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

  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 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)HullUK
    2014397150,722
    2013362134,802
    % change9.7%11.8%
    Record Year 2014 (397) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2014142118137
    New companies in 2013131118113
    % change8.4%0.0%21.2%
    Record Year2014 (142)2007 (124)2003 (197)

Closed Companies (dissolved)

  1. 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)HullUK
    201421582,370
    201315577,914
    % change38.7%5.7%
    Record Year 2011 (318) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014756080
    Closed companies in 2013743150
    % change1.4%93.5%60%
    Record Year2011 (135)2008 (175)2009 (156)

Net Company Growth

  1. 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)HullUK
    201418268,352
    201320756,888
    Record Year 2007 (213) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2014675857
    Net growth in 2013578763
    Record Year2014 (67)2013 (87)2003 (180)

UK Company Share

  1. 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
    20140.3%
    20130.3%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 1992 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.3%0.2%0.2%
    UK formation share in 20130.3%0.3%0.2%
    % change1.4%-7.7%1.1%
    Record Year1992 (0.5%)1992 (0.4%)2003 (0.5%)

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 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

  1. 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

  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
    (HULL)2.92%CONSULTING5.22%
    HULL2.73%MANAGEMENT4.67%
    PROPERTY1.17%CONSULTANCY3.49%
    ENGINEERING0.97%PROPERTY2.64%
    MANAGEMENT0.97%TRADING2.05%
    YORKSHIRE0.88%LONDON1.88%
    HOLDINGS0.83%ENGINEERING1.86%
    CONSULTING0.78%CARE1.79%
    ELECTRICAL0.68%CONSTRUCTION1.75%
    PROPERTIES0.68%DESIGN1.75%
    S0.68%CONSULTANTS1.73%
    EAST0.63%BUSINESS1.71%
    R0.54%PROPERTIES1.60%
    KINGSTON0.54%INVESTMENTS1.60%
    TRAINING0.54%GLOBAL1.58%
    K0.54%J1.48%
    BUSINESS0.54%ASSOCIATES1.48%
    CONSTRUCTION0.54%MEDIA1.48%
    SCHOOL0.49%IT1.33%
    SERVICE0.49%TRANSPORT1.30%
    TRADING0.49%DEVELOPMENTS1.29%
    INVESTMENTS0.44%BUILDING1.24%
    CONSULTANTS0.44%M1.21%
    HUMBER0.44%CAPITAL1.20%
    J0.44%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied679280,210
    99999 - Dormant Company11747,084
    74909 - Other professional, scientific and technical activities not elsewhere classified6918,491
    70229 - Management consultancy activities other than financial management6637,882
    96090 - Other service activities not elsewhere classified6126,700
    82990 - Other business support service activities not elsewhere classified5456,411
    74990 - Non-trading company4614,135
    56103 - Take-away food shops and mobile food stands457,300
    56302 - Public houses and bars405,732
    62090 - Other information technology service activities3312,813
    43999 - Other specialised construction activities not elsewhere classified338,155
    71129 - Other engineering activities325,477
    86900 - Other human health activities2910,273
    68209 - Other letting and operating of own or leased real estate279,284
    56101 - Licensed restaurants267,965
    43220 - Plumbing, heat and air-conditioning installation244,866
    85590 - Other education not elsewhere classified235,876
    45200 - Maintenance and repair of motor vehicles235,130
    62020 - Information technology consultancy activities2227,750
    49410 - Freight transport by road228,014

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08885996 BESPOKE BOUTIQUES CLOTHING LTD 11 Feb 2014
    08893552 LION AND KEY LTD 13 Feb 2014
    08899063 THE GNOME FACTORY LTD. 17 Feb 2014
    08901909 ROBINSONS & CO LTD 19 Feb 2014
    08888254 STEAD ENGINEERING LIMITED 12 Feb 2014
    08872825 DELIGHTS&ALL THINGS NICE LIMITED 03 Feb 2014
    08897501 SEA WAVE (HULL) LIMITED 17 Feb 2014
    08874361 CHRISTIAN MILL LTD 04 Feb 2014
    08875605 PERTH STREET WEST 1958 LIMITED 04 Feb 2014
    08875695 PERTH STREET WEST 1960 LIMITED 04 Feb 2014
    08896083 CMF COMMUNICATIONS (HULL) LTD 14 Feb 2014
    08896562 R. BROWN TRANSPORT SERVICES LIMITED 17 Feb 2014
    08905575 GK CONSTRUCTION LTD 20 Feb 2014
    08913982 NOAH INVESTMENTS LTD 27 Feb 2014
    08914086 OWEN-DYCE LTD 27 Feb 2014
    08894234 DEPHIL LIMITED 13 Feb 2014
    08896250 PEEJAY TACKLE LIMITED 14 Feb 2014
    08897302 CHAMELION LIMITED 17 Feb 2014
    08898962 HU6 LIMITED 17 Feb 2014
    08905201 DAR POL SUPPLIER LTD. 20 Feb 2014
    08916414 STAR CREATURE LTD 28 Feb 2014
    08877722 MD SERVICES HULL LTD 05 Feb 2014
    08876113 THE IMAGES PICTURE FRAMING COMPANY LIMITED 04 Feb 2014
    08900306 BARTON HAND CAR WASH LIMITED 18 Feb 2014
    08876577 MINI WORX LIMITED 05 Feb 2014