Sheffield, South Yorkshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Sheffield when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Sheffield when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Sheffield when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Sheffield when compared to any previous December.
- October 2014 saw a new record in company registrations in Sheffield when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Sheffield when compared to any year in history.
A total of 3,743 companies were formed in Sheffield in 2014. This total is 9.7% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Sheffield UK 2014 3,743 582,051 2013 3,411 529,363 2012 3,374 491,893 2011 3,215 452,870 2010 2,856 400,358 Record Year 2014 (3,743) 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 Sheffield when compared to any previous second half year.
In the second half of 2014 a total of 1,838 companies were formed in Sheffield. This figure is 8.4% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Sheffield occurred in 2014 when a total of 1,838 were formed.
Half Year (Jul-Dec) Sheffield UK 2014 1,838 281,320 2013 1,695 259,931 % change 8.4% 8.2% Record Year 2014 (1,838) 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 Sheffield when compared to any previous Q4.
A total of 884 companies were registered in Sheffield during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 3.0% 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) Sheffield UK 2014 884 137,906 2013 858 127,247 % change 3.0% 8.4% Record Year 2014 (884) 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 Sheffield when compared to any previous December.
October 2014 saw a new record in company registrations in Sheffield when compared to any previous October.
New Companies by Month
October November December New companies in 2014 340 276 268 New companies in 2013 327 316 215 % change 4.0% -12.7% 24.7% Record Year 2014 (340) 2013 (316) 2014 (268)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 2,687 companies were dissolved in Sheffield in 2014. This total is 2.5% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Sheffield UK 2014 2,687 367,937 2013 2,621 332,213 2012 2,425 293,729 2011 2,458 314,524 2010 2,409 342,233 Record Year 2009 (3,034) 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 1,392 companies were dissolved in Sheffield. This figure is 4.3% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Sheffield occurred in 2013 when a total of 1,454 were closed.
Half Year (Jul-Dec) Sheffield UK 2014 1,392 190,730 2013 1,454 177,021 % change -4.3% 7.7% Record Year 2013 (1,454) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 653 companies were dissolved in Sheffield during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 22.3% 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) Sheffield UK 2014 653 89,060 2013 840 90,851 % change -22.3% -2.0% Record Year 2013 (840) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 213 212 228 Closed companies in 2013 400 198 242 % change -46.8% 7.1% -6% Record Year 2013 (400) 2010 (244) 2011 (255)
Net Company Growth
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Annual Data (2014)
A total of 1,056 companies were added to the company register for Sheffield in 2014. This number represents growth of 28.2% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 266 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Sheffield company register grew by 1,577 companies.
Year Sheffield UK 2014 1,056 214,114 2013 790 197,150 2012 949 198,164 2011 757 138,346 2010 447 58,125 Record Year 2007 (1,577) 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 Sheffield increased by 446 companies.
Half Year (Jul-Dec) Sheffield UK 2014 446 90,590 2013 241 82,910 Record Year 2003 (868) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Sheffield during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 231 companies.
fourth quarter (Oct 2014 - Dec 2014) Sheffield UK 2014 231 48,846 2013 18 36,396 Record Year 2007 (342) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 127 64 40 Net growth in 2013 -73 118 -27 Record Year 2003 (214) 2003 (139) 2002 (121)
UK Company Share
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Annual Data (2014)
In 2014 Sheffield formed 0.6% of all UK companies. This is no change on 2013 when Sheffield was responsible for 0.6% of all UK companies.
Year Sheffield 2014 0.6% 2013 0.6% 2012 0.7% 2011 0.7% 2010 0.7% Record Year (since 1960) 1990 (0.8%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Sheffield formed 0.7% of all UK companies. This is the same as the 2013 figure of 0.7%.
Half Year (Jul-Dec) Sheffield 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% Record Year (since 1960) 1990 (0.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Sheffield formed 0.6% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Sheffield 2014 0.6% 2013 0.7% 2012 0.6% 2011 0.6% 2010 0.7% Record Year (since 1960) 1990 (0.9%) 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 0.7% 0.6% 0.7% UK formation share in 2013 0.7% 0.7% 0.6% % change -1.1% -17.1% 6.7% Record Year 1992 (0.9%) 1990 (1.0%) 1928 (3.0%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.8.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.4% 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 42.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.9% 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 42.8.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.5% 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 Sheffield was 1966 when 100.0% of all directors were female.
The percentage of female directors in Sheffield in 2014 was 26.6%. 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 Sheffield was 2005 when 29.3% of all directors were female.
27.1% of all director appointments in Sheffield 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 Sheffield was in 2005 when 30.7% of all directors were female.
27.7% of all director appointments in Sheffield 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 CONSULTING 1.43% CONSULTING 5.22% MANAGEMENT 1.30% MANAGEMENT 4.58% CARE 1.01% CONSULTANCY 3.57% PROPERTY 0.95% PROPERTY 2.66% RTM 0.93% CONSTRUCTION 2.12% CONSULTANCY 0.93% ENGINEERING 2.10% TRADING 0.85% CARE 2.02% ELECTRICAL 0.83% TRADING 1.94% J 0.81% LONDON 1.93% CONSTRUCTION 0.81% TRANSPORT 1.93% DESIGN 0.77% DESIGN 1.66% HEALTHCARE 0.72% CONSULTANTS 1.64% CO 0.70% ELECTRICAL 1.62% HOUSE 0.64% PROPERTIES 1.62% CONSULTANTS 0.64% BUSINESS 1.56% ENGINEERING 0.62% J 1.54% BUILDING 0.60% CO., 1.50% SHEFFIELD 0.60% GLOBAL 1.49% PROPERTIES 0.58% INVESTMENTS 1.48% ROAD 0.54% ASSOCIATES 1.47% DEVELOPMENTS 0.54% DEVELOPMENTS 1.35% MEDICAL 0.52% MEDIA 1.33% ASSOCIATES 0.52% IT 1.31% INVESTMENTS 0.50% BUILDING 1.29% R 0.48% 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 1,583 265,608 99999 - Dormant Company 305 48,509 82990 - Other business support service activities not elsewhere classified 297 58,068 70229 - Management consultancy activities other than financial management 192 42,290 62020 - Information technology consultancy activities 143 30,178 96090 - Other service activities not elsewhere classified 125 29,009 86900 - Other human health activities 121 12,976 74909 - Other professional, scientific and technical activities not elsewhere classified 104 19,049 56302 - Public houses and bars 91 6,285 68209 - Other letting and operating of own or leased real estate 87 11,212 62090 - Other information technology service activities 86 12,837 70100 - Activities of head offices 80 4,204 74990 - Non-trading company 73 13,984 41100 - Development of building projects 71 11,397 62012 - Business and domestic software development 70 9,752 47910 - Retail sale via mail order houses or via Internet 65 10,107 56101 - Licensed restaurants 59 8,782 43999 - Other specialised construction activities not elsewhere classified 58 8,761 96020 - Hairdressing and other beauty treatment 57 6,742 85590 - Other education not elsewhere classified 57 6,206
Recent Companies
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Randomly selected companies from this quarter
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