West Midlands

Q3 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 (Q3 Jul-Sep 2012)

    A total of 5,262 companies were registered in West Midlands during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 4.4% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)West MidlandsUK
    20125,262118,868
    20115,040114,512
    % change4.4%3.8%
    Record Year 2006 (6,053) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    New Companies by Month
    JulyAugustSeptember
    New companies in 20121,7761,6531,833
    New companies in 20111,6331,7291,678
    % change8.8%-4.4%9.2%
    Record Year2007 (2,001)2006 (2,016)2006 (2,046)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 3,711 companies were dissolved in West Midlands during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 3.8% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)West MidlandsUK
    20123,71174,772
    20113,57672,230
    % change3.8%3.5%
    Record Year 2009 (6,807) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20121,2291,2991,183
    Closed companies in 20111,1181,3461,112
    % change9.9%-3.5%6%
    Record Year2009 (1,756)2008 (2,894)2009 (3,475)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for West Midlands during the third quarter of 2012 (Jul 2012 - Sep 2012) was 1,551 companies.

    third quarter (Jul 2012 - Sep 2012)West MidlandsUK
    20121,55144,096
    20111,46442,282
    Record Year 2006 (3,775) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012547354650
    Net growth in 2011515383566
    Record Year2008 (1,364)2006 (1,081)2006 (1,407)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)West Midlands
    20124.4%
    20114.4%
    20104.4%
    20094.5%
    20085.3%
    Record Year (since 1960) 1962 (6.7%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20124.3%4.3%4.7%
    UK formation share in 20114.4%4.5%4.3%
    % change-2.4%-3.6%8.1%
    Record Year1962 (8.0%)1960 (6.8%)1969 (6.8%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 40.8.

    The percentage of directors under the age of 25 was 7.3% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in West Midlands was in 1862 when 50.0% of all directors were female.

    22.6% of all director appointments in West Midlands in the third 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 (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.25%CONSULTING5.06%
    CONSULTING1.87%MANAGEMENT4.77%
    CONSULTANCY1.46%CONSULTANCY3.29%
    CARE1.25%PROPERTY2.36%
    TRADING1.16%TRADING2.08%
    PROPERTY1.15%DESIGN1.87%
    DESIGN1.10%ASSOCIATES1.83%
    J1.09%ENGINEERING1.83%
    S1.07%CONSULTANTS1.76%
    M1.01%BUSINESS1.72%
    BUSINESS0.94%CONSTRUCTION1.70%
    MIDLANDS0.87%MEDIA1.68%
    R0.84%LONDON1.67%
    (MIDLANDS)0.82%J1.55%
    CONSTRUCTION0.81%GLOBAL1.54%
    BIRMINGHAM0.81%INVESTMENTS1.47%
    GLOBAL0.81%IT1.43%
    MEDIA0.81%PROPERTIES1.34%
    ASSOCIATES0.78%CARE1.32%
    ENGINEERING0.77%M1.27%
    CONSULTANTS0.76%BUILDING1.22%
    CENTRE0.76%ENTERPRISES1.21%
    D0.76%ELECTRICAL1.20%
    PROPERTIES0.74%S1.17%
    TRANSPORT0.73%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied10,792228,243
    82990 - Other business support service activities not elsewhere classified2,71150,446
    99999 - Dormant Company1,42537,912
    7487 - Other business activities91216,361
    70229 - Management consultancy activities other than financial management85528,990
    62020 - Information technology consultancy activities83221,969
    96090 - Other service activities not elsewhere classified72720,742
    56103 - Take-away food shops and mobile food stands6474,745
    74909 - Other professional, scientific and technical activities not elsewhere classified50314,809
    74990 - Non-trading company47013,641
    86900 - Other human health activities4097,550
    62090 - Other information technology service activities40011,950
    49410 - Freight transport by road3644,503
    56101 - Licensed restaurants3216,004
    86210 - General medical practice activities3033,845
    47910 - Retail sale via mail order houses or via Internet2795,760
    9999 - Dormant Company2736,793
    68209 - Other letting and operating of own or leased real estate2446,519
    41100 - Development of building projects2387,545
    45200 - Maintenance and repair of motor vehicles2384,070

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08128856 GBS FINANCE LIMITED 03 Jul 2012
    08134216 BS PROPERTIES (OXFORD) LIMITED 09 Jul 2012
    08144231 PRESTIGE ALUMINIUM SYSTEMS UK LTD 16 Jul 2012
    08144378 JSS CONTRACTORS LTD 16 Jul 2012
    08155745 DEEPLOC LIMITED 25 Jul 2012
    08131873 F STANDARD LIMITED 05 Jul 2012
    08131897 B STANDARD LIMITED 05 Jul 2012
    08131937 G STANDARD LIMITED 05 Jul 2012
    08131957 W STANDARD LIMITED 05 Jul 2012
    08131998 V STANDARD LIMITED 05 Jul 2012
    08132000 J STANDARD LIMITED 05 Jul 2012
    08132017 Y STANDARD LIMITED 05 Jul 2012
    08132716 SMARTPHONE HOSPITALITY LIMITED 06 Jul 2012
    08142398 G PALACE LIMITED 13 Jul 2012
    08142494 E PALACE LIMITED 13 Jul 2012
    08142664 W PALACE LIMITED 13 Jul 2012
    08142669 T PALACE LIMITED 13 Jul 2012
    08142691 M PALACE LIMITED 13 Jul 2012
    08142699 N PALACE LIMITED 13 Jul 2012
    08142798 R PALACE LIMITED 13 Jul 2012
    08157384 PORTWAY 4 RUGBY LIMITED 26 Jul 2012
    08158262 D GOLDEN GATE LIMITED 26 Jul 2012
    08158306 F GOLDEN GATE LIMITED 26 Jul 2012
    08158403 L GOLDEN GATE LIMITED 26 Jul 2012
    08158439 R GOLDEN GATE LIMITED 26 Jul 2012