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

  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. 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 TyneUK
    2010462105,137
    200935491,034
    % change30.5%15.5%
    Record Year 2007 (631) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2010112145205
    New companies in 200998112144
    % change14.3%29.5%42.4%
    Record Year2007 (133)2010 (145)2007 (357)

Closed Companies (dissolved)

  1. 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 TyneUK
    201031182,677
    2009369108,060
    % change-15.7%-23.5%
    Record Year 2009 (369) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20109886127
    Closed companies in 20096487218
    % change53.1%-1.1%-42%
    Record Year2010 (98)2008 (90)2009 (218)

Net Company Growth

  1. 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 TyneUK
    201015122,460
    2009-15-17,026
    Record Year 2007 (391) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010145978
    Net growth in 20093425-74
    Record Year2003 (78)2007 (88)2007 (252)

UK Company Share

  1. 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
    20100.4%
    20090.4%
    20080.4%
    20070.4%
    20060.4%
    Record Year (since 1960) 1967 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.4%0.4%0.5%
    UK formation share in 20090.4%0.4%0.4%
    % change6.0%10.9%18.3%
    Record Year1972 (1.1%)1976 (1.1%)1960 (0.9%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    NORTH1.79%MANAGEMENT5.01%
    EAST1.66%CONSULTING4.60%
    MANAGEMENT1.28%CONSULTANCY2.87%
    PROPERTY0.98%PROPERTY2.50%
    CONSULTING0.89%ASSOCIATES2.04%
    GROUP0.85%TRADING1.93%
    CONSULTANCY0.81%DESIGN1.91%
    COMMUNITY0.77%CONSTRUCTION1.87%
    ENGINEERING0.68%MEDIA1.84%
    (NEWCASTLE)0.64%BUSINESS1.74%
    NEWCASTLE0.60%INTERNATIONAL1.73%
    INTEREST0.60%CONSULTANTS1.63%
    CONSTRUCTION0.60%ENGINEERING1.54%
    TRAINING0.60%J1.48%
    DESIGN0.60%LONDON1.45%
    DEVELOPMENTS0.55%INVESTMENTS1.45%
    ASSOCIATES0.55%GROUP1.37%
    IT0.55%GLOBAL1.35%
    DIGITAL0.55%PROPERTIES1.35%
    NORTHERN0.51%BUILDING1.34%
    MEDIA0.51%CARE1.33%
    J0.51%ELECTRICAL1.30%
    PROPERTIES0.51%M1.28%
    CARE0.51%SYSTEMS1.25%
    BUSINESS0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied859228,645
    7487 - Other business activities22974,904
    82990 - Other business support service activities not elsewhere classified8126,974
    7414 - Business & management consultancy6717,003
    9999 - Dormant Company5519,948
    62020 - Information technology consultancy activities549,943
    99999 - Dormant Company4713,808
    68320 - Management of real estate on a fee or contract basis453,169
    7260 - Other computer related activities4310,331
    7499 - Non-trading company4115,398
    7222 - Other software consultancy and supply399,659
    70229 - Management consultancy activities other than financial management3814,007
    9305 - Other service activities369,038
    5530 - Restaurants364,798
    4521 - General construction & civil engineering349,325
    7011 - Development & sell real estate335,300
    74909 - Other professional, scientific and technical activities not elsewhere classified297,143
    96090 - Other service activities not elsewhere classified298,154
    62090 - Other information technology service activities276,340
    71121 - Engineering design activities for industrial process and production26677

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07186903 WEIGHTMAN SWIMMING POOL SERVICES LIMITED 11 Mar 2010
    07185371 SABAI HAIRDRESSING LTD 10 Mar 2010
    07184996 SILK FAMILY LAW LIMITED 10 Mar 2010
    07179515 STAR TECHNO LIMITED 05 Mar 2010
    07177145 ASHBRAWL LTD 04 Mar 2010
    07210242 BEDE RESIDENTIAL DEVELOPMENTS LIMITED 31 Mar 2010
    07201888 WE-THINK-DIGITAL LIMITED 24 Mar 2010
    07193619 LITTLE WHITE LIE LIMITED 17 Mar 2010
    07191012 SCOOTSAFE LTD 16 Mar 2010
    07190439 GF WOULDHAVE (N.E.) LIMITED 16 Mar 2010
    07186930 INNOVATIVE PROPERTY NETWORK LIMITED 11 Mar 2010
    07182697 CODE RED CREATIVE & TECHNICAL SOLUTIONS LIMITED 09 Mar 2010
    07179275 STARS AND BUTTERFLIES LIMITED 05 Mar 2010
    07173839 RITTER BRANDS LIMITED 02 Mar 2010
    07206049 PROPERTY MAINTENANCE CENTRE LIMITED 29 Mar 2010
    07200004 SEASONALACCOMMODATION.COM LTD 23 Mar 2010
    07190926 HORE EXORS OF RA DECD LIMITED 16 Mar 2010
    07180969 1824 LTD. 06 Mar 2010
    07207115 INTEGRATION GATES COMMUNITY INTEREST COMPANY 29 Mar 2010
    07203881 HUTCHINSONS FRUIT&VEG (GATESHEAD) LIMITED 25 Mar 2010
    07203828 HUTCHINSONS FRUIT & VEG (NEWCASTLE) LIMITED 25 Mar 2010
    07198671 AMEOBI HARDSHIP FUNDING FOR INTERNATIONAL STUDENTS 22 Mar 2010
    07191737 DIALANETWORK LIMITED 16 Mar 2010
    07185631 RMD ESTATES LIMITED 11 Mar 2010
    07183201 REGENESIS MEDIA COMMUNITY INTEREST COMPANY 09 Mar 2010