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Wakefield, West Yorkshire

Q1 2011 Business Confidence Report

Headlines

  • January 2011 saw a new record in company closures in Wakefield 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 2011)

    A total of 216 companies were registered in Wakefield during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 12.6% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)WakefieldUK
    2011216116,391
    2010247105,137
    % change-12.6%10.7%
    Record Year 2007 (514) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011686385
    New companies in 20106776104
    % change1.5%-17.1%-18.3%
    Record Year2006 (168)2007 (167)2007 (194)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 257 companies were dissolved in Wakefield during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 19.9% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)WakefieldUK
    201125790,986
    201032182,677
    % change-19.9%10.0%
    Record Year 2009 (415) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Wakefield when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011947093
    Closed companies in 201073123125
    % change28.8%-43.1%-26%
    Record Year2011 (94)2010 (123)2009 (328)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Wakefield during the first quarter of 2011 (Jan 2011 - Mar 2011) was -41 companies.

    first quarter (Jan 2011 - Mar 2011)WakefieldUK
    2011-4125,405
    2010-7422,460
    Record Year 2006 (367) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-26-7-8
    Net growth in 2010-6-47-21
    Record Year2006 (138)2005 (109)2008 (143)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Wakefield formed 0.2% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Wakefield
    20110.2%
    20100.2%
    20090.3%
    20080.4%
    20070.3%
    Record Year (since 1960) 2008 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.2%0.2%0.2%
    UK formation share in 20100.2%0.2%0.2%
    % change-12.4%-27.1%-22.0%
    Record Year2006 (0.5%)1965 (0.7%)2008 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.1.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    23.8% of all director appointments in Wakefield in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.44%CONSULTING5.04%
    CONSULTING1.10%MANAGEMENT4.97%
    S0.82%CONSULTANCY3.16%
    SERVICE0.82%PROPERTY2.38%
    CONSULTANCY0.75%TRADING2.10%
    TRAINING0.69%DESIGN1.93%
    GLOBAL0.69%ASSOCIATES1.92%
    (WAKEFIELD)0.62%BUSINESS1.87%
    BUSINESS0.55%CONSTRUCTION1.80%
    TRADE0.55%CONSULTANTS1.76%
    (YORKSHIRE)0.48%MEDIA1.69%
    R0.48%ENGINEERING1.61%
    YORKSHIRE0.48%LONDON1.60%
    COMMUNICATIONS0.48%CARE1.45%
    TRADING0.48%J1.45%
    MEDIA0.48%GLOBAL1.44%
    WAKEFIELD0.48%INVESTMENTS1.43%
    MARKETING0.48%IT1.41%
    ELECTRICAL0.48%PROPERTIES1.36%
    DESIGN0.41%BUILDING1.34%
    ENGINEERING0.41%M1.30%
    DEVELOPMENTS0.41%ELECTRICAL1.28%
    -0.41%S1.24%
    UND0.41%INTERNATIONAL1.23%
    J0.41%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied811202,798
    7499 - Non-trading company10511,316
    7487 - Other business activities8660,968
    74990 - Non-trading company758,695
    7414 - Business & management consultancy4412,916
    70229 - Management consultancy activities other than financial management3716,150
    82990 - Other business support service activities not elsewhere classified3630,253
    99999 - Dormant Company3318,336
    62020 - Information technology consultancy activities2610,246
    7260 - Other computer related activities267,789
    9999 - Dormant Company2619,765
    4521 - General construction & civil engineering176,183
    96090 - Other service activities not elsewhere classified1710,085
    7222 - Other software consultancy and supply177,000
    7440 - Advertising161,814
    5190 - Other wholesale161,408
    6024 - Freight transport by road152,299
    9305 - Other service activities158,740
    74100 - specialised design activities121,380
    5540 - Bars122,075

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07546071 E-TRADING24 LTD 28 Feb 2011
    07544920 MLM-PROFIS LTD. 28 Feb 2011
    07543792 IT-MARKETING BETEILIGUNGS LTD. 25 Feb 2011
    07543267 IT-MARKETING LTD. 25 Feb 2011
    07542403 BLUE TRAINING & CONSULTANCY LIMITED 24 Feb 2011
    07534740 FINANZKONZEPTE LTD 18 Feb 2011
    07533129 PARSONS & CO ACCOUNTANTS LTD 17 Feb 2011
    07530471 SQUIRREL FINANCIAL (NORTH) LIMITED 15 Feb 2011
    07529371 DUAL COMMUNICATIONS LIMITED 14 Feb 2011
    07529098 EURO PRESTIGE LTD 14 Feb 2011
    07525302 COMPLETE PARKING SOLUTIONS LTD 10 Feb 2011
    07524067 ADIF BROKERAGE LTD. 09 Feb 2011
    07523669 SYNERTIVE LTD 09 Feb 2011
    07519891 ABRAXAS EDUCATION LTD 07 Feb 2011
    07519398 W&F-CONSULTING LTD 07 Feb 2011
    07516442 EUROPEAN EXPERTS GROUP LTD. 03 Feb 2011
    07515737 SEKIRA HOLDING LTD. 03 Feb 2011
    07512987 HAPPY PILLS LTD 01 Feb 2011
    07512695 LXST-TRADING VERWALTUNGS LTD 01 Feb 2011
    07524959 FINESSE LOGISTICS (EUROPE) LTD 10 Feb 2011
    07516578 EUROSFIELD MAPTRAK LIMITED 03 Feb 2011
    07512511 BLACK TIE 99 LIMITED 01 Feb 2011
    07545040 SHEARD CONSULTANCY LIMITED 28 Feb 2011
    07523176 INABIT COURIERS EUROPEAN LIMITED 09 Feb 2011
    07519186 CHELL CONSTRUCTION SYSTEMS LTD 07 Feb 2011