Newcastle Upon Tyne, Tyne And Wear

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Newcastle Upon Tyne when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
  • December 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous December.
  • November 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
  • October 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous October.
  • October 2012 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous October.
  • November 2012 saw a new record in net growth 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 (2012)

    2012 was a record year for company registrations in Newcastle Upon Tyne when compared to any year in history.

    A total of 2,136 companies were formed in Newcastle Upon Tyne in 2012. This total is 8.5% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearNewcastle Upon TyneUK
    20122,136491,893
    20111,968452,870
    20101,751400,358
    20091,502362,675
    20081,390349,203
    Record Year2012 (2,136)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.

    In the second half of 2012 a total of 1,020 companies were formed in Newcastle Upon Tyne. This figure is 5.3% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Newcastle Upon Tyne occurred in 2012 when a total of 1,020 were formed.

    Half Year (Jul-Dec)Newcastle Upon TyneUK
    20121,020238,743
    2011969224,135
    % change5.3%6.5%
    Record Year2012 (1,020)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.

    A total of 491 companies were registered in Newcastle Upon Tyne during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 9.8% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)Newcastle Upon TyneUK
    2012491119,875
    2011447109,623
    % change9.8%9.4%
    Record Year 2012 (491) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

    October 2012 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 2012189174128
    New companies in 2011167156124
    % change13.2%11.5%3.2%
    Record Year2012 (189)2012 (174)2012 (128)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 1,363 companies were dissolved in Newcastle Upon Tyne in 2012. This total is 5.5% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearNewcastle Upon TyneUK
    20121,363293,728
    20111,443314,524
    20101,308342,233
    20091,806533,787
    2008781237,873
    Record Year2009 (1,806)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 637 companies were dissolved in Newcastle Upon Tyne. This figure is 16.3% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Newcastle Upon Tyne occurred in 2009 when a total of 783 were closed.

    Half Year (Jul-Dec)Newcastle Upon TyneUK
    2012637145,934
    2011761152,213
    % change-16.3%-4.1%
    Record Year2009 (783)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 312 companies were dissolved in Newcastle Upon Tyne during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 25.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)Newcastle Upon TyneUK
    201231270,026
    201141979,983
    % change-25.5%-12.4%
    Record Year 2011 (419) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201214810757
    Closed companies in 201197173149
    % change52.6%-38.2%-62%
    Record Year2012 (148)2011 (173)2011 (149)

Net Company Growth

  1. Annual Data (2012)

    A total of 773 companies were added to the company register for Newcastle Upon Tyne in 2012. This number represents growth of 39.3% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 248 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
    2012773198,165
    2011525138,346
    201044358,125
    2009-304-171,112
    2008609111,330
    Record Year2003 (943)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Newcastle Upon Tyne increased by 383 companies.

    Half Year (Jul-Dec)Newcastle Upon TyneUK
    201238392,809
    201120871,922
    Record Year2003 (431)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Newcastle Upon Tyne during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 179 companies.

    fourth quarter (Oct 2012 - Dec 2012)Newcastle Upon TyneUK
    201217949,849
    20112829,640
    Record Year 2003 (243) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012416771
    Net growth in 201170-17-25
    Record Year2003 (109)2012 (67)2003 (78)

UK Company Share

  1. Annual Data (2012)

    In 2012 Newcastle Upon Tyne formed 0.4% of all UK companies. This is no change on 2011 when Newcastle Upon Tyne was responsible for 0.4% of all UK companies.

    YearNewcastle Upon Tyne
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960)1961 (0.7%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Newcastle Upon Tyne formed 0.4% of all UK companies. This is the same as the 2011 figure of 0.4%.

    Half Year (Jul-Dec)Newcastle Upon Tyne
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960) 1961 (1.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Newcastle Upon Tyne
    20120.4%
    20110.4%
    20100.4%
    20090.4%
    20080.4%
    Record Year (since 1960) 1961 (1.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.4%0.4%0.4%
    UK formation share in 20110.4%0.4%0.4%
    % change-4.9%6.2%0.5%
    Record Year1961 (1.2%)1961 (1.4%)1961 (1.2%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.3.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 41.6.

    The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 41.4.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Newcastle Upon Tyne was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Newcastle Upon Tyne in 2012 was 30.3%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Newcastle Upon Tyne was 1860 when 42.9% of all directors were female.

    22.9% of all director appointments in Newcastle Upon Tyne in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Newcastle Upon Tyne was in 1977 when 31.2% of all directors were female.

    24.1% of all director appointments in Newcastle Upon Tyne in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    NORTH2.15%CONSULTING5.15%
    MANAGEMENT1.95%MANAGEMENT4.78%
    EAST1.72%CONSULTANCY3.31%
    CONSULTING1.01%PROPERTY2.40%
    NEWCASTLE1.01%TRADING2.03%
    (NE)0.88%DESIGN1.86%
    PROPERTY0.88%ASSOCIATES1.82%
    ENGINEERING0.74%ENGINEERING1.79%
    CONSULTANCY0.71%BUSINESS1.76%
    CONSULTANTS0.71%CONSULTANTS1.75%
    ELECTRICAL0.67%CONSTRUCTION1.69%
    INVESTMENTS0.67%LONDON1.69%
    IT0.61%MEDIA1.69%
    DESIGN0.61%GLOBAL1.59%
    DEVELOPMENTS0.61%J1.57%
    COMMUNITY0.57%INVESTMENTS1.46%
    ASSOCIATES0.54%IT1.43%
    ONE0.54%CARE1.39%
    PROPERTIES0.50%PROPERTIES1.34%
    MEDIA0.50%M1.26%
    J0.47%BUILDING1.23%
    GROUP0.47%ENTERPRISES1.21%
    BUSINESS0.47%TRAINING1.18%
    EAST)0.47%ELECTRICAL1.17%
    CO0.44%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied983236,139
    99999 - Dormant Company21740,648
    82990 - Other business support service activities not elsewhere classified13652,427
    70229 - Management consultancy activities other than financial management10330,396
    96090 - Other service activities not elsewhere classified10022,058
    62020 - Information technology consultancy activities9723,256
    74990 - Non-trading company6013,808
    56101 - Licensed restaurants596,400
    68320 - Management of real estate on a fee or contract basis524,936
    86900 - Other human health activities477,866
    74909 - Other professional, scientific and technical activities not elsewhere classified4615,572
    62090 - Other information technology service activities4412,291
    56103 - Take-away food shops and mobile food stands395,132
    68209 - Other letting and operating of own or leased real estate366,971
    7487 - Other business activities3610,703
    41100 - Development of building projects347,980
    86210 - General medical practice activities333,960
    62012 - Business and domestic software development307,446
    68100 - Buying and selling of own real estate304,752
    43210 - Electrical installation285,304

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08279188 CARRU CONSULTING LIMITED 02 Nov 2012
    08279592 MOLE TRADING LIMITED 02 Nov 2012
    08279762 THE STANLAND GROUP LIMITED 02 Nov 2012
    08279766 CROSSCO (1298) LIMITED 02 Nov 2012
    08281042 OARE (YORKSHIRE ONE) LIMITED 05 Nov 2012
    08283559 CROSSRANGE UK LIMITED 06 Nov 2012
    08302361 HARTLEPOOL CARE PROPERTIES LIMITED 21 Nov 2012
    08306724 ALPINE ADVERTISING LTD 26 Nov 2012
    08306943 RTM NORTH EAST LIMITED 26 Nov 2012
    08310321 6 & 8 BEACON HILL ROAD RTM COMPANY LIMITED 28 Nov 2012
    08314355 LOGICMASS LTD 30 Nov 2012
    08277499 EC EYECARE LTD 01 Nov 2012
    08289222 AMMONITE DESIGN STUDIOS LTD 12 Nov 2012
    08289720 EXTRACTECH ONE LIMITED 12 Nov 2012
    08290012 LOGICAL BRIDGE LTD 12 Nov 2012
    08302129 SHAREMYJOBS LTD 21 Nov 2012
    08285198 AFE CLOTHING LIMITED 07 Nov 2012
    08285706 THE FOOD BOUTIQUE LTD 08 Nov 2012
    08300694 THE MOTOR COMPANY NE LIMITED 20 Nov 2012
    08279350 SYSTEM SUPPLIES LIMITED 02 Nov 2012
    08285082 TOTAL DRILLING SUPPLY LIMITED 07 Nov 2012
    08285347 ONE NATION OF EXCELLENCE LTD 07 Nov 2012
    08286871 AVENTURIER LIMITED 08 Nov 2012
    08289928 M4 ROY PROPERTIES LIMITED 12 Nov 2012
    08288012 T TAXIS LTD 09 Nov 2012