Birmingham, West Midlands
Q1 2010 Business Confidence Report
Headlines
- January 2010 saw a new record in company closures in Birmingham when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 2,202 companies were registered in Birmingham during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 4.0% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Birmingham UK 2010 2,202 105,137 2009 2,117 91,034 % change 4.0% 15.5% Record Year 2006 (4,655) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 626 706 870 New companies in 2009 675 665 777 % change -7.3% 6.2% 12.0% Record Year 2006 (1,499) 2006 (1,363) 2006 (1,793)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 2,647 companies were dissolved in Birmingham during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 28.6% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Birmingham UK 2010 2,647 82,677 2009 3,706 108,060 % change -28.6% -23.5% Record Year 2009 (3,706) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
January 2010 saw a new record in company closures in Birmingham when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 661 824 1,162 Closed companies in 2009 506 903 2,297 % change 30.6% -8.7% -49% Record Year 2010 (661) 2009 (903) 2009 (2,297)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Birmingham during the first quarter of 2010 (Jan 2010 - Mar 2010) was -445 companies.
first quarter (Jan 2010 - Mar 2010) Birmingham UK 2010 -445 22,460 2009 -1,589 -17,026 Record Year 2006 (3,862) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 -35 -118 -292 Net growth in 2009 169 -238 -1,520 Record Year 2006 (1,171) 2006 (1,124) 2006 (1,567)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Birmingham formed 2.1% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Birmingham 2010 2.1% 2009 2.3% 2008 2.9% 2007 2.3% 2006 4.3% Record Year (since 1960) 2006 (4.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 2.1% 2.1% 2.0% UK formation share in 2009 2.5% 2.3% 2.2% % change -13.9% -9.1% -7.0% Record Year 2006 (4.7%) 2006 (4.0%) 2006 (4.1%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 42.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Birmingham was in 1861 when 40.0% of all directors were female.
22.0% of all director appointments in Birmingham in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.08% MANAGEMENT 5.01% (2010) 1.38% CONSULTING 4.60% TRADING 1.35% CONSULTANCY 2.87% CONSULTING 1.14% PROPERTY 2.50% BIRMINGHAM 1.14% ASSOCIATES 2.04% SERVICE 1.02% TRADING 1.93% (10) 1.00% DESIGN 1.91% PROPERTY 0.94% CONSTRUCTION 1.87% MEDIA 0.86% MEDIA 1.84% CARE 0.81% BUSINESS 1.74% MARKETING 0.80% INTERNATIONAL 1.73% INTERNATIONAL 0.80% CONSULTANTS 1.63% COMMUNITY 0.74% ENGINEERING 1.54% CENTRE 0.72% J 1.48% GLOBAL 0.72% LONDON 1.45% CONSULTANCY 0.66% INVESTMENTS 1.45% M 0.66% GROUP 1.37% CITY 0.66% GLOBAL 1.35% MIDLANDS 0.65% PROPERTIES 1.35% (MIDLANDS) 0.65% BUILDING 1.34% ASSOCIATES 0.64% CARE 1.33% SECURITY 0.63% ELECTRICAL 1.30% S 0.63% M 1.28% BUSINESS 0.62% SYSTEMS 1.25% TRAINING 0.59% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies 7487 - Other business activities 7,051 74,904 None Supplied 6,180 228,645 82990 - Other business support service activities not elsewhere classified 2,689 26,974 5227 - Other retail food etc. specialised 311 1,035 9999 - Dormant Company 280 19,948 7414 - Business & management consultancy 224 17,003 99999 - Dormant Company 220 13,808 7499 - Non-trading company 210 15,398 5530 - Restaurants 193 4,798 9305 - Other service activities 165 9,038 7260 - Other computer related activities 143 10,331 96090 - Other service activities not elsewhere classified 132 8,154 70229 - Management consultancy activities other than financial management 122 14,007 7011 - Development & sell real estate 116 5,300 4521 - General construction & civil engineering 105 9,325 7222 - Other software consultancy and supply 96 9,659 74990 - Non-trading company 95 8,149 62020 - Information technology consultancy activities 93 9,943 86900 - Other human health activities 79 3,445 74909 - Other professional, scientific and technical activities not elsewhere classified 71 7,143
Recent Companies
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Randomly selected companies from this quarter
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