County Durham

Q1 2015 Business Confidence Report

Headlines

  • March 2015 saw a new record in company registrations in County Durham when compared to any previous March.
  • March 2015 was a record month for company registrations in County Durham when compared to any month in history.
  • January 2015 saw a new record in company registrations in County Durham when compared to any previous January.
  • January 2015 saw a new record in net growth in County Durham when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 1,079 companies were registered in County Durham during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 1.4% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)County DurhamUK
    20151,079161,156
    20141,094150,722
    % change-1.4%6.9%
    Record Year 2014 (1,094) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in County Durham when compared to any previous March.

    March 2015 was a record month for company registrations in County Durham when compared to any month in history.

    January 2015 saw a new record in company registrations in County Durham when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015320323436
    New companies in 2014315386393
    % change1.6%-16.3%10.9%
    Record Year2015 (320)2014 (386)2015 (436)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 518 companies were dissolved in County Durham during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 1.2% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)County DurhamUK
    201551889,523
    201451282,370
    % change1.2%8.7%
    Record Year 2013 (729) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015134185199
    Closed companies in 2014151179182
    % change-11.3%3.4%9%
    Record Year2011 (246)2013 (276)2009 (257)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for County Durham during the first quarter of 2015 (Jan 2015 - Mar 2015) was 561 companies.

    first quarter (Jan 2015 - Mar 2015)County DurhamUK
    201556171,633
    201458268,352
    Record Year 2007 (630) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in County Durham when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015186138237
    Net growth in 2014164207211
    Record Year2015 (186)2014 (207)2007 (303)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, County Durham formed 0.7% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)County Durham
    20150.7%
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    Record Year (since 1960) 2009 (0.8%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.7%0.6%0.7%
    UK formation share in 20140.7%0.8%0.7%
    % change-0.4%-22.9%1.1%
    Record Year2010 (0.8%)2009 (1.0%)2000 (1.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.2.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in County Durham was in 2007 when 35.0% of all directors were female.

    26.3% of all director appointments in County Durham in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    ENGINEERING2.22%CONSULTING5.23%
    MANAGEMENT1.78%MANAGEMENT4.56%
    CONSULTANCY1.68%CONSULTANCY3.62%
    ELECTRICAL1.37%PROPERTY2.72%
    NORTH1.28%CONSTRUCTION2.19%
    PROPERTY1.22%CARE2.13%
    CONSTRUCTION1.12%ENGINEERING2.12%
    INSPECTION1.06%LONDON1.91%
    EAST1.06%TRADING1.88%
    CONSULTING0.95%TRANSPORT1.82%
    J0.95%ELECTRICAL1.76%
    (NE)0.89%DESIGN1.65%
    DURHAM0.85%PROPERTIES1.63%
    CONSULTANTS0.81%CO.,1.58%
    (NORTH0.75%J1.55%
    ASSOCIATES0.75%CONSULTANTS1.54%
    EAST)0.72%BUSINESS1.49%
    SAFETY0.70%INVESTMENTS1.49%
    DESIGN0.68%GLOBAL1.46%
    TRAINING0.66%ASSOCIATES1.44%
    ACCESS0.64%DEVELOPMENTS1.36%
    NE0.64%BUILDING1.31%
    WELDING0.62%IT1.30%
    CARE0.58%MEDIA1.28%
    S0.58%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,584288,953
    99999 - Dormant Company27949,474
    70229 - Management consultancy activities other than financial management25143,081
    82990 - Other business support service activities not elsewhere classified22158,522
    43999 - Other specialised construction activities not elsewhere classified1939,080
    74909 - Other professional, scientific and technical activities not elsewhere classified19219,098
    96090 - Other service activities not elsewhere classified18029,218
    71129 - Other engineering activities1616,278
    62020 - Information technology consultancy activities11730,825
    68209 - Other letting and operating of own or leased real estate10911,600
    86900 - Other human health activities9413,990
    47910 - Retail sale via mail order houses or via Internet9110,200
    43210 - Electrical installation836,139
    71200 - Technical testing and analysis781,162
    74990 - Non-trading company7413,794
    56302 - Public houses and bars706,355
    41100 - Development of building projects6411,863
    69201 - Accounting and auditing activities647,682
    42990 - Construction of other civil engineering projects not elsewhere classified642,565
    56101 - Licensed restaurants638,909

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09373185 KO BATHROOMS LTD 05 Jan 2015
    09377315 CHARLIE-ROSE LTD 07 Jan 2015
    09377337 FALAFEL ALHANA LIMITED 07 Jan 2015
    09400021 THE FRIENDS OF THE DURHAM MINERS' GALA LIMITED 21 Jan 2015
    09401166 SAFE STAFFING SOLUTIONS LIMITED 22 Jan 2015
    09411310 MARVEL INNOVATIONS LIMITED 28 Jan 2015
    09412138 SOUTH DURHAM PRIMARY CARE LTD 29 Jan 2015
    09383624 PREMIER CLEAN & SEAL LTD. 12 Jan 2015
    09387565 MSW NE LTD 14 Jan 2015
    09407946 NORTHERN HOSE & BELTING LTD 27 Jan 2015
    09396065 BHARAT V GOWARDHAN LIMITED 20 Jan 2015
    09396541 CHRIS WATSON SOUND RECORDINGS LTD 20 Jan 2015
    09402320 ETRO DEVELOPMENTS LIMITED 22 Jan 2015
    09392636 JILL ANDERSON BUSINESS SUPPORT SERVICES LIMITED 16 Jan 2015
    09411779 MICHAEL PATTERSON LIMITED 28 Jan 2015
    09400718 SPEAREY LIMITED 22 Jan 2015
    09405174 SANTOS TRAINING & DEVELOPMENT LTD 26 Jan 2015
    09412285 CUMMINGS CONTRACTORS LIMITED 29 Jan 2015
    09384021 DAVE NEVISON WELDING SERVICES LIMITED 12 Jan 2015
    09388112 CHEVIN CONSULTING LTD 14 Jan 2015
    09396276 PHOENIX DEVELOPMENT SOLUTIONS LTD 20 Jan 2015
    09400126 SHMOOV MANAGEMENT LTD 21 Jan 2015
    09372097 THE GREEN ROOM BAR & GRILL LIMITED 02 Jan 2015
    09372384 BERRYBOOTIQUE LIMITED 02 Jan 2015
    09375580 ARMDEV LIMITED 06 Jan 2015