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

  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 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.

    YearDudleyUK
    2010428400,358
    2009395362,675
    2008436349,203
    2007401457,649
    2006433405,440
    Record Year2003 (438)2007 (457,649)
    New Companies by Year
  2. 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)DudleyUK
    2010205196,609
    2009182180,654
    % change12.6%8.8%
    Record Year2003 (225)2003 (201,446)
    New Companies by Half Year
  3. 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)DudleyUK
    20109795,117
    20099085,983
    % change7.8%10.6%
    Record Year 2008 (112) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010422926
    New companies in 2009304119
    % change40.0%-29.3%36.8%
    Record Year2003 (48)2008 (48)2003 (33)

Closed Companies (dissolved)

  1. 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.

    YearDudleyUK
    2010381342,232
    2009467533,773
    2008206237,901
    2007248220,295
    2006202200,166
    Record Year2009 (467)2009 (533,773)
    Dissolved Companies by Year
  2. 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)DudleyUK
    2010189164,601
    2009230244,537
    % change-17.8%-32.7%
    Record Year2009 (230)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)DudleyUK
    20107976,896
    20099385,136
    % change-15.1%-9.7%
    Record Year 2009 (93) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010313612
    Closed companies in 2009303033
    % change3.3%20.0%-64%
    Record Year2010 (31)2010 (36)2009 (33)

Net Company Growth

  1. 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.

    YearDudleyUK
    20104758,126
    2009-72-171,098
    2008230111,302
    2007153237,354
    2006231205,274
    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 Dudley increased by 16 companies.

    Half Year (Jul-Dec)DudleyUK
    20101632,008
    2009-48-63,883
    Record Year2003 (145)2003 (117,772)
    Net Growth by Half Year
  3. 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)DudleyUK
    20101818,221
    2009-3847
    Record Year 2008 (81) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201011-714
    Net growth in 2009011-14
    Record Year2003 (35)2008 (36)2003 (25)

UK Company Share

  1. 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.

    YearDudley
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1962 (0.3%)
    Company Share by Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1962 (0.3%)
    Company Share by Half Year
  3. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1961 (0.3%)
    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%
    % change22.7%-36.8%30.2%
    Record Year1961 (0.6%)1962 (0.5%)1968 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    ELECTRICAL1.29%CONSULTING5.06%
    DESIGN1.03%MANAGEMENT5.01%
    (MIDLANDS)0.90%CONSULTANCY3.14%
    (DUDLEY)0.77%PROPERTY2.36%
    R0.77%TRADING2.11%
    CENTRE0.64%ASSOCIATES1.95%
    MIDLANDS0.64%DESIGN1.92%
    M0.64%BUSINESS1.82%
    MANAGEMENT0.64%CONSTRUCTION1.82%
    GREEN0.64%CONSULTANTS1.76%
    CONSTRUCTION0.64%MEDIA1.71%
    BUILDING0.64%ENGINEERING1.62%
    PROPERTY0.64%LONDON1.60%
    PLUMBING0.64%CARE1.45%
    DUDLEY0.64%INVESTMENTS1.44%
    CONSULTING0.52%GLOBAL1.43%
    BLACK0.52%J1.42%
    (WEST0.52%IT1.41%
    TRAINING0.52%PROPERTIES1.34%
    CONSULTANCY0.52%INTERNATIONAL1.34%
    COUNTRY0.52%BUILDING1.34%
    HOUSE0.52%M1.30%
    LIVING0.52%ELECTRICAL1.25%
    C0.52%SYSTEMS1.24%
    CARE0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied196199,572
    7487 - Other business activities5663,348
    9999 - Dormant Company2820,144
    99999 - Dormant Company2116,285
    4521 - General construction & civil engineering196,598
    70229 - Management consultancy activities other than financial management1414,505
    74990 - Non-trading company148,243
    82990 - Other business support service activities not elsewhere classified1427,550
    7499 - Non-trading company1312,000
    96090 - Other service activities not elsewhere classified118,799
    9305 - Other service activities108,858
    43210 - Electrical installation102,980
    45200 - Maintenance and repair of motor vehicles92,061
    43999 - Other specialised construction activities not elsewhere classified92,854
    43220 - Plumbing, heat and air-conditioning installation82,187
    4545 - Other building completion82,598
    9262 - Other sporting activities81,599
    7414 - Business & management consultancy813,474
    41100 - Development of building projects73,765
    88990 - Other social work activities without accommodation not elsewhere classified71,185

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07419121 WEST MIDLANDS IT SERVICES 26 Oct 2010
    07417748 THE COMPUTER REBOOTER LIMITED 25 Oct 2010
    07417512 SMART R DESIGN LIMITED 25 Oct 2010
    07414525 INSTALL A FLOOR LIMITED 21 Oct 2010
    07410996 BANKS BISTRO BAR LIMITED 18 Oct 2010
    07409502 SKY SCHOOL OF BASKETBALL COMMUNITY COACHING LIMITED 15 Oct 2010
    07408009 D PALLETT LIMITED 14 Oct 2010
    07407313 MIDLANDS LOGISTICS SOLUTIONS (UK) LIMITED 14 Oct 2010
    07401878 SOLITAIRE ARCHITECTURAL IRONMONGERY LTD 08 Oct 2010
    07401433 PHYSIOBEATS LTD 08 Oct 2010
    07397600 HEARILLE SERVICES LIMITED 05 Oct 2010
    07409287 B. S. INSTRUMENTATION & CONTROL LIMITED 15 Oct 2010
    07401262 MACTOD'S ORIGINAL DESIGNS LIMITED 08 Oct 2010
    07400196 BLUE MOOSE DESIGNS LIMITED 07 Oct 2010
    07396907 M.S.A GAS AND ELECTRICAL SERVICES LTD 05 Oct 2010
    07395049 JSJC PROJECT CONSULTING LIMITED 04 Oct 2010
    07422075 PALMER GRIFFITHS (ACCOUNTANTS) LIMITED 28 Oct 2010
    07419367 KENNEDY SUPPLIES LTD 26 Oct 2010
    07417174 ELYSIUM LIVING LIMITED 25 Oct 2010
    07412719 DEMIURGIC TECHNOLOGIES LIMITED 19 Oct 2010
    07404539 AUDITING SERVICES LTD 12 Oct 2010
    07403579 BAGGIE MAN LTD 11 Oct 2010
    07402892 MAKAYLA CONNECTIONS LIMITED 11 Oct 2010
    07401193 CARPETS AND FLOORING (WHOLESALE) LIMITED 08 Oct 2010
    07402491 CAROLINE WILKINSON LIMITED 11 Oct 2010