Redcar, North Yorkshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Redcar when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Redcar when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Redcar when compared to any previous Q4.
- October 2014 saw a new record in company registrations in Redcar when compared to any previous October.
- 2014 was a record year for company closures in Redcar when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Redcar when compared to any previous second half year.
- The second half of 2014 was a record second half year for company closures in Redcar when compared to any half year in history.
- 2014 was a record year for net growth in Redcar when compared to any year in history.
- October 2014 saw a new record in net growth in Redcar when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Redcar when compared to any year in history.
A total of 376 companies were formed in Redcar in 2014. This total is 12.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Redcar UK 2014 376 582,051 2013 335 529,363 2012 237 491,893 2011 228 452,870 2010 188 400,358 Record Year 2014 (376) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Redcar when compared to any previous second half year.
In the second half of 2014 a total of 172 companies were formed in Redcar. This figure is 11.7% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Redcar occurred in 2014 when a total of 172 were formed.
Half Year (Jul-Dec) Redcar UK 2014 172 281,320 2013 154 259,931 % change 11.7% 8.2% Record Year 2014 (172) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Redcar when compared to any previous Q4.
A total of 73 companies were registered in Redcar during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 1.4% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Redcar UK 2014 73 137,906 2013 72 127,247 % change 1.4% 8.4% Record Year 2014 (73) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in Redcar when compared to any previous October.
New Companies by Month
October November December New companies in 2014 33 23 17 New companies in 2013 27 32 13 % change 22.2% -28.1% 30.8% Record Year 2014 (33) 2013 (32) 2009 (20)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Redcar when compared to any year in history.
A total of 179 companies were dissolved in Redcar in 2014. This total is 24.3% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Redcar UK 2014 179 367,937 2013 144 332,213 2012 114 293,729 2011 129 314,524 2010 120 342,233 Record Year 2014 (179) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Redcar when compared to any previous second half year.
The second half of 2014 was a record second half year for company closures in Redcar when compared to any half year in history.
In the second half of 2014 a total of 94 companies were dissolved in Redcar. This figure is 27.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Redcar occurred in 2014 when a total of 94 were closed.
Half Year (Jul-Dec) Redcar UK 2014 94 190,730 2013 74 177,021 % change 27.0% 7.7% Record Year 2014 (94) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 33 companies were dissolved in Redcar during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 31.3% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Redcar UK 2014 33 89,060 2013 48 90,851 % change -31.3% -2.0% Record Year 2013 (48) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 14 10 9 Closed companies in 2013 19 17 12 % change -26.3% -41.2% -25% Record Year 2013 (19) 2013 (17) 2009 (14)
Net Company Growth
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Annual Data (2014)
2014 was a record year for net growth in Redcar when compared to any year in history.
A total of 197 companies were added to the company register for Redcar in 2014. This number represents growth of 52.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 6 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Redcar company register grew by 197 companies.
Year Redcar UK 2014 197 214,114 2013 191 197,150 2012 123 198,164 2011 99 138,346 2010 68 58,125 Record Year 2014 (197) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Redcar increased by 78 companies.
Half Year (Jul-Dec) Redcar UK 2014 78 90,590 2013 80 82,910 Record Year 2013 (80) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Redcar during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 40 companies.
fourth quarter (Oct 2014 - Dec 2014) Redcar UK 2014 40 48,846 2013 24 36,396 Record Year 2014 (40) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Redcar when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 19 13 8 Net growth in 2013 8 15 1 Record Year 2014 (19) 2013 (15) 2003 (12)
UK Company Share
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Annual Data (2014)
In 2014 Redcar formed 0.1% of all UK companies. This is no change on 2013 when Redcar was responsible for 0.1% of all UK companies.
Year Redcar 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.1% 2010 0.0% Record Year (since 1960) 2014 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Redcar formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Redcar 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.1% 2010 0.0% Record Year (since 1960) 2014 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Redcar formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Redcar 2014 0.1% 2013 0.1% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2009 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.0% UK formation share in 2013 0.1% 0.1% 0.0% % change 16.1% -31.7% 12.0% Record Year 2009 (0.1%) 2013 (0.1%) 2009 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.6.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.5.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.2.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Redcar was 1988 when 50.0% of all directors were female.
The percentage of female directors in Redcar in 2014 was 24.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Redcar was 2005 when 30.2% of all directors were female.
25.5% of all director appointments in Redcar in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Redcar was in 2012 when 29.9% of all directors were female.
22.6% of all director appointments in Redcar in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NE) 5.05% CONSULTING 5.22% ENGINEERING 2.76% MANAGEMENT 4.58% INSPECTION 1.84% CONSULTANCY 3.57% RIGGING 1.68% PROPERTY 2.66% DEVELOPMENTS 0.92% CONSTRUCTION 2.12% NE 0.92% ENGINEERING 2.10% PROPERTIES 0.92% CARE 2.02% REDCAR 0.92% TRADING 1.94% WELDING 0.92% LONDON 1.93% S 0.92% TRANSPORT 1.93% CONSULTANCY 0.92% DESIGN 1.66% LIFTING 0.92% CONSULTANTS 1.64% L 0.92% ELECTRICAL 1.62% J 0.92% PROPERTIES 1.62% TEESSIDE 0.92% BUSINESS 1.56% EAST 0.77% J 1.54% NORTH 0.77% CO., 1.50% OFFSHORE 0.77% GLOBAL 1.49% M 0.77% INVESTMENTS 1.48% CARS 0.77% ASSOCIATES 1.47% EVENTS 0.77% DEVELOPMENTS 1.35% CONSTRUCTION 0.77% MEDIA 1.33% ROPE 0.77% IT 1.31% ACCESS 0.77% BUILDING 1.29% BROWN 0.61% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 129 265,608 74909 - Other professional, scientific and technical activities not elsewhere classified 99 19,049 43999 - Other specialised construction activities not elsewhere classified 34 8,761 96090 - Other service activities not elsewhere classified 22 29,009 70229 - Management consultancy activities other than financial management 17 42,290 99999 - Dormant Company 17 48,509 71129 - Other engineering activities 16 6,132 71200 - Technical testing and analysis 12 1,132 96020 - Hairdressing and other beauty treatment 11 6,742 82990 - Other business support service activities not elsewhere classified 11 58,068 47990 - Other retail sale not in stores, stalls or markets 10 6,452 56103 - Take-away food shops and mobile food stands 7 8,318 68209 - Other letting and operating of own or leased real estate 6 11,212 62020 - Information technology consultancy activities 6 30,178 47190 - Other retail sale in non-specialised stores 5 3,802 45112 - Sale of used cars and light motor vehicles 5 3,562 56302 - Public houses and bars 5 6,285 41100 - Development of building projects 5 11,397 49410 - Freight transport by road 5 10,842 86900 - Other human health activities 5 12,976
Recent Companies
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Randomly selected companies from this quarter
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