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

  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 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)WiganUK
    2014231150,722
    2013232134,802
    % change-0.4%11.8%
    Record Year 2012 (253) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014638682
    New companies in 2013777184
    % change-18.2%21.1%-2.4%
    Record Year2013 (77)2012 (94)2012 (89)

Closed Companies (dissolved)

  1. 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)WiganUK
    201412882,370
    201312677,914
    % change1.6%5.7%
    Record Year 2011 (162) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2014414542
    Closed companies in 2013613134
    % change-32.8%45.2%24%
    Record Year2013 (61)2014 (45)2009 (79)

Net Company Growth

  1. 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)WiganUK
    201410368,352
    201310656,888
    Record Year 2012 (153) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014224140
    Net growth in 2013164050
    Record Year2004 (35)2007 (57)2012 (67)

UK Company Share

  1. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.2%0.1%
    UK formation share in 20130.2%0.2%0.2%
    % change-23.5%11.8%-18.5%
    Record Year2004 (0.2%)2009 (0.2%)1992 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    WIGAN1.49%CONSULTING5.22%
    (NW)1.20%MANAGEMENT4.67%
    CONSULTANCY1.13%CONSULTANCY3.49%
    MANAGEMENT1.06%PROPERTY2.64%
    CONSULTING1.06%TRADING2.05%
    PROPERTIES1.06%LONDON1.88%
    TRANSPORT0.85%ENGINEERING1.86%
    J0.78%CARE1.79%
    TRAINING0.78%CONSTRUCTION1.75%
    ENERGY0.78%DESIGN1.75%
    BUSINESS0.71%CONSULTANTS1.73%
    CIC0.71%BUSINESS1.71%
    SYSTEMS0.64%PROPERTIES1.60%
    S0.64%INVESTMENTS1.60%
    C0.57%GLOBAL1.58%
    DEVELOPMENTS0.57%J1.48%
    PLUMBING0.57%ASSOCIATES1.48%
    HEATING0.57%MEDIA1.48%
    PROPERTY0.57%IT1.33%
    D0.57%TRANSPORT1.30%
    COMMUNITY0.57%DEVELOPMENTS1.29%
    NORTH0.57%BUILDING1.24%
    ASSOCIATES0.57%M1.21%
    ELECTRICAL0.50%CAPITAL1.20%
    GROUP0.50%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied449280,210
    99999 - Dormant Company7047,084
    70229 - Management consultancy activities other than financial management5037,882
    82990 - Other business support service activities not elsewhere classified4856,411
    62020 - Information technology consultancy activities4027,750
    43999 - Other specialised construction activities not elsewhere classified388,155
    74909 - Other professional, scientific and technical activities not elsewhere classified3518,491
    96090 - Other service activities not elsewhere classified3426,700
    49410 - Freight transport by road318,014
    62090 - Other information technology service activities2812,813
    86900 - Other human health activities2510,273
    56302 - Public houses and bars255,732
    52290 - Other transportation support activities231,222
    41100 - Development of building projects229,855
    45200 - Maintenance and repair of motor vehicles205,130
    68209 - Other letting and operating of own or leased real estate209,284
    43390 - Other building completion and finishing195,521
    56103 - Take-away food shops and mobile food stands177,300
    43220 - Plumbing, heat and air-conditioning installation174,866
    43210 - Electrical installation165,885

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08921072 MSB BUSINESS SERVICES LTD 04 Mar 2014
    08929204 CHEETHAMS STORES 1 LIMITED 07 Mar 2014
    08932347 CLOUD EXPLORERS LTD 11 Mar 2014
    08937505 WINDOWS AND DOORS DIRECT LIMITED 13 Mar 2014
    08938003 BELL ADVISORY LIMITED 13 Mar 2014
    08943944 ALLT LAIRIG HYDRO LIMITED 18 Mar 2014
    08944583 ALLT MEURAIN HYDRO LIMITED 18 Mar 2014
    08945627 ALLT CORALAN 2014 LIMITED 18 Mar 2014
    08967084 BOND ESTATE AGENTS (NW) LTD 31 Mar 2014
    08940227 ISPY LIMITED 14 Mar 2014
    08945036 ROADS N CONES LTD 18 Mar 2014
    08960408 DTM DRAINAGE SOLUTIONS LIMITED 26 Mar 2014
    08925451 L'AMORE PIZZA LIMITED 06 Mar 2014
    08966540 RAINFORD VEHICLES LIMITED 31 Mar 2014
    08919930 HIGHER END CONSTRUCTION LIMITED 03 Mar 2014
    08920841 BMS HEALTHCARE LTD 04 Mar 2014
    08923818 TURFBURN LIMITED 05 Mar 2014
    08923882 LANDEYE CONSTRUCTION LIMITED 05 Mar 2014
    08928179 A & B REMOVALS LIMITED 07 Mar 2014
    08939230 YOURLOCUMCHIRO LTD 14 Mar 2014
    08952839 CERTUS ESTATE SERVICES LTD 21 Mar 2014
    08963873 G D ALKER SERVICES LTD 27 Mar 2014
    08935010 SUPREME WINDOWS & CONSERVATORIES WIGAN LTD 12 Mar 2014
    08938034 SDW HEATING LIMITED 13 Mar 2014
    08963281 JB LETTINGS & PROPERTY MANAGEMENT LTD 27 Mar 2014