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
New Company Registrations
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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) Manchester UK 2014 6,453 300,731 2013 5,654 269,432 % change 14.1% 11.6% Record Year 2014 (6,453) 2014 (300,731) New Companies by Half Year
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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) Manchester UK 2014 3,253 150,009 2013 2,850 134,630 % change 14.1% 11.4% Record Year 2014 (3,253) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 1,181 973 1,099 New companies in 2013 1,084 955 811 % change 8.9% 1.9% 35.5% Record Year 2014 (1,181) 2012 (988) 2014 (1,099)
Closed Companies (dissolved)
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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) Manchester UK 2014 4,038 177,207 2013 2,808 155,192 % change 43.8% 14.2% Record Year 2009 (5,123) 2009 (289,245) Dissolved Companies by Half Year
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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) Manchester UK 2014 2,142 94,837 2013 1,441 77,278 % change 48.6% 22.7% Record Year 2009 (3,187) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 464 916 762 Closed companies in 2013 454 423 564 % change 2.2% 116.5% 35% Record Year 2009 (1,073) 2009 (1,297) 2009 (817)
Net Company Growth
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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) Manchester UK 2014 2,415 123,524 2013 2,846 114,240 Record Year 2013 (2,846) 2007 (171,296) Net Growth by Half Year
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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) Manchester UK 2014 1,111 55,172 2013 1,409 57,352 Record Year 2013 (1,409) 2007 (60,014) Net Growth by Quarter
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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
April May June Net growth in 2014 717 57 337 Net growth in 2013 630 532 247 Record Year 2014 (717) 2013 (532) 2008 (480)
UK Company Share
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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 2014 2.1% 2013 2.1% 2012 2.2% 2011 2.0% 2010 1.9% Record Year (since 1960) 1990 (2.7%) Company Share by Half Year
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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 2014 2.2% 2013 2.1% 2012 2.2% 2011 2.0% 2010 2.0% Record Year (since 1960) 1989 (2.7%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 2.2% 2.0% 2.3% UK formation share in 2013 2.2% 2.1% 2.0% % change -1.7% -6.0% 17.4% Record Year 1965 (3.9%) 1957 (3.3%) 1982 (3.0%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.05% CONSULTING 5.16% MANCHESTER 1.74% MANAGEMENT 4.64% CONSULTING 1.42% CONSULTANCY 3.50% CONSULTANCY 1.32% PROPERTY 2.66% TRADING 1.27% TRADING 2.03% PROPERTY 1.16% ENGINEERING 1.99% CARE 1.01% CONSTRUCTION 1.93% PROPERTIES 0.95% LONDON 1.93% ENGINEERING 0.92% CARE 1.85% INVESTMENTS 0.78% DESIGN 1.75% MEDICAL 0.78% CONSULTANTS 1.73% CONSULTANTS 0.72% BUSINESS 1.69% MEDIA 0.71% PROPERTIES 1.63% TRANSPORT 0.67% TRANSPORT 1.58% MARKETING 0.67% GLOBAL 1.55% FASHION 0.65% INVESTMENTS 1.55% GLOBAL 0.64% J 1.51% ENTERPRISES 0.64% ASSOCIATES 1.48% BUSINESS 0.64% MEDIA 1.44% CO., 0.63% ELECTRICAL 1.40% DEVELOPMENTS 0.62% IT 1.33% ASSOCIATES 0.59% DEVELOPMENTS 1.33% CO 0.57% BUILDING 1.26% DESIGN 0.56% M 1.24% ELECTRICAL 0.55% CO., 1.20%
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 6,688 261,557 99999 - Dormant Company 1,113 48,436 82990 - Other business support service activities not elsewhere classified 890 57,421 96090 - Other service activities not elsewhere classified 840 28,352 70229 - Management consultancy activities other than financial management 549 40,250 62020 - Information technology consultancy activities 442 29,029 56101 - Licensed restaurants 361 8,585 68209 - Other letting and operating of own or leased real estate 311 10,133 47910 - Retail sale via mail order houses or via Internet 294 9,900 56103 - Take-away food shops and mobile food stands 285 7,840 74909 - Other professional, scientific and technical activities not elsewhere classified 268 19,058 86900 - Other human health activities 265 11,292 62090 - Other information technology service activities 244 13,024 74990 - Non-trading company 241 14,351 68100 - Buying and selling of own real estate 212 6,413 86210 - General medical practice activities 208 4,176 41100 - Development of building projects 200 10,527 62012 - Business and domestic software development 169 9,834 43999 - Other specialised construction activities not elsewhere classified 160 8,533 96020 - Hairdressing and other beauty treatment 150 6,631
Recent Companies
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Randomly selected companies from this quarter
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