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

  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. 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)SalfordUK
    2014426300,731
    2013394269,432
    % change8.1%11.6%
    Record Year2014 (426)2014 (300,731)
    New Companies by Half Year
  2. 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)SalfordUK
    2014217150,009
    2013204134,630
    % change6.4%11.4%
    Record Year 2014 (217) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014857854
    New companies in 2013766563
    % change11.8%20.0%-14.3%
    Record Year2014 (85)2014 (78)2007 (72)

Closed Companies (dissolved)

  1. 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)SalfordUK
    2014257177,207
    2013187155,192
    % change37.4%14.2%
    Record Year2009 (381)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)SalfordUK
    201411594,837
    20139577,278
    % change21.1%22.7%
    Record Year 2009 (243) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014206431
    Closed companies in 2013272246
    % change-25.9%190.9%-33%
    Record Year2009 (71)2009 (96)2009 (76)

Net Company Growth

  1. 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)SalfordUK
    2014169123,524
    2013207114,240
    Record Year2013 (207)2007 (171,296)
    Net Growth by Half Year
  2. 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)SalfordUK
    201410255,172
    201310957,352
    Record Year 2013 (109) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014651423
    Net growth in 2013494317
    Record Year1997 (70)2013 (43)2003 (49)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.2%
    20110.2%
    20100.1%
    Record Year (since 1960) 1997 (0.2%)
    Company Share by Half Year
  2. 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
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1995 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.1%
    UK formation share in 20130.2%0.1%0.2%
    % change0.9%10.7%-25.7%
    Record Year1997 (0.4%)1995 (0.3%)1995 (0.3%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING1.33%CONSULTING5.16%
    PROPERTIES1.33%MANAGEMENT4.64%
    CONSULTANCY1.25%CONSULTANCY3.50%
    MANAGEMENT1.09%PROPERTY2.66%
    CONSTRUCTION1.01%TRADING2.03%
    ESTATES0.86%ENGINEERING1.99%
    SECURITY0.78%CONSTRUCTION1.93%
    TRANSPORT0.78%LONDON1.93%
    CONSULTANTS0.78%CARE1.85%
    TRADE0.78%DESIGN1.75%
    MEDIA0.70%CONSULTANTS1.73%
    BUSINESS0.70%BUSINESS1.69%
    MANCHESTER0.70%PROPERTIES1.63%
    TRADING0.70%TRANSPORT1.58%
    PROPERTY0.62%GLOBAL1.55%
    CARE0.62%INVESTMENTS1.55%
    DESIGN0.62%J1.51%
    ASSOCIATES0.47%ASSOCIATES1.48%
    C0.47%MEDIA1.44%
    ESTATE0.47%ELECTRICAL1.40%
    IT0.47%IT1.33%
    DISTRIBUTION0.47%DEVELOPMENTS1.33%
    K30.47%BUILDING1.26%
    SOFTWARE0.47%M1.24%
    MARKETING0.47%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied522261,557
    70229 - Management consultancy activities other than financial management7540,250
    74909 - Other professional, scientific and technical activities not elsewhere classified6819,058
    99999 - Dormant Company6048,436
    82990 - Other business support service activities not elsewhere classified4857,421
    96090 - Other service activities not elsewhere classified3928,352
    47910 - Retail sale via mail order houses or via Internet329,900
    74990 - Non-trading company2814,351
    62090 - Other information technology service activities2513,024
    62020 - Information technology consultancy activities2429,029
    68209 - Other letting and operating of own or leased real estate2210,133
    86900 - Other human health activities1811,292
    68100 - Buying and selling of own real estate176,413
    96020 - Hairdressing and other beauty treatment176,631
    68320 - Management of real estate on a fee or contract basis145,731
    56103 - Take-away food shops and mobile food stands147,840
    47190 - Other retail sale in non-specialised stores143,721
    62012 - Business and domestic software development129,834
    56302 - Public houses and bars126,099
    41100 - Development of building projects1210,527

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09029781 MOXELS LIMITED 08 May 2014
    09034577 GLIDESTAR LIMITED 12 May 2014
    09035217 TMW HEALTH & CARE SERVICES LIMITED 12 May 2014
    09057365 BORGES GREEN LOGISTICS LTD. 27 May 2014
    09059164 FOOD STATION (SALFORD) LIMITED 28 May 2014
    09061587 DESAP MYCARD LIMITED 29 May 2014
    09020028 ONEWHERO MANAGEMENT SERVICES LIMITED 01 May 2014
    09021233 NORTHWEST VAN SPARES LTD 01 May 2014
    09028059 E BOOKKEEPING BUSINESS (EBB) LIMITED 07 May 2014
    09044722 E L MEDICOLEGAL LIMITED 16 May 2014
    09052190 AFG CHELSEA LTD 22 May 2014
    09058193 J BIRCH PROPERTIES LIMITED 27 May 2014
    09020133 RPOP LTD 01 May 2014
    09020419 FOLARANMI LTD 01 May 2014
    09032222 SHIPLEY PROPERTIES LTD 09 May 2014
    09033262 NY SMART TECHNOLOGY UK LTD 09 May 2014
    09041957 MANTICORE SECURITY LTD 15 May 2014
    09047171 HAYDOCK LAUNDRY LTD 19 May 2014
    09047756 TM AQUATIX LTD 20 May 2014
    09048012 PREMIER WATCHES AND ACCESSORIES LTD. 20 May 2014
    09040091 PROACTIVE BUSINESS EXPERTS LTD 14 May 2014
    09044734 K3 MANAGED SERVICES HOLDCO LIMITED 16 May 2014
    09049120 KKI LAND LIMITED 20 May 2014
    09050234 GCC ACADEMIC LIMITED 21 May 2014
    09050609 SEVEN STAR INT LTD 21 May 2014