Preston, Lancashire
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 779 companies were formed in Preston. This figure is 21.7% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Preston occurred in 2003 when a total of 995 were formed.
Half Year (Jan-Jun) Preston UK 2010 779 203,749 2009 640 182,021 % change 21.7% 11.9% Record Year 2003 (995) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 382 companies were registered in Preston during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 22.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Preston UK 2010 382 98,612 2009 311 90,987 % change 22.8% 8.4% Record Year 2003 (504) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 130 116 136 New companies in 2009 113 88 110 % change 15.0% 31.8% 23.6% Record Year 2003 (177) 2003 (156) 2003 (171)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 676 companies were dissolved in Preston. This figure is 9.9% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Preston occurred in 2009 when a total of 750 were closed.
Half Year (Jan-Jun) Preston UK 2010 676 177,631 2009 750 289,236 % change -9.9% -38.6% Record Year 2009 (750) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 326 companies were dissolved in Preston during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 22.6% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Preston UK 2010 326 94,954 2009 421 181,176 % change -22.6% -47.6% Record Year 2009 (421) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 74 105 147 Closed companies in 2009 87 178 156 % change -14.9% -41.0% -6% Record Year 2008 (93) 2009 (178) 2009 (156)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Preston increased by 103 companies.
Half Year (Jan-Jun) Preston UK 2010 103 26,118 2009 -110 -107,215 Record Year 2003 (718) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Preston during the second quarter of 2010 (Apr 2010 - Jun 2010) was 56 companies.
second quarter (Apr 2010 - Jun 2010) Preston UK 2010 56 3,658 2009 -110 -90,189 Record Year 2003 (379) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 56 11 -11 Net growth in 2009 26 -90 -46 Record Year 2003 (127) 2003 (130) 2003 (122)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Preston formed 0.4% of all UK companies. This is the same as the 2009 figure of 0.4%.
Half Year (Jan-Jun) Preston 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 1974 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Preston formed 0.4% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Preston 2010 0.4% 2009 0.3% 2008 0.4% 2007 0.4% 2006 0.3% Record Year (since 1960) 1972 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.4% 0.4% 0.4% UK formation share in 2009 0.4% 0.3% 0.3% % change 5.8% 25.7% 11.2% Record Year 1972 (0.8%) 1968 (0.7%) 2002 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 44.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 43.8.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Preston was 1861 when 40.0% of all directors were female.
25.9% of all director appointments in Preston in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Preston was in 1866 when 66.7% of all directors were female.
28.1% of all director appointments in Preston in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.05% MANAGEMENT 5.01% DESIGN 0.96% CONSULTING 4.79% MANAGEMENT 0.91% CONSULTANCY 3.02% CONSULTING 0.91% PROPERTY 2.40% (NW) 0.86% ASSOCIATES 2.02% ELECTRICAL 0.77% TRADING 2.01% (PRESTON) 0.77% DESIGN 1.91% TRADING 0.72% CONSTRUCTION 1.85% GLOBAL 0.72% MEDIA 1.80% M 0.67% BUSINESS 1.75% J 0.67% CONSULTANTS 1.71% ENERGY 0.67% INTERNATIONAL 1.59% CONSULTANTS 0.62% ENGINEERING 1.56% CENTRE 0.62% LONDON 1.52% S 0.62% INVESTMENTS 1.49% C 0.57% J 1.46% CARE 0.53% CARE 1.41% R 0.53% GLOBAL 1.39% D 0.53% PROPERTIES 1.35% PROPERTY 0.53% BUILDING 1.33% NORTH 0.53% M 1.29% TRAINING 0.53% IT 1.28% BUSINESS 0.53% ELECTRICAL 1.27% ASSOCIATES 0.53% GROUP 1.25% K 0.53% DEVELOPMENTS 1.25%
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 635 207,125 7487 - Other business activities 222 68,525 82990 - Other business support service activities not elsewhere classified 107 25,942 7499 - Non-trading company 58 13,997 9999 - Dormant Company 47 19,842 70229 - Management consultancy activities other than financial management 44 13,490 99999 - Dormant Company 43 14,342 4521 - General construction & civil engineering 39 8,262 96090 - Other service activities not elsewhere classified 34 7,922 7414 - Business & management consultancy 34 14,598 9305 - Other service activities 32 8,822 7222 - Other software consultancy and supply 27 8,285 74990 - Non-trading company 25 7,893 62020 - Information technology consultancy activities 22 8,590 86900 - Other human health activities 21 3,450 43210 - Electrical installation 21 2,859 74909 - Other professional, scientific and technical activities not elsewhere classified 20 6,684 4525 - Other special trades construction 20 2,224 4531 - Installation electrical wiring etc. 19 2,504 70100 - Activities of head offices 18 2,912
Recent Companies
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Randomly selected companies from this quarter
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