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
    09464742 RS LOGISTIC SOLUTION LIMITED 02 Mar 2015
    09468833 HERBIES CLUB LTD 03 Mar 2015
    09469685 CALOR-COAL LTD 04 Mar 2015
    09475851 JL ACCOUNTS LIMITED 06 Mar 2015
    09476489 UK COLDESTORE SPECIALIST LTD 06 Mar 2015
    09485258 SEATING DIRECT HOLDINGS LTD 12 Mar 2015
    09487324 VANBRUGH CONSTRUCTION (INDIA) LIMITED 12 Mar 2015
    09496567 AFIFI MEDICAL LIMITED 18 Mar 2015
    09505113 VELOCITY COMMUNICATIONS LIMITED 23 Mar 2015
    09506215 EASY LIVING MOTORHOMES LIMITED 24 Mar 2015
    09507723 LACEY JOYS LTD 25 Mar 2015
    09469465 ROSEKEFFT LTD 04 Mar 2015
    09470990 ROBOCAM SYSTEMS LIMITED 04 Mar 2015
    09475027 TRILOGY COUNSELLING LIMITED 06 Mar 2015
    09484868 EASY SKYNET LIMITED 12 Mar 2015
    09485421 SUSAMMA CHIRANAKAL LTD 12 Mar 2015
    09486794 INFISMART LIMITED 12 Mar 2015
    09477056 T WALL COMMERCIAL SERVICES LIMITED 09 Mar 2015
    09481874 YOUR PROTEIN (MIDLANDS) LTD 10 Mar 2015
    09492112 1ST CALL STAFFING SOLUTIONS LTD 16 Mar 2015
    09511878 DON SYLVER PROFESSIONALS LIMITED 26 Mar 2015
    09515661 ASHLEYAND ANISH LIMITED 28 Mar 2015
    09512772 ASR BUILDERS LIMITED 26 Mar 2015
    09514861 FABRICOLOGY LIMITED 27 Mar 2015
    09511957 JPW CONSULTANCY LTD 26 Mar 2015