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
    07392139 M.E.I.C ELECTRICAL LIMITED 30 Sep 2010
    07391737 EMPLOYEE ESSENTIALS LTD 29 Sep 2010
    07390455 GF LLEWELLYN SERVICES LTD 28 Sep 2010
    07386956 ASG KITCHEN SOLUTIONS LIMITED 24 Sep 2010
    07382974 SD DECOR LIMITED 21 Sep 2010
    07376688 PRB FIBREOPTICS LIMITED 15 Sep 2010
    07375216 GREEN APE LTD 14 Sep 2010
    07370796 RP PRIVATE SECURITY LTD 09 Sep 2010
    07369295 J & G SALON LIMITED 08 Sep 2010
    07369124 ENVIGULA FACILITIES LIMITED 08 Sep 2010
    07368764 QUOTIA LIMITED 08 Sep 2010
    07392300 FEED ME ITALIAN LIMITED 30 Sep 2010
    07385983 TAMWORTH KARTING LIMITED 23 Sep 2010
    07382995 CS ELECTRICAL (MIDLANDS) LTD. 21 Sep 2010
    07381969 WOK AWAY 2010 LIMITED 21 Sep 2010
    07381618 PEELS GARDEN LTD 20 Sep 2010
    07380243 A.ARCH CONSULTANCY LIMITED 17 Sep 2010
    07391348 A PERFECT MATCH LTD 29 Sep 2010
    07385890 ACTON RISE LIMITED 23 Sep 2010
    07382849 IP BY DESIGN LTD 21 Sep 2010
    07379467 HAPPY DAZE FOOD LTD 17 Sep 2010
    07378566 NYAMYAM LIMITED 16 Sep 2010
    07374625 THE SIGNFORCE (NATIONWIDE) LTD 14 Sep 2010
    07372608 AIM (ANYTHING IN METAL) LIMITED 10 Sep 2010
    07369511 TAMWORTH MOTOR SPARES LTD 08 Sep 2010