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Salford, Greater Manchester

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Salford when compared to any previous Q1.
  • February 2012 saw a new record in company registrations in Salford when compared to any previous February.
  • January 2012 saw a new record in company registrations in Salford when compared to any previous January.
  • Q1 2012 saw a new record in company closures in Salford when compared to any previous Q1.
  • January 2012 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 2012)

    Q1 2012 saw a new record in company registrations in Salford when compared to any previous Q1.

    A total of 198 companies were registered in Salford during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 13.8% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)SalfordUK
    2012198131,491
    2011174116,391
    % change13.8%13.0%
    Record Year 2012 (198) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Salford when compared to any previous February.

    January 2012 saw a new record in company registrations in Salford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012687654
    New companies in 2011606054
    % change13.3%26.7%0.0%
    Record Year2012 (68)2012 (76)2007 (90)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company closures in Salford when compared to any previous Q1.

    A total of 140 companies were dissolved in Salford during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 28.4% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)SalfordUK
    201214067,576
    201110990,987
    % change28.4%-25.7%
    Record Year 2012 (140) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in company closures in Salford when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012504941
    Closed companies in 2011442243
    % change13.6%122.7%-5%
    Record Year2012 (50)2008 (53)2009 (95)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Salford during the first quarter of 2012 (Jan 2012 - Mar 2012) was 58 companies.

    first quarter (Jan 2012 - Mar 2012)SalfordUK
    20125863,915
    20116525,404
    Record Year 2007 (123) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012182713
    Net growth in 2011163811
    Record Year1997 (39)2004 (47)2007 (69)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Salford formed 0.2% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Salford
    20120.2%
    20110.1%
    20100.1%
    20090.1%
    20080.2%
    Record Year (since 1960) 1967 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.2%0.2%0.1%
    UK formation share in 20110.2%0.2%0.1%
    % change-2.8%8.3%-6.5%
    Record Year1967 (0.5%)1967 (0.6%)1981 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 37.6.

    The percentage of directors under the age of 25 was 7.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

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

    24.2% of all director appointments in Salford in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.27%CONSULTING5.07%
    MANAGEMENT1.11%MANAGEMENT4.74%
    MEDIA0.95%CONSULTANCY3.30%
    (MANCHESTER)0.87%PROPERTY2.37%
    TRADING0.87%TRADING2.07%
    PROPERTIES0.79%DESIGN1.93%
    CONSULTANCY0.79%ENGINEERING1.86%
    H0.79%ASSOCIATES1.84%
    WEST)0.71%CONSULTANTS1.79%
    PROPERTY0.71%BUSINESS1.73%
    (NORTH0.63%MEDIA1.72%
    ESTATES0.63%CONSTRUCTION1.72%
    M0.56%LONDON1.66%
    CONSTRUCTION0.56%J1.54%
    ENGINEERING0.56%INVESTMENTS1.51%
    TRANSPORT0.48%GLOBAL1.50%
    DESIGN0.48%IT1.40%
    INN0.48%CARE1.34%
    ENERGY0.48%PROPERTIES1.31%
    GLOBAL0.48%ELECTRICAL1.27%
    INTERNATIONAL0.40%M1.27%
    HOTEL0.40%BUILDING1.24%
    HOUSE0.40%ENERGY1.20%
    FINANCIAL0.40%S1.20%
    INVESTMENT0.40%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied401216,665
    7487 - Other business activities6852,735
    99999 - Dormant Company6225,084
    7499 - Non-trading company299,102
    82990 - Other business support service activities not elsewhere classified2335,233
    74990 - Non-trading company219,729
    96090 - Other service activities not elsewhere classified2013,637
    62020 - Information technology consultancy activities1714,303
    68320 - Management of real estate on a fee or contract basis143,448
    70100 - Activities of head offices132,746
    7020 - Letting of own property131,548
    9305 - Other service activities128,818
    68100 - Buying and selling of own real estate113,072
    7222 - Other software consultancy and supply116,934
    9999 - Dormant Company1018,617
    86230 - Dental practice activities101,834
    70229 - Management consultancy activities other than financial management1019,704
    62012 - Business and domestic software development104,356
    56302 - Public houses and bars92,795
    5248 - Other retail specialised stores91,837

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07974942 COLVIT LIMITED 05 Mar 2012
    07978512 GOOD LIFE DENTAL PRACTICE LIMITED 06 Mar 2012
    07980888 RA PROCUREMENT LIMITED 07 Mar 2012
    07982755 JJB BANWO CONSULTANCY LTD 08 Mar 2012
    07985106 GUMPSHUN CONSULTING LTD 12 Mar 2012
    07992012 NEZIF LTD 15 Mar 2012
    07996303 MONEYFX LIMITED 19 Mar 2012
    08008501 MANIC DANTE PHOTOGRAPHY LTD 27 Mar 2012
    07977928 POSH SOLUTIONS LIMITED 06 Mar 2012
    07986313 EJIK LIMITED 12 Mar 2012
    07997509 STARS & LEGENDS LIMITED 20 Mar 2012
    07997885 ROAD HALO LTD 20 Mar 2012
    07999983 PKT SERVICES LIMITED 21 Mar 2012
    08000307 JJ JASON LIMITED 21 Mar 2012
    08000919 LITTLE SQUIRREL NURSERY (NORTH WEST) LIMITED 22 Mar 2012
    08006460 PHOTIUM LIMITED 26 Mar 2012
    08007376 NINEBASE LIMITED 27 Mar 2012
    07971964 THEMEGASTORE.BIZ LIMITED 01 Mar 2012
    07972857 COMMUNITY ENGAGEMENT PIONEERS LTD 02 Mar 2012
    07973263 MAZELTOV LTD 02 Mar 2012
    07983117 KELE KELO SHOP LIMITED 09 Mar 2012
    07977711 IPLAN4LIFE LTD 06 Mar 2012
    07992818 BROCA (2) LIMITED 15 Mar 2012
    07999030 BLACK DIAMOND-MONEY LIMITED 21 Mar 2012
    07999032 GOLDMAX PARTNERS LTD 21 Mar 2012