Wednesbury, West Midlands

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Wednesbury when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Wednesbury when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company registrations in Wednesbury when compared to any half year in history.
  • Q4 2010 saw a new record in company registrations in Wednesbury when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Wednesbury when compared to any previous December.
  • October 2010 saw a new record in company registrations in Wednesbury when compared to any previous October.
  • November 2010 saw a new record in company closures in Wednesbury when compared to any previous November.
  • Q4 2010 saw a new record in net growth in Wednesbury when compared to any previous Q4.
  • December 2010 saw a new record in net growth in Wednesbury when compared to any previous December.
  • October 2010 saw a new record in net growth in Wednesbury when compared to any previous October.
  • October 2010 was a record month for net growth in Wednesbury when compared to any month in history.

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)

    2010 was a record year for company registrations in Wednesbury when compared to any year in history.

    A total of 153 companies were formed in Wednesbury in 2010. This total is 6.3% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWednesburyUK
    2010153400,358
    2009144362,675
    2008121349,203
    2007116457,649
    2006102405,440
    Record Year2010 (153)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 Wednesbury when compared to any previous second half year.

    The second half of 2010 was a record second half year for company registrations in Wednesbury when compared to any half year in history.

    In the second half of 2010 a total of 85 companies were formed in Wednesbury. This figure is 26.9% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Wednesbury occurred in 2010 when a total of 85 were formed.

    Half Year (Jul-Dec)WednesburyUK
    201085196,609
    200967180,654
    % change26.9%8.8%
    Record Year2010 (85)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Wednesbury when compared to any previous Q4.

    A total of 45 companies were registered in Wednesbury during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 114.3% versus the same period last year (Q4 2009). This figure compares well 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)WednesburyUK
    20104595,117
    20092185,983
    % change114.3%10.6%
    Record Year 2010 (45) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Wednesbury when compared to any previous December.

    October 2010 saw a new record in company registrations in Wednesbury when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010201510
    New companies in 2009858
    % change150.0%200.0%25.0%
    Record Year2010 (20)2005 (16)2010 (10)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 119 companies were dissolved in Wednesbury in 2010. This total is 8.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWednesburyUK
    2010119342,232
    2009130533,773
    200845237,901
    200768220,295
    200673200,166
    Record Year2009 (130)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 57 companies were dissolved in Wednesbury. This figure is 6.6% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Wednesbury occurred in 2009 when a total of 61 were closed.

    Half Year (Jul-Dec)WednesburyUK
    201057164,601
    200961244,537
    % change-6.6%-32.7%
    Record Year2009 (61)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 22 companies were dissolved in Wednesbury during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 4.3% 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)WednesburyUK
    20102276,896
    20092385,136
    % change-4.3%-9.7%
    Record Year 2006 (27) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20104162
    Closed companies in 20094811
    % change0.0%100.0%-82%
    Record Year2006 (12)2010 (16)2009 (11)

Net Company Growth

  1. Annual Data (2010)

    A total of 34 companies were added to the company register for Wednesbury in 2010. This number represents growth of 23.6% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 20 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2008 when the Wednesbury company register grew by 76 companies.

    YearWednesburyUK
    20103458,126
    200914-171,098
    200876111,302
    200748237,354
    200629205,274
    Record Year2008 (76)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Wednesbury increased by 28 companies.

    Half Year (Jul-Dec)WednesburyUK
    20102832,008
    20096-63,883
    Record Year2008 (32)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in net growth in Wednesbury when compared to any previous Q4.

    Net company growth for Wednesbury during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 23 companies.

    fourth quarter (Oct 2010 - Dec 2010)WednesburyUK
    20102318,221
    2009-2847
    Record Year 2010 (23) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Wednesbury when compared to any previous December.

    October 2010 saw a new record in net growth in Wednesbury when compared to any previous October.

    October 2010 was a record month for net growth in Wednesbury when compared to any month in history.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201016-18
    Net growth in 20094-3-3
    Record Year2010 (16)2003 (8)2010 (8)

UK Company Share

  1. Annual Data (2010)

    In 2010 Wednesbury formed 0.0% of all UK companies. This is no change on 2009 when Wednesbury was responsible for 0.0% of all UK companies.

    YearWednesbury
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1960 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Wednesbury formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Wednesbury
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1973 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Wednesbury formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Wednesbury
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1961 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change118.8%168.1%19.0%
    Record Year1972 (0.4%)1960 (0.4%)1970 (0.3%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 42.3.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 1.4% 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 41.8.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 0.8% 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 43.2.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 0.0% 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 Wednesbury was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Wednesbury in 2010 was 22.4%. 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 Wednesbury was 1860 when 42.9% of all directors were female.

    24.6% of all director appointments in Wednesbury 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 Wednesbury was in 1977 when 31.1% of all directors were female.

    26.0% of all director appointments in Wednesbury 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
    MANAGEMENT1.97%CONSULTING5.06%
    SECURITY1.32%MANAGEMENT5.01%
    TRAINING1.32%CONSULTANCY3.14%
    PROPERTIES1.32%PROPERTY2.36%
    DESIGN0.99%TRADING2.11%
    PROPERTY0.99%ASSOCIATES1.95%
    HEALTH0.99%DESIGN1.92%
    CONSTRUCTION0.99%BUSINESS1.82%
    T0.99%CONSTRUCTION1.82%
    GLOBAL0.66%CONSULTANTS1.76%
    ALL0.66%MEDIA1.71%
    INSTALLATIONS0.66%ENGINEERING1.62%
    (WEST0.66%LONDON1.60%
    GREENPEA0.66%CARE1.45%
    PROJECT0.66%INVESTMENTS1.44%
    ENTERPRISES0.66%GLOBAL1.43%
    MIDLANDS)0.66%J1.42%
    VEHICLE0.66%IT1.41%
    PARK0.66%PROPERTIES1.34%
    INNOVATION0.66%INTERNATIONAL1.34%
    INTERNATIONAL0.66%BUILDING1.34%
    CENTRAL0.66%M1.30%
    IN0.66%ELECTRICAL1.25%
    HIRE0.66%SYSTEMS1.24%
    G0.66%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied69199,572
    99999 - Dormant Company1516,285
    7487 - Other business activities1163,348
    9999 - Dormant Company920,144
    43999 - Other specialised construction activities not elsewhere classified62,854
    82990 - Other business support service activities not elsewhere classified527,550
    43390 - Other building completion and finishing52,522
    45200 - Maintenance and repair of motor vehicles42,061
    7260 - Other computer related activities48,089
    74990 - Non-trading company48,243
    4533 - Plumbing41,526
    7414 - Business & management consultancy413,474
    43910 - Roofing activities3497
    41202 - Construction of domestic buildings32,127
    32990 - Other manufacturing not elsewhere classified31,405
    49410 - Freight transport by road32,008
    4521 - General construction & civil engineering36,598
    4534 - Other building installation32,357
    43330 - Floor and wall covering2574
    43220 - Plumbing, heat and air-conditioning installation22,187

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07422145 CTI COACHES LTD 28 Oct 2010
    07418736 CENTRAL SECURITY SOLUTIONS LIMITED 26 Oct 2010
    07418471 PRINCETON SOFTWARE SOLUTIONS LTD 25 Oct 2010
    07416560 INSPIRED PERSONNEL LIMITED 22 Oct 2010
    07416497 AMARIO'S LIMITED 22 Oct 2010
    07414604 COMPRESSED AIR & REFRIGERATION SERVICES LIMITED 21 Oct 2010
    07411164 MIDLANDS PIPEWORK INSTALLATION LTD 18 Oct 2010
    07410496 S.E.I. [WM] LTD 18 Oct 2010
    07410441 HIGHPITCHRECORDS LTD 18 Oct 2010
    07407216 CHOICE AND WEDNESBURY CARS LIMITED 14 Oct 2010
    07403455 DONNA'S CHILDMINDING LTD 11 Oct 2010
    07403453 M.C.F.M. SOLUTIONS LTD 11 Oct 2010
    07402560 RRB CNC LIMITED 11 Oct 2010
    07402465 ALWINS AUTHENTIC JERK PRODUCTS LIMITED 11 Oct 2010
    07400882 JAMES JOHN HAULAGE LTD 08 Oct 2010
    07400859 NEW PIONEER LTD 08 Oct 2010
    07400809 VISION LOFTS LIMITED 08 Oct 2010
    07400786 T & P (WEST MIDLANDS) LIMITED 08 Oct 2010
    07399200 HAYNES BATHROOMS LIMITED 06 Oct 2010
    07399076 F.A.S ENVIRONMENTAL LIMITED 06 Oct 2010

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