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

  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. 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)BirminghamUK
    20104,326203,749
    20094,088182,021
    % change5.8%11.9%
    Record Year2006 (8,984)2007 (279,097)
    New Companies by Half Year
  2. 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)BirminghamUK
    20102,12498,612
    20091,97190,987
    % change7.8%8.4%
    Record Year 2006 (4,329) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010682673769
    New companies in 2009657613701
    % change3.8%9.8%9.7%
    Record Year2007 (1,526)2006 (1,553)2006 (1,447)

Closed Companies (dissolved)

  1. 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)BirminghamUK
    20107,461177,631
    200911,317289,236
    % change-34.1%-38.6%
    Record Year2009 (11,317)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)BirminghamUK
    20104,81494,954
    20097,611181,176
    % change-36.7%-47.6%
    Record Year 2009 (7,611) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 20101,6551,8481,311
    Closed companies in 20091,5023,3112,798
    % change10.2%-44.2%-53%
    Record Year2010 (1,655)2009 (3,311)2009 (2,798)

Net Company Growth

  1. 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)BirminghamUK
    2010-3,13526,118
    2009-7,229-107,215
    Record Year2006 (7,254)2007 (171,296)
    Net Growth by Half Year
  2. 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)BirminghamUK
    2010-2,6903,658
    2009-5,640-90,189
    Record Year 2006 (3,392) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010-973-1,175-542
    Net growth in 2009-845-2,698-2,097
    Record Year2007 (1,213)2006 (1,306)2006 (1,071)

UK Company Share

  1. 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
    20102.1%
    20092.2%
    20082.9%
    20072.8%
    20064.2%
    Record Year (since 1960) 2006 (4.2%)
    Company Share by Half Year
  2. 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
    20102.2%
    20092.2%
    20083.0%
    20073.5%
    20064.1%
    Record Year (since 1960) 2006 (4.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20102.0%2.2%2.2%
    UK formation share in 20092.1%2.1%2.2%
    % change-4.5%4.6%-1.3%
    Record Year2005 (3.9%)2006 (4.4%)2006 (4.4%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.04%MANAGEMENT5.01%
    TRADING1.49%CONSULTING4.79%
    BIRMINGHAM1.28%CONSULTANCY3.02%
    CONSULTING1.20%PROPERTY2.40%
    (10)0.97%ASSOCIATES2.02%
    COMMUNITY0.85%TRADING2.01%
    CARE0.85%DESIGN1.91%
    SERVICE0.84%CONSTRUCTION1.85%
    MARKETING0.80%MEDIA1.80%
    (MIDLANDS)0.79%BUSINESS1.75%
    PROPERTY0.79%CONSULTANTS1.71%
    CENTRE0.76%INTERNATIONAL1.59%
    (2010)0.74%ENGINEERING1.56%
    SECURITY0.74%LONDON1.52%
    CONSULTANCY0.74%INVESTMENTS1.49%
    BUSINESS0.74%J1.46%
    MEDIA0.73%CARE1.41%
    GLOBAL0.73%GLOBAL1.39%
    INTERNATIONAL0.72%PROPERTIES1.35%
    ASSOCIATES0.71%BUILDING1.33%
    MIDLANDS0.71%M1.29%
    M0.68%IT1.28%
    (BIRMINGHAM)0.65%ELECTRICAL1.27%
    S0.64%GROUP1.25%
    DESIGN0.61%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    7487 - Other business activities6,13568,525
    None Supplied5,126207,125
    82990 - Other business support service activities not elsewhere classified2,36925,942
    5227 - Other retail food etc. specialised3031,068
    9999 - Dormant Company27919,842
    99999 - Dormant Company22214,342
    5530 - Restaurants2034,879
    7499 - Non-trading company20313,997
    7414 - Business & management consultancy17514,598
    9305 - Other service activities1648,822
    7260 - Other computer related activities1429,122
    96090 - Other service activities not elsewhere classified1347,922
    70229 - Management consultancy activities other than financial management12313,490
    7011 - Development & sell real estate1114,579
    74990 - Non-trading company967,893
    4521 - General construction & civil engineering948,262
    62020 - Information technology consultancy activities898,590
    86900 - Other human health activities873,450
    7222 - Other software consultancy and supply788,285
    56101 - Licensed restaurants722,203

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07261918 HMA LAW SOLICITORS LIMITED 21 May 2010
    07260677 CORPORATE SECURITY MANAGEMENT LIMITED 20 May 2010
    07259313 THE CHRISTMAS CORPORATE LIMITED 19 May 2010
    07254767 GLADSTONE AND KENT LAW LTD 14 May 2010
    07248787 INNOV8 HEALTHCARE LIMITED 11 May 2010
    07261248 BEST PAY (GB) LIMITED 21 May 2010
    07255588 BLE (2015) LIMITED 17 May 2010
    07251431 FOWEY RESTAURANT LTD 12 May 2010
    07251429 MINGS LTD 12 May 2010
    07250743 LIAM PAYNE LIMITED 12 May 2010
    07248645 HAWBARNE LTD 10 May 2010
    07248630 BALNEHALL LTD 10 May 2010
    07248431 LOWEBECK LIMITED 10 May 2010
    07242455 BLACK GOLD (18) LIMITED 04 May 2010
    07242442 WINDPLUS TRADING LIMITED 04 May 2010
    07242440 COSMO TRADING (GB) LIMITED 04 May 2010
    07242427 NORTH WING (GB) LIMITED 04 May 2010
    07242409 CUSTOM MADE TRADING LIMITED 04 May 2010
    07242404 SOUTH WING LIMITED 04 May 2010
    07242343 88 (UK) LIMITED 04 May 2010
    OC354835 THE DEREK EVANS PARTNERSHIP LLP 11 May 2010
    07259016 ENSCO TRUSTEE COMPANY LIMITED 19 May 2010
    07257936 INGLEBY (1855) LIMITED 18 May 2010
    07255056 CENTRAL BUSINESS DEVELOPMENT LIMITED 17 May 2010
    07253585 STONEGATE PRIVATE OFFICE LIMITED 13 May 2010