Gateshead, Tyne And Wear

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Gateshead when compared to any previous Q1.
  • January 2010 saw a new record in company closures in Gateshead 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 2010)

    A total of 128 companies were registered in Gateshead during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 18.5% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)GatesheadUK
    2010128105,137
    200910891,034
    % change18.5%15.5%
    Record Year 2007 (166) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010353855
    New companies in 2009353934
    % change0.0%-2.6%61.8%
    Record Year2008 (50)2007 (55)2007 (68)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Gateshead when compared to any previous Q1.

    A total of 108 companies were dissolved in Gateshead during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 10.2% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)GatesheadUK
    201010882,677
    200998108,060
    % change10.2%-23.5%
    Record Year 2010 (108) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Gateshead when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010362151
    Closed companies in 2009152756
    % change140.0%-22.2%-9%
    Record Year2010 (36)2009 (27)2009 (56)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Gateshead during the first quarter of 2010 (Jan 2010 - Mar 2010) was 20 companies.

    first quarter (Jan 2010 - Mar 2010)GatesheadUK
    20102022,460
    200910-17,026
    Record Year 2007 (121) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010-1174
    Net growth in 20092012-22
    Record Year2007 (33)2007 (44)2006 (51)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Gateshead formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Gateshead
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-7.2%-16.6%34.4%
    Record Year1967 (0.2%)1964 (0.4%)1960 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.4.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Gateshead was in 1861 when 40.0% of all directors were female.

    18.9% of all director appointments in Gateshead in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    NORTH2.11%MANAGEMENT5.01%
    EAST1.77%CONSULTING4.60%
    (NORTH1.55%CONSULTANCY2.87%
    EAST)1.55%PROPERTY2.50%
    (NE)0.89%ASSOCIATES2.04%
    MANAGEMENT0.89%TRADING1.93%
    QUBIC0.89%DESIGN1.91%
    ENGINEERING0.89%CONSTRUCTION1.87%
    BUSINESS0.78%MEDIA1.84%
    DESIGN0.78%BUSINESS1.74%
    GATESHEAD0.78%INTERNATIONAL1.73%
    R0.67%CONSULTANTS1.63%
    INVESTMENTS0.55%ENGINEERING1.54%
    CENTRE0.55%J1.48%
    CO0.55%LONDON1.45%
    ENERGY0.55%INVESTMENTS1.45%
    TRADING0.55%GROUP1.37%
    TRAINING0.55%GLOBAL1.35%
    VALLEY0.55%PROPERTIES1.35%
    CONSULTANCY0.55%BUILDING1.34%
    CITY0.55%CARE1.33%
    CONSTRUCTION0.55%ELECTRICAL1.30%
    CATERING0.55%M1.28%
    T0.44%SYSTEMS1.25%
    ACCESS0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied289228,645
    7487 - Other business activities7674,904
    9999 - Dormant Company2119,948
    82990 - Other business support service activities not elsewhere classified2026,974
    4521 - General construction & civil engineering169,325
    7414 - Business & management consultancy1517,003
    70229 - Management consultancy activities other than financial management1514,007
    68100 - Buying and selling of own real estate152,973
    99999 - Dormant Company1413,808
    86900 - Other human health activities133,445
    9305 - Other service activities129,038
    7222 - Other software consultancy and supply119,659
    7011 - Development & sell real estate105,300
    62090 - Other information technology service activities96,340
    7499 - Non-trading company915,398
    4531 - Installation electrical wiring etc.82,729
    6523 - Other financial intermediation82,689
    96090 - Other service activities not elsewhere classified88,154
    41100 - Development of building projects84,513
    9234 - Other entertainment activities81,762

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07137464 GSDR LIMITED 27 Jan 2010
    07134175 UK-FFR LTD 22 Jan 2010
    07131027 DUNMOS ESTATES LTD 20 Jan 2010
    07129530 FULFILLING LIVES LIMITED 19 Jan 2010
    07127550 NICOLE BAKER LIMITED 16 Jan 2010
    07123707 NORTHLINE PROPERTY LTD 13 Jan 2010
    07120684 J&S CONSTRUCTION (NORTH EAST) LTD 09 Jan 2010
    07116716 EVERYSHRED LTD 05 Jan 2010
    07115529 CHROMEL LIMITED 04 Jan 2010
    OC351483 SURVEYORS NORTH EAST LLP 14 Jan 2010
    07138514 T FARRELL ROOFING AND BUILDING LIMITED 27 Jan 2010
    07131362 AJ AIR-CONDITIONING LIMITED 20 Jan 2010
    07130520 PREMIER MANTELS LIMITED 20 Jan 2010
    07118490 35SG LIMITED 07 Jan 2010
    07116364 DAVID WEEKS LIMITED 05 Jan 2010
    07132581 NORTH EAST FRUITERERS LIMITED 21 Jan 2010
    07126792 NEW WORLD ADVERTISING COMPANY LTD 15 Jan 2010
    07126055 CENTURY SIGNS LTD 14 Jan 2010
    07120001 BELLA AME LIMITED 08 Jan 2010
    07138956 WEY AYE MAN ROPE ACCESS LTD 28 Jan 2010
    07137066 VALLEY EQUIPMENT LEASING LIMITED 26 Jan 2010
    07135476 VALUE BOOZE CASH AND CARRY LIMITED 26 Jan 2010
    07127544 MOBILE SHRED LIMITED 16 Jan 2010
    07122973 ADB PIPELINE FINISHING LIMITED 12 Jan 2010
    OC351235 J R B SURVEYORS LLP 04 Jan 2010