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

  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 (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.

    YearLancashireUK
    20149,763582,051
    20139,037529,363
    20128,583491,893
    20118,269452,870
    20106,578400,358
    Record Year2014 (9,763)2014 (582,051)
    New Companies by Year
  2. 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)LancashireUK
    20144,765281,320
    20134,362259,931
    % change9.2%8.2%
    Record Year2014 (4,765)2014 (281,320)
    New Companies by Half Year
  3. 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)LancashireUK
    20142,313137,906
    20132,067127,247
    % change11.9%8.4%
    Record Year 2014 (2,313) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014904777632
    New companies in 2013821692554
    % change10.1%12.3%14.1%
    Record Year2014 (904)2014 (777)2014 (632)

Closed Companies (dissolved)

  1. 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.

    YearLancashireUK
    20146,392367,937
    20135,783332,213
    20125,058293,729
    20114,911314,524
    20105,758342,233
    Record Year2009 (7,745)2009 (533,789)
    Dissolved Companies by Year
  2. 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)LancashireUK
    20143,329190,730
    20133,324177,021
    % change0.2%7.7%
    Record Year2009 (3,775)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)LancashireUK
    20141,46589,060
    20131,60090,851
    % change-8.4%-2.0%
    Record Year 2009 (1,756) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014405476584
    Closed companies in 2013617490493
    % change-34.4%-2.9%18%
    Record Year2013 (617)2009 (647)2009 (594)

Net Company Growth

  1. 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.

    YearLancashireUK
    20143,371214,114
    20133,254197,150
    20123,525198,164
    20113,358138,346
    201082058,125
    Record Year2007 (3,960)2007 (237,353)
    Net Growth by Year
  2. 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)LancashireUK
    20141,43690,590
    20131,03882,910
    Record Year2003 (2,665)2003 (117,772)
    Net Growth by Half Year
  3. 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)LancashireUK
    201484848,846
    201346736,396
    Record Year 2014 (848) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201449930148
    Net growth in 201320420261
    Record Year2003 (527)2003 (375)2003 (309)

UK Company Share

  1. 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.

    YearLancashire
    20141.7%
    20131.7%
    20121.7%
    20111.8%
    20101.6%
    Record Year (since 1960)2000 (2.1%)
    Company Share by Year
  2. 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
    20141.7%
    20131.7%
    20121.7%
    20111.8%
    20101.6%
    Record Year (since 1960) 2000 (2.4%)
    Company Share by Half Year
  3. 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
    20141.7%
    20131.6%
    20121.6%
    20111.8%
    20101.6%
    Record Year (since 1960) 2002 (2.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.7%1.7%1.6%
    UK formation share in 20131.7%1.6%1.6%
    % change4.7%6.6%-2.4%
    Record Year2002 (2.0%)2002 (2.1%)2002 (1.9%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.10%CONSULTING5.22%
    CONSULTING2.06%MANAGEMENT4.58%
    ENGINEERING1.93%CONSULTANCY3.57%
    CONSULTANCY1.79%PROPERTY2.66%
    PROPERTY1.41%CONSTRUCTION2.12%
    ELECTRICAL1.09%ENGINEERING2.10%
    (NW)1.02%CARE2.02%
    CARE1.02%TRADING1.94%
    CONSTRUCTION0.95%LONDON1.93%
    J0.87%TRANSPORT1.93%
    DEVELOPMENTS0.83%DESIGN1.66%
    NORTH0.74%CONSULTANTS1.64%
    CONSULTANTS0.72%ELECTRICAL1.62%
    IT0.72%PROPERTIES1.62%
    BUSINESS0.72%BUSINESS1.56%
    DESIGN0.71%J1.54%
    TRANSPORT0.71%CO.,1.50%
    WEST0.68%GLOBAL1.49%
    S0.67%INVESTMENTS1.48%
    PROPERTIES0.67%ASSOCIATES1.47%
    BUILDING0.62%DEVELOPMENTS1.35%
    ENERGY0.62%MEDIA1.33%
    TRAINING0.62%IT1.31%
    M0.62%BUILDING1.29%
    MEDIA0.58%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,317265,608
    70229 - Management consultancy activities other than financial management76242,290
    99999 - Dormant Company73848,509
    82990 - Other business support service activities not elsewhere classified70358,068
    62020 - Information technology consultancy activities57230,178
    96090 - Other service activities not elsewhere classified49629,009
    71129 - Other engineering activities3146,132
    74909 - Other professional, scientific and technical activities not elsewhere classified30219,049
    86900 - Other human health activities26512,976
    47910 - Retail sale via mail order houses or via Internet21910,107
    62090 - Other information technology service activities20612,837
    68209 - Other letting and operating of own or leased real estate19611,212
    43999 - Other specialised construction activities not elsewhere classified1928,761
    69201 - Accounting and auditing activities1927,528
    49410 - Freight transport by road18210,842
    43210 - Electrical installation1805,985
    62012 - Business and domestic software development1719,752
    41100 - Development of building projects16911,397
    56302 - Public houses and bars1506,285
    56103 - Take-away food shops and mobile food stands1408,318

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09245143 DESIGNER SOFA VILLAGE LIMITED 02 Oct 2014
    09247345 WOT U LUV LTD 03 Oct 2014
    09247586 COULTHARD CONSTRUCTION LIMITED 03 Oct 2014
    09249359 HILL WARREN CONSULTING LIMITED 06 Oct 2014
    09251877 QUIMBLE SA LTD 07 Oct 2014
    09252228 POSITIVE ENERGY MANAGEMENT LTD 07 Oct 2014
    09254577 PAM TRANS LTD 08 Oct 2014
    09256844 MB CYCLES LTD 09 Oct 2014
    09261113 RAINBOW GARAGES LTD 13 Oct 2014
    09265980 JP PABLO LIMITED 15 Oct 2014
    09268583 JUMPD CUSTOMER ENGINEERING LIMITED 17 Oct 2014
    09270092 FACE - FAMILY AND COMMUNITY ENTERPRISE LTD 20 Oct 2014
    09270986 A1CIVILS LIMITED 20 Oct 2014
    09272334 JPW SKIPTON HOLDINGS LIMITED 20 Oct 2014
    09272403 PRIMA CAPITAL LIMITED 20 Oct 2014
    09273032 YOLO ONLINE LTD 21 Oct 2014
    09279681 FAST FIT TYRE EXHAUST & MOT CENTRE LIMITED 24 Oct 2014
    09281695 JUST VEHICLE LEASING LIMITED 27 Oct 2014
    09283800 KALTEK CONSTRUCTION LIMITED 28 Oct 2014
    09284974 ENGADEL LTD 28 Oct 2014
    09289492 ELSTREE PROPERTY MANAGEMENT LTD 31 Oct 2014
    09244170 WALKERS INTERIORS LIMITED 01 Oct 2014
    09259507 I WHOLESALE FURNITURE LTD 10 Oct 2014
    09265712 INSTOR RETAIL LIMITED 15 Oct 2014
    09267459 SAFEWAY TRAVEL CENTRE LIMITED 16 Oct 2014