Oldham, Greater Manchester
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company registrations in Oldham when compared to any year in history.
- November 2010 saw a new record in company closures in Oldham when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
2010 was a record year for company registrations in Oldham when compared to any year in history.
A total of 914 companies were formed in Oldham in 2010. This total is 1.2% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Oldham UK 2010 914 400,358 2009 903 362,675 2008 707 349,203 2007 898 457,649 2006 758 405,440 Record Year 2010 (914) 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 407 companies were formed in Oldham. This figure is 8.7% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Oldham occurred in 2009 when a total of 446 were formed.
Half Year (Jul-Dec) Oldham UK 2010 407 196,609 2009 446 180,654 % change -8.7% 8.8% Record Year 2009 (446) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 185 companies were registered in Oldham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 4.6% 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) Oldham UK 2010 185 95,117 2009 194 85,983 % change -4.6% 10.6% Record Year 2003 (200) 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 67 74 44 New companies in 2009 62 76 56 % change 8.1% -2.6% -21.4% Record Year 2003 (84) 2009 (76) 2003 (59)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 748 companies were dissolved in Oldham in 2010. This total is 18.7% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Oldham UK 2010 748 342,232 2009 920 533,773 2008 423 237,901 2007 390 220,295 2006 316 200,166 Record Year 2009 (920) 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 382 companies were dissolved in Oldham. This figure is 8.2% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Oldham occurred in 2009 when a total of 416 were closed.
Half Year (Jul-Dec) Oldham UK 2010 382 164,601 2009 416 244,537 % change -8.2% -32.7% Record Year 2009 (416) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 173 companies were dissolved in Oldham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 8.5% versus the same period last year (Q4 2009). This figure compares poorly 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) Oldham UK 2010 173 76,896 2009 189 85,136 % change -8.5% -9.7% Record Year 2009 (189) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Oldham when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 59 71 43 Closed companies in 2009 62 63 64 % change -4.8% 12.7% -33% Record Year 2009 (62) 2010 (71) 2009 (64)
Net Company Growth
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Annual Data (2010)
A total of 166 companies were added to the company register for Oldham in 2010. This number represents growth of 18.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 183 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Oldham company register grew by 508 companies.
Year Oldham UK 2010 166 58,126 2009 -17 -171,098 2008 284 111,302 2007 508 237,354 2006 442 205,274 Record Year 2007 (508) 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 Oldham increased by 25 companies.
Half Year (Jul-Dec) Oldham UK 2010 25 32,008 2009 30 -63,883 Record Year 2003 (218) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Oldham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 12 companies.
fourth quarter (Oct 2010 - Dec 2010) Oldham UK 2010 12 18,221 2009 5 847 Record Year 2003 (140) 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 8 3 1 Net growth in 2009 0 13 -8 Record Year 2003 (69) 2006 (39) 2003 (39)
UK Company Share
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Annual Data (2010)
In 2010 Oldham formed 0.2% of all UK companies. This is no change on 2009 when Oldham was responsible for 0.2% of all UK companies.
Year Oldham 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1968 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Oldham formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jul-Dec) Oldham 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Oldham formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Oldham 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1961 (0.5%) 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 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -5.4% -13.0% -25.2% Record Year 1972 (0.6%) 1961 (0.7%) 1968 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 43.2.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 2.6% 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 42.7.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 3.0% 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 41.8.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 1.9% 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 Oldham was 1857 when 36.4% of all directors were female.
The percentage of female directors in Oldham in 2010 was 26.2%. 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 Oldham was 1860 when 42.9% of all directors were female.
22.0% of all director appointments in Oldham 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 Oldham was in 1977 when 31.1% of all directors were female.
21.2% of all director appointments in Oldham 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 CARE 1.21% CONSULTING 5.06% CONSULTANCY 1.14% MANAGEMENT 5.01% SECURITY 1.08% CONSULTANCY 3.14% MANAGEMENT 1.01% PROPERTY 2.36% CONSTRUCTION 0.94% TRADING 2.11% OLDHAM 0.94% ASSOCIATES 1.95% DENTAL 0.94% DESIGN 1.92% DESIGN 0.81% BUSINESS 1.82% CENTRE 0.74% CONSTRUCTION 1.82% PRACTICE 0.74% CONSULTANTS 1.76% ELECTRICAL 0.67% MEDIA 1.71% MEDIA 0.61% ENGINEERING 1.62% PROPERTY 0.61% LONDON 1.60% TRADING 0.61% CARE 1.45% ENGINEERING 0.61% INVESTMENTS 1.44% ASSOCIATES 0.54% GLOBAL 1.43% CONSULTANTS 0.54% J 1.42% K 0.54% IT 1.41% (OLDHAM) 0.54% PROPERTIES 1.34% S 0.54% INTERNATIONAL 1.34% J 0.54% BUILDING 1.34% R 0.54% M 1.30% IT 0.47% ELECTRICAL 1.25% C 0.47% SYSTEMS 1.24% MEDICAL 0.47% 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 423 199,572 7487 - Other business activities 113 63,348 82990 - Other business support service activities not elsewhere classified 42 27,550 9999 - Dormant Company 40 20,144 86230 - Dental practice activities 33 1,222 99999 - Dormant Company 33 16,285 9305 - Other service activities 31 8,858 96090 - Other service activities not elsewhere classified 29 8,799 70229 - Management consultancy activities other than financial management 21 14,505 4521 - General construction & civil engineering 20 6,598 68209 - Other letting and operating of own or leased real estate 16 3,755 7011 - Development & sell real estate 14 2,949 74909 - Other professional, scientific and technical activities not elsewhere classified 13 7,088 7499 - Non-trading company 13 12,000 4545 - Other building completion 13 2,598 43999 - Other specialised construction activities not elsewhere classified 13 2,854 74990 - Non-trading company 12 8,243 7414 - Business & management consultancy 12 13,474 4542 - Joinery installation 12 956 4523 - Construction roads, airfields etc. 12 134
Recent Companies
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Randomly selected companies from this quarter
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