Wakefield, West Yorkshire
Q1 2014 Business Confidence Report

Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 307 companies were registered in Wakefield during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 11.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Wakefield UK 2014 307 150,722 2013 275 134,802 % change 11.6% 11.8% Record Year 2007 (514) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 114 83 110 New companies in 2013 73 80 122 % change 56.2% 3.8% -9.8% Record Year 2006 (168) 2007 (167) 2007 (194)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 159 companies were dissolved in Wakefield during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 7.0% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Wakefield UK 2014 159 82,370 2013 171 77,914 % change -7.0% 5.7% Record Year 2009 (416) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 56 47 56 Closed companies in 2013 76 45 50 % change -26.3% 4.4% 12% Record Year 2011 (94) 2010 (123) 2009 (328)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Wakefield during the first quarter of 2014 (Jan 2014 - Mar 2014) was 148 companies.
first quarter (Jan 2014 - Mar 2014) Wakefield UK 2014 148 68,352 2013 104 56,888 Record Year 2006 (367) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 58 36 54 Net growth in 2013 -3 35 72 Record Year 2006 (138) 2005 (109) 2008 (143)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Wakefield formed 0.2% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Wakefield 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2008 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.3% % change 46.1% -4.2% -24.8% Record Year 2006 (0.5%) 2008 (0.4%) 2008 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 44.8.
The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Wakefield was in 2013 when 25.8% of all directors were female.
23.0% of all director appointments in Wakefield in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage KOMMANDIT 3.41% CONSULTING 5.22% KOMPLEMENTAER 3.30% MANAGEMENT 4.67% MANAGEMENT 1.48% CONSULTANCY 3.49% CONSULTING 1.31% PROPERTY 2.64% WAKEFIELD 1.14% TRADING 2.05% YORKSHIRE 0.85% LONDON 1.88% INVESTMENTS 0.74% ENGINEERING 1.86% (WAKEFIELD) 0.74% CARE 1.79% TRADING 0.63% CONSTRUCTION 1.75% CONSULTANCY 0.57% DESIGN 1.75% CONSTRUCTION 0.57% CONSULTANTS 1.73% SARL 0.51% BUSINESS 1.71% DEVELOPMENTS 0.51% PROPERTIES 1.60% RECRUITMENT 0.51% INVESTMENTS 1.60% CARE 0.51% GLOBAL 1.58% GMBH 0.51% J 1.48% ENGINEERING 0.51% ASSOCIATES 1.48% SALES 0.51% MEDIA 1.48% CAPITAL 0.51% IT 1.33% INVEST 0.51% TRANSPORT 1.30% PROPERTY 0.51% DEVELOPMENTS 1.29% CONSULTANTS 0.45% BUILDING 1.24% IT 0.45% M 1.21% MARKETING 0.45% CAPITAL 1.20% BUSINESS 0.45% ELECTRICAL 1.19%
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 635 280,210 74990 - Non-trading company 98 14,135 82990 - Other business support service activities not elsewhere classified 81 56,411 70229 - Management consultancy activities other than financial management 73 37,882 99999 - Dormant Company 56 47,084 62020 - Information technology consultancy activities 41 27,750 96090 - Other service activities not elsewhere classified 28 26,700 68209 - Other letting and operating of own or leased real estate 24 9,284 41100 - Development of building projects 23 9,855 74909 - Other professional, scientific and technical activities not elsewhere classified 20 18,491 62090 - Other information technology service activities 19 12,813 47910 - Retail sale via mail order houses or via Internet 17 9,358 43999 - Other specialised construction activities not elsewhere classified 17 8,155 49410 - Freight transport by road 16 8,014 41201 - Construction of commercial buildings 16 2,086 43210 - Electrical installation 14 5,885 71129 - Other engineering activities 14 5,477 62012 - Business and domestic software development 13 9,509 45112 - Sale of used cars and light motor vehicles 12 3,177 41202 - Construction of domestic buildings 12 6,559
Recent Companies
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Randomly selected companies from this quarter
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