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
New Company Registrations
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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.
Year West Yorkshire UK 2014 18,897 582,051 2013 14,194 529,363 2012 13,099 491,893 2011 12,076 452,870 2010 10,883 400,358 Record Year 2014 (18,897) 2014 (582,051) New Companies by Year
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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 Yorkshire UK 2014 8,477 281,320 2013 7,133 259,931 % change 18.8% 8.2% Record Year 2014 (8,477) 2014 (281,320) New Companies by Half Year
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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 Yorkshire UK 2014 3,847 137,906 2013 3,475 127,247 % change 10.7% 8.4% Record Year 2014 (3,847) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 1,411 1,355 1,081 New companies in 2013 1,334 1,114 1,027 % change 5.8% 21.6% 5.3% Record Year 2014 (1,411) 2014 (1,355) 2003 (1,152)
Closed Companies (dissolved)
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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.
Year West Yorkshire UK 2014 10,217 367,937 2013 9,346 332,213 2012 8,608 293,729 2011 9,110 314,524 2010 9,684 342,233 Record Year 2009 (25,141) 2009 (533,789) Dissolved Companies by Year
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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 Yorkshire UK 2014 5,258 190,730 2013 5,546 177,021 % change -5.2% 7.7% Record Year 2009 (14,920) 2009 (244,544) Dissolved Companies by Half Year
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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 Yorkshire UK 2014 2,371 89,060 2013 2,912 90,851 % change -18.6% -2.0% Record Year 2013 (2,912) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 656 770 945 Closed companies in 2013 1,223 847 842 % change -46.4% -9.1% 12% Record Year 2013 (1,223) 2011 (993) 2008 (1,112)
Net Company Growth
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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.
Year West Yorkshire UK 2014 8,680 214,114 2013 4,848 197,150 2012 4,491 198,164 2011 2,966 138,346 2010 1,199 58,125 Record Year 2006 (9,064) 2007 (237,353) Net Growth by Year
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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 Yorkshire UK 2014 3,219 90,590 2013 1,587 82,910 Record Year 2003 (4,587) 2003 (117,772) Net Growth by Half Year
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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 Yorkshire UK 2014 1,476 48,846 2013 563 36,396 Record Year 2006 (2,122) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 755 585 136 Net growth in 2013 111 267 185 Record Year 2003 (963) 2006 (817) 2003 (870)
UK Company Share
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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.
Year West Yorkshire 2014 3.2% 2013 2.7% 2012 2.7% 2011 2.7% 2010 2.7% Record Year (since 1960) 2004 (3.5%) Company Share by Year
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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 2014 3.0% 2013 2.7% 2012 2.7% 2011 2.6% 2010 2.7% Record Year (since 1960) 2006 (3.5%) Company Share by Half Year
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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 2014 2.8% 2013 2.7% 2012 2.6% 2011 2.5% 2010 2.6% Record Year (since 1960) 2003 (3.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 2.7% 3.0% 2.7% UK formation share in 2013 2.7% 2.6% 3.0% % change 0.6% 15.5% -9.9% Record Year 2006 (3.7%) 2004 (3.7%) 2003 (4.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 6.10% CONSULTING 5.22% LOGISTICS 5.95% MANAGEMENT 4.58% HAULAGE 5.72% CONSULTANCY 3.57% MANAGEMENT 1.86% PROPERTY 2.66% CONSULTING 1.58% CONSTRUCTION 2.12% CONSULTANCY 1.45% ENGINEERING 2.10% YORKSHIRE 1.20% CARE 2.02% PROPERTY 1.04% TRADING 1.94% CARE 0.92% LONDON 1.93% LEEDS 0.89% TRANSPORT 1.93% PROPERTIES 0.80% DESIGN 1.66% CONSULTANTS 0.71% CONSULTANTS 1.64% J 0.71% ELECTRICAL 1.62% (YORKSHIRE) 0.67% PROPERTIES 1.62% ELECTRICAL 0.64% BUSINESS 1.56% BUSINESS 0.64% J 1.54% TRADING 0.64% CO., 1.50% CONSTRUCTION 0.64% GLOBAL 1.49% DEVELOPMENTS 0.61% INVESTMENTS 1.48% M 0.60% ASSOCIATES 1.47% DESIGN 0.58% DEVELOPMENTS 1.35% INVESTMENTS 0.57% MEDIA 1.33% ENGINEERING 0.56% IT 1.31% CO 0.55% BUILDING 1.29% ASSOCIATES 0.54% M 1.22%
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 7,073 265,608 99999 - Dormant Company 1,468 48,509 70229 - Management consultancy activities other than financial management 1,019 42,290 82990 - Other business support service activities not elsewhere classified 946 58,068 62020 - Information technology consultancy activities 705 30,178 96090 - Other service activities not elsewhere classified 611 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 494 19,049 56302 - Public houses and bars 447 6,285 86900 - Other human health activities 416 12,976 68209 - Other letting and operating of own or leased real estate 368 11,212 74990 - Non-trading company 367 13,984 47910 - Retail sale via mail order houses or via Internet 350 10,107 41100 - Development of building projects 274 11,397 56103 - Take-away food shops and mobile food stands 273 8,318 62090 - Other information technology service activities 273 12,837 43999 - Other specialised construction activities not elsewhere classified 254 8,761 56101 - Licensed restaurants 245 8,782 62012 - Business and domestic software development 227 9,752 47990 - Other retail sale not in stores, stalls or markets 219 6,452 43210 - Electrical installation 205 5,985
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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