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

  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. 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.

    YearPrestonUK
    20141,941582,051
    20131,814529,363
    20121,713491,893
    20111,589452,870
    20101,456400,358
    Record Year2014 (1,941)2014 (582,051)
    New Companies by Year
  2. 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)PrestonUK
    2014954281,320
    2013863259,931
    % change10.5%8.2%
    Record Year2014 (954)2014 (281,320)
    New Companies by Half Year
  3. 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)PrestonUK
    2014479137,906
    2013428127,247
    % change11.9%8.4%
    Record Year 2014 (479) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014193158128
    New companies in 2013179147102
    % change7.8%7.5%25.5%
    Record Year2014 (193)2014 (158)2014 (128)

Closed Companies (dissolved)

  1. 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.

    YearPrestonUK
    20141,338367,937
    20131,220332,213
    20121,097293,729
    20111,149314,524
    20101,324342,233
    Record Year2009 (1,566)2009 (533,789)
    Dissolved Companies by Year
  2. 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)PrestonUK
    2014683190,730
    2013670177,021
    % change1.9%7.7%
    Record Year2009 (817)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)PrestonUK
    201428489,060
    201330790,851
    % change-7.5%-2.0%
    Record Year 2009 (390) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20148092112
    Closed companies in 201312481102
    % change-35.5%13.6%10%
    Record Year2013 (124)2009 (138)2009 (144)

Net Company Growth

  1. 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.

    YearPrestonUK
    2014603214,114
    2013594197,150
    2012616198,164
    2011440138,346
    201013258,125
    Record Year2006 (690)2007 (237,353)
    Net Growth by Year
  2. 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)PrestonUK
    201427190,590
    201319382,910
    Record Year2003 (618)2003 (117,772)
    Net Growth by Half Year
  3. 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)PrestonUK
    201419548,846
    201312136,396
    Record Year 2014 (195) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141136616
    Net growth in 201355660
    Record Year2003 (141)2003 (96)2003 (64)

UK Company Share

  1. 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.

    YearPreston
    20140.3%
    20130.3%
    20120.3%
    20110.4%
    20100.4%
    Record Year (since 1960)2002 (0.5%)
    Company Share by Year
  2. 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
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 2002 (0.5%)
    Company Share by Half Year
  3. 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
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 2002 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.3%0.3%
    UK formation share in 20130.4%0.3%0.3%
    % change2.6%2.1%7.4%
    Record Year1966 (1.0%)2002 (0.5%)1990 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.35%CONSULTING5.22%
    (NW)1.25%MANAGEMENT4.58%
    PRESTON1.21%CONSULTANCY3.57%
    CONSULTANCY1.11%PROPERTY2.66%
    CONSULTING0.96%CONSTRUCTION2.12%
    ENGINEERING0.96%ENGINEERING2.10%
    PROPERTY0.96%CARE2.02%
    CARE0.93%TRADING1.94%
    CONSTRUCTION0.71%LONDON1.93%
    CONSULTANTS0.71%TRANSPORT1.93%
    TRANSPORT0.64%DESIGN1.66%
    ELECTRICAL0.64%CONSULTANTS1.64%
    DEVELOPMENTS0.64%ELECTRICAL1.62%
    DESIGN0.61%PROPERTIES1.62%
    BUSINESS0.57%BUSINESS1.56%
    NW0.57%J1.54%
    J0.53%CO.,1.50%
    (PRESTON)0.53%GLOBAL1.49%
    PROPERTIES0.50%INVESTMENTS1.48%
    CLEANING0.46%ASSOCIATES1.47%
    DIRECT0.46%DEVELOPMENTS1.35%
    SECURITY0.46%MEDIA1.33%
    LEISURE0.43%IT1.31%
    S0.43%BUILDING1.29%
    TRADING0.43%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied824265,608
    99999 - Dormant Company19448,509
    82990 - Other business support service activities not elsewhere classified16658,068
    96090 - Other service activities not elsewhere classified14429,009
    70229 - Management consultancy activities other than financial management11442,290
    62020 - Information technology consultancy activities7230,178
    43999 - Other specialised construction activities not elsewhere classified588,761
    47910 - Retail sale via mail order houses or via Internet4410,107
    74909 - Other professional, scientific and technical activities not elsewhere classified4319,049
    62090 - Other information technology service activities4112,837
    68209 - Other letting and operating of own or leased real estate3911,212
    56103 - Take-away food shops and mobile food stands378,318
    56302 - Public houses and bars366,285
    86900 - Other human health activities3512,976
    41100 - Development of building projects3411,397
    43210 - Electrical installation335,985
    49410 - Freight transport by road3110,842
    62012 - Business and domestic software development319,752
    86210 - General medical practice activities304,591
    96020 - Hairdressing and other beauty treatment296,742

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09334038 J.MC UTILITIES SERVICES LTD 01 Dec 2014
    09335159 PR LETTINGS & MANAGEMENT LTD 01 Dec 2014
    09341493 ELHEF LIMITED 04 Dec 2014
    09348662 HQD PRESTON LTD 10 Dec 2014
    09351017 EMBERS FIRES UK LIMITED 11 Dec 2014
    09357498 FIDELITY HEALTHCARE TECHNOLOGIES LIMITED 16 Dec 2014
    09358348 BACOWKA LTD 17 Dec 2014
    09359061 SA&PH LTD 17 Dec 2014
    09359503 HOME LIFEGRP LIMITED 17 Dec 2014
    09361316 FISHTAIL INN LIMITED 18 Dec 2014
    09368109 SAFETY CONCERNS UK LTD 29 Dec 2014
    09369728 O'BRIENS TEA ROOMS LTD 30 Dec 2014
    09333555 GREEN PROPERTIES (ILFORD) LIMITED 01 Dec 2014
    09335980 HOGSHEAD PROMOTIONS LIMITED 02 Dec 2014
    09340155 EDEN GROVE INVESTMENT PROPERTIES LTD 03 Dec 2014
    09344455 INTERVENTION CONSULTANCY LTD 08 Dec 2014
    09350255 HBX2 LIMITED 11 Dec 2014
    09363113 BRITANNIA CORPORATE SECURITY LTD 19 Dec 2014
    09353541 TRIDENT JOINERY PRESTON LIMITED 12 Dec 2014
    09359318 WOLF AND APPLE LTD 17 Dec 2014
    09361530 LONGRIDGE VEHICLE SOLUTIONS LTD 18 Dec 2014
    09368418 MOTO RALLY SERVICES LIMITED 29 Dec 2014
    09370288 EXP PRO LIMITED 31 Dec 2014
    09335994 SERVICE AID LIMITED 02 Dec 2014
    09339311 ALDEN CONSTRUCTION SERVICES LTD 03 Dec 2014