Birmingham, West Midlands
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Birmingham when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 8,504 companies were formed in Birmingham in 2010. This total is 7.0% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Birmingham UK 2010 8,504 400,358 2009 7,946 362,675 2008 9,969 349,203 2007 13,410 457,649 2006 17,211 405,440 Record Year 2006 (17,211) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 4,178 companies were formed in Birmingham. This figure is 8.3% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Birmingham occurred in 2006 when a total of 8,227 were formed.
Half Year (Jul-Dec) Birmingham UK 2010 4,178 196,609 2009 3,858 180,654 % change 8.3% 8.8% Record Year 2006 (8,227) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 2,026 companies were registered in Birmingham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 11.1% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Birmingham UK 2010 2,026 95,117 2009 1,823 85,983 % change 11.1% 10.6% Record Year 2006 (4,101) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 754 684 588 New companies in 2009 679 649 495 % change 11.0% 5.4% 18.8% Record Year 2006 (1,384) 2006 (1,561) 2005 (1,197)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 13,986 companies were dissolved in Birmingham in 2010. This total is 25.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Birmingham UK 2010 13,986 342,232 2009 18,790 533,773 2008 6,715 237,901 2007 6,298 220,295 2006 4,208 200,166 Record Year 2009 (18,790) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 6,525 companies were dissolved in Birmingham. This figure is 12.7% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Birmingham occurred in 2009 when a total of 7,473 were closed.
Half Year (Jul-Dec) Birmingham UK 2010 6,525 164,601 2009 7,473 244,537 % change -12.7% -32.7% Record Year 2009 (7,473) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 3,189 companies were dissolved in Birmingham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 0.9% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Birmingham UK 2010 3,189 76,896 2009 3,217 85,136 % change -0.9% -9.7% Record Year 2009 (3,217) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Birmingham when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 1,130 1,538 521 Closed companies in 2009 1,424 863 930 % change -20.6% 78.2% -44% Record Year 2009 (1,424) 2010 (1,538) 2009 (930)
Net Company Growth
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Annual Data (2010)
A total of -5,482 companies were removed to the company register for Birmingham in 2010. This number represents decline of 69.0% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 5,362 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Birmingham company register grew by 13,003 companies.
Year Birmingham UK 2010 -5,482 58,126 2009 -10,844 -171,098 2008 3,254 111,302 2007 7,112 237,354 2006 13,003 205,274 Record Year 2006 (13,003) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Birmingham decreased by 2,347 companies.
Half Year (Jul-Dec) Birmingham UK 2010 -2,347 32,008 2009 -3,615 -63,883 Record Year 2006 (5,749) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Birmingham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -1,163 companies.
fourth quarter (Oct 2010 - Dec 2010) Birmingham UK 2010 -1,163 18,221 2009 -1,394 847 Record Year 2006 (2,773) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -376 -854 67 Net growth in 2009 -745 -214 -435 Record Year 2006 (871) 2006 (1,036) 2005 (884)
UK Company Share
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Annual Data (2010)
In 2010 Birmingham formed 2.1% of all UK companies. This is a decline on 2009 when Birmingham was responsible for 2.2% of all UK companies.
Year Birmingham 2010 2.1% 2009 2.2% 2008 2.9% 2007 2.9% 2006 4.2% Record Year (since 1960) 2006 (4.2%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Birmingham formed 2.1% of all UK companies. This is the same as the 2009 figure of 2.1%.
Half Year (Jul-Dec) Birmingham 2010 2.1% 2009 2.1% 2008 2.8% 2007 3.2% 2006 4.3% Record Year (since 1960) 2006 (4.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Birmingham formed 2.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Birmingham 2010 2.1% 2009 2.1% 2008 2.5% 2007 3.1% 2006 4.3% Record Year (since 1960) 2006 (4.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 2.2% 2.0% 2.2% UK formation share in 2009 2.3% 2.1% 1.9% % change -2.8% -5.8% 13.0% Record Year 2006 (3.9%) 2006 (4.6%) 2005 (4.9%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 41.8.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 41.4.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 41.3.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Birmingham was 1857 when 36.4% of all directors were female.
The percentage of female directors in Birmingham in 2010 was 22.7%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Birmingham was 1860 when 42.9% of all directors were female.
20.3% of all director appointments in Birmingham in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Birmingham was in 1977 when 31.1% of all directors were female.
20.0% of all director appointments in Birmingham in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.00% CONSULTING 5.06% TRADING 1.48% MANAGEMENT 5.01% BIRMINGHAM 1.26% CONSULTANCY 3.14% CONSULTING 1.16% PROPERTY 2.36% CARE 1.00% TRADING 2.11% (GB) 0.99% ASSOCIATES 1.95% CONSULTANCY 0.76% DESIGN 1.92% (BIRMINGHAM) 0.75% BUSINESS 1.82% BUSINESS 0.75% CONSTRUCTION 1.82% PROPERTY 0.74% CONSULTANTS 1.76% MEDIA 0.71% MEDIA 1.71% (2018) 0.71% ENGINEERING 1.62% S 0.71% LONDON 1.60% COMMUNITY 0.69% CARE 1.45% CENTRE 0.69% INVESTMENTS 1.44% ASSOCIATES 0.69% GLOBAL 1.43% (MIDLANDS) 0.68% J 1.42% SECURITY 0.67% IT 1.41% GLOBAL 0.67% PROPERTIES 1.34% DESIGN 0.66% INTERNATIONAL 1.34% MARKETING 0.65% BUILDING 1.34% M 0.63% M 1.30% MIDLANDS 0.62% ELECTRICAL 1.25% PROPERTIES 0.62% SYSTEMS 1.24% TRADE 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 None Supplied 4,698 199,572 7487 - Other business activities 4,378 63,348 82990 - Other business support service activities not elsewhere classified 2,136 27,550 5227 - Other retail food etc. specialised 329 1,141 9999 - Dormant Company 294 20,144 99999 - Dormant Company 249 16,285 5530 - Restaurants 217 4,939 7499 - Non-trading company 182 12,000 9305 - Other service activities 162 8,858 7414 - Business & management consultancy 143 13,474 96090 - Other service activities not elsewhere classified 140 8,799 70229 - Management consultancy activities other than financial management 130 14,505 7260 - Other computer related activities 114 8,089 74990 - Non-trading company 109 8,243 62020 - Information technology consultancy activities 100 9,177 86900 - Other human health activities 94 3,700 56103 - Take-away food shops and mobile food stands 92 1,435 56101 - Licensed restaurants 87 2,446 7011 - Development & sell real estate 79 2,949 74909 - Other professional, scientific and technical activities not elsewhere classified 76 7,088
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07477017 NEW VEHICLE CONTRACTS LIMITED 22 Dec 2010 07476437 THE FREE RADIO CHARITABLE TRUST 22 Dec 2010 07468346 HIGHPOINT CONCIERGE LIMITED 13 Dec 2010 07464414 PSL PROPERTY DEVELOPMENTS LIMITED 08 Dec 2010 07458533 LIBRARY OF BIRMINGHAM DEVELOPMENT TRUST 02 Dec 2010 07476459 PRESTWOOD (GB) LIMITED 22 Dec 2010 07476440 EAST BROMWICH (GB) LIMITED 22 Dec 2010 07476429 LUDLOW (GB) LIMITED 22 Dec 2010 07476387 CHESTERFIELD (GB) LIMITED 22 Dec 2010 07476353 YMW (GB) LIMITED 22 Dec 2010 07472455 MASEBECK LTD 17 Dec 2010 07472451 WALDCOMBE LTD 17 Dec 2010 07472449 WOODDOVE LTD 17 Dec 2010 07463989 ELITE INVESTMENT CONSULTANCY LIMITED 08 Dec 2010 07461781 HEATH TOWN (18) LIMITED 07 Dec 2010 07461760 PORTLAND (GB) LIMITED 07 Dec 2010 07461750 SANDY LANE (18) LIMITED 07 Dec 2010 07461727 HAYWOOD (GB) LIMITED 07 Dec 2010 07461658 WESTEND (GB) LIMITED 07 Dec 2010 07461588 WEST DART LIMITED 07 Dec 2010 07461564 LITTLE ROAD LIMITED 06 Dec 2010 07477996 TWP (NEWCO) 93 LIMITED 23 Dec 2010 07477937 STAFFBOOK LIMITED 23 Dec 2010 07477409 PAYMASTER CONTRACTS LIMITED 23 Dec 2010 07475279 INGLEBY (1860) LIMITED 21 Dec 2010
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