Redcar, North Yorkshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Redcar when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Redcar when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Redcar when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Redcar when compared to any quarter in history.
  • April 2014 saw a new record in company registrations in Redcar when compared to any previous April.
  • April 2014 was a record month for company registrations in Redcar when compared to any month in history.
  • The first half of 2014 saw a new record in company closures in Redcar when compared to any previous first half year.
  • The first half of 2014 saw a new record in net growth in Redcar when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in Redcar when compared to any half year in history.
  • April 2014 saw a new record in net growth in Redcar when compared to any previous April.
  • April 2014 was a record month for net growth in Redcar when compared to any month in history.

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 2014)

    The first half of 2014 saw a new record in company registrations in Redcar when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Redcar when compared to any half year in history.

    In the first half of 2014 a total of 204 companies were formed in Redcar. This figure is 12.7% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Redcar occurred in 2014 when a total of 204 were formed.

    Half Year (Jan-Jun)RedcarUK
    2014204300,731
    2013181269,432
    % change12.7%11.6%
    Record Year2014 (204)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Redcar when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Redcar when compared to any quarter in history.

    A total of 104 companies were registered in Redcar during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 10.6% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)RedcarUK
    2014104150,009
    201394134,630
    % change10.6%11.4%
    Record Year 2014 (104) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company registrations in Redcar when compared to any previous April.

    April 2014 was a record month for company registrations in Redcar when compared to any month in history.

    New Companies by Month
    AprilMayJune
    New companies in 2014483224
    New companies in 2013333427
    % change45.5%-5.9%-11.1%
    Record Year2014 (48)2013 (34)2013 (27)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company closures in Redcar when compared to any previous first half year.

    In the first half of 2014 a total of 85 companies were dissolved in Redcar. This figure is 21.4% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Redcar occurred in 2014 when a total of 85 were closed.

    Half Year (Jan-Jun)RedcarUK
    201485177,207
    201370155,192
    % change21.4%14.2%
    Record Year2014 (85)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 44 companies were dissolved in Redcar during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 18.9% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)RedcarUK
    20144494,837
    20133777,278
    % change18.9%22.7%
    Record Year 2009 (53) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014112112
    Closed companies in 2013101710
    % change10.0%23.5%20%
    Record Year2009 (14)2009 (23)2009 (16)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in Redcar when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in Redcar when compared to any half year in history.

    In the first half of 2014 the company register for Redcar increased by 119 companies.

    Half Year (Jan-Jun)RedcarUK
    2014119123,524
    2013111114,240
    Record Year2014 (119)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Redcar during the second quarter of 2014 (Apr 2014 - Jun 2014) was 60 companies.

    second quarter (Apr 2014 - Jun 2014)RedcarUK
    20146055,172
    20135757,352
    Record Year 2014 (60) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Redcar when compared to any previous April.

    April 2014 was a record month for net growth in Redcar when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 2014371112
    Net growth in 2013231717
    Record Year2014 (37)2013 (17)2013 (17)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Redcar formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Redcar
    20140.1%
    20130.1%
    20120.1%
    20110.0%
    20100.1%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Redcar formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Redcar
    20140.1%
    20130.1%
    20120.0%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change31.2%-13.0%-23.0%
    Record Year2014 (0.1%)2013 (0.1%)1992 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 43.6.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.1.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Redcar was 2005 when 39.3% of all directors were female.

    23.3% of all director appointments in Redcar in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Redcar was in 2005 when 40.0% of all directors were female.

    19.6% of all director appointments in Redcar in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NE)4.64%CONSULTING5.16%
    ENGINEERING3.04%MANAGEMENT4.64%
    INSPECTION2.72%CONSULTANCY3.50%
    RIGGING1.92%PROPERTY2.66%
    (TEESSIDE)1.44%TRADING2.03%
    NE1.44%ENGINEERING1.99%
    CONSTRUCTION1.28%CONSTRUCTION1.93%
    OFFSHORE1.28%LONDON1.93%
    CONSULTANTS0.96%CARE1.85%
    REDCAR0.96%DESIGN1.75%
    LIFTING0.96%CONSULTANTS1.73%
    P0.96%BUSINESS1.69%
    M0.80%PROPERTIES1.63%
    ACCESS0.80%TRANSPORT1.58%
    CONSULTANCY0.80%GLOBAL1.55%
    MECHANICAL0.80%INVESTMENTS1.55%
    L0.80%J1.51%
    ROPE0.80%ASSOCIATES1.48%
    C0.80%MEDIA1.44%
    TECHNICAL0.80%ELECTRICAL1.40%
    PROPERTY0.64%IT1.33%
    SAFETY0.64%DEVELOPMENTS1.33%
    EAST0.64%BUILDING1.26%
    TEESSIDE0.64%M1.24%
    D0.64%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied125261,557
    74909 - Other professional, scientific and technical activities not elsewhere classified8219,058
    43999 - Other specialised construction activities not elsewhere classified348,533
    71129 - Other engineering activities265,787
    96090 - Other service activities not elsewhere classified1928,352
    99999 - Dormant Company1848,436
    82990 - Other business support service activities not elsewhere classified1157,421
    70229 - Management consultancy activities other than financial management940,250
    71200 - Technical testing and analysis71,032
    43210 - Electrical installation66,050
    86900 - Other human health activities611,292
    49410 - Freight transport by road69,265
    96020 - Hairdressing and other beauty treatment66,631
    45112 - Sale of used cars and light motor vehicles63,392
    71122 - Engineering related scientific and technical consulting activities63,165
    68209 - Other letting and operating of own or leased real estate610,133
    62020 - Information technology consultancy activities629,029
    90010 - Performing arts62,443
    56101 - Licensed restaurants58,585
    56302 - Public houses and bars56,099

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09019954 MJ PIPEWORK LTD 01 May 2014
    09021162 JH MECHANICAL SERVICES TEESSIDE LTD 01 May 2014
    09021611 PL RIGGING SERVICES NE LTD 01 May 2014
    09021677 HARRINGTON ROAD 1981 LIMITED 01 May 2014
    09022237 MIKE MCKENNAS AUTO CENTRE LTD 01 May 2014
    09023000 CDF ENGINEERING SOLUTIONS LTD 02 May 2014
    09028876 L P R ENGINEERING (GB) LIMITED 07 May 2014
    09036975 MT SUBSEA LTD 13 May 2014
    09038116 J.A.P. FABRICATIONS LTD 13 May 2014
    09038373 PRAGMARISK LIMITED 13 May 2014
    09040608 CONCERT DRINKERS LTD 15 May 2014
    09040910 AGR DECOMMISSIONING LIMITED 15 May 2014
    09049928 EPIVALENCE LTD 21 May 2014
    09054932 SH SPORTS LTD 23 May 2014
    09057716 OCEAN KJH LTD 27 May 2014
    09058813 TS11 LIMITED 27 May 2014
    OC393404 KEEGAN BROTHERS LLP 28 May 2014
    09059249 PCAA OFFSHORE SERVICES LIMITED 28 May 2014
    09059573 MNH LEADERSHIP SOLUTIONS LIMITED 28 May 2014
    09060193 CHOICE PROPERTY NE LIMITED 28 May 2014
    09063030 JR HIRE LIMITED 30 May 2014
    09063092 TAZ (NORTH EAST) LIMITED 30 May 2014
    09064002 ODB RIGGING SERVICES LTD 30 May 2014
    09024261 WESTEM LIMITED 06 May 2014
    09026919 CONCEPT CUBICLES LIMITED 07 May 2014

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