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
New Company Registrations
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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 Tyne UK 2014 675 150,722 2013 594 134,802 % change 13.6% 11.8% Record Year 2014 (675) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2014 224 215 236 New companies in 2013 201 178 215 % change 11.4% 20.8% 9.8% Record Year 2014 (224) 2014 (215) 2007 (357)
Closed Companies (dissolved)
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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 Tyne UK 2014 371 82,370 2013 398 77,914 % change -6.8% 5.7% Record Year 2013 (398) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 107 121 143 Closed companies in 2013 188 90 120 % change -43.1% 34.4% 19% Record Year 2013 (188) 2012 (150) 2009 (218)
Net Company Growth
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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 Tyne UK 2014 304 68,352 2013 196 56,888 Record Year 2007 (391) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2014 117 94 93 Net growth in 2013 13 88 95 Record Year 2014 (117) 2014 (94) 2007 (252)
UK Company Share
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1990 (0.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.5% 0.4% 0.4% UK formation share in 2013 0.5% 0.4% 0.5% % change 4.3% 11.5% -8.4% Record Year 1990 (0.7%) 1987 (0.7%) 1990 (0.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 2.09% CONSULTING 5.22% MANAGEMENT 2.03% MANAGEMENT 4.67% EAST 1.58% CONSULTANCY 3.49% NEWCASTLE 1.49% PROPERTY 2.64% PROPERTY 1.34% TRADING 2.05% COMMUNITY 1.00% LONDON 1.88% CONSULTANCY 0.97% ENGINEERING 1.86% PROPERTIES 0.85% CARE 1.79% CONSULTING 0.85% CONSTRUCTION 1.75% CARE 0.76% DESIGN 1.75% TRADING 0.73% CONSULTANTS 1.73% TRAINING 0.67% BUSINESS 1.71% INTEREST 0.67% PROPERTIES 1.60% NE 0.64% INVESTMENTS 1.60% DESIGN 0.61% GLOBAL 1.58% TIMEC 0.61% J 1.48% S 0.61% ASSOCIATES 1.48% IT 0.58% MEDIA 1.48% J 0.58% IT 1.33% ENERGY 0.55% TRANSPORT 1.30% ENGINEERING 0.55% DEVELOPMENTS 1.29% CONSTRUCTION 0.55% BUILDING 1.24% BUSINESS 0.55% M 1.21% HOUSE 0.55% CAPITAL 1.20% LEISURE 0.52% ELECTRICAL 1.19%
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 1,225 280,210 99999 - Dormant Company 199 47,084 70229 - Management consultancy activities other than financial management 142 37,882 82990 - Other business support service activities not elsewhere classified 116 56,411 62020 - Information technology consultancy activities 115 27,750 96090 - Other service activities not elsewhere classified 106 26,700 56103 - Take-away food shops and mobile food stands 70 7,300 74909 - Other professional, scientific and technical activities not elsewhere classified 67 18,491 56101 - Licensed restaurants 57 7,965 41100 - Development of building projects 56 9,855 68320 - Management of real estate on a fee or contract basis 56 5,419 68209 - Other letting and operating of own or leased real estate 53 9,284 74990 - Non-trading company 51 14,135 86900 - Other human health activities 51 10,273 62012 - Business and domestic software development 43 9,509 96020 - Hairdressing and other beauty treatment 42 6,236 62090 - Other information technology service activities 38 12,813 69201 - Accounting and auditing activities 37 7,313 70100 - Activities of head offices 36 4,019 43999 - Other specialised construction activities not elsewhere classified 35 8,155
Recent Companies
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Randomly selected companies from this quarter
reports
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