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Greater Manchester

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Greater Manchester when compared to any previous March.
  • March 2015 was a record month for company registrations in Greater Manchester when compared to any month in history.
  • February 2015 saw a new record in company registrations in Greater Manchester when compared to any previous February.
  • January 2015 saw a new record in company registrations in Greater Manchester when compared to any previous January.
  • February 2015 saw a new record in company closures in Greater Manchester when compared to any previous February.
  • January 2015 saw a new record in net growth in Greater Manchester when compared to any previous January.

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 2015)

    Q1 2015 saw a new record in company registrations in Greater Manchester when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Greater Manchester when compared to any quarter in history.

    A total of 7,203 companies were registered in Greater Manchester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 9.5% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Greater ManchesterUK
    20157,203161,156
    20146,578150,722
    % change9.5%6.9%
    Record Year 2015 (7,203) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Greater Manchester when compared to any previous March.

    March 2015 was a record month for company registrations in Greater Manchester when compared to any month in history.

    February 2015 saw a new record in company registrations in Greater Manchester when compared to any previous February.

    January 2015 saw a new record in company registrations in Greater Manchester when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20152,2212,2592,723
    New companies in 20142,0792,0932,406
    % change6.8%7.9%13.2%
    Record Year2015 (2,221)2015 (2,259)2015 (2,723)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 4,203 companies were dissolved in Greater Manchester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 3.0% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Greater ManchesterUK
    20154,20389,523
    20144,07982,370
    % change3.0%8.7%
    Record Year 2009 (4,775) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Greater Manchester when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20151,1021,4501,651
    Closed companies in 20141,4161,4231,240
    % change-22.2%1.9%33%
    Record Year2011 (1,572)2015 (1,450)2009 (2,908)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Greater Manchester during the first quarter of 2015 (Jan 2015 - Mar 2015) was 3,000 companies.

    first quarter (Jan 2015 - Mar 2015)Greater ManchesterUK
    20153,00071,633
    20142,49968,352
    Record Year 2007 (3,575) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Greater Manchester when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20151,1198091,072
    Net growth in 20146636701,166
    Record Year2015 (1,119)2007 (1,218)2006 (1,904)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Greater Manchester formed 4.5% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Greater Manchester
    20154.5%
    20144.4%
    20134.3%
    20124.5%
    20114.5%
    Record Year (since 1960) 1990 (5.1%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20154.6%4.3%4.5%
    UK formation share in 20144.4%4.3%4.3%
    % change4.8%-0.6%3.2%
    Record Year1991 (5.4%)1990 (5.2%)2006 (5.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.5.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

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

    24.8% of all director appointments in Greater Manchester in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.42%CONSULTING5.23%
    CONSULTING2.16%MANAGEMENT4.56%
    CONSULTANCY2.06%CONSULTANCY3.62%
    PROPERTY1.45%PROPERTY2.72%
    MANCHESTER1.30%CONSTRUCTION2.19%
    ENGINEERING1.28%CARE2.13%
    CARE1.26%ENGINEERING2.12%
    PROPERTIES1.14%LONDON1.91%
    TRADING1.10%TRADING1.88%
    MEDICAL1.00%TRANSPORT1.82%
    ELECTRICAL0.92%ELECTRICAL1.76%
    CONSTRUCTION0.89%DESIGN1.65%
    HOUSE0.89%PROPERTIES1.63%
    CONSULTANTS0.88%CO.,1.58%
    PROJECT0.88%J1.55%
    DESIGN0.87%CONSULTANTS1.54%
    ASSOCIATES0.85%BUSINESS1.49%
    TRANSPORT0.85%INVESTMENTS1.49%
    M0.78%GLOBAL1.46%
    INVESTMENTS0.78%ASSOCIATES1.44%
    BUSINESS0.77%DEVELOPMENTS1.36%
    MEDIA0.77%BUILDING1.31%
    J0.77%IT1.30%
    GROUP0.77%MEDIA1.28%
    DEVELOPMENTS0.75%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied13,788288,953
    82990 - Other business support service activities not elsewhere classified2,87258,522
    99999 - Dormant Company1,95749,474
    96090 - Other service activities not elsewhere classified1,53929,218
    70229 - Management consultancy activities other than financial management1,49343,081
    62020 - Information technology consultancy activities99530,825
    74909 - Other professional, scientific and technical activities not elsewhere classified74719,098
    86900 - Other human health activities68413,990
    68209 - Other letting and operating of own or leased real estate63311,600
    47910 - Retail sale via mail order houses or via Internet60610,200
    56101 - Licensed restaurants5338,909
    56103 - Take-away food shops and mobile food stands5318,607
    62090 - Other information technology service activities47812,862
    41100 - Development of building projects45311,863
    74990 - Non-trading company44913,794
    68100 - Buying and selling of own real estate4177,450
    86210 - General medical practice activities3694,793
    43999 - Other specialised construction activities not elsewhere classified3639,080
    96020 - Hairdressing and other beauty treatment3356,815
    62012 - Business and domestic software development3349,651

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09391101 AGUAPONICS LTD 15 Jan 2015
    09375307 LANCASHIRE HALAL MEATS LIMITED 06 Jan 2015
    09389647 OFFICE PEOPLE LIMITED 15 Jan 2015
    09398001 FINETUNNEL LIMITED 20 Jan 2015
    09372084 HEALTHCARE DATA SOLUTIONS LIMITED 02 Jan 2015
    09383122 DOXOB MEDIA LIMITED 12 Jan 2015
    09383477 SHAW UP LTD 12 Jan 2015
    09385273 CODUS LIMITED 12 Jan 2015
    09391015 STEPOUT GLOBAL LIMITED 15 Jan 2015
    09391527 KKR CONSTRUCTION LIMITED 15 Jan 2015
    09392085 HEALTH & CARE SOLUTIONS (H&CS) LTD 16 Jan 2015
    09392380 SAMO WORLDWIDE LTD 16 Jan 2015
    09392830 GPI LEADS LIMITED 16 Jan 2015
    09395356 OVK-DESIGN LTD 19 Jan 2015
    09401859 CTID LIMITED 22 Jan 2015
    09408685 NUMQUAM DESISTAS LIMITED 27 Jan 2015
    09408735 NIMBLE REMIT LIMITED 27 Jan 2015
    09414184 SUAVE ENTERPRISE LTD 30 Jan 2015
    09374677 SAE DEVELOPMENTS LTD 06 Jan 2015
    09375879 EVE ASSIST LIMITED 06 Jan 2015
    09376966 NG CONTRACT CODING LIMITED 07 Jan 2015
    09377551 BOO COACHING AND CONSULTING LIMITED 07 Jan 2015
    09378437 ELECTION DATA LTD 07 Jan 2015
    09382265 HYCUBE LIMITED 09 Jan 2015
    09389644 HARRISON'S WORSLEY LIMITED 15 Jan 2015

Duport Associates Ltd