Lancashire

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Lancashire when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Lancashire when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in Lancashire when compared to any previous Q4.
  • December 2013 saw a new record in company registrations in Lancashire when compared to any previous December.
  • October 2013 saw a new record in company registrations in Lancashire when compared to any previous October.
  • October 2013 saw a new record in company closures in Lancashire when compared to any previous October.

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. Annual Data (2013)

    2013 was a record year for company registrations in Lancashire when compared to any year in history.

    A total of 9,037 companies were formed in Lancashire in 2013. This total is 5.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearLancashireUK
    20139,037529,363
    20128,583491,893
    20118,269452,870
    20106,578400,358
    20096,127362,675
    Record Year2013 (9,037)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Lancashire when compared to any previous second half year.

    In the second half of 2013 a total of 4,362 companies were formed in Lancashire. This figure is 9.2% higher than last year, which compares well to the UK wide figure of 8.9%.

    The highest total for a second half year in Lancashire occurred in 2013 when a total of 4,362 were formed.

    Half Year (Jul-Dec)LancashireUK
    20134,362259,931
    20123,993238,743
    % change9.2%8.9%
    Record Year2013 (4,362)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in Lancashire when compared to any previous Q4.

    A total of 2,067 companies were registered in Lancashire during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 4.9% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)LancashireUK
    20132,067127,247
    20121,971119,875
    % change4.9%6.1%
    Record Year 2013 (2,067) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company registrations in Lancashire when compared to any previous December.

    October 2013 saw a new record in company registrations in Lancashire when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013821692554
    New companies in 2012740722509
    % change10.9%-4.2%8.8%
    Record Year2013 (821)2011 (747)2013 (554)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 5,783 companies were dissolved in Lancashire in 2013. This total is 14.3% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearLancashireUK
    20135,783332,213
    20125,058293,729
    20114,911314,524
    20105,758342,233
    20097,745533,789
    Record Year2009 (7,745)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 3,324 companies were dissolved in Lancashire. This figure is 26.6% higher than last year, which compares badly to the UK wide change of 21.3%.

    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)LancashireUK
    20133,324177,021
    20122,625145,935
    % change26.6%21.3%
    Record Year2009 (3,775)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 1,600 companies were dissolved in Lancashire during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 27.7% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)LancashireUK
    20131,60090,851
    20121,25370,027
    % change27.7%29.7%
    Record Year 2009 (1,756) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company closures in Lancashire when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013617490493
    Closed companies in 2012594448211
    % change3.9%9.4%134%
    Record Year2013 (617)2009 (647)2009 (594)

Net Company Growth

  1. Annual Data (2013)

    A total of 3,254 companies were added to the company register for Lancashire in 2013. This number represents growth of 36.0% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 271 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Lancashire company register grew by 3,960 companies.

    YearLancashireUK
    20133,254197,150
    20123,525198,164
    20113,358138,346
    201082058,125
    2009-1,618-171,114
    Record Year2007 (3,960)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Lancashire increased by 1,038 companies.

    Half Year (Jul-Dec)LancashireUK
    20131,03882,910
    20121,36892,808
    Record Year2003 (2,665)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Lancashire during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 467 companies.

    fourth quarter (Oct 2013 - Dec 2013)LancashireUK
    201346736,396
    201271849,848
    Record Year 2012 (718) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201320420261
    Net growth in 2012146274298
    Record Year2003 (527)2003 (375)2003 (309)

UK Company Share

  1. Annual Data (2013)

    In 2013 Lancashire formed 1.7% of all UK companies. This is no change on 2012 when Lancashire was responsible for 1.7% of all UK companies.

    YearLancashire
    20131.7%
    20121.7%
    20111.8%
    20101.6%
    20091.7%
    Record Year (since 1960)2000 (2.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Lancashire formed 1.7% of all UK companies. This is the same as the 2012 figure of 1.7%.

    Half Year (Jul-Dec)Lancashire
    20131.7%
    20121.7%
    20111.8%
    20101.6%
    20091.7%
    Record Year (since 1960) 2000 (2.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Lancashire formed 1.6% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Lancashire
    20131.6%
    20121.6%
    20111.8%
    20101.6%
    20091.6%
    Record Year (since 1960) 2002 (2.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20131.7%1.6%1.6%
    UK formation share in 20121.6%1.7%1.6%
    % change3.1%-5.8%-1.0%
    Record Year2002 (2.0%)2002 (2.1%)2002 (1.9%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 43.4.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 43.2.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 43.8.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Lancashire was 1991 when 34.8% of all directors were female.

    The percentage of female directors in Lancashire in 2013 was 26.5%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Lancashire was 2007 when 32.6% of all directors were female.

    27.0% of all director appointments in Lancashire in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Lancashire was in 2007 when 33.4% of all directors were female.

    25.9% of all director appointments in Lancashire in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.14%CONSULTING5.22%
    CONSULTING1.93%MANAGEMENT4.72%
    CONSULTANCY1.77%CONSULTANCY3.45%
    ENGINEERING1.69%PROPERTY2.59%
    PROPERTY1.19%TRADING2.08%
    (NW)1.03%ENGINEERING1.87%
    J0.97%LONDON1.86%
    IT0.92%DESIGN1.76%
    ELECTRICAL0.91%CONSTRUCTION1.73%
    BUSINESS0.85%CARE1.73%
    DESIGN0.81%BUSINESS1.71%
    M0.80%CONSULTANTS1.68%
    CONSULTANTS0.79%GLOBAL1.58%
    PROPERTIES0.79%INVESTMENTS1.56%
    ENERGY0.71%PROPERTIES1.54%
    TRADING0.71%ASSOCIATES1.53%
    MEDIA0.70%J1.51%
    NORTH0.69%MEDIA1.50%
    ASSOCIATES0.68%IT1.35%
    WEST0.67%DEVELOPMENTS1.23%
    BUILDING0.67%M1.23%
    MEDICAL0.66%BUILDING1.21%
    DEVELOPMENTS0.65%ELECTRICAL1.20%
    CARE0.65%CAPITAL1.19%
    LANCASHIRE0.64%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,576266,814
    82990 - Other business support service activities not elsewhere classified77155,342
    99999 - Dormant Company74446,762
    70229 - Management consultancy activities other than financial management64236,164
    62020 - Information technology consultancy activities51027,183
    96090 - Other service activities not elsewhere classified44726,001
    74909 - Other professional, scientific and technical activities not elsewhere classified31918,034
    71129 - Other engineering activities2535,158
    86900 - Other human health activities2029,543
    62090 - Other information technology service activities18812,511
    47910 - Retail sale via mail order houses or via Internet1828,879
    69201 - Accounting and auditing activities1747,075
    43210 - Electrical installation1735,730
    62012 - Business and domestic software development1739,360
    74990 - Non-trading company17014,223
    49410 - Freight transport by road1467,333
    43999 - Other specialised construction activities not elsewhere classified1457,823
    45200 - Maintenance and repair of motor vehicles1454,987
    68209 - Other letting and operating of own or leased real estate1418,733
    56302 - Public houses and bars1305,503

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08762210 M AND G TRADING LTD 05 Nov 2013
    08767573 D.A.D PROPERTY MAINTENANCE LTD 08 Nov 2013
    08769680 CONSERVATORY ROOF INNOVATIONS LTD 11 Nov 2013
    08770081 LEGEND BRIDAL DESIGNS LIMITED 11 Nov 2013
    08773316 EXPOCYCLE LIMITED 13 Nov 2013
    08779723 SAIGON BUFFET LTD 18 Nov 2013
    08782582 EPG BUSINESS LIMITED 19 Nov 2013
    08787477 VITAL TOOLS LTD 22 Nov 2013
    08791964 FLAVOUR WAREHOUSE LIMITED 27 Nov 2013
    08793689 RICHMOND KNIGHTLEY ASSOCIATES LTD 27 Nov 2013
    08796001 FAHDYLOCUMS LTD 29 Nov 2013
    08768959 1ST CHOICE DREAM HOLIDAYS LIMITED 11 Nov 2013
    08782534 CLOUD ACCOUNTING (UK) LIMITED 19 Nov 2013
    08783177 AK CLAIMS SOLUTIONS LTD 20 Nov 2013
    08796889 FINISHED IN STYLE LIMITED 29 Nov 2013
    08781113 A&B TRADERS LTD 19 Nov 2013
    08757961 WHITTLESTONE KITCHENS LTD 01 Nov 2013
    08758014 HU ASSOCIATES LIMITED 01 Nov 2013
    08758629 RICA VIDA LTD. 01 Nov 2013
    08760464 SURE PROFITS LIMITED 04 Nov 2013
    08778061 PDC FINANCE LIMITED 15 Nov 2013
    08784615 K O POWER LIMITED 21 Nov 2013
    08795576 FIRST CLASS YACHT DELIVERIES LTD 29 Nov 2013
    08771993 HURNS BAKERS LIMITED 12 Nov 2013
    08782676 HOT CHIX LIMITED 20 Nov 2013