
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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07644756 NORGLOBE LTD 24 May 2011 07643097 MISHA UNITED LTD 23 May 2011 07636988 DOVE KITCHENS (NW) LIMITED 17 May 2011 07634450 ITECH COMMS LTD 16 May 2011 07633844 MEADOW PHARMA LIMITED 13 May 2011 07633664 L & M OIL LTD 13 May 2011 07629933 SEN INTERIORS LIMITED 11 May 2011 07623917 UNIVERSITY OF CENTRAL LANCASHIRE STUDENTS' UNION 05 May 2011 07621702 CAFE CORNER LIMITED 04 May 2011 07620870 JACKIE POTTER ASSOCIATES LTD 04 May 2011 07620573 GM PV SOLAR UK LIMITED 03 May 2011 07650627 I SOLAR RENEWABLES LIMITED 27 May 2011 07649730 TEA AT THE BOUTIQUE LIMITED 27 May 2011 07649082 ASSURED (CUMBRIA) LIMITED 26 May 2011 07648411 Y EXPRESS LTD 26 May 2011 07646004 FULTECH LTD 24 May 2011 07644230 LANCASHIRE HEAT PUMPS LIMITED 23 May 2011 07642413 OILFIELD MEDICAL LIMITED 20 May 2011 07638380 FLOATING FISH LIMITED 18 May 2011 07631325 MAC 1 ENGINEERING LIMITED 12 May 2011 07631308 DAVID PAGAN LIMITED 12 May 2011 07629179 LATHAM (UK) LTD 10 May 2011 07623543 SOLAR TECHNOLOGY INSTALLATION LIMITED 05 May 2011 07650254 TARSGANG LIMITED 27 May 2011 07647481 BROUGHTON CARS LTD 25 May 2011
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