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
New Company Registrations
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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.
Year Stourbridge UK 2010 467 400,358 2009 433 362,675 2008 387 349,203 2007 489 457,649 2006 439 405,440 Record Year 2003 (498) 2007 (457,649) New Companies by Year
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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) Stourbridge UK 2010 216 196,609 2009 205 180,654 % change 5.4% 8.8% Record Year 2003 (237) 2003 (201,446) New Companies by Half Year
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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) Stourbridge UK 2010 109 95,117 2009 96 85,983 % change 13.5% 10.6% Record Year 2002 (142) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 38 37 34 New companies in 2009 42 29 25 % change -9.5% 27.6% 36.0% Record Year 2002 (49) 2002 (54) 2002 (39)
Closed Companies (dissolved)
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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.
Year Stourbridge UK 2010 402 342,232 2009 502 533,773 2008 247 237,901 2007 254 220,295 2006 240 200,166 Record Year 2009 (502) 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 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) Stourbridge UK 2010 182 164,601 2009 235 244,537 % change -22.6% -32.7% Record Year 2009 (235) 2009 (244,537) Dissolved Companies by Half Year
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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) Stourbridge UK 2010 86 76,896 2009 98 85,136 % change -12.2% -9.7% Record Year 2009 (98) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 35 37 14 Closed companies in 2009 36 30 32 % change -2.8% 23.3% -56% Record Year 2006 (37) 2010 (37) 2009 (32)
Net Company Growth
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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.
Year Stourbridge UK 2010 65 58,126 2009 -69 -171,098 2008 140 111,302 2007 235 237,354 2006 199 205,274 Record Year 2003 (277) 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 Stourbridge increased by 34 companies.
Half Year (Jul-Dec) Stourbridge UK 2010 34 32,008 2009 -30 -63,883 Record Year 2002 (118) 2003 (117,772) Net Growth by Half Year
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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) Stourbridge UK 2010 23 18,221 2009 -2 847 Record Year 2002 (72) 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 3 0 20 Net growth in 2009 6 -1 -7 Record Year 2003 (30) 2002 (25) 2002 (27)
UK Company Share
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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.
Year Stourbridge 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1963 (0.2%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1963 (0.3%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.3%) 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 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -20.8% 14.1% 29.4% Record Year 1966 (0.5%) 1963 (0.5%) 1968 (0.7%)
Director Age
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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
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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
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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
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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
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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
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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
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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 MANAGEMENT 1.82% CONSULTING 5.06% MIDLANDS 0.97% MANAGEMENT 5.01% INTERIORS 0.85% CONSULTANCY 3.14% CARE 0.85% PROPERTY 2.36% CONSULTING 0.85% TRADING 2.11% IT 0.85% ASSOCIATES 1.95% DEVELOPMENTS 0.73% DESIGN 1.92% CONSULTANCY 0.73% BUSINESS 1.82% ENTERPRISES 0.73% CONSTRUCTION 1.82% PROPERTIES 0.61% CONSULTANTS 1.76% FINANCIAL 0.61% MEDIA 1.71% SUPPLIES 0.61% ENGINEERING 1.62% ELECTRICAL 0.61% LONDON 1.60% WEST 0.61% CARE 1.45% BUSINESS 0.61% INVESTMENTS 1.44% M 0.49% GLOBAL 1.43% D 0.49% J 1.42% TRADING 0.49% IT 1.41% NETWORK 0.49% PROPERTIES 1.34% C 0.49% INTERNATIONAL 1.34% G 0.49% BUILDING 1.34% MECHANICAL 0.49% M 1.30% INSTALLATIONS 0.49% ELECTRICAL 1.25% TAYLOR 0.49% SYSTEMS 1.24% MIDLAND 0.49% 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 209 199,572 7487 - Other business activities 80 63,348 9999 - Dormant Company 24 20,144 74909 - Other professional, scientific and technical activities not elsewhere classified 22 7,088 7499 - Non-trading company 19 12,000 82990 - Other business support service activities not elsewhere classified 18 27,550 74990 - Non-trading company 17 8,243 6024 - Freight transport by road 13 2,401 7414 - Business & management consultancy 12 13,474 70229 - Management consultancy activities other than financial management 12 14,505 99999 - Dormant Company 10 16,285 41100 - Development of building projects 10 3,765 32990 - Other manufacturing not elsewhere classified 10 1,405 62020 - Information technology consultancy activities 9 9,177 7260 - Other computer related activities 8 8,089 4521 - General construction & civil engineering 7 6,598 96090 - Other service activities not elsewhere classified 7 8,799 9305 - Other service activities 7 8,858 62090 - Other information technology service activities 6 6,330 96020 - Hairdressing and other beauty treatment 5 1,873
Recent Companies
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Randomly selected companies from this quarter
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