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Tamworth, West Midlands

Q1 2011 Business Confidence Report

Headlines

  • March 2011 saw a new record in company registrations in Tamworth when compared to any previous March.
  • January 2011 saw a new record in company closures in Tamworth when compared to any previous January.

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 (Q1 Jan-Mar 2011)

    A total of 137 companies were registered in Tamworth during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 23.4% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)TamworthUK
    2011137116,391
    2010111105,137
    % change23.4%10.7%
    Record Year 2007 (143) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    March 2011 saw a new record in company registrations in Tamworth when compared to any previous March.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011354359
    New companies in 2010363540
    % change-2.8%22.9%47.5%
    Record Year2009 (41)2007 (52)2003 (59)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 82 companies were dissolved in Tamworth during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 10.9% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)TamworthUK
    20118290,986
    20109282,677
    % change-10.9%10.0%
    Record Year 2009 (109) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Tamworth when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011311932
    Closed companies in 2010242642
    % change29.2%-26.9%-24%
    Record Year2011 (31)2009 (28)2009 (57)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Tamworth during the first quarter of 2011 (Jan 2011 - Mar 2011) was 55 companies.

    first quarter (Jan 2011 - Mar 2011)TamworthUK
    20115525,405
    20101922,460
    Record Year 1998 (77) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201142427
    Net growth in 2010129-2
    Record Year1998 (33)2007 (28)2008 (41)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Tamworth formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Tamworth
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1975 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-16.1%8.1%40.7%
    Record Year1971 (0.4%)1968 (0.6%)1975 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 44.3.

    The percentage of directors under the age of 25 was 7.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Tamworth was in 1861 when 40.0% of all directors were female.

    22.1% of all director appointments in Tamworth in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    TAMWORTH1.92%CONSULTING5.04%
    MANAGEMENT1.79%MANAGEMENT4.97%
    ELECTRICAL1.37%CONSULTANCY3.16%
    M1.24%PROPERTY2.38%
    (MIDLANDS)0.96%TRADING2.10%
    TRAINING0.82%DESIGN1.93%
    S0.82%ASSOCIATES1.92%
    SECURITY0.82%BUSINESS1.87%
    BUSINESS0.82%CONSTRUCTION1.80%
    ENGINEERING0.69%CONSULTANTS1.76%
    G0.69%MEDIA1.69%
    J0.55%ENGINEERING1.61%
    MEDIA0.55%LONDON1.60%
    CONSULTANCY0.55%CARE1.45%
    SHIRE0.55%J1.45%
    (TAMWORTH)0.55%GLOBAL1.44%
    CARE0.55%INVESTMENTS1.43%
    CENTRAL0.55%IT1.41%
    MANUFACTURING0.55%PROPERTIES1.36%
    NETWORK0.55%BUILDING1.34%
    GREEN0.55%M1.30%
    DESIGN0.55%ELECTRICAL1.28%
    PROPERTIES0.41%S1.24%
    DIRECT0.41%INTERNATIONAL1.23%
    CONSTRUCTION0.41%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied199202,798
    7487 - Other business activities6960,968
    82990 - Other business support service activities not elsewhere classified2630,253
    99999 - Dormant Company1818,336
    70229 - Management consultancy activities other than financial management1716,150
    74909 - Other professional, scientific and technical activities not elsewhere classified147,788
    7414 - Business & management consultancy1312,916
    9999 - Dormant Company1219,765
    43220 - Plumbing, heat and air-conditioning installation122,312
    4521 - General construction & civil engineering106,183
    62020 - Information technology consultancy activities1010,246
    6024 - Freight transport by road102,299
    4531 - Installation electrical wiring etc.92,072
    9305 - Other service activities98,740
    68209 - Other letting and operating of own or leased real estate83,895
    96090 - Other service activities not elsewhere classified810,085
    43210 - Electrical installation83,172
    43999 - Other specialised construction activities not elsewhere classified73,097
    7499 - Non-trading company711,316
    69201 - Accounting and auditing activities63,436

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07508315 SUMMIT INSTRUMENTATION SERVICES LIMITED 27 Jan 2011
    07508247 PANA SERVICE UK LIMITED 27 Jan 2011
    07506721 SHIRE BUSINESS GROUP LIMITED 26 Jan 2011
    07504187 PG INTERIM MANAGEMENT LTD 25 Jan 2011
    07502805 BANKS BUILDING & ELECTRICAL SERVICES LTD 24 Jan 2011
    07486526 BAKK LTD 10 Jan 2011
    07484903 SEMPER SOFTWARE LIMITED 06 Jan 2011
    07483221 BATHROOM AND TRADE HEATING SERVICES LTD 05 Jan 2011
    07511270 ULTRASOUND (MIDLANDS) SERVICES LTD 31 Jan 2011
    07511203 MOTOR VEHICLE SERVICES (TAMWORTH) LIMITED 31 Jan 2011
    07495312 HONEY BUSINESS SERVICES UK LIMITED 17 Jan 2011
    07495021 HAZELTIME LIMITED 17 Jan 2011
    07488741 MJE PLUMBING SERVICES LIMITED 11 Jan 2011
    07509211 TOTAL MACHINE SUPPORT LTD 28 Jan 2011
    07508675 NOVO ACCOUNTANCY LIMITED 27 Jan 2011
    07507927 MASSGAMES LTD 27 Jan 2011
    07507648 SYMPETRUM SOLUTIONS LIMITED 27 Jan 2011
    07501550 TOP WASH EQUINE LAUNDRY SERVICES LTD 21 Jan 2011
    07501457 TOP WASH LAUNDRY SERVICES LTD 21 Jan 2011
    07500896 COMPLETE WEB DESIGN LTD 21 Jan 2011
    07498029 JJ 360 LIMITED 19 Jan 2011
    07494841 SK MOTOR EXPORT LTD 17 Jan 2011
    07488461 M & BG GROUP LIMITED 11 Jan 2011
    07486617 M & BG CONTRACTS LIMITED 10 Jan 2011
    07486597 M & BG LIMITED 10 Jan 2011