Rochdale, Greater Manchester

Q1 2014 Business Confidence Report

Headlines

  • March 2014 saw a new record in company registrations in Rochdale when compared to any previous March.
  • January 2014 saw a new record in company registrations in Rochdale when compared to any previous January.
  • February 2014 saw a new record in company closures in Rochdale when compared to any previous February.

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 2014)

    A total of 186 companies were registered in Rochdale during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.9% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)RochdaleUK
    2014186150,722
    2013174134,802
    % change6.9%11.8%
    Record Year 2012 (190) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Rochdale when compared to any previous March.

    January 2014 saw a new record in company registrations in Rochdale when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014635469
    New companies in 2013616746
    % change3.3%-19.4%50.0%
    Record Year2014 (63)2012 (77)2014 (69)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 130 companies were dissolved in Rochdale during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 49.4% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)RochdaleUK
    201413082,370
    20138777,914
    % change49.4%5.7%
    Record Year 2011 (132) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Rochdale when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014374845
    Closed companies in 2013392424
    % change-5.1%100.0%88%
    Record Year2011 (55)2014 (48)2009 (72)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Rochdale during the first quarter of 2014 (Jan 2014 - Mar 2014) was 56 companies.

    first quarter (Jan 2014 - Mar 2014)RochdaleUK
    20145668,352
    20138756,888
    Record Year 2012 (114) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201426624
    Net growth in 2013224322
    Record Year2012 (33)2012 (49)2006 (50)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Rochdale formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Rochdale
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.2%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.2%0.1%
    % change-3.4%-25.6%25.2%
    Record Year2000 (0.2%)1991 (0.2%)1988 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 41.9.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Rochdale was in 2008 when 32.4% of all directors were female.

    26.6% of all director appointments in Rochdale in the first quarter of 2014 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 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    ROCHDALE1.80%CONSULTING5.22%
    CARE0.90%MANAGEMENT4.67%
    MANAGEMENT0.90%CONSULTANCY3.49%
    M0.81%PROPERTY2.64%
    CONSULTING0.81%TRADING2.05%
    TRADING0.72%LONDON1.88%
    (NW)0.72%ENGINEERING1.86%
    ELECTRICAL0.63%CARE1.79%
    PROPERTIES0.63%CONSTRUCTION1.75%
    PROPERTY0.63%DESIGN1.75%
    J0.63%CONSULTANTS1.73%
    CONSULTANTS0.63%BUSINESS1.71%
    MANCHESTER0.54%PROPERTIES1.60%
    HOME0.54%INVESTMENTS1.60%
    CENTRE0.54%GLOBAL1.58%
    MEDICAL0.54%J1.48%
    CONSULTANCY0.54%ASSOCIATES1.48%
    K0.54%MEDIA1.48%
    STORE0.54%IT1.33%
    GREEN0.54%TRANSPORT1.30%
    D0.45%DEVELOPMENTS1.29%
    S0.45%BUILDING1.24%
    MAINTENANCE0.45%M1.21%
    CONSTRUCTION0.45%CAPITAL1.20%
    BUILDING0.45%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied476280,210
    82990 - Other business support service activities not elsewhere classified14856,411
    99999 - Dormant Company4847,084
    96090 - Other service activities not elsewhere classified4126,700
    70229 - Management consultancy activities other than financial management2737,882
    62020 - Information technology consultancy activities2327,750
    86900 - Other human health activities2010,273
    74909 - Other professional, scientific and technical activities not elsewhere classified1818,491
    62090 - Other information technology service activities1712,813
    47910 - Retail sale via mail order houses or via Internet179,358
    86210 - General medical practice activities153,987
    68209 - Other letting and operating of own or leased real estate139,284
    56103 - Take-away food shops and mobile food stands137,300
    43999 - Other specialised construction activities not elsewhere classified138,155
    47190 - Other retail sale in non-specialised stores123,558
    41100 - Development of building projects119,855
    56302 - Public houses and bars105,732
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating93,708
    46900 - Non-specialised wholesale trade93,103
    56290 - Other food services93,980

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08877422 PROGRESS MEDICAL CLINIC LTD 05 Feb 2014
    08899823 GYM KITCHEN LTD 18 Feb 2014
    08905507 STARTING FRESH LTD 20 Feb 2014
    08905932 MAGNUM OPUS REPAIRS LTD 21 Feb 2014
    08912429 AARIEN TRADING LTD 26 Feb 2014
    08914283 THE STRAND SUPERMARKET LIMITED 27 Feb 2014
    08873683 A5 CARS TAMWORTH LTD 03 Feb 2014
    08883276 SCORPIO WEB DESIGN LTD 10 Feb 2014
    08888455 PHOSPHAR LIMITED 12 Feb 2014
    08893430 WOODFORD PIPELINE SUPPLY LTD 13 Feb 2014
    08897232 PMUSHONGA SOCIAL CARE LTD LIMITED 17 Feb 2014
    08901097 FIREFIGHTER FITNESS LTD 18 Feb 2014
    08903091 MW CORP LIMITED 19 Feb 2014
    08908133 DB PARAPLANNING LIMITED 24 Feb 2014
    08909621 LAL MINAZ LTD 25 Feb 2014
    08914518 AESTHETICK LIMITED 27 Feb 2014
    08872985 SJF SOLUTIONS LTD 03 Feb 2014
    08875794 GLAM WEDDING LTD 04 Feb 2014
    08883942 ZAIZA LIMITED 10 Feb 2014
    08886097 BJB ACCOUNTANCY & ENTERPRISES LTD 11 Feb 2014
    08901083 GO LOCAL RC LTD 18 Feb 2014
    08902844 MEHDI'S LIMITED 19 Feb 2014
    08902919 LIKAHEA HOLDINGS LIMITED 19 Feb 2014
    08914282 VT WORLDWIDE LIMITED 27 Feb 2014
    08914713 GREEN DEAL INNOVATION LIMITED 27 Feb 2014