Wolverhampton, West Midlands
Q1 2015 Business Confidence Report
Headlines
- February 2015 saw a new record in company registrations in Wolverhampton when compared to any previous February.
- February 2015 saw a new record in company closures in Wolverhampton when compared to any previous February.
- January 2015 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 2015)
A total of 487 companies were registered in Wolverhampton during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is a decrease of 3.2% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Wolverhampton UK 2015 487 161,156 2014 503 150,722 % change -3.2% 6.9% Record Year 2014 (503) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company registrations in Wolverhampton when compared to any previous February.
New Companies by Month
January February March New companies in 2015 156 162 169 New companies in 2014 161 160 182 % change -3.1% 1.3% -7.1% Record Year 2014 (161) 2015 (162) 2014 (182)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 296 companies were dissolved in Wolverhampton during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 28.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Wolverhampton UK 2015 296 89,523 2014 230 82,370 % change 28.7% 8.7% Record Year 2010 (316) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Wolverhampton when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 54 124 118 Closed companies in 2014 84 83 63 % change -35.7% 49.4% 87% Record Year 2007 (95) 2015 (124) 2009 (164)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Wolverhampton during the first quarter of 2015 (Jan 2015 - Mar 2015) was 191 companies.
first quarter (Jan 2015 - Mar 2015) Wolverhampton UK 2015 191 71,633 2014 273 68,352 Record Year 2014 (273) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
January 2015 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 2015 102 38 51 Net growth in 2014 77 77 119 Record Year 2015 (102) 2014 (77) 2014 (119)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Wolverhampton formed 0.3% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Wolverhampton 2015 0.3% 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% Record Year (since 1960) 1991 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.3% 0.3% 0.3% UK formation share in 2014 0.3% 0.3% 0.3% % change -5.0% -6.7% -15.4% Record Year 1991 (0.6%) 1993 (0.5%) 1961 (1.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 44.2.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Wolverhampton was in 2006 when 26.9% of all directors were female.
26.1% of all director appointments in Wolverhampton in the first quarter of 2015 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 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.77% CONSULTING 5.23% TRANSPORT 1.21% MANAGEMENT 4.56% MANAGEMENT 1.17% CONSULTANCY 3.62% CONSTRUCTION 1.06% PROPERTY 2.72% CONSULTING 1.02% CONSTRUCTION 2.19% MIDLANDS 0.98% CARE 2.13% PROPERTY 0.94% ENGINEERING 2.12% ELECTRICAL 0.91% LONDON 1.91% CONSULTANCY 0.79% TRADING 1.88% WOLVERHAMPTON 0.79% TRANSPORT 1.82% DEVELOPMENTS 0.68% ELECTRICAL 1.76% S 0.64% DESIGN 1.65% (MIDLANDS) 0.64% PROPERTIES 1.63% BUILDING 0.60% CO., 1.58% INVESTMENTS 0.60% J 1.55% TRAINING 0.60% CONSULTANTS 1.54% HEALTHCARE 0.57% BUSINESS 1.49% D 0.57% INVESTMENTS 1.49% PROPERTIES 0.57% GLOBAL 1.46% J 0.57% ASSOCIATES 1.44% HEALTH 0.57% DEVELOPMENTS 1.36% RECRUITMENT 0.57% BUILDING 1.31% LOGISTICS 0.57% IT 1.30% GLOBAL 0.53% MEDIA 1.28% ASSOCIATES 0.53% M 1.27%
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 950 288,953 99999 - Dormant Company 107 49,474 96090 - Other service activities not elsewhere classified 93 29,218 82990 - Other business support service activities not elsewhere classified 83 58,522 70229 - Management consultancy activities other than financial management 76 43,081 62020 - Information technology consultancy activities 66 30,825 86900 - Other human health activities 62 13,990 49410 - Freight transport by road 56 12,485 74909 - Other professional, scientific and technical activities not elsewhere classified 40 19,098 47910 - Retail sale via mail order houses or via Internet 36 10,200 74990 - Non-trading company 35 13,794 86210 - General medical practice activities 30 4,793 68209 - Other letting and operating of own or leased real estate 30 11,600 43999 - Other specialised construction activities not elsewhere classified 29 9,080 41100 - Development of building projects 29 11,863 41202 - Construction of domestic buildings 29 7,797 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 29 4,256 88990 - Other social work activities without accommodation not elsewhere classified 27 5,014 45200 - Maintenance and repair of motor vehicles 26 5,392 62090 - Other information technology service activities 26 12,862
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09391996 WOODRITE LIFESTYLE LIMITED 16 Jan 2015 09395329 YOUR JUICE LIMITED 19 Jan 2015 09401039 SKILLSBIZ LIMITED 22 Jan 2015 09410563 AB GREEN DEALS LTD 28 Jan 2015 09412743 UNCHAINED TOURS LIMITED 29 Jan 2015 09378602 THE ROMANIA RELOCATION & RECRUITMENT COMPANY LIMITED 08 Jan 2015 09386405 POMLEEN HEALTHCARE SERVICES LTD 13 Jan 2015 09393591 EDDIE KELLY LIMITED 19 Jan 2015 09403167 SKYE LOGISTICS LTD 23 Jan 2015 09412670 MOBILE AUDIO SOUND SOLUTIONS LTD 29 Jan 2015 09413745 NORTHERN PROPERTIES DEVELOPMENTS LTD 30 Jan 2015 09414888 ELECTRIC4U LTD 30 Jan 2015 09391041 HEALTH AND WELL BEAMS CIC 15 Jan 2015 09411770 MHAES LIMITED 28 Jan 2015 09382939 GREENACRE BROKERS LTD 12 Jan 2015 09384033 DR DARBY LIMITED 12 Jan 2015 09390307 SCHOOL RECRUITMENT LIMITED 15 Jan 2015 09393012 CHUTZPAH (UK) LIMITED 16 Jan 2015 09394104 TAM INNS LIMITED 19 Jan 2015 09398071 ROGUE HAIR LIMITED 20 Jan 2015 09408011 SPECSWISE LTD 27 Jan 2015 09371556 HYGACLEAN LIMITED 02 Jan 2015 09379451 EXERSA LTD 08 Jan 2015 09412827 P A Z SERVICES (MIDLANDS) LTD 29 Jan 2015 09373191 STERLING ACCOUNTING & CONSULTANCY LIMITED 05 Jan 2015
reports
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