West Midlands
2012 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2012)
A total of 21,381 companies were formed in West Midlands in 2012. This total is 8.2% 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 Midlands UK 2012 21,381 491,893 2011 19,761 452,870 2010 17,946 400,358 2009 16,753 362,675 2008 18,361 349,203 Record Year 2006 (25,355) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 10,405 companies were formed in West Midlands. This figure is 6.2% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in West Midlands occurred in 2006 when a total of 12,106 were formed.
Half Year (Jul-Dec) West Midlands UK 2012 10,405 238,743 2011 9,796 224,135 % change 6.2% 6.5% Record Year 2006 (12,106) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 5,143 companies were registered in West Midlands during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 8.1% versus the same period last year (Q4 2011). This figure compares equally 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 Midlands UK 2012 5,143 119,875 2011 4,756 109,623 % change 8.1% 9.4% Record Year 2006 (6,053) 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 2,049 1,754 1,340 New companies in 2011 1,662 1,774 1,320 % change 23.3% -1.1% 1.5% Record Year 2006 (2,122) 2006 (2,289) 2005 (1,674)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 14,987 companies were dissolved in West Midlands in 2012. This total is 13.8% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year West Midlands UK 2012 14,987 293,728 2011 17,390 314,524 2010 22,075 342,233 2009 28,672 533,787 2008 11,268 237,873 Record Year 2009 (28,672) 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 7,467 companies were dissolved in West Midlands. This figure is 2.4% lower than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in West Midlands occurred in 2009 when a total of 12,059 were closed.
Half Year (Jul-Dec) West Midlands UK 2012 7,467 145,934 2011 7,651 152,213 % change -2.4% -4.1% Record Year 2009 (12,059) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 3,674 companies were dissolved in West Midlands during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 9.8% 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 Midlands UK 2012 3,674 70,026 2011 4,075 79,983 % change -9.8% -12.4% Record Year 2009 (5,253) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 1,692 1,265 717 Closed companies in 2011 979 1,543 1,553 % change 72.8% -18.0% -54% Record Year 2009 (2,065) 2010 (2,274) 2009 (1,713)
Net Company Growth
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Annual Data (2012)
A total of 6,394 companies were added to the company register for West Midlands in 2012. This number represents growth of 32.4% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 4,023 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the West Midlands company register grew by 16,822 companies.
Year West Midlands UK 2012 6,394 198,165 2011 2,371 138,346 2010 -4,129 58,125 2009 -11,919 -171,112 2008 7,093 111,330 Record Year 2006 (16,822) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for West Midlands increased by 2,938 companies.
Half Year (Jul-Dec) West Midlands UK 2012 2,938 92,809 2011 2,145 71,922 Record Year 2006 (7,439) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for West Midlands during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 1,469 companies.
fourth quarter (Oct 2012 - Dec 2012) West Midlands UK 2012 1,469 49,849 2011 681 29,640 Record Year 2006 (3,663) 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 357 489 623 Net growth in 2011 683 231 -233 Record Year 2006 (1,171) 2006 (1,364) 2006 (1,128)
UK Company Share
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Annual Data (2012)
In 2012 West Midlands formed 4.3% of all UK companies. This is a decline on 2011 when West Midlands was responsible for 4.4% of all UK companies.
Year West Midlands 2012 4.3% 2011 4.4% 2010 4.5% 2009 4.6% 2008 5.3% Record Year (since 1960) 2006 (6.3%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 West Midlands formed 4.4% of all UK companies. This is the same as the 2011 figure of 4.4%.
Half Year (Jul-Dec) West Midlands 2012 4.4% 2011 4.4% 2010 4.5% 2009 4.5% 2008 5.2% Record Year (since 1960) 2006 (6.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, West Midlands formed 4.3% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) West Midlands 2012 4.3% 2011 4.3% 2010 4.5% 2009 4.5% 2008 5.1% Record Year (since 1960) 1975 (6.4%) 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 4.4% 4.1% 4.3% UK formation share in 2011 4.3% 4.4% 4.3% % change 3.6% -5.9% -1.2% Record Year 1975 (7.4%) 2006 (6.8%) 1965 (6.9%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 42.1.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.6% 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 41.7.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.6% 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 41.5.
The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.7% 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 Midlands was 1860 when 35.7% of all directors were female.
The percentage of female directors in West Midlands in 2012 was 27.3%. 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 Midlands was 1860 when 42.9% of all directors were female.
22.3% of all director appointments in West Midlands 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 Midlands was in 1977 when 31.2% of all directors were female.
21.6% of all director appointments in West Midlands 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 MANAGEMENT 2.20% CONSULTING 5.15% CONSULTING 1.72% MANAGEMENT 4.78% CONSULTANCY 1.48% CONSULTANCY 3.31% TRADING 1.24% PROPERTY 2.40% CARE 1.19% TRADING 2.03% PROPERTY 1.15% DESIGN 1.86% DESIGN 1.09% ASSOCIATES 1.82% J 1.06% ENGINEERING 1.79% S 1.05% BUSINESS 1.76% BUSINESS 0.97% CONSULTANTS 1.75% M 0.93% CONSTRUCTION 1.69% MIDLANDS 0.89% LONDON 1.69% GLOBAL 0.88% MEDIA 1.69% ASSOCIATES 0.84% GLOBAL 1.59% CONSTRUCTION 0.81% J 1.57% (MIDLANDS) 0.81% INVESTMENTS 1.46% MEDIA 0.81% IT 1.43% CONSULTANTS 0.80% CARE 1.39% R 0.80% PROPERTIES 1.34% ENGINEERING 0.80% M 1.26% BIRMINGHAM 0.79% BUILDING 1.23% TRANSPORT 0.78% ENTERPRISES 1.21% PROPERTIES 0.77% TRAINING 1.18% CENTRE 0.72% ELECTRICAL 1.17% D 0.71% 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 11,125 236,139 82990 - Other business support service activities not elsewhere classified 2,702 52,427 99999 - Dormant Company 1,530 40,648 70229 - Management consultancy activities other than financial management 922 30,396 62020 - Information technology consultancy activities 878 23,256 96090 - Other service activities not elsewhere classified 761 22,058 56103 - Take-away food shops and mobile food stands 694 5,132 7487 - Other business activities 609 10,703 74909 - Other professional, scientific and technical activities not elsewhere classified 524 15,572 74990 - Non-trading company 472 13,808 86900 - Other human health activities 431 7,866 62090 - Other information technology service activities 414 12,291 49410 - Freight transport by road 412 5,165 56101 - Licensed restaurants 352 6,400 47910 - Retail sale via mail order houses or via Internet 302 6,307 86210 - General medical practice activities 300 3,960 68209 - Other letting and operating of own or leased real estate 255 6,971 41100 - Development of building projects 249 7,980 62012 - Business and domestic software development 248 7,446 43210 - Electrical installation 247 5,304
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08287960 THE KEYS (GB) LIMITED 09 Nov 2012 08291202 EKAS PROPERTIES LIMITED 13 Nov 2012 08307885 IN4INTERNATIONAL LIMITED 26 Nov 2012 OC380568 VOC MCD (NO 3) LLP 28 Nov 2012 08314643 TITANIUM FITNESS LTD 30 Nov 2012 08315053 BLUE APPLE PROPERTY LIMITED 30 Nov 2012 08276571 KLICKVIEW LIMITED 01 Nov 2012 08277249 WICKHAMP LTD 01 Nov 2012 08279136 DEVONWAY LTD 02 Nov 2012 08290216 B CITY LIMITED 12 Nov 2012 08290330 G CITY LIMITED 12 Nov 2012 08290366 O CITY LIMITED 12 Nov 2012 08290378 R CITY LIMITED 12 Nov 2012 08290452 Z CITY LIMITED 12 Nov 2012 08291526 BIRKENHALL LIMITED 13 Nov 2012 08302410 B 108 LIMITED 21 Nov 2012 08302462 BISHOPRISE LIMITED 21 Nov 2012 08302464 D 108 LIMITED 21 Nov 2012 08302539 E 108 LIMITED 21 Nov 2012 08302638 G 108 LIMITED 21 Nov 2012 08302650 J 108 LIMITED 21 Nov 2012 08302662 K 108 LIMITED 21 Nov 2012 08302666 F 108 LIMITED 21 Nov 2012 08302759 P 108 LIMITED 21 Nov 2012 08302800 W 108 LIMITED 21 Nov 2012
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