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
    08836524 SOCIAL ENGINE FINANCE C.I.C. 08 Jan 2014
    08840115 SSL SYSTEMS LIMITED 10 Jan 2014
    08847021 THE NEWCASTLE ACADEMY LIMITED 15 Jan 2014
    08850209 BEN BURGESS NORWICH LIMITED 17 Jan 2014
    08851814 THE VINTAGE SALON LTD 20 Jan 2014
    08855346 ZONAT LIMITED 21 Jan 2014
    08866847 WHITE KNIGHT PROPERTY DEVELOPMENT LTD 29 Jan 2014
    08871191 PLUM FLOWER NICE MAN LIMITED 31 Jan 2014
    08835038 NORTH EAST GROUND WORKS LTD 07 Jan 2014
    08837111 SAXET LTD 08 Jan 2014
    08837447 FALE NO.2 LIMITED 08 Jan 2014
    08837599 NO MORE SHINES LIMITED 09 Jan 2014
    08842761 BARRON ASBESTOS REMOVAL LTD 13 Jan 2014
    08851833 C. DONALD APPS LIMITED 20 Jan 2014
    08853421 UK GROUND RENT ESTATES (5) LIMITED 20 Jan 2014
    08854894 NEWCASTLE GENERAL PRACTICE SERVICES LTD 21 Jan 2014
    08862305 CRODGE INDUSTRIES LTD 27 Jan 2014
    08864420 FASTRACK FLOORING (2014) DEKOFLAKE LTD 28 Jan 2014
    08871586 MUIR & CO LIMITED 31 Jan 2014
    08837092 NBONAR LTD 08 Jan 2014
    08850901 TENERIFE SPORTS HOLIDAYS LTD 17 Jan 2014
    08855602 YOUR ONLINE ESTATE AGENT LIMITED 22 Jan 2014
    08857098 POPOLO UK LIMITED 22 Jan 2014
    08859381 THE SHAWSHANK FOUNDATION LIMITED 23 Jan 2014
    08861936 FRASER PURVIS ELECTRICAL LTD 27 Jan 2014