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Telford, Shropshire

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company closures in Telford when compared to any previous Q1.
  • February 2011 saw a new record in company closures in Telford when compared to any previous February.
  • January 2011 saw a new record in company closures in Telford 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 Telford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 7.0% versus the same period last year (Q1 2010). This figure compares equally 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)TelfordUK
    2011137116,391
    2010128105,137
    % change7.0%10.7%
    Record Year 2003 (171) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011423956
    New companies in 2010373952
    % change13.5%0.0%7.7%
    Record Year2003 (46)2007 (57)2003 (75)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Telford when compared to any previous Q1.

    A total of 117 companies were dissolved in Telford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 28.6% versus the same period last year (Q1 2010). This figure compares poorly 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)TelfordUK
    201111790,986
    20109182,677
    % change28.6%10.0%
    Record Year 2011 (117) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company closures in Telford when compared to any previous February.

    January 2011 saw a new record in company closures in Telford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011463536
    Closed companies in 2010242740
    % change91.7%29.6%-10%
    Record Year2011 (46)2011 (35)2009 (63)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Telford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 20 companies.

    first quarter (Jan 2011 - Mar 2011)TelfordUK
    20112025,405
    20103722,460
    Record Year 2003 (129) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-4420
    Net growth in 2010131212
    Record Year2003 (26)2007 (45)2003 (67)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Telford formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Telford
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1961 (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-2.1%-12.0%2.7%
    Record Year1962 (0.4%)1974 (0.5%)1983 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.4.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.6% 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 Telford was in 1861 when 40.0% of all directors were female.

    29.7% of all director appointments in Telford 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
    MANAGEMENT1.28%CONSULTING5.04%
    PROPERTY1.05%MANAGEMENT4.97%
    CONSULTANTS0.93%CONSULTANCY3.16%
    CONSULTANCY0.93%PROPERTY2.38%
    CONSULTING0.93%TRADING2.10%
    OCTAVIA0.81%DESIGN1.93%
    WREKIN0.81%ASSOCIATES1.92%
    ENGINEERING0.81%BUSINESS1.87%
    TELFORD0.81%CONSTRUCTION1.80%
    D0.70%CONSULTANTS1.76%
    SOLAR0.70%MEDIA1.69%
    TECHNOLOGY0.70%ENGINEERING1.61%
    MEDIA0.58%LONDON1.60%
    SYSTEMS0.58%CARE1.45%
    MUSIC0.58%J1.45%
    HEALTHCARE0.58%GLOBAL1.44%
    E0.58%INVESTMENTS1.43%
    PLUMBING0.58%IT1.41%
    CARE0.58%PROPERTIES1.36%
    SHOP0.58%BUILDING1.34%
    ACCESS0.46%M1.30%
    ELECTRICAL0.46%ELECTRICAL1.28%
    RED0.46%S1.24%
    HAULAGE0.46%INTERNATIONAL1.23%
    T0.46%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied231202,798
    7487 - Other business activities5360,968
    82990 - Other business support service activities not elsewhere classified3030,253
    74990 - Non-trading company278,695
    9999 - Dormant Company2319,765
    62020 - Information technology consultancy activities2210,246
    62090 - Other information technology service activities196,996
    7499 - Non-trading company1811,316
    70229 - Management consultancy activities other than financial management1716,150
    7414 - Business & management consultancy1712,916
    7260 - Other computer related activities157,789
    9305 - Other service activities138,740
    74909 - Other professional, scientific and technical activities not elsewhere classified117,788
    96090 - Other service activities not elsewhere classified1110,085
    7222 - Other software consultancy and supply117,000
    99999 - Dormant Company1018,336
    96020 - Hairdressing and other beauty treatment92,073
    43210 - Electrical installation93,172
    7440 - Advertising81,814
    43390 - Other building completion and finishing72,707

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07510391 PREMIER MEDICAL CONSULTANTS LIMITED 31 Jan 2011
    07504801 MOVE-ON PLUS C.I.C. 25 Jan 2011
    07501495 PROPERTY EYE BUILDING SERVICES LIMITED 21 Jan 2011
    07500319 CARING ENTERPRISES CIC 20 Jan 2011
    07481704 ASIANA MANUFACTURING SERVICES LIMITED 04 Jan 2011
    07511080 DALLY CONSULTING LTD 31 Jan 2011
    07506569 SOLAR HOME CONNECTION LTD 26 Jan 2011
    07488551 EVO SOLUTIONS LTD 11 Jan 2011
    07486416 THINK DIGITAL RETAIL LIMITED 10 Jan 2011
    07484785 DAVID L. J. HOWELL LTD. 06 Jan 2011
    07483431 WORLDCOM SOLUTIONS LIMITED 05 Jan 2011
    07481145 PRIORSLEE PRIMARY SCHOOL ACADEMY TRUST 04 Jan 2011
    OC360922 LKTJ-SYSTEMS LLP 17 Jan 2011
    OC361016 KRINVOL SYSTEMS LLP 20 Jan 2011
    OC361018 OLIGVOL SYSTEMS LLP 20 Jan 2011
    07498327 JAYNNING LTD 19 Jan 2011
    07496469 TELFORD VIDEO LIMITED 18 Jan 2011
    07492469 PARK INN VALETING LTD 13 Jan 2011
    07487749 MASSIVE RACING LTD 11 Jan 2011
    07499609 GREEN POWER AND HEAT LIMITED 20 Jan 2011
    07499048 WELLINGTON BOXING ACADEMY LIMITED 19 Jan 2011
    07491382 BANKS & COOPER LTD 13 Jan 2011
    07499722 SOCIAL WORK CONNECTIONS (UK) LIMITED 20 Jan 2011
    07496165 HYDRAULIC PRECISION LIMITED 18 Jan 2011
    07482938 DIPLOTEX LTD 05 Jan 2011