Preston, Lancashire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Preston when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Preston when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Preston when compared to any previous March.
  • March 2015 was a record month for company registrations in Preston when compared to any month in history.
  • February 2015 saw a new record in company closures in Preston when compared to any previous February.
  • January 2015 saw a new record in net growth in Preston when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Preston when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Preston when compared to any quarter in history.

    A total of 575 companies were registered in Preston during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 13.0% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)PrestonUK
    2015575161,156
    2014509150,722
    % change13.0%6.9%
    Record Year 2015 (575) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Preston when compared to any previous March.

    March 2015 was a record month for company registrations in Preston when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015164183228
    New companies in 2014164151194
    % change0.0%21.2%17.5%
    Record Year2013 (169)2012 (184)2015 (228)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 317 companies were dissolved in Preston during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 6.0% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)PrestonUK
    201531789,523
    201429982,370
    % change6.0%8.7%
    Record Year 2010 (350) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Preston when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201575104138
    Closed companies in 201410195103
    % change-25.7%9.5%34%
    Record Year2011 (121)2015 (104)2009 (201)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Preston during the first quarter of 2015 (Jan 2015 - Mar 2015) was 258 companies.

    first quarter (Jan 2015 - Mar 2015)PrestonUK
    201525871,633
    201421068,352
    Record Year 2015 (258) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Preston when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015897990
    Net growth in 2014635691
    Record Year2003 (89)2003 (108)2003 (142)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Preston formed 0.4% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Preston
    20150.4%
    20140.3%
    20130.3%
    20120.4%
    20110.4%
    Record Year (since 1960) 2003 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.3%0.3%0.4%
    UK formation share in 20140.3%0.3%0.3%
    % change-1.9%11.6%7.1%
    Record Year1974 (0.8%)1931 (1.3%)1997 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.2.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Preston was in 2007 when 32.9% of all directors were female.

    24.2% of all director appointments in Preston in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    (NW)1.24%CONSULTING5.23%
    CONSULTING1.24%MANAGEMENT4.56%
    MANAGEMENT1.14%CONSULTANCY3.62%
    PRESTON1.14%PROPERTY2.72%
    ENGINEERING1.07%CONSTRUCTION2.19%
    CONSULTANCY1.07%CARE2.13%
    PROPERTY0.86%ENGINEERING2.12%
    CARE0.80%LONDON1.91%
    PROPERTIES0.69%TRADING1.88%
    DEVELOPMENTS0.69%TRANSPORT1.82%
    ELECTRICAL0.69%ELECTRICAL1.76%
    CONSULTANTS0.69%DESIGN1.65%
    CONSTRUCTION0.62%PROPERTIES1.63%
    DESIGN0.59%CO.,1.58%
    J0.55%J1.55%
    TRADING0.55%CONSULTANTS1.54%
    M0.52%BUSINESS1.49%
    ENERGY0.52%INVESTMENTS1.49%
    BUSINESS0.52%GLOBAL1.46%
    TRANSPORT0.52%ASSOCIATES1.44%
    INVESTMENTS0.48%DEVELOPMENTS1.36%
    (PRESTON)0.48%BUILDING1.31%
    SECURITY0.45%IT1.30%
    HOLDINGS0.45%MEDIA1.28%
    ENTERPRISES0.45%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied883288,953
    99999 - Dormant Company18449,474
    82990 - Other business support service activities not elsewhere classified16858,522
    96090 - Other service activities not elsewhere classified14429,218
    70229 - Management consultancy activities other than financial management11643,081
    62020 - Information technology consultancy activities7630,825
    43999 - Other specialised construction activities not elsewhere classified659,080
    62090 - Other information technology service activities4312,862
    56103 - Take-away food shops and mobile food stands418,607
    68209 - Other letting and operating of own or leased real estate4111,600
    86900 - Other human health activities3813,990
    74909 - Other professional, scientific and technical activities not elsewhere classified3819,098
    47910 - Retail sale via mail order houses or via Internet3710,200
    56302 - Public houses and bars376,355
    41100 - Development of building projects3611,863
    49410 - Freight transport by road3412,485
    62012 - Business and domestic software development319,651
    86210 - General medical practice activities314,793
    43210 - Electrical installation306,139
    41202 - Construction of domestic buildings297,797

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09372999 MOTOR REPAIR SOLUTIONS LTD 05 Jan 2015
    09373119 MEDIKAL CARE SOLUTIONS LTD 05 Jan 2015
    09375434 RED ROSE BUILDING MAINTENANCE LTD 06 Jan 2015
    09377161 EVOLUTION BUSINESS MARKETING LIMITED 07 Jan 2015
    09377978 BARBER 2 BARBER LTD 07 Jan 2015
    09382022 LMSNETWORK LTD 09 Jan 2015
    09383176 C HAYES SOLUTIONS LIMITED 12 Jan 2015
    09384266 CLIFTON WEMMICK LIMITED 12 Jan 2015
    09384485 MARIO LUIGI LTD 12 Jan 2015
    09387885 SILK PRESTON LTD 14 Jan 2015
    09392367 ELIZABETH MARSHALL LIMITED 16 Jan 2015
    09392421 TAKING STEPS LTD. 16 Jan 2015
    09396207 KEBAB WORLD (NW) LIMITED 20 Jan 2015
    09411900 REDDIGE PROPERTIES LTD 29 Jan 2015
    09413181 YOUNG EINSTEIN TUITION BLACKBURN LTD 29 Jan 2015
    09374721 ULTIMATE TANNING LTD 06 Jan 2015
    09374803 SCORPIO EVENTS LTD 06 Jan 2015
    09377329 ONLINE ANGLING CENTRE LTD 07 Jan 2015
    09391254 LET ELECTRICS LTD 15 Jan 2015
    09391596 GIUSEPPE'S AUTHENTIC ITALIAN CUISINE LTD 15 Jan 2015
    09395199 SHANHAYES COMPANY LIMITED 19 Jan 2015
    09395762 VIVALDI SOFTWARE UK LIMITED 19 Jan 2015
    09396427 MAKHDOOM LAW COMPANY (NW) LIMITED 20 Jan 2015
    09399088 CRMSAM LTD 21 Jan 2015
    09404095 ROSCOE SCAFFOLDING LTD 23 Jan 2015