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
New Company Registrations
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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) Salford UK 2010 166 101,492 2009 128 94,671 % change 29.7% 7.2% Record Year 2010 (166) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 51 64 51 New companies in 2009 44 39 45 % change 15.9% 64.1% 13.3% Record Year 2007 (57) 2010 (64) 2004 (63)
Closed Companies (dissolved)
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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) Salford UK 2010 120 87,705 2009 170 159,401 % change -29.4% -45.0% Record Year 2009 (170) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Dissolved Companies by Month
July August September Closed companies in 2010 39 46 35 Closed companies in 2009 30 52 88 % change 30.0% -11.5% -60% Record Year 1997 (58) 2008 (67) 2009 (88)
Net Company Growth
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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) Salford UK 2010 46 13,787 2009 -42 -64,730 Record Year 1996 (80) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 12 18 16 Net growth in 2009 14 -13 -43 Record Year 2008 (41) 1996 (24) 2004 (55)
UK Company Share
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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 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.2% 2006 0.1% Record Year (since 1960) 1962 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.2% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change 7.8% 48.9% 8.7% Record Year 1960 (0.4%) 1968 (0.5%) 1962 (0.9%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ESTATES 1.20% MANAGEMENT 5.06% MANAGEMENT 1.20% CONSULTING 4.99% TRADING 1.10% CONSULTANCY 3.12% SOLAR 1.10% PROPERTY 2.38% R 1.00% TRADING 2.04% GLOBAL 1.00% ASSOCIATES 2.01% (NO. 1.00% DESIGN 1.93% DISCOVERY 0.90% CONSTRUCTION 1.86% INVESTMENTS 0.90% BUSINESS 1.80% CONSTRUCTION 0.80% MEDIA 1.75% MANCHESTER 0.80% CONSULTANTS 1.73% ENGINEERING 0.70% LONDON 1.59% DESIGN 0.70% ENGINEERING 1.59% BUSINESS 0.60% INVESTMENTS 1.49% MEDIA 0.60% CARE 1.44% SYSTEMS 0.60% J 1.44% PROPERTY 0.60% INTERNATIONAL 1.43% BUILDING 0.60% GLOBAL 1.42% MAINTENANCE 0.50% IT 1.35% ENERGY 0.50% PROPERTIES 1.35% NORTH 0.50% BUILDING 1.32% SECURITY 0.50% ELECTRICAL 1.30% PROPERTIES 0.50% M 1.28% TRAINING 0.50% SYSTEMS 1.26% GROUP 0.50% S 1.24%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 371 202,902 7487 - Other business activities 80 69,802 99999 - Dormant Company 53 14,072 7499 - Non-trading company 28 13,408 9999 - Dormant Company 25 21,484 96090 - Other service activities not elsewhere classified 25 7,767 74990 - Non-trading company 22 7,649 7020 - Letting of own property 17 1,639 9305 - Other service activities 13 9,454 7260 - Other computer related activities 12 8,967 82990 - Other business support service activities not elsewhere classified 11 25,053 7032 - Manage real estate, fee or contract 11 2,472 7450 - Labour recruitment 10 2,972 70229 - Management consultancy activities other than financial management 10 13,161 5248 - Other retail specialised stores 9 2,205 86900 - Other human health activities 9 3,361 68209 - Other letting and operating of own or leased real estate 8 3,631 7414 - Business & management consultancy 8 14,940 7011 - Development & sell real estate 7 3,743 4545 - Other building completion 7 2,970
Recent Companies
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Randomly selected companies from this quarter
reports
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