Hull, East Riding of Yorkshire
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Hull when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,072 companies were formed in Hull in 2010. This total is 4.2% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Hull UK 2010 1,072 400,358 2009 1,119 362,675 2008 1,068 349,203 2007 1,238 457,649 2006 1,301 405,440 Record Year 2006 (1,301) 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 517 companies were formed in Hull. This figure is 2.3% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Hull occurred in 2005 when a total of 567 were formed.
Half Year (Jul-Dec) Hull UK 2010 517 196,609 2009 529 180,654 % change -2.3% 8.8% Record Year 2005 (567) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 240 companies were registered in Hull during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 5.9% 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) Hull UK 2010 240 95,117 2009 255 85,983 % change -5.9% 10.6% Record Year 2005 (302) 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 105 83 52 New companies in 2009 83 104 68 % change 26.5% -20.2% -23.5% Record Year 2007 (111) 2005 (170) 2002 (97)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 1,025 companies were dissolved in Hull in 2010. This total is 31.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Hull UK 2010 1,025 342,232 2009 1,495 533,773 2008 672 237,901 2007 740 220,295 2006 578 200,166 Record Year 2009 (1,495) 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 495 companies were dissolved in Hull. This figure is 24.3% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Hull occurred in 2009 when a total of 654 were closed.
Half Year (Jul-Dec) Hull UK 2010 495 164,601 2009 654 244,537 % change -24.3% -32.7% Record Year 2009 (654) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 218 companies were dissolved in Hull during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 16.2% versus the same period last year (Q4 2009). This figure compares well 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) Hull UK 2010 218 76,896 2009 260 85,136 % change -16.2% -9.7% Record Year 2009 (260) 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 Hull when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 77 99 42 Closed companies in 2009 98 64 98 % change -21.4% 54.7% -57% Record Year 2009 (98) 2010 (99) 2009 (98)
Net Company Growth
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Annual Data (2010)
A total of 47 companies were added to the company register for Hull in 2010. This number represents growth of 4.2% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 423 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Hull company register grew by 934 companies.
Year Hull UK 2010 47 58,126 2009 -376 -171,098 2008 396 111,302 2007 498 237,354 2006 723 205,274 Record Year 2003 (934) 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 Hull increased by 22 companies.
Half Year (Jul-Dec) Hull UK 2010 22 32,008 2009 -125 -63,883 Record Year 2003 (371) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Hull during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 22 companies.
fourth quarter (Oct 2010 - Dec 2010) Hull UK 2010 22 18,221 2009 -5 847 Record Year 2003 (199) 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 28 -16 10 Net growth in 2009 -15 40 -30 Record Year 2003 (91) 2005 (128) 2002 (74)
UK Company Share
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Annual Data (2010)
In 2010 Hull formed 0.3% of all UK companies. This is no change on 2009 when Hull was responsible for 0.3% of all UK companies.
Year Hull 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1974 (0.5%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Hull formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jul-Dec) Hull 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1974 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Hull formed 0.3% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Hull 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1969 (0.5%) 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 0.3% 0.2% 0.2% UK formation share in 2009 0.3% 0.3% 0.3% % change 10.8% -28.6% -27.3% Record Year 1960 (1.0%) 1974 (0.6%) 1967 (1.6%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.3.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 4.4% 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 44.6.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.5% 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 45.7.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.6% 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 Hull was 1857 when 36.4% of all directors were female.
The percentage of female directors in Hull in 2010 was 32.0%. 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 Hull was 1860 when 42.9% of all directors were female.
24.9% of all director appointments in Hull 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 Hull was in 1977 when 31.1% of all directors were female.
27.1% of all director appointments in Hull 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 (HULL) 2.84% CONSULTING 5.06% HULL 2.31% MANAGEMENT 5.01% TRAINING 0.89% CONSULTANCY 3.14% PROPERTY 0.89% PROPERTY 2.36% JOINERY 0.83% TRADING 2.11% ENGINEERING 0.83% ASSOCIATES 1.95% MANAGEMENT 0.83% DESIGN 1.92% HEATING 0.77% BUSINESS 1.82% CONSTRUCTION 0.77% CONSTRUCTION 1.82% CARE 0.71% CONSULTANTS 1.76% ELECTRICAL 0.71% MEDIA 1.71% CONSULTANCY 0.65% ENGINEERING 1.62% SYSTEMS 0.65% LONDON 1.60% EAST 0.65% CARE 1.45% M 0.65% INVESTMENTS 1.44% PLUMBING 0.65% GLOBAL 1.43% DESIGN 0.59% J 1.42% BAR 0.59% IT 1.41% D 0.53% PROPERTIES 1.34% GAS 0.53% INTERNATIONAL 1.34% S 0.53% BUILDING 1.34% YORKSHIRE 0.53% M 1.30% HUMBER 0.53% ELECTRICAL 1.25% SUPPLIES 0.53% SYSTEMS 1.24% BUILDING 0.47% 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 699 199,572 7487 - Other business activities 139 63,348 9999 - Dormant Company 46 20,144 99999 - Dormant Company 46 16,285 82990 - Other business support service activities not elsewhere classified 35 27,550 9305 - Other service activities 34 8,858 4521 - General construction & civil engineering 28 6,598 5552 - Catering 25 2,157 5540 - Bars 24 2,093 7414 - Business & management consultancy 23 13,474 7260 - Other computer related activities 20 8,089 43320 - Joinery installation 20 1,135 5530 - Restaurants 20 4,939 74909 - Other professional, scientific and technical activities not elsewhere classified 20 7,088 43999 - Other specialised construction activities not elsewhere classified 20 2,854 7499 - Non-trading company 20 12,000 96090 - Other service activities not elsewhere classified 18 8,799 43210 - Electrical installation 17 2,980 4531 - Installation electrical wiring etc. 17 2,170 8514 - Other human health activities 16 2,450
Recent Companies
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Randomly selected companies from this quarter
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