Dudley, West Midlands
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company closures in Dudley when compared to any previous February.
- January 2011 saw a new record in company closures in Dudley when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 119 companies were registered in Dudley during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 3.3% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Dudley UK 2011 119 116,391 2010 123 105,137 % change -3.3% 10.7% Record Year 2006 (129) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 32 34 53 New companies in 2010 32 38 53 % change 0.0% -10.5% 0.0% Record Year 2004 (41) 2008 (40) 2008 (56)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 93 companies were dissolved in Dudley during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 7.0% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Dudley UK 2011 93 90,986 2010 100 82,677 % change -7.0% 10.0% Record Year 2010 (100) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Dudley when compared to any previous February.
January 2011 saw a new record in company closures in Dudley when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 39 32 22 Closed companies in 2010 30 25 45 % change 30.0% 28.0% -51% Record Year 2011 (39) 2011 (32) 2009 (65)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Dudley during the first quarter of 2011 (Jan 2011 - Mar 2011) was 26 companies.
first quarter (Jan 2011 - Mar 2011) Dudley UK 2011 26 25,405 2010 23 22,460 Record Year 2006 (88) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -7 2 31 Net growth in 2010 2 13 8 Record Year 2006 (24) 2006 (27) 2008 (53)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Dudley formed 0.1% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Dudley 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1974 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change -13.8% -21.3% -4.6% Record Year 1976 (0.8%) 1967 (0.6%) 1962 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 44.9.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Dudley was in 1861 when 40.0% of all directors were female.
23.1% of all director appointments in Dudley in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ELECTRICAL 1.32% CONSULTING 5.04% M 1.19% MANAGEMENT 4.97% D 0.93% CONSULTANCY 3.16% MIDLANDS 0.79% PROPERTY 2.38% PROPERTY 0.79% TRADING 2.10% (MIDLANDS) 0.79% DESIGN 1.93% PLUMBING 0.79% ASSOCIATES 1.92% CONSTRUCTION 0.79% BUSINESS 1.87% HEATING 0.66% CONSTRUCTION 1.80% C 0.66% CONSULTANTS 1.76% BUILDING 0.66% MEDIA 1.69% DESIGN 0.66% ENGINEERING 1.61% CONSULTANCY 0.66% LONDON 1.60% BUSINESS 0.66% CARE 1.45% (DUDLEY) 0.66% J 1.45% ASSOCIATES 0.66% GLOBAL 1.44% DUDLEY 0.53% INVESTMENTS 1.43% CENTRE 0.53% IT 1.41% B 0.53% PROPERTIES 1.36% LOGISTICS 0.53% BUILDING 1.34% CONSULTING 0.53% M 1.30% (2011) 0.53% ELECTRICAL 1.28% R 0.53% S 1.24% EUROPE 0.53% INTERNATIONAL 1.23% IT 0.53% SYSTEMS 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 204 202,798 7487 - Other business activities 57 60,968 9999 - Dormant Company 33 19,765 99999 - Dormant Company 24 18,336 4521 - General construction & civil engineering 18 6,183 82990 - Other business support service activities not elsewhere classified 17 30,253 70229 - Management consultancy activities other than financial management 13 16,150 7499 - Non-trading company 13 11,316 74990 - Non-trading company 13 8,695 96090 - Other service activities not elsewhere classified 12 10,085 43999 - Other specialised construction activities not elsewhere classified 10 3,097 43210 - Electrical installation 10 3,172 9305 - Other service activities 9 8,740 45200 - Maintenance and repair of motor vehicles 9 2,259 43220 - Plumbing, heat and air-conditioning installation 8 2,312 41100 - Development of building projects 8 3,921 9262 - Other sporting activities 7 1,571 7414 - Business & management consultancy 6 12,916 49410 - Freight transport by road 6 2,167 7260 - Other computer related activities 6 7,789
Recent Companies
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Randomly selected companies from this quarter
reports
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