Wakefield, West Yorkshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company closures in Wakefield when compared to any previous February.

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 2010)

    A total of 247 companies were registered in Wakefield during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 1.6% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)WakefieldUK
    2010247105,137
    200924391,034
    % change1.6%15.5%
    Record Year 2007 (514) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20106776104
    New companies in 2009748188
    % change-9.5%-6.2%18.2%
    Record Year2006 (168)2007 (167)2007 (194)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 321 companies were dissolved in Wakefield during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 22.7% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)WakefieldUK
    201032182,677
    2009415108,060
    % change-22.7%-23.5%
    Record Year 2009 (415) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Wakefield when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201073123125
    Closed companies in 20093651328
    % change102.8%141.2%-62%
    Record Year2008 (84)2010 (123)2009 (328)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Wakefield during the first quarter of 2010 (Jan 2010 - Mar 2010) was -74 companies.

    first quarter (Jan 2010 - Mar 2010)WakefieldUK
    2010-7422,460
    2009-172-17,026
    Record Year 2006 (367) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-6-47-21
    Net growth in 20093830-240
    Record Year2006 (138)2005 (109)2008 (143)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Wakefield formed 0.2% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Wakefield
    20100.2%
    20090.3%
    20080.4%
    20070.3%
    20060.4%
    Record Year (since 1960) 2008 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.3%0.3%0.2%
    % change-16.0%-19.7%-1.8%
    Record Year2006 (0.5%)1965 (0.7%)2008 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 45.4.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Wakefield was in 1861 when 40.0% of all directors were female.

    22.9% of all director appointments in Wakefield in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING1.42%MANAGEMENT5.01%
    MANAGEMENT1.36%CONSULTING4.60%
    DESIGN0.84%CONSULTANCY2.87%
    SERVICE0.78%PROPERTY2.50%
    CONSULTANCY0.78%ASSOCIATES2.04%
    (WAKEFIELD)0.71%TRADING1.93%
    -0.71%DESIGN1.91%
    MARKETING0.71%CONSTRUCTION1.87%
    (YORKSHIRE)0.71%MEDIA1.84%
    IT0.58%BUSINESS1.74%
    SYSTEMS0.58%INTERNATIONAL1.73%
    R0.58%CONSULTANTS1.63%
    MEDIA0.52%ENGINEERING1.54%
    UND0.52%J1.48%
    WAKEFIELD0.45%LONDON1.45%
    TRAINING0.45%INVESTMENTS1.45%
    PROPERTY0.45%GROUP1.37%
    TRADING0.45%GLOBAL1.35%
    INVEST0.45%PROPERTIES1.35%
    ELECTRICAL0.39%BUILDING1.34%
    ENGINEERING0.39%CARE1.33%
    CONSTRUCTION0.39%ELECTRICAL1.30%
    D0.39%M1.28%
    YORKSHIRE0.39%SYSTEMS1.25%
    K0.39%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,021228,645
    7499 - Non-trading company14015,398
    7487 - Other business activities12774,904
    7414 - Business & management consultancy7417,003
    74990 - Non-trading company638,149
    7260 - Other computer related activities4510,331
    70229 - Management consultancy activities other than financial management4114,007
    7222 - Other software consultancy and supply359,659
    4521 - General construction & civil engineering349,325
    99999 - Dormant Company2913,808
    62020 - Information technology consultancy activities279,943
    82990 - Other business support service activities not elsewhere classified2626,974
    5190 - Other wholesale261,489
    9999 - Dormant Company2419,948
    9305 - Other service activities239,038
    6024 - Freight transport by road203,665
    7440 - Advertising191,918
    7415 - Holding companies including head offices172,286
    7011 - Development & sell real estate165,300
    4545 - Other building completion153,346

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07140896 IWA ENTERPRISE LIMITED 29 Jan 2010
    07139533 ROSENGARTEN LTD. 28 Jan 2010
    07139407 TUAMEDIA1 LIMITED 28 Jan 2010
    07136898 NORTHERN LIGHT MEDIA (YORKSHIRE) LIMITED 26 Jan 2010
    07135566 CTS MACHINING ENGINEERS LIMITED 26 Jan 2010
    07133842 VITAMINS4U LIMITED 22 Jan 2010
    07128688 OCTANIS PROJECTS LTD. 18 Jan 2010
    07127287 18 LTD. 16 Jan 2010
    07127268 PLAYBAY SPORTSBETTING LTD. 16 Jan 2010
    07127247 AB 18 LTD. 16 Jan 2010
    07124242 OPTIMISSIMO LTD. 13 Jan 2010
    07123526 SENIOR GRAPHICS LIMITED 13 Jan 2010
    07122609 MAGHAIREH LIMITED 12 Jan 2010
    07122107 KEYTRON LIMITED 11 Jan 2010
    07122074 K R CONSTRUCTION (WR) LIMITED 11 Jan 2010
    07120947 HAPPY-HANDS-EVENTS LTD. 09 Jan 2010
    07120356 4GAMES LTD 08 Jan 2010
    07119187 SAK NETWORK LTD 07 Jan 2010
    07116161 DOOR AND WINDOW HOUSE LIMITED 05 Jan 2010
    07141431 RINALDI'S RESTAURANT LIMITED 31 Jan 2010
    07136452 GHJ LOCKSMITHS LIMITED 26 Jan 2010
    07122561 WEST YORKSHIRE PROPERTY MANAGEMENT LTD 12 Jan 2010
    07115674 WAKEFIELD STORAGE LIMITED 04 Jan 2010
    07139555 GREEN REGEN LIMITED 28 Jan 2010
    07132939 D K EMMS ROOFING CONTRACTORS LTD 22 Jan 2010