Wolverhampton, West Midlands
2012 Annual Business Confidence Report
Headlines
- October 2012 saw a new record in company closures in Wolverhampton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
A total of 1,328 companies were formed in Wolverhampton in 2012. This total is 5.0% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Wolverhampton UK 2012 1,328 491,893 2011 1,398 452,870 2010 1,287 400,358 2009 1,247 362,675 2008 1,087 349,203 Record Year 2011 (1,398) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 664 companies were formed in Wolverhampton. This figure is 3.3% lower than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Wolverhampton occurred in 2011 when a total of 687 were formed.
Half Year (Jul-Dec) Wolverhampton UK 2012 664 238,743 2011 687 224,135 % change -3.3% 6.5% Record Year 2011 (687) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 280 companies were registered in Wolverhampton during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 19.3% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Wolverhampton UK 2012 280 119,875 2011 347 109,623 % change -19.3% 9.4% Record Year 2011 (347) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 108 96 76 New companies in 2011 105 121 121 % change 2.9% -20.7% -37.2% Record Year 2003 (113) 2010 (123) 2011 (121)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 887 companies were dissolved in Wolverhampton in 2012. This total is 5.6% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Wolverhampton UK 2012 887 293,728 2011 940 314,524 2010 1,279 342,233 2009 1,355 533,787 2008 650 237,873 Record Year 2009 (1,355) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 449 companies were dissolved in Wolverhampton. This figure is 7.2% lower than last year, which compares well to the UK wide change of -4.1%.
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 2012 449 145,934 2011 484 152,213 % change -7.2% -4.1% Record Year 2009 (663) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 219 companies were dissolved in Wolverhampton during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 15.1% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Wolverhampton UK 2012 219 70,026 2011 258 79,983 % change -15.1% -12.4% Record Year 2009 (314) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Wolverhampton when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 101 83 35 Closed companies in 2011 49 112 97 % change 106.1% -25.9% -64% Record Year 2012 (101) 2003 (143) 2009 (136)
Net Company Growth
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Annual Data (2012)
A total of 441 companies were added to the company register for Wolverhampton in 2012. This number represents growth of 31.5% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 17 companies lower 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 613 companies.
Year Wolverhampton UK 2012 441 198,165 2011 458 138,346 2010 8 58,125 2009 -108 -171,112 2008 437 111,330 Record Year 2003 (613) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Wolverhampton increased by 215 companies.
Half Year (Jul-Dec) Wolverhampton UK 2012 215 92,809 2011 203 71,922 Record Year 2004 (252) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Wolverhampton during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 61 companies.
fourth quarter (Oct 2012 - Dec 2012) Wolverhampton UK 2012 61 49,849 2011 89 29,640 Record Year 2004 (131) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 7 13 41 Net growth in 2011 56 9 24 Record Year 2003 (88) 2008 (60) 2002 (46)
UK Company Share
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Annual Data (2012)
In 2012 Wolverhampton formed 0.3% of all UK companies. This is no change on 2011 when Wolverhampton was responsible for 0.3% of all UK companies.
Year Wolverhampton 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1963 (0.8%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Wolverhampton formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.
Half Year (Jul-Dec) Wolverhampton 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1963 (0.9%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Wolverhampton formed 0.2% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Wolverhampton 2012 0.2% 2011 0.3% 2010 0.3% 2009 0.4% 2008 0.3% Record Year (since 1960) 1963 (1.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.2% 0.2% 0.2% UK formation share in 2011 0.3% 0.3% 0.4% % change -13.6% -24.5% -38.9% Record Year 1974 (1.0%) 1970 (1.4%) 1971 (1.2%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 43.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 42.2.
The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 42.2.
The percentage of directors under the age of 25 was 7.8% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Wolverhampton was 1860 when 35.7% of all directors were female.
The percentage of female directors in Wolverhampton in 2012 was 26.4%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Wolverhampton was 1860 when 42.9% of all directors were female.
21.0% of all director appointments in Wolverhampton in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Wolverhampton was in 1977 when 31.2% of all directors were female.
20.2% of all director appointments in Wolverhampton in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DENIM 1.14% CONSULTING 5.15% MANAGEMENT 0.94% MANAGEMENT 4.78% ROK 0.90% CONSULTANCY 3.31% MIDLANDS 0.80% PROPERTY 2.40% WOLVERHAMPTON 0.80% TRADING 2.03% CARE 0.75% DESIGN 1.86% PROPERTIES 0.70% ASSOCIATES 1.82% CONSULTANCY 0.70% ENGINEERING 1.79% S 0.65% BUSINESS 1.76% CENTRE 0.65% CONSULTANTS 1.75% ASSOCIATES 0.60% CONSTRUCTION 1.69% J 0.60% LONDON 1.69% TRADING 0.55% MEDIA 1.69% ELECTRICAL 0.55% GLOBAL 1.59% PROPERTY 0.55% J 1.57% CONSULTING 0.55% INVESTMENTS 1.46% TRANSPORT 0.55% IT 1.43% MEDIA 0.50% CARE 1.39% HOMES 0.50% PROPERTIES 1.34% DESIGN 0.45% M 1.26% MEDICAL 0.45% BUILDING 1.23% BUSINESS 0.45% ENTERPRISES 1.21% HOME 0.45% TRAINING 1.18% TRAINING 0.45% ELECTRICAL 1.17% IT 0.45% SECURITY 1.17%
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 786 236,139 99999 - Dormant Company 114 40,648 82990 - Other business support service activities not elsewhere classified 101 52,427 74990 - Non-trading company 73 13,808 96090 - Other service activities not elsewhere classified 62 22,058 70229 - Management consultancy activities other than financial management 62 30,396 62020 - Information technology consultancy activities 62 23,256 74909 - Other professional, scientific and technical activities not elsewhere classified 36 15,572 86900 - Other human health activities 34 7,866 47910 - Retail sale via mail order houses or via Internet 33 6,307 62090 - Other information technology service activities 32 12,291 7487 - Other business activities 31 10,703 62012 - Business and domestic software development 27 7,446 41100 - Development of building projects 25 7,980 49410 - Freight transport by road 24 5,165 68209 - Other letting and operating of own or leased real estate 23 6,971 43999 - Other specialised construction activities not elsewhere classified 23 6,419 45200 - Maintenance and repair of motor vehicles 22 4,290 43210 - Electrical installation 21 5,304 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 18 2,758
Recent Companies
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Randomly selected companies from this quarter
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