Wallsend, Tyne And Wear
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Wallsend when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 98 companies were formed in Wallsend in 2010. This total is 11.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Wallsend UK 2010 98 400,358 2009 88 362,675 2008 95 349,203 2007 114 457,649 2006 97 405,440 Record Year 2007 (114) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 47 companies were formed in Wallsend. This figure is 2.2% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Wallsend occurred in 2003 when a total of 48 were formed.
Half Year (Jul-Dec) Wallsend UK 2010 47 196,609 2009 46 180,654 % change 2.2% 8.8% Record Year 2003 (48) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 17 companies were registered in Wallsend during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 19.0% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Wallsend UK 2010 17 95,117 2009 21 85,983 % change -19.0% 10.6% Record Year 2007 (22) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 5 8 4 New companies in 2009 7 10 4 % change -28.6% -20.0% 0.0% Record Year 2007 (11) 2009 (10) 2005 (8)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 77 companies were dissolved in Wallsend in 2010. This total is 23.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Wallsend UK 2010 77 342,232 2009 100 533,773 2008 48 237,901 2007 33 220,295 2006 22 200,166 Record Year 2009 (100) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 38 companies were dissolved in Wallsend. This figure is 19.1% lower than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Wallsend occurred in 2009 when a total of 47 were closed.
Half Year (Jul-Dec) Wallsend UK 2010 38 164,601 2009 47 244,537 % change -19.1% -32.7% Record Year 2009 (47) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 18 companies were dissolved in Wallsend during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 14.3% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Wallsend UK 2010 18 76,896 2009 21 85,136 % change -14.3% -9.7% Record Year 2009 (21) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Wallsend when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 5 8 5 Closed companies in 2009 8 5 8 % change -37.5% 60.0% -38% Record Year 2009 (8) 2010 (8) 2009 (8)
Net Company Growth
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Annual Data (2010)
A total of 21 companies were added to the company register for Wallsend in 2010. This number represents growth of 23.9% in the total number of active companies, which compares favourably to the UK figure of 16.0%.
This number is 33 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Wallsend company register grew by 81 companies.
Year Wallsend UK 2010 21 58,126 2009 -12 -171,098 2008 47 111,302 2007 81 237,354 2006 75 205,274 Record Year 2007 (81) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Wallsend increased by 9 companies.
Half Year (Jul-Dec) Wallsend UK 2010 9 32,008 2009 -1 -63,883 Record Year 2003 (37) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Wallsend during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -1 companies.
fourth quarter (Oct 2010 - Dec 2010) Wallsend UK 2010 -1 18,221 2009 0 847 Record Year 2006 (18) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 0 0 -1 Net growth in 2009 -1 5 -4 Record Year 2007 (8) 1999 (6) 2005 (7)
UK Company Share
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Annual Data (2010)
In 2010 Wallsend formed 0.0% of all UK companies. This is no change on 2009 when Wallsend was responsible for 0.0% of all UK companies.
Year Wallsend 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1980 (0.0%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Wallsend formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Wallsend 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1980 (0.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Wallsend formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Wallsend 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1971 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.0% 0.0% 0.0% UK formation share in 2009 0.0% 0.0% 0.0% % change -37.4% -28.5% -5.2% Record Year 1971 (0.2%) 1961 (0.2%) 1967 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 43.3.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 42.0.
The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 41.2.
The percentage of directors under the age of 25 was 9.7% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Wallsend was 1857 when 36.4% of all directors were female.
The percentage of female directors in Wallsend in 2010 was 25.2%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Wallsend was 1860 when 42.9% of all directors were female.
27.8% of all director appointments in Wallsend in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Wallsend was in 1977 when 31.1% of all directors were female.
26.3% of all director appointments in Wallsend in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PROPERTY 2.82% CONSULTING 5.06% NORTH 1.88% MANAGEMENT 5.01% COMMUNITY 1.88% CONSULTANCY 3.14% INTEREST 1.41% PROPERTY 2.36% BRENNANS 1.41% TRADING 2.11% LEISURE 1.41% ASSOCIATES 1.95% ENGINEERING 1.41% DESIGN 1.92% MANAGEMENT 0.94% BUSINESS 1.82% DISTRIBUTION 0.94% CONSTRUCTION 1.82% WALLSEND 0.94% CONSULTANTS 1.76% CIC 0.94% MEDIA 1.71% SOMETHING 0.94% ENGINEERING 1.62% CORPORATION 0.94% LONDON 1.60% EAST) 0.94% CARE 1.45% (NORTH 0.94% INVESTMENTS 1.44% CONSTRUCTION 0.94% GLOBAL 1.43% FIRE 0.94% J 1.42% PREFERRED 0.94% IT 1.41% R 0.94% PROPERTIES 1.34% BLUE 0.94% INTERNATIONAL 1.34% B 0.94% BUILDING 1.34% TYNESIDE 0.94% M 1.30% TRAINING 0.94% ELECTRICAL 1.25% ABA 0.94% SYSTEMS 1.24% BUILDING 0.94% S 1.23%
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 57 199,572 7487 - Other business activities 9 63,348 82990 - Other business support service activities not elsewhere classified 6 27,550 7414 - Business & management consultancy 5 13,474 85590 - Other education not elsewhere classified 4 1,926 62020 - Information technology consultancy activities 4 9,177 7499 - Non-trading company 3 12,000 9302 - Hairdressing & other beauty treatment 3 1,496 99999 - Dormant Company 3 16,285 96090 - Other service activities not elsewhere classified 3 8,799 43210 - Electrical installation 3 2,980 4531 - Installation electrical wiring etc. 3 2,170 4534 - Other building installation 2 2,357 7470 - Other cleaning activities 2 1,315 2811 - Manufacture metal structures & parts 2 340 74909 - Other professional, scientific and technical activities not elsewhere classified 2 7,088 6022 - Taxi operation 2 654 5540 - Bars 2 2,093 43999 - Other specialised construction activities not elsewhere classified 2 2,854 7260 - Other computer related activities 2 8,089
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07419359 EMBRACE - THERAPIES CIC 26 Oct 2010 07412972 NORTH EAST VENT LTD 20 Oct 2010 07410093 SPECTRUM LIGHTING LTD 18 Oct 2010 07401140 CELLTECH (N/E) LIMITED 08 Oct 2010 07396638 STONEBROOK MEDIA LIMITED 05 Oct 2010