Preston, Lancashire
Q1 2011 Business Confidence Report
Headlines
- January 2011 saw a new record in company closures in Preston when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 458 companies were registered in Preston during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 15.4% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Preston UK 2011 458 116,391 2010 397 105,137 % change 15.4% 10.7% Record Year 2003 (491) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 151 132 175 New companies in 2010 110 105 182 % change 37.3% 25.7% -3.8% Record Year 2003 (152) 2003 (148) 2003 (191)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 302 companies were dissolved in Preston during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 13.7% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Preston UK 2011 302 90,986 2010 350 82,677 % change -13.7% 10.0% Record Year 2010 (350) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Preston when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 121 77 104 Closed companies in 2010 116 93 141 % change 4.3% -17.2% -26% Record Year 2011 (121) 2008 (101) 2009 (201)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Preston during the first quarter of 2011 (Jan 2011 - Mar 2011) was 156 companies.
first quarter (Jan 2011 - Mar 2011) Preston UK 2011 156 25,405 2010 47 22,460 Record Year 2003 (339) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 30 55 71 Net growth in 2010 -6 12 41 Record Year 2003 (89) 2003 (108) 2003 (142)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Preston formed 0.4% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Preston 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.3% 2007 0.3% Record Year (since 1960) 1974 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.4% 0.3% 0.4% UK formation share in 2010 0.4% 0.3% 0.4% % change 18.4% 10.6% -8.3% Record Year 1974 (0.8%) 1973 (0.8%) 1962 (1.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.6.
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 4.3% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Preston was in 1861 when 40.0% of all directors were female.
24.5% of all director appointments in Preston in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.51% CONSULTING 5.04% (PRESTON) 1.05% MANAGEMENT 4.97% CONSULTANCY 1.05% CONSULTANCY 3.16% (NW) 0.91% PROPERTY 2.38% BUSINESS 0.87% TRADING 2.10% CONSTRUCTION 0.87% DESIGN 1.93% PROPERTY 0.78% ASSOCIATES 1.92% PRESTON 0.78% BUSINESS 1.87% CONSULTING 0.78% CONSTRUCTION 1.80% CONSULTANTS 0.78% CONSULTANTS 1.76% LANCASHIRE 0.73% MEDIA 1.69% TRAINING 0.73% ENGINEERING 1.61% M 0.69% LONDON 1.60% ENGINEERING 0.69% CARE 1.45% DEVELOPMENTS 0.64% J 1.45% 4 0.59% GLOBAL 1.44% CARE 0.59% INVESTMENTS 1.43% ELECTRICAL 0.59% IT 1.41% ASSOCIATES 0.59% PROPERTIES 1.36% BUILDING 0.55% BUILDING 1.34% TRADING 0.55% M 1.30% DESIGN 0.55% ELECTRICAL 1.28% J 0.55% S 1.24% LEISURE 0.55% INTERNATIONAL 1.23% DAVID 0.50% SYSTEMS 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 661 202,798 7487 - Other business activities 214 60,968 82990 - Other business support service activities not elsewhere classified 119 30,253 99999 - Dormant Company 53 18,336 70229 - Management consultancy activities other than financial management 53 16,150 96090 - Other service activities not elsewhere classified 52 10,085 7499 - Non-trading company 49 11,316 9999 - Dormant Company 44 19,765 7414 - Business & management consultancy 37 12,916 9305 - Other service activities 29 8,740 62020 - Information technology consultancy activities 27 10,246 43210 - Electrical installation 26 3,172 74990 - Non-trading company 26 8,695 86900 - Other human health activities 25 4,092 62090 - Other information technology service activities 22 6,996 45200 - Maintenance and repair of motor vehicles 22 2,259 4521 - General construction & civil engineering 22 6,183 74909 - Other professional, scientific and technical activities not elsewhere classified 21 7,788 4525 - Other special trades construction 19 1,690 41100 - Development of building projects 18 3,921
Recent Companies
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Randomly selected companies from this quarter
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