Wigan, Greater Manchester
Q1 2014 Business Confidence Report
Headlines
- February 2014 saw a new record in company closures in Wigan when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 231 companies were registered in Wigan during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 0.4% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Wigan UK 2014 231 150,722 2013 232 134,802 % change -0.4% 11.8% Record Year 2012 (253) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 63 86 82 New companies in 2013 77 71 84 % change -18.2% 21.1% -2.4% Record Year 2013 (77) 2012 (94) 2012 (89)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 128 companies were dissolved in Wigan during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 1.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Wigan UK 2014 128 82,370 2013 126 77,914 % change 1.6% 5.7% Record Year 2011 (162) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Wigan when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 41 45 42 Closed companies in 2013 61 31 34 % change -32.8% 45.2% 24% Record Year 2013 (61) 2014 (45) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Wigan during the first quarter of 2014 (Jan 2014 - Mar 2014) was 103 companies.
first quarter (Jan 2014 - Mar 2014) Wigan UK 2014 103 68,352 2013 106 56,888 Record Year 2012 (153) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 22 41 40 Net growth in 2013 16 40 50 Record Year 2004 (35) 2007 (57) 2012 (67)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Wigan formed 0.2% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Wigan 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2012 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.2% 0.1% UK formation share in 2013 0.2% 0.2% 0.2% % change -23.5% 11.8% -18.5% Record Year 2004 (0.2%) 2009 (0.2%) 1992 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 43.9.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Wigan was in 2006 when 37.6% of all directors were female.
29.0% of all director appointments in Wigan in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage WIGAN 1.49% CONSULTING 5.22% (NW) 1.20% MANAGEMENT 4.67% CONSULTANCY 1.13% CONSULTANCY 3.49% MANAGEMENT 1.06% PROPERTY 2.64% CONSULTING 1.06% TRADING 2.05% PROPERTIES 1.06% LONDON 1.88% TRANSPORT 0.85% ENGINEERING 1.86% J 0.78% CARE 1.79% TRAINING 0.78% CONSTRUCTION 1.75% ENERGY 0.78% DESIGN 1.75% BUSINESS 0.71% CONSULTANTS 1.73% CIC 0.71% BUSINESS 1.71% SYSTEMS 0.64% PROPERTIES 1.60% S 0.64% INVESTMENTS 1.60% C 0.57% GLOBAL 1.58% DEVELOPMENTS 0.57% J 1.48% PLUMBING 0.57% ASSOCIATES 1.48% HEATING 0.57% MEDIA 1.48% PROPERTY 0.57% IT 1.33% D 0.57% TRANSPORT 1.30% COMMUNITY 0.57% DEVELOPMENTS 1.29% NORTH 0.57% BUILDING 1.24% ASSOCIATES 0.57% M 1.21% ELECTRICAL 0.50% CAPITAL 1.20% GROUP 0.50% ELECTRICAL 1.19%
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 449 280,210 99999 - Dormant Company 70 47,084 70229 - Management consultancy activities other than financial management 50 37,882 82990 - Other business support service activities not elsewhere classified 48 56,411 62020 - Information technology consultancy activities 40 27,750 43999 - Other specialised construction activities not elsewhere classified 38 8,155 74909 - Other professional, scientific and technical activities not elsewhere classified 35 18,491 96090 - Other service activities not elsewhere classified 34 26,700 49410 - Freight transport by road 31 8,014 62090 - Other information technology service activities 28 12,813 86900 - Other human health activities 25 10,273 56302 - Public houses and bars 25 5,732 52290 - Other transportation support activities 23 1,222 41100 - Development of building projects 22 9,855 45200 - Maintenance and repair of motor vehicles 20 5,130 68209 - Other letting and operating of own or leased real estate 20 9,284 43390 - Other building completion and finishing 19 5,521 56103 - Take-away food shops and mobile food stands 17 7,300 43220 - Plumbing, heat and air-conditioning installation 17 4,866 43210 - Electrical installation 16 5,885
Recent Companies
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Randomly selected companies from this quarter
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