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
    07206732 BRIDGNORTH RADIO LIMITED 29 Mar 2010
    07200423 KA AGENCY LIMITED 23 Mar 2010
    07198578 STARTRIGHT TRAINING LIMITED 22 Mar 2010
    07196120 T.A. PAINTS LTD 19 Mar 2010
    07191605 WEDNESBURY LOCK & SAFE (MIDLANDS) LTD 16 Mar 2010
    07189086 R M PETERS CONSULTING LIMITED 15 Mar 2010
    07187957 PRESTIGE CARS (2006) LIMITED 12 Mar 2010
    07185218 DRAPER VEHICLE SOLUTIONS LTD 10 Mar 2010
    07182131 PINK BANANA (2010) LTD 09 Mar 2010
    07180618 LEEMARK SPINNINGS LIMITED 06 Mar 2010
    07175961 CIS CONSTRUCTION LIMITED 03 Mar 2010
    07199998 CAT'S SCHOOL OF MOTORING LIMITED 23 Mar 2010
    07199695 B. J. TOWERS LIMITED 23 Mar 2010
    07194475 TAPE SOLUTIONS LIMITED 18 Mar 2010
    07194013 KEY DUCTWORK SERVICES LIMITED 18 Mar 2010
    07192564 KIDS FUNWORLD SHREWSBURY LIMITED 17 Mar 2010
    07189135 BEST ONE GADS GREEN EXPRESS LTD 15 Mar 2010
    07187111 SPLASH BACK INTERIORS LTD 12 Mar 2010
    07175301 SHARON & SUKH LTD 02 Mar 2010
    07206461 THE LITTLE CARD HOUSE LTD 29 Mar 2010
    07199766 THE PREMIER SASH WINDOW COMPANY LIMITED 23 Mar 2010
    07198221 GLYIAM LIMITED 22 Mar 2010
    07190351 BLACK COUNTRY AUDIO LIMITED 16 Mar 2010
    07188453 VILLAGE VOICE MAGAZINES LTD 12 Mar 2010
    07174468 MJ TSCO SERVICES LIMITED 02 Mar 2010