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Salford, Greater Manchester

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Salford when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Salford when compared to any half year in history.
  • Q2 2011 saw a new record in company registrations in Salford when compared to any previous Q2.
  • May 2011 saw a new record in company registrations in Salford when compared to any previous May.

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. Half Year Data (Jan-Jun 2011)

    The first half of 2011 saw a new record in company registrations in Salford when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Salford when compared to any half year in history.

    In the first half of 2011 a total of 363 companies were formed in Salford. This figure is 19.0% higher than last year, which compares well to the UK wide figure of 12.3%.

    The highest total for a first half year in Salford occurred in 2011 when a total of 363 were formed.

    Half Year (Jan-Jun)SalfordUK
    2011363228,735
    2010305203,749
    % change19.0%12.3%
    Record Year2011 (363)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in company registrations in Salford when compared to any previous Q2.

    A total of 189 companies were registered in Salford during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 26.0% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)SalfordUK
    2011189112,344
    201015098,612
    % change26.0%13.9%
    Record Year 2011 (189) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

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

    New Companies by Month
    AprilMayJune
    New companies in 2011506970
    New companies in 2010574053
    % change-12.3%72.5%32.1%
    Record Year1997 (79)2011 (69)2007 (72)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 210 companies were dissolved in Salford. This figure is 11.4% lower than last year, which compares well to the UK wide change of -8.6%.

    The highest total for a first half year in Salford occurred in 2009 when a total of 380 were closed.

    Half Year (Jan-Jun)SalfordUK
    2011210162,310
    2010237177,631
    % change-11.4%-8.6%
    Record Year2009 (380)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 101 companies were dissolved in Salford during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 24.6% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)SalfordUK
    201110171,324
    201013494,954
    % change-24.6%-24.9%
    Record Year 2009 (242) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011234038
    Closed companies in 2010215756
    % change9.5%-29.8%-32%
    Record Year2009 (71)2009 (96)2009 (75)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Salford increased by 153 companies.

    Half Year (Jan-Jun)SalfordUK
    201115366,425
    20106826,118
    Record Year2007 (189)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Salford during the second quarter of 2011 (Apr 2011 - Jun 2011) was 88 companies.

    second quarter (Apr 2011 - Jun 2011)SalfordUK
    20118841,020
    2010163,658
    Record Year 2003 (109) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 2011272932
    Net growth in 201036-17-3
    Record Year1997 (70)2003 (42)2003 (47)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Salford formed 0.2% of all UK companies. This is more than the 2010 figure of 0.1%.

    Half Year (Jan-Jun)Salford
    20110.2%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1997 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Salford formed 0.2% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Salford
    20110.2%
    20100.2%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1995 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.1%0.2%0.2%
    UK formation share in 20100.2%0.1%0.2%
    % change-15.1%35.9%17.0%
    Record Year1997 (0.4%)1967 (0.4%)1960 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 41.1.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 41.0.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    20.1% of all director appointments in Salford in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Salford was in 1866 when 66.7% of all directors were female.

    23.2% of all director appointments in Salford in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ESTATES1.60%CONSULTING5.09%
    FITTERS1.43%MANAGEMENT4.86%
    MANAGEMENT1.07%CONSULTANCY3.17%
    PROPERTY0.98%PROPERTY2.43%
    PROPERTIES0.98%TRADING2.05%
    TRADING0.98%DESIGN1.94%
    SOLAR0.80%ASSOCIATES1.92%
    ENTERPRISES0.80%BUSINESS1.87%
    DISCOVERY0.80%CONSTRUCTION1.77%
    GLOBAL0.71%CONSULTANTS1.76%
    PRODUCTIONS0.71%MEDIA1.73%
    CONSTRUCTION0.62%ENGINEERING1.67%
    CONSULTING0.62%LONDON1.60%
    MEDIA0.62%GLOBAL1.46%
    MARKETING0.62%J1.44%
    BUSINESS0.62%CARE1.44%
    MANCHESTER0.53%INVESTMENTS1.42%
    BUILDING0.53%IT1.39%
    ENGINEERING0.53%BUILDING1.32%
    INVESTMENTS0.53%PROPERTIES1.31%
    RM0.53%ELECTRICAL1.30%
    S0.53%M1.27%
    CARE0.45%S1.23%
    J0.45%ENTERPRISES1.20%
    SYSTEMS0.45%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied383202,072
    7487 - Other business activities7660,758
    99999 - Dormant Company3418,918
    9999 - Dormant Company2720,111
    96090 - Other service activities not elsewhere classified2610,322
    7499 - Non-trading company2410,955
    82990 - Other business support service activities not elsewhere classified1830,647
    9305 - Other service activities159,063
    70100 - Activities of head offices142,632
    7020 - Letting of own property131,495
    74990 - Non-trading company138,481
    68320 - Management of real estate on a fee or contract basis113,095
    70229 - Management consultancy activities other than financial management1016,419
    7260 - Other computer related activities107,849
    7032 - Manage real estate, fee or contract102,208
    74909 - Other professional, scientific and technical activities not elsewhere classified97,835
    7450 - Labour recruitment92,304
    62020 - Information technology consultancy activities810,545
    4545 - Other building completion82,456
    68209 - Other letting and operating of own or leased real estate73,790

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07647702 PINNACLE SURE MANAGEMENT LTD 25 May 2011
    07646814 STRONG ARM SOLUTIONS LTD 25 May 2011
    07621986 RIGHTPEG LTD 04 May 2011
    07652588 KINGDOM VOICE LIMITED 31 May 2011
    07648250 TIMELOOP PRODUCTIONS C.I.C. 26 May 2011
    07647778 INNOWEB MEDIA LTD 25 May 2011
    07644065 PYLON SOLUTIONS LTD 23 May 2011
    07643194 STANSFIELD BOILER SERVICES LTD 23 May 2011
    07635004 AQ PRODUCTIONS LTD 16 May 2011
    07634478 THE TREASURE IN CLAY INTERNATIONAL 16 May 2011
    07632834 M&R GARAGE LTD 13 May 2011
    07631418 AC ENERGY LIMITED 12 May 2011
    07623005 APEX STORES LTD 05 May 2011
    07620706 AIKO TECH LIMITED 03 May 2011
    07618553 COMPUTERS DONT BITE LIMITED 03 May 2011
    07648035 MANKO SERVICES LIMITED 26 May 2011
    07645828 NUFO LTD 24 May 2011
    07640925 THE SHACK (MANCHESTER) LTD 19 May 2011
    07638128 THE HOTEL INVESTMENT PARTNERSHIP LTD 17 May 2011
    07635043 ALEF SECURITY & ELECTRICAL LIMITED 16 May 2011
    07627911 ADIL TRADING UK LTD 10 May 2011
    07626941 G-TEC GAS SERVICES LTD 09 May 2011
    07626365 KLASSIQ WEDDINGS LIMITED 09 May 2011
    07625719 53 ZERO TWO LTD 09 May 2011
    07619820 KOPF FOOD SUPPLIES LTD 03 May 2011