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
New Company Registrations
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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.
Year County Durham UK 2014 4,028 582,051 2013 3,578 529,363 2012 3,213 491,893 2011 3,199 452,870 2010 2,797 400,358 Record Year 2014 (4,028) 2014 (582,051) New Companies by Year
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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 Durham UK 2014 1,924 281,320 2013 1,773 259,931 % change 8.5% 8.2% Record Year 2014 (1,924) 2014 (281,320) New Companies by Half Year
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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 Durham UK 2014 855 137,906 2013 826 127,247 % change 3.5% 8.4% Record Year 2014 (855) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 343 270 242 New companies in 2013 339 263 224 % change 1.2% 2.7% 8.0% Record Year 2014 (343) 2011 (294) 2014 (242)
Closed Companies (dissolved)
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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.
Year County Durham UK 2014 2,368 367,937 2013 2,372 332,213 2012 2,063 293,729 2011 2,259 314,524 2010 2,131 342,233 Record Year 2009 (2,658) 2009 (533,789) Dissolved Companies by Year
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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 Durham UK 2014 1,238 190,730 2013 1,039 177,021 % change 19.2% 7.7% Record Year 2009 (1,272) 2009 (244,544) Dissolved Companies by Half Year
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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 Durham UK 2014 597 89,060 2013 537 90,851 % change 11.2% -2.0% Record Year 2014 (597) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 171 192 234 Closed companies in 2013 188 176 173 % change -9.0% 9.1% 35% Record Year 2012 (200) 2010 (263) 2014 (234)
Net Company Growth
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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.
Year County Durham UK 2014 1,660 214,114 2013 1,206 197,150 2012 1,150 198,164 2011 940 138,346 2010 666 58,125 Record Year 2007 (1,698) 2007 (237,353) Net Growth by Year
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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 Durham UK 2014 686 90,590 2013 734 82,910 Record Year 2003 (763) 2003 (117,772) Net Growth by Half Year
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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 Durham UK 2014 258 48,846 2013 289 36,396 Record Year 2008 (404) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 172 78 8 Net growth in 2013 151 87 51 Record Year 2011 (213) 2006 (154) 2003 (98)
UK Company Share
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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.
Year County Durham 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% 2010 0.7% Record Year (since 1960) 2009 (0.8%) Company Share by Year
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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 2014 0.7% 2013 0.7% 2012 0.6% 2011 0.7% 2010 0.7% Record Year (since 1960) 2009 (0.8%) Company Share by Half Year
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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 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.6% Record Year (since 1960) 2008 (0.9%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.7% 0.6% 0.6% UK formation share in 2013 0.7% 0.6% 0.6% % change -3.7% -2.5% -7.5% Record Year 1990 (0.9%) 2008 (0.9%) 2008 (0.9%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.04% CONSULTING 5.22% ENGINEERING 1.96% MANAGEMENT 4.58% CONSULTANCY 1.56% CONSULTANCY 3.57% NORTH 1.50% PROPERTY 2.66% EAST 1.30% CONSTRUCTION 2.12% PROPERTY 1.28% ENGINEERING 2.10% ELECTRICAL 1.24% CARE 2.02% INSPECTION 1.17% TRADING 1.94% CONSTRUCTION 0.99% LONDON 1.93% (NE) 0.99% TRANSPORT 1.93% CONSULTING 0.97% DESIGN 1.66% CONSULTANTS 0.82% CONSULTANTS 1.64% ASSOCIATES 0.80% ELECTRICAL 1.62% J 0.80% PROPERTIES 1.62% SAFETY 0.74% BUSINESS 1.56% DURHAM 0.74% J 1.54% M 0.72% CO., 1.50% ACCESS 0.72% GLOBAL 1.49% TRAINING 0.66% INVESTMENTS 1.48% (NORTH 0.64% ASSOCIATES 1.47% WELDING 0.64% DEVELOPMENTS 1.35% EAST) 0.64% MEDIA 1.33% S 0.62% IT 1.31% NE 0.60% BUILDING 1.29% D 0.58% M 1.22%
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 1,399 265,608 99999 - Dormant Company 267 48,509 70229 - Management consultancy activities other than financial management 251 42,290 82990 - Other business support service activities not elsewhere classified 218 58,068 74909 - Other professional, scientific and technical activities not elsewhere classified 192 19,049 43999 - Other specialised construction activities not elsewhere classified 177 8,761 96090 - Other service activities not elsewhere classified 160 29,009 71129 - Other engineering activities 155 6,132 62020 - Information technology consultancy activities 107 30,178 68209 - Other letting and operating of own or leased real estate 99 11,212 47910 - Retail sale via mail order houses or via Internet 91 10,107 86900 - Other human health activities 90 12,976 43210 - Electrical installation 76 5,985 74990 - Non-trading company 76 13,984 56302 - Public houses and bars 71 6,285 71200 - Technical testing and analysis 70 1,132 41100 - Development of building projects 67 11,397 96020 - Hairdressing and other beauty treatment 61 6,742 69201 - Accounting and auditing activities 60 7,528 42990 - Construction of other civil engineering projects not elsewhere classified 57 2,701
Recent Companies
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Randomly selected companies from this quarter
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