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Urban Studies, Vol. 28, No. 1, 53-64 (1991)
DOI: 10.1080/00420989120080041
© 1991 Urban Studies Journal Limited

The Financial Performance of the Leeds Engineering Sector

Stephen Dobson

Department of Economics and Commerce, University of Hull, Hull HU6 7RX

Bill Gerrard

Department of Economics and Related Studies, University of York, Heslington, York YO1 SDD, UK

Using ratio analysis the financial performance of a sample of independent single-plant engineering firms in Leeds is examined with regard to structural and locational differences in establishments. A number of determinants of performance are derived and tested against the constructed data base. Inner-city engineering firms perform relatively less well on all indicators of performance compared with outer-city firms. The study illustrates the importance of using different measures of performance since this affects the magnitude and significance of the results. Financial support is necessary to sustain engineering in the inner city in the long run.


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