Manchester, Greater Manchester

2010 Half Year Business Confidence Report

Headlines

  • Q2 2010 saw a new record in company registrations in Manchester when compared to any previous Q2.
  • June 2010 saw a new record in company registrations in Manchester when compared to any previous June.
  • April 2010 saw a new record in company registrations in Manchester when compared to any previous April.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 3,954 companies were formed in Manchester. This figure is 10.8% higher than last year, which compares badly to the UK wide figure of 11.9%.

    The highest total for a first half year in Manchester occurred in 2007 when a total of 4,105 were formed.

    Half Year (Jan-Jun)ManchesterUK
    20103,954203,749
    20093,569182,021
    % change10.8%11.9%
    Record Year2007 (4,105)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company registrations in Manchester when compared to any previous Q2.

    A total of 1,942 companies were registered in Manchester during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 9.0% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)ManchesterUK
    20101,94298,612
    20091,78190,987
    % change9.0%8.4%
    Record Year 2010 (1,942) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company registrations in Manchester when compared to any previous June.

    April 2010 saw a new record in company registrations in Manchester when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2010672564706
    New companies in 2009612547622
    % change9.8%3.1%13.5%
    Record Year2010 (672)2007 (636)2010 (706)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 3,406 companies were dissolved in Manchester. This figure is 33.5% lower than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Manchester occurred in 2009 when a total of 5,123 were closed.

    Half Year (Jan-Jun)ManchesterUK
    20103,406177,631
    20095,123289,236
    % change-33.5%-38.6%
    Record Year2009 (5,123)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 1,864 companies were dissolved in Manchester during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 41.5% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)ManchesterUK
    20101,86494,954
    20093,189181,176
    % change-41.5%-47.6%
    Record Year 2009 (3,189) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010459685720
    Closed companies in 20091,0731,298818
    % change-57.2%-47.2%-12%
    Record Year2009 (1,073)2009 (1,298)2009 (818)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Manchester increased by 548 companies.

    Half Year (Jan-Jun)ManchesterUK
    201054826,118
    2009-1,554-107,215
    Record Year2007 (2,010)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Manchester during the second quarter of 2010 (Apr 2010 - Jun 2010) was 78 companies.

    second quarter (Apr 2010 - Jun 2010)ManchesterUK
    2010783,658
    2009-1,408-90,189
    Record Year 2003 (934) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010213-121-14
    Net growth in 2009-461-751-196
    Record Year2007 (411)2003 (429)2008 (480)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Manchester formed 1.9% of all UK companies. This is less than the 2009 figure of 2.0%.

    Half Year (Jan-Jun)Manchester
    20101.9%
    20092.0%
    20081.8%
    20071.5%
    20061.7%
    Record Year (since 1960) 1982 (2.8%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Manchester formed 2.0% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Manchester
    20102.0%
    20092.0%
    20081.8%
    20071.7%
    20061.6%
    Record Year (since 1960) 1965 (3.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20102.0%1.9%2.0%
    UK formation share in 20092.0%1.9%2.0%
    % change1.0%-1.7%2.1%
    Record Year1965 (3.9%)1969 (3.5%)1982 (3.0%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 42.3.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 42.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

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

    22.1% of all director appointments in Manchester in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Manchester was in 1866 when 66.7% of all directors were female.

    22.3% of all director appointments in Manchester in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.27%MANAGEMENT5.01%
    MANCHESTER1.72%CONSULTING4.79%
    PROPERTY1.27%CONSULTANCY3.02%
    CONSULTING1.22%PROPERTY2.40%
    CONSULTANCY1.19%ASSOCIATES2.02%
    TRADING1.14%TRADING2.01%
    MEDIA0.92%DESIGN1.91%
    ASSOCIATES0.91%CONSTRUCTION1.85%
    DESIGN0.89%MEDIA1.80%
    INVESTMENTS0.86%BUSINESS1.75%
    BUSINESS0.82%CONSULTANTS1.71%
    (MANCHESTER)0.80%INTERNATIONAL1.59%
    PROPERTIES0.75%ENGINEERING1.56%
    MEDICAL0.70%LONDON1.52%
    ENGINEERING0.70%INVESTMENTS1.49%
    GROUP0.69%J1.46%
    M0.67%CARE1.41%
    CONSTRUCTION0.66%GLOBAL1.39%
    SECURITY0.61%PROPERTIES1.35%
    GLOBAL0.60%BUILDING1.33%
    CENTRE0.60%M1.29%
    BUILDING0.57%IT1.28%
    CONSULTANTS0.56%ELECTRICAL1.27%
    ENTERPRISES0.56%GROUP1.25%
    INTERNATIONAL0.55%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,655207,125
    7487 - Other business activities1,15668,525
    82990 - Other business support service activities not elsewhere classified40825,942
    9999 - Dormant Company31319,842
    99999 - Dormant Company27214,342
    7499 - Non-trading company18313,997
    96090 - Other service activities not elsewhere classified1777,922
    7414 - Business & management consultancy17014,598
    70229 - Management consultancy activities other than financial management16013,490
    7260 - Other computer related activities1509,122
    9305 - Other service activities1448,822
    5530 - Restaurants1394,879
    4521 - General construction & civil engineering1268,262
    7222 - Other software consultancy and supply1068,285
    62090 - Other information technology service activities945,854
    86210 - General medical practice activities941,186
    7011 - Development & sell real estate894,579
    62020 - Information technology consultancy activities868,590
    74909 - Other professional, scientific and technical activities not elsewhere classified866,684
    74990 - Non-trading company837,893

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07297043 LOMBARDIA LTD 28 Jun 2010
    07290673 MANCHESTERPHOTOGRAPHICGALLERY LIMITED 21 Jun 2010
    07289357 COMPASS POINT BUSINESS SERVICES (EAST COAST) LIMITED 18 Jun 2010
    07285504 RATED VETERANS LIMITED 15 Jun 2010
    07285503 ARMED FORCES & VETERANS ADVANTAGE LIMITED 15 Jun 2010
    07285464 AFV ADVANTAGE LIMITED 15 Jun 2010
    07285266 KRUNCHY FRIED CHICKEN (43) LTD 15 Jun 2010
    07282243 N.M. ELECTRICAL INSTALLATION SERVICES LIMITED 14 Jun 2010
    07281784 EXCLUSIVE SECURITY SOLUTIONS LIMITED 11 Jun 2010
    07280921 AMR INSTALLATIONS LIMITED 10 Jun 2010
    07279106 SIMPLY TOYS LTD 09 Jun 2010
    07278664 THE GREAT CORNHOLIO LIMITED 09 Jun 2010
    07269906 WALTER GOLDMAN LIMITED 01 Jun 2010
    07293294 EXCELLENT MANAGER LTD 23 Jun 2010
    07287695 ACQCO 002 LIMITED 17 Jun 2010
    07287691 ACQCO 001 LIMITED 17 Jun 2010
    07285162 BIOCORP RENEWABLES LIMITED 15 Jun 2010
    07282525 COBCO 917 LIMITED 14 Jun 2010
    07282427 TORLASHIPPING LIMITED 14 Jun 2010
    07281024 WARD & CO LTD 11 Jun 2010
    07276035 SOMETHING 4 NOTHING UK LIMITED 07 Jun 2010
    07274957 AGHOCO 1030 LIMITED 07 Jun 2010
    07269808 TRADE CREDIT MANAGER LTD 01 Jun 2010
    OC355873 PATRICK PROPERTIES LEEDS LLP 23 Jun 2010
    07296820 RMA (NO. 4) LIMITED 28 Jun 2010