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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

  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 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)PrestonUK
    2011458116,391
    2010397105,137
    % change15.4%10.7%
    Record Year 2003 (491) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011151132175
    New companies in 2010110105182
    % change37.3%25.7%-3.8%
    Record Year2003 (152)2003 (148)2003 (191)

Closed Companies (dissolved)

  1. 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)PrestonUK
    201130290,986
    201035082,677
    % change-13.7%10.0%
    Record Year 2010 (350) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 201112177104
    Closed companies in 201011693141
    % change4.3%-17.2%-26%
    Record Year2011 (121)2008 (101)2009 (201)

Net Company Growth

  1. 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)PrestonUK
    201115625,405
    20104722,460
    Record Year 2003 (339) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011305571
    Net growth in 2010-61241
    Record Year2003 (89)2003 (108)2003 (142)

UK Company Share

  1. 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
    20110.4%
    20100.4%
    20090.4%
    20080.3%
    20070.3%
    Record Year (since 1960) 1974 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.4%0.3%0.4%
    UK formation share in 20100.4%0.3%0.4%
    % change18.4%10.6%-8.3%
    Record Year1974 (0.8%)1973 (0.8%)1962 (1.0%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.51%CONSULTING5.04%
    (PRESTON)1.05%MANAGEMENT4.97%
    CONSULTANCY1.05%CONSULTANCY3.16%
    (NW)0.91%PROPERTY2.38%
    BUSINESS0.87%TRADING2.10%
    CONSTRUCTION0.87%DESIGN1.93%
    PROPERTY0.78%ASSOCIATES1.92%
    PRESTON0.78%BUSINESS1.87%
    CONSULTING0.78%CONSTRUCTION1.80%
    CONSULTANTS0.78%CONSULTANTS1.76%
    LANCASHIRE0.73%MEDIA1.69%
    TRAINING0.73%ENGINEERING1.61%
    M0.69%LONDON1.60%
    ENGINEERING0.69%CARE1.45%
    DEVELOPMENTS0.64%J1.45%
    40.59%GLOBAL1.44%
    CARE0.59%INVESTMENTS1.43%
    ELECTRICAL0.59%IT1.41%
    ASSOCIATES0.59%PROPERTIES1.36%
    BUILDING0.55%BUILDING1.34%
    TRADING0.55%M1.30%
    DESIGN0.55%ELECTRICAL1.28%
    J0.55%S1.24%
    LEISURE0.55%INTERNATIONAL1.23%
    DAVID0.50%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied661202,798
    7487 - Other business activities21460,968
    82990 - Other business support service activities not elsewhere classified11930,253
    99999 - Dormant Company5318,336
    70229 - Management consultancy activities other than financial management5316,150
    96090 - Other service activities not elsewhere classified5210,085
    7499 - Non-trading company4911,316
    9999 - Dormant Company4419,765
    7414 - Business & management consultancy3712,916
    9305 - Other service activities298,740
    62020 - Information technology consultancy activities2710,246
    43210 - Electrical installation263,172
    74990 - Non-trading company268,695
    86900 - Other human health activities254,092
    62090 - Other information technology service activities226,996
    45200 - Maintenance and repair of motor vehicles222,259
    4521 - General construction & civil engineering226,183
    74909 - Other professional, scientific and technical activities not elsewhere classified217,788
    4525 - Other special trades construction191,690
    41100 - Development of building projects183,921

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07502596 LISHY LIMITED 24 Jan 2011
    07501719 IWEB ENTERTAINMENT LIMITED 21 Jan 2011
    07501154 SPEEDY SITEZ LIMITED 21 Jan 2011
    07493365 HANA ADAMS LIMITED 14 Jan 2011
    07490319 BEAUTEASE LTD 12 Jan 2011
    07489696 CLERGYTAX LIMITED 12 Jan 2011
    07482984 GAIN PARTNERSHIP LIMITED 05 Jan 2011
    07481361 GUYMAFO LIMITED 04 Jan 2011
    07480738 SOCCER SMART LTD 04 Jan 2011
    07508525 DAVID LEE COURIERS LTD 27 Jan 2011
    07504751 MARKET ME CALL CENTRES LIMITED 25 Jan 2011
    07504630 HEADTURNER HAIR STUDIO LIMITED 25 Jan 2011
    07500798 NARGIS CONSULTANCY LTD 21 Jan 2011
    07499868 GMES (NORTH WEST) LIMITED 20 Jan 2011
    07498186 ACORN EQUESTRIAN SUPPLIES LTD 19 Jan 2011
    07493503 BOLLYWOOD BUSINESS CLUB LTD 14 Jan 2011
    07488107 THE FLASHING BLADE (NW) LTD 11 Jan 2011
    07488060 CLASSIC DESIGNS (NW) LTD 11 Jan 2011
    07487317 PRESTON TAKE AWAY DRIVER FINDER LTD 10 Jan 2011
    07484968 FYG LIMITED 06 Jan 2011
    07506625 LONGRIDGE LETTINGS LIMITED 26 Jan 2011
    07498684 HANOVER(GARSTANG) LTD. 19 Jan 2011
    07493720 RIBBLE VALLEY WEDDINGS LIMITED 14 Jan 2011
    07492580 R.A.C. CONSULTANTS LTD 13 Jan 2011
    07489131 SYNERGY CLOUD LTD 11 Jan 2011