Durham, County Durham
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Durham when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Durham when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Durham when compared to any previous Q4.
- October 2014 saw a new record in company registrations in Durham when compared to any previous October.
- The second half of 2014 saw a new record in company closures in Durham when compared to any previous second half year.
- December 2014 saw a new record in company closures in Durham when compared to any previous December.
- 2014 was a record year for net growth in Durham when compared to any year in history.
- October 2014 saw a new record in net growth in Durham when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Durham when compared to any year in history.
A total of 526 companies were formed in Durham in 2014. This total is 19.5% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Durham UK 2014 526 582,051 2013 440 529,363 2012 397 491,893 2011 392 452,870 2010 333 400,358 Record Year 2014 (526) 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 Durham when compared to any previous second half year.
In the second half of 2014 a total of 240 companies were formed in Durham. This figure is 7.1% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Durham occurred in 2014 when a total of 240 were formed.
Half Year (Jul-Dec) Durham UK 2014 240 281,320 2013 224 259,931 % change 7.1% 8.2% Record Year 2014 (240) 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 Durham when compared to any previous Q4.
A total of 120 companies were registered in Durham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 2.6% 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) Durham UK 2014 120 137,906 2013 117 127,247 % change 2.6% 8.4% Record Year 2014 (120) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in Durham when compared to any previous October.
New Companies by Month
October November December New companies in 2014 55 37 28 New companies in 2013 53 39 25 % change 3.8% -5.1% 12.0% Record Year 2014 (55) 2011 (40) 2012 (32)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 300 companies were dissolved in Durham in 2014. This total is 8.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Durham UK 2014 300 367,937 2013 277 332,213 2012 231 293,729 2011 200 314,524 2010 212 342,233 Record Year 2009 (341) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Durham when compared to any previous second half year.
In the second half of 2014 a total of 160 companies were dissolved in Durham. This figure is 8.1% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Durham occurred in 2014 when a total of 160 were closed.
Half Year (Jul-Dec) Durham UK 2014 160 190,730 2013 148 177,021 % change 8.1% 7.7% Record Year 2014 (160) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 81 companies were dissolved in Durham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 17.4% 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) Durham UK 2014 81 89,060 2013 69 90,851 % change 17.4% -2.0% Record Year 2014 (81) 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 Durham when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 22 28 31 Closed companies in 2013 21 29 19 % change 4.8% -3.4% 63% Record Year 2012 (27) 2013 (29) 2014 (31)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Durham when compared to any year in history.
A total of 226 companies were added to the company register for Durham in 2014. This number represents growth of 43.0% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 63 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Durham company register grew by 226 companies.
Year Durham UK 2014 226 214,114 2013 163 197,150 2012 166 198,164 2011 192 138,346 2010 121 58,125 Record Year 2014 (226) 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 Durham increased by 80 companies.
Half Year (Jul-Dec) Durham UK 2014 80 90,590 2013 76 82,910 Record Year 2003 (101) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Durham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 39 companies.
fourth quarter (Oct 2014 - Dec 2014) Durham UK 2014 39 48,846 2013 48 36,396 Record Year 2012 (56) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Durham when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 33 9 -3 Net growth in 2013 32 10 6 Record Year 2014 (33) 2012 (21) 2012 (26)
UK Company Share
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Annual Data (2014)
In 2014 Durham formed 0.1% of all UK companies. This is no change on 2013 when Durham was responsible for 0.1% of all UK companies.
Year Durham 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2008 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Durham formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Durham 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2010 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Durham formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Durham 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) 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 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change -1.2% -9.9% -4.1% Record Year 2013 (0.1%) 1988 (0.2%) 1991 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.3.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.1% 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 44.5.
The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% 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 44.6.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.5% 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 Durham was 1998 when 34.6% of all directors were female.
The percentage of female directors in Durham in 2014 was 27.2%. 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 Durham was 2006 when 33.3% of all directors were female.
28.7% of all director appointments in 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 Durham was in 2008 when 35.8% of all directors were female.
32.7% of all director appointments in 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 1.56% CONSULTING 5.22% DURHAM 1.45% MANAGEMENT 4.58% CONSTRUCTION 1.45% CONSULTANCY 3.57% NORTH 1.11% PROPERTY 2.66% ELECTRICAL 1.11% CONSTRUCTION 2.12% PROPERTY 1.11% ENGINEERING 2.10% CONSULTANCY 1.00% CARE 2.02% ASSOCIATES 0.89% TRADING 1.94% EAST 0.89% LONDON 1.93% CONSULTING 0.67% TRANSPORT 1.93% SAFETY 0.56% DESIGN 1.66% M 0.56% CONSULTANTS 1.64% SSB 0.56% ELECTRICAL 1.62% FITNESS 0.56% PROPERTIES 1.62% CITY 0.56% BUSINESS 1.56% (DURHAM) 0.56% J 1.54% BUILDING 0.56% CO., 1.50% ENGINEERING 0.44% GLOBAL 1.49% GROUNDWORKS 0.44% INVESTMENTS 1.48% DH1 0.44% ASSOCIATES 1.47% LANCHESTER 0.44% DEVELOPMENTS 1.35% TRANSPORT 0.44% MEDIA 1.33% ESTATES 0.44% IT 1.31% HILL 0.44% BUILDING 1.29% CO 0.44% 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 194 265,608 70229 - Management consultancy activities other than financial management 33 42,290 99999 - Dormant Company 28 48,509 74990 - Non-trading company 20 13,984 96090 - Other service activities not elsewhere classified 17 29,009 86900 - Other human health activities 16 12,976 82990 - Other business support service activities not elsewhere classified 16 58,068 68209 - Other letting and operating of own or leased real estate 15 11,212 74909 - Other professional, scientific and technical activities not elsewhere classified 12 19,049 62012 - Business and domestic software development 11 9,752 56101 - Licensed restaurants 11 8,782 62090 - Other information technology service activities 10 12,837 62020 - Information technology consultancy activities 10 30,178 43999 - Other specialised construction activities not elsewhere classified 10 8,761 86220 - Specialists medical practice activities 10 4,031 69201 - Accounting and auditing activities 9 7,528 47990 - Other retail sale not in stores, stalls or markets 9 6,452 68100 - Buying and selling of own real estate 9 7,106 09900 - Support activities for other mining and quarrying 8 194 56103 - Take-away food shops and mobile food stands 8 8,318
Recent Companies
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Randomly selected companies from this quarter
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2014
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