Manchester, Greater Manchester

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Manchester when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Manchester when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Manchester when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Manchester when compared to any previous December.
  • November 2014 saw a new record in company registrations in Manchester when compared to any previous November.
  • December 2014 saw a new record in company closures in Manchester when compared to any previous December.
  • November 2014 saw a new record in net growth in Manchester when compared to any previous November.

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. Annual Data (2014)

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

    A total of 12,497 companies were formed in Manchester in 2014. This total is 11.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearManchesterUK
    201412,497582,051
    201311,164529,363
    201210,602491,893
    20119,329452,870
    20107,978400,358
    Record Year2014 (12,497)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 6,044 companies were formed in Manchester. This figure is 9.7% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Manchester occurred in 2014 when a total of 6,044 were formed.

    Half Year (Jul-Dec)ManchesterUK
    20146,044281,320
    20135,510259,931
    % change9.7%8.2%
    Record Year2014 (6,044)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Manchester when compared to any previous Q4.

    A total of 2,975 companies were registered in Manchester during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 10.8% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)ManchesterUK
    20142,975137,906
    20132,684127,247
    % change10.8%8.4%
    Record Year 2014 (2,975) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141,0611,057857
    New companies in 20131,067896721
    % change-0.6%18.0%18.9%
    Record Year2013 (1,067)2014 (1,057)2014 (857)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 8,495 companies were dissolved in Manchester in 2014. This total is 15.3% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearManchesterUK
    20148,495367,937
    20137,369332,213
    20126,159293,729
    20116,267314,524
    20106,562342,233
    Record Year2009 (8,864)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 4,457 companies were dissolved in Manchester. This figure is 2.3% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Manchester occurred in 2013 when a total of 4,561 were closed.

    Half Year (Jul-Dec)ManchesterUK
    20144,457190,730
    20134,561177,021
    % change-2.3%7.7%
    Record Year2013 (4,561)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 1,982 companies were dissolved in Manchester during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 8.2% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)ManchesterUK
    20141,98289,060
    20132,15990,851
    % change-8.2%-2.0%
    Record Year 2013 (2,159) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Manchester when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014569659754
    Closed companies in 2013827676656
    % change-31.2%-2.5%15%
    Record Year2013 (827)2013 (676)2014 (754)

Net Company Growth

  1. Annual Data (2014)

    A total of 4,002 companies were added to the company register for Manchester in 2014. This number represents growth of 32.0% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 207 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Manchester company register grew by 4,443 companies.

    YearManchesterUK
    20144,002214,114
    20133,795197,150
    20124,443198,164
    20113,062138,346
    20101,41658,125
    Record Year2012 (4,443)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Manchester increased by 1,587 companies.

    Half Year (Jul-Dec)ManchesterUK
    20141,58790,590
    201394982,910
    Record Year2012 (1,940)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Manchester during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 993 companies.

    fourth quarter (Oct 2014 - Dec 2014)ManchesterUK
    201499348,846
    201352536,396
    Record Year 2012 (1,005) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014492398103
    Net growth in 201324022065
    Record Year2003 (531)2014 (398)2012 (402)

UK Company Share

  1. Annual Data (2014)

    In 2014 Manchester formed 2.1% of all UK companies. This is no change on 2013 when Manchester was responsible for 2.1% of all UK companies.

    YearManchester
    20142.1%
    20132.1%
    20122.2%
    20112.1%
    20102.0%
    Record Year (since 1960)1990 (2.6%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Manchester
    20142.1%
    20132.1%
    20122.1%
    20112.1%
    20102.0%
    Record Year (since 1960) 1990 (2.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Manchester
    20142.2%
    20132.1%
    20122.1%
    20112.1%
    20102.0%
    Record Year (since 1960) 1989 (2.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20142.0%2.3%2.1%
    UK formation share in 20132.2%2.1%2.1%
    % change-5.4%12.0%1.7%
    Record Year1970 (3.5%)1976 (3.3%)1979 (3.4%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 41.7.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 41.6.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 41.4.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Manchester was 1974 when 50.0% of all directors were female.

    The percentage of female directors in Manchester in 2014 was 22.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Manchester was 2013 when 23.6% of all directors were female.

    22.5% of all director appointments in Manchester in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Manchester was in 2012 when 24.3% of all directors were female.

    22.3% of all director appointments in Manchester in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.99%CONSULTING5.22%
    MANCHESTER1.65%MANAGEMENT4.58%
    CONSULTANCY1.41%CONSULTANCY3.57%
    CONSULTING1.37%PROPERTY2.66%
    PROPERTY1.21%CONSTRUCTION2.12%
    TRADING1.19%ENGINEERING2.10%
    CARE1.02%CARE2.02%
    PROPERTIES1.02%TRADING1.94%
    MEDICAL0.97%LONDON1.93%
    CO.,0.95%TRANSPORT1.93%
    ENGINEERING0.83%DESIGN1.66%
    DEVELOPMENTS0.73%CONSULTANTS1.64%
    INVESTMENTS0.69%ELECTRICAL1.62%
    CONSULTANTS0.67%PROPERTIES1.62%
    MARKETING0.66%BUSINESS1.56%
    GLOBAL0.66%J1.54%
    MEDIA0.64%CO.,1.50%
    TRANSPORT0.64%GLOBAL1.49%
    ENTERPRISES0.62%INVESTMENTS1.48%
    ASSOCIATES0.62%ASSOCIATES1.47%
    CO0.60%DEVELOPMENTS1.35%
    FASHION0.58%MEDIA1.33%
    ESTATES0.56%IT1.31%
    ELECTRICAL0.55%BUILDING1.29%
    CONSTRUCTION0.55%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied6,763265,608
    99999 - Dormant Company1,05148,509
    96090 - Other service activities not elsewhere classified88829,009
    82990 - Other business support service activities not elsewhere classified86358,068
    70229 - Management consultancy activities other than financial management61942,290
    62020 - Information technology consultancy activities47330,178
    68209 - Other letting and operating of own or leased real estate35511,212
    56101 - Licensed restaurants3558,782
    47910 - Retail sale via mail order houses or via Internet32110,107
    86900 - Other human health activities32012,976
    56103 - Take-away food shops and mobile food stands2978,318
    74909 - Other professional, scientific and technical activities not elsewhere classified28419,049
    74990 - Non-trading company25213,984
    62090 - Other information technology service activities24212,837
    41100 - Development of building projects22911,397
    86210 - General medical practice activities2214,591
    68100 - Buying and selling of own real estate2197,106
    62012 - Business and domestic software development1729,752
    47990 - Other retail sale not in stores, stalls or markets1616,452
    43999 - Other specialised construction activities not elsewhere classified1618,761

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09333538 B DEVYNE INVESTMENTS LTD 01 Dec 2014
    09334044 CLIENT SOLUTIONS (UK ) LIMITED 01 Dec 2014
    09334066 FIX YOUR BILLS LIMITED 01 Dec 2014
    09334410 JT ELECTRICAL INSTALLATIONS LTD 01 Dec 2014
    09336175 SOWERBY STREET RTM COMPANY LIMITED 02 Dec 2014
    09340904 GLOBAL CHAUFFEUR SERVICES LTD 04 Dec 2014
    09345984 J.L.WHITCOMBE LTD 08 Dec 2014
    09346733 SCHAKT OCH MARK LANDSLAGET LIMITED 09 Dec 2014
    09348285 NERA ECONOMIC CONSULTING LTD 09 Dec 2014
    09349404 PARAMOUNT FINANCIAL LIMITED 10 Dec 2014
    09351482 ICONIX MENA LTD 11 Dec 2014
    09353447 FLORENCE BIDCO LIMITED 12 Dec 2014
    09354122 ISTEQAMAH CONSULTING LTD 15 Dec 2014
    09358040 ASIA CONSULTANTS LTD 17 Dec 2014
    09359396 PROVISAGE MCS LTD 17 Dec 2014
    09360692 A3 ASSET MANAGEMENT LTD 18 Dec 2014
    09368168 AH PROJECT (UK) LTD 29 Dec 2014
    09369177 WINTERGREEN LTD 29 Dec 2014
    09335272 JAMBONE LTD 01 Dec 2014
    09348730 A & S DALAL (UK) LIMITED 10 Dec 2014
    09349585 OSMIUM ESTATES LIMITED 10 Dec 2014
    09351752 LDP GRP LIMITED 11 Dec 2014
    09352357 LATIUM DORMANTS LIMITED 12 Dec 2014
    09353780 FILIPPINI AND GRAY LTD 12 Dec 2014
    09353909 CLICHE MARKETING LTD 12 Dec 2014