Gateshead, Tyne And Wear

2010 Annual Business Confidence Report

Headlines

  • December 2010 saw a new record in company registrations in Gateshead when compared to any previous December.
  • November 2010 saw a new record in company closures in Gateshead when compared to any previous November.

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. Annual Data (2010)

    A total of 506 companies were formed in Gateshead in 2010. This total is 4.7% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearGatesheadUK
    2010506400,358
    2009531362,675
    2008502349,203
    2007563457,649
    2006463405,440
    Record Year2007 (563)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 229 companies were formed in Gateshead. This figure is 2.1% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Gateshead occurred in 2007 when a total of 259 were formed.

    Half Year (Jul-Dec)GatesheadUK
    2010229196,609
    2009234180,654
    % change-2.1%8.8%
    Record Year2007 (259)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 108 companies were registered in Gateshead during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 5.9% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GatesheadUK
    201010895,117
    200910285,983
    % change5.9%10.6%
    Record Year 2007 (122) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Gateshead when compared to any previous December.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010373833
    New companies in 2009433128
    % change-14.0%22.6%17.9%
    Record Year2003 (54)2007 (41)2010 (33)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 442 companies were dissolved in Gateshead in 2010. This total is 15.0% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearGatesheadUK
    2010442342,232
    2009520533,773
    2008214237,901
    2007206220,295
    2006181200,166
    Record Year2009 (520)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 211 companies were dissolved in Gateshead. This figure is 4.1% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Gateshead occurred in 2009 when a total of 220 were closed.

    Half Year (Jul-Dec)GatesheadUK
    2010211164,601
    2009220244,537
    % change-4.1%-32.7%
    Record Year2009 (220)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 78 companies were dissolved in Gateshead during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 23.5% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GatesheadUK
    20107876,896
    200910285,136
    % change-23.5%-9.7%
    Record Year 2009 (102) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010263220
    Closed companies in 2009442434
    % change-40.9%33.3%-41%
    Record Year2009 (44)2010 (32)2009 (34)

Net Company Growth

  1. Annual Data (2010)

    A total of 64 companies were added to the company register for Gateshead in 2010. This number represents growth of 12.1% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 53 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Gateshead company register grew by 357 companies.

    YearGatesheadUK
    20106458,126
    200911-171,098
    2008288111,302
    2007357237,354
    2006282205,274
    Record Year2007 (357)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Gateshead increased by 18 companies.

    Half Year (Jul-Dec)GatesheadUK
    20101832,008
    200914-63,883
    Record Year2003 (170)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Gateshead during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 30 companies.

    fourth quarter (Oct 2010 - Dec 2010)GatesheadUK
    20103018,221
    20090847
    Record Year 2003 (80) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201011613
    Net growth in 2009-17-6
    Record Year2003 (45)2003 (28)2007 (25)

UK Company Share

  1. Annual Data (2010)

    In 2010 Gateshead formed 0.1% of all UK companies. This is no change on 2009 when Gateshead was responsible for 0.1% of all UK companies.

    YearGateshead
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1973 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Gateshead formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Gateshead
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1980 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Gateshead
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1980 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-24.7%9.5%12.2%
    Record Year1980 (0.3%)1981 (0.5%)1963 (0.4%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.2.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 41.7.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.4.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Gateshead was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Gateshead in 2010 was 26.0%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Gateshead was 1860 when 42.9% of all directors were female.

    20.4% of all director appointments in Gateshead in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Gateshead was in 1977 when 31.1% of all directors were female.

    22.2% of all director appointments in Gateshead in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    NORTH1.48%CONSULTING5.06%
    EAST1.48%MANAGEMENT5.01%
    (NORTH1.37%CONSULTANCY3.14%
    EAST)1.37%PROPERTY2.36%
    MEDIA1.03%TRADING2.11%
    MANAGEMENT0.91%ASSOCIATES1.95%
    BUSINESS0.80%DESIGN1.92%
    DESIGN0.80%BUSINESS1.82%
    CATERING0.68%CONSTRUCTION1.82%
    PROPERTY0.68%CONSULTANTS1.76%
    HOLDINGS0.68%MEDIA1.71%
    CENTRE0.68%ENGINEERING1.62%
    SYSTEMS0.57%LONDON1.60%
    LEMON0.57%CARE1.45%
    BUILDING0.57%INVESTMENTS1.44%
    (NE)0.57%GLOBAL1.43%
    ENERGY0.57%J1.42%
    T0.57%IT1.41%
    ASSOCIATES0.57%PROPERTIES1.34%
    TRAINING0.57%INTERNATIONAL1.34%
    SOFA0.46%BUILDING1.34%
    LONDON0.46%M1.30%
    DISTINCTIVE0.46%ELECTRICAL1.25%
    ALCHEMY0.46%SYSTEMS1.24%
    S0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied309199,572
    7487 - Other business activities7263,348
    82990 - Other business support service activities not elsewhere classified2927,550
    99999 - Dormant Company2216,285
    9999 - Dormant Company1820,144
    7414 - Business & management consultancy1413,474
    4521 - General construction & civil engineering136,598
    74909 - Other professional, scientific and technical activities not elsewhere classified137,088
    96090 - Other service activities not elsewhere classified118,799
    70229 - Management consultancy activities other than financial management1114,505
    9305 - Other service activities118,858
    9262 - Other sporting activities101,599
    7260 - Other computer related activities108,089
    62020 - Information technology consultancy activities99,177
    68100 - Buying and selling of own real estate92,446
    9302 - Hairdressing & other beauty treatment81,496
    41100 - Development of building projects83,765
    86900 - Other human health activities83,700
    62090 - Other information technology service activities76,330
    85590 - Other education not elsewhere classified71,926

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07419733 GEORDIE WHOLESALERS LTD 26 Oct 2010
    07418138 BITS4SALE LIMITED 25 Oct 2010
    07413141 RECLAIM TIMBER MERCHANTS (NORTH EAST) LIMITED 20 Oct 2010
    07412897 HULLAH CONSULTANCY LIMITED 19 Oct 2010
    07411168 OIL INVEST LIMITED 18 Oct 2010
    07410247 DJ BUILDING AND CABINET SOLUTIONS LIMITED 18 Oct 2010
    07406351 SCOTT GREGORY LIMITED 13 Oct 2010
    07406138 KEITH HORNER LTD 13 Oct 2010
    07401627 E-QUALITY LEARNING LIMITED 08 Oct 2010
    07401086 ASIXIER LIMITED 08 Oct 2010
    07424392 I AM YOU LTD 29 Oct 2010
    07421606 PROMAN PROJECTS LIMITED 28 Oct 2010
    07418623 ASSURED INTELLIGENCE LIMITED 25 Oct 2010
    07411006 GORDON BROWN ESTATE AGENTS LIMITED 18 Oct 2010
    07408945 SOUND CREATIVE MEDIA LTD 15 Oct 2010
    07407152 CERBERUS PROJECT SERVICES LIMITED 14 Oct 2010
    07418292 FABRIC LEISURE LTD 25 Oct 2010
    07414142 F1 VENTILATION LTD 20 Oct 2010
    07410464 LEMON & LIME SELBY LIMITED 18 Oct 2010
    07410367 LEMON & LIME GAINSBOROUGH LIMITED 18 Oct 2010
    07406646 LEMON & LIME BEVERLEY LIMITED 13 Oct 2010
    07421507 SPECIALIST LOGISTICS SOLUTIONS (SLS) LIMITED 27 Oct 2010
    07405841 CALLITDUNN LIMITED 13 Oct 2010
    07404562 PINNK (NE) LIMITED 12 Oct 2010
    07401554 INGENIOUS TRANSPORT LIMITED 08 Oct 2010