Salford, Greater Manchester
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Salford when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Salford when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Salford when compared to any previous Q4.
- November 2014 saw a new record in net growth in Salford when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Salford when compared to any year in history.
A total of 851 companies were formed in Salford in 2014. This total is 9.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Salford UK 2014 851 582,051 2013 779 529,363 2012 787 491,893 2011 752 452,870 2010 619 400,358 Record Year 2014 (851) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Salford when compared to any previous second half year.
In the second half of 2014 a total of 425 companies were formed in Salford. This figure is 10.4% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Salford occurred in 2014 when a total of 425 were formed.
Half Year (Jul-Dec) Salford UK 2014 425 281,320 2013 385 259,931 % change 10.4% 8.2% Record Year 2014 (425) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Salford when compared to any previous Q4.
A total of 206 companies were registered in Salford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 5.6% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Salford UK 2014 206 137,906 2013 195 127,247 % change 5.6% 8.4% Record Year 2014 (206) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 58 75 73 New companies in 2013 78 64 53 % change -25.6% 17.2% 37.7% Record Year 2013 (78) 2012 (81) 2011 (73)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 550 companies were dissolved in Salford in 2014. This total is 4.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Salford UK 2014 550 367,937 2013 525 332,213 2012 439 293,729 2011 402 314,524 2010 445 342,233 Record Year 2009 (647) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 293 companies were dissolved in Salford. This figure is 13.3% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Salford occurred in 2013 when a total of 338 were closed.
Half Year (Jul-Dec) Salford UK 2014 293 190,730 2013 338 177,021 % change -13.3% 7.7% Record Year 2013 (338) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 114 companies were dissolved in Salford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 33.3% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Salford UK 2014 114 89,060 2013 171 90,851 % change -33.3% -2.0% Record Year 2013 (171) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 31 33 50 Closed companies in 2013 58 60 53 % change -46.6% -45.0% -6% Record Year 2013 (58) 2013 (60) 2013 (53)
Net Company Growth
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Annual Data (2014)
A total of 301 companies were added to the company register for Salford in 2014. This number represents growth of 35.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 47 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2011 when the Salford company register grew by 350 companies.
Year Salford UK 2014 301 214,114 2013 254 197,150 2012 348 198,164 2011 350 138,346 2010 174 58,125 Record Year 2011 (350) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Salford increased by 132 companies.
Half Year (Jul-Dec) Salford UK 2014 132 90,590 2013 47 82,910 Record Year 2011 (197) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Salford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 92 companies.
fourth quarter (Oct 2014 - Dec 2014) Salford UK 2014 92 48,846 2013 24 36,396 Record Year 2011 (99) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Salford when compared to any previous November.
Net Growth by Month
October November December Net growth in 2014 27 42 23 Net growth in 2013 20 4 0 Record Year 1996 (49) 2014 (42) 2011 (36)
UK Company Share
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Annual Data (2014)
In 2014 Salford formed 0.1% of all UK companies. This is no change on 2013 when Salford was responsible for 0.1% of all UK companies.
Year Salford 2014 0.1% 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1996 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Salford formed 0.2% of all UK companies. This is more than the 2013 figure of 0.1%.
Half Year (Jul-Dec) Salford 2014 0.2% 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1996 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Salford formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Salford 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1996 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.2% 0.2% UK formation share in 2013 0.2% 0.1% 0.2% % change -29.3% 11.2% 17.9% Record Year 1996 (0.3%) 1996 (0.3%) 1995 (0.3%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 40.2.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 39.4.
The percentage of directors under the age of 25 was 2.4% 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 Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 39.4.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.8%.
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
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Annual Data (2014)
The record year for female directors in Salford was 1975 when 100.0% of all directors were female.
The percentage of female directors in Salford in 2014 was 21.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Salford was 2008 when 28.7% of all directors were female.
21.3% of all director appointments in Salford in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Salford was in 2008 when 27.6% of all directors were female.
21.8% of all director appointments in Salford in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSTRUCTION 1.32% CONSULTING 5.22% CONSULTING 1.32% MANAGEMENT 4.58% MANAGEMENT 1.25% CONSULTANCY 3.57% PROPERTIES 1.10% PROPERTY 2.66% CONSULTANCY 1.10% CONSTRUCTION 2.12% MANCHESTER 1.03% ENGINEERING 2.10% ESTATES 1.03% CARE 2.02% TRADING 0.73% TRADING 1.94% CARE 0.73% LONDON 1.93% TRANSPORT 0.73% TRANSPORT 1.93% PROPERTY 0.73% DESIGN 1.66% ENGINEERING 0.66% CONSULTANTS 1.64% BUSINESS 0.66% ELECTRICAL 1.62% WEST 0.59% PROPERTIES 1.62% DESIGN 0.51% BUSINESS 1.56% MEDIA 0.51% J 1.54% LOGISTICS 0.51% CO., 1.50% SECURITY 0.51% GLOBAL 1.49% IT 0.51% INVESTMENTS 1.48% GROUP 0.44% ASSOCIATES 1.47% MARKETING 0.44% DEVELOPMENTS 1.35% M 0.44% MEDIA 1.33% CONSULTANTS 0.44% IT 1.31% ENTERPRISES 0.44% BUILDING 1.29% TRADERS 0.37% M 1.22%
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 504 265,608 70229 - Management consultancy activities other than financial management 99 42,290 74909 - Other professional, scientific and technical activities not elsewhere classified 68 19,049 99999 - Dormant Company 54 48,509 82990 - Other business support service activities not elsewhere classified 48 58,068 96090 - Other service activities not elsewhere classified 36 29,009 47910 - Retail sale via mail order houses or via Internet 32 10,107 62020 - Information technology consultancy activities 29 30,178 74990 - Non-trading company 28 13,984 68209 - Other letting and operating of own or leased real estate 24 11,212 62090 - Other information technology service activities 22 12,837 68100 - Buying and selling of own real estate 21 7,106 86900 - Other human health activities 21 12,976 47190 - Other retail sale in non-specialised stores 16 3,802 64999 - Financial intermediation not elsewhere classified 14 6,083 86101 - Hospital activities 13 4,366 68320 - Management of real estate on a fee or contract basis 13 6,010 56290 - Other food services 12 4,616 96020 - Hairdressing and other beauty treatment 12 6,742 56101 - Licensed restaurants 12 8,782
Recent Companies
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Randomly selected companies from this quarter
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