Greater Manchester
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Greater Manchester when compared to any year in history.
- The second half of 2012 saw a new record in company registrations in Greater Manchester when compared to any previous second half year.
- Q4 2012 saw a new record in company registrations in Greater Manchester when compared to any previous Q4.
- November 2012 saw a new record in company registrations in Greater Manchester when compared to any previous November.
- October 2012 saw a new record in company registrations in Greater Manchester when compared to any previous October.
- October 2012 saw a new record in company closures in Greater Manchester when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Greater Manchester when compared to any year in history.
A total of 21,979 companies were formed in Greater Manchester in 2012. This total is 6.2% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Greater Manchester UK 2012 21,979 491,893 2011 20,695 452,870 2010 19,072 400,358 2009 17,990 362,675 2008 16,280 349,203 Record Year 2012 (21,979) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
The second half of 2012 saw a new record in company registrations in Greater Manchester when compared to any previous second half year.
In the second half of 2012 a total of 10,614 companies were formed in Greater Manchester. This figure is 2.2% higher than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Greater Manchester occurred in 2012 when a total of 10,614 were formed.
Half Year (Jul-Dec) Greater Manchester UK 2012 10,614 238,743 2011 10,385 224,135 % change 2.2% 6.5% Record Year 2012 (10,614) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Q4 2012 saw a new record in company registrations in Greater Manchester when compared to any previous Q4.
A total of 5,184 companies were registered in Greater Manchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 2.9% 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) Greater Manchester UK 2012 5,184 119,875 2011 5,040 109,623 % change 2.9% 9.4% Record Year 2012 (5,184) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company registrations in Greater Manchester when compared to any previous November.
October 2012 saw a new record in company registrations in Greater Manchester when compared to any previous October.
New Companies by Month
October November December New companies in 2012 1,963 1,888 1,333 New companies in 2011 1,719 1,852 1,469 % change 14.2% 1.9% -9.3% Record Year 2012 (1,963) 2012 (1,888) 2011 (1,469)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 14,614 companies were dissolved in Greater Manchester 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 Greater Manchester UK 2012 14,614 293,728 2011 15,484 314,524 2010 15,676 342,233 2009 22,986 533,787 2008 8,745 237,873 Record Year 2009 (22,986) 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 7,434 companies were dissolved in Greater Manchester. This figure is 1.3% lower than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Greater Manchester occurred in 2009 when a total of 10,257 were closed.
Half Year (Jul-Dec) Greater Manchester UK 2012 7,434 145,934 2011 7,535 152,213 % change -1.3% -4.1% Record Year 2009 (10,257) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 3,567 companies were dissolved in Greater Manchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 4.5% versus the same period last year (Q4 2011). This figure compares poorly 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) Greater Manchester UK 2012 3,567 70,026 2011 3,737 79,983 % change -4.5% -12.4% Record Year 2009 (4,374) 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 Greater Manchester when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 1,685 1,308 574 Closed companies in 2011 942 1,472 1,323 % change 78.9% -11.1% -57% Record Year 2012 (1,685) 2011 (1,472) 2009 (1,724)
Net Company Growth
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Annual Data (2012)
A total of 7,365 companies were added to the company register for Greater Manchester in 2012. This number represents growth of 35.6% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 2,154 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Greater Manchester company register grew by 9,882 companies.
Year Greater Manchester UK 2012 7,365 198,165 2011 5,211 138,346 2010 3,396 58,125 2009 -4,996 -171,112 2008 7,535 111,330 Record Year 2006 (9,882) 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 Greater Manchester increased by 3,180 companies.
Half Year (Jul-Dec) Greater Manchester UK 2012 3,180 92,809 2011 2,850 71,922 Record Year 2003 (5,016) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Greater Manchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 1,617 companies.
fourth quarter (Oct 2012 - Dec 2012) Greater Manchester UK 2012 1,617 49,849 2011 1,303 29,640 Record Year 2003 (2,592) 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 278 580 759 Net growth in 2011 777 380 146 Record Year 2003 (1,227) 2005 (883) 2006 (860)
UK Company Share
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Annual Data (2012)
In 2012 Greater Manchester formed 4.5% of all UK companies. This is a decline on 2011 when Greater Manchester was responsible for 4.6% of all UK companies.
Year Greater Manchester 2012 4.5% 2011 4.6% 2010 4.8% 2009 5.0% 2008 4.7% Record Year (since 1960) 1983 (5.2%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Greater Manchester formed 4.4% of all UK companies. This is less than the 2011 figure of 4.6%.
Half Year (Jul-Dec) Greater Manchester 2012 4.4% 2011 4.6% 2010 4.8% 2009 4.9% 2008 4.8% Record Year (since 1960) 1976 (5.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Greater Manchester formed 4.3% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Greater Manchester 2012 4.3% 2011 4.6% 2010 4.7% 2009 4.9% 2008 4.7% Record Year (since 1960) 1961 (5.4%) 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 4.3% 4.5% 4.2% UK formation share in 2011 4.4% 4.6% 4.8% % change -4.1% -3.0% -11.7% Record Year 1970 (6.1%) 1961 (6.8%) 1977 (5.6%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 41.6.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.7% 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 41.1.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.5% 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 40.9.
The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 2.0% 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 Greater Manchester was 1860 when 35.7% of all directors were female.
The percentage of female directors in Greater Manchester in 2012 was 29.2%. 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 Greater Manchester was 1860 when 42.9% of all directors were female.
23.4% of all director appointments in Greater Manchester 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 Greater Manchester was in 1977 when 31.2% of all directors were female.
23.5% of all director appointments in Greater Manchester 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 MANAGEMENT 2.24% CONSULTING 5.15% CONSULTING 2.09% MANAGEMENT 4.78% CONSULTANCY 1.58% CONSULTANCY 3.31% MANCHESTER 1.36% PROPERTY 2.40% ENGINEERING 1.31% TRADING 2.03% PROPERTY 1.26% DESIGN 1.86% TRADING 1.25% ASSOCIATES 1.82% PROPERTIES 1.02% ENGINEERING 1.79% MEDIA 1.00% BUSINESS 1.76% DESIGN 0.99% CONSULTANTS 1.75% ASSOCIATES 0.94% CONSTRUCTION 1.69% CONSULTANTS 0.92% LONDON 1.69% BUSINESS 0.86% MEDIA 1.69% CONSTRUCTION 0.81% GLOBAL 1.59% INVESTMENTS 0.74% J 1.57% ENTERPRISES 0.74% INVESTMENTS 1.46% M 0.74% IT 1.43% SECURITY 0.74% CARE 1.39% GLOBAL 0.73% PROPERTIES 1.34% (NW) 0.71% M 1.26% J 0.71% BUILDING 1.23% MEDICAL 0.70% ENTERPRISES 1.21% IT 0.69% TRAINING 1.18% BUILDING 0.68% ELECTRICAL 1.17% DEVELOPMENTS 0.64% 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 11,848 236,139 82990 - Other business support service activities not elsewhere classified 4,270 52,427 99999 - Dormant Company 1,451 40,648 96090 - Other service activities not elsewhere classified 1,155 22,058 70229 - Management consultancy activities other than financial management 955 30,396 7487 - Other business activities 801 10,703 62020 - Information technology consultancy activities 715 23,256 74909 - Other professional, scientific and technical activities not elsewhere classified 641 15,572 74990 - Non-trading company 457 13,808 62090 - Other information technology service activities 427 12,291 86900 - Other human health activities 413 7,866 68209 - Other letting and operating of own or leased real estate 370 6,971 86210 - General medical practice activities 360 3,960 56101 - Licensed restaurants 355 6,400 47910 - Retail sale via mail order houses or via Internet 336 6,307 41100 - Development of building projects 299 7,980 43999 - Other specialised construction activities not elsewhere classified 289 6,419 56103 - Take-away food shops and mobile food stands 273 5,132 68320 - Management of real estate on a fee or contract basis 240 4,936 62012 - Business and domestic software development 235 7,446
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08322681 STEELSTIPS LIMITED 07 Dec 2012 08329663 GALLERIA D'ARTE LIMITED 13 Dec 2012 08333897 PONDS4FISH LIMITED 17 Dec 2012 08318780 WOW BRADFORD LIMITED 05 Dec 2012 08333523 C&E SUPPLIES LTD 17 Dec 2012 08316759 INTO INDEPENDENCE LIMITED 03 Dec 2012 08327832 KNOW HOW CLEANING LIMITED 12 Dec 2012 08330534 BURY ISLAMIC BOOK CENTRE LIMITED 13 Dec 2012 08333783 SALFORD STORAGE LTD 17 Dec 2012 08334312 LIFE SHOREDITCH LIMITED 18 Dec 2012 08341627 UNITED FREIGHT SERVICES LTD 27 Dec 2012 08341794 LEATHER ADDICTS LIMITED 27 Dec 2012 08315595 GHANDAL LIMITED 03 Dec 2012 08318357 SIM FREE LTD 05 Dec 2012 08319478 KATIL LTD 05 Dec 2012 08323159 BANK STREET NORTH WEST LIMITED 07 Dec 2012 08325716 N & B SALES LIMITED 11 Dec 2012 08326196 STARLITE CONTROL LIMITED 11 Dec 2012 08328110 FER SOLUTIONS LIMITED 12 Dec 2012 08329885 CP BRICKWORK (NW) LTD 13 Dec 2012 08330063 TAYLOR TOURS LIMITED 13 Dec 2012 08331145 BLUE MOTION COURIERS LTD 14 Dec 2012 08331469 JF FOUNDATION 14 Dec 2012 08332275 RENT A SAUNA LTD 14 Dec 2012 08321516 GEOBURY LIMITED 06 Dec 2012
reports
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