Newcastle Upon Tyne, Tyne And Wear

2010 Half Year Business Confidence Report

Headlines

  • Q2 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q2.
  • May 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous May.
  • April 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous April.

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 2010)

    In the first half of 2010 a total of 919 companies were formed in Newcastle Upon Tyne. This figure is 23.5% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Newcastle Upon Tyne occurred in 2007 when a total of 1,032 were formed.

    Half Year (Jan-Jun)Newcastle Upon TyneUK
    2010919203,749
    2009744182,021
    % change23.5%11.9%
    Record Year2007 (1,032)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q2.

    A total of 457 companies were registered in Newcastle Upon Tyne during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 17.2% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)Newcastle Upon TyneUK
    201045798,612
    200939090,987
    % change17.2%8.4%
    Record Year 2010 (457) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    May 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous May.

    April 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2010162144151
    New companies in 2009139131120
    % change16.5%9.9%25.8%
    Record Year2010 (162)2010 (144)2000 (175)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 647 companies were dissolved in Newcastle Upon Tyne. This figure is 36.8% lower than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Newcastle Upon Tyne occurred in 2009 when a total of 1,023 were closed.

    Half Year (Jan-Jun)Newcastle Upon TyneUK
    2010647177,631
    20091,023289,236
    % change-36.8%-38.6%
    Record Year2009 (1,023)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 336 companies were dissolved in Newcastle Upon Tyne during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 48.6% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)Newcastle Upon TyneUK
    201033694,954
    2009654181,176
    % change-48.6%-47.6%
    Record Year 2009 (654) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201098104134
    Closed companies in 2009179270205
    % change-45.3%-61.5%-35%
    Record Year2009 (179)2009 (270)2009 (205)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Newcastle Upon Tyne increased by 272 companies.

    Half Year (Jan-Jun)Newcastle Upon TyneUK
    201027226,118
    2009-279-107,215
    Record Year2007 (579)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Newcastle Upon Tyne during the second quarter of 2010 (Apr 2010 - Jun 2010) was 121 companies.

    second quarter (Apr 2010 - Jun 2010)Newcastle Upon TyneUK
    20101213,658
    2009-264-90,189
    Record Year 2003 (274) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010644017
    Net growth in 2009-40-139-85
    Record Year2005 (102)2003 (100)2008 (98)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Newcastle Upon Tyne formed 0.5% of all UK companies. This is more than the 2009 figure of 0.4%.

    Half Year (Jan-Jun)Newcastle Upon Tyne
    20100.5%
    20090.4%
    20080.4%
    20070.4%
    20060.4%
    Record Year (since 1960) 1963 (0.9%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Newcastle Upon Tyne formed 0.5% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Newcastle Upon Tyne
    20100.5%
    20090.4%
    20080.4%
    20070.4%
    20060.4%
    Record Year (since 1960) 1963 (1.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.5%0.5%0.4%
    UK formation share in 20090.5%0.5%0.4%
    % change7.2%4.8%13.2%
    Record Year1967 (1.3%)1962 (1.4%)1963 (1.6%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 44.3.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 43.7.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Newcastle Upon Tyne was 1861 when 40.0% of all directors were female.

    22.6% of all director appointments in Newcastle Upon Tyne in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Newcastle Upon Tyne was in 1866 when 66.7% of all directors were female.

    21.3% of all director appointments in Newcastle Upon Tyne in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    NORTH2.04%MANAGEMENT5.01%
    EAST1.84%CONSULTING4.79%
    MANAGEMENT1.35%CONSULTANCY3.02%
    PROPERTY0.98%PROPERTY2.40%
    CONSULTING0.94%ASSOCIATES2.02%
    COMMUNITY0.78%TRADING2.01%
    ENGINEERING0.73%DESIGN1.91%
    DEVELOPMENTS0.69%CONSTRUCTION1.85%
    (NE)0.69%MEDIA1.80%
    INTEREST0.69%BUSINESS1.75%
    ASSOCIATES0.69%CONSULTANTS1.71%
    CONSULTANCY0.65%INTERNATIONAL1.59%
    PROPERTIES0.61%ENGINEERING1.56%
    (NEWCASTLE)0.57%LONDON1.52%
    (NORTH0.57%INVESTMENTS1.49%
    J0.57%J1.46%
    EAST)0.57%CARE1.41%
    MEDIA0.53%GLOBAL1.39%
    TIMEC0.53%PROPERTIES1.35%
    CONSTRUCTION0.49%BUILDING1.33%
    NORTHERN0.49%M1.29%
    NEWCASTLE0.49%IT1.28%
    DESIGN0.49%ELECTRICAL1.27%
    GROUP0.49%GROUP1.25%
    BUILDING0.45%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied831207,125
    7487 - Other business activities20268,525
    82990 - Other business support service activities not elsewhere classified7325,942
    7414 - Business & management consultancy6514,598
    99999 - Dormant Company6014,342
    9999 - Dormant Company5119,842
    7499 - Non-trading company4513,997
    5530 - Restaurants434,879
    70229 - Management consultancy activities other than financial management4113,490
    7260 - Other computer related activities419,122
    68320 - Management of real estate on a fee or contract basis393,070
    62020 - Information technology consultancy activities368,590
    9305 - Other service activities338,822
    7222 - Other software consultancy and supply328,285
    4521 - General construction & civil engineering288,262
    96090 - Other service activities not elsewhere classified277,922
    7011 - Development & sell real estate254,579
    62090 - Other information technology service activities255,854
    68209 - Other letting and operating of own or leased real estate243,834
    74990 - Non-trading company207,893

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240809 ASHOKA MEDIA LIMITED 30 Apr 2010
    07234589 JOESTAVERNS LTD 26 Apr 2010
    07233446 THE MOUNTAIN BOOT HOLDING COMPANY LIMITED 23 Apr 2010
    07230771 FALCOMBE TRADING NO. 2 LIMITED 21 Apr 2010
    07223033 MMJV LIMITED 14 Apr 2010
    07222760 GLOBAL VILLAGE PRODUCTIONS UK LIMITED 14 Apr 2010
    07221138 GATE LEISURE (CARLISLE) LIMITED 13 Apr 2010
    07216295 TEESSIDE PAIN MANAGEMENT LIMITED 08 Apr 2010
    07214833 CREDIT COLLECTIONS SPECIALISTS LIMITED 07 Apr 2010
    07235200 TAYLORED HOMES LIMITED 26 Apr 2010
    07225015 ADRIATIC LAND 1 (GR4) LIMITED 15 Apr 2010
    07223692 BEDE DEVELOPMENTS LIMITED 14 Apr 2010
    07221613 ABS ELECTRICAL SERVICES (NORTH EAST) LIMITED 13 Apr 2010
    07221328 BROMARK (NORTH EAST) LIMITED 13 Apr 2010
    07219560 LOW CARBON LAMPS LIMITED 12 Apr 2010
    07234711 FOOD GLORIOUS FOOD NORTH EAST LTD. 26 Apr 2010
    07230829 S & H CONTRACTS LIMITED 21 Apr 2010
    07226841 MALIK SIDDIQUE LTD 19 Apr 2010
    07216969 ORCHARD COUNTRY APARTMENTS LIMITED 08 Apr 2010
    07213559 PATHWAY COUNSELLING AND PSYCHOTHERAPY LIMITED 06 Apr 2010
    07212035 WRAPPED FOR YOU LTD 06 Apr 2010
    07236118 PONNAM POLY PACKS LTD 27 Apr 2010
    07235626 THE SPRING OF LIFE CHRISTIAN CENTRE LIMITED 27 Apr 2010
    07235336 LOVE WILSON & FLETCHER LTD 26 Apr 2010
    07219092 D & D BOOK-KEEPING & ACCOUNTANCY LTD 09 Apr 2010