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
New Company Registrations
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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) Manchester UK 2010 2,108 101,492 2009 1,781 94,671 % change 18.4% 7.2% Record Year 2010 (2,108) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 705 650 753 New companies in 2009 596 547 638 % change 18.3% 18.8% 18.0% Record Year 2010 (705) 2010 (650) 2010 (753)
Closed Companies (dissolved)
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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) Manchester UK 2010 1,620 87,705 2009 2,158 159,401 % change -24.9% -45.0% Record Year 2009 (2,158) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 499 582 539 Closed companies in 2009 436 673 1,049 % change 14.4% -13.5% -49% Record Year 2010 (499) 2008 (979) 2009 (1,049)
Net Company Growth
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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) Manchester UK 2010 488 13,787 2009 -377 -64,730 Record Year 2003 (884) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 206 68 214 Net growth in 2009 160 -126 -411 Record Year 2008 (511) 1995 (225) 2003 (372)
UK Company Share
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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 2010 2.1% 2009 1.9% 2008 2.0% 2007 1.8% 2006 1.7% Record Year (since 1960) 1978 (3.1%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 2.1% 2.0% 2.1% UK formation share in 2009 1.9% 1.9% 1.9% % change 10.0% 7.8% 13.2% Record Year 1972 (3.9%) 1978 (3.0%) 1960 (3.6%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.12% MANAGEMENT 5.06% MANCHESTER 1.77% CONSULTING 4.99% CONSULTANCY 1.32% CONSULTANCY 3.12% CONSULTING 1.30% PROPERTY 2.38% TRADING 1.27% TRADING 2.04% PROPERTY 1.15% ASSOCIATES 2.01% BUSINESS 0.92% DESIGN 1.93% MEDIA 0.90% CONSTRUCTION 1.86% DESIGN 0.86% BUSINESS 1.80% ASSOCIATES 0.81% MEDIA 1.75% INVESTMENTS 0.79% CONSULTANTS 1.73% (MANCHESTER) 0.79% LONDON 1.59% PROPERTIES 0.75% ENGINEERING 1.59% SECURITY 0.74% INVESTMENTS 1.49% MEDICAL 0.73% CARE 1.44% CONSTRUCTION 0.71% J 1.44% ENGINEERING 0.68% INTERNATIONAL 1.43% ASSETS 0.65% GLOBAL 1.42% M 0.62% IT 1.35% J 0.61% PROPERTIES 1.35% GROUP 0.61% BUILDING 1.32% ENTERPRISES 0.59% ELECTRICAL 1.30% GLOBAL 0.59% M 1.28% IT 0.58% SYSTEMS 1.26% S 0.58% S 1.24%
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 4,619 202,902 7487 - Other business activities 1,158 69,802 82990 - Other business support service activities not elsewhere classified 396 25,053 9999 - Dormant Company 347 21,484 99999 - Dormant Company 271 14,072 9305 - Other service activities 187 9,454 7499 - Non-trading company 185 13,408 7414 - Business & management consultancy 178 14,940 96090 - Other service activities not elsewhere classified 171 7,767 70229 - Management consultancy activities other than financial management 159 13,161 7260 - Other computer related activities 155 8,967 5530 - Restaurants 155 5,181 4521 - General construction & civil engineering 120 7,634 7222 - Other software consultancy and supply 112 8,183 86210 - General medical practice activities 97 1,189 62090 - Other information technology service activities 91 5,716 74909 - Other professional, scientific and technical activities not elsewhere classified 87 6,460 74990 - Non-trading company 86 7,649 62020 - Information technology consultancy activities 84 8,292 8512 - Medical practice activities 77 1,818
Recent Companies
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Randomly selected companies from this quarter
reports
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