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
New Company Registrations
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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) Walsall UK 2010 218 101,492 2009 190 94,671 % change 14.7% 7.2% Record Year 2010 (218) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 73 64 81 New companies in 2009 74 55 61 % change -1.4% 16.4% 32.8% Record Year 2003 (78) 2007 (74) 2010 (81)
Closed Companies (dissolved)
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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) Walsall UK 2010 221 87,705 2009 274 159,401 % change -19.3% -45.0% Record Year 2009 (274) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 69 98 54 Closed companies in 2009 66 83 125 % change 4.5% 18.1% -57% Record Year 2010 (69) 2008 (154) 2009 (125)
Net Company Growth
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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) Walsall UK 2010 -3 13,787 2009 -84 -64,730 Record Year 2002 (126) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 4 -34 27 Net growth in 2009 8 -28 -64 Record Year 2008 (47) 2002 (37) 2003 (53)
UK Company Share
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1977 (0.5%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -8.2% 5.6% 27.3% Record Year 1965 (0.8%) 1977 (0.7%) 1969 (0.9%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (MIDLANDS) 1.22% MANAGEMENT 5.06% MANAGEMENT 1.22% CONSULTING 4.99% S 1.15% CONSULTANCY 3.12% CONSTRUCTION 0.99% PROPERTY 2.38% CAR 0.99% TRADING 2.04% WALSALL 0.99% ASSOCIATES 2.01% ELECTRICAL 0.92% DESIGN 1.93% J 0.92% CONSTRUCTION 1.86% CARE 0.84% BUSINESS 1.80% PROPERTIES 0.84% MEDIA 1.75% MIDLANDS 0.84% CONSULTANTS 1.73% TRANSPORT 0.76% LONDON 1.59% HIRE 0.76% ENGINEERING 1.59% T 0.69% INVESTMENTS 1.49% (WALSALL) 0.69% CARE 1.44% BUILDING 0.69% J 1.44% CLAIMS 0.69% INTERNATIONAL 1.43% ASSOCIATES 0.69% GLOBAL 1.42% CONSULTANCY 0.61% IT 1.35% DESIGN 0.61% PROPERTIES 1.35% C 0.61% BUILDING 1.32% CLUB 0.53% ELECTRICAL 1.30% CONTRACTS 0.53% M 1.28% COMMUNITY 0.53% SYSTEMS 1.26% CENTRE 0.53% S 1.24%
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 453 202,902 7487 - Other business activities 113 69,802 9999 - Dormant Company 44 21,484 99999 - Dormant Company 32 14,072 4521 - General construction & civil engineering 28 7,634 62020 - Information technology consultancy activities 22 8,292 9305 - Other service activities 21 9,454 82990 - Other business support service activities not elsewhere classified 19 25,053 5263 - Other non-store retail sale 17 2,039 6024 - Freight transport by road 16 2,771 70229 - Management consultancy activities other than financial management 16 13,161 96090 - Other service activities not elsewhere classified 15 7,767 7260 - Other computer related activities 15 8,967 7414 - Business & management consultancy 14 14,940 49410 - Freight transport by road 14 1,915 62090 - Other information technology service activities 13 5,716 74990 - Non-trading company 13 7,649 70100 - Activities of head offices 13 2,768 7222 - Other software consultancy and supply 13 8,183 5530 - Restaurants 12 5,181
Recent Companies
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Randomly selected companies from this quarter
reports
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