Hull, East Riding of Yorkshire
Q1 2011 Business Confidence Report
Headlines
- January 2011 saw a new record in company registrations in Hull when compared to any previous January.
- Q1 2011 saw a new record in company closures in Hull when compared to any previous Q1.
- January 2011 saw a new record in company closures in Hull when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 340 companies were registered in Hull during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 19.7% versus the same period last year (Q1 2010). This figure compares well 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) Hull UK 2011 340 116,391 2010 284 105,137 % change 19.7% 10.7% Record Year 2003 (395) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company registrations in Hull when compared to any previous January.
New Companies by Month
January February March New companies in 2011 119 103 118 New companies in 2010 77 83 124 % change 54.5% 24.1% -4.8% Record Year 2011 (119) 2007 (124) 2003 (197)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company closures in Hull when compared to any previous Q1.
A total of 318 companies were dissolved in Hull during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 35.3% 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) Hull UK 2011 318 90,986 2010 235 82,677 % change 35.3% 10.0% Record Year 2011 (318) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
January 2011 saw a new record in company closures in Hull when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 135 85 98 Closed companies in 2010 59 74 102 % change 128.8% 14.9% -4% Record Year 2011 (135) 2008 (175) 2009 (156)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Hull during the first quarter of 2011 (Jan 2011 - Mar 2011) was 22 companies.
first quarter (Jan 2011 - Mar 2011) Hull UK 2011 22 25,405 2010 49 22,460 Record Year 2003 (327) 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 -16 18 20 Net growth in 2010 18 9 22 Record Year 2003 (64) 2003 (83) 2003 (180)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Hull formed 0.3% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Hull 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.2% Record Year (since 1960) 1975 (0.6%) 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 0.4% 0.3% 0.3% UK formation share in 2010 0.3% 0.2% 0.3% % change 33.3% 9.2% -9.2% Record Year 1976 (0.8%) 1975 (1.0%) 1974 (0.8%)
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 43.6.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 2.5% 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 Hull was in 1861 when 40.0% of all directors were female.
23.8% of all director appointments in Hull 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 (HULL) 3.33% CONSULTING 5.04% HULL 2.35% MANAGEMENT 4.97% TRAINING 0.98% CONSULTANCY 3.16% PROPERTY 0.86% PROPERTY 2.38% CONSTRUCTION 0.80% TRADING 2.10% BAR 0.75% DESIGN 1.93% ELECTRICAL 0.75% ASSOCIATES 1.92% JOINERY 0.75% BUSINESS 1.87% MANAGEMENT 0.75% CONSTRUCTION 1.80% CONSULTANCY 0.69% CONSULTANTS 1.76% HEATING 0.69% MEDIA 1.69% (YORKSHIRE) 0.69% ENGINEERING 1.61% PLUMBING 0.69% LONDON 1.60% EAST 0.69% CARE 1.45% J 0.63% J 1.45% BUILDING 0.63% GLOBAL 1.44% S 0.63% INVESTMENTS 1.43% ENGINEERING 0.63% IT 1.41% CARE 0.57% PROPERTIES 1.36% COMMUNITY 0.57% BUILDING 1.34% DESIGN 0.57% M 1.30% HUMBER 0.57% ELECTRICAL 1.28% CONSULTING 0.52% S 1.24% HAIR 0.52% INTERNATIONAL 1.23% SUPPLIES 0.52% 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 707 202,798 7487 - Other business activities 132 60,968 99999 - Dormant Company 47 18,336 9999 - Dormant Company 41 19,765 82990 - Other business support service activities not elsewhere classified 37 30,253 9305 - Other service activities 31 8,740 4521 - General construction & civil engineering 27 6,183 5552 - Catering 25 2,128 5540 - Bars 24 2,075 7414 - Business & management consultancy 23 12,916 74909 - Other professional, scientific and technical activities not elsewhere classified 23 7,788 96090 - Other service activities not elsewhere classified 23 10,085 7260 - Other computer related activities 22 7,789 5530 - Restaurants 21 4,898 43320 - Joinery installation 21 1,194 7499 - Non-trading company 20 11,316 43999 - Other specialised construction activities not elsewhere classified 19 3,097 74990 - Non-trading company 17 8,695 86900 - Other human health activities 17 4,092 4533 - Plumbing 16 1,451
Recent Companies
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Randomly selected companies from this quarter
reports
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