Manchester, Greater Manchester

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Manchester when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Manchester when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Manchester when compared to any previous Q4.
  • November 2012 saw a new record in company registrations in Manchester when compared to any previous November.
  • October 2012 saw a new record in company registrations in Manchester when compared to any previous October.
  • October 2012 saw a new record in company closures in Manchester when compared to any previous October.
  • 2012 was a record year for net growth in Manchester when compared to any year in history.
  • The second half of 2012 saw a new record in net growth in Manchester when compared to any previous second half year.
  • December 2012 saw a new record in net growth in Manchester when compared to any previous December.
  • November 2012 saw a new record in net growth in Manchester when compared to any previous November.

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 (2012)

    2012 was a record year for company registrations in Manchester when compared to any year in history.

    A total of 10,603 companies were formed in Manchester in 2012. This total is 13.7% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearManchesterUK
    201210,603491,893
    20119,329452,870
    20107,978400,358
    20097,023362,675
    20086,481349,203
    Record Year2012 (10,603)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Manchester when compared to any previous second half year.

    In the second half of 2012 a total of 5,106 companies were formed in Manchester. This figure is 6.5% higher than last year, which compares equally to the UK wide figure of 6.5%.

    The highest total for a second half year in Manchester occurred in 2012 when a total of 5,106 were formed.

    Half Year (Jul-Dec)ManchesterUK
    20125,106238,743
    20114,796224,135
    % change6.5%6.5%
    Record Year2012 (5,106)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Manchester when compared to any previous Q4.

    A total of 2,518 companies were registered in Manchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 8.9% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)ManchesterUK
    20122,518119,875
    20112,312109,623
    % change8.9%9.4%
    Record Year 2012 (2,518) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in company registrations in Manchester when compared to any previous November.

    October 2012 saw a new record in company registrations in Manchester when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012924940654
    New companies in 2011785826701
    % change17.7%13.8%-6.7%
    Record Year2012 (924)2012 (940)2011 (701)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 6,159 companies were dissolved in Manchester in 2012. This total is 1.7% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearManchesterUK
    20126,159293,728
    20116,267314,524
    20106,562342,233
    20098,864533,787
    20083,846237,873
    Record Year2009 (8,864)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 3,165 companies were dissolved in Manchester. This figure is 2.4% higher than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in Manchester occurred in 2009 when a total of 3,741 were closed.

    Half Year (Jul-Dec)ManchesterUK
    20123,165145,934
    20113,090152,213
    % change2.4%-4.1%
    Record Year2009 (3,741)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 1,512 companies were dissolved in Manchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 2.3% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)ManchesterUK
    20121,51270,026
    20111,54879,983
    % change-2.3%-12.4%
    Record Year 2009 (1,583) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Manchester when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012712548252
    Closed companies in 2011409632507
    % change74.1%-13.3%-50%
    Record Year2012 (712)2010 (639)2009 (541)

Net Company Growth

  1. Annual Data (2012)

    2012 was a record year for net growth in Manchester when compared to any year in history.

    A total of 4,444 companies were added to the company register for Manchester in 2012. This number represents growth of 47.6% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 1,382 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Manchester company register grew by 4,444 companies.

    YearManchesterUK
    20124,444198,165
    20113,062138,346
    20101,41658,125
    2009-1,841-171,112
    20082,635111,330
    Record Year2012 (4,444)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in net growth in Manchester when compared to any previous second half year.

    In the second half of 2012 the company register for Manchester increased by 1,941 companies.

    Half Year (Jul-Dec)ManchesterUK
    20121,94192,809
    20111,70671,922
    Record Year2012 (1,941)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Manchester during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 1,006 companies.

    fourth quarter (Oct 2012 - Dec 2012)ManchesterUK
    20121,00649,849
    201176429,640
    Record Year 2003 (1,040) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    December 2012 saw a new record in net growth in Manchester when compared to any previous December.

    November 2012 saw a new record in net growth in Manchester when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012212392402
    Net growth in 2011376194194
    Record Year2003 (531)2012 (392)2012 (402)

UK Company Share

  1. Annual Data (2012)

    In 2012 Manchester formed 2.2% of all UK companies. This is an improvement on 2011 when Manchester was responsible for 2.1% of all UK companies.

    YearManchester
    20122.2%
    20112.1%
    20102.0%
    20091.9%
    20081.9%
    Record Year (since 1960)1983 (2.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Manchester formed 2.1% of all UK companies. This is the same as the 2011 figure of 2.1%.

    Half Year (Jul-Dec)Manchester
    20122.1%
    20112.1%
    20102.0%
    20091.9%
    20081.9%
    Record Year (since 1960) 1978 (3.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Manchester formed 2.1% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Manchester
    20122.1%
    20112.1%
    20102.0%
    20091.9%
    20081.8%
    Record Year (since 1960) 1970 (2.9%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20122.0%2.2%2.1%
    UK formation share in 20112.0%2.0%2.3%
    % change-1.1%8.3%-9.2%
    Record Year1970 (3.5%)1974 (3.5%)1969 (3.6%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 40.2.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 39.9.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 39.7.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Manchester was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Manchester in 2012 was 26.3%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    22.6% of all director appointments in Manchester in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Manchester was in 1977 when 31.2% of all directors were female.

    23.4% of all director appointments in Manchester in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.77%CONSULTING5.15%
    MANCHESTER1.71%MANAGEMENT4.78%
    CONSULTING1.51%CONSULTANCY3.31%
    TRADING1.34%PROPERTY2.40%
    CONSULTANCY1.28%TRADING2.03%
    PROPERTIES1.06%DESIGN1.86%
    PROPERTY1.04%ASSOCIATES1.82%
    ENGINEERING0.92%ENGINEERING1.79%
    ASSOCIATES0.88%BUSINESS1.76%
    CONSULTANTS0.81%CONSULTANTS1.75%
    MEDIA0.77%CONSTRUCTION1.69%
    DESIGN0.76%LONDON1.69%
    MEDICAL0.70%MEDIA1.69%
    SECURITY0.69%GLOBAL1.59%
    GLOBAL0.68%J1.57%
    BUSINESS0.66%INVESTMENTS1.46%
    ENTERPRISES0.65%IT1.43%
    (MANCHESTER)0.63%CARE1.39%
    DEVELOPMENTS0.62%PROPERTIES1.34%
    BUILDING0.61%M1.26%
    CONSTRUCTION0.59%BUILDING1.23%
    INVESTMENTS0.55%ENTERPRISES1.21%
    IT0.54%TRAINING1.18%
    CO0.53%ELECTRICAL1.17%
    M0.52%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,723236,139
    82990 - Other business support service activities not elsewhere classified86952,427
    99999 - Dormant Company73640,648
    96090 - Other service activities not elsewhere classified67322,058
    70229 - Management consultancy activities other than financial management36930,396
    62020 - Information technology consultancy activities30123,256
    74909 - Other professional, scientific and technical activities not elsewhere classified25715,572
    86210 - General medical practice activities2403,960
    56101 - Licensed restaurants2186,400
    74990 - Non-trading company21213,808
    68209 - Other letting and operating of own or leased real estate2056,971
    62090 - Other information technology service activities20012,291
    7487 - Other business activities18610,703
    86900 - Other human health activities1637,866
    47910 - Retail sale via mail order houses or via Internet1546,307
    56103 - Take-away food shops and mobile food stands1505,132
    68100 - Buying and selling of own real estate1404,752
    68320 - Management of real estate on a fee or contract basis1324,936
    41100 - Development of building projects1137,980
    62012 - Business and domestic software development1027,446

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08276641 SWIFT FREIGHTING SERVICES LTD 01 Nov 2012
    08277105 GOLDFIELD SOLAR BOND LTD 01 Nov 2012
    08277180 COMPUTRON MANCHESTER LTD 01 Nov 2012
    08281009 GEMBROIDERY LIMITED 05 Nov 2012
    08282180 FIBRE RECRUITMENT SOLUTIONS LTD 06 Nov 2012
    08289257 JAY SIDDIQUI GLOBAL LIMITED 12 Nov 2012
    08291187 GOLDIESINTERIOR LIMITED 13 Nov 2012
    08293134 V BET (UK) LIMITED 14 Nov 2012
    08293300 TENCO GRAVELLS LIMITED 14 Nov 2012
    08297097 YOW YEE LTD 16 Nov 2012
    08298400 LEGAL ADVANCE LIMITED 19 Nov 2012
    08298478 EXQUISITE TIME PIECES & JEWELLERY LIMITED 19 Nov 2012
    08299441 BRAZILIAN WAXING COMPANY M16EY LIMITED 20 Nov 2012
    08299499 BLANK VIDEO LTD 20 Nov 2012
    08305733 KARL LAGERFELD UK LIMITED 23 Nov 2012
    08311540 GAO MANAGEMENT LIMITED 28 Nov 2012
    08311740 TOM MOSS LIMITED 28 Nov 2012
    08312518 AREFAY LTD 29 Nov 2012
    08313535 DING SHENG EDUCATION SERVICES LTD. 29 Nov 2012
    08287975 MCDC FUNDCO LIMITED 09 Nov 2012
    08289037 BRAZILIAN WAXING COMPANY M27HA LIMITED 12 Nov 2012
    08298278 WADDY'S LTD 19 Nov 2012
    08299698 SAXON RISK MANAGEMENT LIMITED 20 Nov 2012
    08300180 MANCHESTER GYNAECOLOGY LIMITED 20 Nov 2012
    08304680 DK RETAIL LIMITED 22 Nov 2012