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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

  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 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)HalifaxUK
    2011151116,391
    2010165105,137
    % change-8.5%10.7%
    Record Year 2003 (176) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011453967
    New companies in 2010485265
    % change-6.3%-25.0%3.1%
    Record Year2003 (64)2010 (52)2009 (77)

Closed Companies (dissolved)

  1. 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)HalifaxUK
    201112390,986
    201010682,677
    % change16.0%10.0%
    Record Year 2011 (123) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2011364641
    Closed companies in 2010303046
    % change20.0%53.3%-11%
    Record Year2011 (36)2011 (46)2009 (79)

Net Company Growth

  1. 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)HalifaxUK
    20112825,405
    20105922,460
    Record Year 2003 (124) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20119-726
    Net growth in 2010182219
    Record Year2003 (47)2003 (36)2003 (41)

UK Company Share

  1. 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
    20110.1%
    20100.2%
    20090.2%
    20080.1%
    20070.1%
    Record Year (since 1960) 1963 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.2%0.2%0.2%
    % change-19.1%-34.0%-1.6%
    Record Year1975 (0.4%)1968 (0.6%)1973 (0.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    (HALIFAX)1.40%CONSULTING5.04%
    CONSULTING1.08%MANAGEMENT4.97%
    CONSULTANCY1.08%CONSULTANCY3.16%
    MANAGEMENT1.08%PROPERTY2.38%
    HALIFAX0.97%TRADING2.10%
    DESIGN0.86%DESIGN1.93%
    YORKSHIRE0.86%ASSOCIATES1.92%
    PROPERTY0.76%BUSINESS1.87%
    TRAINING0.76%CONSTRUCTION1.80%
    PROPERTIES0.76%CONSULTANTS1.76%
    BUILDING0.65%MEDIA1.69%
    DEVELOPMENT0.65%ENGINEERING1.61%
    DEVELOPMENTS0.65%LONDON1.60%
    M0.65%CARE1.45%
    MARKETING0.54%J1.45%
    SALES0.54%GLOBAL1.44%
    CLEANING0.54%INVESTMENTS1.43%
    SYSTEMS0.54%IT1.41%
    ELECTRICAL0.54%PROPERTIES1.36%
    PLUMBING0.54%BUILDING1.34%
    K0.54%M1.30%
    (YORKSHIRE)0.54%ELECTRICAL1.28%
    CONSTRUCTION0.43%S1.24%
    L0.43%INTERNATIONAL1.23%
    ROOFING0.43%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied248202,798
    7487 - Other business activities9060,968
    82990 - Other business support service activities not elsewhere classified3430,253
    70229 - Management consultancy activities other than financial management3316,150
    74909 - Other professional, scientific and technical activities not elsewhere classified227,788
    9999 - Dormant Company2119,765
    7499 - Non-trading company1711,316
    7414 - Business & management consultancy1712,916
    74990 - Non-trading company178,695
    99999 - Dormant Company1518,336
    86900 - Other human health activities154,092
    62090 - Other information technology service activities146,996
    62020 - Information technology consultancy activities1210,246
    4521 - General construction & civil engineering116,183
    96090 - Other service activities not elsewhere classified910,085
    9305 - Other service activities98,740
    7260 - Other computer related activities97,789
    43320 - Joinery installation81,194
    7415 - Holding companies including head offices71,769
    8514 - Other human health activities72,423

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07586458 BIZ E BODIES LIMITED 31 Mar 2011
    07583578 MEDALI LIMITED 30 Mar 2011
    07583024 HANGOUT HOLIDAY CLUB LIMITED 29 Mar 2011
    07579062 SWJ WOODWORKING LTD 25 Mar 2011
    07577340 KIRKLEES CLEANING LTD 24 Mar 2011
    07566658 NIMBO LIMITED 16 Mar 2011
    07564999 HALIFAX HEALTHCARE LTD 15 Mar 2011
    07563598 LIFE STRENGTH UK LTD 15 Mar 2011
    07563207 ACTIVE HERITAGE LTD 14 Mar 2011
    07559963 THE MOBILE CARPET SUPERSTORE LIMITED 10 Mar 2011
    07554219 THE GOLDEN ROSE PUB COMPANY LTD 07 Mar 2011
    07554187 K J H BUILDING SERVICES LIMITED 07 Mar 2011
    07553498 TOP NOTCH (YORKSHIRE) UK LIMITED 07 Mar 2011
    07552989 ULTIMATE RESTORATION LIMITED 07 Mar 2011
    07551014 KA IT CONSULTING LIMITED 03 Mar 2011
    07549628 THE DESIGN HOUSE RESTAURANT LTD 03 Mar 2011
    07567064 ALL STAR WHOLESALERS LIMITED 16 Mar 2011
    07583572 SWITISH LIMITED 30 Mar 2011
    07580000 BEDFORD COURT (SCARBOROUGH) LIMITED 28 Mar 2011
    07565805 WAYNE SMITH CARPETS LIMITED 16 Mar 2011
    07560805 CORSOL LTD 11 Mar 2011
    07556596 PRO-C SYSTEMS LIMITED 08 Mar 2011
    07565773 M DEAN ELECTRICAL LIMITED 16 Mar 2011
    07562716 PINNICLE LIMITED 14 Mar 2011
    07553933 KILNCROFT LTD 07 Mar 2011