Salford, Greater Manchester

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Salford when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Salford when compared to any previous Q4.
  • October 2010 saw a new record in company registrations in Salford when compared to any previous October.
  • November 2010 saw a new record in company closures in Salford when compared to any previous November.

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 (2010)

    A total of 619 companies were formed in Salford in 2010. This total is 19.7% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearSalfordUK
    2010619400,358
    2009517362,675
    2008545349,203
    2007645457,649
    2006532405,440
    Record Year2007 (645)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Salford when compared to any previous second half year.

    In the second half of 2010 a total of 314 companies were formed in Salford. This figure is 20.8% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Salford occurred in 2010 when a total of 314 were formed.

    Half Year (Jul-Dec)SalfordUK
    2010314196,609
    2009260180,654
    % change20.8%8.8%
    Record Year2010 (314)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Salford when compared to any previous Q4.

    A total of 148 companies were registered in Salford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 12.1% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)SalfordUK
    201014895,117
    200913285,983
    % change12.1%10.6%
    Record Year 2010 (148) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010595237
    New companies in 2009485133
    % change22.9%2.0%12.1%
    Record Year2010 (59)2005 (63)2008 (53)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 448 companies were dissolved in Salford in 2010. This total is 30.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearSalfordUK
    2010448342,232
    2009644533,773
    2008301237,901
    2007342220,295
    2006323200,166
    Record Year2009 (644)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 211 companies were dissolved in Salford. This figure is 20.1% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Salford occurred in 2009 when a total of 264 were closed.

    Half Year (Jul-Dec)SalfordUK
    2010211164,601
    2009264244,537
    % change-20.1%-32.7%
    Record Year2009 (264)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 91 companies were dissolved in Salford during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 3.2% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)SalfordUK
    20109176,896
    20099485,136
    % change-3.2%-9.7%
    Record Year 1998 (98) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Salford when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010304219
    Closed companies in 2009343327
    % change-11.8%27.3%-30%
    Record Year2006 (49)2010 (42)1998 (49)

Net Company Growth

  1. Annual Data (2010)

    A total of 171 companies were added to the company register for Salford in 2010. This number represents growth of 33.1% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 298 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 1996 when the Salford company register grew by 333 companies.

    YearSalfordUK
    201017158,126
    2009-127-171,098
    2008244111,302
    2007303237,354
    2006209205,274
    Record Year1996 (333)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Salford increased by 103 companies.

    Half Year (Jul-Dec)SalfordUK
    201010332,008
    2009-4-63,883
    Record Year1996 (194)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Salford during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 57 companies.

    fourth quarter (Oct 2010 - Dec 2010)SalfordUK
    20105718,221
    200938847
    Record Year 1996 (114) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010291018
    Net growth in 200914186
    Record Year1996 (49)1996 (37)1996 (28)

UK Company Share

  1. Annual Data (2010)

    In 2010 Salford formed 0.2% of all UK companies. This is an improvement on 2009 when Salford was responsible for 0.1% of all UK companies.

    YearSalford
    20100.2%
    20090.1%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960)1996 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Salford formed 0.2% of all UK companies. This is more than the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Salford
    20100.2%
    20090.1%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Salford
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.1%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.2%0.2%0.1%
    % change7.7%-8.9%6.7%
    Record Year1965 (0.4%)1965 (0.4%)1980 (0.4%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 40.8.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 40.8.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Salford was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Salford in 2010 was 20.7%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Salford was 1860 when 42.9% of all directors were female.

    19.9% of all director appointments in Salford in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Salford was in 1977 when 31.1% of all directors were female.

    21.1% of all director appointments in Salford in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ESTATES1.36%CONSULTING5.06%
    (NO.1.17%MANAGEMENT5.01%
    TRADING1.17%CONSULTANCY3.14%
    R1.07%PROPERTY2.36%
    PROPERTY0.97%TRADING2.11%
    MANAGEMENT0.97%ASSOCIATES1.95%
    SOLAR0.97%DESIGN1.92%
    GLOBAL0.87%BUSINESS1.82%
    DISCOVERY0.87%CONSTRUCTION1.82%
    BUSINESS0.78%CONSULTANTS1.76%
    BUILDING0.68%MEDIA1.71%
    CONSTRUCTION0.68%ENGINEERING1.62%
    MANCHESTER0.68%LONDON1.60%
    MARKETING0.58%CARE1.45%
    ENGINEERING0.58%INVESTMENTS1.44%
    ENTERPRISES0.58%GLOBAL1.43%
    SYSTEMS0.58%J1.42%
    PROPERTIES0.49%IT1.41%
    INVESTMENTS0.49%PROPERTIES1.34%
    ENTERPRISE0.49%INTERNATIONAL1.34%
    SECURITY0.49%BUILDING1.34%
    J0.49%M1.30%
    DESIGN0.49%ELECTRICAL1.25%
    MAINTENANCE0.49%SYSTEMS1.24%
    VENTURES0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied353199,572
    7487 - Other business activities8263,348
    99999 - Dormant Company5316,285
    96090 - Other service activities not elsewhere classified278,799
    9999 - Dormant Company2520,144
    7499 - Non-trading company2312,000
    74990 - Non-trading company208,243
    7020 - Letting of own property141,427
    82990 - Other business support service activities not elsewhere classified1427,550
    9305 - Other service activities138,858
    70229 - Management consultancy activities other than financial management1114,505
    68320 - Management of real estate on a fee or contract basis103,097
    7260 - Other computer related activities108,089
    5248 - Other retail specialised stores92,016
    68209 - Other letting and operating of own or leased real estate93,755
    7450 - Labour recruitment92,783
    7032 - Manage real estate, fee or contract92,235
    4545 - Other building completion82,598
    74909 - Other professional, scientific and technical activities not elsewhere classified87,088
    86900 - Other human health activities73,700

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07479074 PENNINGTON ENT LIMITED 29 Dec 2010
    07463126 YUN SOFTWARE LIMITED 07 Dec 2010
    07480359 KHUKHUZ FASHION LTD 31 Dec 2010
    07479318 TERIYAKI DONUT LTD 29 Dec 2010
    07477790 VISNA TC LIMITED 23 Dec 2010
    07475439 NYASHA LIMITED 21 Dec 2010
    07470466 N & J SNACKS LIMITED 15 Dec 2010
    07460809 CREATIVEHAIREXTENSIONS LTD 06 Dec 2010
    07479683 SPIRT LTD 30 Dec 2010
    07479222 LIKE-EAGLE SERVICES LIMITED 29 Dec 2010
    07477285 EAT, DRINK, RELAX & ENJOY LTD 23 Dec 2010
    07477264 THE INN FRANCHISE LTD 23 Dec 2010
    07477171 NICE PEOPLE NICE PLACE LTD 23 Dec 2010
    07476024 S B BURY LTD 22 Dec 2010
    07472891 TALMUD TORAH NOMINEES 17 Dec 2010
    07469831 11 NORTHUMBERLAND LIMITED 14 Dec 2010
    07469240 J QUINN LIMITED 14 Dec 2010
    07464308 WEST MEADOWS PROPERTY LIMITED 08 Dec 2010
    07462616 TOSE ENTERPRISES LTD 07 Dec 2010
    07460055 RINGER ENTERPRISES LTD 03 Dec 2010
    07460031 SUNSHINE ENTERTAINERS LTD 03 Dec 2010
    07458453 GOLDMAN PROPERTY FINANCE LIMITED 02 Dec 2010
    07457480 GOLDMAN ENTERPRISES LIMITED 01 Dec 2010
    07456326 24 SECURE LTD 01 Dec 2010
    07476648 SPACE FX MARKETING LIMITED 22 Dec 2010