Oldham, Greater Manchester

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Oldham when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Oldham when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Oldham when compared to any previous February.
  • February 2014 was a record month for company registrations in Oldham when compared to any month in history.
  • January 2014 saw a new record in company registrations in Oldham when compared to any previous January.
  • January 2014 saw a new record in company closures in Oldham when compared to any previous January.
  • February 2014 saw a new record in net growth in Oldham when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Oldham when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Oldham when compared to any quarter in history.

    A total of 305 companies were registered in Oldham during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.0% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)OldhamUK
    2014305150,722
    2013270134,802
    % change13.0%11.8%
    Record Year 2014 (305) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Oldham when compared to any previous February.

    February 2014 was a record month for company registrations in Oldham when compared to any month in history.

    January 2014 saw a new record in company registrations in Oldham when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20149312290
    New companies in 2013898695
    % change4.5%41.9%-5.3%
    Record Year2012 (93)2014 (122)2012 (115)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 188 companies were dissolved in Oldham during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 67.9% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)OldhamUK
    201418882,370
    201311277,914
    % change67.9%5.7%
    Record Year 2014 (188) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in company closures in Oldham when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014814859
    Closed companies in 2013394528
    % change107.7%6.7%111%
    Record Year2014 (81)2011 (59)2009 (106)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Oldham during the first quarter of 2014 (Jan 2014 - Mar 2014) was 117 companies.

    first quarter (Jan 2014 - Mar 2014)OldhamUK
    201411768,352
    201315856,888
    Record Year 2007 (183) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in net growth in Oldham when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014127431
    Net growth in 2013504167
    Record Year2009 (53)2014 (74)2007 (84)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Oldham formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Oldham
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.3%
    Record Year (since 1960) 2010 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.3%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-2.2%30.9%-21.0%
    Record Year2009 (0.3%)2010 (0.3%)1992 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 42.1.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Oldham was in 2013 when 35.4% of all directors were female.

    21.9% of all director appointments in Oldham in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.14%CONSULTING5.22%
    OLDHAM0.97%MANAGEMENT4.67%
    MANAGEMENT0.80%CONSULTANCY3.49%
    CONSTRUCTION0.80%PROPERTY2.64%
    CONSULTING0.80%TRADING2.05%
    PERI0.74%LONDON1.88%
    DEVELOPMENTS0.69%ENGINEERING1.86%
    S0.69%CARE1.79%
    J0.69%CONSTRUCTION1.75%
    PROPERTIES0.63%DESIGN1.75%
    SECURITY0.57%CONSULTANTS1.73%
    PROPERTY0.57%BUSINESS1.71%
    MANCHESTER0.57%PROPERTIES1.60%
    DESIGN0.51%INVESTMENTS1.60%
    ENTERPRISES0.51%GLOBAL1.58%
    (OLDHAM)0.51%J1.48%
    K0.51%ASSOCIATES1.48%
    CO0.46%MEDIA1.48%
    TRADING0.46%IT1.33%
    ENERGY0.46%TRANSPORT1.30%
    TRANSPORT0.46%DEVELOPMENTS1.29%
    CARE0.46%BUILDING1.24%
    CENTRE0.40%M1.21%
    CAR0.40%CAPITAL1.20%
    NORTH0.40%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied540280,210
    82990 - Other business support service activities not elsewhere classified10656,411
    96090 - Other service activities not elsewhere classified8426,700
    99999 - Dormant Company5647,084
    70229 - Management consultancy activities other than financial management5537,882
    86900 - Other human health activities3410,273
    62020 - Information technology consultancy activities3427,750
    56103 - Take-away food shops and mobile food stands307,300
    43210 - Electrical installation285,885
    43999 - Other specialised construction activities not elsewhere classified278,155
    56101 - Licensed restaurants267,965
    45200 - Maintenance and repair of motor vehicles235,130
    47910 - Retail sale via mail order houses or via Internet239,358
    74909 - Other professional, scientific and technical activities not elsewhere classified2318,491
    68209 - Other letting and operating of own or leased real estate229,284
    64999 - Financial intermediation not elsewhere classified205,537
    74990 - Non-trading company2014,135
    71129 - Other engineering activities195,477
    43390 - Other building completion and finishing185,521
    47990 - Other retail sale not in stores, stalls or markets185,988

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08830728 THE GRANITE STUDIO LIMITED 03 Jan 2014
    08832367 HASSAN OPTICAL LTD 06 Jan 2014
    08836892 DAYBROOK DENTAL CARE LTD 08 Jan 2014
    08849643 JANSOCH LTD 17 Jan 2014
    08851873 FABIK TRANSPORT LTD 20 Jan 2014
    08863185 JU-GLOBAL LIMITED 27 Jan 2014
    08836793 NEVERMOWUK LTD 08 Jan 2014
    08838062 EPIC CONSULTING NW LTD 09 Jan 2014
    08849068 MICHAEL BREEN AND SONS CONSTRUCTION LIMITED 16 Jan 2014
    08860943 FLOWERS BY JEMMA HOLMES LIMITED 24 Jan 2014
    08865749 ROYALE-ERA CONSTRUCTION LTD 28 Jan 2014
    08835129 ZEST ME LTD 07 Jan 2014
    08835511 KB RECYCLING LTD 07 Jan 2014
    08839806 SITE IN A DAY LIMITED 10 Jan 2014
    08851507 LANA THAI LIMITED 20 Jan 2014
    08864618 DOCTOR LANE 1967 LIMITED 28 Jan 2014
    08864663 BRANCO SITE SERVICES LIMITED 28 Jan 2014
    08868240 PATIENT CENTRAL SOLUTIONS LIMITED 30 Jan 2014
    08841882 GADGETS PEOPLE LTD 13 Jan 2014
    08848307 TOFFEE WAFFLES 2 GO LTD 16 Jan 2014
    08848892 M A RASUL LIMITED 16 Jan 2014
    08857198 MICRO SHINE CLEANING LTD 22 Jan 2014
    08865225 EURO UTILITY MANAGEMENT LIMITED 28 Jan 2014
    08871800 INNOVACOM LIMITED 31 Jan 2014
    08847079 SAFWAN M BAIG LIMITED 15 Jan 2014