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
New Company Registrations
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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) Manchester UK 2010 3,954 203,749 2009 3,569 182,021 % change 10.8% 11.9% Record Year 2007 (4,105) 2007 (279,097) New Companies by Half Year
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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) Manchester UK 2010 1,942 98,612 2009 1,781 90,987 % change 9.0% 8.4% Record Year 2010 (1,942) 2007 (112,283) New Companies by Quarter
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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
April May June New companies in 2010 672 564 706 New companies in 2009 612 547 622 % change 9.8% 3.1% 13.5% Record Year 2010 (672) 2007 (636) 2010 (706)
Closed Companies (dissolved)
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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) Manchester UK 2010 3,406 177,631 2009 5,123 289,236 % change -33.5% -38.6% Record Year 2009 (5,123) 2009 (289,236) Dissolved Companies by Half Year
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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) Manchester UK 2010 1,864 94,954 2009 3,189 181,176 % change -41.5% -47.6% Record Year 2009 (3,189) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 459 685 720 Closed companies in 2009 1,073 1,298 818 % change -57.2% -47.2% -12% Record Year 2009 (1,073) 2009 (1,298) 2009 (818)
Net Company Growth
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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) Manchester UK 2010 548 26,118 2009 -1,554 -107,215 Record Year 2007 (2,010) 2007 (171,296) Net Growth by Half Year
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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) Manchester UK 2010 78 3,658 2009 -1,408 -90,189 Record Year 2003 (934) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 213 -121 -14 Net growth in 2009 -461 -751 -196 Record Year 2007 (411) 2003 (429) 2008 (480)
UK Company Share
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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 2010 1.9% 2009 2.0% 2008 1.8% 2007 1.5% 2006 1.7% Record Year (since 1960) 1982 (2.8%) Company Share by Half Year
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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 2010 2.0% 2009 2.0% 2008 1.8% 2007 1.7% 2006 1.6% Record Year (since 1960) 1965 (3.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 2.0% 1.9% 2.0% UK formation share in 2009 2.0% 1.9% 2.0% % change 1.0% -1.7% 2.1% Record Year 1965 (3.9%) 1969 (3.5%) 1982 (3.0%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.27% MANAGEMENT 5.01% MANCHESTER 1.72% CONSULTING 4.79% PROPERTY 1.27% CONSULTANCY 3.02% CONSULTING 1.22% PROPERTY 2.40% CONSULTANCY 1.19% ASSOCIATES 2.02% TRADING 1.14% TRADING 2.01% MEDIA 0.92% DESIGN 1.91% ASSOCIATES 0.91% CONSTRUCTION 1.85% DESIGN 0.89% MEDIA 1.80% INVESTMENTS 0.86% BUSINESS 1.75% BUSINESS 0.82% CONSULTANTS 1.71% (MANCHESTER) 0.80% INTERNATIONAL 1.59% PROPERTIES 0.75% ENGINEERING 1.56% MEDICAL 0.70% LONDON 1.52% ENGINEERING 0.70% INVESTMENTS 1.49% GROUP 0.69% J 1.46% M 0.67% CARE 1.41% CONSTRUCTION 0.66% GLOBAL 1.39% SECURITY 0.61% PROPERTIES 1.35% GLOBAL 0.60% BUILDING 1.33% CENTRE 0.60% M 1.29% BUILDING 0.57% IT 1.28% CONSULTANTS 0.56% ELECTRICAL 1.27% ENTERPRISES 0.56% GROUP 1.25% INTERNATIONAL 0.55% DEVELOPMENTS 1.25%
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 4,655 207,125 7487 - Other business activities 1,156 68,525 82990 - Other business support service activities not elsewhere classified 408 25,942 9999 - Dormant Company 313 19,842 99999 - Dormant Company 272 14,342 7499 - Non-trading company 183 13,997 96090 - Other service activities not elsewhere classified 177 7,922 7414 - Business & management consultancy 170 14,598 70229 - Management consultancy activities other than financial management 160 13,490 7260 - Other computer related activities 150 9,122 9305 - Other service activities 144 8,822 5530 - Restaurants 139 4,879 4521 - General construction & civil engineering 126 8,262 7222 - Other software consultancy and supply 106 8,285 62090 - Other information technology service activities 94 5,854 86210 - General medical practice activities 94 1,186 7011 - Development & sell real estate 89 4,579 62020 - Information technology consultancy activities 86 8,590 74909 - Other professional, scientific and technical activities not elsewhere classified 86 6,684 74990 - Non-trading company 83 7,893
Recent Companies
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Randomly selected companies from this quarter
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