Walsall, West Midlands

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Walsall when compared to any previous Q3.
  • September 2010 saw a new record in company registrations in Walsall when compared to any previous September.
  • July 2010 saw a new record in company closures in Walsall when compared to any previous July.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Walsall when compared to any previous Q3.

    A total of 218 companies were registered in Walsall during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 14.7% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)WalsallUK
    2010218101,492
    200919094,671
    % change14.7%7.2%
    Record Year 2010 (218) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    September 2010 saw a new record in company registrations in Walsall when compared to any previous September.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010736481
    New companies in 2009745561
    % change-1.4%16.4%32.8%
    Record Year2003 (78)2007 (74)2010 (81)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 221 companies were dissolved in Walsall during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 19.3% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)WalsallUK
    201022187,705
    2009274159,401
    % change-19.3%-45.0%
    Record Year 2009 (274) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    July 2010 saw a new record in company closures in Walsall when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010699854
    Closed companies in 20096683125
    % change4.5%18.1%-57%
    Record Year2010 (69)2008 (154)2009 (125)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Walsall during the third quarter of 2010 (Jul 2010 - Sep 2010) was -3 companies.

    third quarter (Jul 2010 - Sep 2010)WalsallUK
    2010-313,787
    2009-84-64,730
    Record Year 2002 (126) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20104-3427
    Net growth in 20098-28-64
    Record Year2008 (47)2002 (37)2003 (53)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Walsall formed 0.2% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Walsall
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1977 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-8.2%5.6%27.3%
    Record Year1965 (0.8%)1977 (0.7%)1969 (0.9%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 43.2.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Walsall was in 1862 when 50.0% of all directors were female.

    22.6% of all director appointments in Walsall in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (MIDLANDS)1.22%MANAGEMENT5.06%
    MANAGEMENT1.22%CONSULTING4.99%
    S1.15%CONSULTANCY3.12%
    CONSTRUCTION0.99%PROPERTY2.38%
    CAR0.99%TRADING2.04%
    WALSALL0.99%ASSOCIATES2.01%
    ELECTRICAL0.92%DESIGN1.93%
    J0.92%CONSTRUCTION1.86%
    CARE0.84%BUSINESS1.80%
    PROPERTIES0.84%MEDIA1.75%
    MIDLANDS0.84%CONSULTANTS1.73%
    TRANSPORT0.76%LONDON1.59%
    HIRE0.76%ENGINEERING1.59%
    T0.69%INVESTMENTS1.49%
    (WALSALL)0.69%CARE1.44%
    BUILDING0.69%J1.44%
    CLAIMS0.69%INTERNATIONAL1.43%
    ASSOCIATES0.69%GLOBAL1.42%
    CONSULTANCY0.61%IT1.35%
    DESIGN0.61%PROPERTIES1.35%
    C0.61%BUILDING1.32%
    CLUB0.53%ELECTRICAL1.30%
    CONTRACTS0.53%M1.28%
    COMMUNITY0.53%SYSTEMS1.26%
    CENTRE0.53%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied453202,902
    7487 - Other business activities11369,802
    9999 - Dormant Company4421,484
    99999 - Dormant Company3214,072
    4521 - General construction & civil engineering287,634
    62020 - Information technology consultancy activities228,292
    9305 - Other service activities219,454
    82990 - Other business support service activities not elsewhere classified1925,053
    5263 - Other non-store retail sale172,039
    6024 - Freight transport by road162,771
    70229 - Management consultancy activities other than financial management1613,161
    96090 - Other service activities not elsewhere classified157,767
    7260 - Other computer related activities158,967
    7414 - Business & management consultancy1414,940
    49410 - Freight transport by road141,915
    62090 - Other information technology service activities135,716
    74990 - Non-trading company137,649
    70100 - Activities of head offices132,768
    7222 - Other software consultancy and supply138,183
    5530 - Restaurants125,181

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07330130 SUTTON REAL ESTATE (WM) LTD 29 Jul 2010
    07328115 CANNON SPORTS LIMITED 28 Jul 2010
    07327052 YASAR ALI LTD 27 Jul 2010
    07320738 VERTIBUILD LIMITED 20 Jul 2010
    07318629 DREAM HOMES FURNITURE LIMITED 19 Jul 2010
    07318044 TIGGA AND SECURE LTD 19 Jul 2010
    07309857 KISHOORE SOFTWARES LTD 09 Jul 2010
    07308094 RESOLUTE CLAIMS SOLUTIONS LIMITED 08 Jul 2010
    07307770 KUDOS INT. LTD 07 Jul 2010
    07306882 SHIMLA PEPPERS (1978) LIMITED 07 Jul 2010
    07303929 SPARKLE 4 U LIMITED 05 Jul 2010
    07303814 HIGHGATE MOTORS LTD 05 Jul 2010
    07302783 STRUCTURESEAL LIMITED 02 Jul 2010
    OC356735 IDEAL CHILDCARE LLP 26 Jul 2010
    07319739 BEACON IT SOLUTIONS LIMITED 20 Jul 2010
    07306768 EDU-CARE RECRUITMENT (WALSALL) LTD 07 Jul 2010
    07330530 SIMON MARTIN (CONTRACTING) LIMITED 29 Jul 2010
    07316151 SOS RESPONSE AUTOMOBILE LIMITED 15 Jul 2010
    07309961 MIDLANDS HEALTH WISE 09 Jul 2010
    07328366 MEDIA XY LIMITED 28 Jul 2010
    07318543 UK SOCKS LTD 19 Jul 2010
    07327486 STEP UP PLUS COMMUNITY COMMUNITY INTEREST COMPANY 27 Jul 2010
    07313687 ASKHILL LTD 14 Jul 2010
    07329413 UK SPORTS PTY LIMITED 28 Jul 2010
    07316525 MURPHYS ENTERTAINMENTS LIMITED 15 Jul 2010