Wolverhampton, West Midlands
2013 Annual 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
- 2013 was a record year for company registrations in Wolverhampton when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Wolverhampton when compared to any previous second half year.
- The second half of 2013 was a record second half year for company registrations in Wolverhampton when compared to any half year in history.
- Q4 2013 saw a new record in company registrations in Wolverhampton when compared to any previous Q4.
- November 2013 saw a new record in company registrations in Wolverhampton when compared to any previous November.
- October 2013 saw a new record in company registrations in Wolverhampton when compared to any previous October.
- October 2013 was a record month for company registrations in Wolverhampton when compared to any month in history.
- October 2013 saw a new record in company closures in Wolverhampton when compared to any previous October.
- 2013 was a record year for net growth in Wolverhampton when compared to any year in history.
- The second half of 2013 saw a new record in net growth in Wolverhampton when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Wolverhampton when compared to any year in history.
A total of 1,567 companies were formed in Wolverhampton in 2013. This total is 18.0% higher than in 2012 and compares favourably to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Wolverhampton UK 2013 1,567 529,363 2012 1,328 491,893 2011 1,398 452,870 2010 1,287 400,358 2009 1,247 362,675 Record Year 2013 (1,567) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Wolverhampton when compared to any previous second half year.
The second half of 2013 was a record second half year for company registrations in Wolverhampton when compared to any half year in history.
In the second half of 2013 a total of 834 companies were formed in Wolverhampton. This figure is 25.6% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Wolverhampton occurred in 2013 when a total of 834 were formed.
Half Year (Jul-Dec) Wolverhampton UK 2013 834 259,931 2012 664 238,743 % change 25.6% 8.9% Record Year 2013 (834) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Wolverhampton when compared to any previous Q4.
A total of 414 companies were registered in Wolverhampton during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 47.9% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Wolverhampton UK 2013 414 127,247 2012 280 119,875 % change 47.9% 6.1% Record Year 2013 (414) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company registrations in Wolverhampton when compared to any previous November.
October 2013 saw a new record in company registrations in Wolverhampton when compared to any previous October.
October 2013 was a record month for company registrations in Wolverhampton when compared to any month in history.
New Companies by Month
October November December New companies in 2013 168 142 104 New companies in 2012 108 96 76 % change 55.6% 47.9% 36.8% Record Year 2013 (168) 2013 (142) 2011 (121)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 942 companies were dissolved in Wolverhampton in 2013. This total is 6.2% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Wolverhampton UK 2013 942 332,213 2012 887 293,729 2011 940 314,524 2010 1,279 342,233 2009 1,355 533,789 Record Year 2009 (1,355) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 551 companies were dissolved in Wolverhampton. This figure is 22.7% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Wolverhampton occurred in 2009 when a total of 663 were closed.
Half Year (Jul-Dec) Wolverhampton UK 2013 551 177,021 2012 449 145,935 % change 22.7% 21.3% Record Year 2009 (663) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 264 companies were dissolved in Wolverhampton during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 20.5% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Wolverhampton UK 2013 264 90,851 2012 219 70,027 % change 20.5% 29.7% Record Year 2009 (314) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company closures in Wolverhampton when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 116 84 64 Closed companies in 2012 101 83 35 % change 14.9% 1.2% 83% Record Year 2013 (116) 2003 (143) 2009 (136)
Net Company Growth
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Annual Data (2013)
2013 was a record year for net growth in Wolverhampton when compared to any year in history.
A total of 625 companies were added to the company register for Wolverhampton in 2013. This number represents growth of 39.9% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 184 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Wolverhampton company register grew by 625 companies.
Year Wolverhampton UK 2013 625 197,150 2012 441 198,164 2011 458 138,346 2010 8 58,125 2009 -108 -171,114 Record Year 2013 (625) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in net growth in Wolverhampton when compared to any previous second half year.
In the second half of 2013 the company register for Wolverhampton increased by 283 companies.
Half Year (Jul-Dec) Wolverhampton UK 2013 283 82,910 2012 215 92,808 Record Year 2013 (283) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Wolverhampton during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 150 companies.
fourth quarter (Oct 2013 - Dec 2013) Wolverhampton UK 2013 150 36,396 2012 61 49,848 Record Year 2013 (150) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 52 58 40 Net growth in 2012 7 13 41 Record Year 2003 (88) 2008 (60) 2002 (46)
UK Company Share
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Annual Data (2013)
In 2013 Wolverhampton formed 0.3% of all UK companies. This is no change on 2012 when Wolverhampton was responsible for 0.3% of all UK companies.
Year Wolverhampton 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Wolverhampton formed 0.3% of all UK companies. This is the same as the 2012 figure of 0.3%.
Half Year (Jul-Dec) Wolverhampton 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1992 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Wolverhampton formed 0.3% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Wolverhampton 2013 0.3% 2012 0.2% 2011 0.3% 2010 0.3% 2009 0.4% Record Year (since 1960) 1992 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.3% 0.3% 0.3% UK formation share in 2012 0.2% 0.2% 0.2% % change 44.6% 45.4% 24.4% Record Year 1992 (0.5%) 1983 (0.5%) 1982 (0.6%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.4.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 42.5.
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 6.6% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.0.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.5% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Wolverhampton was 1976 when 100.0% of all directors were female.
The percentage of female directors in Wolverhampton in 2013 was 23.3%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Wolverhampton was 2004 when 30.2% of all directors were female.
24.4% of all director appointments in Wolverhampton in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Wolverhampton was in 2004 when 30.1% of all directors were female.
26.2% of all director appointments in Wolverhampton in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.19% CONSULTING 5.22% WOLVERHAMPTON 1.06% MANAGEMENT 4.72% MANAGEMENT 1.06% CONSULTANCY 3.45% PROPERTY 1.06% PROPERTY 2.59% J 0.93% TRADING 2.08% CONSTRUCTION 0.85% ENGINEERING 1.87% CONSULTING 0.81% LONDON 1.86% LOGISTICS 0.72% DESIGN 1.76% TRANSPORT 0.68% CONSTRUCTION 1.73% CONSULTANCY 0.64% CARE 1.73% M 0.59% BUSINESS 1.71% S 0.59% CONSULTANTS 1.68% CENTRE 0.59% GLOBAL 1.58% MIDLANDS 0.55% INVESTMENTS 1.56% ENGINEERING 0.51% PROPERTIES 1.54% TRAINING 0.51% ASSOCIATES 1.53% HOME 0.51% J 1.51% ELECTRICAL 0.47% MEDIA 1.50% MEDIA 0.47% IT 1.35% D 0.47% DEVELOPMENTS 1.23% B 0.42% M 1.23% GREEN 0.42% BUILDING 1.21% C 0.42% ELECTRICAL 1.20% ASSOCIATES 0.42% CAPITAL 1.19% COMMUNITY 0.38% ENERGY 1.14%
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 801 266,814 99999 - Dormant Company 138 46,762 82990 - Other business support service activities not elsewhere classified 92 55,342 96090 - Other service activities not elsewhere classified 76 26,001 62020 - Information technology consultancy activities 73 27,183 70229 - Management consultancy activities other than financial management 66 36,164 47910 - Retail sale via mail order houses or via Internet 42 8,879 49410 - Freight transport by road 37 7,333 86900 - Other human health activities 37 9,543 62090 - Other information technology service activities 36 12,511 74909 - Other professional, scientific and technical activities not elsewhere classified 36 18,034 74990 - Non-trading company 35 14,223 47710 - Retail sale of clothing in specialised stores 32 2,953 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 27 3,540 68209 - Other letting and operating of own or leased real estate 27 8,733 96020 - Hairdressing and other beauty treatment 27 6,000 41100 - Development of building projects 25 9,485 62012 - Business and domestic software development 25 9,360 86210 - General medical practice activities 23 3,942 43999 - Other specialised construction activities not elsewhere classified 23 7,823
Recent Companies
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Randomly selected companies from this quarter
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