Wakefield, West Yorkshire
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 456 companies were formed in Wakefield. This figure is 2.9% higher than last year, which compares badly to the UK wide figure of 12.3%.
The highest total for a first half year in Wakefield occurred in 2007 when a total of 909 were formed.
Half Year (Jan-Jun) Wakefield UK 2011 456 228,735 2010 443 203,749 % change 2.9% 12.3% Record Year 2007 (909) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 240 companies were registered in Wakefield during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 22.4% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Wakefield UK 2011 240 112,344 2010 196 98,612 % change 22.4% 13.9% Record Year 2006 (433) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 68 91 81 New companies in 2010 55 48 93 % change 23.6% 89.6% -12.9% Record Year 2006 (156) 2006 (142) 2005 (137)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 519 companies were dissolved in Wakefield. This figure is 29.2% lower than last year, which compares well to the UK wide change of -8.6%.
The highest total for a first half year in Wakefield occurred in 2009 when a total of 1,083 were closed.
Half Year (Jan-Jun) Wakefield UK 2011 519 162,310 2010 733 177,631 % change -29.2% -8.6% Record Year 2009 (1,083) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 262 companies were dissolved in Wakefield during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 36.4% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Wakefield UK 2011 262 71,324 2010 412 94,954 % change -36.4% -24.9% Record Year 2009 (668) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 71 98 93 Closed companies in 2010 91 178 143 % change -22.0% -44.9% -35% Record Year 2009 (222) 2009 (279) 2009 (167)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Wakefield decreased by 63 companies.
Half Year (Jan-Jun) Wakefield UK 2011 -63 66,425 2010 -290 26,118 Record Year 2006 (679) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Wakefield during the second quarter of 2011 (Apr 2011 - Jun 2011) was -22 companies.
second quarter (Apr 2011 - Jun 2011) Wakefield UK 2011 -22 41,020 2010 -216 3,658 Record Year 2006 (312) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 -3 -7 -12 Net growth in 2010 -36 -130 -50 Record Year 2007 (120) 2006 (118) 2005 (117)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Wakefield formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.
Half Year (Jan-Jun) Wakefield 2011 0.2% 2010 0.2% 2009 0.3% 2008 0.4% 2007 0.3% Record Year (since 1960) 2006 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Wakefield formed 0.2% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Wakefield 2011 0.2% 2010 0.2% 2009 0.3% 2008 0.4% 2007 0.4% Record Year (since 1960) 2005 (0.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.2% 0.2% 0.3% % change 19.7% 49.4% -22.8% Record Year 1966 (0.4%) 1975 (0.4%) 1969 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 44.0.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 44.7.
The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Wakefield was 1861 when 40.0% of all directors were female.
27.7% of all director appointments in Wakefield in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Wakefield was in 1866 when 66.7% of all directors were female.
31.0% of all director appointments in Wakefield in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.72% CONSULTING 5.09% CONSULTING 1.19% MANAGEMENT 4.86% TRAINING 0.92% CONSULTANCY 3.17% GLOBAL 0.79% PROPERTY 2.43% CONSULTANCY 0.73% TRADING 2.05% SERVICE 0.66% DESIGN 1.94% - 0.59% ASSOCIATES 1.92% (WAKEFIELD) 0.59% BUSINESS 1.87% BUSINESS 0.53% CONSTRUCTION 1.77% MARKETING 0.53% CONSULTANTS 1.76% S 0.53% MEDIA 1.73% TRADE 0.53% ENGINEERING 1.67% ACCOUNTING 0.46% LONDON 1.60% G 0.46% GLOBAL 1.46% ELECTRICAL 0.46% J 1.44% WAKEFIELD 0.46% CARE 1.44% R 0.46% INVESTMENTS 1.42% YORKSHIRE 0.46% IT 1.39% H 0.40% BUILDING 1.32% CONSULTANTS 0.40% PROPERTIES 1.31% INVESTMENTS 0.40% ELECTRICAL 1.30% UND 0.40% M 1.27% SALES 0.40% S 1.23% TRADING 0.40% ENTERPRISES 1.20% CONSTRUCTION 0.40% SYSTEMS 1.20%
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 728 202,072 7499 - Non-trading company 107 10,955 7487 - Other business activities 82 60,758 74990 - Non-trading company 70 8,481 7414 - Business & management consultancy 38 13,053 82990 - Other business support service activities not elsewhere classified 37 30,647 99999 - Dormant Company 36 18,918 70229 - Management consultancy activities other than financial management 29 16,419 9999 - Dormant Company 23 20,111 7260 - Other computer related activities 23 7,849 62020 - Information technology consultancy activities 20 10,545 96090 - Other service activities not elsewhere classified 16 10,322 7440 - Advertising 16 1,864 6024 - Freight transport by road 15 2,316 5190 - Other wholesale 13 1,404 9305 - Other service activities 13 9,063 4521 - General construction & civil engineering 13 5,928 7222 - Other software consultancy and supply 13 7,143 7032 - Manage real estate, fee or contract 11 2,208 62090 - Other information technology service activities 11 7,095
Recent Companies
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Randomly selected companies from this quarter
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