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
New Company Registrations
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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.
Year Walsall UK 2010 831 400,358 2009 802 362,675 2008 810 349,203 2007 930 457,649 2006 814 405,440 Record Year 2007 (930) 2007 (457,649) New Companies by Year
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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) Walsall UK 2010 410 196,609 2009 377 180,654 % change 8.8% 8.8% Record Year 2010 (410) 2003 (201,446) New Companies by Half Year
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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) Walsall UK 2010 192 95,117 2009 187 85,983 % change 2.7% 10.6% Record Year 2006 (210) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 62 70 60 New companies in 2009 69 64 54 % change -10.1% 9.4% 11.1% Record Year 2006 (86) 2002 (79) 2008 (62)
Closed Companies (dissolved)
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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.
Year Walsall UK 2010 901 342,232 2009 1,045 533,773 2008 542 237,901 2007 400 220,295 2006 436 200,166 Record Year 2009 (1,045) 2009 (533,773) Dissolved Companies by Year
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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) Walsall UK 2010 421 164,601 2009 486 244,537 % change -13.4% -32.7% Record Year 2009 (486) 2009 (244,537) Dissolved Companies by Half Year
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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) Walsall UK 2010 200 76,896 2009 212 85,136 % change -5.7% -9.7% Record Year 2009 (212) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 66 79 55 Closed companies in 2009 54 61 97 % change 22.2% 29.5% -43% Record Year 2010 (66) 2010 (79) 2009 (97)
Net Company Growth
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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.
Year Walsall UK 2010 -70 58,126 2009 -243 -171,098 2008 268 111,302 2007 530 237,354 2006 378 205,274 Record Year 2003 (578) 2003 (242,543) Net Growth by Year
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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) Walsall UK 2010 -11 32,008 2009 -109 -63,883 Record Year 2002 (259) 2003 (117,772) Net Growth by Half Year
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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) Walsall UK 2010 -8 18,221 2009 -25 847 Record Year 2002 (133) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -4 -9 5 Net growth in 2009 15 3 -43 Record Year 2005 (60) 2002 (50) 1996 (33)
UK Company Share
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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.
Year Walsall 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1965 (0.5%) Company Share by Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1968 (0.5%) Company Share by Half Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1968 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -21.3% -2.2% 5.7% Record Year 1968 (1.1%) 1968 (0.7%) 1976 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.12% CONSULTING 5.06% WALSALL 1.12% MANAGEMENT 5.01% CONSTRUCTION 0.97% CONSULTANCY 3.14% CAR 0.97% PROPERTY 2.36% S 0.97% TRADING 2.11% CARE 0.90% ASSOCIATES 1.95% (WALSALL) 0.82% DESIGN 1.92% MIDLANDS 0.82% BUSINESS 1.82% (MIDLANDS) 0.82% CONSTRUCTION 1.82% PROPERTIES 0.82% CONSULTANTS 1.76% ELECTRICAL 0.75% MEDIA 1.71% BUILDING 0.75% ENGINEERING 1.62% HIRE 0.67% LONDON 1.60% J 0.67% CARE 1.45% CONSULTANCY 0.67% INVESTMENTS 1.44% TRANSPORT 0.67% GLOBAL 1.43% PROPERTY 0.60% J 1.42% CONTRACTS 0.60% IT 1.41% ASSOCIATES 0.60% PROPERTIES 1.34% CLAIMS 0.60% INTERNATIONAL 1.34% CLEANING 0.60% BUILDING 1.34% SUPPLIES 0.52% M 1.30% GLOBAL 0.52% ELECTRICAL 1.25% CENTRE 0.52% SYSTEMS 1.24% T 0.52% S 1.23%
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 452 199,572 7487 - Other business activities 104 63,348 9999 - Dormant Company 41 20,144 99999 - Dormant Company 36 16,285 62020 - Information technology consultancy activities 27 9,177 4521 - General construction & civil engineering 26 6,598 82990 - Other business support service activities not elsewhere classified 21 27,550 9305 - Other service activities 18 8,858 96090 - Other service activities not elsewhere classified 17 8,799 70229 - Management consultancy activities other than financial management 15 14,505 5263 - Other non-store retail sale 14 1,880 7260 - Other computer related activities 14 8,089 7414 - Business & management consultancy 14 13,474 49410 - Freight transport by road 14 2,008 62090 - Other information technology service activities 13 6,330 7499 - Non-trading company 13 12,000 74990 - Non-trading company 12 8,243 4531 - Installation electrical wiring etc. 11 2,170 6024 - Freight transport by road 11 2,401 47990 - Other retail sale not in stores, stalls or markets 11 1,943
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07416737 INTELLIGENCE MATTERS RESEARCH CONSULTANCY LIMITED 22 Oct 2010 07416161 MBN ASSOCIATES LIMITED 22 Oct 2010 07403495 A1 WALSALL RADIO TAXIS LIMITED 11 Oct 2010 07401693 ORIENTAL LINK (UK) LTD 08 Oct 2010 07397692 EESA & MUSTAFA LTD 05 Oct 2010 07397469 5 CARE SERVICES LTD 05 Oct 2010 07423690 WALSALL DOUBLE GLAZING LTD 29 Oct 2010 07401618 SWEEJEL BEAUTY PRODUCTS LIMITED 08 Oct 2010 07399113 SOUL EXPRESSION RECORDS LTD 06 Oct 2010 07398359 SHEALIFE LIMITED 06 Oct 2010 07400109 AQUARIUS DESIGN LTD 07 Oct 2010 07401261 GREEN HILL SUSTAINABILITY LIMITED 08 Oct 2010 07424478 FCW REALISATIONS LIMITED 29 Oct 2010 07422639 CPU INVESTMENT UK LIMITED 28 Oct 2010 07411944 DHARAM KHERA LIMITED 19 Oct 2010 07408943 BLUEBIRD PROPERTY LIMITED 15 Oct 2010 07408927 ELLIOT LAURENCE LIMITED 15 Oct 2010 07406555 SHORT HEATH TYRE SALES LIMITED 13 Oct 2010 07404104 19TH HOLE LTD 12 Oct 2010 07399885 JUST LOOK SIMILAR LIMITED 07 Oct 2010 07398714 BAUGHAN LTD 06 Oct 2010 07421925 A D P ALDRIDGE LTD 28 Oct 2010 07406527 GREENMERE LIMITED 13 Oct 2010 07401612 WIZARD ROOFING LIMITED 08 Oct 2010 07396754 M. BUMFORD CONSULTING LIMITED 05 Oct 2010
reports
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