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

  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 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)WiganUK
    2010173105,137
    200916691,034
    % change4.2%15.5%
    Record Year 2007 (231) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010525566
    New companies in 2009386365
    % change36.8%-12.7%1.5%
    Record Year2007 (62)2007 (81)2007 (88)

Closed Companies (dissolved)

  1. 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)WiganUK
    201013682,677
    2009133108,060
    % change2.3%-23.5%
    Record Year 2010 (136) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010343468
    Closed companies in 2009272779
    % change25.9%25.9%-14%
    Record Year2010 (34)2008 (45)2009 (79)

Net Company Growth

  1. 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)WiganUK
    20103722,460
    200933-17,026
    Record Year 2007 (150) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20101821-2
    Net growth in 20091136-14
    Record Year2004 (35)2007 (56)2007 (64)

UK Company Share

  1. 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
    20100.2%
    20090.2%
    20080.2%
    20070.1%
    20060.2%
    Record Year (since 1960) 1969 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.1%0.2%0.2%
    % change27.0%-25.2%-15.6%
    Record Year1969 (0.6%)1967 (0.4%)1969 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.64%MANAGEMENT5.01%
    CONSTRUCTION1.37%CONSULTING4.60%
    WIGAN1.37%CONSULTANCY2.87%
    CONSULTING1.09%PROPERTY2.50%
    TECKNA1.00%ASSOCIATES2.04%
    ELECTRICAL0.91%TRADING1.93%
    PROPERTIES0.91%DESIGN1.91%
    CONSULTANTS0.82%CONSTRUCTION1.87%
    (NW)0.82%MEDIA1.84%
    S0.82%BUSINESS1.74%
    PROPERTY0.82%INTERNATIONAL1.73%
    SYSTEMS0.73%CONSULTANTS1.63%
    HEATING0.73%ENGINEERING1.54%
    PLUMBING0.64%J1.48%
    M0.64%LONDON1.45%
    J0.64%INVESTMENTS1.45%
    COMMUNITY0.64%GROUP1.37%
    PLANT0.55%GLOBAL1.35%
    (WIGAN)0.55%PROPERTIES1.35%
    JOINERY0.55%BUILDING1.34%
    SUPPLIES0.55%CARE1.33%
    FINANCIAL0.55%ELECTRICAL1.30%
    WEST)0.55%M1.28%
    CENTRE0.55%SYSTEMS1.25%
    NORTH0.55%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied324228,645
    7487 - Other business activities9374,904
    9999 - Dormant Company2719,948
    7222 - Other software consultancy and supply239,659
    6024 - Freight transport by road233,665
    4521 - General construction & civil engineering239,325
    99999 - Dormant Company2113,808
    9305 - Other service activities219,038
    7499 - Non-trading company2115,398
    70229 - Management consultancy activities other than financial management1914,007
    7414 - Business & management consultancy1617,003
    62020 - Information technology consultancy activities169,943
    82990 - Other business support service activities not elsewhere classified1426,974
    62090 - Other information technology service activities136,340
    74909 - Other professional, scientific and technical activities not elsewhere classified127,143
    41100 - Development of building projects114,513
    4542 - Joinery installation101,298
    4533 - Plumbing101,848
    96090 - Other service activities not elsewhere classified108,154
    71121 - Engineering design activities for industrial process and production10677

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07171074 EARLS FUNCTION SUITES LTD. 26 Feb 2010
    07167512 COOCHY SERVICES LTD 24 Feb 2010
    07162709 DIRECT RIDER TRAINING LIMITED 19 Feb 2010
    07161884 NORTH WEST PREMIER STORAGE LTD 18 Feb 2010
    07153503 DASH CONSTRUCTION LIMITED 10 Feb 2010
    07153304 PURPLE HEATHER INVESTMENTS LTD 10 Feb 2010
    07148071 FIGUREHEAD HOMES LIMITED 05 Feb 2010
    07169699 UK IT ZONE LTD 25 Feb 2010
    07162283 REACT ELECTRICAL (NW) LTD 18 Feb 2010
    07143453 OMEGA POINT MANAGEMENT LIMITED 02 Feb 2010
    07141620 URBAN ALLEY LIMITED 01 Feb 2010
    07141512 IBN LOCAL LIMITED 01 Feb 2010
    07149666 R E M HEALTH & SAFETY CONSULTANCIES LTD 08 Feb 2010
    07156204 AJA CARE LIMITED 12 Feb 2010
    07153992 HONEYSUCKLE INN LIMITED 11 Feb 2010
    07171763 CAMBIO CONSULTING LTD 26 Feb 2010
    07170032 COOK & DAVIES LOSS ASSESSORS LTD 25 Feb 2010
    07158050 PAUL SCULTHORPE RUGBY LEAGUE SKILLS AND DEVELOPMENT LIMITED 15 Feb 2010
    07157292 AMERICAN ACADEMY LTD 15 Feb 2010
    07151628 ACK FINANCIAL LIMITED 09 Feb 2010
    07170702 NORTH WEST ELECTRICAL DISTRIBUTORS LIMITED 26 Feb 2010
    07168861 FOY SECURITY LTD 25 Feb 2010
    07148014 TYRRELL ASSOCIATES LTD 05 Feb 2010
    07164774 TREE EDUCATION CONSULTING LTD 22 Feb 2010
    07146030 ZOOSOUP LIMITED 04 Feb 2010