Hull, East Riding of Yorkshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Hull when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Hull when compared to any previous second half year.
  • December 2014 saw a new record in company registrations in Hull when compared to any previous December.
  • December 2014 saw a new record in company closures in Hull when compared to any previous December.

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 Hull when compared to any year in history.

    A total of 1,475 companies were formed in Hull in 2014. This total is 8.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearHullUK
    20141,475582,051
    20131,363529,363
    20121,306491,893
    20111,163452,870
    20101,072400,358
    Record Year2014 (1,475)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 Hull when compared to any previous second half year.

    In the second half of 2014 a total of 713 companies were formed in Hull. This figure is 5.5% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Hull occurred in 2014 when a total of 713 were formed.

    Half Year (Jul-Dec)HullUK
    2014713281,320
    2013676259,931
    % change5.5%8.2%
    Record Year2014 (713)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 313 companies were registered in Hull during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 4.0% 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)HullUK
    2014313137,906
    2013326127,247
    % change-4.0%8.4%
    Record Year 2013 (326) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Hull when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014110100103
    New companies in 201312910493
    % change-14.7%-3.8%10.8%
    Record Year2013 (129)2005 (170)2014 (103)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 1,093 companies were dissolved in Hull in 2014. This total is 14.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearHullUK
    20141,093367,937
    2013957332,213
    2012820293,729
    20111,016314,524
    20101,025342,233
    Record Year2009 (1,495)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 570 companies were dissolved in Hull. This figure is 4.0% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Hull occurred in 2009 when a total of 654 were closed.

    Half Year (Jul-Dec)HullUK
    2014570190,730
    2013594177,021
    % change-4.0%7.7%
    Record Year2009 (654)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 270 companies were dissolved in Hull during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 18.4% 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)HullUK
    201427089,060
    201333190,851
    % change-18.4%-2.0%
    Record Year 2013 (331) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20147686108
    Closed companies in 20131638286
    % change-53.4%4.9%26%
    Record Year2013 (163)2011 (101)2014 (108)

Net Company Growth

  1. Annual Data (2014)

    A total of 382 companies were added to the company register for Hull in 2014. This number represents growth of 25.9% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 24 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the Hull company register grew by 723 companies.

    YearHullUK
    2014382214,114
    2013406197,150
    2012486198,164
    2011147138,346
    20104758,125
    Record Year2006 (723)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Hull increased by 143 companies.

    Half Year (Jul-Dec)HullUK
    201414390,590
    20138282,910
    Record Year2003 (371)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Hull during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 43 companies.

    fourth quarter (Oct 2014 - Dec 2014)HullUK
    20144348,846
    2013-536,396
    Record Year 2005 (193) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20143414-5
    Net growth in 2013-34227
    Record Year2003 (91)2005 (128)2002 (74)

UK Company Share

  1. Annual Data (2014)

    In 2014 Hull formed 0.3% of all UK companies. This is no change on 2013 when Hull was responsible for 0.3% of all UK companies.

    YearHull
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960)1992 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Hull formed 0.3% of all UK companies. This is the same as the 2013 figure of 0.3%.

    Half Year (Jul-Dec)Hull
    20140.3%
    20130.3%
    20120.3%
    20110.2%
    20100.3%
    Record Year (since 1960) 1991 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Hull formed 0.2% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Hull
    20140.2%
    20130.3%
    20120.2%
    20110.2%
    20100.3%
    Record Year (since 1960) 1991 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.3%
    UK formation share in 20130.3%0.2%0.3%
    % change-18.9%-8.7%-5.2%
    Record Year2007 (0.3%)2005 (0.5%)2002 (0.4%)

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 4.1% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.9% 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 43.6.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.9% 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 43.8.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.8% 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 Hull was 1960 when 100.0% of all directors were female.

    The percentage of female directors in Hull in 2014 was 24.8%. 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 Hull was 2010 when 27.2% of all directors were female.

    24.1% of all director appointments in Hull 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 Hull was in 2012 when 29.3% of all directors were female.

    27.6% of all director appointments in Hull 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
    HULL2.84%CONSULTING5.22%
    (HULL)2.29%MANAGEMENT4.58%
    MANAGEMENT1.19%CONSULTANCY3.57%
    ELECTRICAL1.05%PROPERTY2.66%
    J0.82%CONSTRUCTION2.12%
    PROPERTY0.78%ENGINEERING2.10%
    YORKSHIRE0.73%CARE2.02%
    ENGINEERING0.69%TRADING1.94%
    CAR0.64%LONDON1.93%
    M0.64%TRANSPORT1.93%
    BUILDING0.59%DESIGN1.66%
    S0.59%CONSULTANTS1.64%
    C0.55%ELECTRICAL1.62%
    SERVICE0.55%PROPERTIES1.62%
    R0.55%BUSINESS1.56%
    D0.55%J1.54%
    CONSTRUCTION0.50%CO.,1.50%
    TRAINING0.50%GLOBAL1.49%
    CONSULTING0.50%INVESTMENTS1.48%
    MAINTENANCE0.50%ASSOCIATES1.47%
    EAST0.46%DEVELOPMENTS1.35%
    MARKETING0.46%MEDIA1.33%
    LEISURE0.46%IT1.31%
    TRANSPORT0.46%BUILDING1.29%
    HOLDINGS0.46%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied678265,608
    99999 - Dormant Company13348,509
    74909 - Other professional, scientific and technical activities not elsewhere classified9319,049
    70229 - Management consultancy activities other than financial management6942,290
    96090 - Other service activities not elsewhere classified5429,009
    82990 - Other business support service activities not elsewhere classified4758,068
    74990 - Non-trading company4613,984
    56103 - Take-away food shops and mobile food stands448,318
    56302 - Public houses and bars396,285
    71129 - Other engineering activities376,132
    43999 - Other specialised construction activities not elsewhere classified368,761
    68209 - Other letting and operating of own or leased real estate3411,212
    86900 - Other human health activities3412,976
    43220 - Plumbing, heat and air-conditioning installation345,189
    62090 - Other information technology service activities3112,837
    85590 - Other education not elsewhere classified286,206
    45200 - Maintenance and repair of motor vehicles285,425
    56101 - Licensed restaurants278,782
    70100 - Activities of head offices264,204
    41100 - Development of building projects2511,397

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09298796 PIZZA BOSS LIMITED 06 Nov 2014
    09298992 GREEN PORT ICT SOLUTIONS LIMITED 06 Nov 2014
    09299819 BCA LONDON 1 LTD 06 Nov 2014
    09300373 RGB BUILDERS LIMITED 07 Nov 2014
    09300503 SWITCH ELECTRONICS LIMITED 07 Nov 2014
    09303912 SMALL MAN TRAINING LTD 10 Nov 2014
    09332477 HOPKINS UK TRADING LTD 28 Nov 2014
    09325246 K M HAUGHEY DRIVER SERVICES LTD 24 Nov 2014
    09327638 INSPIRE-ADVANTAGE LTD 26 Nov 2014
    09307465 LRC LAMBOURNE LTD 12 Nov 2014
    09307987 ADAM RHODES CONSULTANCY LIMITED 12 Nov 2014
    09308290 TULIP ESTATE AGENTS LTD 12 Nov 2014
    09323193 TONY BARLEY SERVICES LTD 21 Nov 2014
    09330053 MOTOR WORLD HULL LTD 27 Nov 2014
    09291665 MOTORTECH HULL LIMITED 03 Nov 2014
    09316466 YP TRADING LIMITED 18 Nov 2014
    09324371 ACCIDENT ADVICE (HULL) LTD 24 Nov 2014
    09321609 HULL HOMELESS OUTREACH LTD 20 Nov 2014
    09292125 SHEDSHARE LTD 03 Nov 2014
    09324573 ACCOUNTAHOLICS LIMITED 24 Nov 2014
    09320997 PIOTR ZAPOLOCH LTD 20 Nov 2014
    09322915 MD LANDSCAPES LTD 21 Nov 2014
    09301661 QV ANALYTICS LIMITED 07 Nov 2014
    09305229 MADOKWHITT LIMITED 11 Nov 2014
    09309962 COLDEC ELECTRICAL SERVICES LTD 13 Nov 2014