Redcar, North Yorkshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in Redcar when compared to any previous November.

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 188 companies were formed in Redcar in 2010. This total is 1.6% higher than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearRedcarUK
    2010188400,358
    2009185362,675
    2008161349,203
    2007219457,649
    2006133405,440
    Record Year2007 (219)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 73 companies were formed in Redcar. This figure is 30.5% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Redcar occurred in 2009 when a total of 105 were formed.

    Half Year (Jul-Dec)RedcarUK
    201073196,609
    2009105180,654
    % change-30.5%8.8%
    Record Year2009 (105)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 31 companies were registered in Redcar during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 48.3% versus the same period last year (Q4 2009). This figure compares badly 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)RedcarUK
    20103195,117
    20096085,983
    % change-48.3%10.6%
    Record Year 2009 (60) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20108185
    New companies in 2009231720
    % change-65.2%5.9%-75.0%
    Record Year2009 (23)2010 (18)2009 (20)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 120 companies were dissolved in Redcar in 2010. This total is 26.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearRedcarUK
    2010120342,232
    2009163533,773
    200836237,901
    200739220,295
    200661200,166
    Record Year2009 (163)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 65 companies were dissolved in Redcar. This figure is 24.4% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Redcar occurred in 2009 when a total of 86 were closed.

    Half Year (Jul-Dec)RedcarUK
    201065164,601
    200986244,537
    % change-24.4%-32.7%
    Record Year2009 (86)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 25 companies were dissolved in Redcar during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 34.2% versus the same period last year (Q4 2009). This figure compares well 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)RedcarUK
    20102576,896
    20093885,136
    % change-34.2%-9.7%
    Record Year 2009 (38) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010898
    Closed companies in 2009131114
    % change-38.5%-18.2%-43%
    Record Year2009 (13)2009 (11)2009 (14)

Net Company Growth

  1. Annual Data (2010)

    A total of 68 companies were added to the company register for Redcar in 2010. This number represents growth of 36.8% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 46 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Redcar company register grew by 180 companies.

    YearRedcarUK
    20106858,126
    200922-171,098
    2008125111,302
    2007180237,354
    200672205,274
    Record Year2007 (180)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Redcar increased by 8 companies.

    Half Year (Jul-Dec)RedcarUK
    2010832,008
    200919-63,883
    Record Year2008 (67)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Redcar during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 6 companies.

    fourth quarter (Oct 2010 - Dec 2010)RedcarUK
    2010618,221
    200922847
    Record Year 2008 (31) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201009-3
    Net growth in 20091066
    Record Year2007 (14)2008 (10)2003 (12)

UK Company Share

  1. Annual Data (2010)

    In 2010 Redcar formed 0.0% of all UK companies. This is a decline on 2009 when Redcar was responsible for 0.1% of all UK companies.

    YearRedcar
    20100.0%
    20090.1%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1964 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Redcar formed 0.0% of all UK companies. This is less than the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Redcar
    20100.0%
    20090.1%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1964 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Redcar formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Redcar
    20100.0%
    20090.1%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1964 (0.2%)
    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 20090.1%0.1%0.1%
    % change-69.5%-5.4%-76.3%
    Record Year1964 (0.1%)1964 (0.3%)1964 (0.1%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.2.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.2% 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 43.9.

    The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.7% 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 42.6.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.2% 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 Redcar was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Redcar in 2010 was 22.5%. 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 Redcar was 1860 when 42.9% of all directors were female.

    26.0% of all director appointments in Redcar 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 Redcar was in 1977 when 31.1% of all directors were female.

    25.0% of all director appointments in Redcar 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
    (NE)2.40%CONSULTING5.06%
    J1.87%MANAGEMENT5.01%
    CONSULTANCY1.33%CONSULTANCY3.14%
    INSPECTION1.07%PROPERTY2.36%
    SITE1.07%TRADING2.11%
    ENGINEERING1.07%ASSOCIATES1.95%
    EAST1.07%DESIGN1.92%
    ELECTRICAL1.07%BUSINESS1.82%
    RECYCLING0.80%CONSTRUCTION1.82%
    CONSTRUCTION0.80%CONSULTANTS1.76%
    NORTH0.80%MEDIA1.71%
    H0.80%ENGINEERING1.62%
    LEISURE0.80%LONDON1.60%
    MIDDLESBROUGH0.80%CARE1.45%
    TEESSIDE0.80%INVESTMENTS1.44%
    G0.80%GLOBAL1.43%
    CONSULTING0.80%J1.42%
    PROJECT0.80%IT1.41%
    DESIGN0.80%PROPERTIES1.34%
    TECHNICAL0.80%INTERNATIONAL1.34%
    HOME0.80%BUILDING1.34%
    TIME0.53%M1.30%
    ANTHONY0.53%ELECTRICAL1.25%
    M0.53%SYSTEMS1.24%
    EAST)0.53%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied61199,572
    7487 - Other business activities3963,348
    4525 - Other special trades construction161,811
    96090 - Other service activities not elsewhere classified138,799
    9305 - Other service activities138,858
    43999 - Other specialised construction activities not elsewhere classified92,854
    71129 - Other engineering activities81,513
    43210 - Electrical installation82,980
    99999 - Dormant Company716,285
    4545 - Other building completion72,598
    82990 - Other business support service activities not elsewhere classified627,550
    74909 - Other professional, scientific and technical activities not elsewhere classified57,088
    61900 - Other telecommunications activities41,113
    43390 - Other building completion and finishing42,522
    5212 - Other retail non-specialised stores4978
    7414 - Business & management consultancy313,474
    6420 - Telecommunications31,299
    70229 - Management consultancy activities other than financial management314,505
    4011 - Production of electricity3215
    4521 - General construction & civil engineering36,598

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07413121 TANFASTIQUE RENTALS LIMITED 20 Oct 2010
    07413109 TANFASTIQUE SUPPLIES LIMITED 20 Oct 2010
    07409039 HELPING HANDS TEESSIDE LIMITED 15 Oct 2010
    07403739 SHARCOL LIFTING SERVICES LIMITED 12 Oct 2010
    07402326 OUT OF REACH ACCESS LIMITED 11 Oct 2010
    07402297 REDCAR BULK TERMINAL LIMITED 11 Oct 2010
    07400891 SHARCOL LISTING SERVICES LIMITED 08 Oct 2010
    07400634 ZOO HAIR LIMITED 08 Oct 2010

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