Bradford, West Yorkshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Bradford when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Bradford when compared to any previous second half year.
  • 2014 was a record year for net growth in Bradford when compared to any year in history.
  • The second half of 2014 saw a new record in net growth in Bradford when compared to any previous second half year.
  • October 2014 saw a new record in net growth in Bradford when compared to any previous October.

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. Annual Data (2014)

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

    A total of 2,441 companies were formed in Bradford in 2014. This total is 11.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearBradfordUK
    20142,441582,051
    20132,196529,363
    20122,004491,893
    20111,877452,870
    20101,637400,358
    Record Year2014 (2,441)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Bradford when compared to any previous second half year.

    In the second half of 2014 a total of 1,204 companies were formed in Bradford. This figure is 6.9% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Bradford occurred in 2014 when a total of 1,204 were formed.

    Half Year (Jul-Dec)BradfordUK
    20141,204281,320
    20131,126259,931
    % change6.9%8.2%
    Record Year2014 (1,204)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 534 companies were registered in Bradford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 6.6% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)BradfordUK
    2014534137,906
    2013572127,247
    % change-6.6%8.4%
    Record Year 2013 (572) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014195166173
    New companies in 2013224168180
    % change-12.9%-1.2%-3.9%
    Record Year2013 (224)2012 (183)2013 (180)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 1,577 companies were dissolved in Bradford in 2014. This total is 10.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearBradfordUK
    20141,577367,937
    20131,430332,213
    20121,209293,729
    20111,211314,524
    20101,199342,233
    Record Year2009 (1,637)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 816 companies were dissolved in Bradford. This figure is 2.0% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Bradford occurred in 2013 when a total of 833 were closed.

    Half Year (Jul-Dec)BradfordUK
    2014816190,730
    2013833177,021
    % change-2.0%7.7%
    Record Year2013 (833)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 372 companies were dissolved in Bradford during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 22.3% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)BradfordUK
    201437289,060
    201347990,851
    % change-22.3%-2.0%
    Record Year 2013 (479) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201489144139
    Closed companies in 2013197138144
    % change-54.8%4.3%-3%
    Record Year2013 (197)2011 (150)2013 (144)

Net Company Growth

  1. Annual Data (2014)

    2014 was a record year for net growth in Bradford when compared to any year in history.

    A total of 864 companies were added to the company register for Bradford in 2014. This number represents growth of 35.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 98 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Bradford company register grew by 864 companies.

    YearBradfordUK
    2014864214,114
    2013766197,150
    2012795198,164
    2011666138,346
    201043858,125
    Record Year2014 (864)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in net growth in Bradford when compared to any previous second half year.

    In the second half of 2014 the company register for Bradford increased by 388 companies.

    Half Year (Jul-Dec)BradfordUK
    201438890,590
    201329382,910
    Record Year2014 (388)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Bradford during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 162 companies.

    fourth quarter (Oct 2014 - Dec 2014)BradfordUK
    201416248,846
    20139336,396
    Record Year 2012 (188) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141062234
    Net growth in 2013273036
    Record Year2014 (106)2012 (86)2010 (62)

UK Company Share

  1. Annual Data (2014)

    In 2014 Bradford formed 0.4% of all UK companies. This is no change on 2013 when Bradford was responsible for 0.4% of all UK companies.

    YearBradford
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960)2014 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Bradford formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jul-Dec)Bradford
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2010 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Bradford
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 2013 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.5%0.4%0.5%
    % change-17.2%-6.2%-17.7%
    Record Year1979 (0.5%)1974 (0.8%)1989 (0.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 40.0.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 39.7.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 40.4.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 8.0% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Bradford was 1985 when 66.7% of all directors were female.

    The percentage of female directors in Bradford in 2014 was 23.5%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Bradford was 2011 when 26.4% of all directors were female.

    23.4% of all director appointments in Bradford in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Bradford was in 2010 when 28.9% of all directors were female.

    24.4% of all director appointments in Bradford in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    BRADFORD1.25%CONSULTING5.22%
    CONSULTANCY1.22%MANAGEMENT4.58%
    YORKSHIRE1.19%CONSULTANCY3.57%
    MANAGEMENT1.10%PROPERTY2.66%
    PROPERTY0.88%CONSTRUCTION2.12%
    (BRADFORD)0.82%ENGINEERING2.10%
    M0.73%CARE2.02%
    BUSINESS0.73%TRADING1.94%
    PROPERTIES0.73%LONDON1.93%
    CAR0.70%TRANSPORT1.93%
    S0.70%DESIGN1.66%
    TRADING0.67%CONSULTANTS1.64%
    DEVELOPMENTS0.64%ELECTRICAL1.62%
    CONSULTANTS0.64%PROPERTIES1.62%
    CONSULTING0.64%BUSINESS1.56%
    ELECTRICAL0.61%J1.54%
    SECURITY0.58%CO.,1.50%
    HOME0.55%GLOBAL1.49%
    MEDIA0.55%INVESTMENTS1.48%
    LEISURE0.55%ASSOCIATES1.47%
    HEALTHCARE0.55%DEVELOPMENTS1.35%
    GLOBAL0.55%MEDIA1.33%
    CO0.55%IT1.31%
    CARE0.52%BUILDING1.29%
    PUB0.52%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,434265,608
    56302 - Public houses and bars1656,285
    99999 - Dormant Company16548,509
    82990 - Other business support service activities not elsewhere classified15858,068
    96090 - Other service activities not elsewhere classified12429,009
    70229 - Management consultancy activities other than financial management8242,290
    62020 - Information technology consultancy activities8030,178
    47910 - Retail sale via mail order houses or via Internet6110,107
    86900 - Other human health activities6012,976
    56103 - Take-away food shops and mobile food stands598,318
    68209 - Other letting and operating of own or leased real estate4511,212
    74909 - Other professional, scientific and technical activities not elsewhere classified4519,049
    45112 - Sale of used cars and light motor vehicles393,562
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating374,167
    62090 - Other information technology service activities3412,837
    43999 - Other specialised construction activities not elsewhere classified328,761
    47190 - Other retail sale in non-specialised stores313,802
    56290 - Other food services314,616
    86210 - General medical practice activities314,591
    47990 - Other retail sale not in stores, stalls or markets306,452

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09242872 ELDON HOUSE PROPERTY LTD 01 Oct 2014
    09246890 MEGAHART DEVELOPMENTS LIMITED 02 Oct 2014
    09248781 SCHOSWEEN 26 LIMITED 03 Oct 2014
    09265682 THE SHADY OAK (FERNILEE) LIMITED 15 Oct 2014
    09267542 HOLT FAMILY ENTERPRISES LIMITED 16 Oct 2014
    09268670 OLD PACK HORSE (HIGHMOOR) LIMITED 17 Oct 2014
    09277681 MG MIDLANDS LIMITED 23 Oct 2014
    09287454 RAKKAPOSHI LIMITED 30 Oct 2014
    09289168 M S HEATING SERVICES YORKSHIRE LIMITED 30 Oct 2014
    09265897 JW FLOORING (SUPPLY & FIT) LIMITED 15 Oct 2014
    09286586 THINK WARM LTD 29 Oct 2014
    09286830 AMBIENT ENERGY LTD. 29 Oct 2014
    09248086 ROYAL WINDOWS AND DOORS LIMITED 03 Oct 2014
    09258643 EQUILIBRIUM LEGAL SOLUTIONS LTD 10 Oct 2014
    09267233 OAYA LIMITED 16 Oct 2014
    09283585 S.A HAVILLAND CONTRACTOR LTD. 28 Oct 2014
    09285262 ARIANA CORPORATE LTD 29 Oct 2014
    09285808 NAZAM HUSSAIN LTD 29 Oct 2014
    09287352 GOLDWYN FOX LIMITED 29 Oct 2014
    09246798 SW PARADISE LIMITED 02 Oct 2014
    09252945 AKSONS ACCOUNTING LTD 07 Oct 2014
    09282404 TINY TURTLE STUDIOS LTD 27 Oct 2014
    09266766 NB PLASTERING LTD 16 Oct 2014
    09267318 AK BUSINESS & FINANCE LTD. 16 Oct 2014
    09263655 THE BRADFORDIAN CHILLI COMPANY C.I.C. 14 Oct 2014