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
    08926618 NY CONSULTING LTD 06 Mar 2014
    08942037 ROCH ACCOUNTANTS LIMITED 17 Mar 2014
    08955250 IQI CONSULTING LTD 24 Mar 2014
    08961757 JONATHAN JAMES LETTINGS & PROPERTY MANAGEMENT LIMITED 27 Mar 2014
    08920527 BLACKBIRD IT SOLUTIONS LIMITED 03 Mar 2014
    08925986 VORSTA WEB SOLUTIONS LIMITED 06 Mar 2014
    08926377 JWD ACCOUNTANCY LIMITED 06 Mar 2014
    08926983 ABBEYTHORN ESTATES LTD 06 Mar 2014
    08936297 HI TOP CLOTHING LIMITED 12 Mar 2014
    08939736 OAKLEAF GRANITE LIMITED 14 Mar 2014
    08941569 AVENTADOR INVESTMENTS LTD 17 Mar 2014
    08952442 SPOTLAND SUPERMARKET LIMITED 21 Mar 2014
    08953225 PHIL WILLIAMS PHYSIO LTD 21 Mar 2014
    08955611 SAMTUL LTD 24 Mar 2014
    08965441 TE ROCHDALE LIMITED 28 Mar 2014
    08965483 HAMER COTTAGE LIMITED 28 Mar 2014
    08925215 M & M DWELLINGS LTD 06 Mar 2014
    08925935 IL VECCHIO (HEYWOOD) LIMITED 06 Mar 2014
    08926682 COKROACH TRADING LTD 06 Mar 2014
    08930585 NETBALL NATION LTD 10 Mar 2014
    08932958 ELIZABETH GRACE FURNISHINGS LIMITED 11 Mar 2014
    08935902 GATUN CLEANING LTD 12 Mar 2014
    08937812 STAR DYNAMICS LIMITED 13 Mar 2014
    08945460 A V BODIES LIMITED 18 Mar 2014
    08966465 BLUE STORM (UK) LTD 28 Mar 2014