Salford, Greater Manchester
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Salford when compared to any previous Q1.
- February 2014 saw a new record in company registrations in Salford when compared to any previous February.
- February 2014 saw a new record in company closures in Salford when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Salford when compared to any previous Q1.
A total of 209 companies were registered in Salford during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 10.0% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Salford UK 2014 209 150,722 2013 190 134,802 % change 10.0% 11.8% Record Year 2014 (209) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 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 2014 53 80 76 New companies in 2013 61 67 62 % change -13.1% 19.4% 22.6% Record Year 2012 (68) 2014 (80) 2007 (90)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 142 companies were dissolved in Salford during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 54.3% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Salford UK 2014 142 82,370 2013 92 77,914 % change 54.3% 5.7% Record Year 2014 (142) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Salford when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 38 55 49 Closed companies in 2013 29 34 29 % change 31.0% 61.8% 69% Record Year 2011 (45) 2014 (55) 2009 (95)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Salford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 67 companies.
first quarter (Jan 2014 - Mar 2014) Salford UK 2014 67 68,352 2013 98 56,888 Record Year 2007 (123) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 15 25 27 Net growth in 2013 32 33 33 Record Year 1997 (39) 2004 (47) 2007 (69)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Salford formed 0.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Salford 2014 0.1% 2013 0.1% 2012 0.2% 2011 0.1% 2010 0.1% Record Year (since 1960) 1997 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.2% 0.1% UK formation share in 2013 0.1% 0.2% 0.1% % change -18.7% 10.3% 2.3% Record Year 1997 (0.3%) 1996 (0.3%) 1997 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 41.7.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Salford was in 2008 when 25.6% of all directors were female.
19.3% of all director appointments in Salford in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.69% CONSULTING 5.22% CONSULTANCY 1.29% MANAGEMENT 4.67% PROPERTIES 0.97% CONSULTANCY 3.49% TRADE 0.89% PROPERTY 2.64% MANCHESTER 0.89% TRADING 2.05% MEDIA 0.81% LONDON 1.88% MANAGEMENT 0.81% ENGINEERING 1.86% SECURITY 0.73% CARE 1.79% CONSULTANTS 0.73% CONSTRUCTION 1.75% TRANSPORT 0.73% DESIGN 1.75% SALFORD 0.65% CONSULTANTS 1.73% MARKETING 0.56% BUSINESS 1.71% TRADING 0.56% PROPERTIES 1.60% PROPERTY 0.56% INVESTMENTS 1.60% BUSINESS 0.56% GLOBAL 1.58% HOUSE 0.56% J 1.48% ESTATES 0.56% ASSOCIATES 1.48% IT 0.56% MEDIA 1.48% SOFTWARE 0.48% IT 1.33% DISTRIBUTION 0.48% TRANSPORT 1.30% DESIGN 0.48% DEVELOPMENTS 1.29% FINANCE 0.48% BUILDING 1.24% MEDICAL 0.48% M 1.21% ENTERPRISES 0.40% CAPITAL 1.20% CARE 0.40% ELECTRICAL 1.19%
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 559 280,210 99999 - Dormant Company 72 47,084 74909 - Other professional, scientific and technical activities not elsewhere classified 65 18,491 70229 - Management consultancy activities other than financial management 63 37,882 82990 - Other business support service activities not elsewhere classified 43 56,411 96090 - Other service activities not elsewhere classified 37 26,700 74990 - Non-trading company 31 14,135 47910 - Retail sale via mail order houses or via Internet 25 9,358 62090 - Other information technology service activities 21 12,813 68209 - Other letting and operating of own or leased real estate 20 9,284 62020 - Information technology consultancy activities 19 27,750 86900 - Other human health activities 17 10,273 96020 - Hairdressing and other beauty treatment 16 6,236 68100 - Buying and selling of own real estate 14 5,920 56103 - Take-away food shops and mobile food stands 13 7,300 56302 - Public houses and bars 12 5,732 56290 - Other food services 12 3,980 47190 - Other retail sale in non-specialised stores 11 3,558 41100 - Development of building projects 11 9,855 64999 - Financial intermediation not elsewhere classified 11 5,537
Recent Companies
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Randomly selected companies from this quarter
reports
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