Walsall, West Midlands
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in Walsall when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 421 companies were formed in Walsall. This figure is 0.9% lower than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Walsall occurred in 2007 when a total of 531 were formed.
Half Year (Jan-Jun) Walsall UK 2010 421 203,749 2009 425 182,021 % change -0.9% 11.9% Record Year 2007 (531) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 221 companies were registered in Walsall during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 0.5% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Walsall UK 2010 221 98,612 2009 220 90,987 % change 0.5% 8.4% Record Year 2003 (241) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 84 55 82 New companies in 2009 65 86 69 % change 29.2% -36.0% 18.8% Record Year 2008 (97) 2009 (86) 2008 (85)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 480 companies were dissolved in Walsall. This figure is 14.1% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Walsall occurred in 2009 when a total of 559 were closed.
Half Year (Jan-Jun) Walsall UK 2010 480 177,631 2009 559 289,236 % change -14.1% -38.6% Record Year 2009 (559) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 257 companies were dissolved in Walsall during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 19.7% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Walsall UK 2010 257 94,954 2009 320 181,176 % change -19.7% -47.6% Record Year 2009 (320) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Walsall when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 71 85 101 Closed companies in 2009 91 136 93 % change -22.0% -37.5% 9% Record Year 2009 (91) 2009 (136) 2010 (101)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Walsall decreased by 59 companies.
Half Year (Jan-Jun) Walsall UK 2010 -59 26,118 2009 -134 -107,215 Record Year 2003 (346) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Walsall during the second quarter of 2010 (Apr 2010 - Jun 2010) was -36 companies.
second quarter (Apr 2010 - Jun 2010) Walsall UK 2010 -36 3,658 2009 -100 -90,189 Record Year 2003 (187) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 13 -30 -19 Net growth in 2009 -26 -50 -24 Record Year 2003 (63) 2003 (65) 2008 (78)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Walsall formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jan-Jun) Walsall 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1965 (0.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Walsall formed 0.2% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Walsall 2010 0.2% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.2% Record Year (since 1960) 1965 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.3% 0.2% 0.2% UK formation share in 2009 0.2% 0.3% 0.2% % change 18.8% -39.1% 6.9% Record Year 1974 (0.7%) 1967 (1.0%) 1965 (0.8%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 42.9.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 42.6.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Walsall was 1861 when 40.0% of all directors were female.
23.4% of all director appointments in Walsall in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Walsall was in 1866 when 66.7% of all directors were female.
22.6% of all director appointments in Walsall in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.41% MANAGEMENT 5.01% S 1.09% CONSULTING 4.79% CONSTRUCTION 1.01% CONSULTANCY 3.02% CAR 1.01% PROPERTY 2.40% (MIDLANDS) 1.01% ASSOCIATES 2.02% J 0.94% TRADING 2.01% PROPERTY 0.86% DESIGN 1.91% ASSOCIATES 0.78% CONSTRUCTION 1.85% CARE 0.78% MEDIA 1.80% CLUB 0.78% BUSINESS 1.75% HIRE 0.78% CONSULTANTS 1.71% T 0.70% INTERNATIONAL 1.59% TRANSPORT 0.70% ENGINEERING 1.56% (WALSALL) 0.62% LONDON 1.52% ELECTRICAL 0.62% INVESTMENTS 1.49% BUSINESS 0.62% J 1.46% MIDLANDS 0.62% CARE 1.41% DEVELOPMENTS 0.62% GLOBAL 1.39% CLAIMS 0.62% PROPERTIES 1.35% PROPERTIES 0.62% BUILDING 1.33% TRADING 0.62% M 1.29% CENTRE 0.55% IT 1.28% DESIGN 0.55% ELECTRICAL 1.27% BUILDING 0.55% GROUP 1.25% IT 0.55% DEVELOPMENTS 1.25%
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 471 207,125 7487 - Other business activities 110 68,525 9999 - Dormant Company 43 19,842 4521 - General construction & civil engineering 36 8,262 99999 - Dormant Company 33 14,342 62020 - Information technology consultancy activities 24 8,590 9305 - Other service activities 21 8,822 6024 - Freight transport by road 19 2,960 82990 - Other business support service activities not elsewhere classified 19 25,942 7222 - Other software consultancy and supply 16 8,285 7260 - Other computer related activities 16 9,122 5263 - Other non-store retail sale 16 1,841 70229 - Management consultancy activities other than financial management 16 13,490 96090 - Other service activities not elsewhere classified 15 7,922 7499 - Non-trading company 14 13,997 74990 - Non-trading company 14 7,893 7414 - Business & management consultancy 14 14,598 49410 - Freight transport by road 14 1,954 70100 - Activities of head offices 13 2,912 62090 - Other information technology service activities 13 5,854
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07240363 TELEWAVES (PVT) LIMITED 30 Apr 2010 07235933 CAR CRASH MANAGEMENT LTD 27 Apr 2010 07235138 THE IP STUDIO LTD 26 Apr 2010 07230046 AIR SPEED (DORSET) LTD 21 Apr 2010 07226482 CAR STOP LIMITED 17 Apr 2010 07225730 GLOBAL LIVEWIRE LTD 16 Apr 2010 07222796 WESTWOOD BUILDING SERVICES LIMITED 14 Apr 2010 07216016 MEDUSA HOMES LIMITED 07 Apr 2010 07211107 TAKEFOOD LIMITED 01 Apr 2010 07211011 HUGOS PET SUPPLIES LIMITED 01 Apr 2010 07225855 KNIGHTSBRIDGE LEATHER GOODS LIMITED 16 Apr 2010 07213979 BESTBREAD LIMITED 06 Apr 2010 07213085 RAPID RESPONSE CLAIMS LTD 06 Apr 2010 07212440 SIMON HORTON LIMITED 06 Apr 2010 07210944 DRAMARATIC LIMITED 01 Apr 2010 07233147 A L J CONTRACTS LTD 23 Apr 2010 07217705 D.R.B. METER SERVICES LIMITED 08 Apr 2010 07215530 FAST TREKEER BOUW LIMITED 07 Apr 2010 07229772 ZOOM 24 COURIERS LIMITED 21 Apr 2010 07228384 GALLIFREY CONSULTANTS LIMITED 20 Apr 2010 07224896 K16 CKS LIMITED 15 Apr 2010 07222055 CHRIST OUTREACH MINISTRY INTERNATIONAL 13 Apr 2010 07225121 BESPOKE EXTENSIONS LTD 15 Apr 2010 07233958 INFRICO UK LIMITED 23 Apr 2010 07223581 KENDALL MANAGEMENT SOLUTIONS LIMITED 14 Apr 2010
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