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
New Company Registrations
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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) Manchester UK 2015 3,334 161,156 2014 3,200 150,722 % change 4.2% 6.9% Record Year 2015 (3,334) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 1,049 1,039 1,246 New companies in 2014 1,030 959 1,211 % change 1.8% 8.3% 2.9% Record Year 2015 (1,049) 2015 (1,039) 2015 (1,246)
Closed Companies (dissolved)
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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) Manchester UK 2015 1,985 89,523 2014 1,896 82,370 % change 4.7% 8.7% Record Year 2015 (1,985) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 533 670 782 Closed companies in 2014 669 637 590 % change -20.3% 5.2% 33% Record Year 2011 (712) 2015 (670) 2009 (1,260)
Net Company Growth
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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) Manchester UK 2015 1,349 71,633 2014 1,304 68,352 Record Year 2012 (1,476) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 516 369 464 Net growth in 2014 361 322 621 Record Year 2015 (516) 2013 (489) 2012 (636)
UK Company Share
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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 2015 2.1% 2014 2.1% 2013 2.1% 2012 2.2% 2011 1.9% Record Year (since 1960) 1990 (2.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 2.2% 2.0% 2.0% UK formation share in 2014 2.2% 2.0% 2.2% % change -0.1% -0.2% -6.2% Record Year 1991 (3.1%) 1981 (2.7%) 1952 (3.6%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.00% CONSULTING 5.23% MANCHESTER 1.71% MANAGEMENT 4.56% CONSULTANCY 1.44% CONSULTANCY 3.62% CONSULTING 1.29% PROPERTY 2.72% PROPERTY 1.24% CONSTRUCTION 2.19% MEDICAL 1.15% CARE 2.13% TRADING 1.12% ENGINEERING 2.12% CARE 1.06% LONDON 1.91% CO., 0.97% TRADING 1.88% PROPERTIES 0.95% TRANSPORT 1.82% ENGINEERING 0.90% ELECTRICAL 1.76% GROUP 0.86% DESIGN 1.65% GLOBAL 0.74% PROPERTIES 1.63% CO 0.72% CO., 1.58% ASSOCIATES 0.71% J 1.55% INVESTMENTS 0.70% CONSULTANTS 1.54% TRANSPORT 0.64% BUSINESS 1.49% DESIGN 0.63% INVESTMENTS 1.49% MEDIA 0.63% GLOBAL 1.46% CONSULTANTS 0.63% ASSOCIATES 1.44% M 0.62% DEVELOPMENTS 1.36% CONSTRUCTION 0.59% BUILDING 1.31% HOLDINGS 0.59% IT 1.30% DEVELOPMENTS 0.59% MEDIA 1.28% MARKETING 0.58% M 1.27%
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 7,289 288,953 99999 - Dormant Company 1,066 49,474 96090 - Other service activities not elsewhere classified 914 29,218 82990 - Other business support service activities not elsewhere classified 844 58,522 70229 - Management consultancy activities other than financial management 645 43,081 62020 - Information technology consultancy activities 472 30,825 56101 - Licensed restaurants 354 8,909 68209 - Other letting and operating of own or leased real estate 348 11,600 86900 - Other human health activities 348 13,990 47910 - Retail sale via mail order houses or via Internet 319 10,200 56103 - Take-away food shops and mobile food stands 297 8,607 74909 - Other professional, scientific and technical activities not elsewhere classified 273 19,098 68100 - Buying and selling of own real estate 243 7,450 74990 - Non-trading company 240 13,794 62090 - Other information technology service activities 238 12,862 41100 - Development of building projects 229 11,863 86210 - General medical practice activities 217 4,793 62012 - Business and domestic software development 177 9,651 68320 - Management of real estate on a fee or contract basis 164 6,154 47990 - Other retail sale not in stores, stalls or markets 157 6,557
Recent Companies
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Randomly selected companies from this quarter
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