Dudley, West Midlands
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Dudley when compared to any previous November.
- October 2010 saw a new record in company closures in Dudley when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 428 companies were formed in Dudley in 2010. This total is 8.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Dudley UK 2010 428 400,358 2009 395 362,675 2008 436 349,203 2007 401 457,649 2006 433 405,440 Record Year 2003 (438) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 205 companies were formed in Dudley. This figure is 12.6% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Dudley occurred in 2003 when a total of 225 were formed.
Half Year (Jul-Dec) Dudley UK 2010 205 196,609 2009 182 180,654 % change 12.6% 8.8% Record Year 2003 (225) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 97 companies were registered in Dudley during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 7.8% 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) Dudley UK 2010 97 95,117 2009 90 85,983 % change 7.8% 10.6% Record Year 2008 (112) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 42 29 26 New companies in 2009 30 41 19 % change 40.0% -29.3% 36.8% Record Year 2003 (48) 2008 (48) 2003 (33)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 381 companies were dissolved in Dudley in 2010. This total is 18.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Dudley UK 2010 381 342,232 2009 467 533,773 2008 206 237,901 2007 248 220,295 2006 202 200,166 Record Year 2009 (467) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 189 companies were dissolved in Dudley. This figure is 17.8% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Dudley occurred in 2009 when a total of 230 were closed.
Half Year (Jul-Dec) Dudley UK 2010 189 164,601 2009 230 244,537 % change -17.8% -32.7% Record Year 2009 (230) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 79 companies were dissolved in Dudley during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 15.1% 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) Dudley UK 2010 79 76,896 2009 93 85,136 % change -15.1% -9.7% Record Year 2009 (93) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Dudley when compared to any previous November.
October 2010 saw a new record in company closures in Dudley when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 31 36 12 Closed companies in 2009 30 30 33 % change 3.3% 20.0% -64% Record Year 2010 (31) 2010 (36) 2009 (33)
Net Company Growth
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Annual Data (2010)
A total of 47 companies were added to the company register for Dudley in 2010. This number represents growth of 11.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 119 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Dudley company register grew by 270 companies.
Year Dudley UK 2010 47 58,126 2009 -72 -171,098 2008 230 111,302 2007 153 237,354 2006 231 205,274 Record Year 2003 (270) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Dudley increased by 16 companies.
Half Year (Jul-Dec) Dudley UK 2010 16 32,008 2009 -48 -63,883 Record Year 2003 (145) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Dudley during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 18 companies.
fourth quarter (Oct 2010 - Dec 2010) Dudley UK 2010 18 18,221 2009 -3 847 Record Year 2008 (81) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 11 -7 14 Net growth in 2009 0 11 -14 Record Year 2003 (35) 2008 (36) 2003 (25)
UK Company Share
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Annual Data (2010)
In 2010 Dudley formed 0.1% of all UK companies. This is no change on 2009 when Dudley was responsible for 0.1% of all UK companies.
Year Dudley 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1962 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Dudley formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Dudley 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1962 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Dudley formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Dudley 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 22.7% -36.8% 30.2% Record Year 1961 (0.6%) 1962 (0.5%) 1968 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 42.7.
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 3.3% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 42.8.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 42.4.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Dudley was 1857 when 36.4% of all directors were female.
The percentage of female directors in Dudley in 2010 was 23.1%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Dudley was 1860 when 42.9% of all directors were female.
23.6% of all director appointments in Dudley 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
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Dudley was in 1977 when 31.1% of all directors were female.
23.7% of all director appointments in Dudley 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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ELECTRICAL 1.29% CONSULTING 5.06% DESIGN 1.03% MANAGEMENT 5.01% (MIDLANDS) 0.90% CONSULTANCY 3.14% (DUDLEY) 0.77% PROPERTY 2.36% R 0.77% TRADING 2.11% CENTRE 0.64% ASSOCIATES 1.95% MIDLANDS 0.64% DESIGN 1.92% M 0.64% BUSINESS 1.82% MANAGEMENT 0.64% CONSTRUCTION 1.82% GREEN 0.64% CONSULTANTS 1.76% CONSTRUCTION 0.64% MEDIA 1.71% BUILDING 0.64% ENGINEERING 1.62% PROPERTY 0.64% LONDON 1.60% PLUMBING 0.64% CARE 1.45% DUDLEY 0.64% INVESTMENTS 1.44% CONSULTING 0.52% GLOBAL 1.43% BLACK 0.52% J 1.42% (WEST 0.52% IT 1.41% TRAINING 0.52% PROPERTIES 1.34% CONSULTANCY 0.52% INTERNATIONAL 1.34% COUNTRY 0.52% BUILDING 1.34% HOUSE 0.52% M 1.30% LIVING 0.52% ELECTRICAL 1.25% C 0.52% SYSTEMS 1.24% CARE 0.52% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 196 199,572 7487 - Other business activities 56 63,348 9999 - Dormant Company 28 20,144 99999 - Dormant Company 21 16,285 4521 - General construction & civil engineering 19 6,598 70229 - Management consultancy activities other than financial management 14 14,505 74990 - Non-trading company 14 8,243 82990 - Other business support service activities not elsewhere classified 14 27,550 7499 - Non-trading company 13 12,000 96090 - Other service activities not elsewhere classified 11 8,799 9305 - Other service activities 10 8,858 43210 - Electrical installation 10 2,980 45200 - Maintenance and repair of motor vehicles 9 2,061 43999 - Other specialised construction activities not elsewhere classified 9 2,854 43220 - Plumbing, heat and air-conditioning installation 8 2,187 4545 - Other building completion 8 2,598 9262 - Other sporting activities 8 1,599 7414 - Business & management consultancy 8 13,474 41100 - Development of building projects 7 3,765 88990 - Other social work activities without accommodation not elsewhere classified 7 1,185
Recent Companies
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Randomly selected companies from this quarter
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