Walsall, West Midlands
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company closures in Walsall when compared to any previous February.
- January 2010 saw a new record in company closures in Walsall when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 200 companies were registered in Walsall during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 2.4% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Walsall UK 2010 200 105,137 2009 205 91,034 % change -2.4% 15.5% Record Year 2007 (303) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 52 72 76 New companies in 2009 64 68 73 % change -18.8% 5.9% 4.1% Record Year 2007 (84) 2007 (102) 2007 (117)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 223 companies were dissolved in Walsall during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 6.7% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Walsall UK 2010 223 82,677 2009 239 108,060 % change -6.7% -23.5% Record Year 2009 (239) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Walsall when compared to any previous February.
January 2010 saw a new record in company closures in Walsall when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 63 64 96 Closed companies in 2009 34 55 150 % change 85.3% 16.4% -36% Record Year 2010 (63) 2010 (64) 2009 (150)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Walsall during the first quarter of 2010 (Jan 2010 - Mar 2010) was -23 companies.
first quarter (Jan 2010 - Mar 2010) Walsall UK 2010 -23 22,460 2009 -34 -17,026 Record Year 2007 (202) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 -11 8 -20 Net growth in 2009 30 13 -77 Record Year 2007 (51) 2007 (70) 2007 (81)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Walsall formed 0.2% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Walsall 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1963 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -24.6% -9.3% -13.5% Record Year 1976 (0.8%) 1967 (0.8%) 1963 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 43.1.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Walsall was in 1861 when 40.0% of all directors were female.
24.2% of all director appointments in Walsall in the first 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 (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.16% MANAGEMENT 5.01% (MIDLANDS) 0.93% CONSULTING 4.60% J 0.93% CONSULTANCY 2.87% WALSALL 0.85% PROPERTY 2.50% T 0.85% ASSOCIATES 2.04% CONSTRUCTION 0.85% TRADING 1.93% S 0.77% DESIGN 1.91% PROPERTY 0.77% CONSTRUCTION 1.87% HOUSE 0.77% MEDIA 1.84% TRANSPORT 0.77% BUSINESS 1.74% DEVELOPMENTS 0.70% INTERNATIONAL 1.73% DIRECT 0.70% CONSULTANTS 1.63% HIRE 0.70% ENGINEERING 1.54% ENGINEERING 0.70% J 1.48% ENTERPRISES 0.70% LONDON 1.45% MAINTENANCE 0.70% INVESTMENTS 1.45% IT 0.70% GROUP 1.37% CARE 0.62% GLOBAL 1.35% PROPERTIES 0.62% PROPERTIES 1.35% ASSOCIATES 0.62% BUILDING 1.34% CLUB 0.62% CARE 1.33% CENTRE 0.62% ELECTRICAL 1.30% RECRUITMENT 0.62% M 1.28% BUSINESS 0.62% SYSTEMS 1.25% N 0.54% 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 481 228,645 7487 - Other business activities 117 74,904 9999 - Dormant Company 45 19,948 4521 - General construction & civil engineering 40 9,325 99999 - Dormant Company 31 13,808 62020 - Information technology consultancy activities 27 9,943 6024 - Freight transport by road 24 3,665 82990 - Other business support service activities not elsewhere classified 19 26,974 7414 - Business & management consultancy 19 17,003 7222 - Other software consultancy and supply 19 9,659 7499 - Non-trading company 18 15,398 7260 - Other computer related activities 17 10,331 49410 - Freight transport by road 17 2,152 70229 - Management consultancy activities other than financial management 16 14,007 5263 - Other non-store retail sale 16 1,930 7450 - Labour recruitment 15 3,809 9305 - Other service activities 15 9,038 5540 - Bars 14 2,070 96090 - Other service activities not elsewhere classified 14 8,154 74990 - Non-trading company 14 8,149
Recent Companies
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Randomly selected companies from this quarter
reports
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