Whitley Bay, Tyne And Wear

2014 Half Year Business Confidence Report

Headlines

  • April 2014 saw a new record in company registrations in Whitley Bay when compared to any previous April.
  • April 2014 saw a new record in net growth in Whitley Bay when compared to any previous April.

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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 144 companies were formed in Whitley Bay. This figure is 10.0% lower than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Whitley Bay occurred in 2013 when a total of 160 were formed.

    Half Year (Jan-Jun)Whitley BayUK
    2014144300,731
    2013160269,432
    % change-10.0%11.6%
    Record Year2013 (160)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 84 companies were registered in Whitley Bay during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 10.6% 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)Whitley BayUK
    201484150,009
    201394134,630
    % change-10.6%11.4%
    Record Year 2013 (94) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company registrations in Whitley Bay when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014342921
    New companies in 2013293431
    % change17.2%-14.7%-32.3%
    Record Year2014 (34)2013 (34)2013 (31)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 95 companies were dissolved in Whitley Bay. This figure is 2.1% lower than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Whitley Bay occurred in 2009 when a total of 136 were closed.

    Half Year (Jan-Jun)Whitley BayUK
    201495177,207
    201397155,192
    % change-2.1%14.2%
    Record Year2009 (136)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 53 companies were dissolved in Whitley Bay during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 23.3% versus the same period last year (Q2 2013). This figure compares poorly 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)Whitley BayUK
    20145394,837
    20134377,278
    % change23.3%22.7%
    Record Year 2009 (91) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014122615
    Closed companies in 2013171214
    % change-29.4%116.7%7%
    Record Year2009 (25)2009 (41)2009 (25)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Whitley Bay increased by 49 companies.

    Half Year (Jan-Jun)Whitley BayUK
    201449123,524
    201363114,240
    Record Year2012 (77)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Whitley Bay during the second quarter of 2014 (Apr 2014 - Jun 2014) was 31 companies.

    second quarter (Apr 2014 - Jun 2014)Whitley BayUK
    20143155,172
    20135157,352
    Record Year 2013 (51) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Whitley Bay when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 20142236
    Net growth in 2013122217
    Record Year2014 (22)2013 (22)2013 (17)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Whitley Bay formed 0.0% of all UK companies. This is less than the 2013 figure of 0.1%.

    Half Year (Jan-Jun)Whitley Bay
    20140.0%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2010 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Whitley Bay formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Whitley Bay
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2013 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.0%
    UK formation share in 20130.1%0.1%0.1%
    % change5.7%-21.2%-41.2%
    Record Year2002 (0.1%)2008 (0.1%)1999 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 46.3.

    The percentage of directors under the age of 25 was 8.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.9.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Whitley Bay was 2008 when 35.5% of all directors were female.

    26.6% of all director appointments in Whitley Bay 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
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Whitley Bay was in 2008 when 36.8% of all directors were female.

    27.4% of all director appointments in Whitley Bay 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

  1. Previous 12 months (Jun 2013-Jun 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    NORTH1.94%CONSULTING5.16%
    EAST1.41%MANAGEMENT4.64%
    TRAINING1.24%CONSULTANCY3.50%
    J1.06%PROPERTY2.66%
    P1.06%TRADING2.03%
    PROPERTY1.06%ENGINEERING1.99%
    M1.06%CONSTRUCTION1.93%
    INSPECTION0.88%LONDON1.93%
    NE0.88%CARE1.85%
    CONSULTING0.88%DESIGN1.75%
    MANAGEMENT0.71%CONSULTANTS1.73%
    HIRE0.71%BUSINESS1.69%
    BUSINESS0.71%PROPERTIES1.63%
    D0.71%TRANSPORT1.58%
    T0.71%GLOBAL1.55%
    SERVICE0.53%INVESTMENTS1.55%
    IT0.53%J1.51%
    WHITLEY0.53%ASSOCIATES1.48%
    CO0.53%MEDIA1.44%
    CIC0.53%ELECTRICAL1.40%
    (NORTH0.53%IT1.33%
    EAST)0.53%DEVELOPMENTS1.33%
    SUBSEA0.53%BUILDING1.26%
    (WHITLEY0.53%M1.24%
    ASSOCIATES0.53%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied117261,557
    96090 - Other service activities not elsewhere classified2528,352
    70229 - Management consultancy activities other than financial management1840,250
    74909 - Other professional, scientific and technical activities not elsewhere classified1519,058
    82990 - Other business support service activities not elsewhere classified1457,421
    74990 - Non-trading company1114,351
    62020 - Information technology consultancy activities1129,029
    99999 - Dormant Company1148,436
    43999 - Other specialised construction activities not elsewhere classified98,533
    43210 - Electrical installation96,050
    56101 - Licensed restaurants98,585
    63990 - Other information service activities not elsewhere classified86,099
    56302 - Public houses and bars86,099
    06100 - Extraction of crude petroleum8515
    41202 - Construction of domestic buildings77,053
    43220 - Plumbing, heat and air-conditioning installation75,075
    45112 - Sale of used cars and light motor vehicles73,392
    71129 - Other engineering activities75,787
    68209 - Other letting and operating of own or leased real estate610,133
    41100 - Development of building projects610,527

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08975839 BUSY BEES CHILDCARE LTD 03 Apr 2014
    08987318 ASTLEY 1963 LIMITED 09 Apr 2014
    08991031 A.H. BUSHES LIMITED 10 Apr 2014
    08997775 DJB WORK SCOPES LIMITED 15 Apr 2014
    09000125 S F PROJECTS LIMITED 16 Apr 2014
    09017249 WINDTECH OFFSHORE LTD 29 Apr 2014
    09018721 MASON MARINE (NE) LIMITED 30 Apr 2014
    08970934 JACQUELINES CONTAINER HIRE LIMITED 01 Apr 2014
    08971376 RENTALCASE LIMITED 01 Apr 2014
    08975493 VEGA TRAINING LIMITED 03 Apr 2014
    08976288 T M T SHELLFISH LIMITED 03 Apr 2014
    08977330 DD SOLUTIONS LIMITED 03 Apr 2014
    08981460 JA GOULD INSPECTION LTD 07 Apr 2014
    08982715 MARSHALL DEXTER ASSOCIATES LIMITED 07 Apr 2014
    08985454 PAUL WOODS FINANCE LIMITED 08 Apr 2014
    08987614 APP ENTERTAINMENT LTD 09 Apr 2014
    08988293 SILVERBACK PRINT LIMITED 09 Apr 2014
    08992336 WHITLEY TANDOORI LTD 11 Apr 2014
    08993580 SWEET LIME PATISSERIE LIMITED 11 Apr 2014
    08996570 ROCKCLIFFE FINANCE LTD 14 Apr 2014
    08999836 CF MORE LIMITED 16 Apr 2014
    09001834 P K LEWIS LTD 17 Apr 2014
    09002622 M & P MEDIATION LIMITED 17 Apr 2014
    09008291 VASSEGHI LTD 23 Apr 2014
    09011863 SIR PAUL ENNALS LTD 25 Apr 2014

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