Morecambe, Lancashire

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company registrations in Morecambe when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Morecambe when compared to any previous Q4.
  • October 2014 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 (2014)

    A total of 191 companies were formed in Morecambe in 2014. This total is 1.5% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMorecambeUK
    2014191582,051
    2013194529,363
    2012157491,893
    2011150452,870
    2010123400,358
    Record Year2007 (241)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Morecambe when compared to any previous second half year.

    In the second half of 2014 a total of 97 companies were formed in Morecambe. This figure is 2.1% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Morecambe occurred in 2014 when a total of 97 were formed.

    Half Year (Jul-Dec)MorecambeUK
    201497281,320
    201395259,931
    % change2.1%8.2%
    Record Year2014 (97)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Morecambe when compared to any previous Q4.

    A total of 46 companies were registered in Morecambe during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 12.2% 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)MorecambeUK
    201446137,906
    201341127,247
    % change12.2%8.4%
    Record Year 2014 (46) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Morecambe when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014231310
    New companies in 2013151412
    % change53.3%-7.1%-16.7%
    Record Year2014 (23)2004 (19)2013 (12)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 124 companies were dissolved in Morecambe in 2014. This total is 11.7% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearMorecambeUK
    2014124367,937
    2013111332,213
    201297293,729
    201194314,524
    2010175342,233
    Record Year2009 (237)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 70 companies were dissolved in Morecambe. This figure is 11.1% higher than last year, which compares badly to the UK wide change of 7.7%.

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

    Half Year (Jul-Dec)MorecambeUK
    201470190,730
    201363177,021
    % change11.1%7.7%
    Record Year2009 (127)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 38 companies were dissolved in Morecambe during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 15.2% versus the same period last year (Q4 2013). This figure compares poorly 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)MorecambeUK
    20143889,060
    20133390,851
    % change15.2%-2.0%
    Record Year 2009 (70) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014121115
    Closed companies in 201314118
    % change-14.3%0.0%88%
    Record Year2009 (22)2009 (32)2009 (16)

Net Company Growth

  1. Annual Data (2014)

    A total of 67 companies were added to the company register for Morecambe in 2014. This number represents growth of 35.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 16 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Morecambe company register grew by 157 companies.

    YearMorecambeUK
    201467214,114
    201383197,150
    201260198,164
    201156138,346
    2010-5258,125
    Record Year2007 (157)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Morecambe increased by 27 companies.

    Half Year (Jul-Dec)MorecambeUK
    20142790,590
    20133282,910
    Record Year2003 (63)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Morecambe during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 8 companies.

    fourth quarter (Oct 2014 - Dec 2014)MorecambeUK
    2014848,846
    2013836,396
    Record Year 2007 (26) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014112-5
    Net growth in 2013134
    Record Year2002 (12)2003 (14)1994 (7)

UK Company Share

  1. Annual Data (2014)

    In 2014 Morecambe formed 0.0% of all UK companies. This is no change on 2013 when Morecambe was responsible for 0.0% of all UK companies.

    YearMorecambe
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2002 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Morecambe formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Morecambe
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2002 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Morecambe formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Morecambe
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1991 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change45.5%-12.0%-28.5%
    Record Year2005 (0.0%)2004 (0.1%)1991 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.3.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.1.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 42.5.

    The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Morecambe was 1992 when 42.7% of all directors were female.

    The percentage of female directors in Morecambe in 2014 was 32.9%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Morecambe was 2007 when 38.6% of all directors were female.

    33.9% of all director appointments in Morecambe 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Morecambe was in 2007 when 39.2% of all directors were female.

    33.8% of all director appointments in Morecambe 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

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    BAY1.55%CONSULTING5.22%
    TRANSPORT1.55%MANAGEMENT4.58%
    PROPERTY1.29%CONSULTANCY3.57%
    HOUSE1.29%PROPERTY2.66%
    J1.29%CONSTRUCTION2.12%
    MORECAMBE1.29%ENGINEERING2.10%
    (MORECAMBE)1.29%CARE2.02%
    BUILDING1.03%TRADING1.94%
    S1.03%LONDON1.93%
    M0.77%TRANSPORT1.93%
    PLANNING0.77%DESIGN1.66%
    CONSULTANCY0.77%CONSULTANTS1.64%
    CONSTRUCTION0.77%ELECTRICAL1.62%
    ELECTRICAL0.77%PROPERTIES1.62%
    MANAGEMENT0.77%BUSINESS1.56%
    CONSULTANTS0.52%J1.54%
    FOX0.52%CO.,1.50%
    TRADING0.52%GLOBAL1.49%
    (LANCASTER)0.52%INVESTMENTS1.48%
    C0.52%ASSOCIATES1.47%
    RTM0.52%DEVELOPMENTS1.35%
    CENTRE0.52%MEDIA1.33%
    W0.52%IT1.31%
    N0.52%BUILDING1.29%
    TRAINING0.52%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied81265,608
    82990 - Other business support service activities not elsewhere classified1858,068
    96090 - Other service activities not elsewhere classified1229,009
    49410 - Freight transport by road1010,842
    70229 - Management consultancy activities other than financial management942,290
    68209 - Other letting and operating of own or leased real estate811,212
    56103 - Take-away food shops and mobile food stands88,318
    99999 - Dormant Company748,509
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating64,167
    62020 - Information technology consultancy activities630,178
    45112 - Sale of used cars and light motor vehicles63,562
    86900 - Other human health activities612,976
    74909 - Other professional, scientific and technical activities not elsewhere classified619,049
    45200 - Maintenance and repair of motor vehicles65,425
    43390 - Other building completion and finishing55,931
    55100 - Hotels and similar accommodation51,774
    41202 - Construction of domestic buildings57,559
    42990 - Construction of other civil engineering projects not elsewhere classified42,701
    74990 - Non-trading company413,984
    80100 - Private security activities43,128

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09361234 AMP LIGHTING LIMITED 18 Dec 2014
    09361659 TILES 2 PAVING LIMITED 18 Dec 2014
    09333808 ANTHONY WALLACE LIMITED 01 Dec 2014
    OC396882 MORECAMBE BLIND COMPANY LLP 03 Dec 2014
    09348569 AMBLER BLACKBURN FINANCIAL PLANNING LTD 10 Dec 2014
    09358993 REGMIKE SUPERIOR CARE LIMITED 17 Dec 2014
    09360935 GARY O'NEILL ELECTRICAL LIMITED 18 Dec 2014
    09362441 N J B PLANT ENGINEERING LTD 19 Dec 2014
    09362979 M.R.B.J LTD 19 Dec 2014
    09363545 NATIONWIDE COMMERCIAL FINANCE LTD 22 Dec 2014

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