Washington, Tyne And Wear
2014 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 99 companies were formed in Washington. This figure is 4.8% lower than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Washington occurred in 2013 when a total of 104 were formed.
Half Year (Jan-Jun) Washington UK 2014 99 300,731 2013 104 269,432 % change -4.8% 11.6% Record Year 2013 (104) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 50 companies were registered in Washington during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 7.4% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Washington UK 2014 50 150,009 2013 54 134,630 % change -7.4% 11.4% Record Year 2013 (54) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 20 16 14 New companies in 2013 20 18 16 % change 0.0% -11.1% -12.5% Record Year 2013 (20) 2011 (20) 2004 (22)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 56 companies were dissolved in Washington. This figure is 27.3% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Washington occurred in 2009 when a total of 78 were closed.
Half Year (Jan-Jun) Washington UK 2014 56 177,207 2013 44 155,192 % change 27.3% 14.2% Record Year 2009 (78) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 27 companies were dissolved in Washington during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 8.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Washington UK 2014 27 94,837 2013 25 77,278 % change 8.0% 22.7% Record Year 2009 (48) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 9 5 13 Closed companies in 2013 4 6 15 % change 125.0% -16.7% -13% Record Year 2008 (9) 2009 (20) 2009 (21)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Washington increased by 43 companies.
Half Year (Jan-Jun) Washington UK 2014 43 123,524 2013 60 114,240 Record Year 2013 (60) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Washington during the second quarter of 2014 (Apr 2014 - Jun 2014) was 23 companies.
second quarter (Apr 2014 - Jun 2014) Washington UK 2014 23 55,172 2013 29 57,352 Record Year 2011 (30) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 11 11 1 Net growth in 2013 16 12 1 Record Year 2013 (16) 2013 (12) 2004 (17)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Washington formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jan-Jun) Washington 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1980 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Washington formed 0.0% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Washington 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 2001 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change -9.8% -17.9% -24.2% Record Year 2001 (0.1%) 1991 (0.1%) 2004 (0.1%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.9.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 42.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Washington was 2011 when 31.8% of all directors were female.
25.7% of all director appointments in Washington in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Washington was in 2011 when 35.6% of all directors were female.
23.7% of all director appointments in Washington in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 1.23% CONSULTING 5.16% PROPERTY 1.23% MANAGEMENT 4.64% EAST 1.23% CONSULTANCY 3.50% (NE) 0.99% PROPERTY 2.66% ENGINEERING 0.99% TRADING 2.03% PROPERTIES 0.99% ENGINEERING 1.99% MANAGEMENT 0.99% CONSTRUCTION 1.93% DESIGN 0.99% LONDON 1.93% WASHINGTON 0.74% CARE 1.85% GAS 0.74% DESIGN 1.75% D 0.74% CONSULTANTS 1.73% EAST) 0.74% BUSINESS 1.69% (NORTH 0.74% PROPERTIES 1.63% COMMERCIAL 0.74% TRANSPORT 1.58% L 0.74% GLOBAL 1.55% HAIR 0.49% INVESTMENTS 1.55% BEAUTY 0.49% J 1.51% CONSULTING 0.49% ASSOCIATES 1.48% OFFSHORE 0.49% MEDIA 1.44% MEDIA 0.49% ELECTRICAL 1.40% URBAN 0.49% IT 1.33% FINANCIAL 0.49% DEVELOPMENTS 1.33% KITCHENS 0.49% BUILDING 1.26% TRAINING 0.49% M 1.24% PROJECT 0.49% CO., 1.20%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies 99999 - Dormant Company 178 48,436 None Supplied 80 261,557 96090 - Other service activities not elsewhere classified 14 28,352 43999 - Other specialised construction activities not elsewhere classified 12 8,533 70229 - Management consultancy activities other than financial management 12 40,250 82990 - Other business support service activities not elsewhere classified 11 57,421 62020 - Information technology consultancy activities 9 29,029 96020 - Hairdressing and other beauty treatment 9 6,631 85590 - Other education not elsewhere classified 8 6,043 74909 - Other professional, scientific and technical activities not elsewhere classified 6 19,058 56103 - Take-away food shops and mobile food stands 5 7,840 86900 - Other human health activities 5 11,292 56302 - Public houses and bars 5 6,099 71129 - Other engineering activities 5 5,787 68310 - Real estate agencies 4 3,631 93199 - Other sports activities 4 4,027 68201 - Renting and operating of Housing Association real estate 3 373 47910 - Retail sale via mail order houses or via Internet 3 9,900 47990 - Other retail sale not in stores, stalls or markets 3 6,286 63990 - Other information service activities not elsewhere classified 3 6,099
Recent Companies
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Randomly selected companies from this quarter
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