Sutton Coldfield, West Midlands
Q1 2010 Business Confidence Report
Headlines
- January 2010 saw a new record in company registrations in Sutton Coldfield when compared to any previous January.
- February 2010 saw a new record in company closures in Sutton Coldfield when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 215 companies were registered in Sutton Coldfield during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 17.5% 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) Sutton Coldfield UK 2010 215 105,137 2009 183 91,034 % change 17.5% 15.5% Record Year 2007 (236) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
January 2010 saw a new record in company registrations in Sutton Coldfield when compared to any previous January.
New Companies by Month
January February March New companies in 2010 66 70 79 New companies in 2009 45 54 84 % change 46.7% 29.6% -6.0% Record Year 2010 (66) 2006 (78) 2007 (112)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 161 companies were dissolved in Sutton Coldfield during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 16.1% 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) Sutton Coldfield UK 2010 161 82,677 2009 192 108,060 % change -16.1% -23.5% Record Year 2009 (192) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Sutton Coldfield when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2010 43 43 75 Closed companies in 2009 44 39 109 % change -2.3% 10.3% -31% Record Year 2009 (44) 2010 (43) 2009 (109)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Sutton Coldfield during the first quarter of 2010 (Jan 2010 - Mar 2010) was 54 companies.
first quarter (Jan 2010 - Mar 2010) Sutton Coldfield UK 2010 54 22,460 2009 -9 -17,026 Record Year 2007 (129) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 23 27 4 Net growth in 2009 1 15 -25 Record Year 2005 (39) 2003 (55) 2007 (78)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Sutton Coldfield formed 0.2% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Sutton Coldfield 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.2% Record Year (since 1960) 1963 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change 36.1% 11.1% -21.8% Record Year 1962 (1.0%) 1963 (0.6%) 1963 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 45.6.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Sutton Coldfield was in 1861 when 40.0% of all directors were female.
24.2% of all director appointments in Sutton Coldfield 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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.76% MANAGEMENT 5.01% MANAGEMENT 1.60% CONSULTING 4.60% PROPERTY 1.52% CONSULTANCY 2.87% JOHNSON 1.28% PROPERTY 2.50% (MIDLANDS) 1.12% ASSOCIATES 2.04% MEDICAL 1.04% TRADING 1.93% NEVILLE 0.96% DESIGN 1.91% ASSOCIATES 0.88% CONSTRUCTION 1.87% MR 0.88% MEDIA 1.84% J 0.88% BUSINESS 1.74% IT 0.88% INTERNATIONAL 1.73% CONSULTANTS 0.80% CONSULTANTS 1.63% S 0.80% ENGINEERING 1.54% CARE 0.72% J 1.48% B 0.64% LONDON 1.45% TRAINING 0.64% INVESTMENTS 1.45% MRS 0.64% GROUP 1.37% PLC 0.64% GLOBAL 1.35% CONSULTANCY 0.64% PROPERTIES 1.35% BIRMINGHAM 0.64% BUILDING 1.34% TRANSPORT 0.56% CARE 1.33% COMMERCIAL 0.56% ELECTRICAL 1.30% FINANCIAL 0.56% M 1.28% WEALTH 0.56% SYSTEMS 1.25% SYSTEMS 0.48% 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 323 228,645 7487 - Other business activities 124 74,904 7414 - Business & management consultancy 45 17,003 82990 - Other business support service activities not elsewhere classified 33 26,974 62020 - Information technology consultancy activities 30 9,943 9999 - Dormant Company 29 19,948 99999 - Dormant Company 26 13,808 70229 - Management consultancy activities other than financial management 25 14,007 7222 - Other software consultancy and supply 22 9,659 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,143 7499 - Non-trading company 18 15,398 62090 - Other information technology service activities 17 6,340 4521 - General construction & civil engineering 16 9,325 9305 - Other service activities 15 9,038 96090 - Other service activities not elsewhere classified 10 8,154 7011 - Development & sell real estate 9 5,300 7260 - Other computer related activities 9 10,331 7412 - Accounting, auditing; tax consult 9 2,818 86210 - General medical practice activities 9 1,098 69201 - Accounting and auditing activities 9 3,077
Recent Companies
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Randomly selected companies from this quarter
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