West Bromwich, West Midlands
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 108 companies were formed in West Bromwich. This figure is 3.6% lower than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in West Bromwich occurred in 2008 when a total of 123 were formed.
Half Year (Jan-Jun) West Bromwich UK 2010 108 203,749 2009 112 182,021 % change -3.6% 11.9% Record Year 2008 (123) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 53 companies were registered in West Bromwich during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 1.9% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) West Bromwich UK 2010 53 98,612 2009 54 90,987 % change -1.9% 8.4% Record Year 2009 (54) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 15 17 21 New companies in 2009 11 17 26 % change 36.4% 0.0% -19.2% Record Year 2008 (17) 2007 (27) 2009 (26)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 80 companies were dissolved in West Bromwich. This figure is 21.6% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in West Bromwich occurred in 2009 when a total of 102 were closed.
Half Year (Jan-Jun) West Bromwich UK 2010 80 177,631 2009 102 289,236 % change -21.6% -38.6% Record Year 2009 (102) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 38 companies were dissolved in West Bromwich during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 32.1% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) West Bromwich UK 2010 38 94,954 2009 56 181,176 % change -32.1% -47.6% Record Year 2009 (56) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 12 13 13 Closed companies in 2009 15 26 15 % change -20.0% -50.0% -13% Record Year 2009 (15) 2009 (26) 2009 (15)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for West Bromwich increased by 28 companies.
Half Year (Jan-Jun) West Bromwich UK 2010 28 26,118 2009 10 -107,215 Record Year 2008 (78) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for West Bromwich during the second quarter of 2010 (Apr 2010 - Jun 2010) was 15 companies.
second quarter (Apr 2010 - Jun 2010) West Bromwich UK 2010 15 3,658 2009 -2 -90,189 Record Year 2005 (30) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 3 4 8 Net growth in 2009 -4 -9 11 Record Year 2000 (11) 2006 (12) 2005 (14)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 West Bromwich formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) West Bromwich 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 1967 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, West Bromwich formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) West Bromwich 2010 0.1% 2009 0.1% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1967 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.0% 0.1% 0.1% UK formation share in 2009 0.0% 0.1% 0.1% % change 25.4% -4.7% -27.3% Record Year 1972 (0.4%) 1967 (0.4%) 1969 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 43.5.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 42.9.
The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in West Bromwich was 1857 when 40.0% of all directors were female.
16.7% of all director appointments in West Bromwich in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in West Bromwich was in 1866 when 66.7% of all directors were female.
15.2% of all director appointments in West Bromwich in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PROPERTIES 1.21% MANAGEMENT 5.01% ENTERPRISE 1.21% CONSULTING 4.79% NEWBRIDGE 0.97% CONSULTANCY 3.02% BAKERY 0.97% PROPERTY 2.40% WEST 0.97% ASSOCIATES 2.02% ENTERPRISES 0.97% TRADING 2.01% MANAGEMENT 0.97% DESIGN 1.91% VAS 0.72% CONSTRUCTION 1.85% SUPPLIES 0.72% MEDIA 1.80% DIRECT 0.72% BUSINESS 1.75% CONSULTANCY 0.72% CONSULTANTS 1.71% WORLD 0.72% INTERNATIONAL 1.59% METAL 0.72% ENGINEERING 1.56% SANDWELL 0.72% LONDON 1.52% DM 0.72% INVESTMENTS 1.49% FURNITURE 0.72% J 1.46% TRADE 0.48% CARE 1.41% TRADING 0.48% GLOBAL 1.39% SPINTEC 0.48% PROPERTIES 1.35% KITCHENS 0.48% BUILDING 1.33% CRISPOL 0.48% M 1.29% COSMETICS 0.48% IT 1.28% KRAZY 0.48% ELECTRICAL 1.27% (BIRMINGHAM 0.48% GROUP 1.25% GIRL 0.48% DEVELOPMENTS 1.25%
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 133 207,125 7487 - Other business activities 23 68,525 9999 - Dormant Company 10 19,842 4521 - General construction & civil engineering 9 8,262 1754 - Manufacture of other textiles 9 138 5552 - Catering 6 2,171 4525 - Other special trades construction 5 2,224 6024 - Freight transport by road 5 2,960 32990 - Other manufacturing not elsewhere classified 5 1,312 86900 - Other human health activities 5 3,450 82990 - Other business support service activities not elsewhere classified 4 25,942 43342 - Glazing 4 346 7260 - Other computer related activities 4 9,122 43991 - Scaffold erection 4 223 4534 - Other building installation 4 2,652 5020 - Maintenance & repair of motors 3 1,432 4531 - Installation electrical wiring etc. 3 2,504 7499 - Non-trading company 3 13,997 43999 - Other specialised construction activities not elsewhere classified 3 2,739 5530 - Restaurants 3 4,879
Recent Companies
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Randomly selected companies from this quarter
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