Stourbridge, West Midlands

Q1 2010 Business Confidence Report

Headlines

  • March 2010 saw a new record in company registrations in Stourbridge when compared to any previous March.
  • March 2010 was a record month for company registrations in Stourbridge when compared to any month in history.
  • February 2010 saw a new record in company closures in Stourbridge when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 139 companies were registered in Stourbridge during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 18.8% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)StourbridgeUK
    2010139105,137
    200911791,034
    % change18.8%15.5%
    Record Year 2007 (148) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company registrations in Stourbridge when compared to any previous March.

    March 2010 was a record month for company registrations in Stourbridge when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010364162
    New companies in 2009382851
    % change-5.3%46.4%21.6%
    Record Year2004 (45)2003 (51)2010 (62)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 104 companies were dissolved in Stourbridge during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 8.0% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)StourbridgeUK
    201010482,677
    2009113108,060
    % change-8.0%-23.5%
    Record Year 2009 (113) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Stourbridge when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010183848
    Closed companies in 2009311864
    % change-41.9%111.1%-25%
    Record Year2009 (31)2010 (38)2009 (64)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Stourbridge during the first quarter of 2010 (Jan 2010 - Mar 2010) was 35 companies.

    first quarter (Jan 2010 - Mar 2010)StourbridgeUK
    20103522,460
    20094-17,026
    Record Year 2003 (89) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201018314
    Net growth in 2009710-13
    Record Year2005 (28)2003 (38)2007 (43)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Stourbridge formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Stourbridge
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-12.1%25.4%1.0%
    Record Year1964 (0.6%)1965 (0.4%)1963 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 46.2.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Stourbridge was in 1861 when 40.0% of all directors were female.

    22.6% of all director appointments in Stourbridge in the first 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 (Mar 2009-Mar 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.87%MANAGEMENT5.01%
    ENGINEERING1.00%CONSULTING4.60%
    ENTERPRISES1.00%CONSULTANCY2.87%
    ELECTRICAL0.87%PROPERTY2.50%
    DEVELOPMENT0.87%ASSOCIATES2.04%
    EDUCATION0.75%TRADING1.93%
    CONSULTING0.75%DESIGN1.91%
    ASSOCIATES0.75%CONSTRUCTION1.87%
    MIDLANDS0.75%MEDIA1.84%
    FINANCIAL0.62%BUSINESS1.74%
    MIDLAND0.62%INTERNATIONAL1.73%
    J0.62%CONSULTANTS1.63%
    WEB0.62%ENGINEERING1.54%
    DESIGN0.62%J1.48%
    PROPERTY0.62%LONDON1.45%
    CONSULTANCY0.62%INVESTMENTS1.45%
    LEGAL0.62%GROUP1.37%
    T0.50%GLOBAL1.35%
    SHOP0.50%PROPERTIES1.35%
    COMMUNITY0.50%BUILDING1.34%
    LEAN0.50%CARE1.33%
    DEVELOPMENTS0.50%ELECTRICAL1.30%
    B0.50%M1.28%
    MICHAEL0.50%SYSTEMS1.25%
    CARE0.50%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied205228,645
    7487 - Other business activities9274,904
    74909 - Other professional, scientific and technical activities not elsewhere classified267,143
    7414 - Business & management consultancy2417,003
    62020 - Information technology consultancy activities199,943
    70229 - Management consultancy activities other than financial management1814,007
    9999 - Dormant Company1619,948
    7499 - Non-trading company1515,398
    74990 - Non-trading company158,149
    82990 - Other business support service activities not elsewhere classified1526,974
    6024 - Freight transport by road143,665
    9305 - Other service activities149,038
    7260 - Other computer related activities1110,331
    41100 - Development of building projects104,513
    4521 - General construction & civil engineering109,325
    62090 - Other information technology service activities96,340
    4531 - Installation electrical wiring etc.82,729
    7011 - Development & sell real estate85,300
    99999 - Dormant Company813,808
    62012 - Business and domestic software development72,646

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07170673 SEC CARPENTERS LIMITED 26 Feb 2010
    07156450 DALMART SUPPLIES LIMITED 12 Feb 2010
    07166390 V&H ENTERPRISE LTD 23 Feb 2010
    07163889 WOLSEY SAUSAGE COMPANY LIMITED 22 Feb 2010
    07160784 CLOVERLEAF CONSULTING LIMITED 17 Feb 2010
    07159404 CASTLE NURSERY (BROMSGROVE) LIMITED 16 Feb 2010
    07152385 MATCHPLAY GAMES LTD 10 Feb 2010
    07152308 LAND AND HOUSE DIRECT LIMITED 10 Feb 2010
    07151993 ASPIRE IT TRAINING LIMITED 09 Feb 2010
    07151946 BM RACING LIMITED 09 Feb 2010
    07151858 BIG CAT DIGITAL LIMITED 09 Feb 2010
    07149517 TOOTHDR LIMITED 08 Feb 2010
    07148639 STYLEFOX LIMITED 05 Feb 2010
    07146055 THE CONNECTED IT COMPANY LTD 04 Feb 2010
    07145987 LEX ALLAN LIMITED 04 Feb 2010
    07169661 KESTREL COLLEGE LIMITED 25 Feb 2010
    07168701 JENHOL MECHANICAL SERVICES LIMITED 25 Feb 2010
    07166553 GORDONS PROPERTY MANAGEMENT LTD 23 Feb 2010
    07166420 LION METAL RECYCLING LTD 23 Feb 2010
    07166007 ALBASIT SERVICES LTD 23 Feb 2010
    07165489 WEST MIDLAND ELECTRICAL SERVICES LIMITED 23 Feb 2010
    07157307 ASK INTERNATIONAL EDUCATION LTD 15 Feb 2010
    07157175 TAS MEDICO LIMITED 15 Feb 2010
    07145490 M G BELL LIMITED 03 Feb 2010
    07143497 THE CATALOGUE SHOP LIMITED 02 Feb 2010