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

  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. 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.

    YearBirminghamUK
    20108,504400,358
    20097,946362,675
    20089,969349,203
    200713,410457,649
    200617,211405,440
    Record Year2006 (17,211)2007 (457,649)
    New Companies by Year
  2. 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)BirminghamUK
    20104,178196,609
    20093,858180,654
    % change8.3%8.8%
    Record Year2006 (8,227)2003 (201,446)
    New Companies by Half Year
  3. 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)BirminghamUK
    20102,02695,117
    20091,82385,983
    % change11.1%10.6%
    Record Year 2006 (4,101) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010754684588
    New companies in 2009679649495
    % change11.0%5.4%18.8%
    Record Year2006 (1,384)2006 (1,561)2005 (1,197)

Closed Companies (dissolved)

  1. 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.

    YearBirminghamUK
    201013,986342,232
    200918,790533,773
    20086,715237,901
    20076,298220,295
    20064,208200,166
    Record Year2009 (18,790)2009 (533,773)
    Dissolved Companies by Year
  2. 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)BirminghamUK
    20106,525164,601
    20097,473244,537
    % change-12.7%-32.7%
    Record Year2009 (7,473)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)BirminghamUK
    20103,18976,896
    20093,21785,136
    % change-0.9%-9.7%
    Record Year 2009 (3,217) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20101,1301,538521
    Closed companies in 20091,424863930
    % change-20.6%78.2%-44%
    Record Year2009 (1,424)2010 (1,538)2009 (930)

Net Company Growth

  1. 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.

    YearBirminghamUK
    2010-5,48258,126
    2009-10,844-171,098
    20083,254111,302
    20077,112237,354
    200613,003205,274
    Record Year2006 (13,003)2003 (242,543)
    Net Growth by Year
  2. 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)BirminghamUK
    2010-2,34732,008
    2009-3,615-63,883
    Record Year2006 (5,749)2003 (117,772)
    Net Growth by Half Year
  3. 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)BirminghamUK
    2010-1,16318,221
    2009-1,394847
    Record Year 2006 (2,773) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-376-85467
    Net growth in 2009-745-214-435
    Record Year2006 (871)2006 (1,036)2005 (884)

UK Company Share

  1. 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.

    YearBirmingham
    20102.1%
    20092.2%
    20082.9%
    20072.9%
    20064.2%
    Record Year (since 1960)2006 (4.2%)
    Company Share by Year
  2. 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
    20102.1%
    20092.1%
    20082.8%
    20073.2%
    20064.3%
    Record Year (since 1960) 2006 (4.3%)
    Company Share by Half Year
  3. 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
    20102.1%
    20092.1%
    20082.5%
    20073.1%
    20064.3%
    Record Year (since 1960) 2006 (4.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20102.2%2.0%2.2%
    UK formation share in 20092.3%2.1%1.9%
    % change-2.8%-5.8%13.0%
    Record Year2006 (3.9%)2006 (4.6%)2005 (4.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.00%CONSULTING5.06%
    TRADING1.48%MANAGEMENT5.01%
    BIRMINGHAM1.26%CONSULTANCY3.14%
    CONSULTING1.16%PROPERTY2.36%
    CARE1.00%TRADING2.11%
    (GB)0.99%ASSOCIATES1.95%
    CONSULTANCY0.76%DESIGN1.92%
    (BIRMINGHAM)0.75%BUSINESS1.82%
    BUSINESS0.75%CONSTRUCTION1.82%
    PROPERTY0.74%CONSULTANTS1.76%
    MEDIA0.71%MEDIA1.71%
    (2018)0.71%ENGINEERING1.62%
    S0.71%LONDON1.60%
    COMMUNITY0.69%CARE1.45%
    CENTRE0.69%INVESTMENTS1.44%
    ASSOCIATES0.69%GLOBAL1.43%
    (MIDLANDS)0.68%J1.42%
    SECURITY0.67%IT1.41%
    GLOBAL0.67%PROPERTIES1.34%
    DESIGN0.66%INTERNATIONAL1.34%
    MARKETING0.65%BUILDING1.34%
    M0.63%M1.30%
    MIDLANDS0.62%ELECTRICAL1.25%
    PROPERTIES0.62%SYSTEMS1.24%
    TRADE0.59%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,698199,572
    7487 - Other business activities4,37863,348
    82990 - Other business support service activities not elsewhere classified2,13627,550
    5227 - Other retail food etc. specialised3291,141
    9999 - Dormant Company29420,144
    99999 - Dormant Company24916,285
    5530 - Restaurants2174,939
    7499 - Non-trading company18212,000
    9305 - Other service activities1628,858
    7414 - Business & management consultancy14313,474
    96090 - Other service activities not elsewhere classified1408,799
    70229 - Management consultancy activities other than financial management13014,505
    7260 - Other computer related activities1148,089
    74990 - Non-trading company1098,243
    62020 - Information technology consultancy activities1009,177
    86900 - Other human health activities943,700
    56103 - Take-away food shops and mobile food stands921,435
    56101 - Licensed restaurants872,446
    7011 - Development & sell real estate792,949
    74909 - Other professional, scientific and technical activities not elsewhere classified767,088

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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