Gateshead, Tyne And Wear
Q1 2011 Business Confidence Report
Headlines
- Q1 2011 saw a new record in company closures in Gateshead when compared to any previous Q1.
- February 2011 saw a new record in company closures in Gateshead when compared to any previous February.
- January 2011 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 2011)
A total of 155 companies were registered in Gateshead during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 21.1% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Gateshead UK 2011 155 116,391 2010 128 105,137 % change 21.1% 10.7% Record Year 2007 (166) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 41 52 62 New companies in 2010 35 38 55 % change 17.1% 36.8% 12.7% Record Year 2008 (50) 2007 (55) 2007 (68)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
Q1 2011 saw a new record in company closures in Gateshead when compared to any previous Q1.
A total of 113 companies were dissolved in Gateshead during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 4.6% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Gateshead UK 2011 113 90,986 2010 108 82,677 % change 4.6% 10.0% Record Year 2011 (113) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Gateshead when compared to any previous February.
January 2011 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 2011 42 36 35 Closed companies in 2010 36 21 51 % change 16.7% 71.4% -31% Record Year 2011 (42) 2011 (36) 2009 (56)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Gateshead during the first quarter of 2011 (Jan 2011 - Mar 2011) was 42 companies.
first quarter (Jan 2011 - Mar 2011) Gateshead UK 2011 42 25,405 2010 20 22,460 Record Year 2007 (121) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -1 16 27 Net growth in 2010 -1 17 4 Record Year 2007 (33) 2007 (44) 2006 (51)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Gateshead formed 0.1% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Gateshead 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 1.1% 20.4% 7.5% Record Year 1967 (0.2%) 1964 (0.4%) 1960 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 43.5.
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 2.3% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Gateshead was in 1861 when 40.0% of all directors were female.
24.3% of all director appointments in Gateshead in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NORTH 1.19% CONSULTING 5.04% MANAGEMENT 1.19% MANAGEMENT 4.97% EAST) 1.08% CONSULTANCY 3.16% EAST 0.97% PROPERTY 2.38% NORTH 0.86% TRADING 2.10% MEDIA 0.86% DESIGN 1.93% TRAINING 0.76% ASSOCIATES 1.92% T 0.65% BUSINESS 1.87% PROPERTY 0.65% CONSTRUCTION 1.80% DESIGN 0.65% CONSULTANTS 1.76% S 0.65% MEDIA 1.69% BUSINESS 0.65% ENGINEERING 1.61% (NE) 0.65% LONDON 1.60% CENTRE 0.65% CARE 1.45% MAINTENANCE 0.54% J 1.45% C 0.54% GLOBAL 1.44% NE 0.54% INVESTMENTS 1.43% UTILITIES 0.54% IT 1.41% DEVELOPMENTS 0.54% PROPERTIES 1.36% LEMON 0.54% BUILDING 1.34% D 0.54% M 1.30% RECRUITMENT 0.54% ELECTRICAL 1.28% INVESTMENTS 0.54% S 1.24% CONSULTING 0.54% INTERNATIONAL 1.23% GUEST 0.43% SYSTEMS 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 330 202,798 7487 - Other business activities 69 60,968 82990 - Other business support service activities not elsewhere classified 27 30,253 99999 - Dormant Company 27 18,336 9999 - Dormant Company 19 19,765 7414 - Business & management consultancy 14 12,916 4521 - General construction & civil engineering 14 6,183 74909 - Other professional, scientific and technical activities not elsewhere classified 12 7,788 96090 - Other service activities not elsewhere classified 12 10,085 9305 - Other service activities 11 8,740 70229 - Management consultancy activities other than financial management 11 16,150 9262 - Other sporting activities 10 1,571 7260 - Other computer related activities 10 7,789 68100 - Buying and selling of own real estate 9 2,528 43999 - Other specialised construction activities not elsewhere classified 9 3,097 86900 - Other human health activities 8 4,092 43210 - Electrical installation 7 3,172 56302 - Public houses and bars 7 1,825 74990 - Non-trading company 7 8,695 9302 - Hairdressing & other beauty treatment 7 1,449
Recent Companies
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Randomly selected companies from this quarter
reports
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