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
    07358410 BRUNTWOOD ST CHADS HOTEL LIMITED 26 Aug 2010
    07357248 JAMES HACKING INTERIORS LIMITED 25 Aug 2010
    07355418 MASIEL BEBE LIMITED 24 Aug 2010
    07354296 BEN & RUBY LTD 24 Aug 2010
    07352417 21THREE CLOTHING COMPANY LIMITED 20 Aug 2010
    07347880 DEAKIN (STAFFS) LIMITED 17 Aug 2010
    07345142 MANCHESTER PHOTOGRAPHIC LTD 13 Aug 2010
    07344559 QUATRO TECHNOLOGIES LIMITED 12 Aug 2010
    07344358 SKILLCENTRE BURY LIMITED 12 Aug 2010
    07343757 MANCHESTER COLLEGE OF IT AND BUSINESS LIMITED 12 Aug 2010
    07341302 OMNI CONSUMER PRODUCTS LIMITED 10 Aug 2010
    07340628 HATZLOKA PROPERTY LTD 09 Aug 2010
    07340010 MORECAMBE LEISURE 2 LIMITED 09 Aug 2010
    07339341 EN1GMA LIMITED 09 Aug 2010
    07337080 GLENMARSH VENTURES LTD 05 Aug 2010
    07335696 PHOENIX WATCHES LTD 04 Aug 2010
    07335068 CARE PEOPLE (UK) LIMITED 03 Aug 2010
    07354697 EFFICIENT GREEN ENERGY LIMITED 24 Aug 2010
    07334242 UK CONSORTIA 2010 LIMITED 03 Aug 2010
    07359960 METRO INNS (GLOUCESTER) LIMITED 27 Aug 2010
    07359220 ZIXTO HOLDINGS LIMITED 27 Aug 2010
    07357233 CALEDONIAN LIFT SERVICES (ENGLAND) LIMITED 25 Aug 2010
    07353302 RAISE ASSOCIATES LIMITED 23 Aug 2010
    07344686 HARRISON GLOBAL LTD 12 Aug 2010
    07342441 SELLBIZ LIMITED 11 Aug 2010