Halesowen, West Midlands
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Halesowen when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 301 companies were formed in Halesowen in 2010. This total is 0.0% the same as in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Halesowen UK 2010 301 400,358 2009 301 362,675 2008 269 349,203 2007 285 457,649 2006 298 405,440 Record Year 2004 (343) 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 145 companies were formed in Halesowen. This figure is 6.6% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Halesowen occurred in 2004 when a total of 165 were formed.
Half Year (Jul-Dec) Halesowen UK 2010 145 196,609 2009 136 180,654 % change 6.6% 8.8% Record Year 2004 (165) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 59 companies were registered in Halesowen during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 18.0% versus the same period last year (Q4 2009). This figure compares well 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) Halesowen UK 2010 59 95,117 2009 50 85,983 % change 18.0% 10.6% Record Year 2004 (88) 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 23 21 15 New companies in 2009 14 17 19 % change 64.3% 23.5% -21.1% Record Year 1995 (34) 2004 (32) 2004 (32)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 268 companies were dissolved in Halesowen in 2010. This total is 21.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Halesowen UK 2010 268 342,232 2009 343 533,773 2008 161 237,901 2007 209 220,295 2006 187 200,166 Record Year 2009 (343) 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 138 companies were dissolved in Halesowen. This figure is 16.4% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Halesowen occurred in 2009 when a total of 165 were closed.
Half Year (Jul-Dec) Halesowen UK 2010 138 164,601 2009 165 244,537 % change -16.4% -32.7% Record Year 2009 (165) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 57 companies were dissolved in Halesowen during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 26.9% 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) Halesowen UK 2010 57 76,896 2009 78 85,136 % change -26.9% -9.7% Record Year 2009 (78) 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 Halesowen when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 21 26 10 Closed companies in 2009 36 18 24 % change -41.7% 44.4% -58% Record Year 2009 (36) 2010 (26) 2009 (24)
Net Company Growth
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Annual Data (2010)
A total of 33 companies were added to the company register for Halesowen in 2010. This number represents growth of 11.0% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 75 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 1995 when the Halesowen company register grew by 254 companies.
Year Halesowen UK 2010 33 58,126 2009 -42 -171,098 2008 108 111,302 2007 76 237,354 2006 111 205,274 Record Year 1995 (254) 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 Halesowen increased by 7 companies.
Half Year (Jul-Dec) Halesowen UK 2010 7 32,008 2009 -29 -63,883 Record Year 1995 (135) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Halesowen during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 2 companies.
fourth quarter (Oct 2010 - Dec 2010) Halesowen UK 2010 2 18,221 2009 -28 847 Record Year 1995 (80) 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 2 -5 5 Net growth in 2009 -22 -1 -5 Record Year 1996 (20) 1995 (26) 2004 (22)
UK Company Share
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Annual Data (2010)
In 2010 Halesowen formed 0.1% of all UK companies. This is no change on 2009 when Halesowen was responsible for 0.1% of all UK companies.
Year Halesowen 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Halesowen formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Halesowen 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Halesowen formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Halesowen 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (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 0.0% 0.1% 0.1% % change 44.0% 10.3% -24.9% Record Year 1961 (0.4%) 1963 (0.5%) 1968 (0.7%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.9.
The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 6.0% 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 45.8.
The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 6.0% 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 46.3.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 10.1% 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 Halesowen was 1857 when 36.4% of all directors were female.
The percentage of female directors in Halesowen in 2010 was 27.0%. 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 Halesowen was 1860 when 42.9% of all directors were female.
21.4% of all director appointments in Halesowen 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 Halesowen was in 1977 when 31.1% of all directors were female.
19.2% of all director appointments in Halesowen 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 ESTILO 0.89% CONSULTING 5.06% COVANTA 0.89% MANAGEMENT 5.01% GROUP 0.89% CONSULTANCY 3.14% PRESTIGE 0.89% PROPERTY 2.36% CONSULTANCY 0.71% TRADING 2.11% PROPERTY 0.71% ASSOCIATES 1.95% SPECIALISTS 0.71% DESIGN 1.92% CONSULTING 0.71% BUSINESS 1.82% TREADFAST 0.71% CONSTRUCTION 1.82% B 0.71% CONSULTANTS 1.76% (MIDLANDS) 0.71% MEDIA 1.71% COAST 0.71% ENGINEERING 1.62% ENGINEERING 0.71% LONDON 1.60% CONSULTANTS 0.71% CARE 1.45% MEDICAL 0.71% INVESTMENTS 1.44% PARK 0.71% GLOBAL 1.43% RECRUITMENT 0.71% J 1.42% ELECTRICAL 0.53% IT 1.41% HOMES 0.53% PROPERTIES 1.34% SYSTEMS 0.53% INTERNATIONAL 1.34% CENTRE 0.53% BUILDING 1.34% INDUSTRIAL 0.53% M 1.30% MANAGEMENT 0.53% ELECTRICAL 1.25% HOUSE 0.53% SYSTEMS 1.24% TRAINING 0.53% 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 165 199,572 7487 - Other business activities 34 63,348 9999 - Dormant Company 29 20,144 99999 - Dormant Company 21 16,285 82990 - Other business support service activities not elsewhere classified 20 27,550 9305 - Other service activities 6 8,858 7260 - Other computer related activities 6 8,089 70229 - Management consultancy activities other than financial management 6 14,505 62020 - Information technology consultancy activities 5 9,177 4545 - Other building completion 5 2,598 4521 - General construction & civil engineering 5 6,598 6023 - Other passenger land transport 5 439 70100 - Activities of head offices 5 2,862 62090 - Other information technology service activities 5 6,330 74990 - Non-trading company 5 8,243 43220 - Plumbing, heat and air-conditioning installation 5 2,187 43390 - Other building completion and finishing 5 2,522 43290 - Other construction installation 4 1,315 4533 - Plumbing 4 1,526 64999 - Financial intermediation not elsewhere classified 4 2,527
Recent Companies
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Randomly selected companies from this quarter
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