Stockport, Greater Manchester

2014 Annual Business Confidence Report

Headlines

  • December 2014 saw a new record in company closures in Stockport when compared to any previous December.
  • The record second half year for female directors in Stockport was 2014 when 26.7% of all directors were female.

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)

    A total of 2,311 companies were formed in Stockport in 2014. This total is 12.1% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearStockportUK
    20142,311582,051
    20132,062529,363
    20122,369491,893
    20112,937452,870
    20103,387400,358
    Record Year2010 (3,387)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,064 companies were formed in Stockport. This figure is 9.1% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Stockport occurred in 2010 when a total of 1,677 were formed.

    Half Year (Jul-Dec)StockportUK
    20141,064281,320
    2013975259,931
    % change9.1%8.2%
    Record Year2010 (1,677)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 539 companies were registered in Stockport during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 18.5% versus the same period last year (Q4 2013). This figure compares well 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)StockportUK
    2014539137,906
    2013455127,247
    % change18.5%8.4%
    Record Year 2009 (838) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014205175159
    New companies in 2013181143131
    % change13.3%22.4%21.4%
    Record Year2009 (283)2009 (296)2009 (259)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 2,393 companies were dissolved in Stockport in 2014. This total is 1.2% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearStockportUK
    20142,393367,937
    20132,422332,213
    20122,403293,729
    20112,372314,524
    20102,189342,233
    Record Year2009 (2,760)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,198 companies were dissolved in Stockport. This figure is 4.5% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Stockport occurred in 2013 when a total of 1,254 were closed.

    Half Year (Jul-Dec)StockportUK
    20141,198190,730
    20131,254177,021
    % change-4.5%7.7%
    Record Year2013 (1,254)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 589 companies were dissolved in Stockport during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 9.4% 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)StockportUK
    201458989,060
    201365090,851
    % change-9.4%-2.0%
    Record Year 2013 (650) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Stockport when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014155182252
    Closed companies in 2013250206194
    % change-38.0%-11.7%30%
    Record Year2012 (275)2011 (235)2014 (252)

Net Company Growth

  1. Annual Data (2014)

    A total of -82 companies were removed to the company register for Stockport in 2014. This number represents decline of 3.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 278 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Stockport company register grew by 1,848 companies.

    YearStockportUK
    2014-82214,114
    2013-360197,150
    2012-34198,164
    2011565138,346
    20101,19858,125
    Record Year2007 (1,848)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Stockport decreased by 134 companies.

    Half Year (Jul-Dec)StockportUK
    2014-13490,590
    2013-27982,910
    Record Year2008 (802)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Stockport during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was -50 companies.

    fourth quarter (Oct 2014 - Dec 2014)StockportUK
    2014-5048,846
    2013-19536,396
    Record Year 2008 (421) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201450-7-93
    Net growth in 2013-69-63-63
    Record Year2008 (223)2009 (147)2010 (164)

UK Company Share

  1. Annual Data (2014)

    In 2014 Stockport formed 0.4% of all UK companies. This is no change on 2013 when Stockport was responsible for 0.4% of all UK companies.

    YearStockport
    20140.4%
    20130.4%
    20120.5%
    20110.6%
    20100.8%
    Record Year (since 1960)2009 (0.9%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Stockport formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jul-Dec)Stockport
    20140.4%
    20130.4%
    20120.5%
    20110.6%
    20100.9%
    Record Year (since 1960) 2009 (0.9%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Stockport formed 0.4% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Stockport
    20140.4%
    20130.4%
    20120.4%
    20110.6%
    20100.8%
    Record Year (since 1960) 2009 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.4%0.3%0.4%
    % change7.7%16.2%3.9%
    Record Year2009 (1.0%)2009 (1.0%)2009 (1.0%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.0.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.3% 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 44.1.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.2% 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 44.4.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.1% 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 Stockport was 1989 when 71.4% of all directors were female.

    The percentage of female directors in Stockport in 2014 was 26.0%. 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 Stockport was 2014 when 26.7% of all directors were female.

    26.7% of all director appointments in Stockport 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 Stockport was in 2005 when 26.4% of all directors were female.

    24.9% of all director appointments in Stockport 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
    CONSULTING1.78%CONSULTING5.22%
    MANAGEMENT1.56%MANAGEMENT4.58%
    CONSULTANCY1.44%CONSULTANCY3.57%
    PROPERTY0.80%PROPERTY2.66%
    TRADING0.64%CONSTRUCTION2.12%
    NORWAY0.61%ENGINEERING2.10%
    MEDIA0.58%CARE2.02%
    ENGINEERING0.55%TRADING1.94%
    CONSULTANTS0.55%LONDON1.93%
    DEVELOPMENTS0.52%TRANSPORT1.93%
    PROPERTIES0.52%DESIGN1.66%
    MARKETING0.52%CONSULTANTS1.64%
    DESIGN0.52%ELECTRICAL1.62%
    CONSTRUCTION0.52%PROPERTIES1.62%
    ASSOCIATES0.49%BUSINESS1.56%
    S0.46%J1.54%
    IT0.46%CO.,1.50%
    CARE0.46%GLOBAL1.49%
    RECRUITMENT0.43%INVESTMENTS1.48%
    BUSINESS0.43%ASSOCIATES1.47%
    ENTERPRISES0.43%DEVELOPMENTS1.35%
    J0.43%MEDIA1.33%
    STOCKPORT0.43%IT1.31%
    CATERING0.40%BUILDING1.29%
    SERVICE0.40%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,170265,608
    82990 - Other business support service activities not elsewhere classified62858,068
    99999 - Dormant Company18048,509
    70229 - Management consultancy activities other than financial management17042,290
    96090 - Other service activities not elsewhere classified11629,009
    62020 - Information technology consultancy activities11330,178
    74909 - Other professional, scientific and technical activities not elsewhere classified8019,049
    56103 - Take-away food shops and mobile food stands618,318
    86900 - Other human health activities4412,976
    47910 - Retail sale via mail order houses or via Internet4310,107
    68209 - Other letting and operating of own or leased real estate4211,212
    41100 - Development of building projects3911,397
    62090 - Other information technology service activities3912,837
    62012 - Business and domestic software development379,752
    63990 - Other information service activities not elsewhere classified366,157
    74990 - Non-trading company3413,984
    56302 - Public houses and bars326,285
    43999 - Other specialised construction activities not elsewhere classified328,761
    69201 - Accounting and auditing activities327,528
    68100 - Buying and selling of own real estate307,106

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09295802 LOQUORTEK LIMITED 05 Nov 2014
    09310256 1ST SECURITY (MCR) LTD 13 Nov 2014
    09316856 NM MAINTENANCE (STOCKPORT) LIMITED 18 Nov 2014
    09321572 OLEXUS LTD 20 Nov 2014
    09322363 KARS 36 LIMITED 21 Nov 2014
    09323239 LEADING EDGE ENGINEERING DESIGN LIMITED 21 Nov 2014
    09325267 VEHICLE SOLUTIONS LEASING LIMITED 24 Nov 2014
    09332816 CONTRAST RECRUITMENT LIMITED 28 Nov 2014
    09294229 K & SP CONSULTANCY LIMITED 04 Nov 2014
    09304232 AFFORD-A-STORE LIMITED 10 Nov 2014
    09312685 THREE BY THREE PRODUCTIONS LIMITED 14 Nov 2014
    09312792 JW DISTRIBUTION AND LOGISTICS LTD 17 Nov 2014
    09316279 LAPOP LTD 18 Nov 2014
    09318872 IXION CREATIONS LIMITED 19 Nov 2014
    09321053 SAFIRETY LTD 20 Nov 2014
    09322885 WATCH THE HORIZON LTD 21 Nov 2014
    09329661 SECURE PROPERTY BIDS LIMITED 26 Nov 2014
    09329811 JOHNSTON ELECTRICAL (CHESHIRE) LIMITED 27 Nov 2014
    09297286 TIDEWAY CONSULTING LTD 05 Nov 2014
    09299583 RECYCLEBEES LIMITED 06 Nov 2014
    09309271 SMART SMILE CLINIC LIMITED 13 Nov 2014
    09313071 GREEN DEMOLITION & REMEDIATION LIMITED 17 Nov 2014
    09319125 IZMIR 35 LIMITED 19 Nov 2014
    09320669 TRADE ASSIST LTD 20 Nov 2014
    09322551 ALPHABOND (HOLDINGS) LIMITED 21 Nov 2014