Bromsgrove, Worcestershire

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company closures in Bromsgrove when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Bromsgrove when compared to any previous second half year.
  • November 2010 saw a new record in company closures in Bromsgrove 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 290 companies were formed in Bromsgrove in 2010. This total is 7.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBromsgroveUK
    2010290400,358
    2009270362,675
    2008287349,203
    2007305457,649
    2006295405,440
    Record Year2003 (359)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 139 companies were formed in Bromsgrove. This figure is 12.1% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Bromsgrove occurred in 2002 when a total of 162 were formed.

    Half Year (Jul-Dec)BromsgroveUK
    2010139196,609
    2009124180,654
    % change12.1%8.8%
    Record Year2002 (162)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 74 companies were registered in Bromsgrove during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 32.1% versus the same period last year (Q4 2009). This figure compares well 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)BromsgroveUK
    20107495,117
    20095685,983
    % change32.1%10.6%
    Record Year 2003 (93) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010223022
    New companies in 2009211817
    % change4.8%66.7%29.4%
    Record Year2003 (35)2006 (35)2003 (31)

Closed Companies (dissolved)

  1. Annual Data (2010)

    2010 was a record year for company closures in Bromsgrove when compared to any year in history.

    A total of 276 companies were dissolved in Bromsgrove in 2010. This total is 4.9% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBromsgroveUK
    2010276342,232
    2009263533,773
    2008124237,901
    2007137220,295
    2006128200,166
    Record Year2010 (276)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Bromsgrove when compared to any previous second half year.

    In the second half of 2010 a total of 150 companies were dissolved in Bromsgrove. This figure is 42.9% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Bromsgrove occurred in 2010 when a total of 150 were closed.

    Half Year (Jul-Dec)BromsgroveUK
    2010150164,601
    2009105244,537
    % change42.9%-32.7%
    Record Year2010 (150)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 58 companies were dissolved in Bromsgrove during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 3.3% 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)BromsgroveUK
    20105876,896
    20096085,136
    % change-3.3%-9.7%
    Record Year 2009 (60) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Bromsgrove when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010202513
    Closed companies in 2009201921
    % change0.0%31.6%-38%
    Record Year2009 (20)2010 (25)2009 (21)

Net Company Growth

  1. Annual Data (2010)

    A total of 14 companies were added to the company register for Bromsgrove in 2010. This number represents growth of 5.2% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 7 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Bromsgrove company register grew by 270 companies.

    YearBromsgroveUK
    20101458,126
    20097-171,098
    2008163111,302
    2007168237,354
    2006167205,274
    Record Year2003 (270)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Bromsgrove decreased by 11 companies.

    Half Year (Jul-Dec)BromsgroveUK
    2010-1132,008
    200919-63,883
    Record Year2003 (117)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Bromsgrove during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 16 companies.

    fourth quarter (Oct 2010 - Dec 2010)BromsgroveUK
    20101618,221
    2009-4847
    Record Year 2003 (75) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010259
    Net growth in 20091-1-4
    Record Year2003 (30)2003 (23)2003 (22)

UK Company Share

  1. Annual Data (2010)

    In 2010 Bromsgrove formed 0.1% of all UK companies. This is no change on 2009 when Bromsgrove was responsible for 0.1% of all UK companies.

    YearBromsgrove
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1982 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Bromsgrove formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Bromsgrove
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1991 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Bromsgrove formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Bromsgrove
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1982 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-8.3%49.0%23.3%
    Record Year1960 (0.2%)1982 (0.2%)1964 (0.4%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.3.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.7% 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 45.4.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 5.4% 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 44.1.

    The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.4% 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 Bromsgrove was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Bromsgrove in 2010 was 29.8%. 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 Bromsgrove was 1860 when 42.9% of all directors were female.

    20.3% of all director appointments in Bromsgrove 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 Bromsgrove was in 1977 when 31.1% of all directors were female.

    20.1% of all director appointments in Bromsgrove 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
    MANAGEMENT1.83%CONSULTING5.06%
    CONSULTING1.28%MANAGEMENT5.01%
    ELECTRICAL1.10%CONSULTANCY3.14%
    BROMSGROVE0.91%PROPERTY2.36%
    SYSTEMS0.91%TRADING2.11%
    ASSOCIATES0.73%ASSOCIATES1.95%
    HOUSE0.73%DESIGN1.92%
    CONSULTANCY0.73%BUSINESS1.82%
    S0.73%CONSTRUCTION1.82%
    BUSINESS0.55%CONSULTANTS1.76%
    PLUMBING0.55%MEDIA1.71%
    CIC0.55%ENGINEERING1.62%
    SECURITY0.55%LONDON1.60%
    20100.55%CARE1.45%
    ALLIANCE0.55%INVESTMENTS1.44%
    INVESTMENTS0.55%GLOBAL1.43%
    K0.55%J1.42%
    WEST0.55%IT1.41%
    B0.55%PROPERTIES1.34%
    DEVELOPMENT0.55%INTERNATIONAL1.34%
    CONSTRUCTION0.55%BUILDING1.34%
    MOTOR0.55%M1.30%
    C0.55%ELECTRICAL1.25%
    MARKETING0.55%SYSTEMS1.24%
    HOLDINGS0.37%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied107199,572
    7487 - Other business activities7063,348
    82990 - Other business support service activities not elsewhere classified3527,550
    70229 - Management consultancy activities other than financial management1414,505
    99999 - Dormant Company1416,285
    62020 - Information technology consultancy activities109,177
    9999 - Dormant Company920,144
    74990 - Non-trading company98,243
    7414 - Business & management consultancy713,474
    4521 - General construction & civil engineering76,598
    9305 - Other service activities78,858
    6523 - Other financial intermediation62,178
    7499 - Non-trading company612,000
    70100 - Activities of head offices62,862
    43210 - Electrical installation62,980
    62090 - Other information technology service activities56,330
    41100 - Development of building projects53,765
    4534 - Other building installation52,357
    7450 - Labour recruitment52,783
    49410 - Freight transport by road52,008

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07455746 OAKLAND BE LIMITED 30 Nov 2010
    07455610 COGNITOR AUDIT SERVICES LTD 30 Nov 2010
    07454903 ANDREW PHILLIPS INSURANCE BROKERS LTD 30 Nov 2010
    07453848 UTILITY ASSET MANAGEMENT (UK) LIMITED 29 Nov 2010
    07447556 GRANITE MARBLE AND COMPOSITE INTERIORS LTD 23 Nov 2010
    07447526 PURPLE GRANITE LTD 22 Nov 2010
    07434745 TROTH SOLUTIONS LIMITED 09 Nov 2010
    07431009 WVRH LTD 05 Nov 2010
    07427167 G H WATKINS CONSTRUCTION LIMITED 02 Nov 2010
    07425197 SKY COMPUTING LTD 01 Nov 2010
    OC359227 HME LOGISTICS LLP 03 Nov 2010
    07453052 JOAG LTD 29 Nov 2010
    07451979 DY CRUISES LTD 26 Nov 2010
    07446187 PJ BROMSGROVE LTD 22 Nov 2010
    07444463 JUNCTION ONE VEHICLES LTD 18 Nov 2010
    07443444 GB ACCOUNTANCY SERVICES LTD 18 Nov 2010
    07440469 UK DOORS & MORE LTD 15 Nov 2010
    07440419 K DOORSS LTD 15 Nov 2010
    07436560 FIRST RATE ENERGY LTD 11 Nov 2010
    07434877 MENDIP CREATIVE LTD 10 Nov 2010
    07431784 PRESTIGE HOLIDAY RENTALS & SALES LIMITED 08 Nov 2010
    07430004 NIKOLAY TISHINOV LIMITED 04 Nov 2010
    07429555 CONECTAPIPE LTD 04 Nov 2010
    07429400 NPC RETAIL LIMITED 04 Nov 2010
    07427025 THE MEADOWS (CATSHILL) LIMITED 02 Nov 2010

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