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
New Company Registrations
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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) Manchester UK 2010 2,012 105,137 2009 1,788 91,034 % change 12.5% 15.5% Record Year 2007 (2,226) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 562 658 792 New companies in 2009 554 552 682 % change 1.4% 19.2% 16.1% Record Year 2007 (641) 2007 (666) 2007 (919)
Closed Companies (dissolved)
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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) Manchester UK 2010 1,542 82,677 2009 1,934 108,060 % change -20.3% -23.5% Record Year 2009 (1,934) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 434 463 645 Closed companies in 2009 285 390 1,259 % change 52.3% 18.7% -49% Record Year 2010 (434) 2010 (463) 2009 (1,259)
Net Company Growth
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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) Manchester UK 2010 470 22,460 2009 -146 -17,026 Record Year 2007 (1,123) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 128 195 147 Net growth in 2009 269 162 -577 Record Year 2005 (295) 2007 (373) 2008 (565)
UK Company Share
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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 2010 1.9% 2009 2.0% 2008 1.8% 2007 1.3% 2006 1.7% Record Year (since 1960) 1968 (3.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 1.9% 2.0% 1.9% UK formation share in 2009 2.0% 1.9% 1.9% % change -5.9% 2.1% -3.5% Record Year 1983 (3.5%) 1969 (3.6%) 1972 (3.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.38% MANAGEMENT 5.01% MANCHESTER 1.71% CONSULTING 4.60% PROPERTY 1.38% CONSULTANCY 2.87% CONSULTING 1.11% PROPERTY 2.50% INVESTMENTS 1.06% ASSOCIATES 2.04% MEDIA 1.03% TRADING 1.93% TRADING 1.03% DESIGN 1.91% CONSULTANCY 1.01% CONSTRUCTION 1.87% ASSOCIATES 0.96% MEDIA 1.84% DESIGN 0.84% BUSINESS 1.74% BUSINESS 0.75% INTERNATIONAL 1.73% (MANCHESTER) 0.74% CONSULTANTS 1.63% ENGINEERING 0.73% ENGINEERING 1.54% PROPERTIES 0.73% J 1.48% INTERNATIONAL 0.70% LONDON 1.45% GROUP 0.70% INVESTMENTS 1.45% CONSTRUCTION 0.65% GROUP 1.37% SECURITY 0.65% GLOBAL 1.35% J 0.61% PROPERTIES 1.35% MARKETING 0.61% BUILDING 1.34% MEDICAL 0.60% CARE 1.33% CENTRE 0.60% ELECTRICAL 1.30% M 0.59% M 1.28% ENTERPRISES 0.59% SYSTEMS 1.25% GLOBAL 0.59% S 1.23%
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 4,784 228,645 7487 - Other business activities 1,216 74,904 82990 - Other business support service activities not elsewhere classified 419 26,974 9999 - Dormant Company 307 19,948 99999 - Dormant Company 272 13,808 7499 - Non-trading company 195 15,398 7414 - Business & management consultancy 185 17,003 7260 - Other computer related activities 171 10,331 70229 - Management consultancy activities other than financial management 168 14,007 96090 - Other service activities not elsewhere classified 167 8,154 4521 - General construction & civil engineering 139 9,325 9305 - Other service activities 134 9,038 5530 - Restaurants 132 4,798 71129 - Other engineering activities 122 2,152 7222 - Other software consultancy and supply 120 9,659 62020 - Information technology consultancy activities 103 9,943 7011 - Development & sell real estate 101 5,300 74990 - Non-trading company 99 8,149 62090 - Other information technology service activities 99 6,340 74909 - Other professional, scientific and technical activities not elsewhere classified 86 7,143
Recent Companies
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Randomly selected companies from this quarter
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