Wolverhampton, West Midlands

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Wolverhampton when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Wolverhampton when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Wolverhampton when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Wolverhampton when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Wolverhampton when compared to any previous December.
  • November 2014 saw a new record in company registrations in Wolverhampton when compared to any previous November.
  • October 2014 saw a new record in company registrations in Wolverhampton when compared to any previous October.
  • 2014 was a record year for net growth in Wolverhampton when compared to any year in history.
  • The second half of 2014 saw a new record in net growth in Wolverhampton when compared to any previous second half year.
  • October 2014 saw a new record in net growth in Wolverhampton when compared to any previous October.

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. Annual Data (2014)

    2014 was a record year for company registrations in Wolverhampton when compared to any year in history.

    A total of 1,876 companies were formed in Wolverhampton in 2014. This total is 19.7% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWolverhamptonUK
    20141,876582,051
    20131,567529,363
    20121,328491,893
    20111,398452,870
    20101,287400,358
    Record Year2014 (1,876)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Wolverhampton when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Wolverhampton when compared to any half year in history.

    In the second half of 2014 a total of 949 companies were formed in Wolverhampton. This figure is 13.8% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Wolverhampton occurred in 2014 when a total of 949 were formed.

    Half Year (Jul-Dec)WolverhamptonUK
    2014949281,320
    2013834259,931
    % change13.8%8.2%
    Record Year2014 (949)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Wolverhampton when compared to any previous Q4.

    A total of 450 companies were registered in Wolverhampton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 8.7% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WolverhamptonUK
    2014450137,906
    2013414127,247
    % change8.7%8.4%
    Record Year 2014 (450) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Wolverhampton when compared to any previous December.

    November 2014 saw a new record in company registrations in Wolverhampton when compared to any previous November.

    October 2014 saw a new record in company registrations in Wolverhampton when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014174148128
    New companies in 2013168142104
    % change3.6%4.2%23.1%
    Record Year2014 (174)2014 (148)2014 (128)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 1,093 companies were dissolved in Wolverhampton in 2014. This total is 16.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearWolverhamptonUK
    20141,093367,937
    2013942332,213
    2012887293,729
    2011940314,524
    20101,279342,233
    Record Year2009 (1,355)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 587 companies were dissolved in Wolverhampton. This figure is 6.5% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Wolverhampton occurred in 2009 when a total of 663 were closed.

    Half Year (Jul-Dec)WolverhamptonUK
    2014587190,730
    2013551177,021
    % change6.5%7.7%
    Record Year2009 (663)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 266 companies were dissolved in Wolverhampton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 0.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)WolverhamptonUK
    201426689,060
    201326490,851
    % change0.8%-2.0%
    Record Year 2009 (314) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20146695105
    Closed companies in 20131168464
    % change-43.1%13.1%64%
    Record Year2013 (116)2003 (143)2009 (136)

Net Company Growth

  1. Annual Data (2014)

    2014 was a record year for net growth in Wolverhampton when compared to any year in history.

    A total of 783 companies were added to the company register for Wolverhampton in 2014. This number represents growth of 41.7% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 158 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Wolverhampton company register grew by 783 companies.

    YearWolverhamptonUK
    2014783214,114
    2013625197,150
    2012441198,164
    2011458138,346
    2010858,125
    Record Year2014 (783)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in net growth in Wolverhampton when compared to any previous second half year.

    In the second half of 2014 the company register for Wolverhampton increased by 362 companies.

    Half Year (Jul-Dec)WolverhamptonUK
    201436290,590
    201328382,910
    Record Year2014 (362)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Wolverhampton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 184 companies.

    fourth quarter (Oct 2014 - Dec 2014)WolverhamptonUK
    201418448,846
    201315036,396
    Record Year 2014 (184) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in net growth in Wolverhampton when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141085323
    Net growth in 2013525840
    Record Year2014 (108)2008 (60)2002 (46)

UK Company Share

  1. Annual Data (2014)

    In 2014 Wolverhampton formed 0.3% of all UK companies. This is no change on 2013 when Wolverhampton was responsible for 0.3% of all UK companies.

    YearWolverhampton
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960)1991 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Wolverhampton formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.

    Half Year (Jul-Dec)Wolverhampton
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1992 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Wolverhampton formed 0.3% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Wolverhampton
    20140.3%
    20130.3%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 1992 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.3%0.3%0.3%
    % change-1.5%-1.0%5.4%
    Record Year1992 (0.5%)1983 (0.5%)1982 (0.6%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.0.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 41.9.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 42.3.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Wolverhampton was 1988 when 100.0% of all directors were female.

    The percentage of female directors in Wolverhampton in 2014 was 27.5%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Wolverhampton was 2005 when 28.8% of all directors were female.

    24.0% of all director appointments in Wolverhampton in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Wolverhampton was in 2006 when 27.1% of all directors were female.

    24.6% of all director appointments in Wolverhampton in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CARE1.58%CONSULTING5.22%
    MANAGEMENT1.16%MANAGEMENT4.58%
    CONSULTING1.13%CONSULTANCY3.57%
    TRANSPORT1.01%PROPERTY2.66%
    CONSTRUCTION0.90%CONSTRUCTION2.12%
    WOLVERHAMPTON0.90%ENGINEERING2.10%
    MIDLANDS0.86%CARE2.02%
    ELECTRICAL0.83%TRADING1.94%
    PROPERTY0.83%LONDON1.93%
    CONSULTANCY0.79%TRANSPORT1.93%
    PROPERTIES0.71%DESIGN1.66%
    TRAINING0.64%CONSULTANTS1.64%
    RECRUITMENT0.64%ELECTRICAL1.62%
    INVESTMENTS0.64%PROPERTIES1.62%
    BUILDING0.60%BUSINESS1.56%
    J0.56%J1.54%
    C0.56%CO.,1.50%
    DEVELOPMENTS0.53%GLOBAL1.49%
    (MIDLANDS)0.53%INVESTMENTS1.48%
    GLOBAL0.53%ASSOCIATES1.47%
    S0.53%DEVELOPMENTS1.35%
    IT0.49%MEDIA1.33%
    LOGISTICS0.49%IT1.31%
    HEALTH0.49%BUILDING1.29%
    ASSOCIATES0.45%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied862265,608
    99999 - Dormant Company11448,509
    96090 - Other service activities not elsewhere classified9729,009
    82990 - Other business support service activities not elsewhere classified7958,068
    70229 - Management consultancy activities other than financial management6942,290
    62020 - Information technology consultancy activities6730,178
    86900 - Other human health activities5712,976
    49410 - Freight transport by road5610,842
    74909 - Other professional, scientific and technical activities not elsewhere classified3819,049
    47910 - Retail sale via mail order houses or via Internet3710,107
    74990 - Non-trading company3613,984
    68209 - Other letting and operating of own or leased real estate3211,212
    47710 - Retail sale of clothing in specialised stores313,359
    41202 - Construction of domestic buildings307,559
    45200 - Maintenance and repair of motor vehicles295,425
    43999 - Other specialised construction activities not elsewhere classified288,761
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating274,167
    86210 - General medical practice activities274,591
    41100 - Development of building projects2411,397
    96020 - Hairdressing and other beauty treatment246,742

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09244525 MIDLAND RESTAURANTS (WOLVERHAMPTON) LIMITED 01 Oct 2014
    09249200 NICHOLLS IT SOLUTIONS LIMITED 06 Oct 2014
    09249401 LIFE CHOICE HOUSING LIMITED 06 Oct 2014
    09256665 A.B CARPENTRY & BUILDING SERVICES LTD 09 Oct 2014
    09277433 R PRASAD LIMITED 23 Oct 2014
    09277913 VLADIS2801 TRANSPORT LTD 23 Oct 2014
    09278678 SMS MADDIS LIMITED 24 Oct 2014
    09283551 DIVINE AUTO & SHIPPING LIMITED 28 Oct 2014
    09285297 ESSAKPO HEALTH CARE SERVICES LTD 29 Oct 2014
    09290649 TREHAVEN MAINTENANCE 2 LIMITED 31 Oct 2014
    09243595 OUTSOURCE ICT LTD 01 Oct 2014
    09269002 DJC SONS TRANSPORT LTD 17 Oct 2014
    09269884 MAREGA AUTOPARTS LIMITED 17 Oct 2014
    09285224 BRAKING SAFE LIMITED 29 Oct 2014
    09245468 RKS INVESTMENTS WM LIMITED 02 Oct 2014
    09264972 RS PROPERTIES 11 LIMITED 15 Oct 2014
    09267056 AUGUSTIN & TRANSPORT LIMITED 16 Oct 2014
    09273503 ALL IN CARE LIMITED 21 Oct 2014
    09245436 GLOBAL RENEWABLE FUEL LTD 02 Oct 2014
    09255442 MOUNTL LIMITED 08 Oct 2014
    09261991 JOBS R US LTD 13 Oct 2014
    09265802 HOPE HAIR LIMITED 15 Oct 2014
    09279263 WESTBERRY CONSTRUCTION LIMITED 24 Oct 2014
    09284387 E&B PHLEBOTOMY SERVICES LTD 28 Oct 2014
    09271710 FELLOWS ACCOUNTANTS (WOMBOURNE) LIMITED 20 Oct 2014