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Redcar, North Yorkshire

2012 Half Year Business Confidence Report

Headlines

  • May 2012 saw a new record in company registrations in Redcar when compared to any previous May.

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. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 128 companies were formed in Redcar. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Redcar occurred in 2007 when a total of 132 were formed.

    Half Year (Jan-Jun)RedcarUK
    2012128253,150
    2011114228,735
    % change12.3%10.7%
    Record Year2007 (132)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 54 companies were registered in Redcar during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 14.3% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)RedcarUK
    201254121,659
    201163112,344
    % change-14.3%8.3%
    Record Year 2011 (63) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    May 2012 saw a new record in company registrations in Redcar when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2012112716
    New companies in 2011142722
    % change-21.4%0.0%-27.3%
    Record Year2007 (25)2012 (27)2011 (22)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 46 companies were dissolved in Redcar. This figure is 35.2% lower than last year, which compares well to the UK wide change of -8.9%.

    The highest total for a first half year in Redcar occurred in 2009 when a total of 77 were closed.

    Half Year (Jan-Jun)RedcarUK
    201246147,793
    201171162,310
    % change-35.2%-8.9%
    Record Year2009 (77)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 26 companies were dissolved in Redcar during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 39.5% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)RedcarUK
    20122680,218
    20114371,324
    % change-39.5%12.5%
    Record Year 2009 (53) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201231310
    Closed companies in 201192212
    % change-66.7%-40.9%-17%
    Record Year2009 (14)2009 (23)2009 (16)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Redcar increased by 82 companies.

    Half Year (Jan-Jun)RedcarUK
    201282105,357
    20114366,425
    Record Year2007 (117)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Redcar during the second quarter of 2012 (Apr 2012 - Jun 2012) was 28 companies.

    second quarter (Apr 2012 - Jun 2012)RedcarUK
    20122841,441
    20112041,020
    Record Year 2007 (53) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 20128146
    Net growth in 20115510
    Record Year2007 (24)2007 (15)2007 (14)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Redcar formed 0.1% of all UK companies. This is more than the 2011 figure of 0.0%.

    Half Year (Jan-Jun)Redcar
    20120.1%
    20110.0%
    20100.1%
    20090.0%
    20080.0%
    Record Year (since 1960) 1964 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Redcar formed 0.0% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Redcar
    20120.0%
    20110.1%
    20100.1%
    20090.0%
    20080.0%
    Record Year (since 1960) 1984 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.0%0.1%0.0%
    UK formation share in 20110.0%0.1%0.1%
    % change-33.7%-12.3%-22.4%
    Record Year1965 (0.1%)1980 (0.1%)1960 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 41.4.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 41.7.

    The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Redcar was 1861 when 40.0% of all directors were female.

    18.9% of all director appointments in Redcar in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Redcar was in 1866 when 57.1% of all directors were female.

    20.9% of all director appointments in Redcar in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    (NE)2.61%CONSULTING5.07%
    ENGINEERING2.40%MANAGEMENT4.74%
    LIFTING1.96%CONSULTANCY3.28%
    J1.53%PROPERTY2.35%
    OFFSHORE1.31%TRADING2.10%
    NE1.31%DESIGN1.89%
    (N/E)1.31%ENGINEERING1.87%
    CONSTRUCTION1.09%ASSOCIATES1.82%
    S1.09%CONSULTANTS1.78%
    INSPECTION1.09%CONSTRUCTION1.71%
    C1.09%BUSINESS1.70%
    DIRECT0.87%MEDIA1.69%
    DESIGN0.87%LONDON1.68%
    EAST0.65%J1.57%
    SHOP0.65%GLOBAL1.51%
    AUTO0.65%INVESTMENTS1.48%
    ELECTRICAL0.65%IT1.42%
    ACCESS0.65%CARE1.31%
    CONSULTANTS0.65%PROPERTIES1.31%
    TEESSIDE0.65%M1.26%
    TRADE0.65%ELECTRICAL1.23%
    CAR0.65%BUILDING1.23%
    NORTH0.65%SECURITY1.19%
    REDCAR0.65%S1.18%
    BY0.65%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied96244,457
    7487 - Other business activities3447,029
    71129 - Other engineering activities322,453
    96090 - Other service activities not elsewhere classified1614,220
    43999 - Other specialised construction activities not elsewhere classified164,091
    99999 - Dormant Company1026,088
    4525 - Other special trades construction71,411
    43210 - Electrical installation63,557
    86900 - Other human health activities65,222
    71200 - Technical testing and analysis5496
    62090 - Other information technology service activities48,258
    71122 - Engineering related scientific and technical consulting activities41,179
    55900 - Other accommodation4599
    82990 - Other business support service activities not elsewhere classified435,447
    4545 - Other building completion41,943
    9305 - Other service activities47,926
    62020 - Information technology consultancy activities315,280
    7020 - Letting of own property31,458
    74909 - Other professional, scientific and technical activities not elsewhere classified310,271
    5530 - Restaurants34,037

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08099339 PAXTEN LTD 11 Jun 2012
    08101145 SOURCETRADING47 LIMITED 12 Jun 2012
    08101251 WHITBY TATTOOING & PIERCING LIMITED 12 Jun 2012
    08101716 JPH SERVICES (N/E) LIMITED 12 Jun 2012
    08103691 BESPOKE-DISCO LTD 13 Jun 2012
    08105684 M C (N/E) LIMITED 14 Jun 2012
    08106759 WP DUNCAN LTD 15 Jun 2012
    08108191 S E CONSULTANCY LIMITED 18 Jun 2012
    08109290 DELIGHTFUL BY DESIGN LIMITED 18 Jun 2012
    08116568 AEE OFFSHORE LIMITED 22 Jun 2012
    08118959 EASTBOURNE (NE) LIMITED 26 Jun 2012
    08119881 ASHWELL COMMERCIAL ENTERPRISE SERVICES LIMITED 26 Jun 2012
    08122429 FORREST OFFSHORE LTD 28 Jun 2012
    08124044 DIRECT TRAINING (N/E) LIMITED 29 Jun 2012
    08124783 CLEARWATER SERVICES (UK) LIMITED 29 Jun 2012
    08106442 NULL CONNECTION LIMITED 14 Jun 2012

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