Preston, Lancashire

2012 Annual Business Confidence Report

Headlines

  • October 2012 saw a new record in company closures in Preston when compared to any previous October.

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. Annual Data (2012)

    A total of 1,714 companies were formed in Preston in 2012. This total is 7.9% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearPrestonUK
    20121,714491,893
    20111,589452,870
    20101,456400,358
    20091,277362,675
    20081,267349,203
    Record Year2003 (1,933)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 806 companies were formed in Preston. This figure is 8.8% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Preston occurred in 2003 when a total of 938 were formed.

    Half Year (Jul-Dec)PrestonUK
    2012806238,743
    2011741224,135
    % change8.8%6.5%
    Record Year2003 (938)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 378 companies were registered in Preston during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 2.2% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)PrestonUK
    2012378119,875
    2011370109,623
    % change2.2%9.4%
    Record Year 2003 (433) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012130142106
    New companies in 201114114386
    % change-7.8%-0.7%23.3%
    Record Year2002 (169)2003 (154)2003 (114)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 1,097 companies were dissolved in Preston in 2012. This total is 4.5% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearPrestonUK
    20121,097293,728
    20111,149314,524
    20101,324342,233
    20091,566533,787
    2008774237,873
    Record Year2009 (1,566)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 513 companies were dissolved in Preston. This figure is 16.2% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Preston occurred in 2009 when a total of 817 were closed.

    Half Year (Jul-Dec)PrestonUK
    2012513145,934
    2011612152,213
    % change-16.2%-4.1%
    Record Year2009 (817)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 240 companies were dissolved in Preston during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 33.3% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)PrestonUK
    201224070,026
    201136079,983
    % change-33.3%-12.4%
    Record Year 2009 (390) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Preston when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20121088745
    Closed companies in 201197121142
    % change11.3%-28.1%-68%
    Record Year2012 (108)2009 (138)2009 (144)

Net Company Growth

  1. Annual Data (2012)

    A total of 617 companies were added to the company register for Preston in 2012. This number represents growth of 38.8% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 177 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.

    YearPrestonUK
    2012617198,165
    2011440138,346
    201013258,125
    2009-289-171,112
    2008493111,330
    Record Year2003 (1,336)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Preston increased by 293 companies.

    Half Year (Jul-Dec)PrestonUK
    201229392,809
    201112971,922
    Record Year2003 (618)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Preston during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 138 companies.

    fourth quarter (Oct 2012 - Dec 2012)PrestonUK
    201213849,849
    20111029,640
    Record Year 2003 (301) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012225561
    Net growth in 20114422-56
    Record Year2003 (141)2003 (96)2003 (64)

UK Company Share

  1. Annual Data (2012)

    In 2012 Preston formed 0.3% of all UK companies. This is a decline on 2011 when Preston was responsible for 0.4% of all UK companies.

    YearPreston
    20120.3%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960)2002 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Preston formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.

    Half Year (Jul-Dec)Preston
    20120.3%
    20110.3%
    20100.3%
    20090.4%
    20080.4%
    Record Year (since 1960) 2002 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Preston formed 0.3% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Preston
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.4%
    Record Year (since 1960) 1961 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.3%0.3%0.3%
    UK formation share in 20110.4%0.4%0.3%
    % change-22.5%-5.5%20.0%
    Record Year1966 (1.0%)1967 (0.7%)1961 (1.0%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.3.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.2.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 43.1.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Preston was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Preston in 2012 was 33.0%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Preston was 1860 when 42.9% of all directors were female.

    25.1% of all director appointments in Preston in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Preston was in 1977 when 31.2% of all directors were female.

    22.9% of all director appointments in Preston in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.05%CONSULTING5.15%
    PRESTON1.64%MANAGEMENT4.78%
    CONSULTANCY0.82%CONSULTANCY3.31%
    (NW)0.82%PROPERTY2.40%
    BUSINESS0.78%TRADING2.03%
    ELECTRICAL0.78%DESIGN1.86%
    PROPERTY0.70%ASSOCIATES1.82%
    DESIGN0.70%ENGINEERING1.79%
    CONSULTING0.66%BUSINESS1.76%
    M0.66%CONSULTANTS1.75%
    GLOBAL0.66%CONSTRUCTION1.69%
    LANCASHIRE0.62%LONDON1.69%
    WEST0.62%MEDIA1.69%
    J0.62%GLOBAL1.59%
    CONSULTANTS0.62%J1.57%
    FINANCIAL0.53%INVESTMENTS1.46%
    BUILDING0.53%IT1.43%
    CLAIMS0.53%CARE1.39%
    NORTH0.53%PROPERTIES1.34%
    TRAINING0.53%M1.26%
    PROPERTIES0.49%BUILDING1.23%
    ENERGY0.49%ENTERPRISES1.21%
    LEISURE0.49%TRAINING1.18%
    MARKETING0.49%ELECTRICAL1.17%
    R0.49%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied764236,139
    82990 - Other business support service activities not elsewhere classified16652,427
    99999 - Dormant Company12940,648
    96090 - Other service activities not elsewhere classified10122,058
    70229 - Management consultancy activities other than financial management9130,396
    62020 - Information technology consultancy activities5723,256
    74990 - Non-trading company4713,808
    43210 - Electrical installation455,304
    74909 - Other professional, scientific and technical activities not elsewhere classified4515,572
    45200 - Maintenance and repair of motor vehicles384,290
    7487 - Other business activities3610,703
    86900 - Other human health activities367,866
    69201 - Accounting and auditing activities266,177
    62090 - Other information technology service activities2612,291
    41100 - Development of building projects257,980
    86210 - General medical practice activities253,960
    43320 - Joinery installation241,876
    43999 - Other specialised construction activities not elsewhere classified236,419
    43220 - Plumbing, heat and air-conditioning installation234,045
    49410 - Freight transport by road225,165

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08237420 WENTWORTH & CO. LTD 02 Oct 2012
    08243023 UNIQUE DENIM LIMITED 08 Oct 2012
    08251907 JETRACING LTD 12 Oct 2012
    08253642 SALLAYA THAI SPA LIMITED 15 Oct 2012
    08256234 RAINBOW WORLD & CO LIMITED 17 Oct 2012
    08268761 BARBER SOLICITORS LIMITED 25 Oct 2012
    08271385 BARNCROSH LEISURE ESTATES LTD 29 Oct 2012
    08237379 GLOBAL MARINE AND OFFSHORE SERVICES LTD 02 Oct 2012
    08242377 JENKINS WILD HARVEST LIMITED 05 Oct 2012
    08250737 KIERON FIELD LIMITED 12 Oct 2012
    08255121 PLUM CONTRACT MANAGEMENT LTD 16 Oct 2012
    08255747 AFH ENGINEERING SERVICES LTD 16 Oct 2012
    08256342 HOME BUSINESS EXPERT LIMITED 17 Oct 2012
    08257282 GREYSTONES PSYCHOLOGICAL SERVICES LTD 17 Oct 2012
    08266261 STUART BAMBER LIMITED 24 Oct 2012
    08272384 EUROPEAN MARKET TRADER LTD 29 Oct 2012
    OC379780 GRH PROPERTIES LLP 30 Oct 2012
    08241817 CHANGOS BURRITO BAR LIMITED 05 Oct 2012
    08244023 WARD ACCOUNTING SERVICES LTD 08 Oct 2012
    08245300 7FOXFIELD LIMITED 09 Oct 2012
    08249198 EDGE5 LTD 11 Oct 2012
    08251069 HILL GURNEY LIMITED 12 Oct 2012
    08264508 ELAINE LUCAS LIMITED 23 Oct 2012
    08274767 S J GARNER FINANCIAL MANAGEMENT LIMITED 31 Oct 2012
    08237972 CLASSIC GARDENS FYLDE LIMITED 03 Oct 2012