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

  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 (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)WolverhamptonUK
    2015487161,156
    2014503150,722
    % change-3.2%6.9%
    Record Year 2014 (503) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2015156162169
    New companies in 2014161160182
    % change-3.1%1.3%-7.1%
    Record Year2014 (161)2015 (162)2014 (182)

Closed Companies (dissolved)

  1. 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)WolverhamptonUK
    201529689,523
    201423082,370
    % change28.7%8.7%
    Record Year 2010 (316) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 201554124118
    Closed companies in 2014848363
    % change-35.7%49.4%87%
    Record Year2007 (95)2015 (124)2009 (164)

Net Company Growth

  1. 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)WolverhamptonUK
    201519171,633
    201427368,352
    Record Year 2014 (273) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 20151023851
    Net growth in 20147777119
    Record Year2015 (102)2014 (77)2014 (119)

UK Company Share

  1. 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
    20150.3%
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    Record Year (since 1960) 1991 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.3%0.3%0.3%
    UK formation share in 20140.3%0.3%0.3%
    % change-5.0%-6.7%-15.4%
    Record Year1991 (0.6%)1993 (0.5%)1961 (1.0%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CARE1.77%CONSULTING5.23%
    TRANSPORT1.21%MANAGEMENT4.56%
    MANAGEMENT1.17%CONSULTANCY3.62%
    CONSTRUCTION1.06%PROPERTY2.72%
    CONSULTING1.02%CONSTRUCTION2.19%
    MIDLANDS0.98%CARE2.13%
    PROPERTY0.94%ENGINEERING2.12%
    ELECTRICAL0.91%LONDON1.91%
    CONSULTANCY0.79%TRADING1.88%
    WOLVERHAMPTON0.79%TRANSPORT1.82%
    DEVELOPMENTS0.68%ELECTRICAL1.76%
    S0.64%DESIGN1.65%
    (MIDLANDS)0.64%PROPERTIES1.63%
    BUILDING0.60%CO.,1.58%
    INVESTMENTS0.60%J1.55%
    TRAINING0.60%CONSULTANTS1.54%
    HEALTHCARE0.57%BUSINESS1.49%
    D0.57%INVESTMENTS1.49%
    PROPERTIES0.57%GLOBAL1.46%
    J0.57%ASSOCIATES1.44%
    HEALTH0.57%DEVELOPMENTS1.36%
    RECRUITMENT0.57%BUILDING1.31%
    LOGISTICS0.57%IT1.30%
    GLOBAL0.53%MEDIA1.28%
    ASSOCIATES0.53%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied950288,953
    99999 - Dormant Company10749,474
    96090 - Other service activities not elsewhere classified9329,218
    82990 - Other business support service activities not elsewhere classified8358,522
    70229 - Management consultancy activities other than financial management7643,081
    62020 - Information technology consultancy activities6630,825
    86900 - Other human health activities6213,990
    49410 - Freight transport by road5612,485
    74909 - Other professional, scientific and technical activities not elsewhere classified4019,098
    47910 - Retail sale via mail order houses or via Internet3610,200
    74990 - Non-trading company3513,794
    86210 - General medical practice activities304,793
    68209 - Other letting and operating of own or leased real estate3011,600
    43999 - Other specialised construction activities not elsewhere classified299,080
    41100 - Development of building projects2911,863
    41202 - Construction of domestic buildings297,797
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating294,256
    88990 - Other social work activities without accommodation not elsewhere classified275,014
    45200 - Maintenance and repair of motor vehicles265,392
    62090 - Other information technology service activities2612,862

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09415956 JUDGE CARPETS LTD 02 Feb 2015
    09422917 VENTURE 414 LIMITED 04 Feb 2015
    09439243 LOCKY LTD 13 Feb 2015
    09440560 LANCASTER HASKINS LIMITED 16 Feb 2015
    09441978 DS SANI SERVICES LTD 16 Feb 2015
    09450208 QS FENCING LIMITED 20 Feb 2015
    09450431 QUICKA SKIPS LTD 20 Feb 2015
    09451998 INVENTORY OPTIMIZE LTD 21 Feb 2015
    09426123 NEW GROUND TRADING LIMITED 06 Feb 2015
    09429249 F.G.S.TRANSPORT LIMITED 09 Feb 2015
    09439131 NAERDA LIMITED 13 Feb 2015
    09455564 SIMI COMPUTER SOLUTIONS LTD 24 Feb 2015
    09436355 RAINBOW CREATIONS SOLUTIONS LIMITED 12 Feb 2015
    09417583 CITY CARRIERS LIMITED 02 Feb 2015
    09417969 AUBREY'S ANGELS SUPPORT SERVICES LIMITED 02 Feb 2015
    09425275 EDMORE CARPENTRY & BUILDING SERVICES LTD 05 Feb 2015
    09429325 PERIMETER VISION SECURITY LIMITED 09 Feb 2015
    09443649 TELLTAX LIMITED 17 Feb 2015
    09426097 OKTAWIAN IMPORT LTD 06 Feb 2015
    09426451 PRIMUM CONSULTANT LIMITED 06 Feb 2015
    09427003 STOIMENOV LTD 06 Feb 2015
    09429091 FARAH AND ZAIN LIMITED 09 Feb 2015
    09434424 A1 MIDLANDS CONCRETE PUMPING LIMITED 11 Feb 2015
    09436223 Q2M LIMITED 12 Feb 2015
    09436739 BAYLEY INVESTMENTS LTD 12 Feb 2015