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
New Company Registrations
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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) Gateshead UK 2010 128 105,137 2009 108 91,034 % change 18.5% 15.5% Record Year 2007 (166) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 35 38 55 New companies in 2009 35 39 34 % change 0.0% -2.6% 61.8% Record Year 2008 (50) 2007 (55) 2007 (68)
Closed Companies (dissolved)
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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) Gateshead UK 2010 108 82,677 2009 98 108,060 % change 10.2% -23.5% Record Year 2010 (108) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 36 21 51 Closed companies in 2009 15 27 56 % change 140.0% -22.2% -9% Record Year 2010 (36) 2009 (27) 2009 (56)
Net Company Growth
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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) Gateshead UK 2010 20 22,460 2009 10 -17,026 Record Year 2007 (121) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 -1 17 4 Net growth in 2009 20 12 -22 Record Year 2007 (33) 2007 (44) 2006 (51)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -7.2% -16.6% 34.4% Record Year 1967 (0.2%) 1964 (0.4%) 1960 (0.4%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage NORTH 2.11% MANAGEMENT 5.01% EAST 1.77% CONSULTING 4.60% (NORTH 1.55% CONSULTANCY 2.87% EAST) 1.55% PROPERTY 2.50% (NE) 0.89% ASSOCIATES 2.04% MANAGEMENT 0.89% TRADING 1.93% QUBIC 0.89% DESIGN 1.91% ENGINEERING 0.89% CONSTRUCTION 1.87% BUSINESS 0.78% MEDIA 1.84% DESIGN 0.78% BUSINESS 1.74% GATESHEAD 0.78% INTERNATIONAL 1.73% R 0.67% CONSULTANTS 1.63% INVESTMENTS 0.55% ENGINEERING 1.54% CENTRE 0.55% J 1.48% CO 0.55% LONDON 1.45% ENERGY 0.55% INVESTMENTS 1.45% TRADING 0.55% GROUP 1.37% TRAINING 0.55% GLOBAL 1.35% VALLEY 0.55% PROPERTIES 1.35% CONSULTANCY 0.55% BUILDING 1.34% CITY 0.55% CARE 1.33% CONSTRUCTION 0.55% ELECTRICAL 1.30% CATERING 0.55% M 1.28% T 0.44% SYSTEMS 1.25% ACCESS 0.44% S 1.23%
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 289 228,645 7487 - Other business activities 76 74,904 9999 - Dormant Company 21 19,948 82990 - Other business support service activities not elsewhere classified 20 26,974 4521 - General construction & civil engineering 16 9,325 7414 - Business & management consultancy 15 17,003 70229 - Management consultancy activities other than financial management 15 14,007 68100 - Buying and selling of own real estate 15 2,973 99999 - Dormant Company 14 13,808 86900 - Other human health activities 13 3,445 9305 - Other service activities 12 9,038 7222 - Other software consultancy and supply 11 9,659 7011 - Development & sell real estate 10 5,300 62090 - Other information technology service activities 9 6,340 7499 - Non-trading company 9 15,398 4531 - Installation electrical wiring etc. 8 2,729 6523 - Other financial intermediation 8 2,689 96090 - Other service activities not elsewhere classified 8 8,154 41100 - Development of building projects 8 4,513 9234 - Other entertainment activities 8 1,762
Recent Companies
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Randomly selected companies from this quarter
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