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Newcastle Upon Tyne, Tyne And Wear

Q1 2011 Business Confidence Report

Headlines

  • February 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.
  • January 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous January.
  • Q1 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous Q1.
  • February 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous February.
  • January 2011 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 2011)

    A total of 509 companies were registered in Newcastle Upon Tyne during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 10.2% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)Newcastle Upon TyneUK
    2011509116,391
    2010462105,137
    % change10.2%10.7%
    Record Year 2007 (631) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.

    January 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011144163202
    New companies in 2010112145205
    % change28.6%12.4%-1.5%
    Record Year2011 (144)2011 (163)2007 (357)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous Q1.

    A total of 390 companies were dissolved in Newcastle Upon Tyne during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 25.4% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)Newcastle Upon TyneUK
    201139090,986
    201031182,677
    % change25.4%10.0%
    Record Year 2011 (390) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous February.

    January 2011 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 2011169100121
    Closed companies in 20109886127
    % change72.4%16.3%-5%
    Record Year2011 (169)2011 (100)2009 (218)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Newcastle Upon Tyne during the first quarter of 2011 (Jan 2011 - Mar 2011) was 119 companies.

    first quarter (Jan 2011 - Mar 2011)Newcastle Upon TyneUK
    201111925,405
    201015122,460
    Record Year 2007 (391) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-256381
    Net growth in 2010145978
    Record Year2003 (78)2007 (88)2007 (252)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Newcastle Upon Tyne formed 0.4% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Newcastle Upon Tyne
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    20070.4%
    Record Year (since 1960) 1967 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.4%0.4%0.5%
    UK formation share in 20100.4%0.4%0.5%
    % change10.9%-1.1%-6.0%
    Record Year1972 (1.1%)1976 (1.1%)1960 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 45.0.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    22.5% of all director appointments in Newcastle Upon Tyne in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.98%CONSULTING5.04%
    NORTH1.78%MANAGEMENT4.97%
    EAST1.66%CONSULTANCY3.16%
    PROPERTY1.11%PROPERTY2.38%
    COMMUNITY1.03%TRADING2.10%
    NEWCASTLE0.99%DESIGN1.93%
    NORTHERN0.95%ASSOCIATES1.92%
    CONSULTING0.95%BUSINESS1.87%
    EAST)0.83%CONSTRUCTION1.80%
    (NORTH0.83%CONSULTANTS1.76%
    INTEREST0.79%MEDIA1.69%
    (NE)0.67%ENGINEERING1.61%
    DESIGN0.67%LONDON1.60%
    TRADING0.63%CARE1.45%
    DEVELOPMENTS0.63%J1.45%
    BUSINESS0.63%GLOBAL1.44%
    MARKETING0.59%INVESTMENTS1.43%
    B0.59%IT1.41%
    ELECTRICAL0.59%PROPERTIES1.36%
    ENERGY0.59%BUILDING1.34%
    CONSTRUCTION0.59%M1.30%
    DEVELOPMENT0.59%ELECTRICAL1.28%
    STREET0.55%S1.24%
    CONSULTANCY0.55%INTERNATIONAL1.23%
    LEISURE0.55%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied800202,798
    7487 - Other business activities20060,968
    82990 - Other business support service activities not elsewhere classified8430,253
    99999 - Dormant Company8418,336
    9999 - Dormant Company6419,765
    7414 - Business & management consultancy6112,916
    70229 - Management consultancy activities other than financial management5716,150
    5530 - Restaurants494,898
    62020 - Information technology consultancy activities4610,246
    96090 - Other service activities not elsewhere classified4410,085
    7260 - Other computer related activities437,789
    7499 - Non-trading company4111,316
    9305 - Other service activities398,740
    74990 - Non-trading company318,695
    68320 - Management of real estate on a fee or contract basis303,220
    62090 - Other information technology service activities296,996
    7222 - Other software consultancy and supply287,000
    86900 - Other human health activities224,092
    70100 - Activities of head offices212,849
    68209 - Other letting and operating of own or leased real estate213,895

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07540783 QUAYSPICE LTD 23 Feb 2011
    07536002 Y & K LIMITED 21 Feb 2011
    07531912 MEI PING LTD 16 Feb 2011
    07531514 AP AMBITION LTD 16 Feb 2011
    07529790 OUTFLOW MANAGEMENT SYSTEMS LIMITED 15 Feb 2011
    07527711 L & Q LTD 14 Feb 2011
    07526724 CRUTES SERVICES LIMITED 11 Feb 2011
    07519902 INFRASTRUCTURE NORTH LIMITED 07 Feb 2011
    07517357 ORANGE BUS DIGITAL MARKETING LIMITED 04 Feb 2011
    07516884 COMES A BRIGHT DAY LIMITED 03 Feb 2011
    07516731 BOND DICKINSON SERVICE COMPANY LIMITED 03 Feb 2011
    07516452 PIKKU HAIR LTD. 03 Feb 2011
    07514126 IUCONSULT LTD 02 Feb 2011
    07511982 PR TRAINING ASSOCIATES LIMITED 01 Feb 2011
    07511790 XL GRADUATE PLACEMENT LIMITED 01 Feb 2011
    07544728 EQUITABLE (GROUP) LIMITED 28 Feb 2011
    07527516 CREATIVE NORTH EAST LTD 14 Feb 2011
    OC362083 SQUARE ONE LAW LLP 22 Feb 2011
    07541559 FUTURE DYNAMIX LIMITED 24 Feb 2011
    07529958 ADVENTURES LAND TOURS LTD 15 Feb 2011
    07531360 CRE8 SUSTAINABLE LIMITED 16 Feb 2011
    07514220 EDDY-MUSIC LTD 02 Feb 2011
    07512517 IRD MARKETING CONSULTANCY LTD 01 Feb 2011
    OC361439 HARTFORD 3 LLP 01 Feb 2011
    OC362206 BK SCOTSWOOD LLP 25 Feb 2011