West Yorkshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in West Yorkshire when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in West Yorkshire when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in West Yorkshire when compared to any previous Q4.
  • November 2014 saw a new record in company registrations in West Yorkshire when compared to any previous November.
  • October 2014 saw a new record in company registrations in West Yorkshire when compared to any previous October.

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. Annual Data (2014)

    2014 was a record year for company registrations in West Yorkshire when compared to any year in history.

    A total of 18,897 companies were formed in West Yorkshire in 2014. This total is 33.1% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWest YorkshireUK
    201418,897582,051
    201314,194529,363
    201213,099491,893
    201112,076452,870
    201010,883400,358
    Record Year2014 (18,897)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in West Yorkshire when compared to any previous second half year.

    In the second half of 2014 a total of 8,477 companies were formed in West Yorkshire. This figure is 18.8% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in West Yorkshire occurred in 2014 when a total of 8,477 were formed.

    Half Year (Jul-Dec)West YorkshireUK
    20148,477281,320
    20137,133259,931
    % change18.8%8.2%
    Record Year2014 (8,477)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in West Yorkshire when compared to any previous Q4.

    A total of 3,847 companies were registered in West Yorkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 10.7% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)West YorkshireUK
    20143,847137,906
    20133,475127,247
    % change10.7%8.4%
    Record Year 2014 (3,847) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company registrations in West Yorkshire when compared to any previous November.

    October 2014 saw a new record in company registrations in West Yorkshire when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20141,4111,3551,081
    New companies in 20131,3341,1141,027
    % change5.8%21.6%5.3%
    Record Year2014 (1,411)2014 (1,355)2003 (1,152)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 10,217 companies were dissolved in West Yorkshire in 2014. This total is 9.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearWest YorkshireUK
    201410,217367,937
    20139,346332,213
    20128,608293,729
    20119,110314,524
    20109,684342,233
    Record Year2009 (25,141)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 5,258 companies were dissolved in West Yorkshire. This figure is 5.2% lower than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in West Yorkshire occurred in 2009 when a total of 14,920 were closed.

    Half Year (Jul-Dec)West YorkshireUK
    20145,258190,730
    20135,546177,021
    % change-5.2%7.7%
    Record Year2009 (14,920)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 2,371 companies were dissolved in West Yorkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 18.6% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)West YorkshireUK
    20142,37189,060
    20132,91290,851
    % change-18.6%-2.0%
    Record Year 2013 (2,912) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014656770945
    Closed companies in 20131,223847842
    % change-46.4%-9.1%12%
    Record Year2013 (1,223)2011 (993)2008 (1,112)

Net Company Growth

  1. Annual Data (2014)

    A total of 8,680 companies were added to the company register for West Yorkshire in 2014. This number represents growth of 45.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 3,832 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the West Yorkshire company register grew by 9,064 companies.

    YearWest YorkshireUK
    20148,680214,114
    20134,848197,150
    20124,491198,164
    20112,966138,346
    20101,19958,125
    Record Year2006 (9,064)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for West Yorkshire increased by 3,219 companies.

    Half Year (Jul-Dec)West YorkshireUK
    20143,21990,590
    20131,58782,910
    Record Year2003 (4,587)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for West Yorkshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 1,476 companies.

    fourth quarter (Oct 2014 - Dec 2014)West YorkshireUK
    20141,47648,846
    201356336,396
    Record Year 2006 (2,122) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014755585136
    Net growth in 2013111267185
    Record Year2003 (963)2006 (817)2003 (870)

UK Company Share

  1. Annual Data (2014)

    In 2014 West Yorkshire formed 3.2% of all UK companies. This is an improvement on 2013 when West Yorkshire was responsible for 2.7% of all UK companies.

    YearWest Yorkshire
    20143.2%
    20132.7%
    20122.7%
    20112.7%
    20102.7%
    Record Year (since 1960)2004 (3.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 West Yorkshire formed 3.0% of all UK companies. This is more than the 2013 figure of 2.7%.

    Half Year (Jul-Dec)West Yorkshire
    20143.0%
    20132.7%
    20122.7%
    20112.6%
    20102.7%
    Record Year (since 1960) 2006 (3.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, West Yorkshire formed 2.8% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)West Yorkshire
    20142.8%
    20132.7%
    20122.6%
    20112.5%
    20102.6%
    Record Year (since 1960) 2003 (3.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20142.7%3.0%2.7%
    UK formation share in 20132.7%2.6%3.0%
    % change0.6%15.5%-9.9%
    Record Year2006 (3.7%)2004 (3.7%)2003 (4.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.7.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.0.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.4.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in West Yorkshire was 1991 when 30.1% of all directors were female.

    The percentage of female directors in West Yorkshire in 2014 was 23.4%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in West Yorkshire was 2006 when 26.8% of all directors were female.

    23.1% of all director appointments in West Yorkshire in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in West Yorkshire was in 2006 when 27.1% of all directors were female.

    22.6% of all director appointments in West Yorkshire in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    TRANSPORT6.10%CONSULTING5.22%
    LOGISTICS5.95%MANAGEMENT4.58%
    HAULAGE5.72%CONSULTANCY3.57%
    MANAGEMENT1.86%PROPERTY2.66%
    CONSULTING1.58%CONSTRUCTION2.12%
    CONSULTANCY1.45%ENGINEERING2.10%
    YORKSHIRE1.20%CARE2.02%
    PROPERTY1.04%TRADING1.94%
    CARE0.92%LONDON1.93%
    LEEDS0.89%TRANSPORT1.93%
    PROPERTIES0.80%DESIGN1.66%
    CONSULTANTS0.71%CONSULTANTS1.64%
    J0.71%ELECTRICAL1.62%
    (YORKSHIRE)0.67%PROPERTIES1.62%
    ELECTRICAL0.64%BUSINESS1.56%
    BUSINESS0.64%J1.54%
    TRADING0.64%CO.,1.50%
    CONSTRUCTION0.64%GLOBAL1.49%
    DEVELOPMENTS0.61%INVESTMENTS1.48%
    M0.60%ASSOCIATES1.47%
    DESIGN0.58%DEVELOPMENTS1.35%
    INVESTMENTS0.57%MEDIA1.33%
    ENGINEERING0.56%IT1.31%
    CO0.55%BUILDING1.29%
    ASSOCIATES0.54%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,073265,608
    99999 - Dormant Company1,46848,509
    70229 - Management consultancy activities other than financial management1,01942,290
    82990 - Other business support service activities not elsewhere classified94658,068
    62020 - Information technology consultancy activities70530,178
    96090 - Other service activities not elsewhere classified61129,009
    74909 - Other professional, scientific and technical activities not elsewhere classified49419,049
    56302 - Public houses and bars4476,285
    86900 - Other human health activities41612,976
    68209 - Other letting and operating of own or leased real estate36811,212
    74990 - Non-trading company36713,984
    47910 - Retail sale via mail order houses or via Internet35010,107
    41100 - Development of building projects27411,397
    56103 - Take-away food shops and mobile food stands2738,318
    62090 - Other information technology service activities27312,837
    43999 - Other specialised construction activities not elsewhere classified2548,761
    56101 - Licensed restaurants2458,782
    62012 - Business and domestic software development2279,752
    47990 - Other retail sale not in stores, stalls or markets2196,452
    43210 - Electrical installation2055,985

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09255933 MARTON ARMS HOTEL LIMITED 09 Oct 2014
    09265682 THE SHADY OAK (FERNILEE) LIMITED 15 Oct 2014
    09266728 FAIKA KARIM DESIGNS EXHIBITIONS LIMITED 16 Oct 2014
    09267542 HOLT FAMILY ENTERPRISES LIMITED 16 Oct 2014
    09275412 EVOLUTION AUTOMOBILE LIMITED 22 Oct 2014
    09281902 EL MAYOUR LTD 27 Oct 2014
    09289168 M S HEATING SERVICES YORKSHIRE LIMITED 30 Oct 2014
    09289848 SUNBRIDGE FOODS LIMITED 31 Oct 2014
    09257247 ALEXANDRA ROAD 1958 LIMITED 09 Oct 2014
    09259431 PRIMA CONTINENTAL BAKERY LIMITED 10 Oct 2014
    09262962 EVERWHITE BLINDS LIMITED 14 Oct 2014
    09268099 GMT PROPERTY MANAGEMENT LTD 16 Oct 2014
    09270867 INNER CITY SPORTS LIMITED 20 Oct 2014
    09271273 M.ALI & CO LTD 20 Oct 2014
    09287288 AMAZED PROPERTY LIMITED 29 Oct 2014
    09287840 SSG SECURITY SERVICES LIMITED 30 Oct 2014
    09289723 ROKIB ALI LTD 31 Oct 2014
    09256304 ALAM'S HALAL LTD 09 Oct 2014
    09256405 MMM EXOTICS LIMITED 09 Oct 2014
    09271826 FIQRA LTD 20 Oct 2014
    09282404 TINY TURTLE STUDIOS LTD 27 Oct 2014
    09266766 NB PLASTERING LTD 16 Oct 2014
    09268041 SERVADALE (UK) LIMITED 16 Oct 2014
    09248451 CHIP PARADE LTD 03 Oct 2014
    09250046 WANT GIFTS LIMITED 06 Oct 2014