Research by Duport Reveals Rising Number of Young Directors in Barnsley

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The latest Duport Business Confidence Report reveals that the last year has seen a significant rise in young director appointments in Barnsley, South Yorkshire.

Rising numbers of young directors in Barnsley

A rise in young directors and female directors should enliven the local business landscape and hopefully help to promote growth in 2013

The third quarter of the year has seen a significant rise in young directors in Barnsley, according to figures in the latest Duport Business Confidence Report.

Between July and September, 7% of director appointments were under 25 years old, compared with just 3% during the same period in 2011. The percentage of female director appointments in Barnsley also rose slightly, from 26% in Q3 2011 to 27% in Q3 2012.

However, the report also contains less positive news for the town, with company formations dropping by 8% when comparing Q3 2011 and Q3 2012.

Managing Director of Duport.co.uk, Peter Valaitis said:

“The drop in company formations in Barnsley reflects the difficult economic climate the UK as a whole is facing.”

“However, a rise in young directors and female directors should enliven the local business landscape and hopefully help to promote growth in 2013.”

The Duport Business Confidence Report uses economic data to provide an overview of Barnsley, with information and statistics on everything from company closures to UK company share. More information can be found at http://www.duport.co.uk/barnsley.

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.

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Tom Valaitis