Wigan, Greater Manchester
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company closures in Wigan when compared to any previous Q1.
- January 2011 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 2011)
A total of 211 companies were registered in Wigan during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 22.0% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Wigan UK 2011 211 116,391 2010 173 105,137 % change 22.0% 10.7% Record Year 2007 (231) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 56 77 78 New companies in 2010 52 55 66 % change 7.7% 40.0% 18.2% Record Year 2007 (62) 2007 (81) 2007 (88)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company closures in Wigan when compared to any previous Q1.
A total of 161 companies were dissolved in Wigan during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 18.4% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Wigan UK 2011 161 90,986 2010 136 82,677 % change 18.4% 10.0% Record Year 2011 (161) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 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 2011 57 40 64 Closed companies in 2010 34 34 68 % change 67.6% 17.6% -6% Record Year 2011 (57) 2008 (45) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Wigan during the first quarter of 2011 (Jan 2011 - Mar 2011) was 50 companies.
first quarter (Jan 2011 - Mar 2011) Wigan UK 2011 50 25,405 2010 37 22,460 Record Year 2007 (150) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -1 37 14 Net growth in 2010 18 21 -2 Record Year 2004 (35) 2007 (56) 2007 (64)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Wigan formed 0.2% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Wigan 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.1% Record Year (since 1960) 1969 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.2% 0.2% 0.2% % change -7.1% 23.1% 12.7% Record Year 1969 (0.6%) 1967 (0.4%) 1969 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.2.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Wigan was in 1861 when 40.0% of all directors were female.
31.8% of all director appointments in Wigan in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.68% CONSULTING 5.04% (WIGAN) 1.43% MANAGEMENT 4.97% CONSULTANCY 1.43% CONSULTANCY 3.16% BUILDING 1.35% PROPERTY 2.38% (NW) 1.26% TRADING 2.10% WIGAN 1.18% DESIGN 1.93% ENGINEERING 1.09% ASSOCIATES 1.92% ELECTRICAL 1.09% BUSINESS 1.87% PROPERTY 1.09% CONSTRUCTION 1.80% MEDIA 0.93% CONSULTANTS 1.76% CIC 0.76% MEDIA 1.69% NORTH 0.76% ENGINEERING 1.61% WEST 0.76% LONDON 1.60% WEST) 0.67% CARE 1.45% TRANSPORT 0.67% J 1.45% (NORTH 0.67% GLOBAL 1.44% CONSULTING 0.67% INVESTMENTS 1.43% CONSTRUCTION 0.67% IT 1.41% PLUMBING 0.59% PROPERTIES 1.36% HEATING 0.59% BUILDING 1.34% P 0.59% M 1.30% SCHOOL 0.59% ELECTRICAL 1.28% J 0.59% S 1.24% TRAINING 0.59% INTERNATIONAL 1.23% C.I.C. 0.59% SYSTEMS 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 356 202,798 7487 - Other business activities 76 60,968 9999 - Dormant Company 40 19,765 99999 - Dormant Company 26 18,336 82990 - Other business support service activities not elsewhere classified 19 30,253 7499 - Non-trading company 19 11,316 9305 - Other service activities 18 8,740 7414 - Business & management consultancy 18 12,916 41100 - Development of building projects 17 3,921 4521 - General construction & civil engineering 17 6,183 70229 - Management consultancy activities other than financial management 16 16,150 6024 - Freight transport by road 15 2,299 62020 - Information technology consultancy activities 15 10,246 74909 - Other professional, scientific and technical activities not elsewhere classified 15 7,788 62090 - Other information technology service activities 15 6,996 5248 - Other retail specialised stores 14 1,957 96090 - Other service activities not elsewhere classified 13 10,085 7222 - Other software consultancy and supply 13 7,000 43210 - Electrical installation 11 3,172 5020 - Maintenance & repair of motors 11 1,397
Recent Companies
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Randomly selected companies from this quarter
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