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Manchester, Greater Manchester

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Manchester when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Manchester when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Manchester when compared to any previous March.
  • March 2015 was a record month for company registrations in Manchester when compared to any month in history.
  • February 2015 saw a new record in company registrations in Manchester when compared to any previous February.
  • January 2015 saw a new record in company registrations in Manchester when compared to any previous January.
  • February 2015 saw a new record in company closures in Manchester when compared to any previous February.
  • January 2015 saw a new record in net growth in Manchester when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Manchester when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Manchester when compared to any quarter in history.

    A total of 3,334 companies were registered in Manchester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 4.2% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)ManchesterUK
    20153,334161,156
    20143,200150,722
    % change4.2%6.9%
    Record Year 2015 (3,334) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Manchester when compared to any previous March.

    March 2015 was a record month for company registrations in Manchester when compared to any month in history.

    February 2015 saw a new record in company registrations in Manchester when compared to any previous February.

    January 2015 saw a new record in company registrations in Manchester when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20151,0491,0391,246
    New companies in 20141,0309591,211
    % change1.8%8.3%2.9%
    Record Year2015 (1,049)2015 (1,039)2015 (1,246)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 1,985 companies were dissolved in Manchester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 4.7% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)ManchesterUK
    20151,98589,523
    20141,89682,370
    % change4.7%8.7%
    Record Year 2015 (1,985) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Manchester when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015533670782
    Closed companies in 2014669637590
    % change-20.3%5.2%33%
    Record Year2011 (712)2015 (670)2009 (1,260)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Manchester during the first quarter of 2015 (Jan 2015 - Mar 2015) was 1,349 companies.

    first quarter (Jan 2015 - Mar 2015)ManchesterUK
    20151,34971,633
    20141,30468,352
    Record Year 2012 (1,476) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Manchester when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015516369464
    Net growth in 2014361322621
    Record Year2015 (516)2013 (489)2012 (636)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Manchester formed 2.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Manchester
    20152.1%
    20142.1%
    20132.1%
    20122.2%
    20111.9%
    Record Year (since 1960) 1990 (2.7%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20152.2%2.0%2.0%
    UK formation share in 20142.2%2.0%2.2%
    % change-0.1%-0.2%-6.2%
    Record Year1991 (3.1%)1981 (2.7%)1952 (3.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Manchester was in 2013 when 27.0% of all directors were female.

    25.0% of all director appointments in Manchester in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.00%CONSULTING5.23%
    MANCHESTER1.71%MANAGEMENT4.56%
    CONSULTANCY1.44%CONSULTANCY3.62%
    CONSULTING1.29%PROPERTY2.72%
    PROPERTY1.24%CONSTRUCTION2.19%
    MEDICAL1.15%CARE2.13%
    TRADING1.12%ENGINEERING2.12%
    CARE1.06%LONDON1.91%
    CO.,0.97%TRADING1.88%
    PROPERTIES0.95%TRANSPORT1.82%
    ENGINEERING0.90%ELECTRICAL1.76%
    GROUP0.86%DESIGN1.65%
    GLOBAL0.74%PROPERTIES1.63%
    CO0.72%CO.,1.58%
    ASSOCIATES0.71%J1.55%
    INVESTMENTS0.70%CONSULTANTS1.54%
    TRANSPORT0.64%BUSINESS1.49%
    DESIGN0.63%INVESTMENTS1.49%
    MEDIA0.63%GLOBAL1.46%
    CONSULTANTS0.63%ASSOCIATES1.44%
    M0.62%DEVELOPMENTS1.36%
    CONSTRUCTION0.59%BUILDING1.31%
    HOLDINGS0.59%IT1.30%
    DEVELOPMENTS0.59%MEDIA1.28%
    MARKETING0.58%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,289288,953
    99999 - Dormant Company1,06649,474
    96090 - Other service activities not elsewhere classified91429,218
    82990 - Other business support service activities not elsewhere classified84458,522
    70229 - Management consultancy activities other than financial management64543,081
    62020 - Information technology consultancy activities47230,825
    56101 - Licensed restaurants3548,909
    68209 - Other letting and operating of own or leased real estate34811,600
    86900 - Other human health activities34813,990
    47910 - Retail sale via mail order houses or via Internet31910,200
    56103 - Take-away food shops and mobile food stands2978,607
    74909 - Other professional, scientific and technical activities not elsewhere classified27319,098
    68100 - Buying and selling of own real estate2437,450
    74990 - Non-trading company24013,794
    62090 - Other information technology service activities23812,862
    41100 - Development of building projects22911,863
    86210 - General medical practice activities2174,793
    62012 - Business and domestic software development1779,651
    68320 - Management of real estate on a fee or contract basis1646,154
    47990 - Other retail sale not in stores, stalls or markets1576,557

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09374795 CARGO GALLERY INTERNATIONAL LOGISTICS CO LTD 06 Jan 2015
    09376855 MANCUNIAN PRESS LIMITED 07 Jan 2015
    09377364 SONNISS LTD 07 Jan 2015
    09378017 GADGETZI LTD 07 Jan 2015
    09380925 THAI CORNER CREWE LIMITED 09 Jan 2015
    09382146 SOUFFLET MALT UK LIMITED 09 Jan 2015
    09382205 MP & QS PROPERTIES LIMITED 09 Jan 2015
    09386647 MSU BYGG OCH RENOVERING LIMITED 13 Jan 2015
    09387321 TEAM FIRST APP LTD 13 Jan 2015
    09389209 COVER SHOT STUDIOS LIMITED 14 Jan 2015
    09391610 HAIGH HALL HOTEL LIMITED 15 Jan 2015
    09391862 TASTEBUDS RECRUITMENT LTD 16 Jan 2015
    09392276 WE POWER LTD 16 Jan 2015
    09394070 COSTANZO ENRICO LIMITED 19 Jan 2015
    09394676 POLE INSPIRED FITNESS LTD. 19 Jan 2015
    09395315 SCI FINANCE LIMITED 19 Jan 2015
    09398514 UNIBULKBUY LTD 21 Jan 2015
    09398567 GUIDE TO MANCHESTER LIMITED 21 Jan 2015
    09402264 A2CONSORTIO LIMITED 22 Jan 2015
    09404639 A-TECH REPAIR CENTRE LTD 26 Jan 2015
    09408148 BLUEWATER F & B LIMITED 27 Jan 2015
    09414078 KUN KEI MOTORS LIMITED 30 Jan 2015
    09375016 WELDING ENGINEERING SUPPORT LIMITED 06 Jan 2015
    09376415 GLOBAL JET PARTNER LIMITED 06 Jan 2015
    09379033 XAANI LTD 08 Jan 2015

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