Durham, County Durham
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Durham when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Durham when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in Durham when compared to any previous Q4.
- December 2011 saw a new record in company registrations in Durham when compared to any previous December.
- November 2011 saw a new record in company registrations in Durham when compared to any previous November.
- November 2011 saw a new record in company closures in Durham when compared to any previous November.
- November 2011 saw a new record in net growth in Durham when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Durham when compared to any year in history.
A total of 392 companies were formed in Durham in 2011. This total is 17.7% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Durham UK 2011 392 452,870 2010 333 400,358 2009 306 362,675 2008 321 349,203 2007 334 457,649 Record Year 2011 (392) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Durham when compared to any previous second half year.
In the second half of 2011 a total of 192 companies were formed in Durham. This figure is 11.0% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Durham occurred in 2011 when a total of 192 were formed.
Half Year (Jul-Dec) Durham UK 2011 192 224,135 2010 173 196,609 % change 11.0% 14.0% Record Year 2011 (192) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Durham when compared to any previous Q4.
A total of 99 companies were registered in Durham during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 26.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Durham UK 2011 99 109,623 2010 78 95,117 % change 26.9% 15.3% Record Year 2011 (99) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in Durham when compared to any previous December.
November 2011 saw a new record in company registrations in Durham when compared to any previous November.
New Companies by Month
October November December New companies in 2011 34 40 25 New companies in 2010 22 33 23 % change 54.5% 21.2% 8.7% Record Year 2003 (36) 2011 (40) 2011 (25)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 197 companies were dissolved in Durham in 2011. This total is 2.5% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Durham UK 2011 197 314,523 2010 202 342,232 2009 336 533,773 2008 126 237,901 2007 156 220,295 Record Year 2009 (336) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 96 companies were dissolved in Durham. This figure is 12.7% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Durham occurred in 2009 when a total of 154 were closed.
Half Year (Jul-Dec) Durham UK 2011 96 152,213 2010 110 164,601 % change -12.7% -7.5% Record Year 2009 (154) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 53 companies were dissolved in Durham during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 26.2% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Durham UK 2011 53 79,983 2010 42 76,896 % change 26.2% 4.0% Record Year 2009 (58) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company closures in Durham when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 10 20 23 Closed companies in 2010 16 17 9 % change -37.5% 17.6% 156% Record Year 2009 (19) 2011 (20) 2009 (24)
Net Company Growth
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Annual Data (2011)
A total of 195 companies were added to the company register for Durham in 2011. This number represents growth of 58.6% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 64 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.
Year Durham UK 2011 195 138,347 2010 131 58,126 2009 -30 -171,098 2008 195 111,302 2007 178 237,354 Record Year 2003 (213) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Durham increased by 96 companies.
Half Year (Jul-Dec) Durham UK 2011 96 71,922 2010 63 32,008 Record Year 2003 (102) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Durham during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 46 companies.
fourth quarter (Oct 2011 - Dec 2011) Durham UK 2011 46 29,640 2010 36 18,221 Record Year 2003 (54) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in net growth in Durham when compared to any previous November.
Net Growth by Month
October November December Net growth in 2011 24 20 2 Net growth in 2010 6 16 14 Record Year 2003 (31) 2011 (20) 2003 (15)
UK Company Share
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Annual Data (2011)
In 2011 Durham formed 0.1% of all UK companies. This is no change on 2010 when Durham was responsible for 0.1% of all UK companies.
Year Durham 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1971 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Durham formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jul-Dec) Durham 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1963 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Durham formed 0.1% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Durham 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 34.3% 3.2% -3.7% Record Year 1974 (0.3%) 1960 (0.2%) 1967 (0.3%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 44.3.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 44.8.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 45.0.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 30.7%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Durham was 1860 when 42.9% of all directors were female.
27.2% of all director appointments in Durham in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Durham was in 1977 when 31.1% of all directors were female.
26.9% of all director appointments in Durham in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DURHAM 1.65% CONSULTING 5.07% BANKS 1.51% MANAGEMENT 4.74% CONSULTING 1.51% CONSULTANCY 3.26% WIND 1.37% PROPERTY 2.37% FARM) 1.37% TRADING 2.07% RENEWABLES 1.37% DESIGN 1.92% PROPERTY 1.24% ASSOCIATES 1.86% SCHOOLS 1.10% ENGINEERING 1.78% FOR 1.10% BUSINESS 1.78% NORTH 0.96% CONSULTANTS 1.76% MEDICAL 0.96% CONSTRUCTION 1.73% DEVELOPMENTS 0.82% MEDIA 1.71% ASSOCIATES 0.82% LONDON 1.63% EAST 0.82% J 1.51% CONSTRUCTION 0.69% INVESTMENTS 1.48% MAINTENANCE 0.69% GLOBAL 1.46% MANAGEMENT 0.69% IT 1.41% HOUSE 0.69% CARE 1.39% CARE 0.69% PROPERTIES 1.29% IT 0.69% ELECTRICAL 1.29% J 0.69% M 1.27% (DURHAM) 0.55% BUILDING 1.26% VESTBROWN 0.55% ENERGY 1.25% PARTNERSHIP 0.55% S 1.20% ROCKTREE 0.55% ENTERPRISES 1.20%
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 133 205,525 7487 - Other business activities 36 57,052 70229 - Management consultancy activities other than financial management 18 17,765 7414 - Business & management consultancy 12 13,034 35110 - Production of electricity 12 671 62090 - Other information technology service activities 10 7,493 82990 - Other business support service activities not elsewhere classified 10 32,483 9999 - Dormant Company 10 20,199 74909 - Other professional, scientific and technical activities not elsewhere classified 10 8,671 74990 - Non-trading company 9 8,929 99999 - Dormant Company 9 21,846 62020 - Information technology consultancy activities 8 12,072 68209 - Other letting and operating of own or leased real estate 7 4,082 43999 - Other specialised construction activities not elsewhere classified 7 3,342 86900 - Other human health activities 7 4,457 7499 - Non-trading company 6 9,957 41100 - Development of building projects 6 4,331 45200 - Maintenance and repair of motor vehicles 6 2,452 68100 - Buying and selling of own real estate 5 2,749 96090 - Other service activities not elsewhere classified 5 11,768
Recent Companies
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Randomly selected companies from this quarter
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