Walsall, West Midlands
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company closures in Walsall when compared to any previous February.
- January 2011 saw a new record in company closures in Walsall when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 187 companies were registered in Walsall during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 6.5% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Walsall UK 2011 187 116,391 2010 200 105,137 % change -6.5% 10.7% Record Year 2007 (303) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 45 64 78 New companies in 2010 52 72 76 % change -13.5% -11.1% 2.6% Record Year 2007 (84) 2007 (102) 2007 (117)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 238 companies were dissolved in Walsall during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 6.7% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Walsall UK 2011 238 90,986 2010 223 82,677 % change 6.7% 10.0% Record Year 2009 (239) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Walsall when compared to any previous February.
January 2011 saw a new record in company closures in Walsall when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 102 89 47 Closed companies in 2010 63 64 96 % change 61.9% 39.1% -51% Record Year 2011 (102) 2011 (89) 2009 (150)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Walsall during the first quarter of 2011 (Jan 2011 - Mar 2011) was -51 companies.
first quarter (Jan 2011 - Mar 2011) Walsall UK 2011 -51 25,405 2010 -23 22,460 Record Year 2007 (202) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -57 -25 31 Net growth in 2010 -11 8 -20 Record Year 2007 (51) 2007 (70) 2007 (81)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Walsall formed 0.2% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Walsall 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1963 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.2% 0.2% UK formation share in 2010 0.2% 0.2% 0.2% % change -25.3% -21.8% -2.1% Record Year 1976 (0.8%) 1967 (0.8%) 1963 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.4.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Walsall was in 1861 when 40.0% of all directors were female.
18.5% of all director appointments in Walsall in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CARE 1.35% CONSULTING 5.04% MANAGEMENT 1.20% MANAGEMENT 4.97% WALSALL 1.20% CONSULTANCY 3.16% MIDLANDS 0.97% PROPERTY 2.38% PROPERTIES 0.97% TRADING 2.10% S 0.97% DESIGN 1.93% ELECTRICAL 0.90% ASSOCIATES 1.92% CONSTRUCTION 0.82% BUSINESS 1.87% ASSOCIATES 0.75% CONSTRUCTION 1.80% BUILDING 0.75% CONSULTANTS 1.76% CAR 0.75% MEDIA 1.69% CONSULTANCY 0.67% ENGINEERING 1.61% (MIDLANDS) 0.67% LONDON 1.60% J 0.60% CARE 1.45% (WALSALL) 0.60% J 1.45% GLOBAL 0.60% GLOBAL 1.44% CLAIMS 0.60% INVESTMENTS 1.43% PROPERTY 0.60% IT 1.41% SECURITY 0.52% PROPERTIES 1.36% B 0.52% BUILDING 1.34% CONSULTING 0.52% M 1.30% TRANSPORT 0.52% ELECTRICAL 1.28% ENTERPRISES 0.52% S 1.24% CONTRACTS 0.52% INTERNATIONAL 1.23% HOMES 0.45% SYSTEMS 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 458 202,798 7487 - Other business activities 101 60,968 99999 - Dormant Company 41 18,336 9999 - Dormant Company 39 19,765 62020 - Information technology consultancy activities 26 10,246 82990 - Other business support service activities not elsewhere classified 22 30,253 9305 - Other service activities 20 8,740 96090 - Other service activities not elsewhere classified 18 10,085 4521 - General construction & civil engineering 17 6,183 7414 - Business & management consultancy 16 12,916 5263 - Other non-store retail sale 14 1,853 74990 - Non-trading company 14 8,695 70229 - Management consultancy activities other than financial management 13 16,150 49410 - Freight transport by road 13 2,167 62090 - Other information technology service activities 12 6,996 7260 - Other computer related activities 11 7,789 43210 - Electrical installation 11 3,172 47990 - Other retail sale not in stores, stalls or markets 11 2,247 43290 - Other construction installation 11 1,446 41100 - Development of building projects 11 3,921
Recent Companies
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Randomly selected companies from this quarter
reports
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