Preston, Lancashire
2011 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2011)
A total of 1,589 companies were formed in Preston in 2011. This total is 9.1% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Preston UK 2011 1,589 452,870 2010 1,456 400,358 2009 1,277 362,675 2008 1,267 349,203 2007 1,437 457,649 Record Year 2003 (1,933) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 741 companies were formed in Preston. This figure is 9.5% higher than last year, which compares badly to the UK wide figure of 14.0%.
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 2011 741 224,135 2010 677 196,609 % change 9.5% 14.0% Record Year 2003 (938) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 370 companies were registered in Preston during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 11.8% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Preston UK 2011 370 109,623 2010 331 95,117 % change 11.8% 15.3% Record Year 2003 (433) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 141 143 86 New companies in 2010 117 128 86 % change 20.5% 11.7% 0.0% Record Year 2002 (169) 2003 (154) 2003 (114)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 1,149 companies were dissolved in Preston in 2011. This total is 13.2% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Preston UK 2011 1,149 314,523 2010 1,324 342,232 2009 1,568 533,773 2008 774 237,901 2007 797 220,295 Record Year 2009 (1,568) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 612 companies were dissolved in Preston. This figure is 5.6% lower than last year, which compares badly to the UK wide change of -7.5%.
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 2011 612 152,213 2010 648 164,601 % change -5.6% -7.5% Record Year 2009 (818) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 360 companies were dissolved in Preston during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 31.9% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Preston UK 2011 360 79,983 2010 273 76,896 % change 31.9% 4.0% Record Year 2009 (391) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 97 121 142 Closed companies in 2010 92 121 60 % change 5.4% 0.0% 137% Record Year 2009 (109) 2009 (138) 2009 (144)
Net Company Growth
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Annual Data (2011)
A total of 440 companies were added to the company register for Preston in 2011. This number represents growth of 30.2% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 308 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 2011 440 138,347 2010 132 58,126 2009 -291 -171,098 2008 493 111,302 2007 640 237,354 Record Year 2003 (1,336) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Preston increased by 129 companies.
Half Year (Jul-Dec) Preston UK 2011 129 71,922 2010 29 32,008 Record Year 2003 (618) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Preston during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 10 companies.
fourth quarter (Oct 2011 - Dec 2011) Preston UK 2011 10 29,640 2010 58 18,221 Record Year 2003 (301) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 44 22 -56 Net growth in 2010 25 7 26 Record Year 2003 (141) 2003 (96) 2003 (64)
UK Company Share
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Annual Data (2011)
In 2011 Preston formed 0.4% of all UK companies. This is no change on 2010 when Preston was responsible for 0.4% of all UK companies.
Year Preston 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.3% Record Year (since 1960) 2002 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Preston formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.
Half Year (Jul-Dec) Preston 2011 0.3% 2010 0.3% 2009 0.4% 2008 0.4% 2007 0.3% Record Year (since 1960) 2002 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Preston formed 0.3% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Preston 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 1961 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.4% 0.4% 0.3% UK formation share in 2010 0.3% 0.4% 0.3% % change 4.7% -4.8% -11.3% Record Year 1966 (1.0%) 1967 (0.7%) 1961 (1.0%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 43.1.
The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 43.0.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 42.0.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 32.7%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Preston was 1860 when 42.9% of all directors were female.
23.6% of all director appointments in Preston in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Preston was in 1977 when 31.1% of all directors were female.
23.1% of all director appointments in Preston in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.34% CONSULTING 5.07% PRESTON 1.25% MANAGEMENT 4.74% (NW) 1.08% CONSULTANCY 3.26% ELECTRICAL 0.94% PROPERTY 2.37% CONSULTING 0.90% TRADING 2.07% NORTH 0.90% DESIGN 1.92% PROPERTY 0.85% ASSOCIATES 1.86% TRADING 0.85% ENGINEERING 1.78% INVESTMENTS 0.81% BUSINESS 1.78% CONSULTANTS 0.81% CONSULTANTS 1.76% CONSULTANCY 0.76% CONSTRUCTION 1.73% WEST 0.76% MEDIA 1.71% (PRESTON) 0.72% LONDON 1.63% CARE 0.63% J 1.51% ENGINEERING 0.63% INVESTMENTS 1.48% M 0.63% GLOBAL 1.46% BUSINESS 0.63% IT 1.41% LANCASHIRE 0.63% CARE 1.39% SOLAR 0.58% PROPERTIES 1.29% HOUSE 0.58% ELECTRICAL 1.29% DESIGN 0.54% M 1.27% (NORTH 0.49% BUILDING 1.26% WEST) 0.49% ENERGY 1.25% CAR 0.49% S 1.20% CONSTRUCTION 0.49% ENTERPRISES 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 655 205,525 7487 - Other business activities 200 57,052 82990 - Other business support service activities not elsewhere classified 112 32,483 96090 - Other service activities not elsewhere classified 69 11,768 99999 - Dormant Company 61 21,846 9999 - Dormant Company 59 20,199 70229 - Management consultancy activities other than financial management 54 17,765 7499 - Non-trading company 44 9,957 7414 - Business & management consultancy 42 13,034 43210 - Electrical installation 30 3,175 62020 - Information technology consultancy activities 30 12,072 74990 - Non-trading company 28 8,929 86900 - Other human health activities 27 4,457 45200 - Maintenance and repair of motor vehicles 22 2,452 9305 - Other service activities 21 9,492 74909 - Other professional, scientific and technical activities not elsewhere classified 19 8,671 7222 - Other software consultancy and supply 19 7,398 4521 - General construction & civil engineering 18 5,558 7260 - Other computer related activities 18 7,667 62090 - Other information technology service activities 17 7,493
Recent Companies
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Randomly selected companies from this quarter
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