West Yorkshire

Q1 2015 Business Confidence Report

Headlines

  • February 2015 saw a new record in company registrations in West Yorkshire when compared to any previous February.
  • February 2015 saw a new record in company closures in West Yorkshire when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 4,390 companies were registered in West Yorkshire during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 20.1% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)West YorkshireUK
    20154,390161,156
    20145,491150,722
    % change-20.1%6.9%
    Record Year 2014 (5,491) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company registrations in West Yorkshire when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20151,2771,3991,714
    New companies in 20141,2881,3002,903
    % change-0.9%7.6%-41.0%
    Record Year2014 (1,288)2015 (1,399)2014 (2,903)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 2,511 companies were dissolved in West Yorkshire during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 15.9% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)West YorkshireUK
    20152,51189,523
    20142,16782,370
    % change15.9%8.7%
    Record Year 2009 (5,651) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in West Yorkshire when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015684898929
    Closed companies in 2014703713751
    % change-2.7%25.9%24%
    Record Year2011 (923)2015 (898)2009 (4,791)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for West Yorkshire during the first quarter of 2015 (Jan 2015 - Mar 2015) was 1,879 companies.

    first quarter (Jan 2015 - Mar 2015)West YorkshireUK
    20151,87971,633
    20143,32468,352
    Record Year 2014 (3,324) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015593501785
    Net growth in 20145855872,152
    Record Year2007 (683)2004 (949)2014 (2,152)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, West Yorkshire formed 2.7% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)West Yorkshire
    20152.7%
    20143.6%
    20132.6%
    20122.7%
    20112.7%
    Record Year (since 1960) 2004 (3.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20152.7%2.7%2.8%
    UK formation share in 20142.7%2.7%5.2%
    % change-2.8%-0.9%-46.2%
    Record Year2004 (3.7%)2004 (4.0%)2014 (5.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.0.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

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

    24.0% of all director appointments in West Yorkshire in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    TRANSPORT3.75%CONSULTING5.23%
    LOGISTICS3.52%MANAGEMENT4.56%
    HAULAGE3.26%CONSULTANCY3.62%
    MANAGEMENT2.08%PROPERTY2.72%
    CONSULTING1.81%CONSTRUCTION2.19%
    CONSULTANCY1.62%CARE2.13%
    YORKSHIRE1.36%ENGINEERING2.12%
    CARE1.15%LONDON1.91%
    PROPERTY1.12%TRADING1.88%
    LEEDS0.97%TRANSPORT1.82%
    CONSULTANTS0.84%ELECTRICAL1.76%
    ELECTRICAL0.80%DESIGN1.65%
    PROPERTIES0.78%PROPERTIES1.63%
    J0.74%CO.,1.58%
    M0.71%J1.55%
    (YORKSHIRE)0.70%CONSULTANTS1.54%
    TRADING0.69%BUSINESS1.49%
    BUSINESS0.68%INVESTMENTS1.49%
    CONSTRUCTION0.65%GLOBAL1.46%
    DESIGN0.64%ASSOCIATES1.44%
    DEVELOPMENTS0.62%DEVELOPMENTS1.36%
    ENGINEERING0.60%BUILDING1.31%
    IT0.58%IT1.30%
    HEALTHCARE0.57%MEDIA1.28%
    (LEEDS)0.57%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied7,967288,953
    99999 - Dormant Company1,45749,474
    49410 - Freight transport by road1,40612,485
    70229 - Management consultancy activities other than financial management1,06243,081
    82990 - Other business support service activities not elsewhere classified95958,522
    62020 - Information technology consultancy activities69930,825
    96090 - Other service activities not elsewhere classified63129,218
    74909 - Other professional, scientific and technical activities not elsewhere classified52519,098
    56302 - Public houses and bars4676,355
    86900 - Other human health activities43613,990
    74990 - Non-trading company41713,794
    68209 - Other letting and operating of own or leased real estate36811,600
    47910 - Retail sale via mail order houses or via Internet35510,200
    62090 - Other information technology service activities27112,862
    41100 - Development of building projects26811,863
    56103 - Take-away food shops and mobile food stands2668,607
    43999 - Other specialised construction activities not elsewhere classified2569,080
    56101 - Licensed restaurants2428,909
    62012 - Business and domestic software development2259,651
    43210 - Electrical installation2216,139

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09386094 ACADEMIA UNIFORMS LTD 13 Jan 2015
    09402147 UKAYPRO LTD 22 Jan 2015
    09405547 MOTIVATE YORKSHIRE LIMITED 26 Jan 2015
    09374507 SIGN N PRINT LTD 06 Jan 2015
    09377267 UFO PRINT & SIGNS LTD 07 Jan 2015
    09379190 ELFA ENTERPRISE LTD 08 Jan 2015
    09381292 ZUNOBIA CONSULTANTS LIMITED 09 Jan 2015
    09381353 AYESHA ROSHANI DESIGNS LTD 09 Jan 2015
    09401522 ONE STOP MARKETING ENTERPRISE LIMITED 22 Jan 2015
    09414580 C J SECURITY SOLUTION LTD 30 Jan 2015
    09414679 C J SECURITY SYSTEMS LTD 30 Jan 2015
    09399471 K.SINGH CONSULTING LTD 21 Jan 2015
    09379103 MISS BOUTIQUE NK LTD 08 Jan 2015
    09385933 GOC (BFD) LTD 13 Jan 2015
    09387975 GENERAL RECRUITMENT COMPANY LIMITED 14 Jan 2015
    09375807 AVAIL FACILITIES LTD 06 Jan 2015
    09390866 M A M AUTOMOTIVE LIMITED 15 Jan 2015
    09396944 HR ODSAL LIMITED 20 Jan 2015
    09410475 PURSUING LIFE LTD 28 Jan 2015
    09373672 SALMA PARVEEN LIMITED 05 Jan 2015
    09375379 BFD CAR SALES LIMITED 06 Jan 2015
    09384081 FRESH FRIED CHICKEN LIMITED 12 Jan 2015
    09389508 APPROVED FINANCE LIMITED 15 Jan 2015
    09390408 THE SOLVENT SPECIALISTS LTD 15 Jan 2015
    09391788 LEGAL MEDICS LIMITED 16 Jan 2015