Oldham, Greater Manchester

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Oldham when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Oldham when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company registrations in Oldham when compared to any half year in history.
  • Q4 2014 saw a new record in company registrations in Oldham when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Oldham when compared to any previous December.
  • October 2014 saw a new record in company registrations in Oldham when compared to any previous October.
  • October 2014 was a record month for company registrations in Oldham when compared to any month in history.
  • The second half of 2014 saw a new record in company closures in Oldham when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Oldham when compared to any previous December.
  • November 2014 saw a new record in net growth 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 (2014)

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

    A total of 1,224 companies were formed in Oldham in 2014. This total is 13.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearOldhamUK
    20141,224582,051
    20131,075529,363
    20121,020491,893
    2011944452,870
    2010914400,358
    Record Year2014 (1,224)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 Oldham when compared to any previous second half year.

    The second half of 2014 was a record second half year for company registrations in Oldham when compared to any half year in history.

    In the second half of 2014 a total of 637 companies were formed in Oldham. This figure is 17.1% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Oldham occurred in 2014 when a total of 637 were formed.

    Half Year (Jul-Dec)OldhamUK
    2014637281,320
    2013544259,931
    % change17.1%8.2%
    Record Year2014 (637)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 Oldham when compared to any previous Q4.

    A total of 314 companies were registered in Oldham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 9.0% 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)OldhamUK
    2014314137,906
    2013288127,247
    % change9.0%8.4%
    Record Year 2014 (314) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201413710176
    New companies in 201311210274
    % change22.3%-1.0%2.7%
    Record Year2014 (137)2013 (102)2014 (76)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 853 companies were dissolved in Oldham in 2014. This total is 30.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearOldhamUK
    2014853367,937
    2013655332,213
    2012616293,729
    2011658314,524
    2010748342,233
    Record Year2009 (921)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 466 companies were dissolved in Oldham. This figure is 11.0% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Oldham occurred in 2014 when a total of 466 were closed.

    Half Year (Jul-Dec)OldhamUK
    2014466190,730
    2013420177,021
    % change11.0%7.7%
    Record Year2014 (466)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 233 companies were dissolved in Oldham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 14.2% 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)OldhamUK
    201423389,060
    201320490,851
    % change14.2%-2.0%
    Record Year 2014 (233) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014776195
    Closed companies in 2013728052
    % change6.9%-23.8%83%
    Record Year2012 (85)2013 (80)2014 (95)

Net Company Growth

  1. Annual Data (2014)

    A total of 371 companies were added to the company register for Oldham in 2014. This number represents growth of 30.3% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 49 companies lower 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
    2014371214,114
    2013420197,150
    2012404198,164
    2011286138,346
    201016658,125
    Record Year2007 (508)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Oldham increased by 171 companies.

    Half Year (Jul-Dec)OldhamUK
    201417190,590
    201312482,910
    Record Year2003 (218)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Oldham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 81 companies.

    fourth quarter (Oct 2014 - Dec 2014)OldhamUK
    20148148,846
    20138436,396
    Record Year 2007 (85) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20146040-19
    Net growth in 2013402222
    Record Year2003 (69)2014 (40)2003 (39)

UK Company Share

  1. Annual Data (2014)

    In 2014 Oldham formed 0.2% of all UK companies. This is no change on 2013 when Oldham was responsible for 0.2% of all UK companies.

    YearOldham
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)2009 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Oldham formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Oldham
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2009 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Oldham
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.3%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change16.3%-6.0%-12.1%
    Record Year2014 (0.3%)1990 (0.4%)2008 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 40.8.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.8% 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 40.0.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 8.0% 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 40.3.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 7.8% 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 Oldham was 1988 when 100.0% of all directors were female.

    The percentage of female directors in Oldham in 2014 was 21.4%. 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 Oldham was 2005 when 28.5% of all directors were female.

    21.9% of all director appointments in Oldham 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 Oldham was in 2013 when 27.5% of all directors were female.

    22.5% of all director appointments in Oldham 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
    OLDHAM1.99%CONSULTING5.22%
    CONSULTING0.86%MANAGEMENT4.58%
    PROPERTIES0.81%CONSULTANCY3.57%
    MANAGEMENT0.81%PROPERTY2.66%
    CONSULTANCY0.75%CONSTRUCTION2.12%
    CARE0.70%ENGINEERING2.10%
    ELECTRICAL0.65%CARE2.02%
    BUSINESS0.59%TRADING1.94%
    TRADING0.59%LONDON1.93%
    ASSOCIATES0.59%TRANSPORT1.93%
    PROPERTY0.59%DESIGN1.66%
    SECURITY0.59%CONSULTANTS1.64%
    S0.59%ELECTRICAL1.62%
    M0.54%PROPERTIES1.62%
    DEVELOPMENTS0.54%BUSINESS1.56%
    (NW)0.54%J1.54%
    (OLDHAM)0.54%CO.,1.50%
    IT0.48%GLOBAL1.49%
    HEALTHCARE0.48%INVESTMENTS1.48%
    CONSTRUCTION0.48%ASSOCIATES1.47%
    TRAINING0.48%DEVELOPMENTS1.35%
    TRANSPORT0.48%MEDIA1.33%
    CO0.48%IT1.31%
    MEDIA0.43%BUILDING1.29%
    MANCHESTER0.43%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied523265,608
    96090 - Other service activities not elsewhere classified12929,009
    82990 - Other business support service activities not elsewhere classified10358,068
    99999 - Dormant Company7448,509
    70229 - Management consultancy activities other than financial management5942,290
    62020 - Information technology consultancy activities4630,178
    56103 - Take-away food shops and mobile food stands348,318
    86900 - Other human health activities2812,976
    47910 - Retail sale via mail order houses or via Internet2810,107
    56101 - Licensed restaurants268,782
    74990 - Non-trading company2613,984
    43999 - Other specialised construction activities not elsewhere classified248,761
    43210 - Electrical installation235,985
    47990 - Other retail sale not in stores, stalls or markets236,452
    43220 - Plumbing, heat and air-conditioning installation215,189
    74909 - Other professional, scientific and technical activities not elsewhere classified2119,049
    47190 - Other retail sale in non-specialised stores203,802
    64999 - Financial intermediation not elsewhere classified196,083
    96020 - Hairdressing and other beauty treatment196,742
    68209 - Other letting and operating of own or leased real estate1811,212

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09247203 BUILT & IRON SISTERS LTD 03 Oct 2014
    09249836 JUSTTECH MEDIA LTD 06 Oct 2014
    09261743 LUCKY CARE SERVICES LTD 13 Oct 2014
    09265867 STAFFORDSHIRE AMERICAN DREAMS LTD 15 Oct 2014
    09272706 TUMBLES CATERING LTD 21 Oct 2014
    09289158 VIABLE ALTERNATIVES LTD 30 Oct 2014
    09289203 VAPOUREYES LTD 30 Oct 2014
    09250564 MURRAY MACHINES LTD 06 Oct 2014
    09264174 JAR BUSINESS SOLUTIONS LIMITED 15 Oct 2014
    09279160 GKF TRAINING LTD 24 Oct 2014
    09272038 NORTON FLOORING LTD 20 Oct 2014
    09275072 ALEXIS WARHAM PHYSIOTHERAPY LTD 22 Oct 2014
    09279346 MANCHESTER INDUSTRIAL DOORS AND SHUTTERS LIMITED 24 Oct 2014
    09245727 PAD DEVELOPMENTS (MANCHESTER) LTD 02 Oct 2014
    09250729 NEPRA LIMITED 06 Oct 2014
    09253422 WESTMORELAND CONTRACTORS LTD 07 Oct 2014
    09262755 TBWCV LTD 14 Oct 2014
    09269607 F &N PRIVATE LIMITED 17 Oct 2014
    09277774 ENTERPRISE WEB SOLUTIONS LIMITED 23 Oct 2014
    09281210 PRIME VALETING LIMITED 27 Oct 2014
    09281544 LEOROSE LTD 27 Oct 2014
    09287921 OLDHAM 1971 LIMITED 30 Oct 2014
    09288252 ASSANTE HEALTHCARE LIMITED 30 Oct 2014
    09249166 GWA ALL PARTS LTD 06 Oct 2014
    09249973 STYLE WITH SISTERS LTD 06 Oct 2014