Birmingham, West Midlands
2010 Half Year Business Confidence Report
Headlines
- April 2010 saw a new record in company closures in Birmingham when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 4,326 companies were formed in Birmingham. This figure is 5.8% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Birmingham occurred in 2006 when a total of 8,984 were formed.
Half Year (Jan-Jun) Birmingham UK 2010 4,326 203,749 2009 4,088 182,021 % change 5.8% 11.9% Record Year 2006 (8,984) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 2,124 companies were registered in Birmingham during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 7.8% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Birmingham UK 2010 2,124 98,612 2009 1,971 90,987 % change 7.8% 8.4% Record Year 2006 (4,329) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 682 673 769 New companies in 2009 657 613 701 % change 3.8% 9.8% 9.7% Record Year 2007 (1,526) 2006 (1,553) 2006 (1,447)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 7,461 companies were dissolved in Birmingham. This figure is 34.1% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Birmingham occurred in 2009 when a total of 11,317 were closed.
Half Year (Jan-Jun) Birmingham UK 2010 7,461 177,631 2009 11,317 289,236 % change -34.1% -38.6% Record Year 2009 (11,317) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 4,814 companies were dissolved in Birmingham during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 36.7% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Birmingham UK 2010 4,814 94,954 2009 7,611 181,176 % change -36.7% -47.6% Record Year 2009 (7,611) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
April 2010 saw a new record in company closures in Birmingham when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2010 1,655 1,848 1,311 Closed companies in 2009 1,502 3,311 2,798 % change 10.2% -44.2% -53% Record Year 2010 (1,655) 2009 (3,311) 2009 (2,798)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Birmingham decreased by 3,135 companies.
Half Year (Jan-Jun) Birmingham UK 2010 -3,135 26,118 2009 -7,229 -107,215 Record Year 2006 (7,254) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Birmingham during the second quarter of 2010 (Apr 2010 - Jun 2010) was -2,690 companies.
second quarter (Apr 2010 - Jun 2010) Birmingham UK 2010 -2,690 3,658 2009 -5,640 -90,189 Record Year 2006 (3,392) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 -973 -1,175 -542 Net growth in 2009 -845 -2,698 -2,097 Record Year 2007 (1,213) 2006 (1,306) 2006 (1,071)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Birmingham formed 2.1% of all UK companies. This is less than the 2009 figure of 2.2%.
Half Year (Jan-Jun) Birmingham 2010 2.1% 2009 2.2% 2008 2.9% 2007 2.8% 2006 4.2% Record Year (since 1960) 2006 (4.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Birmingham formed 2.2% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Birmingham 2010 2.2% 2009 2.2% 2008 3.0% 2007 3.5% 2006 4.1% Record Year (since 1960) 2006 (4.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 2.0% 2.2% 2.2% UK formation share in 2009 2.1% 2.1% 2.2% % change -4.5% 4.6% -1.3% Record Year 2005 (3.9%) 2006 (4.4%) 2006 (4.4%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 42.2.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 41.9.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Birmingham was 1861 when 40.0% of all directors were female.
21.8% of all director appointments in Birmingham in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Birmingham was in 1866 when 66.7% of all directors were female.
21.7% of all director appointments in Birmingham in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.04% MANAGEMENT 5.01% TRADING 1.49% CONSULTING 4.79% BIRMINGHAM 1.28% CONSULTANCY 3.02% CONSULTING 1.20% PROPERTY 2.40% (10) 0.97% ASSOCIATES 2.02% COMMUNITY 0.85% TRADING 2.01% CARE 0.85% DESIGN 1.91% SERVICE 0.84% CONSTRUCTION 1.85% MARKETING 0.80% MEDIA 1.80% (MIDLANDS) 0.79% BUSINESS 1.75% PROPERTY 0.79% CONSULTANTS 1.71% CENTRE 0.76% INTERNATIONAL 1.59% (2010) 0.74% ENGINEERING 1.56% SECURITY 0.74% LONDON 1.52% CONSULTANCY 0.74% INVESTMENTS 1.49% BUSINESS 0.74% J 1.46% MEDIA 0.73% CARE 1.41% GLOBAL 0.73% GLOBAL 1.39% INTERNATIONAL 0.72% PROPERTIES 1.35% ASSOCIATES 0.71% BUILDING 1.33% MIDLANDS 0.71% M 1.29% M 0.68% IT 1.28% (BIRMINGHAM) 0.65% ELECTRICAL 1.27% S 0.64% GROUP 1.25% DESIGN 0.61% DEVELOPMENTS 1.25%
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 6,135 68,525 None Supplied 5,126 207,125 82990 - Other business support service activities not elsewhere classified 2,369 25,942 5227 - Other retail food etc. specialised 303 1,068 9999 - Dormant Company 279 19,842 99999 - Dormant Company 222 14,342 5530 - Restaurants 203 4,879 7499 - Non-trading company 203 13,997 7414 - Business & management consultancy 175 14,598 9305 - Other service activities 164 8,822 7260 - Other computer related activities 142 9,122 96090 - Other service activities not elsewhere classified 134 7,922 70229 - Management consultancy activities other than financial management 123 13,490 7011 - Development & sell real estate 111 4,579 74990 - Non-trading company 96 7,893 4521 - General construction & civil engineering 94 8,262 62020 - Information technology consultancy activities 89 8,590 86900 - Other human health activities 87 3,450 7222 - Other software consultancy and supply 78 8,285 56101 - Licensed restaurants 72 2,203
Recent Companies
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Randomly selected companies from this quarter
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