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

  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 (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.

    YearGreater ManchesterUK
    201221,979491,893
    201120,695452,870
    201019,072400,358
    200917,990362,675
    200816,280349,203
    Record Year2012 (21,979)2012 (491,893)
    New Companies by Year
  2. 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 ManchesterUK
    201210,614238,743
    201110,385224,135
    % change2.2%6.5%
    Record Year2012 (10,614)2012 (238,743)
    New Companies by Half Year
  3. 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 ManchesterUK
    20125,184119,875
    20115,040109,623
    % change2.9%9.4%
    Record Year 2012 (5,184) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 20121,9631,8881,333
    New companies in 20111,7191,8521,469
    % change14.2%1.9%-9.3%
    Record Year2012 (1,963)2012 (1,888)2011 (1,469)

Closed Companies (dissolved)

  1. 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.

    YearGreater ManchesterUK
    201214,614293,728
    201115,484314,524
    201015,676342,233
    200922,986533,787
    20088,745237,873
    Record Year2009 (22,986)2009 (533,787)
    Dissolved Companies by Year
  2. 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 ManchesterUK
    20127,434145,934
    20117,535152,213
    % change-1.3%-4.1%
    Record Year2009 (10,257)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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 ManchesterUK
    20123,56770,026
    20113,73779,983
    % change-4.5%-12.4%
    Record Year 2009 (4,374) 2009 (85,139)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 20121,6851,308574
    Closed companies in 20119421,4721,323
    % change78.9%-11.1%-57%
    Record Year2012 (1,685)2011 (1,472)2009 (1,724)

Net Company Growth

  1. 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.

    YearGreater ManchesterUK
    20127,365198,165
    20115,211138,346
    20103,39658,125
    2009-4,996-171,112
    20087,535111,330
    Record Year2006 (9,882)2003 (242,541)
    Net Growth by Year
  2. 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 ManchesterUK
    20123,18092,809
    20112,85071,922
    Record Year2003 (5,016)2003 (117,772)
    Net Growth by Half Year
  3. 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 ManchesterUK
    20121,61749,849
    20111,30329,640
    Record Year 2003 (2,592) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012278580759
    Net growth in 2011777380146
    Record Year2003 (1,227)2005 (883)2006 (860)

UK Company Share

  1. 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.

    YearGreater Manchester
    20124.5%
    20114.6%
    20104.8%
    20095.0%
    20084.7%
    Record Year (since 1960)1983 (5.2%)
    Company Share by Year
  2. 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
    20124.4%
    20114.6%
    20104.8%
    20094.9%
    20084.8%
    Record Year (since 1960) 1976 (5.3%)
    Company Share by Half Year
  3. 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
    20124.3%
    20114.6%
    20104.7%
    20094.9%
    20084.7%
    Record Year (since 1960) 1961 (5.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20124.3%4.5%4.2%
    UK formation share in 20114.4%4.6%4.8%
    % change-4.1%-3.0%-11.7%
    Record Year1970 (6.1%)1961 (6.8%)1977 (5.6%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.24%CONSULTING5.15%
    CONSULTING2.09%MANAGEMENT4.78%
    CONSULTANCY1.58%CONSULTANCY3.31%
    MANCHESTER1.36%PROPERTY2.40%
    ENGINEERING1.31%TRADING2.03%
    PROPERTY1.26%DESIGN1.86%
    TRADING1.25%ASSOCIATES1.82%
    PROPERTIES1.02%ENGINEERING1.79%
    MEDIA1.00%BUSINESS1.76%
    DESIGN0.99%CONSULTANTS1.75%
    ASSOCIATES0.94%CONSTRUCTION1.69%
    CONSULTANTS0.92%LONDON1.69%
    BUSINESS0.86%MEDIA1.69%
    CONSTRUCTION0.81%GLOBAL1.59%
    INVESTMENTS0.74%J1.57%
    ENTERPRISES0.74%INVESTMENTS1.46%
    M0.74%IT1.43%
    SECURITY0.74%CARE1.39%
    GLOBAL0.73%PROPERTIES1.34%
    (NW)0.71%M1.26%
    J0.71%BUILDING1.23%
    MEDICAL0.70%ENTERPRISES1.21%
    IT0.69%TRAINING1.18%
    BUILDING0.68%ELECTRICAL1.17%
    DEVELOPMENTS0.64%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied11,848236,139
    82990 - Other business support service activities not elsewhere classified4,27052,427
    99999 - Dormant Company1,45140,648
    96090 - Other service activities not elsewhere classified1,15522,058
    70229 - Management consultancy activities other than financial management95530,396
    7487 - Other business activities80110,703
    62020 - Information technology consultancy activities71523,256
    74909 - Other professional, scientific and technical activities not elsewhere classified64115,572
    74990 - Non-trading company45713,808
    62090 - Other information technology service activities42712,291
    86900 - Other human health activities4137,866
    68209 - Other letting and operating of own or leased real estate3706,971
    86210 - General medical practice activities3603,960
    56101 - Licensed restaurants3556,400
    47910 - Retail sale via mail order houses or via Internet3366,307
    41100 - Development of building projects2997,980
    43999 - Other specialised construction activities not elsewhere classified2896,419
    56103 - Take-away food shops and mobile food stands2735,132
    68320 - Management of real estate on a fee or contract basis2404,936
    62012 - Business and domestic software development2357,446

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC379986 GHW SOLICITORS LLP 06 Nov 2012
    08286962 CREATEOFF LIMITED 08 Nov 2012
    08288239 CROMPTON CLAIMS LTD 09 Nov 2012
    08299230 BOOMBOX DANCE FITNESS LIMITED 19 Nov 2012
    08311191 BLUEMOON COOLER SERVICES LTD 28 Nov 2012
    08277440 JRW CONSULTING LIMITED 01 Nov 2012
    08281590 KMB STONE SERVICES LIMITED 05 Nov 2012
    OC380061 INGVARR LLP 08 Nov 2012
    08293205 EVERY KITCHEN LIMITED 14 Nov 2012
    08303732 MORGAN GREEN LIMITED 22 Nov 2012
    08303910 HAYTON CAPITAL PARTNERS LTD 22 Nov 2012
    08304244 PROJECT SATELLITE LIMITED 22 Nov 2012
    08304424 DALEHURST IMPORT & EXPORT LIMITED 22 Nov 2012
    08304457 VIBOTECH LIMITED 22 Nov 2012
    08305306 LOVEISCOMPANY LIMITED 23 Nov 2012
    08305759 MACKENZIE BUSINESS SUPPORT LTD 23 Nov 2012
    08310106 PROVISION PRODUCTS LIMITED 27 Nov 2012
    08313454 XIPHONIA LIMITED 29 Nov 2012
    08278363 ONCE UPON A TIME (UK) LIMITED 02 Nov 2012
    08279680 DRC TRADING LIMITED 02 Nov 2012
    08281098 ADVANCED DECISION MAKING LIMITED 05 Nov 2012
    08281403 EDGE DIGITAL MEDIA LIMITED 05 Nov 2012
    08283015 SKYFALL PROMOTIONS LIMITED 06 Nov 2012
    08289016 THE WAY OF THE DOG LIMITED 12 Nov 2012
    08289044 S K GLOBAL DISTRIBUTION LTD 12 Nov 2012