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
New Company Registrations
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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 Tyne UK 2014 611 143,414 2013 602 132,684 % change 1.5% 8.1% Record Year 2014 (611) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 207 200 204 New companies in 2013 203 185 214 % change 2.0% 8.1% -4.7% Record Year 2014 (207) 2014 (200) 2013 (214)
Closed Companies (dissolved)
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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 Tyne UK 2014 458 101,670 2013 411 86,170 % change 11.4% 18.0% Record Year 2014 (458) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 175 111 172 Closed companies in 2013 149 126 136 % change 17.4% -11.9% 26% Record Year 2014 (175) 2008 (214) 2009 (226)
Net Company Growth
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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 Tyne UK 2014 153 41,744 2013 191 46,514 Record Year 2012 (204) 2013 (46,514) Net Growth by Quarter
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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
July August September Net growth in 2014 32 89 32 Net growth in 2013 54 59 78 Record Year 2008 (109) 2014 (89) 2002 (90)
UK Company Share
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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 2014 0.4% 2013 0.5% 2012 0.4% 2011 0.5% 2010 0.4% Record Year (since 1960) 1993 (0.5%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.4% 0.5% 0.4% UK formation share in 2013 0.4% 0.4% 0.5% % change -7.4% 3.1% -12.5% Record Year 1990 (0.7%) 1991 (0.6%) 1978 (0.7%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.20% CONSULTING 5.17% NORTH 1.94% MANAGEMENT 4.63% EAST 1.49% CONSULTANCY 3.55% PROPERTY 1.34% PROPERTY 2.62% NEWCASTLE 1.34% ENGINEERING 2.07% CONSULTANCY 0.98% CONSTRUCTION 2.05% CONSULTING 0.95% TRADING 2.00% CARE 0.89% LONDON 1.95% (NE) 0.83% CARE 1.94% COMMUNITY 0.80% TRANSPORT 1.76% DEVELOPMENTS 0.80% DESIGN 1.70% TRADING 0.80% CONSULTANTS 1.70% NE 0.74% PROPERTIES 1.63% IT 0.74% BUSINESS 1.62% PROPERTIES 0.68% J 1.53% LEISURE 0.68% ELECTRICAL 1.53% ENGINEERING 0.63% GLOBAL 1.51% MEDICAL 0.57% INVESTMENTS 1.50% BUSINESS 0.54% ASSOCIATES 1.48% INTEREST 0.54% MEDIA 1.38% D 0.51% CO., 1.36% ELECTRICAL 0.51% DEVELOPMENTS 1.35% M 0.48% BUILDING 1.30% EVENTS 0.48% IT 1.30% HOUSE 0.48% M 1.23%
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 1,244 278,481 99999 - Dormant Company 208 48,286 70229 - Management consultancy activities other than financial management 143 40,717 82990 - Other business support service activities not elsewhere classified 116 57,264 62020 - Information technology consultancy activities 113 29,313 96090 - Other service activities not elsewhere classified 107 28,224 56103 - Take-away food shops and mobile food stands 83 7,917 74909 - Other professional, scientific and technical activities not elsewhere classified 73 18,890 56101 - Licensed restaurants 65 8,546 86900 - Other human health activities 62 11,807 68209 - Other letting and operating of own or leased real estate 60 10,361 68320 - Management of real estate on a fee or contract basis 58 5,749 62012 - Business and domestic software development 52 9,675 41100 - Development of building projects 51 10,604 74990 - Non-trading company 51 14,006 43999 - Other specialised construction activities not elsewhere classified 45 8,501 96020 - Hairdressing and other beauty treatment 41 6,630 86220 - Specialists medical practice activities 36 3,889 69201 - Accounting and auditing activities 36 7,401 47910 - Retail sale via mail order houses or via Internet 35 9,914
Recent Companies
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Randomly selected companies from this quarter
reports
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