Wolverhampton, West Midlands

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Wolverhampton when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Wolverhampton when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Wolverhampton when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Wolverhampton when compared to any previous November.

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. Annual Data (2010)

    2010 was a record year for company registrations in Wolverhampton when compared to any year in history.

    A total of 1,287 companies were formed in Wolverhampton in 2010. This total is 3.2% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWolverhamptonUK
    20101,287400,358
    20091,247362,675
    20081,087349,203
    20071,193457,649
    20061,091405,440
    Record Year2010 (1,287)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Wolverhampton when compared to any previous second half year.

    In the second half of 2010 a total of 626 companies were formed in Wolverhampton. This figure is 0.6% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Wolverhampton occurred in 2010 when a total of 626 were formed.

    Half Year (Jul-Dec)WolverhamptonUK
    2010626196,609
    2009622180,654
    % change0.6%8.8%
    Record Year2010 (626)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Wolverhampton when compared to any previous Q4.

    A total of 312 companies were registered in Wolverhampton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 0.3% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)WolverhamptonUK
    201031295,117
    200931185,983
    % change0.3%10.6%
    Record Year 2010 (312) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Wolverhampton when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201010212387
    New companies in 20099711698
    % change5.2%6.0%-11.2%
    Record Year2003 (113)2010 (123)2009 (98)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 1,279 companies were dissolved in Wolverhampton in 2010. This total is 5.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWolverhamptonUK
    20101,279342,232
    20091,355533,773
    2008651237,901
    2007707220,295
    2006605200,166
    Record Year2009 (1,355)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 610 companies were dissolved in Wolverhampton. This figure is 8.0% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Wolverhampton occurred in 2009 when a total of 663 were closed.

    Half Year (Jul-Dec)WolverhamptonUK
    2010610164,601
    2009663244,537
    % change-8.0%-32.7%
    Record Year2009 (663)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 262 companies were dissolved in Wolverhampton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 16.6% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)WolverhamptonUK
    201026276,896
    200931485,136
    % change-16.6%-9.7%
    Record Year 2009 (314) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20107011379
    Closed companies in 20099187136
    % change-23.1%29.9%-42%
    Record Year2009 (91)2003 (143)2009 (136)

Net Company Growth

  1. Annual Data (2010)

    A total of 8 companies were added to the company register for Wolverhampton in 2010. This number represents growth of 0.6% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 116 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Wolverhampton company register grew by 614 companies.

    YearWolverhamptonUK
    2010858,126
    2009-108-171,098
    2008436111,302
    2007486237,354
    2006486205,274
    Record Year2003 (614)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Wolverhampton increased by 16 companies.

    Half Year (Jul-Dec)WolverhamptonUK
    20101632,008
    2009-41-63,883
    Record Year2004 (252)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Wolverhampton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 50 companies.

    fourth quarter (Oct 2010 - Dec 2010)WolverhamptonUK
    20105018,221
    2009-3847
    Record Year 2004 (131) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201032108
    Net growth in 2009629-38
    Record Year2003 (88)2008 (60)2002 (46)

UK Company Share

  1. Annual Data (2010)

    In 2010 Wolverhampton formed 0.3% of all UK companies. This is no change on 2009 when Wolverhampton was responsible for 0.3% of all UK companies.

    YearWolverhampton
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960)1963 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Wolverhampton formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.

    Half Year (Jul-Dec)Wolverhampton
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1963 (0.9%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Wolverhampton
    20100.3%
    20090.4%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1963 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.3%0.4%0.3%
    UK formation share in 20090.3%0.4%0.4%
    % change-7.9%-5.2%-15.5%
    Record Year1974 (1.0%)1970 (1.4%)1971 (1.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.6.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.7.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.4.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Wolverhampton was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Wolverhampton in 2010 was 23.0%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Wolverhampton was 1860 when 42.9% of all directors were female.

    21.7% of all director appointments in Wolverhampton in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Wolverhampton was in 1977 when 31.1% of all directors were female.

    20.0% of all director appointments in Wolverhampton in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.12%CONSULTING5.06%
    ROK1.19%MANAGEMENT5.01%
    CONSULTANCY1.14%CONSULTANCY3.14%
    WOLVERHAMPTON0.98%PROPERTY2.36%
    J0.83%TRADING2.11%
    CONSTRUCTION0.83%ASSOCIATES1.95%
    TRADING0.83%DESIGN1.92%
    CARE0.83%BUSINESS1.82%
    SECURITY0.77%CONSTRUCTION1.82%
    ASSOCIATES0.77%CONSULTANTS1.76%
    B0.72%MEDIA1.71%
    (MIDLANDS)0.72%ENGINEERING1.62%
    INTERNATIONAL0.67%LONDON1.60%
    CONSULTING0.67%CARE1.45%
    HOMES0.62%INVESTMENTS1.44%
    S0.62%GLOBAL1.43%
    R0.62%J1.42%
    BUILDING0.57%IT1.41%
    PROPERTY0.57%PROPERTIES1.34%
    LOGISTICS0.52%INTERNATIONAL1.34%
    TRANSPORT0.52%BUILDING1.34%
    DEVELOPMENTS0.46%M1.30%
    ENTERPRISES0.46%ELECTRICAL1.25%
    ENTERPRISE0.46%SYSTEMS1.24%
    MEDIA0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied686199,572
    7487 - Other business activities16963,348
    9999 - Dormant Company5320,144
    82990 - Other business support service activities not elsewhere classified5227,550
    74990 - Non-trading company498,243
    7499 - Non-trading company4912,000
    70229 - Management consultancy activities other than financial management3014,505
    96090 - Other service activities not elsewhere classified298,799
    9305 - Other service activities288,858
    99999 - Dormant Company2716,285
    62020 - Information technology consultancy activities269,177
    7260 - Other computer related activities268,089
    7222 - Other software consultancy and supply247,298
    7414 - Business & management consultancy2313,474
    86900 - Other human health activities223,700
    6024 - Freight transport by road212,401
    62090 - Other information technology service activities186,330
    74909 - Other professional, scientific and technical activities not elsewhere classified187,088
    70100 - Activities of head offices172,862
    7011 - Development & sell real estate142,949

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07452573 COLMORE ASSETS LTD 26 Nov 2010
    07450590 KAMRUP MANAGEMENT LIMITED 25 Nov 2010
    07445172 T.D. WHOLESALERS LTD 19 Nov 2010
    07444198 VIRTUALPIE AUTOMOTIVE LIMITED 18 Nov 2010
    07444197 VIRTUALPIE AEROSPACE & DEFENCE LIMITED 18 Nov 2010
    07434560 BARNARD TRADING LIMITED 09 Nov 2010
    07450445 1ST STEPS NURSERY LIMITED 24 Nov 2010
    07441119 WV1 LIMITED 16 Nov 2010
    07426340 HAWKEYE CLEANING SERVICES LIMITED 02 Nov 2010
    07434664 WULFRUN CONSULTING LTD 09 Nov 2010
    07433813 IMMACULATE CLEANING SPECIALISTS LTD 09 Nov 2010
    07432686 JMS INNOVATION PRODUCTS LIMITED 08 Nov 2010
    07431955 SPARTAN SECURITY LIMITED 08 Nov 2010
    07425544 SALON 27 LTD 01 Nov 2010
    07437171 TABERNACLE BAPTIST CHURCH WOLVERHAMPTON 11 Nov 2010
    07435025 DC&D LIMITED 10 Nov 2010
    07448576 R JONES MGT LIMITED 23 Nov 2010
    07444624 TRUCKRENT SOLUTIONS LIMITED 18 Nov 2010
    07440586 DEVONIAN COTTAGES LIMITED 16 Nov 2010
    07440567 JDR MUSIC LIMITED 16 Nov 2010
    07426446 ROK COSMETICS LIMITED 02 Nov 2010
    07453778 RJP PROJECTS LTD 29 Nov 2010
    07446781 V23 LIMITED 22 Nov 2010
    07452070 SCHOOLFACE LIMITED 26 Nov 2010
    07447343 LADIES OF PROGRESS 22 Nov 2010