County Durham
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in County Durham when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in County Durham when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in County Durham when compared to any previous Q4.
- December 2013 saw a new record in company registrations in County Durham when compared to any previous December.
- October 2013 saw a new record in company registrations in County Durham when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in County Durham when compared to any year in history.
A total of 3,578 companies were formed in County Durham in 2013. This total is 11.4% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year County Durham UK 2013 3,578 529,363 2012 3,213 491,893 2011 3,199 452,870 2010 2,797 400,358 2009 3,052 362,675 Record Year 2013 (3,578) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in County Durham when compared to any previous second half year.
In the second half of 2013 a total of 1,773 companies were formed in County Durham. This figure is 20.3% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in County Durham occurred in 2013 when a total of 1,773 were formed.
Half Year (Jul-Dec) County Durham UK 2013 1,773 259,931 2012 1,474 238,743 % change 20.3% 8.9% Record Year 2013 (1,773) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in County Durham when compared to any previous Q4.
A total of 826 companies were registered in County Durham during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 15.0% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) County Durham UK 2013 826 127,247 2012 718 119,875 % change 15.0% 6.1% Record Year 2013 (826) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in County Durham when compared to any previous December.
October 2013 saw a new record in company registrations in County Durham when compared to any previous October.
New Companies by Month
October November December New companies in 2013 339 263 224 New companies in 2012 293 241 184 % change 15.7% 9.1% 21.7% Record Year 2013 (339) 2011 (294) 2013 (224)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 2,372 companies were dissolved in County Durham in 2013. This total is 15.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year County Durham UK 2013 2,372 332,213 2012 2,063 293,729 2011 2,259 314,524 2010 2,131 342,233 2009 2,658 533,789 Record Year 2009 (2,658) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 1,039 companies were dissolved in County Durham. This figure is 1.2% lower than last year, which compares well to the UK wide change of 21.3%.
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 Durham UK 2013 1,039 177,021 2012 1,052 145,935 % change -1.2% 21.3% Record Year 2009 (1,272) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 537 companies were dissolved in County Durham during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 12.3% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) County Durham UK 2013 537 90,851 2012 478 70,027 % change 12.3% 29.7% Record Year 2010 (551) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 188 176 173 Closed companies in 2012 200 186 92 % change -6.0% -5.4% 88% Record Year 2012 (200) 2010 (263) 2011 (198)
Net Company Growth
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Annual Data (2013)
A total of 1,206 companies were added to the company register for County Durham in 2013. This number represents growth of 33.7% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 56 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.
Year County Durham UK 2013 1,206 197,150 2012 1,150 198,164 2011 940 138,346 2010 666 58,125 2009 394 -171,114 Record Year 2007 (1,698) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for County Durham increased by 734 companies.
Half Year (Jul-Dec) County Durham UK 2013 734 82,910 2012 422 92,808 Record Year 2003 (763) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for County Durham during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 289 companies.
fourth quarter (Oct 2013 - Dec 2013) County Durham UK 2013 289 36,396 2012 240 49,848 Record Year 2008 (404) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 151 87 51 Net growth in 2012 93 55 92 Record Year 2011 (213) 2006 (154) 2003 (98)
UK Company Share
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Annual Data (2013)
In 2013 County Durham formed 0.7% of all UK companies. This is no change on 2012 when County Durham was responsible for 0.7% of all UK companies.
Year County Durham 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.8% Record Year (since 1960) 2009 (0.8%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 County Durham formed 0.7% of all UK companies. This is more than the 2012 figure of 0.6%.
Half Year (Jul-Dec) County Durham 2013 0.7% 2012 0.6% 2011 0.7% 2010 0.7% 2009 0.8% Record Year (since 1960) 2009 (0.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, County Durham formed 0.6% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) County Durham 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.6% 2009 0.8% Record Year (since 1960) 2008 (0.9%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.7% 0.6% 0.6% UK formation share in 2012 0.6% 0.6% 0.6% % change 7.5% 7.3% 10.7% Record Year 1990 (0.9%) 2008 (0.9%) 2008 (0.9%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.9.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.9.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 44.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in County Durham was 1990 when 40.6% of all directors were female.
The percentage of female directors in County Durham in 2013 was 27.3%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in County Durham was 2007 when 33.3% of all directors were female.
27.3% of all director appointments in County Durham in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in County Durham was in 2007 when 34.7% of all directors were female.
26.4% of all director appointments in County Durham in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 2.06% CONSULTING 5.22% NORTH 1.81% MANAGEMENT 4.72% EAST 1.65% CONSULTANCY 3.45% CONSULTANCY 1.40% PROPERTY 2.59% PROPERTY 1.29% TRADING 2.08% MANAGEMENT 1.25% ENGINEERING 1.87% INSPECTION 1.22% LONDON 1.86% (NE) 1.13% DESIGN 1.76% DURHAM 1.04% CONSTRUCTION 1.73% TRAINING 1.00% CARE 1.73% ELECTRICAL 0.95% BUSINESS 1.71% CONSTRUCTION 0.86% CONSULTANTS 1.68% CONSULTING 0.86% GLOBAL 1.58% J 0.79% INVESTMENTS 1.56% ENERGY 0.77% PROPERTIES 1.54% DESIGN 0.75% ASSOCIATES 1.53% ASSOCIATES 0.72% J 1.51% EAST) 0.70% MEDIA 1.50% CONSULTANTS 0.68% IT 1.35% (NORTH 0.68% DEVELOPMENTS 1.23% SAFETY 0.63% M 1.23% PROPERTIES 0.63% BUILDING 1.21% INVESTMENTS 0.61% ELECTRICAL 1.20% NE 0.61% CAPITAL 1.19% MEDICAL 0.59% ENERGY 1.14%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 1,440 266,814 82990 - Other business support service activities not elsewhere classified 255 55,342 99999 - Dormant Company 234 46,762 70229 - Management consultancy activities other than financial management 222 36,164 74909 - Other professional, scientific and technical activities not elsewhere classified 192 18,034 96090 - Other service activities not elsewhere classified 168 26,001 71129 - Other engineering activities 123 5,158 43999 - Other specialised construction activities not elsewhere classified 114 7,823 62020 - Information technology consultancy activities 104 27,183 47910 - Retail sale via mail order houses or via Internet 95 8,879 74990 - Non-trading company 87 14,223 86900 - Other human health activities 74 9,543 43210 - Electrical installation 65 5,730 68209 - Other letting and operating of own or leased real estate 62 8,733 56302 - Public houses and bars 61 5,503 49410 - Freight transport by road 60 7,333 62090 - Other information technology service activities 59 12,511 96020 - Hairdressing and other beauty treatment 56 6,000 85590 - Other education not elsewhere classified 56 5,698 71200 - Technical testing and analysis 55 880
Recent Companies
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Randomly selected companies from this quarter
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