Sheffield, South Yorkshire

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Sheffield when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Sheffield when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Sheffield when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Sheffield when compared to any previous November.
  • Q4 2010 saw a new record in company closures in Sheffield when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Sheffield when compared to any previous November.
  • October 2010 saw a new record in company closures in Sheffield when compared to any previous October.

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 (2010)

    2010 was a record year for company registrations in Sheffield when compared to any year in history.

    A total of 2,856 companies were formed in Sheffield in 2010. This total is 12.0% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearSheffieldUK
    20102,856400,358
    20092,551362,675
    20082,380349,203
    20072,781457,649
    20062,330405,440
    Record Year2010 (2,856)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Sheffield when compared to any previous second half year.

    In the second half of 2010 a total of 1,438 companies were formed in Sheffield. This figure is 12.0% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Sheffield occurred in 2010 when a total of 1,438 were formed.

    Half Year (Jul-Dec)SheffieldUK
    20101,438196,609
    20091,284180,654
    % change12.0%8.8%
    Record Year2010 (1,438)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Sheffield when compared to any previous Q4.

    A total of 675 companies were registered in Sheffield during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 9.8% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)SheffieldUK
    201067595,117
    200961585,983
    % change9.8%10.6%
    Record Year 2010 (675) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Sheffield when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010243255177
    New companies in 2009212203200
    % change14.6%25.6%-11.5%
    Record Year2003 (282)2010 (255)2009 (200)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 2,410 companies were dissolved in Sheffield in 2010. This total is 20.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearSheffieldUK
    20102,410342,232
    20093,035533,773
    20081,336237,901
    20071,203220,295
    20061,216200,166
    Record Year2009 (3,035)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 1,244 companies were dissolved in Sheffield. This figure is 10.6% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Sheffield occurred in 2009 when a total of 1,391 were closed.

    Half Year (Jul-Dec)SheffieldUK
    20101,244164,601
    20091,391244,537
    % change-10.6%-32.7%
    Record Year2009 (1,391)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Sheffield when compared to any previous Q4.

    A total of 618 companies were dissolved in Sheffield during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 11.6% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)SheffieldUK
    201061876,896
    200955485,136
    % change11.6%-9.7%
    Record Year 2010 (618) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Sheffield when compared to any previous November.

    October 2010 saw a new record in company closures in Sheffield when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010208244166
    Closed companies in 2009167159228
    % change24.6%53.5%-27%
    Record Year2010 (208)2010 (244)2009 (228)

Net Company Growth

  1. Annual Data (2010)

    A total of 446 companies were added to the company register for Sheffield in 2010. This number represents growth of 17.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 930 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Sheffield company register grew by 1,776 companies.

    YearSheffieldUK
    201044658,126
    2009-484-171,098
    20081,044111,302
    20071,578237,354
    20061,114205,274
    Record Year2003 (1,776)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Sheffield increased by 194 companies.

    Half Year (Jul-Dec)SheffieldUK
    201019432,008
    2009-107-63,883
    Record Year2003 (868)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Sheffield during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 57 companies.

    fourth quarter (Oct 2010 - Dec 2010)SheffieldUK
    20105718,221
    200961847
    Record Year 2003 (470) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010351111
    Net growth in 20094544-28
    Record Year2003 (214)2003 (139)2002 (121)

UK Company Share

  1. Annual Data (2010)

    In 2010 Sheffield formed 0.7% of all UK companies. This is no change on 2009 when Sheffield was responsible for 0.7% of all UK companies.

    YearSheffield
    20100.7%
    20090.7%
    20080.7%
    20070.6%
    20060.6%
    Record Year (since 1960)1973 (1.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Sheffield formed 0.7% of all UK companies. This is the same as the 2009 figure of 0.7%.

    Half Year (Jul-Dec)Sheffield
    20100.7%
    20090.7%
    20080.7%
    20070.7%
    20060.6%
    Record Year (since 1960) 1973 (1.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Sheffield formed 0.7% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Sheffield
    20100.7%
    20090.7%
    20080.7%
    20070.7%
    20060.6%
    Record Year (since 1960) 1975 (1.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.7%0.7%0.7%
    UK formation share in 20090.7%0.7%0.8%
    % change0.4%12.3%-15.8%
    Record Year1975 (1.5%)1965 (1.6%)1966 (1.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.4.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.0.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.9.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Sheffield was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Sheffield in 2010 was 28.2%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Sheffield was 1860 when 42.9% of all directors were female.

    25.3% of all director appointments in Sheffield in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Sheffield was in 1977 when 31.1% of all directors were female.

    25.5% of all director appointments in Sheffield in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.65%CONSULTING5.06%
    CONSULTING1.27%MANAGEMENT5.01%
    DESIGN0.90%CONSULTANCY3.14%
    FEET0.77%PROPERTY2.36%
    CONSULTANCY0.74%TRADING2.11%
    APPY0.72%ASSOCIATES1.95%
    CARE0.69%DESIGN1.92%
    SHEFFIELD0.69%BUSINESS1.82%
    ELECTRICAL0.69%CONSTRUCTION1.82%
    M0.69%CONSULTANTS1.76%
    YORKSHIRE0.66%MEDIA1.71%
    CONSTRUCTION0.66%ENGINEERING1.62%
    PROPERTY0.64%LONDON1.60%
    ENGINEERING0.64%CARE1.45%
    GLOBAL0.64%INVESTMENTS1.44%
    TRADING0.61%GLOBAL1.43%
    DEVELOPMENTS0.61%J1.42%
    CARPETS0.58%IT1.41%
    CONSULTANTS0.58%PROPERTIES1.34%
    ASSOCIATES0.58%INTERNATIONAL1.34%
    PROPERTIES0.56%BUILDING1.34%
    ENERGY0.56%M1.30%
    INTERNATIONAL0.56%ELECTRICAL1.25%
    MEDIA0.53%SYSTEMS1.24%
    CO.,0.53%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,259199,572
    7487 - Other business activities36263,348
    82990 - Other business support service activities not elsewhere classified17727,550
    99999 - Dormant Company11816,285
    9999 - Dormant Company11820,144
    7414 - Business & management consultancy8613,474
    70229 - Management consultancy activities other than financial management8014,505
    7499 - Non-trading company6712,000
    7260 - Other computer related activities598,089
    74990 - Non-trading company598,243
    96090 - Other service activities not elsewhere classified578,799
    62020 - Information technology consultancy activities559,177
    4521 - General construction & civil engineering536,598
    9305 - Other service activities528,858
    7222 - Other software consultancy and supply527,298
    62090 - Other information technology service activities416,330
    74909 - Other professional, scientific and technical activities not elsewhere classified417,088
    43210 - Electrical installation372,980
    5530 - Restaurants374,939
    5244 - Retail furniture household etc.28901

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07479377 CHANGING ROOM MEDIA LTD 29 Dec 2010
    07479147 ADVANCED VITRIFICATION SOLUTIONS LIMITED 29 Dec 2010
    07460431 KISSANUT PRODUCTIONS LIMITED 06 Dec 2010
    07457206 RICHARD GIBSON LTD 01 Dec 2010
    07479784 LM MINING CO., LIMITED 30 Dec 2010
    07478725 TRADEXPARK LTD 29 Dec 2010
    07478586 B&Y NEW ENERGY TECHNOLOGY LIMITED 29 Dec 2010
    07478387 ALLOY ANALYSIS LIMITED 29 Dec 2010
    07475299 BLUE CLOUD DEVELOPMENTS LTD 21 Dec 2010
    07475093 UK MINERAL IMPORT AND EXPORT CO., LTD 21 Dec 2010
    07472130 ONEWAY CLAIMS LTD 16 Dec 2010
    07468883 HMR INTERNATIONAL INDUSTRIAL LTD 14 Dec 2010
    07463534 PROCARE CONSULTING LTD 08 Dec 2010
    07461763 BIZNESCLASS LTD 07 Dec 2010
    07461229 SHEFFIELD YOUNG CARERS PROJECT 06 Dec 2010
    07458110 BSA PARTNERS LIMITED 02 Dec 2010
    07475328 MORTGAGE COMPENSATION ADVICE LTD 21 Dec 2010
    07457921 1ST CLASS MIXER SERVICES LTD 02 Dec 2010
    07478353 G - T PROTECTION LIMITED 29 Dec 2010
    07475312 BUSINESS HEALTH WORKS LIMITED 21 Dec 2010
    07473681 SOPHWORLD LTD 20 Dec 2010
    07471259 EESY LTD 16 Dec 2010
    07475063 TRAIN RECORDS (UK) LTD 21 Dec 2010
    07463930 FMA FUEL LTD 08 Dec 2010
    07468971 ROPE ACCESS ELECTRICAL LTD. 14 Dec 2010