Salford, Greater Manchester
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Salford when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Salford when compared to any previous second half year.
- The second half of 2011 was a record second half year for company registrations in Salford when compared to any half year in history.
- Q4 2011 saw a new record in company registrations in Salford when compared to any previous Q4.
- Q4 2011 was a record quarter for company registrations in Salford when compared to any quarter in history.
- December 2011 saw a new record in company registrations in Salford when compared to any previous December.
- November 2011 saw a new record in company registrations in Salford when compared to any previous November.
- Q4 2011 saw a new record in company closures in Salford when compared to any previous Q4.
- 2011 was a record year for net growth in Salford when compared to any year in history.
- December 2011 saw a new record in net growth in Salford when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Salford when compared to any year in history.
A total of 752 companies were formed in Salford in 2011. This total is 21.5% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Salford UK 2011 752 452,870 2010 619 400,358 2009 517 362,675 2008 545 349,203 2007 645 457,649 Record Year 2011 (752) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Salford when compared to any previous second half year.
The second half of 2011 was a record second half year for company registrations in Salford when compared to any half year in history.
In the second half of 2011 a total of 389 companies were formed in Salford. This figure is 23.9% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Salford occurred in 2011 when a total of 389 were formed.
Half Year (Jul-Dec) Salford UK 2011 389 224,135 2010 314 196,609 % change 23.9% 14.0% Record Year 2011 (389) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Salford when compared to any previous Q4.
Q4 2011 was a record quarter for company registrations in Salford when compared to any quarter in history.
A total of 198 companies were registered in Salford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 33.8% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Salford UK 2011 198 109,623 2010 148 95,117 % change 33.8% 15.3% Record Year 2011 (198) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in Salford when compared to any previous December.
November 2011 saw a new record in company registrations in Salford when compared to any previous November.
New Companies by Month
October November December New companies in 2011 58 67 73 New companies in 2010 59 52 37 % change -1.7% 28.8% 97.3% Record Year 2010 (59) 2011 (67) 2011 (73)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 407 companies were dissolved in Salford in 2011. This total is 9.2% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Salford UK 2011 407 314,523 2010 448 342,232 2009 644 533,773 2008 301 237,901 2007 342 220,295 Record Year 2009 (644) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 197 companies were dissolved in Salford. This figure is 6.6% lower than last year, which compares badly to the UK wide change of -7.5%.
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 2011 197 152,213 2010 211 164,601 % change -6.6% -7.5% Record Year 2009 (264) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company closures in Salford when compared to any previous Q4.
A total of 103 companies were dissolved in Salford during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 13.2% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Salford UK 2011 103 79,983 2010 91 76,896 % change 13.2% 4.0% Record Year 2011 (103) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 23 40 40 Closed companies in 2010 30 42 19 % change -23.3% -4.8% 111% Record Year 2006 (49) 2010 (42) 1998 (49)
Net Company Growth
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Annual Data (2011)
2011 was a record year for net growth in Salford when compared to any year in history.
A total of 345 companies were added to the company register for Salford in 2011. This number represents growth of 55.7% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 174 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2011 when the Salford company register grew by 345 companies.
Year Salford UK 2011 345 138,347 2010 171 58,126 2009 -127 -171,098 2008 244 111,302 2007 303 237,354 Record Year 2011 (345) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Salford increased by 192 companies.
Half Year (Jul-Dec) Salford UK 2011 192 71,922 2010 103 32,008 Record Year 1996 (194) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Salford during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 95 companies.
fourth quarter (Oct 2011 - Dec 2011) Salford UK 2011 95 29,640 2010 57 18,221 Record Year 1996 (114) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in net growth in Salford when compared to any previous December.
Net Growth by Month
October November December Net growth in 2011 35 27 33 Net growth in 2010 29 10 18 Record Year 1996 (49) 1996 (37) 2011 (33)
UK Company Share
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Annual Data (2011)
In 2011 Salford formed 0.2% of all UK companies. This is no change on 2010 when Salford was responsible for 0.2% of all UK companies.
Year Salford 2011 0.2% 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.1% Record Year (since 1960) 1996 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Salford formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.
Half Year (Jul-Dec) Salford 2011 0.2% 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.2% Record Year (since 1960) 1996 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Salford formed 0.2% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Salford 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1996 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.2% 0.2% UK formation share in 2010 0.2% 0.2% 0.1% % change -14.6% 9.8% 74.9% Record Year 1965 (0.4%) 1965 (0.4%) 1980 (0.4%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 40.6.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 40.1.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 39.5.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 25.0%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Salford was 1860 when 42.9% of all directors were female.
21.3% of all director appointments in Salford in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Salford was in 1977 when 31.1% of all directors were female.
19.9% of all director appointments in Salford in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage FITTERS 1.32% CONSULTING 5.07% MANAGEMENT 1.32% MANAGEMENT 4.74% ESTATES 1.24% CONSULTANCY 3.26% PROPERTIES 1.16% PROPERTY 2.37% CONSULTING 1.07% TRADING 2.07% (MANCHESTER) 0.99% DESIGN 1.92% PROPERTY 0.83% ASSOCIATES 1.86% TRADING 0.83% ENGINEERING 1.78% MEDIA 0.74% BUSINESS 1.78% ENGINEERING 0.66% CONSULTANTS 1.76% ENTERPRISES 0.66% CONSTRUCTION 1.73% MANCHESTER 0.50% MEDIA 1.71% PRODUCTIONS 0.50% LONDON 1.63% WEST) 0.50% J 1.51% CONSULTANCY 0.50% INVESTMENTS 1.48% INN 0.50% GLOBAL 1.46% CONSTRUCTION 0.50% IT 1.41% GLOBAL 0.50% CARE 1.39% ENERGY 0.41% PROPERTIES 1.29% (NORTH 0.41% ELECTRICAL 1.29% BUILDING 0.41% M 1.27% IT 0.41% BUILDING 1.26% MARKETING 0.41% ENERGY 1.25% FOOD 0.41% S 1.20% C 0.41% ENTERPRISES 1.20%
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 385 205,525 7487 - Other business activities 76 57,052 99999 - Dormant Company 36 21,846 7499 - Non-trading company 30 9,957 96090 - Other service activities not elsewhere classified 29 11,768 82990 - Other business support service activities not elsewhere classified 21 32,483 9999 - Dormant Company 17 20,199 70100 - Activities of head offices 15 2,662 74990 - Non-trading company 15 8,929 9305 - Other service activities 13 9,492 7020 - Letting of own property 13 1,606 62020 - Information technology consultancy activities 13 12,072 68320 - Management of real estate on a fee or contract basis 12 3,194 7222 - Other software consultancy and supply 11 7,398 86230 - Dental practice activities 10 1,598 7260 - Other computer related activities 10 7,667 5248 - Other retail specialised stores 9 1,968 74909 - Other professional, scientific and technical activities not elsewhere classified 9 8,671 68209 - Other letting and operating of own or leased real estate 9 4,082 4545 - Other building completion 8 2,369
Recent Companies
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Randomly selected companies from this quarter
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