Manchester, Greater Manchester

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Manchester when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Manchester when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Manchester when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Manchester when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Manchester when compared to any previous June.
  • April 2014 saw a new record in company registrations in Manchester when compared to any previous April.
  • April 2014 saw a new record in net growth in Manchester when compared to any previous April.
  • April 2014 was a record month for net growth in Manchester when compared to any month in history.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Manchester when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Manchester when compared to any half year in history.

    In the first half of 2014 a total of 6,453 companies were formed in Manchester. This figure is 14.1% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Manchester occurred in 2014 when a total of 6,453 were formed.

    Half Year (Jan-Jun)ManchesterUK
    20146,453300,731
    20135,654269,432
    % change14.1%11.6%
    Record Year2014 (6,453)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Manchester when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Manchester when compared to any quarter in history.

    A total of 3,253 companies were registered in Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 14.1% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)ManchesterUK
    20143,253150,009
    20132,850134,630
    % change14.1%11.4%
    Record Year 2014 (3,253) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Manchester when compared to any previous June.

    April 2014 saw a new record in company registrations in Manchester when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 20141,1819731,099
    New companies in 20131,084955811
    % change8.9%1.9%35.5%
    Record Year2014 (1,181)2012 (988)2014 (1,099)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 4,038 companies were dissolved in Manchester. This figure is 43.8% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Manchester occurred in 2009 when a total of 5,123 were closed.

    Half Year (Jan-Jun)ManchesterUK
    20144,038177,207
    20132,808155,192
    % change43.8%14.2%
    Record Year2009 (5,123)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 2,142 companies were dissolved in Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 48.6% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)ManchesterUK
    20142,14294,837
    20131,44177,278
    % change48.6%22.7%
    Record Year 2009 (3,187) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014464916762
    Closed companies in 2013454423564
    % change2.2%116.5%35%
    Record Year2009 (1,073)2009 (1,297)2009 (817)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Manchester increased by 2,415 companies.

    Half Year (Jan-Jun)ManchesterUK
    20142,415123,524
    20132,846114,240
    Record Year2013 (2,846)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Manchester during the second quarter of 2014 (Apr 2014 - Jun 2014) was 1,111 companies.

    second quarter (Apr 2014 - Jun 2014)ManchesterUK
    20141,11155,172
    20131,40957,352
    Record Year 2013 (1,409) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Manchester when compared to any previous April.

    April 2014 was a record month for net growth in Manchester when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 201471757337
    Net growth in 2013630532247
    Record Year2014 (717)2013 (532)2008 (480)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Manchester formed 2.1% of all UK companies. This is the same as the 2013 figure of 2.1%.

    Half Year (Jan-Jun)Manchester
    20142.1%
    20132.1%
    20122.2%
    20112.0%
    20101.9%
    Record Year (since 1960) 1990 (2.7%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Manchester formed 2.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Manchester
    20142.2%
    20132.1%
    20122.2%
    20112.0%
    20102.0%
    Record Year (since 1960) 1989 (2.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20142.2%2.0%2.3%
    UK formation share in 20132.2%2.1%2.0%
    % change-1.7%-6.0%17.4%
    Record Year1965 (3.9%)1957 (3.3%)1982 (3.0%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 41.9.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 41.9.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Manchester was 2007 when 24.1% of all directors were female.

    22.1% of all director appointments in Manchester in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Manchester was in 2007 when 24.8% of all directors were female.

    21.9% of all director appointments in Manchester in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.05%CONSULTING5.16%
    MANCHESTER1.74%MANAGEMENT4.64%
    CONSULTING1.42%CONSULTANCY3.50%
    CONSULTANCY1.32%PROPERTY2.66%
    TRADING1.27%TRADING2.03%
    PROPERTY1.16%ENGINEERING1.99%
    CARE1.01%CONSTRUCTION1.93%
    PROPERTIES0.95%LONDON1.93%
    ENGINEERING0.92%CARE1.85%
    INVESTMENTS0.78%DESIGN1.75%
    MEDICAL0.78%CONSULTANTS1.73%
    CONSULTANTS0.72%BUSINESS1.69%
    MEDIA0.71%PROPERTIES1.63%
    TRANSPORT0.67%TRANSPORT1.58%
    MARKETING0.67%GLOBAL1.55%
    FASHION0.65%INVESTMENTS1.55%
    GLOBAL0.64%J1.51%
    ENTERPRISES0.64%ASSOCIATES1.48%
    BUSINESS0.64%MEDIA1.44%
    CO.,0.63%ELECTRICAL1.40%
    DEVELOPMENTS0.62%IT1.33%
    ASSOCIATES0.59%DEVELOPMENTS1.33%
    CO0.57%BUILDING1.26%
    DESIGN0.56%M1.24%
    ELECTRICAL0.55%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied6,688261,557
    99999 - Dormant Company1,11348,436
    82990 - Other business support service activities not elsewhere classified89057,421
    96090 - Other service activities not elsewhere classified84028,352
    70229 - Management consultancy activities other than financial management54940,250
    62020 - Information technology consultancy activities44229,029
    56101 - Licensed restaurants3618,585
    68209 - Other letting and operating of own or leased real estate31110,133
    47910 - Retail sale via mail order houses or via Internet2949,900
    56103 - Take-away food shops and mobile food stands2857,840
    74909 - Other professional, scientific and technical activities not elsewhere classified26819,058
    86900 - Other human health activities26511,292
    62090 - Other information technology service activities24413,024
    74990 - Non-trading company24114,351
    68100 - Buying and selling of own real estate2126,413
    86210 - General medical practice activities2084,176
    41100 - Development of building projects20010,527
    62012 - Business and domestic software development1699,834
    43999 - Other specialised construction activities not elsewhere classified1608,533
    96020 - Hairdressing and other beauty treatment1506,631

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09019875 STRANDPORT LTD 01 May 2014
    09020088 ISTANBUL GRILL (UK) LTD 01 May 2014
    09025107 BELRIDE LTD 06 May 2014
    09026561 EMPIRE MANAGEMENT LIMITED 07 May 2014
    09028190 BUTTERFLY ARTS & PHOTOGRAPHY LIMITED 07 May 2014
    09028269 GOSH PROMOTIONS LTD 07 May 2014
    09028688 TAILLEVENT UK LIMITED 07 May 2014
    09032744 INTERN CHINA LTD 09 May 2014
    09032951 MEDUSA JUICE LTD 09 May 2014
    09034618 CORPORATE CHANGE COUNCEL LIMITED 12 May 2014
    09035851 FASHION BUTTON LIMITED 12 May 2014
    09036220 MF CLEANING SERVICES LIMITED 13 May 2014
    09039389 MANCHESTER GOLD JEWELLERS LIMITED 14 May 2014
    09044013 MY FAT BURNERS LIMITED 16 May 2014
    09046921 LMG TECH LTD 19 May 2014
    09056013 EXCLUSIVE FLOOR CARE LIMITED 27 May 2014
    09056918 G-STYLE SECURITY (UK) LIMITED 27 May 2014
    09057513 FORAVIT HEALTHCARE LTD 27 May 2014
    09063660 FG GEORGE HUDSON LTD 30 May 2014
    09020407 PERCH LIMITED 01 May 2014
    09023071 THE DALTON STREET SALON BEAUTY LIMITED 02 May 2014
    09027821 JP COOPER MUSIC LTD 07 May 2014
    09039904 D & C GIBSON (TILING) LTD 14 May 2014
    09043383 PUBS ON WHEELS LIMITED 16 May 2014
    09045318 LOLLIPOP 4D BABY SCANS LIMITED 19 May 2014