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
New Company Registrations
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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) Preston UK 2014 509 150,722 2013 469 134,802 % change 8.5% 11.8% Record Year 2014 (509) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 164 151 194 New companies in 2013 169 134 166 % change -3.0% 12.7% 16.9% Record Year 2013 (169) 2012 (184) 2014 (194)
Closed Companies (dissolved)
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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) Preston UK 2014 299 82,370 2013 266 77,914 % change 12.4% 5.7% Record Year 2010 (350) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 101 95 103 Closed companies in 2013 114 81 71 % change -11.4% 17.3% 45% Record Year 2011 (121) 2008 (101) 2009 (201)
Net Company Growth
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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) Preston UK 2014 210 68,352 2013 203 56,888 Record Year 2007 (216) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 63 56 91 Net growth in 2013 55 53 95 Record Year 2003 (89) 2003 (108) 2003 (142)
UK Company Share
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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 2014 0.3% 2013 0.3% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2003 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.4% 0.3% 0.4% % change -9.2% 4.0% -2.5% Record Year 1974 (0.8%) 1931 (1.3%) 1997 (0.6%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NW) 1.73% CONSULTING 5.22% MANAGEMENT 1.65% MANAGEMENT 4.67% PRESTON 1.11% CONSULTANCY 3.49% CONSULTANCY 1.08% PROPERTY 2.64% PROPERTY 1.04% TRADING 2.05% J 0.88% LONDON 1.88% CONSULTING 0.84% ENGINEERING 1.86% DEVELOPMENTS 0.77% CARE 1.79% CARE 0.77% CONSTRUCTION 1.75% NORTH 0.61% DESIGN 1.75% S 0.61% CONSULTANTS 1.73% TRAINING 0.58% BUSINESS 1.71% ENGINEERING 0.58% PROPERTIES 1.60% PARK 0.58% INVESTMENTS 1.60% M 0.58% GLOBAL 1.58% D 0.58% J 1.48% BUSINESS 0.54% ASSOCIATES 1.48% ENTERPRISES 0.54% MEDIA 1.48% CONSTRUCTION 0.54% IT 1.33% NW 0.54% TRANSPORT 1.30% BUILDING 0.54% DEVELOPMENTS 1.29% TRADING 0.54% BUILDING 1.24% ENERGY 0.54% M 1.21% C 0.50% CAPITAL 1.20% WEST 0.50% ELECTRICAL 1.19%
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 906 280,210 99999 - Dormant Company 196 47,084 82990 - Other business support service activities not elsewhere classified 175 56,411 96090 - Other service activities not elsewhere classified 113 26,700 70229 - Management consultancy activities other than financial management 99 37,882 62020 - Information technology consultancy activities 80 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 43 18,491 43210 - Electrical installation 42 5,885 47910 - Retail sale via mail order houses or via Internet 39 9,358 74990 - Non-trading company 37 14,135 43999 - Other specialised construction activities not elsewhere classified 37 8,155 45200 - Maintenance and repair of motor vehicles 37 5,130 41100 - Development of building projects 35 9,855 86900 - Other human health activities 32 10,273 43320 - Joinery installation 32 2,086 62012 - Business and domestic software development 30 9,509 62090 - Other information technology service activities 28 12,813 86210 - General medical practice activities 28 3,987 68209 - Other letting and operating of own or leased real estate 28 9,284 56302 - Public houses and bars 27 5,732
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08846712 FADLALLAH MEDICAL LIMITED 15 Jan 2014 08851440 TC MEDIA RIGGING LIMITED 20 Jan 2014 08855587 PRESTON TV REPAIRS LIMITED 22 Jan 2014 08858516 GALAXY HOLIDAYS LIMITED 23 Jan 2014 OC390685 NEXDIS LLP 29 Jan 2014 08867387 THOUGHTFUL CARE LIMITED 29 Jan 2014 08830957 CLARUS SOFTWARE LTD 03 Jan 2014 08834299 RT PROPERTY CONSULTANTS LTD 07 Jan 2014 08842347 PRESTON CITY WRESTLING ACADEMY CIC 13 Jan 2014 OC390310 MOORWORTH LLP 13 Jan 2014 08844211 J&S ENTERPRISES LIMITED 14 Jan 2014 08844787 TL BRICKWORK LTD 14 Jan 2014 08846722 PLACES FOR PEOPLE SPV 1 LIMITED 15 Jan 2014 08846835 BAMFORD CYCLE DEPARTMENT LIMITED 15 Jan 2014 08847513 NPH UTILITIES LTD 16 Jan 2014 08847542 PRECISION BRICKWORK (NW) LTD 16 Jan 2014 08850105 RIBHI ABDO LIMITED 17 Jan 2014 08853038 INPAY SERVICES UK LIMITED 20 Jan 2014 08853102 JAKBALL LTD 20 Jan 2014 08854713 A T ENTERPRISE NW LTD 21 Jan 2014 OC390549 HOUSEFRANK LLP 23 Jan 2014 08859791 P T SECURITY (NORTH WEST ) LTD 24 Jan 2014 08860739 SION PARK COMMUNITY HUB C.I.C. 24 Jan 2014 08868314 MICHAEL GREGSON LTD 30 Jan 2014 08871846 WARING & CO LIMITED 31 Jan 2014
reports
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