Morecambe, Lancashire
2010 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2010)
A total of 123 companies were formed in Morecambe in 2010. This total is 10.8% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Morecambe UK 2010 123 400,358 2009 111 362,675 2008 136 349,203 2007 241 457,649 2006 148 405,440 Record Year 2007 (241) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 52 companies were formed in Morecambe. This figure is 8.8% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Morecambe occurred in 2003 when a total of 88 were formed.
Half Year (Jul-Dec) Morecambe UK 2010 52 196,609 2009 57 180,654 % change -8.8% 8.8% Record Year 2003 (88) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 22 companies were registered in Morecambe during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 15.4% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Morecambe UK 2010 22 95,117 2009 26 85,983 % change -15.4% 10.6% Record Year 2007 (43) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 10 6 6 New companies in 2009 7 10 9 % change 42.9% -40.0% -33.3% Record Year 2002 (15) 2006 (19) 2003 (10)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 175 companies were dissolved in Morecambe in 2010. This total is 26.2% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Morecambe UK 2010 175 342,232 2009 237 533,773 2008 81 237,901 2007 84 220,295 2006 91 200,166 Record Year 2009 (237) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 86 companies were dissolved in Morecambe. This figure is 32.3% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Morecambe occurred in 2009 when a total of 127 were closed.
Half Year (Jul-Dec) Morecambe UK 2010 86 164,601 2009 127 244,537 % change -32.3% -32.7% Record Year 2009 (127) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 30 companies were dissolved in Morecambe during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 57.1% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Morecambe UK 2010 30 76,896 2009 70 85,136 % change -57.1% -9.7% Record Year 2009 (70) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 7 15 8 Closed companies in 2009 22 32 16 % change -68.2% -53.1% -50% Record Year 2009 (22) 2009 (32) 2009 (16)
Net Company Growth
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Annual Data (2010)
A total of -52 companies were removed to the company register for Morecambe in 2010. This number represents decline of 46.8% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 74 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Morecambe company register grew by 166 companies.
Year Morecambe UK 2010 -52 58,126 2009 -126 -171,098 2008 55 111,302 2007 157 237,354 2006 57 205,274 Record Year 2003 (166) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Morecambe decreased by 34 companies.
Half Year (Jul-Dec) Morecambe UK 2010 -34 32,008 2009 -70 -63,883 Record Year 2003 (63) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Morecambe during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -8 companies.
fourth quarter (Oct 2010 - Dec 2010) Morecambe UK 2010 -8 18,221 2009 -44 847 Record Year 2003 (27) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 3 -9 -2 Net growth in 2009 -15 -22 -7 Record Year 2002 (12) 2003 (14) 2007 (7)
UK Company Share
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Annual Data (2010)
In 2010 Morecambe formed 0.0% of all UK companies. This is no change on 2009 when Morecambe was responsible for 0.0% of all UK companies.
Year Morecambe 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.1% 2006 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Morecambe formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Morecambe 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Morecambe formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Morecambe 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.1% 2006 0.0% Record Year (since 1960) 1970 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.0% 0.0% 0.0% UK formation share in 2009 0.0% 0.0% 0.0% % change 24.8% -46.3% -36.7% Record Year 1960 (0.2%) 1969 (0.2%) 1970 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.7.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 6.8% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 44.5.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 42.4.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Morecambe was 1857 when 36.4% of all directors were female.
The percentage of female directors in Morecambe in 2010 was 30.4%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Morecambe was 1860 when 42.9% of all directors were female.
24.4% of all director appointments in Morecambe in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Morecambe was in 1977 when 31.1% of all directors were female.
26.7% of all director appointments in Morecambe in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MORECAMBE 2.33% CONSULTING 5.06% (MORECAMBE) 2.33% MANAGEMENT 5.01% BAY 1.94% CONSULTANCY 3.14% CONSULTANCY 1.55% PROPERTY 2.36% LANCASTER 1.16% TRADING 2.11% MANAGEMENT 1.16% ASSOCIATES 1.95% TRAINING 1.16% DESIGN 1.92% SYSTEMS 1.16% BUSINESS 1.82% BARE 1.16% CONSTRUCTION 1.82% WEST) 1.16% CONSULTANTS 1.76% (NORTH 1.16% MEDIA 1.71% WEST 1.16% ENGINEERING 1.62% CO 0.78% LONDON 1.60% ENGINEERING 0.78% CARE 1.45% FINANCIAL 0.78% INVESTMENTS 1.44% TRADING 0.78% GLOBAL 1.43% ROAD 0.78% J 1.42% JOHN 0.78% IT 1.41% HALL 0.78% PROPERTIES 1.34% CARE 0.78% INTERNATIONAL 1.34% HYGIENE 0.78% BUILDING 1.34% END 0.78% M 1.30% R 0.78% ELECTRICAL 1.25% CO. 0.78% SYSTEMS 1.24% WINDOWS 0.78% S 1.23%
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 77 199,572 7487 - Other business activities 21 63,348 9999 - Dormant Company 7 20,144 82990 - Other business support service activities not elsewhere classified 6 27,550 74909 - Other professional, scientific and technical activities not elsewhere classified 5 7,088 7499 - Non-trading company 5 12,000 68320 - Management of real estate on a fee or contract basis 4 3,097 68201 - Renting and operating of Housing Association real estate 4 366 4521 - General construction & civil engineering 4 6,598 86900 - Other human health activities 3 3,700 70229 - Management consultancy activities other than financial management 3 14,505 9305 - Other service activities 3 8,858 6024 - Freight transport by road 3 2,401 96090 - Other service activities not elsewhere classified 3 8,799 43330 - Floor and wall covering 3 574 68209 - Other letting and operating of own or leased real estate 2 3,755 7415 - Holding companies including head offices 2 1,851 4542 - Joinery installation 2 956 5020 - Maintenance & repair of motors 2 1,408 74990 - Non-trading company 2 8,243
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07473690 R & T WARREN DECORATORS LIMITED 20 Dec 2010 07470975 MORECAMBE BAY ACCOUNTANCY SYSTEMS LTD 15 Dec 2010 07464970 P.E.I SOLUTIONS LTD 09 Dec 2010 07471149 PYNE ENTERPRISES LTD 15 Dec 2010 07463741 AMD AVIATION LIMITED 08 Dec 2010 07461022 NEW INN MORECAMBE LIMITED 06 Dec 2010