Washington, Tyne And Wear

2010 Half Year Business Confidence Report

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 68 companies were formed in Washington. This figure is 23.6% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Washington occurred in 2007 when a total of 95 were formed.

    Half Year (Jan-Jun)WashingtonUK
    201068203,749
    200955182,021
    % change23.6%11.9%
    Record Year2007 (95)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 34 companies were registered in Washington during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 6.3% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)WashingtonUK
    20103498,612
    20093290,987
    % change6.3%8.4%
    Record Year 2005 (45) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 201091213
    New companies in 200961412
    % change50.0%-14.3%8.3%
    Record Year2008 (18)2003 (15)2004 (22)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 66 companies were dissolved in Washington. This figure is 15.4% lower than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Washington occurred in 2009 when a total of 78 were closed.

    Half Year (Jan-Jun)WashingtonUK
    201066177,631
    200978289,236
    % change-15.4%-38.6%
    Record Year2009 (78)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 36 companies were dissolved in Washington during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 25.0% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)WashingtonUK
    20103694,954
    200948181,176
    % change-25.0%-47.6%
    Record Year 2009 (48) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201061119
    Closed companies in 200972021
    % change-14.3%-45.0%-10%
    Record Year2008 (9)2009 (20)2009 (21)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Washington increased by 2 companies.

    Half Year (Jan-Jun)WashingtonUK
    2010226,118
    2009-23-107,215
    Record Year2007 (49)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Washington during the second quarter of 2010 (Apr 2010 - Jun 2010) was -2 companies.

    second quarter (Apr 2010 - Jun 2010)WashingtonUK
    2010-23,658
    2009-16-90,189
    Record Year 2004 (35) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201031-6
    Net growth in 2009-1-6-9
    Record Year2003 (14)2006 (11)2004 (17)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Washington formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jan-Jun)Washington
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1980 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Washington formed 0.0% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Washington
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1970 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change38.5%-18.2%-2.6%
    Record Year1966 (0.2%)1968 (0.2%)1978 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 45.2.

    The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 42.0.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Washington was 1857 when 40.0% of all directors were female.

    28.7% of all director appointments in Washington in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Washington was in 1866 when 66.7% of all directors were female.

    27.1% of all director appointments in Washington in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NE)3.00%MANAGEMENT5.01%
    NORTH2.25%CONSULTING4.79%
    EAST2.25%CONSULTANCY3.02%
    (NORTH1.50%PROPERTY2.40%
    EAST)1.50%ASSOCIATES2.02%
    DESIGN1.50%TRADING2.01%
    MANAGEMENT1.50%DESIGN1.91%
    M1.12%CONSTRUCTION1.85%
    N1.12%MEDIA1.80%
    TYNE1.12%BUSINESS1.75%
    SUPPLIES1.12%CONSULTANTS1.71%
    IT1.12%INTERNATIONAL1.59%
    CONSULTING1.12%ENGINEERING1.56%
    LEISURE0.75%LONDON1.52%
    CLEANING0.75%INVESTMENTS1.49%
    BUILDING0.75%J1.46%
    MILLER0.75%CARE1.41%
    SHAW0.75%GLOBAL1.39%
    FOURSTONES0.75%PROPERTIES1.35%
    CENTRE0.75%BUILDING1.33%
    TRANSPORT0.75%M1.29%
    S0.75%IT1.28%
    BATCHWORKS0.75%ELECTRICAL1.27%
    COMMUNITY0.75%GROUP1.25%
    INTEREST0.75%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied64207,125
    7487 - Other business activities1868,525
    9999 - Dormant Company719,842
    7499 - Non-trading company513,997
    7440 - Advertising51,886
    4521 - General construction & civil engineering48,262
    7240 - Data base activities4398
    62020 - Information technology consultancy activities48,590
    5244 - Retail furniture household etc.4992
    96090 - Other service activities not elsewhere classified47,922
    5540 - Bars32,054
    7222 - Other software consultancy and supply38,285
    43390 - Other building completion and finishing32,417
    70229 - Management consultancy activities other than financial management313,490
    32990 - Other manufacturing not elsewhere classified31,312
    47990 - Other retail sale not in stores, stalls or markets31,762
    6024 - Freight transport by road32,960
    56101 - Licensed restaurants32,203
    3663 - Other manufacturing3460
    4534 - Other building installation22,652

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07228240 EURO BAH THREE LIMITED 20 Apr 2010
    07224811 GHAG NORTH EAST LTD 15 Apr 2010
    07218254 GLB PROPERTY MANAGEMENT LTD 09 Apr 2010
    07212735 DUO PHOTO LIMITED 06 Apr 2010
    07236090 NORTH EAST REPROCESSING LIMITED 27 Apr 2010
    07228314 GYPSYDOC LIMITED 20 Apr 2010
    07227434 AA SECURITIES (NE) LTD 19 Apr 2010
    07222305 MYNX LIMITED 13 Apr 2010
    07210898 FLOOR STORE (NE) LTD 01 Apr 2010

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