Tyne And Wear

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Tyne And Wear when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Tyne And Wear when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Tyne And Wear when compared to any previous Q4.
  • October 2014 saw a new record in company registrations in Tyne And Wear when compared to any previous October.
  • The second half of 2014 saw a new record in company closures in Tyne And Wear when compared to any previous second half year.
  • December 2014 saw a new record in company closures 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 (2014)

    2014 was a record year for company registrations in Tyne And Wear when compared to any year in history.

    A total of 5,919 companies were formed in Tyne And Wear in 2014. This total is 7.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearTyne And WearUK
    20145,919582,051
    20135,486529,363
    20125,091491,893
    20114,683452,870
    20104,048400,358
    Record Year2014 (5,919)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Tyne And Wear when compared to any previous second half year.

    In the second half of 2014 a total of 2,860 companies were formed in Tyne And Wear. This figure is 6.3% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Tyne And Wear occurred in 2014 when a total of 2,860 were formed.

    Half Year (Jul-Dec)Tyne And WearUK
    20142,860281,320
    20132,690259,931
    % change6.3%8.2%
    Record Year2014 (2,860)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Tyne And Wear when compared to any previous Q4.

    A total of 1,366 companies were registered in Tyne And Wear during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 4.9% 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)Tyne And WearUK
    20141,366137,906
    20131,302127,247
    % change4.9%8.4%
    Record Year 2014 (1,366) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Tyne And Wear when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014567459340
    New companies in 2013489460353
    % change16.0%-0.2%-3.7%
    Record Year2014 (567)2013 (460)2013 (353)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 3,876 companies were dissolved in Tyne And Wear in 2014. This total is 6.5% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearTyne And WearUK
    20143,876367,937
    20133,640332,213
    20123,193293,729
    20113,233314,524
    20103,211342,233
    Record Year2009 (4,171)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Tyne And Wear when compared to any previous second half year.

    In the second half of 2014 a total of 2,001 companies were dissolved in Tyne And Wear. This figure is 8.9% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Tyne And Wear occurred in 2014 when a total of 2,001 were closed.

    Half Year (Jul-Dec)Tyne And WearUK
    20142,001190,730
    20131,837177,021
    % change8.9%7.7%
    Record Year2014 (2,001)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 955 companies were dissolved in Tyne And Wear during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 7.9% versus the same period last year (Q4 2013). This figure compares poorly 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)Tyne And WearUK
    201495589,060
    201388590,851
    % change7.9%-2.0%
    Record Year 2011 (976) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Tyne And Wear when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014302305348
    Closed companies in 2013349251285
    % change-13.5%21.5%22%
    Record Year2013 (349)2011 (391)2014 (348)

Net Company Growth

  1. Annual Data (2014)

    A total of 2,043 companies were added to the company register for Tyne And Wear in 2014. This number represents growth of 34.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 197 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Tyne And Wear company register grew by 2,267 companies.

    YearTyne And WearUK
    20142,043214,114
    20131,846197,150
    20121,898198,164
    20111,450138,346
    201083758,125
    Record Year2007 (2,267)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Tyne And Wear increased by 859 companies.

    Half Year (Jul-Dec)Tyne And WearUK
    201485990,590
    201385382,910
    Record Year2003 (1,096)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Tyne And Wear during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 411 companies.

    fourth quarter (Oct 2014 - Dec 2014)Tyne And WearUK
    201441148,846
    201341736,396
    Record Year 2008 (419) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014265154-8
    Net growth in 201314020968
    Record Year2011 (281)2013 (209)2012 (168)

UK Company Share

  1. Annual Data (2014)

    In 2014 Tyne And Wear formed 1.0% of all UK companies. This is no change on 2013 when Tyne And Wear was responsible for 1.0% of all UK companies.

    YearTyne And Wear
    20141.0%
    20131.0%
    20121.0%
    20111.0%
    20101.0%
    Record Year (since 1960)1990 (1.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Tyne And Wear formed 1.0% of all UK companies. This is the same as the 2013 figure of 1.0%.

    Half Year (Jul-Dec)Tyne And Wear
    20141.0%
    20131.0%
    20121.0%
    20111.1%
    20101.0%
    Record Year (since 1960) 1990 (1.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Tyne And Wear formed 1.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Tyne And Wear
    20141.0%
    20131.0%
    20121.0%
    20111.1%
    20101.0%
    Record Year (since 1960) 1990 (1.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.1%1.0%0.8%
    UK formation share in 20131.0%1.1%1.0%
    % change10.3%-5.3%-17.6%
    Record Year2011 (1.4%)1990 (1.3%)1990 (1.4%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.4.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 42.9.

    The percentage of directors under the age of 25 was 3.6% 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 42.8.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Tyne And Wear was 1990 when 33.9% of all directors were female.

    The percentage of female directors in Tyne And Wear in 2014 was 25.5%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Tyne And Wear was 2007 when 29.5% of all directors were female.

    27.3% of all director appointments in Tyne And Wear 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Tyne And Wear was in 2007 when 30.0% of all directors were female.

    27.3% of all director appointments in Tyne And Wear 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

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

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

    wordpercentageuk worduk percentage
    NORTH2.27%CONSULTING5.22%
    MANAGEMENT1.98%MANAGEMENT4.58%
    EAST1.90%CONSULTANCY3.57%
    (NE)1.19%PROPERTY2.66%
    CONSULTANCY1.16%CONSTRUCTION2.12%
    ENGINEERING1.10%ENGINEERING2.10%
    NE1.09%CARE2.02%
    CONSULTING1.09%TRADING1.94%
    PROPERTY1.03%LONDON1.93%
    ELECTRICAL0.98%TRANSPORT1.93%
    D0.92%DESIGN1.66%
    NEWCASTLE0.88%CONSULTANTS1.64%
    LEISURE0.88%ELECTRICAL1.62%
    CARE0.83%PROPERTIES1.62%
    (NORTH0.83%BUSINESS1.56%
    EAST)0.77%J1.54%
    BUSINESS0.71%CO.,1.50%
    J0.71%GLOBAL1.49%
    M0.70%INVESTMENTS1.48%
    CONSTRUCTION0.70%ASSOCIATES1.47%
    PROPERTIES0.68%DEVELOPMENTS1.35%
    DEVELOPMENTS0.65%MEDIA1.33%
    IT0.65%IT1.31%
    COMMUNITY0.64%BUILDING1.29%
    S0.64%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,755265,608
    99999 - Dormant Company41948,509
    96090 - Other service activities not elsewhere classified38729,009
    82990 - Other business support service activities not elsewhere classified32758,068
    70229 - Management consultancy activities other than financial management29642,290
    74909 - Other professional, scientific and technical activities not elsewhere classified22319,049
    62020 - Information technology consultancy activities20730,178
    56103 - Take-away food shops and mobile food stands1968,318
    43999 - Other specialised construction activities not elsewhere classified1638,761
    56101 - Licensed restaurants1548,782
    86900 - Other human health activities13012,976
    68209 - Other letting and operating of own or leased real estate12711,212
    56302 - Public houses and bars1106,285
    74990 - Non-trading company11013,984
    41100 - Development of building projects10911,397
    96020 - Hairdressing and other beauty treatment1066,742
    85590 - Other education not elsewhere classified1046,206
    68320 - Management of real estate on a fee or contract basis976,010
    71129 - Other engineering activities946,132
    43210 - Electrical installation925,985

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09249188 EVOLVE DATA SOLUTIONS LTD 06 Oct 2014
    09254524 RIVERSIDE ROOFING CONTRACTORS LTD 08 Oct 2014
    09265275 D PARSONS ACCOUNTANCY LTD 15 Oct 2014
    09280672 ELLESMERE CLOSE 1967 LIMITED 27 Oct 2014
    09263397 CREATIVE TELEMATIC HOLDINGS LTD 14 Oct 2014
    09243690 TAX RECLAIM AGENTS LTD 01 Oct 2014
    09244487 HUSSIEN LTD 01 Oct 2014
    09244530 UK LAND INVESTMENTS LIMITED 01 Oct 2014
    09244631 GREG GENERAL BUILDING SERVICES LTD 01 Oct 2014
    09244758 CIESIELSKA LTD 02 Oct 2014
    09245195 TIMEC 1474 LIMITED 02 Oct 2014
    09246707 CARDIOPROOF CIC 02 Oct 2014
    09246871 WHBC LTD 02 Oct 2014
    09253692 QUAYSIDE 3 LIMITED 08 Oct 2014
    09253781 MIGHTY BITE TYNE LTD 08 Oct 2014
    09254071 QUAYSIDE NEWS 5 LIMITED 08 Oct 2014
    09261884 DRAGON CITY NEWCASTLE LIMITED 13 Oct 2014
    09263262 NUMBER 18 LTD 14 Oct 2014
    09265702 PHOENIX PROMOTIONS (NE) LTD 15 Oct 2014
    09265912 CROWTEL LTD 15 Oct 2014
    09269578 MALUGA CONSULTING LTD 17 Oct 2014
    09281542 KONRAD BUILDING SERVICES LIMITED 27 Oct 2014
    09283025 COMBO CREDIT ENTERPRISE LIMITED 27 Oct 2014
    09273196 OCTAVE EVENTS LIMITED 21 Oct 2014
    OC395778 NEWCASTLE CARDIOVASCULAR CLINIC LLP 08 Oct 2014