Newcastle Upon Tyne, Tyne And Wear

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Newcastle Upon Tyne when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q2.
  • June 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous June.
  • April 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Newcastle Upon Tyne when compared to any half year in history.

    In the first half of 2014 a total of 1,274 companies were formed in Newcastle Upon Tyne. This figure is 7.8% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Newcastle Upon Tyne occurred in 2014 when a total of 1,274 were formed.

    Half Year (Jan-Jun)Newcastle Upon TyneUK
    20141,274300,731
    20131,182269,432
    % change7.8%11.6%
    Record Year2014 (1,274)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q2.

    A total of 599 companies were registered in Newcastle Upon Tyne during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 1.9% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Newcastle Upon TyneUK
    2014599150,009
    2013588134,630
    % change1.9%11.4%
    Record Year 2014 (599) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    New Companies by Month
    AprilMayJune
    New companies in 2014209179211
    New companies in 2013224181183
    % change-6.7%-1.1%15.3%
    Record Year2013 (224)2012 (183)2014 (211)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 761 companies were dissolved in Newcastle Upon Tyne. This figure is 0.5% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Newcastle Upon Tyne occurred in 2009 when a total of 1,023 were closed.

    Half Year (Jan-Jun)Newcastle Upon TyneUK
    2014761177,207
    2013757155,192
    % change0.5%14.2%
    Record Year2009 (1,023)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 390 companies were dissolved in Newcastle Upon Tyne during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 8.6% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Newcastle Upon TyneUK
    201439094,837
    201335977,278
    % change8.6%22.7%
    Record Year 2009 (654) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201491179120
    Closed companies in 2013119114126
    % change-23.5%57.0%-5%
    Record Year2009 (179)2009 (270)2009 (205)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Newcastle Upon Tyne increased by 513 companies.

    Half Year (Jan-Jun)Newcastle Upon TyneUK
    2014513123,524
    2013425114,240
    Record Year2007 (579)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Newcastle Upon Tyne during the second quarter of 2014 (Apr 2014 - Jun 2014) was 209 companies.

    second quarter (Apr 2014 - Jun 2014)Newcastle Upon TyneUK
    201420955,172
    201322957,352
    Record Year 2005 (242) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    Net Growth by Month
    AprilMayJune
    Net growth in 2014118091
    Net growth in 20131056757
    Record Year2014 (118)2003 (100)2008 (98)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Newcastle Upon Tyne formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Newcastle Upon Tyne
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.5%
    Record Year (since 1960) 1990 (0.6%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Newcastle Upon Tyne
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.5%
    Record Year (since 1960) 1986 (0.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.4%0.4%0.4%
    UK formation share in 20130.5%0.4%0.4%
    % change-15.8%-8.7%-0.1%
    Record Year1963 (1.3%)1989 (0.9%)2000 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.7.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.9.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Newcastle Upon Tyne was 2005 when 28.7% of all directors were female.

    23.6% of all director appointments in Newcastle Upon Tyne in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Newcastle Upon Tyne was in 2005 when 27.7% of all directors were female.

    25.0% of all director appointments in Newcastle Upon Tyne in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.93%CONSULTING5.16%
    NORTH1.81%MANAGEMENT4.64%
    NEWCASTLE1.45%CONSULTANCY3.50%
    PROPERTY1.45%PROPERTY2.66%
    EAST1.36%TRADING2.03%
    CONSULTANCY0.99%ENGINEERING1.99%
    CARE0.93%CONSTRUCTION1.93%
    CONSULTING0.93%LONDON1.93%
    NE0.81%CARE1.85%
    COMMUNITY0.81%DESIGN1.75%
    PROPERTIES0.72%CONSULTANTS1.73%
    TRADING0.72%BUSINESS1.69%
    S0.69%PROPERTIES1.63%
    LEISURE0.66%TRANSPORT1.58%
    IT0.63%GLOBAL1.55%
    DEVELOPMENTS0.63%INVESTMENTS1.55%
    (NE)0.60%J1.51%
    D0.57%ASSOCIATES1.48%
    ELECTRICAL0.57%MEDIA1.44%
    ENGINEERING0.57%ELECTRICAL1.40%
    GLOBAL0.54%IT1.33%
    CONSULTANTS0.54%DEVELOPMENTS1.33%
    ENTERPRISES0.54%BUILDING1.26%
    BUSINESS0.54%M1.24%
    INVESTMENTS0.54%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,140261,557
    99999 - Dormant Company20248,436
    70229 - Management consultancy activities other than financial management14740,250
    62020 - Information technology consultancy activities11629,029
    82990 - Other business support service activities not elsewhere classified11357,421
    96090 - Other service activities not elsewhere classified11128,352
    56103 - Take-away food shops and mobile food stands827,840
    74909 - Other professional, scientific and technical activities not elsewhere classified7219,058
    56101 - Licensed restaurants648,585
    68320 - Management of real estate on a fee or contract basis615,731
    68209 - Other letting and operating of own or leased real estate5910,133
    86900 - Other human health activities5511,292
    74990 - Non-trading company5214,351
    62012 - Business and domestic software development499,834
    41100 - Development of building projects4910,527
    96020 - Hairdressing and other beauty treatment446,631
    43999 - Other specialised construction activities not elsewhere classified428,533
    69201 - Accounting and auditing activities407,415
    70100 - Activities of head offices374,152
    47910 - Retail sale via mail order houses or via Internet379,900

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09020094 JAYAND ENGINEERING LIMITED 01 May 2014
    09044623 TAC ENTERTAINMENT LTD. 16 May 2014
    09046232 GETMYDATA LIMITED 19 May 2014
    09051338 JV CO. NUMBER 1 LIMITED 22 May 2014
    09051342 2 ST LEONARDS ROAD FREEHOLD LIMITED 22 May 2014
    09062219 NATIVE PRINT AND COFFEE NEWCASTLE LIMITED 29 May 2014
    09062792 HAWK LEISURE LIMITED 29 May 2014
    09062975 ROOTS4LIFE LTD 30 May 2014
    09027371 JAMES LLOYD DEVELOPMENTS LIMITED 07 May 2014
    09031255 PITT WEST END LIMITED 08 May 2014
    09038323 BEDE GAMING (HOLDINGS) LIMITED 13 May 2014
    09039219 BARRINGTON ALTERATION TAILORING LIMITED 14 May 2014
    09045270 SHADOW (RETRO) LIMITED 19 May 2014
    09052545 UK TOTAL SOLUTIONS LIMITED 22 May 2014
    09027594 FASHION4ME LIMITED 07 May 2014
    09030619 IMMACULATE CLEANING SOLUTIONS LIMITED 08 May 2014
    09032303 CHEMMACHEL LIMITED 09 May 2014
    09032609 VOGUE WEB HOLDINGS LIMITED 09 May 2014
    09033616 VIBRANT HEARING SERVICES LTD 12 May 2014
    09041173 LAND OF FURNITURE (NEWCASTLE) LTD 15 May 2014
    09048599 INALEGWU MEDICAL SERVICES LTD 20 May 2014
    09059062 NEW WAVE ACCOUNTING LIMITED 28 May 2014
    09060723 ACCOUNTREE LIMITED 29 May 2014
    09061392 PASAPALA LOGISTICS LIMITED 29 May 2014
    09063643 LUIGIKHAN FOUNDATION LIMITED 30 May 2014