Tipton, West Midlands
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Tipton when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 93 companies were formed in Tipton in 2010. This total is 6.1% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Tipton UK 2010 93 400,358 2009 99 362,675 2008 97 349,203 2007 93 457,649 2006 119 405,440 Record Year 2006 (119) 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 46 companies were formed in Tipton. This figure is 15.0% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Tipton occurred in 2006 when a total of 55 were formed.
Half Year (Jul-Dec) Tipton UK 2010 46 196,609 2009 40 180,654 % change 15.0% 8.8% Record Year 2006 (55) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 20 companies were registered in Tipton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 13.0% versus the same period last year (Q4 2009). This figure compares badly 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) Tipton UK 2010 20 95,117 2009 23 85,983 % change -13.0% 10.6% Record Year 2006 (27) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 7 6 7 New companies in 2009 5 7 11 % change 40.0% -14.3% -36.4% Record Year 2000 (14) 2003 (10) 2009 (11)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 93 companies were dissolved in Tipton in 2010. This total is 13.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Tipton UK 2010 93 342,232 2009 108 533,773 2008 47 237,901 2007 67 220,295 2006 54 200,166 Record Year 2009 (108) 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 43 companies were dissolved in Tipton. This figure is 14.0% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Tipton occurred in 2009 when a total of 50 were closed.
Half Year (Jul-Dec) Tipton UK 2010 43 164,601 2009 50 244,537 % change -14.0% -32.7% Record Year 2009 (50) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 21 companies were dissolved in Tipton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 16.0% 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) Tipton UK 2010 21 76,896 2009 25 85,136 % change -16.0% -9.7% Record Year 2009 (25) 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 Tipton when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 4 14 3 Closed companies in 2009 11 8 6 % change -63.6% 75.0% -50% Record Year 2009 (11) 2010 (14) 2001 (7)
Net Company Growth
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Annual Data (2010)
A total of 0 companies were added to the company register for Tipton in 2010. This number represents growth of 0.0% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 9 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Tipton company register grew by 65 companies.
Year Tipton UK 2010 0 58,126 2009 -9 -171,098 2008 50 111,302 2007 26 237,354 2006 65 205,274 Record Year 2006 (65) 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 Tipton increased by 3 companies.
Half Year (Jul-Dec) Tipton UK 2010 3 32,008 2009 -10 -63,883 Record Year 2008 (31) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Tipton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -1 companies.
fourth quarter (Oct 2010 - Dec 2010) Tipton UK 2010 -1 18,221 2009 -2 847 Record Year 2000 (17) 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 3 -8 4 Net growth in 2009 -6 -1 5 Record Year 2005 (11) 2007 (5) 2006 (6)
UK Company Share
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Annual Data (2010)
In 2010 Tipton formed 0.0% of all UK companies. This is no change on 2009 when Tipton was responsible for 0.0% of all UK companies.
Year Tipton 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1967 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Tipton formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Tipton 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1960 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Tipton formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Tipton 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1960 (0.2%) 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 0.0% 0.0% 0.0% UK formation share in 2009 0.0% 0.0% 0.0% % change 22.4% -23.2% -39.4% Record Year 1964 (0.1%) 1960 (0.8%) 1967 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 41.4.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 1.8% 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 39.9.
The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.7% 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 40.2.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.9% 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 Tipton was 1857 when 36.4% of all directors were female.
The percentage of female directors in Tipton in 2010 was 26.8%. 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 Tipton was 1860 when 42.9% of all directors were female.
32.3% of all director appointments in Tipton 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 Tipton was in 1977 when 31.1% of all directors were female.
42.9% of all director appointments in Tipton 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 CARE 2.11% CONSULTING 5.06% SECURITY 1.58% MANAGEMENT 5.01% B 1.58% CONSULTANCY 3.14% S 1.58% PROPERTY 2.36% PARTNERSHIP 1.58% TRADING 2.11% (MIDLANDS) 1.58% ASSOCIATES 1.95% TIPTON 1.58% DESIGN 1.92% TRANSPORT 1.05% BUSINESS 1.82% ENTERPRISES 1.05% CONSTRUCTION 1.82% SANDWELL 1.05% CONSULTANTS 1.76% FUELS 1.05% MEDIA 1.71% G 1.05% ENGINEERING 1.62% M 1.05% LONDON 1.60% BEAUTY 1.05% CARE 1.45% FIVE 1.05% INVESTMENTS 1.44% P 1.05% GLOBAL 1.43% GARAGE 1.05% J 1.42% LIABILITY 0.53% IT 1.41% COLLECTIONS 0.53% PROPERTIES 1.34% EMA 0.53% INTERNATIONAL 1.34% POSITIVE 0.53% BUILDING 1.34% HALLMARK 0.53% M 1.30% DAYS 0.53% ELECTRICAL 1.25% HAPPY 0.53% SYSTEMS 1.24% SPIN 0.53% 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 78 199,572 7487 - Other business activities 15 63,348 7499 - Non-trading company 4 12,000 9305 - Other service activities 4 8,858 6024 - Freight transport by road 3 2,401 99999 - Dormant Company 3 16,285 8010 - Primary education 3 564 5020 - Maintenance & repair of motors 3 1,408 70100 - Activities of head offices 2 2,862 56302 - Public houses and bars 2 1,542 82990 - Other business support service activities not elsewhere classified 2 27,550 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 2 1,044 62090 - Other information technology service activities 2 6,330 70229 - Management consultancy activities other than financial management 2 14,505 96090 - Other service activities not elsewhere classified 2 8,799 8514 - Other human health activities 2 2,450 4521 - General construction & civil engineering 2 6,598 7414 - Business & management consultancy 2 13,474 49410 - Freight transport by road 2 2,008 68209 - Other letting and operating of own or leased real estate 2 3,755
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07454247 BARDX LIMITED 29 Nov 2010 07439135 DIRECT COPIERS LIMITED 15 Nov 2010 07430830 EIGHT WHEELS LTD 05 Nov 2010 07429621 ZVAPERA RC LIMITED 04 Nov 2010 07428785 COZMOEZ LIMITED 03 Nov 2010 07427630 SURETIME TRANSPORT LTD 02 Nov 2010