Bradford, West Yorkshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Bradford when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Bradford when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Bradford when compared to any previous February.
  • January 2014 saw a new record in company registrations in Bradford when compared to any previous January.
  • February 2014 saw a new record in company closures in Bradford when compared to any previous February.
  • January 2014 saw a new record in net growth in Bradford 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 2014)

    Q1 2014 saw a new record in company registrations in Bradford when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Bradford when compared to any quarter in history.

    A total of 631 companies were registered in Bradford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 18.2% versus the same period last year (Q1 2013). This figure compares well 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)BradfordUK
    2014631150,722
    2013534134,802
    % change18.2%11.8%
    Record Year 2014 (631) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Bradford when compared to any previous February.

    January 2014 saw a new record in company registrations in Bradford when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014221213197
    New companies in 2013189162183
    % change16.9%31.5%7.7%
    Record Year2014 (221)2014 (213)2012 (216)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 359 companies were dissolved in Bradford during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 35.0% versus the same period last year (Q1 2013). This figure compares poorly 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)BradfordUK
    201435982,370
    201326677,914
    % change35.0%5.7%
    Record Year 2014 (359) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Bradford when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014104128127
    Closed companies in 20131633766
    % change-36.2%245.9%92%
    Record Year2013 (163)2014 (128)2009 (257)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Bradford during the first quarter of 2014 (Jan 2014 - Mar 2014) was 272 companies.

    first quarter (Jan 2014 - Mar 2014)BradfordUK
    201427268,352
    201326856,888
    Record Year 2012 (305) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in net growth in Bradford when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20141178570
    Net growth in 201326125117
    Record Year2014 (117)2013 (125)2012 (135)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Bradford formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Bradford
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2012 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.5%0.4%0.4%
    UK formation share in 20130.4%0.4%0.4%
    % change9.4%21.4%-10.2%
    Record Year1955 (1.0%)2009 (0.5%)1982 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 40.7.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 6.3% 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 Bradford was in 2005 when 29.7% of all directors were female.

    22.4% of all director appointments in Bradford 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
    BUSINESS1.12%CONSULTING5.22%
    YORKSHIRE1.12%MANAGEMENT4.67%
    MANAGEMENT1.08%CONSULTANCY3.49%
    BRADFORD1.05%PROPERTY2.64%
    CONSULTANCY1.02%TRADING2.05%
    PROPERTIES0.96%LONDON1.88%
    S0.86%ENGINEERING1.86%
    (YORKSHIRE)0.86%CARE1.79%
    CONSULTANTS0.83%CONSTRUCTION1.75%
    TRADING0.77%DESIGN1.75%
    PROPERTY0.70%CONSULTANTS1.73%
    PUB0.70%BUSINESS1.71%
    CARE0.67%PROPERTIES1.60%
    CONSULTING0.64%INVESTMENTS1.60%
    (BRADFORD)0.61%GLOBAL1.58%
    CENTRE0.57%J1.48%
    MEDIA0.51%ASSOCIATES1.48%
    GLOBAL0.51%MEDIA1.48%
    IT0.45%IT1.33%
    MARKETING0.45%TRANSPORT1.30%
    ENTERPRISES0.45%DEVELOPMENTS1.29%
    D0.45%BUILDING1.24%
    R0.45%M1.21%
    INVESTMENTS0.41%CAPITAL1.20%
    TRADERS0.41%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,506280,210
    56302 - Public houses and bars1615,732
    99999 - Dormant Company15247,084
    82990 - Other business support service activities not elsewhere classified15056,411
    96090 - Other service activities not elsewhere classified10126,700
    70229 - Management consultancy activities other than financial management6837,882
    62020 - Information technology consultancy activities6227,750
    86900 - Other human health activities5010,273
    56103 - Take-away food shops and mobile food stands457,300
    62090 - Other information technology service activities4312,813
    74909 - Other professional, scientific and technical activities not elsewhere classified4318,491
    45112 - Sale of used cars and light motor vehicles413,177
    68209 - Other letting and operating of own or leased real estate409,284
    47910 - Retail sale via mail order houses or via Internet409,358
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating373,708
    47990 - Other retail sale not in stores, stalls or markets335,988
    45200 - Maintenance and repair of motor vehicles305,130
    62012 - Business and domestic software development309,509
    85590 - Other education not elsewhere classified275,876
    74990 - Non-trading company2714,135

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08920715 HYDE PARK FOODS LEEDS LIMITED 04 Mar 2014
    08922129 MARTHASHUT LIMITED 04 Mar 2014
    08923086 NISA NUTRITION LIMITED 05 Mar 2014
    08933832 A BOUNCY CASTLE COMPANY LIMITED 11 Mar 2014
    08942544 B&W RECYCLING LIMITED 17 Mar 2014
    08946003 ABAS RETAIL LIMITED 19 Mar 2014
    08950917 DALE ESTATE (ROCHDALE) LIMITED 20 Mar 2014
    08954373 STATION ROAD PUBS LIMITED 24 Mar 2014
    08961983 ABSOLUTE MARKETING AND RECRUITMENT SOLUTIONS UK LIMITED 27 Mar 2014
    08966003 BAILEY PUB COMPANY LIMITED 28 Mar 2014
    08955968 EXPRESS AUTOMOTIVE (UK) LTD 24 Mar 2014
    08918476 VOLTECH SOLUTIONS LTD 03 Mar 2014
    08930820 T.C.O U.K T/A PEKING NEW CHEF LIMITED 10 Mar 2014
    08932730 AD INDUSTRIAL FLOORING LTD 11 Mar 2014
    08936285 SUPREME ACCOUNTANTS LIMITED 12 Mar 2014
    08936430 ASGHAR & SONS LIMITED 12 Mar 2014
    08936495 TRENT PROPERTIES (UK) LTD 12 Mar 2014
    08958950 CHAKUNGRAO THAI RESTAURANT LTD 25 Mar 2014
    08967536 HUSSAIN DAD HD & CO LIMITED 31 Mar 2014
    08932700 AUTO MINTED LTD 11 Mar 2014
    08942716 GLOBAL MEDIA PROCUREMENT LIMITED 17 Mar 2014
    08953458 KINDER HAVEN NURSERIES LIMITED 21 Mar 2014
    08927855 DIGITAL AUTOMOTIVE SOLUTIONS LTD 07 Mar 2014
    08968019 ENRG-TECH LTD 31 Mar 2014
    08918431 ETHICAL SOCIAL WORK LTD 03 Mar 2014