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Wolverhampton, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Wolverhampton when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Wolverhampton when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Wolverhampton when compared to any previous March.
  • March 2014 was a record month for company registrations in Wolverhampton when compared to any month in history.
  • February 2014 saw a new record in company registrations in Wolverhampton when compared to any previous February.
  • January 2014 saw a new record in company registrations in Wolverhampton when compared to any previous January.
  • March 2014 saw a new record in net growth in Wolverhampton when compared to any previous March.
  • March 2014 was a record month for net growth in Wolverhampton when compared to any month in history.
  • February 2014 saw a new record in net growth in Wolverhampton when compared to any previous February.
  • January 2014 saw a new record in net growth in Wolverhampton when compared to any previous January.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Wolverhampton when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Wolverhampton when compared to any quarter in history.

    A total of 503 companies were registered in Wolverhampton during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 33.4% 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)WolverhamptonUK
    2014503150,722
    2013377134,802
    % change33.4%11.8%
    Record Year 2014 (503) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Wolverhampton when compared to any previous March.

    March 2014 was a record month for company registrations in Wolverhampton when compared to any month in history.

    February 2014 saw a new record in company registrations in Wolverhampton when compared to any previous February.

    January 2014 saw a new record in company registrations in Wolverhampton when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014161160182
    New companies in 2013123117137
    % change30.9%36.8%32.8%
    Record Year2014 (161)2014 (160)2014 (182)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 230 companies were dissolved in Wolverhampton during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 16.8% versus the same period last year (Q1 2013). This figure compares poorly 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)WolverhamptonUK
    201423082,370
    201319777,914
    % change16.8%5.7%
    Record Year 2010 (316) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014848363
    Closed companies in 2013795365
    % change6.3%56.6%-3%
    Record Year2007 (95)2010 (116)2009 (164)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Wolverhampton during the first quarter of 2014 (Jan 2014 - Mar 2014) was 273 companies.

    first quarter (Jan 2014 - Mar 2014)WolverhamptonUK
    201427368,352
    201318056,888
    Record Year 2014 (273) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in net growth in Wolverhampton when compared to any previous March.

    March 2014 was a record month for net growth in Wolverhampton when compared to any month in history.

    February 2014 saw a new record in net growth in Wolverhampton when compared to any previous February.

    January 2014 saw a new record in net growth in Wolverhampton when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20147777119
    Net growth in 2013446472
    Record Year2014 (77)2014 (77)2014 (119)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Wolverhampton formed 0.3% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Wolverhampton
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1991 (0.5%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.3%0.3%0.3%
    % change22.5%26.2%10.9%
    Record Year1991 (0.6%)1993 (0.5%)1961 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 43.6.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Wolverhampton was in 2005 when 27.4% of all directors were female.

    23.9% of all director appointments in Wolverhampton 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

  1. Previous 12 months (Mar 2013-Mar 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CARE1.16%CONSULTING5.22%
    WOLVERHAMPTON1.12%MANAGEMENT4.67%
    MANAGEMENT1.08%CONSULTANCY3.49%
    CONSULTING0.88%PROPERTY2.64%
    CONSTRUCTION0.84%TRADING2.05%
    PROPERTY0.76%LONDON1.88%
    J0.72%ENGINEERING1.86%
    LOGISTICS0.68%CARE1.79%
    CENTRE0.60%CONSTRUCTION1.75%
    TRANSPORT0.56%DESIGN1.75%
    S0.56%CONSULTANTS1.73%
    HOME0.52%BUSINESS1.71%
    PROPERTIES0.52%PROPERTIES1.60%
    M0.52%INVESTMENTS1.60%
    CONSULTANCY0.48%GLOBAL1.58%
    TRAINING0.48%J1.48%
    RECRUITMENT0.48%ASSOCIATES1.48%
    C0.44%MEDIA1.48%
    HOMES0.44%IT1.33%
    D0.44%TRANSPORT1.30%
    (MIDLANDS)0.44%DEVELOPMENTS1.29%
    DIRECT0.44%BUILDING1.24%
    ENTERPRISES0.44%M1.21%
    CONSULTANTS0.44%CAPITAL1.20%
    R0.40%ELECTRICAL1.19%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied836280,210
    99999 - Dormant Company13547,084
    82990 - Other business support service activities not elsewhere classified9456,411
    96090 - Other service activities not elsewhere classified7426,700
    70229 - Management consultancy activities other than financial management7137,882
    62020 - Information technology consultancy activities6827,750
    74909 - Other professional, scientific and technical activities not elsewhere classified4018,491
    49410 - Freight transport by road398,014
    47910 - Retail sale via mail order houses or via Internet389,358
    74990 - Non-trading company3714,135
    62090 - Other information technology service activities3512,813
    86900 - Other human health activities3410,273
    47710 - Retail sale of clothing in specialised stores323,066
    41202 - Construction of domestic buildings276,559
    62012 - Business and domestic software development269,509
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating263,708
    41100 - Development of building projects269,855
    68209 - Other letting and operating of own or leased real estate269,284
    96020 - Hairdressing and other beauty treatment266,236
    86210 - General medical practice activities253,987

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08926614 R & M MEDICAL SERVICES LTD 06 Mar 2014
    08928217 AURA MASSAGE SALON LTD 07 Mar 2014
    08930384 CROWN CAR DISMANTLERS LTD 10 Mar 2014
    08935825 MN BUILDERS LIMITED 12 Mar 2014
    08941303 DAN & CECIL CONSULTING LTD 17 Mar 2014
    08943839 C & C CATERING SHROPSHIRE LTD 17 Mar 2014
    08949774 WOMBOURNE LIMOUSINE HIRE LIMITED 20 Mar 2014
    08951067 KRISHENZ PROPERTY DEVELOPMENTS LTD 20 Mar 2014
    08956150 AVON PET FOODS LTD 24 Mar 2014
    08962504 DMTK CONTRACTS LIMITED 27 Mar 2014
    08920953 IDEAL POSTCODE LIMITED 04 Mar 2014
    08953742 GORGEOUS HAIR & BEAUTY SOLUTION LTD 24 Mar 2014
    08954132 R.P. NIM LTD. 24 Mar 2014
    08960734 DAVID CORFIELD GYMNASIUM LIMITED 26 Mar 2014
    08939076 HONDECOM LTD 14 Mar 2014
    08932135 MACS BARBERS AND HAIRDRESSERS LIMITED 11 Mar 2014
    08932580 MIGHTY BITES CAFE LIMITED 11 Mar 2014
    08932620 ANTARA (UK) LIMITED 11 Mar 2014
    08937666 GILLS CONCRETE PUMPING LIMITED 13 Mar 2014
    08948155 KDS TECH LIMITED 19 Mar 2014
    08954722 YES AUTOS LIMITED 24 Mar 2014
    08920376 CAR DEALER 5 LIMITED 03 Mar 2014
    08921384 CANURA LIMITED 04 Mar 2014
    08946854 MB GLYNN LTD 19 Mar 2014
    08956967 VEGAS SALVAGE LTD 25 Mar 2014

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