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
New Company Registrations
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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.
Year Preston UK 2012 1,714 491,893 2011 1,589 452,870 2010 1,456 400,358 2009 1,277 362,675 2008 1,267 349,203 Record Year 2003 (1,933) 2012 (491,893) New Companies by Year
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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) Preston UK 2012 806 238,743 2011 741 224,135 % change 8.8% 6.5% Record Year 2003 (938) 2012 (238,743) New Companies by Half Year
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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) Preston UK 2012 378 119,875 2011 370 109,623 % change 2.2% 9.4% Record Year 2003 (433) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 130 142 106 New companies in 2011 141 143 86 % change -7.8% -0.7% 23.3% Record Year 2002 (169) 2003 (154) 2003 (114)
Closed Companies (dissolved)
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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.
Year Preston UK 2012 1,097 293,728 2011 1,149 314,524 2010 1,324 342,233 2009 1,566 533,787 2008 774 237,873 Record Year 2009 (1,566) 2009 (533,787) Dissolved Companies by Year
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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) Preston UK 2012 513 145,934 2011 612 152,213 % change -16.2% -4.1% Record Year 2009 (817) 2009 (244,543) Dissolved Companies by Half Year
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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) Preston UK 2012 240 70,026 2011 360 79,983 % change -33.3% -12.4% Record Year 2009 (390) 2009 (85,139) Dissolved Companies by Quarter
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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
October November December Closed companies in 2012 108 87 45 Closed companies in 2011 97 121 142 % change 11.3% -28.1% -68% Record Year 2012 (108) 2009 (138) 2009 (144)
Net Company Growth
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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.
Year Preston UK 2012 617 198,165 2011 440 138,346 2010 132 58,125 2009 -289 -171,112 2008 493 111,330 Record Year 2003 (1,336) 2003 (242,541) Net Growth by Year
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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) Preston UK 2012 293 92,809 2011 129 71,922 Record Year 2003 (618) 2003 (117,772) Net Growth by Half Year
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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) Preston UK 2012 138 49,849 2011 10 29,640 Record Year 2003 (301) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 22 55 61 Net growth in 2011 44 22 -56 Record Year 2003 (141) 2003 (96) 2003 (64)
UK Company Share
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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.
Year Preston 2012 0.3% 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% Record Year (since 1960) 2002 (0.5%) Company Share by Year
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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 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.4% 2008 0.4% Record Year (since 1960) 2002 (0.5%) Company Share by Half Year
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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 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.4% Record Year (since 1960) 1961 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.3% 0.3% 0.3% UK formation share in 2011 0.4% 0.4% 0.3% % change -22.5% -5.5% 20.0% Record Year 1966 (1.0%) 1967 (0.7%) 1961 (1.0%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.05% CONSULTING 5.15% PRESTON 1.64% MANAGEMENT 4.78% CONSULTANCY 0.82% CONSULTANCY 3.31% (NW) 0.82% PROPERTY 2.40% BUSINESS 0.78% TRADING 2.03% ELECTRICAL 0.78% DESIGN 1.86% PROPERTY 0.70% ASSOCIATES 1.82% DESIGN 0.70% ENGINEERING 1.79% CONSULTING 0.66% BUSINESS 1.76% M 0.66% CONSULTANTS 1.75% GLOBAL 0.66% CONSTRUCTION 1.69% LANCASHIRE 0.62% LONDON 1.69% WEST 0.62% MEDIA 1.69% J 0.62% GLOBAL 1.59% CONSULTANTS 0.62% J 1.57% FINANCIAL 0.53% INVESTMENTS 1.46% BUILDING 0.53% IT 1.43% CLAIMS 0.53% CARE 1.39% NORTH 0.53% PROPERTIES 1.34% TRAINING 0.53% M 1.26% PROPERTIES 0.49% BUILDING 1.23% ENERGY 0.49% ENTERPRISES 1.21% LEISURE 0.49% TRAINING 1.18% MARKETING 0.49% ELECTRICAL 1.17% R 0.49% SECURITY 1.17%
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 764 236,139 82990 - Other business support service activities not elsewhere classified 166 52,427 99999 - Dormant Company 129 40,648 96090 - Other service activities not elsewhere classified 101 22,058 70229 - Management consultancy activities other than financial management 91 30,396 62020 - Information technology consultancy activities 57 23,256 74990 - Non-trading company 47 13,808 43210 - Electrical installation 45 5,304 74909 - Other professional, scientific and technical activities not elsewhere classified 45 15,572 45200 - Maintenance and repair of motor vehicles 38 4,290 7487 - Other business activities 36 10,703 86900 - Other human health activities 36 7,866 69201 - Accounting and auditing activities 26 6,177 62090 - Other information technology service activities 26 12,291 41100 - Development of building projects 25 7,980 86210 - General medical practice activities 25 3,960 43320 - Joinery installation 24 1,876 43999 - Other specialised construction activities not elsewhere classified 23 6,419 43220 - Plumbing, heat and air-conditioning installation 23 4,045 49410 - Freight transport by road 22 5,165
Recent Companies
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Randomly selected companies from this quarter
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