Wolverhampton, West Midlands
Q3 2010 Business Confidence Report
Headlines
- Q3 2010 saw a new record in company registrations in Wolverhampton when compared to any previous Q3.
- August 2010 saw a new record in company registrations in Wolverhampton when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
Q3 2010 saw a new record in company registrations in Wolverhampton when compared to any previous Q3.
A total of 314 companies were registered in Wolverhampton during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 1.0% versus the same period last year (Q3 2009). This figure compares badly to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Wolverhampton UK 2010 314 101,492 2009 311 94,671 % change 1.0% 7.2% Record Year 2010 (314) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
August 2010 saw a new record in company registrations in Wolverhampton when compared to any previous August.
New Companies by Month
July August September New companies in 2010 93 104 117 New companies in 2009 98 89 124 % change -5.1% 16.9% -5.6% Record Year 2003 (125) 2010 (104) 2009 (124)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 348 companies were dissolved in Wolverhampton during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 0.3% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Wolverhampton UK 2010 348 87,705 2009 349 159,401 % change -0.3% -45.0% Record Year 2009 (349) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 69 187 92 Closed companies in 2009 82 95 172 % change -15.9% 96.8% -47% Record Year 2009 (82) 2008 (202) 2009 (172)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Wolverhampton during the third quarter of 2010 (Jul 2010 - Sep 2010) was -34 companies.
third quarter (Jul 2010 - Sep 2010) Wolverhampton UK 2010 -34 13,787 2009 -38 -64,730 Record Year 2003 (153) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 24 -83 25 Net growth in 2009 16 -6 -48 Record Year 2003 (84) 2002 (52) 2006 (44)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Wolverhampton formed 0.3% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Wolverhampton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.2% Record Year (since 1960) 1966 (1.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.3% 0.3% 0.4% % change -11.7% 6.0% -9.5% Record Year 1962 (1.6%) 1966 (1.9%) 1962 (1.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 44.0.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Wolverhampton was in 1862 when 50.0% of all directors were female.
23.4% of all director appointments in Wolverhampton in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.70% MANAGEMENT 5.06% ROK 1.34% CONSULTING 4.99% CONSULTANCY 0.98% CONSULTANCY 3.12% WOLVERHAMPTON 0.93% PROPERTY 2.38% INTERNATIONAL 0.77% TRADING 2.04% (MIDLANDS) 0.77% ASSOCIATES 2.01% CONSTRUCTION 0.77% DESIGN 1.93% TRADING 0.72% CONSTRUCTION 1.86% SECURITY 0.72% BUSINESS 1.80% J 0.67% MEDIA 1.75% S 0.67% CONSULTANTS 1.73% ASSOCIATES 0.67% LONDON 1.59% ENGINEERING 0.67% ENGINEERING 1.59% DESIGN 0.62% INVESTMENTS 1.49% CONSULTING 0.62% CARE 1.44% B 0.62% J 1.44% INVESTMENTS 0.62% INTERNATIONAL 1.43% SYSTEMS 0.62% GLOBAL 1.42% CARE 0.57% IT 1.35% TRANSPORT 0.57% PROPERTIES 1.35% C 0.52% BUILDING 1.32% ELECTRICAL 0.52% ELECTRICAL 1.30% MEDIA 0.52% M 1.28% R 0.52% SYSTEMS 1.26% (WOLVERHAMPTON) 0.46% S 1.24%
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 664 202,902 7487 - Other business activities 180 69,802 7499 - Non-trading company 58 13,408 9999 - Dormant Company 55 21,484 82990 - Other business support service activities not elsewhere classified 50 25,053 74990 - Non-trading company 39 7,649 9305 - Other service activities 34 9,454 96090 - Other service activities not elsewhere classified 28 7,767 7414 - Business & management consultancy 26 14,940 70229 - Management consultancy activities other than financial management 26 13,161 7260 - Other computer related activities 25 8,967 62020 - Information technology consultancy activities 25 8,292 7222 - Other software consultancy and supply 24 8,183 6024 - Freight transport by road 22 2,771 99999 - Dormant Company 21 14,072 4521 - General construction & civil engineering 18 7,634 7011 - Development & sell real estate 17 3,743 86900 - Other human health activities 16 3,361 62090 - Other information technology service activities 16 5,716 68209 - Other letting and operating of own or leased real estate 15 3,631
Recent Companies
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Randomly selected companies from this quarter
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