Durham, County Durham

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Durham when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Durham when compared to any half year in history.
  • The first half of 2014 saw a new record in net growth in Durham when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Durham when compared to any half year in history.

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. Half Year Data (Jan-Jun 2014)

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

    The first half of 2014 was a record first half year for company registrations in Durham when compared to any half year in history.

    In the first half of 2014 a total of 286 companies were formed in Durham. This figure is 32.4% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Durham occurred in 2014 when a total of 286 were formed.

    Half Year (Jan-Jun)DurhamUK
    2014286300,731
    2013216269,432
    % change32.4%11.6%
    Record Year2014 (286)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 113 companies were registered in Durham during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a difference of 0.0% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DurhamUK
    2014113150,009
    2013113134,630
    % change0.0%11.4%
    Record Year 2013 (113) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014403340
    New companies in 2013413834
    % change-2.4%-13.2%17.6%
    Record Year2013 (41)2013 (38)2007 (42)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 140 companies were dissolved in Durham. This figure is 8.5% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Durham occurred in 2009 when a total of 184 were closed.

    Half Year (Jan-Jun)DurhamUK
    2014140177,207
    2013129155,192
    % change8.5%14.2%
    Record Year2009 (184)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 64 companies were dissolved in Durham during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 9.9% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DurhamUK
    20146494,837
    20137177,278
    % change-9.9%22.7%
    Record Year 2009 (127) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014182818
    Closed companies in 2013272321
    % change-33.3%21.7%-14%
    Record Year2009 (36)2009 (65)2009 (26)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in Durham when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Durham when compared to any half year in history.

    In the first half of 2014 the company register for Durham increased by 146 companies.

    Half Year (Jan-Jun)DurhamUK
    2014146123,524
    201387114,240
    Record Year2014 (146)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Durham during the second quarter of 2014 (Apr 2014 - Jun 2014) was 49 companies.

    second quarter (Apr 2014 - Jun 2014)DurhamUK
    20144955,172
    20134257,352
    Record Year 2007 (65) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201422522
    Net growth in 2013141513
    Record Year2003 (26)2003 (23)2011 (27)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Durham formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Durham
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2008 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Durham formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Durham
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2007 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-12.0%-19.9%1.9%
    Record Year2003 (0.1%)2001 (0.1%)2007 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.1.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 45.6.

    The percentage of directors under the age of 25 was 7.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Durham was 2005 when 36.1% of all directors were female.

    25.8% of all director appointments in Durham in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Durham was in 2005 when 44.1% of all directors were female.

    28.1% of all director appointments in Durham in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    DURHAM2.41%CONSULTING5.16%
    MANAGEMENT1.49%MANAGEMENT4.64%
    CONSULTANCY1.49%CONSULTANCY3.50%
    NORTH1.37%PROPERTY2.66%
    PROPERTY1.26%TRADING2.03%
    CONSTRUCTION1.26%ENGINEERING1.99%
    EAST1.15%CONSTRUCTION1.93%
    CONSULTING1.03%LONDON1.93%
    (NE)0.92%CARE1.85%
    CONSULTANTS0.69%DESIGN1.75%
    BUILDING0.69%CONSULTANTS1.73%
    BUSINESS0.69%BUSINESS1.69%
    ELECTRICAL0.69%PROPERTIES1.63%
    ASSOCIATES0.69%TRANSPORT1.58%
    DEVELOPMENTS0.57%GLOBAL1.55%
    MEDICAL0.57%INVESTMENTS1.55%
    SAFETY0.57%J1.51%
    HALL0.57%ASSOCIATES1.48%
    INVESTMENTS0.57%MEDIA1.44%
    CITY0.57%ELECTRICAL1.40%
    GROUNDWORKS0.57%IT1.33%
    SSB0.57%DEVELOPMENTS1.33%
    CAR0.46%BUILDING1.26%
    RESTAURANT0.46%M1.24%
    TRAINING0.46%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied191261,557
    70229 - Management consultancy activities other than financial management2740,250
    74990 - Non-trading company2514,351
    99999 - Dormant Company2448,436
    82990 - Other business support service activities not elsewhere classified2057,421
    96090 - Other service activities not elsewhere classified2028,352
    86900 - Other human health activities1911,292
    62012 - Business and domestic software development149,834
    68209 - Other letting and operating of own or leased real estate1210,133
    74909 - Other professional, scientific and technical activities not elsewhere classified1219,058
    62020 - Information technology consultancy activities1129,029
    47710 - Retail sale of clothing in specialised stores103,228
    41100 - Development of building projects910,527
    85590 - Other education not elsewhere classified96,043
    47990 - Other retail sale not in stores, stalls or markets86,286
    93199 - Other sports activities84,027
    68100 - Buying and selling of own real estate86,413
    56101 - Licensed restaurants88,585
    09900 - Support activities for other mining and quarrying8206
    86220 - Specialists medical practice activities83,855

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09020845 FLOW MIND AND BODY LTD 01 May 2014
    09023620 MJS UTILITIES LIMITED 02 May 2014
    09023983 SALK GR LIMITED 06 May 2014
    09029779 DURHAM FEAST LTD 08 May 2014
    09036717 DYNAMIC PROPERTY MANAGEMENT NORTH EAST LIMITED 13 May 2014
    09036911 SMD SPECIALIST SECURITY AND RISK MANAGEMENT LTD 13 May 2014
    09039467 CHLOES CREATIVE WORKSHOPS LIMITED 14 May 2014
    09045308 VL LAWYERS LIMITED 19 May 2014
    09056841 FYC LIMITED 27 May 2014
    09057684 THE BARBER OF NEVILLE LTD 27 May 2014
    09059620 BRANCEPETH BOAR CATERING LTD 28 May 2014
    09059720 KEPIER CRESCENT 1958 LIMITED 28 May 2014
    09059900 ROOKSTONE LTD 28 May 2014
    09064681 FOX DECORATING LIMITED 30 May 2014
    09027551 THE BLACKSMITHS ARMS (LOW PITTINGTON) LIMITED 07 May 2014
    09029032 ROPE ACCESS FITTING LTD 08 May 2014
    09056209 TONY HALLGARTH 1964 LIMITED 27 May 2014
    09057481 PAUL MARWOOD PHOTOGRAPHY LIMITED 27 May 2014
    09024537 EMERALD ARCHITECTS LIMITED 06 May 2014
    09036435 JAYELL (NE) LIMITED 13 May 2014
    09042019 SWITCH PROPERTY MANAGEMENT LTD 15 May 2014
    09053185 MEDWAY 14 LIMITED 22 May 2014
    09058273 J&C TRANSPORT SOLUTIONS LIMITED 27 May 2014
    09059260 TERRA FIRMA EQUIPMENT LEASING LIMITED 28 May 2014
    09028450 M RIDLEY NDT LIMITED 07 May 2014

reports

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