Newcastle Upon Tyne, Tyne And Wear
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Newcastle Upon Tyne when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
- November 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
- October 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous October.
- The second half of 2014 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous second half year.
- October 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous October.
- The record second half year for female directors in Newcastle Upon Tyne was 2014 when 27.2% of all directors were female.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Newcastle Upon Tyne when compared to any year in history.
A total of 2,479 companies were formed in Newcastle Upon Tyne in 2014. This total is 6.0% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Newcastle Upon Tyne UK 2014 2,479 582,051 2013 2,339 529,363 2012 2,136 491,893 2011 1,968 452,870 2010 1,751 400,358 Record Year 2014 (2,479) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous second half year.
In the second half of 2014 a total of 1,205 companies were formed in Newcastle Upon Tyne. This figure is 4.1% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Newcastle Upon Tyne occurred in 2014 when a total of 1,205 were formed.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2014 1,205 281,320 2013 1,157 259,931 % change 4.1% 8.2% Record Year 2014 (1,205) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous Q4.
A total of 594 companies were registered in Newcastle Upon Tyne during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 7.0% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Newcastle Upon Tyne UK 2014 594 137,906 2013 555 127,247 % change 7.0% 8.4% Record Year 2014 (594) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous November.
October 2014 saw a new record in company registrations in Newcastle Upon Tyne when compared to any previous October.
New Companies by Month
October November December New companies in 2014 250 198 146 New companies in 2013 209 197 149 % change 19.6% 0.5% -2.0% Record Year 2014 (250) 2014 (198) 2013 (149)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 1,619 companies were dissolved in Newcastle Upon Tyne in 2014. This total is 4.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Newcastle Upon Tyne UK 2014 1,619 367,937 2013 1,545 332,213 2012 1,363 293,729 2011 1,443 314,524 2010 1,308 342,233 Record Year 2009 (1,806) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Newcastle Upon Tyne when compared to any previous second half year.
In the second half of 2014 a total of 858 companies were dissolved in Newcastle Upon Tyne. This figure is 8.9% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Newcastle Upon Tyne occurred in 2014 when a total of 858 were closed.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2014 858 190,730 2013 788 177,021 % change 8.9% 7.7% Record Year 2014 (858) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 400 companies were dissolved in Newcastle Upon Tyne during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 6.1% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Newcastle Upon Tyne UK 2014 400 89,060 2013 377 90,851 % change 6.1% -2.0% Record Year 2011 (419) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 133 128 139 Closed companies in 2013 153 107 117 % change -13.1% 19.6% 19% Record Year 2013 (153) 2011 (173) 2011 (149)
Net Company Growth
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Annual Data (2014)
A total of 860 companies were added to the company register for Newcastle Upon Tyne in 2014. This number represents growth of 34.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 66 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Newcastle Upon Tyne company register grew by 872 companies.
Year Newcastle Upon Tyne UK 2014 860 214,114 2013 794 197,150 2012 773 198,164 2011 525 138,346 2010 443 58,125 Record Year 2007 (872) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Newcastle Upon Tyne increased by 347 companies.
Half Year (Jul-Dec) Newcastle Upon Tyne UK 2014 347 90,590 2013 369 82,910 Record Year 2003 (431) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Newcastle Upon Tyne during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 194 companies.
fourth quarter (Oct 2014 - Dec 2014) Newcastle Upon Tyne UK 2014 194 48,846 2013 178 36,396 Record Year 2014 (194) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Newcastle Upon Tyne when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 117 70 7 Net growth in 2013 56 90 32 Record Year 2014 (117) 2013 (90) 2003 (78)
UK Company Share
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Annual Data (2014)
In 2014 Newcastle Upon Tyne formed 0.4% of all UK companies. This is no change on 2013 when Newcastle Upon Tyne was responsible for 0.4% of all UK companies.
Year Newcastle Upon Tyne 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1990 (0.6%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second 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 (Jul-Dec) Newcastle Upon Tyne 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1990 (0.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Newcastle Upon Tyne formed 0.4% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Newcastle Upon Tyne 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1989 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.5% 0.4% 0.4% UK formation share in 2013 0.4% 0.5% 0.4% % change 13.8% -4.6% -16.1% Record Year 1989 (0.7%) 1990 (0.7%) 1983 (0.8%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.9.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half 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 4.5% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Newcastle Upon Tyne was 1985 when 75.0% of all directors were female.
The percentage of female directors in Newcastle Upon Tyne in 2014 was 25.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Newcastle Upon Tyne was 2014 when 27.2% of all directors were female.
27.2% of all director appointments in Newcastle Upon Tyne in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Newcastle Upon Tyne was in 2007 when 28.0% of all directors were female.
26.6% of all director appointments in Newcastle Upon Tyne in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.10% CONSULTING 5.22% NORTH 1.83% MANAGEMENT 4.58% EAST 1.62% CONSULTANCY 3.57% NEWCASTLE 1.39% PROPERTY 2.66% CONSULTING 1.09% CONSTRUCTION 2.12% PROPERTY 1.03% ENGINEERING 2.10% CONSULTANCY 1.00% CARE 2.02% (NE) 0.86% TRADING 1.94% NE 0.80% LONDON 1.93% CARE 0.77% TRANSPORT 1.93% ENGINEERING 0.77% DESIGN 1.66% IT 0.74% CONSULTANTS 1.64% LEISURE 0.68% ELECTRICAL 1.62% DEVELOPMENTS 0.65% PROPERTIES 1.62% BUSINESS 0.59% BUSINESS 1.56% PROPERTIES 0.59% J 1.54% ELECTRICAL 0.56% CO., 1.50% HOUSE 0.56% GLOBAL 1.49% TRADING 0.53% INVESTMENTS 1.48% COMMUNITY 0.50% ASSOCIATES 1.47% MEDICAL 0.50% DEVELOPMENTS 1.35% M 0.47% MEDIA 1.33% S 0.47% IT 1.31% CONSTRUCTION 0.47% BUILDING 1.29% ENTERPRISES 0.47% M 1.22%
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 1,206 265,608 99999 - Dormant Company 174 48,509 70229 - Management consultancy activities other than financial management 141 42,290 96090 - Other service activities not elsewhere classified 117 29,009 82990 - Other business support service activities not elsewhere classified 111 58,068 62020 - Information technology consultancy activities 110 30,178 56103 - Take-away food shops and mobile food stands 86 8,318 74909 - Other professional, scientific and technical activities not elsewhere classified 77 19,049 86900 - Other human health activities 65 12,976 68320 - Management of real estate on a fee or contract basis 64 6,010 68209 - Other letting and operating of own or leased real estate 63 11,212 56101 - Licensed restaurants 62 8,782 62012 - Business and domestic software development 52 9,752 41100 - Development of building projects 52 11,397 74990 - Non-trading company 47 13,984 68100 - Buying and selling of own real estate 46 7,106 96020 - Hairdressing and other beauty treatment 46 6,742 43999 - Other specialised construction activities not elsewhere classified 45 8,761 86230 - Dental practice activities 41 2,164 47910 - Retail sale via mail order houses or via Internet 39 10,107
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09291700 POCKETO LIMITED 03 Nov 2014 09293960 AAHG ASSOCIATES LTD 04 Nov 2014 09312044 SIMON LENNEY CONSULTANCY LIMITED 14 Nov 2014 09322772 THE WORKS DIGITAL (NORTH EAST) LIMITED 21 Nov 2014 09329236 ROTARY POWER DRIVES LIMITED 26 Nov 2014 09329699 NORTH EAST FULFILMENT LIMITED 26 Nov 2014 09306447 LOGGIA CAPITAL PARTNERS LTD 11 Nov 2014 09321662 JACKSON MILLER LTD 20 Nov 2014 09329579 GSLF ENGINEERING LIMITED 26 Nov 2014 09329640 IDEEL GOODS LTD 26 Nov 2014 09291483 NICELY DONE LTD 03 Nov 2014 09291537 STABLE LANE MANAGEMENT LIMITED 03 Nov 2014 09295944 CTA PRODUCTIONS LIMITED 05 Nov 2014 09323710 DEANLEC TECHNICAL LTD 24 Nov 2014 09325857 DESSERTS DELIVERED PROPERTY LTD 25 Nov 2014 09295508 VILLAGE KARAHI CATERERS (UK) LIMITED 04 Nov 2014 09300640 VS CLAIMS MANAGEMENT LIMITED 07 Nov 2014 09300675 KAMAL RESTAURANT LIMITED 07 Nov 2014 09314334 GO CARD SOLUTIONS LIMITED 17 Nov 2014 09314341 WE ARE FAMILY LIMITED 17 Nov 2014 09323774 PYNADATH LIMITED 24 Nov 2014 09295216 GLEBE CLOSE 1967 LIMITED 04 Nov 2014 09320385 VERICOTH LIMITED 20 Nov 2014 09330697 MXA LTD 27 Nov 2014 09303679 CHEVIOT INSURANCE SERVICES LTD. 10 Nov 2014
reports
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