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
New Company Registrations
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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) Tamworth UK 2010 90 101,492 2009 117 94,671 % change -23.1% 7.2% Record Year 2009 (117) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 36 24 30 New companies in 2009 40 37 40 % change -10.0% -35.1% -25.0% Record Year 2002 (43) 2009 (37) 2009 (40)
Closed Companies (dissolved)
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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) Tamworth UK 2010 104 87,705 2009 93 159,401 % change 11.8% -45.0% Record Year 2010 (104) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 30 39 35 Closed companies in 2009 21 30 42 % change 42.9% 30.0% -17% Record Year 2003 (37) 2008 (62) 2009 (42)
Net Company Growth
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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) Tamworth UK 2010 -14 13,787 2009 24 -64,730 Record Year 1998 (59) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 6 -15 -5 Net growth in 2009 19 7 -2 Record Year 2008 (30) 1999 (25) 2002 (31)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -16.3% -41.1% -28.1% Record Year 1979 (0.3%) 1968 (0.2%) 1968 (0.2%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TAMWORTH 1.90% MANAGEMENT 5.06% MANAGEMENT 1.90% CONSULTING 4.99% (MIDLANDS) 1.60% CONSULTANCY 3.12% J 1.31% PROPERTY 2.38% ELECTRICAL 1.17% TRADING 2.04% M 1.17% ASSOCIATES 2.01% PROPERTY 1.17% DESIGN 1.93% (TAMWORTH) 1.02% CONSTRUCTION 1.86% CONSULTING 1.02% BUSINESS 1.80% C 0.73% MEDIA 1.75% CONSULTANCY 0.73% CONSULTANTS 1.73% CONSULTANTS 0.73% LONDON 1.59% MANUFACTURING 0.73% ENGINEERING 1.59% MIDLAND 0.73% INVESTMENTS 1.49% FACILITIES 0.58% CARE 1.44% RECYCLING 0.58% J 1.44% CONSTRUCTION 0.58% INTERNATIONAL 1.43% BUILDING 0.44% GLOBAL 1.42% MAINTENANCE 0.44% IT 1.35% TRADING 0.44% PROPERTIES 1.35% SYSTEMS 0.44% BUILDING 1.32% ENTERPRISES 0.44% ELECTRICAL 1.30% SUPPORT 0.44% M 1.28% DESIGN 0.44% SYSTEMS 1.26% SECURITY 0.44% S 1.24%
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 204 202,902 7487 - Other business activities 77 69,802 82990 - Other business support service activities not elsewhere classified 23 25,053 9999 - Dormant Company 20 21,484 99999 - Dormant Company 18 14,072 70229 - Management consultancy activities other than financial management 17 13,161 7414 - Business & management consultancy 16 14,940 6024 - Freight transport by road 15 2,771 4521 - General construction & civil engineering 11 7,634 4531 - Installation electrical wiring etc. 10 2,440 43220 - Plumbing, heat and air-conditioning installation 10 2,020 9305 - Other service activities 9 9,454 74909 - Other professional, scientific and technical activities not elsewhere classified 9 6,460 62020 - Information technology consultancy activities 9 8,292 7499 - Non-trading company 8 13,408 69201 - Accounting and auditing activities 8 2,861 68209 - Other letting and operating of own or leased real estate 7 3,631 49410 - Freight transport by road 7 1,915 62090 - Other information technology service activities 7 5,716 8042 - Adult and other education 6 2,267
Recent Companies
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Randomly selected companies from this quarter
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