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
    08839589 ITALIAN EXPRESS LTD 10 Jan 2014
    08841658 LINTUS LIMITED 13 Jan 2014
    08850176 ECO SOLUTIONS (MIDLANDS) LIMITED 17 Jan 2014
    08855044 EUROTRANS EXPRESS LIMITED 21 Jan 2014
    08860090 VAN TRADER LIMITED 24 Jan 2014
    08867722 LPF (2014) LIMITED 29 Jan 2014
    08870037 RAISE YOUR BAR CIC 30 Jan 2014
    08831844 SOGLOBE LTD 06 Jan 2014
    08832687 POUND ZONE 2014 LIMITED 06 Jan 2014
    08837310 AAKAL ENTERPRISE LIMITED 08 Jan 2014
    08842995 ROBERTO SERVICES (WOLVERHAMPTON) LIMITED 13 Jan 2014
    08846188 COTS WORLDS LIMITED 15 Jan 2014
    08851558 TOTAL CALL OUT LIMITED 20 Jan 2014
    08859738 SGP PROPERTIES LTD 24 Jan 2014
    08864035 RICH GLOBAL COMMUNICATIONS LIMITED 28 Jan 2014
    08829267 BEEKES BUILDING AND CARPENTRY LIMITED 02 Jan 2014
    08832788 PH HOME IMPROVEMENTS LTD 06 Jan 2014
    08836755 NVOKA HEALTHCARE LTD 08 Jan 2014
    08837646 RUGRAT SUPPLIES LIMITED 09 Jan 2014
    08850246 DIRECT AK SOLUTIONS LTD 17 Jan 2014
    08855242 KHANNA DENTAL LIMITED 21 Jan 2014
    08855664 PAUL MANN SERVICES LTD 22 Jan 2014
    08855913 S W TRANSPORT & DISTRIBUTION LIMITED 22 Jan 2014
    08858012 TOPSPEC FLOORING LIMITED 23 Jan 2014
    08833066 RESIDENTIAL ENERGY SERVICES LTD 06 Jan 2014