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
New Company Registrations
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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 Tyne UK 2010 919 203,749 2009 744 182,021 % change 23.5% 11.9% Record Year 2007 (1,032) 2007 (279,097) New Companies by Half Year
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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 Tyne UK 2010 457 98,612 2009 390 90,987 % change 17.2% 8.4% Record Year 2010 (457) 2007 (112,283) New Companies by Quarter
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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
April May June New companies in 2010 162 144 151 New companies in 2009 139 131 120 % change 16.5% 9.9% 25.8% Record Year 2010 (162) 2010 (144) 2000 (175)
Closed Companies (dissolved)
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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 Tyne UK 2010 647 177,631 2009 1,023 289,236 % change -36.8% -38.6% Record Year 2009 (1,023) 2009 (289,236) Dissolved Companies by Half Year
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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 Tyne UK 2010 336 94,954 2009 654 181,176 % change -48.6% -47.6% Record Year 2009 (654) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 98 104 134 Closed companies in 2009 179 270 205 % change -45.3% -61.5% -35% Record Year 2009 (179) 2009 (270) 2009 (205)
Net Company Growth
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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 Tyne UK 2010 272 26,118 2009 -279 -107,215 Record Year 2007 (579) 2007 (171,296) Net Growth by Half Year
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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 Tyne UK 2010 121 3,658 2009 -264 -90,189 Record Year 2003 (274) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 64 40 17 Net growth in 2009 -40 -139 -85 Record Year 2005 (102) 2003 (100) 2008 (98)
UK Company Share
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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 2010 0.5% 2009 0.4% 2008 0.4% 2007 0.4% 2006 0.4% Record Year (since 1960) 1963 (0.9%) Company Share by Half Year
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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 2010 0.5% 2009 0.4% 2008 0.4% 2007 0.4% 2006 0.4% Record Year (since 1960) 1963 (1.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.5% 0.5% 0.4% UK formation share in 2009 0.5% 0.5% 0.4% % change 7.2% 4.8% 13.2% Record Year 1967 (1.3%) 1962 (1.4%) 1963 (1.6%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 2.04% MANAGEMENT 5.01% EAST 1.84% CONSULTING 4.79% MANAGEMENT 1.35% CONSULTANCY 3.02% PROPERTY 0.98% PROPERTY 2.40% CONSULTING 0.94% ASSOCIATES 2.02% COMMUNITY 0.78% TRADING 2.01% ENGINEERING 0.73% DESIGN 1.91% DEVELOPMENTS 0.69% CONSTRUCTION 1.85% (NE) 0.69% MEDIA 1.80% INTEREST 0.69% BUSINESS 1.75% ASSOCIATES 0.69% CONSULTANTS 1.71% CONSULTANCY 0.65% INTERNATIONAL 1.59% PROPERTIES 0.61% ENGINEERING 1.56% (NEWCASTLE) 0.57% LONDON 1.52% (NORTH 0.57% INVESTMENTS 1.49% J 0.57% J 1.46% EAST) 0.57% CARE 1.41% MEDIA 0.53% GLOBAL 1.39% TIMEC 0.53% PROPERTIES 1.35% CONSTRUCTION 0.49% BUILDING 1.33% NORTHERN 0.49% M 1.29% NEWCASTLE 0.49% IT 1.28% DESIGN 0.49% ELECTRICAL 1.27% GROUP 0.49% GROUP 1.25% BUILDING 0.45% DEVELOPMENTS 1.25%
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 831 207,125 7487 - Other business activities 202 68,525 82990 - Other business support service activities not elsewhere classified 73 25,942 7414 - Business & management consultancy 65 14,598 99999 - Dormant Company 60 14,342 9999 - Dormant Company 51 19,842 7499 - Non-trading company 45 13,997 5530 - Restaurants 43 4,879 70229 - Management consultancy activities other than financial management 41 13,490 7260 - Other computer related activities 41 9,122 68320 - Management of real estate on a fee or contract basis 39 3,070 62020 - Information technology consultancy activities 36 8,590 9305 - Other service activities 33 8,822 7222 - Other software consultancy and supply 32 8,285 4521 - General construction & civil engineering 28 8,262 96090 - Other service activities not elsewhere classified 27 7,922 7011 - Development & sell real estate 25 4,579 62090 - Other information technology service activities 25 5,854 68209 - Other letting and operating of own or leased real estate 24 3,834 74990 - Non-trading company 20 7,893
Recent Companies
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Randomly selected companies from this quarter
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