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
New Company Registrations
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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) Wolverhampton UK 2014 503 150,722 2013 377 134,802 % change 33.4% 11.8% Record Year 2014 (503) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 161 160 182 New companies in 2013 123 117 137 % change 30.9% 36.8% 32.8% Record Year 2014 (161) 2014 (160) 2014 (182)
Closed Companies (dissolved)
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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) Wolverhampton UK 2014 230 82,370 2013 197 77,914 % change 16.8% 5.7% Record Year 2010 (316) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 84 83 63 Closed companies in 2013 79 53 65 % change 6.3% 56.6% -3% Record Year 2007 (95) 2010 (116) 2009 (164)
Net Company Growth
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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) Wolverhampton UK 2014 273 68,352 2013 180 56,888 Record Year 2014 (273) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2014 77 77 119 Net growth in 2013 44 64 72 Record Year 2014 (77) 2014 (77) 2014 (119)
UK Company Share
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1991 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.3% 0.3% 0.3% % change 22.5% 26.2% 10.9% Record Year 1991 (0.6%) 1993 (0.5%) 1961 (1.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.16% CONSULTING 5.22% WOLVERHAMPTON 1.12% MANAGEMENT 4.67% MANAGEMENT 1.08% CONSULTANCY 3.49% CONSULTING 0.88% PROPERTY 2.64% CONSTRUCTION 0.84% TRADING 2.05% PROPERTY 0.76% LONDON 1.88% J 0.72% ENGINEERING 1.86% LOGISTICS 0.68% CARE 1.79% CENTRE 0.60% CONSTRUCTION 1.75% TRANSPORT 0.56% DESIGN 1.75% S 0.56% CONSULTANTS 1.73% HOME 0.52% BUSINESS 1.71% PROPERTIES 0.52% PROPERTIES 1.60% M 0.52% INVESTMENTS 1.60% CONSULTANCY 0.48% GLOBAL 1.58% TRAINING 0.48% J 1.48% RECRUITMENT 0.48% ASSOCIATES 1.48% C 0.44% MEDIA 1.48% HOMES 0.44% IT 1.33% D 0.44% TRANSPORT 1.30% (MIDLANDS) 0.44% DEVELOPMENTS 1.29% DIRECT 0.44% BUILDING 1.24% ENTERPRISES 0.44% M 1.21% CONSULTANTS 0.44% CAPITAL 1.20% R 0.40% ELECTRICAL 1.19%
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 836 280,210 99999 - Dormant Company 135 47,084 82990 - Other business support service activities not elsewhere classified 94 56,411 96090 - Other service activities not elsewhere classified 74 26,700 70229 - Management consultancy activities other than financial management 71 37,882 62020 - Information technology consultancy activities 68 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 40 18,491 49410 - Freight transport by road 39 8,014 47910 - Retail sale via mail order houses or via Internet 38 9,358 74990 - Non-trading company 37 14,135 62090 - Other information technology service activities 35 12,813 86900 - Other human health activities 34 10,273 47710 - Retail sale of clothing in specialised stores 32 3,066 41202 - Construction of domestic buildings 27 6,559 62012 - Business and domestic software development 26 9,509 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 26 3,708 41100 - Development of building projects 26 9,855 68209 - Other letting and operating of own or leased real estate 26 9,284 96020 - Hairdressing and other beauty treatment 26 6,236 86210 - General medical practice activities 25 3,987
Recent Companies
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Randomly selected companies from this quarter
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