Redcar, North Yorkshire

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Redcar when compared to any year in history.
  • October 2012 saw a new record in company registrations in Redcar when compared to any previous October.
  • October 2012 saw a new record in company closures in Redcar 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 (2012)

    2012 was a record year for company registrations in Redcar when compared to any year in history.

    A total of 237 companies were formed in Redcar in 2012. This total is 3.9% higher than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearRedcarUK
    2012237491,893
    2011228452,870
    2010188400,358
    2009185362,675
    2008161349,203
    Record Year2012 (237)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 109 companies were formed in Redcar. This figure is 4.4% lower than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Redcar occurred in 2011 when a total of 114 were formed.

    Half Year (Jul-Dec)RedcarUK
    2012109238,743
    2011114224,135
    % change-4.4%6.5%
    Record Year2011 (114)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 49 companies were registered in Redcar during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 8.9% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)RedcarUK
    201249119,875
    201145109,623
    % change8.9%9.4%
    Record Year 2009 (60) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012231412
    New companies in 2011231210
    % change0.0%16.7%20.0%
    Record Year2011 (23)2010 (18)2009 (20)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 114 companies were dissolved in Redcar in 2012. This total is 11.6% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearRedcarUK
    2012114293,728
    2011129314,524
    2010120342,233
    2009163533,787
    200836237,873
    Record Year2009 (163)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 68 companies were dissolved in Redcar. This figure is 17.2% higher than last year, which compares badly to the UK wide change of -4.1%.

    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
    201268145,934
    201158152,213
    % change17.2%-4.1%
    Record Year2009 (86)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 36 companies were dissolved in Redcar during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 38.5% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)RedcarUK
    20123670,026
    20112679,983
    % change38.5%-12.4%
    Record Year 2009 (38) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Redcar when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012131013
    Closed companies in 20116128
    % change116.7%-16.7%63%
    Record Year2012 (13)2011 (12)2009 (14)

Net Company Growth

  1. Annual Data (2012)

    A total of 123 companies were added to the company register for Redcar in 2012. This number represents growth of 53.9% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 24 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
    2012123198,165
    201199138,346
    20106858,125
    200922-171,112
    2008125111,330
    Record Year2007 (180)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Redcar increased by 41 companies.

    Half Year (Jul-Dec)RedcarUK
    20124192,809
    20115671,922
    Record Year2008 (67)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Redcar during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 13 companies.

    fourth quarter (Oct 2012 - Dec 2012)RedcarUK
    20121349,849
    20111929,640
    Record Year 2008 (31) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012104-1
    Net growth in 20111702
    Record Year2011 (17)2008 (10)2003 (12)

UK Company Share

  1. Annual Data (2012)

    In 2012 Redcar formed 0.0% of all UK companies. This is a decline on 2011 when Redcar was responsible for 0.1% of all UK companies.

    YearRedcar
    20120.0%
    20110.1%
    20100.0%
    20090.1%
    20080.0%
    Record Year (since 1960)1964 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

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

    Half Year (Jul-Dec)Redcar
    20120.0%
    20110.1%
    20100.0%
    20090.1%
    20080.1%
    Record Year (since 1960) 1964 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Redcar
    20120.0%
    20110.0%
    20100.0%
    20090.1%
    20080.1%
    Record Year (since 1960) 1964 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.0%0.0%0.0%
    UK formation share in 20110.1%0.0%0.0%
    % change-16.0%10.7%16.8%
    Record Year1964 (0.1%)1964 (0.3%)1964 (0.1%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 42.7.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.3.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 44.3.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Redcar was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Redcar in 2012 was 32.0%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    20.5% of all director appointments in Redcar in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Redcar was in 1977 when 31.2% of all directors were female.

    29.0% of all director appointments in Redcar in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NE)2.43%CONSULTING5.15%
    S2.43%MANAGEMENT4.78%
    ENGINEERING2.21%CONSULTANCY3.31%
    CONSTRUCTION1.55%PROPERTY2.40%
    OFFSHORE1.55%TRADING2.03%
    INSPECTION1.33%DESIGN1.86%
    MANAGEMENT1.11%ASSOCIATES1.82%
    TEESSIDE1.11%ENGINEERING1.79%
    TRAINING1.11%BUSINESS1.76%
    J1.11%CONSULTANTS1.75%
    DESIGN0.88%CONSTRUCTION1.69%
    C0.88%LONDON1.69%
    NORTH0.88%MEDIA1.69%
    (N/E)0.88%GLOBAL1.59%
    M0.88%J1.57%
    G0.88%INVESTMENTS1.46%
    ACCESS0.88%IT1.43%
    LIFTING0.88%CARE1.39%
    DIRECT0.88%PROPERTIES1.34%
    L0.66%M1.26%
    EAST0.66%BUILDING1.23%
    H0.66%ENTERPRISES1.21%
    PROPERTIES0.66%TRAINING1.18%
    ELECTRICAL0.66%ELECTRICAL1.17%
    BY0.66%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied90236,139
    71129 - Other engineering activities433,763
    43999 - Other specialised construction activities not elsewhere classified226,419
    74909 - Other professional, scientific and technical activities not elsewhere classified2115,572
    96090 - Other service activities not elsewhere classified1422,058
    86900 - Other human health activities87,866
    82990 - Other business support service activities not elsewhere classified752,427
    7487 - Other business activities710,703
    43210 - Electrical installation75,304
    99999 - Dormant Company740,648
    71122 - Engineering related scientific and technical consulting activities62,019
    71200 - Technical testing and analysis6781
    68209 - Other letting and operating of own or leased real estate66,971
    45200 - Maintenance and repair of motor vehicles64,290
    96020 - Hairdressing and other beauty treatment54,759
    56302 - Public houses and bars54,543
    77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified4564
    55900 - Other accommodation4982
    62090 - Other information technology service activities412,291
    56101 - Licensed restaurants46,400

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    OC380701 MOOFOO LLP 04 Dec 2012
    08318953 LONDONDERRY ARMS VILLAGE SHOP LTD 05 Dec 2012
    08323248 A19 PROPERTIES LIMITED 07 Dec 2012
    08327418 MECHANICAL OFFSHORE SOLUTIONS LTD 11 Dec 2012
    08331307 APEX EVENTS & VENUE MANAGEMENT LTD 14 Dec 2012
    08333042 JTS MARINE SERVICES LIMITED 17 Dec 2012
    08337743 BRIDGES KAFFE LIMITED 20 Dec 2012
    08337969 RIDGEWAY PROPERTIES TEESSIDE LTD 20 Dec 2012
    08338678 PRINCESS RIVER CRUISES LTD 20 Dec 2012
    08339171 INSTINCTIVE DEVELOPMENT LIMITED 21 Dec 2012
    08342752 TERMINAL INK LTD 31 Dec 2012
    08342817 VIRTUALIA NETWORK LIMITED 31 Dec 2012

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