Halifax, West Yorkshire
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company closures in Halifax when compared to any previous Q1.
- February 2011 saw a new record in company closures in Halifax when compared to any previous February.
- January 2011 saw a new record in company closures in Halifax when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 151 companies were registered in Halifax during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is a decrease of 8.5% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Halifax UK 2011 151 116,391 2010 165 105,137 % change -8.5% 10.7% Record Year 2003 (176) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 45 39 67 New companies in 2010 48 52 65 % change -6.3% -25.0% 3.1% Record Year 2003 (64) 2010 (52) 2009 (77)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company closures in Halifax when compared to any previous Q1.
A total of 123 companies were dissolved in Halifax during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 16.0% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Halifax UK 2011 123 90,986 2010 106 82,677 % change 16.0% 10.0% Record Year 2011 (123) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Halifax when compared to any previous February.
January 2011 saw a new record in company closures in Halifax when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 36 46 41 Closed companies in 2010 30 30 46 % change 20.0% 53.3% -11% Record Year 2011 (36) 2011 (46) 2009 (79)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Halifax during the first quarter of 2011 (Jan 2011 - Mar 2011) was 28 companies.
first quarter (Jan 2011 - Mar 2011) Halifax UK 2011 28 25,405 2010 59 22,460 Record Year 2003 (124) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 9 -7 26 Net growth in 2010 18 22 19 Record Year 2003 (47) 2003 (36) 2003 (41)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Halifax formed 0.1% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Halifax 2011 0.1% 2010 0.2% 2009 0.2% 2008 0.1% 2007 0.1% Record Year (since 1960) 1963 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.2% 0.2% 0.2% % change -19.1% -34.0% -1.6% Record Year 1975 (0.4%) 1968 (0.6%) 1973 (0.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Halifax was in 1861 when 40.0% of all directors were female.
24.5% of all director appointments in Halifax in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (HALIFAX) 1.40% CONSULTING 5.04% CONSULTING 1.08% MANAGEMENT 4.97% CONSULTANCY 1.08% CONSULTANCY 3.16% MANAGEMENT 1.08% PROPERTY 2.38% HALIFAX 0.97% TRADING 2.10% DESIGN 0.86% DESIGN 1.93% YORKSHIRE 0.86% ASSOCIATES 1.92% PROPERTY 0.76% BUSINESS 1.87% TRAINING 0.76% CONSTRUCTION 1.80% PROPERTIES 0.76% CONSULTANTS 1.76% BUILDING 0.65% MEDIA 1.69% DEVELOPMENT 0.65% ENGINEERING 1.61% DEVELOPMENTS 0.65% LONDON 1.60% M 0.65% CARE 1.45% MARKETING 0.54% J 1.45% SALES 0.54% GLOBAL 1.44% CLEANING 0.54% INVESTMENTS 1.43% SYSTEMS 0.54% IT 1.41% ELECTRICAL 0.54% PROPERTIES 1.36% PLUMBING 0.54% BUILDING 1.34% K 0.54% M 1.30% (YORKSHIRE) 0.54% ELECTRICAL 1.28% CONSTRUCTION 0.43% S 1.24% L 0.43% INTERNATIONAL 1.23% ROOFING 0.43% SYSTEMS 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 248 202,798 7487 - Other business activities 90 60,968 82990 - Other business support service activities not elsewhere classified 34 30,253 70229 - Management consultancy activities other than financial management 33 16,150 74909 - Other professional, scientific and technical activities not elsewhere classified 22 7,788 9999 - Dormant Company 21 19,765 7499 - Non-trading company 17 11,316 7414 - Business & management consultancy 17 12,916 74990 - Non-trading company 17 8,695 99999 - Dormant Company 15 18,336 86900 - Other human health activities 15 4,092 62090 - Other information technology service activities 14 6,996 62020 - Information technology consultancy activities 12 10,246 4521 - General construction & civil engineering 11 6,183 96090 - Other service activities not elsewhere classified 9 10,085 9305 - Other service activities 9 8,740 7260 - Other computer related activities 9 7,789 43320 - Joinery installation 8 1,194 7415 - Holding companies including head offices 7 1,769 8514 - Other human health activities 7 2,423
Recent Companies
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Randomly selected companies from this quarter
reports
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