Preston, Lancashire
2010 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,456 companies were formed in Preston in 2010. This total is 14.0% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Preston UK 2010 1,456 400,358 2009 1,277 362,675 2008 1,267 349,203 2007 1,437 457,649 2006 1,358 405,440 Record Year 2003 (1,933) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 677 companies were formed in Preston. This figure is 6.3% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Preston occurred in 2003 when a total of 938 were formed.
Half Year (Jul-Dec) Preston UK 2010 677 196,609 2009 637 180,654 % change 6.3% 8.8% Record Year 2003 (938) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 331 companies were registered in Preston during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 17.0% versus the same period last year (Q4 2009). This figure compares well 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) Preston UK 2010 331 95,117 2009 283 85,983 % change 17.0% 10.6% Record Year 2003 (433) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 117 128 86 New companies in 2009 85 105 93 % change 37.6% 21.9% -7.5% Record Year 2002 (169) 2003 (154) 2003 (114)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 1,324 companies were dissolved in Preston in 2010. This total is 15.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Preston UK 2010 1,324 342,232 2009 1,568 533,773 2008 774 237,901 2007 797 220,295 2006 668 200,166 Record Year 2009 (1,568) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 648 companies were dissolved in Preston. This figure is 20.8% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Preston occurred in 2009 when a total of 818 were closed.
Half Year (Jul-Dec) Preston UK 2010 648 164,601 2009 818 244,537 % change -20.8% -32.7% Record Year 2009 (818) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 273 companies were dissolved in Preston during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 30.2% versus the same period last year (Q4 2009). This figure compares well 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) Preston UK 2010 273 76,896 2009 391 85,136 % change -30.2% -9.7% Record Year 2009 (391) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 92 121 60 Closed companies in 2009 109 138 144 % change -15.6% -12.3% -58% Record Year 2009 (109) 2009 (138) 2009 (144)
Net Company Growth
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Annual Data (2010)
A total of 132 companies were added to the company register for Preston in 2010. This number represents growth of 10.3% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 423 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Preston company register grew by 1,336 companies.
Year Preston UK 2010 132 58,126 2009 -291 -171,098 2008 493 111,302 2007 640 237,354 2006 690 205,274 Record Year 2003 (1,336) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Preston increased by 29 companies.
Half Year (Jul-Dec) Preston UK 2010 29 32,008 2009 -181 -63,883 Record Year 2003 (618) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Preston during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 58 companies.
fourth quarter (Oct 2010 - Dec 2010) Preston UK 2010 58 18,221 2009 -108 847 Record Year 2003 (301) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 25 7 26 Net growth in 2009 -24 -33 -51 Record Year 2003 (141) 2003 (96) 2003 (64)
UK Company Share
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Annual Data (2010)
In 2010 Preston formed 0.4% of all UK companies. This is no change on 2009 when Preston was responsible for 0.4% of all UK companies.
Year Preston 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 2002 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Preston formed 0.3% of all UK companies. This is less than the 2009 figure of 0.4%.
Half Year (Jul-Dec) Preston 2010 0.3% 2009 0.4% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 2002 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Preston formed 0.3% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Preston 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.3% Record Year (since 1960) 1961 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.4% 0.3% UK formation share in 2009 0.3% 0.3% 0.4% % change 20.6% 9.0% -12.0% Record Year 1966 (1.0%) 1967 (0.7%) 1961 (1.0%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.6.
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 4.6% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 44.7.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Preston was 1857 when 36.4% of all directors were female.
The percentage of female directors in Preston in 2010 was 29.0%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Preston was 1860 when 42.9% of all directors were female.
24.8% of all director appointments in Preston 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
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Preston was in 1977 when 31.1% of all directors were female.
26.0% of all director appointments in Preston 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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTANCY 1.12% CONSULTING 5.06% MANAGEMENT 1.12% MANAGEMENT 5.01% (PRESTON) 1.02% CONSULTANCY 3.14% (NW) 0.98% PROPERTY 2.36% CONSULTING 0.79% TRADING 2.11% M 0.74% ASSOCIATES 1.95% PRESTON 0.70% DESIGN 1.92% ELECTRICAL 0.70% BUSINESS 1.82% GLOBAL 0.65% CONSTRUCTION 1.82% S 0.65% CONSULTANTS 1.76% LANCASHIRE 0.65% MEDIA 1.71% DESIGN 0.60% ENGINEERING 1.62% DEVELOPMENTS 0.60% LONDON 1.60% ASSOCIATES 0.60% CARE 1.45% CLAIMS 0.60% INVESTMENTS 1.44% CENTRE 0.60% GLOBAL 1.43% ENGINEERING 0.60% J 1.42% BUSINESS 0.60% IT 1.41% CONSTRUCTION 0.60% PROPERTIES 1.34% SYSTEMS 0.56% INTERNATIONAL 1.34% PROPERTY 0.56% BUILDING 1.34% CARE 0.56% M 1.30% ENERGY 0.56% ELECTRICAL 1.25% J 0.56% SYSTEMS 1.24% D 0.56% S 1.23%
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 627 199,572 7487 - Other business activities 221 63,348 82990 - Other business support service activities not elsewhere classified 111 27,550 99999 - Dormant Company 51 16,285 70229 - Management consultancy activities other than financial management 48 14,505 9999 - Dormant Company 46 20,144 7499 - Non-trading company 46 12,000 96090 - Other service activities not elsewhere classified 43 8,799 7414 - Business & management consultancy 36 13,474 43210 - Electrical installation 28 2,980 62020 - Information technology consultancy activities 27 9,177 4521 - General construction & civil engineering 27 6,598 9305 - Other service activities 26 8,858 74990 - Non-trading company 24 8,243 86900 - Other human health activities 24 3,700 45200 - Maintenance and repair of motor vehicles 20 2,061 4525 - Other special trades construction 20 1,811 74909 - Other professional, scientific and technical activities not elsewhere classified 19 7,088 7260 - Other computer related activities 18 8,089 62090 - Other information technology service activities 18 6,330
Recent Companies
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Randomly selected companies from this quarter
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