County Durham

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in County Durham when compared to any year in history.
  • October 2012 saw a new record in company closures in County Durham when compared to any previous October.

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 (2012)

    2012 was a record year for company registrations in County Durham when compared to any year in history.

    A total of 3,214 companies were formed in County Durham in 2012. This total is 0.5% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearCounty DurhamUK
    20123,214491,893
    20113,199452,870
    20102,797400,358
    20093,052362,675
    20082,660349,203
    Record Year2012 (3,214)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 1,475 companies were formed in County Durham. This figure is 8.0% lower than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in County Durham occurred in 2011 when a total of 1,603 were formed.

    Half Year (Jul-Dec)County DurhamUK
    20121,475238,743
    20111,603224,135
    % change-8.0%6.5%
    Record Year2011 (1,603)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 719 companies were registered in County Durham during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 11.0% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)County DurhamUK
    2012719119,875
    2011808109,623
    % change-11.0%9.4%
    Record Year 2011 (808) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012293241185
    New companies in 2011321294193
    % change-8.7%-18.0%-4.1%
    Record Year2011 (321)2011 (294)2011 (193)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 2,063 companies were dissolved in County Durham in 2012. This total is 8.7% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearCounty DurhamUK
    20122,063293,728
    20112,259314,524
    20102,131342,233
    20092,658533,787
    20081,041237,873
    Record Year2009 (2,658)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 1,052 companies were dissolved in County Durham. This figure is 0.8% lower than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in County Durham occurred in 2009 when a total of 1,272 were closed.

    Half Year (Jul-Dec)County DurhamUK
    20121,052145,934
    20111,060152,213
    % change-0.8%-4.1%
    Record Year2009 (1,272)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 478 companies were dissolved in County Durham during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 11.3% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)County DurhamUK
    201247870,026
    201153979,983
    % change-11.3%-12.4%
    Record Year 2010 (551) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in County Durham when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201220018692
    Closed companies in 2011108233198
    % change85.2%-20.2%-54%
    Record Year2012 (200)2010 (263)2011 (198)

Net Company Growth

  1. Annual Data (2012)

    A total of 1,151 companies were added to the company register for County Durham in 2012. This number represents growth of 36.0% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 211 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the County Durham company register grew by 1,698 companies.

    YearCounty DurhamUK
    20121,151198,165
    2011940138,346
    201066658,125
    2009394-171,112
    20081,619111,330
    Record Year2007 (1,698)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for County Durham increased by 423 companies.

    Half Year (Jul-Dec)County DurhamUK
    201242392,809
    201154371,922
    Record Year2003 (763)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for County Durham during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 241 companies.

    fourth quarter (Oct 2012 - Dec 2012)County DurhamUK
    201224149,849
    201126929,640
    Record Year 2003 (411) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012935593
    Net growth in 201121361-5
    Record Year2011 (213)2006 (154)2003 (98)

UK Company Share

  1. Annual Data (2012)

    In 2012 County Durham formed 0.7% of all UK companies. This is no change on 2011 when County Durham was responsible for 0.7% of all UK companies.

    YearCounty Durham
    20120.7%
    20110.7%
    20100.7%
    20090.8%
    20080.8%
    Record Year (since 1960)2009 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 County Durham formed 0.6% of all UK companies. This is less than the 2011 figure of 0.7%.

    Half Year (Jul-Dec)County Durham
    20120.6%
    20110.7%
    20100.7%
    20090.8%
    20080.8%
    Record Year (since 1960) 2009 (0.8%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, County Durham formed 0.6% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)County Durham
    20120.6%
    20110.7%
    20100.6%
    20090.8%
    20080.9%
    Record Year (since 1960) 1968 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.6%0.6%0.6%
    UK formation share in 20110.8%0.7%0.6%
    % change-23.3%-22.0%-6.7%
    Record Year1966 (1.4%)1968 (1.6%)1977 (1.2%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 44.5.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.7.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 43.4.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in County Durham was 1860 when 35.7% of all directors were female.

    The percentage of female directors in County Durham in 2012 was 34.7%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    26.0% of all director appointments in County Durham in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in County Durham was in 1977 when 31.2% of all directors were female.

    24.4% of all director appointments in County Durham in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    NORTH1.79%CONSULTING5.15%
    EAST1.71%MANAGEMENT4.78%
    MANAGEMENT1.64%CONSULTANCY3.31%
    ENGINEERING1.59%PROPERTY2.40%
    CONSULTANCY1.47%TRADING2.03%
    DURHAM1.08%DESIGN1.86%
    J1.00%ASSOCIATES1.82%
    CONSTRUCTION0.96%ENGINEERING1.79%
    PROPERTY0.91%BUSINESS1.76%
    INSPECTION0.83%CONSULTANTS1.75%
    CONSULTING0.81%CONSTRUCTION1.69%
    (NE)0.78%LONDON1.69%
    G0.73%MEDIA1.69%
    TRAINING0.73%GLOBAL1.59%
    ELECTRICAL0.73%J1.57%
    DESIGN0.66%INVESTMENTS1.46%
    D0.66%IT1.43%
    CARE0.64%CARE1.39%
    (NORTH0.56%PROPERTIES1.34%
    ENTERPRISES0.56%M1.26%
    DEVELOPMENTS0.56%BUILDING1.23%
    S0.56%ENTERPRISES1.21%
    M0.54%TRAINING1.18%
    COMMUNITY0.54%ELECTRICAL1.17%
    EAST)0.54%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,267236,139
    82990 - Other business support service activities not elsewhere classified32352,427
    99999 - Dormant Company21040,648
    70229 - Management consultancy activities other than financial management20630,396
    74909 - Other professional, scientific and technical activities not elsewhere classified16415,572
    96090 - Other service activities not elsewhere classified14722,058
    43999 - Other specialised construction activities not elsewhere classified1166,419
    7487 - Other business activities11510,703
    71129 - Other engineering activities943,763
    62020 - Information technology consultancy activities9323,256
    47910 - Retail sale via mail order houses or via Internet856,307
    74990 - Non-trading company8213,808
    86900 - Other human health activities677,866
    62090 - Other information technology service activities5612,291
    49410 - Freight transport by road555,165
    43210 - Electrical installation555,304
    85590 - Other education not elsewhere classified494,677
    56302 - Public houses and bars484,543
    71200 - Technical testing and analysis47781
    69201 - Accounting and auditing activities456,177

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08238398 PEARSON'S OF DURHAM LIMITED 03 Oct 2012
    08254224 M4RC LTD 16 Oct 2012
    08267667 AJD ACCOUNTANTS LIMITED 25 Oct 2012
    08236385 MARSTEN LTD 02 Oct 2012
    08262993 TKC PROPERTY LIMITED 22 Oct 2012
    08273237 ZEDNAX ROADSIDE LIMITED 30 Oct 2012
    08251939 WILLOW VIEW CARE LIMITED 12 Oct 2012
    08273662 GRENCON LIMITED 30 Oct 2012
    08274654 ATRAX EVENTS LIMITED 30 Oct 2012
    08275006 HUDSON COOLER SERVICES LIMITED 31 Oct 2012
    08244254 FANCY DRESS COSTUMES FOR KIDS LIMITED 08 Oct 2012
    08244478 LONSDALE STORES LIMITED 08 Oct 2012
    08271804 T2 PROJECT SPECIALISTS LIMITED 29 Oct 2012
    08241052 PERSPECTIVE BUSINESS CENTRES LIMITED 04 Oct 2012
    08241756 DERWENT ASSET FINANCE LIMITED 05 Oct 2012
    08247939 HEART LAND DESIGN LIMITED 10 Oct 2012
    08250969 BEST INTERNET MARKETING LTD 12 Oct 2012
    08257270 ESTL SUPPLIES LIMITED 17 Oct 2012
    08251053 ZOOTCHY.COM LIMITED 12 Oct 2012
    08253240 RJC EDUCATION LIMITED 15 Oct 2012
    08265173 MALANDAY LIMITED 23 Oct 2012
    08238450 RENAVITE LTD 03 Oct 2012
    08245164 THAI CORNER DARLINGTON LIMITED 09 Oct 2012
    08246747 PROJECT EXPEDITORS LTD 10 Oct 2012
    08253412 LOVELIFE PHARMACIES LTD 15 Oct 2012