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
New Company Registrations
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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 Durham UK 2015 1,079 161,156 2014 1,094 150,722 % change -1.4% 6.9% Record Year 2014 (1,094) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 320 323 436 New companies in 2014 315 386 393 % change 1.6% -16.3% 10.9% Record Year 2015 (320) 2014 (386) 2015 (436)
Closed Companies (dissolved)
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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 Durham UK 2015 518 89,523 2014 512 82,370 % change 1.2% 8.7% Record Year 2013 (729) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 134 185 199 Closed companies in 2014 151 179 182 % change -11.3% 3.4% 9% Record Year 2011 (246) 2013 (276) 2009 (257)
Net Company Growth
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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 Durham UK 2015 561 71,633 2014 582 68,352 Record Year 2007 (630) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 186 138 237 Net growth in 2014 164 207 211 Record Year 2015 (186) 2014 (207) 2007 (303)
UK Company Share
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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 2015 0.7% 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% Record Year (since 1960) 2009 (0.8%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.7% 0.6% 0.7% UK formation share in 2014 0.7% 0.8% 0.7% % change -0.4% -22.9% 1.1% Record Year 2010 (0.8%) 2009 (1.0%) 2000 (1.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 2.22% CONSULTING 5.23% MANAGEMENT 1.78% MANAGEMENT 4.56% CONSULTANCY 1.68% CONSULTANCY 3.62% ELECTRICAL 1.37% PROPERTY 2.72% NORTH 1.28% CONSTRUCTION 2.19% PROPERTY 1.22% CARE 2.13% CONSTRUCTION 1.12% ENGINEERING 2.12% INSPECTION 1.06% LONDON 1.91% EAST 1.06% TRADING 1.88% CONSULTING 0.95% TRANSPORT 1.82% J 0.95% ELECTRICAL 1.76% (NE) 0.89% DESIGN 1.65% DURHAM 0.85% PROPERTIES 1.63% CONSULTANTS 0.81% CO., 1.58% (NORTH 0.75% J 1.55% ASSOCIATES 0.75% CONSULTANTS 1.54% EAST) 0.72% BUSINESS 1.49% SAFETY 0.70% INVESTMENTS 1.49% DESIGN 0.68% GLOBAL 1.46% TRAINING 0.66% ASSOCIATES 1.44% ACCESS 0.64% DEVELOPMENTS 1.36% NE 0.64% BUILDING 1.31% WELDING 0.62% IT 1.30% CARE 0.58% MEDIA 1.28% S 0.58% M 1.27%
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 1,584 288,953 99999 - Dormant Company 279 49,474 70229 - Management consultancy activities other than financial management 251 43,081 82990 - Other business support service activities not elsewhere classified 221 58,522 43999 - Other specialised construction activities not elsewhere classified 193 9,080 74909 - Other professional, scientific and technical activities not elsewhere classified 192 19,098 96090 - Other service activities not elsewhere classified 180 29,218 71129 - Other engineering activities 161 6,278 62020 - Information technology consultancy activities 117 30,825 68209 - Other letting and operating of own or leased real estate 109 11,600 86900 - Other human health activities 94 13,990 47910 - Retail sale via mail order houses or via Internet 91 10,200 43210 - Electrical installation 83 6,139 71200 - Technical testing and analysis 78 1,162 74990 - Non-trading company 74 13,794 56302 - Public houses and bars 70 6,355 41100 - Development of building projects 64 11,863 69201 - Accounting and auditing activities 64 7,682 42990 - Construction of other civil engineering projects not elsewhere classified 64 2,565 56101 - Licensed restaurants 63 8,909
Recent Companies
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Randomly selected companies from this quarter
reports
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