Washington, Tyne And Wear
2014 Annual Business Confidence Report
Headlines
- The second half of 2014 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 (2014)
A total of 185 companies were formed in Washington in 2014. This total is 11.9% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Washington UK 2014 185 582,051 2013 210 529,363 2012 176 491,893 2011 304 452,870 2010 137 400,358 Record Year 2011 (304) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 86 companies were formed in Washington. This figure is 18.9% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Washington occurred in 2011 when a total of 220 were formed.
Half Year (Jul-Dec) Washington UK 2014 86 281,320 2013 106 259,931 % change -18.9% 8.2% Record Year 2011 (220) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 42 companies were registered in Washington during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 16.0% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Washington UK 2014 42 137,906 2013 50 127,247 % change -16.0% 8.4% Record Year 2011 (171) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 17 17 8 New companies in 2013 19 15 16 % change -10.5% 13.3% -50.0% Record Year 2011 (154) 2012 (20) 2012 (17)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 133 companies were dissolved in Washington in 2014. This total is 30.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Washington UK 2014 133 367,937 2013 102 332,213 2012 89 293,729 2011 118 314,524 2010 129 342,233 Record Year 2009 (138) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Washington when compared to any previous second half year.
In the second half of 2014 a total of 77 companies were dissolved in Washington. This figure is 32.8% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Washington occurred in 2014 when a total of 77 were closed.
Half Year (Jul-Dec) Washington UK 2014 77 190,730 2013 58 177,021 % change 32.8% 7.7% Record Year 2014 (77) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 32 companies were dissolved in Washington during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 45.5% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Washington UK 2014 32 89,060 2013 22 90,851 % change 45.5% -2.0% Record Year 2011 (37) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 7 11 14 Closed companies in 2013 8 6 8 % change -12.5% 83.3% 75% Record Year 2011 (10) 2011 (15) 2009 (15)
Net Company Growth
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Annual Data (2014)
A total of 52 companies were added to the company register for Washington in 2014. This number represents growth of 28.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 56 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.
Year Washington UK 2014 52 214,114 2013 108 197,150 2012 87 198,164 2011 186 138,346 2010 8 58,125 Record Year 2011 (186) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Washington increased by 9 companies.
Half Year (Jul-Dec) Washington UK 2014 9 90,590 2013 48 82,910 Record Year 2011 (154) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Washington during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 10 companies.
fourth quarter (Oct 2014 - Dec 2014) Washington UK 2014 10 48,846 2013 28 36,396 Record Year 2011 (134) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 10 6 -6 Net growth in 2013 11 9 8 Record Year 2011 (144) 2012 (16) 2012 (13)
UK Company Share
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Annual Data (2014)
In 2014 Washington formed 0.0% of all UK companies. This is no change on 2013 when Washington was responsible for 0.0% of all UK companies.
Year Washington 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.1% 2010 0.0% Record Year (since 1960) 2011 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Washington formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Washington 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.1% 2010 0.0% Record Year (since 1960) 2011 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Washington formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Washington 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.2% 2010 0.0% Record Year (since 1960) 2011 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change -14.9% 7.5% -57.2% Record Year 2011 (0.4%) 1995 (0.1%) 1991 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.7.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.5.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.7.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Washington was 1989 when 50.0% of all directors were female.
The percentage of female directors in Washington in 2014 was 26.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Washington was 2012 when 31.7% of all directors were female.
27.1% of all director appointments in Washington in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Washington was in 2006 when 33.0% of all directors were female.
22.4% of all director appointments in Washington in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 2.22% CONSULTING 5.22% EAST 2.22% MANAGEMENT 4.58% (NE) 1.39% CONSULTANCY 3.57% WASHINGTON 1.39% PROPERTY 2.66% DEVELOPMENTS 0.83% CONSTRUCTION 2.12% ENGINEERING 0.83% ENGINEERING 2.10% PROPERTIES 0.83% CARE 2.02% PROPERTY 0.83% TRADING 1.94% LOGISTICS 0.83% LONDON 1.93% GREEN 0.83% TRANSPORT 1.93% PUB 0.83% DESIGN 1.66% ENTERPRISES 0.83% CONSULTANTS 1.64% WEARSIDE 0.83% ELECTRICAL 1.62% CONSULTING 0.83% PROPERTIES 1.62% COFFEE 0.56% BUSINESS 1.56% SHOP 0.56% J 1.54% SOLVARI 0.56% CO., 1.50% VILLAGE 0.56% GLOBAL 1.49% MANUFACTURING 0.56% INVESTMENTS 1.48% PIKE 0.56% ASSOCIATES 1.47% DANBROOK 0.56% DEVELOPMENTS 1.35% NEIL 0.56% MEDIA 1.33% IT 0.56% IT 1.31% RESTAURANT 0.56% BUILDING 1.29% TRAINING 0.56% M 1.22%
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 83 265,608 99999 - Dormant Company 30 48,509 96090 - Other service activities not elsewhere classified 13 29,009 43999 - Other specialised construction activities not elsewhere classified 12 8,761 85590 - Other education not elsewhere classified 11 6,206 96020 - Hairdressing and other beauty treatment 9 6,742 62020 - Information technology consultancy activities 9 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 8 19,049 70229 - Management consultancy activities other than financial management 8 42,290 82990 - Other business support service activities not elsewhere classified 7 58,068 56302 - Public houses and bars 7 6,285 56103 - Take-away food shops and mobile food stands 7 8,318 86900 - Other human health activities 5 12,976 71129 - Other engineering activities 5 6,132 93199 - Other sports activities 5 4,176 47990 - Other retail sale not in stores, stalls or markets 5 6,452 32990 - Other manufacturing not elsewhere classified 5 3,533 68310 - Real estate agencies 4 3,719 45200 - Maintenance and repair of motor vehicles 4 5,425 74990 - Non-trading company 4 13,984
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09248985 HARRY ENTERPRISES (NE) LTD 06 Oct 2014 09256094 STENNESS DEVELOPMENTS LIMITED 09 Oct 2014 09257376 DW SUPPORT SERVICES LIMITED 09 Oct 2014 09260217 THE PROPRTY KNIGHTS UK LTD 13 Oct 2014 09263587 RAN IT SOLUTIONS LTD 14 Oct 2014 09268375 SOLVARI LIMITED 17 Oct 2014 09276146 MADE FOR AN ANGEL UK LIMITED 22 Oct 2014 09276503 NITRAMOIL LIMITED 23 Oct 2014 09247696 DANBROOK ENERGY LTD 03 Oct 2014 09251174 FELLSIDE MEWS RTM COMPANY LIMITED 06 Oct 2014 09253161 RJN MARKETING SERVICES LIMITED 07 Oct 2014 09268197 SEE THINGS LIMITED 17 Oct 2014 09270842 ALBANY METAL SPINNERS LTD 20 Oct 2014 09272250 ECIG NORTH EAST LIMITED 20 Oct 2014 09283582 AJP LEISURE LTD 28 Oct 2014 09287216 SAFE AND SECURE LETTINGS LIMITED 29 Oct 2014 09287951 WEARSIDE TREE SERVICES LTD 30 Oct 2014
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