Salford, Greater Manchester
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Salford when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Salford when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Salford when compared to any previous Q2.
- Q2 2014 was a record quarter for company registrations in Salford when compared to any quarter in history.
- May 2014 saw a new record in company registrations in Salford when compared to any previous May.
- April 2014 saw a new record in company registrations in Salford when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Salford when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Salford when compared to any half year in history.
In the first half of 2014 a total of 426 companies were formed in Salford. This figure is 8.1% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Salford occurred in 2014 when a total of 426 were formed.
Half Year (Jan-Jun) Salford UK 2014 426 300,731 2013 394 269,432 % change 8.1% 11.6% Record Year 2014 (426) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Salford when compared to any previous Q2.
Q2 2014 was a record quarter for company registrations in Salford when compared to any quarter in history.
A total of 217 companies were registered in Salford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 6.4% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Salford UK 2014 217 150,009 2013 204 134,630 % change 6.4% 11.4% Record Year 2014 (217) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
May 2014 saw a new record in company registrations in Salford when compared to any previous May.
April 2014 saw a new record in company registrations in Salford when compared to any previous April.
New Companies by Month
April May June New companies in 2014 85 78 54 New companies in 2013 76 65 63 % change 11.8% 20.0% -14.3% Record Year 2014 (85) 2014 (78) 2007 (72)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 257 companies were dissolved in Salford. This figure is 37.4% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Salford occurred in 2009 when a total of 381 were closed.
Half Year (Jan-Jun) Salford UK 2014 257 177,207 2013 187 155,192 % change 37.4% 14.2% Record Year 2009 (381) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 115 companies were dissolved in Salford during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 21.1% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Salford UK 2014 115 94,837 2013 95 77,278 % change 21.1% 22.7% Record Year 2009 (243) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 20 64 31 Closed companies in 2013 27 22 46 % change -25.9% 190.9% -33% Record Year 2009 (71) 2009 (96) 2009 (76)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Salford increased by 169 companies.
Half Year (Jan-Jun) Salford UK 2014 169 123,524 2013 207 114,240 Record Year 2013 (207) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Salford during the second quarter of 2014 (Apr 2014 - Jun 2014) was 102 companies.
second quarter (Apr 2014 - Jun 2014) Salford UK 2014 102 55,172 2013 109 57,352 Record Year 2013 (109) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 65 14 23 Net growth in 2013 49 43 17 Record Year 1997 (70) 2013 (43) 2003 (49)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Salford formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Salford 2014 0.1% 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.1% Record Year (since 1960) 1997 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Salford formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Salford 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1995 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.2% 0.2% 0.1% UK formation share in 2013 0.2% 0.1% 0.2% % change 0.9% 10.7% -25.7% Record Year 1997 (0.4%) 1995 (0.3%) 1995 (0.3%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 41.1.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 40.5.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Salford was 2007 when 27.7% of all directors were female.
21.5% of all director appointments in Salford in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Salford was in 2007 when 33.6% of all directors were female.
23.4% of all director appointments in Salford in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.33% CONSULTING 5.16% PROPERTIES 1.33% MANAGEMENT 4.64% CONSULTANCY 1.25% CONSULTANCY 3.50% MANAGEMENT 1.09% PROPERTY 2.66% CONSTRUCTION 1.01% TRADING 2.03% ESTATES 0.86% ENGINEERING 1.99% SECURITY 0.78% CONSTRUCTION 1.93% TRANSPORT 0.78% LONDON 1.93% CONSULTANTS 0.78% CARE 1.85% TRADE 0.78% DESIGN 1.75% MEDIA 0.70% CONSULTANTS 1.73% BUSINESS 0.70% BUSINESS 1.69% MANCHESTER 0.70% PROPERTIES 1.63% TRADING 0.70% TRANSPORT 1.58% PROPERTY 0.62% GLOBAL 1.55% CARE 0.62% INVESTMENTS 1.55% DESIGN 0.62% J 1.51% ASSOCIATES 0.47% ASSOCIATES 1.48% C 0.47% MEDIA 1.44% ESTATE 0.47% ELECTRICAL 1.40% IT 0.47% IT 1.33% DISTRIBUTION 0.47% DEVELOPMENTS 1.33% K3 0.47% BUILDING 1.26% SOFTWARE 0.47% M 1.24% MARKETING 0.47% CO., 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 522 261,557 70229 - Management consultancy activities other than financial management 75 40,250 74909 - Other professional, scientific and technical activities not elsewhere classified 68 19,058 99999 - Dormant Company 60 48,436 82990 - Other business support service activities not elsewhere classified 48 57,421 96090 - Other service activities not elsewhere classified 39 28,352 47910 - Retail sale via mail order houses or via Internet 32 9,900 74990 - Non-trading company 28 14,351 62090 - Other information technology service activities 25 13,024 62020 - Information technology consultancy activities 24 29,029 68209 - Other letting and operating of own or leased real estate 22 10,133 86900 - Other human health activities 18 11,292 68100 - Buying and selling of own real estate 17 6,413 96020 - Hairdressing and other beauty treatment 17 6,631 68320 - Management of real estate on a fee or contract basis 14 5,731 56103 - Take-away food shops and mobile food stands 14 7,840 47190 - Other retail sale in non-specialised stores 14 3,721 62012 - Business and domestic software development 12 9,834 56302 - Public houses and bars 12 6,099 41100 - Development of building projects 12 10,527
Recent Companies
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Randomly selected companies from this quarter
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