Durham, County Durham

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Durham when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Durham when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Durham when compared to any previous December.
  • November 2010 saw a new record in company registrations in Durham when compared to any previous November.
  • November 2010 saw a new record in company closures in Durham when compared to any previous November.
  • November 2010 saw a new record in net growth in Durham when compared to any previous November.

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 (2010)

    A total of 333 companies were formed in Durham in 2010. This total is 8.8% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearDurhamUK
    2010333400,358
    2009306362,675
    2008321349,203
    2007334457,649
    2006264405,440
    Record Year2007 (334)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Durham when compared to any previous second half year.

    In the second half of 2010 a total of 173 companies were formed in Durham. This figure is 17.7% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Durham occurred in 2010 when a total of 173 were formed.

    Half Year (Jul-Dec)DurhamUK
    2010173196,609
    2009147180,654
    % change17.7%8.8%
    Record Year2010 (173)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Durham when compared to any previous Q4.

    A total of 78 companies were registered in Durham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 9.9% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)DurhamUK
    20107895,117
    20097185,983
    % change9.9%10.6%
    Record Year 2010 (78) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Durham when compared to any previous December.

    November 2010 saw a new record in company registrations in Durham when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010223323
    New companies in 2009252818
    % change-12.0%17.9%27.8%
    Record Year2003 (36)2010 (33)2010 (23)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 202 companies were dissolved in Durham in 2010. This total is 39.9% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearDurhamUK
    2010202342,232
    2009336533,773
    2008126237,901
    2007156220,295
    2006102200,166
    Record Year2009 (336)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 110 companies were dissolved in Durham. This figure is 28.6% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Durham occurred in 2009 when a total of 154 were closed.

    Half Year (Jul-Dec)DurhamUK
    2010110164,601
    2009154244,537
    % change-28.6%-32.7%
    Record Year2009 (154)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 42 companies were dissolved in Durham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 27.6% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)DurhamUK
    20104276,896
    20095885,136
    % change-27.6%-9.7%
    Record Year 2009 (58) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Durham when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201016179
    Closed companies in 2009191524
    % change-15.8%13.3%-63%
    Record Year2009 (19)2010 (17)2009 (24)

Net Company Growth

  1. Annual Data (2010)

    A total of 131 companies were added to the company register for Durham in 2010. This number represents growth of 42.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 161 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Durham company register grew by 213 companies.

    YearDurhamUK
    201013158,126
    2009-30-171,098
    2008195111,302
    2007178237,354
    2006162205,274
    Record Year2003 (213)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Durham increased by 63 companies.

    Half Year (Jul-Dec)DurhamUK
    20106332,008
    2009-7-63,883
    Record Year2003 (102)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Durham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 36 companies.

    fourth quarter (Oct 2010 - Dec 2010)DurhamUK
    20103618,221
    200913847
    Record Year 2003 (54) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in net growth in Durham when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201061614
    Net growth in 2009613-6
    Record Year2003 (31)2010 (16)2003 (15)

UK Company Share

  1. Annual Data (2010)

    In 2010 Durham formed 0.1% of all UK companies. This is no change on 2009 when Durham was responsible for 0.1% of all UK companies.

    YearDurham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1971 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Durham formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Durham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1963 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Durham formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Durham
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-23.0%5.4%21.7%
    Record Year1974 (0.3%)1960 (0.2%)1967 (0.3%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.2.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.5%.

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

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.8.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 45.2.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.0%.

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

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

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

    The percentage of female directors in Durham in 2010 was 30.5%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

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

    31.6% of all director appointments in Durham in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    35.0% of all director appointments in Durham in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    DURHAM3.63%CONSULTING5.06%
    (DURHAM)1.58%MANAGEMENT5.01%
    RENEWABLES1.26%CONSULTANCY3.14%
    BANKS1.26%PROPERTY2.36%
    FARM)1.26%TRADING2.11%
    WIND1.26%ASSOCIATES1.95%
    BUILDING0.79%DESIGN1.92%
    CONSULTING0.79%BUSINESS1.82%
    NORTH0.79%CONSTRUCTION1.82%
    PROPERTY0.79%CONSULTANTS1.76%
    TRAINING0.63%MEDIA1.71%
    CONSTRUCTION0.63%ENGINEERING1.62%
    HOUSE0.63%LONDON1.60%
    DESIGN0.63%CARE1.45%
    CITY0.63%INVESTMENTS1.44%
    EAST0.63%GLOBAL1.43%
    PROPERTIES0.63%J1.42%
    RED0.47%IT1.41%
    H0.47%PROPERTIES1.34%
    VENTURE0.47%INTERNATIONAL1.34%
    CONSULTANCY0.47%BUILDING1.34%
    RESTAURANT0.47%M1.30%
    WHOLESALE0.47%ELECTRICAL1.25%
    J0.47%SYSTEMS1.24%
    PULMAN0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied135199,572
    7487 - Other business activities4363,348
    70229 - Management consultancy activities other than financial management2014,505
    74990 - Non-trading company168,243
    9999 - Dormant Company1420,144
    74909 - Other professional, scientific and technical activities not elsewhere classified97,088
    86900 - Other human health activities93,700
    82990 - Other business support service activities not elsewhere classified927,550
    7414 - Business & management consultancy913,474
    99999 - Dormant Company916,285
    62020 - Information technology consultancy activities89,177
    4531 - Installation electrical wiring etc.72,170
    62090 - Other information technology service activities76,330
    35110 - Production of electricity7396
    68100 - Buying and selling of own real estate62,446
    47910 - Retail sale via mail order houses or via Internet51,849
    68320 - Management of real estate on a fee or contract basis53,097
    7222 - Other software consultancy and supply57,298
    96090 - Other service activities not elsewhere classified58,799
    43999 - Other specialised construction activities not elsewhere classified52,854

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07424020 KIELDER WATER & FOREST PARK DEVELOPMENT TRUST 29 Oct 2010
    07421962 ECO TRADE WINDOWS LIMITED 28 Oct 2010
    07418031 YOUR CARING SOLUTIONS LTD 25 Oct 2010
    07417436 ELVET HR SERVICES LIMITED 25 Oct 2010
    07416955 THE QUEEN'S HEAD (DURHAM) LIMITED 22 Oct 2010
    07403098 GILMOOR VETS LIMITED 11 Oct 2010
    07395937 AD4TAXI.COM LTD 04 Oct 2010
    07393629 BANGLADESH RESTAURANT LTD 01 Oct 2010
    OC359025 PORTCULLIS BATTLEFIELD TOURS LLP 26 Oct 2010
    07409740 M.H.H.CADDEN LTD 15 Oct 2010
    07402257 HAPPINESS DAWNS LTD 11 Oct 2010
    07402195 ABUNDANT ROOTS LIMITED 11 Oct 2010
    07402162 HAPPYNESS DAWNS LTD 11 Oct 2010
    07394560 LINCOLN PROPERTY INVESTMENTS LTD 01 Oct 2010
    07424142 BANKS RENEWABLES (MERE LANE WIND FARM) LIMITED 29 Oct 2010
    07414508 LOW MEADOWS EQUESTRIAN CENTRE LIMITED 21 Oct 2010
    07408144 BANKS RENEWABLES (SOUTH DALE WIND FARM) LIMITED 14 Oct 2010
    07408123 BANKS RENEWABLES (HAGG WOOD WIND FARM) LIMITED 14 Oct 2010
    07403330 EVERYTHING BUT THE CURE LTD 11 Oct 2010
    07400544 TAYLOR HOME DESIGN LIMITED 07 Oct 2010
    07398902 LP DRIVER (PCV & HGV) TRAINING CO. LTD 06 Oct 2010
    07398656 ADAM BOOTH IT SERVICES LIMITED 06 Oct 2010

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