Newcastle Upon Tyne, Tyne And Wear

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q3.
  • August 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous August.
  • July 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous July.
  • July 2014 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous July.
  • August 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous August.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q3.

    A total of 611 companies were registered in Newcastle Upon Tyne during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 1.5% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Newcastle Upon TyneUK
    2014611143,414
    2013602132,684
    % change1.5%8.1%
    Record Year 2014 (611) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014207200204
    New companies in 2013203185214
    % change2.0%8.1%-4.7%
    Record Year2014 (207)2014 (200)2013 (214)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 458 companies were dissolved in Newcastle Upon Tyne during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 11.4% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)Newcastle Upon TyneUK
    2014458101,670
    201341186,170
    % change11.4%18.0%
    Record Year 2014 (458) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014175111172
    Closed companies in 2013149126136
    % change17.4%-11.9%26%
    Record Year2014 (175)2008 (214)2009 (226)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Newcastle Upon Tyne during the third quarter of 2014 (Jul 2014 - Sep 2014) was 153 companies.

    third quarter (Jul 2014 - Sep 2014)Newcastle Upon TyneUK
    201415341,744
    201319146,514
    Record Year 2012 (204) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014328932
    Net growth in 2013545978
    Record Year2008 (109)2014 (89)2002 (90)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Newcastle Upon Tyne
    20140.4%
    20130.5%
    20120.4%
    20110.5%
    20100.4%
    Record Year (since 1960) 1993 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.4%0.5%0.4%
    UK formation share in 20130.4%0.4%0.5%
    % change-7.4%3.1%-12.5%
    Record Year1990 (0.7%)1991 (0.6%)1978 (0.7%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 43.0.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Newcastle Upon Tyne was in 2006 when 31.6% of all directors were female.

    27.7% of all director appointments in Newcastle Upon Tyne in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.20%CONSULTING5.17%
    NORTH1.94%MANAGEMENT4.63%
    EAST1.49%CONSULTANCY3.55%
    PROPERTY1.34%PROPERTY2.62%
    NEWCASTLE1.34%ENGINEERING2.07%
    CONSULTANCY0.98%CONSTRUCTION2.05%
    CONSULTING0.95%TRADING2.00%
    CARE0.89%LONDON1.95%
    (NE)0.83%CARE1.94%
    COMMUNITY0.80%TRANSPORT1.76%
    DEVELOPMENTS0.80%DESIGN1.70%
    TRADING0.80%CONSULTANTS1.70%
    NE0.74%PROPERTIES1.63%
    IT0.74%BUSINESS1.62%
    PROPERTIES0.68%J1.53%
    LEISURE0.68%ELECTRICAL1.53%
    ENGINEERING0.63%GLOBAL1.51%
    MEDICAL0.57%INVESTMENTS1.50%
    BUSINESS0.54%ASSOCIATES1.48%
    INTEREST0.54%MEDIA1.38%
    D0.51%CO.,1.36%
    ELECTRICAL0.51%DEVELOPMENTS1.35%
    M0.48%BUILDING1.30%
    EVENTS0.48%IT1.30%
    HOUSE0.48%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,244278,481
    99999 - Dormant Company20848,286
    70229 - Management consultancy activities other than financial management14340,717
    82990 - Other business support service activities not elsewhere classified11657,264
    62020 - Information technology consultancy activities11329,313
    96090 - Other service activities not elsewhere classified10728,224
    56103 - Take-away food shops and mobile food stands837,917
    74909 - Other professional, scientific and technical activities not elsewhere classified7318,890
    56101 - Licensed restaurants658,546
    86900 - Other human health activities6211,807
    68209 - Other letting and operating of own or leased real estate6010,361
    68320 - Management of real estate on a fee or contract basis585,749
    62012 - Business and domestic software development529,675
    41100 - Development of building projects5110,604
    74990 - Non-trading company5114,006
    43999 - Other specialised construction activities not elsewhere classified458,501
    96020 - Hairdressing and other beauty treatment416,630
    86220 - Specialists medical practice activities363,889
    69201 - Accounting and auditing activities367,401
    47910 - Retail sale via mail order houses or via Internet359,914

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09110164 GAC SPORTS LIMITED 01 Jul 2014
    09111025 CROSSCO (1373) LIMITED 01 Jul 2014
    09111026 CROSSCO (1374) LIMITED 01 Jul 2014
    09120546 SGURR A'MHUILINN AVIATION LTD 08 Jul 2014
    09128425 TIMEC 1465 LIMITED 14 Jul 2014
    09128487 TIMEC 1464 LIMITED 14 Jul 2014
    09131726 AFGHAN KEBABS TAKEAWAY LTD 15 Jul 2014
    09141397 SA CALETA SONRISAS LTD 22 Jul 2014
    09141706 MAXTRAFFIC LIMITED 22 Jul 2014
    09145113 60-63 BROOMLEE ROAD FREEHOLD LIMITED 24 Jul 2014
    09124902 THE FULL WEDDING LIMITED 10 Jul 2014
    09132140 A JARDINE LTD 15 Jul 2014
    09134572 MONKS HAVEN PROPERTY MANAGEMENT LIMITED 17 Jul 2014
    09139044 TASTUR LTD 21 Jul 2014
    09111676 SJC SYNERGY LTD. 02 Jul 2014
    09113795 DW TILING CONTRACTORS LTD 03 Jul 2014
    09115868 ANDERSONRILEY LTD 03 Jul 2014
    09121598 THE SYCAMORES (BIRTLEY) LIMITED 08 Jul 2014
    09140736 ROSETOR LIMITED 21 Jul 2014
    09143171 DYKEFIELD AVENUE 1965 LIMITED 23 Jul 2014
    09147689 NORTHERN TREE WORKS LIMITED 25 Jul 2014
    09153983 CIRKEL LIMITED 30 Jul 2014
    09113944 STRAIGHT LINE HOLDINGS NORTH EAST LIMITED 03 Jul 2014
    09119398 KASAMUSIK LIMITED 07 Jul 2014
    09121069 INDEX DEVELOPMENTS LIMITED 08 Jul 2014