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Salford, Greater Manchester

Q1 2011 Business Confidence Report

Headlines

  • February 2011 saw a new record in company registrations in Salford when compared to any previous February.
  • January 2011 saw a new record in company closures in Salford when compared to any previous January.

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 (Q1 Jan-Mar 2011)

    A total of 174 companies were registered in Salford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 12.3% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)SalfordUK
    2011174116,391
    2010155105,137
    % change12.3%10.7%
    Record Year 2007 (193) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company registrations in Salford when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011606054
    New companies in 2010505055
    % change20.0%20.0%-1.8%
    Record Year2006 (61)2011 (60)2007 (90)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 109 companies were dissolved in Salford during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 5.8% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)SalfordUK
    201110990,986
    201010382,677
    % change5.8%10.0%
    Record Year 2009 (138) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Salford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011442243
    Closed companies in 2010323041
    % change37.5%-26.7%5%
    Record Year2011 (44)2008 (53)2009 (95)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Salford during the first quarter of 2011 (Jan 2011 - Mar 2011) was 65 companies.

    first quarter (Jan 2011 - Mar 2011)SalfordUK
    20116525,405
    20105222,460
    Record Year 2007 (123) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011163811
    Net growth in 2010182014
    Record Year1997 (39)2004 (47)2007 (69)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Salford formed 0.1% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Salford
    20110.1%
    20100.1%
    20090.1%
    20080.2%
    20070.1%
    Record Year (since 1960) 1967 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.2%0.2%0.1%
    UK formation share in 20100.2%0.2%0.1%
    % change3.5%5.6%-6.4%
    Record Year1967 (0.5%)1967 (0.6%)1981 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 41.2.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Salford was in 1861 when 40.0% of all directors were female.

    17.4% of all director appointments in Salford in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    ESTATES1.69%CONSULTING5.04%
    FITTERS1.50%MANAGEMENT4.97%
    TRADING1.13%CONSULTANCY3.16%
    MANAGEMENT1.13%PROPERTY2.38%
    PROPERTY1.03%TRADING2.10%
    SOLAR0.94%DESIGN1.93%
    PROPERTIES0.85%ASSOCIATES1.92%
    ENTERPRISES0.85%BUSINESS1.87%
    DISCOVERY0.85%CONSTRUCTION1.80%
    GLOBAL0.85%CONSULTANTS1.76%
    BUSINESS0.75%MEDIA1.69%
    BUILDING0.75%ENGINEERING1.61%
    ENGINEERING0.66%LONDON1.60%
    MARKETING0.66%CARE1.45%
    INVESTMENTS0.66%J1.45%
    CONSTRUCTION0.66%GLOBAL1.44%
    RM0.56%INVESTMENTS1.43%
    S0.56%IT1.41%
    MEDIA0.56%PROPERTIES1.36%
    (MANCHESTER)0.56%BUILDING1.34%
    MANCHESTER0.56%M1.30%
    SYSTEMS0.56%ELECTRICAL1.28%
    SALFORD0.47%S1.24%
    CONSULTING0.47%INTERNATIONAL1.23%
    MAINTENANCE0.47%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied359202,798
    7487 - Other business activities7660,968
    99999 - Dormant Company4518,336
    96090 - Other service activities not elsewhere classified2710,085
    9999 - Dormant Company2619,765
    7499 - Non-trading company2311,316
    82990 - Other business support service activities not elsewhere classified1930,253
    74990 - Non-trading company198,695
    70100 - Activities of head offices152,849
    7020 - Letting of own property151,397
    9305 - Other service activities128,740
    70229 - Management consultancy activities other than financial management1116,150
    7260 - Other computer related activities117,789
    68320 - Management of real estate on a fee or contract basis103,220
    5248 - Other retail specialised stores91,957
    7032 - Manage real estate, fee or contract92,143
    68209 - Other letting and operating of own or leased real estate93,895
    7450 - Labour recruitment92,475
    74909 - Other professional, scientific and technical activities not elsewhere classified97,788
    4545 - Other building completion82,483

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07545223 PAS SECURITY LTD 28 Feb 2011
    07545220 PRESTIGE GUARDS LTD 28 Feb 2011
    07539864 GIG GOGGLES LIMITED 23 Feb 2011
    07539659 I.W.D. MANAGEMENT LIMITED 23 Feb 2011
    07525245 DOWN AT THE SOCIAL LIMITED 10 Feb 2011
    07524977 GJK SOLUTIONS LIMITED 10 Feb 2011
    07544769 HILL ROGERS LTD 28 Feb 2011
    07535503 SAM'S NEWS LTD 18 Feb 2011
    07530789 ANGEL'S DREAM MARKETING MANAGEMENT LTD 15 Feb 2011
    07530119 STEPH CASEY CHILDMINDING SERVICES LIMITED 15 Feb 2011
    07522716 YIPPEE ENTERTAINMENT LIMITED 09 Feb 2011
    07517699 HOPE DENTAL PRACTICE LIMITED 04 Feb 2011
    07513080 GIFTY LIMITED 01 Feb 2011
    07545123 LAKELINE ESTATES LTD 28 Feb 2011
    07544620 DANLO RETAIL LTD 28 Feb 2011
    07542253 CONPOL LTD. 24 Feb 2011
    07541119 1ST FOOD STATION LTD 24 Feb 2011
    07538692 MBD COMMUNITY MIKVAH LTD 22 Feb 2011
    07527138 SPOT ON CAR WASH LTD 11 Feb 2011
    07526935 CITYHALL INVESTMENTS LTD 11 Feb 2011
    07514985 CHICKEN AT GIO'S LTD 02 Feb 2011
    07514619 PAGEWEEK LTD 02 Feb 2011
    07543619 MARIMBA HOLDINGS LIMITED 25 Feb 2011
    07526930 SFMP (GROUP) LTD 11 Feb 2011
    07539498 OCEANICZAN IT SERVICES LTD 23 Feb 2011