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

  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. 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.

    YearNewcastle Upon TyneUK
    20142,479582,051
    20132,339529,363
    20122,136491,893
    20111,968452,870
    20101,751400,358
    Record Year2014 (2,479)2014 (582,051)
    New Companies by Year
  2. 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 TyneUK
    20141,205281,320
    20131,157259,931
    % change4.1%8.2%
    Record Year2014 (1,205)2014 (281,320)
    New Companies by Half Year
  3. 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 TyneUK
    2014594137,906
    2013555127,247
    % change7.0%8.4%
    Record Year 2014 (594) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014250198146
    New companies in 2013209197149
    % change19.6%0.5%-2.0%
    Record Year2014 (250)2014 (198)2013 (149)

Closed Companies (dissolved)

  1. 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.

    YearNewcastle Upon TyneUK
    20141,619367,937
    20131,545332,213
    20121,363293,729
    20111,443314,524
    20101,308342,233
    Record Year2009 (1,806)2009 (533,789)
    Dissolved Companies by Year
  2. 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 TyneUK
    2014858190,730
    2013788177,021
    % change8.9%7.7%
    Record Year2014 (858)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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 TyneUK
    201440089,060
    201337790,851
    % change6.1%-2.0%
    Record Year 2011 (419) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014133128139
    Closed companies in 2013153107117
    % change-13.1%19.6%19%
    Record Year2013 (153)2011 (173)2011 (149)

Net Company Growth

  1. 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.

    YearNewcastle Upon TyneUK
    2014860214,114
    2013794197,150
    2012773198,164
    2011525138,346
    201044358,125
    Record Year2007 (872)2007 (237,353)
    Net Growth by Year
  2. 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 TyneUK
    201434790,590
    201336982,910
    Record Year2003 (431)2003 (117,772)
    Net Growth by Half Year
  3. 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 TyneUK
    201419448,846
    201317836,396
    Record Year 2014 (194) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2014117707
    Net growth in 2013569032
    Record Year2014 (117)2013 (90)2003 (78)

UK Company Share

  1. 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.

    YearNewcastle Upon Tyne
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960)1990 (0.6%)
    Company Share by Year
  2. 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
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1990 (0.5%)
    Company Share by Half Year
  3. 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
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1989 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.5%0.4%0.4%
    UK formation share in 20130.4%0.5%0.4%
    % change13.8%-4.6%-16.1%
    Record Year1989 (0.7%)1990 (0.7%)1983 (0.8%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.10%CONSULTING5.22%
    NORTH1.83%MANAGEMENT4.58%
    EAST1.62%CONSULTANCY3.57%
    NEWCASTLE1.39%PROPERTY2.66%
    CONSULTING1.09%CONSTRUCTION2.12%
    PROPERTY1.03%ENGINEERING2.10%
    CONSULTANCY1.00%CARE2.02%
    (NE)0.86%TRADING1.94%
    NE0.80%LONDON1.93%
    CARE0.77%TRANSPORT1.93%
    ENGINEERING0.77%DESIGN1.66%
    IT0.74%CONSULTANTS1.64%
    LEISURE0.68%ELECTRICAL1.62%
    DEVELOPMENTS0.65%PROPERTIES1.62%
    BUSINESS0.59%BUSINESS1.56%
    PROPERTIES0.59%J1.54%
    ELECTRICAL0.56%CO.,1.50%
    HOUSE0.56%GLOBAL1.49%
    TRADING0.53%INVESTMENTS1.48%
    COMMUNITY0.50%ASSOCIATES1.47%
    MEDICAL0.50%DEVELOPMENTS1.35%
    M0.47%MEDIA1.33%
    S0.47%IT1.31%
    CONSTRUCTION0.47%BUILDING1.29%
    ENTERPRISES0.47%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,206265,608
    99999 - Dormant Company17448,509
    70229 - Management consultancy activities other than financial management14142,290
    96090 - Other service activities not elsewhere classified11729,009
    82990 - Other business support service activities not elsewhere classified11158,068
    62020 - Information technology consultancy activities11030,178
    56103 - Take-away food shops and mobile food stands868,318
    74909 - Other professional, scientific and technical activities not elsewhere classified7719,049
    86900 - Other human health activities6512,976
    68320 - Management of real estate on a fee or contract basis646,010
    68209 - Other letting and operating of own or leased real estate6311,212
    56101 - Licensed restaurants628,782
    62012 - Business and domestic software development529,752
    41100 - Development of building projects5211,397
    74990 - Non-trading company4713,984
    68100 - Buying and selling of own real estate467,106
    96020 - Hairdressing and other beauty treatment466,742
    43999 - Other specialised construction activities not elsewhere classified458,761
    86230 - Dental practice activities412,164
    47910 - Retail sale via mail order houses or via Internet3910,107

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC396832 PRUDHOE ESTATES LLP 01 Dec 2014
    09335276 BB SOFTWARE LTD 01 Dec 2014
    09351440 PETER COYNE INDEPENDENT FUNERAL SERVICE LIMITED 11 Dec 2014
    09353077 A PEREIRA LTD 12 Dec 2014
    09354416 CREDIT DIRECT LTD 15 Dec 2014
    09358090 HS EVENTS (T&W) LIMITED 17 Dec 2014
    09362562 TIMEC 1484 LIMITED 19 Dec 2014
    09362983 NORTH EAST TRANSFERABLE SKILLS CIC 19 Dec 2014
    09346107 FM (NORTH-EAST) LTD 08 Dec 2014
    09368519 HOUSE OF HAIR JESMOND LTD 29 Dec 2014
    OC396879 OPTO MANAGED SERVICES LLP 03 Dec 2014
    09340323 T&F BATES LIMITED 04 Dec 2014
    09352547 BEAUTY SKIN CLINIC LTD 12 Dec 2014
    09352857 ECLIPSE CONTROLS LTD. 12 Dec 2014
    09358811 DOUGLAS MARITIME LIMITED 17 Dec 2014
    OC397243 ELMFIELD CONSULTANTS LLP 22 Dec 2014
    09366221 PERUCASTLE ENTERPRISES LTD 23 Dec 2014
    09351319 ENERGY COMPUTATION SERVICES UK LIMITED 11 Dec 2014
    09351635 ENERGY TEACHERS UK LIMITED 11 Dec 2014
    09342074 QUANTUM BRICKWORK SERVICES LIMITED 05 Dec 2014
    09356751 UK COMPOSITES LTD 16 Dec 2014
    09362236 LOCUMSERVE LIMITED 19 Dec 2014
    09333997 STEVEN DOWNIE ATEX ELECTRICAL LTD 01 Dec 2014
    09365209 DIRTY LITTLE STYLE B LIMITED 23 Dec 2014
    09338558 AWYAR HEALTH LTD 03 Dec 2014