Preston, Lancashire

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • October 2013 saw a new record in company registrations in Preston when compared to any previous October.
  • October 2013 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 (2013)

    A total of 1,814 companies were formed in Preston in 2013. This total is 5.9% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearPrestonUK
    20131,814529,363
    20121,713491,893
    20111,589452,870
    20101,456400,358
    20091,277362,675
    Record Year2013 (1,814)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 863 companies were formed in Preston. This figure is 7.2% higher than last year, which compares badly to the UK wide figure of 8.9%.

    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
    2013863259,931
    2012805238,743
    % change7.2%8.9%
    Record Year2003 (938)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 428 companies were registered in Preston during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 13.5% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)PrestonUK
    2013428127,247
    2012377119,875
    % change13.5%6.1%
    Record Year 2013 (428) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company registrations in Preston when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013179147102
    New companies in 2012130142105
    % change37.7%3.5%-2.9%
    Record Year2013 (179)2003 (154)2003 (114)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 1,220 companies were dissolved in Preston in 2013. This total is 11.2% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearPrestonUK
    20131,220332,213
    20121,097293,729
    20111,149314,524
    20101,324342,233
    20091,566533,789
    Record Year2009 (1,566)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 670 companies were dissolved in Preston. This figure is 30.6% higher than last year, which compares badly to the UK wide change of 21.3%.

    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
    2013670177,021
    2012513145,935
    % change30.6%21.3%
    Record Year2009 (817)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 307 companies were dissolved in Preston during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 27.9% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)PrestonUK
    201330790,851
    201224070,027
    % change27.9%29.7%
    Record Year 2009 (390) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company closures in Preston when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201312481102
    Closed companies in 20121088745
    % change14.8%-6.9%127%
    Record Year2013 (124)2009 (138)2009 (144)

Net Company Growth

  1. Annual Data (2013)

    A total of 594 companies were added to the company register for Preston in 2013. This number represents growth of 32.7% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 22 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the Preston company register grew by 690 companies.

    YearPrestonUK
    2013594197,150
    2012616198,164
    2011440138,346
    201013258,125
    2009-289-171,114
    Record Year2006 (690)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Preston increased by 193 companies.

    Half Year (Jul-Dec)PrestonUK
    201319382,910
    201229292,808
    Record Year2003 (618)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Preston during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 121 companies.

    fourth quarter (Oct 2013 - Dec 2013)PrestonUK
    201312136,396
    201213749,848
    Record Year 2006 (160) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201355660
    Net growth in 2012225560
    Record Year2003 (141)2003 (96)2003 (64)

UK Company Share

  1. Annual Data (2013)

    In 2013 Preston formed 0.3% of all UK companies. This is no change on 2012 when Preston was responsible for 0.3% of all UK companies.

    YearPreston
    20130.3%
    20120.3%
    20110.4%
    20100.4%
    20090.4%
    Record Year (since 1960)2002 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Preston formed 0.3% of all UK companies. This is the same as the 2012 figure of 0.3%.

    Half Year (Jul-Dec)Preston
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.4%
    Record Year (since 1960) 2002 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Preston formed 0.3% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Preston
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 2002 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.4%0.3%0.3%
    UK formation share in 20120.3%0.3%0.3%
    % change28.0%1.7%-11.7%
    Record Year1966 (1.0%)2002 (0.5%)1990 (0.4%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 43.6.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 44.0.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 45.1.

    The percentage of directors under the age of 25 was 6.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Preston was 1985 when 100.0% of all directors were female.

    The percentage of female directors in Preston in 2013 was 24.7%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Preston was 2007 when 31.2% of all directors were female.

    26.2% of all director appointments in Preston in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Preston was in 2007 when 29.7% of all directors were female.

    25.2% of all director appointments in Preston in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    (NW)1.55%CONSULTING5.22%
    MANAGEMENT1.44%MANAGEMENT4.72%
    J1.05%CONSULTANCY3.45%
    PRESTON1.01%PROPERTY2.59%
    DEVELOPMENTS0.85%TRADING2.08%
    CONSULTANCY0.85%ENGINEERING1.87%
    CONSULTING0.81%LONDON1.86%
    PROPERTY0.81%DESIGN1.76%
    CARE0.78%CONSTRUCTION1.73%
    TRADING0.70%CARE1.73%
    ENGINEERING0.70%BUSINESS1.71%
    S0.62%CONSULTANTS1.68%
    NORTH0.62%GLOBAL1.58%
    C0.58%INVESTMENTS1.56%
    M0.58%PROPERTIES1.54%
    CENTRE0.54%ASSOCIATES1.53%
    PARK0.54%J1.51%
    ENTERPRISES0.54%MEDIA1.50%
    CONSULTANTS0.50%IT1.35%
    D0.50%DEVELOPMENTS1.23%
    LANCASHIRE0.50%M1.23%
    ENERGY0.50%BUILDING1.21%
    BUILDING0.47%ELECTRICAL1.20%
    NW0.47%CAPITAL1.19%
    ELECTRICAL0.47%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied868266,814
    99999 - Dormant Company18846,762
    82990 - Other business support service activities not elsewhere classified18855,342
    96090 - Other service activities not elsewhere classified11326,001
    70229 - Management consultancy activities other than financial management9936,164
    62020 - Information technology consultancy activities7227,183
    74909 - Other professional, scientific and technical activities not elsewhere classified4418,034
    43210 - Electrical installation425,730
    74990 - Non-trading company4014,223
    45200 - Maintenance and repair of motor vehicles384,987
    86900 - Other human health activities339,543
    47910 - Retail sale via mail order houses or via Internet338,879
    43999 - Other specialised construction activities not elsewhere classified327,823
    43320 - Joinery installation312,022
    41100 - Development of building projects309,485
    86210 - General medical practice activities303,942
    56302 - Public houses and bars305,503
    68209 - Other letting and operating of own or leased real estate288,733
    62012 - Business and domestic software development289,360
    64999 - Financial intermediation not elsewhere classified235,309

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08797788 EAST PR LIMITED 02 Dec 2013
    08801058 SUPREME WORLDWIDE LTD 03 Dec 2013
    08802064 WEDDELL SOLUTIONS LIMITED 04 Dec 2013
    08802911 UK MILLS LTD 05 Dec 2013
    08803729 FUNCTIONS FOR YOU LTD 05 Dec 2013
    08807840 LOVE AUDIO LIMITED 09 Dec 2013
    08810081 NASCOSTO LTD 11 Dec 2013
    08813293 BRAD PARK DEVELOPMENTS LIMITED 13 Dec 2013
    08813996 CANDY CRUSH 24 HOUR LIMITED 13 Dec 2013
    08816274 PENWORTHAM BLINDS LTD 16 Dec 2013
    08819466 MADNI CASH & CARRY LIMITED 18 Dec 2013
    08819982 GUILD & VILLAGE TAXIS LTD 18 Dec 2013
    08827237 CHESTERS CHICKEN (MIDDLE EAST) LTD 30 Dec 2013
    08803018 M K KISHORE LIMITED 05 Dec 2013
    08808411 AEM TECHNOLOGY LTD 10 Dec 2013
    08810246 ENERGY 2 WORK LIMITED 11 Dec 2013
    08811047 FRANCISCO TILER LTD 11 Dec 2013
    08815232 PRESTON VAN HIRE LIMITED 13 Dec 2013
    08824618 EXTENSOR ORTHOPAEDICS LIMITED 23 Dec 2013
    08818253 SHERIDAN GILLIS MANAGEMENT LIMITED 17 Dec 2013
    08820669 OKON HOME IMPROVEMENTS LTD 19 Dec 2013
    08823926 ELIZABETH ANNE SHOES LIMITED 23 Dec 2013
    08820240 MAYA (LANCS) LIMITED 19 Dec 2013
    08827981 MULLIGAN MANAGEMENT SERVICES LIMITED 31 Dec 2013
    08807739 JUST BUSINESS IT LIMITED 09 Dec 2013