Tamworth, West Midlands

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company closures in Tamworth when compared to any previous Q3.

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. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 90 companies were registered in Tamworth during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 23.1% versus the same period last year (Q3 2009). This figure compares badly to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)TamworthUK
    201090101,492
    200911794,671
    % change-23.1%7.2%
    Record Year 2009 (117) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010362430
    New companies in 2009403740
    % change-10.0%-35.1%-25.0%
    Record Year2002 (43)2009 (37)2009 (40)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company closures in Tamworth when compared to any previous Q3.

    A total of 104 companies were dissolved in Tamworth during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 11.8% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)TamworthUK
    201010487,705
    200993159,401
    % change11.8%-45.0%
    Record Year 2010 (104) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010303935
    Closed companies in 2009213042
    % change42.9%30.0%-17%
    Record Year2003 (37)2008 (62)2009 (42)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Tamworth during the third quarter of 2010 (Jul 2010 - Sep 2010) was -14 companies.

    third quarter (Jul 2010 - Sep 2010)TamworthUK
    2010-1413,787
    200924-64,730
    Record Year 1998 (59) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20106-15-5
    Net growth in 2009197-2
    Record Year2008 (30)1999 (25)2002 (31)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Tamworth formed 0.1% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Tamworth
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-16.3%-41.1%-28.1%
    Record Year1979 (0.3%)1968 (0.2%)1968 (0.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 44.0.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 0.7% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Tamworth was in 1862 when 50.0% of all directors were female.

    28.3% of all director appointments in Tamworth in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    TAMWORTH1.90%MANAGEMENT5.06%
    MANAGEMENT1.90%CONSULTING4.99%
    (MIDLANDS)1.60%CONSULTANCY3.12%
    J1.31%PROPERTY2.38%
    ELECTRICAL1.17%TRADING2.04%
    M1.17%ASSOCIATES2.01%
    PROPERTY1.17%DESIGN1.93%
    (TAMWORTH)1.02%CONSTRUCTION1.86%
    CONSULTING1.02%BUSINESS1.80%
    C0.73%MEDIA1.75%
    CONSULTANCY0.73%CONSULTANTS1.73%
    CONSULTANTS0.73%LONDON1.59%
    MANUFACTURING0.73%ENGINEERING1.59%
    MIDLAND0.73%INVESTMENTS1.49%
    FACILITIES0.58%CARE1.44%
    RECYCLING0.58%J1.44%
    CONSTRUCTION0.58%INTERNATIONAL1.43%
    BUILDING0.44%GLOBAL1.42%
    MAINTENANCE0.44%IT1.35%
    TRADING0.44%PROPERTIES1.35%
    SYSTEMS0.44%BUILDING1.32%
    ENTERPRISES0.44%ELECTRICAL1.30%
    SUPPORT0.44%M1.28%
    DESIGN0.44%SYSTEMS1.26%
    SECURITY0.44%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied204202,902
    7487 - Other business activities7769,802
    82990 - Other business support service activities not elsewhere classified2325,053
    9999 - Dormant Company2021,484
    99999 - Dormant Company1814,072
    70229 - Management consultancy activities other than financial management1713,161
    7414 - Business & management consultancy1614,940
    6024 - Freight transport by road152,771
    4521 - General construction & civil engineering117,634
    4531 - Installation electrical wiring etc.102,440
    43220 - Plumbing, heat and air-conditioning installation102,020
    9305 - Other service activities99,454
    74909 - Other professional, scientific and technical activities not elsewhere classified96,460
    62020 - Information technology consultancy activities98,292
    7499 - Non-trading company813,408
    69201 - Accounting and auditing activities82,861
    68209 - Other letting and operating of own or leased real estate73,631
    49410 - Freight transport by road71,915
    62090 - Other information technology service activities75,716
    8042 - Adult and other education62,267

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07331893 INTELLIGENT REVELATIONS LIMITED 30 Jul 2010
    07328134 MIDLAND FLOORING LTD 28 Jul 2010
    07327321 TROJAN PRECAST CONCRETE LIMITED 27 Jul 2010
    07321012 BOOMERANG PLASTICS LIMITED 21 Jul 2010
    07320407 TH RECYCLING MACHINERY LIMITED 20 Jul 2010
    07320228 TH RECYCLING LIMITED 20 Jul 2010
    07317807 FOUR COUNTIES CARE LTD 16 Jul 2010
    07316403 A M EDUCATION LTD 15 Jul 2010
    07316009 HARRIS MANUFACTURING LTD 15 Jul 2010
    07315463 PURE SECRETS LIMITED 15 Jul 2010
    07314445 ROCKFORDD CARE LIMITED 14 Jul 2010
    07311758 UNITED SUPPORT PATHWAY LIMITED 12 Jul 2010
    07304561 ECS (TAMWORTH) LTD 05 Jul 2010
    07330335 OPENFOREVERYONE LIMITED 29 Jul 2010
    07329274 LICHFIELD CHIROPRACTIC CLINIC LIMITED 28 Jul 2010
    07317554 JT SERVICES (MIDLANDS) LTD 16 Jul 2010
    07311128 RSG MANUFACTURING SOLUTIONS LTD. 12 Jul 2010
    07305917 BLACK CLOVER MUSIC LTD 06 Jul 2010
    07301185 MILLYBARBER LIMITED 01 Jul 2010
    07328809 STAFFORDSHIRE CARE FARMING DEVELOPMENT C.I.C. 28 Jul 2010
    07325155 J J DAVISON & SONS LIMITED 26 Jul 2010
    07323446 THE BED CENTRE (STAFFORD) LIMITED 22 Jul 2010
    07321085 ECO HOME PRODUCTS LTD 21 Jul 2010
    07319424 J CLEARY THE WHITE LION LTD 20 Jul 2010
    07319195 INDEPENDENT INDUSTRIAL SERVICES (MIDLANDS) LTD 20 Jul 2010