Preston, Lancashire
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 848 companies were formed in Preston. This figure is 8.9% higher than last year, which compares badly to the UK wide figure of 12.3%.
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 2011 848 228,735 2010 779 203,749 % change 8.9% 12.3% Record Year 2003 (995) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 390 companies were registered in Preston during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 2.1% versus the same period last year (Q2 2010). This figure compares badly to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Preston UK 2011 390 112,344 2010 382 98,612 % change 2.1% 13.9% Record Year 2003 (504) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 119 133 138 New companies in 2010 130 116 136 % change -8.5% 14.7% 1.5% Record Year 2003 (177) 2003 (156) 2003 (171)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 537 companies were dissolved in Preston. This figure is 20.6% lower than last year, which compares well to the UK wide change of -8.6%.
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 2011 537 162,310 2010 676 177,631 % change -20.6% -8.6% Record Year 2009 (750) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 235 companies were dissolved in Preston during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 27.9% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Preston UK 2011 235 71,324 2010 326 94,954 % change -27.9% -24.9% Record Year 2009 (421) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 44 110 81 Closed companies in 2010 74 105 147 % change -40.5% 4.8% -45% Record Year 2008 (93) 2009 (178) 2009 (156)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Preston increased by 311 companies.
Half Year (Jan-Jun) Preston UK 2011 311 66,425 2010 103 26,118 Record Year 2003 (718) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Preston during the second quarter of 2011 (Apr 2011 - Jun 2011) was 155 companies.
second quarter (Apr 2011 - Jun 2011) Preston UK 2011 155 41,020 2010 56 3,658 Record Year 2003 (379) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 75 23 57 Net growth in 2010 56 11 -11 Record Year 2003 (127) 2003 (130) 2003 (122)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Preston formed 0.4% of all UK companies. This is the same as the 2010 figure of 0.4%.
Half Year (Jan-Jun) Preston 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.3% Record Year (since 1960) 1974 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Preston formed 0.3% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Preston 2011 0.3% 2010 0.4% 2009 0.3% 2008 0.4% 2007 0.4% Record Year (since 1960) 1972 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.3% 0.3% 0.3% UK formation share in 2010 0.4% 0.4% 0.4% % change -11.4% -9.7% -10.1% Record Year 1972 (0.8%) 1968 (0.7%) 2002 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 43.2.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 42.8.
The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Preston was 1861 when 40.0% of all directors were female.
25.8% of all director appointments in Preston in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Preston was in 1866 when 66.7% of all directors were female.
27.3% of all director appointments in Preston in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.60% CONSULTING 5.09% PRESTON 1.19% MANAGEMENT 4.86% (NW) 1.10% CONSULTANCY 3.17% LANCASHIRE 0.96% PROPERTY 2.43% CONSULTANTS 0.87% TRADING 2.05% (PRESTON) 0.87% DESIGN 1.94% CONSULTANCY 0.87% ASSOCIATES 1.92% ELECTRICAL 0.82% BUSINESS 1.87% CONSULTING 0.82% CONSTRUCTION 1.77% PROPERTY 0.78% CONSULTANTS 1.76% CONSTRUCTION 0.69% MEDIA 1.73% DEVELOPMENTS 0.69% ENGINEERING 1.67% ENGINEERING 0.69% LONDON 1.60% M 0.69% GLOBAL 1.46% BUSINESS 0.69% J 1.44% TRADING 0.59% CARE 1.44% SYSTEMS 0.55% INVESTMENTS 1.42% CARE 0.55% IT 1.39% CO 0.55% BUILDING 1.32% TRAINING 0.55% PROPERTIES 1.31% S 0.55% ELECTRICAL 1.30% CENTRE 0.55% M 1.27% LEISURE 0.55% S 1.23% G 0.50% ENTERPRISES 1.20% J 0.50% SYSTEMS 1.20%
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 677 202,072 7487 - Other business activities 209 60,758 82990 - Other business support service activities not elsewhere classified 113 30,647 96090 - Other service activities not elsewhere classified 60 10,322 70229 - Management consultancy activities other than financial management 56 16,419 99999 - Dormant Company 53 18,918 9999 - Dormant Company 46 20,111 7499 - Non-trading company 43 10,955 7414 - Business & management consultancy 37 13,053 74990 - Non-trading company 29 8,481 43210 - Electrical installation 28 3,085 62020 - Information technology consultancy activities 27 10,545 9305 - Other service activities 27 9,063 86900 - Other human health activities 22 4,154 4521 - General construction & civil engineering 21 5,928 45200 - Maintenance and repair of motor vehicles 21 2,257 62090 - Other information technology service activities 20 7,095 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,835 7260 - Other computer related activities 19 7,849 7222 - Other software consultancy and supply 18 7,143
Recent Companies
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Randomly selected companies from this quarter
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