Gateshead, Tyne And Wear

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company closures in Gateshead when compared to any previous Q3.
  • August 2010 saw a new record in company closures in Gateshead when compared to any previous August.
  • August 2010 was a record month for company closures in Gateshead when compared to any month in history.

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 (Q3 Jul-Sep 2010)

    A total of 121 companies were registered in Gateshead during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 8.3% versus the same period last year (Q3 2009). This figure compares badly to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)GatesheadUK
    2010121101,492
    200913294,671
    % change-8.3%7.2%
    Record Year 2008 (138) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010364441
    New companies in 2009474045
    % change-23.4%10.0%-8.9%
    Record Year2003 (60)2007 (58)2008 (50)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company closures in Gateshead when compared to any previous Q3.

    A total of 133 companies were dissolved in Gateshead during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 12.7% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)GatesheadUK
    201013387,705
    2009118159,401
    % change12.7%-45.0%
    Record Year 2010 (133) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

    August 2010 was a record month for company closures in Gateshead when compared to any month in history.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010218824
    Closed companies in 2009303058
    % change-30.0%193.3%-59%
    Record Year2009 (30)2010 (88)2009 (58)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Gateshead during the third quarter of 2010 (Jul 2010 - Sep 2010) was -12 companies.

    third quarter (Jul 2010 - Sep 2010)GatesheadUK
    2010-1213,787
    200914-64,730
    Record Year 2003 (90) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201015-4417
    Net growth in 20091710-13
    Record Year2003 (48)2007 (44)2002 (32)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

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

    third quarter (Jul 2010 - Sep 2010)Gateshead
    20100.1%
    20090.1%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 1974 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-28.7%-0.2%-12.7%
    Record Year1960 (0.4%)1973 (0.4%)1971 (0.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 41.0.

    The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 1.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Gateshead was in 1862 when 50.0% of all directors were female.

    18.9% of all director appointments in Gateshead in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NORTH1.84%MANAGEMENT5.06%
    EAST)1.84%CONSULTING4.99%
    NORTH1.73%CONSULTANCY3.12%
    EAST1.73%PROPERTY2.38%
    MANAGEMENT1.04%TRADING2.04%
    BUSINESS0.92%ASSOCIATES2.01%
    DESIGN0.92%DESIGN1.93%
    MEDIA0.81%CONSTRUCTION1.86%
    PROPERTY0.81%BUSINESS1.80%
    T0.69%MEDIA1.75%
    CATERING0.69%CONSULTANTS1.73%
    R0.69%LONDON1.59%
    TRADING0.58%ENGINEERING1.59%
    INVESTMENTS0.58%INVESTMENTS1.49%
    ENERGY0.58%CARE1.44%
    CONSULTANCY0.58%J1.44%
    HOLDINGS0.58%INTERNATIONAL1.43%
    (NE)0.58%GLOBAL1.42%
    MAINTENANCE0.58%IT1.35%
    ASSOCIATES0.58%PROPERTIES1.35%
    CITY0.58%BUILDING1.32%
    CENTRE0.58%ELECTRICAL1.30%
    ENGINEERING0.58%M1.28%
    M0.58%SYSTEMS1.26%
    CONSTRUCTION0.58%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied323202,902
    7487 - Other business activities7969,802
    82990 - Other business support service activities not elsewhere classified2425,053
    9999 - Dormant Company2221,484
    99999 - Dormant Company2014,072
    7414 - Business & management consultancy1614,940
    4521 - General construction & civil engineering157,634
    9305 - Other service activities159,454
    86900 - Other human health activities133,361
    68100 - Buying and selling of own real estate122,447
    96090 - Other service activities not elsewhere classified117,767
    62090 - Other information technology service activities105,716
    70229 - Management consultancy activities other than financial management913,161
    7260 - Other computer related activities98,967
    9302 - Hairdressing & other beauty treatment81,631
    7499 - Non-trading company813,408
    41201 - Construction of commercial buildings71,363
    74909 - Other professional, scientific and technical activities not elsewhere classified76,460
    6523 - Other financial intermediation72,492
    8514 - Other human health activities72,650

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07329554 GOSPELWARE LIMITED 29 Jul 2010
    07322387 A.H.U.S. PLANT HIRE LIMITED 22 Jul 2010
    07318303 HEYWOODPHILLIPS LTD 19 Jul 2010
    07317926 SLING URNST HYME & RIM LTD 19 Jul 2010
    07317363 DREAMLABORATORY LTD 16 Jul 2010
    07311003 MATZLIACH LTD 12 Jul 2010
    07310808 CRF INVESTMENTS LTD 12 Jul 2010
    07308789 THE GLOBE HOTEL (GATESHEAD) LTD 08 Jul 2010
    07302622 GATESHEAD VOLUNTARY ORGANISATIONS COUNCIL 02 Jul 2010
    07302237 BRIDGEVIEW MEDIA LTD 02 Jul 2010
    07328840 MORGAN REAY LTD 28 Jul 2010
    07310800 WILSON BROTHERS ACCESS LIMITED 12 Jul 2010
    07309806 LIAM DOCHERTY CONSULTANCY SERVICES LIMITED 09 Jul 2010
    07304087 ABC BOOKKEEPING & PAYROLL LTD 05 Jul 2010
    07326739 A1 RACEWEAR LIMITED 27 Jul 2010
    07313497 TWH MANAGEMENT SERVICES LTD 13 Jul 2010
    07301871 SALCE (N.E.) LIMITED 01 Jul 2010
    07329568 KINGS GAP TRADING LIMITED 29 Jul 2010
    07316829 J.E.T 2000 LIMITED 15 Jul 2010
    07315444 GROUND HAWK (MAPPING) LIMITED 15 Jul 2010
    07313324 MALONES RENEWABLE ENERGY LTD 13 Jul 2010
    07308525 SB (NORTH SHIELDS) LIMITED 08 Jul 2010
    07306630 TURN KEY AIR CONDITIONING (SOUTH EAST) LIMITED 07 Jul 2010
    07306339 VIVEX ENGINEERING LIMITED 06 Jul 2010
    OC356492 COMMERCIAL & TEMPERANCE DEVELOPMENTS LLP 16 Jul 2010