Greater Manchester

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Greater Manchester when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Greater Manchester when compared to any half year in history.
  • The first half of 2014 saw a new record in company registrations in Greater Manchester when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Greater Manchester when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q2.
  • Q2 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q2.
  • June 2014 saw a new record in company registrations in Greater Manchester when compared to any previous June.
  • May 2014 saw a new record in company registrations in Greater Manchester when compared to any previous May.
  • April 2014 saw a new record in company registrations in Greater Manchester when compared to any previous April.
  • June 2014 saw a new record in company registrations in Greater Manchester when compared to any previous June.
  • May 2014 saw a new record in company registrations in Greater Manchester when compared to any previous May.
  • April 2014 saw a new record in company registrations in Greater Manchester when compared to any previous April.
  • April 2014 saw a new record in net growth in Greater Manchester when compared to any previous April.
  • April 2014 saw a new record in net growth in Greater Manchester when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Greater Manchester when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Greater Manchester when compared to any half year in history.

    The first half of 2014 saw a new record in company registrations in Greater Manchester when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Greater Manchester when compared to any half year in history.

    In the first half of 2014 a total of 13,102 companies were formed in Greater Manchester. This figure is 13.1% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Greater Manchester occurred in 2014 when a total of 13,102 were formed.

    Half Year (Jan-Jun)Greater ManchesterUK
    201413,102300,731
    201311,582269,432
    % change13.1%11.6%
    Record Year2014 (13,102)2014 (300,731)

    In the first half of 2014 a total of 13,102 companies were formed in Greater Manchester. This figure is 13.1% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Greater Manchester occurred in 2014 when a total of 13,102 were formed.

    Half Year (Jan-Jun)Greater ManchesterUK
    201413,102300,731
    201311,582269,432
    % change13.1%11.6%
    Record Year2014 (13,102)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q2.

    Q2 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q2.

    A total of 6,524 companies were registered in Greater Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 13.0% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater ManchesterUK
    20146,524150,009
    20135,771134,630
    % change13.0%11.4%
    Record Year 2014 (6,524) 2014 (150,009)
    New Companies by Quarter

    A total of 6,524 companies were registered in Greater Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 13.0% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater ManchesterUK
    20146,524150,009
    20135,771134,630
    % change13.0%11.4%
    Record Year 2014 (6,524) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

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

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

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

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

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

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 20142,3622,0502,112
    New companies in 20132,1251,9581,688
    % change11.2%4.7%25.1%
    Record Year2014 (2,362)2014 (2,050)2014 (2,112)
    AprilMayJune
    New companies in 20142,3622,0502,112
    New companies in 20132,1251,9581,688
    % change11.2%4.7%25.1%
    Record Year2014 (2,362)2014 (2,050)2014 (2,112)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 8,712 companies were dissolved in Greater Manchester. This figure is 38.3% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Greater Manchester occurred in 2009 when a total of 12,729 were closed.

    Half Year (Jan-Jun)Greater ManchesterUK
    20148,712177,207
    20136,301155,192
    % change38.3%14.2%
    Record Year2009 (12,729)2009 (289,245)

    In the first half of 2014 a total of 8,712 companies were dissolved in Greater Manchester. This figure is 38.3% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Greater Manchester occurred in 2009 when a total of 12,729 were closed.

    Half Year (Jan-Jun)Greater ManchesterUK
    20148,712177,207
    20136,301155,192
    % change38.3%14.2%
    Record Year2009 (12,729)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 4,633 companies were dissolved in Greater Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 40.7% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater ManchesterUK
    20144,63394,837
    20133,29277,278
    % change40.7%22.7%
    Record Year 2009 (7,954) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 4,633 companies were dissolved in Greater Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 40.7% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Greater ManchesterUK
    20144,63394,837
    20133,29277,278
    % change40.7%22.7%
    Record Year 2009 (7,954) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20141,0532,0371,543
    Closed companies in 20131,0459711,276
    % change0.8%109.8%21%
    Record Year2009 (2,328)2009 (3,597)2009 (2,029)
    AprilMayJune
    Closed companies in 20141,0532,0371,543
    Closed companies in 20131,0459711,276
    % change0.8%109.8%21%
    Record Year2009 (2,328)2009 (3,597)2009 (2,029)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Greater Manchester increased by 4,390 companies.

    Half Year (Jan-Jun)Greater ManchesterUK
    20144,390123,524
    20135,281114,240
    Record Year2007 (5,972)2007 (171,296)

    In the first half of 2014 the company register for Greater Manchester increased by 4,390 companies.

    Half Year (Jan-Jun)Greater ManchesterUK
    20144,390123,524
    20135,281114,240
    Record Year2007 (5,972)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Greater Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014) was 1,891 companies.

    second quarter (Apr 2014 - Jun 2014)Greater ManchesterUK
    20141,89155,172
    20132,47957,352
    Record Year 2013 (2,479) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for Greater Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014) was 1,891 companies.

    second quarter (Apr 2014 - Jun 2014)Greater ManchesterUK
    20141,89155,172
    20132,47957,352
    Record Year 2013 (2,479) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Greater Manchester when compared to any previous April.

    April 2014 saw a new record in net growth in Greater Manchester when compared to any previous April.

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 20141,30913569
    Net growth in 20131,080987412
    Record Year2014 (1,309)2006 (1,065)2008 (1,289)
    AprilMayJune
    Net growth in 20141,30913569
    Net growth in 20131,080987412
    Record Year2014 (1,309)2006 (1,065)2008 (1,289)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Greater Manchester formed 4.4% of all UK companies. This is more than the 2013 figure of 4.3%.

    Half Year (Jan-Jun)Greater Manchester
    20144.4%
    20134.3%
    20124.5%
    20114.5%
    20104.7%
    Record Year (since 1960) 1990 (5.0%)
    Company Share by Half Year

    In the first half of 2014 Greater Manchester formed 4.4% of all UK companies. This is more than the 2013 figure of 4.3%.

    Half Year (Jan-Jun)Greater Manchester
    20144.4%
    20134.3%
    20124.5%
    20114.5%
    20104.7%
    Record Year (since 1960) 1990 (5.0%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Greater Manchester formed 4.3% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Greater Manchester
    20144.3%
    20134.3%
    20124.4%
    20114.5%
    20104.7%
    Record Year (since 1960) 2009 (5.0%)
    Company Share by Quarter

    In the second quarter of 2014, Greater Manchester formed 4.3% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Greater Manchester
    20144.3%
    20134.3%
    20124.4%
    20114.5%
    20104.7%
    Record Year (since 1960) 2009 (5.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20144.4%4.2%4.5%
    UK formation share in 20134.4%4.4%4.1%
    % change0.3%-3.4%8.4%
    Record Year1990 (5.2%)1991 (4.9%)2009 (5.0%)
    AprilMayJune
    UK formation share in 20144.4%4.2%4.5%
    UK formation share in 20134.4%4.4%4.1%
    % change0.3%-3.4%8.4%
    Record Year1990 (5.2%)1991 (4.9%)2009 (5.0%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.4.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.5%.

    Director Age by Half Year

    The average age of a director in the first half of 2014 was 42.4.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 42.4.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2014 was 42.4.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Greater Manchester was 2008 when 26.1% of all directors were female.

    23.4% of all director appointments in Greater Manchester in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in Greater Manchester was 2008 when 26.1% of all directors were female.

    23.4% of all director appointments in Greater Manchester in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Greater Manchester was in 2007 when 26.3% of all directors were female.

    23.4% of all director appointments in Greater Manchester in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in Greater Manchester was in 2007 when 26.3% of all directors were female.

    23.4% of all director appointments in Greater Manchester in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.41%CONSULTING5.16%
    CONSULTING2.03%MANAGEMENT4.64%
    CONSULTANCY1.96%CONSULTANCY3.50%
    MANCHESTER1.37%PROPERTY2.66%
    PROPERTY1.25%TRADING2.03%
    ENGINEERING1.20%ENGINEERING1.99%
    TRADING1.19%CONSTRUCTION1.93%
    PROPERTIES1.17%LONDON1.93%
    CARE1.15%CARE1.85%
    CONSULTANTS0.97%DESIGN1.75%
    BUSINESS0.89%CONSULTANTS1.73%
    TRANSPORT0.85%BUSINESS1.69%
    MEDIA0.82%PROPERTIES1.63%
    MEDICAL0.81%TRANSPORT1.58%
    DESIGN0.80%GLOBAL1.55%
    ASSOCIATES0.78%INVESTMENTS1.55%
    ELECTRICAL0.78%J1.51%
    CONSTRUCTION0.77%ASSOCIATES1.48%
    INVESTMENTS0.77%MEDIA1.44%
    J0.76%ELECTRICAL1.40%
    MARKETING0.75%IT1.33%
    DEVELOPMENTS0.75%DEVELOPMENTS1.33%
    HOUSE0.73%BUILDING1.26%
    M0.71%M1.24%
    PROJECT0.69%CO.,1.20%
    wordpercentageuk worduk percentage
    MANAGEMENT2.40%CONSULTING5.16%
    CONSULTING2.05%MANAGEMENT4.64%
    CONSULTANCY1.97%CONSULTANCY3.49%
    MANCHESTER1.37%PROPERTY2.66%
    PROPERTY1.26%TRADING2.03%
    ENGINEERING1.21%ENGINEERING1.99%
    TRADING1.20%LONDON1.93%
    PROPERTIES1.15%CONSTRUCTION1.93%
    CARE1.15%CARE1.85%
    CONSULTANTS0.97%DESIGN1.75%
    BUSINESS0.89%CONSULTANTS1.73%
    TRANSPORT0.85%BUSINESS1.69%
    MEDIA0.81%PROPERTIES1.63%
    MEDICAL0.80%TRANSPORT1.58%
    CONSTRUCTION0.79%GLOBAL1.55%
    DESIGN0.79%INVESTMENTS1.55%
    ELECTRICAL0.79%J1.50%
    ASSOCIATES0.78%ASSOCIATES1.48%
    INVESTMENTS0.77%MEDIA1.44%
    DEVELOPMENTS0.75%ELECTRICAL1.40%
    J0.75%IT1.33%
    HOUSE0.74%DEVELOPMENTS1.33%
    MARKETING0.74%BUILDING1.26%
    M0.71%M1.23%
    IT0.69%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied12,740261,557
    82990 - Other business support service activities not elsewhere classified3,28957,421
    99999 - Dormant Company1,99548,436
    96090 - Other service activities not elsewhere classified1,44328,352
    70229 - Management consultancy activities other than financial management1,39340,250
    62020 - Information technology consultancy activities91829,029
    74909 - Other professional, scientific and technical activities not elsewhere classified77519,058
    47910 - Retail sale via mail order houses or via Internet5799,900
    86900 - Other human health activities56311,292
    68209 - Other letting and operating of own or leased real estate55510,133
    56101 - Licensed restaurants5268,585
    62090 - Other information technology service activities50413,024
    56103 - Take-away food shops and mobile food stands4867,840
    74990 - Non-trading company46714,351
    41100 - Development of building projects42210,527
    43999 - Other specialised construction activities not elsewhere classified3918,533
    68100 - Buying and selling of own real estate3646,413
    86210 - General medical practice activities3404,176
    96020 - Hairdressing and other beauty treatment3266,631
    62012 - Business and domestic software development3249,834
    sic codenumber of companiesuk companies
    None Supplied12,624259,495
    82990 - Other business support service activities not elsewhere classified3,30157,459
    99999 - Dormant Company1,96448,126
    96090 - Other service activities not elsewhere classified1,44128,340
    70229 - Management consultancy activities other than financial management1,40240,375
    62020 - Information technology consultancy activities92129,145
    74909 - Other professional, scientific and technical activities not elsewhere classified77719,026
    47910 - Retail sale via mail order houses or via Internet5869,940
    86900 - Other human health activities57211,353
    68209 - Other letting and operating of own or leased real estate56310,262
    56101 - Licensed restaurants5258,651
    62090 - Other information technology service activities50513,042
    56103 - Take-away food shops and mobile food stands4947,892
    74990 - Non-trading company46014,184
    41100 - Development of building projects42610,664
    43999 - Other specialised construction activities not elsewhere classified3928,555
    68100 - Buying and selling of own real estate3656,441
    86210 - General medical practice activities3414,190
    96020 - Hairdressing and other beauty treatment3276,665
    62012 - Business and domestic software development3249,875

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09026016 SUPPORTIVESTEM LTD 06 May 2014
    09028561 ACTIVITY WORKS 07 May 2014
    09019878 DMS RENTALS LIMITED 01 May 2014
    09020524 STRATEGY WEALTH MANAGEMENT LTD 01 May 2014
    09024239 SCAFFOLDING 365 LIMITED 06 May 2014
    09029971 MAM WEALTH MANAGEMENT LIMITED 08 May 2014
    09054118 HULK SCAFFOLDING LIMITED 23 May 2014
    09063156 EXCEL EXCAVATIONS (NW) LTD 30 May 2014
    09020416 BIG APPLE MARKETING LTD 01 May 2014
    09020802 HALFAPIXEL LIMITED 01 May 2014
    09025466 GARCO RAIL LTD 06 May 2014
    09027664 CRAZYCRYSTAL LTD. 07 May 2014
    09027883 AUTO BREAKERS (UK) LTD 07 May 2014
    09033458 J & N RENOVATIONS LTD 12 May 2014
    09054400 DEANSGATE TRADING LIMITED 23 May 2014
    09056609 GLITTERIZE LIMITED 27 May 2014
    09057157 HARRINGTONS CHILDCARE CENTRES LIMITED 27 May 2014
    09057921 FWA CONSULTANCY LTD 27 May 2014
    09058053 ANDYIANRILEY LIMITED 27 May 2014
    09059829 ROWE HANKINS (HOLDINGS) LIMITED 28 May 2014
    09021268 NANIMT LIMITED 01 May 2014
    09021751 BIAURA LIMITED 01 May 2014
    09022997 F & P CIVIL ENGINEERING LIMITED 02 May 2014
    09023218 OKOYE BEN 0474 LIMITED 02 May 2014
    09025408 OVATION STRUCTURES LIMITED 06 May 2014