Hyde, Greater Manchester

2014 Annual Business Confidence Report

Headlines

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

    A total of 235 companies were formed in Hyde in 2014. This total is 13.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearHydeUK
    2014235582,051
    2013208529,363
    2012169491,893
    2011185452,870
    2010190400,358
    Record Year2014 (235)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 93 companies were formed in Hyde. This figure is 17.0% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Hyde occurred in 2013 when a total of 112 were formed.

    Half Year (Jul-Dec)HydeUK
    201493281,320
    2013112259,931
    % change-17.0%8.2%
    Record Year2013 (112)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 46 companies were registered in Hyde during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 20.7% 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)HydeUK
    201446137,906
    201358127,247
    % change-20.7%8.4%
    Record Year 2013 (58) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014171712
    New companies in 2013202216
    % change-15.0%-22.7%-25.0%
    Record Year2009 (26)2013 (22)2013 (16)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 182 companies were dissolved in Hyde in 2014. This total is 26.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearHydeUK
    2014182367,937
    2013144332,213
    2012138293,729
    2011137314,524
    2010129342,233
    Record Year2009 (207)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Hyde when compared to any previous second half year.

    In the second half of 2014 a total of 106 companies were dissolved in Hyde. This figure is 8.2% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Hyde occurred in 2014 when a total of 106 were closed.

    Half Year (Jul-Dec)HydeUK
    2014106190,730
    201398177,021
    % change8.2%7.7%
    Record Year2014 (106)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 39 companies were dissolved in Hyde during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 2.6% versus the same period last year (Q4 2013). This figure compares poorly 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)HydeUK
    20143989,060
    20133890,851
    % change2.6%-2.0%
    Record Year 2009 (41) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014111612
    Closed companies in 201317138
    % change-35.3%23.1%50%
    Record Year2013 (17)2012 (21)2014 (12)

Net Company Growth

  1. Annual Data (2014)

    A total of 53 companies were added to the company register for Hyde in 2014. This number represents growth of 22.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 11 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Hyde company register grew by 94 companies.

    YearHydeUK
    201453214,114
    201364197,150
    201231198,164
    201148138,346
    20106158,125
    Record Year2007 (94)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Hyde decreased by 13 companies.

    Half Year (Jul-Dec)HydeUK
    2014-1390,590
    20131482,910
    Record Year2003 (50)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Hyde during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 7 companies.

    fourth quarter (Oct 2014 - Dec 2014)HydeUK
    2014748,846
    20132036,396
    Record Year 2013 (20) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014610
    Net growth in 2013398
    Record Year2002 (10)2004 (14)2013 (8)

UK Company Share

  1. Annual Data (2014)

    In 2014 Hyde formed 0.0% of all UK companies. This is no change on 2013 when Hyde was responsible for 0.0% of all UK companies.

    YearHyde
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1998 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Hyde formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Hyde
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1992 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Hyde formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Hyde
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1992 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.1%0.0%
    % change-19.3%-26.7%-35.9%
    Record Year2009 (0.1%)1999 (0.1%)1992 (0.1%)

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 2.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 5.9% 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 43.1.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 7.9% 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 42.6.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 10.3% 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 Hyde was 1999 when 36.8% of all directors were female.

    The percentage of female directors in Hyde in 2014 was 25.6%. 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 Hyde was 2006 when 29.8% of all directors were female.

    23.0% of all director appointments in Hyde 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 Hyde was in 2005 when 31.0% of all directors were female.

    24.4% of all director appointments in Hyde 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
    ELECTRICAL1.96%CONSULTING5.22%
    ENGINEERING1.31%MANAGEMENT4.58%
    M1.09%CONSULTANCY3.57%
    DESIGN1.09%PROPERTY2.66%
    SOLAR0.87%CONSTRUCTION2.12%
    CONSULTANCY0.65%ENGINEERING2.10%
    PROPERTY0.65%CARE2.02%
    WOODLANDS0.65%TRADING1.94%
    PERFECT0.65%LONDON1.93%
    LOGISTICS0.65%TRANSPORT1.93%
    (NW)0.65%DESIGN1.66%
    W0.65%CONSULTANTS1.64%
    PICTURE0.65%ELECTRICAL1.62%
    MANCHESTER0.65%PROPERTIES1.62%
    J0.65%BUSINESS1.56%
    BUSINESS0.65%J1.54%
    STREET0.65%CO.,1.50%
    TRANSPORT0.65%GLOBAL1.49%
    CENTRE0.44%INVESTMENTS1.48%
    FUTURE0.44%ASSOCIATES1.47%
    H0.44%DEVELOPMENTS1.35%
    CAR0.44%MEDIA1.33%
    NORTH0.44%IT1.31%
    IT0.44%BUILDING1.29%
    CARE0.44%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied104265,608
    99999 - Dormant Company1948,509
    70229 - Management consultancy activities other than financial management1042,290
    96090 - Other service activities not elsewhere classified929,009
    62020 - Information technology consultancy activities930,178
    82990 - Other business support service activities not elsewhere classified858,068
    41100 - Development of building projects711,397
    68100 - Buying and selling of own real estate77,106
    74909 - Other professional, scientific and technical activities not elsewhere classified719,049
    47910 - Retail sale via mail order houses or via Internet610,107
    64999 - Financial intermediation not elsewhere classified56,083
    71129 - Other engineering activities56,132
    43220 - Plumbing, heat and air-conditioning installation55,189
    47190 - Other retail sale in non-specialised stores53,802
    93199 - Other sports activities54,176
    68209 - Other letting and operating of own or leased real estate411,212
    69201 - Accounting and auditing activities47,528
    43210 - Electrical installation45,985
    56101 - Licensed restaurants48,782
    56103 - Take-away food shops and mobile food stands48,318

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09293460 ROSCOE RUTTER LIMITED 04 Nov 2014
    09293477 SM DIRECT (RETAIL) LIMITED 04 Nov 2014
    09294886 CHESHIRE ELECTRICAL CONTRACTS LTD 04 Nov 2014
    09297776 S.T.E. INSTALLATIONS LTD 06 Nov 2014
    09298833 ELLUMINATE LTD 06 Nov 2014
    09300074 J MALLARD LTD 07 Nov 2014
    09305700 CRAIG MONTON LIMITED 11 Nov 2014
    09307910 ONE OFF ENGINEERING (HYDE) LIMITED 12 Nov 2014
    09311873 BPI SOLUTIONS LIMITED 14 Nov 2014
    09313278 EMPIRE PUMPS LIMITED 17 Nov 2014
    09313554 PICTURE PERFECT MEMORIES LIMITED 17 Nov 2014
    09313605 PICTURE PERFECT WEDDINGS LIMITED 17 Nov 2014
    09313624 PICTURE PERFECT FUN LIMITED 17 Nov 2014
    09318360 J.E.N BUILDERS LIMITED 19 Nov 2014
    09325430 PRETTY STEPS DAY NURSERY LTD 24 Nov 2014
    09330444 GOLO GOLF LIMITED 27 Nov 2014
    09332579 A W DECOR LIMITED 28 Nov 2014

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