West Bromwich, West Midlands
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in West Bromwich when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in West Bromwich when compared to any previous second half year.
- October 2012 saw a new record in company closures in West Bromwich when compared to any previous October.
- The second half of 2012 saw a new record in net growth in West Bromwich when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in West Bromwich when compared to any year in history.
A total of 256 companies were formed in West Bromwich in 2012. This total is 6.2% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year West Bromwich UK 2012 256 491,893 2011 241 452,870 2010 229 400,358 2009 214 362,675 2008 203 349,203 Record Year 2012 (256) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in West Bromwich when compared to any previous second half year.
In the second half of 2012 a total of 123 companies were formed in West Bromwich. This figure is 10.8% higher than last year, which compares well to the UK wide figure of 6.5%.
The highest total for a second half year in West Bromwich occurred in 2012 when a total of 123 were formed.
Half Year (Jul-Dec) West Bromwich UK 2012 123 238,743 2011 111 224,135 % change 10.8% 6.5% Record Year 2012 (123) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 59 companies were registered in West Bromwich during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 25.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) West Bromwich UK 2012 59 119,875 2011 47 109,623 % change 25.5% 9.4% Record Year 2010 (66) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 24 22 13 New companies in 2011 13 21 13 % change 84.6% 4.8% 0.0% Record Year 2010 (25) 2010 (25) 2010 (16)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 163 companies were dissolved in West Bromwich in 2012. This total is 4.5% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year West Bromwich UK 2012 163 293,728 2011 156 314,524 2010 168 342,233 2009 219 533,787 2008 95 237,873 Record Year 2009 (219) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 79 companies were dissolved in West Bromwich. This figure is 11.3% higher than last year, which compares badly to the UK wide change of -4.1%.
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 2012 79 145,934 2011 71 152,213 % change 11.3% -4.1% Record Year 2009 (117) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 41 companies were dissolved in West Bromwich during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 0.0% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) West Bromwich UK 2012 41 70,026 2011 41 79,983 % change 0.0% -12.4% Record Year 2009 (50) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 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 2012 22 10 9 Closed companies in 2011 13 12 16 % change 69.2% -16.7% -44% Record Year 2012 (22) 2006 (18) 2009 (19)
Net Company Growth
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Annual Data (2012)
A total of 93 companies were added to the company register for West Bromwich in 2012. This number represents growth of 38.6% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 8 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 2012 93 198,165 2011 85 138,346 2010 61 58,125 2009 -5 -171,112 2008 108 111,330 Record Year 2008 (108) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in net growth in West Bromwich when compared to any previous second half year.
In the second half of 2012 the company register for West Bromwich increased by 44 companies.
Half Year (Jul-Dec) West Bromwich UK 2012 44 92,809 2011 40 71,922 Record Year 2012 (44) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for West Bromwich during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 18 companies.
fourth quarter (Oct 2012 - Dec 2012) West Bromwich UK 2012 18 49,849 2011 6 29,640 Record Year 2010 (36) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 2 12 4 Net growth in 2011 0 9 -3 Record Year 2008 (13) 2010 (19) 2010 (11)
UK Company Share
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Annual Data (2012)
In 2012 West Bromwich formed 0.1% of all UK companies. This is no change on 2011 when West Bromwich was responsible for 0.1% of all UK companies.
Year West Bromwich 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1967 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 West Bromwich formed 0.1% of all UK companies. This is more than the 2011 figure of 0.0%.
Half Year (Jul-Dec) West Bromwich 2012 0.1% 2011 0.0% 2010 0.1% 2009 0.1% 2008 0.0% Record Year (since 1960) 1969 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, West Bromwich formed 0.0% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) West Bromwich 2012 0.0% 2011 0.0% 2010 0.1% 2009 0.1% 2008 0.0% Record Year (since 1960) 1969 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.1% 0.0% UK formation share in 2011 0.0% 0.1% 0.0% % change 55.1% -0.4% -2.6% Record Year 1967 (0.3%) 1962 (0.3%) 1969 (0.4%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 40.2.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 40.9.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 37.9.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in West Bromwich was 1860 when 35.7% of all directors were female.
The percentage of female directors in West Bromwich in 2012 was 17.6%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in West Bromwich was 1860 when 42.9% of all directors were female.
16.0% of all director appointments in West Bromwich in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in West Bromwich was in 1977 when 31.2% of all directors were female.
11.6% of all director appointments in West Bromwich in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSTRUCTION 1.25% CONSULTING 5.15% FOODS 1.25% MANAGEMENT 4.78% SYSTEMS 1.04% CONSULTANCY 3.31% ASSOCIATES 0.84% PROPERTY 2.40% MEDIA 0.84% TRADING 2.03% TRANSPORT 0.84% DESIGN 1.86% J 0.84% ASSOCIATES 1.82% LOGISTICS 0.84% ENGINEERING 1.79% S 0.84% BUSINESS 1.76% SPIRE 0.63% CONSULTANTS 1.75% STORE 0.63% CONSTRUCTION 1.69% ENTERPRISES 0.63% LONDON 1.69% CLOTHING 0.63% MEDIA 1.69% GREEN 0.63% GLOBAL 1.59% COMMUNITY 0.63% J 1.57% VANTAGE 0.63% INVESTMENTS 1.46% ECO 0.63% IT 1.43% TRADING 0.63% CARE 1.39% BEAUTY 0.63% PROPERTIES 1.34% PROPERTY 0.63% M 1.26% M 0.63% BUILDING 1.23% MIDLANDS 0.63% ENTERPRISES 1.21% FOOD 0.63% TRAINING 1.18% RECYCLING 0.63% ELECTRICAL 1.17% CO 0.63% SECURITY 1.17%
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 168 236,139 49410 - Freight transport by road 15 5,165 99999 - Dormant Company 11 40,648 96090 - Other service activities not elsewhere classified 11 22,058 62090 - Other information technology service activities 7 12,291 62020 - Information technology consultancy activities 7 23,256 86900 - Other human health activities 6 7,866 82990 - Other business support service activities not elsewhere classified 6 52,427 46900 - Non-specialised wholesale trade 6 2,604 70100 - Activities of head offices 6 3,878 68320 - Management of real estate on a fee or contract basis 5 4,936 88990 - Other social work activities without accommodation not elsewhere classified 5 2,867 56210 - Event catering activities 5 1,646 56101 - Licensed restaurants 4 6,400 74990 - Non-trading company 4 13,808 93199 - Other sports activities 4 3,154 32990 - Other manufacturing not elsewhere classified 4 2,834 47710 - Retail sale of clothing in specialised stores 4 2,541 43910 - Roofing activities 4 1,058 9305 - Other service activities 4 1,948
Recent Companies
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Randomly selected companies from this quarter
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