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
New Company Registrations
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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.
Year Bradford UK 2014 2,441 582,051 2013 2,196 529,363 2012 2,004 491,893 2011 1,877 452,870 2010 1,637 400,358 Record Year 2014 (2,441) 2014 (582,051) New Companies by Year
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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) Bradford UK 2014 1,204 281,320 2013 1,126 259,931 % change 6.9% 8.2% Record Year 2014 (1,204) 2014 (281,320) New Companies by Half Year
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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) Bradford UK 2014 534 137,906 2013 572 127,247 % change -6.6% 8.4% Record Year 2013 (572) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 195 166 173 New companies in 2013 224 168 180 % change -12.9% -1.2% -3.9% Record Year 2013 (224) 2012 (183) 2013 (180)
Closed Companies (dissolved)
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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.
Year Bradford UK 2014 1,577 367,937 2013 1,430 332,213 2012 1,209 293,729 2011 1,211 314,524 2010 1,199 342,233 Record Year 2009 (1,637) 2009 (533,789) Dissolved Companies by Year
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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) Bradford UK 2014 816 190,730 2013 833 177,021 % change -2.0% 7.7% Record Year 2013 (833) 2009 (244,544) Dissolved Companies by Half Year
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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) Bradford UK 2014 372 89,060 2013 479 90,851 % change -22.3% -2.0% Record Year 2013 (479) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 89 144 139 Closed companies in 2013 197 138 144 % change -54.8% 4.3% -3% Record Year 2013 (197) 2011 (150) 2013 (144)
Net Company Growth
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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.
Year Bradford UK 2014 864 214,114 2013 766 197,150 2012 795 198,164 2011 666 138,346 2010 438 58,125 Record Year 2014 (864) 2007 (237,353) Net Growth by Year
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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) Bradford UK 2014 388 90,590 2013 293 82,910 Record Year 2014 (388) 2003 (117,772) Net Growth by Half Year
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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) Bradford UK 2014 162 48,846 2013 93 36,396 Record Year 2012 (188) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2014 106 22 34 Net growth in 2013 27 30 36 Record Year 2014 (106) 2012 (86) 2010 (62)
UK Company Share
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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.
Year Bradford 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2014 (0.4%) Company Share by Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2010 (0.4%) Company Share by Half Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 2013 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.5% 0.4% 0.5% % change -17.2% -6.2% -17.7% Record Year 1979 (0.5%) 1974 (0.8%) 1989 (0.5%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BRADFORD 1.25% CONSULTING 5.22% CONSULTANCY 1.22% MANAGEMENT 4.58% YORKSHIRE 1.19% CONSULTANCY 3.57% MANAGEMENT 1.10% PROPERTY 2.66% PROPERTY 0.88% CONSTRUCTION 2.12% (BRADFORD) 0.82% ENGINEERING 2.10% M 0.73% CARE 2.02% BUSINESS 0.73% TRADING 1.94% PROPERTIES 0.73% LONDON 1.93% CAR 0.70% TRANSPORT 1.93% S 0.70% DESIGN 1.66% TRADING 0.67% CONSULTANTS 1.64% DEVELOPMENTS 0.64% ELECTRICAL 1.62% CONSULTANTS 0.64% PROPERTIES 1.62% CONSULTING 0.64% BUSINESS 1.56% ELECTRICAL 0.61% J 1.54% SECURITY 0.58% CO., 1.50% HOME 0.55% GLOBAL 1.49% MEDIA 0.55% INVESTMENTS 1.48% LEISURE 0.55% ASSOCIATES 1.47% HEALTHCARE 0.55% DEVELOPMENTS 1.35% GLOBAL 0.55% MEDIA 1.33% CO 0.55% IT 1.31% CARE 0.52% BUILDING 1.29% PUB 0.52% M 1.22%
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 1,434 265,608 56302 - Public houses and bars 165 6,285 99999 - Dormant Company 165 48,509 82990 - Other business support service activities not elsewhere classified 158 58,068 96090 - Other service activities not elsewhere classified 124 29,009 70229 - Management consultancy activities other than financial management 82 42,290 62020 - Information technology consultancy activities 80 30,178 47910 - Retail sale via mail order houses or via Internet 61 10,107 86900 - Other human health activities 60 12,976 56103 - Take-away food shops and mobile food stands 59 8,318 68209 - Other letting and operating of own or leased real estate 45 11,212 74909 - Other professional, scientific and technical activities not elsewhere classified 45 19,049 45112 - Sale of used cars and light motor vehicles 39 3,562 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 37 4,167 62090 - Other information technology service activities 34 12,837 43999 - Other specialised construction activities not elsewhere classified 32 8,761 47190 - Other retail sale in non-specialised stores 31 3,802 56290 - Other food services 31 4,616 86210 - General medical practice activities 31 4,591 47990 - Other retail sale not in stores, stalls or markets 30 6,452
Recent Companies
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Randomly selected companies from this quarter
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