Hull, East Riding of Yorkshire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Hull when compared to any previous Q1.
  • February 2015 saw a new record in company registrations in Hull when compared to any previous February.

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 2015)

    Q1 2015 saw a new record in company registrations in Hull when compared to any previous Q1.

    A total of 411 companies were registered in Hull during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 3.5% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)HullUK
    2015411161,156
    2014397150,722
    % change3.5%6.9%
    Record Year 2015 (411) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company registrations in Hull when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015100141170
    New companies in 2014142118137
    % change-29.6%19.5%24.1%
    Record Year2014 (142)2015 (141)2003 (197)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 257 companies were dissolved in Hull during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 19.5% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)HullUK
    201525789,523
    201421582,370
    % change19.5%8.7%
    Record Year 2011 (318) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015738995
    Closed companies in 2014756080
    % change-2.7%48.3%19%
    Record Year2011 (135)2008 (175)2009 (156)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Hull during the first quarter of 2015 (Jan 2015 - Mar 2015) was 154 companies.

    first quarter (Jan 2015 - Mar 2015)HullUK
    201515471,633
    201418268,352
    Record Year 2007 (213) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015275275
    Net growth in 2014675857
    Record Year2014 (67)2013 (87)2003 (180)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Hull formed 0.3% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Hull
    20150.3%
    20140.3%
    20130.3%
    20120.2%
    20110.3%
    Record Year (since 1960) 1992 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.3%0.3%
    UK formation share in 20140.3%0.2%0.2%
    % change-30.9%10.1%13.1%
    Record Year1992 (0.5%)1992 (0.4%)2003 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 44.5.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Hull was in 2008 when 31.0% of all directors were female.

    22.8% of all director appointments in Hull in the first quarter of 2015 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 2014-Mar 2015)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    HULL2.99%CONSULTING5.23%
    (HULL)2.27%MANAGEMENT4.56%
    ELECTRICAL1.22%CONSULTANCY3.62%
    MANAGEMENT1.22%PROPERTY2.72%
    PROPERTY0.91%CONSTRUCTION2.19%
    J0.86%CARE2.13%
    S0.72%ENGINEERING2.12%
    ENGINEERING0.72%LONDON1.91%
    YORKSHIRE0.72%TRADING1.88%
    CAR0.68%TRANSPORT1.82%
    BUILDING0.68%ELECTRICAL1.76%
    M0.63%DESIGN1.65%
    LEISURE0.54%PROPERTIES1.63%
    D0.54%CO.,1.58%
    GROUP0.54%J1.55%
    TRANSPORT0.54%CONSULTANTS1.54%
    C0.54%BUSINESS1.49%
    TRADING0.50%INVESTMENTS1.49%
    CAFE0.50%GLOBAL1.46%
    HOUSE0.50%ASSOCIATES1.44%
    HOLDINGS0.50%DEVELOPMENTS1.36%
    MARKETING0.50%BUILDING1.31%
    BAR0.50%IT1.30%
    CONSTRUCTION0.45%MEDIA1.28%
    R0.45%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied760288,953
    99999 - Dormant Company14349,474
    74909 - Other professional, scientific and technical activities not elsewhere classified10019,098
    70229 - Management consultancy activities other than financial management6843,081
    96090 - Other service activities not elsewhere classified5629,218
    56103 - Take-away food shops and mobile food stands498,607
    82990 - Other business support service activities not elsewhere classified4758,522
    74990 - Non-trading company4613,794
    56302 - Public houses and bars426,355
    43999 - Other specialised construction activities not elsewhere classified389,080
    68209 - Other letting and operating of own or leased real estate3511,600
    86900 - Other human health activities3513,990
    71129 - Other engineering activities346,278
    62090 - Other information technology service activities3312,862
    45200 - Maintenance and repair of motor vehicles325,392
    43220 - Plumbing, heat and air-conditioning installation315,331
    56101 - Licensed restaurants288,909
    70100 - Activities of head offices284,223
    85590 - Other education not elsewhere classified276,238
    49410 - Freight transport by road2612,485

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09427570 ALBERIA POLSKA LIMITED 09 Feb 2015
    09430039 DATA TO DECISIONS LIMITED 09 Feb 2015
    09433182 EASYCARE INTERNATIONAL LIMITED 11 Feb 2015
    09442683 THE BAYTREE HOLDINGS LIMITED 17 Feb 2015
    09444985 THISTL LIMITED 17 Feb 2015
    09438127 KINGSTON CAPITAL FINANCE LIMITED 13 Feb 2015
    09420185 HULLS ANGELS ROLLER DAMES LIMITED 03 Feb 2015
    09436734 IMAGE CLOCKS LIMITED 12 Feb 2015
    09440980 STANLEY CHARLES PROPERTY LIMITED 16 Feb 2015
    09451388 METRO GYM LTD 20 Feb 2015
    09463593 VAN MAINTENANCE LTD 27 Feb 2015
    09430662 INSULATED PLASTERBOARDS LTD 10 Feb 2015
    09436027 LUTKIN PRODUCTION LIMITED 12 Feb 2015
    09443702 BARLOW (HULL) LIMITED 17 Feb 2015
    09448127 FEARNLEY & FEARNLEY LIMITED 19 Feb 2015
    09443470 KNOW HIM LIMITED 17 Feb 2015
    09456355 TILLYMINTS (EAST HULL) LIMITED 24 Feb 2015
    09463191 EFFICIENT PROPERTY SERVICES LTD 27 Feb 2015
    09421010 HM VARGAS LIMITED 04 Feb 2015
    09421461 S & D DEVELOPMENTS (HULL) LTD 04 Feb 2015
    09430871 THE VILLAGE RETREAT LIMITED 10 Feb 2015
    09455470 ANGEL TOUCH THERAPIES LIMITED 24 Feb 2015
    09461521 ASH LAB LIMITED 27 Feb 2015
    09417203 GUMBO TRADING SOLUTION LIMITED 02 Feb 2015
    09453171 M & S MOTORS HULL LTD 23 Feb 2015