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
New Company Registrations
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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) Salford UK 2015 249 161,156 2014 209 150,722 % change 19.1% 6.9% Record Year 2015 (249) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 86 79 84 New companies in 2014 53 80 76 % change 62.3% -1.3% 10.5% Record Year 2015 (86) 2014 (80) 2007 (90)
Closed Companies (dissolved)
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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) Salford UK 2015 112 89,523 2014 142 82,370 % change -21.1% 8.7% Record Year 2014 (142) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 21 45 46 Closed companies in 2014 38 55 49 % change -44.7% -18.2% -6% Record Year 2011 (45) 2014 (55) 2009 (95)
Net Company Growth
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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) Salford UK 2015 137 71,633 2014 67 68,352 Record Year 2015 (137) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 65 34 38 Net growth in 2014 15 25 27 Record Year 2015 (65) 2004 (47) 2007 (69)
UK Company Share
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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 2015 0.2% 2014 0.1% 2013 0.1% 2012 0.2% 2011 0.1% Record Year (since 1960) 1997 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.2% 0.1% UK formation share in 2014 0.1% 0.2% 0.1% % change 59.2% -9.0% 0.7% Record Year 1997 (0.3%) 1996 (0.3%) 1997 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ESTATES 1.70% CONSULTING 5.23% CONSULTING 1.42% MANAGEMENT 4.56% MANAGEMENT 1.42% CONSULTANCY 3.62% CONSTRUCTION 1.20% PROPERTY 2.72% CONSULTANCY 1.06% CONSTRUCTION 2.19% PROPERTIES 0.99% CARE 2.13% (NO.2) 0.85% ENGINEERING 2.12% BUSINESS 0.85% LONDON 1.91% PROPERTY 0.85% TRADING 1.88% TRADING 0.78% TRANSPORT 1.82% MANCHESTER 0.71% ELECTRICAL 1.76% CARE 0.71% DESIGN 1.65% ENGINEERING 0.71% PROPERTIES 1.63% ESTATE 0.71% CO., 1.58% WEST 0.64% J 1.55% REAL 0.64% CONSULTANTS 1.54% SALFORD 0.57% BUSINESS 1.49% TRANSPORT 0.57% INVESTMENTS 1.49% LOGISTICS 0.50% GLOBAL 1.46% ASSOCIATES 0.50% ASSOCIATES 1.44% TRADERS 0.50% DEVELOPMENTS 1.36% GROUP 0.50% BUILDING 1.31% HOUSE 0.43% IT 1.30% MEDIA 0.43% MEDIA 1.28% CIC 0.43% M 1.27%
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 516 288,953 70229 - Management consultancy activities other than financial management 94 43,081 99999 - Dormant Company 59 49,474 74909 - Other professional, scientific and technical activities not elsewhere classified 58 19,098 82990 - Other business support service activities not elsewhere classified 45 58,522 96090 - Other service activities not elsewhere classified 34 29,218 47910 - Retail sale via mail order houses or via Internet 32 10,200 62020 - Information technology consultancy activities 28 30,825 74990 - Non-trading company 27 13,794 68209 - Other letting and operating of own or leased real estate 23 11,600 68100 - Buying and selling of own real estate 23 7,450 86900 - Other human health activities 23 13,990 62090 - Other information technology service activities 21 12,862 47190 - Other retail sale in non-specialised stores 16 3,835 86101 - Hospital activities 15 5,043 68320 - Management of real estate on a fee or contract basis 14 6,154 56290 - Other food services 13 4,729 64999 - Financial intermediation not elsewhere classified 13 6,067 86210 - General medical practice activities 12 4,793 49410 - Freight transport by road 12 12,485
Recent Companies
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Randomly selected companies from this quarter
reports
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