Sutton Coldfield, West Midlands
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company closures in Sutton Coldfield when compared to any previous February.
- January 2011 saw a new record in company closures in Sutton Coldfield when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 205 companies were registered in Sutton Coldfield during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 4.7% versus the same period last year (Q1 2010). This figure compares badly 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) Sutton Coldfield UK 2011 205 116,391 2010 215 105,137 % change -4.7% 10.7% Record Year 2007 (236) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 59 65 81 New companies in 2010 66 70 79 % change -10.6% -7.1% 2.5% Record Year 2010 (66) 2006 (78) 2007 (112)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 178 companies were dissolved in Sutton Coldfield during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 10.6% versus the same period last year (Q1 2010). This figure compares poorly 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) Sutton Coldfield UK 2011 178 90,986 2010 161 82,677 % change 10.6% 10.0% Record Year 2009 (192) 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 Sutton Coldfield when compared to any previous February.
January 2011 saw a new record in company closures in Sutton Coldfield when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 78 46 54 Closed companies in 2010 43 43 75 % change 81.4% 7.0% -28% Record Year 2011 (78) 2011 (46) 2009 (109)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Sutton Coldfield during the first quarter of 2011 (Jan 2011 - Mar 2011) was 27 companies.
first quarter (Jan 2011 - Mar 2011) Sutton Coldfield UK 2011 27 25,405 2010 54 22,460 Record Year 2007 (129) 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 -19 19 27 Net growth in 2010 23 27 4 Record Year 2005 (39) 2003 (55) 2007 (78)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Sutton Coldfield formed 0.2% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Sutton Coldfield 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% Record Year (since 1960) 1963 (0.5%) 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 -22.9% -18.4% -2.2% Record Year 1962 (1.0%) 1963 (0.6%) 1963 (0.5%)
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 44.4.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.8% 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 Sutton Coldfield was in 1861 when 40.0% of all directors were female.
23.5% of all director appointments in Sutton Coldfield 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 MANAGEMENT 2.08% CONSULTING 5.04% CONSULTANCY 1.52% MANAGEMENT 4.97% CONSULTING 1.28% CONSULTANCY 3.16% JOHNSON 1.04% PROPERTY 2.38% DESIGN 0.96% TRADING 2.10% PROPERTY 0.96% DESIGN 1.93% ASSOCIATES 0.88% ASSOCIATES 1.92% FINANCIAL 0.80% BUSINESS 1.87% SUTTON 0.80% CONSTRUCTION 1.80% J 0.72% CONSULTANTS 1.76% INTERNATIONAL 0.72% MEDIA 1.69% IT 0.72% ENGINEERING 1.61% (MIDLANDS) 0.72% LONDON 1.60% NEVILLE 0.72% CARE 1.45% MR 0.72% J 1.45% TRADING 0.64% GLOBAL 1.44% INVESTMENTS 0.64% INVESTMENTS 1.43% ELECTRICAL 0.64% IT 1.41% PROPERTIES 0.64% PROPERTIES 1.36% SYSTEMS 0.56% BUILDING 1.34% D 0.56% M 1.30% CONSULTANTS 0.56% ELECTRICAL 1.28% MEDICAL 0.56% S 1.24% MRS 0.56% INTERNATIONAL 1.23% PLC 0.56% 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 312 202,798 7487 - Other business activities 94 60,968 82990 - Other business support service activities not elsewhere classified 55 30,253 70229 - Management consultancy activities other than financial management 39 16,150 99999 - Dormant Company 37 18,336 62020 - Information technology consultancy activities 33 10,246 9999 - Dormant Company 32 19,765 7414 - Business & management consultancy 30 12,916 74909 - Other professional, scientific and technical activities not elsewhere classified 24 7,788 7222 - Other software consultancy and supply 22 7,000 96090 - Other service activities not elsewhere classified 19 10,085 9305 - Other service activities 18 8,740 7411 - Legal activities 17 1,275 7499 - Non-trading company 16 11,316 86210 - General medical practice activities 15 1,874 62090 - Other information technology service activities 13 6,996 74990 - Non-trading company 11 8,695 86900 - Other human health activities 11 4,092 85310 - General secondary education 11 359 7260 - Other computer related activities 10 7,789
Recent Companies
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Randomly selected companies from this quarter
reports
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