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
New Company Registrations
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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.
Year Solihull UK 2010 875 400,358 2009 741 362,675 2008 808 349,203 2007 937 457,649 2006 821 405,440 Record Year 2007 (937) 2007 (457,649) New Companies by Year
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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) Solihull UK 2010 443 196,609 2009 370 180,654 % change 19.7% 8.8% Record Year 2010 (443) 2003 (201,446) New Companies by Half Year
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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) Solihull UK 2010 220 95,117 2009 170 85,983 % change 29.4% 10.6% Record Year 2010 (220) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 68 93 59 New companies in 2009 65 62 43 % change 4.6% 50.0% 37.2% Record Year 2002 (86) 2010 (93) 2010 (59)
Closed Companies (dissolved)
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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.
Year Solihull UK 2010 686 342,232 2009 927 533,773 2008 493 237,901 2007 454 220,295 2006 449 200,166 Record Year 2009 (927) 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 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) Solihull UK 2010 331 164,601 2009 409 244,537 % change -19.1% -32.7% Record Year 2009 (409) 2009 (244,537) Dissolved Companies by Half Year
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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) Solihull UK 2010 145 76,896 2009 164 85,136 % change -11.6% -9.7% Record Year 2009 (164) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 49 60 36 Closed companies in 2009 47 62 55 % change 4.3% -3.2% -35% Record Year 2001 (85) 2009 (62) 2009 (55)
Net Company Growth
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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.
Year Solihull UK 2010 189 58,126 2009 -186 -171,098 2008 315 111,302 2007 483 237,354 2006 372 205,274 Record Year 2003 (507) 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 Solihull increased by 112 companies.
Half Year (Jul-Dec) Solihull UK 2010 112 32,008 2009 -39 -63,883 Record Year 2003 (216) 2003 (117,772) Net Growth by Half Year
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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) Solihull UK 2010 75 18,221 2009 6 847 Record Year 2003 (104) 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 19 33 23 Net growth in 2009 18 0 -12 Record Year 2008 (48) 2003 (49) 2007 (43)
UK Company Share
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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.
Year Solihull 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1960 (0.4%) Company Share by Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.4%) Company Share by Half Year
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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 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.6%) 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 0.2% 0.3% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -8.4% 34.1% 30.6% Record Year 1961 (0.8%) 1971 (0.5%) 1967 (0.9%)
Director Age
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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
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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
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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
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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
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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
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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
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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 CONSULTING 2.47% CONSULTING 5.06% MANAGEMENT 2.12% MANAGEMENT 5.01% CONSULTANCY 1.41% CONSULTANCY 3.14% ASSOCIATES 1.13% PROPERTY 2.36% SOLIHULL 1.13% TRADING 2.11% (MIDLANDS) 0.85% ASSOCIATES 1.95% C 0.85% DESIGN 1.92% CONSTRUCTION 0.78% BUSINESS 1.82% MEDICAL 0.71% CONSTRUCTION 1.82% DESIGN 0.63% CONSULTANTS 1.76% R 0.63% MEDIA 1.71% J 0.63% ENGINEERING 1.62% BUILDING 0.63% LONDON 1.60% ELECTRICAL 0.56% CARE 1.45% CONSULTANTS 0.56% INVESTMENTS 1.44% (SOLIHULL) 0.56% GLOBAL 1.43% M 0.56% J 1.42% ENGINEERING 0.49% IT 1.41% CONTRACTS 0.49% PROPERTIES 1.34% DEVELOPMENTS 0.49% INTERNATIONAL 1.34% ACADEMY 0.49% BUILDING 1.34% IT 0.49% M 1.30% FINANCIAL 0.49% ELECTRICAL 1.25% PROPERTY 0.49% SYSTEMS 1.24% SYSTEMS 0.42% 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 350 199,572 7487 - Other business activities 123 63,348 82990 - Other business support service activities not elsewhere classified 61 27,550 70229 - Management consultancy activities other than financial management 58 14,505 99999 - Dormant Company 38 16,285 7414 - Business & management consultancy 37 13,474 62020 - Information technology consultancy activities 36 9,177 9999 - Dormant Company 31 20,144 74990 - Non-trading company 28 8,243 96090 - Other service activities not elsewhere classified 23 8,799 4521 - General construction & civil engineering 20 6,598 74909 - Other professional, scientific and technical activities not elsewhere classified 19 7,088 7222 - Other software consultancy and supply 19 7,298 9305 - Other service activities 15 8,858 62090 - Other information technology service activities 15 6,330 64999 - Financial intermediation not elsewhere classified 13 2,527 68100 - Buying and selling of own real estate 13 2,446 6523 - Other financial intermediation 13 2,178 43210 - Electrical installation 12 2,980 7011 - Development & sell real estate 12 2,949
Recent Companies
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Randomly selected companies from this quarter
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