Lancashire
2012 Annual Business Confidence Report
Headlines
- 2012 was a record year for company registrations in Lancashire when compared to any year in history.
- December 2012 saw a new record in company registrations in Lancashire when compared to any previous December.
- October 2012 saw a new record in company registrations in Lancashire when compared to any previous October.
- October 2012 saw a new record in company closures in Lancashire when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
2012 was a record year for company registrations in Lancashire when compared to any year in history.
A total of 8,585 companies were formed in Lancashire in 2012. This total is 3.8% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Lancashire UK 2012 8,585 491,893 2011 8,269 452,870 2010 6,578 400,358 2009 6,127 362,675 2008 5,991 349,203 Record Year 2012 (8,585) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 3,995 companies were formed in Lancashire. This figure is 2.0% lower than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Lancashire occurred in 2011 when a total of 4,078 were formed.
Half Year (Jul-Dec) Lancashire UK 2012 3,995 238,743 2011 4,078 224,135 % change -2.0% 6.5% Record Year 2011 (4,078) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 1,973 companies were registered in Lancashire during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 0.5% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Lancashire UK 2012 1,973 119,875 2011 1,983 109,623 % change -0.5% 9.4% Record Year 2011 (1,983) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
December 2012 saw a new record in company registrations in Lancashire when compared to any previous December.
October 2012 saw a new record in company registrations in Lancashire when compared to any previous October.
New Companies by Month
October November December New companies in 2012 740 722 511 New companies in 2011 736 747 500 % change 0.5% -3.3% 2.2% Record Year 2012 (740) 2011 (747) 2012 (511)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 5,058 companies were dissolved in Lancashire in 2012. This total is 3.0% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Lancashire UK 2012 5,058 293,728 2011 4,911 314,524 2010 5,758 342,233 2009 7,745 533,787 2008 3,236 237,873 Record Year 2009 (7,745) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 2,625 companies were dissolved in Lancashire. This figure is 3.1% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Lancashire occurred in 2009 when a total of 3,775 were closed.
Half Year (Jul-Dec) Lancashire UK 2012 2,625 145,934 2011 2,547 152,213 % change 3.1% -4.1% Record Year 2009 (3,775) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 1,253 companies were dissolved in Lancashire during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 11.8% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Lancashire UK 2012 1,253 70,026 2011 1,421 79,983 % change -11.8% -12.4% Record Year 2009 (1,756) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Lancashire when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 594 448 211 Closed companies in 2011 317 565 539 % change 87.4% -20.7% -61% Record Year 2012 (594) 2009 (647) 2009 (594)
Net Company Growth
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Annual Data (2012)
A total of 3,527 companies were added to the company register for Lancashire in 2012. This number represents growth of 42.7% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 169 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Lancashire company register grew by 5,171 companies.
Year Lancashire UK 2012 3,527 198,165 2011 3,358 138,346 2010 820 58,125 2009 -1,618 -171,112 2008 2,755 111,330 Record Year 2003 (5,171) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Lancashire increased by 1,370 companies.
Half Year (Jul-Dec) Lancashire UK 2012 1,370 92,809 2011 1,531 71,922 Record Year 2003 (2,665) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Lancashire during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 720 companies.
fourth quarter (Oct 2012 - Dec 2012) Lancashire UK 2012 720 49,849 2011 562 29,640 Record Year 2003 (1,211) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 146 274 300 Net growth in 2011 419 182 -39 Record Year 2003 (527) 2003 (375) 2003 (309)
UK Company Share
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Annual Data (2012)
In 2012 Lancashire formed 1.7% of all UK companies. This is a decline on 2011 when Lancashire was responsible for 1.8% of all UK companies.
Year Lancashire 2012 1.7% 2011 1.8% 2010 1.6% 2009 1.7% 2008 1.7% Record Year (since 1960) 2000 (2.1%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Lancashire formed 1.7% of all UK companies. This is less than the 2011 figure of 1.8%.
Half Year (Jul-Dec) Lancashire 2012 1.7% 2011 1.8% 2010 1.6% 2009 1.7% 2008 1.7% Record Year (since 1960) 2000 (2.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Lancashire formed 1.6% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Lancashire 2012 1.6% 2011 1.8% 2010 1.6% 2009 1.6% 2008 1.7% Record Year (since 1960) 2002 (2.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 1.6% 1.7% 1.6% UK formation share in 2011 1.9% 1.9% 1.6% % change -15.5% -8.0% -0.5% Record Year 1966 (2.9%) 2002 (2.1%) 1963 (2.3%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 43.3.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 42.9.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 43.1.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Lancashire was 1860 when 35.7% of all directors were female.
The percentage of female directors in Lancashire in 2012 was 34.6%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Lancashire was 1860 when 42.9% of all directors were female.
26.6% of all director appointments in Lancashire in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Lancashire was in 1977 when 31.2% of all directors were female.
25.3% of all director appointments in Lancashire in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.25% CONSULTING 5.15% CONSULTING 1.90% MANAGEMENT 4.78% ENGINEERING 1.58% CONSULTANCY 3.31% CONSULTANCY 1.43% PROPERTY 2.40% PROPERTY 1.09% TRADING 2.03% DESIGN 1.00% DESIGN 1.86% BUSINESS 1.00% ASSOCIATES 1.82% ELECTRICAL 0.97% ENGINEERING 1.79% M 0.87% BUSINESS 1.76% DEVELOPMENTS 0.85% CONSULTANTS 1.75% J 0.85% CONSTRUCTION 1.69% CONSULTANTS 0.79% LONDON 1.69% (NW) 0.74% MEDIA 1.69% IT 0.72% GLOBAL 1.59% ASSOCIATES 0.71% J 1.57% WEST 0.70% INVESTMENTS 1.46% CONSTRUCTION 0.69% IT 1.43% CARE 0.69% CARE 1.39% PROPERTIES 0.68% PROPERTIES 1.34% NORTH 0.66% M 1.26% MEDIA 0.66% BUILDING 1.23% MARKETING 0.60% ENTERPRISES 1.21% S 0.60% TRAINING 1.18% TRAINING 0.59% ELECTRICAL 1.17% TRADING 0.59% SECURITY 1.17%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 3,949 236,139 82990 - Other business support service activities not elsewhere classified 762 52,427 99999 - Dormant Company 588 40,648 70229 - Management consultancy activities other than financial management 452 30,396 62020 - Information technology consultancy activities 433 23,256 96090 - Other service activities not elsewhere classified 381 22,058 74909 - Other professional, scientific and technical activities not elsewhere classified 294 15,572 7487 - Other business activities 198 10,703 62090 - Other information technology service activities 193 12,291 74990 - Non-trading company 188 13,808 86900 - Other human health activities 164 7,866 43210 - Electrical installation 144 5,304 71129 - Other engineering activities 142 3,763 69201 - Accounting and auditing activities 139 6,177 47910 - Retail sale via mail order houses or via Internet 130 6,307 62012 - Business and domestic software development 129 7,446 45200 - Maintenance and repair of motor vehicles 127 4,290 68209 - Other letting and operating of own or leased real estate 123 6,971 56302 - Public houses and bars 122 4,543 49410 - Freight transport by road 119 5,165
Recent Companies
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Randomly selected companies from this quarter
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