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Consett, County Durham

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company closures in Consett when compared to any year in history.
  • The second half of 2011 saw a new record in company closures in Consett when compared to any previous second half year.
  • December 2011 saw a new record in company closures in Consett when compared to any previous December.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Annual Data (2011)

    A total of 155 companies were formed in Consett in 2011. This total is 22.9% lower than in 2010 and compares poorly to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearConsettUK
    2011155452,870
    2010201400,358
    2009736362,675
    2008303349,203
    2007139457,649
    Record Year2009 (736)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 94 companies were formed in Consett. This figure is 16.0% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Consett occurred in 2009 when a total of 364 were formed.

    Half Year (Jul-Dec)ConsettUK
    201194224,135
    201081196,609
    % change16.0%14.0%
    Record Year2009 (364)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 55 companies were registered in Consett during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 27.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)ConsettUK
    201155109,623
    20104395,117
    % change27.9%15.3%
    Record Year 2008 (153) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201137117
    New companies in 20109826
    % change311.1%37.5%-73.1%
    Record Year2008 (72)2006 (58)2008 (45)

Closed Companies (dissolved)

  1. Annual Data (2011)

    2011 was a record year for company closures in Consett when compared to any year in history.

    A total of 519 companies were dissolved in Consett in 2011. This total is 101.9% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearConsettUK
    2011519314,523
    2010257342,232
    2009107533,773
    200833237,901
    200754220,295
    Record Year2011 (519)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in company closures in Consett when compared to any previous second half year.

    In the second half of 2011 a total of 207 companies were dissolved in Consett. This figure is 0.5% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Consett occurred in 2011 when a total of 207 were closed.

    Half Year (Jul-Dec)ConsettUK
    2011207152,213
    2010206164,601
    % change0.5%-7.5%
    Record Year2011 (207)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 70 companies were dissolved in Consett during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 50.7% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)ConsettUK
    20117079,983
    201014276,896
    % change-50.7%4.0%
    Record Year 2010 (142) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company closures in Consett when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201135611
    Closed companies in 201050893
    % change-94.0%-37.1%267%
    Record Year2010 (50)2010 (89)2011 (11)

Net Company Growth

  1. Annual Data (2011)

    A total of -364 companies were removed to the company register for Consett in 2011. This number represents decline of 181.1% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 308 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2009 when the Consett company register grew by 629 companies.

    YearConsettUK
    2011-364138,347
    2010-5658,126
    2009629-171,098
    2008270111,302
    200785237,354
    Record Year2009 (629)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Consett decreased by 113 companies.

    Half Year (Jul-Dec)ConsettUK
    2011-11371,922
    2010-12532,008
    Record Year2009 (330)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Consett during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was -15 companies.

    fourth quarter (Oct 2011 - Dec 2011)ConsettUK
    2011-1529,640
    2010-9918,221
    Record Year 2008 (146) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201134-45-4
    Net growth in 2010-41-8123
    Record Year2008 (69)2006 (55)2008 (43)

UK Company Share

  1. Annual Data (2011)

    In 2011 Consett formed 0.0% of all UK companies. This is a decline on 2010 when Consett was responsible for 0.1% of all UK companies.

    YearConsett
    20110.0%
    20100.1%
    20090.2%
    20080.1%
    20070.0%
    Record Year (since 1960)2009 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Consett formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.

    Half Year (Jul-Dec)Consett
    20110.0%
    20100.0%
    20090.2%
    20080.1%
    20070.0%
    Record Year (since 1960) 2009 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Consett formed 0.1% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Consett
    20110.1%
    20100.0%
    20090.1%
    20080.2%
    20070.0%
    Record Year (since 1960) 2008 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.0%0.0%
    UK formation share in 20100.0%0.0%0.1%
    % change256.7%17.2%-76.1%
    Record Year2008 (0.2%)2006 (0.2%)2008 (0.2%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 42.6.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 43.4.

    The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 41.2.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Consett was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Consett in 2011 was 31.2%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Consett was 1860 when 42.9% of all directors were female.

    51.7% of all director appointments in Consett in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Consett was in 1977 when 31.1% of all directors were female.

    60.6% of all director appointments in Consett in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2010-Dec 2011)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    SECRETARIES8.74%CONSULTING5.07%
    MANAGEMENT1.75%MANAGEMENT4.74%
    CONSULTING1.40%CONSULTANCY3.26%
    (CONSETT)1.05%PROPERTY2.37%
    CENTRE1.05%TRADING2.07%
    TRAINING1.05%DESIGN1.92%
    CAKE0.70%ASSOCIATES1.86%
    CLASSIC0.70%ENGINEERING1.78%
    BUILDING0.70%BUSINESS1.78%
    TREE0.70%CONSULTANTS1.76%
    RECYCLING0.70%CONSTRUCTION1.73%
    HIRE0.70%MEDIA1.71%
    ENERGY0.70%LONDON1.63%
    SPRINGDALE0.70%J1.51%
    STANLEY0.70%INVESTMENTS1.48%
    CONSETT0.70%GLOBAL1.46%
    ROSE0.70%IT1.41%
    DEVELOPMENTS0.70%CARE1.39%
    SHARK0.70%PROPERTIES1.29%
    NE0.70%ELECTRICAL1.29%
    TOP0.70%M1.27%
    CAPITAL0.70%BUILDING1.26%
    EAST0.70%ENERGY1.25%
    EDGE0.70%S1.20%
    CONSTRUCTION0.70%ENTERPRISES1.20%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    7487 - Other business activities60357,052
    82990 - Other business support service activities not elsewhere classified18232,483
    None Supplied42205,525
    7414 - Business & management consultancy813,034
    70229 - Management consultancy activities other than financial management717,765
    8042 - Adult and other education42,253
    43210 - Electrical installation43,175
    4521 - General construction & civil engineering35,558
    9305 - Other service activities39,492
    62020 - Information technology consultancy activities312,072
    70100 - Activities of head offices32,662
    7499 - Non-trading company39,957
    43999 - Other specialised construction activities not elsewhere classified33,342
    4542 - Joinery installation2770
    96040 - Physical well-being activities2409
    4525 - Other special trades construction21,651
    5540 - Bars22,147
    7440 - Advertising21,765
    8514 - Other human health activities22,637
    9999 - Dormant Company220,199

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07829844 THE RETAILING EDGE LIMITED 01 Nov 2011
    07835488 KLR GROUNDWORK & PLANT HIRE LTD 04 Nov 2011
    07836241 PINKINK MANAGEMENT LIMITED 04 Nov 2011
    07838288 HEXHAM KITCHENS, BEDROOMS AND BATHROOMS LIMITED 08 Nov 2011
    07842376 EDUARDO LEATHER SHOPS LIMITED 10 Nov 2011
    07844160 WORKPLACE BIG AWARD LIMITED 11 Nov 2011
    07858234 HARPER MANAGEMENT INC LTD 23 Nov 2011
    07860605 AEROLYTICS LIMITED 25 Nov 2011
    07860964 EXPERTS (CONSETT) LIMITED 25 Nov 2011
    07863025 STARPLUS SERVICES LIMITED 28 Nov 2011
    07840288 DJS STAFFING SOLUTIONS LIMITED 09 Nov 2011

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