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
New Company Registrations
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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.
Year Whitley Bay UK 2010 244 400,358 2009 230 362,675 2008 201 349,203 2007 239 457,649 2006 181 405,440 Record Year 2010 (244) 2007 (457,649) New Companies by Year
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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 Bay UK 2010 112 196,609 2009 126 180,654 % change -11.1% 8.8% Record Year 2009 (126) 2003 (201,446) New Companies by Half Year
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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 Bay UK 2010 60 95,117 2009 74 85,983 % change -18.9% 10.6% Record Year 2009 (74) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 23 20 17 New companies in 2009 30 28 16 % change -23.3% -28.6% 6.3% Record Year 2009 (30) 2009 (28) 2002 (26)
Closed Companies (dissolved)
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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.
Year Whitley Bay UK 2010 193 342,232 2009 233 533,773 2008 82 237,901 2007 107 220,295 2006 103 200,166 Record Year 2009 (233) 2009 (533,773) Dissolved Companies by Year
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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 Bay UK 2010 93 164,601 2009 97 244,537 % change -4.1% -32.7% Record Year 2009 (97) 2009 (244,537) Dissolved Companies by Half Year
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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 Bay UK 2010 50 76,896 2009 29 85,136 % change 72.4% -9.7% Record Year 2010 (50) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 19 18 13 Closed companies in 2009 10 10 9 % change 90.0% 80.0% 44% Record Year 2010 (19) 2010 (18) 2010 (13)
Net Company Growth
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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.
Year Whitley Bay UK 2010 51 58,126 2009 -3 -171,098 2008 119 111,302 2007 132 237,354 2006 78 205,274 Record Year 2007 (132) 2003 (242,543) Net Growth by Year
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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 Bay UK 2010 19 32,008 2009 29 -63,883 Record Year 2002 (91) 2003 (117,772) Net Growth by Half Year
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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 Bay UK 2010 10 18,221 2009 45 847 Record Year 2002 (54) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 4 2 4 Net growth in 2009 20 18 7 Record Year 2009 (20) 2009 (18) 2002 (23)
UK Company Share
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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.
Year Whitley Bay 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.1%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.0% Record Year (since 1960) 1966 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -32.8% -36.2% 1.1% Record Year 1966 (0.2%) 1965 (0.2%) 1966 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 1.92% CONSULTING 5.06% MANAGEMENT 1.49% MANAGEMENT 5.01% EAST 1.28% CONSULTANCY 3.14% SYSTEMS 1.07% PROPERTY 2.36% ENGINEERING 1.07% TRADING 2.11% CONSULTANCY 1.07% ASSOCIATES 1.95% CONSULTING 1.07% DESIGN 1.92% ACADEMY 1.07% BUSINESS 1.82% ELECTRICAL 0.85% CONSTRUCTION 1.82% (NE) 0.85% CONSULTANTS 1.76% TYNEMOUTH 0.85% MEDIA 1.71% BAY 0.85% ENGINEERING 1.62% FEET 0.64% LONDON 1.60% J 0.64% CARE 1.45% FINOMENAL 0.64% INVESTMENTS 1.44% BUILDING 0.64% GLOBAL 1.43% ASSOCIATES 0.64% J 1.42% CONSTRUCTION 0.64% IT 1.41% MEDIA 0.64% PROPERTIES 1.34% COAST 0.64% INTERNATIONAL 1.34% WHITLEY 0.64% BUILDING 1.34% DEVELOPMENT 0.64% M 1.30% ROAD 0.64% ELECTRICAL 1.25% EASTERN 0.43% SYSTEMS 1.24% CONSTANTINE 0.43% S 1.23%
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 76 199,572 9999 - Dormant Company 53 20,144 7499 - Non-trading company 23 12,000 74990 - Non-trading company 20 8,243 7487 - Other business activities 16 63,348 9305 - Other service activities 12 8,858 82990 - Other business support service activities not elsewhere classified 11 27,550 96090 - Other service activities not elsewhere classified 9 8,799 62090 - Other information technology service activities 7 6,330 74909 - Other professional, scientific and technical activities not elsewhere classified 7 7,088 70229 - Management consultancy activities other than financial management 7 14,505 71129 - Other engineering activities 6 1,513 43210 - Electrical installation 5 2,980 7414 - Business & management consultancy 5 13,474 8042 - Adult and other education 4 2,142 99999 - Dormant Company 4 16,285 5530 - Restaurants 4 4,939 62020 - Information technology consultancy activities 4 9,177 4521 - General construction & civil engineering 4 6,598 7260 - Other computer related activities 4 8,089
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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