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

  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 (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.

    YearWallsendUK
    201098400,358
    200988362,675
    200895349,203
    2007114457,649
    200697405,440
    Record Year2007 (114)2007 (457,649)
    New Companies by Year
  2. 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)WallsendUK
    201047196,609
    200946180,654
    % change2.2%8.8%
    Record Year2003 (48)2003 (201,446)
    New Companies by Half Year
  3. 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)WallsendUK
    20101795,117
    20092185,983
    % change-19.0%10.6%
    Record Year 2007 (22) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010584
    New companies in 20097104
    % change-28.6%-20.0%0.0%
    Record Year2007 (11)2009 (10)2005 (8)

Closed Companies (dissolved)

  1. 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.

    YearWallsendUK
    201077342,232
    2009100533,773
    200848237,901
    200733220,295
    200622200,166
    Record Year2009 (100)2009 (533,773)
    Dissolved Companies by Year
  2. 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)WallsendUK
    201038164,601
    200947244,537
    % change-19.1%-32.7%
    Record Year2009 (47)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)WallsendUK
    20101876,896
    20092185,136
    % change-14.3%-9.7%
    Record Year 2009 (21) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2010585
    Closed companies in 2009858
    % change-37.5%60.0%-38%
    Record Year2009 (8)2010 (8)2009 (8)

Net Company Growth

  1. 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.

    YearWallsendUK
    20102158,126
    2009-12-171,098
    200847111,302
    200781237,354
    200675205,274
    Record Year2007 (81)2003 (242,543)
    Net Growth by Year
  2. 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)WallsendUK
    2010932,008
    2009-1-63,883
    Record Year2003 (37)2003 (117,772)
    Net Growth by Half Year
  3. 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)WallsendUK
    2010-118,221
    20090847
    Record Year 2006 (18) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201000-1
    Net growth in 2009-15-4
    Record Year2007 (8)1999 (6)2005 (7)

UK Company Share

  1. 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.

    YearWallsend
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1980 (0.0%)
    Company Share by Year
  2. 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
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1980 (0.0%)
    Company Share by Half Year
  3. 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
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1971 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change-37.4%-28.5%-5.2%
    Record Year1971 (0.2%)1961 (0.2%)1967 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    PROPERTY2.82%CONSULTING5.06%
    NORTH1.88%MANAGEMENT5.01%
    COMMUNITY1.88%CONSULTANCY3.14%
    INTEREST1.41%PROPERTY2.36%
    BRENNANS1.41%TRADING2.11%
    LEISURE1.41%ASSOCIATES1.95%
    ENGINEERING1.41%DESIGN1.92%
    MANAGEMENT0.94%BUSINESS1.82%
    DISTRIBUTION0.94%CONSTRUCTION1.82%
    WALLSEND0.94%CONSULTANTS1.76%
    CIC0.94%MEDIA1.71%
    SOMETHING0.94%ENGINEERING1.62%
    CORPORATION0.94%LONDON1.60%
    EAST)0.94%CARE1.45%
    (NORTH0.94%INVESTMENTS1.44%
    CONSTRUCTION0.94%GLOBAL1.43%
    FIRE0.94%J1.42%
    PREFERRED0.94%IT1.41%
    R0.94%PROPERTIES1.34%
    BLUE0.94%INTERNATIONAL1.34%
    B0.94%BUILDING1.34%
    TYNESIDE0.94%M1.30%
    TRAINING0.94%ELECTRICAL1.25%
    ABA0.94%SYSTEMS1.24%
    BUILDING0.94%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied57199,572
    7487 - Other business activities963,348
    82990 - Other business support service activities not elsewhere classified627,550
    7414 - Business & management consultancy513,474
    85590 - Other education not elsewhere classified41,926
    62020 - Information technology consultancy activities49,177
    7499 - Non-trading company312,000
    9302 - Hairdressing & other beauty treatment31,496
    99999 - Dormant Company316,285
    96090 - Other service activities not elsewhere classified38,799
    43210 - Electrical installation32,980
    4531 - Installation electrical wiring etc.32,170
    4534 - Other building installation22,357
    7470 - Other cleaning activities21,315
    2811 - Manufacture metal structures & parts2340
    74909 - Other professional, scientific and technical activities not elsewhere classified27,088
    6022 - Taxi operation2654
    5540 - Bars22,093
    43999 - Other specialised construction activities not elsewhere classified22,854
    7260 - Other computer related activities28,089

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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

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