Morecambe, Lancashire

2012 Annual Business Confidence Report

Headlines

  • October 2012 saw a new record in company registrations in Morecambe when compared to any previous October.

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 (2012)

    A total of 157 companies were formed in Morecambe in 2012. This total is 4.7% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearMorecambeUK
    2012157491,893
    2011150452,870
    2010123400,358
    2009111362,675
    2008136349,203
    Record Year2007 (241)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 79 companies were formed in Morecambe. This figure is 14.5% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Morecambe occurred in 2003 when a total of 88 were formed.

    Half Year (Jul-Dec)MorecambeUK
    201279238,743
    201169224,135
    % change14.5%6.5%
    Record Year2003 (88)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 42 companies were registered in Morecambe during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 35.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)MorecambeUK
    201242119,875
    201131109,623
    % change35.5%9.4%
    Record Year 2007 (43) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company registrations in Morecambe when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201217187
    New companies in 201114116
    % change21.4%63.6%16.7%
    Record Year2012 (17)2007 (19)2003 (10)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 97 companies were dissolved in Morecambe in 2012. This total is 3.2% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearMorecambeUK
    201297293,728
    201194314,524
    2010175342,233
    2009237533,787
    200881237,873
    Record Year2009 (237)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 51 companies were dissolved in Morecambe. This figure is 4.1% higher than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in Morecambe occurred in 2009 when a total of 127 were closed.

    Half Year (Jul-Dec)MorecambeUK
    201251145,934
    201149152,213
    % change4.1%-4.1%
    Record Year2009 (127)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 23 companies were dissolved in Morecambe during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 25.8% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)MorecambeUK
    20122370,026
    20113179,983
    % change-25.8%-12.4%
    Record Year 2009 (70) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20128123
    Closed companies in 201141314
    % change100.0%-7.7%-79%
    Record Year2009 (22)2009 (32)2009 (16)

Net Company Growth

  1. Annual Data (2012)

    A total of 60 companies were added to the company register for Morecambe in 2012. This number represents growth of 40.0% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 4 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.

    YearMorecambeUK
    201260198,165
    201156138,346
    2010-5258,125
    2009-126-171,112
    200855111,330
    Record Year2003 (166)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Morecambe increased by 28 companies.

    Half Year (Jul-Dec)MorecambeUK
    20122892,809
    20112071,922
    Record Year2003 (63)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Morecambe during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 19 companies.

    fourth quarter (Oct 2012 - Dec 2012)MorecambeUK
    20121949,849
    2011029,640
    Record Year 2003 (27) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012964
    Net growth in 201110-2-8
    Record Year2002 (12)2003 (14)2007 (7)

UK Company Share

  1. Annual Data (2012)

    In 2012 Morecambe formed 0.0% of all UK companies. This is no change on 2011 when Morecambe was responsible for 0.0% of all UK companies.

    YearMorecambe
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960)1969 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Morecambe formed 0.0% of all UK companies. This is the same as the 2011 figure of 0.0%.

    Half Year (Jul-Dec)Morecambe
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1969 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Morecambe formed 0.0% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Morecambe
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1970 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.0%0.0%0.0%
    UK formation share in 20110.0%0.0%0.0%
    % change1.9%55.7%13.8%
    Record Year1960 (0.2%)1969 (0.2%)1970 (0.3%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 45.9.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 44.9.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 43.7.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Morecambe was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Morecambe in 2012 was 39.0%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Morecambe was 1860 when 42.9% of all directors were female.

    22.5% of all director appointments in Morecambe in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Morecambe was in 1977 when 31.2% of all directors were female.

    27.7% of all director appointments in Morecambe in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    M1.89%CONSULTING5.15%
    MORECAMBE1.89%MANAGEMENT4.78%
    MANAGEMENT1.89%CONSULTANCY3.31%
    BAY1.58%PROPERTY2.40%
    (MORECAMBE)1.58%TRADING2.03%
    LETTINGS1.26%DESIGN1.86%
    HOUSE1.26%ASSOCIATES1.82%
    SALES1.26%ENGINEERING1.79%
    J0.95%BUSINESS1.76%
    CARS0.95%CONSULTANTS1.75%
    DEVELOPMENTS0.95%CONSTRUCTION1.69%
    PROPERTY0.95%LONDON1.69%
    SCHOOL0.95%MEDIA1.69%
    S0.95%GLOBAL1.59%
    C0.63%J1.57%
    HIRE0.63%INVESTMENTS1.46%
    DISTRIBUTION0.63%IT1.43%
    GLASS0.63%CARE1.39%
    LAKELAND0.63%PROPERTIES1.34%
    CASTLEGATE0.63%M1.26%
    GREEN0.63%BUILDING1.23%
    PROMENADE0.63%ENTERPRISES1.21%
    (NW)0.63%TRAINING1.18%
    SUPPLIES0.63%ELECTRICAL1.17%
    PLUMBING0.63%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied74236,139
    82990 - Other business support service activities not elsewhere classified1952,427
    99999 - Dormant Company940,648
    70229 - Management consultancy activities other than financial management830,396
    86900 - Other human health activities67,866
    96090 - Other service activities not elsewhere classified622,058
    47910 - Retail sale via mail order houses or via Internet66,307
    49410 - Freight transport by road55,165
    74990 - Non-trading company513,808
    45200 - Maintenance and repair of motor vehicles54,290
    74909 - Other professional, scientific and technical activities not elsewhere classified515,572
    41202 - Construction of domestic buildings44,882
    56302 - Public houses and bars44,543
    62020 - Information technology consultancy activities423,256
    69201 - Accounting and auditing activities46,177
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating32,758
    85590 - Other education not elsewhere classified34,677
    68209 - Other letting and operating of own or leased real estate36,971
    63110 - Data processing, hosting and related activities3892
    41100 - Development of building projects37,980

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08324494 HEROES HOMES LIMITED 10 Dec 2012
    08326312 LITTLE TREASURES MARKET LTD 11 Dec 2012
    08330845 KWP (NW) SERVICES LTD 13 Dec 2012
    08318866 RANCH HOUSE BAR LIMITED 05 Dec 2012
    08325106 BROADWAY HOTEL (MORECAMBE) LIMITED 11 Dec 2012
    08333391 BAY SEA SCHOOL LIMITED 17 Dec 2012
    08337799 FESTIVAL BLINDS LIMITED 20 Dec 2012

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