Wolverhampton, West Midlands
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Wolverhampton when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Wolverhampton when compared to any previous September.
- August 2014 saw a new record in company registrations in Wolverhampton when compared to any previous August.
- July 2014 saw a new record in company registrations in Wolverhampton when compared to any previous July.
- July 2014 saw a new record in company closures in Wolverhampton when compared to any previous July.
- August 2014 saw a new record in net growth in Wolverhampton when compared to any previous August.
- July 2014 saw a new record in net growth in Wolverhampton when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Wolverhampton when compared to any previous Q3.
A total of 499 companies were registered in Wolverhampton during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 18.8% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Wolverhampton UK 2014 499 143,414 2013 420 132,684 % change 18.8% 8.1% Record Year 2014 (499) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Wolverhampton when compared to any previous September.
August 2014 saw a new record in company registrations in Wolverhampton when compared to any previous August.
July 2014 saw a new record in company registrations in Wolverhampton when compared to any previous July.
New Companies by Month
July August September New companies in 2014 174 158 167 New companies in 2013 143 110 167 % change 21.7% 43.6% 0.0% Record Year 2014 (174) 2014 (158) 2013 (167)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 321 companies were dissolved in Wolverhampton during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 11.8% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Wolverhampton UK 2014 321 101,670 2013 287 86,170 % change 11.8% 18.0% Record Year 2009 (349) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Wolverhampton when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 83 95 143 Closed companies in 2013 66 57 164 % change 25.8% 66.7% -13% Record Year 2014 (83) 2008 (202) 2009 (172)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Wolverhampton during the third quarter of 2014 (Jul 2014 - Sep 2014) was 178 companies.
third quarter (Jul 2014 - Sep 2014) Wolverhampton UK 2014 178 41,744 2013 133 46,514 Record Year 2014 (178) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
August 2014 saw a new record in net growth in Wolverhampton when compared to any previous August.
July 2014 saw a new record in net growth in Wolverhampton when compared to any previous July.
Net Growth by Month
July August September Net growth in 2014 91 63 24 Net growth in 2013 77 53 3 Record Year 2014 (91) 2014 (63) 2006 (44)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Wolverhampton formed 0.3% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Wolverhampton 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1962 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.3% 0.4% 0.3% UK formation share in 2013 0.3% 0.3% 0.4% % change 10.6% 36.9% -8.3% Record Year 1991 (0.5%) 2014 (0.4%) 1962 (1.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 41.5.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Wolverhampton was in 2005 when 31.0% of all directors were female.
23.5% of all director appointments in Wolverhampton in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.46% CONSULTING 5.17% MANAGEMENT 1.12% MANAGEMENT 4.63% CONSULTING 1.12% CONSULTANCY 3.55% WOLVERHAMPTON 0.94% PROPERTY 2.62% CONSTRUCTION 0.82% ENGINEERING 2.07% TRANSPORT 0.79% CONSTRUCTION 2.05% MIDLANDS 0.79% TRADING 2.00% CONSULTANCY 0.75% LONDON 1.95% PROPERTIES 0.67% CARE 1.94% RECRUITMENT 0.67% TRANSPORT 1.76% INVESTMENTS 0.56% DESIGN 1.70% IT 0.52% CONSULTANTS 1.70% TRAINING 0.49% PROPERTIES 1.63% J 0.49% BUSINESS 1.62% PROPERTY 0.49% J 1.53% DEVELOPMENTS 0.49% ELECTRICAL 1.53% ELECTRICAL 0.49% GLOBAL 1.51% HEALTH 0.49% INVESTMENTS 1.50% BUILDING 0.49% ASSOCIATES 1.48% C 0.49% MEDIA 1.38% D 0.45% CO., 1.36% CONSULTANTS 0.45% DEVELOPMENTS 1.35% CONTRACTS 0.45% BUILDING 1.30% S 0.45% IT 1.30% ENTERPRISES 0.45% M 1.23%
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 876 278,481 99999 - Dormant Company 127 48,286 96090 - Other service activities not elsewhere classified 84 28,224 82990 - Other business support service activities not elsewhere classified 79 57,264 70229 - Management consultancy activities other than financial management 67 40,717 62020 - Information technology consultancy activities 59 29,313 49410 - Freight transport by road 51 9,960 86900 - Other human health activities 45 11,807 74909 - Other professional, scientific and technical activities not elsewhere classified 40 18,890 74990 - Non-trading company 38 14,006 47710 - Retail sale of clothing in specialised stores 31 3,251 47910 - Retail sale via mail order houses or via Internet 30 9,914 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 28 3,969 41202 - Construction of domestic buildings 28 7,151 43210 - Electrical installation 28 5,922 43999 - Other specialised construction activities not elsewhere classified 28 8,501 45200 - Maintenance and repair of motor vehicles 27 5,335 62012 - Business and domestic software development 26 9,675 68209 - Other letting and operating of own or leased real estate 26 10,361 62090 - Other information technology service activities 26 12,795
Recent Companies
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Randomly selected companies from this quarter
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