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
New Company Registrations
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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) Wolverhampton UK 2010 326 105,137 2009 330 91,034 % change -1.2% 15.5% Record Year 2007 (352) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 75 114 137 New companies in 2009 104 81 145 % change -27.9% 40.7% -5.5% Record Year 2009 (104) 2007 (118) 2009 (145)
Closed Companies (dissolved)
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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) Wolverhampton UK 2010 316 82,677 2009 284 108,060 % change 11.3% -23.5% Record Year 2010 (316) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 76 116 124 Closed companies in 2009 40 80 164 % change 90.0% 45.0% -24% Record Year 2007 (95) 2010 (116) 2009 (164)
Net Company Growth
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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) Wolverhampton UK 2010 10 22,460 2009 46 -17,026 Record Year 2003 (187) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 -1 -2 13 Net growth in 2009 64 1 -19 Record Year 2009 (64) 2006 (69) 2008 (103)
UK Company Share
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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 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1966 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.4% 0.3% 0.4% % change -33.1% 20.5% -21.5% Record Year 1963 (1.4%) 1966 (1.4%) 1961 (1.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.28% MANAGEMENT 5.01% ROK 1.23% CONSULTING 4.60% INTERNATIONAL 1.01% CONSULTANCY 2.87% CONSULTANCY 0.91% PROPERTY 2.50% CARE 0.91% ASSOCIATES 2.04% CENTRE 0.80% TRADING 1.93% SYSTEMS 0.80% DESIGN 1.91% WOLVERHAMPTON 0.80% CONSTRUCTION 1.87% INSPIREDSPACES 0.75% MEDIA 1.84% S 0.69% BUSINESS 1.74% SECURITY 0.64% INTERNATIONAL 1.73% DESIGN 0.64% CONSULTANTS 1.63% J 0.64% ENGINEERING 1.54% (MIDLANDS) 0.64% J 1.48% R 0.64% LONDON 1.45% COMMUNITY 0.64% INVESTMENTS 1.45% ENGINEERING 0.59% GROUP 1.37% PROPERTY 0.59% GLOBAL 1.35% (WOLVERHAMPTON) 0.59% PROPERTIES 1.35% MEDIA 0.59% BUILDING 1.34% TRAINING 0.53% CARE 1.33% HOMES 0.53% ELECTRICAL 1.30% B 0.53% M 1.28% CONSTRUCTION 0.53% SYSTEMS 1.25% K 0.53% S 1.23%
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 654 228,645 7487 - Other business activities 167 74,904 7499 - Non-trading company 61 15,398 82990 - Other business support service activities not elsewhere classified 50 26,974 9999 - Dormant Company 47 19,948 74990 - Non-trading company 41 8,149 7414 - Business & management consultancy 40 17,003 62020 - Information technology consultancy activities 31 9,943 70229 - Management consultancy activities other than financial management 31 14,007 96090 - Other service activities not elsewhere classified 29 8,154 7260 - Other computer related activities 28 10,331 99999 - Dormant Company 27 13,808 6024 - Freight transport by road 26 3,665 9305 - Other service activities 24 9,038 7222 - Other software consultancy and supply 22 9,659 62090 - Other information technology service activities 21 6,340 4521 - General construction & civil engineering 19 9,325 86900 - Other human health activities 19 3,445 49410 - Freight transport by road 18 2,152 7011 - Development & sell real estate 18 5,300
Recent Companies
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Randomly selected companies from this quarter
reports
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