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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09021754 AUTO FIX WASHINGTON LTD 01 May 2014 09023852 DBTT LIMITED 06 May 2014 09028487 E.C.B WELDING LTD 07 May 2014 09035340 BULTRANS LTD 12 May 2014 09035623 ALMINEX LTD 12 May 2014 09057183 RJJ MANAGEMENT LIMITED 27 May 2014 09022194 ARABESQUE RESTAURANT LTD 01 May 2014 09022275 WD INSPECTION LTD 01 May 2014 09025097 SOUNDZOFF LIMITED 06 May 2014 09029282 TRAIL OUTLAWS LIMITED 08 May 2014 09033845 WELDABILITY OFFSHORE LTD 12 May 2014 09040022 HELLENS LAND LIMITED 14 May 2014 09041871 ASPLEY DARREN RICHARD 0472 LIMITED 15 May 2014 09042747 BOMBSHELL BELLA LTD 15 May 2014 09044864 LEANITOPERATIONS LIMITED 16 May 2014 09021661 CYCLEFIX LTD 01 May 2014
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