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
New Company Registrations
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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.
Year Telford UK 2010 479 400,358 2009 447 362,675 2008 491 349,203 2007 471 457,649 2006 446 405,440 Record Year 2003 (568) 2007 (457,649) New Companies by Year
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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) Telford UK 2010 229 196,609 2009 214 180,654 % change 7.0% 8.8% Record Year 2003 (271) 2003 (201,446) New Companies by Half Year
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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) Telford UK 2010 114 95,117 2009 102 85,983 % change 11.8% 10.6% Record Year 2003 (138) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 38 43 33 New companies in 2009 40 21 41 % change -5.0% 104.8% -19.5% Record Year 2003 (69) 2010 (43) 2009 (41)
Closed Companies (dissolved)
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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.
Year Telford UK 2010 411 342,232 2009 519 533,773 2008 205 237,901 2007 288 220,295 2006 240 200,166 Record Year 2009 (519) 2009 (533,773) Dissolved Companies by Year
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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) Telford UK 2010 200 164,601 2009 255 244,537 % change -21.6% -32.7% Record Year 2009 (255) 2009 (244,537) Dissolved Companies by Half Year
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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) Telford UK 2010 92 76,896 2009 118 85,136 % change -22.0% -9.7% Record Year 2009 (118) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 26 47 19 Closed companies in 2009 39 32 47 % change -33.3% 46.9% -60% Record Year 2009 (39) 2010 (47) 2009 (47)
Net Company Growth
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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.
Year Telford UK 2010 68 58,126 2009 -72 -171,098 2008 286 111,302 2007 183 237,354 2006 206 205,274 Record Year 2003 (417) 2003 (242,543) Net Growth by Year
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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) Telford UK 2010 29 32,008 2009 -41 -63,883 Record Year 2003 (191) 2003 (117,772) Net Growth by Half Year
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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) Telford UK 2010 22 18,221 2009 -16 847 Record Year 2003 (106) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 12 -4 14 Net growth in 2009 1 -11 -6 Record Year 2003 (61) 2008 (27) 2003 (23)
UK Company Share
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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.
Year Telford 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1965 (0.2%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1965 (0.3%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1969 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.2% % change -16.8% 83.0% -23.4% Record Year 1969 (0.4%) 1982 (0.3%) 1969 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.39% CONSULTING 5.06% CONSULTANCY 1.16% MANAGEMENT 5.01% TELFORD 0.93% CONSULTANCY 3.14% PROPERTY 0.81% PROPERTY 2.36% OCTAVIA 0.81% TRADING 2.11% BUILDING 0.81% ASSOCIATES 1.95% CONSULTING 0.70% DESIGN 1.92% WREKIN 0.70% BUSINESS 1.82% MEDIA 0.70% CONSTRUCTION 1.82% (TELFORD) 0.70% CONSULTANTS 1.76% HEALTHCARE 0.58% MEDIA 1.71% TECHNOLOGY 0.58% ENGINEERING 1.62% BUSINESS 0.58% LONDON 1.60% DESIGN 0.58% CARE 1.45% D 0.58% INVESTMENTS 1.44% CONSULTANTS 0.58% GLOBAL 1.43% E 0.58% J 1.42% CARE 0.58% IT 1.41% ELECTRICAL 0.58% PROPERTIES 1.34% SECURITY 0.46% INTERNATIONAL 1.34% RED 0.46% BUILDING 1.34% PLUMBING 0.46% M 1.30% J 0.46% ELECTRICAL 1.25% M 0.46% SYSTEMS 1.24% TRADING 0.46% S 1.23%
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 229 199,572 7487 - Other business activities 54 63,348 9999 - Dormant Company 29 20,144 74990 - Non-trading company 26 8,243 82990 - Other business support service activities not elsewhere classified 25 27,550 62020 - Information technology consultancy activities 19 9,177 62090 - Other information technology service activities 17 6,330 7499 - Non-trading company 17 12,000 7414 - Business & management consultancy 16 13,474 7260 - Other computer related activities 16 8,089 70229 - Management consultancy activities other than financial management 15 14,505 74909 - Other professional, scientific and technical activities not elsewhere classified 13 7,088 7222 - Other software consultancy and supply 13 7,298 9305 - Other service activities 12 8,858 96090 - Other service activities not elsewhere classified 11 8,799 96020 - Hairdressing and other beauty treatment 9 1,873 7440 - Advertising 9 1,860 99999 - Dormant Company 8 16,285 4521 - General construction & civil engineering 7 6,598 4534 - Other building installation 7 2,357
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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