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West Midlands

Q1 2012 Business Confidence Report

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. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 5,664 companies were registered in West Midlands during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 12.1% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)West MidlandsUK
    20125,664131,491
    20115,054116,391
    % change12.1%13.0%
    Record Year 2006 (6,874) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20121,8071,8142,043
    New companies in 20111,4621,5832,009
    % change23.6%14.6%1.7%
    Record Year2006 (2,122)2006 (2,085)2007 (2,850)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 3,131 companies were dissolved in West Midlands during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 38.7% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)West MidlandsUK
    20123,13167,576
    20115,10790,986
    % change-38.7%-25.7%
    Record Year 2009 (5,754) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20121,1201,098913
    Closed companies in 20112,2101,4521,445
    % change-49.3%-24.4%-37%
    Record Year2011 (2,210)2011 (1,452)2009 (3,567)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for West Midlands during the first quarter of 2012 (Jan 2012 - Mar 2012) was 2,533 companies.

    first quarter (Jan 2012 - Mar 2012)West MidlandsUK
    20122,53363,915
    2011-5325,405
    Record Year 2006 (5,021) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20126877161,130
    Net growth in 2011-748131564
    Record Year2006 (1,375)2006 (1,545)2006 (2,101)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, West Midlands formed 4.3% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)West Midlands
    20124.3%
    20114.3%
    20104.5%
    20094.9%
    20085.3%
    Record Year (since 1960) 2006 (6.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20124.6%4.1%4.3%
    UK formation share in 20114.3%4.2%4.5%
    % change6.0%-2.0%-4.9%
    Record Year1965 (6.9%)1969 (7.4%)1962 (6.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 41.9.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in West Midlands was in 1861 when 40.0% of all directors were female.

    22.6% of all director appointments in West Midlands in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.17%CONSULTING5.07%
    CONSULTING1.67%MANAGEMENT4.74%
    CONSULTANCY1.57%CONSULTANCY3.30%
    PROPERTY1.19%PROPERTY2.37%
    TRADING1.17%TRADING2.07%
    CARE1.09%DESIGN1.93%
    S1.06%ENGINEERING1.86%
    M1.02%ASSOCIATES1.84%
    J0.99%CONSULTANTS1.79%
    DESIGN0.95%BUSINESS1.73%
    CONSTRUCTION0.85%MEDIA1.72%
    (MIDLANDS)0.80%CONSTRUCTION1.72%
    MIDLANDS0.80%LONDON1.66%
    TRANSPORT0.80%J1.54%
    BUSINESS0.79%INVESTMENTS1.51%
    ASSOCIATES0.79%GLOBAL1.50%
    BIRMINGHAM0.79%IT1.40%
    GLOBAL0.78%CARE1.34%
    SECURITY0.77%PROPERTIES1.31%
    PROPERTIES0.75%ELECTRICAL1.27%
    MEDIA0.73%M1.27%
    TRAINING0.73%BUILDING1.24%
    CONSULTANTS0.73%ENERGY1.20%
    R0.72%S1.20%
    COMMUNITY0.71%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied10,172216,665
    7487 - Other business activities2,79652,735
    82990 - Other business support service activities not elsewhere classified2,06035,233
    99999 - Dormant Company93525,084
    9999 - Dormant Company69918,617
    70229 - Management consultancy activities other than financial management58919,704
    62020 - Information technology consultancy activities53814,303
    96090 - Other service activities not elsewhere classified49913,637
    56103 - Take-away food shops and mobile food stands3822,902
    9305 - Other service activities3748,818
    7414 - Business & management consultancy36312,113
    74990 - Non-trading company3489,729
    74909 - Other professional, scientific and technical activities not elsewhere classified3419,892
    7499 - Non-trading company3059,102
    7260 - Other computer related activities2897,154
    86900 - Other human health activities2745,066
    62090 - Other information technology service activities2688,145
    5227 - Other retail food etc. specialised2651,033
    5530 - Restaurants2544,633
    7222 - Other software consultancy and supply2306,934

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07977507 CHINESE STUDENT SERVICE CENTRE LIMITED 06 Mar 2012
    07980868 SIGNIFICANT COLOURS LTD 07 Mar 2012
    07982174 CHESTERFIELD FIREPLACE CENTRE LIMITED 08 Mar 2012
    07990038 E2 LEISURE.COM LIMITED 14 Mar 2012
    08003928 I & A GLOBAL LIMITED 23 Mar 2012
    08010042 ULTIMATE STEEL SOLUTIONS LTD 28 Mar 2012
    08011394 PARKLIFE MARKETING LIMITED 29 Mar 2012
    07978106 H OCEAN LIMITED 06 Mar 2012
    07978167 C OCEAN LIMITED 06 Mar 2012
    07978274 D OCEAN LIMITED 06 Mar 2012
    07978275 B OCEAN LIMITED 06 Mar 2012
    07978405 W OCEAN LIMITED 06 Mar 2012
    07978450 F SPACE LIMITED 06 Mar 2012
    07978509 T OCEAN LIMITED 06 Mar 2012
    07988191 W.L. OCEAN LIMITED 13 Mar 2012
    07994296 AUCTUS MANAGEMENT GROUP LIMITED 16 Mar 2012
    07994697 O SPACE LIMITED 19 Mar 2012
    07995029 U SPACE LIMITED 19 Mar 2012
    07995126 W SPACE LIMITED 19 Mar 2012
    07997694 NING OF YORK LIMITED 20 Mar 2012
    08000189 NUNEATON LIMITED 21 Mar 2012
    08004117 6338 LIMITED 23 Mar 2012
    08008781 EDGEGATE LTD 27 Mar 2012
    07974198 CMS PERIPHERALS LIMITED 02 Mar 2012
    07975943 STOFORD CASTLEGATE LIMITED 05 Mar 2012