Tyne And Wear

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Tyne And Wear when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Tyne And Wear when compared to any quarter in history.
  • February 2015 saw a new record in company registrations in Tyne And Wear when compared to any previous February.
  • February 2015 saw a new record in company closures in Tyne And Wear when compared to any previous February.
  • January 2015 saw a new record in net growth in Tyne And Wear when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Tyne And Wear when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Tyne And Wear when compared to any quarter in history.

    A total of 1,696 companies were registered in Tyne And Wear during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 9.3% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Tyne And WearUK
    20151,696161,156
    20141,552150,722
    % change9.3%6.9%
    Record Year 2015 (1,696) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company registrations in Tyne And Wear when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015490523683
    New companies in 2014492503557
    % change-0.4%4.0%22.6%
    Record Year2014 (492)2015 (523)2007 (731)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 900 companies were dissolved in Tyne And Wear during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 0.1% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Tyne And WearUK
    201590089,523
    201490182,370
    % change-0.1%8.7%
    Record Year 2013 (945) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Tyne And Wear when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015227324349
    Closed companies in 2014273305323
    % change-16.8%6.2%8%
    Record Year2013 (395)2015 (324)2009 (489)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Tyne And Wear during the first quarter of 2015 (Jan 2015 - Mar 2015) was 796 companies.

    first quarter (Jan 2015 - Mar 2015)Tyne And WearUK
    201579671,633
    201465168,352
    Record Year 2007 (928) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Tyne And Wear when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015263199334
    Net growth in 2014219198234
    Record Year2015 (263)2007 (226)2007 (533)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Tyne And Wear formed 1.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Tyne And Wear
    20151.1%
    20141.0%
    20131.0%
    20121.1%
    20111.0%
    Record Year (since 1960) 1990 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20151.0%1.0%1.1%
    UK formation share in 20141.0%1.0%1.0%
    % change-2.3%-4.2%11.8%
    Record Year1992 (1.3%)1991 (1.3%)1990 (1.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.2.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Tyne And Wear was in 2007 when 30.6% of all directors were female.

    25.2% of all director appointments in Tyne And Wear in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    NORTH2.11%CONSULTING5.23%
    EAST1.86%MANAGEMENT4.56%
    MANAGEMENT1.82%CONSULTANCY3.62%
    ELECTRICAL1.31%PROPERTY2.72%
    CONSULTANCY1.21%CONSTRUCTION2.19%
    (NE)1.20%CARE2.13%
    CONSULTING1.15%ENGINEERING2.12%
    ENGINEERING1.15%LONDON1.91%
    NE1.12%TRADING1.88%
    PROPERTY1.05%TRANSPORT1.82%
    LEISURE0.89%ELECTRICAL1.76%
    M0.89%DESIGN1.65%
    D0.84%PROPERTIES1.63%
    CARE0.83%CO.,1.58%
    (NORTH0.78%J1.55%
    G0.77%CONSULTANTS1.54%
    NEWCASTLE0.77%BUSINESS1.49%
    EAST)0.74%INVESTMENTS1.49%
    S0.72%GLOBAL1.46%
    CONSTRUCTION0.72%ASSOCIATES1.44%
    BUSINESS0.71%DEVELOPMENTS1.36%
    ENERGY0.71%BUILDING1.31%
    J0.69%IT1.30%
    DEVELOPMENTS0.68%MEDIA1.28%
    ACCESS0.61%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,017288,953
    99999 - Dormant Company44249,474
    96090 - Other service activities not elsewhere classified40529,218
    82990 - Other business support service activities not elsewhere classified32458,522
    70229 - Management consultancy activities other than financial management29343,081
    74909 - Other professional, scientific and technical activities not elsewhere classified23719,098
    62020 - Information technology consultancy activities21630,825
    56103 - Take-away food shops and mobile food stands1948,607
    43999 - Other specialised construction activities not elsewhere classified1629,080
    56101 - Licensed restaurants1528,909
    68209 - Other letting and operating of own or leased real estate13611,600
    86900 - Other human health activities13513,990
    56302 - Public houses and bars1186,355
    41100 - Development of building projects11311,863
    74990 - Non-trading company11013,794
    96020 - Hairdressing and other beauty treatment1086,815
    85590 - Other education not elsewhere classified1016,238
    68320 - Management of real estate on a fee or contract basis996,154
    43210 - Electrical installation986,139
    62090 - Other information technology service activities9412,862

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09419569 LOCHS ENVIRONMENTAL FINISHING LIMITED 03 Feb 2015
    09432968 PARK VIEW INSTALLERS LTD 10 Feb 2015
    09453590 FUTURES ELECTRICAL SERVICES LIMITED 23 Feb 2015
    09456469 HAIR ROCKZ EXTENSIONS LTD 24 Feb 2015
    09439934 CDM SAFETY SOLUTIONS LIMITED 13 Feb 2015
    09417224 NEED FOR FAME LIMITED 02 Feb 2015
    09421142 UK LEIFENG STUDENT SERVICE CENTER LTD 04 Feb 2015
    09423613 WONG'S INVESTMENTS LIMITED 05 Feb 2015
    OC398147 MUSIC MONSTRO LLP 09 Feb 2015
    09438650 SINCLAIR FINANCIAL CONSULTANTS LIMITED 13 Feb 2015
    09439688 THE PIXEL SCIENTISTS LTD. 13 Feb 2015
    09442406 VALO GROUP LIMITED 16 Feb 2015
    09443604 FLAMINTIL LIMITED 17 Feb 2015
    09450227 PRESERVATION AND PROMOTION OF THE ARTS 20 Feb 2015
    09458687 GREENS ESTATES LIMITED 25 Feb 2015
    09463181 MOJO RISIN' PUBLISHING LIMITED 27 Feb 2015
    09428047 THE BLACK BULL BURGER COMPANY LIMITED 09 Feb 2015
    09428230 LEASE A LEAF LONDON LIMITED 09 Feb 2015
    09429098 PAUL BRYAN BEAUTY LTD 09 Feb 2015
    09422593 VISAGE HAIR SALON LTD 04 Feb 2015
    09426726 STARSHIP COMPUTERS LTD 06 Feb 2015
    09428025 FENIMED LTD 09 Feb 2015
    09440214 KISSA COMMUNICATIONS LTD 16 Feb 2015
    OC397881 LIGHT IN THE LAB LLP 03 Feb 2015
    09424463 AL TAYYAR LTD 05 Feb 2015