Accrington, Lancashire

2010 Annual Business Confidence Report

Headlines

  • Q4 2010 saw a new record in company closures in Accrington when compared to any previous Q4.
  • October 2010 saw a new record in company closures in Accrington when compared to any previous October.

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)

    A total of 195 companies were formed in Accrington in 2010. This total is 8.9% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearAccringtonUK
    2010195400,358
    2009214362,675
    2008207349,203
    2007193457,649
    2006184405,440
    Record Year2003 (236)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 88 companies were formed in Accrington. This figure is 10.2% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Accrington occurred in 2003 when a total of 121 were formed.

    Half Year (Jul-Dec)AccringtonUK
    201088196,609
    200998180,654
    % change-10.2%8.8%
    Record Year2003 (121)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 31 companies were registered in Accrington during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 18.4% 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)AccringtonUK
    20103195,117
    20093885,983
    % change-18.4%10.6%
    Record Year 2003 (56) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201016114
    New companies in 2009161210
    % change0.0%-8.3%-60.0%
    Record Year2003 (21)2003 (20)2003 (15)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 193 companies were dissolved in Accrington in 2010. This total is 29.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearAccringtonUK
    2010193342,232
    2009272533,773
    200881237,901
    2007103220,295
    200691200,166
    Record Year2009 (272)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 107 companies were dissolved in Accrington. This figure is 8.5% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Accrington occurred in 2009 when a total of 117 were closed.

    Half Year (Jul-Dec)AccringtonUK
    2010107164,601
    2009117244,537
    % change-8.5%-32.7%
    Record Year2009 (117)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Accrington when compared to any previous Q4.

    A total of 51 companies were dissolved in Accrington during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 10.9% versus the same period last year (Q4 2009). This figure compares poorly 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)AccringtonUK
    20105176,896
    20094685,136
    % change10.9%-9.7%
    Record Year 2010 (51) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    October 2010 saw a new record in company closures in Accrington when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201030156
    Closed companies in 2009201511
    % change50.0%0.0%-45%
    Record Year2010 (30)2009 (15)2005 (15)

Net Company Growth

  1. Annual Data (2010)

    A total of 2 companies were added to the company register for Accrington in 2010. This number represents growth of 0.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 60 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Accrington company register grew by 173 companies.

    YearAccringtonUK
    2010258,126
    2009-58-171,098
    2008126111,302
    200790237,354
    200693205,274
    Record Year2003 (173)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Accrington decreased by 19 companies.

    Half Year (Jul-Dec)AccringtonUK
    2010-1932,008
    2009-19-63,883
    Record Year2003 (92)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Accrington during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -20 companies.

    fourth quarter (Oct 2010 - Dec 2010)AccringtonUK
    2010-2018,221
    2009-8847
    Record Year 2003 (49) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-14-4-2
    Net growth in 2009-4-3-1
    Record Year2003 (20)2003 (16)2003 (13)

UK Company Share

  1. Annual Data (2010)

    In 2010 Accrington formed 0.0% of all UK companies. This is a decline on 2009 when Accrington was responsible for 0.1% of all UK companies.

    YearAccrington
    20100.0%
    20090.1%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960)1968 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Accrington formed 0.0% of all UK companies. This is less than the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Accrington
    20100.0%
    20090.1%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1981 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Accrington formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Accrington
    20100.0%
    20090.0%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1981 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.1%0.0%0.0%
    % change-12.3%-18.2%-62.0%
    Record Year1963 (0.4%)1969 (0.2%)1967 (0.3%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 42.4.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.4% 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 43.5.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.0% 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 40.9.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 0.0% 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 Accrington was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Accrington in 2010 was 27.8%. 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 Accrington was 1860 when 42.9% of all directors were female.

    28.9% of all director appointments in Accrington 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 Accrington was in 1977 when 31.1% of all directors were female.

    30.6% of all director appointments in Accrington 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
    BUSINESS1.52%CONSULTING5.06%
    SECURITY1.27%MANAGEMENT5.01%
    DATA1.01%CONSULTANCY3.14%
    CONSTRUCTION1.01%PROPERTY2.36%
    (NW)0.76%TRADING2.11%
    PROPERTY0.76%ASSOCIATES1.95%
    CARE0.76%DESIGN1.92%
    CONTRACTORS0.76%BUSINESS1.82%
    BLINDS0.76%CONSTRUCTION1.82%
    FINANCIAL0.76%CONSULTANTS1.76%
    LANCASHIRE0.76%MEDIA1.71%
    DIRECT0.76%ENGINEERING1.62%
    ACD0.76%LONDON1.60%
    ENGINEERING0.76%CARE1.45%
    INTERNATIONAL0.76%INVESTMENTS1.44%
    ACCRINGTON0.76%GLOBAL1.43%
    HOTEL0.51%J1.42%
    RECOVERY0.51%IT1.41%
    MILL0.51%PROPERTIES1.34%
    HYNDBURN0.51%INTERNATIONAL1.34%
    ABBEY0.51%BUILDING1.34%
    COURIER0.51%M1.30%
    HOLDINGS0.51%ELECTRICAL1.25%
    CLOTHING0.51%SYSTEMS1.24%
    (ACCRINGTON)0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied110199,572
    7487 - Other business activities2963,348
    82990 - Other business support service activities not elsewhere classified2527,550
    99999 - Dormant Company916,285
    9999 - Dormant Company820,144
    4542 - Joinery installation7956
    86900 - Other human health activities63,700
    7499 - Non-trading company612,000
    69201 - Accounting and auditing activities63,088
    4521 - General construction & civil engineering56,598
    9305 - Other service activities58,858
    74990 - Non-trading company58,243
    43210 - Electrical installation52,980
    68100 - Buying and selling of own real estate52,446
    6024 - Freight transport by road42,401
    96090 - Other service activities not elsewhere classified48,799
    7415 - Holding companies including head offices41,851
    7222 - Other software consultancy and supply47,298
    4533 - Plumbing41,526
    5245 - Retail electric h'hold, etc. goods4476

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07455062 JANE WATERFIELD LTD 30 Nov 2010
    07453585 PACE INNOVATIONS LIMITED 29 Nov 2010
    07452298 RUTH TIERNEY LIMITED 26 Nov 2010
    07437944 ES 2000 SECURITY SYSTEMS LTD 12 Nov 2010
    07437631 LANGTEC INTERNATIONAL LIMITED 11 Nov 2010
    07436486 COLART DESIGNS LTD 11 Nov 2010
    07432657 TINY DOT LIMITED 08 Nov 2010
    07428630 DELVE CHIROPRACTIC LTD 03 Nov 2010
    07427183 THE HYNDBURN BRIDGE HOTEL LIMITED 02 Nov 2010
    07426508 ICAN SUPPORT LIMITED 02 Nov 2010
    07425634 BILAL IMPORTERS LIMITED 01 Nov 2010

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