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
New Company Registrations
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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.
Year Wolverhampton UK 2010 1,287 400,358 2009 1,247 362,675 2008 1,087 349,203 2007 1,193 457,649 2006 1,091 405,440 Record Year 2010 (1,287) 2007 (457,649) New Companies by Year
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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) Wolverhampton UK 2010 626 196,609 2009 622 180,654 % change 0.6% 8.8% Record Year 2010 (626) 2003 (201,446) New Companies by Half Year
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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) Wolverhampton UK 2010 312 95,117 2009 311 85,983 % change 0.3% 10.6% Record Year 2010 (312) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 102 123 87 New companies in 2009 97 116 98 % change 5.2% 6.0% -11.2% Record Year 2003 (113) 2010 (123) 2009 (98)
Closed Companies (dissolved)
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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.
Year Wolverhampton UK 2010 1,279 342,232 2009 1,355 533,773 2008 651 237,901 2007 707 220,295 2006 605 200,166 Record Year 2009 (1,355) 2009 (533,773) Dissolved Companies by Year
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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) Wolverhampton UK 2010 610 164,601 2009 663 244,537 % change -8.0% -32.7% Record Year 2009 (663) 2009 (244,537) Dissolved Companies by Half Year
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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) Wolverhampton UK 2010 262 76,896 2009 314 85,136 % change -16.6% -9.7% Record Year 2009 (314) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 70 113 79 Closed companies in 2009 91 87 136 % change -23.1% 29.9% -42% Record Year 2009 (91) 2003 (143) 2009 (136)
Net Company Growth
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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.
Year Wolverhampton UK 2010 8 58,126 2009 -108 -171,098 2008 436 111,302 2007 486 237,354 2006 486 205,274 Record Year 2003 (614) 2003 (242,543) Net Growth by Year
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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) Wolverhampton UK 2010 16 32,008 2009 -41 -63,883 Record Year 2004 (252) 2003 (117,772) Net Growth by Half Year
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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) Wolverhampton UK 2010 50 18,221 2009 -3 847 Record Year 2004 (131) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 32 10 8 Net growth in 2009 6 29 -38 Record Year 2003 (88) 2008 (60) 2002 (46)
UK Company Share
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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.
Year Wolverhampton 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1963 (0.8%) Company Share by Year
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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 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1963 (0.9%) Company Share by Half Year
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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 2010 0.3% 2009 0.4% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1963 (1.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.4% 0.3% UK formation share in 2009 0.3% 0.4% 0.4% % change -7.9% -5.2% -15.5% Record Year 1974 (1.0%) 1970 (1.4%) 1971 (1.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.12% CONSULTING 5.06% ROK 1.19% MANAGEMENT 5.01% CONSULTANCY 1.14% CONSULTANCY 3.14% WOLVERHAMPTON 0.98% PROPERTY 2.36% J 0.83% TRADING 2.11% CONSTRUCTION 0.83% ASSOCIATES 1.95% TRADING 0.83% DESIGN 1.92% CARE 0.83% BUSINESS 1.82% SECURITY 0.77% CONSTRUCTION 1.82% ASSOCIATES 0.77% CONSULTANTS 1.76% B 0.72% MEDIA 1.71% (MIDLANDS) 0.72% ENGINEERING 1.62% INTERNATIONAL 0.67% LONDON 1.60% CONSULTING 0.67% CARE 1.45% HOMES 0.62% INVESTMENTS 1.44% S 0.62% GLOBAL 1.43% R 0.62% J 1.42% BUILDING 0.57% IT 1.41% PROPERTY 0.57% PROPERTIES 1.34% LOGISTICS 0.52% INTERNATIONAL 1.34% TRANSPORT 0.52% BUILDING 1.34% DEVELOPMENTS 0.46% M 1.30% ENTERPRISES 0.46% ELECTRICAL 1.25% ENTERPRISE 0.46% SYSTEMS 1.24% MEDIA 0.46% 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 686 199,572 7487 - Other business activities 169 63,348 9999 - Dormant Company 53 20,144 82990 - Other business support service activities not elsewhere classified 52 27,550 74990 - Non-trading company 49 8,243 7499 - Non-trading company 49 12,000 70229 - Management consultancy activities other than financial management 30 14,505 96090 - Other service activities not elsewhere classified 29 8,799 9305 - Other service activities 28 8,858 99999 - Dormant Company 27 16,285 62020 - Information technology consultancy activities 26 9,177 7260 - Other computer related activities 26 8,089 7222 - Other software consultancy and supply 24 7,298 7414 - Business & management consultancy 23 13,474 86900 - Other human health activities 22 3,700 6024 - Freight transport by road 21 2,401 62090 - Other information technology service activities 18 6,330 74909 - Other professional, scientific and technical activities not elsewhere classified 18 7,088 70100 - Activities of head offices 17 2,862 7011 - Development & sell real estate 14 2,949
Recent Companies
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Randomly selected companies from this quarter
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