Preston, Lancashire

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Preston when compared to any previous Q1.
  • January 2010 saw a new record in company closures in Preston when compared to any previous January.

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 2010)

    A total of 397 companies were registered in Preston during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 20.7% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)PrestonUK
    2010397105,137
    200932991,034
    % change20.7%15.5%
    Record Year 2003 (491) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010110105182
    New companies in 2009103106120
    % change6.8%-0.9%51.7%
    Record Year2003 (152)2003 (148)2003 (191)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Preston when compared to any previous Q1.

    A total of 350 companies were dissolved in Preston during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 6.4% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)PrestonUK
    201035082,677
    2009329108,060
    % change6.4%-23.5%
    Record Year 2010 (350) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Preston when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201011693141
    Closed companies in 20096860201
    % change70.6%55.0%-30%
    Record Year2010 (116)2008 (101)2009 (201)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Preston during the first quarter of 2010 (Jan 2010 - Mar 2010) was 47 companies.

    first quarter (Jan 2010 - Mar 2010)PrestonUK
    20104722,460
    20090-17,026
    Record Year 2003 (339) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-61241
    Net growth in 20093546-81
    Record Year2003 (89)2003 (108)2003 (142)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Preston formed 0.4% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Preston
    20100.4%
    20090.4%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1974 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.4%0.3%0.4%
    UK formation share in 20090.4%0.4%0.3%
    % change-0.9%-15.2%26.0%
    Record Year1974 (0.8%)1973 (0.8%)1962 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 45.1.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Preston was in 1861 when 40.0% of all directors were female.

    23.8% of all director appointments in Preston in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING0.91%MANAGEMENT5.01%
    CONSULTANTS0.86%CONSULTING4.60%
    (NW)0.86%CONSULTANCY2.87%
    MANAGEMENT0.86%PROPERTY2.50%
    ELECTRICAL0.86%ASSOCIATES2.04%
    DESIGN0.81%TRADING1.93%
    TRADING0.76%DESIGN1.91%
    CONSULTANCY0.76%CONSTRUCTION1.87%
    M0.66%MEDIA1.84%
    GLOBAL0.66%BUSINESS1.74%
    J0.66%INTERNATIONAL1.73%
    CLAIMS0.61%CONSULTANTS1.63%
    C0.61%ENGINEERING1.54%
    CENTRE0.61%J1.48%
    MEDIA0.61%LONDON1.45%
    NORTH0.56%INVESTMENTS1.45%
    LEISURE0.56%GROUP1.37%
    BUSINESS0.56%GLOBAL1.35%
    ENERGY0.56%PROPERTIES1.35%
    (PRESTON)0.56%BUILDING1.34%
    K0.51%CARE1.33%
    P0.51%ELECTRICAL1.30%
    R0.51%M1.28%
    INTERNATIONAL0.51%SYSTEMS1.25%
    WEST0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied686228,645
    7487 - Other business activities22474,904
    82990 - Other business support service activities not elsewhere classified10026,974
    7499 - Non-trading company6215,398
    9999 - Dormant Company5319,948
    70229 - Management consultancy activities other than financial management4814,007
    99999 - Dormant Company4313,808
    4521 - General construction & civil engineering399,325
    7414 - Business & management consultancy3517,003
    96090 - Other service activities not elsewhere classified358,154
    7222 - Other software consultancy and supply349,659
    9305 - Other service activities319,038
    62020 - Information technology consultancy activities299,943
    86900 - Other human health activities243,445
    7260 - Other computer related activities2210,331
    74909 - Other professional, scientific and technical activities not elsewhere classified227,143
    74990 - Non-trading company218,149
    7011 - Development & sell real estate205,300
    7020 - Letting of own property201,824
    70100 - Activities of head offices193,137

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07205426 CONCEPT CONSULTANCY PROPERTIES LTD 26 Mar 2010
    07204083 RED ROSE FIRE PROTECTION LIMITED 26 Mar 2010
    07202075 EMERGE SOFTWARE CORPORATION LTD 25 Mar 2010
    07199509 DIAMOND WORLD LTD 23 Mar 2010
    07197941 MAK RECOVERY & STORAGE LIMITED 22 Mar 2010
    07196929 J & S KITCHENS LIMITED 19 Mar 2010
    07192526 JAI GANESHA AND LINGAM LTD 17 Mar 2010
    07190321 DISCOUNT MINIMART LTD 16 Mar 2010
    07190230 T.E.S. (RADIO SOLUTIONS) LIMITED 16 Mar 2010
    07190193 PRESTON CITY TYRES LIMITED 16 Mar 2010
    07186798 KWIK SAVE EXPRESS LTD 11 Mar 2010
    07175900 IQGAMES FEDERAL LTD 03 Mar 2010
    07175837 BAR 43 LEISURE LIMITED 03 Mar 2010
    07173956 GLOBAL TRADE CONNECTIONS (GTC) LTD 02 Mar 2010
    07209437 RD WAITE HR SOLUTIONS LTD 31 Mar 2010
    07205849 AMACSYSTEMS LTD 29 Mar 2010
    07199235 ASH TILING LTD 23 Mar 2010
    07198990 LUNAR INDUSTRIES MFG LTD 23 Mar 2010
    07196773 RYDEHEARD SERVICES LTD 19 Mar 2010
    07196485 LONGRIDGE VET SERVICES LIMITED 19 Mar 2010
    07191510 CHEFSTALK.CO.UK LIMITED 16 Mar 2010
    07189455 MICK GRADWELL CONSULTANCY LTD 15 Mar 2010
    07188776 CHARLES WEBB SALES AGENT LIMITED 15 Mar 2010
    07187213 MOVE STOCK.COM LIMITED 12 Mar 2010
    07185473 BEAUMONTMEDEQUIP.CO.UK LIMITED 10 Mar 2010