Wolverhampton, West Midlands
2010 Half Year Business Confidence Report
Headlines
- Q2 2010 saw a new record in company registrations in Wolverhampton when compared to any previous Q2.
- June 2010 saw a new record in company registrations in Wolverhampton when compared to any previous June.
- May 2010 saw a new record in company closures in Wolverhampton when compared to any previous May.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 661 companies were formed in Wolverhampton. This figure is 5.8% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Wolverhampton occurred in 2007 when a total of 670 were formed.
Half Year (Jan-Jun) Wolverhampton UK 2010 661 203,749 2009 625 182,021 % change 5.8% 11.9% Record Year 2007 (670) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company registrations in Wolverhampton when compared to any previous Q2.
A total of 335 companies were registered in Wolverhampton during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 13.6% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Wolverhampton UK 2010 335 98,612 2009 295 90,987 % change 13.6% 8.4% Record Year 2010 (335) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Wolverhampton when compared to any previous June.
New Companies by Month
April May June New companies in 2010 121 92 122 New companies in 2009 103 93 99 % change 17.5% -1.1% 23.2% Record Year 2006 (131) 2007 (115) 2010 (122)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 669 companies were dissolved in Wolverhampton. This figure is 3.3% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Wolverhampton occurred in 2009 when a total of 692 were closed.
Half Year (Jan-Jun) Wolverhampton UK 2010 669 177,631 2009 692 289,236 % change -3.3% -38.6% Record Year 2009 (692) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 353 companies were dissolved in Wolverhampton during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 13.5% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Wolverhampton UK 2010 353 94,954 2009 408 181,176 % change -13.5% -47.6% Record Year 2009 (408) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
May 2010 saw a new record in company closures in Wolverhampton when compared to any previous May.
Dissolved Companies by Month
April May June Closed companies in 2010 64 184 105 Closed companies in 2009 106 176 126 % change -39.6% 4.5% -17% Record Year 2009 (106) 2010 (184) 2009 (126)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Wolverhampton decreased by 8 companies.
Half Year (Jan-Jun) Wolverhampton UK 2010 -8 26,118 2009 -67 -107,215 Record Year 2003 (379) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Wolverhampton during the second quarter of 2010 (Apr 2010 - Jun 2010) was -18 companies.
second quarter (Apr 2010 - Jun 2010) Wolverhampton UK 2010 -18 3,658 2009 -113 -90,189 Record Year 2003 (192) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 57 -92 17 Net growth in 2009 -3 -83 -27 Record Year 2006 (73) 2003 (57) 2003 (74)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Wolverhampton formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Wolverhampton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1963 (0.8%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Wolverhampton formed 0.3% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Wolverhampton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1965 (0.9%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.4% 0.3% 0.3% UK formation share in 2009 0.3% 0.3% 0.3% % change 8.0% -5.7% 10.8% Record Year 1972 (1.2%) 1965 (1.1%) 1963 (1.1%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 43.6.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 42.5.
The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Wolverhampton was 1857 when 40.0% of all directors were female.
20.1% of all director appointments in Wolverhampton in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Wolverhampton was in 1866 when 66.7% of all directors were female.
20.1% of all director appointments in Wolverhampton in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.41% MANAGEMENT 5.01% ROK 1.30% CONSULTING 4.79% INTERNATIONAL 0.99% CONSULTANCY 3.02% CARE 0.88% PROPERTY 2.40% WOLVERHAMPTON 0.88% ASSOCIATES 2.02% CONSULTANCY 0.83% TRADING 2.01% TRADING 0.78% DESIGN 1.91% SYSTEMS 0.78% CONSTRUCTION 1.85% (MIDLANDS) 0.73% MEDIA 1.80% INSPIREDSPACES 0.73% BUSINESS 1.75% CENTRE 0.68% CONSULTANTS 1.71% MEDIA 0.68% INTERNATIONAL 1.59% ENGINEERING 0.62% ENGINEERING 1.56% R 0.62% LONDON 1.52% DESIGN 0.62% INVESTMENTS 1.49% SECURITY 0.62% J 1.46% J 0.57% CARE 1.41% B 0.57% GLOBAL 1.39% S 0.57% PROPERTIES 1.35% ELECTRICAL 0.57% BUILDING 1.33% INVESTMENTS 0.57% M 1.29% ASSOCIATES 0.57% IT 1.28% HOMES 0.52% ELECTRICAL 1.27% C 0.52% GROUP 1.25% CONSULTING 0.52% DEVELOPMENTS 1.25%
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 660 207,125 7487 - Other business activities 157 68,525 7499 - Non-trading company 59 13,997 82990 - Other business support service activities not elsewhere classified 52 25,942 9999 - Dormant Company 47 19,842 74990 - Non-trading company 39 7,893 96090 - Other service activities not elsewhere classified 32 7,922 7414 - Business & management consultancy 30 14,598 9305 - Other service activities 27 8,822 70229 - Management consultancy activities other than financial management 27 13,490 62020 - Information technology consultancy activities 27 8,590 7260 - Other computer related activities 26 9,122 6024 - Freight transport by road 24 2,960 99999 - Dormant Company 23 14,342 7222 - Other software consultancy and supply 23 8,285 7011 - Development & sell real estate 19 4,579 4521 - General construction & civil engineering 18 8,262 86900 - Other human health activities 17 3,450 49410 - Freight transport by road 16 1,954 62090 - Other information technology service activities 16 5,854
Recent Companies
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Randomly selected companies from this quarter
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