Rochdale, Greater Manchester

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Rochdale when compared to any year in history.
  • December 2014 saw a new record in company closures in Rochdale when compared to any previous December.

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 Rochdale when compared to any year in history.

    A total of 749 companies were formed in Rochdale in 2014. This total is 15.8% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearRochdaleUK
    2014749582,051
    2013647529,363
    2012663491,893
    2011660452,870
    2010524400,358
    Record Year2014 (749)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 385 companies were formed in Rochdale. This figure is 28.3% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Rochdale occurred in 2011 when a total of 387 were formed.

    Half Year (Jul-Dec)RochdaleUK
    2014385281,320
    2013300259,931
    % change28.3%8.2%
    Record Year2011 (387)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 184 companies were registered in Rochdale during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 37.3% versus the same period last year (Q4 2013). This figure compares well 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)RochdaleUK
    2014184137,906
    2013134127,247
    % change37.3%8.4%
    Record Year 2011 (227) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014506668
    New companies in 2013455138
    % change11.1%29.4%78.9%
    Record Year2012 (70)2011 (91)2011 (82)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 574 companies were dissolved in Rochdale in 2014. This total is 22.1% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearRochdaleUK
    2014574367,937
    2013470332,213
    2012404293,729
    2011420314,524
    2010442342,233
    Record Year2009 (602)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 294 companies were dissolved in Rochdale. This figure is 0.0% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Rochdale occurred in 2013 when a total of 294 were closed.

    Half Year (Jul-Dec)RochdaleUK
    2014294190,730
    2013294177,021
    % change0.0%7.7%
    Record Year2013 (294)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 125 companies were dissolved in Rochdale during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 16.7% 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)RochdaleUK
    201412589,060
    201315090,851
    % change-16.7%-2.0%
    Record Year 2013 (150) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014353753
    Closed companies in 2013645234
    % change-45.3%-28.8%56%
    Record Year2013 (64)2013 (52)2014 (53)

Net Company Growth

  1. Annual Data (2014)

    A total of 175 companies were added to the company register for Rochdale in 2014. This number represents growth of 23.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 2 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the Rochdale company register grew by 263 companies.

    YearRochdaleUK
    2014175214,114
    2013177197,150
    2012259198,164
    2011240138,346
    20108258,125
    Record Year2006 (263)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Rochdale increased by 91 companies.

    Half Year (Jul-Dec)RochdaleUK
    20149190,590
    2013682,910
    Record Year2011 (179)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Rochdale during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 59 companies.

    fourth quarter (Oct 2014 - Dec 2014)RochdaleUK
    20145948,846
    2013-1636,396
    Record Year 2011 (125) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014152915
    Net growth in 2013-19-14
    Record Year2008 (40)2011 (48)2011 (51)

UK Company Share

  1. Annual Data (2014)

    In 2014 Rochdale formed 0.1% of all UK companies. This is no change on 2013 when Rochdale was responsible for 0.1% of all UK companies.

    YearRochdale
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2008 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Rochdale formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Rochdale
    20140.1%
    20130.1%
    20120.1%
    20110.2%
    20100.1%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Rochdale
    20140.1%
    20130.1%
    20120.1%
    20110.2%
    20100.1%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.2%
    UK formation share in 20130.1%0.1%0.1%
    % change5.7%22.9%53.1%
    Record Year2009 (0.2%)2011 (0.2%)2011 (0.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 41.0.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 7.6% 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 40.2.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 8.8% 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 39.8.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 9.8% 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 Rochdale was 1979 when 50.0% of all directors were female.

    The percentage of female directors in Rochdale in 2014 was 24.8%. 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 Rochdale was 2013 when 27.9% of all directors were female.

    24.3% of all director appointments in Rochdale 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 Rochdale was in 2013 when 29.0% of all directors were female.

    25.8% of all director appointments in Rochdale 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
    ROCHDALE1.84%CONSULTING5.22%
    MANAGEMENT1.20%MANAGEMENT4.58%
    CONSULTING0.72%CONSULTANCY3.57%
    M0.72%PROPERTY2.66%
    CAR0.72%CONSTRUCTION2.12%
    PROPERTY0.64%ENGINEERING2.10%
    CARS0.64%CARE2.02%
    (NW)0.64%TRADING1.94%
    CONSULTANTS0.64%LONDON1.93%
    CONSULTANCY0.56%TRANSPORT1.93%
    ASSOCIATES0.56%DESIGN1.66%
    TRADING0.56%CONSULTANTS1.64%
    ACADEMY0.56%ELECTRICAL1.62%
    CARE0.48%PROPERTIES1.62%
    MEDICAL0.48%BUSINESS1.56%
    BUSINESS0.48%J1.54%
    DESIGN0.48%CO.,1.50%
    ACCOUNTANCY0.48%GLOBAL1.49%
    TRANSPORT0.48%INVESTMENTS1.48%
    GLOBAL0.40%ASSOCIATES1.47%
    ESTATES0.40%DEVELOPMENTS1.35%
    B0.40%MEDIA1.33%
    MARKETING0.40%IT1.31%
    COMMUNITY0.40%BUILDING1.29%
    HEALTHCARE0.40%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied410265,608
    82990 - Other business support service activities not elsewhere classified14658,068
    96090 - Other service activities not elsewhere classified3929,009
    99999 - Dormant Company3548,509
    70229 - Management consultancy activities other than financial management3242,290
    86900 - Other human health activities2212,976
    62020 - Information technology consultancy activities2130,178
    47910 - Retail sale via mail order houses or via Internet1810,107
    56103 - Take-away food shops and mobile food stands178,318
    46900 - Non-specialised wholesale trade173,333
    74909 - Other professional, scientific and technical activities not elsewhere classified1619,049
    49410 - Freight transport by road1610,842
    86210 - General medical practice activities154,591
    68209 - Other letting and operating of own or leased real estate1411,212
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating144,167
    56302 - Public houses and bars126,285
    56290 - Other food services114,616
    41100 - Development of building projects1111,397
    71129 - Other engineering activities116,132
    43999 - Other specialised construction activities not elsewhere classified118,761

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09293433 BAMFORD CHILDREN FIRST LTD 04 Nov 2014
    09298829 SAVING HEARTS LIMITED 06 Nov 2014
    09298832 MUDD RACING LIMITED 06 Nov 2014
    09301368 BEINGWELL ROCHDALE C.I.C. 07 Nov 2014
    09307464 OPTRA SALES AND SERVICES LIMITED 12 Nov 2014
    09317161 FULL CONTACT MEDIA LIMITED 18 Nov 2014
    09322197 MMR PHARMA LTD 21 Nov 2014
    09326694 HTPHARM LTD 25 Nov 2014
    09308800 DAZ'S GROUNDWORK SERVICES LIMITED 13 Nov 2014
    09311852 SOLUTION SEEKERS LIMITED 14 Nov 2014
    09317969 VIP-VIRANT UK LIMITED 19 Nov 2014
    09291835 ROCHDALE TINTS LTD 03 Nov 2014
    09292612 BIRCH MANAGEMENT CONSULTANTS LTD 03 Nov 2014
    09294824 THE BEAUTY SALOON LIMITED 04 Nov 2014
    09295459 MSAGYA LTD 04 Nov 2014
    09296401 CROMWELL ROAD (PO) LIMITED 05 Nov 2014
    09296511 LAKESIDE HOSPITAL HOLDINGS LIMITED 05 Nov 2014
    09299033 BESPOKEBUILD LTD 06 Nov 2014
    09302528 LAKESIDE MANCHESTER HOSPITAL LIMITED 10 Nov 2014
    09303903 CR2 CONTRACTORS LIMITED 10 Nov 2014
    09308848 SAMAILA B LIMITED 13 Nov 2014
    09310090 COLNE100 LIMITED 13 Nov 2014
    09310376 COLNE102 LIMITED 13 Nov 2014
    09321805 HIGHEND SPICE LTD 21 Nov 2014
    09327046 SPREAD EAGLE BAR MANAGEMENT LIMITED 25 Nov 2014