Halifax, West Yorkshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Halifax when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Halifax when compared to any previous second half year.
  • November 2014 saw a new record in company registrations in Halifax when compared to any previous November.
  • December 2014 saw a new record in company closures in Halifax when compared to any previous December.
  • October 2014 saw a new record in net growth 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 (2014)

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

    A total of 765 companies were formed in Halifax in 2014. This total is 10.1% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearHalifaxUK
    2014765582,051
    2013695529,363
    2012676491,893
    2011634452,870
    2010552400,358
    Record Year2014 (765)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Halifax when compared to any previous second half year.

    In the second half of 2014 a total of 379 companies were formed in Halifax. This figure is 8.0% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Halifax occurred in 2014 when a total of 379 were formed.

    Half Year (Jul-Dec)HalifaxUK
    2014379281,320
    2013351259,931
    % change8.0%8.2%
    Record Year2014 (379)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 172 companies were registered in Halifax during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 2.8% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)HalifaxUK
    2014172137,906
    2013177127,247
    % change-2.8%8.4%
    Record Year 2012 (182) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014726337
    New companies in 2013815046
    % change-11.1%26.0%-19.6%
    Record Year2013 (81)2014 (63)2012 (62)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 431 companies were dissolved in Halifax in 2014. This total is 6.2% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearHalifaxUK
    2014431367,937
    2013406332,213
    2012373293,729
    2011400314,524
    2010408342,233
    Record Year2009 (553)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 238 companies were dissolved in Halifax. This figure is 2.1% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Halifax occurred in 2013 when a total of 243 were closed.

    Half Year (Jul-Dec)HalifaxUK
    2014238190,730
    2013243177,021
    % change-2.1%7.7%
    Record Year2013 (243)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 101 companies were dissolved in Halifax during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 24.6% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)HalifaxUK
    201410189,060
    201313490,851
    % change-24.6%-2.0%
    Record Year 2013 (134) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Halifax when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014253145
    Closed companies in 2013494936
    % change-49.0%-36.7%25%
    Record Year2013 (49)2013 (49)2014 (45)

Net Company Growth

  1. Annual Data (2014)

    A total of 334 companies were added to the company register for Halifax in 2014. This number represents growth of 43.7% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 45 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Halifax company register grew by 334 companies.

    YearHalifaxUK
    2014334214,114
    2013289197,150
    2012303198,164
    2011234138,346
    201014458,125
    Record Year2014 (334)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Halifax increased by 141 companies.

    Half Year (Jul-Dec)HalifaxUK
    201414190,590
    201310882,910
    Record Year2003 (186)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Halifax during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 71 companies.

    fourth quarter (Oct 2014 - Dec 2014)HalifaxUK
    20147148,846
    20134336,396
    Record Year 2012 (91) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in net growth in Halifax when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20144732-8
    Net growth in 201332110
    Record Year2014 (47)2007 (38)2012 (40)

UK Company Share

  1. Annual Data (2014)

    In 2014 Halifax formed 0.1% of all UK companies. This is no change on 2013 when Halifax was responsible for 0.1% of all UK companies.

    YearHalifax
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2009 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Halifax formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jul-Dec)Halifax
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2002 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Halifax
    20140.1%
    20130.1%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.2%0.1%0.1%
    % change-15.4%19.7%-31.2%
    Record Year1989 (0.3%)1992 (0.2%)2012 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.3.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.3.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.6.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Halifax was 1972 when 100.0% of all directors were female.

    The percentage of female directors in Halifax in 2014 was 29.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Halifax was 2010 when 30.9% of all directors were female.

    29.3% of all director appointments in Halifax in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Halifax was in 2007 when 35.7% of all directors were female.

    25.1% of all director appointments in Halifax in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    CONSULTANCY1.70%CONSULTING5.22%
    (HALIFAX)1.62%MANAGEMENT4.58%
    EWEMOVE1.62%CONSULTANCY3.57%
    CONSULTING1.55%PROPERTY2.66%
    MANAGEMENT1.55%CONSTRUCTION2.12%
    HALIFAX1.24%ENGINEERING2.10%
    PROPERTY0.70%CARE2.02%
    YORKSHIRE0.70%TRADING1.94%
    CARE0.70%LONDON1.93%
    M0.70%TRANSPORT1.93%
    ENGINEERING0.62%DESIGN1.66%
    (YORKSHIRE)0.62%CONSULTANTS1.64%
    WHITE0.62%ELECTRICAL1.62%
    BUSINESS0.62%PROPERTIES1.62%
    CUTTS0.54%BUSINESS1.56%
    WALLIS0.54%J1.54%
    GREEN0.54%CO.,1.50%
    MAINTENANCE0.54%GLOBAL1.49%
    CLEANING0.54%INVESTMENTS1.48%
    JOINERY0.54%ASSOCIATES1.47%
    CONSTRUCTION0.54%DEVELOPMENTS1.35%
    B0.54%MEDIA1.33%
    J0.46%IT1.31%
    ELECTRICAL0.46%BUILDING1.29%
    EDUCATION0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied297265,608
    70229 - Management consultancy activities other than financial management7642,290
    99999 - Dormant Company5648,509
    62020 - Information technology consultancy activities3630,178
    82990 - Other business support service activities not elsewhere classified3558,068
    74909 - Other professional, scientific and technical activities not elsewhere classified3419,049
    47910 - Retail sale via mail order houses or via Internet2410,107
    96090 - Other service activities not elsewhere classified2429,009
    43999 - Other specialised construction activities not elsewhere classified218,761
    86900 - Other human health activities2012,976
    41100 - Development of building projects2011,397
    43220 - Plumbing, heat and air-conditioning installation205,189
    56101 - Licensed restaurants198,782
    56302 - Public houses and bars196,285
    85590 - Other education not elsewhere classified176,206
    47990 - Other retail sale not in stores, stalls or markets176,452
    43390 - Other building completion and finishing175,931
    45200 - Maintenance and repair of motor vehicles145,425
    43320 - Joinery installation142,180
    96020 - Hairdressing and other beauty treatment136,742

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09256057 MEDICALSUKPANEL LTD 09 Oct 2014
    09272598 RELISH TECHNOLOGY LIMITED 21 Oct 2014
    09276548 SOL PV GROUP LIMITED 23 Oct 2014
    09276970 WHITE HORSE (HALIFAX) LIMITED 23 Oct 2014
    09277786 SPV COMMERCIAL LIMITED 23 Oct 2014
    09287586 WAHEEDA LIMITED 30 Oct 2014
    09261010 BUTTERFLY PSYCHOLOGY LTD 13 Oct 2014
    09272968 KRA ACCOUNTANTS LIMITED 21 Oct 2014
    09287193 KWAMBIRI LIMITED 29 Oct 2014
    09245418 AUTO KLENZ LTD 02 Oct 2014
    09254108 VLS CONSULTING LIMITED 08 Oct 2014
    09269634 PCU INVESTMENTS 17 Oct 2014
    09269650 PCU (2012) TRUSTEE INVESTMENTS 17 Oct 2014
    09271300 RAWNSL3Y EVENTS LTD 20 Oct 2014
    09273118 HARROP NETWORK SOLUTIONS LTD 21 Oct 2014
    09275001 CAS SERVICES (YORKSHIRE) LIMITED 22 Oct 2014
    09276249 JL (HOLDINGS) LTD 22 Oct 2014
    09285309 EWEMOVE.COM GLOSSOP LTD 29 Oct 2014
    09285619 AUDIOMETRY SOLUTIONS LTD 29 Oct 2014
    09288828 INTO AFRICA FOUNDATION COMMUNITY INTEREST COMPANY 30 Oct 2014
    09247116 M A H EXPEDITING AND INSPECTION SERVICES LIMITED 02 Oct 2014
    09253750 STYLISH PARTIES LIMITED 08 Oct 2014
    OC395908 INCONTATTO LLP 15 Oct 2014
    09276723 SADDLEWORTH ROAD 1961 LIMITED 23 Oct 2014
    09286339 KRUIT LIMITED 29 Oct 2014