Smethwick, West Midlands

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in Smethwick when compared to any previous November.
  • November 2010 saw a new record in company closures in Smethwick when compared to any previous November.

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 282 companies were formed in Smethwick in 2010. This total is 3.8% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearSmethwickUK
    2010282400,358
    2009293362,675
    2008275349,203
    2007266457,649
    2006246405,440
    Record Year2009 (293)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 129 companies were formed in Smethwick. This figure is 5.8% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Smethwick occurred in 2009 when a total of 137 were formed.

    Half Year (Jul-Dec)SmethwickUK
    2010129196,609
    2009137180,654
    % change-5.8%8.8%
    Record Year2009 (137)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 60 companies were registered in Smethwick during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 10.4% versus the same period last year (Q4 2009). This figure compares badly 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)SmethwickUK
    20106095,117
    20096785,983
    % change-10.4%10.6%
    Record Year 2008 (82) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Smethwick when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010212613
    New companies in 2009292414
    % change-27.6%8.3%-7.1%
    Record Year2008 (35)2010 (26)2003 (22)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 256 companies were dissolved in Smethwick in 2010. This total is 29.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearSmethwickUK
    2010256342,232
    2009363533,773
    2008106237,901
    2007136220,295
    2006145200,166
    Record Year2009 (363)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 125 companies were dissolved in Smethwick. This figure is 32.8% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Smethwick occurred in 2009 when a total of 186 were closed.

    Half Year (Jul-Dec)SmethwickUK
    2010125164,601
    2009186244,537
    % change-32.8%-32.7%
    Record Year2009 (186)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 60 companies were dissolved in Smethwick during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 23.1% 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)SmethwickUK
    20106076,896
    20097885,136
    % change-23.1%-9.7%
    Record Year 2009 (78) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Smethwick when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201021309
    Closed companies in 2009242628
    % change-12.5%15.4%-68%
    Record Year2009 (24)2010 (30)2009 (28)

Net Company Growth

  1. Annual Data (2010)

    A total of 26 companies were added to the company register for Smethwick in 2010. This number represents growth of 8.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 96 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2008 when the Smethwick company register grew by 169 companies.

    YearSmethwickUK
    20102658,126
    2009-70-171,098
    2008169111,302
    2007130237,354
    2006101205,274
    Record Year2008 (169)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Smethwick increased by 4 companies.

    Half Year (Jul-Dec)SmethwickUK
    2010432,008
    2009-49-63,883
    Record Year2008 (91)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Smethwick during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 0 companies.

    fourth quarter (Oct 2010 - Dec 2010)SmethwickUK
    2010018,221
    2009-11847
    Record Year 2008 (71) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20100-44
    Net growth in 20095-2-14
    Record Year2003 (17)2008 (24)2003 (16)

UK Company Share

  1. Annual Data (2010)

    In 2010 Smethwick formed 0.1% of all UK companies. This is no change on 2009 when Smethwick was responsible for 0.1% of all UK companies.

    YearSmethwick
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1969 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Smethwick formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Smethwick
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Smethwick formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Smethwick
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1962 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.0%
    UK formation share in 20090.1%0.1%0.1%
    % change-36.6%-3.2%-11.6%
    Record Year1975 (0.3%)1962 (0.5%)1965 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 40.2.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.0% 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 39.9.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 1.8% 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 40.4.

    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 4.1% 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 Smethwick was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Smethwick in 2010 was 17.6%. 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 Smethwick was 1860 when 42.9% of all directors were female.

    18.5% of all director appointments in Smethwick 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 Smethwick was in 1977 when 31.1% of all directors were female.

    22.9% of all director appointments in Smethwick 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
    CONSULTANCY1.34%CONSULTING5.06%
    STORES1.15%MANAGEMENT5.01%
    TRAINING1.15%CONSULTANCY3.14%
    CARE0.96%PROPERTY2.36%
    CARS0.96%TRADING2.11%
    CONSTRUCTION0.77%ASSOCIATES1.95%
    (BIRMINGHAM)0.77%DESIGN1.92%
    PLC0.77%BUSINESS1.82%
    BAR0.77%CONSTRUCTION1.82%
    SUPPLIES0.77%CONSULTANTS1.76%
    (MIDLANDS)0.77%MEDIA1.71%
    TRADING0.77%ENGINEERING1.62%
    PROPERTY0.77%LONDON1.60%
    DIRECT0.77%CARE1.45%
    GENERAL0.77%INVESTMENTS1.44%
    NEWS0.77%GLOBAL1.43%
    CO0.58%J1.42%
    CONTRACTORS0.58%IT1.41%
    COURT0.58%PROPERTIES1.34%
    GLOBAL0.58%INTERNATIONAL1.34%
    WINDOWS0.58%BUILDING1.34%
    T0.58%M1.30%
    CAFE0.58%ELECTRICAL1.25%
    STAR0.58%SYSTEMS1.24%
    VEHICLE0.58%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied269199,572
    7487 - Other business activities3063,348
    9999 - Dormant Company1420,144
    5530 - Restaurants114,939
    82990 - Other business support service activities not elsewhere classified927,550
    96090 - Other service activities not elsewhere classified68,799
    7499 - Non-trading company512,000
    7222 - Other software consultancy and supply57,298
    68209 - Other letting and operating of own or leased real estate53,755
    7260 - Other computer related activities48,089
    86900 - Other human health activities43,700
    47190 - Other retail sale in non-specialised stores41,167
    62020 - Information technology consultancy activities49,177
    49410 - Freight transport by road42,008
    7032 - Manage real estate, fee or contract42,235
    70229 - Management consultancy activities other than financial management414,505
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating41,044
    4521 - General construction & civil engineering36,598
    70100 - Activities of head offices32,862
    7450 - Labour recruitment32,783

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07452884 MAK IMPORT EXPORT LIMITED 26 Nov 2010
    07452170 KASHER ENTERPRISE LIMITED 26 Nov 2010
    07449316 TIGER CARS (MIDLANDS) LTD 24 Nov 2010
    07449238 GILLS GENERAL STORES LIMITED 24 Nov 2010
    07447667 SHASMEEN LTD 23 Nov 2010
    07445936 THANDI FLIGHTLINK LTD 22 Nov 2010
    07444834 JUST CALL 4 CARE LTD 18 Nov 2010
    07442921 J.M. BUILDERS & WINDOWS LTD 17 Nov 2010
    07441572 ESSA KHIL BUILDERS LIMITED 16 Nov 2010
    07439342 I BUYERZ LTD 15 Nov 2010
    07438984 SOUNDSTART LTD 15 Nov 2010
    07436258 SKYSHADES SOLAR INSTALL LTD 11 Nov 2010
    07434384 CREATIVE JOINERY SUPPLIES LIMITED 09 Nov 2010
    07430222 BLAK LIMITED 04 Nov 2010
    07429868 RNR DIRECT LTD 04 Nov 2010
    07427945 FIVE RIVERS ESTATES LIMITED 03 Nov 2010
    07426712 GREENLEAF PUB COMPANY LTD 02 Nov 2010
    07425018 SONIC ENTERPRISE AND GENERAL TRADING LIMITED 01 Nov 2010
    07446406 FRONT ROOM MEDIA LTD 22 Nov 2010
    07445565 ED LOCUM AGENCY LTD 19 Nov 2010
    07443714 NV HOSPITALITY LIMITED 18 Nov 2010
    07443556 KJM PRECISION ENGINEERING LIMITED 18 Nov 2010
    07443348 IMR CONSULTING LTD 18 Nov 2010
    07438382 C&B WHITELAW LTD 12 Nov 2010
    07437883 GREEN TEXTILE LTD 12 Nov 2010

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