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
New Company Registrations
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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.
Year Salford UK 2010 619 400,358 2009 517 362,675 2008 545 349,203 2007 645 457,649 2006 532 405,440 Record Year 2007 (645) 2007 (457,649) New Companies by Year
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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) Salford UK 2010 314 196,609 2009 260 180,654 % change 20.8% 8.8% Record Year 2010 (314) 2003 (201,446) New Companies by Half Year
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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) Salford UK 2010 148 95,117 2009 132 85,983 % change 12.1% 10.6% Record Year 2010 (148) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 59 52 37 New companies in 2009 48 51 33 % change 22.9% 2.0% 12.1% Record Year 2010 (59) 2005 (63) 2008 (53)
Closed Companies (dissolved)
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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.
Year Salford UK 2010 448 342,232 2009 644 533,773 2008 301 237,901 2007 342 220,295 2006 323 200,166 Record Year 2009 (644) 2009 (533,773) Dissolved Companies by Year
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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) Salford UK 2010 211 164,601 2009 264 244,537 % change -20.1% -32.7% Record Year 2009 (264) 2009 (244,537) Dissolved Companies by Half Year
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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) Salford UK 2010 91 76,896 2009 94 85,136 % change -3.2% -9.7% Record Year 1998 (98) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 30 42 19 Closed companies in 2009 34 33 27 % change -11.8% 27.3% -30% Record Year 2006 (49) 2010 (42) 1998 (49)
Net Company Growth
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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.
Year Salford UK 2010 171 58,126 2009 -127 -171,098 2008 244 111,302 2007 303 237,354 2006 209 205,274 Record Year 1996 (333) 2003 (242,543) Net Growth by Year
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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) Salford UK 2010 103 32,008 2009 -4 -63,883 Record Year 1996 (194) 2003 (117,772) Net Growth by Half Year
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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) Salford UK 2010 57 18,221 2009 38 847 Record Year 1996 (114) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 29 10 18 Net growth in 2009 14 18 6 Record Year 1996 (49) 1996 (37) 1996 (28)
UK Company Share
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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.
Year Salford 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1996 (0.2%) Company Share by Year
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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 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.2% 2006 0.1% Record Year (since 1960) 1996 (0.3%) Company Share by Half Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.1% Record Year (since 1960) 1996 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.1% UK formation share in 2009 0.2% 0.2% 0.1% % change 7.7% -8.9% 6.7% Record Year 1965 (0.4%) 1965 (0.4%) 1980 (0.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ESTATES 1.36% CONSULTING 5.06% (NO. 1.17% MANAGEMENT 5.01% TRADING 1.17% CONSULTANCY 3.14% R 1.07% PROPERTY 2.36% PROPERTY 0.97% TRADING 2.11% MANAGEMENT 0.97% ASSOCIATES 1.95% SOLAR 0.97% DESIGN 1.92% GLOBAL 0.87% BUSINESS 1.82% DISCOVERY 0.87% CONSTRUCTION 1.82% BUSINESS 0.78% CONSULTANTS 1.76% BUILDING 0.68% MEDIA 1.71% CONSTRUCTION 0.68% ENGINEERING 1.62% MANCHESTER 0.68% LONDON 1.60% MARKETING 0.58% CARE 1.45% ENGINEERING 0.58% INVESTMENTS 1.44% ENTERPRISES 0.58% GLOBAL 1.43% SYSTEMS 0.58% J 1.42% PROPERTIES 0.49% IT 1.41% INVESTMENTS 0.49% PROPERTIES 1.34% ENTERPRISE 0.49% INTERNATIONAL 1.34% SECURITY 0.49% BUILDING 1.34% J 0.49% M 1.30% DESIGN 0.49% ELECTRICAL 1.25% MAINTENANCE 0.49% SYSTEMS 1.24% VENTURES 0.49% S 1.23%
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 353 199,572 7487 - Other business activities 82 63,348 99999 - Dormant Company 53 16,285 96090 - Other service activities not elsewhere classified 27 8,799 9999 - Dormant Company 25 20,144 7499 - Non-trading company 23 12,000 74990 - Non-trading company 20 8,243 7020 - Letting of own property 14 1,427 82990 - Other business support service activities not elsewhere classified 14 27,550 9305 - Other service activities 13 8,858 70229 - Management consultancy activities other than financial management 11 14,505 68320 - Management of real estate on a fee or contract basis 10 3,097 7260 - Other computer related activities 10 8,089 5248 - Other retail specialised stores 9 2,016 68209 - Other letting and operating of own or leased real estate 9 3,755 7450 - Labour recruitment 9 2,783 7032 - Manage real estate, fee or contract 9 2,235 4545 - Other building completion 8 2,598 74909 - Other professional, scientific and technical activities not elsewhere classified 8 7,088 86900 - Other human health activities 7 3,700
Recent Companies
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Randomly selected companies from this quarter
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