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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
    07537216 TIMECH ENGINEERING LIMITED 21 Feb 2011
    07530251 PERFECT WEDDING AND PARTY STORE LIMITED 15 Feb 2011
    07528722 VELOCITY PERSONAL TRAINING LTD 14 Feb 2011
    07519222 MNC DESIGN SERVICES LTD 07 Feb 2011
    07515386 DCSB LTD 03 Feb 2011
    07512388 CONCORDIA RECORDS LIMITED 01 Feb 2011
    07512135 BRACEBRIDGE FINANCIAL MANAGEMENT LIMITED 01 Feb 2011
    07542319 INFINITE ORBITS LTD 24 Feb 2011
    07540945 BRAC ENGINEERS LIMITED 24 Feb 2011
    07537001 1ST APP ELECTRICAL LIMITED 21 Feb 2011
    07534170 SUDSCAPE LIMITED 17 Feb 2011
    07525973 ECOLIFE LIMITED 10 Feb 2011
    07525968 ECOLETTING LTD 10 Feb 2011
    07516880 WCCC LIMITED 03 Feb 2011
    07544487 COTON ARMS LIMITED 28 Feb 2011
    07542485 RTA LEGAL LTD 25 Feb 2011
    07538707 TAME PROPERTY MANAGEMENT LTD 22 Feb 2011
    07536151 PRINTBASE DIRECT LIMITED 21 Feb 2011
    07536046 SIGNAL MASTERS (TAMWORTH) LIMITED 21 Feb 2011
    07531881 MOOCH CONSORTIUM LIMITED 16 Feb 2011
    07528834 S D RAILWAY OPERATIONS LTD 14 Feb 2011
    07526368 SOUTH STAFFS TRAINING LTD 11 Feb 2011
    07521799 BARRIER CONCEPTS LIMITED 08 Feb 2011
    07517713 UK SITE SUPPLIES LIMITED 04 Feb 2011
    07514396 WASHFORD MARKETING LIMITED 02 Feb 2011