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

  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 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)WalsallUK
    2010200105,137
    200920591,034
    % change-2.4%15.5%
    Record Year 2007 (303) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010527276
    New companies in 2009646873
    % change-18.8%5.9%4.1%
    Record Year2007 (84)2007 (102)2007 (117)

Closed Companies (dissolved)

  1. 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)WalsallUK
    201022382,677
    2009239108,060
    % change-6.7%-23.5%
    Record Year 2009 (239) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010636496
    Closed companies in 20093455150
    % change85.3%16.4%-36%
    Record Year2010 (63)2010 (64)2009 (150)

Net Company Growth

  1. 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)WalsallUK
    2010-2322,460
    2009-34-17,026
    Record Year 2007 (202) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-118-20
    Net growth in 20093013-77
    Record Year2007 (51)2007 (70)2007 (81)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-24.6%-9.3%-13.5%
    Record Year1976 (0.8%)1967 (0.8%)1963 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.16%MANAGEMENT5.01%
    (MIDLANDS)0.93%CONSULTING4.60%
    J0.93%CONSULTANCY2.87%
    WALSALL0.85%PROPERTY2.50%
    T0.85%ASSOCIATES2.04%
    CONSTRUCTION0.85%TRADING1.93%
    S0.77%DESIGN1.91%
    PROPERTY0.77%CONSTRUCTION1.87%
    HOUSE0.77%MEDIA1.84%
    TRANSPORT0.77%BUSINESS1.74%
    DEVELOPMENTS0.70%INTERNATIONAL1.73%
    DIRECT0.70%CONSULTANTS1.63%
    HIRE0.70%ENGINEERING1.54%
    ENGINEERING0.70%J1.48%
    ENTERPRISES0.70%LONDON1.45%
    MAINTENANCE0.70%INVESTMENTS1.45%
    IT0.70%GROUP1.37%
    CARE0.62%GLOBAL1.35%
    PROPERTIES0.62%PROPERTIES1.35%
    ASSOCIATES0.62%BUILDING1.34%
    CLUB0.62%CARE1.33%
    CENTRE0.62%ELECTRICAL1.30%
    RECRUITMENT0.62%M1.28%
    BUSINESS0.62%SYSTEMS1.25%
    N0.54%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied481228,645
    7487 - Other business activities11774,904
    9999 - Dormant Company4519,948
    4521 - General construction & civil engineering409,325
    99999 - Dormant Company3113,808
    62020 - Information technology consultancy activities279,943
    6024 - Freight transport by road243,665
    82990 - Other business support service activities not elsewhere classified1926,974
    7414 - Business & management consultancy1917,003
    7222 - Other software consultancy and supply199,659
    7499 - Non-trading company1815,398
    7260 - Other computer related activities1710,331
    49410 - Freight transport by road172,152
    70229 - Management consultancy activities other than financial management1614,007
    5263 - Other non-store retail sale161,930
    7450 - Labour recruitment153,809
    9305 - Other service activities159,038
    5540 - Bars142,070
    96090 - Other service activities not elsewhere classified148,154
    74990 - Non-trading company148,149

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07127409 ULTRA-SOIL LIMITED 16 Jan 2010
    07125090 SPORTING KHALSA SPORTS CLUB LIMITED 14 Jan 2010
    07124979 TASTY FRYER LIMITED 13 Jan 2010
    07123281 THE ROOSTER HUT (WALSALL) LTD 12 Jan 2010
    07119055 UP & RUNNING LTD 07 Jan 2010
    07114796 SILVER GRILL KABAB LTD 02 Jan 2010
    07131312 RAJ MAHAL CATERING LTD 20 Jan 2010
    07126015 PARSONS ENGINEERING LIMITED 14 Jan 2010
    07140072 TRANZEL LIMITED 29 Jan 2010
    07132501 HALL PACKAGING LTD 21 Jan 2010
    07127596 ONE MORE ROUND (WALSALL) LIMITED 16 Jan 2010
    07122093 GO MACAW LTD 11 Jan 2010
    07118392 EJJ MARTIN LIMITED 07 Jan 2010
    07118228 TRIA CONSULTANCY LTD 07 Jan 2010
    07123975 GLADE (WEST MIDLANDS) LIMITED 13 Jan 2010
    07121228 HK CONTRACT SOLUTIONS LIMITED 10 Jan 2010
    07119663 NISA LOCAL (2010) LTD 08 Jan 2010
    07126456 NOVUS TECHNOLOGIES UK LIMITED 15 Jan 2010
    07123984 SAVANNAHS CRAFT BAKERY ARTISAN CAKES LIMITED 13 Jan 2010
    07125554 SPRAY EQUIPMENT SOLUTIONS LTD 14 Jan 2010
    07119319 SOLAR ENERGY LOFTS LIMITED 07 Jan 2010
    07138175 JAY AND S CONSTRUCTION LIMITED 27 Jan 2010
    07131489 MG BUILDING SUPPLIES LIMITED 20 Jan 2010
    07126157 COUNSEL FOR LIVING ORGANISATION LIMITED 15 Jan 2010
    07119263 TRY ANYTHING ONCE LTD 07 Jan 2010