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

  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 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)BirminghamUK
    20102,202105,137
    20092,11791,034
    % change4.0%15.5%
    Record Year 2006 (4,655) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010626706870
    New companies in 2009675665777
    % change-7.3%6.2%12.0%
    Record Year2006 (1,499)2006 (1,363)2006 (1,793)

Closed Companies (dissolved)

  1. 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)BirminghamUK
    20102,64782,677
    20093,706108,060
    % change-28.6%-23.5%
    Record Year 2009 (3,706) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20106618241,162
    Closed companies in 20095069032,297
    % change30.6%-8.7%-49%
    Record Year2010 (661)2009 (903)2009 (2,297)

Net Company Growth

  1. 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)BirminghamUK
    2010-44522,460
    2009-1,589-17,026
    Record Year 2006 (3,862) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-35-118-292
    Net growth in 2009169-238-1,520
    Record Year2006 (1,171)2006 (1,124)2006 (1,567)

UK Company Share

  1. 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
    20102.1%
    20092.3%
    20082.9%
    20072.3%
    20064.3%
    Record Year (since 1960) 2006 (4.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20102.1%2.1%2.0%
    UK formation share in 20092.5%2.3%2.2%
    % change-13.9%-9.1%-7.0%
    Record Year2006 (4.7%)2006 (4.0%)2006 (4.1%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.08%MANAGEMENT5.01%
    (2010)1.38%CONSULTING4.60%
    TRADING1.35%CONSULTANCY2.87%
    CONSULTING1.14%PROPERTY2.50%
    BIRMINGHAM1.14%ASSOCIATES2.04%
    SERVICE1.02%TRADING1.93%
    (10)1.00%DESIGN1.91%
    PROPERTY0.94%CONSTRUCTION1.87%
    MEDIA0.86%MEDIA1.84%
    CARE0.81%BUSINESS1.74%
    MARKETING0.80%INTERNATIONAL1.73%
    INTERNATIONAL0.80%CONSULTANTS1.63%
    COMMUNITY0.74%ENGINEERING1.54%
    CENTRE0.72%J1.48%
    GLOBAL0.72%LONDON1.45%
    CONSULTANCY0.66%INVESTMENTS1.45%
    M0.66%GROUP1.37%
    CITY0.66%GLOBAL1.35%
    MIDLANDS0.65%PROPERTIES1.35%
    (MIDLANDS)0.65%BUILDING1.34%
    ASSOCIATES0.64%CARE1.33%
    SECURITY0.63%ELECTRICAL1.30%
    S0.63%M1.28%
    BUSINESS0.62%SYSTEMS1.25%
    TRAINING0.59%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    7487 - Other business activities7,05174,904
    None Supplied6,180228,645
    82990 - Other business support service activities not elsewhere classified2,68926,974
    5227 - Other retail food etc. specialised3111,035
    9999 - Dormant Company28019,948
    7414 - Business & management consultancy22417,003
    99999 - Dormant Company22013,808
    7499 - Non-trading company21015,398
    5530 - Restaurants1934,798
    9305 - Other service activities1659,038
    7260 - Other computer related activities14310,331
    96090 - Other service activities not elsewhere classified1328,154
    70229 - Management consultancy activities other than financial management12214,007
    7011 - Development & sell real estate1165,300
    4521 - General construction & civil engineering1059,325
    7222 - Other software consultancy and supply969,659
    74990 - Non-trading company958,149
    62020 - Information technology consultancy activities939,943
    86900 - Other human health activities793,445
    74909 - Other professional, scientific and technical activities not elsewhere classified717,143

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07136523 CHARLES RENDELL ASSOCIATES LIMITED 26 Jan 2010
    07122794 I CONCIERGE WORLD LTD 12 Jan 2010
    07140822 CLARVILLE LTD 29 Jan 2010
    07133654 BALFOR RECRUITMENT LIMITED 22 Jan 2010
    07133455 MWP (2011) LTD 22 Jan 2010
    07133429 J.D (2011) LTD 22 Jan 2010
    07133415 LKS (2011) LTD 22 Jan 2010
    07131380 MANSFIELD MANAGEMENT LTD 20 Jan 2010
    07131356 2670 LTD 20 Jan 2010
    07131350 L (88) LTD 20 Jan 2010
    07122298 GBW (UK) LTD 12 Jan 2010
    07115688 GOLDEN (2012) LTD 04 Jan 2010
    07115204 NOW (2012) LTD 04 Jan 2010
    07115168 SUN (2012) LTD 04 Jan 2010
    07140993 WORKSCAPE SOLUTIONS LIMITED 29 Jan 2010
    07139668 KSS CENTRAL LIMITED 28 Jan 2010
    07137375 DRIVE THE FUTURE LIMITED 26 Jan 2010
    07133030 DRK MARKETING LIMITED 22 Jan 2010
    07129588 S & A PROCUREMENT LIMITED 19 Jan 2010
    07128679 INGLEBY (1842) LIMITED 18 Jan 2010
    07127091 A1 SECURITY GUARDS (MIDLANDS) LIMITED 15 Jan 2010
    07125600 VOLUMATIC HOLDINGS LIMITED 14 Jan 2010
    07125349 DESIGN-SG LIMITED 14 Jan 2010
    07118431 TELECOMS BUSINESS SOLUTIONS LIMITED 07 Jan 2010
    OC351326 SKAMPAS TRADE LLP 07 Jan 2010