Whitley Bay, Tyne And Wear

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Whitley Bay when compared to any year in history.
  • Q4 2010 saw a new record in company closures in Whitley Bay when compared to any previous Q4.
  • December 2010 saw a new record in company closures in Whitley Bay when compared to any previous December.
  • November 2010 saw a new record in company closures in Whitley Bay when compared to any previous November.
  • October 2010 saw a new record in company closures in Whitley Bay when compared to any previous October.

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)

    2010 was a record year for company registrations in Whitley Bay when compared to any year in history.

    A total of 244 companies were formed in Whitley Bay in 2010. This total is 6.1% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearWhitley BayUK
    2010244400,358
    2009230362,675
    2008201349,203
    2007239457,649
    2006181405,440
    Record Year2010 (244)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 112 companies were formed in Whitley Bay. This figure is 11.1% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Whitley Bay occurred in 2009 when a total of 126 were formed.

    Half Year (Jul-Dec)Whitley BayUK
    2010112196,609
    2009126180,654
    % change-11.1%8.8%
    Record Year2009 (126)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 60 companies were registered in Whitley Bay during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 18.9% 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)Whitley BayUK
    20106095,117
    20097485,983
    % change-18.9%10.6%
    Record Year 2009 (74) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010232017
    New companies in 2009302816
    % change-23.3%-28.6%6.3%
    Record Year2009 (30)2009 (28)2002 (26)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 193 companies were dissolved in Whitley Bay in 2010. This total is 17.2% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearWhitley BayUK
    2010193342,232
    2009233533,773
    200882237,901
    2007107220,295
    2006103200,166
    Record Year2009 (233)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 93 companies were dissolved in Whitley Bay. This figure is 4.1% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Whitley Bay occurred in 2009 when a total of 97 were closed.

    Half Year (Jul-Dec)Whitley BayUK
    201093164,601
    200997244,537
    % change-4.1%-32.7%
    Record Year2009 (97)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Whitley Bay when compared to any previous Q4.

    A total of 50 companies were dissolved in Whitley Bay during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 72.4% versus the same period last year (Q4 2009). This figure compares poorly 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)Whitley BayUK
    20105076,896
    20092985,136
    % change72.4%-9.7%
    Record Year 2010 (50) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company closures in Whitley Bay when compared to any previous December.

    November 2010 saw a new record in company closures in Whitley Bay when compared to any previous November.

    October 2010 saw a new record in company closures in Whitley Bay when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010191813
    Closed companies in 200910109
    % change90.0%80.0%44%
    Record Year2010 (19)2010 (18)2010 (13)

Net Company Growth

  1. Annual Data (2010)

    A total of 51 companies were added to the company register for Whitley Bay in 2010. This number represents growth of 22.2% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 54 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Whitley Bay company register grew by 132 companies.

    YearWhitley BayUK
    20105158,126
    2009-3-171,098
    2008119111,302
    2007132237,354
    200678205,274
    Record Year2007 (132)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Whitley Bay increased by 19 companies.

    Half Year (Jul-Dec)Whitley BayUK
    20101932,008
    200929-63,883
    Record Year2002 (91)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Whitley Bay during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 10 companies.

    fourth quarter (Oct 2010 - Dec 2010)Whitley BayUK
    20101018,221
    200945847
    Record Year 2002 (54) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010424
    Net growth in 200920187
    Record Year2009 (20)2009 (18)2002 (23)

UK Company Share

  1. Annual Data (2010)

    In 2010 Whitley Bay formed 0.1% of all UK companies. This is no change on 2009 when Whitley Bay was responsible for 0.1% of all UK companies.

    YearWhitley Bay
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960)1965 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Whitley Bay formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Whitley Bay
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1975 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Whitley Bay formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Whitley Bay
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-32.8%-36.2%1.1%
    Record Year1966 (0.2%)1965 (0.2%)1966 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.4.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.5% 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 45.0.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.2% 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 45.5.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 7.4% 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 Whitley Bay was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Whitley Bay in 2010 was 31.9%. 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 Whitley Bay was 1860 when 42.9% of all directors were female.

    28.8% of all director appointments in Whitley Bay 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 Whitley Bay was in 1977 when 31.1% of all directors were female.

    26.9% of all director appointments in Whitley Bay 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
    NORTH1.92%CONSULTING5.06%
    MANAGEMENT1.49%MANAGEMENT5.01%
    EAST1.28%CONSULTANCY3.14%
    SYSTEMS1.07%PROPERTY2.36%
    ENGINEERING1.07%TRADING2.11%
    CONSULTANCY1.07%ASSOCIATES1.95%
    CONSULTING1.07%DESIGN1.92%
    ACADEMY1.07%BUSINESS1.82%
    ELECTRICAL0.85%CONSTRUCTION1.82%
    (NE)0.85%CONSULTANTS1.76%
    TYNEMOUTH0.85%MEDIA1.71%
    BAY0.85%ENGINEERING1.62%
    FEET0.64%LONDON1.60%
    J0.64%CARE1.45%
    FINOMENAL0.64%INVESTMENTS1.44%
    BUILDING0.64%GLOBAL1.43%
    ASSOCIATES0.64%J1.42%
    CONSTRUCTION0.64%IT1.41%
    MEDIA0.64%PROPERTIES1.34%
    COAST0.64%INTERNATIONAL1.34%
    WHITLEY0.64%BUILDING1.34%
    DEVELOPMENT0.64%M1.30%
    ROAD0.64%ELECTRICAL1.25%
    EASTERN0.43%SYSTEMS1.24%
    CONSTANTINE0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied76199,572
    9999 - Dormant Company5320,144
    7499 - Non-trading company2312,000
    74990 - Non-trading company208,243
    7487 - Other business activities1663,348
    9305 - Other service activities128,858
    82990 - Other business support service activities not elsewhere classified1127,550
    96090 - Other service activities not elsewhere classified98,799
    62090 - Other information technology service activities76,330
    74909 - Other professional, scientific and technical activities not elsewhere classified77,088
    70229 - Management consultancy activities other than financial management714,505
    71129 - Other engineering activities61,513
    43210 - Electrical installation52,980
    7414 - Business & management consultancy513,474
    8042 - Adult and other education42,142
    99999 - Dormant Company416,285
    5530 - Restaurants44,939
    62020 - Information technology consultancy activities49,177
    4521 - General construction & civil engineering46,598
    7260 - Other computer related activities48,089

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07478964 F MORRIS SOCIAL WORK LIMITED 29 Dec 2010
    07478512 TEXOH LIMITED 29 Dec 2010
    07476550 WILKIND LIMITED 22 Dec 2010
    07475222 THREE MOTION MEDIA LIMITED 21 Dec 2010
    07468077 PIPETAWSE PROPERTIES LIMITED 13 Dec 2010
    07460159 FOWBERRY LTD 03 Dec 2010
    07458171 IGUIDE CONSULTANTS LIMITED 02 Dec 2010
    07474764 COXHOE ELECTRICAL SERVICES LIMITED 21 Dec 2010
    07472096 YOUR HOME (NE) LIMITED 16 Dec 2010
    07470044 TRAVELLERHOLIDAYS LIMITED 15 Dec 2010
    07469378 FINOMENAL FEET (NORTH SHIELDS) LIMITED 14 Dec 2010
    07469368 FINOMENAL FEET (FOREST HALL) LIMITED 14 Dec 2010
    07469340 FINOMENAL FEET (WHITLEY BAY) LIMITED 14 Dec 2010
    07466390 R I TRADING LTD 10 Dec 2010
    07465312 BIDWEE SHOPPING LTD 09 Dec 2010
    07463306 BUTLER TILING LIMITED 08 Dec 2010
    07459474 CONSTANTINE ACADEMY LIMITED 03 Dec 2010

reports

Select a report from the list below: