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
New Company Registrations
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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 Yorkshire UK 2015 4,390 161,156 2014 5,491 150,722 % change -20.1% 6.9% Record Year 2014 (5,491) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 1,277 1,399 1,714 New companies in 2014 1,288 1,300 2,903 % change -0.9% 7.6% -41.0% Record Year 2014 (1,288) 2015 (1,399) 2014 (2,903)
Closed Companies (dissolved)
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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 Yorkshire UK 2015 2,511 89,523 2014 2,167 82,370 % change 15.9% 8.7% Record Year 2009 (5,651) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 684 898 929 Closed companies in 2014 703 713 751 % change -2.7% 25.9% 24% Record Year 2011 (923) 2015 (898) 2009 (4,791)
Net Company Growth
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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 Yorkshire UK 2015 1,879 71,633 2014 3,324 68,352 Record Year 2014 (3,324) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 593 501 785 Net growth in 2014 585 587 2,152 Record Year 2007 (683) 2004 (949) 2014 (2,152)
UK Company Share
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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 2015 2.7% 2014 3.6% 2013 2.6% 2012 2.7% 2011 2.7% Record Year (since 1960) 2004 (3.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 2.7% 2.7% 2.8% UK formation share in 2014 2.7% 2.7% 5.2% % change -2.8% -0.9% -46.2% Record Year 2004 (3.7%) 2004 (4.0%) 2014 (5.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage TRANSPORT 3.75% CONSULTING 5.23% LOGISTICS 3.52% MANAGEMENT 4.56% HAULAGE 3.26% CONSULTANCY 3.62% MANAGEMENT 2.08% PROPERTY 2.72% CONSULTING 1.81% CONSTRUCTION 2.19% CONSULTANCY 1.62% CARE 2.13% YORKSHIRE 1.36% ENGINEERING 2.12% CARE 1.15% LONDON 1.91% PROPERTY 1.12% TRADING 1.88% LEEDS 0.97% TRANSPORT 1.82% CONSULTANTS 0.84% ELECTRICAL 1.76% ELECTRICAL 0.80% DESIGN 1.65% PROPERTIES 0.78% PROPERTIES 1.63% J 0.74% CO., 1.58% M 0.71% J 1.55% (YORKSHIRE) 0.70% CONSULTANTS 1.54% TRADING 0.69% BUSINESS 1.49% BUSINESS 0.68% INVESTMENTS 1.49% CONSTRUCTION 0.65% GLOBAL 1.46% DESIGN 0.64% ASSOCIATES 1.44% DEVELOPMENTS 0.62% DEVELOPMENTS 1.36% ENGINEERING 0.60% BUILDING 1.31% IT 0.58% IT 1.30% HEALTHCARE 0.57% MEDIA 1.28% (LEEDS) 0.57% M 1.27%
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 7,967 288,953 99999 - Dormant Company 1,457 49,474 49410 - Freight transport by road 1,406 12,485 70229 - Management consultancy activities other than financial management 1,062 43,081 82990 - Other business support service activities not elsewhere classified 959 58,522 62020 - Information technology consultancy activities 699 30,825 96090 - Other service activities not elsewhere classified 631 29,218 74909 - Other professional, scientific and technical activities not elsewhere classified 525 19,098 56302 - Public houses and bars 467 6,355 86900 - Other human health activities 436 13,990 74990 - Non-trading company 417 13,794 68209 - Other letting and operating of own or leased real estate 368 11,600 47910 - Retail sale via mail order houses or via Internet 355 10,200 62090 - Other information technology service activities 271 12,862 41100 - Development of building projects 268 11,863 56103 - Take-away food shops and mobile food stands 266 8,607 43999 - Other specialised construction activities not elsewhere classified 256 9,080 56101 - Licensed restaurants 242 8,909 62012 - Business and domestic software development 225 9,651 43210 - Electrical installation 221 6,139
Recent Companies
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Randomly selected companies from this quarter
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