Salford, Greater Manchester

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Salford when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Salford when compared to any quarter in history.
  • January 2015 saw a new record in company registrations in Salford when compared to any previous January.
  • January 2015 saw a new record in net growth in Salford when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Salford when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Salford when compared to any quarter in history.

    A total of 249 companies were registered in Salford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 19.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SalfordUK
    2015249161,156
    2014209150,722
    % change19.1%6.9%
    Record Year 2015 (249) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in company registrations in Salford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015867984
    New companies in 2014538076
    % change62.3%-1.3%10.5%
    Record Year2015 (86)2014 (80)2007 (90)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 112 companies were dissolved in Salford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 21.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SalfordUK
    201511289,523
    201414282,370
    % change-21.1%8.7%
    Record Year 2014 (142) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015214546
    Closed companies in 2014385549
    % change-44.7%-18.2%-6%
    Record Year2011 (45)2014 (55)2009 (95)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Salford during the first quarter of 2015 (Jan 2015 - Mar 2015) was 137 companies.

    first quarter (Jan 2015 - Mar 2015)SalfordUK
    201513771,633
    20146768,352
    Record Year 2015 (137) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Salford when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015653438
    Net growth in 2014152527
    Record Year2015 (65)2004 (47)2007 (69)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Salford formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Salford
    20150.2%
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    Record Year (since 1960) 1997 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.2%0.1%
    UK formation share in 20140.1%0.2%0.1%
    % change59.2%-9.0%0.7%
    Record Year1997 (0.3%)1996 (0.3%)1997 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.3.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Salford was in 2008 when 25.6% of all directors were female.

    24.5% of all director appointments in Salford in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    ESTATES1.70%CONSULTING5.23%
    CONSULTING1.42%MANAGEMENT4.56%
    MANAGEMENT1.42%CONSULTANCY3.62%
    CONSTRUCTION1.20%PROPERTY2.72%
    CONSULTANCY1.06%CONSTRUCTION2.19%
    PROPERTIES0.99%CARE2.13%
    (NO.2)0.85%ENGINEERING2.12%
    BUSINESS0.85%LONDON1.91%
    PROPERTY0.85%TRADING1.88%
    TRADING0.78%TRANSPORT1.82%
    MANCHESTER0.71%ELECTRICAL1.76%
    CARE0.71%DESIGN1.65%
    ENGINEERING0.71%PROPERTIES1.63%
    ESTATE0.71%CO.,1.58%
    WEST0.64%J1.55%
    REAL0.64%CONSULTANTS1.54%
    SALFORD0.57%BUSINESS1.49%
    TRANSPORT0.57%INVESTMENTS1.49%
    LOGISTICS0.50%GLOBAL1.46%
    ASSOCIATES0.50%ASSOCIATES1.44%
    TRADERS0.50%DEVELOPMENTS1.36%
    GROUP0.50%BUILDING1.31%
    HOUSE0.43%IT1.30%
    MEDIA0.43%MEDIA1.28%
    CIC0.43%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied516288,953
    70229 - Management consultancy activities other than financial management9443,081
    99999 - Dormant Company5949,474
    74909 - Other professional, scientific and technical activities not elsewhere classified5819,098
    82990 - Other business support service activities not elsewhere classified4558,522
    96090 - Other service activities not elsewhere classified3429,218
    47910 - Retail sale via mail order houses or via Internet3210,200
    62020 - Information technology consultancy activities2830,825
    74990 - Non-trading company2713,794
    68209 - Other letting and operating of own or leased real estate2311,600
    68100 - Buying and selling of own real estate237,450
    86900 - Other human health activities2313,990
    62090 - Other information technology service activities2112,862
    47190 - Other retail sale in non-specialised stores163,835
    86101 - Hospital activities155,043
    68320 - Management of real estate on a fee or contract basis146,154
    56290 - Other food services134,729
    64999 - Financial intermediation not elsewhere classified136,067
    86210 - General medical practice activities124,793
    49410 - Freight transport by road1212,485

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09465294 CORPORATE CONSULTING LIMITED 02 Mar 2015
    09479240 CLINGYKOALA LIMITED 09 Mar 2015
    09483703 MUSTAPHA HOLDING COMPANY LTD. 11 Mar 2015
    09489560 FC PURLEY LIMITED 13 Mar 2015
    09493564 UK INVESTMENT & IMMIGRATION SOLUTIONS LTD 17 Mar 2015
    09495304 NCL MANAGEMENT SERVICES LIMITED 17 Mar 2015
    09475657 AGECROFT GARDEN CENTRE LIMITED 06 Mar 2015
    09477930 DRILLSKILLZ CONSULTS LIMITED 09 Mar 2015
    09484321 PBZ CONSULTING LTD 11 Mar 2015
    09485176 TRADE PRICE BLINDS LIMITED 12 Mar 2015
    09487290 AYISSI CONSULTING LIMITED 12 Mar 2015
    09488128 KOPES UMBRELLAS LTD 13 Mar 2015
    09490570 SALFORD VETERANS BREAKFAST CLUB & HUB CIC 14 Mar 2015
    09500969 STINEEL BUSINESS SERVICES LIMITED 20 Mar 2015
    09510635 KEMP PROPERTY SERVICES LIMITED 26 Mar 2015
    09470754 NELSON ESTATE LTD 04 Mar 2015
    09487026 BETHEL PRODUCTIONS LIMITED 12 Mar 2015
    09497266 SHERGILL CONTRACTORS LTD 18 Mar 2015
    09501646 14TH AND SINGLETON LTD. 20 Mar 2015
    09502180 AMHURST PRODUCTS LTD 20 Mar 2015
    09509198 A1A AVENUE LTD 25 Mar 2015
    09518581 THE GRANARY (M/CR) LIMITED 31 Mar 2015
    09469286 GROVE HOUSE (LEEK) NUMBER TWO MANAGEMENT LIMITED 03 Mar 2015
    09486641 AUTO TESTING SERVICES LTD. 12 Mar 2015
    09486987 SEVEN BROTHERS BARS LIMITED 12 Mar 2015