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Newcastle Upon Tyne, Tyne And Wear

Q1 2012 Business Confidence Report

Headlines

  • February 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.
  • January 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous January.
  • February 2012 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous February.

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 2012)

    A total of 583 companies were registered in Newcastle Upon Tyne during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 14.5% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)Newcastle Upon TyneUK
    2012583131,491
    2011509116,391
    % change14.5%13.0%
    Record Year 2007 (631) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.

    January 2012 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 2012159192232
    New companies in 2011144163202
    % change10.4%17.8%14.9%
    Record Year2012 (159)2012 (192)2007 (357)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 369 companies were dissolved in Newcastle Upon Tyne during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 5.6% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)Newcastle Upon TyneUK
    201236967,576
    201139190,987
    % change-5.6%-25.7%
    Record Year 2011 (391) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201212315096
    Closed companies in 2011169101121
    % change-27.2%48.5%-21%
    Record Year2011 (169)2012 (150)2009 (218)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Newcastle Upon Tyne during the first quarter of 2012 (Jan 2012 - Mar 2012) was 214 companies.

    first quarter (Jan 2012 - Mar 2012)Newcastle Upon TyneUK
    201221463,915
    201111825,404
    Record Year 2007 (391) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20123642136
    Net growth in 2011-256281
    Record Year2003 (78)2007 (88)2007 (252)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Newcastle Upon Tyne formed 0.4% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Newcastle Upon Tyne
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960) 1967 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.4%0.4%0.5%
    UK formation share in 20110.4%0.4%0.5%
    % change-5.3%0.7%7.4%
    Record Year1972 (1.1%)1976 (1.1%)1960 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 43.6.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

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

    24.8% of all director appointments in Newcastle Upon Tyne in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    NORTH2.18%CONSULTING5.07%
    EAST1.86%MANAGEMENT4.74%
    MANAGEMENT1.83%CONSULTANCY3.30%
    POWERGRID1.33%PROPERTY2.37%
    NEWCASTLE1.16%TRADING2.07%
    CONSULTANCY0.95%DESIGN1.93%
    CONSULTING0.88%ENGINEERING1.86%
    PROPERTY0.84%ASSOCIATES1.84%
    DESIGN0.84%CONSULTANTS1.79%
    (NE)0.84%BUSINESS1.73%
    COMMUNITY0.60%MEDIA1.72%
    NE0.60%CONSTRUCTION1.72%
    TRAINING0.60%LONDON1.66%
    ENERGY0.56%J1.54%
    (NORTH0.56%INVESTMENTS1.51%
    PROPERTIES0.56%GLOBAL1.50%
    ENGINEERING0.56%IT1.40%
    NORTHERN0.53%CARE1.34%
    GROUP0.53%PROPERTIES1.31%
    LEISURE0.53%ELECTRICAL1.27%
    M0.49%M1.27%
    SECURITY0.49%BUILDING1.24%
    IT0.49%ENERGY1.20%
    ELECTRICAL0.49%S1.20%
    TIMEC0.49%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied894216,665
    7487 - Other business activities17752,735
    99999 - Dormant Company12625,084
    82990 - Other business support service activities not elsewhere classified9435,233
    9999 - Dormant Company7718,617
    70229 - Management consultancy activities other than financial management6119,704
    62020 - Information technology consultancy activities5414,303
    96090 - Other service activities not elsewhere classified5313,637
    5530 - Restaurants504,633
    7260 - Other computer related activities467,154
    7414 - Business & management consultancy4512,113
    9305 - Other service activities448,818
    7499 - Non-trading company419,102
    74990 - Non-trading company399,729
    86900 - Other human health activities355,066
    68320 - Management of real estate on a fee or contract basis343,448
    62090 - Other information technology service activities328,145
    74909 - Other professional, scientific and technical activities not elsewhere classified289,892
    7222 - Other software consultancy and supply256,934
    41100 - Development of building projects234,984

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07895754 TRANSMIT PROMO LIMITED 03 Jan 2012
    07912044 LOVED AND TREASURED LIMITED 17 Jan 2012
    07917924 ZECO ENERGY LIMITED 20 Jan 2012
    07918795 BRANDSBAZAAR LIMITED 23 Jan 2012
    07923538 NEPACS TRADING LIMITED 25 Jan 2012
    07923794 NEWARC (NEWCASTLE) LIMITED 25 Jan 2012
    07926706 MOTION IN MOTION ULTRA LIMITED 27 Jan 2012
    07915426 DAVLAU ENGINEERING LTD 19 Jan 2012
    07926651 RUTHERFORD LAW SERVICES LIMITED 27 Jan 2012
    07896633 MD FRUITS LTD 04 Jan 2012
    07898319 PLAYSTATION CATERING LIMITED 05 Jan 2012
    07904819 CROCODILO LIMITED 10 Jan 2012
    07911729 DIAMOND MOON LIMITED 16 Jan 2012
    07912069 CITY COSMETIC & DENTAL GROUP LIMITED 17 Jan 2012
    07919609 SC2 LTD 23 Jan 2012
    07925678 MCDONAUGH ENGINEERING LIMITED 26 Jan 2012
    07926955 PIXELAID LTD 27 Jan 2012
    07928624 THE BRUE FOUNDATION 30 Jan 2012
    07930302 REASON TO LIMITED 31 Jan 2012
    07902767 PROPS NORTH EAST 09 Jan 2012
    07903009 RIGHTCRETE LTD 09 Jan 2012
    07903265 HUTCHINSONS CASH AND CARRY LIMITED 10 Jan 2012
    07918146 MALHOTRA GROUP PLC 20 Jan 2012
    07912515 ABITAC LTD 17 Jan 2012
    07922437 NORTH EAST RUGBY LEAGUE MULTI-SKILLS LIMITED 24 Jan 2012