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
    09126862 WREKKHODDZ INCORPORATED LTD 11 Jul 2014
    09129634 DJ MAC 06 LIMITED 14 Jul 2014
    09133773 BOWRY. CONSTRUCTION. LIMITED 16 Jul 2014
    09135127 NWBG LTD 17 Jul 2014
    09138658 JC & IT LTD 21 Jul 2014
    09138715 PIPKAT LIMITED 21 Jul 2014
    09148653 R Z K LOGISTICS LTD 28 Jul 2014
    09114728 CALYPSO STAFFING LIMITED 03 Jul 2014
    09123806 EPG MANLET LTD 10 Jul 2014
    09123956 DEMPSEY DISTRIBUTION LIMITED 10 Jul 2014
    09131168 ANVITHA ASSOCIATES LIMITED 15 Jul 2014
    09134062 THE DRY UMBRELLA CIC 16 Jul 2014
    09151440 VEHICLE HIRE NORTH WEST LIMITED 29 Jul 2014
    09111004 JACOBS LEGAL LIMITED 01 Jul 2014
    09126253 GRACIE JAKE LTD 11 Jul 2014
    09129257 SKYPOWER TELECOM LIMITED 14 Jul 2014
    09129355 STEFAN, STEFANIE & SHALOM LTD 14 Jul 2014
    09133611 GREAT ORME LTD 16 Jul 2014
    09141902 SHALOM MANCHESTER LTD 22 Jul 2014
    09145953 YRB INVESTMENTS LTD 24 Jul 2014
    09153496 RED-PEGASUS LTD 30 Jul 2014
    09154770 ANDREA STRACHAN MANAGEMENT & CONSULTING LTD 31 Jul 2014
    09155687 SINGLETON CONSOLIDATED LTD 31 Jul 2014
    09150105 3M MANAGEMENT LTD 28 Jul 2014
    09150130 ADSHARES LTD 28 Jul 2014