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County Durham

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in County Durham when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in County Durham when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in County Durham when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in County Durham when compared to any previous December.
  • October 2014 saw a new record in company registrations in County Durham when compared to any previous October.
  • December 2014 saw a new record in company closures in County Durham 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 (2014)

    2014 was a record year for company registrations in County Durham when compared to any year in history.

    A total of 4,028 companies were formed in County Durham in 2014. This total is 12.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearCounty DurhamUK
    20144,028582,051
    20133,578529,363
    20123,213491,893
    20113,199452,870
    20102,797400,358
    Record Year2014 (4,028)2014 (582,051)
    New Companies by Year

  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in County Durham when compared to any previous second half year.

    In the second half of 2014 a total of 1,924 companies were formed in County Durham. This figure is 8.5% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in County Durham occurred in 2014 when a total of 1,924 were formed.

    Half Year (Jul-Dec)County DurhamUK
    20141,924281,320
    20131,773259,931
    % change8.5%8.2%
    Record Year2014 (1,924)2014 (281,320)
    New Companies by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in County Durham when compared to any previous Q4.

    A total of 855 companies were registered in County Durham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 3.5% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)County DurhamUK
    2014855137,906
    2013826127,247
    % change3.5%8.4%
    Record Year 2014 (855) 2014 (137,906)
    New Companies by Quarter

  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in County Durham when compared to any previous December.

    October 2014 saw a new record in company registrations in County Durham when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014343270242
    New companies in 2013339263224
    % change1.2%2.7%8.0%
    Record Year2014 (343)2011 (294)2014 (242)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 2,368 companies were dissolved in County Durham in 2014. This total is 0.2% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearCounty DurhamUK
    20142,368367,937
    20132,372332,213
    20122,063293,729
    20112,259314,524
    20102,131342,233
    Record Year2009 (2,658)2009 (533,789)
    Dissolved Companies by Year

  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,238 companies were dissolved in County Durham. This figure is 19.2% higher than last year, which compares badly to the UK wide change of 7.7%.

    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
    20141,238190,730
    20131,039177,021
    % change19.2%7.7%
    Record Year2009 (1,272)2009 (244,544)
    Dissolved Companies by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 597 companies were dissolved in County Durham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 11.2% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)County DurhamUK
    201459789,060
    201353790,851
    % change11.2%-2.0%
    Record Year 2014 (597) 2013 (90,851)
    Dissolved Companies by Quarter

  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in County Durham when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014171192234
    Closed companies in 2013188176173
    % change-9.0%9.1%35%
    Record Year2012 (200)2010 (263)2014 (234)

Net Company Growth

  1. Annual Data (2014)

    A total of 1,660 companies were added to the company register for County Durham in 2014. This number represents growth of 41.2% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 454 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
    20141,660214,114
    20131,206197,150
    20121,150198,164
    2011940138,346
    201066658,125
    Record Year2007 (1,698)2007 (237,353)
    Net Growth by Year

  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for County Durham increased by 686 companies.

    Half Year (Jul-Dec)County DurhamUK
    201468690,590
    201373482,910
    Record Year2003 (763)2003 (117,772)
    Net Growth by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for County Durham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 258 companies.

    fourth quarter (Oct 2014 - Dec 2014)County DurhamUK
    201425848,846
    201328936,396
    Record Year 2008 (404) 2012 (49,848)
    Net Growth by Quarter

  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014172788
    Net growth in 20131518751
    Record Year2011 (213)2006 (154)2003 (98)

UK Company Share

  1. Annual Data (2014)

    In 2014 County Durham formed 0.7% of all UK companies. This is no change on 2013 when County Durham was responsible for 0.7% of all UK companies.

    YearCounty Durham
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    20100.7%
    Record Year (since 1960)2009 (0.8%)
    Company Share by Year

  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 County Durham formed 0.7% of all UK companies. This is the same as the 2013 figure of 0.7%.

    Half Year (Jul-Dec)County Durham
    20140.7%
    20130.7%
    20120.6%
    20110.7%
    20100.7%
    Record Year (since 1960) 2009 (0.8%)
    Company Share by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, County Durham formed 0.6% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)County Durham
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.6%
    Record Year (since 1960) 2008 (0.9%)
    Company Share by Quarter

  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.7%0.6%0.6%
    UK formation share in 20130.7%0.6%0.6%
    % change-3.7%-2.5%-7.5%
    Record Year1990 (0.9%)2008 (0.9%)2008 (0.9%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.8.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.0%.

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

    Director Age by Year

  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.8.

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

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.

    Director Age by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 44.3.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    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 2014 was 27.7%. The average for the UK during this time was 26.1%

    Director Gender by Year

  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in County Durham was 2007 when 33.3% of all directors were female.

    27.8% of all director appointments in County Durham in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in County Durham was in 2007 when 34.7% of all directors were female.

    26.3% of all director appointments in County Durham in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.04%CONSULTING5.22%
    ENGINEERING1.96%MANAGEMENT4.58%
    CONSULTANCY1.56%CONSULTANCY3.57%
    NORTH1.50%PROPERTY2.66%
    EAST1.30%CONSTRUCTION2.12%
    PROPERTY1.28%ENGINEERING2.10%
    ELECTRICAL1.24%CARE2.02%
    INSPECTION1.17%TRADING1.94%
    CONSTRUCTION0.99%LONDON1.93%
    (NE)0.99%TRANSPORT1.93%
    CONSULTING0.97%DESIGN1.66%
    CONSULTANTS0.82%CONSULTANTS1.64%
    ASSOCIATES0.80%ELECTRICAL1.62%
    J0.80%PROPERTIES1.62%
    SAFETY0.74%BUSINESS1.56%
    DURHAM0.74%J1.54%
    M0.72%CO.,1.50%
    ACCESS0.72%GLOBAL1.49%
    TRAINING0.66%INVESTMENTS1.48%
    (NORTH0.64%ASSOCIATES1.47%
    WELDING0.64%DEVELOPMENTS1.35%
    EAST)0.64%MEDIA1.33%
    S0.62%IT1.31%
    NE0.60%BUILDING1.29%
    D0.58%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,399265,608
    99999 - Dormant Company26748,509
    70229 - Management consultancy activities other than financial management25142,290
    82990 - Other business support service activities not elsewhere classified21858,068
    74909 - Other professional, scientific and technical activities not elsewhere classified19219,049
    43999 - Other specialised construction activities not elsewhere classified1778,761
    96090 - Other service activities not elsewhere classified16029,009
    71129 - Other engineering activities1556,132
    62020 - Information technology consultancy activities10730,178
    68209 - Other letting and operating of own or leased real estate9911,212
    47910 - Retail sale via mail order houses or via Internet9110,107
    86900 - Other human health activities9012,976
    43210 - Electrical installation765,985
    74990 - Non-trading company7613,984
    56302 - Public houses and bars716,285
    71200 - Technical testing and analysis701,132
    41100 - Development of building projects6711,397
    96020 - Hairdressing and other beauty treatment616,742
    69201 - Accounting and auditing activities607,528
    42990 - Construction of other civil engineering projects not elsewhere classified572,701

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09339186 BD CORPORATE SOLUTIONS LTD 03 Dec 2014
    09347665 TEESDALE RENEWABLE FUELS LIMITED 09 Dec 2014
    09356221 BELMONT ELECTRICAL LIMITED 16 Dec 2014
    09370085 LEVER PROPERTY DEVELOPMENTS LIMITED 30 Dec 2014
    09365193 NEECO LIMITED 23 Dec 2014
    09366096 QUARRINGTON RENEWABLE GAS LTD 23 Dec 2014
    09366323 QUARRINGTON FARMS LTD 23 Dec 2014
    09349932 HOLYWELL WREN HOLDINGS LIMITED 10 Dec 2014
    09335528 ANNFIELD CARE LIMITED 01 Dec 2014
    09345713 F L HEDLEY & CO LIMITED 08 Dec 2014
    OC397112 NORTHERN BUSINESS MANAGEMENT LLP 15 Dec 2014
    09339720 HERBERT CHORLEY LIMITED 03 Dec 2014
    09346324 ALL BUILDING ENERGY SOLUTIONS LTD 08 Dec 2014
    09355375 BRANCH OUT TO GROW LTD 15 Dec 2014
    09362067 ROBERT MILLER (MANCHESTER) LTD 19 Dec 2014
    09346300 CONTRACT RECRUITMENT SERVICES LTD 08 Dec 2014
    09360889 PRAGNELL SPAIN LIMITED 18 Dec 2014
    09363750 1ST AID COMMERCIALS LTD 22 Dec 2014
    09341796 NEW CONTINENTAL DELI LIMITED 04 Dec 2014
    09344337 3 POINT MEDIA LIMITED 08 Dec 2014
    09352237 BLK BIKES LIMITED 12 Dec 2014
    09353890 KROMAS RECRUITMENT LIMITED 12 Dec 2014
    09363000 JERICHO THERAPY LIMITED 19 Dec 2014
    09343554 C READSHAW BUILDERS LIMITED 05 Dec 2014
    OC396994 CERTAX ACCOUNTING (DURHAM) LLP 09 Dec 2014

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