Tyne And Wear
Q1 2012 Business Confidence Report
Headlines
- February 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous February.
- January 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous January.
- February 2012 saw a new record in company closures in Tyne And Wear when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 1,396 companies were registered in Tyne And Wear during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 19.8% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Tyne And Wear UK 2012 1,396 131,491 2011 1,165 116,391 % change 19.8% 13.0% Record Year 2007 (1,401) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
February 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous February.
January 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous January.
New Companies by Month
January February March New companies in 2012 407 470 519 New companies in 2011 339 372 454 % change 20.1% 26.3% 14.3% Record Year 2012 (407) 2012 (470) 2007 (731)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 817 companies were dissolved in Tyne And Wear during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is a decrease of 5.7% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Tyne And Wear UK 2012 817 67,576 2011 866 90,986 % change -5.7% -25.7% Record Year 2011 (866) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
February 2012 saw a new record in company closures in Tyne And Wear when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2012 279 304 234 Closed companies in 2011 354 234 278 % change -21.2% 29.9% -16% Record Year 2011 (354) 2012 (304) 2009 (489)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2012)
Net company growth for Tyne And Wear during the first quarter of 2012 (Jan 2012 - Mar 2012) was 579 companies.
first quarter (Jan 2012 - Mar 2012) Tyne And Wear UK 2012 579 63,915 2011 299 25,405 Record Year 2007 (928) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 128 166 285 Net growth in 2011 -15 138 176 Record Year 2003 (182) 2007 (226) 2007 (533)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2012)
In the first quarter of 2012, Tyne And Wear formed 1.1% of all UK companies.
first quarter (Jan 2012 - Mar 2012) Tyne And Wear 2012 1.1% 2011 1.0% 2010 1.0% 2009 1.0% 2008 1.0% Record Year (since 1960) 1987 (1.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 1.0% 1.1% 1.1% UK formation share in 2011 1.0% 1.0% 1.0% % change 2.9% 8.1% 6.9% Record Year 1972 (1.6%) 1963 (2.2%) 1960 (1.9%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2012)
The average age of a director in the first quarter of 2012 was 43.6.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2012)
The record first quarter for female directors in Tyne And Wear was in 1861 when 40.0% of all directors were female.
26.4% of all director appointments in Tyne And Wear in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 2.22% CONSULTING 5.07% MANAGEMENT 2.13% MANAGEMENT 4.74% EAST 1.90% CONSULTANCY 3.30% (NE) 1.21% PROPERTY 2.37% PROPERTY 1.09% TRADING 2.07% ENGINEERING 1.07% DESIGN 1.93% DESIGN 1.02% ENGINEERING 1.86% CONSULTANCY 1.00% ASSOCIATES 1.84% CONSULTING 0.95% CONSULTANTS 1.79% ELECTRICAL 0.90% BUSINESS 1.73% COMMUNITY 0.81% MEDIA 1.72% TRAINING 0.81% CONSTRUCTION 1.72% (NORTH 0.76% LONDON 1.66% LEISURE 0.74% J 1.54% NEWCASTLE 0.72% INVESTMENTS 1.51% NE 0.72% GLOBAL 1.50% J 0.69% IT 1.40% EAST) 0.69% CARE 1.34% MEDIA 0.67% PROPERTIES 1.31% SECURITY 0.67% ELECTRICAL 1.27% POWERGRID 0.67% M 1.27% CONSULTANTS 0.67% BUILDING 1.24% M 0.62% ENERGY 1.20% NORTHERN 0.60% S 1.20% CARE 0.56% ENTERPRISES 1.19%
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 2,157 216,665 7487 - Other business activities 439 52,735 99999 - Dormant Company 228 25,084 82990 - Other business support service activities not elsewhere classified 222 35,233 9999 - Dormant Company 192 18,617 96090 - Other service activities not elsewhere classified 163 13,637 70229 - Management consultancy activities other than financial management 149 19,704 74909 - Other professional, scientific and technical activities not elsewhere classified 112 9,892 9305 - Other service activities 102 8,818 62020 - Information technology consultancy activities 96 14,303 7499 - Non-trading company 96 9,102 7260 - Other computer related activities 95 7,154 7414 - Business & management consultancy 95 12,113 74990 - Non-trading company 88 9,729 5530 - Restaurants 75 4,633 86900 - Other human health activities 72 5,066 62090 - Other information technology service activities 68 8,145 43999 - Other specialised construction activities not elsewhere classified 56 3,931 56302 - Public houses and bars 55 2,795 7222 - Other software consultancy and supply 53 6,934
Recent Companies
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Randomly selected companies from this quarter
reports
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