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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
    08874337 MUDBRIX LIMITED 04 Feb 2014
    08891059 BINKHU LTD 12 Feb 2014
    08891936 LEAPFORTH LTD 12 Feb 2014
    08892314 TAILORED COMMERCIALS LIMITED 13 Feb 2014
    08893180 STONELEIGH HOUSE LIMITED 13 Feb 2014
    08913328 HAWKES GREEN PET SUPPLIES LIMITED 26 Feb 2014
    08916549 DANIEL JONES LETTINGS LIMITED 28 Feb 2014
    08875227 NOVA (UK) LIMITED 04 Feb 2014
    08877857 D S BEER SUPPLY LTD 05 Feb 2014
    08880823 A D SUPPLY LTD 06 Feb 2014
    08900828 ALLTEC RECRUITMENT LIMITED 18 Feb 2014
    08902411 QUALITY SERVICED OFFICES LIMITED 19 Feb 2014
    08879446 BRAND CHENNAI LIMITED 06 Feb 2014
    08910950 LEMOUPA LIMITED 25 Feb 2014
    08913223 CODSALL AND PERTON CARS LTD 26 Feb 2014
    08915761 TECHBI LIMITED 27 Feb 2014
    08916020 ROSS & CLARK ESTATES LIMITED 27 Feb 2014
    08874250 JPO SYSTEMS LTD 04 Feb 2014
    08878424 WRIGHT CHOICE BATHROOMS & KITCHENS LIMITED 06 Feb 2014
    08892284 ISA HOLISTICS CENTER LIMITED 13 Feb 2014
    08903882 EBUS CONSULTING LTD 20 Feb 2014
    08905817 GRP FOODS LIMITED 21 Feb 2014
    08915379 TOPYDEM LIMITED 27 Feb 2014
    08917788 NEW BEGINNINGS HAIR AND BEAUTY LIMITED 28 Feb 2014
    08879021 MW HEATING AND BUILDING SERVICES LIMITED 06 Feb 2014

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