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West Bromwich, West Midlands

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in West Bromwich when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in West Bromwich when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in West Bromwich when compared to any previous Q2.
  • April 2012 saw a new record in company registrations in West Bromwich when compared to any previous April.
  • June 2012 saw a new record in company closures in West Bromwich when compared to any previous June.
  • April 2012 saw a new record in company closures in West Bromwich when compared to any previous April.
  • April 2012 saw a new record in net growth in West Bromwich when compared to any previous April.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in West Bromwich when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in West Bromwich when compared to any half year in history.

    In the first half of 2012 a total of 133 companies were formed in West Bromwich. This figure is 2.3% higher than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in West Bromwich occurred in 2012 when a total of 133 were formed.

    Half Year (Jan-Jun)West BromwichUK
    2012133253,150
    2011130228,735
    % change2.3%10.7%
    Record Year2012 (133)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in West Bromwich when compared to any previous Q2.

    A total of 66 companies were registered in West Bromwich during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 4.8% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)West BromwichUK
    201266121,659
    201163112,344
    % change4.8%8.3%
    Record Year 2012 (66) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    April 2012 saw a new record in company registrations in West Bromwich when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2012302412
    New companies in 2011182322
    % change66.7%4.3%-45.5%
    Record Year2012 (30)2007 (27)2009 (26)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 84 companies were dissolved in West Bromwich. This figure is 1.2% lower than last year, which compares badly to the UK wide change of -8.9%.

    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 BromwichUK
    201284147,793
    201185162,310
    % change-1.2%-8.9%
    Record Year2009 (102)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 56 companies were dissolved in West Bromwich during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 55.6% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)West BromwichUK
    20125680,218
    20113671,324
    % change55.6%12.5%
    Record Year 2009 (56) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    June 2012 saw a new record in company closures in West Bromwich when compared to any previous June.

    April 2012 saw a new record in company closures in West Bromwich when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012172217
    Closed companies in 201161416
    % change183.3%57.1%6%
    Record Year2012 (17)2009 (26)2012 (17)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for West Bromwich increased by 49 companies.

    Half Year (Jan-Jun)West BromwichUK
    201249105,357
    20114566,425
    Record Year2008 (78)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for West Bromwich during the second quarter of 2012 (Apr 2012 - Jun 2012) was 10 companies.

    second quarter (Apr 2012 - Jun 2012)West BromwichUK
    20121041,441
    20112741,020
    Record Year 2005 (30) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    April 2012 saw a new record in net growth in West Bromwich when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 2012132-5
    Net growth in 20111296
    Record Year2012 (13)2006 (12)2005 (14)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 West Bromwich formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.

    Half Year (Jan-Jun)West Bromwich
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1967 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, West Bromwich formed 0.1% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)West Bromwich
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.0%
    Record Year (since 1960) 1967 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.1%0.0%
    UK formation share in 20110.1%0.1%0.1%
    % change40.2%-8.5%-41.7%
    Record Year1972 (0.4%)1967 (0.4%)1969 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 38.6.

    The percentage of directors under the age of 25 was 8.3% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 37.2.

    The percentage of directors under the age of 25 was 9.3% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 0.9% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in West Bromwich was 1861 when 40.0% of all directors were female.

    25.0% of all director appointments in West Bromwich in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in West Bromwich was in 1866 when 57.1% of all directors were female.

    26.2% of all director appointments in West Bromwich in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    FOODS1.52%CONSULTING5.07%
    CO1.30%MANAGEMENT4.74%
    J1.08%CONSULTANCY3.28%
    RECYCLING1.08%PROPERTY2.35%
    PROPERTY1.08%TRADING2.10%
    CONSTRUCTION1.08%DESIGN1.89%
    MANAGEMENT0.87%ENGINEERING1.87%
    MIDLANDS0.87%ASSOCIATES1.82%
    CARE0.87%CONSULTANTS1.78%
    (MIDLANDS)0.87%CONSTRUCTION1.71%
    M0.87%BUSINESS1.70%
    ASSOCIATES0.65%MEDIA1.69%
    MEDIA0.65%LONDON1.68%
    MAINTENANCE0.65%J1.57%
    TRADING0.65%GLOBAL1.51%
    GREEN0.65%INVESTMENTS1.48%
    ENTERPRISES0.65%IT1.42%
    S0.65%CARE1.31%
    CONSULTANCY0.65%PROPERTIES1.31%
    ENGINEERING0.65%M1.26%
    MIDLAND0.65%ELECTRICAL1.23%
    CENTRE0.65%BUILDING1.23%
    NEWS0.65%SECURITY1.19%
    CAR0.65%S1.18%
    BEAUTY0.65%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied182244,457
    7487 - Other business activities1447,029
    9305 - Other service activities97,926
    49410 - Freight transport by road82,912
    82990 - Other business support service activities not elsewhere classified635,447
    68209 - Other letting and operating of own or leased real estate64,535
    96090 - Other service activities not elsewhere classified614,220
    70100 - Activities of head offices62,678
    62090 - Other information technology service activities68,258
    99999 - Dormant Company526,088
    8042 - Adult and other education51,905
    9999 - Dormant Company516,469
    47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores4305
    8514 - Other human health activities42,277
    88990 - Other social work activities without accommodation not elsewhere classified41,828
    86900 - Other human health activities45,222
    56210 - Event catering activities4987
    32990 - Other manufacturing not elsewhere classified41,870
    46900 - Non-specialised wholesale trade41,696
    85600 - Educational support services41,578

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08057187 PERFORMANCE SCAFFOLDING NORTHERN LIMITED 03 May 2012
    08058626 THE GREAT BRIDGE SHED AND FENCING COMPANY LIMITED 04 May 2012
    08063718 MUNCHIES SANDWICHES LTD 10 May 2012
    08065630 DAVID & PEARSON LIMITED 11 May 2012
    08066792 DERA TRADING LIMITED 14 May 2012
    08070183 A.FISHER LTD 15 May 2012
    08070284 KRISU LTD 15 May 2012
    08073243 VENUE71 LIMITED 17 May 2012
    08076506 GANDHAM-PRESCOTT LIMITED 21 May 2012
    08078499 TUK TUK DELIVERIES LTD 22 May 2012
    08081144 UK PERFECT CONSTRUCTION LIMITED 24 May 2012
    08081392 DOPE LTD 24 May 2012
    08084177 KIDDERMINSTER COMMERCIALS LTD 25 May 2012
    08087315 EQUINOX CONSULTANCY LTD 29 May 2012
    08088970 LAWLEY LIMITED 30 May 2012
    08089292 WONGA FOR MY CAR LIMITED 30 May 2012
    08055319 KMS ASSOCIATES LIMITED 02 May 2012
    08057158 MAJOR CARS & TRAVEL LTD 03 May 2012
    08068404 ABC SPECIALIST LIMITED 14 May 2012
    08068670 VANTAGE PROPERTY SOLUTIONS 1 LIMITED 15 May 2012
    08070556 VANTAGE PROPERTY MANAGEMENT SOLUTIONS (UK) LIMITED 16 May 2012
    08086436 ADD (WEST MIDLANDS) LIMITED 29 May 2012
    08087049 CHARMING CANDY FLOSS CO. LIMITED 29 May 2012
    08089650 BEAUTY BODY CENTRE LTD 30 May 2012

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