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

  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 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.

    YearWashingtonUK
    2010137400,358
    2009121362,675
    2008131349,203
    2007151457,649
    2006130405,440
    Record Year2003 (156)2007 (457,649)
    New Companies by Year
  2. 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)WashingtonUK
    201069196,609
    200966180,654
    % change4.5%8.8%
    Record Year2003 (80)2003 (201,446)
    New Companies by Half Year
  3. 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)WashingtonUK
    20102895,117
    20093085,983
    % change-6.7%10.6%
    Record Year 2003 (38) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20101594
    New companies in 20096186
    % change150.0%-50.0%-33.3%
    Record Year2003 (17)2009 (18)2008 (13)

Closed Companies (dissolved)

  1. 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.

    YearWashingtonUK
    2010130342,232
    2009138533,773
    200881237,901
    200784220,295
    200656200,166
    Record Year2009 (138)2009 (533,773)
    Dissolved Companies by Year
  2. 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)WashingtonUK
    201064164,601
    200960244,537
    % change6.7%-32.7%
    Record Year2010 (64)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)WashingtonUK
    20102176,896
    20092685,136
    % change-19.2%-9.7%
    Record Year 2009 (26) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010885
    Closed companies in 20098315
    % change0.0%166.7%-67%
    Record Year2010 (8)2005 (9)2009 (15)

Net Company Growth

  1. 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.

    YearWashingtonUK
    2010758,126
    2009-17-171,098
    200850111,302
    200767237,354
    200674205,274
    Record Year2003 (106)2003 (242,543)
    Net Growth by Year
  2. 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)WashingtonUK
    2010532,008
    20096-63,883
    Record Year2003 (58)2003 (117,772)
    Net Growth by Half Year
  3. 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)WashingtonUK
    2010718,221
    20094847
    Record Year 2003 (27) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201071-1
    Net growth in 2009-215-9
    Record Year2003 (13)2009 (15)2006 (9)

UK Company Share

  1. 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.

    YearWashington
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1969 (0.1%)
    Company Share by Year
  2. 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
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1969 (0.1%)
    Company Share by Half Year
  3. 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
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1962 (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%0.1%0.0%
    % change118.6%-55.3%-36.6%
    Record Year1962 (0.2%)1962 (0.2%)1969 (0.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  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
    NORTH2.11%CONSULTING5.06%
    (NE)2.11%MANAGEMENT5.01%
    EAST1.75%CONSULTANCY3.14%
    DESIGN1.40%PROPERTY2.36%
    NE1.40%TRADING2.11%
    CONSULTANTS1.40%ASSOCIATES1.95%
    J1.05%DESIGN1.92%
    IT1.05%BUSINESS1.82%
    TAYLOR1.05%CONSTRUCTION1.82%
    CONSULTING1.05%CONSULTANTS1.76%
    MAN0.70%MEDIA1.71%
    BASE20.70%ENGINEERING1.62%
    SECURE0.70%LONDON1.60%
    ACADEMY0.70%CARE1.45%
    WASHINGTON0.70%INVESTMENTS1.44%
    (WASHINGTON)0.70%GLOBAL1.43%
    TYNE0.70%J1.42%
    SUPPLIES0.70%IT1.41%
    SHOP0.70%PROPERTIES1.34%
    COMMERCIAL0.70%INTERNATIONAL1.34%
    CONSULTANCY0.70%BUILDING1.34%
    AIR0.70%M1.30%
    CLEANING0.70%ELECTRICAL1.25%
    EUROPE0.70%SYSTEMS1.24%
    BATCHWORKS0.70%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied63199,572
    7487 - Other business activities2163,348
    9999 - Dormant Company720,144
    99999 - Dormant Company616,285
    82990 - Other business support service activities not elsewhere classified527,550
    5530 - Restaurants44,939
    70229 - Management consultancy activities other than financial management414,505
    32990 - Other manufacturing not elsewhere classified41,405
    4521 - General construction & civil engineering36,598
    7440 - Advertising31,860
    7414 - Business & management consultancy313,474
    6024 - Freight transport by road32,401
    5540 - Bars32,093
    5244 - Retail furniture household etc.3901
    43390 - Other building completion and finishing32,522
    47990 - Other retail sale not in stores, stalls or markets31,943
    56302 - Public houses and bars31,542
    96090 - Other service activities not elsewhere classified38,799
    68100 - Buying and selling of own real estate22,446
    94990 - Activities of other membership organizations not elsewhere classified2791

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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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