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Newcastle Upon Tyne, Tyne And Wear

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Newcastle Upon Tyne when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.
  • January 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous January.
  • February 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous February.
  • January 2014 saw a new record in net growth 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 2014)

    Q1 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Newcastle Upon Tyne when compared to any quarter in history.

    A total of 675 companies were registered in Newcastle Upon Tyne during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 13.6% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Newcastle Upon TyneUK
    2014675150,722
    2013594134,802
    % change13.6%11.8%
    Record Year 2014 (675) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous February.

    January 2014 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 2014224215236
    New companies in 2013201178215
    % change11.4%20.8%9.8%
    Record Year2014 (224)2014 (215)2007 (357)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 371 companies were dissolved in Newcastle Upon Tyne during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 6.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Newcastle Upon TyneUK
    201437182,370
    201339877,914
    % change-6.8%5.7%
    Record Year 2013 (398) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014107121143
    Closed companies in 201318890120
    % change-43.1%34.4%19%
    Record Year2013 (188)2012 (150)2009 (218)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Newcastle Upon Tyne during the first quarter of 2014 (Jan 2014 - Mar 2014) was 304 companies.

    first quarter (Jan 2014 - Mar 2014)Newcastle Upon TyneUK
    201430468,352
    201319656,888
    Record Year 2007 (391) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous February.

    January 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20141179493
    Net growth in 2013138895
    Record Year2014 (117)2014 (94)2007 (252)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Newcastle Upon Tyne formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Newcastle Upon Tyne
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1990 (0.7%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.5%0.4%0.4%
    UK formation share in 20130.5%0.4%0.5%
    % change4.3%11.5%-8.4%
    Record Year1990 (0.7%)1987 (0.7%)1990 (0.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 45.5.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.6%.

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

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Newcastle Upon Tyne was in 2005 when 29.7% of all directors were female.

    22.3% of all director appointments in Newcastle Upon Tyne in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    NORTH2.09%CONSULTING5.22%
    MANAGEMENT2.03%MANAGEMENT4.67%
    EAST1.58%CONSULTANCY3.49%
    NEWCASTLE1.49%PROPERTY2.64%
    PROPERTY1.34%TRADING2.05%
    COMMUNITY1.00%LONDON1.88%
    CONSULTANCY0.97%ENGINEERING1.86%
    PROPERTIES0.85%CARE1.79%
    CONSULTING0.85%CONSTRUCTION1.75%
    CARE0.76%DESIGN1.75%
    TRADING0.73%CONSULTANTS1.73%
    TRAINING0.67%BUSINESS1.71%
    INTEREST0.67%PROPERTIES1.60%
    NE0.64%INVESTMENTS1.60%
    DESIGN0.61%GLOBAL1.58%
    TIMEC0.61%J1.48%
    S0.61%ASSOCIATES1.48%
    IT0.58%MEDIA1.48%
    J0.58%IT1.33%
    ENERGY0.55%TRANSPORT1.30%
    ENGINEERING0.55%DEVELOPMENTS1.29%
    CONSTRUCTION0.55%BUILDING1.24%
    BUSINESS0.55%M1.21%
    HOUSE0.55%CAPITAL1.20%
    LEISURE0.52%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,225280,210
    99999 - Dormant Company19947,084
    70229 - Management consultancy activities other than financial management14237,882
    82990 - Other business support service activities not elsewhere classified11656,411
    62020 - Information technology consultancy activities11527,750
    96090 - Other service activities not elsewhere classified10626,700
    56103 - Take-away food shops and mobile food stands707,300
    74909 - Other professional, scientific and technical activities not elsewhere classified6718,491
    56101 - Licensed restaurants577,965
    41100 - Development of building projects569,855
    68320 - Management of real estate on a fee or contract basis565,419
    68209 - Other letting and operating of own or leased real estate539,284
    74990 - Non-trading company5114,135
    86900 - Other human health activities5110,273
    62012 - Business and domestic software development439,509
    96020 - Hairdressing and other beauty treatment426,236
    62090 - Other information technology service activities3812,813
    69201 - Accounting and auditing activities377,313
    70100 - Activities of head offices364,019
    43999 - Other specialised construction activities not elsewhere classified358,155

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08930547 OKTAL TRADING LTD 10 Mar 2014
    08933141 SENYX LTD 11 Mar 2014
    08934676 TMH ASSOCIATES LTD 12 Mar 2014
    08939237 TAILORED PROPERTIES (NE) LIMITED 14 Mar 2014
    08943444 DE MOWBRAY HOUSE FREEHOLD LIMITED 17 Mar 2014
    08948203 RAILTOURGUIDE GLOBAL LIMITED 19 Mar 2014
    08951291 J MAZURKIEWICZ LTD 20 Mar 2014
    08958796 NV2 CP LIMITED 25 Mar 2014
    08958809 NV2 NOMINEE LIMITED 25 Mar 2014
    OC392261 NVM PRIVATE EQUITY LLP 27 Mar 2014
    08923262 SPEEDFLEX (YORK) LIMITED 05 Mar 2014
    08931149 BOBSLEIGH INVESTMENTS LIMITED 10 Mar 2014
    08933796 BK COMMUNITY SUPPORT COMMUNITY INTEREST COMPANY 11 Mar 2014
    08940197 DIVA WHICKHAM LTD 14 Mar 2014
    08945128 AKENSIDE MANAGEMENT LTD 18 Mar 2014
    08945337 EMPTY FRIDGE LIMITED 18 Mar 2014
    08953021 BINGO BONUS BALL LTD 21 Mar 2014
    08953105 E-LAN NEWCASTLE LTD 21 Mar 2014
    08961706 B. B. WEBSITES LIMITED 27 Mar 2014
    08966790 KINGSTON INVESTIGATIONS LTD 31 Mar 2014
    08929623 SHWOPZ LTD 10 Mar 2014
    08930160 FUNKY DUCK LTD. 10 Mar 2014
    08960342 UTOPIA CAPITAL LIMITED 26 Mar 2014
    08961786 KINDRED UK PROBATE RESEARCH LIMITED 27 Mar 2014
    08967813 PIPPA NE LTD 31 Mar 2014

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