Kidderminster, Worcestershire
2010 Annual Business Confidence Report
Headlines
- October 2010 saw a new record in company closures in Kidderminster when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 286 companies were formed in Kidderminster in 2010. This total is 10.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Kidderminster UK 2010 286 400,358 2009 259 362,675 2008 246 349,203 2007 280 457,649 2006 287 405,440 Record Year 2006 (287) 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 140 companies were formed in Kidderminster. This figure is 10.2% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Kidderminster occurred in 2006 when a total of 148 were formed.
Half Year (Jul-Dec) Kidderminster UK 2010 140 196,609 2009 127 180,654 % change 10.2% 8.8% Record Year 2006 (148) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 58 companies were registered in Kidderminster during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 31.8% 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) Kidderminster UK 2010 58 95,117 2009 44 85,983 % change 31.8% 10.6% Record Year 2006 (90) 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 21 24 13 New companies in 2009 18 14 12 % change 16.7% 71.4% 8.3% Record Year 2006 (32) 2006 (34) 2006 (24)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 232 companies were dissolved in Kidderminster in 2010. This total is 10.8% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Kidderminster UK 2010 232 342,232 2009 260 533,773 2008 124 237,901 2007 135 220,295 2006 124 200,166 Record Year 2009 (260) 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 127 companies were dissolved in Kidderminster. This figure is 3.1% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Kidderminster occurred in 2009 when a total of 131 were closed.
Half Year (Jul-Dec) Kidderminster UK 2010 127 164,601 2009 131 244,537 % change -3.1% -32.7% Record Year 2009 (131) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 51 companies were dissolved in Kidderminster during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 16.4% 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) Kidderminster UK 2010 51 76,896 2009 61 85,136 % change -16.4% -9.7% Record Year 2009 (61) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in Kidderminster when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 21 22 8 Closed companies in 2009 10 22 29 % change 110.0% 0.0% -72% Record Year 2010 (21) 2010 (22) 2009 (29)
Net Company Growth
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Annual Data (2010)
A total of 54 companies were added to the company register for Kidderminster in 2010. This number represents growth of 20.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 55 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Kidderminster company register grew by 163 companies.
Year Kidderminster UK 2010 54 58,126 2009 -1 -171,098 2008 122 111,302 2007 145 237,354 2006 163 205,274 Record Year 2006 (163) 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 Kidderminster increased by 13 companies.
Half Year (Jul-Dec) Kidderminster UK 2010 13 32,008 2009 -4 -63,883 Record Year 2006 (99) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Kidderminster during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 7 companies.
fourth quarter (Oct 2010 - Dec 2010) Kidderminster UK 2010 7 18,221 2009 -17 847 Record Year 2006 (73) 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 0 2 5 Net growth in 2009 8 -8 -17 Record Year 2006 (26) 2006 (29) 2006 (18)
UK Company Share
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Annual Data (2010)
In 2010 Kidderminster formed 0.1% of all UK companies. This is no change on 2009 when Kidderminster was responsible for 0.1% of all UK companies.
Year Kidderminster 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1978 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Kidderminster formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Kidderminster 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1972 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Kidderminster formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Kidderminster 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1972 (0.2%) 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% 0.0% UK formation share in 2009 0.1% 0.0% 0.0% % change 2.1% 53.3% 3.0% Record Year 1977 (0.2%) 1972 (0.3%) 1964 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 47.8.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 8.1% 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 46.4.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.7% 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 44.9.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 0.9% 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 Kidderminster was 1857 when 36.4% of all directors were female.
The percentage of female directors in Kidderminster in 2010 was 28.3%. 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 Kidderminster was 1860 when 42.9% of all directors were female.
31.1% of all director appointments in Kidderminster 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 Kidderminster was in 1977 when 31.1% of all directors were female.
29.3% of all director appointments in Kidderminster 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 FUSION 2.23% CONSULTING 5.06% MANAGEMENT 1.49% MANAGEMENT 5.01% (KIDDERMINSTER) 0.93% CONSULTANCY 3.14% PROPERTY 0.93% PROPERTY 2.36% MIDLANDS 0.93% TRADING 2.11% BEAUTY 0.74% ASSOCIATES 1.95% FLOORING 0.74% DESIGN 1.92% ENGINEERING 0.74% BUSINESS 1.82% PWH 0.74% CONSTRUCTION 1.82% HOME 0.74% CONSULTANTS 1.76% MEDIA 0.74% MEDIA 1.71% CONSULTING 0.74% ENGINEERING 1.62% VEHICLE 0.74% LONDON 1.60% ELECTRICAL 0.56% CARE 1.45% PROMOTIONS 0.56% INVESTMENTS 1.44% PROPERTIES 0.56% GLOBAL 1.43% ASSISTANCE 0.56% J 1.42% FOREST 0.56% IT 1.41% ASSOCIATES 0.56% PROPERTIES 1.34% BUSINESS 0.56% INTERNATIONAL 1.34% SEVERN 0.56% BUILDING 1.34% QUALITY 0.56% M 1.30% COMMUNITY 0.56% ELECTRICAL 1.25% J 0.56% SYSTEMS 1.24% SPORTS 0.37% 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 115 199,572 7487 - Other business activities 38 63,348 9999 - Dormant Company 20 20,144 99999 - Dormant Company 18 16,285 70229 - Management consultancy activities other than financial management 13 14,505 82990 - Other business support service activities not elsewhere classified 12 27,550 7414 - Business & management consultancy 11 13,474 5117 - Agents in food, drink & tobacco 10 177 4521 - General construction & civil engineering 7 6,598 96020 - Hairdressing and other beauty treatment 6 1,873 96090 - Other service activities not elsewhere classified 6 8,799 6024 - Freight transport by road 6 2,401 43999 - Other specialised construction activities not elsewhere classified 5 2,854 70100 - Activities of head offices 5 2,862 74909 - Other professional, scientific and technical activities not elsewhere classified 5 7,088 4534 - Other building installation 5 2,357 7260 - Other computer related activities 5 8,089 47990 - Other retail sale not in stores, stalls or markets 4 1,943 69201 - Accounting and auditing activities 4 3,088 85590 - Other education not elsewhere classified 4 1,926
Recent Companies
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Randomly selected companies from this quarter
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