Wallsend, Tyne And Wear

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Wallsend when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Wallsend when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Wallsend when compared to any previous Q4.
  • November 2014 saw a new record in company registrations in Wallsend when compared to any previous November.
  • December 2014 saw a new record in company closures in Wallsend when compared to any previous December.
  • The second half of 2014 saw a new record in net growth in Wallsend when compared to any previous second half year.
  • November 2014 saw a new record in net growth 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 (2014)

    2014 was a record year for company registrations in Wallsend when compared to any year in history.

    A total of 161 companies were formed in Wallsend in 2014. This total is 6.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWallsendUK
    2014161582,051
    2013151529,363
    2012139491,893
    2011108452,870
    201098400,358
    Record Year2014 (161)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 Wallsend when compared to any previous second half year.

    In the second half of 2014 a total of 79 companies were formed in Wallsend. This figure is 8.2% higher than last year, which compares equally to the UK wide figure of 8.2%.

    The highest total for a second half year in Wallsend occurred in 2014 when a total of 79 were formed.

    Half Year (Jul-Dec)WallsendUK
    201479281,320
    201373259,931
    % change8.2%8.2%
    Record Year2014 (79)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 Wallsend when compared to any previous Q4.

    A total of 33 companies were registered in Wallsend during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 17.9% versus the same period last year (Q4 2013). This figure compares well 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)WallsendUK
    201433137,906
    201328127,247
    % change17.9%8.4%
    Record Year 2014 (33) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in company registrations in Wallsend when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201410149
    New companies in 20131279
    % change-16.7%100.0%0.0%
    Record Year2012 (15)2014 (14)2013 (9)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 85 companies were dissolved in Wallsend in 2014. This total is 11.5% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearWallsendUK
    201485367,937
    201396332,213
    201281293,729
    201189314,524
    201077342,233
    Record Year2009 (100)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 37 companies were dissolved in Wallsend. This figure is 11.9% lower than last year, which compares well to the UK wide change of 7.7%.

    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
    201437190,730
    201342177,021
    % change-11.9%7.7%
    Record Year2009 (47)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 18 companies were dissolved in Wallsend during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 33.3% versus the same period last year (Q4 2013). This figure compares well 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)WallsendUK
    20141889,060
    20132790,851
    % change-33.3%-2.0%
    Record Year 2013 (27) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Wallsend when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014459
    Closed companies in 20131377
    % change-69.2%-28.6%29%
    Record Year2013 (13)2012 (16)2014 (9)

Net Company Growth

  1. Annual Data (2014)

    A total of 76 companies were added to the company register for Wallsend in 2014. This number represents growth of 47.2% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 21 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
    201476214,114
    201355197,150
    201258198,164
    201119138,346
    20102158,125
    Record Year2007 (81)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in net growth in Wallsend when compared to any previous second half year.

    In the second half of 2014 the company register for Wallsend increased by 42 companies.

    Half Year (Jul-Dec)WallsendUK
    20144290,590
    20133182,910
    Record Year2014 (42)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Wallsend during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 15 companies.

    fourth quarter (Oct 2014 - Dec 2014)WallsendUK
    20141548,846
    2013136,396
    Record Year 2006 (18) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    November 2014 saw a new record in net growth in Wallsend when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014690
    Net growth in 2013-102
    Record Year2011 (9)2014 (9)2005 (7)

UK Company Share

  1. Annual Data (2014)

    In 2014 Wallsend formed 0.0% of all UK companies. This is no change on 2013 when Wallsend was responsible for 0.0% of all UK companies.

    YearWallsend
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2013 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Wallsend formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Wallsend
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2013 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Wallsend formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Wallsend
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 2007 (0.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change-20.7%90.1%-14.2%
    Record Year1991 (0.0%)1999 (0.0%)1990 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 41.4.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.4% 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 42.1.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.7% 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 42.0.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.0% 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 Wallsend was 1990 when 50.0% of all directors were female.

    The percentage of female directors in Wallsend in 2014 was 29.6%. 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 Wallsend was 2006 when 34.6% of all directors were female.

    21.9% of all director appointments in Wallsend 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 Wallsend was in 2011 when 32.5% of all directors were female.

    22.4% of all director appointments in Wallsend 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
    WALLSEND1.55%CONSULTING5.22%
    BUSINESS1.24%MANAGEMENT4.58%
    ENGINEERING1.24%CONSULTANCY3.57%
    ELECTRICAL1.24%PROPERTY2.66%
    HADRIAN0.93%CONSTRUCTION2.12%
    IT0.93%ENGINEERING2.10%
    SME0.93%CARE2.02%
    COMMUNITY0.93%TRADING1.94%
    WONG0.93%LONDON1.93%
    KANNABEE0.93%TRANSPORT1.93%
    CONSTRUCTION0.93%DESIGN1.66%
    INTEREST0.93%CONSULTANTS1.64%
    BUILDING0.93%ELECTRICAL1.62%
    SOLAR0.93%PROPERTIES1.62%
    CHAT0.93%BUSINESS1.56%
    OMEGA0.62%J1.54%
    CIC0.62%CO.,1.50%
    CO0.62%GLOBAL1.49%
    DESIGN0.62%INVESTMENTS1.48%
    HOME0.62%ASSOCIATES1.47%
    NORTHERN0.62%DEVELOPMENTS1.35%
    P0.62%MEDIA1.33%
    ACCESS0.62%IT1.31%
    TECH0.62%BUILDING1.29%
    ON0.62%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied74265,608
    82990 - Other business support service activities not elsewhere classified1358,068
    99999 - Dormant Company1148,509
    56103 - Take-away food shops and mobile food stands98,318
    43999 - Other specialised construction activities not elsewhere classified88,761
    74990 - Non-trading company813,984
    68100 - Buying and selling of own real estate77,106
    96090 - Other service activities not elsewhere classified729,009
    56101 - Licensed restaurants68,782
    70229 - Management consultancy activities other than financial management642,290
    56302 - Public houses and bars56,285
    71129 - Other engineering activities46,132
    43390 - Other building completion and finishing45,931
    71200 - Technical testing and analysis41,132
    43210 - Electrical installation45,985
    96020 - Hairdressing and other beauty treatment36,742
    62090 - Other information technology service activities312,837
    43342 - Glazing31,031
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating34,167
    86900 - Other human health activities312,976

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09293499 SNAP NUTRITION LIMITED 04 Nov 2014
    09296125 RIHAN RETAIL LIMITED 05 Nov 2014
    09296889 K3SOLUTIONS LTD 05 Nov 2014
    09297074 IOCPSS LTD 05 Nov 2014
    09298145 ARROW LIFTING & TESTING LTD 06 Nov 2014
    09298173 WAYNE TECH LIMITED 06 Nov 2014
    09300765 CHIA LIFE LIMITED 07 Nov 2014
    09304651 MASON WINDOWS LTD 11 Nov 2014
    09306189 WEB CHAT DONATIONS C.I.C. 11 Nov 2014
    09306205 TAUNTON CLOSE 1967 LIMITED 11 Nov 2014
    09319444 ZAYN SCAFFOLDING LIMITED 19 Nov 2014
    09326276 ESSENTIAL PARTNERS LTD 25 Nov 2014
    09329589 JOELCO LIMITED 26 Nov 2014
    09331319 CLUB PRINT LIMITED 27 Nov 2014

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