Preston, Lancashire

Q3 2014 Business Confidence Report

Headlines

  • August 2014 saw a new record in company registrations in Preston when compared to any previous August.
  • July 2014 saw a new record in company closures in Preston when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    A total of 475 companies were registered in Preston during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 9.2% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)PrestonUK
    2014475143,414
    2013435132,684
    % change9.2%8.1%
    Record Year 2014 (475) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014170160145
    New companies in 2013153137145
    % change11.1%16.8%0.0%
    Record Year2003 (208)2014 (160)2012 (162)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 399 companies were dissolved in Preston during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 9.9% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)PrestonUK
    2014399101,670
    201336386,170
    % change9.9%18.0%
    Record Year 2009 (427) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Preston when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014147109143
    Closed companies in 2013116102145
    % change26.7%6.9%-1%
    Record Year2014 (147)2008 (193)2009 (198)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Preston during the third quarter of 2014 (Jul 2014 - Sep 2014) was 76 companies.

    third quarter (Jul 2014 - Sep 2014)PrestonUK
    20147641,744
    20137246,514
    Record Year 2006 (189) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201423512
    Net growth in 201337350
    Record Year2003 (135)2003 (87)2002 (138)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Preston
    20140.3%
    20130.3%
    20120.4%
    20110.3%
    20100.3%
    Record Year (since 1960) 2002 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.3%0.4%0.3%
    UK formation share in 20130.3%0.3%0.3%
    % change1.0%11.3%-8.3%
    Record Year1936 (0.7%)2002 (0.5%)2002 (0.6%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 42.9.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Preston was in 2007 when 32.6% of all directors were female.

    24.6% of all director appointments in Preston in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NW)1.78%CONSULTING5.17%
    MANAGEMENT1.55%MANAGEMENT4.63%
    CONSULTANCY1.33%CONSULTANCY3.55%
    PRESTON1.29%PROPERTY2.62%
    PROPERTY1.04%ENGINEERING2.07%
    CARE0.89%CONSTRUCTION2.05%
    CONSULTING0.85%TRADING2.00%
    ENGINEERING0.78%LONDON1.95%
    CONSTRUCTION0.74%CARE1.94%
    CONSULTANTS0.67%TRANSPORT1.76%
    ELECTRICAL0.67%DESIGN1.70%
    NORTH0.63%CONSULTANTS1.70%
    DESIGN0.59%PROPERTIES1.63%
    NW0.59%BUSINESS1.62%
    J0.59%J1.53%
    D0.59%ELECTRICAL1.53%
    BUSINESS0.55%GLOBAL1.51%
    ENERGY0.55%INVESTMENTS1.50%
    BUILDING0.52%ASSOCIATES1.48%
    WEST0.52%MEDIA1.38%
    M0.52%CO.,1.36%
    S0.52%DEVELOPMENTS1.35%
    TRADING0.52%BUILDING1.30%
    TRAINING0.48%IT1.30%
    HIRE0.48%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied855278,481
    99999 - Dormant Company20248,286
    82990 - Other business support service activities not elsewhere classified16957,264
    96090 - Other service activities not elsewhere classified13528,224
    70229 - Management consultancy activities other than financial management10240,717
    62020 - Information technology consultancy activities7529,313
    47910 - Retail sale via mail order houses or via Internet479,914
    74909 - Other professional, scientific and technical activities not elsewhere classified4218,890
    43210 - Electrical installation415,922
    43999 - Other specialised construction activities not elsewhere classified398,501
    62090 - Other information technology service activities3712,795
    56302 - Public houses and bars356,056
    86900 - Other human health activities3511,807
    41100 - Development of building projects3510,604
    68209 - Other letting and operating of own or leased real estate3410,361
    74990 - Non-trading company3314,006
    56103 - Take-away food shops and mobile food stands317,917
    86210 - General medical practice activities314,406
    96020 - Hairdressing and other beauty treatment306,630
    43320 - Joinery installation302,104

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09110468 PRESTON 1965 LIMITED 01 Jul 2014
    09113738 LAW4ALL (LITTLEBOROUGH) LIMITED 03 Jul 2014
    09124094 AXO INTERNATIONAL (UK) LTD 10 Jul 2014
    09128193 CEDARWOOD COFFEE COMPANY LIMITED 14 Jul 2014
    09129909 CREWDSON HEALTHCARE CONSULTING LIMITED 14 Jul 2014
    09131572 REBECCA (UK) LIMITED 15 Jul 2014
    09134889 PRECIOUS GEMS CLEANING SERVICES LIMITED 17 Jul 2014
    09135724 DIRECT RECYCLING (UK) LIMITED 17 Jul 2014
    09135826 SAFE HANDS SECURITY SERVICES LIMITED 17 Jul 2014
    09136877 AMAAN PROPERTIES LIMITED 18 Jul 2014
    09144071 ZION WEALTH LTD 23 Jul 2014
    09144167 LOGICLOCK LTD 23 Jul 2014
    09150121 RINSE OUT SOUND SYSTEM LIMITED 28 Jul 2014
    09116773 JMR LEISURE LIMITED 04 Jul 2014
    09118237 PEERLESS FENCING CONTRACTORS LIMITED 07 Jul 2014
    09122113 RAW TALENT CASTING LTD 08 Jul 2014
    09129702 PROPER NORTHERN LIMITED 14 Jul 2014
    09133130 THINK FEET LIMITED 16 Jul 2014
    09135213 T-SHIRT PRINTER UK LTD 17 Jul 2014
    09146384 MHM WINDOW AND ROOFING CENTRE LTD 24 Jul 2014
    09147670 WHITEWELL OAK LTD 25 Jul 2014
    09151600 PROJEX MAINTENANCE LTD 29 Jul 2014
    09154598 WUKPG (ASIA PACIFIC) LTD 30 Jul 2014
    09154701 LOREC (UK) LTD 31 Jul 2014
    09156328 IVOR DAVIES CONSULTANCY LIMITED 31 Jul 2014