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

  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 (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)ManchesterUK
    20143,069143,414
    20132,826132,684
    % change8.6%8.1%
    Record Year 2014 (3,069) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 20141,0589371,074
    New companies in 20131,016923887
    % change4.1%1.5%21.1%
    Record Year2014 (1,058)2014 (937)2014 (1,074)

Closed Companies (dissolved)

  1. 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)ManchesterUK
    20142,475101,670
    20132,40286,170
    % change3.0%18.0%
    Record Year 2014 (2,475) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014837763875
    Closed companies in 20136705001,232
    % change24.9%52.6%-29%
    Record Year2014 (837)2008 (980)2013 (1,232)

Net Company Growth

  1. 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)ManchesterUK
    201459441,744
    201342446,514
    Record Year 2011 (942) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014221174199
    Net growth in 2013346423-345
    Record Year2008 (511)2013 (423)2012 (423)

UK Company Share

  1. 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
    20142.1%
    20132.1%
    20122.2%
    20112.2%
    20102.1%
    Record Year (since 1960) 1990 (2.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20142.1%2.1%2.2%
    UK formation share in 20132.2%2.2%2.0%
    % change-5.4%-3.2%11.1%
    Record Year1970 (2.9%)1986 (2.8%)1990 (2.8%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.00%CONSULTING5.17%
    MANCHESTER1.68%MANAGEMENT4.63%
    CONSULTING1.31%CONSULTANCY3.55%
    CONSULTANCY1.29%PROPERTY2.62%
    TRADING1.20%ENGINEERING2.07%
    PROPERTY1.17%CONSTRUCTION2.05%
    CARE1.06%TRADING2.00%
    PROPERTIES0.99%LONDON1.95%
    ENGINEERING0.90%CARE1.94%
    MEDICAL0.90%TRANSPORT1.76%
    CO.,0.81%DESIGN1.70%
    INVESTMENTS0.73%CONSULTANTS1.70%
    MEDIA0.71%PROPERTIES1.63%
    DEVELOPMENTS0.71%BUSINESS1.62%
    CONSULTANTS0.68%J1.53%
    MARKETING0.68%ELECTRICAL1.53%
    ENTERPRISES0.65%GLOBAL1.51%
    TRANSPORT0.65%INVESTMENTS1.50%
    GLOBAL0.64%ASSOCIATES1.48%
    ASSOCIATES0.64%MEDIA1.38%
    BUSINESS0.62%CO.,1.36%
    FASHION0.59%DEVELOPMENTS1.35%
    ESTATES0.59%BUILDING1.30%
    DESIGN0.56%IT1.30%
    CO0.56%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,116278,481
    99999 - Dormant Company1,09448,286
    96090 - Other service activities not elsewhere classified85228,224
    82990 - Other business support service activities not elsewhere classified84557,264
    70229 - Management consultancy activities other than financial management57340,717
    62020 - Information technology consultancy activities45429,313
    56101 - Licensed restaurants3598,546
    68209 - Other letting and operating of own or leased real estate32310,361
    56103 - Take-away food shops and mobile food stands3017,917
    47910 - Retail sale via mail order houses or via Internet3009,914
    86900 - Other human health activities29211,807
    74909 - Other professional, scientific and technical activities not elsewhere classified27318,890
    74990 - Non-trading company24414,006
    62090 - Other information technology service activities23612,795
    68100 - Buying and selling of own real estate2106,595
    86210 - General medical practice activities2084,406
    41100 - Development of building projects19810,604
    62012 - Business and domestic software development1709,675
    43999 - Other specialised construction activities not elsewhere classified1588,501
    47990 - Other retail sale not in stores, stalls or markets1506,327

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC394590 THISTLE DEVCO LLP 01 Aug 2014
    09157736 ODD BUG STUDIO LIMITED 01 Aug 2014
    09166645 LIFEPULSE LIMITED 07 Aug 2014
    09169687 UGT USA LIMITED 11 Aug 2014
    09169708 BIURO PORAD LIMITED 11 Aug 2014
    09172908 CHI KITCHEN LIMITED 13 Aug 2014
    09182127 ROLF OLSEN LTD 19 Aug 2014
    09182517 MR PATCH LTD 19 Aug 2014
    09184010 AY OPTICAL LTD 20 Aug 2014
    09184288 JACKSON & MCGILL LIMITED 20 Aug 2014
    09185036 RIVERSIDE HOLMES LIMITED 21 Aug 2014
    09185919 FG GEORGE H LTD 21 Aug 2014
    OC394964 SOVEREIGN GLOBAL PARTNERSHIP LLP 29 Aug 2014
    09190179 CHARLIE SCOTT LTD 28 Aug 2014
    09191105 TRFX TRADING LIMITED 28 Aug 2014
    09191206 GREATER MANCHESTER PILATES LIMITED 28 Aug 2014
    09192244 MCIVER KNIGHT ASSOCIATES LTD 29 Aug 2014
    09192783 KR RAIL (UK) LTD 29 Aug 2014
    09193122 PRIORITY EVENTS SALES LIMITED 29 Aug 2014
    09193602 DALE STREET DEVELOPMENTS LIMITED 29 Aug 2014
    09194793 B & A WEBBER PROPERTIES LIMITED 29 Aug 2014
    09164438 LUMEN WINDOWS LIMITED 06 Aug 2014
    09164641 THE GEMMA DAVISON ACADEMY LTD 06 Aug 2014
    09166186 CIRCLE WATER LTD 07 Aug 2014
    09169845 AGHOCO 1243 LIMITED 11 Aug 2014