Greater Manchester

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Greater Manchester when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Greater Manchester when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Greater Manchester when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Greater Manchester when compared to any previous December.
  • October 2013 saw a new record in company registrations in Greater Manchester when compared to any previous October.
  • November 2013 saw a new record in company closures in Greater Manchester when compared to any previous November.
  • October 2013 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 (2013)

    2013 was a record year for company registrations in Greater Manchester when compared to any year in history.

    A total of 22,813 companies were formed in Greater Manchester in 2013. This total is 3.8% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearGreater ManchesterUK
    201322,813529,363
    201221,978491,893
    201120,695452,870
    201019,072400,358
    200917,990362,675
    Record Year2013 (22,813)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Greater Manchester when compared to any previous second half year.

    In the second half of 2013 a total of 11,231 companies were formed in Greater Manchester. This figure is 5.8% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Greater Manchester occurred in 2013 when a total of 11,231 were formed.

    Half Year (Jul-Dec)Greater ManchesterUK
    201311,231259,931
    201210,613238,743
    % change5.8%8.9%
    Record Year2013 (11,231)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Greater Manchester when compared to any previous Q4.

    A total of 5,431 companies were registered in Greater Manchester during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 4.8% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)Greater ManchesterUK
    20135,431127,247
    20125,183119,875
    % change4.8%6.1%
    Record Year 2013 (5,431) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Greater Manchester when compared to any previous December.

    October 2013 saw a new record in company registrations in Greater Manchester when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20132,1301,8151,486
    New companies in 20121,9631,8871,333
    % change8.5%-3.8%11.5%
    Record Year2013 (2,130)2012 (1,887)2013 (1,486)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 16,147 companies were dissolved in Greater Manchester in 2013. This total is 10.5% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearGreater ManchesterUK
    201316,147332,213
    201214,614293,729
    201115,484314,524
    201015,676342,233
    200922,986533,789
    Record Year2009 (22,986)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 9,846 companies were dissolved in Greater Manchester. This figure is 32.4% higher than last year, which compares badly to the UK wide change of 21.3%.

    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
    20139,846177,021
    20127,434145,935
    % change32.4%21.3%
    Record Year2009 (10,257)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 4,761 companies were dissolved in Greater Manchester during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 33.5% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)Greater ManchesterUK
    20134,76190,851
    20123,56770,027
    % change33.5%29.7%
    Record Year 2013 (4,761) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    November 2013 saw a new record in company closures in Greater Manchester when compared to any previous November.

    October 2013 saw a new record in company closures in Greater Manchester when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20131,8441,5061,411
    Closed companies in 20121,6851,308574
    % change9.4%15.1%146%
    Record Year2013 (1,844)2013 (1,506)2009 (1,724)

Net Company Growth

  1. Annual Data (2013)

    A total of 6,666 companies were added to the company register for Greater Manchester in 2013. This number represents growth of 29.2% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 698 companies lower 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
    20136,666197,150
    20127,364198,164
    20115,211138,346
    20103,39658,125
    2009-4,996-171,114
    Record Year2006 (9,882)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Greater Manchester increased by 1,385 companies.

    Half Year (Jul-Dec)Greater ManchesterUK
    20131,38582,910
    20123,17992,808
    Record Year2003 (5,016)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Greater Manchester during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 670 companies.

    fourth quarter (Oct 2013 - Dec 2013)Greater ManchesterUK
    201367036,396
    20121,61649,848
    Record Year 2006 (2,278) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201328630975
    Net growth in 2012278579759
    Record Year2003 (1,227)2005 (883)2006 (860)

UK Company Share

  1. Annual Data (2013)

    In 2013 Greater Manchester formed 4.3% of all UK companies. This is a decline on 2012 when Greater Manchester was responsible for 4.5% of all UK companies.

    YearGreater Manchester
    20134.3%
    20124.5%
    20114.6%
    20104.8%
    20095.0%
    Record Year (since 1960)2009 (5.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Greater Manchester formed 4.3% of all UK companies. This is less than the 2012 figure of 4.4%.

    Half Year (Jul-Dec)Greater Manchester
    20134.3%
    20124.4%
    20114.6%
    20104.8%
    20094.9%
    Record Year (since 1960) 2009 (4.9%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Greater Manchester formed 4.3% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Greater Manchester
    20134.3%
    20124.3%
    20114.6%
    20104.7%
    20094.9%
    Record Year (since 1960) 2009 (4.9%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20134.3%4.2%4.3%
    UK formation share in 20124.3%4.5%4.2%
    % change0.9%-5.5%1.4%
    Record Year2009 (5.0%)2009 (5.1%)2006 (5.2%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 42.2.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 41.9.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 42.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Greater Manchester was 1990 when 32.8% of all directors were female.

    The percentage of female directors in Greater Manchester in 2013 was 23.9%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Greater Manchester was 2007 when 29.0% of all directors were female.

    24.3% of all director appointments in Greater Manchester in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Greater Manchester was in 2007 when 25.4% of all directors were female.

    23.7% of all director appointments in Greater Manchester in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.35%CONSULTING5.22%
    CONSULTING2.15%MANAGEMENT4.72%
    CONSULTANCY1.72%CONSULTANCY3.45%
    MANCHESTER1.44%PROPERTY2.59%
    PROPERTY1.38%TRADING2.08%
    TRADING1.17%ENGINEERING1.87%
    ENGINEERING1.09%LONDON1.86%
    CARE1.09%DESIGN1.76%
    PROPERTIES0.98%CONSTRUCTION1.73%
    CONSULTANTS0.97%CARE1.73%
    MEDIA0.92%BUSINESS1.71%
    BUSINESS0.84%CONSULTANTS1.68%
    DESIGN0.84%GLOBAL1.58%
    ASSOCIATES0.82%INVESTMENTS1.56%
    J0.80%PROPERTIES1.54%
    DEVELOPMENTS0.80%ASSOCIATES1.53%
    BUILDING0.77%J1.51%
    GLOBAL0.76%MEDIA1.50%
    CONSTRUCTION0.73%IT1.35%
    TRANSPORT0.73%DEVELOPMENTS1.23%
    HOUSE0.73%M1.23%
    (NW)0.72%BUILDING1.21%
    M0.70%ELECTRICAL1.20%
    MARKETING0.69%CAPITAL1.19%
    MEDICAL0.68%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied13,162266,814
    82990 - Other business support service activities not elsewhere classified3,61955,342
    99999 - Dormant Company1,86646,762
    96090 - Other service activities not elsewhere classified1,33626,001
    70229 - Management consultancy activities other than financial management1,20636,164
    62020 - Information technology consultancy activities84227,183
    74909 - Other professional, scientific and technical activities not elsewhere classified76318,034
    86900 - Other human health activities5079,543
    47910 - Retail sale via mail order houses or via Internet4918,879
    68209 - Other letting and operating of own or leased real estate4818,733
    74990 - Non-trading company47514,223
    62090 - Other information technology service activities46612,511
    56101 - Licensed restaurants4657,685
    56103 - Take-away food shops and mobile food stands4287,010
    43999 - Other specialised construction activities not elsewhere classified3697,823
    41100 - Development of building projects3529,485
    86210 - General medical practice activities3393,942
    68100 - Buying and selling of own real estate3315,656
    62012 - Business and domestic software development2999,360
    96020 - Hairdressing and other beauty treatment2866,000

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08722932 STYLE CLIQUE LTD 08 Oct 2013
    08727796 DAB WASTE PRESSROOM SOLUTIONS LTD 10 Oct 2013
    08742282 PPI REFUNDLINE LTD 22 Oct 2013
    08751167 FIRST ONLINE LIMITED 28 Oct 2013
    08724307 I'M OFF LTD 09 Oct 2013
    08738180 TOTTINGTON 1954 LIMITED 18 Oct 2013
    08712241 KWIK STOP (NW) LTD 01 Oct 2013
    08716786 ASLAM AND SONS LIMITED 03 Oct 2013
    08723555 TOMCAD LTD 08 Oct 2013
    08725285 LUKA ASSOCIATES LIMITED 09 Oct 2013
    08725880 BRIGHTWAY CLEANING LIMITED 10 Oct 2013
    08731225 ODIKRO CARE SERVICES LTD 14 Oct 2013
    08737757 PINK JAMJAR LTD 17 Oct 2013
    08737760 JAMJAR DIRECT LTD 17 Oct 2013
    08742809 THE MENSROOM BARBERSHOP LTD 22 Oct 2013
    08752048 THE VOX (BURY) LTD 29 Oct 2013
    08754535 MARLOW & SON LIMITED 30 Oct 2013
    08712018 MUSLIM GOVERNORS ASSOCIATION 01 Oct 2013
    08712037 MOORS VIEW BUILDERS LTD 01 Oct 2013
    08712656 TAMESIDE TAVERNS LIMITED 01 Oct 2013
    08717631 N J BROADHEAD ELECTRICAL SERVICES LIMITED 03 Oct 2013
    08718780 KARA TRADING LTD 04 Oct 2013
    08720159 CONNECT REHAB SERVICES LTD 07 Oct 2013
    08721493 EURASIA (LANCASHIRE) LIMITED 07 Oct 2013
    08722417 SLW ESTATES LTD 08 Oct 2013