Manchester, Greater Manchester
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company registrations in Manchester when compared to any previous Q1.
- Q1 2011 was a record quarter for company registrations in Manchester when compared to any quarter in history.
- February 2011 saw a new record in company registrations in Manchester when compared to any previous February.
- January 2011 saw a new record in company registrations in Manchester when compared to any previous January.
- February 2011 saw a new record in company closures in Manchester when compared to any previous February.
- January 2011 saw a new record in company closures in Manchester when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company registrations in Manchester when compared to any previous Q1.
Q1 2011 was a record quarter for company registrations in Manchester when compared to any quarter in history.
A total of 2,259 companies were registered in Manchester during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 12.3% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Manchester UK 2011 2,259 116,391 2010 2,012 105,137 % change 12.3% 10.7% Record Year 2011 (2,259) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company registrations in Manchester when compared to any previous February.
January 2011 saw a new record in company registrations in Manchester when compared to any previous January.
New Companies by Month
January February March New companies in 2011 643 739 877 New companies in 2010 562 658 792 % change 14.4% 12.3% 10.7% Record Year 2011 (643) 2011 (739) 2007 (919)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 1,748 companies were dissolved in Manchester during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 13.4% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Manchester UK 2011 1,748 90,986 2010 1,542 82,677 % change 13.4% 10.0% Record Year 2009 (1,934) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Manchester when compared to any previous February.
January 2011 saw a new record in company closures in Manchester when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 713 535 500 Closed companies in 2010 434 463 645 % change 64.3% 15.6% -22% Record Year 2011 (713) 2011 (535) 2009 (1,259)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Manchester during the first quarter of 2011 (Jan 2011 - Mar 2011) was 511 companies.
first quarter (Jan 2011 - Mar 2011) Manchester UK 2011 511 25,405 2010 470 22,460 Record Year 2007 (1,123) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -70 204 377 Net growth in 2010 128 195 147 Record Year 2005 (295) 2007 (373) 2008 (565)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Manchester formed 1.9% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Manchester 2011 1.9% 2010 1.9% 2009 2.0% 2008 1.8% 2007 1.3% Record Year (since 1960) 1968 (3.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 1.9% 2.0% 2.0% UK formation share in 2010 1.9% 2.0% 1.9% % change -1.3% -1.2% 5.6% Record Year 1983 (3.5%) 1969 (3.6%) 1972 (3.2%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 41.2.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Manchester was in 1861 when 40.0% of all directors were female.
21.9% of all director appointments in Manchester in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.00% CONSULTING 5.04% MANCHESTER 1.83% MANAGEMENT 4.97% TRADING 1.32% CONSULTANCY 3.16% CONSULTING 1.26% PROPERTY 2.38% CONSULTANCY 1.23% TRADING 2.10% PROPERTY 1.01% DESIGN 1.93% BUSINESS 0.94% ASSOCIATES 1.92% MEDIA 0.84% BUSINESS 1.87% DESIGN 0.81% CONSTRUCTION 1.80% PROPERTIES 0.80% CONSULTANTS 1.76% ASSOCIATES 0.75% MEDIA 1.69% CONSTRUCTION 0.74% ENGINEERING 1.61% MEDICAL 0.74% LONDON 1.60% SECURITY 0.74% CARE 1.45% CONSULTANTS 0.71% J 1.45% (MANCHESTER) 0.71% GLOBAL 1.44% M 0.68% INVESTMENTS 1.43% ENGINEERING 0.67% IT 1.41% BUILDING 0.65% PROPERTIES 1.36% S 0.64% BUILDING 1.34% CARE 0.62% M 1.30% GLOBAL 0.61% ELECTRICAL 1.28% CENTRE 0.60% S 1.24% ENTERPRISES 0.59% INTERNATIONAL 1.23% IT 0.58% SYSTEMS 1.23%
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 4,615 202,798 7487 - Other business activities 1,015 60,968 82990 - Other business support service activities not elsewhere classified 482 30,253 99999 - Dormant Company 328 18,336 9999 - Dormant Company 324 19,765 96090 - Other service activities not elsewhere classified 261 10,085 9305 - Other service activities 181 8,740 70229 - Management consultancy activities other than financial management 178 16,150 5530 - Restaurants 170 4,898 7499 - Non-trading company 157 11,316 86210 - General medical practice activities 145 1,874 7414 - Business & management consultancy 143 12,916 68209 - Other letting and operating of own or leased real estate 140 3,895 7260 - Other computer related activities 134 7,789 74909 - Other professional, scientific and technical activities not elsewhere classified 124 7,788 62020 - Information technology consultancy activities 117 10,246 74990 - Non-trading company 114 8,695 62090 - Other information technology service activities 110 6,996 4521 - General construction & civil engineering 107 6,183 7222 - Other software consultancy and supply 88 7,000
Recent Companies
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Randomly selected companies from this quarter
reports
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