West Midlands

2012 Annual 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. 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.

    YearWest MidlandsUK
    201221,381491,893
    201119,761452,870
    201017,946400,358
    200916,753362,675
    200818,361349,203
    Record Year2006 (25,355)2012 (491,893)
    New Companies by Year
  2. 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 MidlandsUK
    201210,405238,743
    20119,796224,135
    % change6.2%6.5%
    Record Year2006 (12,106)2012 (238,743)
    New Companies by Half Year
  3. 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 MidlandsUK
    20125,143119,875
    20114,756109,623
    % change8.1%9.4%
    Record Year 2006 (6,053) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20122,0491,7541,340
    New companies in 20111,6621,7741,320
    % change23.3%-1.1%1.5%
    Record Year2006 (2,122)2006 (2,289)2005 (1,674)

Closed Companies (dissolved)

  1. 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.

    YearWest MidlandsUK
    201214,987293,728
    201117,390314,524
    201022,075342,233
    200928,672533,787
    200811,268237,873
    Record Year2009 (28,672)2009 (533,787)
    Dissolved Companies by Year
  2. 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 MidlandsUK
    20127,467145,934
    20117,651152,213
    % change-2.4%-4.1%
    Record Year2009 (12,059)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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 MidlandsUK
    20123,67470,026
    20114,07579,983
    % change-9.8%-12.4%
    Record Year 2009 (5,253) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20121,6921,265717
    Closed companies in 20119791,5431,553
    % change72.8%-18.0%-54%
    Record Year2009 (2,065)2010 (2,274)2009 (1,713)

Net Company Growth

  1. 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.

    YearWest MidlandsUK
    20126,394198,165
    20112,371138,346
    2010-4,12958,125
    2009-11,919-171,112
    20087,093111,330
    Record Year2006 (16,822)2003 (242,541)
    Net Growth by Year
  2. 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 MidlandsUK
    20122,93892,809
    20112,14571,922
    Record Year2006 (7,439)2003 (117,772)
    Net Growth by Half Year
  3. 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 MidlandsUK
    20121,46949,849
    201168129,640
    Record Year 2006 (3,663) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012357489623
    Net growth in 2011683231-233
    Record Year2006 (1,171)2006 (1,364)2006 (1,128)

UK Company Share

  1. 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.

    YearWest Midlands
    20124.3%
    20114.4%
    20104.5%
    20094.6%
    20085.3%
    Record Year (since 1960)2006 (6.3%)
    Company Share by Year
  2. 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
    20124.4%
    20114.4%
    20104.5%
    20094.5%
    20085.2%
    Record Year (since 1960) 2006 (6.4%)
    Company Share by Half Year
  3. 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
    20124.3%
    20114.3%
    20104.5%
    20094.5%
    20085.1%
    Record Year (since 1960) 1975 (6.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20124.4%4.1%4.3%
    UK formation share in 20114.3%4.4%4.3%
    % change3.6%-5.9%-1.2%
    Record Year1975 (7.4%)2006 (6.8%)1965 (6.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.20%CONSULTING5.15%
    CONSULTING1.72%MANAGEMENT4.78%
    CONSULTANCY1.48%CONSULTANCY3.31%
    TRADING1.24%PROPERTY2.40%
    CARE1.19%TRADING2.03%
    PROPERTY1.15%DESIGN1.86%
    DESIGN1.09%ASSOCIATES1.82%
    J1.06%ENGINEERING1.79%
    S1.05%BUSINESS1.76%
    BUSINESS0.97%CONSULTANTS1.75%
    M0.93%CONSTRUCTION1.69%
    MIDLANDS0.89%LONDON1.69%
    GLOBAL0.88%MEDIA1.69%
    ASSOCIATES0.84%GLOBAL1.59%
    CONSTRUCTION0.81%J1.57%
    (MIDLANDS)0.81%INVESTMENTS1.46%
    MEDIA0.81%IT1.43%
    CONSULTANTS0.80%CARE1.39%
    R0.80%PROPERTIES1.34%
    ENGINEERING0.80%M1.26%
    BIRMINGHAM0.79%BUILDING1.23%
    TRANSPORT0.78%ENTERPRISES1.21%
    PROPERTIES0.77%TRAINING1.18%
    CENTRE0.72%ELECTRICAL1.17%
    D0.71%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied11,125236,139
    82990 - Other business support service activities not elsewhere classified2,70252,427
    99999 - Dormant Company1,53040,648
    70229 - Management consultancy activities other than financial management92230,396
    62020 - Information technology consultancy activities87823,256
    96090 - Other service activities not elsewhere classified76122,058
    56103 - Take-away food shops and mobile food stands6945,132
    7487 - Other business activities60910,703
    74909 - Other professional, scientific and technical activities not elsewhere classified52415,572
    74990 - Non-trading company47213,808
    86900 - Other human health activities4317,866
    62090 - Other information technology service activities41412,291
    49410 - Freight transport by road4125,165
    56101 - Licensed restaurants3526,400
    47910 - Retail sale via mail order houses or via Internet3026,307
    86210 - General medical practice activities3003,960
    68209 - Other letting and operating of own or leased real estate2556,971
    41100 - Development of building projects2497,980
    62012 - Business and domestic software development2487,446
    43210 - Electrical installation2475,304

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08284358 ACCURA PCS LTD 07 Nov 2012
    08310002 HUMMINGBIRD MARKETING LIMITED 27 Nov 2012
    OC380567 VOC MCD (NO 2) LLP 28 Nov 2012
    OC380568 VOC MCD (NO 3) LLP 28 Nov 2012
    08311147 ERKINTALO (UK) LIMITED 28 Nov 2012
    08314643 TITANIUM FITNESS LTD 30 Nov 2012
    08276571 KLICKVIEW LIMITED 01 Nov 2012
    08283346 T & B BRO LIMITED 06 Nov 2012
    08290170 C CITY LIMITED 12 Nov 2012
    08290190 H CITY LIMITED 12 Nov 2012
    08290207 J CITY LIMITED 12 Nov 2012
    08290341 W CITY LIMITED 12 Nov 2012
    08290348 K CITY LIMITED 12 Nov 2012
    08290393 T CITY LIMITED 12 Nov 2012
    08290452 Z CITY LIMITED 12 Nov 2012
    08290463 Y CITY LIMITED 12 Nov 2012
    08290866 D CITY LIMITED 12 Nov 2012
    08298031 OKIT IT SOLUTION LIMITED 19 Nov 2012
    08302309 KEWGATE LIMITED 21 Nov 2012
    08302435 A TOWN STATE LIMITED 21 Nov 2012
    08302490 A 108 LIMITED 21 Nov 2012
    08302539 E 108 LIMITED 21 Nov 2012
    08302633 H 108 LIMITED 21 Nov 2012
    08302638 G 108 LIMITED 21 Nov 2012
    08302650 J 108 LIMITED 21 Nov 2012