Halifax, West Yorkshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Halifax when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Halifax when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Halifax 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 2014)

    Q1 2014 saw a new record in company registrations in Halifax when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Halifax when compared to any quarter in history.

    A total of 183 companies were registered in Halifax during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 12.3% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)HalifaxUK
    2014183150,722
    2013163134,802
    % change12.3%11.8%
    Record Year 2014 (183) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Halifax when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014566265
    New companies in 2013546049
    % change3.7%3.3%32.7%
    Record Year2003 (64)2014 (62)2012 (80)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 81 companies were dissolved in Halifax during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 35.0% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)HalifaxUK
    20148182,370
    20136077,914
    % change35.0%5.7%
    Record Year 2011 (123) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014202932
    Closed companies in 201333621
    % change-39.4%383.3%52%
    Record Year2011 (36)2011 (46)2009 (79)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Halifax during the first quarter of 2014 (Jan 2014 - Mar 2014) was 102 companies.

    first quarter (Jan 2014 - Mar 2014)HalifaxUK
    201410268,352
    201310356,888
    Record Year 2013 (103) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014363333
    Net growth in 2013215428
    Record Year2003 (47)2013 (54)2012 (55)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Halifax formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Halifax
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.2%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-3.0%-4.6%10.7%
    Record Year1991 (0.2%)1993 (0.3%)1977 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 43.4.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Halifax was in 2008 when 33.8% of all directors were female.

    26.8% of all director appointments in Halifax in the first quarter of 2014 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 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    HALIFAX1.82%CONSULTING5.22%
    MANAGEMENT1.49%MANAGEMENT4.67%
    EWEMOVE1.41%CONSULTANCY3.49%
    CONSULTANCY1.16%PROPERTY2.64%
    CONSULTING0.91%TRADING2.05%
    CARE0.75%LONDON1.88%
    PROPERTIES0.75%ENGINEERING1.86%
    INVESTMENTS0.66%CARE1.79%
    CONSTRUCTION0.58%CONSTRUCTION1.75%
    MAINTENANCE0.58%DESIGN1.75%
    BUILDING0.58%CONSULTANTS1.73%
    ASSOCIATES0.58%BUSINESS1.71%
    J0.58%PROPERTIES1.60%
    DIRECT0.58%INVESTMENTS1.60%
    R0.58%GLOBAL1.58%
    ELECTRICAL0.50%J1.48%
    MEDIA0.50%ASSOCIATES1.48%
    (HALIFAX)0.50%MEDIA1.48%
    PLUMBING0.50%IT1.33%
    (YORKSHIRE)0.50%TRANSPORT1.30%
    YORKSHIRE0.50%DEVELOPMENTS1.29%
    WEST0.50%BUILDING1.24%
    DEVELOPMENTS0.50%M1.21%
    PROPERTY0.50%CAPITAL1.20%
    HOLDINGS0.50%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied317280,210
    70229 - Management consultancy activities other than financial management6037,882
    82990 - Other business support service activities not elsewhere classified5256,411
    99999 - Dormant Company4047,084
    74909 - Other professional, scientific and technical activities not elsewhere classified3718,491
    62020 - Information technology consultancy activities3527,750
    96090 - Other service activities not elsewhere classified2626,700
    86900 - Other human health activities2110,273
    56302 - Public houses and bars205,732
    85590 - Other education not elsewhere classified185,876
    41100 - Development of building projects189,855
    43220 - Plumbing, heat and air-conditioning installation174,866
    47990 - Other retail sale not in stores, stalls or markets175,988
    43390 - Other building completion and finishing165,521
    47910 - Retail sale via mail order houses or via Internet149,358
    69201 - Accounting and auditing activities147,313
    56101 - Licensed restaurants147,965
    74990 - Non-trading company1314,135
    43210 - Electrical installation135,885
    43320 - Joinery installation132,086

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08930809 MRFURNIMAN LTD 10 Mar 2014
    08932842 GRASSINGTON DENTAL CARE LIMITED 11 Mar 2014
    08933421 J&Q LIMITED 11 Mar 2014
    08937240 KAREN LY PROPERTY MANAGEMENT LTD 13 Mar 2014
    08946620 YORK HOUSEKEEPING SERVICES LTD 19 Mar 2014
    08966466 NYK1 DIRECT LTD 28 Mar 2014
    08934012 CARROLL COMPUTING LIMITED 11 Mar 2014
    08935120 FURNESS 1970 LIMITED 12 Mar 2014
    08941262 CALDER VALLEY BEERS LTD 17 Mar 2014
    08942335 GORDON CONSTRUCTION MANAGEMENT LTD 17 Mar 2014
    08969121 BLACKIE 1960 LIMITED 31 Mar 2014
    08920111 HELIMANN AVIATION LTD 03 Mar 2014
    08920499 A J BROOME LIMITED 03 Mar 2014
    08921524 KASPIAN INVESTMENTS LIMITED 04 Mar 2014
    08921860 IMARSBAR LTD 04 Mar 2014
    08934560 PAC EQUIPMENT LIMITED 12 Mar 2014
    08934933 RJC DENTAL SUPPLIES LIMITED 12 Mar 2014
    08941078 JOSEPH JAMES SCHOOLWEAR LIMITED 17 Mar 2014
    08944379 MISTRY MATHS LTD 18 Mar 2014
    08949264 PEAK INDICATORS ENTERPRISE PERFORMANCE MANAGEMENT LIMITED 20 Mar 2014
    08949933 RP SOUND LIMITED 20 Mar 2014
    08954475 PINGLE ASSOCIATES LIMITED 24 Mar 2014
    08959829 SCT THERAPY LIMITED 26 Mar 2014
    08965046 JAYDEE PHYSIO LIMITED 28 Mar 2014
    08965138 A&S BUILDING & MAINTENANCE LIMITED 28 Mar 2014