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Greater Manchester

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Greater Manchester when compared to any previous September.
  • July 2014 saw a new record in company registrations in Greater Manchester when compared to any previous July.
  • September 2014 saw a new record in company registrations in Greater Manchester when compared to any previous September.
  • July 2014 saw a new record in company registrations in Greater Manchester when compared to any previous July.
  • July 2014 saw a new record in company closures in Greater Manchester when compared to any previous July.
  • July 2014 saw a new record in company closures in Greater Manchester when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in Greater Manchester when compared to any previous Q3.

    A total of 6,379 companies were registered in Greater Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 10.0% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater ManchesterUK
    20146,379143,414
    20135,800132,684
    % change10.0%8.1%
    Record Year 2014 (6,379) 2014 (143,414)
    New Companies by Quarter

    A total of 6,379 companies were registered in Greater Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 10.0% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater ManchesterUK
    20146,379143,414
    20135,800132,684
    % change10.0%8.1%
    Record Year 2014 (6,379) 2014 (143,414)
    New Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 20142,2491,8882,242
    New companies in 20132,0191,9011,880
    % change11.4%-0.7%19.3%
    Record Year2014 (2,249)2013 (1,901)2014 (2,242)
    JulyAugustSeptember
    New companies in 20142,2491,8882,242
    New companies in 20132,0191,9011,880
    % change11.4%-0.7%19.3%
    Record Year2014 (2,249)2013 (1,901)2014 (2,242)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 5,258 companies were dissolved in Greater Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 3.4% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater ManchesterUK
    20145,258101,670
    20135,08586,170
    % change3.4%18.0%
    Record Year 2009 (5,883) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 5,258 companies were dissolved in Greater Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 3.4% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Greater ManchesterUK
    20145,258101,670
    20135,08586,170
    % change3.4%18.0%
    Record Year 2009 (5,883) 2009 (159,405)
    Dissolved Companies by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 20141,7981,6021,858
    Closed companies in 20131,4091,0902,586
    % change27.6%47.0%-28%
    Record Year2014 (1,798)2008 (2,199)2009 (2,898)
    JulyAugustSeptember
    Closed companies in 20141,7981,6021,858
    Closed companies in 20131,4091,0902,586
    % change27.6%47.0%-28%
    Record Year2014 (1,798)2008 (2,199)2009 (2,898)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Greater Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014) was 1,121 companies.

    third quarter (Jul 2014 - Sep 2014)Greater ManchesterUK
    20141,12141,744
    201371546,514
    Record Year 2006 (2,154) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for Greater Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014) was 1,121 companies.

    third quarter (Jul 2014 - Sep 2014)Greater ManchesterUK
    20141,12141,744
    201371546,514
    Record Year 2006 (2,154) 2013 (46,514)
    Net Growth by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014451286384
    Net growth in 2013610811-706
    Record Year2008 (1,198)2013 (811)2008 (998)
    JulyAugustSeptember
    Net growth in 2014451286384
    Net growth in 2013610811-706
    Record Year2008 (1,198)2013 (811)2008 (998)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Greater Manchester
    20144.4%
    20134.4%
    20124.6%
    20114.7%
    20104.9%
    Record Year (since 1960) 1990 (4.9%)
    Company Share by Quarter

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

    third quarter (Jul 2014 - Sep 2014)Greater Manchester
    20144.4%
    20134.4%
    20124.6%
    20114.7%
    20104.9%
    Record Year (since 1960) 1990 (4.9%)
    Company Share by Quarter

  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20144.4%4.3%4.6%
    UK formation share in 20134.4%4.6%4.2%
    % change1.2%-5.3%9.4%
    Record Year1990 (5.0%)2009 (5.1%)2008 (5.2%)
    JulyAugustSeptember
    UK formation share in 20144.4%4.3%4.6%
    UK formation share in 20134.4%4.6%4.2%
    % change1.2%-5.3%9.4%
    Record Year1990 (5.0%)2009 (5.1%)2008 (5.2%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 42.0.

    The percentage of directors under the age of 25 was 3.1% 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 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 42.0.

    The percentage of directors under the age of 25 was 3.1% 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 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Greater Manchester was in 2007 when 31.8% of all directors were female.

    23.8% of all director appointments in Greater Manchester in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in Greater Manchester was in 2007 when 31.8% of all directors were female.

    23.8% of all director appointments in Greater Manchester in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.44%CONSULTING5.17%
    CONSULTING2.05%MANAGEMENT4.63%
    CONSULTANCY1.92%CONSULTANCY3.55%
    MANCHESTER1.33%PROPERTY2.62%
    PROPERTY1.25%ENGINEERING2.07%
    ENGINEERING1.24%CONSTRUCTION2.05%
    CARE1.19%TRADING2.00%
    PROPERTIES1.16%LONDON1.95%
    TRADING1.16%CARE1.94%
    CONSULTANTS0.89%TRANSPORT1.76%
    MEDICAL0.89%DESIGN1.70%
    TRANSPORT0.86%CONSULTANTS1.70%
    CONSTRUCTION0.86%PROPERTIES1.63%
    BUSINESS0.83%BUSINESS1.62%
    ASSOCIATES0.82%J1.53%
    DEVELOPMENTS0.82%ELECTRICAL1.53%
    ELECTRICAL0.81%GLOBAL1.51%
    DESIGN0.80%INVESTMENTS1.50%
    MEDIA0.79%ASSOCIATES1.48%
    HOUSE0.77%MEDIA1.38%
    PROJECT0.75%CO.,1.36%
    MARKETING0.75%DEVELOPMENTS1.35%
    INVESTMENTS0.74%BUILDING1.30%
    J0.71%IT1.30%
    M0.69%M1.23%
    wordpercentageuk worduk percentage
    MANAGEMENT2.44%CONSULTING5.18%
    CONSULTING2.06%MANAGEMENT4.63%
    CONSULTANCY1.92%CONSULTANCY3.54%
    MANCHESTER1.32%PROPERTY2.63%
    PROPERTY1.25%ENGINEERING2.08%
    ENGINEERING1.25%CONSTRUCTION2.05%
    CARE1.19%TRADING2.01%
    TRADING1.17%LONDON1.95%
    PROPERTIES1.15%CARE1.94%
    CONSULTANTS0.89%TRANSPORT1.76%
    MEDICAL0.88%DESIGN1.70%
    TRANSPORT0.87%CONSULTANTS1.69%
    CONSTRUCTION0.86%PROPERTIES1.63%
    BUSINESS0.83%BUSINESS1.63%
    DEVELOPMENTS0.82%ELECTRICAL1.53%
    ASSOCIATES0.81%J1.53%
    ELECTRICAL0.81%GLOBAL1.52%
    DESIGN0.79%INVESTMENTS1.50%
    MEDIA0.79%ASSOCIATES1.48%
    HOUSE0.77%MEDIA1.38%
    INVESTMENTS0.74%CO.,1.36%
    MARKETING0.74%DEVELOPMENTS1.35%
    PROJECT0.72%BUILDING1.30%
    M0.69%IT1.30%
    J0.69%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied13,530278,481
    82990 - Other business support service activities not elsewhere classified3,04157,264
    99999 - Dormant Company1,94648,286
    96090 - Other service activities not elsewhere classified1,45928,224
    70229 - Management consultancy activities other than financial management1,40540,717
    62020 - Information technology consultancy activities94029,313
    74909 - Other professional, scientific and technical activities not elsewhere classified76818,890
    86900 - Other human health activities59811,807
    47910 - Retail sale via mail order houses or via Internet5819,914
    68209 - Other letting and operating of own or leased real estate57410,361
    56101 - Licensed restaurants5298,546
    56103 - Take-away food shops and mobile food stands5087,917
    62090 - Other information technology service activities48412,795
    74990 - Non-trading company47214,006
    41100 - Development of building projects41110,604
    68100 - Buying and selling of own real estate3746,595
    43999 - Other specialised construction activities not elsewhere classified3558,501
    86210 - General medical practice activities3404,406
    62012 - Business and domestic software development3239,675
    96020 - Hairdressing and other beauty treatment3206,630
    sic codenumber of companiesuk companies
    None Supplied12,737263,052
    82990 - Other business support service activities not elsewhere classified3,10458,078
    99999 - Dormant Company1,96348,811
    96090 - Other service activities not elsewhere classified1,48028,864
    70229 - Management consultancy activities other than financial management1,43541,421
    62020 - Information technology consultancy activities95329,780
    74909 - Other professional, scientific and technical activities not elsewhere classified78319,117
    86900 - Other human health activities61812,105
    68209 - Other letting and operating of own or leased real estate59510,684
    47910 - Retail sale via mail order houses or via Internet59510,125
    56101 - Licensed restaurants5338,789
    56103 - Take-away food shops and mobile food stands5248,165
    62090 - Other information technology service activities49512,999
    74990 - Non-trading company46814,053
    41100 - Development of building projects42710,983
    68100 - Buying and selling of own real estate3786,772
    43999 - Other specialised construction activities not elsewhere classified3668,701
    86210 - General medical practice activities3474,502
    62012 - Business and domestic software development3329,848
    96020 - Hairdressing and other beauty treatment3276,781

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09109257 AUTO LEGAL CONNECT LTD 01 Jul 2014
    09118426 GROGAN HAMER LTD 07 Jul 2014
    09143773 MOUNFIELD INDUSTRIES LIMITED 23 Jul 2014
    09117679 THE FINAL METRE SALES TRAINING LTD 07 Jul 2014
    09137772 DPM SYSTEMS LIMITED 18 Jul 2014
    09146061 KMHI LIMITED 24 Jul 2014
    09148367 BOB HAMMOND COMMUNICATIONS LIMITED 25 Jul 2014
    09151571 AMCINVENTORY LIMITED 29 Jul 2014
    09114448 CLAYBROS LIMITED 03 Jul 2014
    09115639 INLAND LOGISTICS LTD 03 Jul 2014
    09116321 KRISTI HEALTHCARE LIMITED 04 Jul 2014
    09121607 INRAD SYSTEMS LIMITED 08 Jul 2014
    09122060 XTRANSCORP LTD 08 Jul 2014
    09123820 SECONDSKIN DEVICE ARMOUR LTD 10 Jul 2014
    09127917 RENMED LTD 14 Jul 2014
    09129457 H&M ELECTROMECH LTD 14 Jul 2014
    09131363 SIX SIGMA INVESTMENTS (PORTUGAL) LIMITED 15 Jul 2014
    09133806 DENIS WRIGLEY ENGINEERING LIMITED 16 Jul 2014
    09136070 SCHUBERT WINDOWS & CONSTRUCTION LTD 17 Jul 2014
    09137032 M BREARLEY MOTOR BODIES LIMITED 18 Jul 2014
    09138370 CJMAC ENGINEERING LTD 18 Jul 2014
    09143297 J D & SON (MOTORS) LTD 23 Jul 2014
    09148661 RATES ADVICE LINE LIMITED 28 Jul 2014
    09149153 BLUTAIL CONSULTING LIMITED 28 Jul 2014
    09150327 OVALWORLD RETAIL LIMITED 28 Jul 2014

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