Cardiff, Cardiff

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Cardiff 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 2,622 companies were formed in Cardiff in 2010. This total is 10.2% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearCardiffUK
    20102,622400,358
    20092,380362,675
    20082,562349,203
    20072,719457,649
    20062,613405,440
    Record Year2007 (2,719)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 1,298 companies were formed in Cardiff. This figure is 4.8% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Cardiff occurred in 2007 when a total of 1,312 were formed.

    Half Year (Jul-Dec)CardiffUK
    20101,298196,609
    20091,239180,654
    % change4.8%8.8%
    Record Year2007 (1,312)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 634 companies were registered in Cardiff during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 8.9% 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)CardiffUK
    201063495,117
    200958285,983
    % change8.9%10.6%
    Record Year 2006 (667) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010213251170
    New companies in 2009199175208
    % change7.0%43.4%-18.3%
    Record Year2007 (254)2005 (268)2009 (208)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 2,051 companies were dissolved in Cardiff in 2010. This total is 29.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearCardiffUK
    20102,051342,232
    20092,906533,773
    20081,209237,901
    20071,472220,295
    20061,433200,166
    Record Year2009 (2,906)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 1,054 companies were dissolved in Cardiff. This figure is 18.5% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Cardiff occurred in 2009 when a total of 1,293 were closed.

    Half Year (Jul-Dec)CardiffUK
    20101,054164,601
    20091,293244,537
    % change-18.5%-32.7%
    Record Year2009 (1,293)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 461 companies were dissolved in Cardiff during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 13.2% versus the same period last year (Q4 2009). This figure compares well 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)CardiffUK
    201046176,896
    200953185,136
    % change-13.2%-9.7%
    Record Year 2009 (531) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201015621491
    Closed companies in 2009188148195
    % change-17.0%44.6%-53%
    Record Year2009 (188)2010 (214)2009 (195)

Net Company Growth

  1. Annual Data (2010)

    A total of 571 companies were added to the company register for Cardiff in 2010. This number represents growth of 24.0% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 1,097 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2008 when the Cardiff company register grew by 1,353 companies.

    YearCardiffUK
    201057158,126
    2009-526-171,098
    20081,353111,302
    20071,247237,354
    20061,180205,274
    Record Year2008 (1,353)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Cardiff increased by 244 companies.

    Half Year (Jul-Dec)CardiffUK
    201024432,008
    2009-54-63,883
    Record Year2007 (609)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Cardiff during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 173 companies.

    fourth quarter (Oct 2010 - Dec 2010)CardiffUK
    201017318,221
    200951847
    Record Year 2003 (323) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010573779
    Net growth in 2009112713
    Record Year2003 (151)2007 (108)2003 (102)

UK Company Share

  1. Annual Data (2010)

    In 2010 Cardiff formed 0.7% of all UK companies. This is no change on 2009 when Cardiff was responsible for 0.7% of all UK companies.

    YearCardiff
    20100.7%
    20090.7%
    20080.7%
    20070.6%
    20060.6%
    Record Year (since 1960)1971 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Cardiff formed 0.7% of all UK companies. This is the same as the 2009 figure of 0.7%.

    Half Year (Jul-Dec)Cardiff
    20100.7%
    20090.7%
    20080.7%
    20070.7%
    20060.7%
    Record Year (since 1960) 1971 (0.8%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Cardiff formed 0.7% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Cardiff
    20100.7%
    20090.7%
    20080.6%
    20070.8%
    20060.7%
    Record Year (since 1960) 1961 (0.9%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.6%0.7%0.6%
    UK formation share in 20090.7%0.6%0.8%
    % change-6.2%28.2%-22.2%
    Record Year1971 (1.0%)1961 (1.2%)1971 (0.9%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.7.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.3% 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 43.8.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.9% 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 44.6.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.3% 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 Cardiff was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Cardiff in 2010 was 26.5%. 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 Cardiff was 1860 when 42.9% of all directors were female.

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

    21.9% of all director appointments in Cardiff 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
    CO.,2.49%CONSULTING5.06%
    INTERNATIONAL2.14%MANAGEMENT5.01%
    CARDIFF1.60%CONSULTANCY3.14%
    MANAGEMENT1.57%PROPERTY2.36%
    TRADE1.49%TRADING2.11%
    TRADING1.20%ASSOCIATES1.95%
    SALES1.17%DESIGN1.92%
    CONSULTING0.97%BUSINESS1.82%
    INDUSTRIAL0.91%CONSTRUCTION1.82%
    CONSULTANCY0.91%CONSULTANTS1.76%
    (CARDIFF)0.89%MEDIA1.71%
    GLOBAL0.83%ENGINEERING1.62%
    BUSINESS0.77%LONDON1.60%
    ENERGY0.69%CARE1.45%
    WALES0.66%INVESTMENTS1.44%
    UNIVERSAL0.66%GLOBAL1.43%
    SYSTEMS0.63%J1.42%
    PROJECTS0.63%IT1.41%
    MEDIA0.60%PROPERTIES1.34%
    PROPERTY0.60%INTERNATIONAL1.34%
    DEVELOPMENT0.60%BUILDING1.34%
    NLR0.60%M1.30%
    (WALES)0.54%ELECTRICAL1.25%
    CONSTRUCTION0.51%SYSTEMS1.24%
    IMPORT0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,033199,572
    74990 - Non-trading company3788,243
    7499 - Non-trading company29812,000
    7487 - Other business activities24463,348
    82990 - Other business support service activities not elsewhere classified9827,550
    9999 - Dormant Company8620,144
    99999 - Dormant Company6916,285
    70229 - Management consultancy activities other than financial management4814,505
    62090 - Other information technology service activities416,330
    7414 - Business & management consultancy3913,474
    96090 - Other service activities not elsewhere classified368,799
    9305 - Other service activities338,858
    62020 - Information technology consultancy activities339,177
    7260 - Other computer related activities338,089
    4521 - General construction & civil engineering296,598
    68320 - Management of real estate on a fee or contract basis283,097
    74909 - Other professional, scientific and technical activities not elsewhere classified287,088
    5530 - Restaurants244,939
    7011 - Development & sell real estate222,949
    68100 - Buying and selling of own real estate212,446

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07413984 HAWDON PROPERTY SOLUTIONS LIMITED 20 Oct 2010
    07403362 FINEST SAFFRON LTD 11 Oct 2010
    07415839 MEDINA LYNCH LIMITED 22 Oct 2010
    07413939 HARVEST CONNECT GROUP LTD 20 Oct 2010
    07400777 G S Y DESIGN LIMITED 08 Oct 2010
    07400529 MULTISPORT LTD 07 Oct 2010
    OC358959 PARTNERIAETH TDE ASSOCIATES LLP 22 Oct 2010
    07423554 WOKO WOCO LIMITED 29 Oct 2010
    07421226 TRUSTY MARINE LIMITED 27 Oct 2010
    07417255 GARTENART (CONSTRUCTION) LIMITED 25 Oct 2010
    07414571 BAMBA LTD 21 Oct 2010
    07411696 MEDIA GRASP LIMITED 19 Oct 2010
    07410242 KAY CONTRACTING SERVICES LTD 18 Oct 2010
    07400186 WIN WITH QUINN LTD 07 Oct 2010
    OC358642 HUGH JAMES LLP 13 Oct 2010
    07424196 TAC INTERNATIONAL TRADING CO., LTD 29 Oct 2010
    07424115 SHANGHAI YADELI INDUSTRIAL&TRADE CO., LIMITED 29 Oct 2010
    07421250 ASIAN EXPO COMPANY LIMITED 27 Oct 2010
    07418533 BARRINGTON ENERGY GROUP LTD 25 Oct 2010
    07417501 LAST MILE SOLUTIONS LTD 25 Oct 2010
    07411036 CHONGQING YINGANG INTERNATIONAL TRADING CO., LTD 18 Oct 2010
    07422184 MATCHFRAME EDITING LTD 28 Oct 2010
    07420438 LIBOTECH LIMITED 27 Oct 2010
    07418739 CONSTRUCTION SOLUTIONS & CONSULTING LIMITED 26 Oct 2010
    07413777 COACH-HOUSE SALES AND LETTINGS LTD 20 Oct 2010