Lancashire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Lancashire when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Lancashire when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Lancashire when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Lancashire when compared to any previous December.
- November 2014 saw a new record in company registrations in Lancashire when compared to any previous November.
- October 2014 saw a new record in company registrations in Lancashire when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Lancashire when compared to any year in history.
A total of 9,763 companies were formed in Lancashire in 2014. This total is 8.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Lancashire UK 2014 9,763 582,051 2013 9,037 529,363 2012 8,583 491,893 2011 8,269 452,870 2010 6,578 400,358 Record Year 2014 (9,763) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Lancashire when compared to any previous second half year.
In the second half of 2014 a total of 4,765 companies were formed in Lancashire. This figure is 9.2% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Lancashire occurred in 2014 when a total of 4,765 were formed.
Half Year (Jul-Dec) Lancashire UK 2014 4,765 281,320 2013 4,362 259,931 % change 9.2% 8.2% Record Year 2014 (4,765) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Lancashire when compared to any previous Q4.
A total of 2,313 companies were registered in Lancashire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 11.9% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Lancashire UK 2014 2,313 137,906 2013 2,067 127,247 % change 11.9% 8.4% Record Year 2014 (2,313) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Lancashire when compared to any previous December.
November 2014 saw a new record in company registrations in Lancashire when compared to any previous November.
October 2014 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 2014 904 777 632 New companies in 2013 821 692 554 % change 10.1% 12.3% 14.1% Record Year 2014 (904) 2014 (777) 2014 (632)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 6,392 companies were dissolved in Lancashire in 2014. This total is 10.5% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Lancashire UK 2014 6,392 367,937 2013 5,783 332,213 2012 5,058 293,729 2011 4,911 314,524 2010 5,758 342,233 Record Year 2009 (7,745) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 3,329 companies were dissolved in Lancashire. This figure is 0.2% higher than last year, which compares well to the UK wide change of 7.7%.
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 2014 3,329 190,730 2013 3,324 177,021 % change 0.2% 7.7% Record Year 2009 (3,775) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,465 companies were dissolved in Lancashire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 8.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Lancashire UK 2014 1,465 89,060 2013 1,600 90,851 % change -8.4% -2.0% Record Year 2009 (1,756) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 405 476 584 Closed companies in 2013 617 490 493 % change -34.4% -2.9% 18% Record Year 2013 (617) 2009 (647) 2009 (594)
Net Company Growth
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Annual Data (2014)
A total of 3,371 companies were added to the company register for Lancashire in 2014. This number represents growth of 34.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 117 companies higher 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.
Year Lancashire UK 2014 3,371 214,114 2013 3,254 197,150 2012 3,525 198,164 2011 3,358 138,346 2010 820 58,125 Record Year 2007 (3,960) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Lancashire increased by 1,436 companies.
Half Year (Jul-Dec) Lancashire UK 2014 1,436 90,590 2013 1,038 82,910 Record Year 2003 (2,665) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Lancashire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 848 companies.
fourth quarter (Oct 2014 - Dec 2014) Lancashire UK 2014 848 48,846 2013 467 36,396 Record Year 2014 (848) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 499 301 48 Net growth in 2013 204 202 61 Record Year 2003 (527) 2003 (375) 2003 (309)
UK Company Share
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Annual Data (2014)
In 2014 Lancashire formed 1.7% of all UK companies. This is no change on 2013 when Lancashire was responsible for 1.7% of all UK companies.
Year Lancashire 2014 1.7% 2013 1.7% 2012 1.7% 2011 1.8% 2010 1.6% Record Year (since 1960) 2000 (2.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Lancashire formed 1.7% of all UK companies. This is the same as the 2013 figure of 1.7%.
Half Year (Jul-Dec) Lancashire 2014 1.7% 2013 1.7% 2012 1.7% 2011 1.8% 2010 1.6% Record Year (since 1960) 2000 (2.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Lancashire formed 1.7% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Lancashire 2014 1.7% 2013 1.6% 2012 1.6% 2011 1.8% 2010 1.6% Record Year (since 1960) 2002 (2.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 1.7% 1.7% 1.6% UK formation share in 2013 1.7% 1.6% 1.6% % change 4.7% 6.6% -2.4% Record Year 2002 (2.0%) 2002 (2.1%) 2002 (1.9%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.2.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.7.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.7.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 26.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Lancashire was 2007 when 32.6% of all directors were female.
26.5% of all director appointments in Lancashire in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Lancashire was in 2007 when 33.4% of all directors were female.
26.3% of all director appointments in Lancashire in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.10% CONSULTING 5.22% CONSULTING 2.06% MANAGEMENT 4.58% ENGINEERING 1.93% CONSULTANCY 3.57% CONSULTANCY 1.79% PROPERTY 2.66% PROPERTY 1.41% CONSTRUCTION 2.12% ELECTRICAL 1.09% ENGINEERING 2.10% (NW) 1.02% CARE 2.02% CARE 1.02% TRADING 1.94% CONSTRUCTION 0.95% LONDON 1.93% J 0.87% TRANSPORT 1.93% DEVELOPMENTS 0.83% DESIGN 1.66% NORTH 0.74% CONSULTANTS 1.64% CONSULTANTS 0.72% ELECTRICAL 1.62% IT 0.72% PROPERTIES 1.62% BUSINESS 0.72% BUSINESS 1.56% DESIGN 0.71% J 1.54% TRANSPORT 0.71% CO., 1.50% WEST 0.68% GLOBAL 1.49% S 0.67% INVESTMENTS 1.48% PROPERTIES 0.67% ASSOCIATES 1.47% BUILDING 0.62% DEVELOPMENTS 1.35% ENERGY 0.62% MEDIA 1.33% TRAINING 0.62% IT 1.31% M 0.62% BUILDING 1.29% MEDIA 0.58% M 1.22%
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 4,317 265,608 70229 - Management consultancy activities other than financial management 762 42,290 99999 - Dormant Company 738 48,509 82990 - Other business support service activities not elsewhere classified 703 58,068 62020 - Information technology consultancy activities 572 30,178 96090 - Other service activities not elsewhere classified 496 29,009 71129 - Other engineering activities 314 6,132 74909 - Other professional, scientific and technical activities not elsewhere classified 302 19,049 86900 - Other human health activities 265 12,976 47910 - Retail sale via mail order houses or via Internet 219 10,107 62090 - Other information technology service activities 206 12,837 68209 - Other letting and operating of own or leased real estate 196 11,212 43999 - Other specialised construction activities not elsewhere classified 192 8,761 69201 - Accounting and auditing activities 192 7,528 49410 - Freight transport by road 182 10,842 43210 - Electrical installation 180 5,985 62012 - Business and domestic software development 171 9,752 41100 - Development of building projects 169 11,397 56302 - Public houses and bars 150 6,285 56103 - Take-away food shops and mobile food stands 140 8,318
Recent Companies
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Randomly selected companies from this quarter
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