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

  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. 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)WolverhamptonUK
    2010661203,749
    2009625182,021
    % change5.8%11.9%
    Record Year2007 (670)2007 (279,097)
    New Companies by Half Year
  2. 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)WolverhamptonUK
    201033598,612
    200929590,987
    % change13.6%8.4%
    Record Year 2010 (335) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 201012192122
    New companies in 20091039399
    % change17.5%-1.1%23.2%
    Record Year2006 (131)2007 (115)2010 (122)

Closed Companies (dissolved)

  1. 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)WolverhamptonUK
    2010669177,631
    2009692289,236
    % change-3.3%-38.6%
    Record Year2009 (692)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)WolverhamptonUK
    201035394,954
    2009408181,176
    % change-13.5%-47.6%
    Record Year 2009 (408) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 201064184105
    Closed companies in 2009106176126
    % change-39.6%4.5%-17%
    Record Year2009 (106)2010 (184)2009 (126)

Net Company Growth

  1. 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)WolverhamptonUK
    2010-826,118
    2009-67-107,215
    Record Year2003 (379)2007 (171,296)
    Net Growth by Half Year
  2. 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)WolverhamptonUK
    2010-183,658
    2009-113-90,189
    Record Year 2003 (192) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201057-9217
    Net growth in 2009-3-83-27
    Record Year2006 (73)2003 (57)2003 (74)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1963 (0.8%)
    Company Share by Half Year
  2. 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
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1965 (0.9%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.4%0.3%0.3%
    UK formation share in 20090.3%0.3%0.3%
    % change8.0%-5.7%10.8%
    Record Year1972 (1.2%)1965 (1.1%)1963 (1.1%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.41%MANAGEMENT5.01%
    ROK1.30%CONSULTING4.79%
    INTERNATIONAL0.99%CONSULTANCY3.02%
    CARE0.88%PROPERTY2.40%
    WOLVERHAMPTON0.88%ASSOCIATES2.02%
    CONSULTANCY0.83%TRADING2.01%
    TRADING0.78%DESIGN1.91%
    SYSTEMS0.78%CONSTRUCTION1.85%
    (MIDLANDS)0.73%MEDIA1.80%
    INSPIREDSPACES0.73%BUSINESS1.75%
    CENTRE0.68%CONSULTANTS1.71%
    MEDIA0.68%INTERNATIONAL1.59%
    ENGINEERING0.62%ENGINEERING1.56%
    R0.62%LONDON1.52%
    DESIGN0.62%INVESTMENTS1.49%
    SECURITY0.62%J1.46%
    J0.57%CARE1.41%
    B0.57%GLOBAL1.39%
    S0.57%PROPERTIES1.35%
    ELECTRICAL0.57%BUILDING1.33%
    INVESTMENTS0.57%M1.29%
    ASSOCIATES0.57%IT1.28%
    HOMES0.52%ELECTRICAL1.27%
    C0.52%GROUP1.25%
    CONSULTING0.52%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied660207,125
    7487 - Other business activities15768,525
    7499 - Non-trading company5913,997
    82990 - Other business support service activities not elsewhere classified5225,942
    9999 - Dormant Company4719,842
    74990 - Non-trading company397,893
    96090 - Other service activities not elsewhere classified327,922
    7414 - Business & management consultancy3014,598
    9305 - Other service activities278,822
    70229 - Management consultancy activities other than financial management2713,490
    62020 - Information technology consultancy activities278,590
    7260 - Other computer related activities269,122
    6024 - Freight transport by road242,960
    99999 - Dormant Company2314,342
    7222 - Other software consultancy and supply238,285
    7011 - Development & sell real estate194,579
    4521 - General construction & civil engineering188,262
    86900 - Other human health activities173,450
    49410 - Freight transport by road161,954
    62090 - Other information technology service activities165,854

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240855 CPR (COVENTRY) LIMITED 30 Apr 2010
    07240127 VRINDA LIMITED 30 Apr 2010
    07237820 BRIDWORTH LTD 28 Apr 2010
    07228858 NORTH RANGE TEXTILES LTD 20 Apr 2010
    07227362 ASIAN CUISINE (HORTON) LTD 19 Apr 2010
    07227289 INDIAN CUISINE (NEWBOLD) LTD 19 Apr 2010
    07217169 AUSTEN LTD 08 Apr 2010
    07216162 LLOR LIMITED 08 Apr 2010
    07211916 WANT CLOTHING LIMITED 06 Apr 2010
    07236591 B & M LANDSCAPERS LTD 27 Apr 2010
    07218545 QUALITY INSPECTION INTERNATIONAL LIMITED 09 Apr 2010
    07211799 PLATINUM ART LIMITED 01 Apr 2010
    07238034 HIGH TECH ALUMINIUM LIMITED 29 Apr 2010
    07229243 FEAR FACTORY EVENTS LIMITED 20 Apr 2010
    07228096 ZAPSTORE LIMITED 20 Apr 2010
    07220019 AVATAR ENTERPRISES LIMITED 12 Apr 2010
    07234950 CAVTECH LIMITED 26 Apr 2010
    07230945 MERLOT ENTERPRIES LTD 21 Apr 2010
    07222455 T C RESOURCE SOLUTIONS LIMITED 13 Apr 2010
    07233306 RILEY COMMERCIAL DISTRIBUTION LTD 23 Apr 2010
    07212727 R L HEATING SERVICES LTD 06 Apr 2010
    07232548 M3BBT LTD 22 Apr 2010
    07213133 B B TYRES LIMITED 06 Apr 2010
    07218809 STEP UP PLUS LIMITED 09 Apr 2010
    07237010 INTERIORSCREED LTD 27 Apr 2010