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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

  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 (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)ManchesterUK
    20143,200150,722
    20132,804134,802
    % change14.1%11.8%
    Record Year 2014 (3,200) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 20141,0309591,211
    New companies in 2013976906922
    % change5.5%5.8%31.3%
    Record Year2014 (1,030)2014 (959)2014 (1,211)

Closed Companies (dissolved)

  1. 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)ManchesterUK
    20141,89682,370
    20131,36777,914
    % change38.7%5.7%
    Record Year 2009 (1,936) 2009 (108,066)
    Dissolved Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2014669637590
    Closed companies in 2013555417395
    % change20.5%52.8%49%
    Record Year2011 (712)2014 (637)2009 (1,260)

Net Company Growth

  1. 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)ManchesterUK
    20141,30468,352
    20131,43756,888
    Record Year 2012 (1,476) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014361322621
    Net growth in 2013421489527
    Record Year2013 (421)2013 (489)2012 (636)

UK Company Share

  1. 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
    20142.1%
    20132.1%
    20122.2%
    20111.9%
    20101.9%
    Record Year (since 1960) 1990 (2.7%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20142.2%2.0%2.2%
    UK formation share in 20132.2%2.0%2.0%
    % change-1.3%-2.3%9.6%
    Record Year1991 (3.1%)1981 (2.7%)1952 (3.6%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.09%CONSULTING5.22%
    MANCHESTER1.92%MANAGEMENT4.67%
    CONSULTING1.64%CONSULTANCY3.49%
    TRADING1.25%PROPERTY2.64%
    CONSULTANCY1.24%TRADING2.05%
    PROPERTY1.22%LONDON1.88%
    PROPERTIES1.02%ENGINEERING1.86%
    CARE0.97%CARE1.79%
    ENGINEERING0.84%CONSTRUCTION1.75%
    INVESTMENTS0.76%DESIGN1.75%
    MEDIA0.74%CONSULTANTS1.73%
    DEVELOPMENTS0.73%BUSINESS1.71%
    GLOBAL0.72%PROPERTIES1.60%
    CONSULTANTS0.72%INVESTMENTS1.60%
    MEDICAL0.71%GLOBAL1.58%
    FASHION0.68%J1.48%
    MARKETING0.67%ASSOCIATES1.48%
    BUSINESS0.67%MEDIA1.48%
    BUILDING0.64%IT1.33%
    CO0.63%TRANSPORT1.30%
    DESIGN0.61%DEVELOPMENTS1.29%
    ENTERPRISES0.58%BUILDING1.24%
    SECURITY0.57%M1.21%
    ESTATES0.56%CAPITAL1.20%
    IT0.56%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,089280,210
    99999 - Dormant Company1,04547,084
    82990 - Other business support service activities not elsewhere classified89956,411
    96090 - Other service activities not elsewhere classified79026,700
    70229 - Management consultancy activities other than financial management49037,882
    62020 - Information technology consultancy activities42727,750
    56101 - Licensed restaurants3367,965
    68209 - Other letting and operating of own or leased real estate2869,284
    74909 - Other professional, scientific and technical activities not elsewhere classified28418,491
    56103 - Take-away food shops and mobile food stands2697,300
    47910 - Retail sale via mail order houses or via Internet2649,358
    62090 - Other information technology service activities24112,813
    74990 - Non-trading company24014,135
    86900 - Other human health activities23910,273
    86210 - General medical practice activities2123,987
    68100 - Buying and selling of own real estate2025,920
    41100 - Development of building projects1769,855
    62012 - Business and domestic software development1579,509
    43999 - Other specialised construction activities not elsewhere classified1558,155
    68320 - Management of real estate on a fee or contract basis1445,419

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08922417 BITURBOCAR LTD 04 Mar 2014
    08936244 RENEW MEDIA CIC 12 Mar 2014
    08937108 PARALLEL LEGAL LIMITED 13 Mar 2014
    08938583 DIAMONDHEAD BAY LIMITED 13 Mar 2014
    08938646 THE NORTH WEST GROWTH COMPANY LIMITED 13 Mar 2014
    08938764 GENESIS CITY LTD 13 Mar 2014
    08942182 LANDON ENVIROTECH LTD 17 Mar 2014
    08943929 PS - TTRM LTD 18 Mar 2014
    08944093 HARDENBERG CAPITAL LTD 18 Mar 2014
    08944187 G.S.(NW) LTD 18 Mar 2014
    08944703 HIGHER STREET PROPERTIES LIMITED 18 Mar 2014
    08945120 WORLD INTL BROKER LIMITED 18 Mar 2014
    08948975 FONDAPP LTD 20 Mar 2014
    08950403 BTC ALLIANCE LTD 20 Mar 2014
    08950869 THE REHABILITATION PEOPLE LIMITED 20 Mar 2014
    08953289 CHRIS'S PHYSIOTHERAPHY SERVICES LIMITED 21 Mar 2014
    08954687 BLOG AGENDA LIMITED 24 Mar 2014
    08957475 BFS NWF GENERAL PARTNER LIMITED 25 Mar 2014
    08958269 SHUNLI LIMITED 25 Mar 2014
    08960943 BLIZZARD MANAGEMENT LIMITED 26 Mar 2014
    08961576 POPAVENUE LTD 27 Mar 2014
    08962022 THE CHESHIRE GROWTH COMPANY LIMITED 27 Mar 2014
    08963805 TTL9 LTD 27 Mar 2014
    08964583 FURNITURE EK LIMITED 28 Mar 2014
    08968181 GIRLS LTD 31 Mar 2014

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