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
New Company Registrations
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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) Wakefield UK 2011 216 116,391 2010 247 105,137 % change -12.6% 10.7% Record Year 2007 (514) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 68 63 85 New companies in 2010 67 76 104 % change 1.5% -17.1% -18.3% Record Year 2006 (168) 2007 (167) 2007 (194)
Closed Companies (dissolved)
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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) Wakefield UK 2011 257 90,986 2010 321 82,677 % change -19.9% 10.0% Record Year 2009 (415) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 94 70 93 Closed companies in 2010 73 123 125 % change 28.8% -43.1% -26% Record Year 2011 (94) 2010 (123) 2009 (328)
Net Company Growth
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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) Wakefield UK 2011 -41 25,405 2010 -74 22,460 Record Year 2006 (367) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -26 -7 -8 Net growth in 2010 -6 -47 -21 Record Year 2006 (138) 2005 (109) 2008 (143)
UK Company Share
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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 2011 0.2% 2010 0.2% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 2008 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.2% 0.2% 0.2% % change -12.4% -27.1% -22.0% Record Year 2006 (0.5%) 1965 (0.7%) 2008 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.44% CONSULTING 5.04% CONSULTING 1.10% MANAGEMENT 4.97% S 0.82% CONSULTANCY 3.16% SERVICE 0.82% PROPERTY 2.38% CONSULTANCY 0.75% TRADING 2.10% TRAINING 0.69% DESIGN 1.93% GLOBAL 0.69% ASSOCIATES 1.92% (WAKEFIELD) 0.62% BUSINESS 1.87% BUSINESS 0.55% CONSTRUCTION 1.80% TRADE 0.55% CONSULTANTS 1.76% (YORKSHIRE) 0.48% MEDIA 1.69% R 0.48% ENGINEERING 1.61% YORKSHIRE 0.48% LONDON 1.60% COMMUNICATIONS 0.48% CARE 1.45% TRADING 0.48% J 1.45% MEDIA 0.48% GLOBAL 1.44% WAKEFIELD 0.48% INVESTMENTS 1.43% MARKETING 0.48% IT 1.41% ELECTRICAL 0.48% PROPERTIES 1.36% DESIGN 0.41% BUILDING 1.34% ENGINEERING 0.41% M 1.30% DEVELOPMENTS 0.41% ELECTRICAL 1.28% - 0.41% S 1.24% UND 0.41% INTERNATIONAL 1.23% J 0.41% SYSTEMS 1.23%
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 811 202,798 7499 - Non-trading company 105 11,316 7487 - Other business activities 86 60,968 74990 - Non-trading company 75 8,695 7414 - Business & management consultancy 44 12,916 70229 - Management consultancy activities other than financial management 37 16,150 82990 - Other business support service activities not elsewhere classified 36 30,253 99999 - Dormant Company 33 18,336 62020 - Information technology consultancy activities 26 10,246 7260 - Other computer related activities 26 7,789 9999 - Dormant Company 26 19,765 4521 - General construction & civil engineering 17 6,183 96090 - Other service activities not elsewhere classified 17 10,085 7222 - Other software consultancy and supply 17 7,000 7440 - Advertising 16 1,814 5190 - Other wholesale 16 1,408 6024 - Freight transport by road 15 2,299 9305 - Other service activities 15 8,740 74100 - specialised design activities 12 1,380 5540 - Bars 12 2,075
Recent Companies
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Randomly selected companies from this quarter
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