Recent research from Duport.co.uk has revealed there were a record number of new company formations in Rochdale during the third quarter of the year.
More and more new companies are flocking to set up in Leicester. After a record number of company formations in 2012 and the first half of 2013, the third quarter of the year also saw a record number of new companies registered in the city.
The latest Duport Business Confidence Report for Halifax, West Yorkshire shows there was a rise in company formations over the third quarter of the year. During this period there were 174 new companies registered, representing a 2% rise on Q3 of 2012.
West Yorkshire town, Halifax has seen a 4.9% rise in company formations during the first six months of the year, suggesting some economic growth in the town.
The rise in company formations could be linked to the £50 million regeneration of the town centre. The construction of a nine-screen cinema, 100-bedroom hotel, ten-pin bowling alley, shops, restaurants, office space and a multi-storey car park is already complete. The project involved 200 construction workers and has created 220 permanent jobs.
Managing Director of Duport.co.uk, Peter Valaitis said:
"Our report shows that Halifax suffered during the worst of the recession, with company formation numbers dropping sharply in the first half of 2008."
"However, company formations have been rising since then, promising a brighter economic future for the town."
The Duport Business Confidence Report for Halifax provides data on everything from net company growth to local naming trends, giving a broad economic overview of the town. Duport.co.uk issues quarterly reports on all areas of the UK.
Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.