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
New Company Registrations
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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.
Year Halifax UK 2010 552 400,358 2009 569 362,675 2008 485 349,203 2007 546 457,649 2006 419 405,440 Record Year 2003 (608) 2007 (457,649) New Companies by Year
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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) Halifax UK 2010 250 196,609 2009 274 180,654 % change -8.8% 8.8% Record Year 2003 (275) 2003 (201,446) New Companies by Half Year
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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) Halifax UK 2010 112 95,117 2009 118 85,983 % change -5.1% 10.6% Record Year 2003 (137) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 37 47 28 New companies in 2009 43 38 37 % change -14.0% 23.7% -24.3% Record Year 2003 (53) 2007 (58) 2003 (46)
Closed Companies (dissolved)
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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.
Year Halifax UK 2010 408 342,232 2009 553 533,773 2008 313 237,901 2007 278 220,295 2006 276 200,166 Record Year 2009 (553) 2009 (533,773) Dissolved Companies by Year
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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) Halifax UK 2010 203 164,601 2009 236 244,537 % change -14.0% -32.7% Record Year 2009 (236) 2009 (244,537) Dissolved Companies by Half Year
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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) Halifax UK 2010 93 76,896 2009 102 85,136 % change -8.8% -9.7% Record Year 2009 (102) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 38 39 16 Closed companies in 2009 36 24 42 % change 5.6% 62.5% -62% Record Year 2010 (38) 2010 (39) 2009 (42)
Net Company Growth
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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.
Year Halifax UK 2010 144 58,126 2009 16 -171,098 2008 172 111,302 2007 268 237,354 2006 143 205,274 Record Year 2003 (429) 2003 (242,543) Net Growth by Year
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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) Halifax UK 2010 47 32,008 2009 38 -63,883 Record Year 2003 (186) 2003 (117,772) Net Growth by Half Year
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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) Halifax UK 2010 19 18,221 2009 16 847 Record Year 2003 (96) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -1 8 12 Net growth in 2009 7 14 -5 Record Year 2003 (41) 2007 (38) 2003 (35)
UK Company Share
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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.
Year Halifax 2010 0.1% 2009 0.2% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1963 (0.2%) Company Share by Year
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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 2010 0.1% 2009 0.2% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1966 (0.3%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1966 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -24.7% 10.5% -28.0% Record Year 1963 (0.4%) 1966 (0.7%) 1969 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage YORKSHIRE 1.70% CONSULTING 5.06% CONSULTING 1.70% MANAGEMENT 5.01% (HALIFAX) 1.27% CONSULTANCY 3.14% MANAGEMENT 1.06% PROPERTY 2.36% DESIGN 0.85% TRADING 2.11% DEVELOPMENTS 0.85% ASSOCIATES 1.95% CONSULTANCY 0.85% DESIGN 1.92% HALIFAX 0.74% BUSINESS 1.82% CONSTRUCTION 0.74% CONSTRUCTION 1.82% BUILDING 0.74% CONSULTANTS 1.76% (YORKSHIRE) 0.74% MEDIA 1.71% TRAINING 0.74% ENGINEERING 1.62% L 0.64% LONDON 1.60% S 0.64% CARE 1.45% M 0.64% INVESTMENTS 1.44% ENGINEERING 0.64% GLOBAL 1.43% ASSOCIATES 0.64% J 1.42% PROPERTIES 0.64% IT 1.41% NORTHERN 0.64% PROPERTIES 1.34% INVESTMENTS 0.53% INTERNATIONAL 1.34% H 0.53% BUILDING 1.34% B 0.53% M 1.30% J 0.53% ELECTRICAL 1.25% SYSTEMS 0.53% SYSTEMS 1.24% BUSINESS 0.53% S 1.23%
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 244 199,572 7487 - Other business activities 92 63,348 82990 - Other business support service activities not elsewhere classified 28 27,550 70229 - Management consultancy activities other than financial management 28 14,505 9999 - Dormant Company 22 20,144 74990 - Non-trading company 18 8,243 7414 - Business & management consultancy 18 13,474 7499 - Non-trading company 16 12,000 86900 - Other human health activities 14 3,700 4521 - General construction & civil engineering 13 6,598 74909 - Other professional, scientific and technical activities not elsewhere classified 12 7,088 99999 - Dormant Company 12 16,285 62090 - Other information technology service activities 11 6,330 7260 - Other computer related activities 10 8,089 9305 - Other service activities 10 8,858 7222 - Other software consultancy and supply 8 7,298 43320 - Joinery installation 8 1,135 6024 - Freight transport by road 8 2,401 4545 - Other building completion 8 2,598 62020 - Information technology consultancy activities 8 9,177
Recent Companies
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Randomly selected companies from this quarter
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