Salford, Greater Manchester

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Salford when compared to any previous Q3.
  • Q3 2014 was a record quarter for company registrations in Salford when compared to any quarter in history.
  • July 2014 saw a new record in company registrations in Salford when compared to any previous July.
  • July 2014 saw a new record in company closures in Salford when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Salford when compared to any previous Q3.

    Q3 2014 was a record quarter for company registrations in Salford when compared to any quarter in history.

    A total of 219 companies were registered in Salford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 15.3% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)SalfordUK
    2014219143,414
    2013190132,684
    % change15.3%8.1%
    Record Year 2014 (219) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company registrations in Salford when compared to any previous July.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014906366
    New companies in 2013626563
    % change45.2%-3.1%4.8%
    Record Year2014 (90)2012 (73)2011 (72)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 179 companies were dissolved in Salford during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 7.2% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)SalfordUK
    2014179101,670
    201316786,170
    % change7.2%18.0%
    Record Year 2014 (179) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    July 2014 saw a new record in company closures in Salford when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014645659
    Closed companies in 2013483485
    % change33.3%64.7%-31%
    Record Year2014 (64)2008 (67)2009 (89)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Salford during the third quarter of 2014 (Jul 2014 - Sep 2014) was 40 companies.

    third quarter (Jul 2014 - Sep 2014)SalfordUK
    20144041,744
    20132346,514
    Record Year 2011 (98) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20142677
    Net growth in 20131431-22
    Record Year2008 (41)1995 (33)2004 (56)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

    In the third quarter of 2014, Salford formed 0.2% of all UK companies.

    third quarter (Jul 2014 - Sep 2014)Salford
    20140.2%
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1995 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.1%0.1%
    UK formation share in 20130.1%0.2%0.1%
    % change31.9%-7.6%-3.9%
    Record Year1995 (0.3%)1995 (0.3%)1996 (0.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 39.4.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Salford was in 2008 when 30.1% of all directors were female.

    20.9% of all director appointments in Salford in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    PROPERTIES1.50%CONSULTING5.17%
    CONSULTING1.42%MANAGEMENT4.63%
    MANAGEMENT1.42%CONSULTANCY3.55%
    MANCHESTER1.05%PROPERTY2.62%
    CONSULTANCY1.05%ENGINEERING2.07%
    ESTATES0.97%CONSTRUCTION2.05%
    CONSTRUCTION0.97%TRADING2.00%
    TRADING0.75%LONDON1.95%
    TRANSPORT0.75%CARE1.94%
    SECURITY0.75%TRANSPORT1.76%
    PROPERTY0.67%DESIGN1.70%
    BUSINESS0.67%CONSULTANTS1.70%
    CARE0.67%PROPERTIES1.63%
    IT0.60%BUSINESS1.62%
    CONSULTANTS0.60%J1.53%
    ENGINEERING0.60%ELECTRICAL1.53%
    MEDIA0.52%GLOBAL1.51%
    HEALTHCARE0.52%INVESTMENTS1.50%
    DISTRIBUTION0.52%ASSOCIATES1.48%
    DESIGN0.52%MEDIA1.38%
    MARKETING0.52%CO.,1.36%
    INVESTMENTS0.45%DEVELOPMENTS1.35%
    WEST0.45%BUILDING1.30%
    ASSOCIATES0.45%IT1.30%
    LOGISTICS0.45%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied548278,481
    70229 - Management consultancy activities other than financial management8040,717
    74909 - Other professional, scientific and technical activities not elsewhere classified6618,890
    99999 - Dormant Company5948,286
    82990 - Other business support service activities not elsewhere classified5057,264
    96090 - Other service activities not elsewhere classified3628,224
    47910 - Retail sale via mail order houses or via Internet319,914
    62020 - Information technology consultancy activities2629,313
    74990 - Non-trading company2614,006
    62090 - Other information technology service activities2412,795
    68209 - Other letting and operating of own or leased real estate2110,361
    86900 - Other human health activities1911,807
    68100 - Buying and selling of own real estate186,595
    47190 - Other retail sale in non-specialised stores153,702
    62012 - Business and domestic software development149,675
    68320 - Management of real estate on a fee or contract basis145,749
    56101 - Licensed restaurants128,546
    64999 - Financial intermediation not elsewhere classified125,857
    56103 - Take-away food shops and mobile food stands127,917
    56290 - Other food services124,392

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09203874 MONEYHILL AFFLUENCE LTD 04 Sep 2014
    09204413 PINNACLE PAYROLL LIMITED 04 Sep 2014
    09220871 SEIC LIMITED 16 Sep 2014
    09224874 ROBERT LASZCZEWSKI LTD. 18 Sep 2014
    09198016 VROMA LIMITED 01 Sep 2014
    09203158 ME2U TRAINING LIMITED 04 Sep 2014
    09217121 CHORTKOV DEVELOPMENTS LIMITED 15 Sep 2014
    09225417 VELTY LIMITED 18 Sep 2014
    09230512 NBB DRIVER LIMITED 23 Sep 2014
    09234279 HEATH ASSETS (2) LIMITED 25 Sep 2014
    09241503 GALLACHER ELECTRICAL SERVICES LIMITED 30 Sep 2014
    09200747 AFEE CONSTRUCTION LTD 03 Sep 2014
    09209376 YUMBURGER LIMITED 09 Sep 2014
    09210907 ANGLOPACE LTD 09 Sep 2014
    09218649 DAVIS SOCIAL CARE LIMITED 15 Sep 2014
    09218894 E M M G PROPERTIES LTD 15 Sep 2014
    09224980 KINSLEY PROPERTY SERVICES LIMITED 18 Sep 2014
    09227991 ECHO LINK SERVICES LIMITED 22 Sep 2014
    09229041 SEGAL ESTATES LIMITED 22 Sep 2014
    09229102 JUMP START SEO LIMITED 22 Sep 2014
    09231049 IBOLYA REHMAN LIMITED 23 Sep 2014
    09234277 CHICKEN SHAQ LTD 25 Sep 2014
    09236596 JJDEGAL LTD 26 Sep 2014
    09238582 TNF INTERIORS LIMITED 29 Sep 2014
    09241708 FUCHS HATS UK MANCHESTER LTD 30 Sep 2014