Solihull, West Midlands

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Solihull when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Solihull when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Solihull when compared to any previous December.
  • November 2010 saw a new record in company registrations in Solihull 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 875 companies were formed in Solihull in 2010. This total is 18.1% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearSolihullUK
    2010875400,358
    2009741362,675
    2008808349,203
    2007937457,649
    2006821405,440
    Record Year2007 (937)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Solihull when compared to any previous second half year.

    In the second half of 2010 a total of 443 companies were formed in Solihull. This figure is 19.7% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Solihull occurred in 2010 when a total of 443 were formed.

    Half Year (Jul-Dec)SolihullUK
    2010443196,609
    2009370180,654
    % change19.7%8.8%
    Record Year2010 (443)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Solihull when compared to any previous Q4.

    A total of 220 companies were registered in Solihull during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 29.4% 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)SolihullUK
    201022095,117
    200917085,983
    % change29.4%10.6%
    Record Year 2010 (220) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Solihull when compared to any previous December.

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010689359
    New companies in 2009656243
    % change4.6%50.0%37.2%
    Record Year2002 (86)2010 (93)2010 (59)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 686 companies were dissolved in Solihull in 2010. This total is 26.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearSolihullUK
    2010686342,232
    2009927533,773
    2008493237,901
    2007454220,295
    2006449200,166
    Record Year2009 (927)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 331 companies were dissolved in Solihull. This figure is 19.1% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Solihull occurred in 2009 when a total of 409 were closed.

    Half Year (Jul-Dec)SolihullUK
    2010331164,601
    2009409244,537
    % change-19.1%-32.7%
    Record Year2009 (409)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 145 companies were dissolved in Solihull during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 11.6% 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)SolihullUK
    201014576,896
    200916485,136
    % change-11.6%-9.7%
    Record Year 2009 (164) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010496036
    Closed companies in 2009476255
    % change4.3%-3.2%-35%
    Record Year2001 (85)2009 (62)2009 (55)

Net Company Growth

  1. Annual Data (2010)

    A total of 189 companies were added to the company register for Solihull in 2010. This number represents growth of 25.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 375 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Solihull company register grew by 507 companies.

    YearSolihullUK
    201018958,126
    2009-186-171,098
    2008315111,302
    2007483237,354
    2006372205,274
    Record Year2003 (507)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Solihull increased by 112 companies.

    Half Year (Jul-Dec)SolihullUK
    201011232,008
    2009-39-63,883
    Record Year2003 (216)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Solihull during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 75 companies.

    fourth quarter (Oct 2010 - Dec 2010)SolihullUK
    20107518,221
    20096847
    Record Year 2003 (104) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010193323
    Net growth in 2009180-12
    Record Year2008 (48)2003 (49)2007 (43)

UK Company Share

  1. Annual Data (2010)

    In 2010 Solihull formed 0.2% of all UK companies. This is no change on 2009 when Solihull was responsible for 0.2% of all UK companies.

    YearSolihull
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1960 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Solihull formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Solihull
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Solihull formed 0.2% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Solihull
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.3%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-8.4%34.1%30.6%
    Record Year1961 (0.8%)1971 (0.5%)1967 (0.9%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.7.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.1% 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 45.6.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 5.1% 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 44.3.

    The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.7% 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 Solihull was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Solihull in 2010 was 26.5%. 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 Solihull was 1860 when 42.9% of all directors were female.

    27.0% of all director appointments in Solihull 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 Solihull was in 1977 when 31.1% of all directors were female.

    27.9% of all director appointments in Solihull 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
    CONSULTING2.47%CONSULTING5.06%
    MANAGEMENT2.12%MANAGEMENT5.01%
    CONSULTANCY1.41%CONSULTANCY3.14%
    ASSOCIATES1.13%PROPERTY2.36%
    SOLIHULL1.13%TRADING2.11%
    (MIDLANDS)0.85%ASSOCIATES1.95%
    C0.85%DESIGN1.92%
    CONSTRUCTION0.78%BUSINESS1.82%
    MEDICAL0.71%CONSTRUCTION1.82%
    DESIGN0.63%CONSULTANTS1.76%
    R0.63%MEDIA1.71%
    J0.63%ENGINEERING1.62%
    BUILDING0.63%LONDON1.60%
    ELECTRICAL0.56%CARE1.45%
    CONSULTANTS0.56%INVESTMENTS1.44%
    (SOLIHULL)0.56%GLOBAL1.43%
    M0.56%J1.42%
    ENGINEERING0.49%IT1.41%
    CONTRACTS0.49%PROPERTIES1.34%
    DEVELOPMENTS0.49%INTERNATIONAL1.34%
    ACADEMY0.49%BUILDING1.34%
    IT0.49%M1.30%
    FINANCIAL0.49%ELECTRICAL1.25%
    PROPERTY0.49%SYSTEMS1.24%
    SYSTEMS0.42%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied350199,572
    7487 - Other business activities12363,348
    82990 - Other business support service activities not elsewhere classified6127,550
    70229 - Management consultancy activities other than financial management5814,505
    99999 - Dormant Company3816,285
    7414 - Business & management consultancy3713,474
    62020 - Information technology consultancy activities369,177
    9999 - Dormant Company3120,144
    74990 - Non-trading company288,243
    96090 - Other service activities not elsewhere classified238,799
    4521 - General construction & civil engineering206,598
    74909 - Other professional, scientific and technical activities not elsewhere classified197,088
    7222 - Other software consultancy and supply197,298
    9305 - Other service activities158,858
    62090 - Other information technology service activities156,330
    64999 - Financial intermediation not elsewhere classified132,527
    68100 - Buying and selling of own real estate132,446
    6523 - Other financial intermediation132,178
    43210 - Electrical installation122,980
    7011 - Development & sell real estate122,949

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07480493 JDF COMMUNICATIONS LIMITED 31 Dec 2010
    07477749 IMAM CULTURAL AND RESEARCH CENTRE 23 Dec 2010
    07474633 ACCESSORIZE GALLERY LIMITED 21 Dec 2010
    07474283 FAIRCLOUGH INNS LIMITED 20 Dec 2010
    07473308 GENIUS ENERGY LTD 20 Dec 2010
    07465793 RENEWLEC LIMITED 09 Dec 2010
    07460602 ASK ALI LIMITED 06 Dec 2010
    07460305 RSG ASSOCIATES LTD 06 Dec 2010
    07468152 NLR NOMINEE NO.2 LIMITED 13 Dec 2010
    07464515 NORTHDOWN OAKS RESIDENTS LIMITED 08 Dec 2010
    07464149 RHB CONSULTANTS (LONDON) LIMITED 08 Dec 2010
    07479458 LTC ELECTRICAL LIMITED 29 Dec 2010
    07479067 GUARD MAN SECURITY LTD 29 Dec 2010
    07472485 WATMICRO LIMITED 17 Dec 2010
    07467052 P.D.S. BUILDING SERVICES LIMITED 13 Dec 2010
    07460968 MATCHPOINT SPORTZ LIMITED 06 Dec 2010
    07460891 DLPPS LTD 06 Dec 2010
    07477470 BELMONT CEDAR PARK LIMITED 23 Dec 2010
    07475464 I 3 TRADING LIMITED 21 Dec 2010
    07470620 JH MARKET STRATEGY LIMITED 15 Dec 2010
    07465330 AD DAWSON LTD 09 Dec 2010
    07458418 B M LIVE EVENTS LIMITED 02 Dec 2010
    07456172 BMJK LIMITED 01 Dec 2010
    07474138 COTSWOLD BEVERAGE COMPANY LIMITED 20 Dec 2010
    07466087 LATER YEARS LTD 10 Dec 2010