Wigan, Greater Manchester
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Wigan when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 676 companies were formed in Wigan in 2010. This total is 3.7% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Wigan UK 2010 676 400,358 2009 652 362,675 2008 645 349,203 2007 671 457,649 2006 588 405,440 Record Year 2003 (726) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 325 companies were formed in Wigan. This figure is 4.8% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Wigan occurred in 2003 when a total of 367 were formed.
Half Year (Jul-Dec) Wigan UK 2010 325 196,609 2009 310 180,654 % change 4.8% 8.8% Record Year 2003 (367) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 157 companies were registered in Wigan during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 7.5% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Wigan UK 2010 157 95,117 2009 146 85,983 % change 7.5% 10.6% Record Year 2003 (188) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 57 59 41 New companies in 2009 52 55 39 % change 9.6% 7.3% 5.1% Record Year 2003 (70) 2003 (66) 2003 (52)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 534 companies were dissolved in Wigan in 2010. This total is 24.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Wigan UK 2010 534 342,232 2009 703 533,773 2008 309 237,901 2007 323 220,295 2006 324 200,166 Record Year 2009 (703) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 257 companies were dissolved in Wigan. This figure is 17.1% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Wigan occurred in 2009 when a total of 310 were closed.
Half Year (Jul-Dec) Wigan UK 2010 257 164,601 2009 310 244,537 % change -17.1% -32.7% Record Year 2009 (310) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 119 companies were dissolved in Wigan during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 9.2% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Wigan UK 2010 119 76,896 2009 131 85,136 % change -9.2% -9.7% Record Year 2009 (131) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Wigan when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 41 58 20 Closed companies in 2009 41 34 56 % change 0.0% 70.6% -64% Record Year 2010 (41) 2010 (58) 2009 (56)
Net Company Growth
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Annual Data (2010)
A total of 142 companies were added to the company register for Wigan in 2010. This number represents growth of 21.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 193 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Wigan company register grew by 476 companies.
Year Wigan UK 2010 142 58,126 2009 -51 -171,098 2008 336 111,302 2007 348 237,354 2006 264 205,274 Record Year 2003 (476) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Wigan increased by 68 companies.
Half Year (Jul-Dec) Wigan UK 2010 68 32,008 2009 0 -63,883 Record Year 2003 (239) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Wigan during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 38 companies.
fourth quarter (Oct 2010 - Dec 2010) Wigan UK 2010 38 18,221 2009 15 847 Record Year 2003 (124) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 16 1 21 Net growth in 2009 11 21 -17 Record Year 2003 (54) 2003 (36) 2003 (34)
UK Company Share
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Annual Data (2010)
In 2010 Wigan formed 0.2% of all UK companies. This is no change on 2009 when Wigan was responsible for 0.2% of all UK companies.
Year Wigan 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Wigan formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jul-Dec) Wigan 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.2% Record Year (since 1960) 1961 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Wigan formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Wigan 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1961 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -4.0% -4.1% 0.0% Record Year 1985 (0.5%) 1961 (0.7%) 1961 (0.4%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.3.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 43.4.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 42.5.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Wigan was 1857 when 36.4% of all directors were female.
The percentage of female directors in Wigan in 2010 was 27.8%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Wigan was 1860 when 42.9% of all directors were female.
26.6% of all director appointments in Wigan in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Wigan was in 1977 when 31.1% of all directors were female.
29.4% of all director appointments in Wigan in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.34% CONSULTING 5.06% (NW) 1.25% MANAGEMENT 5.01% (WIGAN) 1.25% CONSULTANCY 3.14% WIGAN 1.25% PROPERTY 2.36% CONSULTANCY 1.16% TRADING 2.11% ELECTRICAL 1.07% ASSOCIATES 1.95% BUILDING 1.07% DESIGN 1.92% ENGINEERING 1.07% BUSINESS 1.82% CONSULTING 0.98% CONSTRUCTION 1.82% PROPERTY 0.98% CONSULTANTS 1.76% WEST) 0.89% MEDIA 1.71% NORTH 0.80% ENGINEERING 1.62% (NORTH 0.80% LONDON 1.60% WEST 0.80% CARE 1.45% TRAINING 0.71% INVESTMENTS 1.44% SYSTEMS 0.71% GLOBAL 1.43% PROPERTIES 0.71% J 1.42% CENTRE 0.71% IT 1.41% NW 0.71% PROPERTIES 1.34% J 0.71% INTERNATIONAL 1.34% SECURITY 0.71% BUILDING 1.34% HEATING 0.71% M 1.30% TRANSPORT 0.71% ELECTRICAL 1.25% CONSTRUCTION 0.62% SYSTEMS 1.24% CARE 0.62% 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 344 199,572 7487 - Other business activities 73 63,348 9999 - Dormant Company 37 20,144 99999 - Dormant Company 22 16,285 7414 - Business & management consultancy 20 13,474 7499 - Non-trading company 20 12,000 9305 - Other service activities 19 8,858 4521 - General construction & civil engineering 18 6,598 82990 - Other business support service activities not elsewhere classified 18 27,550 70229 - Management consultancy activities other than financial management 17 14,505 62090 - Other information technology service activities 15 6,330 74909 - Other professional, scientific and technical activities not elsewhere classified 15 7,088 6024 - Freight transport by road 15 2,401 7222 - Other software consultancy and supply 15 7,298 5248 - Other retail specialised stores 14 2,016 41100 - Development of building projects 14 3,765 62020 - Information technology consultancy activities 13 9,177 49410 - Freight transport by road 11 2,008 43210 - Electrical installation 10 2,980 4542 - Joinery installation 10 956
Recent Companies
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Randomly selected companies from this quarter
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