Leicestershire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Leicestershire when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Leicestershire when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Leicestershire when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Leicestershire when compared to any previous December.
- November 2014 saw a new record in company registrations in Leicestershire when compared to any previous November.
- October 2014 saw a new record in company registrations in Leicestershire when compared to any previous October.
- December 2014 saw a new record in company closures in Leicestershire when compared to any previous December.
- November 2014 saw a new record in net growth in Leicestershire when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Leicestershire when compared to any year in history.
A total of 6,678 companies were formed in Leicestershire in 2014. This total is 12.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Leicestershire UK 2014 6,678 582,051 2013 5,914 529,363 2012 5,447 491,893 2011 4,954 452,870 2010 4,410 400,358 Record Year 2014 (6,678) 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 Leicestershire when compared to any previous second half year.
In the second half of 2014 a total of 3,207 companies were formed in Leicestershire. This figure is 9.8% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Leicestershire occurred in 2014 when a total of 3,207 were formed.
Half Year (Jul-Dec) Leicestershire UK 2014 3,207 281,320 2013 2,921 259,931 % change 9.8% 8.2% Record Year 2014 (3,207) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Leicestershire when compared to any previous Q4.
A total of 1,603 companies were registered in Leicestershire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 10.5% versus the same period last year (Q4 2013). This figure compares equally 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) Leicestershire UK 2014 1,603 137,906 2013 1,451 127,247 % change 10.5% 8.4% Record Year 2014 (1,603) 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 Leicestershire when compared to any previous December.
November 2014 saw a new record in company registrations in Leicestershire when compared to any previous November.
October 2014 saw a new record in company registrations in Leicestershire when compared to any previous October.
New Companies by Month
October November December New companies in 2014 591 568 444 New companies in 2013 553 513 385 % change 6.9% 10.7% 15.3% Record Year 2014 (591) 2014 (568) 2014 (444)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 4,141 companies were dissolved in Leicestershire in 2014. This total is 8.7% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Leicestershire UK 2014 4,141 367,937 2013 3,811 332,213 2012 3,469 293,729 2011 3,537 314,524 2010 3,853 342,233 Record Year 2009 (5,649) 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 2,123 companies were dissolved in Leicestershire. This figure is 2.4% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Leicestershire occurred in 2009 when a total of 2,757 were closed.
Half Year (Jul-Dec) Leicestershire UK 2014 2,123 190,730 2013 2,175 177,021 % change -2.4% 7.7% Record Year 2009 (2,757) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,002 companies were dissolved in Leicestershire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 17.5% 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) Leicestershire UK 2014 1,002 89,060 2013 1,214 90,851 % change -17.5% -2.0% Record Year 2013 (1,214) 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 Leicestershire when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 312 300 390 Closed companies in 2013 592 313 309 % change -47.3% -4.2% 26% Record Year 2013 (592) 2011 (366) 2014 (390)
Net Company Growth
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Annual Data (2014)
A total of 2,537 companies were added to the company register for Leicestershire in 2014. This number represents growth of 38.0% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 434 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Leicestershire company register grew by 2,537 companies.
Year Leicestershire UK 2014 2,537 214,114 2013 2,103 197,150 2012 1,978 198,164 2011 1,417 138,346 2010 557 58,125 Record Year 2014 (2,537) 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 Leicestershire increased by 1,084 companies.
Half Year (Jul-Dec) Leicestershire UK 2014 1,084 90,590 2013 746 82,910 Record Year 2003 (1,532) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Leicestershire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 601 companies.
fourth quarter (Oct 2014 - Dec 2014) Leicestershire UK 2014 601 48,846 2013 237 36,396 Record Year 2014 (601) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Leicestershire when compared to any previous November.
Net Growth by Month
October November December Net growth in 2014 279 268 54 Net growth in 2013 -39 200 76 Record Year 2003 (336) 2014 (268) 2003 (208)
UK Company Share
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Annual Data (2014)
In 2014 Leicestershire formed 1.1% of all UK companies. This is no change on 2013 when Leicestershire was responsible for 1.1% of all UK companies.
Year Leicestershire 2014 1.1% 2013 1.1% 2012 1.1% 2011 1.1% 2010 1.1% Record Year (since 1960) 1991 (1.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Leicestershire formed 1.1% of all UK companies. This is the same as the 2013 figure of 1.1%.
Half Year (Jul-Dec) Leicestershire 2014 1.1% 2013 1.1% 2012 1.1% 2011 1.1% 2010 1.1% Record Year (since 1960) 2002 (1.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Leicestershire formed 1.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Leicestershire 2014 1.2% 2013 1.1% 2012 1.1% 2011 1.1% 2010 1.1% Record Year (since 1960) 2002 (1.3%) 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 1.1% 1.3% 1.1% UK formation share in 2013 1.1% 1.2% 1.1% % change 1.7% 5.1% -1.3% Record Year 1990 (1.4%) 2002 (1.3%) 1992 (1.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.7.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.6% 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 42.6.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.0% 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 42.7.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.2% 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 Leicestershire was 1991 when 30.4% of all directors were female.
The percentage of female directors in Leicestershire in 2014 was 26.5%. 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 Leicestershire was 2012 when 27.1% of all directors were female.
25.4% of all director appointments in Leicestershire 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 Leicestershire was in 2013 when 27.9% of all directors were female.
24.4% of all director appointments in Leicestershire 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 LEICESTER 1.87% CONSULTING 5.22% CARE 1.57% MANAGEMENT 4.58% CONSULTING 1.49% CONSULTANCY 3.57% CONSULTANCY 1.44% PROPERTY 2.66% MANAGEMENT 1.41% CONSTRUCTION 2.12% (LEICESTER) 1.00% ENGINEERING 2.10% PROPERTIES 1.00% CARE 2.02% PROPERTY 0.95% TRADING 1.94% TRANSPORT 0.91% LONDON 1.93% INVESTMENTS 0.80% TRANSPORT 1.93% S 0.73% DESIGN 1.66% CONSTRUCTION 0.73% CONSULTANTS 1.64% M 0.72% ELECTRICAL 1.62% ENGINEERING 0.65% PROPERTIES 1.62% DESIGN 0.65% BUSINESS 1.56% J 0.65% J 1.54% TRADING 0.63% CO., 1.50% DEVELOPMENTS 0.61% GLOBAL 1.49% HEALTHCARE 0.59% INVESTMENTS 1.48% MEDICAL 0.57% ASSOCIATES 1.47% LOGISTICS 0.57% DEVELOPMENTS 1.35% BUSINESS 0.56% MEDIA 1.33% D 0.56% IT 1.31% GLOBAL 0.52% BUILDING 1.29% B 0.51% 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 2,596 265,608 99999 - Dormant Company 472 48,509 70229 - Management consultancy activities other than financial management 434 42,290 96090 - Other service activities not elsewhere classified 335 29,009 82990 - Other business support service activities not elsewhere classified 296 58,068 49410 - Freight transport by road 274 10,842 62020 - Information technology consultancy activities 268 30,178 86900 - Other human health activities 205 12,976 74909 - Other professional, scientific and technical activities not elsewhere classified 185 19,049 47910 - Retail sale via mail order houses or via Internet 158 10,107 62090 - Other information technology service activities 130 12,837 68209 - Other letting and operating of own or leased real estate 128 11,212 41100 - Development of building projects 116 11,397 86101 - Hospital activities 108 4,366 56101 - Licensed restaurants 103 8,782 74990 - Non-trading company 98 13,984 62012 - Business and domestic software development 96 9,752 56103 - Take-away food shops and mobile food stands 96 8,318 86210 - General medical practice activities 93 4,591 41202 - Construction of domestic buildings 92 7,559
Recent Companies
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Randomly selected companies from this quarter
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