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

  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 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.

    YearSwanseaUK
    2010962400,358
    2009842362,675
    2008911349,203
    20071,090457,649
    2006932405,440
    Record Year2003 (1,103)2007 (457,649)
    New Companies by Year
  2. 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)SwanseaUK
    2010483196,609
    2009392180,654
    % change23.2%8.8%
    Record Year2007 (530)2003 (201,446)
    New Companies by Half Year
  3. 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)SwanseaUK
    201020495,117
    200917885,983
    % change14.6%10.6%
    Record Year 2003 (268) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010648060
    New companies in 2009577348
    % change12.3%9.6%25.0%
    Record Year2003 (101)2006 (87)2003 (82)

Closed Companies (dissolved)

  1. 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.

    YearSwanseaUK
    2010845342,232
    20091,231533,773
    2008550237,901
    2007523220,295
    2006438200,166
    Record Year2009 (1,231)2009 (533,773)
    Dissolved Companies by Year
  2. 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)SwanseaUK
    2010437164,601
    2009554244,537
    % change-21.1%-32.7%
    Record Year2009 (554)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)SwanseaUK
    201019676,896
    200922085,136
    % change-10.9%-9.7%
    Record Year 2009 (220) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010599245
    Closed companies in 2009686884
    % change-13.2%35.3%-46%
    Record Year2009 (68)2010 (92)2009 (84)

Net Company Growth

  1. 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.

    YearSwanseaUK
    201011758,126
    2009-389-171,098
    2008361111,302
    2007567237,354
    2006494205,274
    Record Year2003 (708)2003 (242,543)
    Net Growth by Year
  2. 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)SwanseaUK
    20104632,008
    2009-162-63,883
    Record Year2003 (330)2003 (117,772)
    Net Growth by Half Year
  3. 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)SwanseaUK
    2010818,221
    2009-42847
    Record Year 2003 (178) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20105-1215
    Net growth in 2009-115-36
    Record Year2003 (80)2006 (51)2003 (63)

UK Company Share

  1. 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.

    YearSwansea
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960)1962 (0.5%)
    Company Share by Year
  2. 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
    20100.2%
    20090.2%
    20080.3%
    20070.3%
    20060.2%
    Record Year (since 1960) 1962 (0.5%)
    Company Share by Half Year
  3. 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
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1962 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-1.7%-2.0%18.9%
    Record Year1972 (0.7%)1962 (0.9%)1971 (0.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    MATILDASPLANET2.15%CONSULTING5.06%
    SWANSEA2.01%MANAGEMENT5.01%
    (SWANSEA)1.68%CONSULTANCY3.14%
    MANAGEMENT1.61%PROPERTY2.36%
    (WALES)1.28%TRADING2.11%
    WALES1.14%ASSOCIATES1.95%
    SYSTEMS1.14%DESIGN1.92%
    PROPERTIES0.87%BUSINESS1.82%
    ELECTRICAL0.87%CONSTRUCTION1.82%
    CONSULTANCY0.87%CONSULTANTS1.76%
    J0.81%MEDIA1.71%
    ENGINEERING0.81%ENGINEERING1.62%
    ENTERPRISES0.81%LONDON1.60%
    PROPERTY0.74%CARE1.45%
    CONSULTING0.67%INVESTMENTS1.44%
    CONSTRUCTION0.60%GLOBAL1.43%
    ASSOCIATES0.60%J1.42%
    TRAINING0.54%IT1.41%
    CENTRE0.54%PROPERTIES1.34%
    TECHNOLOGY0.54%INTERNATIONAL1.34%
    CLEANING0.54%BUILDING1.34%
    GOWER0.54%M1.30%
    HOME0.54%ELECTRICAL1.25%
    SOUTH0.54%SYSTEMS1.24%
    SECURITY0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied537199,572
    7487 - Other business activities10463,348
    9999 - Dormant Company4920,144
    99999 - Dormant Company4316,285
    82990 - Other business support service activities not elsewhere classified3927,550
    96090 - Other service activities not elsewhere classified268,799
    4521 - General construction & civil engineering226,598
    9305 - Other service activities198,858
    7222 - Other software consultancy and supply197,298
    74909 - Other professional, scientific and technical activities not elsewhere classified187,088
    70229 - Management consultancy activities other than financial management1814,505
    7414 - Business & management consultancy1613,474
    62020 - Information technology consultancy activities159,177
    5540 - Bars152,093
    69201 - Accounting and auditing activities143,088
    7260 - Other computer related activities148,089
    68209 - Other letting and operating of own or leased real estate143,755
    4545 - Other building completion122,598
    5010 - Sale of motor vehicles121,027
    86900 - Other human health activities123,700

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07424027 TRANSLATE M8 LTD 29 Oct 2010
    07421993 CPR GLOBAL TECH LTD 28 Oct 2010
    07414879 CALL STOPPER LTD 21 Oct 2010
    07412268 DRAGON SURVEYS LTD 19 Oct 2010
    07409955 OAKYARD LTD 18 Oct 2010
    07404497 OPTIMUM SECURITY PROTECTION LIMITED 12 Oct 2010
    07402400 MARLAIS THOMAS & ASSOCIATES LIMITED 11 Oct 2010
    07402253 VINTIQUE CYCLES LIMITED 11 Oct 2010
    07423989 ELITE EVENT MANAGEMENT LTD 29 Oct 2010
    07410526 KILLAY GAS SERVICES LTD 18 Oct 2010
    07401790 KNM MANAGEMENT SOLUTIONS LIMITED 08 Oct 2010
    07414461 VOLTZ ELECTRICAL LIMITED 21 Oct 2010
    07406519 CALL CATCHERS LTD 13 Oct 2010
    07403273 SWANSEA ELECTRICIANS LTD 11 Oct 2010
    07421215 K & P FINISHERS LIMITED 27 Oct 2010
    07413169 CELTIC CONSULTING LTD 20 Oct 2010
    07410706 L A EXHAUSTS LTD 18 Oct 2010
    07400355 SBM CLAIM LTD 07 Oct 2010
    07417642 MARK WILLIAMS CATERING LIMITED 25 Oct 2010
    07404546 AT LICENSING AND SECURITY LTD 12 Oct 2010
    07422710 LEARN ABOUT CHINA LTD 28 Oct 2010
    07404702 CELTIC STONE LTD 12 Oct 2010
    07418349 AMBERLYN PROPERTIES LIMITED 25 Oct 2010
    07403283 GLOW TOOTH WHITENING LTD 11 Oct 2010
    07414447 DECADENT VAPOURS LIMITED 21 Oct 2010