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

  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 (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.

    YearOldhamUK
    2010914400,358
    2009903362,675
    2008707349,203
    2007898457,649
    2006758405,440
    Record Year2010 (914)2007 (457,649)
    New Companies by Year
  2. 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)OldhamUK
    2010407196,609
    2009446180,654
    % change-8.7%8.8%
    Record Year2009 (446)2003 (201,446)
    New Companies by Half Year
  3. 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)OldhamUK
    201018595,117
    200919485,983
    % change-4.6%10.6%
    Record Year 2003 (200) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010677444
    New companies in 2009627656
    % change8.1%-2.6%-21.4%
    Record Year2003 (84)2009 (76)2003 (59)

Closed Companies (dissolved)

  1. 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.

    YearOldhamUK
    2010748342,232
    2009920533,773
    2008423237,901
    2007390220,295
    2006316200,166
    Record Year2009 (920)2009 (533,773)
    Dissolved Companies by Year
  2. 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)OldhamUK
    2010382164,601
    2009416244,537
    % change-8.2%-32.7%
    Record Year2009 (416)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)OldhamUK
    201017376,896
    200918985,136
    % change-8.5%-9.7%
    Record Year 2009 (189) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010597143
    Closed companies in 2009626364
    % change-4.8%12.7%-33%
    Record Year2009 (62)2010 (71)2009 (64)

Net Company Growth

  1. 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.

    YearOldhamUK
    201016658,126
    2009-17-171,098
    2008284111,302
    2007508237,354
    2006442205,274
    Record Year2007 (508)2003 (242,543)
    Net Growth by Year
  2. 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)OldhamUK
    20102532,008
    200930-63,883
    Record Year2003 (218)2003 (117,772)
    Net Growth by Half Year
  3. 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)OldhamUK
    20101218,221
    20095847
    Record Year 2003 (140) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010831
    Net growth in 2009013-8
    Record Year2003 (69)2006 (39)2003 (39)

UK Company Share

  1. 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.

    YearOldham
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1968 (0.3%)
    Company Share by Year
  2. 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
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Half Year
  3. 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
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1961 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.2%0.2%
    % change-5.4%-13.0%-25.2%
    Record Year1972 (0.6%)1961 (0.7%)1968 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CARE1.21%CONSULTING5.06%
    CONSULTANCY1.14%MANAGEMENT5.01%
    SECURITY1.08%CONSULTANCY3.14%
    MANAGEMENT1.01%PROPERTY2.36%
    CONSTRUCTION0.94%TRADING2.11%
    OLDHAM0.94%ASSOCIATES1.95%
    DENTAL0.94%DESIGN1.92%
    DESIGN0.81%BUSINESS1.82%
    CENTRE0.74%CONSTRUCTION1.82%
    PRACTICE0.74%CONSULTANTS1.76%
    ELECTRICAL0.67%MEDIA1.71%
    MEDIA0.61%ENGINEERING1.62%
    PROPERTY0.61%LONDON1.60%
    TRADING0.61%CARE1.45%
    ENGINEERING0.61%INVESTMENTS1.44%
    ASSOCIATES0.54%GLOBAL1.43%
    CONSULTANTS0.54%J1.42%
    K0.54%IT1.41%
    (OLDHAM)0.54%PROPERTIES1.34%
    S0.54%INTERNATIONAL1.34%
    J0.54%BUILDING1.34%
    R0.54%M1.30%
    IT0.47%ELECTRICAL1.25%
    C0.47%SYSTEMS1.24%
    MEDICAL0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied423199,572
    7487 - Other business activities11363,348
    82990 - Other business support service activities not elsewhere classified4227,550
    9999 - Dormant Company4020,144
    86230 - Dental practice activities331,222
    99999 - Dormant Company3316,285
    9305 - Other service activities318,858
    96090 - Other service activities not elsewhere classified298,799
    70229 - Management consultancy activities other than financial management2114,505
    4521 - General construction & civil engineering206,598
    68209 - Other letting and operating of own or leased real estate163,755
    7011 - Development & sell real estate142,949
    74909 - Other professional, scientific and technical activities not elsewhere classified137,088
    7499 - Non-trading company1312,000
    4545 - Other building completion132,598
    43999 - Other specialised construction activities not elsewhere classified132,854
    74990 - Non-trading company128,243
    7414 - Business & management consultancy1213,474
    4542 - Joinery installation12956
    4523 - Construction roads, airfields etc.12134

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07451312 SYLHET EQUIPMENT LTD 25 Nov 2010
    07449251 AVISA PROFESSIONAL SERVICES LTD 24 Nov 2010
    07446099 C R HUNT LTD 22 Nov 2010
    07443064 BREADALE LTD 17 Nov 2010
    07439346 GNC WEB DESIGN LTD 15 Nov 2010
    07432007 SHOWTIME TAN AND BIKINI'S LTD 08 Nov 2010
    07429806 DJPETT ESQ LTD 04 Nov 2010
    07428374 SAW ORTHO LTD 03 Nov 2010
    07427819 RCD ELECTRICAL & GAS INSTALLATIONS LTD 03 Nov 2010
    07442828 DIESEL POWER TECHNOLOGIES LTD 17 Nov 2010
    07439049 A R MEDICAL SOLUTIONS LTD 15 Nov 2010
    07433126 ECO EXHIBITIONS LTD 08 Nov 2010
    07449869 ANDREW WOOD CONSTRUCTION (SADDLEWORTH) LIMITED 24 Nov 2010
    07437175 REVOLUTION MOTORS SPARES LTD 11 Nov 2010
    07437110 REVOLUTION MOTORS SALVAGE LTD 11 Nov 2010
    07430504 CLEAN ENERGY RENEWABLES LIMITED 05 Nov 2010
    07454775 CURRY JUNCTION LIMITED 30 Nov 2010
    07441189 A S ELECTRICAL INSTALLATIONS LIMITED 16 Nov 2010
    07431672 CITY CLAIMS LTD 08 Nov 2010
    07426873 ABSOLUTE BUILD ASSOCIATES LIMITED 02 Nov 2010
    07446003 C S WEBSTER PAINTERS & DECORATORS LTD 22 Nov 2010
    07439709 RAPID CLAIM SOLUTIONS LIMITED 15 Nov 2010
    07432344 WORLD TARGET SOURCING LTD 08 Nov 2010
    07428942 VENTURE 10 LTD 03 Nov 2010
    07428474 PAPER POWER REFINERY INDUSTRIAL SERVICES LTD 03 Nov 2010