Whitley Bay, Tyne And Wear
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Whitley Bay when compared to any year in history.
- The second half of 2011 saw a new record in company closures in Whitley Bay when compared to any previous second half year.
- The second half of 2011 was a record second half year for company closures in Whitley Bay when compared to any half year in history.
- Q4 2011 saw a new record in company closures in Whitley Bay when compared to any previous Q4.
- December 2011 saw a new record in company closures in Whitley Bay when compared to any previous December.
- November 2011 saw a new record in company closures in Whitley Bay when compared to any previous November.
- October 2011 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 (2011)
2011 was a record year for company registrations in Whitley Bay when compared to any year in history.
A total of 260 companies were formed in Whitley Bay in 2011. This total is 6.6% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Whitley Bay UK 2011 260 452,870 2010 244 400,358 2009 230 362,675 2008 201 349,203 2007 239 457,649 Record Year 2011 (260) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 119 companies were formed in Whitley Bay. This figure is 6.3% higher than last year, which compares badly to the UK wide figure of 14.0%.
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 2011 119 224,135 2010 112 196,609 % change 6.3% 14.0% Record Year 2009 (126) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 55 companies were registered in Whitley Bay during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 8.3% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Whitley Bay UK 2011 55 109,623 2010 60 95,117 % change -8.3% 15.3% Record Year 2009 (74) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 26 18 11 New companies in 2010 23 20 17 % change 13.0% -10.0% -35.3% Record Year 2009 (30) 2009 (28) 2002 (26)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 204 companies were dissolved in Whitley Bay in 2011. This total is 5.7% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Whitley Bay UK 2011 204 314,523 2010 193 342,232 2009 233 533,773 2008 82 237,901 2007 107 220,295 Record Year 2009 (233) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company closures in Whitley Bay when compared to any previous second half year.
The second half of 2011 was a record second half year for company closures in Whitley Bay when compared to any half year in history.
In the second half of 2011 a total of 138 companies were dissolved in Whitley Bay. This figure is 48.4% higher than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in Whitley Bay occurred in 2011 when a total of 138 were closed.
Half Year (Jul-Dec) Whitley Bay UK 2011 138 152,213 2010 93 164,601 % change 48.4% -7.5% Record Year 2011 (138) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company closures in Whitley Bay when compared to any previous Q4.
A total of 90 companies were dissolved in Whitley Bay during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 80.0% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Whitley Bay UK 2011 90 79,983 2010 50 76,896 % change 80.0% 4.0% Record Year 2011 (90) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company closures in Whitley Bay when compared to any previous December.
November 2011 saw a new record in company closures in Whitley Bay when compared to any previous November.
October 2011 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 2011 41 31 18 Closed companies in 2010 19 18 13 % change 115.8% 72.2% 38% Record Year 2011 (41) 2011 (31) 2011 (18)
Net Company Growth
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Annual Data (2011)
A total of 56 companies were added to the company register for Whitley Bay in 2011. This number represents growth of 23.0% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 5 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 2011 56 138,347 2010 51 58,126 2009 -3 -171,098 2008 119 111,302 2007 132 237,354 Record Year 2007 (132) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Whitley Bay decreased by 19 companies.
Half Year (Jul-Dec) Whitley Bay UK 2011 -19 71,922 2010 19 32,008 Record Year 2002 (91) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Whitley Bay during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was -35 companies.
fourth quarter (Oct 2011 - Dec 2011) Whitley Bay UK 2011 -35 29,640 2010 10 18,221 Record Year 2002 (54) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 -15 -13 -7 Net growth in 2010 4 2 4 Record Year 2009 (20) 2009 (18) 2002 (23)
UK Company Share
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Annual Data (2011)
In 2011 Whitley Bay formed 0.1% of all UK companies. This is no change on 2010 when Whitley Bay was responsible for 0.1% of all UK companies.
Year Whitley Bay 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Whitley Bay formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jul-Dec) Whitley Bay 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1975 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Whitley Bay formed 0.1% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Whitley Bay 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1966 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.0% 0.0% UK formation share in 2010 0.1% 0.1% 0.1% % change -1.8% -23.4% -42.6% Record Year 1966 (0.2%) 1965 (0.2%) 1966 (0.2%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 43.6.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 43.7.
The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 43.4.
The percentage of directors under the age of 25 was 7.9% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 34.0%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Whitley Bay was 1860 when 42.9% of all directors were female.
25.5% of all director appointments in Whitley Bay in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Whitley Bay was in 1977 when 31.1% of all directors were female.
14.0% of all director appointments in Whitley Bay in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage EAST 1.39% CONSULTING 5.07% NORTH 1.39% MANAGEMENT 4.74% WHITLEY 1.19% CONSULTANCY 3.26% BAY 1.19% PROPERTY 2.37% EAST) 1.19% TRADING 2.07% (NORTH 1.19% DESIGN 1.92% LEISURE 0.99% ASSOCIATES 1.86% DESIGN 0.99% ENGINEERING 1.78% HOME 0.99% BUSINESS 1.78% ENGINEERING 0.99% CONSULTANTS 1.76% COMMUNITY 0.79% CONSTRUCTION 1.73% MANAGEMENT 0.79% MEDIA 1.71% (NE) 0.79% LONDON 1.63% PROPERTY 0.79% J 1.51% NORTHERN 0.79% INVESTMENTS 1.48% M 0.60% GLOBAL 1.46% C 0.60% IT 1.41% SMART 0.60% CARE 1.39% MAINTENANCE 0.60% PROPERTIES 1.29% CONTRACTORS 0.60% ELECTRICAL 1.29% TRADING 0.60% M 1.27% COAST 0.60% BUILDING 1.26% CONSULTING 0.60% ENERGY 1.25% BUSINESS 0.60% S 1.20% CONSULTANCY 0.60% ENTERPRISES 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 None Supplied 75 205,525 9999 - Dormant Company 48 20,199 7499 - Non-trading company 17 9,957 7487 - Other business activities 14 57,052 74990 - Non-trading company 14 8,929 70229 - Management consultancy activities other than financial management 13 17,765 82990 - Other business support service activities not elsewhere classified 13 32,483 96090 - Other service activities not elsewhere classified 11 11,768 9305 - Other service activities 9 9,492 74909 - Other professional, scientific and technical activities not elsewhere classified 8 8,671 99999 - Dormant Company 7 21,846 7414 - Business & management consultancy 6 13,034 96020 - Hairdressing and other beauty treatment 6 2,380 62090 - Other information technology service activities 6 7,493 62020 - Information technology consultancy activities 6 12,072 4525 - Other special trades construction 5 1,651 86900 - Other human health activities 5 4,457 71129 - Other engineering activities 5 1,823 96040 - Physical well-being activities 4 409 43390 - Other building completion and finishing 4 2,832
Recent Companies
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Randomly selected companies from this quarter
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