Stourbridge, West Midlands

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Stourbridge 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 467 companies were formed in Stourbridge in 2010. This total is 7.9% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearStourbridgeUK
    2010467400,358
    2009433362,675
    2008387349,203
    2007489457,649
    2006439405,440
    Record Year2003 (498)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 216 companies were formed in Stourbridge. This figure is 5.4% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Stourbridge occurred in 2003 when a total of 237 were formed.

    Half Year (Jul-Dec)StourbridgeUK
    2010216196,609
    2009205180,654
    % change5.4%8.8%
    Record Year2003 (237)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 109 companies were registered in Stourbridge during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 13.5% versus the same period last year (Q4 2009). This figure compares equally 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)StourbridgeUK
    201010995,117
    20099685,983
    % change13.5%10.6%
    Record Year 2002 (142) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010383734
    New companies in 2009422925
    % change-9.5%27.6%36.0%
    Record Year2002 (49)2002 (54)2002 (39)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 402 companies were dissolved in Stourbridge in 2010. This total is 19.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearStourbridgeUK
    2010402342,232
    2009502533,773
    2008247237,901
    2007254220,295
    2006240200,166
    Record Year2009 (502)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 182 companies were dissolved in Stourbridge. This figure is 22.6% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Stourbridge occurred in 2009 when a total of 235 were closed.

    Half Year (Jul-Dec)StourbridgeUK
    2010182164,601
    2009235244,537
    % change-22.6%-32.7%
    Record Year2009 (235)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 86 companies were dissolved in Stourbridge during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 12.2% 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)StourbridgeUK
    20108676,896
    20099885,136
    % change-12.2%-9.7%
    Record Year 2009 (98) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010353714
    Closed companies in 2009363032
    % change-2.8%23.3%-56%
    Record Year2006 (37)2010 (37)2009 (32)

Net Company Growth

  1. Annual Data (2010)

    A total of 65 companies were added to the company register for Stourbridge in 2010. This number represents growth of 15.0% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 134 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Stourbridge company register grew by 277 companies.

    YearStourbridgeUK
    20106558,126
    2009-69-171,098
    2008140111,302
    2007235237,354
    2006199205,274
    Record Year2003 (277)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Stourbridge increased by 34 companies.

    Half Year (Jul-Dec)StourbridgeUK
    20103432,008
    2009-30-63,883
    Record Year2002 (118)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Stourbridge during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 23 companies.

    fourth quarter (Oct 2010 - Dec 2010)StourbridgeUK
    20102318,221
    2009-2847
    Record Year 2002 (72) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20103020
    Net growth in 20096-1-7
    Record Year2003 (30)2002 (25)2002 (27)

UK Company Share

  1. Annual Data (2010)

    In 2010 Stourbridge formed 0.1% of all UK companies. This is no change on 2009 when Stourbridge was responsible for 0.1% of all UK companies.

    YearStourbridge
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1963 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Stourbridge formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Stourbridge
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1963 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Stourbridge
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1975 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-20.8%14.1%29.4%
    Record Year1966 (0.5%)1963 (0.5%)1968 (0.7%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 46.9.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.0% 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 47.3.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 6.9% 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 48.2.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 10.5% 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 Stourbridge was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Stourbridge in 2010 was 25.6%. 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 Stourbridge was 1860 when 42.9% of all directors were female.

    27.1% of all director appointments in Stourbridge 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 Stourbridge was in 1977 when 31.1% of all directors were female.

    28.4% of all director appointments in Stourbridge 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
    MANAGEMENT1.82%CONSULTING5.06%
    MIDLANDS0.97%MANAGEMENT5.01%
    INTERIORS0.85%CONSULTANCY3.14%
    CARE0.85%PROPERTY2.36%
    CONSULTING0.85%TRADING2.11%
    IT0.85%ASSOCIATES1.95%
    DEVELOPMENTS0.73%DESIGN1.92%
    CONSULTANCY0.73%BUSINESS1.82%
    ENTERPRISES0.73%CONSTRUCTION1.82%
    PROPERTIES0.61%CONSULTANTS1.76%
    FINANCIAL0.61%MEDIA1.71%
    SUPPLIES0.61%ENGINEERING1.62%
    ELECTRICAL0.61%LONDON1.60%
    WEST0.61%CARE1.45%
    BUSINESS0.61%INVESTMENTS1.44%
    M0.49%GLOBAL1.43%
    D0.49%J1.42%
    TRADING0.49%IT1.41%
    NETWORK0.49%PROPERTIES1.34%
    C0.49%INTERNATIONAL1.34%
    G0.49%BUILDING1.34%
    MECHANICAL0.49%M1.30%
    INSTALLATIONS0.49%ELECTRICAL1.25%
    TAYLOR0.49%SYSTEMS1.24%
    MIDLAND0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied209199,572
    7487 - Other business activities8063,348
    9999 - Dormant Company2420,144
    74909 - Other professional, scientific and technical activities not elsewhere classified227,088
    7499 - Non-trading company1912,000
    82990 - Other business support service activities not elsewhere classified1827,550
    74990 - Non-trading company178,243
    6024 - Freight transport by road132,401
    7414 - Business & management consultancy1213,474
    70229 - Management consultancy activities other than financial management1214,505
    99999 - Dormant Company1016,285
    41100 - Development of building projects103,765
    32990 - Other manufacturing not elsewhere classified101,405
    62020 - Information technology consultancy activities99,177
    7260 - Other computer related activities88,089
    4521 - General construction & civil engineering76,598
    96090 - Other service activities not elsewhere classified78,799
    9305 - Other service activities78,858
    62090 - Other information technology service activities66,330
    96020 - Hairdressing and other beauty treatment51,873

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07476789 COLMIK CONSTRUCTION (UK) LIMITED 22 Dec 2010
    07457080 ECO METER INSTALLATIONS LTD 01 Dec 2010
    07480658 HAGLEY STOVES LIMITED 31 Dec 2010
    07478985 AMBIT SOLUTIONS LIMITED 29 Dec 2010
    07477084 DRIVER NETWORK RECRUITMENT LIMITED 23 Dec 2010
    07477067 DRIVER NETWORK LIMITED 23 Dec 2010
    07476551 ESTEREL COMMUNICATIONS LIMITED 22 Dec 2010
    07475765 FOREST SCHOOLS BIRMINGHAM CIC 21 Dec 2010
    07472484 AUDNAM PLUMBING & HEATING COMPANY LIMITED 17 Dec 2010
    07471863 KFI MANAGEMENT LIMITED 16 Dec 2010
    07464691 KRANCAR LIMITED 09 Dec 2010
    07461581 RIDE AND SLIDE ACTIVITY HOLIDAYS LIMITED 07 Dec 2010
    07458042 S & B EVENTS LTD 02 Dec 2010
    07479514 RECRUITMENT.CO.UK (MIDLANDS) LIMITED 29 Dec 2010
    07479122 SRM AUTO DIAGNOSTICS LTD 29 Dec 2010
    07479017 YM LOCUM SERVICES LTD 29 Dec 2010
    07474069 CALIBRE SPORTS GROUP LIMITED 20 Dec 2010
    07466095 NET4 LIMITED 10 Dec 2010
    07465698 PRESTIGE VEHICLE LEASING LTD 09 Dec 2010
    07464766 MIDLANDS SURFACE ANALYSIS LIMITED 09 Dec 2010
    07462496 SPONSOR A SIGN LTD 07 Dec 2010
    07461442 PALINGS MECHANICAL & ELECTRICAL SERVICES LIMITED 06 Dec 2010
    07461004 CROSSWELLS INN LIMITED 06 Dec 2010
    07458665 ALAN FLATMAN LIMITED 02 Dec 2010
    07456622 K D UTILITY SOLUTIONS LTD 01 Dec 2010