Manchester, Greater Manchester

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Manchester when compared to any previous February.
  • January 2010 saw a new record in company closures in Manchester 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 2010)

    A total of 2,012 companies were registered in Manchester during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 12.5% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)ManchesterUK
    20102,012105,137
    20091,78891,034
    % change12.5%15.5%
    Record Year 2007 (2,226) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010562658792
    New companies in 2009554552682
    % change1.4%19.2%16.1%
    Record Year2007 (641)2007 (666)2007 (919)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 1,542 companies were dissolved in Manchester during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 20.3% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)ManchesterUK
    20101,54282,677
    20091,934108,060
    % change-20.3%-23.5%
    Record Year 2009 (1,934) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Manchester when compared to any previous February.

    January 2010 saw a new record in company closures in Manchester when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010434463645
    Closed companies in 20092853901,259
    % change52.3%18.7%-49%
    Record Year2010 (434)2010 (463)2009 (1,259)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Manchester during the first quarter of 2010 (Jan 2010 - Mar 2010) was 470 companies.

    first quarter (Jan 2010 - Mar 2010)ManchesterUK
    201047022,460
    2009-146-17,026
    Record Year 2007 (1,123) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010128195147
    Net growth in 2009269162-577
    Record Year2005 (295)2007 (373)2008 (565)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Manchester formed 1.9% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Manchester
    20101.9%
    20092.0%
    20081.8%
    20071.3%
    20061.7%
    Record Year (since 1960) 1968 (3.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20101.9%2.0%1.9%
    UK formation share in 20092.0%1.9%1.9%
    % change-5.9%2.1%-3.5%
    Record Year1983 (3.5%)1969 (3.6%)1972 (3.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 42.5.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Manchester was in 1861 when 40.0% of all directors were female.

    21.9% of all director appointments in Manchester in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.38%MANAGEMENT5.01%
    MANCHESTER1.71%CONSULTING4.60%
    PROPERTY1.38%CONSULTANCY2.87%
    CONSULTING1.11%PROPERTY2.50%
    INVESTMENTS1.06%ASSOCIATES2.04%
    MEDIA1.03%TRADING1.93%
    TRADING1.03%DESIGN1.91%
    CONSULTANCY1.01%CONSTRUCTION1.87%
    ASSOCIATES0.96%MEDIA1.84%
    DESIGN0.84%BUSINESS1.74%
    BUSINESS0.75%INTERNATIONAL1.73%
    (MANCHESTER)0.74%CONSULTANTS1.63%
    ENGINEERING0.73%ENGINEERING1.54%
    PROPERTIES0.73%J1.48%
    INTERNATIONAL0.70%LONDON1.45%
    GROUP0.70%INVESTMENTS1.45%
    CONSTRUCTION0.65%GROUP1.37%
    SECURITY0.65%GLOBAL1.35%
    J0.61%PROPERTIES1.35%
    MARKETING0.61%BUILDING1.34%
    MEDICAL0.60%CARE1.33%
    CENTRE0.60%ELECTRICAL1.30%
    M0.59%M1.28%
    ENTERPRISES0.59%SYSTEMS1.25%
    GLOBAL0.59%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,784228,645
    7487 - Other business activities1,21674,904
    82990 - Other business support service activities not elsewhere classified41926,974
    9999 - Dormant Company30719,948
    99999 - Dormant Company27213,808
    7499 - Non-trading company19515,398
    7414 - Business & management consultancy18517,003
    7260 - Other computer related activities17110,331
    70229 - Management consultancy activities other than financial management16814,007
    96090 - Other service activities not elsewhere classified1678,154
    4521 - General construction & civil engineering1399,325
    9305 - Other service activities1349,038
    5530 - Restaurants1324,798
    71129 - Other engineering activities1222,152
    7222 - Other software consultancy and supply1209,659
    62020 - Information technology consultancy activities1039,943
    7011 - Development & sell real estate1015,300
    74990 - Non-trading company998,149
    62090 - Other information technology service activities996,340
    74909 - Other professional, scientific and technical activities not elsewhere classified867,143

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07208005 VOYAGER APPARELS LIMITED 30 Mar 2010
    07207865 CHIANG MAI SPA LIMITED 30 Mar 2010
    07205595 KING'S HOUSE CONFERENCE (GREATER MANCHESTER) LIMITED 29 Mar 2010
    07201135 IMT RECRUITMENT LTD 24 Mar 2010
    07196666 WELLBEING ACADEMY LIMITED 19 Mar 2010
    07195692 BRODY LEE KERSHAW LTD 19 Mar 2010
    07195108 INNOVATIONISTA LIMITED 18 Mar 2010
    07190437 GERACI ENGINEERING LIMITED 16 Mar 2010
    07186275 JEDSOFT LTD 11 Mar 2010
    07185221 CITISCAPE (UK) LTD 10 Mar 2010
    07184273 DIGITAL LYNX LIMITED 10 Mar 2010
    07183740 BRAYFORD AGENCIES LTD 10 Mar 2010
    07178510 RIJO 42 INGREDIENTS LTD 04 Mar 2010
    07176374 URBAN GREEN SPACE LIMITED 03 Mar 2010
    07174336 CHALLENGE 4 CHANGE TRADING LIMITED 02 Mar 2010
    07172163 42-44 SACKVILLE STREET RTM COMPANY LIMITED 01 Mar 2010
    07171843 TIMEWIN LTD 01 Mar 2010
    OC352914 CIRCUS TAVERN PUB LLP 05 Mar 2010
    07210305 HERVIA GROUP LIMITED 31 Mar 2010
    07208249 TRAVELODGE LIMITED 30 Mar 2010
    07200642 SGP IT CONSULTANCY LIMITED 24 Mar 2010
    07195522 HUMMINGBIRD FILM SOUND LIMITED 19 Mar 2010
    07194901 PROJECT ANALYST SOLUTIONS LIMITED 18 Mar 2010
    07185748 KENNEDY ENERGY LIMITED 11 Mar 2010
    07176431 BODHI TREE LIMITED 03 Mar 2010