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

  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. 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)TelfordUK
    2010250203,749
    2009233182,021
    % change7.3%11.9%
    Record Year2003 (297)2007 (279,097)
    New Companies by Half Year
  2. 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)TelfordUK
    201012298,612
    200911790,987
    % change4.3%8.4%
    Record Year 2008 (133) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010474233
    New companies in 2009383346
    % change23.7%27.3%-28.3%
    Record Year2005 (50)2008 (47)2004 (52)

Closed Companies (dissolved)

  1. 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)TelfordUK
    2010211177,631
    2009264289,236
    % change-20.1%-38.6%
    Record Year2009 (264)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)TelfordUK
    201012094,954
    2009161181,176
    % change-25.5%-47.6%
    Record Year 2009 (161) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010304248
    Closed companies in 2009437345
    % change-30.2%-42.5%7%
    Record Year2009 (43)2009 (73)2010 (48)

Net Company Growth

  1. 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)TelfordUK
    20103926,118
    2009-31-107,215
    Record Year2003 (226)2007 (171,296)
    Net Growth by Half Year
  2. 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)TelfordUK
    201023,658
    2009-44-90,189
    Record Year 2003 (97) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010170-15
    Net growth in 2009-5-401
    Record Year2007 (38)2008 (31)2003 (40)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1961 (0.2%)
    Company Share by Half Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1982 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change13.7%21.3%-35.4%
    Record Year1971 (0.4%)1962 (0.5%)1978 (0.3%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.85%MANAGEMENT5.01%
    TELFORD0.98%CONSULTING4.79%
    (TELFORD)0.98%CONSULTANCY3.02%
    DEVELOPMENTS0.86%PROPERTY2.40%
    OCTAVIA0.86%ASSOCIATES2.02%
    BUILDING0.86%TRADING2.01%
    J0.86%DESIGN1.91%
    SHROPSHIRE0.86%CONSTRUCTION1.85%
    TECHNOLOGY0.74%MEDIA1.80%
    ASSOCIATES0.74%BUSINESS1.75%
    PROPERTY0.74%CONSULTANTS1.71%
    WREKIN0.74%INTERNATIONAL1.59%
    ELECTRICAL0.74%ENGINEERING1.56%
    MEDIA0.74%LONDON1.52%
    CONSULTANCY0.74%INVESTMENTS1.49%
    M0.74%J1.46%
    BUSINESS0.74%CARE1.41%
    (SHROPSHIRE)0.62%GLOBAL1.39%
    MAINTENANCE0.62%PROPERTIES1.35%
    HOME0.62%BUILDING1.33%
    CONSULTANTS0.49%M1.29%
    CREATIVE0.49%IT1.28%
    CARE0.49%ELECTRICAL1.27%
    ENTERPRISE0.49%GROUP1.25%
    E0.49%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied232207,125
    7487 - Other business activities5568,525
    9999 - Dormant Company3219,842
    82990 - Other business support service activities not elsewhere classified2225,942
    74990 - Non-trading company217,893
    7260 - Other computer related activities209,122
    62020 - Information technology consultancy activities198,590
    7414 - Business & management consultancy1914,598
    62090 - Other information technology service activities175,854
    7222 - Other software consultancy and supply168,285
    7499 - Non-trading company1413,997
    9305 - Other service activities118,822
    74909 - Other professional, scientific and technical activities not elsewhere classified116,684
    70229 - Management consultancy activities other than financial management1113,490
    4521 - General construction & civil engineering118,262
    96090 - Other service activities not elsewhere classified107,922
    99999 - Dormant Company814,342
    7440 - Advertising81,886
    6024 - Freight transport by road72,960
    70100 - Activities of head offices72,912

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07263575 OXBOW HEALTHCARE DEVELOPMENTS LIMITED 24 May 2010
    07257795 STAY AND RENT LIMITED 18 May 2010
    07256362 WHITE 7 LTD 18 May 2010
    07253990 TAIYOU KADOGUCHI LTD 14 May 2010
    07253556 WREKIN PALLET SERVICES LIMITED 13 May 2010
    07267152 ENTERPRISE EDUCATORS UK 27 May 2010
    07265114 W E D LEWIS LIMITED 25 May 2010
    07265103 J M MASON LIMITED 25 May 2010
    07258814 SHIRE CLEANING SERVICES LIMITED 19 May 2010
    07258794 KENSA CREATIVE LIMITED 19 May 2010
    07256056 STRATFORD COLLEGE OF BUSINESS AND MANAGEMENT LTD 17 May 2010
    07253607 ATD PHOTOGRAPHY LTD 13 May 2010
    07264088 PARCELS2POST.COM LIMITED 25 May 2010
    07263669 BROOKMERE CONSULTING LIMITED 24 May 2010
    07251546 BUSINESSWATCH GUARDING MIDLANDS LIMITED 12 May 2010
    07242021 MICK ACTON SERVICES LTD 04 May 2010
    07260754 HEAVENLY QUEST C.I.C. 21 May 2010
    07259352 BLUE SKY REAL ESTATE LIMITED 19 May 2010
    07268462 FIT4TRAINING LTD 28 May 2010
    07266998 CITYSCAPE MANAGEMENT (UK) LIMITED 27 May 2010
    07263188 SHROPSHIRE SAMEDAY COURIERS LIMITED 24 May 2010
    07255238 INDUSTRY QUALIFICATIONS LIMITED 17 May 2010
    07241838 EASY MOBILE SECURITY LIMITED 04 May 2010
    07252237 ENTERPRISE MEDIA NETWORKS LIMITED 13 May 2010
    07249850 FIRETHORNS CONSULTANCY LIMITED 11 May 2010