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
New Company Registrations
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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.
Year Manchester UK 2014 12,497 582,051 2013 11,164 529,363 2012 10,602 491,893 2011 9,329 452,870 2010 7,978 400,358 Record Year 2014 (12,497) 2014 (582,051) New Companies by Year
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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) Manchester UK 2014 6,044 281,320 2013 5,510 259,931 % change 9.7% 8.2% Record Year 2014 (6,044) 2014 (281,320) New Companies by Half Year
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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) Manchester UK 2014 2,975 137,906 2013 2,684 127,247 % change 10.8% 8.4% Record Year 2014 (2,975) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 1,061 1,057 857 New companies in 2013 1,067 896 721 % change -0.6% 18.0% 18.9% Record Year 2013 (1,067) 2014 (1,057) 2014 (857)
Closed Companies (dissolved)
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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.
Year Manchester UK 2014 8,495 367,937 2013 7,369 332,213 2012 6,159 293,729 2011 6,267 314,524 2010 6,562 342,233 Record Year 2009 (8,864) 2009 (533,789) Dissolved Companies by Year
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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) Manchester UK 2014 4,457 190,730 2013 4,561 177,021 % change -2.3% 7.7% Record Year 2013 (4,561) 2009 (244,544) Dissolved Companies by Half Year
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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) Manchester UK 2014 1,982 89,060 2013 2,159 90,851 % change -8.2% -2.0% Record Year 2013 (2,159) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 569 659 754 Closed companies in 2013 827 676 656 % change -31.2% -2.5% 15% Record Year 2013 (827) 2013 (676) 2014 (754)
Net Company Growth
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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.
Year Manchester UK 2014 4,002 214,114 2013 3,795 197,150 2012 4,443 198,164 2011 3,062 138,346 2010 1,416 58,125 Record Year 2012 (4,443) 2007 (237,353) Net Growth by Year
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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) Manchester UK 2014 1,587 90,590 2013 949 82,910 Record Year 2012 (1,940) 2003 (117,772) Net Growth by Half Year
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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) Manchester UK 2014 993 48,846 2013 525 36,396 Record Year 2012 (1,005) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2014 492 398 103 Net growth in 2013 240 220 65 Record Year 2003 (531) 2014 (398) 2012 (402)
UK Company Share
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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.
Year Manchester 2014 2.1% 2013 2.1% 2012 2.2% 2011 2.1% 2010 2.0% Record Year (since 1960) 1990 (2.6%) Company Share by Year
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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 2014 2.1% 2013 2.1% 2012 2.1% 2011 2.1% 2010 2.0% Record Year (since 1960) 1990 (2.4%) Company Share by Half Year
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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 2014 2.2% 2013 2.1% 2012 2.1% 2011 2.1% 2010 2.0% Record Year (since 1960) 1989 (2.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 2.0% 2.3% 2.1% UK formation share in 2013 2.2% 2.1% 2.1% % change -5.4% 12.0% 1.7% Record Year 1970 (3.5%) 1976 (3.3%) 1979 (3.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.99% CONSULTING 5.22% MANCHESTER 1.65% MANAGEMENT 4.58% CONSULTANCY 1.41% CONSULTANCY 3.57% CONSULTING 1.37% PROPERTY 2.66% PROPERTY 1.21% CONSTRUCTION 2.12% TRADING 1.19% ENGINEERING 2.10% CARE 1.02% CARE 2.02% PROPERTIES 1.02% TRADING 1.94% MEDICAL 0.97% LONDON 1.93% CO., 0.95% TRANSPORT 1.93% ENGINEERING 0.83% DESIGN 1.66% DEVELOPMENTS 0.73% CONSULTANTS 1.64% INVESTMENTS 0.69% ELECTRICAL 1.62% CONSULTANTS 0.67% PROPERTIES 1.62% MARKETING 0.66% BUSINESS 1.56% GLOBAL 0.66% J 1.54% MEDIA 0.64% CO., 1.50% TRANSPORT 0.64% GLOBAL 1.49% ENTERPRISES 0.62% INVESTMENTS 1.48% ASSOCIATES 0.62% ASSOCIATES 1.47% CO 0.60% DEVELOPMENTS 1.35% FASHION 0.58% MEDIA 1.33% ESTATES 0.56% IT 1.31% ELECTRICAL 0.55% BUILDING 1.29% CONSTRUCTION 0.55% M 1.22%
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 6,763 265,608 99999 - Dormant Company 1,051 48,509 96090 - Other service activities not elsewhere classified 888 29,009 82990 - Other business support service activities not elsewhere classified 863 58,068 70229 - Management consultancy activities other than financial management 619 42,290 62020 - Information technology consultancy activities 473 30,178 68209 - Other letting and operating of own or leased real estate 355 11,212 56101 - Licensed restaurants 355 8,782 47910 - Retail sale via mail order houses or via Internet 321 10,107 86900 - Other human health activities 320 12,976 56103 - Take-away food shops and mobile food stands 297 8,318 74909 - Other professional, scientific and technical activities not elsewhere classified 284 19,049 74990 - Non-trading company 252 13,984 62090 - Other information technology service activities 242 12,837 41100 - Development of building projects 229 11,397 86210 - General medical practice activities 221 4,591 68100 - Buying and selling of own real estate 219 7,106 62012 - Business and domestic software development 172 9,752 47990 - Other retail sale not in stores, stalls or markets 161 6,452 43999 - Other specialised construction activities not elsewhere classified 161 8,761
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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