Solihull, West Midlands
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company registrations in Solihull when compared to any previous February.
- February 2011 saw a new record in company closures in Solihull when compared to any previous February.
- January 2011 saw a new record in company closures in Solihull when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 263 companies were registered in Solihull during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 14.8% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Solihull UK 2011 263 116,391 2010 229 105,137 % change 14.8% 10.7% Record Year 2007 (268) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in Solihull when compared to any previous February.
New Companies by Month
January February March New companies in 2011 68 86 109 New companies in 2010 65 72 92 % change 4.6% 19.4% 18.5% Record Year 2006 (75) 2011 (86) 2007 (119)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 170 companies were dissolved in Solihull during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 6.9% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Solihull UK 2011 170 90,986 2010 159 82,677 % change 6.9% 10.0% Record Year 2009 (187) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Solihull when compared to any previous February.
January 2011 saw a new record in company closures in Solihull when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 62 58 50 Closed companies in 2010 38 43 78 % change 63.2% 34.9% -36% Record Year 2011 (62) 2011 (58) 2009 (106)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Solihull during the first quarter of 2011 (Jan 2011 - Mar 2011) was 93 companies.
first quarter (Jan 2011 - Mar 2011) Solihull UK 2011 93 25,405 2010 70 22,460 Record Year 2007 (160) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 6 28 59 Net growth in 2010 27 29 14 Record Year 1997 (47) 2007 (51) 2007 (80)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Solihull formed 0.2% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Solihull 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1966 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.2% 0.2% 0.2% % change -9.7% 5.0% 13.0% Record Year 1968 (1.0%) 1966 (1.0%) 1960 (0.6%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 46.1.
The percentage of directors under the age of 25 was 2.6% 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 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Solihull was in 1861 when 40.0% of all directors were female.
27.4% of all director appointments in Solihull in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.77% CONSULTING 5.04% MANAGEMENT 2.35% MANAGEMENT 4.97% CONSULTANCY 1.66% CONSULTANCY 3.16% ASSOCIATES 1.31% PROPERTY 2.38% SOLIHULL 0.97% TRADING 2.10% PROPERTY 0.90% DESIGN 1.93% MEDICAL 0.76% ASSOCIATES 1.92% C 0.76% BUSINESS 1.87% CONSULTANTS 0.69% CONSTRUCTION 1.80% BUILDING 0.62% CONSULTANTS 1.76% R 0.62% MEDIA 1.69% CONSTRUCTION 0.62% ENGINEERING 1.61% M 0.62% LONDON 1.60% (MIDLANDS) 0.55% CARE 1.45% DEVELOPMENTS 0.55% J 1.45% D 0.48% GLOBAL 1.44% ACADEMY 0.48% INVESTMENTS 1.43% ENGINEERING 0.48% IT 1.41% IT 0.48% PROPERTIES 1.36% FINANCIAL 0.48% BUILDING 1.34% DESIGN 0.48% M 1.30% CARE 0.42% ELECTRICAL 1.28% WEALTH 0.42% S 1.24% SOLAR 0.42% INTERNATIONAL 1.23% (SOLIHULL) 0.42% SYSTEMS 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 341 202,798 7487 - Other business activities 117 60,968 82990 - Other business support service activities not elsewhere classified 75 30,253 70229 - Management consultancy activities other than financial management 61 16,150 99999 - Dormant Company 43 18,336 7414 - Business & management consultancy 33 12,916 74990 - Non-trading company 32 8,695 62020 - Information technology consultancy activities 31 10,246 96090 - Other service activities not elsewhere classified 30 10,085 9999 - Dormant Company 25 19,765 74909 - Other professional, scientific and technical activities not elsewhere classified 21 7,788 4521 - General construction & civil engineering 19 6,183 7222 - Other software consultancy and supply 18 7,000 9305 - Other service activities 17 8,740 7499 - Non-trading company 13 11,316 62090 - Other information technology service activities 13 6,996 64999 - Financial intermediation not elsewhere classified 13 2,754 70100 - Activities of head offices 13 2,849 43210 - Electrical installation 13 3,172 7260 - Other computer related activities 12 7,789
Recent Companies
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Randomly selected companies from this quarter
reports
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