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
New Company Registrations
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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.
Year Hull UK 2014 1,475 582,051 2013 1,363 529,363 2012 1,306 491,893 2011 1,163 452,870 2010 1,072 400,358 Record Year 2014 (1,475) 2014 (582,051) New Companies by Year
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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) Hull UK 2014 713 281,320 2013 676 259,931 % change 5.5% 8.2% Record Year 2014 (713) 2014 (281,320) New Companies by Half Year
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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) Hull UK 2014 313 137,906 2013 326 127,247 % change -4.0% 8.4% Record Year 2013 (326) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 110 100 103 New companies in 2013 129 104 93 % change -14.7% -3.8% 10.8% Record Year 2013 (129) 2005 (170) 2014 (103)
Closed Companies (dissolved)
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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.
Year Hull UK 2014 1,093 367,937 2013 957 332,213 2012 820 293,729 2011 1,016 314,524 2010 1,025 342,233 Record Year 2009 (1,495) 2009 (533,789) Dissolved Companies by Year
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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) Hull UK 2014 570 190,730 2013 594 177,021 % change -4.0% 7.7% Record Year 2009 (654) 2009 (244,544) Dissolved Companies by Half Year
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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) Hull UK 2014 270 89,060 2013 331 90,851 % change -18.4% -2.0% Record Year 2013 (331) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 76 86 108 Closed companies in 2013 163 82 86 % change -53.4% 4.9% 26% Record Year 2013 (163) 2011 (101) 2014 (108)
Net Company Growth
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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.
Year Hull UK 2014 382 214,114 2013 406 197,150 2012 486 198,164 2011 147 138,346 2010 47 58,125 Record Year 2006 (723) 2007 (237,353) Net Growth by Year
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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) Hull UK 2014 143 90,590 2013 82 82,910 Record Year 2003 (371) 2003 (117,772) Net Growth by Half Year
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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) Hull UK 2014 43 48,846 2013 -5 36,396 Record Year 2005 (193) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 34 14 -5 Net growth in 2013 -34 22 7 Record Year 2003 (91) 2005 (128) 2002 (74)
UK Company Share
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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.
Year Hull 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1992 (0.3%) Company Share by Year
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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 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.2% 2010 0.3% Record Year (since 1960) 1991 (0.3%) Company Share by Half Year
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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 2014 0.2% 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.3% Record Year (since 1960) 1991 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.3% UK formation share in 2013 0.3% 0.2% 0.3% % change -18.9% -8.7% -5.2% Record Year 2007 (0.3%) 2005 (0.5%) 2002 (0.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage HULL 2.84% CONSULTING 5.22% (HULL) 2.29% MANAGEMENT 4.58% MANAGEMENT 1.19% CONSULTANCY 3.57% ELECTRICAL 1.05% PROPERTY 2.66% J 0.82% CONSTRUCTION 2.12% PROPERTY 0.78% ENGINEERING 2.10% YORKSHIRE 0.73% CARE 2.02% ENGINEERING 0.69% TRADING 1.94% CAR 0.64% LONDON 1.93% M 0.64% TRANSPORT 1.93% BUILDING 0.59% DESIGN 1.66% S 0.59% CONSULTANTS 1.64% C 0.55% ELECTRICAL 1.62% SERVICE 0.55% PROPERTIES 1.62% R 0.55% BUSINESS 1.56% D 0.55% J 1.54% CONSTRUCTION 0.50% CO., 1.50% TRAINING 0.50% GLOBAL 1.49% CONSULTING 0.50% INVESTMENTS 1.48% MAINTENANCE 0.50% ASSOCIATES 1.47% EAST 0.46% DEVELOPMENTS 1.35% MARKETING 0.46% MEDIA 1.33% LEISURE 0.46% IT 1.31% TRANSPORT 0.46% BUILDING 1.29% HOLDINGS 0.46% M 1.22%
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 678 265,608 99999 - Dormant Company 133 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 93 19,049 70229 - Management consultancy activities other than financial management 69 42,290 96090 - Other service activities not elsewhere classified 54 29,009 82990 - Other business support service activities not elsewhere classified 47 58,068 74990 - Non-trading company 46 13,984 56103 - Take-away food shops and mobile food stands 44 8,318 56302 - Public houses and bars 39 6,285 71129 - Other engineering activities 37 6,132 43999 - Other specialised construction activities not elsewhere classified 36 8,761 68209 - Other letting and operating of own or leased real estate 34 11,212 86900 - Other human health activities 34 12,976 43220 - Plumbing, heat and air-conditioning installation 34 5,189 62090 - Other information technology service activities 31 12,837 85590 - Other education not elsewhere classified 28 6,206 45200 - Maintenance and repair of motor vehicles 28 5,425 56101 - Licensed restaurants 27 8,782 70100 - Activities of head offices 26 4,204 41100 - Development of building projects 25 11,397
Recent Companies
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Randomly selected companies from this quarter
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