Walsall, West Midlands

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Walsall when compared to any previous second half year.
  • November 2010 saw a new record in company closures in Walsall when compared to any previous November.
  • October 2010 saw a new record in company closures in Walsall when compared to any previous October.

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. Annual Data (2010)

    A total of 831 companies were formed in Walsall in 2010. This total is 3.6% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWalsallUK
    2010831400,358
    2009802362,675
    2008810349,203
    2007930457,649
    2006814405,440
    Record Year2007 (930)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Walsall when compared to any previous second half year.

    In the second half of 2010 a total of 410 companies were formed in Walsall. This figure is 8.8% higher than last year, which compares equally to the UK wide figure of 8.8%.

    The highest total for a second half year in Walsall occurred in 2010 when a total of 410 were formed.

    Half Year (Jul-Dec)WalsallUK
    2010410196,609
    2009377180,654
    % change8.8%8.8%
    Record Year2010 (410)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 192 companies were registered in Walsall during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 2.7% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)WalsallUK
    201019295,117
    200918785,983
    % change2.7%10.6%
    Record Year 2006 (210) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010627060
    New companies in 2009696454
    % change-10.1%9.4%11.1%
    Record Year2006 (86)2002 (79)2008 (62)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 901 companies were dissolved in Walsall in 2010. This total is 13.8% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWalsallUK
    2010901342,232
    20091,045533,773
    2008542237,901
    2007400220,295
    2006436200,166
    Record Year2009 (1,045)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 421 companies were dissolved in Walsall. This figure is 13.4% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Walsall occurred in 2009 when a total of 486 were closed.

    Half Year (Jul-Dec)WalsallUK
    2010421164,601
    2009486244,537
    % change-13.4%-32.7%
    Record Year2009 (486)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 200 companies were dissolved in Walsall during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 5.7% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)WalsallUK
    201020076,896
    200921285,136
    % change-5.7%-9.7%
    Record Year 2009 (212) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010667955
    Closed companies in 2009546197
    % change22.2%29.5%-43%
    Record Year2010 (66)2010 (79)2009 (97)

Net Company Growth

  1. Annual Data (2010)

    A total of -70 companies were removed to the company register for Walsall in 2010. This number represents decline of 8.7% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 173 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Walsall company register grew by 578 companies.

    YearWalsallUK
    2010-7058,126
    2009-243-171,098
    2008268111,302
    2007530237,354
    2006378205,274
    Record Year2003 (578)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Walsall decreased by 11 companies.

    Half Year (Jul-Dec)WalsallUK
    2010-1132,008
    2009-109-63,883
    Record Year2002 (259)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Walsall during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -8 companies.

    fourth quarter (Oct 2010 - Dec 2010)WalsallUK
    2010-818,221
    2009-25847
    Record Year 2002 (133) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-4-95
    Net growth in 2009153-43
    Record Year2005 (60)2002 (50)1996 (33)

UK Company Share

  1. Annual Data (2010)

    In 2010 Walsall formed 0.2% of all UK companies. This is no change on 2009 when Walsall was responsible for 0.2% of all UK companies.

    YearWalsall
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1965 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Walsall formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Walsall
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1968 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Walsall
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1968 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-21.3%-2.2%5.7%
    Record Year1968 (1.1%)1968 (0.7%)1976 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.0.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.1.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.0.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Walsall was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Walsall in 2010 was 23.0%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Walsall was 1860 when 42.9% of all directors were female.

    23.4% of all director appointments in Walsall in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Walsall was in 1977 when 31.1% of all directors were female.

    24.2% of all director appointments in Walsall in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.12%CONSULTING5.06%
    WALSALL1.12%MANAGEMENT5.01%
    CONSTRUCTION0.97%CONSULTANCY3.14%
    CAR0.97%PROPERTY2.36%
    S0.97%TRADING2.11%
    CARE0.90%ASSOCIATES1.95%
    (WALSALL)0.82%DESIGN1.92%
    MIDLANDS0.82%BUSINESS1.82%
    (MIDLANDS)0.82%CONSTRUCTION1.82%
    PROPERTIES0.82%CONSULTANTS1.76%
    ELECTRICAL0.75%MEDIA1.71%
    BUILDING0.75%ENGINEERING1.62%
    HIRE0.67%LONDON1.60%
    J0.67%CARE1.45%
    CONSULTANCY0.67%INVESTMENTS1.44%
    TRANSPORT0.67%GLOBAL1.43%
    PROPERTY0.60%J1.42%
    CONTRACTS0.60%IT1.41%
    ASSOCIATES0.60%PROPERTIES1.34%
    CLAIMS0.60%INTERNATIONAL1.34%
    CLEANING0.60%BUILDING1.34%
    SUPPLIES0.52%M1.30%
    GLOBAL0.52%ELECTRICAL1.25%
    CENTRE0.52%SYSTEMS1.24%
    T0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied452199,572
    7487 - Other business activities10463,348
    9999 - Dormant Company4120,144
    99999 - Dormant Company3616,285
    62020 - Information technology consultancy activities279,177
    4521 - General construction & civil engineering266,598
    82990 - Other business support service activities not elsewhere classified2127,550
    9305 - Other service activities188,858
    96090 - Other service activities not elsewhere classified178,799
    70229 - Management consultancy activities other than financial management1514,505
    5263 - Other non-store retail sale141,880
    7260 - Other computer related activities148,089
    7414 - Business & management consultancy1413,474
    49410 - Freight transport by road142,008
    62090 - Other information technology service activities136,330
    7499 - Non-trading company1312,000
    74990 - Non-trading company128,243
    4531 - Installation electrical wiring etc.112,170
    6024 - Freight transport by road112,401
    47990 - Other retail sale not in stores, stalls or markets111,943

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07476687 WHEELHOUSE PROPERTIES (SCILLY) LIMITED 22 Dec 2010
    07476317 AGIRLCALLEDRAE LIMITED 22 Dec 2010
    07474466 TEXTILE RECOVERY EUROPE LIMITED 21 Dec 2010
    07467083 5WPS LTD 13 Dec 2010
    07462853 SHOO 522 LIMITED 07 Dec 2010
    07459040 AMG UK ASSOCIATES LTD 02 Dec 2010
    07476533 SOFA SUPPLY COMPANY LIMITED 22 Dec 2010
    07471383 BANGLA BAZAR LTD 16 Dec 2010
    07478472 RSS TRANSPORT LIMITED 29 Dec 2010
    07475994 AMB SERVICES (EUROPE) LIMITED 22 Dec 2010
    07468764 OVERLAND FREIGHT LIMITED 14 Dec 2010
    07463356 PHOENIX POLISHING & FINISHING LIMITED 08 Dec 2010
    07462882 VITAL TRANSPORT SOLUTIONS (VTS) LTD 07 Dec 2010
    07455984 RJB COMPUTERS LTD 01 Dec 2010
    07455916 ASPIRATIONS ACTIVITY LOUNGE LTD 01 Dec 2010
    07480097 EURO HALAL MEAT (UK) LIMITED 30 Dec 2010
    07469793 WS4 DENTAL CARE LTD 14 Dec 2010
    07469545 IN-FLIGHT DATA SERVICES LIMITED 14 Dec 2010
    07470484 CHEF VIJAY LTD 15 Dec 2010
    07468268 DAVE'S CARPETS AND BLINDS LIMITED 13 Dec 2010
    07460246 ONE DIRECTION SOLUTIONS LTD 06 Dec 2010
    07478584 QUALITY PET SUPPLIES LTD 29 Dec 2010
    OC360001 PAM AND MICHELLE'S HAIRPORT LLP 02 Dec 2010
    07478219 ENVIROCAIR SUPPLIES LTD 23 Dec 2010
    07475587 R & J NICHOLLS LIMITED 21 Dec 2010