South Yorkshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in South Yorkshire when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in South Yorkshire when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in South Yorkshire when compared to any previous Q4.
- December 2014 saw a new record in company registrations in South Yorkshire when compared to any previous December.
- October 2014 saw a new record in company registrations in South Yorkshire when compared to any previous October.
- December 2014 saw a new record in company closures in South Yorkshire when compared to any previous December.
- October 2014 saw a new record in net growth in South Yorkshire 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 South Yorkshire when compared to any year in history.
A total of 8,377 companies were formed in South Yorkshire in 2014. This total is 16.5% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year South Yorkshire UK 2014 8,377 582,051 2013 7,190 529,363 2012 6,457 491,893 2011 6,376 452,870 2010 5,855 400,358 Record Year 2014 (8,377) 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 South Yorkshire when compared to any previous second half year.
In the second half of 2014 a total of 4,105 companies were formed in South Yorkshire. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in South Yorkshire occurred in 2014 when a total of 4,105 were formed.
Half Year (Jul-Dec) South Yorkshire UK 2014 4,105 281,320 2013 3,656 259,931 % change 12.3% 8.2% Record Year 2014 (4,105) 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 South Yorkshire when compared to any previous Q4.
A total of 2,019 companies were registered in South Yorkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 5.5% 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) South Yorkshire UK 2014 2,019 137,906 2013 1,913 127,247 % change 5.5% 8.4% Record Year 2014 (2,019) 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 South Yorkshire when compared to any previous December.
October 2014 saw a new record in company registrations in South Yorkshire when compared to any previous October.
New Companies by Month
October November December New companies in 2014 805 639 575 New companies in 2013 763 686 464 % change 5.5% -6.9% 23.9% Record Year 2014 (805) 2013 (686) 2014 (575)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 5,315 companies were dissolved in South Yorkshire in 2014. This total is 6.5% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year South Yorkshire UK 2014 5,315 367,937 2013 4,991 332,213 2012 4,842 293,729 2011 4,968 314,524 2010 5,056 342,233 Record Year 2009 (6,258) 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 2,712 companies were dissolved in South Yorkshire. This figure is 3.3% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in South Yorkshire occurred in 2009 when a total of 2,861 were closed.
Half Year (Jul-Dec) South Yorkshire UK 2014 2,712 190,730 2013 2,804 177,021 % change -3.3% 7.7% Record Year 2009 (2,861) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,262 companies were dissolved in South Yorkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 21.2% 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) South Yorkshire UK 2014 1,262 89,060 2013 1,601 90,851 % change -21.2% -2.0% Record Year 2013 (1,601) 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 South Yorkshire when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 378 388 496 Closed companies in 2013 767 378 456 % change -50.7% 2.6% 9% Record Year 2013 (767) 2010 (528) 2014 (496)
Net Company Growth
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Annual Data (2014)
A total of 3,062 companies were added to the company register for South Yorkshire in 2014. This number represents growth of 36.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 863 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the South Yorkshire company register grew by 3,389 companies.
Year South Yorkshire UK 2014 3,062 214,114 2013 2,199 197,150 2012 1,615 198,164 2011 1,408 138,346 2010 799 58,125 Record Year 2007 (3,389) 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 South Yorkshire increased by 1,393 companies.
Half Year (Jul-Dec) South Yorkshire UK 2014 1,393 90,590 2013 852 82,910 Record Year 2003 (1,815) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for South Yorkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 757 companies.
fourth quarter (Oct 2014 - Dec 2014) South Yorkshire UK 2014 757 48,846 2013 312 36,396 Record Year 2014 (757) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in South Yorkshire when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 427 251 79 Net growth in 2013 -4 308 8 Record Year 2014 (427) 2013 (308) 2003 (255)
UK Company Share
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Annual Data (2014)
In 2014 South Yorkshire formed 1.4% of all UK companies. This is no change on 2013 when South Yorkshire was responsible for 1.4% of all UK companies.
Year South Yorkshire 2014 1.4% 2013 1.4% 2012 1.3% 2011 1.4% 2010 1.5% Record Year (since 1960) 2009 (1.6%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 South Yorkshire formed 1.5% of all UK companies. This is more than the 2013 figure of 1.4%.
Half Year (Jul-Dec) South Yorkshire 2014 1.5% 2013 1.4% 2012 1.3% 2011 1.3% 2010 1.5% Record Year (since 1960) 2008 (1.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, South Yorkshire formed 1.5% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) South Yorkshire 2014 1.5% 2013 1.5% 2012 1.3% 2011 1.2% 2010 1.5% Record Year (since 1960) 2008 (1.7%) 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 1.5% 1.4% 1.4% UK formation share in 2013 1.5% 1.6% 1.3% % change 0.4% -11.6% 6.1% Record Year 2008 (1.7%) 1990 (1.8%) 1990 (1.7%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.4.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.4% 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 42.0.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.1% 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 42.3.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.0% 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 South Yorkshire was 1990 when 33.4% of all directors were female.
The percentage of female directors in South Yorkshire in 2014 was 26.0%. 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 South Yorkshire was 2006 when 28.9% of all directors were female.
25.7% of all director appointments in South Yorkshire 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 South Yorkshire was in 2007 when 27.9% of all directors were female.
26.0% of all director appointments in South Yorkshire 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 CONTRACTOR 5.57% CONSULTING 5.22% CONSULTING 1.40% MANAGEMENT 4.58% MANAGEMENT 1.38% CONSULTANCY 3.57% CONSULTANCY 1.09% PROPERTY 2.66% PROPERTY 1.06% CONSTRUCTION 2.12% CARE 0.97% ENGINEERING 2.10% ELECTRICAL 0.93% CARE 2.02% CONSTRUCTION 0.87% TRADING 1.94% ENGINEERING 0.80% LONDON 1.93% J 0.79% TRANSPORT 1.93% BUSINESS 0.76% DESIGN 1.66% TRADING 0.74% CONSULTANTS 1.64% DESIGN 0.71% ELECTRICAL 1.62% ENERGY 0.70% PROPERTIES 1.62% CO 0.70% BUSINESS 1.56% HEALTHCARE 0.68% J 1.54% R 0.68% CO., 1.50% M 0.65% GLOBAL 1.49% YORKSHIRE 0.65% INVESTMENTS 1.48% BUILDING 0.64% ASSOCIATES 1.47% DEVELOPMENTS 0.63% DEVELOPMENTS 1.35% HOUSE 0.61% MEDIA 1.33% S 0.60% IT 1.31% PROPERTIES 0.58% BUILDING 1.29% CONSULTANTS 0.57% 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 3,522 265,608 99999 - Dormant Company 638 48,509 82990 - Other business support service activities not elsewhere classified 444 58,068 70229 - Management consultancy activities other than financial management 392 42,290 96090 - Other service activities not elsewhere classified 295 29,009 62020 - Information technology consultancy activities 233 30,178 86900 - Other human health activities 196 12,976 74909 - Other professional, scientific and technical activities not elsewhere classified 188 19,049 56302 - Public houses and bars 181 6,285 43999 - Other specialised construction activities not elsewhere classified 168 8,761 56103 - Take-away food shops and mobile food stands 167 8,318 49410 - Freight transport by road 166 10,842 62090 - Other information technology service activities 157 12,837 41100 - Development of building projects 154 11,397 68209 - Other letting and operating of own or leased real estate 150 11,212 47910 - Retail sale via mail order houses or via Internet 145 10,107 74990 - Non-trading company 121 13,984 43210 - Electrical installation 120 5,985 41202 - Construction of domestic buildings 115 7,559 70100 - Activities of head offices 111 4,204
Recent Companies
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Randomly selected companies from this quarter
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