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

  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. 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)WalsallUK
    2010421203,749
    2009425182,021
    % change-0.9%11.9%
    Record Year2007 (531)2007 (279,097)
    New Companies by Half Year
  2. 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)WalsallUK
    201022198,612
    200922090,987
    % change0.5%8.4%
    Record Year 2003 (241) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010845582
    New companies in 2009658669
    % change29.2%-36.0%18.8%
    Record Year2008 (97)2009 (86)2008 (85)

Closed Companies (dissolved)

  1. 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)WalsallUK
    2010480177,631
    2009559289,236
    % change-14.1%-38.6%
    Record Year2009 (559)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)WalsallUK
    201025794,954
    2009320181,176
    % change-19.7%-47.6%
    Record Year 2009 (320) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 20107185101
    Closed companies in 20099113693
    % change-22.0%-37.5%9%
    Record Year2009 (91)2009 (136)2010 (101)

Net Company Growth

  1. 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)WalsallUK
    2010-5926,118
    2009-134-107,215
    Record Year2003 (346)2007 (171,296)
    Net Growth by Half Year
  2. 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)WalsallUK
    2010-363,658
    2009-100-90,189
    Record Year 2003 (187) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201013-30-19
    Net growth in 2009-26-50-24
    Record Year2003 (63)2003 (65)2008 (78)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1965 (0.5%)
    Company Share by Half Year
  2. 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
    20100.2%
    20090.2%
    20080.3%
    20070.2%
    20060.2%
    Record Year (since 1960) 1965 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.3%0.2%0.2%
    UK formation share in 20090.2%0.3%0.2%
    % change18.8%-39.1%6.9%
    Record Year1974 (0.7%)1967 (1.0%)1965 (0.8%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.41%MANAGEMENT5.01%
    S1.09%CONSULTING4.79%
    CONSTRUCTION1.01%CONSULTANCY3.02%
    CAR1.01%PROPERTY2.40%
    (MIDLANDS)1.01%ASSOCIATES2.02%
    J0.94%TRADING2.01%
    PROPERTY0.86%DESIGN1.91%
    ASSOCIATES0.78%CONSTRUCTION1.85%
    CARE0.78%MEDIA1.80%
    CLUB0.78%BUSINESS1.75%
    HIRE0.78%CONSULTANTS1.71%
    T0.70%INTERNATIONAL1.59%
    TRANSPORT0.70%ENGINEERING1.56%
    (WALSALL)0.62%LONDON1.52%
    ELECTRICAL0.62%INVESTMENTS1.49%
    BUSINESS0.62%J1.46%
    MIDLANDS0.62%CARE1.41%
    DEVELOPMENTS0.62%GLOBAL1.39%
    CLAIMS0.62%PROPERTIES1.35%
    PROPERTIES0.62%BUILDING1.33%
    TRADING0.62%M1.29%
    CENTRE0.55%IT1.28%
    DESIGN0.55%ELECTRICAL1.27%
    BUILDING0.55%GROUP1.25%
    IT0.55%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied471207,125
    7487 - Other business activities11068,525
    9999 - Dormant Company4319,842
    4521 - General construction & civil engineering368,262
    99999 - Dormant Company3314,342
    62020 - Information technology consultancy activities248,590
    9305 - Other service activities218,822
    6024 - Freight transport by road192,960
    82990 - Other business support service activities not elsewhere classified1925,942
    7222 - Other software consultancy and supply168,285
    7260 - Other computer related activities169,122
    5263 - Other non-store retail sale161,841
    70229 - Management consultancy activities other than financial management1613,490
    96090 - Other service activities not elsewhere classified157,922
    7499 - Non-trading company1413,997
    74990 - Non-trading company147,893
    7414 - Business & management consultancy1414,598
    49410 - Freight transport by road141,954
    70100 - Activities of head offices132,912
    62090 - Other information technology service activities135,854

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07261190 SUNRISE 1 LIMITED 21 May 2010
    07260062 HHM MEDICARE LIMITED 20 May 2010
    07257330 CAR CHOICES 4 U LIMITED 18 May 2010
    07252111 PRODUCTIVE STAFF LIMITED 13 May 2010
    07248236 C S HANDS ON LTD 10 May 2010
    07246406 HASHMI LIMITED 07 May 2010
    07246188 OM CORPORATION LIMITED 07 May 2010
    07242764 WILLENHALL TOWN LTD 04 May 2010
    07260424 DKR ACCOUNTANTS LTD 20 May 2010
    07259388 PICASSO TRADERS LIMITED 19 May 2010
    07255695 TOPPS HOUSING SERVICES LIMITED 17 May 2010
    07254898 WALSALL LGBT COMMUNITY INTEREST COMPANY 17 May 2010
    07262739 MY CLUB MY PASSION LIMITED 24 May 2010
    07255327 TRACY SLACK LTD 17 May 2010
    07257038 GOLD EXCHANGER LTD 18 May 2010
    07256344 A J HOMEFIX LIMITED 18 May 2010
    07257293 MIDDA'S FAST FREIGHT LIMITED 18 May 2010
    07253461 SELECT & SAVE BATHROOMS LIMITED 13 May 2010
    07245068 CASAMOR LIMITED 06 May 2010
    07246965 R & J TRADING LTD 07 May 2010
    07244958 SUPER CAR HIRE & LEASE LTD 06 May 2010
    07266852 HENRI WILLIAM REESE LIMITED 27 May 2010
    07265383 CUNNINGHAM EDWARDS LIMITED 26 May 2010
    07257202 SPINPRESS LIMITED 18 May 2010
    07251931 S M TELECOM LIMITED 12 May 2010