Salford, Greater Manchester

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Salford when compared to any previous Q3.
  • August 2010 saw a new record in company registrations in Salford when compared to any previous August.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Salford when compared to any previous Q3.

    A total of 166 companies were registered in Salford during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 29.7% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)SalfordUK
    2010166101,492
    200912894,671
    % change29.7%7.2%
    Record Year 2010 (166) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    August 2010 saw a new record in company registrations in Salford when compared to any previous August.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010516451
    New companies in 2009443945
    % change15.9%64.1%13.3%
    Record Year2007 (57)2010 (64)2004 (63)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 120 companies were dissolved in Salford during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 29.4% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)SalfordUK
    201012087,705
    2009170159,401
    % change-29.4%-45.0%
    Record Year 2009 (170) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010394635
    Closed companies in 2009305288
    % change30.0%-11.5%-60%
    Record Year1997 (58)2008 (67)2009 (88)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Salford during the third quarter of 2010 (Jul 2010 - Sep 2010) was 46 companies.

    third quarter (Jul 2010 - Sep 2010)SalfordUK
    20104613,787
    2009-42-64,730
    Record Year 1996 (80) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010121816
    Net growth in 200914-13-43
    Record Year2008 (41)1996 (24)2004 (55)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Salford formed 0.2% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Salford
    20100.2%
    20090.1%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960) 1962 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change7.8%48.9%8.7%
    Record Year1960 (0.4%)1968 (0.5%)1962 (0.9%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 40.8.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Salford was in 1862 when 50.0% of all directors were female.

    18.8% of all director appointments in Salford in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2009-Sep 2010)

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

    wordpercentageuk worduk percentage
    ESTATES1.20%MANAGEMENT5.06%
    MANAGEMENT1.20%CONSULTING4.99%
    TRADING1.10%CONSULTANCY3.12%
    SOLAR1.10%PROPERTY2.38%
    R1.00%TRADING2.04%
    GLOBAL1.00%ASSOCIATES2.01%
    (NO.1.00%DESIGN1.93%
    DISCOVERY0.90%CONSTRUCTION1.86%
    INVESTMENTS0.90%BUSINESS1.80%
    CONSTRUCTION0.80%MEDIA1.75%
    MANCHESTER0.80%CONSULTANTS1.73%
    ENGINEERING0.70%LONDON1.59%
    DESIGN0.70%ENGINEERING1.59%
    BUSINESS0.60%INVESTMENTS1.49%
    MEDIA0.60%CARE1.44%
    SYSTEMS0.60%J1.44%
    PROPERTY0.60%INTERNATIONAL1.43%
    BUILDING0.60%GLOBAL1.42%
    MAINTENANCE0.50%IT1.35%
    ENERGY0.50%PROPERTIES1.35%
    NORTH0.50%BUILDING1.32%
    SECURITY0.50%ELECTRICAL1.30%
    PROPERTIES0.50%M1.28%
    TRAINING0.50%SYSTEMS1.26%
    GROUP0.50%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied371202,902
    7487 - Other business activities8069,802
    99999 - Dormant Company5314,072
    7499 - Non-trading company2813,408
    9999 - Dormant Company2521,484
    96090 - Other service activities not elsewhere classified257,767
    74990 - Non-trading company227,649
    7020 - Letting of own property171,639
    9305 - Other service activities139,454
    7260 - Other computer related activities128,967
    82990 - Other business support service activities not elsewhere classified1125,053
    7032 - Manage real estate, fee or contract112,472
    7450 - Labour recruitment102,972
    70229 - Management consultancy activities other than financial management1013,161
    5248 - Other retail specialised stores92,205
    86900 - Other human health activities93,361
    68209 - Other letting and operating of own or leased real estate83,631
    7414 - Business & management consultancy814,940
    7011 - Development & sell real estate73,743
    4545 - Other building completion72,970

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07326176 STORE DENTAL CARE LIMITED 26 Jul 2010
    07325419 ASD TRAINING & CONSULTANCY SERVICES LIMITED 26 Jul 2010
    07324176 A.S ENGINEERING SOLUTIONS LIMITED 23 Jul 2010
    07323051 16 - 38 (EVEN NUMBERS) BORDER MILL FOLD (MOSSLEY) RTM COMPANY LIMITED 22 Jul 2010
    07308240 NORFOLK PRODUCTIONS LIMITED 08 Jul 2010
    07303044 KOMFORT EYECARE LIMITED 02 Jul 2010
    07330235 FI COSMETIC LIMITED 29 Jul 2010
    07327151 LENNOX INTERIORS LIMITED 27 Jul 2010
    07324633 BAXTER INC. LIMITED 23 Jul 2010
    07310991 PARKING MANAGEMENT SOLUTIONS UK LTD 12 Jul 2010
    07308935 CONSTRUCTION COMPANY (UK) LTD 08 Jul 2010
    07330601 SIMPLICITY BUSINESS SOLUTIONS LIMITED 29 Jul 2010
    07329195 SAI GEMS & JEWELLERY LTD 28 Jul 2010
    07321296 GLOBAL EURO LIMITED 21 Jul 2010
    07317033 SEBOR LTD 16 Jul 2010
    07315691 AMIGOS WORLDWIDE SPORT CONSULTANT LIMITED 15 Jul 2010
    07314871 DEANERY TRADING LIMITED 14 Jul 2010
    07313345 REMCO INVESTMENTS LTD 13 Jul 2010
    07312820 SOMESOYOU LTD 13 Jul 2010
    07312007 DIVINE KARMA PUBLISHING LTD 12 Jul 2010
    07307032 BINGZA LTD 07 Jul 2010
    07303574 DAWMED LTD 05 Jul 2010
    07303211 MARKWOOD PROPERTIES (NO.2) LIMITED 02 Jul 2010
    07325982 FAST SOURCING SOLUTIONS LTD 26 Jul 2010
    07313194 CENTRIC WEALTH GROUP LIMITED 13 Jul 2010