Washington, Tyne And Wear
2010 Annual Business Confidence Report
Headlines
- The second half of 2010 saw a new record in company closures in Washington when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2010)
A total of 137 companies were formed in Washington in 2010. This total is 13.2% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Washington UK 2010 137 400,358 2009 121 362,675 2008 131 349,203 2007 151 457,649 2006 130 405,440 Record Year 2003 (156) 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 69 companies were formed in Washington. This figure is 4.5% higher than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Washington occurred in 2003 when a total of 80 were formed.
Half Year (Jul-Dec) Washington UK 2010 69 196,609 2009 66 180,654 % change 4.5% 8.8% Record Year 2003 (80) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 28 companies were registered in Washington during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 6.7% 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) Washington UK 2010 28 95,117 2009 30 85,983 % change -6.7% 10.6% Record Year 2003 (38) 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 15 9 4 New companies in 2009 6 18 6 % change 150.0% -50.0% -33.3% Record Year 2003 (17) 2009 (18) 2008 (13)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 130 companies were dissolved in Washington in 2010. This total is 5.8% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Washington UK 2010 130 342,232 2009 138 533,773 2008 81 237,901 2007 84 220,295 2006 56 200,166 Record Year 2009 (138) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company closures in Washington when compared to any previous second half year.
In the second half of 2010 a total of 64 companies were dissolved in Washington. This figure is 6.7% higher than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Washington occurred in 2010 when a total of 64 were closed.
Half Year (Jul-Dec) Washington UK 2010 64 164,601 2009 60 244,537 % change 6.7% -32.7% Record Year 2010 (64) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 21 companies were dissolved in Washington during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 19.2% 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) Washington UK 2010 21 76,896 2009 26 85,136 % change -19.2% -9.7% Record Year 2009 (26) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 8 8 5 Closed companies in 2009 8 3 15 % change 0.0% 166.7% -67% Record Year 2010 (8) 2005 (9) 2009 (15)
Net Company Growth
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Annual Data (2010)
A total of 7 companies were added to the company register for Washington in 2010. This number represents growth of 5.8% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 24 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Washington company register grew by 106 companies.
Year Washington UK 2010 7 58,126 2009 -17 -171,098 2008 50 111,302 2007 67 237,354 2006 74 205,274 Record Year 2003 (106) 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 Washington increased by 5 companies.
Half Year (Jul-Dec) Washington UK 2010 5 32,008 2009 6 -63,883 Record Year 2003 (58) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Washington during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 7 companies.
fourth quarter (Oct 2010 - Dec 2010) Washington UK 2010 7 18,221 2009 4 847 Record Year 2003 (27) 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 7 1 -1 Net growth in 2009 -2 15 -9 Record Year 2003 (13) 2009 (15) 2006 (9)
UK Company Share
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Annual Data (2010)
In 2010 Washington formed 0.0% of all UK companies. This is no change on 2009 when Washington was responsible for 0.0% of all UK companies.
Year Washington 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Washington formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Washington 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1969 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Washington formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Washington 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1962 (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% 0.1% 0.0% % change 118.6% -55.3% -36.6% Record Year 1962 (0.2%) 1962 (0.2%) 1969 (0.2%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 45.7.
The percentage of directors under the age of 25 was 0.5% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 6.0% 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 46.2.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 6.0% 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 45.6.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 0.0% 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 Washington was 1857 when 36.4% of all directors were female.
The percentage of female directors in Washington in 2010 was 26.5%. 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 Washington was 1860 when 42.9% of all directors were female.
22.4% of all director appointments in Washington 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 Washington was in 1977 when 31.1% of all directors were female.
16.9% of all director appointments in Washington 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 NORTH 2.11% CONSULTING 5.06% (NE) 2.11% MANAGEMENT 5.01% EAST 1.75% CONSULTANCY 3.14% DESIGN 1.40% PROPERTY 2.36% NE 1.40% TRADING 2.11% CONSULTANTS 1.40% ASSOCIATES 1.95% J 1.05% DESIGN 1.92% IT 1.05% BUSINESS 1.82% TAYLOR 1.05% CONSTRUCTION 1.82% CONSULTING 1.05% CONSULTANTS 1.76% MAN 0.70% MEDIA 1.71% BASE2 0.70% ENGINEERING 1.62% SECURE 0.70% LONDON 1.60% ACADEMY 0.70% CARE 1.45% WASHINGTON 0.70% INVESTMENTS 1.44% (WASHINGTON) 0.70% GLOBAL 1.43% TYNE 0.70% J 1.42% SUPPLIES 0.70% IT 1.41% SHOP 0.70% PROPERTIES 1.34% COMMERCIAL 0.70% INTERNATIONAL 1.34% CONSULTANCY 0.70% BUILDING 1.34% AIR 0.70% M 1.30% CLEANING 0.70% ELECTRICAL 1.25% EUROPE 0.70% SYSTEMS 1.24% BATCHWORKS 0.70% 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 63 199,572 7487 - Other business activities 21 63,348 9999 - Dormant Company 7 20,144 99999 - Dormant Company 6 16,285 82990 - Other business support service activities not elsewhere classified 5 27,550 5530 - Restaurants 4 4,939 70229 - Management consultancy activities other than financial management 4 14,505 32990 - Other manufacturing not elsewhere classified 4 1,405 4521 - General construction & civil engineering 3 6,598 7440 - Advertising 3 1,860 7414 - Business & management consultancy 3 13,474 6024 - Freight transport by road 3 2,401 5540 - Bars 3 2,093 5244 - Retail furniture household etc. 3 901 43390 - Other building completion and finishing 3 2,522 47990 - Other retail sale not in stores, stalls or markets 3 1,943 56302 - Public houses and bars 3 1,542 96090 - Other service activities not elsewhere classified 3 8,799 68100 - Buying and selling of own real estate 2 2,446 94990 - Activities of other membership organizations not elsewhere classified 2 791
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07415670 WELDTECH OFFSHORE SERVICES LIMITED 21 Oct 2010 07414359 SHICKLETON LTD 21 Oct 2010 07412007 MW HOME IMPROVEMENTS LIMITED 19 Oct 2010 07407029 WH REED LIMITED 14 Oct 2010 07406566 KINGSTON PRECISION ENGINEERING LIMITED 13 Oct 2010 07398662 J MAN CONSULTANTS LIMITED 06 Oct 2010 07395142 IMPRESSIVE WELDING LIMITED 04 Oct 2010 07423629 SAFE 2 RENT LIMITED 29 Oct 2010 07423619 WORKHORSE INTERCHANGEABLE SWEEPERS LIMITED 29 Oct 2010 07423551 TAYLORHOOD METALWORKS LTD 29 Oct 2010 07423536 APPLIED ACOUSTICS LTD 29 Oct 2010 07421969 DACCS TRAINING ACADEMY LIMITED 28 Oct 2010 07416375 MNG MEDICAL LTD. 22 Oct 2010 07409897 JAMES INGLEFORD SCAFFOLDING LIMITED 18 Oct 2010 07401540 PURVIS CORROSION CONTROL LTD 08 Oct 2010
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