Dudley, West Midlands

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Dudley when compared to any previous Q1.
  • January 2010 saw a new record in company closures in Dudley when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 123 companies were registered in Dudley during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 16.0% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)DudleyUK
    2010123105,137
    200910691,034
    % change16.0%15.5%
    Record Year 2006 (129) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010323853
    New companies in 2009322153
    % change0.0%81.0%0.0%
    Record Year2004 (41)2008 (40)2008 (56)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Dudley when compared to any previous Q1.

    A total of 100 companies were dissolved in Dudley during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 8.7% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)DudleyUK
    201010082,677
    200992108,060
    % change8.7%-23.5%
    Record Year 2010 (100) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Dudley when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010302545
    Closed companies in 200981965
    % change275.0%31.6%-31%
    Record Year2010 (30)2008 (29)2009 (65)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Dudley during the first quarter of 2010 (Jan 2010 - Mar 2010) was 23 companies.

    first quarter (Jan 2010 - Mar 2010)DudleyUK
    20102322,460
    200914-17,026
    Record Year 2006 (88) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20102138
    Net growth in 2009242-12
    Record Year2006 (24)2006 (27)2008 (53)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Dudley formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Dudley
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1974 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-7.2%55.0%-16.9%
    Record Year1976 (0.8%)1967 (0.6%)1962 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 42.1.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Dudley was in 1861 when 40.0% of all directors were female.

    26.1% of all director appointments in Dudley in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.04%MANAGEMENT5.01%
    L0.91%CONSULTING4.60%
    ENGINEERING0.91%CONSULTANCY2.87%
    CARE0.91%PROPERTY2.50%
    (MIDLANDS)0.91%ASSOCIATES2.04%
    DEVELOPMENTS0.91%TRADING1.93%
    CONSTRUCTION0.91%DESIGN1.91%
    M0.91%CONSTRUCTION1.87%
    HIRE0.78%MEDIA1.84%
    (DUDLEY)0.78%BUSINESS1.74%
    ELECTRICAL0.78%INTERNATIONAL1.73%
    CAR0.65%CONSULTANTS1.63%
    J0.65%ENGINEERING1.54%
    TRAINING0.65%J1.48%
    CONTRACTORS0.65%LONDON1.45%
    SECURITY0.65%INVESTMENTS1.45%
    T0.65%GROUP1.37%
    DESIGN0.65%GLOBAL1.35%
    COMMERCIAL0.52%PROPERTIES1.35%
    CONSULTING0.52%BUILDING1.34%
    R0.52%CARE1.33%
    ASSOCIATES0.52%ELECTRICAL1.30%
    G0.52%M1.28%
    HOUSE0.52%SYSTEMS1.25%
    CENTRE0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied201228,645
    7487 - Other business activities6074,904
    9999 - Dormant Company2419,948
    4521 - General construction & civil engineering209,325
    99999 - Dormant Company2013,808
    82990 - Other business support service activities not elsewhere classified1626,974
    74990 - Non-trading company138,149
    70229 - Management consultancy activities other than financial management1214,007
    7414 - Business & management consultancy1217,003
    7499 - Non-trading company1115,398
    43210 - Electrical installation103,163
    96090 - Other service activities not elsewhere classified98,154
    4545 - Other building completion93,346
    49410 - Freight transport by road82,152
    43999 - Other specialised construction activities not elsewhere classified83,069
    9305 - Other service activities89,038
    4531 - Installation electrical wiring etc.82,729
    68209 - Other letting and operating of own or leased real estate74,131
    41100 - Development of building projects74,513
    43220 - Plumbing, heat and air-conditioning installation72,179

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07139500 FASHION LINK (DUDLEY) LTD 28 Jan 2010
    07136667 FINOLOGY LTD 26 Jan 2010
    07131802 VANGUARD B2B LIMITED 21 Jan 2010
    07127270 JINNAH LANGUAGES AND SKILLS COLLEGE LIMITED 16 Jan 2010
    07127174 P.D. SERVICES (MIDLANDS) LTD 15 Jan 2010
    07123143 SAFETRACK ACCIDENT CLAIMS LIMITED 12 Jan 2010
    07122595 BRECKS FOOD LIMITED 12 Jan 2010
    07122336 MEDICAL LOCUM SOLUTION LIMITED 12 Jan 2010
    07121906 R F R CONTRACTORS LIMITED 11 Jan 2010
    07118966 PARAGON SYSTEMS LTD 07 Jan 2010
    07139410 HAGLEY INSURANCE BROKERS LIMITED 28 Jan 2010
    07135383 PASS-AUTOMATIC LIMITED 25 Jan 2010
    07131208 UK BUSINESS RATES DATA AGENCY LIMITED 20 Jan 2010
    07129229 GREEN EQUILIBRIUM LIMITED 19 Jan 2010
    07128517 VA INTERNATIONAL LTD 18 Jan 2010
    07127232 B. G. STEEL TRADING LIMITED 16 Jan 2010
    07123938 DUDLEY INSTALLATIONS LTD 13 Jan 2010
    07123920 STRUCTURAL STEELWORK LIMITED 13 Jan 2010
    07122458 UNDERLYING TRUTH LIMITED 12 Jan 2010
    07120982 GREEN LIGHT - MUSLIM YOUTH FORUM (DUDLEY) 09 Jan 2010
    07119912 CREATIVATION COMMUNITY VENTURES CIC 08 Jan 2010
    07136437 COUNTY CONSTRUCTION BUILDING CONTRACTORS LIMITED 26 Jan 2010
    07133012 WRITETYME PUBLISHINGS LIMITED 22 Jan 2010
    07128307 EVCOMPTECH LIMITED 18 Jan 2010
    07117932 INN TRADITION PUB COMPANY LIMITED 06 Jan 2010