Washington, Tyne And Wear

2012 Annual Business Confidence Report

Headlines

  • December 2012 saw a new record in company registrations in Washington when compared to any previous December.
  • November 2012 saw a new record in company registrations in Washington when compared to any previous November.
  • December 2012 saw a new record in net growth in Washington when compared to any previous December.
  • November 2012 saw a new record in net growth in Washington 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 (2012)

    A total of 177 companies were formed in Washington in 2012. This total is 41.8% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearWashingtonUK
    2012177491,893
    2011304452,870
    2010137400,358
    2009121362,675
    2008131349,203
    Record Year2011 (304)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 98 companies were formed in Washington. This figure is 55.5% lower than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Washington occurred in 2011 when a total of 220 were formed.

    Half Year (Jul-Dec)WashingtonUK
    201298238,743
    2011220224,135
    % change-55.5%6.5%
    Record Year2011 (220)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 52 companies were registered in Washington during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 69.6% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)WashingtonUK
    201252119,875
    2011171109,623
    % change-69.6%9.4%
    Record Year 2011 (171) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    December 2012 saw a new record in company registrations in Washington when compared to any previous December.

    November 2012 saw a new record in company registrations in Washington when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012142018
    New companies in 2011154116
    % change-90.9%81.8%200.0%
    Record Year2011 (154)2012 (20)2012 (18)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 89 companies were dissolved in Washington in 2012. This total is 24.6% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearWashingtonUK
    201289293,728
    2011118314,524
    2010129342,233
    2009138533,787
    200881237,873
    Record Year2009 (138)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 42 companies were dissolved in Washington. This figure is 36.4% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Washington occurred in 2011 when a total of 66 were closed.

    Half Year (Jul-Dec)WashingtonUK
    201242145,934
    201166152,213
    % change-36.4%-4.1%
    Record Year2011 (66)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 16 companies were dissolved in Washington during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 56.8% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)WashingtonUK
    20121670,026
    20113779,983
    % change-56.8%-12.4%
    Record Year 2011 (37) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012844
    Closed companies in 2011101512
    % change-20.0%-73.3%-67%
    Record Year2011 (10)2011 (15)2009 (15)

Net Company Growth

  1. Annual Data (2012)

    A total of 88 companies were added to the company register for Washington in 2012. This number represents growth of 28.9% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 98 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Washington company register grew by 186 companies.

    YearWashingtonUK
    201288198,165
    2011186138,346
    2010858,125
    2009-17-171,112
    200850111,330
    Record Year2011 (186)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Washington increased by 56 companies.

    Half Year (Jul-Dec)WashingtonUK
    20125692,809
    201115471,922
    Record Year2011 (154)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Washington during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 36 companies.

    fourth quarter (Oct 2012 - Dec 2012)WashingtonUK
    20123649,849
    201113429,640
    Record Year 2011 (134) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    December 2012 saw a new record in net growth in Washington when compared to any previous December.

    November 2012 saw a new record in net growth in Washington when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201261614
    Net growth in 2011144-4-6
    Record Year2011 (144)2012 (16)2012 (14)

UK Company Share

  1. Annual Data (2012)

    In 2012 Washington formed 0.0% of all UK companies. This is a decline on 2011 when Washington was responsible for 0.1% of all UK companies.

    YearWashington
    20120.0%
    20110.1%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960)2011 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Washington formed 0.0% of all UK companies. This is less than the 2011 figure of 0.1%.

    Half Year (Jul-Dec)Washington
    20120.0%
    20110.1%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1969 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Washington formed 0.0% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Washington
    20120.0%
    20110.2%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.0%0.0%0.1%
    UK formation share in 20110.4%0.0%0.0%
    % change-92.4%72.9%192.3%
    Record Year2011 (0.4%)1962 (0.2%)1969 (0.2%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 45.2.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 45.2.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 44.0.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 8.2% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Washington was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Washington in 2012 was 34.9%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Washington was 1860 when 42.9% of all directors were female.

    29.1% of all director appointments in Washington in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Washington was in 1977 when 31.2% of all directors were female.

    18.5% of all director appointments in Washington in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.97%CONSULTING5.15%
    WASHINGTON1.41%MANAGEMENT4.78%
    ACADEMY1.13%CONSULTANCY3.31%
    EAST)1.13%PROPERTY2.40%
    NORTH1.13%TRADING2.03%
    (NORTH1.13%DESIGN1.86%
    CONSULTANCY1.13%ASSOCIATES1.82%
    LIFE0.85%ENGINEERING1.79%
    PROPERTY0.85%BUSINESS1.76%
    DESIGN0.85%CONSULTANTS1.75%
    CONSTRUCTION0.85%CONSTRUCTION1.69%
    MAINTENANCE0.85%LONDON1.69%
    EAST0.85%MEDIA1.69%
    METERS0.56%GLOBAL1.59%
    KIMMITT0.56%J1.57%
    ROBERTS0.56%INVESTMENTS1.46%
    TRUE0.56%IT1.43%
    ROCKTOP0.56%CARE1.39%
    ASSOCIATES0.56%PROPERTIES1.34%
    GB0.56%M1.26%
    FINANCIAL0.56%BUILDING1.23%
    ENTERPRISES0.56%ENTERPRISES1.21%
    PROPERTIES0.56%TRAINING1.18%
    BLUE0.56%ELECTRICAL1.17%
    MOTORS0.56%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    99999 - Dormant Company17340,648
    None Supplied69236,139
    96090 - Other service activities not elsewhere classified1422,058
    82990 - Other business support service activities not elsewhere classified1452,427
    70229 - Management consultancy activities other than financial management730,396
    62020 - Information technology consultancy activities523,256
    96020 - Hairdressing and other beauty treatment54,759
    85590 - Other education not elsewhere classified54,677
    62090 - Other information technology service activities412,291
    47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)41,595
    86900 - Other human health activities47,866
    43999 - Other specialised construction activities not elsewhere classified36,419
    47710 - Retail sale of clothing in specialised stores32,541
    74990 - Non-trading company313,808
    43910 - Roofing activities31,058
    68310 - Real estate agencies33,270
    5540 - Bars3560
    74909 - Other professional, scientific and technical activities not elsewhere classified315,572
    80100 - Private security activities32,286
    9999 - Dormant Company34,599

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08277786 WHITES HOTELS & RESORTS LIMITED 01 Nov 2012
    08277852 DJ COMMISSIONING LIMITED 01 Nov 2012
    08283036 BLUETREE JOINERY AND MAINTENANCE LIMITED 06 Nov 2012
    08285015 FAST FEET FOOTBALL ACADEMY LTD 07 Nov 2012
    08287609 INTERNATIONAL NIEMANN-PICK DISEASE ALLIANCE 09 Nov 2012
    08296969 NATURAL NUTRIENTS UK LIMITED 16 Nov 2012
    08298659 C D SMITH LIMITED 19 Nov 2012
    08301141 M.BULMER RENDERING & PLASTERING LTD 20 Nov 2012
    08311119 TURNING PILLARS DEVELOPMENTS LTD 28 Nov 2012
    08277933 UKPOPTOPS LIMITED 01 Nov 2012
    08283542 LC FIRE LTD 06 Nov 2012
    08284448 SR OFFSHORE CONSTRUCTION LIMITED 07 Nov 2012
    08284457 SEV AUTOMOTIVE AND PLANT LIMITED 07 Nov 2012
    08288057 FREAKSHOW N.E LTD 09 Nov 2012
    08299315 XFD LTD 20 Nov 2012
    08299679 FASTGLASS (NORTH EAST) LIMITED 20 Nov 2012
    08307227 YOUR GROWTH CONSULTING LIMITED 26 Nov 2012
    08308399 NORTHERN YOUTH THEATRE SHOWS LTD 27 Nov 2012
    08309747 SUNDERLAND BUSINESS LTD 27 Nov 2012
    08312045 QUN LTD 29 Nov 2012

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