Hull, East Riding of Yorkshire
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Hull when compared to any previous Q1.
- January 2014 saw a new record in company registrations in Hull when compared to any previous January.
- January 2014 saw a new record in net growth in Hull when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Hull when compared to any previous Q1.
A total of 397 companies were registered in Hull during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 9.7% 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) Hull UK 2014 397 150,722 2013 362 134,802 % change 9.7% 11.8% Record Year 2014 (397) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 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 2014 142 118 137 New companies in 2013 131 118 113 % change 8.4% 0.0% 21.2% Record Year 2014 (142) 2007 (124) 2003 (197)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 215 companies were dissolved in Hull during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 38.7% 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) Hull UK 2014 215 82,370 2013 155 77,914 % change 38.7% 5.7% Record Year 2011 (318) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 75 60 80 Closed companies in 2013 74 31 50 % change 1.4% 93.5% 60% Record Year 2011 (135) 2008 (175) 2009 (156)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Hull during the first quarter of 2014 (Jan 2014 - Mar 2014) was 182 companies.
first quarter (Jan 2014 - Mar 2014) Hull UK 2014 182 68,352 2013 207 56,888 Record Year 2007 (213) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in net growth in Hull when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 67 58 57 Net growth in 2013 57 87 63 Record Year 2014 (67) 2013 (87) 2003 (180)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Hull formed 0.3% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Hull 2014 0.3% 2013 0.3% 2012 0.2% 2011 0.3% 2010 0.3% Record Year (since 1960) 1992 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.2% 0.2% UK formation share in 2013 0.3% 0.3% 0.2% % change 1.4% -7.7% 1.1% Record Year 1992 (0.5%) 1992 (0.4%) 2003 (0.5%)
Director Age
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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 3.8% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Hull was in 2008 when 31.0% of all directors were female.
25.3% of all director appointments in Hull 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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (HULL) 2.92% CONSULTING 5.22% HULL 2.73% MANAGEMENT 4.67% PROPERTY 1.17% CONSULTANCY 3.49% ENGINEERING 0.97% PROPERTY 2.64% MANAGEMENT 0.97% TRADING 2.05% YORKSHIRE 0.88% LONDON 1.88% HOLDINGS 0.83% ENGINEERING 1.86% CONSULTING 0.78% CARE 1.79% ELECTRICAL 0.68% CONSTRUCTION 1.75% PROPERTIES 0.68% DESIGN 1.75% S 0.68% CONSULTANTS 1.73% EAST 0.63% BUSINESS 1.71% R 0.54% PROPERTIES 1.60% KINGSTON 0.54% INVESTMENTS 1.60% TRAINING 0.54% GLOBAL 1.58% K 0.54% J 1.48% BUSINESS 0.54% ASSOCIATES 1.48% CONSTRUCTION 0.54% MEDIA 1.48% SCHOOL 0.49% IT 1.33% SERVICE 0.49% TRANSPORT 1.30% TRADING 0.49% DEVELOPMENTS 1.29% INVESTMENTS 0.44% BUILDING 1.24% CONSULTANTS 0.44% M 1.21% HUMBER 0.44% CAPITAL 1.20% J 0.44% ELECTRICAL 1.19%
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 679 280,210 99999 - Dormant Company 117 47,084 74909 - Other professional, scientific and technical activities not elsewhere classified 69 18,491 70229 - Management consultancy activities other than financial management 66 37,882 96090 - Other service activities not elsewhere classified 61 26,700 82990 - Other business support service activities not elsewhere classified 54 56,411 74990 - Non-trading company 46 14,135 56103 - Take-away food shops and mobile food stands 45 7,300 56302 - Public houses and bars 40 5,732 62090 - Other information technology service activities 33 12,813 43999 - Other specialised construction activities not elsewhere classified 33 8,155 71129 - Other engineering activities 32 5,477 86900 - Other human health activities 29 10,273 68209 - Other letting and operating of own or leased real estate 27 9,284 56101 - Licensed restaurants 26 7,965 43220 - Plumbing, heat and air-conditioning installation 24 4,866 85590 - Other education not elsewhere classified 23 5,876 45200 - Maintenance and repair of motor vehicles 23 5,130 62020 - Information technology consultancy activities 22 27,750 49410 - Freight transport by road 22 8,014
Recent Companies
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Randomly selected companies from this quarter
reports
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