Telford, Shropshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in Telford when compared to any previous November.
  • November 2010 saw a new record in company closures in Telford when compared to any previous November.

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. Annual Data (2010)

    A total of 479 companies were formed in Telford in 2010. This total is 7.2% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearTelfordUK
    2010479400,358
    2009447362,675
    2008491349,203
    2007471457,649
    2006446405,440
    Record Year2003 (568)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 229 companies were formed in Telford. This figure is 7.0% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Telford occurred in 2003 when a total of 271 were formed.

    Half Year (Jul-Dec)TelfordUK
    2010229196,609
    2009214180,654
    % change7.0%8.8%
    Record Year2003 (271)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 114 companies were registered in Telford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 11.8% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)TelfordUK
    201011495,117
    200910285,983
    % change11.8%10.6%
    Record Year 2003 (138) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Telford when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010384333
    New companies in 2009402141
    % change-5.0%104.8%-19.5%
    Record Year2003 (69)2010 (43)2009 (41)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 411 companies were dissolved in Telford in 2010. This total is 20.8% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearTelfordUK
    2010411342,232
    2009519533,773
    2008205237,901
    2007288220,295
    2006240200,166
    Record Year2009 (519)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 200 companies were dissolved in Telford. This figure is 21.6% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Telford occurred in 2009 when a total of 255 were closed.

    Half Year (Jul-Dec)TelfordUK
    2010200164,601
    2009255244,537
    % change-21.6%-32.7%
    Record Year2009 (255)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 92 companies were dissolved in Telford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 22.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)TelfordUK
    20109276,896
    200911885,136
    % change-22.0%-9.7%
    Record Year 2009 (118) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Telford when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010264719
    Closed companies in 2009393247
    % change-33.3%46.9%-60%
    Record Year2009 (39)2010 (47)2009 (47)

Net Company Growth

  1. Annual Data (2010)

    A total of 68 companies were added to the company register for Telford in 2010. This number represents growth of 15.2% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 140 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Telford company register grew by 417 companies.

    YearTelfordUK
    20106858,126
    2009-72-171,098
    2008286111,302
    2007183237,354
    2006206205,274
    Record Year2003 (417)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Telford increased by 29 companies.

    Half Year (Jul-Dec)TelfordUK
    20102932,008
    2009-41-63,883
    Record Year2003 (191)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Telford during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 22 companies.

    fourth quarter (Oct 2010 - Dec 2010)TelfordUK
    20102218,221
    2009-16847
    Record Year 2003 (106) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201012-414
    Net growth in 20091-11-6
    Record Year2003 (61)2008 (27)2003 (23)

UK Company Share

  1. Annual Data (2010)

    In 2010 Telford formed 0.1% of all UK companies. This is no change on 2009 when Telford was responsible for 0.1% of all UK companies.

    YearTelford
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1965 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Telford formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Telford
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1965 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Telford formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Telford
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.2%
    % change-16.8%83.0%-23.4%
    Record Year1969 (0.4%)1982 (0.3%)1969 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.7.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.4.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.6.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Telford was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Telford in 2010 was 26.3%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Telford was 1860 when 42.9% of all directors were female.

    27.8% of all director appointments in Telford in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Telford was in 1977 when 31.1% of all directors were female.

    31.6% of all director appointments in Telford in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.39%CONSULTING5.06%
    CONSULTANCY1.16%MANAGEMENT5.01%
    TELFORD0.93%CONSULTANCY3.14%
    PROPERTY0.81%PROPERTY2.36%
    OCTAVIA0.81%TRADING2.11%
    BUILDING0.81%ASSOCIATES1.95%
    CONSULTING0.70%DESIGN1.92%
    WREKIN0.70%BUSINESS1.82%
    MEDIA0.70%CONSTRUCTION1.82%
    (TELFORD)0.70%CONSULTANTS1.76%
    HEALTHCARE0.58%MEDIA1.71%
    TECHNOLOGY0.58%ENGINEERING1.62%
    BUSINESS0.58%LONDON1.60%
    DESIGN0.58%CARE1.45%
    D0.58%INVESTMENTS1.44%
    CONSULTANTS0.58%GLOBAL1.43%
    E0.58%J1.42%
    CARE0.58%IT1.41%
    ELECTRICAL0.58%PROPERTIES1.34%
    SECURITY0.46%INTERNATIONAL1.34%
    RED0.46%BUILDING1.34%
    PLUMBING0.46%M1.30%
    J0.46%ELECTRICAL1.25%
    M0.46%SYSTEMS1.24%
    TRADING0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied229199,572
    7487 - Other business activities5463,348
    9999 - Dormant Company2920,144
    74990 - Non-trading company268,243
    82990 - Other business support service activities not elsewhere classified2527,550
    62020 - Information technology consultancy activities199,177
    62090 - Other information technology service activities176,330
    7499 - Non-trading company1712,000
    7414 - Business & management consultancy1613,474
    7260 - Other computer related activities168,089
    70229 - Management consultancy activities other than financial management1514,505
    74909 - Other professional, scientific and technical activities not elsewhere classified137,088
    7222 - Other software consultancy and supply137,298
    9305 - Other service activities128,858
    96090 - Other service activities not elsewhere classified118,799
    96020 - Hairdressing and other beauty treatment91,873
    7440 - Advertising91,860
    99999 - Dormant Company816,285
    4521 - General construction & civil engineering76,598
    4534 - Other building installation72,357

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07476637 COUNTY FUNDRAISERS LTD 22 Dec 2010
    07468839 ARLESTON MANOR DRIVE LIMITED 14 Dec 2010
    07467664 IJB CONTRACTORS LTD 13 Dec 2010
    07467102 IJB GROUNDWORKS LTD 13 Dec 2010
    07460754 PNR SOLUTIONS LTD 06 Dec 2010
    07477322 MYSOLAR4U LTD 23 Dec 2010
    07473537 ATHENA LEASING LIMITED 20 Dec 2010
    07466070 WJ CONSUTLING LIMITED 10 Dec 2010
    07464461 5AB LIMITED 08 Dec 2010
    07456670 KAY MAYES LIMITED 01 Dec 2010
    07456434 BRONZE SOFTWARE LABS LTD 01 Dec 2010
    07479666 FRUITY FUN LTD 30 Dec 2010
    07477699 UNIQUERULES LIMITED 23 Dec 2010
    07475483 NEW CONCEPT CONSULTANTS LIMITED 21 Dec 2010
    07475376 J. P. PROPERTY CONSULTANTS LTD 21 Dec 2010
    07471260 TATE SOCIAL CARE & CONSULTANCY LTD 16 Dec 2010
    07465396 BLUE SKY HEALTHCARE SOLUTIONS LIMITED 09 Dec 2010
    07457954 S P H CONTRACT HIRE AND SALES LIMITED 02 Dec 2010
    07457211 BK BUSINESS SOLUTIONS LIMITED 01 Dec 2010
    07471424 A & SJD LTD 16 Dec 2010
    07467850 WREKIN LANDSCAPES LTD 13 Dec 2010
    07463752 DV FENCING LIMITED 08 Dec 2010
    07462778 COMPARE PLACES LIMITED 07 Dec 2010
    07477603 JABIRU LIMITED 23 Dec 2010
    07477307 TORUS VENTURES LIMITED 23 Dec 2010