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

  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. 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.

    YearSalfordUK
    2014851582,051
    2013779529,363
    2012787491,893
    2011752452,870
    2010619400,358
    Record Year2014 (851)2014 (582,051)
    New Companies by Year
  2. 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)SalfordUK
    2014425281,320
    2013385259,931
    % change10.4%8.2%
    Record Year2014 (425)2014 (281,320)
    New Companies by Half Year
  3. 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)SalfordUK
    2014206137,906
    2013195127,247
    % change5.6%8.4%
    Record Year 2014 (206) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014587573
    New companies in 2013786453
    % change-25.6%17.2%37.7%
    Record Year2013 (78)2012 (81)2011 (73)

Closed Companies (dissolved)

  1. 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.

    YearSalfordUK
    2014550367,937
    2013525332,213
    2012439293,729
    2011402314,524
    2010445342,233
    Record Year2009 (647)2009 (533,789)
    Dissolved Companies by Year
  2. 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)SalfordUK
    2014293190,730
    2013338177,021
    % change-13.3%7.7%
    Record Year2013 (338)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)SalfordUK
    201411489,060
    201317190,851
    % change-33.3%-2.0%
    Record Year 2013 (171) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014313350
    Closed companies in 2013586053
    % change-46.6%-45.0%-6%
    Record Year2013 (58)2013 (60)2013 (53)

Net Company Growth

  1. 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.

    YearSalfordUK
    2014301214,114
    2013254197,150
    2012348198,164
    2011350138,346
    201017458,125
    Record Year2011 (350)2007 (237,353)
    Net Growth by Year
  2. 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)SalfordUK
    201413290,590
    20134782,910
    Record Year2011 (197)2003 (117,772)
    Net Growth by Half Year
  3. 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)SalfordUK
    20149248,846
    20132436,396
    Record Year 2011 (99) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2014274223
    Net growth in 20132040
    Record Year1996 (49)2014 (42)2011 (36)

UK Company Share

  1. 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.

    YearSalford
    20140.1%
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1996 (0.2%)
    Company Share by Year
  2. 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
    20140.2%
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Half Year
  3. 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
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.2%0.2%
    UK formation share in 20130.2%0.1%0.2%
    % change-29.3%11.2%17.9%
    Record Year1996 (0.3%)1996 (0.3%)1995 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    CONSTRUCTION1.32%CONSULTING5.22%
    CONSULTING1.32%MANAGEMENT4.58%
    MANAGEMENT1.25%CONSULTANCY3.57%
    PROPERTIES1.10%PROPERTY2.66%
    CONSULTANCY1.10%CONSTRUCTION2.12%
    MANCHESTER1.03%ENGINEERING2.10%
    ESTATES1.03%CARE2.02%
    TRADING0.73%TRADING1.94%
    CARE0.73%LONDON1.93%
    TRANSPORT0.73%TRANSPORT1.93%
    PROPERTY0.73%DESIGN1.66%
    ENGINEERING0.66%CONSULTANTS1.64%
    BUSINESS0.66%ELECTRICAL1.62%
    WEST0.59%PROPERTIES1.62%
    DESIGN0.51%BUSINESS1.56%
    MEDIA0.51%J1.54%
    LOGISTICS0.51%CO.,1.50%
    SECURITY0.51%GLOBAL1.49%
    IT0.51%INVESTMENTS1.48%
    GROUP0.44%ASSOCIATES1.47%
    MARKETING0.44%DEVELOPMENTS1.35%
    M0.44%MEDIA1.33%
    CONSULTANTS0.44%IT1.31%
    ENTERPRISES0.44%BUILDING1.29%
    TRADERS0.37%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied504265,608
    70229 - Management consultancy activities other than financial management9942,290
    74909 - Other professional, scientific and technical activities not elsewhere classified6819,049
    99999 - Dormant Company5448,509
    82990 - Other business support service activities not elsewhere classified4858,068
    96090 - Other service activities not elsewhere classified3629,009
    47910 - Retail sale via mail order houses or via Internet3210,107
    62020 - Information technology consultancy activities2930,178
    74990 - Non-trading company2813,984
    68209 - Other letting and operating of own or leased real estate2411,212
    62090 - Other information technology service activities2212,837
    68100 - Buying and selling of own real estate217,106
    86900 - Other human health activities2112,976
    47190 - Other retail sale in non-specialised stores163,802
    64999 - Financial intermediation not elsewhere classified146,083
    86101 - Hospital activities134,366
    68320 - Management of real estate on a fee or contract basis136,010
    56290 - Other food services124,616
    96020 - Hairdressing and other beauty treatment126,742
    56101 - Licensed restaurants128,782

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09333769 MILKYTEA ROOMS LIMITED 01 Dec 2014
    09333816 4 DOCS. LIMITED 01 Dec 2014
    09351541 LGGM CONSULTANTS LIMITED 11 Dec 2014
    09357477 EXPONA TECH LTD 16 Dec 2014
    09357846 CHRIS SELLICK CONSTRUCTION SERVICES LTD 17 Dec 2014
    09336131 DHAMMAL TRADING LIMITED 02 Dec 2014
    09336849 PRIMROSE HILL CONSULTANCY LTD 02 Dec 2014
    09338732 EASY MORTGAGES LTD 03 Dec 2014
    09339795 TESCO HAND CAR WASH (PENDLETON WAY) LIMITED 03 Dec 2014
    09344910 DUAL CITY CONTRACTORS LIMITED 08 Dec 2014
    09352205 DIAQUIP LIMITED 12 Dec 2014
    09367968 KINGSLEY INTERNATIONAL CONSULTANCY LTD 29 Dec 2014
    09370078 PASHA RECYCLING SERVICES LTD 30 Dec 2014
    09336223 HF PROPERTY CONSULTING LTD 02 Dec 2014
    09337091 SPEEDY EIGHT LTD 02 Dec 2014
    09340015 C & M WHOLESALE (UK) LIMITED 03 Dec 2014
    09343334 SMART HOME DIRECT LTD 05 Dec 2014
    09353442 GERONIMO FESTIVAL UK LIMITED 12 Dec 2014
    09361715 PEARL HOUSE ESTATES LIMITED 18 Dec 2014
    09361936 A&A SAVINGS LIMITED 19 Dec 2014
    09365990 JOSPH PROPERTIES LTD 23 Dec 2014
    09367756 SAFELINE DEVELOPMENTS LTD 29 Dec 2014
    09347996 VUECLOUD LIMITED 09 Dec 2014
    09357043 BIG DOGG SPORTS LIMITED 16 Dec 2014
    09360512 THISISLDA FUTURES LIMITED 18 Dec 2014