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

  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 (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)WolverhamptonUK
    2014499143,414
    2013420132,684
    % change18.8%8.1%
    Record Year 2014 (499) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014174158167
    New companies in 2013143110167
    % change21.7%43.6%0.0%
    Record Year2014 (174)2014 (158)2013 (167)

Closed Companies (dissolved)

  1. 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)WolverhamptonUK
    2014321101,670
    201328786,170
    % change11.8%18.0%
    Record Year 2009 (349) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 20148395143
    Closed companies in 20136657164
    % change25.8%66.7%-13%
    Record Year2014 (83)2008 (202)2009 (172)

Net Company Growth

  1. 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)WolverhamptonUK
    201417841,744
    201313346,514
    Record Year 2014 (178) 2013 (46,514)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2014916324
    Net growth in 201377533
    Record Year2014 (91)2014 (63)2006 (44)

UK Company Share

  1. 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
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1962 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.4%0.3%
    UK formation share in 20130.3%0.3%0.4%
    % change10.6%36.9%-8.3%
    Record Year1991 (0.5%)2014 (0.4%)1962 (1.5%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CARE1.46%CONSULTING5.17%
    MANAGEMENT1.12%MANAGEMENT4.63%
    CONSULTING1.12%CONSULTANCY3.55%
    WOLVERHAMPTON0.94%PROPERTY2.62%
    CONSTRUCTION0.82%ENGINEERING2.07%
    TRANSPORT0.79%CONSTRUCTION2.05%
    MIDLANDS0.79%TRADING2.00%
    CONSULTANCY0.75%LONDON1.95%
    PROPERTIES0.67%CARE1.94%
    RECRUITMENT0.67%TRANSPORT1.76%
    INVESTMENTS0.56%DESIGN1.70%
    IT0.52%CONSULTANTS1.70%
    TRAINING0.49%PROPERTIES1.63%
    J0.49%BUSINESS1.62%
    PROPERTY0.49%J1.53%
    DEVELOPMENTS0.49%ELECTRICAL1.53%
    ELECTRICAL0.49%GLOBAL1.51%
    HEALTH0.49%INVESTMENTS1.50%
    BUILDING0.49%ASSOCIATES1.48%
    C0.49%MEDIA1.38%
    D0.45%CO.,1.36%
    CONSULTANTS0.45%DEVELOPMENTS1.35%
    CONTRACTS0.45%BUILDING1.30%
    S0.45%IT1.30%
    ENTERPRISES0.45%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied876278,481
    99999 - Dormant Company12748,286
    96090 - Other service activities not elsewhere classified8428,224
    82990 - Other business support service activities not elsewhere classified7957,264
    70229 - Management consultancy activities other than financial management6740,717
    62020 - Information technology consultancy activities5929,313
    49410 - Freight transport by road519,960
    86900 - Other human health activities4511,807
    74909 - Other professional, scientific and technical activities not elsewhere classified4018,890
    74990 - Non-trading company3814,006
    47710 - Retail sale of clothing in specialised stores313,251
    47910 - Retail sale via mail order houses or via Internet309,914
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating283,969
    41202 - Construction of domestic buildings287,151
    43210 - Electrical installation285,922
    43999 - Other specialised construction activities not elsewhere classified288,501
    45200 - Maintenance and repair of motor vehicles275,335
    62012 - Business and domestic software development269,675
    68209 - Other letting and operating of own or leased real estate2610,361
    62090 - Other information technology service activities2612,795

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09207242 DENIMSTOCK BIRMINGHAM LTD 08 Sep 2014
    09210315 ROSHAN DESIGN LIMITED 09 Sep 2014
    09213508 FRIB LIMITED 11 Sep 2014
    09220421 RETAIL CAR LIMITED 16 Sep 2014
    09221324 TRANSFORMERS COMMUNITY EMPOWERMENT SERVICES AKA TRACES 16 Sep 2014
    09225819 SHEARMAN & HAGGETT MEDICAL LIMITED 19 Sep 2014
    09240863 DEOL & SON LIMITED 30 Sep 2014
    09200933 SHIBBER & CO LTD 03 Sep 2014
    09209101 BLUEWATER TRADING LTD 09 Sep 2014
    09214494 JAFSAL LIMITED 11 Sep 2014
    09220917 ALL BASE LTD 16 Sep 2014
    09223047 KUNNIRICKAL ENTERPRISES LIMITED 17 Sep 2014
    09201302 MIDLANDS MOVING SOLUTIONS LTD 03 Sep 2014
    09203788 BRADNINCH UNSURPASSED LTD 04 Sep 2014
    09222680 BA SECURITY SERVICES LIMITED 17 Sep 2014
    09198422 MAARI LTD 01 Sep 2014
    09206332 ACTIVE PLUS BOUNCY CASTLES AND XTREAM SPORTS LIMITED 05 Sep 2014
    09215221 VOINA SALES EU LIMITED 12 Sep 2014
    09221373 WATTS 1987 LIMITED 16 Sep 2014
    09221582 DIRECT PETROLEUM LTD 17 Sep 2014
    09222212 ELCON PROCUREMENT MANAGEMENT LIMITED 17 Sep 2014
    09236452 THE PROPERTY LOUNGE (UK) LIMITED 26 Sep 2014
    09203732 DPM CONSTRUCTION (MIDLANDS) LTD. 04 Sep 2014
    09213373 ELECTROPAINT PRODUCTS LIMITED 11 Sep 2014
    09225202 LUDSTONE DEVELOPMENTS LIMITED 18 Sep 2014