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
New Company Registrations
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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) Telford UK 2011 137 116,391 2010 128 105,137 % change 7.0% 10.7% Record Year 2003 (171) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 42 39 56 New companies in 2010 37 39 52 % change 13.5% 0.0% 7.7% Record Year 2003 (46) 2007 (57) 2003 (75)
Closed Companies (dissolved)
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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) Telford UK 2011 117 90,986 2010 91 82,677 % change 28.6% 10.0% Record Year 2011 (117) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 46 35 36 Closed companies in 2010 24 27 40 % change 91.7% 29.6% -10% Record Year 2011 (46) 2011 (35) 2009 (63)
Net Company Growth
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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) Telford UK 2011 20 25,405 2010 37 22,460 Record Year 2003 (129) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -4 4 20 Net growth in 2010 13 12 12 Record Year 2003 (26) 2007 (45) 2003 (67)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change -2.1% -12.0% 2.7% Record Year 1962 (0.4%) 1974 (0.5%) 1983 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.28% CONSULTING 5.04% PROPERTY 1.05% MANAGEMENT 4.97% CONSULTANTS 0.93% CONSULTANCY 3.16% CONSULTANCY 0.93% PROPERTY 2.38% CONSULTING 0.93% TRADING 2.10% OCTAVIA 0.81% DESIGN 1.93% WREKIN 0.81% ASSOCIATES 1.92% ENGINEERING 0.81% BUSINESS 1.87% TELFORD 0.81% CONSTRUCTION 1.80% D 0.70% CONSULTANTS 1.76% SOLAR 0.70% MEDIA 1.69% TECHNOLOGY 0.70% ENGINEERING 1.61% MEDIA 0.58% LONDON 1.60% SYSTEMS 0.58% CARE 1.45% MUSIC 0.58% J 1.45% HEALTHCARE 0.58% GLOBAL 1.44% E 0.58% INVESTMENTS 1.43% PLUMBING 0.58% IT 1.41% CARE 0.58% PROPERTIES 1.36% SHOP 0.58% BUILDING 1.34% ACCESS 0.46% M 1.30% ELECTRICAL 0.46% ELECTRICAL 1.28% RED 0.46% S 1.24% HAULAGE 0.46% INTERNATIONAL 1.23% T 0.46% SYSTEMS 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 231 202,798 7487 - Other business activities 53 60,968 82990 - Other business support service activities not elsewhere classified 30 30,253 74990 - Non-trading company 27 8,695 9999 - Dormant Company 23 19,765 62020 - Information technology consultancy activities 22 10,246 62090 - Other information technology service activities 19 6,996 7499 - Non-trading company 18 11,316 70229 - Management consultancy activities other than financial management 17 16,150 7414 - Business & management consultancy 17 12,916 7260 - Other computer related activities 15 7,789 9305 - Other service activities 13 8,740 74909 - Other professional, scientific and technical activities not elsewhere classified 11 7,788 96090 - Other service activities not elsewhere classified 11 10,085 7222 - Other software consultancy and supply 11 7,000 99999 - Dormant Company 10 18,336 96020 - Hairdressing and other beauty treatment 9 2,073 43210 - Electrical installation 9 3,172 7440 - Advertising 8 1,814 43390 - Other building completion and finishing 7 2,707
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07586803 DIRECT MOBILES (UK) LIMITED 31 Mar 2011 07585238 SIPA POWERTECH (UK) LIMITED 31 Mar 2011 07581510 OK LET LIMITED 29 Mar 2011 07575287 CLIQTO LTD 23 Mar 2011 07575164 MASTERS HAULAGE LIMITED 23 Mar 2011 07571853 WRAP FILM EBT LIMITED 21 Mar 2011 07548698 D K BATTISBY LIMITED 02 Mar 2011 07573618 ITITECH LIMITED 22 Mar 2011 07557702 P&S THIRSTY SOLUTIONS LTD 09 Mar 2011 07553046 IKJ LTD 07 Mar 2011 07546866 LETTERSHANNER SOLE TRADER LIMITED 01 Mar 2011 07546282 COVE CARE FOSTERING LIMITED 01 Mar 2011 07560667 GOURMET PASTY CO LTD 11 Mar 2011 07556973 TIGER RECRUITMENT SOLUTIONS LIMITED 09 Mar 2011 07556027 JBVT ENTERPRISES LTD 08 Mar 2011 07555245 HAMER LEISURE LIMITED 08 Mar 2011 07549103 R R MURRALL LIMITED 02 Mar 2011 07549080 J.G. MERRY LIMITED 02 Mar 2011 07561733 MILDENE NURSERY LIMITED 11 Mar 2011 07556924 AVALANCHE AVIATION LIMITED 09 Mar 2011 07578602 ENGINEERED APPLIED SOLUTIONS LTD 25 Mar 2011 07548473 UK TINTING SOLUTIONS LTD 02 Mar 2011 07561104 THE NET ADVANTAGE LTD 11 Mar 2011 07557250 TIM FROST (LOCUMS) LIMITED 09 Mar 2011 07549585 SOUTHAN METALCRAFT LTD 03 Mar 2011
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