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West Midlands

2012 Half Year 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. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 10,976 companies were formed in West Midlands. This figure is 10.1% 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 Midlands occurred in 2006 when a total of 13,249 were formed.

    Half Year (Jan-Jun)West MidlandsUK
    201210,976253,150
    20119,965228,735
    % change10.1%10.7%
    Record Year2006 (13,249)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 5,312 companies were registered in West Midlands during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 8.2% versus the same period last year (Q2 2011). This figure compares equally 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 MidlandsUK
    20125,312121,659
    20114,911112,344
    % change8.2%8.3%
    Record Year 2006 (6,375) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    New Companies by Month
    AprilMayJune
    New companies in 20121,8251,8401,647
    New companies in 20111,4981,7051,708
    % change21.8%7.9%-3.6%
    Record Year2007 (2,349)2006 (2,263)2006 (2,118)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 7,521 companies were dissolved in West Midlands. This figure is 22.8% lower than last year, which compares well to the UK wide change of -8.9%.

    The highest total for a first half year in West Midlands occurred in 2009 when a total of 16,619 were closed.

    Half Year (Jan-Jun)West MidlandsUK
    20127,521147,793
    20119,739162,310
    % change-22.8%-8.9%
    Record Year2009 (16,619)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 4,390 companies were dissolved in West Midlands during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 5.2% versus the same period last year (Q2 2011). This figure compares well 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 MidlandsUK
    20124,39080,217
    20114,63271,324
    % change-5.2%12.5%
    Record Year 2009 (10,865) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20121,5741,5011,315
    Closed companies in 20111,5931,6881,351
    % change-1.2%-11.1%-3%
    Record Year2009 (2,413)2009 (4,755)2009 (3,697)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for West Midlands increased by 3,455 companies.

    Half Year (Jan-Jun)West MidlandsUK
    20123,455105,357
    201122666,425
    Record Year2006 (9,383)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for West Midlands during the second quarter of 2012 (Apr 2012 - Jun 2012) was 922 companies.

    second quarter (Apr 2012 - Jun 2012)West MidlandsUK
    201292241,442
    201127941,020
    Record Year 2006 (4,362) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012251339332
    Net growth in 2011-9517357
    Record Year2007 (1,771)2006 (1,715)2008 (1,348)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 West Midlands formed 4.3% of all UK companies. This is less than the 2011 figure of 4.4%.

    Half Year (Jan-Jun)West Midlands
    20124.3%
    20114.4%
    20104.5%
    20094.7%
    20085.3%
    Record Year (since 1960) 1965 (6.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, West Midlands formed 4.4% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)West Midlands
    20124.4%
    20114.4%
    20104.5%
    20094.6%
    20085.3%
    Record Year (since 1960) 1965 (6.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20124.5%4.2%4.4%
    UK formation share in 20114.3%4.5%4.3%
    % change2.6%-5.4%3.0%
    Record Year1967 (8.6%)2006 (6.5%)1964 (7.1%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 41.5.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 2.7% 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 41.0.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 2.4% 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 Midlands was 1861 when 40.0% of all directors were female.

    21.0% of all director appointments in West Midlands 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 Midlands was in 1866 when 57.1% of all directors were female.

    23.5% of all director appointments in West Midlands 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
    MANAGEMENT2.21%CONSULTING5.07%
    CONSULTING1.84%MANAGEMENT4.74%
    CONSULTANCY1.52%CONSULTANCY3.28%
    TRADING1.22%PROPERTY2.35%
    PROPERTY1.17%TRADING2.10%
    CARE1.15%DESIGN1.89%
    S1.07%ENGINEERING1.87%
    M1.05%ASSOCIATES1.82%
    DESIGN1.03%CONSULTANTS1.78%
    J1.01%CONSTRUCTION1.71%
    BUSINESS0.91%BUSINESS1.70%
    (MIDLANDS)0.83%MEDIA1.69%
    GLOBAL0.82%LONDON1.68%
    MIDLANDS0.80%J1.57%
    MEDIA0.80%GLOBAL1.51%
    BIRMINGHAM0.79%INVESTMENTS1.48%
    CONSTRUCTION0.79%IT1.42%
    TRANSPORT0.79%CARE1.31%
    ASSOCIATES0.77%PROPERTIES1.31%
    SECURITY0.75%M1.26%
    CONSULTANTS0.74%ELECTRICAL1.23%
    PROPERTIES0.72%BUILDING1.23%
    INVESTMENTS0.72%SECURITY1.19%
    CENTRE0.71%S1.18%
    R0.70%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied11,539244,457
    7487 - Other business activities2,38747,029
    82990 - Other business support service activities not elsewhere classified2,06735,447
    99999 - Dormant Company92326,088
    9999 - Dormant Company62816,469
    70229 - Management consultancy activities other than financial management59820,390
    62020 - Information technology consultancy activities57615,280
    96090 - Other service activities not elsewhere classified49314,220
    56103 - Take-away food shops and mobile food stands4243,169
    9305 - Other service activities3457,926
    74990 - Non-trading company3419,706
    74909 - Other professional, scientific and technical activities not elsewhere classified33210,271
    7414 - Business & management consultancy32610,978
    7499 - Non-trading company2878,023
    62090 - Other information technology service activities2828,258
    86900 - Other human health activities2785,222
    7260 - Other computer related activities2626,456
    5227 - Other retail food etc. specialised223897
    49410 - Freight transport by road2182,912
    86210 - General medical practice activities2112,657

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08056166 UK RELATIONS LTD. 03 May 2012
    08063355 ROCKEFELLER SHIPPING COMPANY LTD 10 May 2012
    08067284 J M CAD (UK) LIMITED 14 May 2012
    08067780 GK SEVEN LIMITED 14 May 2012
    08070258 KBSD TRANSPORT LTD 15 May 2012
    08082773 SMART PRICE SOUTH WEST LIMITED 24 May 2012
    08089584 247 M S LTD 30 May 2012
    08090334 AN CHOICE LTD. 31 May 2012
    08064742 ENSCO 378 LIMITED 10 May 2012
    08066617 A4 MTS (UK) LIMITED 11 May 2012
    08081296 H ANGEL LIMITED 24 May 2012
    08081342 W ANGEL LIMITED 24 May 2012
    08081362 M ANGEL LIMITED 24 May 2012
    08085815 SLIM & HEALTH LIMITED 28 May 2012
    08088436 TOYOSPORTS (UK) LIMITED 30 May 2012
    08054025 CONNECT PRICE LIMITED 02 May 2012
    08057023 GLOBALWIDE MEDIA EUROPE LIMITED 03 May 2012
    08057773 BLEMISH DIGITAL LTD 04 May 2012
    08058497 CDDM TECHNOLOGY LIMITED 04 May 2012
    08058892 FULLFIELD FM LTD 04 May 2012
    08060010 WOUNDCARE 4 HEROES 08 May 2012
    08062370 SEVENSITES LTD 09 May 2012
    08062963 ORIENT PLACE MANAGEMENT COMPANY LIMITED 09 May 2012
    08064641 BRENTWOOD TRADING LIMITED 10 May 2012
    08066676 STORE-THREE LTD 11 May 2012