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
    09423139 HU2 HOLDINGS LIMITED 04 Feb 2015
    09431097 XARIFA HOLDINGS LIMITED 10 Feb 2015
    09433182 EASYCARE INTERNATIONAL LIMITED 11 Feb 2015
    09440305 URSUS MAN LIMITED 16 Feb 2015
    09442683 THE BAYTREE HOLDINGS LIMITED 17 Feb 2015
    09444847 HOELLRING REIFEN VERWALTUNG LTD. 17 Feb 2015
    09456342 QFSL CLEANING (HULL) LIMITED 24 Feb 2015
    09462101 CELESTE SOLUTIONS LIMITED 27 Feb 2015
    09424642 EYSC LTD 05 Feb 2015
    09426375 GA & SONS LIMITED 06 Feb 2015
    09428630 ALLIANCE ELECTRICAL LTD 09 Feb 2015
    09440480 SIGNA PROFESSIONALS LTD 16 Feb 2015
    09447992 HULL DIGITAL MEDIA SERVICES LIMITED 19 Feb 2015
    09458651 REINVENT FURNITURE LIMITED 25 Feb 2015
    09426910 THOMAS VALETING LTD 06 Feb 2015
    09446606 M.S MAINTENANCE SERVICES LTD 18 Feb 2015
    09421146 PRAXIS MAKES PERFECT LIMITED 04 Feb 2015
    09426096 WORKPLACE HEALTH FIRST LTD 06 Feb 2015
    09433483 MOTORKARL LTD 11 Feb 2015
    09421010 HM VARGAS LIMITED 04 Feb 2015
    09429510 ANDALUSIAN OLIVE OIL COMPANY LIMITED 09 Feb 2015
    09430680 CJ PHARMA SERVICES LTD 10 Feb 2015
    09449012 INSPIRE CONSTRUCTION LTD 19 Feb 2015
    09425873 NAPOLI (HULL) LIMITED 06 Feb 2015
    09447757 FJF BUILDING SERVICES LIMITED 19 Feb 2015