Preston, Lancashire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Preston when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Preston when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Preston when compared to any previous March.

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. Quarterly Data (Q1 Jan-Mar 2014)

    Q1 2014 saw a new record in company registrations in Preston when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Preston when compared to any quarter in history.

    A total of 509 companies were registered in Preston during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 8.5% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)PrestonUK
    2014509150,722
    2013469134,802
    % change8.5%11.8%
    Record Year 2014 (509) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Preston when compared to any previous March.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014164151194
    New companies in 2013169134166
    % change-3.0%12.7%16.9%
    Record Year2013 (169)2012 (184)2014 (194)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 299 companies were dissolved in Preston during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 12.4% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)PrestonUK
    201429982,370
    201326677,914
    % change12.4%5.7%
    Record Year 2010 (350) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201410195103
    Closed companies in 20131148171
    % change-11.4%17.3%45%
    Record Year2011 (121)2008 (101)2009 (201)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Preston during the first quarter of 2014 (Jan 2014 - Mar 2014) was 210 companies.

    first quarter (Jan 2014 - Mar 2014)PrestonUK
    201421068,352
    201320356,888
    Record Year 2007 (216) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014635691
    Net growth in 2013555395
    Record Year2003 (89)2003 (108)2003 (142)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Preston formed 0.3% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Preston
    20140.3%
    20130.3%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2003 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.4%0.3%0.4%
    % change-9.2%4.0%-2.5%
    Record Year1974 (0.8%)1931 (1.3%)1997 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 43.3.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.6%.

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

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Preston was in 2007 when 32.9% of all directors were female.

    22.8% of all director appointments in Preston in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    (NW)1.73%CONSULTING5.22%
    MANAGEMENT1.65%MANAGEMENT4.67%
    PRESTON1.11%CONSULTANCY3.49%
    CONSULTANCY1.08%PROPERTY2.64%
    PROPERTY1.04%TRADING2.05%
    J0.88%LONDON1.88%
    CONSULTING0.84%ENGINEERING1.86%
    DEVELOPMENTS0.77%CARE1.79%
    CARE0.77%CONSTRUCTION1.75%
    NORTH0.61%DESIGN1.75%
    S0.61%CONSULTANTS1.73%
    TRAINING0.58%BUSINESS1.71%
    ENGINEERING0.58%PROPERTIES1.60%
    PARK0.58%INVESTMENTS1.60%
    M0.58%GLOBAL1.58%
    D0.58%J1.48%
    BUSINESS0.54%ASSOCIATES1.48%
    ENTERPRISES0.54%MEDIA1.48%
    CONSTRUCTION0.54%IT1.33%
    NW0.54%TRANSPORT1.30%
    BUILDING0.54%DEVELOPMENTS1.29%
    TRADING0.54%BUILDING1.24%
    ENERGY0.54%M1.21%
    C0.50%CAPITAL1.20%
    WEST0.50%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied906280,210
    99999 - Dormant Company19647,084
    82990 - Other business support service activities not elsewhere classified17556,411
    96090 - Other service activities not elsewhere classified11326,700
    70229 - Management consultancy activities other than financial management9937,882
    62020 - Information technology consultancy activities8027,750
    74909 - Other professional, scientific and technical activities not elsewhere classified4318,491
    43210 - Electrical installation425,885
    47910 - Retail sale via mail order houses or via Internet399,358
    74990 - Non-trading company3714,135
    43999 - Other specialised construction activities not elsewhere classified378,155
    45200 - Maintenance and repair of motor vehicles375,130
    41100 - Development of building projects359,855
    86900 - Other human health activities3210,273
    43320 - Joinery installation322,086
    62012 - Business and domestic software development309,509
    62090 - Other information technology service activities2812,813
    86210 - General medical practice activities283,987
    68209 - Other letting and operating of own or leased real estate289,284
    56302 - Public houses and bars275,732

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08918752 VELOXIO LIMITED 03 Mar 2014
    08922488 HIGHTOWER SOLUTIONS LIMITED 04 Mar 2014
    08925781 PP MEDIA RIGGING LIMITED 06 Mar 2014
    08934674 FIANO LIMITED 12 Mar 2014
    08936569 BARLICK LIMITED 13 Mar 2014
    08938315 SAKRAAR LTD 13 Mar 2014
    08940702 ANET HOSTING LIMITED 14 Mar 2014
    08941611 TYRES (UK) LIMITED 17 Mar 2014
    08952174 COMPUTER SHOP PRESTON LIMITED 21 Mar 2014
    08956637 IAN WADE CONSULTANCY LTD 25 Mar 2014
    08957842 LONGLEAF INTERIORS LIMITED 25 Mar 2014
    08963011 PENSIONTAXBACK LIMITED 27 Mar 2014
    08963219 GORILLAZ FAST FOOD LIMITED 27 Mar 2014
    08965702 WOODROSE SOLUTIONS LIMITED 28 Mar 2014
    08968047 SM ALLEN LTD 31 Mar 2014
    08918572 TESLA RECYCLING LIMITED 03 Mar 2014
    08921326 DK-TECH SOLUTIONS LTD 04 Mar 2014
    08922580 ATKINSONIC LTD 04 Mar 2014
    08923286 WALLBANK GROUND MAINTENANCE LTD 05 Mar 2014
    08925321 JANUS PRODUCTIONS LTD 06 Mar 2014
    08929961 ELECTRIKERY SMART HOMES LIMITED 10 Mar 2014
    08932041 DBT CONSTRUCTION LIMITED 11 Mar 2014
    08936827 SCENE (PRESTON) LTD 13 Mar 2014
    08937770 DIGITAL RISE LTD 13 Mar 2014
    OC392026 MY BABA FAMILY LLP 18 Mar 2014