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
New Company Registrations
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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 Bay UK 2014 144 300,731 2013 160 269,432 % change -10.0% 11.6% Record Year 2013 (160) 2014 (300,731) New Companies by Half Year
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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 Bay UK 2014 84 150,009 2013 94 134,630 % change -10.6% 11.4% Record Year 2013 (94) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 34 29 21 New companies in 2013 29 34 31 % change 17.2% -14.7% -32.3% Record Year 2014 (34) 2013 (34) 2013 (31)
Closed Companies (dissolved)
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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 Bay UK 2014 95 177,207 2013 97 155,192 % change -2.1% 14.2% Record Year 2009 (136) 2009 (289,245) Dissolved Companies by Half Year
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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 Bay UK 2014 53 94,837 2013 43 77,278 % change 23.3% 22.7% Record Year 2009 (91) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 12 26 15 Closed companies in 2013 17 12 14 % change -29.4% 116.7% 7% Record Year 2009 (25) 2009 (41) 2009 (25)
Net Company Growth
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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 Bay UK 2014 49 123,524 2013 63 114,240 Record Year 2012 (77) 2007 (171,296) Net Growth by Half Year
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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 Bay UK 2014 31 55,172 2013 51 57,352 Record Year 2013 (51) 2007 (60,014) Net Growth by Quarter
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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
April May June Net growth in 2014 22 3 6 Net growth in 2013 12 22 17 Record Year 2014 (22) 2013 (22) 2013 (17)
UK Company Share
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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 2014 0.0% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2010 (0.1%) Company Share by Half Year
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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 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.0% UK formation share in 2013 0.1% 0.1% 0.1% % change 5.7% -21.2% -41.2% Record Year 2002 (0.1%) 2008 (0.1%) 1999 (0.1%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 1.94% CONSULTING 5.16% EAST 1.41% MANAGEMENT 4.64% TRAINING 1.24% CONSULTANCY 3.50% J 1.06% PROPERTY 2.66% P 1.06% TRADING 2.03% PROPERTY 1.06% ENGINEERING 1.99% M 1.06% CONSTRUCTION 1.93% INSPECTION 0.88% LONDON 1.93% NE 0.88% CARE 1.85% CONSULTING 0.88% DESIGN 1.75% MANAGEMENT 0.71% CONSULTANTS 1.73% HIRE 0.71% BUSINESS 1.69% BUSINESS 0.71% PROPERTIES 1.63% D 0.71% TRANSPORT 1.58% T 0.71% GLOBAL 1.55% SERVICE 0.53% INVESTMENTS 1.55% IT 0.53% J 1.51% WHITLEY 0.53% ASSOCIATES 1.48% CO 0.53% MEDIA 1.44% CIC 0.53% ELECTRICAL 1.40% (NORTH 0.53% IT 1.33% EAST) 0.53% DEVELOPMENTS 1.33% SUBSEA 0.53% BUILDING 1.26% (WHITLEY 0.53% M 1.24% ASSOCIATES 0.53% CO., 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 117 261,557 96090 - Other service activities not elsewhere classified 25 28,352 70229 - Management consultancy activities other than financial management 18 40,250 74909 - Other professional, scientific and technical activities not elsewhere classified 15 19,058 82990 - Other business support service activities not elsewhere classified 14 57,421 74990 - Non-trading company 11 14,351 62020 - Information technology consultancy activities 11 29,029 99999 - Dormant Company 11 48,436 43999 - Other specialised construction activities not elsewhere classified 9 8,533 43210 - Electrical installation 9 6,050 56101 - Licensed restaurants 9 8,585 63990 - Other information service activities not elsewhere classified 8 6,099 56302 - Public houses and bars 8 6,099 06100 - Extraction of crude petroleum 8 515 41202 - Construction of domestic buildings 7 7,053 43220 - Plumbing, heat and air-conditioning installation 7 5,075 45112 - Sale of used cars and light motor vehicles 7 3,392 71129 - Other engineering activities 7 5,787 68209 - Other letting and operating of own or leased real estate 6 10,133 41100 - Development of building projects 6 10,527
Recent Companies
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Randomly selected companies from this quarter
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