Wigan, Greater Manchester
Q1 2010 Business Confidence Report
Headlines
- Q1 2010 saw a new record in company closures in Wigan when compared to any previous Q1.
- January 2010 saw a new record in company closures in Wigan when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 173 companies were registered in Wigan during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 4.2% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Wigan UK 2010 173 105,137 2009 166 91,034 % change 4.2% 15.5% Record Year 2007 (231) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 52 55 66 New companies in 2009 38 63 65 % change 36.8% -12.7% 1.5% Record Year 2007 (62) 2007 (81) 2007 (88)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
Q1 2010 saw a new record in company closures in Wigan when compared to any previous Q1.
A total of 136 companies were dissolved in Wigan during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 2.3% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Wigan UK 2010 136 82,677 2009 133 108,060 % change 2.3% -23.5% Record Year 2010 (136) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
January 2010 saw a new record in company closures in Wigan when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 34 34 68 Closed companies in 2009 27 27 79 % change 25.9% 25.9% -14% Record Year 2010 (34) 2008 (45) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Wigan during the first quarter of 2010 (Jan 2010 - Mar 2010) was 37 companies.
first quarter (Jan 2010 - Mar 2010) Wigan UK 2010 37 22,460 2009 33 -17,026 Record Year 2007 (150) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 18 21 -2 Net growth in 2009 11 36 -14 Record Year 2004 (35) 2007 (56) 2007 (64)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Wigan formed 0.2% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Wigan 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.2% Record Year (since 1960) 1969 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.1% 0.2% 0.2% % change 27.0% -25.2% -15.6% Record Year 1969 (0.6%) 1967 (0.4%) 1969 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.1.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Wigan was in 1861 when 40.0% of all directors were female.
24.6% of all director appointments in Wigan in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.64% MANAGEMENT 5.01% CONSTRUCTION 1.37% CONSULTING 4.60% WIGAN 1.37% CONSULTANCY 2.87% CONSULTING 1.09% PROPERTY 2.50% TECKNA 1.00% ASSOCIATES 2.04% ELECTRICAL 0.91% TRADING 1.93% PROPERTIES 0.91% DESIGN 1.91% CONSULTANTS 0.82% CONSTRUCTION 1.87% (NW) 0.82% MEDIA 1.84% S 0.82% BUSINESS 1.74% PROPERTY 0.82% INTERNATIONAL 1.73% SYSTEMS 0.73% CONSULTANTS 1.63% HEATING 0.73% ENGINEERING 1.54% PLUMBING 0.64% J 1.48% M 0.64% LONDON 1.45% J 0.64% INVESTMENTS 1.45% COMMUNITY 0.64% GROUP 1.37% PLANT 0.55% GLOBAL 1.35% (WIGAN) 0.55% PROPERTIES 1.35% JOINERY 0.55% BUILDING 1.34% SUPPLIES 0.55% CARE 1.33% FINANCIAL 0.55% ELECTRICAL 1.30% WEST) 0.55% M 1.28% CENTRE 0.55% SYSTEMS 1.25% NORTH 0.55% S 1.23%
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 324 228,645 7487 - Other business activities 93 74,904 9999 - Dormant Company 27 19,948 7222 - Other software consultancy and supply 23 9,659 6024 - Freight transport by road 23 3,665 4521 - General construction & civil engineering 23 9,325 99999 - Dormant Company 21 13,808 9305 - Other service activities 21 9,038 7499 - Non-trading company 21 15,398 70229 - Management consultancy activities other than financial management 19 14,007 7414 - Business & management consultancy 16 17,003 62020 - Information technology consultancy activities 16 9,943 82990 - Other business support service activities not elsewhere classified 14 26,974 62090 - Other information technology service activities 13 6,340 74909 - Other professional, scientific and technical activities not elsewhere classified 12 7,143 41100 - Development of building projects 11 4,513 4542 - Joinery installation 10 1,298 4533 - Plumbing 10 1,848 96090 - Other service activities not elsewhere classified 10 8,154 71121 - Engineering design activities for industrial process and production 10 677
Recent Companies
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Randomly selected companies from this quarter
reports
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