Wolverhampton, West Midlands

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Wolverhampton when compared to any previous Q1.
  • February 2010 saw a new record in company closures in Wolverhampton when compared to any previous February.

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 2010)

    A total of 326 companies were registered in Wolverhampton during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 1.2% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)WolverhamptonUK
    2010326105,137
    200933091,034
    % change-1.2%15.5%
    Record Year 2007 (352) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201075114137
    New companies in 200910481145
    % change-27.9%40.7%-5.5%
    Record Year2009 (104)2007 (118)2009 (145)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Wolverhampton when compared to any previous Q1.

    A total of 316 companies were dissolved in Wolverhampton during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 11.3% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)WolverhamptonUK
    201031682,677
    2009284108,060
    % change11.3%-23.5%
    Record Year 2010 (316) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Wolverhampton when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201076116124
    Closed companies in 20094080164
    % change90.0%45.0%-24%
    Record Year2007 (95)2010 (116)2009 (164)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Wolverhampton during the first quarter of 2010 (Jan 2010 - Mar 2010) was 10 companies.

    first quarter (Jan 2010 - Mar 2010)WolverhamptonUK
    20101022,460
    200946-17,026
    Record Year 2003 (187) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-1-213
    Net growth in 2009641-19
    Record Year2009 (64)2006 (69)2008 (103)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Wolverhampton formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Wolverhampton
    20100.3%
    20090.4%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1966 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.4%0.3%0.4%
    % change-33.1%20.5%-21.5%
    Record Year1963 (1.4%)1966 (1.4%)1961 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.5.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

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

    20.1% of all director appointments in Wolverhampton in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.28%MANAGEMENT5.01%
    ROK1.23%CONSULTING4.60%
    INTERNATIONAL1.01%CONSULTANCY2.87%
    CONSULTANCY0.91%PROPERTY2.50%
    CARE0.91%ASSOCIATES2.04%
    CENTRE0.80%TRADING1.93%
    SYSTEMS0.80%DESIGN1.91%
    WOLVERHAMPTON0.80%CONSTRUCTION1.87%
    INSPIREDSPACES0.75%MEDIA1.84%
    S0.69%BUSINESS1.74%
    SECURITY0.64%INTERNATIONAL1.73%
    DESIGN0.64%CONSULTANTS1.63%
    J0.64%ENGINEERING1.54%
    (MIDLANDS)0.64%J1.48%
    R0.64%LONDON1.45%
    COMMUNITY0.64%INVESTMENTS1.45%
    ENGINEERING0.59%GROUP1.37%
    PROPERTY0.59%GLOBAL1.35%
    (WOLVERHAMPTON)0.59%PROPERTIES1.35%
    MEDIA0.59%BUILDING1.34%
    TRAINING0.53%CARE1.33%
    HOMES0.53%ELECTRICAL1.30%
    B0.53%M1.28%
    CONSTRUCTION0.53%SYSTEMS1.25%
    K0.53%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied654228,645
    7487 - Other business activities16774,904
    7499 - Non-trading company6115,398
    82990 - Other business support service activities not elsewhere classified5026,974
    9999 - Dormant Company4719,948
    74990 - Non-trading company418,149
    7414 - Business & management consultancy4017,003
    62020 - Information technology consultancy activities319,943
    70229 - Management consultancy activities other than financial management3114,007
    96090 - Other service activities not elsewhere classified298,154
    7260 - Other computer related activities2810,331
    99999 - Dormant Company2713,808
    6024 - Freight transport by road263,665
    9305 - Other service activities249,038
    7222 - Other software consultancy and supply229,659
    62090 - Other information technology service activities216,340
    4521 - General construction & civil engineering199,325
    86900 - Other human health activities193,445
    49410 - Freight transport by road182,152
    7011 - Development & sell real estate185,300

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07171667 NATHAN WARD LIMITED 26 Feb 2010
    07168543 CHERRYVILLE MANAGEMENT CONSULTANCY LIMITED 24 Feb 2010
    07159967 WARSTONES FISHERIES LTD 17 Feb 2010
    07155504 PROSTHO LIMITED 12 Feb 2010
    07155284 INSPIREDSPACES WOLVERHAMPTON (HOLDINGS1) LIMITED 11 Feb 2010
    07153255 AMRON SECURITY SYSTEMS LIMITED 10 Feb 2010
    07148687 DOOR-RITE INSTALLATIONS LTD 06 Feb 2010
    07147605 UNITY TRUCKS LTD 05 Feb 2010
    07147132 LOCKRITE (BIRMINGHAM) LTD 05 Feb 2010
    OC352216 LANCASTER HASKINS 2 LLP 10 Feb 2010
    07163337 REGGAETIVITY 19 Feb 2010
    07162011 EASY PUB MANAGEMENT LIMITED 18 Feb 2010
    07142851 HIGH PITCH STUDIO LIMITED 02 Feb 2010
    07155190 PRINCIPAL HOUSING ASSOCCIATION LTD 11 Feb 2010
    07145348 ARCARE EDGE HALL LIMITED 03 Feb 2010
    07157798 K & B TRADING LIMITED 15 Feb 2010
    07145927 CLEAVER AND CO CONSULTANCY LIMITED 04 Feb 2010
    07170805 ROGER HERRINGTON ASSOCIATES LTD 26 Feb 2010
    07143437 TETTENHALL TOTS DAY NURSERY LIMITED 02 Feb 2010
    07143419 THE VILLAGE HAIR LIMITED 02 Feb 2010
    07143145 AIM 2 BUILD LTD 02 Feb 2010
    07159304 EEDSL LIMITED 16 Feb 2010
    07153714 ROK VENTURES LIMITED 10 Feb 2010
    07155332 MOTORFAYRE LIMITED 11 Feb 2010
    07171523 YOURTEAM LTD 26 Feb 2010