 4.5% % change 3.4% 8.7% 6.7% Record Year 2006 (6.5%) 2006 (6.3%) 2005 (6.3%) July August September UK formation share in 2014 4.9% 4.6% 4.8% UK formation share in 2013 4.7% 4.2% 4.5% % change 3.4% 8.7% 6.7% Record Year 2006 (6.5%) 2006 (6.3%) 2005 (6.3%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 41.6.
The percentage of directors under the age of 25 was 2.9% 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 2014 was 41.6.
The percentage of directors under the age of 25 was 2.9% 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 2014)
The record third quarter for female directors in West Midlands was in 2012 when 25.1% of all directors were female.
23.9% of all director appointments in West Midlands in the third quarter of 2014 were female. This compares to a UK average of 26.3% 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.
23.9% of all director appointments in West Midlands in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.50% CONSULTING 5.17% CO., 2.20% MANAGEMENT 4.63% CONSULTANCY 1.76% CONSULTANCY 3.55% CONSULTING 1.75% PROPERTY 2.62% CARE 1.68% ENGINEERING 2.07% TRADING 1.37% CONSTRUCTION 2.05% TRANSPORT 1.29% TRADING 2.00% J 1.17% LONDON 1.95% PROPERTY 1.14% CARE 1.94% S 1.08% TRANSPORT 1.76% CONSTRUCTION 1.03% DESIGN 1.70% M 0.96% CONSULTANTS 1.70% MIDLANDS 0.86% PROPERTIES 1.63% ENGINEERING 0.85% BUSINESS 1.62% BUSINESS 0.84% J 1.53% PROPERTIES 0.83% ELECTRICAL 1.53% ELECTRICAL 0.81% GLOBAL 1.51% GLOBAL 0.79% INVESTMENTS 1.50% CONSULTANTS 0.78% ASSOCIATES 1.48% DESIGN 0.78% MEDIA 1.38% R 0.77% CO., 1.36% D 0.77% DEVELOPMENTS 1.35% BIRMINGHAM 0.74% BUILDING 1.30% HEALTHCARE 0.74% IT 1.30% INTERNATIONAL 0.72% M 1.23% word percentage uk word uk percentage MANAGEMENT 2.49% CONSULTING 5.18% CO., 2.21% MANAGEMENT 4.63% CONSULTANCY 1.76% CONSULTANCY 3.54% CONSULTING 1.75% PROPERTY 2.63% CARE 1.67% ENGINEERING 2.08% TRADING 1.37% CONSTRUCTION 2.05% TRANSPORT 1.30% TRADING 2.01% J 1.17% LONDON 1.95% PROPERTY 1.12% CARE 1.94% S 1.08% TRANSPORT 1.76% CONSTRUCTION 1.03% DESIGN 1.70% M 0.96% CONSULTANTS 1.69% MIDLANDS 0.88% PROPERTIES 1.63% ENGINEERING 0.86% BUSINESS 1.63% PROPERTIES 0.85% ELECTRICAL 1.53% BUSINESS 0.84% J 1.53% ELECTRICAL 0.81% GLOBAL 1.52% GLOBAL 0.79% INVESTMENTS 1.50% CONSULTANTS 0.79% ASSOCIATES 1.48% DESIGN 0.77% MEDIA 1.38% D 0.77% CO., 1.36% R 0.76% DEVELOPMENTS 1.35% BIRMINGHAM 0.74% BUILDING 1.30% HEALTHCARE 0.73% IT 1.30% INTERNATIONAL 0.72% M 1.23%
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 13,599 278,481 82990 - Other business support service activities not elsewhere classified 2,521 57,264 99999 - Dormant Company 2,189 48,286 70229 - Management consultancy activities other than financial management 1,225 40,717 96090 - Other service activities not elsewhere classified 995 28,224 62020 - Information technology consultancy activities 961 29,313 56103 - Take-away food shops and mobile food stands 944 7,917 86900 - Other human health activities 672 11,807 49410 - Freight transport by road 661 9,960 74909 - Other professional, scientific and technical activities not elsewhere classified 551 18,890 56101 - Licensed restaurants 501 8,546 47910 - Retail sale via mail order houses or via Internet 488 9,914 62090 - Other information technology service activities 462 12,795 74990 - Non-trading company 425 14,006 68209 - Other letting and operating of own or leased real estate 412 10,361 41100 - Development of building projects 357 10,604 86210 - General medical practice activities 307 4,406 43999 - Other specialised construction activities not elsewhere classified 300 8,501 62012 - Business and domestic software development 298 9,675 47990 - Other retail sale not in stores, stalls or markets 295 6,327 sic code number of companies uk companies None Supplied 12,904 263,052 82990 - Other business support service activities not elsewhere classified 2,570 58,078 99999 - Dormant Company 2,217 48,811 70229 - Management consultancy activities other than financial management 1,247 41,421 96090 - Other service activities not elsewhere classified 1,014 28,864 62020 - Information technology consultancy activities 976 29,780 56103 - Take-away food shops and mobile food stands 968 8,165 86900 - Other human health activities 686 12,105 49410 - Freight transport by road 674 10,336 74909 - Other professional, scientific and technical activities not elsewhere classified 559 19,117 56101 - Licensed restaurants 510 8,789 47910 - Retail sale via mail order houses or via Internet 498 10,125 62090 - Other information technology service activities 466 12,999 68209 - Other letting and operating of own or leased real estate 426 10,684 74990 - Non-trading company 424 14,053 41100 - Development of building projects 365 10,983 86210 - General medical practice activities 315 4,502 43999 - Other specialised construction activities not elsewhere classified 306 8,701 47990 - Other retail sale not in stores, stalls or markets 305 6,458 62012 - Business and domestic software development 302 9,848
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09117546 WE DO GRAFFITI LIMITED 04 Jul 2014 09131155 AUTOSPORT GARAGE LIMITED 15 Jul 2014 09132279 TASTY LITTLE CRAVINGS CIC 15 Jul 2014 09133835 LEGGE LANE LIMITED 16 Jul 2014 09138768 NEXTACEY LIMITED 21 Jul 2014 09154027 CRYSTAL VALET CENTRE LTD 30 Jul 2014 09109568 C. L. (PORTSMOUTH) LTD 01 Jul 2014 09110365 WESTPINE LIMITED 01 Jul 2014 09110731 D BEST DATA LIMITED 01 Jul 2014 09110778 A BEST DATA LIMITED 01 Jul 2014 09115469 N&E (GB) LIMITED 03 Jul 2014 09116616 H 1268 LIMITED 04 Jul 2014 09123610 AYLECOURT LIMITED 09 Jul 2014 09125458 MAIDHURST LIMITED 10 Jul 2014 09126482 L 1268 LIMITED 11 Jul 2014 09127148 Q 1268 LIMITED 11 Jul 2014 09127217 R 1268 LIMITED 11 Jul 2014 09128407 P BEST DATA LIMITED 14 Jul 2014 09128416 Q BEST DATA LIMITED 14 Jul 2014 09128438 IVYHILL LIMITED 14 Jul 2014 09131772 T 1268 LIMITED 15 Jul 2014 09132489 B RED BOX LIMITED 15 Jul 2014 09132564 E RED BOX LIMITED 15 Jul 2014 09132793 H RED BOX LIMITED 15 Jul 2014 09132943 Q RED BOX LIMITED 16 Jul 2014
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