North Shields, Tyne And Wear

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in North Shields when compared to any previous November.
  • October 2010 saw a new record in company closures in North Shields when compared to any previous October.

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 (2010)

    A total of 198 companies were formed in North Shields in 2010. This total is 16.5% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearNorth ShieldsUK
    2010198400,358
    2009170362,675
    2008171349,203
    2007218457,649
    2006205405,440
    Record Year2003 (225)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 98 companies were formed in North Shields. This figure is 25.6% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in North Shields occurred in 2005 when a total of 116 were formed.

    Half Year (Jul-Dec)North ShieldsUK
    201098196,609
    200978180,654
    % change25.6%8.8%
    Record Year2005 (116)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 49 companies were registered in North Shields during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 36.1% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)North ShieldsUK
    20104995,117
    20093685,983
    % change36.1%10.6%
    Record Year 2002 (51) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in North Shields when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010162211
    New companies in 200914139
    % change14.3%69.2%22.2%
    Record Year2003 (21)2010 (22)2002 (17)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 178 companies were dissolved in North Shields in 2010. This total is 29.9% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearNorth ShieldsUK
    2010178342,232
    2009254533,773
    2008101237,901
    2007135220,295
    200674200,166
    Record Year2009 (254)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 95 companies were dissolved in North Shields. This figure is 20.2% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in North Shields occurred in 2009 when a total of 119 were closed.

    Half Year (Jul-Dec)North ShieldsUK
    201095164,601
    2009119244,537
    % change-20.2%-32.7%
    Record Year2009 (119)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 45 companies were dissolved in North Shields during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 2.2% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)North ShieldsUK
    20104576,896
    20094685,136
    % change-2.2%-9.7%
    Record Year 2009 (46) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    October 2010 saw a new record in company closures in North Shields when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201024165
    Closed companies in 2009191215
    % change26.3%33.3%-67%
    Record Year2010 (24)2007 (17)2009 (15)

Net Company Growth

  1. Annual Data (2010)

    A total of 20 companies were added to the company register for North Shields in 2010. This number represents growth of 11.8% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 104 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the North Shields company register grew by 155 companies.

    YearNorth ShieldsUK
    20102058,126
    2009-84-171,098
    200870111,302
    200783237,354
    2006131205,274
    Record Year2003 (155)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for North Shields increased by 3 companies.

    Half Year (Jul-Dec)North ShieldsUK
    2010332,008
    2009-41-63,883
    Record Year2005 (76)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for North Shields during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 4 companies.

    fourth quarter (Oct 2010 - Dec 2010)North ShieldsUK
    2010418,221
    2009-10847
    Record Year 2002 (33) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-866
    Net growth in 2009-51-6
    Record Year2003 (19)2002 (13)2002 (9)

UK Company Share

  1. Annual Data (2010)

    In 2010 North Shields formed 0.0% of all UK companies. This is no change on 2009 when North Shields was responsible for 0.0% of all UK companies.

    YearNorth Shields
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.1%
    Record Year (since 1960)1965 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 North Shields formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)North Shields
    20100.0%
    20090.0%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1972 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, North Shields formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)North Shields
    20100.1%
    20090.0%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1987 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.1%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change0.2%51.5%16.0%
    Record Year1968 (0.2%)1969 (0.2%)1987 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.8.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 45.0.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 7.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 46.2.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 10.6% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in North Shields was 1857 when 36.4% of all directors were female.

    The percentage of female directors in North Shields in 2010 was 29.9%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in North Shields was 1860 when 42.9% of all directors were female.

    26.9% of all director appointments in North Shields in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in North Shields was in 1977 when 31.1% of all directors were female.

    26.6% of all director appointments in North Shields in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    NORTH1.81%CONSULTING5.06%
    BUILDING1.55%MANAGEMENT5.01%
    EAST1.55%CONSULTANCY3.14%
    EAST)1.55%PROPERTY2.36%
    (NORTH1.29%TRADING2.11%
    MANAGEMENT1.03%ASSOCIATES1.95%
    CONSULTANCY1.03%DESIGN1.92%
    PROPERTY1.03%BUSINESS1.82%
    DESIGN1.03%CONSTRUCTION1.82%
    ENGINEERING1.03%CONSULTANTS1.76%
    C0.78%MEDIA1.71%
    DEVELOPMENTS0.78%ENGINEERING1.62%
    WAY0.78%LONDON1.60%
    TRAINING0.78%CARE1.45%
    (NE)0.78%INVESTMENTS1.44%
    FINANCIAL0.78%GLOBAL1.43%
    HEATING0.78%J1.42%
    NE0.78%IT1.41%
    CONSULTING0.78%PROPERTIES1.34%
    TYNEMOUTH0.78%INTERNATIONAL1.34%
    NEW0.78%BUILDING1.34%
    COMMUNICATIONS0.78%M1.30%
    MAINTENANCE0.78%ELECTRICAL1.25%
    COMMUNITY0.78%SYSTEMS1.24%
    RECRUITMENT0.78%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied74199,572
    7487 - Other business activities2063,348
    82990 - Other business support service activities not elsewhere classified1227,550
    9999 - Dormant Company820,144
    96090 - Other service activities not elsewhere classified78,799
    74909 - Other professional, scientific and technical activities not elsewhere classified77,088
    7499 - Non-trading company612,000
    7414 - Business & management consultancy613,474
    74990 - Non-trading company68,243
    68209 - Other letting and operating of own or leased real estate53,755
    70229 - Management consultancy activities other than financial management514,505
    9305 - Other service activities58,858
    99999 - Dormant Company416,285
    9302 - Hairdressing & other beauty treatment41,496
    5530 - Restaurants44,939
    62090 - Other information technology service activities46,330
    43210 - Electrical installation42,980
    5263 - Other non-store retail sale31,880
    8532 - Social work without accommodation31,072
    32990 - Other manufacturing not elsewhere classified31,405

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07478223 A HANSEN BUILDING AND JOINERY SERVICES LIMITED 23 Dec 2010
    07477029 MARINE NEWBUILD SERVICES LTD 22 Dec 2010
    07462897 ENGINEERING PROPERTY SERVICES LIMITED 07 Dec 2010
    07455862 K-PEC LOGISTICS LTD 01 Dec 2010
    07478386 LTBR LIMITED 29 Dec 2010
    07472705 MINOR MAINTENANCE WORKS LIMITED 17 Dec 2010
    07472324 RESERVE WINES NORTH EAST LIMITED 16 Dec 2010
    07471993 SNOWY NEWCASTLE LTD 16 Dec 2010
    07470972 CENTRAL MOTORS NORTH EAST LTD 15 Dec 2010
    07469697 LEEDS CENTRAL NAIL BAR LIMITED 14 Dec 2010
    07461978 COASTAL BUILDERS (NORTH EAST) LIMITED 07 Dec 2010

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