Preston, Lancashire
2014 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 987 companies were formed in Preston. This figure is 3.8% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Preston occurred in 2003 when a total of 995 were formed.
Half Year (Jan-Jun) Preston UK 2014 987 300,731 2013 951 269,432 % change 3.8% 11.6% Record Year 2003 (995) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 478 companies were registered in Preston during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 0.8% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Preston UK 2014 478 150,009 2013 482 134,630 % change -0.8% 11.4% Record Year 2013 (482) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 173 141 164 New companies in 2013 180 166 136 % change -3.9% -15.1% 20.6% Record Year 2013 (180) 2013 (166) 2003 (171)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 655 companies were dissolved in Preston. This figure is 19.1% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Preston occurred in 2009 when a total of 749 were closed.
Half Year (Jan-Jun) Preston UK 2014 655 177,207 2013 550 155,192 % change 19.1% 14.2% Record Year 2009 (749) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 356 companies were dissolved in Preston during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 25.4% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Preston UK 2014 356 94,837 2013 284 77,278 % change 25.4% 22.7% Record Year 2009 (421) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 84 151 121 Closed companies in 2013 99 82 103 % change -15.2% 84.1% 17% Record Year 2013 (99) 2009 (178) 2009 (156)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Preston increased by 332 companies.
Half Year (Jan-Jun) Preston UK 2014 332 123,524 2013 401 114,240 Record Year 2003 (718) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Preston during the second quarter of 2014 (Apr 2014 - Jun 2014) was 122 companies.
second quarter (Apr 2014 - Jun 2014) Preston UK 2014 122 55,172 2013 198 57,352 Record Year 2007 (198) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 89 -10 43 Net growth in 2013 81 84 33 Record Year 2003 (127) 2003 (130) 2003 (122)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Preston formed 0.3% of all UK companies. This is less than the 2013 figure of 0.4%.
Half Year (Jan-Jun) Preston 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2003 (0.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Preston formed 0.3% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Preston 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.4% Record Year (since 1960) 2002 (0.5%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.4% 0.4% 0.3% % change -13.3% -21.6% 4.5% Record Year 2003 (0.5%) 1968 (0.7%) 2002 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 43.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 43.0.
The percentage of directors under the age of 25 was 5.1% 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 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Preston was 2008 when 33.4% of all directors were female.
24.4% of all director appointments in Preston in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Preston was in 2008 when 35.0% of all directors were female.
26.0% of all director appointments in Preston in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NW) 1.51% CONSULTING 5.16% MANAGEMENT 1.51% MANAGEMENT 4.64% PRESTON 1.36% CONSULTANCY 3.50% PROPERTY 1.17% PROPERTY 2.66% CONSULTANCY 1.17% TRADING 2.03% ENGINEERING 0.79% ENGINEERING 1.99% CONSULTING 0.76% CONSTRUCTION 1.93% CARE 0.76% LONDON 1.93% DEVELOPMENTS 0.72% CARE 1.85% ELECTRICAL 0.68% DESIGN 1.75% S 0.64% CONSULTANTS 1.73% J 0.64% BUSINESS 1.69% D 0.64% PROPERTIES 1.63% CONSULTANTS 0.64% TRANSPORT 1.58% CONSTRUCTION 0.64% GLOBAL 1.55% NORTH 0.60% INVESTMENTS 1.55% BUILDING 0.57% J 1.51% M 0.57% ASSOCIATES 1.48% ENERGY 0.53% MEDIA 1.44% NW 0.53% ELECTRICAL 1.40% TRAINING 0.53% IT 1.33% ENTERPRISES 0.53% DEVELOPMENTS 1.33% (PRESTON) 0.53% BUILDING 1.26% MEDIA 0.49% M 1.24% WEST 0.49% CO., 1.20%
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 825 261,557 99999 - Dormant Company 204 48,436 82990 - Other business support service activities not elsewhere classified 175 57,421 96090 - Other service activities not elsewhere classified 129 28,352 70229 - Management consultancy activities other than financial management 103 40,250 62020 - Information technology consultancy activities 76 29,029 47910 - Retail sale via mail order houses or via Internet 46 9,900 74909 - Other professional, scientific and technical activities not elsewhere classified 42 19,058 43210 - Electrical installation 41 6,050 43999 - Other specialised construction activities not elsewhere classified 38 8,533 41100 - Development of building projects 38 10,527 62090 - Other information technology service activities 34 13,024 86900 - Other human health activities 33 11,292 45200 - Maintenance and repair of motor vehicles 33 5,375 56302 - Public houses and bars 33 6,099 74990 - Non-trading company 32 14,351 86210 - General medical practice activities 32 4,176 56103 - Take-away food shops and mobile food stands 32 7,840 43320 - Joinery installation 30 2,169 96020 - Hairdressing and other beauty treatment 29 6,631
Recent Companies
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Randomly selected companies from this quarter
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