Halifax, West Yorkshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Halifax when compared to any previous November.
  • October 2010 saw a new record in company closures in Halifax 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 (2010)

    A total of 552 companies were formed in Halifax in 2010. This total is 3.0% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearHalifaxUK
    2010552400,358
    2009569362,675
    2008485349,203
    2007546457,649
    2006419405,440
    Record Year2003 (608)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 250 companies were formed in Halifax. This figure is 8.8% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Halifax occurred in 2003 when a total of 275 were formed.

    Half Year (Jul-Dec)HalifaxUK
    2010250196,609
    2009274180,654
    % change-8.8%8.8%
    Record Year2003 (275)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 112 companies were registered in Halifax during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 5.1% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HalifaxUK
    201011295,117
    200911885,983
    % change-5.1%10.6%
    Record Year 2003 (137) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010374728
    New companies in 2009433837
    % change-14.0%23.7%-24.3%
    Record Year2003 (53)2007 (58)2003 (46)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 408 companies were dissolved in Halifax in 2010. This total is 26.2% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearHalifaxUK
    2010408342,232
    2009553533,773
    2008313237,901
    2007278220,295
    2006276200,166
    Record Year2009 (553)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 203 companies were dissolved in Halifax. This figure is 14.0% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Halifax occurred in 2009 when a total of 236 were closed.

    Half Year (Jul-Dec)HalifaxUK
    2010203164,601
    2009236244,537
    % change-14.0%-32.7%
    Record Year2009 (236)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 93 companies were dissolved in Halifax during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 8.8% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)HalifaxUK
    20109376,896
    200910285,136
    % change-8.8%-9.7%
    Record Year 2009 (102) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Halifax when compared to any previous November.

    October 2010 saw a new record in company closures in Halifax when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010383916
    Closed companies in 2009362442
    % change5.6%62.5%-62%
    Record Year2010 (38)2010 (39)2009 (42)

Net Company Growth

  1. Annual Data (2010)

    A total of 144 companies were added to the company register for Halifax in 2010. This number represents growth of 25.3% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 128 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Halifax company register grew by 429 companies.

    YearHalifaxUK
    201014458,126
    200916-171,098
    2008172111,302
    2007268237,354
    2006143205,274
    Record Year2003 (429)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Halifax increased by 47 companies.

    Half Year (Jul-Dec)HalifaxUK
    20104732,008
    200938-63,883
    Record Year2003 (186)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Halifax during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 19 companies.

    fourth quarter (Oct 2010 - Dec 2010)HalifaxUK
    20101918,221
    200916847
    Record Year 2003 (96) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-1812
    Net growth in 2009714-5
    Record Year2003 (41)2007 (38)2003 (35)

UK Company Share

  1. Annual Data (2010)

    In 2010 Halifax formed 0.1% of all UK companies. This is a decline on 2009 when Halifax was responsible for 0.2% of all UK companies.

    YearHalifax
    20100.1%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1963 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Halifax formed 0.1% of all UK companies. This is less than the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Halifax
    20100.1%
    20090.2%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 1966 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Halifax formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Halifax
    20100.1%
    20090.1%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 1966 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-24.7%10.5%-28.0%
    Record Year1963 (0.4%)1966 (0.7%)1969 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.3.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 46.0.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 6.4% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 45.1.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Halifax was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Halifax in 2010 was 32.4%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Halifax was 1860 when 42.9% of all directors were female.

    24.0% of all director appointments in Halifax in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Halifax was in 1977 when 31.1% of all directors were female.

    21.1% of all director appointments in Halifax in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    YORKSHIRE1.70%CONSULTING5.06%
    CONSULTING1.70%MANAGEMENT5.01%
    (HALIFAX)1.27%CONSULTANCY3.14%
    MANAGEMENT1.06%PROPERTY2.36%
    DESIGN0.85%TRADING2.11%
    DEVELOPMENTS0.85%ASSOCIATES1.95%
    CONSULTANCY0.85%DESIGN1.92%
    HALIFAX0.74%BUSINESS1.82%
    CONSTRUCTION0.74%CONSTRUCTION1.82%
    BUILDING0.74%CONSULTANTS1.76%
    (YORKSHIRE)0.74%MEDIA1.71%
    TRAINING0.74%ENGINEERING1.62%
    L0.64%LONDON1.60%
    S0.64%CARE1.45%
    M0.64%INVESTMENTS1.44%
    ENGINEERING0.64%GLOBAL1.43%
    ASSOCIATES0.64%J1.42%
    PROPERTIES0.64%IT1.41%
    NORTHERN0.64%PROPERTIES1.34%
    INVESTMENTS0.53%INTERNATIONAL1.34%
    H0.53%BUILDING1.34%
    B0.53%M1.30%
    J0.53%ELECTRICAL1.25%
    SYSTEMS0.53%SYSTEMS1.24%
    BUSINESS0.53%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied244199,572
    7487 - Other business activities9263,348
    82990 - Other business support service activities not elsewhere classified2827,550
    70229 - Management consultancy activities other than financial management2814,505
    9999 - Dormant Company2220,144
    74990 - Non-trading company188,243
    7414 - Business & management consultancy1813,474
    7499 - Non-trading company1612,000
    86900 - Other human health activities143,700
    4521 - General construction & civil engineering136,598
    74909 - Other professional, scientific and technical activities not elsewhere classified127,088
    99999 - Dormant Company1216,285
    62090 - Other information technology service activities116,330
    7260 - Other computer related activities108,089
    9305 - Other service activities108,858
    7222 - Other software consultancy and supply87,298
    43320 - Joinery installation81,135
    6024 - Freight transport by road82,401
    4545 - Other building completion82,598
    62020 - Information technology consultancy activities89,177

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07419168 PORCUPINE BEAR LIMITED 26 Oct 2010
    07416809 YORKSHIRE TIMBER AND BUILDING SUPPLIES LIMITED 22 Oct 2010
    07416768 YORKSHIRE BUILDING MATERIALS LIMITED 22 Oct 2010
    07406958 RAPIDE READYMIX LTD 14 Oct 2010
    07404894 E BULMER & SONS LIMITED 12 Oct 2010
    07422294 ANDY FINNELL TRANSPORT LTD 28 Oct 2010
    07421704 ROCK 'N' ROLL TRANSPORT LIMITED 28 Oct 2010
    07414269 LAND TO MOUTH COMMUNITY INTEREST COMPANY 20 Oct 2010
    07403486 CALDER CONSTRUCTION LIMITED 11 Oct 2010
    07422743 DEVELOPMENT AGILITY LIMITED 28 Oct 2010
    07418195 K.B. (HALIFAX) LIMITED 25 Oct 2010
    07416748 NORTHERN SUNLIGHT LTD 22 Oct 2010
    07416048 BR & KB LIMITED 22 Oct 2010
    07412735 SUGARCO LTD 19 Oct 2010
    07409901 RICCI'S PLACE LIMITED 18 Oct 2010
    07409603 JLS CONSULTANTS LTD 15 Oct 2010
    07408375 TEXLANE LTD 15 Oct 2010
    07407309 IHEC LIMITED 14 Oct 2010
    07402694 SPIDERSWEB COURIER SERVICES LTD 11 Oct 2010
    07401538 ADP TECHNOLOGY DEVELOPMENT LIMITED 08 Oct 2010
    07399336 ANTARCTIC EPHS LIMITED 07 Oct 2010
    07398040 AMA MAINTENANCE LTD 06 Oct 2010
    07396234 DAVID BERRY LIMITED 04 Oct 2010
    07394655 KJA HALIFAX LIMITED 01 Oct 2010
    07396049 MR CONTRACT PUBLISHING LIMITED 04 Oct 2010