Manchester, Greater Manchester
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Manchester when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Manchester when compared to any previous September.
- August 2014 saw a new record in company registrations in Manchester when compared to any previous August.
- July 2014 saw a new record in company registrations in Manchester when compared to any previous July.
- July 2014 saw a new record in company closures in Manchester when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Manchester when compared to any previous Q3.
A total of 3,069 companies were registered in Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 8.6% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Manchester UK 2014 3,069 143,414 2013 2,826 132,684 % change 8.6% 8.1% Record Year 2014 (3,069) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Manchester when compared to any previous September.
August 2014 saw a new record in company registrations in Manchester when compared to any previous August.
July 2014 saw a new record in company registrations in Manchester when compared to any previous July.
New Companies by Month
July August September New companies in 2014 1,058 937 1,074 New companies in 2013 1,016 923 887 % change 4.1% 1.5% 21.1% Record Year 2014 (1,058) 2014 (937) 2014 (1,074)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 2,475 companies were dissolved in Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 3.0% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Manchester UK 2014 2,475 101,670 2013 2,402 86,170 % change 3.0% 18.0% Record Year 2014 (2,475) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Manchester when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 837 763 875 Closed companies in 2013 670 500 1,232 % change 24.9% 52.6% -29% Record Year 2014 (837) 2008 (980) 2013 (1,232)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Manchester during the third quarter of 2014 (Jul 2014 - Sep 2014) was 594 companies.
third quarter (Jul 2014 - Sep 2014) Manchester UK 2014 594 41,744 2013 424 46,514 Record Year 2011 (942) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 221 174 199 Net growth in 2013 346 423 -345 Record Year 2008 (511) 2013 (423) 2012 (423)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Manchester formed 2.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Manchester 2014 2.1% 2013 2.1% 2012 2.2% 2011 2.2% 2010 2.1% Record Year (since 1960) 1990 (2.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 2.1% 2.1% 2.2% UK formation share in 2013 2.2% 2.2% 2.0% % change -5.4% -3.2% 11.1% Record Year 1970 (2.9%) 1986 (2.8%) 1990 (2.8%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 41.7.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Manchester was in 2013 when 24.7% of all directors were female.
22.7% of all director appointments in Manchester in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.00% CONSULTING 5.17% MANCHESTER 1.68% MANAGEMENT 4.63% CONSULTING 1.31% CONSULTANCY 3.55% CONSULTANCY 1.29% PROPERTY 2.62% TRADING 1.20% ENGINEERING 2.07% PROPERTY 1.17% CONSTRUCTION 2.05% CARE 1.06% TRADING 2.00% PROPERTIES 0.99% LONDON 1.95% ENGINEERING 0.90% CARE 1.94% MEDICAL 0.90% TRANSPORT 1.76% CO., 0.81% DESIGN 1.70% INVESTMENTS 0.73% CONSULTANTS 1.70% MEDIA 0.71% PROPERTIES 1.63% DEVELOPMENTS 0.71% BUSINESS 1.62% CONSULTANTS 0.68% J 1.53% MARKETING 0.68% ELECTRICAL 1.53% ENTERPRISES 0.65% GLOBAL 1.51% TRANSPORT 0.65% INVESTMENTS 1.50% GLOBAL 0.64% ASSOCIATES 1.48% ASSOCIATES 0.64% MEDIA 1.38% BUSINESS 0.62% CO., 1.36% FASHION 0.59% DEVELOPMENTS 1.35% ESTATES 0.59% BUILDING 1.30% DESIGN 0.56% IT 1.30% CO 0.56% M 1.23%
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 7,116 278,481 99999 - Dormant Company 1,094 48,286 96090 - Other service activities not elsewhere classified 852 28,224 82990 - Other business support service activities not elsewhere classified 845 57,264 70229 - Management consultancy activities other than financial management 573 40,717 62020 - Information technology consultancy activities 454 29,313 56101 - Licensed restaurants 359 8,546 68209 - Other letting and operating of own or leased real estate 323 10,361 56103 - Take-away food shops and mobile food stands 301 7,917 47910 - Retail sale via mail order houses or via Internet 300 9,914 86900 - Other human health activities 292 11,807 74909 - Other professional, scientific and technical activities not elsewhere classified 273 18,890 74990 - Non-trading company 244 14,006 62090 - Other information technology service activities 236 12,795 68100 - Buying and selling of own real estate 210 6,595 86210 - General medical practice activities 208 4,406 41100 - Development of building projects 198 10,604 62012 - Business and domestic software development 170 9,675 43999 - Other specialised construction activities not elsewhere classified 158 8,501 47990 - Other retail sale not in stores, stalls or markets 150 6,327
Recent Companies
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Randomly selected companies from this quarter
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