Manchester, Greater Manchester

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Manchester when compared to any previous Q3.
  • September 2010 saw a new record in company registrations in Manchester when compared to any previous September.
  • August 2010 saw a new record in company registrations in Manchester when compared to any previous August.
  • July 2010 saw a new record in company registrations in Manchester when compared to any previous July.
  • July 2010 saw a new record in company closures in Manchester when compared to any previous July.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Manchester when compared to any previous Q3.

    A total of 2,108 companies were registered in Manchester during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 18.4% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)ManchesterUK
    20102,108101,492
    20091,78194,671
    % change18.4%7.2%
    Record Year 2010 (2,108) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010705650753
    New companies in 2009596547638
    % change18.3%18.8%18.0%
    Record Year2010 (705)2010 (650)2010 (753)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 1,620 companies were dissolved in Manchester during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 24.9% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)ManchesterUK
    20101,62087,705
    20092,158159,401
    % change-24.9%-45.0%
    Record Year 2009 (2,158) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010499582539
    Closed companies in 20094366731,049
    % change14.4%-13.5%-49%
    Record Year2010 (499)2008 (979)2009 (1,049)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Manchester during the third quarter of 2010 (Jul 2010 - Sep 2010) was 488 companies.

    third quarter (Jul 2010 - Sep 2010)ManchesterUK
    201048813,787
    2009-377-64,730
    Record Year 2003 (884) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201020668214
    Net growth in 2009160-126-411
    Record Year2008 (511)1995 (225)2003 (372)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Manchester formed 2.1% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Manchester
    20102.1%
    20091.9%
    20082.0%
    20071.8%
    20061.7%
    Record Year (since 1960) 1978 (3.1%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20102.1%2.0%2.1%
    UK formation share in 20091.9%1.9%1.9%
    % change10.0%7.8%13.2%
    Record Year1972 (3.9%)1978 (3.0%)1960 (3.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 41.6.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Manchester was in 1862 when 50.0% of all directors were female.

    21.6% of all director appointments in Manchester in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.12%MANAGEMENT5.06%
    MANCHESTER1.77%CONSULTING4.99%
    CONSULTANCY1.32%CONSULTANCY3.12%
    CONSULTING1.30%PROPERTY2.38%
    TRADING1.27%TRADING2.04%
    PROPERTY1.15%ASSOCIATES2.01%
    BUSINESS0.92%DESIGN1.93%
    MEDIA0.90%CONSTRUCTION1.86%
    DESIGN0.86%BUSINESS1.80%
    ASSOCIATES0.81%MEDIA1.75%
    INVESTMENTS0.79%CONSULTANTS1.73%
    (MANCHESTER)0.79%LONDON1.59%
    PROPERTIES0.75%ENGINEERING1.59%
    SECURITY0.74%INVESTMENTS1.49%
    MEDICAL0.73%CARE1.44%
    CONSTRUCTION0.71%J1.44%
    ENGINEERING0.68%INTERNATIONAL1.43%
    ASSETS0.65%GLOBAL1.42%
    M0.62%IT1.35%
    J0.61%PROPERTIES1.35%
    GROUP0.61%BUILDING1.32%
    ENTERPRISES0.59%ELECTRICAL1.30%
    GLOBAL0.59%M1.28%
    IT0.58%SYSTEMS1.26%
    S0.58%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,619202,902
    7487 - Other business activities1,15869,802
    82990 - Other business support service activities not elsewhere classified39625,053
    9999 - Dormant Company34721,484
    99999 - Dormant Company27114,072
    9305 - Other service activities1879,454
    7499 - Non-trading company18513,408
    7414 - Business & management consultancy17814,940
    96090 - Other service activities not elsewhere classified1717,767
    70229 - Management consultancy activities other than financial management15913,161
    7260 - Other computer related activities1558,967
    5530 - Restaurants1555,181
    4521 - General construction & civil engineering1207,634
    7222 - Other software consultancy and supply1128,183
    86210 - General medical practice activities971,189
    62090 - Other information technology service activities915,716
    74909 - Other professional, scientific and technical activities not elsewhere classified876,460
    74990 - Non-trading company867,649
    62020 - Information technology consultancy activities848,292
    8512 - Medical practice activities771,818

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07390756 NIXOR RESOURCE CONSULTING LIMITED 29 Sep 2010
    07387900 LED EDISON LIMITED 27 Sep 2010
    07387145 BOMBOO FASHIONS LTD 24 Sep 2010
    07386583 SMASH MODELS LIMITED 24 Sep 2010
    07379422 STUDENT LAND AND DEVELOPMENT LIMITED 17 Sep 2010
    07379094 CHOICE USED CAR SHOW LIMITED 16 Sep 2010
    07378090 GOLDEN SHANGHAI PALACE LIMITED 16 Sep 2010
    07374215 MEDICINE MANAGEMENT PROGRAMMES LIMITED 13 Sep 2010
    07372119 GOLDEN TOUCH LIMITED 10 Sep 2010
    07368394 LECTUS LIMITED 07 Sep 2010
    07367204 COST-ASSIST LIMITED 07 Sep 2010
    07366704 PORT GROUP UK & EUROPE LIMITED 06 Sep 2010
    07365940 WEB CONNECTED LTD 06 Sep 2010
    07365008 ACTIVE HEALTH TRAINING LIMITED 03 Sep 2010
    OC357627 HIT & RUN HUDDERSFIELD LLP 03 Sep 2010
    07392361 TCG (WILMSLOW) LIMITED 30 Sep 2010
    07381751 HI-VIZ SECURITY AND TRAINING LIMITED 20 Sep 2010
    07379344 FIRST CENTRAL FINANCE LIMITED 17 Sep 2010
    07374889 GENERAL ENERGY RESERVE LIMITED 14 Sep 2010
    07372725 SATT CORPORATION (UK) LIMITED 10 Sep 2010
    07372079 SABAREP FINANCE LIMITED 10 Sep 2010
    07371356 AG. BRANDS LTD. 09 Sep 2010
    07365842 CENTURY LAW SOLICITORS LIMITED 03 Sep 2010
    07364739 BRITANNIA SECURITY SERVICE LIMITED 03 Sep 2010
    07363750 I AM ROWAN LTD 02 Sep 2010