Preston, Lancashire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Preston when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Preston when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Preston when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Preston when compared to any previous December.
- November 2014 saw a new record in company registrations in Preston when compared to any previous November.
- October 2014 saw a new record in company registrations in Preston when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Preston when compared to any year in history.
A total of 1,941 companies were formed in Preston in 2014. This total is 7.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Preston UK 2014 1,941 582,051 2013 1,814 529,363 2012 1,713 491,893 2011 1,589 452,870 2010 1,456 400,358 Record Year 2014 (1,941) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Preston when compared to any previous second half year.
In the second half of 2014 a total of 954 companies were formed in Preston. This figure is 10.5% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Preston occurred in 2014 when a total of 954 were formed.
Half Year (Jul-Dec) Preston UK 2014 954 281,320 2013 863 259,931 % change 10.5% 8.2% Record Year 2014 (954) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Preston when compared to any previous Q4.
A total of 479 companies were registered in Preston during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 11.9% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Preston UK 2014 479 137,906 2013 428 127,247 % change 11.9% 8.4% Record Year 2014 (479) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Preston when compared to any previous December.
November 2014 saw a new record in company registrations in Preston when compared to any previous November.
October 2014 saw a new record in company registrations in Preston when compared to any previous October.
New Companies by Month
October November December New companies in 2014 193 158 128 New companies in 2013 179 147 102 % change 7.8% 7.5% 25.5% Record Year 2014 (193) 2014 (158) 2014 (128)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 1,338 companies were dissolved in Preston in 2014. This total is 9.7% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Preston UK 2014 1,338 367,937 2013 1,220 332,213 2012 1,097 293,729 2011 1,149 314,524 2010 1,324 342,233 Record Year 2009 (1,566) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 683 companies were dissolved in Preston. This figure is 1.9% higher than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Preston occurred in 2009 when a total of 817 were closed.
Half Year (Jul-Dec) Preston UK 2014 683 190,730 2013 670 177,021 % change 1.9% 7.7% Record Year 2009 (817) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 284 companies were dissolved in Preston during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 7.5% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Preston UK 2014 284 89,060 2013 307 90,851 % change -7.5% -2.0% Record Year 2009 (390) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 80 92 112 Closed companies in 2013 124 81 102 % change -35.5% 13.6% 10% Record Year 2013 (124) 2009 (138) 2009 (144)
Net Company Growth
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Annual Data (2014)
A total of 603 companies were added to the company register for Preston in 2014. This number represents growth of 31.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 9 companies higher 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.
Year Preston UK 2014 603 214,114 2013 594 197,150 2012 616 198,164 2011 440 138,346 2010 132 58,125 Record Year 2006 (690) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Preston increased by 271 companies.
Half Year (Jul-Dec) Preston UK 2014 271 90,590 2013 193 82,910 Record Year 2003 (618) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Preston during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 195 companies.
fourth quarter (Oct 2014 - Dec 2014) Preston UK 2014 195 48,846 2013 121 36,396 Record Year 2014 (195) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 113 66 16 Net growth in 2013 55 66 0 Record Year 2003 (141) 2003 (96) 2003 (64)
UK Company Share
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Annual Data (2014)
In 2014 Preston formed 0.3% of all UK companies. This is no change on 2013 when Preston was responsible for 0.3% of all UK companies.
Year Preston 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.4% 2010 0.4% Record Year (since 1960) 2002 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Preston formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.
Half Year (Jul-Dec) Preston 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 2002 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Preston formed 0.3% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Preston 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 2002 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.4% 0.3% 0.3% UK formation share in 2013 0.4% 0.3% 0.3% % change 2.6% 2.1% 7.4% Record Year 1966 (1.0%) 2002 (0.5%) 1990 (0.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.1.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.1.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.3.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Preston was 1979 when 100.0% of all directors were female.
The percentage of female directors in Preston in 2014 was 24.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Preston was 2007 when 31.2% of all directors were female.
24.2% of all director appointments in Preston in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Preston was in 2007 when 29.7% of all directors were female.
23.8% of all director appointments in Preston in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.35% CONSULTING 5.22% (NW) 1.25% MANAGEMENT 4.58% PRESTON 1.21% CONSULTANCY 3.57% CONSULTANCY 1.11% PROPERTY 2.66% CONSULTING 0.96% CONSTRUCTION 2.12% ENGINEERING 0.96% ENGINEERING 2.10% PROPERTY 0.96% CARE 2.02% CARE 0.93% TRADING 1.94% CONSTRUCTION 0.71% LONDON 1.93% CONSULTANTS 0.71% TRANSPORT 1.93% TRANSPORT 0.64% DESIGN 1.66% ELECTRICAL 0.64% CONSULTANTS 1.64% DEVELOPMENTS 0.64% ELECTRICAL 1.62% DESIGN 0.61% PROPERTIES 1.62% BUSINESS 0.57% BUSINESS 1.56% NW 0.57% J 1.54% J 0.53% CO., 1.50% (PRESTON) 0.53% GLOBAL 1.49% PROPERTIES 0.50% INVESTMENTS 1.48% CLEANING 0.46% ASSOCIATES 1.47% DIRECT 0.46% DEVELOPMENTS 1.35% SECURITY 0.46% MEDIA 1.33% LEISURE 0.43% IT 1.31% S 0.43% BUILDING 1.29% TRADING 0.43% M 1.22%
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 824 265,608 99999 - Dormant Company 194 48,509 82990 - Other business support service activities not elsewhere classified 166 58,068 96090 - Other service activities not elsewhere classified 144 29,009 70229 - Management consultancy activities other than financial management 114 42,290 62020 - Information technology consultancy activities 72 30,178 43999 - Other specialised construction activities not elsewhere classified 58 8,761 47910 - Retail sale via mail order houses or via Internet 44 10,107 74909 - Other professional, scientific and technical activities not elsewhere classified 43 19,049 62090 - Other information technology service activities 41 12,837 68209 - Other letting and operating of own or leased real estate 39 11,212 56103 - Take-away food shops and mobile food stands 37 8,318 56302 - Public houses and bars 36 6,285 86900 - Other human health activities 35 12,976 41100 - Development of building projects 34 11,397 43210 - Electrical installation 33 5,985 49410 - Freight transport by road 31 10,842 62012 - Business and domestic software development 31 9,752 86210 - General medical practice activities 30 4,591 96020 - Hairdressing and other beauty treatment 29 6,742
Recent Companies
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Randomly selected companies from this quarter
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