Greater Manchester

Q3 2012 Business Confidence Report

Headlines

  • Q3 2012 saw a new record in company registrations in Greater Manchester when compared to any previous Q3.
  • July 2012 saw a new record in company registrations in Greater Manchester when compared to any previous July.
  • July 2012 saw a new record in company closures in Greater Manchester when compared to any previous July.

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. Quarterly Data (Q3 Jul-Sep 2012)

    Q3 2012 saw a new record in company registrations in Greater Manchester when compared to any previous Q3.

    A total of 5,430 companies were registered in Greater Manchester during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 1.6% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)Greater ManchesterUK
    20125,430118,868
    20115,345114,512
    % change1.6%3.8%
    Record Year 2012 (5,430) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    July 2012 saw a new record in company registrations in Greater Manchester when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 20121,9421,6781,810
    New companies in 20111,7911,7041,850
    % change8.4%-1.5%-2.2%
    Record Year2012 (1,942)2011 (1,704)2011 (1,850)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 3,803 companies were dissolved in Greater Manchester during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 0.2% versus the same period last year (Q3 2011). This figure compares well to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)Greater ManchesterUK
    20123,80374,772
    20113,79572,230
    % change0.2%3.5%
    Record Year 2009 (5,880) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    July 2012 saw a new record in company closures in Greater Manchester when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20121,3481,4441,011
    Closed companies in 20111,2891,3051,201
    % change4.6%10.7%-16%
    Record Year2012 (1,348)2008 (2,197)2009 (2,896)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Greater Manchester during the third quarter of 2012 (Jul 2012 - Sep 2012) was 1,627 companies.

    third quarter (Jul 2012 - Sep 2012)Greater ManchesterUK
    20121,62744,096
    20111,55042,282
    Record Year 2003 (2,422) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2012594234799
    Net growth in 2011502399649
    Record Year2008 (1,198)2003 (596)2008 (996)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

    In the third quarter of 2012, Greater Manchester formed 4.6% of all UK companies.

    third quarter (Jul 2012 - Sep 2012)Greater Manchester
    20124.6%
    20114.7%
    20104.9%
    20094.9%
    20084.9%
    Record Year (since 1960) 1976 (5.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20124.7%4.4%4.6%
    UK formation share in 20114.8%4.4%4.8%
    % change-2.7%-0.8%-3.2%
    Record Year1972 (6.3%)1978 (5.4%)1976 (5.8%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 40.1.

    The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Greater Manchester was in 1862 when 50.0% of all directors were female.

    22.9% of all director appointments in Greater Manchester in the third quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2011-Sep 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.24%CONSULTING5.06%
    CONSULTING1.94%MANAGEMENT4.77%
    CONSULTANCY1.63%CONSULTANCY3.29%
    MANCHESTER1.29%PROPERTY2.36%
    TRADING1.25%TRADING2.08%
    ENGINEERING1.25%DESIGN1.87%
    PROPERTY1.23%ASSOCIATES1.83%
    PROPERTIES1.08%ENGINEERING1.83%
    DESIGN1.06%CONSULTANTS1.76%
    MEDIA0.98%BUSINESS1.72%
    ASSOCIATES0.97%CONSTRUCTION1.70%
    CONSULTANTS0.95%MEDIA1.68%
    CONSTRUCTION0.81%LONDON1.67%
    BUSINESS0.80%J1.55%
    GLOBAL0.78%GLOBAL1.54%
    INVESTMENTS0.77%INVESTMENTS1.47%
    M0.76%IT1.43%
    J0.74%PROPERTIES1.34%
    SECURITY0.73%CARE1.32%
    MEDICAL0.70%M1.27%
    BUILDING0.70%BUILDING1.22%
    IT0.68%ENTERPRISES1.21%
    MARKETING0.67%ELECTRICAL1.20%
    DEVELOPMENTS0.65%S1.17%
    CARE0.65%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied11,422228,243
    82990 - Other business support service activities not elsewhere classified4,21950,446
    99999 - Dormant Company1,36237,912
    7487 - Other business activities1,32416,361
    96090 - Other service activities not elsewhere classified1,11220,742
    70229 - Management consultancy activities other than financial management86028,990
    62020 - Information technology consultancy activities65821,969
    74909 - Other professional, scientific and technical activities not elsewhere classified63714,809
    74990 - Non-trading company46313,641
    62090 - Other information technology service activities40411,950
    86900 - Other human health activities3897,550
    86210 - General medical practice activities3563,845
    68209 - Other letting and operating of own or leased real estate3536,519
    56101 - Licensed restaurants3226,004
    47910 - Retail sale via mail order houses or via Internet2975,760
    41100 - Development of building projects2767,545
    43999 - Other specialised construction activities not elsewhere classified2556,008
    9999 - Dormant Company2546,793
    68320 - Management of real estate on a fee or contract basis2334,786
    56103 - Take-away food shops and mobile food stands2324,745

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08138076 ACHO BISMILLAH LIMITED 11 Jul 2012
    08150692 KITCHEN DOORS 2 GO LTD 20 Jul 2012
    08130603 CHESHIRE CNC MACHINERY LIMITED 04 Jul 2012
    08133154 LATTICE SOLUTIONS LTD 06 Jul 2012
    08133243 TLF ASSOCIATES LIMITED 06 Jul 2012
    08143721 BSJ WEALTH MANAGEMENT LIMITED 16 Jul 2012
    08147953 HOYLE LEISURE LIMITED 18 Jul 2012
    08128764 CHEQUE OUT UK LIMITED 03 Jul 2012
    08140816 WOOLPACK WJS LIMITED 12 Jul 2012
    08141139 BRAND NEW CO (452) LIMITED 12 Jul 2012
    08141391 MARLOW COMMERCIAL ELECTRICIANS LTD 12 Jul 2012
    08147307 SEED (SOCIAL EXPLOITS AND ETERNAL DIRECTIVES) CIC 18 Jul 2012
    08149384 BRIDGEWAY INVESTMENTS LIMITED 19 Jul 2012
    08149402 MJ SALES LIMITED 19 Jul 2012
    08149438 M D PHOTOGRAPHY LIMITED 19 Jul 2012
    08149513 TIGERTEK LIMITED 19 Jul 2012
    08149886 PREDICTIONS PRO LIMITED 19 Jul 2012
    08154909 DEEPLY VALE BREWERY LTD 24 Jul 2012
    08157058 MAIDEN VENTURES LIMITED 25 Jul 2012
    08125585 SPOTTIBOX LTD 02 Jul 2012
    08125727 LED SWITCHOVER LIMITED 02 Jul 2012
    08129262 M EVANS ENGINEERING HOLDINGS LIMITED 04 Jul 2012
    08129898 ROGER SEED CONSULTANCY LTD 04 Jul 2012
    08131749 TIMELY CARE LTD 05 Jul 2012
    08134381 KAREN'S FURNISHINGS LIMITED 09 Jul 2012