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

  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. 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)TamworthUK
    2010197203,749
    2009207182,021
    % change-4.8%11.9%
    Record Year2003 (251)2007 (279,097)
    New Companies by Half Year
  2. 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)TamworthUK
    20108698,612
    20099390,987
    % change-7.5%8.4%
    Record Year 2003 (118) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010372326
    New companies in 2009332931
    % change12.1%-20.7%-16.1%
    Record Year2007 (39)2003 (42)2003 (48)

Closed Companies (dissolved)

  1. 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)TamworthUK
    2010205177,631
    2009254289,236
    % change-19.3%-38.6%
    Record Year2009 (254)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)TamworthUK
    201011394,954
    2009145181,176
    % change-22.1%-47.6%
    Record Year 2009 (145) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010264344
    Closed companies in 2009307243
    % change-13.3%-40.3%2%
    Record Year2009 (30)2009 (72)2010 (44)

Net Company Growth

  1. 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)TamworthUK
    2010-826,118
    2009-47-107,215
    Record Year1999 (148)2007 (171,296)
    Net Growth by Half Year
  2. 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)TamworthUK
    2010-273,658
    2009-52-90,189
    Record Year 1999 (79) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201011-20-18
    Net growth in 20093-43-12
    Record Year2007 (28)2003 (29)1999 (38)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Half Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change3.1%-24.4%-24.5%
    Record Year1967 (0.4%)1974 (0.3%)1964 (0.3%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.68%MANAGEMENT5.01%
    (MIDLANDS)1.54%CONSULTING4.79%
    TAMWORTH1.54%CONSULTANCY3.02%
    ELECTRICAL1.26%PROPERTY2.40%
    PROPERTY1.26%ASSOCIATES2.02%
    (TAMWORTH)1.12%TRADING2.01%
    M0.98%DESIGN1.91%
    CONSULTING0.98%CONSTRUCTION1.85%
    CONSULTANCY0.84%MEDIA1.80%
    MIDLAND0.84%BUSINESS1.75%
    C0.84%CONSULTANTS1.71%
    J0.70%INTERNATIONAL1.59%
    CONSULTANTS0.70%ENGINEERING1.56%
    P0.70%LONDON1.52%
    BUILDING0.56%INVESTMENTS1.49%
    CENTRAL0.56%J1.46%
    TRADING0.56%CARE1.41%
    PARTNERSHIP0.56%GLOBAL1.39%
    SYSTEMS0.56%PROPERTIES1.35%
    S0.56%BUILDING1.33%
    MAINTENANCE0.56%M1.29%
    PLASTERING0.42%IT1.28%
    DEVELOPMENTS0.42%ELECTRICAL1.27%
    SHOP0.42%GROUP1.25%
    DESIGN0.42%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied191207,125
    7487 - Other business activities6468,525
    82990 - Other business support service activities not elsewhere classified2425,942
    9999 - Dormant Company2019,842
    7414 - Business & management consultancy1714,598
    99999 - Dormant Company1714,342
    6024 - Freight transport by road162,960
    70229 - Management consultancy activities other than financial management1513,490
    9305 - Other service activities128,822
    43220 - Plumbing, heat and air-conditioning installation112,068
    74909 - Other professional, scientific and technical activities not elsewhere classified106,684
    62020 - Information technology consultancy activities108,590
    7499 - Non-trading company813,997
    4521 - General construction & civil engineering78,262
    69201 - Accounting and auditing activities72,916
    68209 - Other letting and operating of own or leased real estate73,834
    4531 - Installation electrical wiring etc.72,504
    62090 - Other information technology service activities75,854
    7450 - Labour recruitment73,248
    49410 - Freight transport by road61,954

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07292323 ENVIRO-GOLF EUROPE LIMITED 22 Jun 2010
    07290271 ELITE RAIL SYSTEMS LIMITED 21 Jun 2010
    07287758 TAMWORTH OFFICES LIMITED 17 Jun 2010
    07284239 RGM CONSULTANTS LIMITED 15 Jun 2010
    07282587 FRAMAN ELECTRICAL LIMITED 14 Jun 2010
    07281858 BSAS CONSULTING LIMITED 11 Jun 2010
    07280124 EERIE EVENINGS LIMITED 10 Jun 2010
    07274432 TOTAL FACILITIES MANAGEMENT (MIDLAND) LTD 04 Jun 2010
    07274078 AT HOME VETERINARY SERVICES LIMITED 04 Jun 2010
    07270966 DRIVE DECOR LIMITED 02 Jun 2010
    07299798 A BRYANT SERVICES & SUPPLIES LTD 30 Jun 2010
    07296767 BUSY BEESWAX CANDLES LTD 28 Jun 2010
    07295637 DOWBRIDGE DISTRIBUTORS LTD 25 Jun 2010
    07299590 APOLLO ENTERPRISES (MIDLANDS) LIMITED 30 Jun 2010
    07297766 UMBRELLA SECURITY CONSULTANTS LTD 29 Jun 2010
    07295098 PAWS4DOGS LTD 24 Jun 2010
    07294894 PRISM NETWORK LIMITED 24 Jun 2010
    07286095 COCOONFXMEDIA LIMITED 16 Jun 2010
    07285958 VOULUE LIMITED 16 Jun 2010
    07285299 CASTLE CAR & VAN CENTRE LIMITED 15 Jun 2010
    07285045 MAGLEC MAINTENANCE LIMITED 15 Jun 2010
    07276405 PANORAMIC LEISURE LIMITED 07 Jun 2010
    07276363 FENMOOR CLOTHING LIMITED 07 Jun 2010
    07273156 CENTRAL ELECTRICAL SERVICES (WIGGINTON) LTD 03 Jun 2010
    07270304 AVNIPACK LTD 01 Jun 2010