Tamworth, West Midlands
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in Tamworth when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 197 companies were formed in Tamworth. This figure is 4.8% lower than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Tamworth occurred in 2003 when a total of 251 were formed.
Half Year (Jan-Jun) Tamworth UK 2010 197 203,749 2009 207 182,021 % change -4.8% 11.9% Record Year 2003 (251) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 86 companies were registered in Tamworth during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 7.5% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Tamworth UK 2010 86 98,612 2009 93 90,987 % change -7.5% 8.4% Record Year 2003 (118) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 37 23 26 New companies in 2009 33 29 31 % change 12.1% -20.7% -16.1% Record Year 2007 (39) 2003 (42) 2003 (48)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 205 companies were dissolved in Tamworth. This figure is 19.3% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Tamworth occurred in 2009 when a total of 254 were closed.
Half Year (Jan-Jun) Tamworth UK 2010 205 177,631 2009 254 289,236 % change -19.3% -38.6% Record Year 2009 (254) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 113 companies were dissolved in Tamworth during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 22.1% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Tamworth UK 2010 113 94,954 2009 145 181,176 % change -22.1% -47.6% Record Year 2009 (145) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Tamworth when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 26 43 44 Closed companies in 2009 30 72 43 % change -13.3% -40.3% 2% Record Year 2009 (30) 2009 (72) 2010 (44)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Tamworth decreased by 8 companies.
Half Year (Jan-Jun) Tamworth UK 2010 -8 26,118 2009 -47 -107,215 Record Year 1999 (148) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Tamworth during the second quarter of 2010 (Apr 2010 - Jun 2010) was -27 companies.
second quarter (Apr 2010 - Jun 2010) Tamworth UK 2010 -27 3,658 2009 -52 -90,189 Record Year 1999 (79) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 11 -20 -18 Net growth in 2009 3 -43 -12 Record Year 2007 (28) 2003 (29) 1999 (38)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Tamworth formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Tamworth 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Tamworth formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Tamworth 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 3.1% -24.4% -24.5% Record Year 1967 (0.4%) 1974 (0.3%) 1964 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 45.8.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 45.8.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Tamworth was 1857 when 40.0% of all directors were female.
23.1% of all director appointments in Tamworth in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Tamworth was in 1866 when 66.7% of all directors were female.
25.6% of all director appointments in Tamworth in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.68% MANAGEMENT 5.01% (MIDLANDS) 1.54% CONSULTING 4.79% TAMWORTH 1.54% CONSULTANCY 3.02% ELECTRICAL 1.26% PROPERTY 2.40% PROPERTY 1.26% ASSOCIATES 2.02% (TAMWORTH) 1.12% TRADING 2.01% M 0.98% DESIGN 1.91% CONSULTING 0.98% CONSTRUCTION 1.85% CONSULTANCY 0.84% MEDIA 1.80% MIDLAND 0.84% BUSINESS 1.75% C 0.84% CONSULTANTS 1.71% J 0.70% INTERNATIONAL 1.59% CONSULTANTS 0.70% ENGINEERING 1.56% P 0.70% LONDON 1.52% BUILDING 0.56% INVESTMENTS 1.49% CENTRAL 0.56% J 1.46% TRADING 0.56% CARE 1.41% PARTNERSHIP 0.56% GLOBAL 1.39% SYSTEMS 0.56% PROPERTIES 1.35% S 0.56% BUILDING 1.33% MAINTENANCE 0.56% M 1.29% PLASTERING 0.42% IT 1.28% DEVELOPMENTS 0.42% ELECTRICAL 1.27% SHOP 0.42% GROUP 1.25% DESIGN 0.42% DEVELOPMENTS 1.25%
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 191 207,125 7487 - Other business activities 64 68,525 82990 - Other business support service activities not elsewhere classified 24 25,942 9999 - Dormant Company 20 19,842 7414 - Business & management consultancy 17 14,598 99999 - Dormant Company 17 14,342 6024 - Freight transport by road 16 2,960 70229 - Management consultancy activities other than financial management 15 13,490 9305 - Other service activities 12 8,822 43220 - Plumbing, heat and air-conditioning installation 11 2,068 74909 - Other professional, scientific and technical activities not elsewhere classified 10 6,684 62020 - Information technology consultancy activities 10 8,590 7499 - Non-trading company 8 13,997 4521 - General construction & civil engineering 7 8,262 69201 - Accounting and auditing activities 7 2,916 68209 - Other letting and operating of own or leased real estate 7 3,834 4531 - Installation electrical wiring etc. 7 2,504 62090 - Other information technology service activities 7 5,854 7450 - Labour recruitment 7 3,248 49410 - Freight transport by road 6 1,954
Recent Companies
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Randomly selected companies from this quarter
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