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
New Company Registrations
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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.
Year Tyne And Wear UK 2014 5,919 582,051 2013 5,486 529,363 2012 5,091 491,893 2011 4,683 452,870 2010 4,048 400,358 Record Year 2014 (5,919) 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 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 Wear UK 2014 2,860 281,320 2013 2,690 259,931 % change 6.3% 8.2% Record Year 2014 (2,860) 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 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 Wear UK 2014 1,366 137,906 2013 1,302 127,247 % change 4.9% 8.4% Record Year 2014 (1,366) 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 Tyne And Wear when compared to any previous October.
New Companies by Month
October November December New companies in 2014 567 459 340 New companies in 2013 489 460 353 % change 16.0% -0.2% -3.7% Record Year 2014 (567) 2013 (460) 2013 (353)
Closed Companies (dissolved)
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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.
Year Tyne And Wear UK 2014 3,876 367,937 2013 3,640 332,213 2012 3,193 293,729 2011 3,233 314,524 2010 3,211 342,233 Record Year 2009 (4,171) 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 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 Wear UK 2014 2,001 190,730 2013 1,837 177,021 % change 8.9% 7.7% Record Year 2014 (2,001) 2009 (244,544) Dissolved Companies by Half Year
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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 Wear UK 2014 955 89,060 2013 885 90,851 % change 7.9% -2.0% Record Year 2011 (976) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 302 305 348 Closed companies in 2013 349 251 285 % change -13.5% 21.5% 22% Record Year 2013 (349) 2011 (391) 2014 (348)
Net Company Growth
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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.
Year Tyne And Wear UK 2014 2,043 214,114 2013 1,846 197,150 2012 1,898 198,164 2011 1,450 138,346 2010 837 58,125 Record Year 2007 (2,267) 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 Tyne And Wear increased by 859 companies.
Half Year (Jul-Dec) Tyne And Wear UK 2014 859 90,590 2013 853 82,910 Record Year 2003 (1,096) 2003 (117,772) Net Growth by Half Year
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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 Wear UK 2014 411 48,846 2013 417 36,396 Record Year 2008 (419) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 265 154 -8 Net growth in 2013 140 209 68 Record Year 2011 (281) 2013 (209) 2012 (168)
UK Company Share
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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.
Year Tyne And Wear 2014 1.0% 2013 1.0% 2012 1.0% 2011 1.0% 2010 1.0% Record Year (since 1960) 1990 (1.0%) Company Share by Year
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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 2014 1.0% 2013 1.0% 2012 1.0% 2011 1.1% 2010 1.0% Record Year (since 1960) 1990 (1.1%) Company Share by Half Year
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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 2014 1.0% 2013 1.0% 2012 1.0% 2011 1.1% 2010 1.0% Record Year (since 1960) 1990 (1.1%) 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 1.1% 1.0% 0.8% UK formation share in 2013 1.0% 1.1% 1.0% % change 10.3% -5.3% -17.6% Record Year 2011 (1.4%) 1990 (1.3%) 1990 (1.4%)
Director Age
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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
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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
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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
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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
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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
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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
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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 NORTH 2.27% CONSULTING 5.22% MANAGEMENT 1.98% MANAGEMENT 4.58% EAST 1.90% CONSULTANCY 3.57% (NE) 1.19% PROPERTY 2.66% CONSULTANCY 1.16% CONSTRUCTION 2.12% ENGINEERING 1.10% ENGINEERING 2.10% NE 1.09% CARE 2.02% CONSULTING 1.09% TRADING 1.94% PROPERTY 1.03% LONDON 1.93% ELECTRICAL 0.98% TRANSPORT 1.93% D 0.92% DESIGN 1.66% NEWCASTLE 0.88% CONSULTANTS 1.64% LEISURE 0.88% ELECTRICAL 1.62% CARE 0.83% PROPERTIES 1.62% (NORTH 0.83% BUSINESS 1.56% EAST) 0.77% J 1.54% BUSINESS 0.71% CO., 1.50% J 0.71% GLOBAL 1.49% M 0.70% INVESTMENTS 1.48% CONSTRUCTION 0.70% ASSOCIATES 1.47% PROPERTIES 0.68% DEVELOPMENTS 1.35% DEVELOPMENTS 0.65% MEDIA 1.33% IT 0.65% IT 1.31% COMMUNITY 0.64% BUILDING 1.29% S 0.64% 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 2,755 265,608 99999 - Dormant Company 419 48,509 96090 - Other service activities not elsewhere classified 387 29,009 82990 - Other business support service activities not elsewhere classified 327 58,068 70229 - Management consultancy activities other than financial management 296 42,290 74909 - Other professional, scientific and technical activities not elsewhere classified 223 19,049 62020 - Information technology consultancy activities 207 30,178 56103 - Take-away food shops and mobile food stands 196 8,318 43999 - Other specialised construction activities not elsewhere classified 163 8,761 56101 - Licensed restaurants 154 8,782 86900 - Other human health activities 130 12,976 68209 - Other letting and operating of own or leased real estate 127 11,212 56302 - Public houses and bars 110 6,285 74990 - Non-trading company 110 13,984 41100 - Development of building projects 109 11,397 96020 - Hairdressing and other beauty treatment 106 6,742 85590 - Other education not elsewhere classified 104 6,206 68320 - Management of real estate on a fee or contract basis 97 6,010 71129 - Other engineering activities 94 6,132 43210 - Electrical installation 92 5,985
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09366389 THE FOOTY CLUB LIMITED 23 Dec 2014 OC396832 PRUDHOE ESTATES LLP 01 Dec 2014 09336987 M-HEALTH DISCOVERY LTD 02 Dec 2014 09339217 FINSBURY CO. LTD 03 Dec 2014 09350470 BCHARMD LIMITED 11 Dec 2014 09351440 PETER COYNE INDEPENDENT FUNERAL SERVICE LIMITED 11 Dec 2014 09354416 CREDIT DIRECT LTD 15 Dec 2014 09355584 BEN BURGESS BEESTON LIMITED 15 Dec 2014 09357691 SKIRCOAT GREEN PRACTICE LTD 16 Dec 2014 09358090 HS EVENTS (T&W) LIMITED 17 Dec 2014 09362047 HUALIN LIMITED 19 Dec 2014 09362365 ARROGEN SUPRANANO LIMITED 19 Dec 2014 09362983 NORTH EAST TRANSFERABLE SKILLS CIC 19 Dec 2014 09369851 TTA INDIA LIMITED 30 Dec 2014 09353123 G SERGANT CONSULTANCY LIMITED 12 Dec 2014 09341329 SOSHE LIMITED 04 Dec 2014 09344074 WAGTAIL ENGINEERING LIMITED 08 Dec 2014 09350414 SALLY HALL ANP LIMITED 11 Dec 2014 09352857 ECLIPSE CONTROLS LTD. 12 Dec 2014 09362615 CO-NAVIGATE LIMITED 19 Dec 2014 09339192 EXPRESS CAFE ( NE ) LTD 03 Dec 2014 09334707 GEORDIE CONSULTING LIMITED 01 Dec 2014 09342074 QUANTUM BRICKWORK SERVICES LIMITED 05 Dec 2014 09356751 UK COMPOSITES LTD 16 Dec 2014 09350194 WAYNE RICE OIL & GAS SERVICES LIMITED 11 Dec 2014
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