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
    09298028 HUSSAIN ASHRAT JABBAR 0670 LIMITED 06 Nov 2014
    09302677 COMFORT DESIGN ZONE LTD 10 Nov 2014
    09306935 LONDON EDMK LIMITED 12 Nov 2014
    09306973 MALIK OVERSEAS LIMITED 12 Nov 2014
    09312635 CSC (EDENTUBBER) LTD 14 Nov 2014
    09314787 EKKHOS LIMITED 17 Nov 2014
    09317769 BORN2SKI & TRAVEL LTD 19 Nov 2014
    09321270 A-Z PARTNERSHIP (UK) LIMITED 20 Nov 2014
    09323976 P&R CLEANING SERVICES 24 Nov 2014
    09324528 HTTPS://COMPANY4SALE.CO.UK LTD 24 Nov 2014
    09327232 EASY AS PIE LTD 25 Nov 2014
    09327509 CAR SUPERMARKET LTD 25 Nov 2014
    09328041 NEED A HOTEL LTD 26 Nov 2014
    09328224 PLEASURE ME LTD 26 Nov 2014
    09328517 VAT (UK) LTD 26 Nov 2014
    09329334 TOYS (UK) LTD 26 Nov 2014
    09329802 KARWAN FOODS LIMITED 27 Nov 2014
    09331300 REECONSULTANCY LTD 27 Nov 2014
    09332395 MUSLIM (UK) LTD 28 Nov 2014
    09294448 WEB WEB DESIGN (U.K) LTD. 04 Nov 2014
    09309426 CHEAPER MARKET LTD 13 Nov 2014
    09314127 3P AUTO LTD 17 Nov 2014
    09322204 BLACKBURN MOTORS LIMITED 21 Nov 2014
    09330576 BALAJI HOSPITALITY LIMITED 27 Nov 2014
    09307999 GARDNER PROPERTY LTD 12 Nov 2014