Greater Manchester

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.
  • Q1 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Greater Manchester when compared to any previous February.
  • January 2014 saw a new record in company registrations in Greater Manchester when compared to any previous January.
  • February 2014 saw a new record in company registrations in Greater Manchester when compared to any previous February.
  • January 2014 saw a new record in company registrations in Greater Manchester when compared to any previous January.
  • February 2014 saw a new record in company registrations in Greater Manchester when compared to any previous February.
  • January 2014 saw a new record in company registrations in Greater Manchester when compared to any previous January.
  • February 2014 saw a new record in company closures in Greater Manchester when compared to any previous February.
  • February 2014 saw a new record in company closures in Greater Manchester when compared to any previous February.
  • February 2014 saw a new record in company closures in Greater Manchester when compared to any previous February.

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 (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.

    Q1 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.

    A total of 6,578 companies were registered in Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.2% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20146,578150,722
    20135,811134,802
    % change13.2%11.8%
    Record Year 2014 (6,578) 2007 (166,814)
    New Companies by Quarter

    A total of 6,578 companies were registered in Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.2% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20146,578150,722
    20135,811134,802
    % change13.2%11.8%
    Record Year 2014 (6,578) 2007 (166,814)
    New Companies by Quarter

    A total of 6,578 companies were registered in Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.2% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20146,578150,722
    20135,811134,802
    % change13.2%11.8%
    Record Year 2014 (6,578) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Greater Manchester when compared to any previous February.

    January 2014 saw a new record in company registrations in Greater Manchester when compared to any previous January.

    February 2014 saw a new record in company registrations in Greater Manchester when compared to any previous February.

    January 2014 saw a new record in company registrations in Greater Manchester when compared to any previous January.

    February 2014 saw a new record in company registrations in Greater Manchester when compared to any previous February.

    January 2014 saw a new record in company registrations in Greater Manchester when compared to any previous January.

    New Companies by Month
    New Companies by Month
    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20142,0792,0932,406
    New companies in 20131,9781,8771,956
    % change5.1%11.5%23.0%
    Record Year2014 (2,079)2014 (2,093)2007 (2,489)
    JanuaryFebruaryMarch
    New companies in 20142,0792,0932,406
    New companies in 20131,9781,8771,956
    % change5.1%11.5%23.0%
    Record Year2014 (2,079)2014 (2,093)2007 (2,489)
    JanuaryFebruaryMarch
    New companies in 20142,0792,0932,406
    New companies in 20131,9781,8771,956
    % change5.1%11.5%23.0%
    Record Year2014 (2,079)2014 (2,093)2007 (2,489)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 4,079 companies were dissolved in Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 35.6% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20144,07982,370
    20133,00977,914
    % change35.6%5.7%
    Record Year 2009 (4,775) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 4,079 companies were dissolved in Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 35.6% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20144,07982,370
    20133,00977,914
    % change35.6%5.7%
    Record Year 2009 (4,775) 2009 (108,066)
    Dissolved Companies by Quarter

    A total of 4,079 companies were dissolved in Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 35.6% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20144,07982,370
    20133,00977,914
    % change35.6%5.7%
    Record Year 2009 (4,775) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Greater Manchester when compared to any previous February.

    February 2014 saw a new record in company closures in Greater Manchester when compared to any previous February.

    February 2014 saw a new record in company closures in Greater Manchester when compared to any previous February.

    Dissolved Companies by Month
    Dissolved Companies by Month
    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20141,4161,4231,240
    Closed companies in 20131,270899840
    % change11.5%58.3%48%
    Record Year2011 (1,572)2014 (1,423)2009 (2,908)
    JanuaryFebruaryMarch
    Closed companies in 20141,4161,4231,240
    Closed companies in 20131,270899840
    % change11.5%58.3%48%
    Record Year2011 (1,572)2014 (1,423)2009 (2,908)
    JanuaryFebruaryMarch
    Closed companies in 20141,4161,4231,240
    Closed companies in 20131,270899840
    % change11.5%58.3%48%
    Record Year2011 (1,572)2014 (1,423)2009 (2,908)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014) was 2,499 companies.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20142,49968,352
    20132,80256,888
    Record Year 2007 (3,575) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014) was 2,499 companies.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20142,49968,352
    20132,80256,888
    Record Year 2007 (3,575) 2007 (111,282)
    Net Growth by Quarter

    Net company growth for Greater Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014) was 2,499 companies.

    first quarter (Jan 2014 - Mar 2014)Greater ManchesterUK
    20142,49968,352
    20132,80256,888
    Record Year 2007 (3,575) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    Net Growth by Month
    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20146636701,166
    Net growth in 20137089781,116
    Record Year2012 (726)2007 (1,218)2006 (1,904)
    JanuaryFebruaryMarch
    Net growth in 20146636701,166
    Net growth in 20137089781,116
    Record Year2005 (726)2007 (1,218)2006 (1,904)
    JanuaryFebruaryMarch
    Net growth in 20146636701,166
    Net growth in 20137089781,116
    Record Year2005 (726)2007 (1,218)2006 (1,904)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Greater Manchester formed 4.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Greater Manchester
    20144.4%
    20134.3%
    20124.5%
    20114.5%
    20104.8%
    Record Year (since 1960) 1990 (5.1%)
    Company Share by Quarter

    In the first quarter of 2014, Greater Manchester formed 4.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Greater Manchester
    20144.4%
    20134.3%
    20124.5%
    20114.5%
    20104.8%
    Record Year (since 1960) 1990 (5.1%)
    Company Share by Quarter

    In the first quarter of 2014, Greater Manchester formed 4.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Greater Manchester
    20144.4%
    20134.3%
    20124.5%
    20114.5%
    20104.8%
    Record Year (since 1960) 1990 (5.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    Company Share by Month
    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20144.4%4.3%4.3%
    UK formation share in 20134.5%4.2%4.2%
    % change-1.7%2.9%2.6%
    Record Year1991 (5.4%)1990 (5.2%)2006 (5.6%)
    JanuaryFebruaryMarch
    UK formation share in 20144.4%4.3%4.3%
    UK formation share in 20134.5%4.2%4.2%
    % change-1.7%2.9%2.6%
    Record Year1991 (5.4%)1990 (5.2%)2006 (5.6%)
    JanuaryFebruaryMarch
    UK formation share in 20144.4%4.3%4.3%
    UK formation share in 20134.5%4.2%4.2%
    % change-1.7%2.9%2.6%
    Record Year1991 (5.4%)1990 (5.2%)2006 (5.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 42.5.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 42.5.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

    The average age of a director in the first quarter of 2014 was 42.5.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Greater Manchester was in 2008 when 26.6% of all directors were female.

    23.3% of all director appointments in Greater Manchester in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Greater Manchester was in 2008 when 26.6% of all directors were female.

    23.3% of all director appointments in Greater Manchester in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

    The record first quarter for female directors in Greater Manchester was in 2008 when 26.6% of all directors were female.

    23.3% of all director appointments in Greater Manchester in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.35%CONSULTING5.22%
    CONSULTING2.21%MANAGEMENT4.67%
    CONSULTANCY1.85%CONSULTANCY3.49%
    MANCHESTER1.49%PROPERTY2.64%
    PROPERTY1.36%TRADING2.05%
    TRADING1.19%LONDON1.88%
    PROPERTIES1.14%ENGINEERING1.86%
    CARE1.10%CARE1.79%
    ENGINEERING1.06%CONSTRUCTION1.75%
    CONSULTANTS1.01%DESIGN1.75%
    BUSINESS0.88%CONSULTANTS1.73%
    MEDIA0.86%BUSINESS1.71%
    DESIGN0.85%PROPERTIES1.60%
    DEVELOPMENTS0.84%INVESTMENTS1.60%
    MEDICAL0.77%GLOBAL1.58%
    J0.77%J1.48%
    TRANSPORT0.77%ASSOCIATES1.48%
    ASSOCIATES0.76%MEDIA1.48%
    MARKETING0.76%IT1.33%
    BUILDING0.75%TRANSPORT1.30%
    IT0.74%DEVELOPMENTS1.29%
    GLOBAL0.72%BUILDING1.24%
    INVESTMENTS0.72%M1.21%
    HOUSE0.71%CAPITAL1.20%
    (NW)0.69%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    MANAGEMENT2.36%CONSULTING5.23%
    CONSULTING2.21%MANAGEMENT4.69%
    CONSULTANCY1.85%CONSULTANCY3.49%
    MANCHESTER1.48%PROPERTY2.64%
    PROPERTY1.34%TRADING2.05%
    TRADING1.21%LONDON1.90%
    PROPERTIES1.15%ENGINEERING1.87%
    CARE1.11%CARE1.80%
    ENGINEERING1.05%CONSTRUCTION1.76%
    CONSULTANTS1.02%DESIGN1.75%
    BUSINESS0.92%CONSULTANTS1.73%
    MEDIA0.84%BUSINESS1.71%
    DEVELOPMENTS0.84%PROPERTIES1.60%
    DESIGN0.83%INVESTMENTS1.60%
    J0.77%GLOBAL1.59%
    MEDICAL0.77%MEDIA1.49%
    ASSOCIATES0.77%J1.49%
    TRANSPORT0.77%ASSOCIATES1.48%
    MARKETING0.76%IT1.34%
    BUILDING0.74%TRANSPORT1.30%
    IT0.73%DEVELOPMENTS1.29%
    GLOBAL0.73%BUILDING1.24%
    HOUSE0.72%CAPITAL1.21%
    INVESTMENTS0.72%M1.21%
    (NW)0.70%ELECTRICAL1.19%
    wordpercentageuk worduk percentage
    MANAGEMENT2.37%CONSULTING5.23%
    CONSULTING2.22%MANAGEMENT4.69%
    CONSULTANCY1.86%CONSULTANCY3.49%
    MANCHESTER1.48%PROPERTY2.64%
    PROPERTY1.35%TRADING2.04%
    TRADING1.21%LONDON1.90%
    PROPERTIES1.14%ENGINEERING1.87%
    CARE1.10%CARE1.80%
    ENGINEERING1.06%CONSTRUCTION1.77%
    CONSULTANTS1.02%DESIGN1.75%
    BUSINESS0.92%CONSULTANTS1.73%
    DEVELOPMENTS0.84%BUSINESS1.71%
    DESIGN0.83%PROPERTIES1.60%
    MEDIA0.83%INVESTMENTS1.59%
    TRANSPORT0.77%GLOBAL1.59%
    MEDICAL0.77%MEDIA1.49%
    J0.76%J1.48%
    ASSOCIATES0.76%ASSOCIATES1.48%
    MARKETING0.74%IT1.34%
    IT0.73%TRANSPORT1.30%
    HOUSE0.73%DEVELOPMENTS1.29%
    BUILDING0.73%BUILDING1.24%
    GLOBAL0.72%CAPITAL1.21%
    (NW)0.71%M1.20%
    INVESTMENTS0.70%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied13,698280,210
    82990 - Other business support service activities not elsewhere classified3,39356,411
    99999 - Dormant Company1,88847,084
    96090 - Other service activities not elsewhere classified1,35726,700
    70229 - Management consultancy activities other than financial management1,27237,882
    62020 - Information technology consultancy activities88727,750
    74909 - Other professional, scientific and technical activities not elsewhere classified79218,491
    86900 - Other human health activities54110,273
    47910 - Retail sale via mail order houses or via Internet5189,358
    68209 - Other letting and operating of own or leased real estate5109,284
    56101 - Licensed restaurants4937,965
    62090 - Other information technology service activities49112,813
    56103 - Take-away food shops and mobile food stands4677,300
    74990 - Non-trading company45914,135
    41100 - Development of building projects3899,855
    43999 - Other specialised construction activities not elsewhere classified3778,155
    86210 - General medical practice activities3423,987
    68100 - Buying and selling of own real estate3375,920
    62012 - Business and domestic software development3069,509
    96020 - Hairdressing and other beauty treatment2936,236
    sic codenumber of companiesuk companies
    None Supplied12,523254,725
    82990 - Other business support service activities not elsewhere classified3,44957,654
    99999 - Dormant Company1,95748,100
    96090 - Other service activities not elsewhere classified1,41927,652
    70229 - Management consultancy activities other than financial management1,33639,157
    62020 - Information technology consultancy activities91328,692
    74909 - Other professional, scientific and technical activities not elsewhere classified81519,018
    86900 - Other human health activities55910,681
    47910 - Retail sale via mail order houses or via Internet5429,673
    68209 - Other letting and operating of own or leased real estate5229,713
    56101 - Licensed restaurants5068,352
    62090 - Other information technology service activities50313,149
    56103 - Take-away food shops and mobile food stands4837,657
    74990 - Non-trading company46114,336
    41100 - Development of building projects40510,295
    43999 - Other specialised construction activities not elsewhere classified4028,495
    68100 - Buying and selling of own real estate3546,190
    86210 - General medical practice activities3494,104
    62012 - Business and domestic software development3209,818
    96020 - Hairdressing and other beauty treatment3106,499
    sic codenumber of companiesuk companies
    None Supplied12,502254,441
    82990 - Other business support service activities not elsewhere classified3,45157,543
    99999 - Dormant Company1,92647,692
    96090 - Other service activities not elsewhere classified1,41027,543
    70229 - Management consultancy activities other than financial management1,34439,242
    62020 - Information technology consultancy activities91628,770
    74909 - Other professional, scientific and technical activities not elsewhere classified81718,956
    86900 - Other human health activities56610,715
    47910 - Retail sale via mail order houses or via Internet5469,695
    68209 - Other letting and operating of own or leased real estate5259,832
    56101 - Licensed restaurants5058,390
    62090 - Other information technology service activities50413,145
    56103 - Take-away food shops and mobile food stands4857,668
    74990 - Non-trading company45314,142
    41100 - Development of building projects40910,399
    43999 - Other specialised construction activities not elsewhere classified4048,503
    68100 - Buying and selling of own real estate3546,199
    86210 - General medical practice activities3514,111
    62012 - Business and domestic software development3209,838
    96020 - Hairdressing and other beauty treatment3106,508

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08942361 BECON LTD. 17 Mar 2014
    08950977 EVOLVE BUSINESS SOLUTIONS LIMITED 20 Mar 2014
    08968704 VMOST LIMITED 31 Mar 2014
    08968856 ODISS LIMITED 31 Mar 2014
    08918437 NEXT STEP CLOTHING DISTRIBUTION LIMITED 03 Mar 2014
    08924151 KOG ACCOUNTING LIMITED 05 Mar 2014
    08952726 TAP SUPERSTORE LTD 21 Mar 2014
    08964522 WW SPORT EVENTS LIMITED 28 Mar 2014
    08965791 J & E PLUMBING & HEATING (BURY) LIMITED 28 Mar 2014
    08967165 A MCCABE LIMITED 31 Mar 2014
    08929450 BEAUTY POWER U.K. LTD 07 Mar 2014
    08937364 SHAH BUILDING SOLUTIONS LTD 13 Mar 2014
    08940186 AWK TRADING LTD 14 Mar 2014
    08946114 FALAH FLYERS LIMITED 19 Mar 2014
    08953318 TOP FORM CONSULTING LIMITED 21 Mar 2014
    08960965 TAYLOR MANAGEMENT SERVICES (UK) LTD 26 Mar 2014
    08962013 ACE PRINT SOLUTIONS LIMITED 27 Mar 2014
    08964936 PHOTOGRAPHY TUITION LIMITED 28 Mar 2014
    08922085 EASY VISA LTD 04 Mar 2014
    08922495 PELIKAN PROJECTS LIMITED 04 Mar 2014
    08924449 KBS CORPORATE FINANCE LIMITED 05 Mar 2014
    08926111 NICKY JANE HAIR SALON LIMITED 06 Mar 2014
    08926602 BURT WESLEY & SONS LIMITED 06 Mar 2014
    08927939 ACCELERATE CONSULTING (UK) LIMITED 07 Mar 2014
    08931716 AMK FLOORING LIMITED 10 Mar 2014