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
    08892787 PARISA INDIAN RESTAURANT LTD 13 Feb 2014
    08893076 AL-RASHID GRILL LTD 13 Feb 2014
    08894215 TARGET NORTHERN LIMITED 13 Feb 2014
    08896375 COVERT OPS SPY GAMES LTD 14 Feb 2014
    08897502 SJR MEDIA LIMITED 17 Feb 2014
    08897617 NC TECH INSIGHT LTD 17 Feb 2014
    08904536 RANGERS FIRST LTD 20 Feb 2014
    08909549 JALUMINATI LIMITED 25 Feb 2014
    08915436 STEM CELL NE LTD 27 Feb 2014
    08916158 LITTLE LAM NEWCASTLE LIMITED 28 Feb 2014
    08877698 SEAHAM COSTUMES LTD 05 Feb 2014
    08902813 TAYLORED PROPERTY NE11 LIMITED 19 Feb 2014
    08905344 BEDAZZLE LTD 20 Feb 2014
    08915359 GRITSTONE PROJECT MANAGEMENT LIMITED 27 Feb 2014
    08904396 NORTH EAST SOCIAL INVESTMENT COMMUNITY INTEREST COMPANY 20 Feb 2014
    08908645 JAMES HEADS ENGINEERING LIMITED 24 Feb 2014
    08915891 JEG INSTALLATIONS LIMITED 27 Feb 2014
    08877406 RYAAN LIMITED 05 Feb 2014
    08879277 SARAF ACCESSORIES LTD 06 Feb 2014
    08881458 TYRIE EXTRACTION LTD 07 Feb 2014
    08881761 BRIGHT SERVICES UNITED LTD 07 Feb 2014
    08888473 HINDSIGHT TAX CONSULTANTS LTD 12 Feb 2014
    08900070 TOON TAKEAWAY LTD 18 Feb 2014
    08900194 AMANA BUSINESS LTD 18 Feb 2014
    08901960 NORTH EAST HALAL FOODSTORE LTD 19 Feb 2014