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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

  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. 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.

    YearSalfordUK
    2011752452,870
    2010619400,358
    2009517362,675
    2008545349,203
    2007645457,649
    Record Year2011 (752)2007 (457,649)
    New Companies by Year
  2. 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)SalfordUK
    2011389224,135
    2010314196,609
    % change23.9%14.0%
    Record Year2011 (389)2011 (224,135)
    New Companies by Half Year
  3. 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)SalfordUK
    2011198109,623
    201014895,117
    % change33.8%15.3%
    Record Year 2011 (198) 2011 (109,623)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2011586773
    New companies in 2010595237
    % change-1.7%28.8%97.3%
    Record Year2010 (59)2011 (67)2011 (73)

Closed Companies (dissolved)

  1. 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.

    YearSalfordUK
    2011407314,523
    2010448342,232
    2009644533,773
    2008301237,901
    2007342220,295
    Record Year2009 (644)2009 (533,773)
    Dissolved Companies by Year
  2. 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)SalfordUK
    2011197152,213
    2010211164,601
    % change-6.6%-7.5%
    Record Year2009 (264)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)SalfordUK
    201110379,983
    20109176,896
    % change13.2%4.0%
    Record Year 2011 (103) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011234040
    Closed companies in 2010304219
    % change-23.3%-4.8%111%
    Record Year2006 (49)2010 (42)1998 (49)

Net Company Growth

  1. 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.

    YearSalfordUK
    2011345138,347
    201017158,126
    2009-127-171,098
    2008244111,302
    2007303237,354
    Record Year2011 (345)2003 (242,543)
    Net Growth by Year
  2. 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)SalfordUK
    201119271,922
    201010332,008
    Record Year1996 (194)2003 (117,772)
    Net Growth by Half Year
  3. 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)SalfordUK
    20119529,640
    20105718,221
    Record Year 1996 (114) 2003 (57,175)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2011352733
    Net growth in 2010291018
    Record Year1996 (49)1996 (37)2011 (33)

UK Company Share

  1. 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.

    YearSalford
    20110.2%
    20100.2%
    20090.1%
    20080.2%
    20070.1%
    Record Year (since 1960)1996 (0.2%)
    Company Share by Year
  2. 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
    20110.2%
    20100.2%
    20090.1%
    20080.2%
    20070.2%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Half Year
  3. 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
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.2%0.2%
    UK formation share in 20100.2%0.2%0.1%
    % change-14.6%9.8%74.9%
    Record Year1965 (0.4%)1965 (0.4%)1980 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    FITTERS1.32%CONSULTING5.07%
    MANAGEMENT1.32%MANAGEMENT4.74%
    ESTATES1.24%CONSULTANCY3.26%
    PROPERTIES1.16%PROPERTY2.37%
    CONSULTING1.07%TRADING2.07%
    (MANCHESTER)0.99%DESIGN1.92%
    PROPERTY0.83%ASSOCIATES1.86%
    TRADING0.83%ENGINEERING1.78%
    MEDIA0.74%BUSINESS1.78%
    ENGINEERING0.66%CONSULTANTS1.76%
    ENTERPRISES0.66%CONSTRUCTION1.73%
    MANCHESTER0.50%MEDIA1.71%
    PRODUCTIONS0.50%LONDON1.63%
    WEST)0.50%J1.51%
    CONSULTANCY0.50%INVESTMENTS1.48%
    INN0.50%GLOBAL1.46%
    CONSTRUCTION0.50%IT1.41%
    GLOBAL0.50%CARE1.39%
    ENERGY0.41%PROPERTIES1.29%
    (NORTH0.41%ELECTRICAL1.29%
    BUILDING0.41%M1.27%
    IT0.41%BUILDING1.26%
    MARKETING0.41%ENERGY1.25%
    FOOD0.41%S1.20%
    C0.41%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied385205,525
    7487 - Other business activities7657,052
    99999 - Dormant Company3621,846
    7499 - Non-trading company309,957
    96090 - Other service activities not elsewhere classified2911,768
    82990 - Other business support service activities not elsewhere classified2132,483
    9999 - Dormant Company1720,199
    70100 - Activities of head offices152,662
    74990 - Non-trading company158,929
    9305 - Other service activities139,492
    7020 - Letting of own property131,606
    62020 - Information technology consultancy activities1312,072
    68320 - Management of real estate on a fee or contract basis123,194
    7222 - Other software consultancy and supply117,398
    86230 - Dental practice activities101,598
    7260 - Other computer related activities107,667
    5248 - Other retail specialised stores91,968
    74909 - Other professional, scientific and technical activities not elsewhere classified98,671
    68209 - Other letting and operating of own or leased real estate94,082
    4545 - Other building completion82,369

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07798789 AKAAD AFRO CARIBBEAN FOOD STORE LTD 05 Oct 2011
    07804718 OBJECH2 LIMITED 11 Oct 2011
    07807634 NORTHBUILD LTD 12 Oct 2011
    07809658 DIGITAL BAMBOO LIMITED 13 Oct 2011
    07828993 WOODS ELECTRICAL (SERVICES) LTD 31 Oct 2011
    07797913 GRIP TIME LTD 05 Oct 2011
    07799492 CHRISTINE LEE PROPERTIES LIMITED 06 Oct 2011
    07800346 BILLAAFE UK LIMITED 06 Oct 2011
    07795596 EDGE MOUNT LIMITED 03 Oct 2011
    07796604 TCHP LTD 04 Oct 2011
    07800132 WINE IMPORT LTD 06 Oct 2011
    07800242 RED FIRE DRAGON LTD 06 Oct 2011
    07802896 COLEMAN AND WADDLE LIMITED 10 Oct 2011
    07803754 C M M BUILDING LIMITED 10 Oct 2011
    07808794 CEPHAS MULTI INVESTMENT LTD 13 Oct 2011
    07810581 R HOUSE MANCHESTER LIMITED 14 Oct 2011
    07813283 PENDLEBURY SOCIAL CLUB LTD 18 Oct 2011
    07813398 P.A.I.M. (NORTH WEST) LTD 18 Oct 2011
    07818587 MAYFAIR ELECTRONICS LTD 21 Oct 2011
    07819572 WHITE LION (BLAENAU) LTD 21 Oct 2011
    07819918 MANNIK LTD 24 Oct 2011
    07821301 SANDY'S SANDWICHES LTD 24 Oct 2011
    07826341 OPTIC SOLUTIONS LTD 27 Oct 2011
    07829333 THE WATERLOO ( BACUP ) LTD 31 Oct 2011
    07829378 LEVY'S CAFE LTD 31 Oct 2011