Newcastle Upon Tyne, Tyne And Wear
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.
- January 2010 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 462 companies were registered in Newcastle Upon Tyne during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 30.5% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Newcastle Upon Tyne UK 2010 462 105,137 2009 354 91,034 % change 30.5% 15.5% Record Year 2007 (631) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.
New Companies by Month
January February March New companies in 2010 112 145 205 New companies in 2009 98 112 144 % change 14.3% 29.5% 42.4% Record Year 2007 (133) 2010 (145) 2007 (357)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 311 companies were dissolved in Newcastle Upon Tyne during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 15.7% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Newcastle Upon Tyne UK 2010 311 82,677 2009 369 108,060 % change -15.7% -23.5% Record Year 2009 (369) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
January 2010 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 98 86 127 Closed companies in 2009 64 87 218 % change 53.1% -1.1% -42% Record Year 2010 (98) 2008 (90) 2009 (218)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Newcastle Upon Tyne during the first quarter of 2010 (Jan 2010 - Mar 2010) was 151 companies.
first quarter (Jan 2010 - Mar 2010) Newcastle Upon Tyne UK 2010 151 22,460 2009 -15 -17,026 Record Year 2007 (391) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 14 59 78 Net growth in 2009 34 25 -74 Record Year 2003 (78) 2007 (88) 2007 (252)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Newcastle Upon Tyne formed 0.4% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Newcastle Upon Tyne 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% 2006 0.4% Record Year (since 1960) 1967 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.4% 0.4% 0.5% UK formation share in 2009 0.4% 0.4% 0.4% % change 6.0% 10.9% 18.3% Record Year 1972 (1.1%) 1976 (1.1%) 1960 (0.9%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.9.
The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Newcastle Upon Tyne was in 1861 when 40.0% of all directors were female.
23.8% of all director appointments in Newcastle Upon Tyne in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 1.79% MANAGEMENT 5.01% EAST 1.66% CONSULTING 4.60% MANAGEMENT 1.28% CONSULTANCY 2.87% PROPERTY 0.98% PROPERTY 2.50% CONSULTING 0.89% ASSOCIATES 2.04% GROUP 0.85% TRADING 1.93% CONSULTANCY 0.81% DESIGN 1.91% COMMUNITY 0.77% CONSTRUCTION 1.87% ENGINEERING 0.68% MEDIA 1.84% (NEWCASTLE) 0.64% BUSINESS 1.74% NEWCASTLE 0.60% INTERNATIONAL 1.73% INTEREST 0.60% CONSULTANTS 1.63% CONSTRUCTION 0.60% ENGINEERING 1.54% TRAINING 0.60% J 1.48% DESIGN 0.60% LONDON 1.45% DEVELOPMENTS 0.55% INVESTMENTS 1.45% ASSOCIATES 0.55% GROUP 1.37% IT 0.55% GLOBAL 1.35% DIGITAL 0.55% PROPERTIES 1.35% NORTHERN 0.51% BUILDING 1.34% MEDIA 0.51% CARE 1.33% J 0.51% ELECTRICAL 1.30% PROPERTIES 0.51% M 1.28% CARE 0.51% SYSTEMS 1.25% BUSINESS 0.51% S 1.23%
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 859 228,645 7487 - Other business activities 229 74,904 82990 - Other business support service activities not elsewhere classified 81 26,974 7414 - Business & management consultancy 67 17,003 9999 - Dormant Company 55 19,948 62020 - Information technology consultancy activities 54 9,943 99999 - Dormant Company 47 13,808 68320 - Management of real estate on a fee or contract basis 45 3,169 7260 - Other computer related activities 43 10,331 7499 - Non-trading company 41 15,398 7222 - Other software consultancy and supply 39 9,659 70229 - Management consultancy activities other than financial management 38 14,007 9305 - Other service activities 36 9,038 5530 - Restaurants 36 4,798 4521 - General construction & civil engineering 34 9,325 7011 - Development & sell real estate 33 5,300 74909 - Other professional, scientific and technical activities not elsewhere classified 29 7,143 96090 - Other service activities not elsewhere classified 29 8,154 62090 - Other information technology service activities 27 6,340 71121 - Engineering design activities for industrial process and production 26 677
Recent Companies
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Randomly selected companies from this quarter
reports
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