Lancashire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Lancashire when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Lancashire when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Lancashire when compared to any previous March.
  • March 2015 was a record month for company registrations in Lancashire when compared to any month in history.
  • February 2015 saw a new record in company registrations in Lancashire when compared to any previous February.
  • January 2015 saw a new record in company registrations in Lancashire when compared to any previous January.
  • February 2015 saw a new record in company closures in Lancashire when compared to any previous February.
  • January 2015 saw a new record in net growth in Lancashire when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Lancashire when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Lancashire when compared to any quarter in history.

    A total of 2,914 companies were registered in Lancashire during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 16.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)LancashireUK
    20152,914161,156
    20142,509150,722
    % change16.1%6.9%
    Record Year 2015 (2,914) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Lancashire when compared to any previous March.

    March 2015 was a record month for company registrations in Lancashire when compared to any month in history.

    February 2015 saw a new record in company registrations in Lancashire when compared to any previous February.

    January 2015 saw a new record in company registrations in Lancashire when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20158739371,104
    New companies in 2014799803907
    % change9.3%16.7%21.7%
    Record Year2015 (873)2015 (937)2015 (1,104)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 1,550 companies were dissolved in Lancashire during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 7.6% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)LancashireUK
    20151,55089,523
    20141,44082,370
    % change7.6%8.7%
    Record Year 2009 (1,586) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Lancashire when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015427543580
    Closed companies in 2014503501436
    % change-15.1%8.4%33%
    Record Year2003 (511)2015 (543)2009 (977)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Lancashire during the first quarter of 2015 (Jan 2015 - Mar 2015) was 1,364 companies.

    first quarter (Jan 2015 - Mar 2015)LancashireUK
    20151,36471,633
    20141,06968,352
    Record Year 2007 (1,521) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Lancashire when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015446394524
    Net growth in 2014296302471
    Record Year2015 (446)2012 (464)2007 (753)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Lancashire formed 1.8% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Lancashire
    20151.8%
    20141.7%
    20131.7%
    20121.9%
    20111.9%
    Record Year (since 1960) 2003 (2.0%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20151.8%1.8%1.8%
    UK formation share in 20141.7%1.7%1.6%
    % change7.2%7.5%10.9%
    Record Year2012 (2.0%)2011 (2.1%)2003 (2.1%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.3.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Lancashire was in 2008 when 32.9% of all directors were female.

    25.9% of all director appointments in Lancashire in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING2.11%CONSULTING5.23%
    ENGINEERING2.00%MANAGEMENT4.56%
    MANAGEMENT2.00%CONSULTANCY3.62%
    CONSULTANCY1.70%PROPERTY2.72%
    PROPERTY1.19%CONSTRUCTION2.19%
    ELECTRICAL1.14%CARE2.13%
    CONSTRUCTION1.01%ENGINEERING2.12%
    (NW)1.01%LONDON1.91%
    CARE0.94%TRADING1.88%
    J0.86%TRANSPORT1.82%
    DEVELOPMENTS0.83%ELECTRICAL1.76%
    DESIGN0.82%DESIGN1.65%
    BUSINESS0.80%PROPERTIES1.63%
    IT0.72%CO.,1.58%
    NORTH0.70%J1.55%
    PROPERTIES0.69%CONSULTANTS1.54%
    S0.68%BUSINESS1.49%
    WEST0.67%INVESTMENTS1.49%
    TRADING0.67%GLOBAL1.46%
    CONSULTANTS0.66%ASSOCIATES1.44%
    TRANSPORT0.65%DEVELOPMENTS1.36%
    M0.65%BUILDING1.31%
    ENERGY0.63%IT1.30%
    TRAINING0.60%MEDIA1.28%
    BUILDING0.56%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,532288,953
    70229 - Management consultancy activities other than financial management78343,081
    99999 - Dormant Company70749,474
    82990 - Other business support service activities not elsewhere classified69058,522
    62020 - Information technology consultancy activities57630,825
    96090 - Other service activities not elsewhere classified49929,218
    71129 - Other engineering activities3136,278
    74909 - Other professional, scientific and technical activities not elsewhere classified29119,098
    86900 - Other human health activities28513,990
    47910 - Retail sale via mail order houses or via Internet22110,200
    62090 - Other information technology service activities20112,862
    69201 - Accounting and auditing activities1977,682
    43999 - Other specialised construction activities not elsewhere classified1939,080
    68209 - Other letting and operating of own or leased real estate19111,600
    49410 - Freight transport by road18912,485
    43210 - Electrical installation1786,139
    41100 - Development of building projects17711,863
    56302 - Public houses and bars1656,355
    62012 - Business and domestic software development1649,651
    71121 - Engineering design activities for industrial process and production1521,666

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09464242 COMPASS ARCHITECTURAL CONSULTANTS LTD 02 Mar 2015
    09467366 GF&M GENRAL SERVICES LIMITED 03 Mar 2015
    09470271 NETWORK LOGISTICS LTD 04 Mar 2015
    09471944 ACTIV8 ENERGY SOLUTIONS LIMITED 05 Mar 2015
    09473590 ZEE TECH LTD 05 Mar 2015
    09480742 HITAF POT LIMITED 10 Mar 2015
    09485047 ALTO SUPPLY CHAIN SOLUTIONS LTD 12 Mar 2015
    09485498 INFRASTRUCTURE ADVISORS AND DEVELOPERS LIMITED 12 Mar 2015
    09486397 JAV MEDICALS LTD 12 Mar 2015
    09492742 INTERNATIONAL EDUCATION FRANCHISES LTD 17 Mar 2015
    09493416 FOODIES CATERING LTD 17 Mar 2015
    09496008 WE SUPPLY CARS LTD 18 Mar 2015
    09500459 BISHOPS FINANCIAL PLANNING LIMITED 20 Mar 2015
    09503237 W.O.W. MULTIMEDIA LIMITED 23 Mar 2015
    09503337 JUJU INTERIORS LTD 23 Mar 2015
    09505594 FCS GROUP LIMITED 24 Mar 2015
    09507975 LANCASHIRE IMPORTERS & WHOLESALERS LTD. 25 Mar 2015
    09508728 GLOVERS SWIM SCHOOL LIMITED 25 Mar 2015
    09509263 SRG 57 LIMITED 25 Mar 2015
    09511229 BAU CONSULTANCY LTD 26 Mar 2015
    09513111 IVV LIMITED 26 Mar 2015
    09513202 KLEIGHL LIGHTING UK LIMITED 26 Mar 2015
    09515929 FORT RENTALS LTD 28 Mar 2015
    09518248 ICON BEVERAGES LIMITED 31 Mar 2015
    09518922 KINGSTON DIRECT SUPPLIES LTD 31 Mar 2015