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
New Company Registrations
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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) Gateshead UK 2010 121 101,492 2009 132 94,671 % change -8.3% 7.2% Record Year 2008 (138) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 36 44 41 New companies in 2009 47 40 45 % change -23.4% 10.0% -8.9% Record Year 2003 (60) 2007 (58) 2008 (50)
Closed Companies (dissolved)
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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) Gateshead UK 2010 133 87,705 2009 118 159,401 % change 12.7% -45.0% Record Year 2010 (133) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 21 88 24 Closed companies in 2009 30 30 58 % change -30.0% 193.3% -59% Record Year 2009 (30) 2010 (88) 2009 (58)
Net Company Growth
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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) Gateshead UK 2010 -12 13,787 2009 14 -64,730 Record Year 2003 (90) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 15 -44 17 Net growth in 2009 17 10 -13 Record Year 2003 (48) 2007 (44) 2002 (32)
UK Company Share
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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 2010 0.1% 2009 0.1% 2008 0.2% 2007 0.1% 2006 0.1% Record Year (since 1960) 1974 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -28.7% -0.2% -12.7% Record Year 1960 (0.4%) 1973 (0.4%) 1971 (0.3%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NORTH 1.84% MANAGEMENT 5.06% EAST) 1.84% CONSULTING 4.99% NORTH 1.73% CONSULTANCY 3.12% EAST 1.73% PROPERTY 2.38% MANAGEMENT 1.04% TRADING 2.04% BUSINESS 0.92% ASSOCIATES 2.01% DESIGN 0.92% DESIGN 1.93% MEDIA 0.81% CONSTRUCTION 1.86% PROPERTY 0.81% BUSINESS 1.80% T 0.69% MEDIA 1.75% CATERING 0.69% CONSULTANTS 1.73% R 0.69% LONDON 1.59% TRADING 0.58% ENGINEERING 1.59% INVESTMENTS 0.58% INVESTMENTS 1.49% ENERGY 0.58% CARE 1.44% CONSULTANCY 0.58% J 1.44% HOLDINGS 0.58% INTERNATIONAL 1.43% (NE) 0.58% GLOBAL 1.42% MAINTENANCE 0.58% IT 1.35% ASSOCIATES 0.58% PROPERTIES 1.35% CITY 0.58% BUILDING 1.32% CENTRE 0.58% ELECTRICAL 1.30% ENGINEERING 0.58% M 1.28% M 0.58% SYSTEMS 1.26% CONSTRUCTION 0.58% S 1.24%
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 323 202,902 7487 - Other business activities 79 69,802 82990 - Other business support service activities not elsewhere classified 24 25,053 9999 - Dormant Company 22 21,484 99999 - Dormant Company 20 14,072 7414 - Business & management consultancy 16 14,940 4521 - General construction & civil engineering 15 7,634 9305 - Other service activities 15 9,454 86900 - Other human health activities 13 3,361 68100 - Buying and selling of own real estate 12 2,447 96090 - Other service activities not elsewhere classified 11 7,767 62090 - Other information technology service activities 10 5,716 70229 - Management consultancy activities other than financial management 9 13,161 7260 - Other computer related activities 9 8,967 9302 - Hairdressing & other beauty treatment 8 1,631 7499 - Non-trading company 8 13,408 41201 - Construction of commercial buildings 7 1,363 74909 - Other professional, scientific and technical activities not elsewhere classified 7 6,460 6523 - Other financial intermediation 7 2,492 8514 - Other human health activities 7 2,650
Recent Companies
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Randomly selected companies from this quarter
reports
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