Whitley Bay, Tyne And Wear
2014 Annual Business Confidence Report
Headlines
- The second half of 2014 saw a new record in company registrations in Whitley Bay when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2014)
A total of 282 companies were formed in Whitley Bay in 2014. This total is 1.1% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Whitley Bay UK 2014 282 582,051 2013 285 529,363 2012 277 491,893 2011 260 452,870 2010 244 400,358 Record Year 2013 (285) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Whitley Bay when compared to any previous second half year.
In the second half of 2014 a total of 138 companies were formed in Whitley Bay. This figure is 10.4% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Whitley Bay occurred in 2014 when a total of 138 were formed.
Half Year (Jul-Dec) Whitley Bay UK 2014 138 281,320 2013 125 259,931 % change 10.4% 8.2% Record Year 2014 (138) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 68 companies were registered in Whitley Bay during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 21.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Whitley Bay UK 2014 68 137,906 2013 56 127,247 % change 21.4% 8.4% Record Year 2009 (74) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 29 16 23 New companies in 2013 18 26 12 % change 61.1% -38.5% 91.7% Record Year 2009 (30) 2009 (28) 2002 (26)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 208 companies were dissolved in Whitley Bay in 2014. This total is 8.3% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Whitley Bay UK 2014 208 367,937 2013 192 332,213 2012 177 293,729 2011 204 314,524 2010 192 342,233 Record Year 2009 (233) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 113 companies were dissolved in Whitley Bay. This figure is 18.9% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 113 190,730 2013 95 177,021 % change 18.9% 7.7% Record Year 2011 (138) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 48 companies were dissolved in Whitley Bay during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 0.0% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Whitley Bay UK 2014 48 89,060 2013 48 90,851 % change 0.0% -2.0% Record Year 2011 (90) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 13 17 18 Closed companies in 2013 19 11 18 % change -31.6% 54.5% 0% Record Year 2011 (41) 2011 (31) 2011 (18)
Net Company Growth
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Annual Data (2014)
A total of 74 companies were added to the company register for Whitley Bay in 2014. This number represents growth of 26.2% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 19 companies lower 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 2014 74 214,114 2013 93 197,150 2012 100 198,164 2011 56 138,346 2010 52 58,125 Record Year 2007 (132) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Whitley Bay increased by 25 companies.
Half Year (Jul-Dec) Whitley Bay UK 2014 25 90,590 2013 30 82,910 Record Year 2002 (91) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Whitley Bay during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 20 companies.
fourth quarter (Oct 2014 - Dec 2014) Whitley Bay UK 2014 20 48,846 2013 8 36,396 Record Year 2009 (45) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 16 -1 5 Net growth in 2013 -1 15 -6 Record Year 2009 (20) 2009 (18) 2002 (23)
UK Company Share
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Annual Data (2014)
In 2014 Whitley Bay formed 0.0% of all UK companies. This is a decline on 2013 when Whitley Bay was responsible for 0.1% of all UK companies.
Year Whitley Bay 2014 0.0% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2009 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Whitley Bay formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Whitley Bay 2014 0.0% 2013 0.0% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2002 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Whitley Bay formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Whitley Bay 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.1% 2010 0.1% Record Year (since 1960) 2009 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.0% 0.1% UK formation share in 2013 0.0% 0.1% 0.0% % change 53.4% -41.6% 64.0% Record Year 2009 (0.1%) 2009 (0.1%) 2002 (0.1%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.9.
The percentage of directors under the age of 25 was 7.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 45.6.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 44.4.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 8.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Whitley Bay was 1990 when 46.2% of all directors were female.
The percentage of female directors in Whitley Bay in 2014 was 26.5%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Whitley Bay was 2008 when 40.8% of all directors were female.
26.4% of all director appointments in Whitley Bay in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Whitley Bay was in 2009 when 41.5% of all directors were female.
23.9% of all director appointments in Whitley Bay in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.57% CONSULTING 5.22% CONSULTING 1.22% MANAGEMENT 4.58% D 1.05% CONSULTANCY 3.57% NORTH 1.05% PROPERTY 2.66% EAST) 0.87% CONSTRUCTION 2.12% (NORTH 0.87% ENGINEERING 2.10% NE 0.87% CARE 2.02% M 0.87% TRADING 1.94% EAST 0.70% LONDON 1.93% G 0.70% TRANSPORT 1.93% BUSINESS 0.70% DESIGN 1.66% SUPPORT 0.70% CONSULTANTS 1.64% ENGINEERING 0.70% ELECTRICAL 1.62% TYNEMOUTH 0.70% PROPERTIES 1.62% (WHITLEY 0.70% BUSINESS 1.56% INSPECTION 0.70% J 1.54% BAY) 0.70% CO., 1.50% WHITE 0.52% GLOBAL 1.49% T 0.52% INVESTMENTS 1.48% TECHNOLOGY 0.52% ASSOCIATES 1.47% FOOD 0.52% DEVELOPMENTS 1.35% STORAGE 0.52% MEDIA 1.33% ROOFING 0.52% IT 1.31% F 0.52% BUILDING 1.29% CONSULTANCY 0.52% M 1.22%
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 108 265,608 96090 - Other service activities not elsewhere classified 24 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 16 19,049 82990 - Other business support service activities not elsewhere classified 16 58,068 70229 - Management consultancy activities other than financial management 16 42,290 99999 - Dormant Company 15 48,509 74990 - Non-trading company 14 13,984 43999 - Other specialised construction activities not elsewhere classified 11 8,761 56101 - Licensed restaurants 11 8,782 62020 - Information technology consultancy activities 10 30,178 56302 - Public houses and bars 8 6,285 41100 - Development of building projects 8 11,397 63990 - Other information service activities not elsewhere classified 7 6,157 68209 - Other letting and operating of own or leased real estate 7 11,212 71129 - Other engineering activities 7 6,132 43210 - Electrical installation 7 5,985 85590 - Other education not elsewhere classified 7 6,206 43220 - Plumbing, heat and air-conditioning installation 6 5,189 45112 - Sale of used cars and light motor vehicles 6 3,562 47910 - Retail sale via mail order houses or via Internet 6 10,107
Recent Companies
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Randomly selected companies from this quarter
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