Telford, Shropshire
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in Telford when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 250 companies were formed in Telford. This figure is 7.3% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Telford occurred in 2003 when a total of 297 were formed.
Half Year (Jan-Jun) Telford UK 2010 250 203,749 2009 233 182,021 % change 7.3% 11.9% Record Year 2003 (297) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 122 companies were registered in Telford during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 4.3% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Telford UK 2010 122 98,612 2009 117 90,987 % change 4.3% 8.4% Record Year 2008 (133) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 47 42 33 New companies in 2009 38 33 46 % change 23.7% 27.3% -28.3% Record Year 2005 (50) 2008 (47) 2004 (52)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 211 companies were dissolved in Telford. This figure is 20.1% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Telford occurred in 2009 when a total of 264 were closed.
Half Year (Jan-Jun) Telford UK 2010 211 177,631 2009 264 289,236 % change -20.1% -38.6% Record Year 2009 (264) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 120 companies were dissolved in Telford during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 25.5% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Telford UK 2010 120 94,954 2009 161 181,176 % change -25.5% -47.6% Record Year 2009 (161) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Telford when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 30 42 48 Closed companies in 2009 43 73 45 % change -30.2% -42.5% 7% Record Year 2009 (43) 2009 (73) 2010 (48)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Telford increased by 39 companies.
Half Year (Jan-Jun) Telford UK 2010 39 26,118 2009 -31 -107,215 Record Year 2003 (226) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Telford during the second quarter of 2010 (Apr 2010 - Jun 2010) was 2 companies.
second quarter (Apr 2010 - Jun 2010) Telford UK 2010 2 3,658 2009 -44 -90,189 Record Year 2003 (97) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 17 0 -15 Net growth in 2009 -5 -40 1 Record Year 2007 (38) 2008 (31) 2003 (40)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Telford formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Telford 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Telford formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Telford 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1982 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 13.7% 21.3% -35.4% Record Year 1971 (0.4%) 1962 (0.5%) 1978 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 45.0.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 45.0.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Telford was 1857 when 40.0% of all directors were female.
22.9% of all director appointments in Telford in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Telford was in 1866 when 66.7% of all directors were female.
20.4% of all director appointments in Telford in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.85% MANAGEMENT 5.01% TELFORD 0.98% CONSULTING 4.79% (TELFORD) 0.98% CONSULTANCY 3.02% DEVELOPMENTS 0.86% PROPERTY 2.40% OCTAVIA 0.86% ASSOCIATES 2.02% BUILDING 0.86% TRADING 2.01% J 0.86% DESIGN 1.91% SHROPSHIRE 0.86% CONSTRUCTION 1.85% TECHNOLOGY 0.74% MEDIA 1.80% ASSOCIATES 0.74% BUSINESS 1.75% PROPERTY 0.74% CONSULTANTS 1.71% WREKIN 0.74% INTERNATIONAL 1.59% ELECTRICAL 0.74% ENGINEERING 1.56% MEDIA 0.74% LONDON 1.52% CONSULTANCY 0.74% INVESTMENTS 1.49% M 0.74% J 1.46% BUSINESS 0.74% CARE 1.41% (SHROPSHIRE) 0.62% GLOBAL 1.39% MAINTENANCE 0.62% PROPERTIES 1.35% HOME 0.62% BUILDING 1.33% CONSULTANTS 0.49% M 1.29% CREATIVE 0.49% IT 1.28% CARE 0.49% ELECTRICAL 1.27% ENTERPRISE 0.49% GROUP 1.25% E 0.49% DEVELOPMENTS 1.25%
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 232 207,125 7487 - Other business activities 55 68,525 9999 - Dormant Company 32 19,842 82990 - Other business support service activities not elsewhere classified 22 25,942 74990 - Non-trading company 21 7,893 7260 - Other computer related activities 20 9,122 62020 - Information technology consultancy activities 19 8,590 7414 - Business & management consultancy 19 14,598 62090 - Other information technology service activities 17 5,854 7222 - Other software consultancy and supply 16 8,285 7499 - Non-trading company 14 13,997 9305 - Other service activities 11 8,822 74909 - Other professional, scientific and technical activities not elsewhere classified 11 6,684 70229 - Management consultancy activities other than financial management 11 13,490 4521 - General construction & civil engineering 11 8,262 96090 - Other service activities not elsewhere classified 10 7,922 99999 - Dormant Company 8 14,342 7440 - Advertising 8 1,886 6024 - Freight transport by road 7 2,960 70100 - Activities of head offices 7 2,912
Recent Companies
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Randomly selected companies from this quarter
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