Manchester, Greater Manchester

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Manchester when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Manchester when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Manchester when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Manchester when compared to any previous December.
  • November 2010 saw a new record in company registrations in Manchester when compared to any previous November.
  • November 2010 saw a new record in company closures in Manchester when compared to any previous November.
  • October 2010 saw a new record in company closures in Manchester when compared to any previous October.

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. Annual Data (2010)

    2010 was a record year for company registrations in Manchester when compared to any year in history.

    A total of 7,978 companies were formed in Manchester in 2010. This total is 13.6% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearManchesterUK
    20107,978400,358
    20097,023362,675
    20086,481349,203
    20077,291457,649
    20066,876405,440
    Record Year2010 (7,978)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Manchester when compared to any previous second half year.

    In the second half of 2010 a total of 4,024 companies were formed in Manchester. This figure is 16.5% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Manchester occurred in 2010 when a total of 4,024 were formed.

    Half Year (Jul-Dec)ManchesterUK
    20104,024196,609
    20093,454180,654
    % change16.5%8.8%
    Record Year2010 (4,024)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Manchester when compared to any previous Q4.

    A total of 1,916 companies were registered in Manchester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 14.5% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)ManchesterUK
    20101,91695,117
    20091,67385,983
    % change14.5%10.6%
    Record Year 2010 (1,916) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010673659584
    New companies in 2009586612475
    % change14.8%7.7%22.9%
    Record Year2003 (731)2010 (659)2010 (584)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 6,557 companies were dissolved in Manchester in 2010. This total is 26.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearManchesterUK
    20106,557342,232
    20098,862533,773
    20083,842237,901
    20074,078220,295
    20063,567200,166
    Record Year2009 (8,862)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 3,151 companies were dissolved in Manchester. This figure is 15.7% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Manchester occurred in 2009 when a total of 3,739 were closed.

    Half Year (Jul-Dec)ManchesterUK
    20103,151164,601
    20093,739244,537
    % change-15.7%-32.7%
    Record Year2009 (3,739)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 1,531 companies were dissolved in Manchester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 3.2% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)ManchesterUK
    20101,53176,896
    20091,58185,136
    % change-3.2%-9.7%
    Record Year 2009 (1,581) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010552639340
    Closed companies in 2009519522540
    % change6.4%22.4%-37%
    Record Year2010 (552)2010 (639)2009 (540)

Net Company Growth

  1. Annual Data (2010)

    A total of 1,421 companies were added to the company register for Manchester in 2010. This number represents growth of 20.2% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 3,260 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Manchester company register grew by 3,364 companies.

    YearManchesterUK
    20101,42158,126
    2009-1,839-171,098
    20082,639111,302
    20073,213237,354
    20063,309205,274
    Record Year2003 (3,364)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Manchester increased by 873 companies.

    Half Year (Jul-Dec)ManchesterUK
    201087332,008
    2009-285-63,883
    Record Year2003 (1,925)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Manchester during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 385 companies.

    fourth quarter (Oct 2010 - Dec 2010)ManchesterUK
    201038518,221
    200992847
    Record Year 2003 (1,041) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201012120244
    Net growth in 20096790-65
    Record Year2003 (531)2004 (328)2007 (259)

UK Company Share

  1. Annual Data (2010)

    In 2010 Manchester formed 2.0% of all UK companies. This is an improvement on 2009 when Manchester was responsible for 1.9% of all UK companies.

    YearManchester
    20102.0%
    20091.9%
    20081.9%
    20071.6%
    20061.7%
    Record Year (since 1960)1983 (2.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

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

    Half Year (Jul-Dec)Manchester
    20102.0%
    20091.9%
    20081.9%
    20071.8%
    20061.7%
    Record Year (since 1960) 1978 (3.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Manchester
    20102.0%
    20091.9%
    20081.8%
    20071.8%
    20061.7%
    Record Year (since 1960) 1970 (2.9%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20102.0%1.9%2.2%
    UK formation share in 20092.0%2.0%1.8%
    % change0.6%-3.7%17.0%
    Record Year1970 (3.5%)1974 (3.5%)1969 (3.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 42.1.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

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

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.4.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Manchester was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Manchester in 2010 was 24.5%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Manchester was 1860 when 42.9% of all directors were female.

    21.6% of all director appointments in Manchester in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Manchester was in 1977 when 31.1% of all directors were female.

    21.6% of all director appointments in Manchester in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.97%CONSULTING5.06%
    MANCHESTER1.77%MANAGEMENT5.01%
    CONSULTANCY1.37%CONSULTANCY3.14%
    TRADING1.35%PROPERTY2.36%
    CONSULTING1.33%TRADING2.11%
    PROPERTY0.92%ASSOCIATES1.95%
    BUSINESS0.91%DESIGN1.92%
    MEDIA0.89%BUSINESS1.82%
    PROPERTIES0.81%CONSTRUCTION1.82%
    DESIGN0.78%CONSULTANTS1.76%
    MEDICAL0.77%MEDIA1.71%
    (MANCHESTER)0.74%ENGINEERING1.62%
    CONSTRUCTION0.74%LONDON1.60%
    ENGINEERING0.70%CARE1.45%
    SECURITY0.67%INVESTMENTS1.44%
    M0.65%GLOBAL1.43%
    ASSOCIATES0.64%J1.42%
    BUILDING0.63%IT1.41%
    IT0.63%PROPERTIES1.34%
    GLOBAL0.63%INTERNATIONAL1.34%
    CENTRE0.59%BUILDING1.34%
    GROUP0.59%M1.30%
    S0.58%ELECTRICAL1.25%
    ENTERPRISES0.58%SYSTEMS1.24%
    CO0.57%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,573199,572
    7487 - Other business activities1,03363,348
    82990 - Other business support service activities not elsewhere classified44027,550
    9999 - Dormant Company34320,144
    99999 - Dormant Company33316,285
    96090 - Other service activities not elsewhere classified2198,799
    9305 - Other service activities1918,858
    7499 - Non-trading company16612,000
    70229 - Management consultancy activities other than financial management16614,505
    5530 - Restaurants1584,939
    7414 - Business & management consultancy15713,474
    7260 - Other computer related activities1438,089
    4521 - General construction & civil engineering1126,598
    86210 - General medical practice activities1101,450
    68209 - Other letting and operating of own or leased real estate1063,755
    62020 - Information technology consultancy activities1039,177
    74909 - Other professional, scientific and technical activities not elsewhere classified1027,088
    74990 - Non-trading company1008,243
    62090 - Other information technology service activities966,330
    7222 - Other software consultancy and supply877,298

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07423891 B F AND CO LIMITED 29 Oct 2010
    07423548 AM FINANCE LIMITED 29 Oct 2010
    07423387 INTERMARQUE LIMITED 29 Oct 2010
    07420728 PAYYOURS LIMITED 27 Oct 2010
    07418308 SDMT LIMITED 25 Oct 2010
    07416218 INVESTORS IN PEOPLE NORTH OF ENGLAND LIMITED 22 Oct 2010
    07414418 BLK AEROSPACE LTD 21 Oct 2010
    07413728 BEACON MEDICAL SERVICES GROUP LIMITED 20 Oct 2010
    07411334 G-LED LIGHTING UK LIMITED 18 Oct 2010
    07411229 GREAT LUGGAGE LIMITED 18 Oct 2010
    07406273 BEACON EYE CARE LIMITED 13 Oct 2010
    07405703 JASMINE CANTONESE (STOCKPORT) LIMITED 13 Oct 2010
    07403757 AQUA SUPPLIES GLOBAL LTD 12 Oct 2010
    07401168 PREMIER BATTERY SALES LIMITED 08 Oct 2010
    07397225 PROLINEX LTD 05 Oct 2010
    07396210 BUTLERS COURT RESIDENTS MANAGEMENT COMPANY LIMITED 04 Oct 2010
    07393652 SILK BEAUTY LTD 01 Oct 2010
    07418717 AYLESCOTT COTTAGES LTD 26 Oct 2010
    07411600 POLARIS (LOGISTICS RECRUITMENT) LIMITED 19 Oct 2010
    07410463 TUMBLEWEED LIMITED 18 Oct 2010
    07406717 LLOYD LEISURE LIMITED 13 Oct 2010
    07404809 AGHOCO 1042 LIMITED 12 Oct 2010
    07423256 MBL FINANCIAL (UK) LIMITED 29 Oct 2010
    07417630 GNGB LIMITED 25 Oct 2010
    07416886 ROQUE SANTA CRUZ FOUNDATION 22 Oct 2010