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
New Company Registrations
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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 Tyne UK 2014 1,274 300,731 2013 1,182 269,432 % change 7.8% 11.6% Record Year 2014 (1,274) 2014 (300,731) New Companies by Half Year
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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 Tyne UK 2014 599 150,009 2013 588 134,630 % change 1.9% 11.4% Record Year 2014 (599) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 209 179 211 New companies in 2013 224 181 183 % change -6.7% -1.1% 15.3% Record Year 2013 (224) 2012 (183) 2014 (211)
Closed Companies (dissolved)
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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 Tyne UK 2014 761 177,207 2013 757 155,192 % change 0.5% 14.2% Record Year 2009 (1,023) 2009 (289,245) Dissolved Companies by Half Year
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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 Tyne UK 2014 390 94,837 2013 359 77,278 % change 8.6% 22.7% Record Year 2009 (654) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 91 179 120 Closed companies in 2013 119 114 126 % change -23.5% 57.0% -5% Record Year 2009 (179) 2009 (270) 2009 (205)
Net Company Growth
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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 Tyne UK 2014 513 123,524 2013 425 114,240 Record Year 2007 (579) 2007 (171,296) Net Growth by Half Year
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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 Tyne UK 2014 209 55,172 2013 229 57,352 Record Year 2005 (242) 2007 (60,014) Net Growth by Quarter
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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
April May June Net growth in 2014 118 0 91 Net growth in 2013 105 67 57 Record Year 2014 (118) 2003 (100) 2008 (98)
UK Company Share
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.5% Record Year (since 1960) 1990 (0.6%) Company Share by Half Year
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.5% Record Year (since 1960) 1986 (0.7%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.4% 0.4% 0.4% UK formation share in 2013 0.5% 0.4% 0.4% % change -15.8% -8.7% -0.1% Record Year 1963 (1.3%) 1989 (0.9%) 2000 (0.8%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.93% CONSULTING 5.16% NORTH 1.81% MANAGEMENT 4.64% NEWCASTLE 1.45% CONSULTANCY 3.50% PROPERTY 1.45% PROPERTY 2.66% EAST 1.36% TRADING 2.03% CONSULTANCY 0.99% ENGINEERING 1.99% CARE 0.93% CONSTRUCTION 1.93% CONSULTING 0.93% LONDON 1.93% NE 0.81% CARE 1.85% COMMUNITY 0.81% DESIGN 1.75% PROPERTIES 0.72% CONSULTANTS 1.73% TRADING 0.72% BUSINESS 1.69% S 0.69% PROPERTIES 1.63% LEISURE 0.66% TRANSPORT 1.58% IT 0.63% GLOBAL 1.55% DEVELOPMENTS 0.63% INVESTMENTS 1.55% (NE) 0.60% J 1.51% D 0.57% ASSOCIATES 1.48% ELECTRICAL 0.57% MEDIA 1.44% ENGINEERING 0.57% ELECTRICAL 1.40% GLOBAL 0.54% IT 1.33% CONSULTANTS 0.54% DEVELOPMENTS 1.33% ENTERPRISES 0.54% BUILDING 1.26% BUSINESS 0.54% M 1.24% INVESTMENTS 0.54% CO., 1.20%
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 1,140 261,557 99999 - Dormant Company 202 48,436 70229 - Management consultancy activities other than financial management 147 40,250 62020 - Information technology consultancy activities 116 29,029 82990 - Other business support service activities not elsewhere classified 113 57,421 96090 - Other service activities not elsewhere classified 111 28,352 56103 - Take-away food shops and mobile food stands 82 7,840 74909 - Other professional, scientific and technical activities not elsewhere classified 72 19,058 56101 - Licensed restaurants 64 8,585 68320 - Management of real estate on a fee or contract basis 61 5,731 68209 - Other letting and operating of own or leased real estate 59 10,133 86900 - Other human health activities 55 11,292 74990 - Non-trading company 52 14,351 62012 - Business and domestic software development 49 9,834 41100 - Development of building projects 49 10,527 96020 - Hairdressing and other beauty treatment 44 6,631 43999 - Other specialised construction activities not elsewhere classified 42 8,533 69201 - Accounting and auditing activities 40 7,415 70100 - Activities of head offices 37 4,152 47910 - Retail sale via mail order houses or via Internet 37 9,900
Recent Companies
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Randomly selected companies from this quarter
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