Bradford, West Yorkshire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Bradford when compared to any previous Q1.
  • March 2015 saw a new record in company registrations in Bradford when compared to any previous March.
  • March 2015 was a record month for company registrations in Bradford when compared to any month in history.
  • February 2015 saw a new record in company registrations in Bradford when compared to any previous February.
  • February 2015 was a record month for company registrations in Bradford when compared to any month in history.
  • February 2015 saw a new record in company closures in Bradford 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 2015)

    Q1 2015 saw a new record in company registrations in Bradford when compared to any previous Q1.

    A total of 654 companies were registered in Bradford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 3.6% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BradfordUK
    2015654161,156
    2014631150,722
    % change3.6%6.9%
    Record Year 2015 (654) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Bradford when compared to any previous March.

    March 2015 was a record month for company registrations in Bradford when compared to any month in history.

    February 2015 saw a new record in company registrations in Bradford when compared to any previous February.

    February 2015 was a record month for company registrations in Bradford when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015182231241
    New companies in 2014221213197
    % change-17.6%8.5%22.3%
    Record Year2014 (221)2015 (231)2015 (241)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 376 companies were dissolved in Bradford during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 4.7% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)BradfordUK
    201537689,523
    201435982,370
    % change4.7%8.7%
    Record Year 2015 (376) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Bradford when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201578147151
    Closed companies in 2014104128127
    % change-25.0%14.8%19%
    Record Year2013 (163)2015 (147)2009 (257)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Bradford during the first quarter of 2015 (Jan 2015 - Mar 2015) was 278 companies.

    first quarter (Jan 2015 - Mar 2015)BradfordUK
    201527871,633
    201427268,352
    Record Year 2012 (305) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20151048490
    Net growth in 20141178570
    Record Year2014 (117)2013 (125)2012 (135)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Bradford formed 0.4% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Bradford
    20150.4%
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    Record Year (since 1960) 2012 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.4%0.4%0.4%
    UK formation share in 20140.5%0.4%0.4%
    % change-19.2%-0.1%11.5%
    Record Year1955 (1.0%)2009 (0.5%)1982 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 38.8.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 8.0% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Bradford was in 2010 when 25.3% of all directors were female.

    23.8% of all director appointments in Bradford in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.33%CONSULTING5.23%
    YORKSHIRE1.33%MANAGEMENT4.56%
    BRADFORD1.30%CONSULTANCY3.62%
    MANAGEMENT1.20%PROPERTY2.72%
    (BRADFORD)0.99%CONSTRUCTION2.19%
    M0.96%CARE2.13%
    CONSULTANTS0.89%ENGINEERING2.12%
    PROPERTY0.86%LONDON1.91%
    CAR0.83%TRADING1.88%
    TRADING0.77%TRANSPORT1.82%
    CARE0.71%ELECTRICAL1.76%
    S0.68%DESIGN1.65%
    GLOBAL0.65%PROPERTIES1.63%
    HEALTHCARE0.62%CO.,1.58%
    PROPERTIES0.62%J1.55%
    BUSINESS0.62%CONSULTANTS1.54%
    SECURITY0.59%BUSINESS1.49%
    MARKETING0.56%INVESTMENTS1.49%
    CO0.56%GLOBAL1.46%
    CONSULTING0.56%ASSOCIATES1.44%
    HIRE0.56%DEVELOPMENTS1.36%
    FINANCIAL0.56%BUILDING1.31%
    ELECTRICAL0.52%IT1.30%
    DEVELOPMENTS0.52%MEDIA1.28%
    HOME0.52%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,574288,953
    56302 - Public houses and bars1646,355
    82990 - Other business support service activities not elsewhere classified16158,522
    99999 - Dormant Company15249,474
    96090 - Other service activities not elsewhere classified13029,218
    70229 - Management consultancy activities other than financial management9143,081
    62020 - Information technology consultancy activities7830,825
    86900 - Other human health activities6613,990
    56103 - Take-away food shops and mobile food stands628,607
    47910 - Retail sale via mail order houses or via Internet6210,200
    68209 - Other letting and operating of own or leased real estate4811,600
    74909 - Other professional, scientific and technical activities not elsewhere classified4519,098
    45112 - Sale of used cars and light motor vehicles353,579
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating354,256
    62090 - Other information technology service activities3412,862
    32990 - Other manufacturing not elsewhere classified323,559
    49410 - Freight transport by road3112,485
    86210 - General medical practice activities314,793
    47190 - Other retail sale in non-specialised stores303,835
    56290 - Other food services304,729

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09421725 UNIFIED RENEWABLES LIMITED 04 Feb 2015
    09422942 MCSY LTD 04 Feb 2015
    09424960 FASHIONBANQUE (EUROPE) LTD. 05 Feb 2015
    09427445 MVG PROFESSIONAL SERVICES LIMITED 06 Feb 2015
    09432003 RAPID TYRE DISTRIBUTORS LTD 10 Feb 2015
    09444802 STEPNEY PUB COMPANY LIMITED 17 Feb 2015
    09447256 E-MAR LIMITED 19 Feb 2015
    09460812 YORKSHIRE PAINTS LTD 26 Feb 2015
    09416184 NIAZ AND SONS LTD 02 Feb 2015
    09448393 REGENCY PRIVATE COLLEGE LTD 19 Feb 2015
    09450270 SB REFRIGERATION SERVICES LTD 20 Feb 2015
    09456141 AGAPE INTERNATIONAL CHRISTIAN CENTRE 24 Feb 2015
    09415809 NEON MOTOR COMPANY LTD 02 Feb 2015
    09428993 ASHCROFT PHARMA LIMITED 09 Feb 2015
    09428968 PERFECT CARE SERVICES LTD 09 Feb 2015
    09433351 YARM TRADITIONAL SWEETS LTD 11 Feb 2015
    09437755 M.P COURIER LIMITED 13 Feb 2015
    09452672 SHARKEYS LAW LIMITED 23 Feb 2015
    09457899 T A RODNEY CONSULTANTS LIMITED 25 Feb 2015
    09415749 VG PAINTERS LIMITED 02 Feb 2015
    09419388 PLATFORMS LTD 03 Feb 2015
    09439457 STEP UP (BRADFORD) LTD 13 Feb 2015
    09443299 IMI (BRADFORD) LIMITED 17 Feb 2015
    09448908 HAZE E JUICE EUROPE LTD 19 Feb 2015
    09416575 AMAZY DAYS FLOWERS LIMITED 02 Feb 2015