Newcastle Upon Tyne, Tyne And Wear
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Newcastle Upon Tyne when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
- December 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous December.
- November 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
- October 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous October.
- Q4 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous Q4.
- December 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous December.
- November 2011 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 (2011)
2011 was a record year for company registrations in Newcastle Upon Tyne when compared to any year in history.
A total of 1,968 companies were formed in Newcastle Upon Tyne in 2011. This total is 12.4% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Newcastle Upon Tyne UK 2011 1,968 452,870 2010 1,751 400,358 2009 1,502 362,675 2008 1,390 349,203 2007 1,760 457,649 Record Year 2011 (1,968) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
In the second half of 2011 a total of 969 companies were formed in Newcastle Upon Tyne. This figure is 16.5% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Newcastle Upon Tyne occurred in 2011 when a total of 969 were formed.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2011 969 224,135 2010 832 196,609 % change 16.5% 14.0% Record Year 2011 (969) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
A total of 447 companies were registered in Newcastle Upon Tyne during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 12.3% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Newcastle Upon Tyne UK 2011 447 109,623 2010 398 95,117 % change 12.3% 15.3% Record Year 2011 (447) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous December.
November 2011 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
October 2011 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 2011 167 156 124 New companies in 2010 159 134 105 % change 5.0% 16.4% 18.1% Record Year 2011 (167) 2011 (156) 2011 (124)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 1,442 companies were dissolved in Newcastle Upon Tyne in 2011. This total is 10.2% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Newcastle Upon Tyne UK 2011 1,442 314,523 2010 1,308 342,232 2009 1,805 533,773 2008 780 237,901 2007 889 220,295 Record Year 2009 (1,805) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 761 companies were dissolved in Newcastle Upon Tyne. This figure is 15.1% higher than last year, which compares badly to the UK wide change of -7.5%.
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 2011 761 152,213 2010 661 164,601 % change 15.1% -7.5% Record Year 2009 (782) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous Q4.
A total of 420 companies were dissolved in Newcastle Upon Tyne during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 39.5% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Newcastle Upon Tyne UK 2011 420 79,983 2010 301 76,896 % change 39.5% 4.0% Record Year 2011 (420) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous December.
November 2011 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 2011 97 174 149 Closed companies in 2010 113 121 67 % change -14.2% 43.8% 122% Record Year 2009 (126) 2011 (174) 2011 (149)
Net Company Growth
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Annual Data (2011)
A total of 526 companies were added to the company register for Newcastle Upon Tyne in 2011. This number represents growth of 30.0% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 83 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 2011 526 138,347 2010 443 58,126 2009 -303 -171,098 2008 610 111,302 2007 871 237,354 Record Year 2003 (943) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Newcastle Upon Tyne increased by 208 companies.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2011 208 71,922 2010 171 32,008 Record Year 2003 (431) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Newcastle Upon Tyne during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 27 companies.
fourth quarter (Oct 2011 - Dec 2011) Newcastle Upon Tyne UK 2011 27 29,640 2010 97 18,221 Record Year 2003 (243) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 70 -18 -25 Net growth in 2010 46 13 38 Record Year 2003 (109) 2008 (66) 2003 (78)
UK Company Share
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Annual Data (2011)
In 2011 Newcastle Upon Tyne formed 0.4% of all UK companies. This is no change on 2010 when Newcastle Upon Tyne was responsible for 0.4% of all UK companies.
Year Newcastle Upon Tyne 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% Record Year (since 1960) 1961 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Newcastle Upon Tyne formed 0.4% of all UK companies. This is the same as the 2010 figure of 0.4%.
Half Year (Jul-Dec) Newcastle Upon Tyne 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% Record Year (since 1960) 1961 (1.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Newcastle Upon Tyne formed 0.4% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Newcastle Upon Tyne 2011 0.4% 2010 0.4% 2009 0.4% 2008 0.4% 2007 0.4% Record Year (since 1960) 1961 (1.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.4% 0.4% 0.4% UK formation share in 2010 0.5% 0.4% 0.4% % change -8.7% -0.8% 4.7% Record Year 1961 (1.2%) 1961 (1.4%) 1961 (1.2%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 43.6.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 42.6.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 41.8.
The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 27.2%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Newcastle Upon Tyne was 1860 when 42.9% of all directors were female.
20.8% of all director appointments in Newcastle Upon Tyne in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Newcastle Upon Tyne was in 1977 when 31.1% of all directors were female.
21.4% of all director appointments in Newcastle Upon Tyne in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 2.08% CONSULTING 5.07% EAST 1.72% MANAGEMENT 4.74% MANAGEMENT 1.68% CONSULTANCY 3.26% POWERGRID 1.39% PROPERTY 2.37% NEWCASTLE 1.31% TRADING 2.07% CONSULTING 1.21% DESIGN 1.92% PROPERTY 0.95% ASSOCIATES 1.86% CONSULTANCY 0.88% ENGINEERING 1.78% DESIGN 0.84% BUSINESS 1.78% NE 0.80% CONSULTANTS 1.76% NORTHERN 0.77% CONSTRUCTION 1.73% (NE) 0.77% MEDIA 1.71% COMMUNITY 0.73% LONDON 1.63% TRAINING 0.69% J 1.51% (NORTH 0.62% INVESTMENTS 1.48% ENERGY 0.62% GLOBAL 1.46% SECURITY 0.58% IT 1.41% PROPERTIES 0.55% CARE 1.39% ELECTRICAL 0.55% PROPERTIES 1.29% LEISURE 0.51% ELECTRICAL 1.29% MARKETING 0.51% M 1.27% DEVELOPMENT 0.51% BUILDING 1.26% EAST) 0.51% ENERGY 1.25% BUILDING 0.51% S 1.20% GROUP 0.51% ENTERPRISES 1.20%
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 838 205,525 7487 - Other business activities 190 57,052 99999 - Dormant Company 115 21,846 82990 - Other business support service activities not elsewhere classified 93 32,483 9999 - Dormant Company 82 20,199 70229 - Management consultancy activities other than financial management 58 17,765 5530 - Restaurants 52 5,013 7414 - Business & management consultancy 49 13,034 7260 - Other computer related activities 49 7,667 9305 - Other service activities 48 9,492 62020 - Information technology consultancy activities 45 12,072 96090 - Other service activities not elsewhere classified 45 11,768 7499 - Non-trading company 43 9,957 68320 - Management of real estate on a fee or contract basis 32 3,194 74990 - Non-trading company 32 8,929 86900 - Other human health activities 31 4,457 7222 - Other software consultancy and supply 27 7,398 62090 - Other information technology service activities 26 7,493 74909 - Other professional, scientific and technical activities not elsewhere classified 26 8,671 7032 - Manage real estate, fee or contract 22 2,198
Recent Companies
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Randomly selected companies from this quarter
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