Tyne And Wear

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Tyne And Wear when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous second half year.
  • November 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous November.
  • October 2012 saw a new record in company closures in Tyne And Wear when compared to any previous October.
  • December 2012 saw a new record in net growth in Tyne And Wear when compared to any previous December.

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 Tyne And Wear when compared to any year in history.

    A total of 5,092 companies were formed in Tyne And Wear in 2012. This total is 8.7% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearTyne And WearUK
    20125,092491,893
    20114,683452,870
    20104,048400,358
    20093,666362,675
    20083,463349,203
    Record Year2012 (5,092)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous second half year.

    In the second half of 2012 a total of 2,397 companies were formed in Tyne And Wear. This figure is 1.1% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Tyne And Wear occurred in 2012 when a total of 2,397 were formed.

    Half Year (Jul-Dec)Tyne And WearUK
    20122,397238,743
    20112,372224,135
    % change1.1%6.5%
    Record Year2012 (2,397)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 1,141 companies were registered in Tyne And Wear during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 5.9% versus the same period last year (Q4 2011). This figure compares badly 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)Tyne And WearUK
    20121,141119,875
    20111,213109,623
    % change-5.9%9.4%
    Record Year 2011 (1,213) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in company registrations in Tyne And Wear when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012434403304
    New companies in 2011536372305
    % change-19.0%8.3%-0.3%
    Record Year2011 (536)2012 (403)2011 (305)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 3,193 companies were dissolved in Tyne And Wear in 2012. This total is 1.2% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearTyne And WearUK
    20123,193293,728
    20113,233314,524
    20103,211342,233
    20094,171533,787
    20081,769237,873
    Record Year2009 (4,171)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 1,553 companies were dissolved in Tyne And Wear. This figure is 11.6% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Tyne And Wear occurred in 2009 when a total of 1,806 were closed.

    Half Year (Jul-Dec)Tyne And WearUK
    20121,553145,934
    20111,756152,213
    % change-11.6%-4.1%
    Record Year2009 (1,806)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 724 companies were dissolved in Tyne And Wear during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 25.8% versus the same period last year (Q4 2011). This figure compares well 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)Tyne And WearUK
    201272470,026
    201197679,983
    % change-25.8%-12.4%
    Record Year 2011 (976) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Tyne And Wear when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012330259135
    Closed companies in 2011255391330
    % change29.4%-33.8%-59%
    Record Year2012 (330)2011 (391)2011 (330)

Net Company Growth

  1. Annual Data (2012)

    A total of 1,899 companies were added to the company register for Tyne And Wear in 2012. This number represents growth of 40.6% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 449 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Tyne And Wear company register grew by 2,324 companies.

    YearTyne And WearUK
    20121,899198,165
    20111,450138,346
    201083758,125
    2009-505-171,112
    20081,694111,330
    Record Year2003 (2,324)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Tyne And Wear increased by 844 companies.

    Half Year (Jul-Dec)Tyne And WearUK
    201284492,809
    201161671,922
    Record Year2003 (1,096)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Tyne And Wear during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 417 companies.

    fourth quarter (Oct 2012 - Dec 2012)Tyne And WearUK
    201241749,849
    201123729,640
    Record Year 2003 (539) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    December 2012 saw a new record in net growth in Tyne And Wear when compared to any previous December.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012104144169
    Net growth in 2011281-19-25
    Record Year2011 (281)2008 (148)2012 (169)

UK Company Share

  1. Annual Data (2012)

    In 2012 Tyne And Wear formed 1.0% of all UK companies. This is no change on 2011 when Tyne And Wear was responsible for 1.0% of all UK companies.

    YearTyne And Wear
    20121.0%
    20111.0%
    20101.0%
    20091.0%
    20081.0%
    Record Year (since 1960)1963 (1.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Tyne And Wear formed 1.0% of all UK companies. This is less than the 2011 figure of 1.1%.

    Half Year (Jul-Dec)Tyne And Wear
    20121.0%
    20111.1%
    20101.0%
    20091.0%
    20081.0%
    Record Year (since 1960) 1961 (1.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Tyne And Wear formed 1.0% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Tyne And Wear
    20121.0%
    20111.1%
    20101.0%
    20091.0%
    20081.1%
    Record Year (since 1960) 1961 (1.7%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.9%1.0%1.0%
    UK formation share in 20111.4%0.9%1.0%
    % change-32.0%3.1%-3.0%
    Record Year1980 (1.7%)1961 (1.9%)1987 (1.6%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.6.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.6% 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 42.6.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.7% 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 43.0.

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

    The percentage of directors over the age of 65 was 4.5% 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 Tyne And Wear was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Tyne And Wear 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 Tyne And Wear was 1860 when 42.9% of all directors were female.

    23.9% of all director appointments in Tyne And Wear 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 Tyne And Wear was in 1977 when 31.2% of all directors were female.

    24.2% of all director appointments in Tyne And Wear 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
    NORTH2.39%CONSULTING5.15%
    MANAGEMENT2.32%MANAGEMENT4.78%
    EAST2.03%CONSULTANCY3.31%
    (NE)1.43%PROPERTY2.40%
    PROPERTY1.35%TRADING2.03%
    ENGINEERING1.25%DESIGN1.86%
    ELECTRICAL0.97%ASSOCIATES1.82%
    CONSULTING0.94%ENGINEERING1.79%
    CONSULTANCY0.77%BUSINESS1.76%
    LEISURE0.75%CONSULTANTS1.75%
    TRAINING0.72%CONSTRUCTION1.69%
    DESIGN0.72%LONDON1.69%
    J0.72%MEDIA1.69%
    NE0.70%GLOBAL1.59%
    EAST)0.68%J1.57%
    (NORTH0.67%INVESTMENTS1.46%
    MEDIA0.67%IT1.43%
    NEWCASTLE0.67%CARE1.39%
    TRADING0.65%PROPERTIES1.34%
    IT0.63%M1.26%
    COMMUNITY0.63%BUILDING1.23%
    CONSULTANTS0.63%ENTERPRISES1.21%
    ASSOCIATES0.63%TRAINING1.18%
    CARE0.61%ELECTRICAL1.17%
    BUILDING0.61%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,284236,139
    99999 - Dormant Company52840,648
    82990 - Other business support service activities not elsewhere classified32552,427
    96090 - Other service activities not elsewhere classified28922,058
    70229 - Management consultancy activities other than financial management23730,396
    62020 - Information technology consultancy activities17823,256
    74909 - Other professional, scientific and technical activities not elsewhere classified16215,572
    74990 - Non-trading company12413,808
    56101 - Licensed restaurants1106,400
    43999 - Other specialised construction activities not elsewhere classified996,419
    62090 - Other information technology service activities9512,291
    86900 - Other human health activities957,866
    7487 - Other business activities8610,703
    43210 - Electrical installation805,304
    56302 - Public houses and bars784,543
    56103 - Take-away food shops and mobile food stands785,132
    68209 - Other letting and operating of own or leased real estate776,971
    62012 - Business and domestic software development767,446
    41100 - Development of building projects747,980
    69201 - Accounting and auditing activities706,177

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08237911 K T TECHNICAL SERVICES LIMITED 03 Oct 2012
    08239029 SCOTT CONSULTANTS (NORTH EAST) LIMITED 03 Oct 2012
    08267077 CLIFF'S TRAVEL LIMITED 24 Oct 2012
    08268436 ICARUS CONCERN LTD 25 Oct 2012
    08271241 LITTLE WINDOWS & DOORS LTD 29 Oct 2012
    08272185 LAMBTON FABRICATION LTD 29 Oct 2012
    08273301 PHARMACY CARE 4 U LIMITED 30 Oct 2012
    08243628 EVOLVE SYSTEMS LIMITED 08 Oct 2012
    08246847 NEON CATERING LTD 10 Oct 2012
    08248911 PARABOLA INDUSTRIAL ESTATES LIMITED 11 Oct 2012
    08253903 I AM SMOKIN LIMITED 15 Oct 2012
    08261445 RIDLEY LEISURE LTD 19 Oct 2012
    08268426 INEX MICROTECHNOLOGY LIMITED 25 Oct 2012
    08275595 LITTLEGEM BEAUTY LTD 31 Oct 2012
    08236642 HARVARD ACCOUNTANTS LIMITED 02 Oct 2012
    08240264 QUEST HANDAYE LIMITED 04 Oct 2012
    08252055 BANDICOOT THEATRE COMPANY LTD 12 Oct 2012
    08252730 EASTER PARK CRAMLINGTON MANAGEMENT COMPANY LIMITED 15 Oct 2012
    08254459 12 AKENSIDE TERRACE MANAGEMENT COMPANY LIMITED 16 Oct 2012
    08260836 KNW PARTNERSHIP LIMITED 19 Oct 2012
    OC379129 INSPIRING ENVIRONMENTS LLP 09 Oct 2012
    08247700 M&A MECH SOLUTIONS LIMITED 10 Oct 2012
    08249709 THE MEDICAL FIRM LIMITED 11 Oct 2012
    08252829 INSPIRE KITCHENS LTD 15 Oct 2012
    08256963 NAVAHO COFFEE LIMITED 17 Oct 2012