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
    07390262 TNR (MIDLANDS) LTD 28 Sep 2010
    07386808 CENTRUM PROPERTY MANAGEMENT LIMITED 24 Sep 2010
    07380705 WALSALL CAR SALES LIMITED 20 Sep 2010
    07380425 ALL SEASONS TRADERS LTD 17 Sep 2010
    07379924 WESTMIDLANDS COMPUTER SUPPLIES LTD 17 Sep 2010
    07373408 TDM COMPUTERS LIMITED 13 Sep 2010
    07365299 INDIGO RESTAURANT LIMITED 03 Sep 2010
    07392745 PLASTIC AND PLUMBING CENTRE LTD 30 Sep 2010
    07388697 STERLING GUARDS MIDLANDS LIMITED 27 Sep 2010
    07382541 SECARO EUROPE LTD 21 Sep 2010
    07369465 NEW DREAM FURNITURE LIMITED 08 Sep 2010
    07389960 WALSALL TIMBER LIMITED 28 Sep 2010
    07388155 WALSALL TIMBER SPECIALISTS LIMITED 27 Sep 2010
    07379621 FAIRWAY CARE & TRAINING LIMITED 17 Sep 2010
    07374754 GILEAD CARE LIMITED 14 Sep 2010
    07390211 NOT YOUR FAULT LIMITED 28 Sep 2010
    07379110 WEST MIDLANDS ENTERPRISE FOR SKILLS & TRAINING LTD 16 Sep 2010
    07379010 M.K. FOODS (NORTHERN) LIMITED 16 Sep 2010
    07378929 A.K.HALEATH CONSULTANT LIMITED 16 Sep 2010
    07374511 SHAHZADA LIMITED 14 Sep 2010
    07370376 MIRAGE GLOBAL CONSULTANCY LIMITED 09 Sep 2010
    07369640 B & A METALS RECYCLING LIMITED 08 Sep 2010
    07367158 SIMPSON'S COSMETIC PAINT REPAIRS LIMITED 06 Sep 2010
    07386075 SPECIAL PAINT PROPERTIES LIMITED 23 Sep 2010
    07376805 MJ ROTATING LIMITED 15 Sep 2010