West Bromwich, West Midlands
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company registrations in West Bromwich when compared to any year in history.
- The second half of 2010 saw a new record in company registrations in West Bromwich when compared to any previous second half year.
- Q4 2010 saw a new record in company registrations in West Bromwich when compared to any previous Q4.
- December 2010 saw a new record in company registrations in West Bromwich when compared to any previous December.
- November 2010 saw a new record in company registrations in West Bromwich when compared to any previous November.
- October 2010 saw a new record in company registrations in West Bromwich when compared to any previous October.
- October 2010 saw a new record in company closures in West Bromwich when compared to any previous October.
- Q4 2010 saw a new record in net growth in West Bromwich when compared to any previous Q4.
- December 2010 saw a new record in net growth in West Bromwich when compared to any previous December.
- November 2010 saw a new record in net growth in West Bromwich when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
2010 was a record year for company registrations in West Bromwich when compared to any year in history.
A total of 229 companies were formed in West Bromwich in 2010. This total is 7.0% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year West Bromwich UK 2010 229 400,358 2009 214 362,675 2008 203 349,203 2007 205 457,649 2006 168 405,440 Record Year 2010 (229) 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 West Bromwich when compared to any previous second half year.
In the second half of 2010 a total of 121 companies were formed in West Bromwich. This figure is 18.6% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in West Bromwich occurred in 2010 when a total of 121 were formed.
Half Year (Jul-Dec) West Bromwich UK 2010 121 196,609 2009 102 180,654 % change 18.6% 8.8% Record Year 2010 (121) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company registrations in West Bromwich when compared to any previous Q4.
A total of 66 companies were registered in West Bromwich during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 24.5% 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) West Bromwich UK 2010 66 95,117 2009 53 85,983 % change 24.5% 10.6% Record Year 2010 (66) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company registrations in West Bromwich when compared to any previous December.
November 2010 saw a new record in company registrations in West Bromwich when compared to any previous November.
October 2010 saw a new record in company registrations in West Bromwich when compared to any previous October.
New Companies by Month
October November December New companies in 2010 25 25 16 New companies in 2009 18 19 16 % change 38.9% 31.6% 0.0% Record Year 2010 (25) 2010 (25) 2010 (16)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 168 companies were dissolved in West Bromwich in 2010. This total is 23.3% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year West Bromwich UK 2010 168 342,232 2009 219 533,773 2008 95 237,901 2007 141 220,295 2006 138 200,166 Record Year 2009 (219) 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 88 companies were dissolved in West Bromwich. This figure is 24.8% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in West Bromwich occurred in 2009 when a total of 117 were closed.
Half Year (Jul-Dec) West Bromwich UK 2010 88 164,601 2009 117 244,537 % change -24.8% -32.7% Record Year 2009 (117) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 30 companies were dissolved in West Bromwich during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 40.0% versus the same period last year (Q4 2009). This figure compares well 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) West Bromwich UK 2010 30 76,896 2009 50 85,136 % change -40.0% -9.7% Record Year 2009 (50) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in company closures in West Bromwich when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 19 6 5 Closed companies in 2009 15 16 19 % change 26.7% -62.5% -74% Record Year 2010 (19) 2006 (18) 2009 (19)
Net Company Growth
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Annual Data (2010)
A total of 61 companies were added to the company register for West Bromwich in 2010. This number represents growth of 28.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 66 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2008 when the West Bromwich company register grew by 108 companies.
Year West Bromwich UK 2010 61 58,126 2009 -5 -171,098 2008 108 111,302 2007 64 237,354 2006 30 205,274 Record Year 2008 (108) 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 West Bromwich increased by 33 companies.
Half Year (Jul-Dec) West Bromwich UK 2010 33 32,008 2009 -15 -63,883 Record Year 2002 (39) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in net growth in West Bromwich when compared to any previous Q4.
Net company growth for West Bromwich during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 36 companies.
fourth quarter (Oct 2010 - Dec 2010) West Bromwich UK 2010 36 18,221 2009 3 847 Record Year 2010 (36) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in net growth in West Bromwich when compared to any previous December.
November 2010 saw a new record in net growth in West Bromwich when compared to any previous November.
Net Growth by Month
October November December Net growth in 2010 6 19 11 Net growth in 2009 3 3 -3 Record Year 2008 (13) 2010 (19) 2010 (11)
UK Company Share
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Annual Data (2010)
In 2010 West Bromwich formed 0.1% of all UK companies. This is no change on 2009 when West Bromwich was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2010)
In the second 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 (Jul-Dec) West Bromwich 2010 0.1% 2009 0.1% 2008 0.0% 2007 0.1% 2006 0.0% Record Year (since 1960) 1969 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, West Bromwich formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) West Bromwich 2010 0.1% 2009 0.1% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.2%) 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 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 21.6% 17.6% -4.8% Record Year 1967 (0.3%) 1962 (0.3%) 1969 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 42.2.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.0% 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 40.6.
The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.0% 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 41.6.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 1.4% 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 West Bromwich was 1857 when 36.4% of all directors were female.
The percentage of female directors in West Bromwich in 2010 was 19.1%. 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 West Bromwich was 1860 when 42.9% of all directors were female.
19.7% of all director appointments in West Bromwich 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 West Bromwich was in 1977 when 31.1% of all directors were female.
24.4% of all director appointments in West Bromwich 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 1.85% CONSULTING 5.06% PROPERTIES 1.23% MANAGEMENT 5.01% ENTERPRISE 1.03% CONSULTANCY 3.14% EXPRESS 0.82% PROPERTY 2.36% FURNITURE 0.82% TRADING 2.11% PROPERTY 0.82% ASSOCIATES 1.95% CLEANING 0.62% DESIGN 1.92% COMMUNITY 0.62% BUSINESS 1.82% WEST 0.62% CONSTRUCTION 1.82% KEERAT 0.62% CONSULTANTS 1.76% SUPPLIES 0.62% MEDIA 1.71% DIRECT 0.62% ENGINEERING 1.62% CONTRACTORS 0.62% LONDON 1.60% M 0.62% CARE 1.45% TRADING 0.62% INVESTMENTS 1.44% CONSULTANCY 0.62% GLOBAL 1.43% GREEN 0.62% J 1.42% MIDLANDS 0.62% IT 1.41% HOLT 0.41% PROPERTIES 1.34% SPORTS 0.41% INTERNATIONAL 1.34% ANGLO 0.41% BUILDING 1.34% T 0.41% M 1.30% COLLEGE 0.41% ELECTRICAL 1.25% BB 0.41% SYSTEMS 1.24% SECURITY 0.41% 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 136 199,572 7487 - Other business activities 24 63,348 9999 - Dormant Company 12 20,144 1754 - Manufacture of other textiles 9 153 32990 - Other manufacturing not elsewhere classified 6 1,405 86900 - Other human health activities 5 3,700 9305 - Other service activities 5 8,858 82990 - Other business support service activities not elsewhere classified 5 27,550 43220 - Plumbing, heat and air-conditioning installation 4 2,187 5530 - Restaurants 4 4,939 4534 - Other building installation 4 2,357 43342 - Glazing 4 354 5190 - Other wholesale 4 1,447 62090 - Other information technology service activities 4 6,330 43991 - Scaffold erection 4 244 4521 - General construction & civil engineering 4 6,598 5552 - Catering 4 2,157 8514 - Other human health activities 3 2,450 7499 - Non-trading company 3 12,000 46130 - Agents involved in the sale of timber and building materials 3 172
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07480436 DEBT MEDIATION LIMITED 31 Dec 2010 07475088 PJB CONTRACTS LIMITED 21 Dec 2010 07474956 MAK MANDY TRADING LTD 21 Dec 2010 07474348 CUTCHI SUNNI MUSLIM ASSOCIATION (BIRMINGHAM) 20 Dec 2010 07470206 291 COMMUNITY ASSOCIATION LIMITED 15 Dec 2010 07469964 3 ARROWS LTD 15 Dec 2010 07468300 SHEDS (MIDLANDS) LTD 13 Dec 2010 07464556 K & D CLEANING SERVICES LIMITED 08 Dec 2010 07463244 MIRZA.A LTD 08 Dec 2010 07461484 GREEN HOMES GREEN SKILLS LIMITED 06 Dec 2010 07459707 PROVIDERS OF TRAINING AND COUNSELLING SERVICE LTD 03 Dec 2010 07459608 BETTA BUILDINGS (PROJECTS) LIMITED 03 Dec 2010 07456373 WHITGREAVE COURT MANAGEMENT COMPANY LIMITED 01 Dec 2010 07470824 CAPITAL HARDWARE & GLAZING LTD 15 Dec 2010 07456238 ALLERTON HAULAGE LIMITED 01 Dec 2010 OC360006 JUST TO SAY LLP 02 Dec 2010
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