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

  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 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.

    YearSheffieldUK
    20143,743582,051
    20133,411529,363
    20123,374491,893
    20113,215452,870
    20102,856400,358
    Record Year2014 (3,743)2014 (582,051)
    New Companies by Year
  2. 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)SheffieldUK
    20141,838281,320
    20131,695259,931
    % change8.4%8.2%
    Record Year2014 (1,838)2014 (281,320)
    New Companies by Half Year
  3. 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)SheffieldUK
    2014884137,906
    2013858127,247
    % change3.0%8.4%
    Record Year 2014 (884) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014340276268
    New companies in 2013327316215
    % change4.0%-12.7%24.7%
    Record Year2014 (340)2013 (316)2014 (268)

Closed Companies (dissolved)

  1. 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.

    YearSheffieldUK
    20142,687367,937
    20132,621332,213
    20122,425293,729
    20112,458314,524
    20102,409342,233
    Record Year2009 (3,034)2009 (533,789)
    Dissolved Companies by Year
  2. 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)SheffieldUK
    20141,392190,730
    20131,454177,021
    % change-4.3%7.7%
    Record Year2013 (1,454)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)SheffieldUK
    201465389,060
    201384090,851
    % change-22.3%-2.0%
    Record Year 2013 (840) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014213212228
    Closed companies in 2013400198242
    % change-46.8%7.1%-6%
    Record Year2013 (400)2010 (244)2011 (255)

Net Company Growth

  1. 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.

    YearSheffieldUK
    20141,056214,114
    2013790197,150
    2012949198,164
    2011757138,346
    201044758,125
    Record Year2007 (1,577)2007 (237,353)
    Net Growth by Year
  2. 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)SheffieldUK
    201444690,590
    201324182,910
    Record Year2003 (868)2003 (117,772)
    Net Growth by Half Year
  3. 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)SheffieldUK
    201423148,846
    20131836,396
    Record Year 2007 (342) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141276440
    Net growth in 2013-73118-27
    Record Year2003 (214)2003 (139)2002 (121)

UK Company Share

  1. 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.

    YearSheffield
    20140.6%
    20130.6%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960)1990 (0.8%)
    Company Share by Year
  2. 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
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960) 1990 (0.8%)
    Company Share by Half Year
  3. 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
    20140.6%
    20130.7%
    20120.6%
    20110.6%
    20100.7%
    Record Year (since 1960) 1990 (0.9%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.7%0.6%0.7%
    UK formation share in 20130.7%0.7%0.6%
    % change-1.1%-17.1%6.7%
    Record Year1992 (0.9%)1990 (1.0%)1928 (3.0%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    CONSULTING1.43%CONSULTING5.22%
    MANAGEMENT1.30%MANAGEMENT4.58%
    CARE1.01%CONSULTANCY3.57%
    PROPERTY0.95%PROPERTY2.66%
    RTM0.93%CONSTRUCTION2.12%
    CONSULTANCY0.93%ENGINEERING2.10%
    TRADING0.85%CARE2.02%
    ELECTRICAL0.83%TRADING1.94%
    J0.81%LONDON1.93%
    CONSTRUCTION0.81%TRANSPORT1.93%
    DESIGN0.77%DESIGN1.66%
    HEALTHCARE0.72%CONSULTANTS1.64%
    CO0.70%ELECTRICAL1.62%
    HOUSE0.64%PROPERTIES1.62%
    CONSULTANTS0.64%BUSINESS1.56%
    ENGINEERING0.62%J1.54%
    BUILDING0.60%CO.,1.50%
    SHEFFIELD0.60%GLOBAL1.49%
    PROPERTIES0.58%INVESTMENTS1.48%
    ROAD0.54%ASSOCIATES1.47%
    DEVELOPMENTS0.54%DEVELOPMENTS1.35%
    MEDICAL0.52%MEDIA1.33%
    ASSOCIATES0.52%IT1.31%
    INVESTMENTS0.50%BUILDING1.29%
    R0.48%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,583265,608
    99999 - Dormant Company30548,509
    82990 - Other business support service activities not elsewhere classified29758,068
    70229 - Management consultancy activities other than financial management19242,290
    62020 - Information technology consultancy activities14330,178
    96090 - Other service activities not elsewhere classified12529,009
    86900 - Other human health activities12112,976
    74909 - Other professional, scientific and technical activities not elsewhere classified10419,049
    56302 - Public houses and bars916,285
    68209 - Other letting and operating of own or leased real estate8711,212
    62090 - Other information technology service activities8612,837
    70100 - Activities of head offices804,204
    74990 - Non-trading company7313,984
    41100 - Development of building projects7111,397
    62012 - Business and domestic software development709,752
    47910 - Retail sale via mail order houses or via Internet6510,107
    56101 - Licensed restaurants598,782
    43999 - Other specialised construction activities not elsewhere classified588,761
    96020 - Hairdressing and other beauty treatment576,742
    85590 - Other education not elsewhere classified576,206

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09295082 RRM CONTRACTS LIMITED 04 Nov 2014
    09307727 JAMES PETERS LIMITED 12 Nov 2014
    09324448 SMD ENTERPRISES LIMITED 24 Nov 2014
    09331097 EXCELLENT DESIGN HEADQUARTERS LIMITED 27 Nov 2014
    09298889 MAHACHI HEALTH SOLUTIONS LIMITED 06 Nov 2014
    09299658 INCREDIBLE BULK SELF STORAGE LIMITED 06 Nov 2014
    09302192 TEMPLEBROUGH NO 2 LIMITED 10 Nov 2014
    09306021 HAPPY HOUSE CANTONESE TAKEAWAY LTD 11 Nov 2014
    09309339 SAMUEL REEDS LTD 13 Nov 2014
    09312799 KITCHENHUT DISTRIBUTION LIMITED 17 Nov 2014
    09328373 RAINBOW CLARITY LIMITED 26 Nov 2014
    09292869 DUBAI CAPITAL LIMITED 03 Nov 2014
    09313725 UNITED WASTE SOLUTIONS LTD 17 Nov 2014
    09324612 PORTLAND HEALTHCARE LIMITED 24 Nov 2014
    09298105 DIRECT MOTOR REPAIRS LIMITED 06 Nov 2014
    09318431 DIL AY LTD 19 Nov 2014
    09292313 D PARKIN CONSULTANCY SERVICES LIMITED 03 Nov 2014
    09292674 CLEAR PILL LTD 03 Nov 2014
    09301921 MX DRIVER LIMITED 10 Nov 2014
    09309850 ANNIESTASIA-FAITH-CHITWAMALI LTD. 13 Nov 2014
    09321361 MADAME EXECUTIVE LIMITED 20 Nov 2014
    09325079 COLLEY AVENUE 1960 LIMITED 24 Nov 2014
    09314882 ANNETAS LTD 17 Nov 2014
    09322129 JEFFERSONS HEALTH CARE LIMITED 21 Nov 2014
    09325757 THE STREET CAFFE LTD 25 Nov 2014