Net company growth soars in Huddersfield reports Duport

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2012 saw a sharp increase in net company growth in Huddersfield, West Yorkshire according to the latest Duport Business Confidence Report.

Huddersfield train station

Our latest report contains some very positive figures for the Huddersfield region.

A new report from company formation specialists, Duport.co.uk shows that there was a significant rise in net company growth in Huddersfield last year.

Between January and December, the company register increased by 504, compared to 394 in 2011. Net company growth in Huddersfield has been increasing steadily since 2009, suggesting that the town is gradually recovering from the worst effects of the recession.

In further good news for the area, the Duport report shows that 2012 was a record year for company formation. There were 1187 new companies formed - more than any year on record for Huddersfield and an 8% increase on the previous year.

Huddersfield has one of the largest economies within the Leeds City Region, yet the cost of business premises remains relatively low, making it a desirable area for new companies to start up.

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

“Our latest report contains some very positive figures for the Huddersfield region.

“A record number of company formations and net company growth that has been on the rise since 2009 are indicators of a good year ahead for the town.”

The Duport Business Confidence Report for Huddersfield contains a variety of data that can be used to form a snapshot of the local business landscape. More information and statistics can be found at http://www.duport.co.uk/huddersfield.

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