Swansea, Swansea
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Swansea when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 962 companies were formed in Swansea in 2010. This total is 14.3% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Swansea UK 2010 962 400,358 2009 842 362,675 2008 911 349,203 2007 1,090 457,649 2006 932 405,440 Record Year 2003 (1,103) 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 483 companies were formed in Swansea. This figure is 23.2% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Swansea occurred in 2007 when a total of 530 were formed.
Half Year (Jul-Dec) Swansea UK 2010 483 196,609 2009 392 180,654 % change 23.2% 8.8% Record Year 2007 (530) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 204 companies were registered in Swansea during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 14.6% 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) Swansea UK 2010 204 95,117 2009 178 85,983 % change 14.6% 10.6% Record Year 2003 (268) 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 64 80 60 New companies in 2009 57 73 48 % change 12.3% 9.6% 25.0% Record Year 2003 (101) 2006 (87) 2003 (82)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 845 companies were dissolved in Swansea in 2010. This total is 31.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Swansea UK 2010 845 342,232 2009 1,231 533,773 2008 550 237,901 2007 523 220,295 2006 438 200,166 Record Year 2009 (1,231) 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 437 companies were dissolved in Swansea. This figure is 21.1% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Swansea occurred in 2009 when a total of 554 were closed.
Half Year (Jul-Dec) Swansea UK 2010 437 164,601 2009 554 244,537 % change -21.1% -32.7% Record Year 2009 (554) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 196 companies were dissolved in Swansea during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 10.9% 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) Swansea UK 2010 196 76,896 2009 220 85,136 % change -10.9% -9.7% Record Year 2009 (220) 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 Swansea when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 59 92 45 Closed companies in 2009 68 68 84 % change -13.2% 35.3% -46% Record Year 2009 (68) 2010 (92) 2009 (84)
Net Company Growth
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Annual Data (2010)
A total of 117 companies were added to the company register for Swansea in 2010. This number represents growth of 13.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 506 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Swansea company register grew by 708 companies.
Year Swansea UK 2010 117 58,126 2009 -389 -171,098 2008 361 111,302 2007 567 237,354 2006 494 205,274 Record Year 2003 (708) 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 Swansea increased by 46 companies.
Half Year (Jul-Dec) Swansea UK 2010 46 32,008 2009 -162 -63,883 Record Year 2003 (330) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Swansea during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 8 companies.
fourth quarter (Oct 2010 - Dec 2010) Swansea UK 2010 8 18,221 2009 -42 847 Record Year 2003 (178) 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 5 -12 15 Net growth in 2009 -11 5 -36 Record Year 2003 (80) 2006 (51) 2003 (63)
UK Company Share
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Annual Data (2010)
In 2010 Swansea formed 0.2% of all UK companies. This is no change on 2009 when Swansea was responsible for 0.2% of all UK companies.
Year Swansea 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1962 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Swansea formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jul-Dec) Swansea 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.3% 2006 0.2% Record Year (since 1960) 1962 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Swansea formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Swansea 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1962 (0.6%) 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 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -1.7% -2.0% 18.9% Record Year 1972 (0.7%) 1962 (0.9%) 1971 (0.9%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.8.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 3.8% 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 43.6.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.8% 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 43.7.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.9% 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 Swansea was 1857 when 36.4% of all directors were female.
The percentage of female directors in Swansea in 2010 was 29.1%. 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 Swansea was 1860 when 42.9% of all directors were female.
25.5% of all director appointments in Swansea 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 Swansea was in 1977 when 31.1% of all directors were female.
23.4% of all director appointments in Swansea 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 MATILDASPLANET 2.15% CONSULTING 5.06% SWANSEA 2.01% MANAGEMENT 5.01% (SWANSEA) 1.68% CONSULTANCY 3.14% MANAGEMENT 1.61% PROPERTY 2.36% (WALES) 1.28% TRADING 2.11% WALES 1.14% ASSOCIATES 1.95% SYSTEMS 1.14% DESIGN 1.92% PROPERTIES 0.87% BUSINESS 1.82% ELECTRICAL 0.87% CONSTRUCTION 1.82% CONSULTANCY 0.87% CONSULTANTS 1.76% J 0.81% MEDIA 1.71% ENGINEERING 0.81% ENGINEERING 1.62% ENTERPRISES 0.81% LONDON 1.60% PROPERTY 0.74% CARE 1.45% CONSULTING 0.67% INVESTMENTS 1.44% CONSTRUCTION 0.60% GLOBAL 1.43% ASSOCIATES 0.60% J 1.42% TRAINING 0.54% IT 1.41% CENTRE 0.54% PROPERTIES 1.34% TECHNOLOGY 0.54% INTERNATIONAL 1.34% CLEANING 0.54% BUILDING 1.34% GOWER 0.54% M 1.30% HOME 0.54% ELECTRICAL 1.25% SOUTH 0.54% SYSTEMS 1.24% SECURITY 0.47% 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 537 199,572 7487 - Other business activities 104 63,348 9999 - Dormant Company 49 20,144 99999 - Dormant Company 43 16,285 82990 - Other business support service activities not elsewhere classified 39 27,550 96090 - Other service activities not elsewhere classified 26 8,799 4521 - General construction & civil engineering 22 6,598 9305 - Other service activities 19 8,858 7222 - Other software consultancy and supply 19 7,298 74909 - Other professional, scientific and technical activities not elsewhere classified 18 7,088 70229 - Management consultancy activities other than financial management 18 14,505 7414 - Business & management consultancy 16 13,474 62020 - Information technology consultancy activities 15 9,177 5540 - Bars 15 2,093 69201 - Accounting and auditing activities 14 3,088 7260 - Other computer related activities 14 8,089 68209 - Other letting and operating of own or leased real estate 14 3,755 4545 - Other building completion 12 2,598 5010 - Sale of motor vehicles 12 1,027 86900 - Other human health activities 12 3,700
Recent Companies
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Randomly selected companies from this quarter
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