Newcastle Upon Tyne, Tyne And Wear
2010 Annual Business Confidence Report
Headlines
- The second half of 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
- Q4 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
- November 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
- October 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous October.
- November 2010 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 1,751 companies were formed in Newcastle Upon Tyne in 2010. This total is 16.6% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Newcastle Upon Tyne UK 2010 1,751 400,358 2009 1,502 362,675 2008 1,390 349,203 2007 1,760 457,649 2006 1,392 405,440 Record Year 2007 (1,760) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
In the second half of 2010 a total of 832 companies were formed in Newcastle Upon Tyne. This figure is 9.8% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Newcastle Upon Tyne occurred in 2010 when a total of 832 were formed.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2010 832 196,609 2009 758 180,654 % change 9.8% 8.8% Record Year 2010 (832) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
A total of 398 companies were registered in Newcastle Upon Tyne during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 13.1% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Newcastle Upon Tyne UK 2010 398 95,117 2009 352 85,983 % change 13.1% 10.6% Record Year 2010 (398) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
October 2010 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous October.
New Companies by Month
October November December New companies in 2010 159 134 105 New companies in 2009 133 126 93 % change 19.5% 6.3% 12.9% Record Year 2010 (159) 2010 (134) 2003 (117)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 1,308 companies were dissolved in Newcastle Upon Tyne in 2010. This total is 27.5% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Newcastle Upon Tyne UK 2010 1,308 342,232 2009 1,805 533,773 2008 780 237,901 2007 889 220,295 2006 715 200,166 Record Year 2009 (1,805) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 661 companies were dissolved in Newcastle Upon Tyne. This figure is 15.5% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Newcastle Upon Tyne occurred in 2009 when a total of 782 were closed.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2010 661 164,601 2009 782 244,537 % change -15.5% -32.7% Record Year 2009 (782) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 301 companies were dissolved in Newcastle Upon Tyne during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 10.9% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Newcastle Upon Tyne UK 2010 301 76,896 2009 338 85,136 % change -10.9% -9.7% Record Year 2009 (338) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 113 121 67 Closed companies in 2009 126 93 119 % change -10.3% 30.1% -44% Record Year 2009 (126) 2010 (121) 2009 (119)
Net Company Growth
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Annual Data (2010)
A total of 443 companies were added to the company register for Newcastle Upon Tyne in 2010. This number represents growth of 29.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 746 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Newcastle Upon Tyne company register grew by 943 companies.
Year Newcastle Upon Tyne UK 2010 443 58,126 2009 -303 -171,098 2008 610 111,302 2007 871 237,354 2006 677 205,274 Record Year 2003 (943) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Newcastle Upon Tyne increased by 171 companies.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2010 171 32,008 2009 -24 -63,883 Record Year 2003 (431) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Newcastle Upon Tyne during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 97 companies.
fourth quarter (Oct 2010 - Dec 2010) Newcastle Upon Tyne UK 2010 97 18,221 2009 14 847 Record Year 2003 (243) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 46 13 38 Net growth in 2009 7 33 -26 Record Year 2003 (109) 2008 (66) 2003 (78)
UK Company Share
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Annual Data (2010)
In 2010 Newcastle Upon Tyne formed 0.4% of all UK companies. This is no change on 2009 when Newcastle Upon Tyne was responsible for 0.4% of all UK companies.
Year Newcastle Upon Tyne 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% 2006 0.3% Record Year (since 1960) 1961 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Newcastle Upon Tyne formed 0.4% of all UK companies. This is the same as the 2009 figure of 0.4%.
Half Year (Jul-Dec) Newcastle Upon Tyne 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% 2006 0.3% Record Year (since 1960) 1961 (1.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Newcastle Upon Tyne formed 0.4% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Newcastle Upon Tyne 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% 2006 0.3% Record Year (since 1960) 1961 (1.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.5% 0.4% 0.4% UK formation share in 2009 0.5% 0.4% 0.4% % change 4.7% -4.9% 7.4% Record Year 1961 (1.2%) 1961 (1.4%) 1961 (1.2%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.3.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 44.4.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.8.
The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Newcastle Upon Tyne was 1857 when 36.4% of all directors were female.
The percentage of female directors in Newcastle Upon Tyne in 2010 was 25.5%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Newcastle Upon Tyne was 1860 when 42.9% of all directors were female.
24.2% of all director appointments in Newcastle Upon Tyne in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Newcastle Upon Tyne was in 1977 when 31.1% of all directors were female.
26.3% of all director appointments in Newcastle Upon Tyne in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.68% CONSULTING 5.06% NORTH 1.64% MANAGEMENT 5.01% EAST 1.60% CONSULTANCY 3.14% PROPERTY 1.20% PROPERTY 2.36% COMMUNITY 1.00% TRADING 2.11% INTEREST 0.88% ASSOCIATES 1.95% EAST) 0.84% DESIGN 1.92% (NORTH 0.84% BUSINESS 1.82% CONSULTING 0.76% CONSTRUCTION 1.82% NEWCASTLE 0.76% CONSULTANTS 1.76% NORTHERN 0.76% MEDIA 1.71% DEVELOPMENTS 0.76% ENGINEERING 1.62% TRADING 0.64% LONDON 1.60% (NE) 0.64% CARE 1.45% ASSOCIATES 0.60% INVESTMENTS 1.44% ENGINEERING 0.60% GLOBAL 1.43% DESIGN 0.56% J 1.42% ELECTRICAL 0.56% IT 1.41% PROPERTIES 0.56% PROPERTIES 1.34% LEISURE 0.52% INTERNATIONAL 1.34% CONSULTANCY 0.52% BUILDING 1.34% MEDIA 0.52% M 1.30% B 0.52% ELECTRICAL 1.25% BUSINESS 0.52% SYSTEMS 1.24% ENTERPRISES 0.48% 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 782 199,572 7487 - Other business activities 200 63,348 82990 - Other business support service activities not elsewhere classified 81 27,550 99999 - Dormant Company 77 16,285 9999 - Dormant Company 63 20,144 7414 - Business & management consultancy 63 13,474 5530 - Restaurants 51 4,939 7499 - Non-trading company 47 12,000 70229 - Management consultancy activities other than financial management 46 14,505 7260 - Other computer related activities 41 8,089 9305 - Other service activities 38 8,858 62020 - Information technology consultancy activities 35 9,177 68320 - Management of real estate on a fee or contract basis 31 3,097 96090 - Other service activities not elsewhere classified 31 8,799 7222 - Other software consultancy and supply 29 7,298 62090 - Other information technology service activities 26 6,330 74990 - Non-trading company 22 8,243 68209 - Other letting and operating of own or leased real estate 22 3,755 70100 - Activities of head offices 20 2,862 4521 - General construction & civil engineering 19 6,598
Recent Companies
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Randomly selected companies from this quarter
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