Businesses in the North East In March 2023 there were 54,815 VAT or PAYE registered private sector enterprises within the North East LEP area. The latest North East total was equivalent to 443 private sector enterprises per 10,000 working age adults, compared to 615 for England excluding London. If the rates were identical there would have been over 21,000 additional enterprises in the North East. Almost 74% of enterprises in the North East were micro-businesses with zero to four employees. This proportion was lower than that for England excluding London (77%) and the lowest among the eight core city LEP areas. Private sector enterprises, North East LEP area, by local authority area and legal status, 2023Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area, and local authority areas. Private sector enterprises per 10,000 working age adults, Core city LEP areas, North East local authority areas, 2023Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area, England excluding London, England, LEP areas and local authority areas.
Adult population is defined as aged 16 and over. Private sector enterprises by employee size band (%), core city LEP areas and North East local authority areas, 2023Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on England excluding London, England, LEP areas and local authority areas. Private sector enterprises by employee size band (%), North East constituencies, 2023Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area constituencies. Private sector enterprises by turnover size band (%), core city LEP areas and North East local authority areas, 2023Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group. Turnover refers to estimated annual turnover
Based on England excluding London, England, LEP areas and local authority areas. D2N2 LEP covers Derby, Derbyshire, Nottingham and Nottinghamshire
Recent trends The number of North East private sector enterprises in 2023 was 2.4% higher than 2020, the third highest percentage increase among the eight core city LEP areas. This compared to an England excluding London decrease of 0.8%. The latest North East total is 12.0% higher than in 2015, the earliest date for which comparable data is available. This is a slightly higher increase than for England excluding London (10.4%). Within the North East, the highest percentage increases in private sector enterprises in the latest year were in Newcastle and Sunderland, while numbers decreased in South Tyneside. The highest percentage increase since 2015 was also in Newcastle.
Private sector enterprise count, index (2015 = 100), North East, national comparisonsSource: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area, England excluding London and England. Index based on 2015 business count = 100 in each area. Private sector enterprises, change since 2020, core city LEP areas, North East local authority areas (% - 2023)Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on England excluding London, England, LEP areas and local authority areas. Private sector enterprises, change since 2015, core city LEP areas, North East local authority areas (% - 2023)Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area, England excluding London, England, LEP areas and local authority areas. Enterprise counts prior to 2015 did not include some PAYE registered enterprises. Private sector enterprises per 10,000 working age adults, North East and England excluding London, over timeSource: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area constituencies.
Broad industry groups The North East has a different broad industry breakdown of private sector enterprises to England excluding London. Although the construction, wholesale and the professional, scientific and technical services sector are the largest sector in both areas, the percentage of North East enterprises within them is smaller. The North East also has comparatively small percentages within information and communication and many more businesses in accommodation and food services. Since 2020 there has been a large decrease in the number of information technology businesses, which may be linked to the introduction of the contractors “off payroll – working rules” changes (IR35) by HM Revenue and Customs. There has also been a relatively large decline in the number of professional, scientific and professional occupations. In absolute terms the sectors with the largest number of new enterprises since 2015 have been transportation and storage, construction and administrative and support services.
Private sector enterprises by broad industry group (%), North East, England excluding London, 2023Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
Based on North East LEP area, England excluding London. Broad industry groups include combinations of industry groups that have small numbers of private sector enterprises. Private sector enterprises by broad industry group, North East, percentage change over time (%)Source: UK Business Counts (ONS via Nomis) (last updated 2023, next update autumn 2024)
Data information: Annual count of enterprises registered for VAT and/or PAYE, taken in March. Enterprises are defined as the smallest combination of legal units (generally based on VAT or PAYE records) that have a certain degree of autonomy within an enterprise group.
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