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
New Company Registrations
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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.
Year Smethwick UK 2010 282 400,358 2009 293 362,675 2008 275 349,203 2007 266 457,649 2006 246 405,440 Record Year 2009 (293) 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 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) Smethwick UK 2010 129 196,609 2009 137 180,654 % change -5.8% 8.8% Record Year 2009 (137) 2003 (201,446) New Companies by Half Year
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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) Smethwick UK 2010 60 95,117 2009 67 85,983 % change -10.4% 10.6% Record Year 2008 (82) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 21 26 13 New companies in 2009 29 24 14 % change -27.6% 8.3% -7.1% Record Year 2008 (35) 2010 (26) 2003 (22)
Closed Companies (dissolved)
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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.
Year Smethwick UK 2010 256 342,232 2009 363 533,773 2008 106 237,901 2007 136 220,295 2006 145 200,166 Record Year 2009 (363) 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 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) Smethwick UK 2010 125 164,601 2009 186 244,537 % change -32.8% -32.7% Record Year 2009 (186) 2009 (244,537) Dissolved Companies by Half Year
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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) Smethwick UK 2010 60 76,896 2009 78 85,136 % change -23.1% -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 Smethwick when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 21 30 9 Closed companies in 2009 24 26 28 % change -12.5% 15.4% -68% Record Year 2009 (24) 2010 (30) 2009 (28)
Net Company Growth
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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.
Year Smethwick UK 2010 26 58,126 2009 -70 -171,098 2008 169 111,302 2007 130 237,354 2006 101 205,274 Record Year 2008 (169) 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 Smethwick increased by 4 companies.
Half Year (Jul-Dec) Smethwick UK 2010 4 32,008 2009 -49 -63,883 Record Year 2008 (91) 2003 (117,772) Net Growth by Half Year
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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) Smethwick UK 2010 0 18,221 2009 -11 847 Record Year 2008 (71) 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 -4 4 Net growth in 2009 5 -2 -14 Record Year 2003 (17) 2008 (24) 2003 (16)
UK Company Share
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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.
Year Smethwick 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.1%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.2%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1962 (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% 0.1% 0.1% % change -36.6% -3.2% -11.6% Record Year 1975 (0.3%) 1962 (0.5%) 1965 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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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 CONSULTANCY 1.34% CONSULTING 5.06% STORES 1.15% MANAGEMENT 5.01% TRAINING 1.15% CONSULTANCY 3.14% CARE 0.96% PROPERTY 2.36% CARS 0.96% TRADING 2.11% CONSTRUCTION 0.77% ASSOCIATES 1.95% (BIRMINGHAM) 0.77% DESIGN 1.92% PLC 0.77% BUSINESS 1.82% BAR 0.77% CONSTRUCTION 1.82% SUPPLIES 0.77% CONSULTANTS 1.76% (MIDLANDS) 0.77% MEDIA 1.71% TRADING 0.77% ENGINEERING 1.62% PROPERTY 0.77% LONDON 1.60% DIRECT 0.77% CARE 1.45% GENERAL 0.77% INVESTMENTS 1.44% NEWS 0.77% GLOBAL 1.43% CO 0.58% J 1.42% CONTRACTORS 0.58% IT 1.41% COURT 0.58% PROPERTIES 1.34% GLOBAL 0.58% INTERNATIONAL 1.34% WINDOWS 0.58% BUILDING 1.34% T 0.58% M 1.30% CAFE 0.58% ELECTRICAL 1.25% STAR 0.58% SYSTEMS 1.24% VEHICLE 0.58% 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 269 199,572 7487 - Other business activities 30 63,348 9999 - Dormant Company 14 20,144 5530 - Restaurants 11 4,939 82990 - Other business support service activities not elsewhere classified 9 27,550 96090 - Other service activities not elsewhere classified 6 8,799 7499 - Non-trading company 5 12,000 7222 - Other software consultancy and supply 5 7,298 68209 - Other letting and operating of own or leased real estate 5 3,755 7260 - Other computer related activities 4 8,089 86900 - Other human health activities 4 3,700 47190 - Other retail sale in non-specialised stores 4 1,167 62020 - Information technology consultancy activities 4 9,177 49410 - Freight transport by road 4 2,008 7032 - Manage real estate, fee or contract 4 2,235 70229 - Management consultancy activities other than financial management 4 14,505 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 4 1,044 4521 - General construction & civil engineering 3 6,598 70100 - Activities of head offices 3 2,862 7450 - Labour recruitment 3 2,783
Recent Companies
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Randomly selected companies from this quarter
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