Sheffield, South Yorkshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Sheffield when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Sheffield when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Sheffield when compared to any previous February.
  • January 2014 saw a new record in company registrations in Sheffield when compared to any previous January.
  • February 2014 saw a new record in company closures in Sheffield when compared to any previous February.
  • January 2014 saw a new record in net growth in Sheffield when compared to any previous January.

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 2014)

    Q1 2014 saw a new record in company registrations in Sheffield when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Sheffield when compared to any quarter in history.

    A total of 952 companies were registered in Sheffield during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 8.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SheffieldUK
    2014952150,722
    2013877134,802
    % change8.6%11.8%
    Record Year 2014 (952) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Sheffield when compared to any previous February.

    January 2014 saw a new record in company registrations in Sheffield when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014306303343
    New companies in 2013290279308
    % change5.5%8.6%11.4%
    Record Year2014 (306)2014 (303)2007 (355)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 594 companies were dissolved in Sheffield during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 15.8% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SheffieldUK
    201459482,370
    201351377,914
    % change15.8%5.7%
    Record Year 2011 (658) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Sheffield when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014170233191
    Closed companies in 201326496153
    % change-35.6%142.7%25%
    Record Year2013 (264)2014 (233)2009 (360)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Sheffield during the first quarter of 2014 (Jan 2014 - Mar 2014) was 358 companies.

    first quarter (Jan 2014 - Mar 2014)SheffieldUK
    201435868,352
    201336456,888
    Record Year 2007 (489) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    January 2014 saw a new record in net growth in Sheffield when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201413670152
    Net growth in 201326183155
    Record Year2014 (136)2013 (183)2000 (250)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Sheffield formed 0.6% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Sheffield
    20140.6%
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960) 2000 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.7%0.6%0.6%
    UK formation share in 20130.7%0.6%0.7%
    % change-1.3%0.3%-7.1%
    Record Year1978 (1.2%)1985 (1.0%)2000 (1.1%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 42.5.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Sheffield was in 2007 when 29.5% of all directors were female.

    25.1% of all director appointments in Sheffield in the first quarter of 2014 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 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.62%CONSULTING5.22%
    CONSULTING1.24%MANAGEMENT4.67%
    CONSULTANCY1.13%CONSULTANCY3.49%
    PROPERTY1.06%PROPERTY2.64%
    DESIGN0.82%TRADING2.05%
    TRADING0.80%LONDON1.88%
    CARE0.80%ENGINEERING1.86%
    SHEFFIELD0.71%CARE1.79%
    CONSTRUCTION0.69%CONSTRUCTION1.75%
    RTM0.64%DESIGN1.75%
    ENTERPRISES0.64%CONSULTANTS1.73%
    HOUSE0.62%BUSINESS1.71%
    HEALTH0.60%PROPERTIES1.60%
    IT0.60%INVESTMENTS1.60%
    ENERGY0.60%GLOBAL1.58%
    EVENTS0.58%J1.48%
    PROPERTIES0.58%ASSOCIATES1.48%
    YORKSHIRE0.55%MEDIA1.48%
    ELECTRICAL0.55%IT1.33%
    MEDICAL0.55%TRANSPORT1.30%
    J0.55%DEVELOPMENTS1.29%
    TRAINING0.53%BUILDING1.24%
    CONSULTANTS0.51%M1.21%
    MUSIC0.51%CAPITAL1.20%
    MEDIA0.49%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,864280,210
    99999 - Dormant Company35747,084
    82990 - Other business support service activities not elsewhere classified32256,411
    70229 - Management consultancy activities other than financial management16037,882
    62020 - Information technology consultancy activities13227,750
    96090 - Other service activities not elsewhere classified12526,700
    86900 - Other human health activities9410,273
    74909 - Other professional, scientific and technical activities not elsewhere classified9218,491
    68209 - Other letting and operating of own or leased real estate919,284
    62090 - Other information technology service activities8612,813
    56302 - Public houses and bars855,732
    70100 - Activities of head offices734,019
    74990 - Non-trading company7014,135
    47910 - Retail sale via mail order houses or via Internet629,358
    41100 - Development of building projects609,855
    56101 - Licensed restaurants597,965
    43999 - Other specialised construction activities not elsewhere classified598,155
    62012 - Business and domestic software development599,509
    90030 - Artistic creation584,340
    96020 - Hairdressing and other beauty treatment566,236

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08877581 AIRSTOC LIMITED 05 Feb 2014
    08877816 KEYSTONE CAPITAL LTD 05 Feb 2014
    08884401 ESPATHOME LIMITED 10 Feb 2014
    OC391546 DOTFORGE SOCIAL VENTURES LLP 27 Feb 2014
    08896166 TUBE FORM TECHNOLOGIES LIMITED 14 Feb 2014
    08904704 SLUG ART LTD 20 Feb 2014
    08908939 FULLERTON HOUSE PROPERTY LIMITED 24 Feb 2014
    08909171 ALLSERVICES LTD 24 Feb 2014
    08875212 KPI AND CO LTD 04 Feb 2014
    08875231 CHAITA HEALTH SOLUTIONS LTD 04 Feb 2014
    08900136 G HINCH ELECTRICAL LTD 18 Feb 2014
    08906004 MONCREA CONSULTING LTD 21 Feb 2014
    08907373 VJB LOCUMS LTD 24 Feb 2014
    08908199 ABAL SOLUTIONS LTD 24 Feb 2014
    08911353 TODWICK TRANSPORT LTD 25 Feb 2014
    08876404 CUT AND SHUFFLE SPACE LTD 04 Feb 2014
    08898072 TAMOUH INVESTMENTS CO LTD 17 Feb 2014
    08903824 WISDOM & SON MOTORS LTD 20 Feb 2014
    08916924 A&A GLOBAL FOOD LTD 28 Feb 2014
    08886151 ORCHESTRA CREATIVE LTD. 11 Feb 2014
    08888913 PENINE CHECKS LTD 12 Feb 2014
    08902336 DEJO CONSULTANCY LIMITED 19 Feb 2014
    08883110 FOOTBALL TAD LIMITED 10 Feb 2014
    08884684 HAWKRIGG SOFTWARE LIMITED 10 Feb 2014
    08910926 BLUE HILLS TECHNOLOGY LIMITED 25 Feb 2014