Manchester, Greater Manchester
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Manchester when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Manchester when compared to any quarter in history.
- March 2014 saw a new record in company registrations in Manchester when compared to any previous March.
- March 2014 was a record month for company registrations in Manchester when compared to any month in history.
- February 2014 saw a new record in company registrations in Manchester when compared to any previous February.
- January 2014 saw a new record in company registrations in Manchester when compared to any previous January.
- February 2014 saw a new record in company closures in Manchester when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Manchester when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Manchester when compared to any quarter in history.
A total of 3,200 companies were registered in Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 14.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Manchester UK 2014 3,200 150,722 2013 2,804 134,802 % change 14.1% 11.8% Record Year 2014 (3,200) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Manchester when compared to any previous March.
March 2014 was a record month for company registrations in Manchester when compared to any month in history.
February 2014 saw a new record in company registrations in Manchester when compared to any previous February.
January 2014 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 2014 1,030 959 1,211 New companies in 2013 976 906 922 % change 5.5% 5.8% 31.3% Record Year 2014 (1,030) 2014 (959) 2014 (1,211)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 1,896 companies were dissolved in Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 38.7% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Manchester UK 2014 1,896 82,370 2013 1,367 77,914 % change 38.7% 5.7% Record Year 2009 (1,936) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Manchester when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 669 637 590 Closed companies in 2013 555 417 395 % change 20.5% 52.8% 49% Record Year 2011 (712) 2014 (637) 2009 (1,260)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Manchester during the first quarter of 2014 (Jan 2014 - Mar 2014) was 1,304 companies.
first quarter (Jan 2014 - Mar 2014) Manchester UK 2014 1,304 68,352 2013 1,437 56,888 Record Year 2012 (1,476) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 361 322 621 Net growth in 2013 421 489 527 Record Year 2013 (421) 2013 (489) 2012 (636)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Manchester formed 2.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Manchester 2014 2.1% 2013 2.1% 2012 2.2% 2011 1.9% 2010 1.9% Record Year (since 1960) 1990 (2.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 2.2% 2.0% 2.2% UK formation share in 2013 2.2% 2.0% 2.0% % change -1.3% -2.3% 9.6% Record Year 1991 (3.1%) 1981 (2.7%) 1952 (3.6%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 41.8.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Manchester was in 2013 when 27.0% of all directors were female.
22.3% of all director appointments in Manchester in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.09% CONSULTING 5.22% MANCHESTER 1.92% MANAGEMENT 4.67% CONSULTING 1.64% CONSULTANCY 3.49% TRADING 1.25% PROPERTY 2.64% CONSULTANCY 1.24% TRADING 2.05% PROPERTY 1.22% LONDON 1.88% PROPERTIES 1.02% ENGINEERING 1.86% CARE 0.97% CARE 1.79% ENGINEERING 0.84% CONSTRUCTION 1.75% INVESTMENTS 0.76% DESIGN 1.75% MEDIA 0.74% CONSULTANTS 1.73% DEVELOPMENTS 0.73% BUSINESS 1.71% GLOBAL 0.72% PROPERTIES 1.60% CONSULTANTS 0.72% INVESTMENTS 1.60% MEDICAL 0.71% GLOBAL 1.58% FASHION 0.68% J 1.48% MARKETING 0.67% ASSOCIATES 1.48% BUSINESS 0.67% MEDIA 1.48% BUILDING 0.64% IT 1.33% CO 0.63% TRANSPORT 1.30% DESIGN 0.61% DEVELOPMENTS 1.29% ENTERPRISES 0.58% BUILDING 1.24% SECURITY 0.57% M 1.21% ESTATES 0.56% CAPITAL 1.20% IT 0.56% ELECTRICAL 1.19%
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 7,089 280,210 99999 - Dormant Company 1,045 47,084 82990 - Other business support service activities not elsewhere classified 899 56,411 96090 - Other service activities not elsewhere classified 790 26,700 70229 - Management consultancy activities other than financial management 490 37,882 62020 - Information technology consultancy activities 427 27,750 56101 - Licensed restaurants 336 7,965 68209 - Other letting and operating of own or leased real estate 286 9,284 74909 - Other professional, scientific and technical activities not elsewhere classified 284 18,491 56103 - Take-away food shops and mobile food stands 269 7,300 47910 - Retail sale via mail order houses or via Internet 264 9,358 62090 - Other information technology service activities 241 12,813 74990 - Non-trading company 240 14,135 86900 - Other human health activities 239 10,273 86210 - General medical practice activities 212 3,987 68100 - Buying and selling of own real estate 202 5,920 41100 - Development of building projects 176 9,855 62012 - Business and domestic software development 157 9,509 43999 - Other specialised construction activities not elsewhere classified 155 8,155 68320 - Management of real estate on a fee or contract basis 144 5,419
Recent Companies
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Randomly selected companies from this quarter
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