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
New Company Registrations
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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) Salford UK 2011 174 116,391 2010 155 105,137 % change 12.3% 10.7% Record Year 2007 (193) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2011 60 60 54 New companies in 2010 50 50 55 % change 20.0% 20.0% -1.8% Record Year 2006 (61) 2011 (60) 2007 (90)
Closed Companies (dissolved)
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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) Salford UK 2011 109 90,986 2010 103 82,677 % change 5.8% 10.0% Record Year 2009 (138) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 44 22 43 Closed companies in 2010 32 30 41 % change 37.5% -26.7% 5% Record Year 2011 (44) 2008 (53) 2009 (95)
Net Company Growth
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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) Salford UK 2011 65 25,405 2010 52 22,460 Record Year 2007 (123) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 16 38 11 Net growth in 2010 18 20 14 Record Year 1997 (39) 2004 (47) 2007 (69)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.2% 2007 0.1% Record Year (since 1960) 1967 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.2% 0.1% UK formation share in 2010 0.2% 0.2% 0.1% % change 3.5% 5.6% -6.4% Record Year 1967 (0.5%) 1967 (0.6%) 1981 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ESTATES 1.69% CONSULTING 5.04% FITTERS 1.50% MANAGEMENT 4.97% TRADING 1.13% CONSULTANCY 3.16% MANAGEMENT 1.13% PROPERTY 2.38% PROPERTY 1.03% TRADING 2.10% SOLAR 0.94% DESIGN 1.93% PROPERTIES 0.85% ASSOCIATES 1.92% ENTERPRISES 0.85% BUSINESS 1.87% DISCOVERY 0.85% CONSTRUCTION 1.80% GLOBAL 0.85% CONSULTANTS 1.76% BUSINESS 0.75% MEDIA 1.69% BUILDING 0.75% ENGINEERING 1.61% ENGINEERING 0.66% LONDON 1.60% MARKETING 0.66% CARE 1.45% INVESTMENTS 0.66% J 1.45% CONSTRUCTION 0.66% GLOBAL 1.44% RM 0.56% INVESTMENTS 1.43% S 0.56% IT 1.41% MEDIA 0.56% PROPERTIES 1.36% (MANCHESTER) 0.56% BUILDING 1.34% MANCHESTER 0.56% M 1.30% SYSTEMS 0.56% ELECTRICAL 1.28% SALFORD 0.47% S 1.24% CONSULTING 0.47% INTERNATIONAL 1.23% MAINTENANCE 0.47% SYSTEMS 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 359 202,798 7487 - Other business activities 76 60,968 99999 - Dormant Company 45 18,336 96090 - Other service activities not elsewhere classified 27 10,085 9999 - Dormant Company 26 19,765 7499 - Non-trading company 23 11,316 82990 - Other business support service activities not elsewhere classified 19 30,253 74990 - Non-trading company 19 8,695 70100 - Activities of head offices 15 2,849 7020 - Letting of own property 15 1,397 9305 - Other service activities 12 8,740 70229 - Management consultancy activities other than financial management 11 16,150 7260 - Other computer related activities 11 7,789 68320 - Management of real estate on a fee or contract basis 10 3,220 5248 - Other retail specialised stores 9 1,957 7032 - Manage real estate, fee or contract 9 2,143 68209 - Other letting and operating of own or leased real estate 9 3,895 7450 - Labour recruitment 9 2,475 74909 - Other professional, scientific and technical activities not elsewhere classified 9 7,788 4545 - Other building completion 8 2,483
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07499105 PETAR LTD 19 Jan 2011 07493239 PORTFOLIO ELEVEN LIMITED 14 Jan 2011 07497582 SPATAN SECURITY SERVICES LTD 19 Jan 2011 07494895 HOME INSUR@ANCE LTD 17 Jan 2011 07487696 POILON LIMITED 11 Jan 2011 07486230 BOVIS CONSTRUCTION LTD 10 Jan 2011 07483826 FIDELITY PAYMENT UK LIMITED 06 Jan 2011 07481348 THE WOODEN BRIDGE COMPANY LIMITED 04 Jan 2011 07511608 FITTERS (REDCAR) LIMITED 31 Jan 2011 07511601 FITTERS (NUNEATON) LIMITED 31 Jan 2011 07511600 FITTERS (WAKEFIELD) LIMITED 31 Jan 2011 07511579 RM (SWINDON) LIMITED 31 Jan 2011 07511552 FITTERS (GLASGOW) LIMITED 31 Jan 2011 07511442 RM (COLCHESTER) LIMITED 31 Jan 2011 07511065 FITTERS (WORKINGTON) LIMITED 31 Jan 2011 07510133 ZENITH MUSIC LTD 31 Jan 2011 07504067 ESTILO (LONGTON) LTD 24 Jan 2011 07502400 TOKYO JEANS LTD 24 Jan 2011 07495026 SLOANE ENTERPRISES LTD 17 Jan 2011 07487952 LSI VEHICLE (1) LTD 11 Jan 2011 07484127 THE MITRE (MANCHESTER) LTD 06 Jan 2011 07483436 LAKELAND PROPERTY MANAGEMENT LIMITED 05 Jan 2011 07482101 INTERMARKET (UK) LTD 05 Jan 2011 07500382 NURTURE PRODUCTIONS COMMUNITY INTEREST COMPANY 20 Jan 2011 07497275 NIFC LTD 19 Jan 2011
reports
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