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

  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. 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.

    YearNewcastle Upon TyneUK
    20101,751400,358
    20091,502362,675
    20081,390349,203
    20071,760457,649
    20061,392405,440
    Record Year2007 (1,760)2007 (457,649)
    New Companies by Year
  2. 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 TyneUK
    2010832196,609
    2009758180,654
    % change9.8%8.8%
    Record Year2010 (832)2003 (201,446)
    New Companies by Half Year
  3. 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 TyneUK
    201039895,117
    200935285,983
    % change13.1%10.6%
    Record Year 2010 (398) 2010 (95,117)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2010159134105
    New companies in 200913312693
    % change19.5%6.3%12.9%
    Record Year2010 (159)2010 (134)2003 (117)

Closed Companies (dissolved)

  1. 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.

    YearNewcastle Upon TyneUK
    20101,308342,232
    20091,805533,773
    2008780237,901
    2007889220,295
    2006715200,166
    Record Year2009 (1,805)2009 (533,773)
    Dissolved Companies by Year
  2. 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 TyneUK
    2010661164,601
    2009782244,537
    % change-15.5%-32.7%
    Record Year2009 (782)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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 TyneUK
    201030176,896
    200933885,136
    % change-10.9%-9.7%
    Record Year 2009 (338) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 201011312167
    Closed companies in 200912693119
    % change-10.3%30.1%-44%
    Record Year2009 (126)2010 (121)2009 (119)

Net Company Growth

  1. 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.

    YearNewcastle Upon TyneUK
    201044358,126
    2009-303-171,098
    2008610111,302
    2007871237,354
    2006677205,274
    Record Year2003 (943)2003 (242,543)
    Net Growth by Year
  2. 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 TyneUK
    201017132,008
    2009-24-63,883
    Record Year2003 (431)2003 (117,772)
    Net Growth by Half Year
  3. 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 TyneUK
    20109718,221
    200914847
    Record Year 2003 (243) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010461338
    Net growth in 2009733-26
    Record Year2003 (109)2008 (66)2003 (78)

UK Company Share

  1. 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.

    YearNewcastle Upon Tyne
    20100.4%
    20090.4%
    20080.4%
    20070.4%
    20060.3%
    Record Year (since 1960)1961 (0.7%)
    Company Share by Year
  2. 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
    20100.4%
    20090.4%
    20080.4%
    20070.4%
    20060.3%
    Record Year (since 1960) 1961 (1.1%)
    Company Share by Half Year
  3. 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
    20100.4%
    20090.4%
    20080.4%
    20070.4%
    20060.3%
    Record Year (since 1960) 1961 (1.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.5%0.4%0.4%
    UK formation share in 20090.5%0.4%0.4%
    % change4.7%-4.9%7.4%
    Record Year1961 (1.2%)1961 (1.4%)1961 (1.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.68%CONSULTING5.06%
    NORTH1.64%MANAGEMENT5.01%
    EAST1.60%CONSULTANCY3.14%
    PROPERTY1.20%PROPERTY2.36%
    COMMUNITY1.00%TRADING2.11%
    INTEREST0.88%ASSOCIATES1.95%
    EAST)0.84%DESIGN1.92%
    (NORTH0.84%BUSINESS1.82%
    CONSULTING0.76%CONSTRUCTION1.82%
    NEWCASTLE0.76%CONSULTANTS1.76%
    NORTHERN0.76%MEDIA1.71%
    DEVELOPMENTS0.76%ENGINEERING1.62%
    TRADING0.64%LONDON1.60%
    (NE)0.64%CARE1.45%
    ASSOCIATES0.60%INVESTMENTS1.44%
    ENGINEERING0.60%GLOBAL1.43%
    DESIGN0.56%J1.42%
    ELECTRICAL0.56%IT1.41%
    PROPERTIES0.56%PROPERTIES1.34%
    LEISURE0.52%INTERNATIONAL1.34%
    CONSULTANCY0.52%BUILDING1.34%
    MEDIA0.52%M1.30%
    B0.52%ELECTRICAL1.25%
    BUSINESS0.52%SYSTEMS1.24%
    ENTERPRISES0.48%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied782199,572
    7487 - Other business activities20063,348
    82990 - Other business support service activities not elsewhere classified8127,550
    99999 - Dormant Company7716,285
    9999 - Dormant Company6320,144
    7414 - Business & management consultancy6313,474
    5530 - Restaurants514,939
    7499 - Non-trading company4712,000
    70229 - Management consultancy activities other than financial management4614,505
    7260 - Other computer related activities418,089
    9305 - Other service activities388,858
    62020 - Information technology consultancy activities359,177
    68320 - Management of real estate on a fee or contract basis313,097
    96090 - Other service activities not elsewhere classified318,799
    7222 - Other software consultancy and supply297,298
    62090 - Other information technology service activities266,330
    74990 - Non-trading company228,243
    68209 - Other letting and operating of own or leased real estate223,755
    70100 - Activities of head offices202,862
    4521 - General construction & civil engineering196,598

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07410379 CHECK MY TAX CODE LIMITED 18 Oct 2010
    07410292 ONLINE UNIFIED LIMITED 18 Oct 2010
    07408351 SHARON LANGRIDGE LIMITED 15 Oct 2010
    07408053 BRUNTON NURSERY LIMITED 14 Oct 2010
    07407159 LATIF CORPORATION LTD 14 Oct 2010
    07406112 RETRO BAR AND RESTAURANT LIMITED 13 Oct 2010
    OC359032 WH 2013 LLP 26 Oct 2010
    07412401 CURRENCYFAIR LIMITED 19 Oct 2010
    07401117 RIDLEY ESTATES (WARK) LIMITED 08 Oct 2010
    07421049 KLIER SOLUTIONS LTD 27 Oct 2010
    07408059 CLEANSIX LIMITED 14 Oct 2010
    07395984 GRUNDY & NAISBITT LIMITED 04 Oct 2010
    07395888 VARELA ENTERPRISES LIMITED 04 Oct 2010
    OC358615 KSC UTILITIES LLP 12 Oct 2010
    07420461 OCTOPUS CORPORATION LIMITED 27 Oct 2010
    07402895 DIVINE ASSOCIATE LIMITED 11 Oct 2010
    07398642 CROWTHER ELECTRICAL ENGINEERING LIMITED 06 Oct 2010
    07422959 ECO FACILITIES SOLUTIONS LIMITED 29 Oct 2010
    07419360 ME DESIGN SERVICE LTD 26 Oct 2010
    07407599 BIKES-N-CO LIMITED 14 Oct 2010
    07420007 TAK KUEN LTD 27 Oct 2010
    07413723 NEWCASTLE WOMENS AID 20 Oct 2010
    07409387 RECYKE Y'BIKE TRADING COMMUNITY INTEREST COMPANY 15 Oct 2010
    07402601 CROWNFIELDS DEVELOPER UK LTD 11 Oct 2010
    07401039 HEATON TAKEAWAY LTD 08 Oct 2010