Gateshead, Tyne And Wear

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Gateshead when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Gateshead when compared to any quarter in history.
  • February 2015 saw a new record in company registrations in Gateshead when compared to any previous February.
  • January 2015 saw a new record in company registrations in Gateshead when compared to any previous January.
  • February 2015 saw a new record in company closures in Gateshead when compared to any previous February.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Gateshead when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Gateshead when compared to any quarter in history.

    A total of 195 companies were registered in Gateshead during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 7.1% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)GatesheadUK
    2015195161,156
    2014182150,722
    % change7.1%6.9%
    Record Year 2015 (195) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company registrations in Gateshead when compared to any previous February.

    January 2015 saw a new record in company registrations in Gateshead when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015637656
    New companies in 2014575273
    % change10.5%46.2%-23.3%
    Record Year2015 (63)2015 (76)2012 (73)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 119 companies were dissolved in Gateshead during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 6.3% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)GatesheadUK
    201511989,523
    201412782,370
    % change-6.3%8.7%
    Record Year 2013 (139) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Gateshead when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015325433
    Closed companies in 2014344548
    % change-5.9%20.0%-31%
    Record Year2013 (53)2013 (54)2009 (56)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Gateshead during the first quarter of 2015 (Jan 2015 - Mar 2015) was 76 companies.

    first quarter (Jan 2015 - Mar 2015)GatesheadUK
    20157671,633
    20145568,352
    Record Year 2007 (121) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015312223
    Net growth in 201423725
    Record Year2007 (33)2007 (44)2012 (54)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Gateshead formed 0.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Gateshead
    20150.1%
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    Record Year (since 1960) 2008 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.1%0.1%
    % change8.5%34.7%-30.1%
    Record Year2008 (0.2%)1991 (0.2%)2002 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.8.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Gateshead was in 2013 when 36.0% of all directors were female.

    22.6% of all director appointments in Gateshead in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    NORTH1.72%CONSULTING5.23%
    EAST1.55%MANAGEMENT4.56%
    ELECTRICAL1.46%CONSULTANCY3.62%
    (NE)1.20%PROPERTY2.72%
    CONSULTANCY1.20%CONSTRUCTION2.19%
    ENERGY0.95%CARE2.13%
    NORTHERN0.95%ENGINEERING2.12%
    CARE0.77%LONDON1.91%
    OFFSHORE0.69%TRADING1.88%
    NE0.69%TRANSPORT1.82%
    G0.69%ELECTRICAL1.76%
    CO0.69%DESIGN1.65%
    EAST)0.69%PROPERTIES1.63%
    (NORTH0.69%CO.,1.58%
    BUSINESS0.60%J1.55%
    ACCESS0.60%CONSULTANTS1.54%
    HEALTH0.60%BUSINESS1.49%
    (GATESHEAD)0.60%INVESTMENTS1.49%
    PUB0.52%GLOBAL1.46%
    PROPERTIES0.52%ASSOCIATES1.44%
    ENTERPRISES0.52%DEVELOPMENTS1.36%
    GATESHEAD0.52%BUILDING1.31%
    INSPECTION0.52%IT1.30%
    PROPERTY0.52%MEDIA1.28%
    DESIGN0.43%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied368288,953
    96090 - Other service activities not elsewhere classified6929,218
    99999 - Dormant Company5749,474
    70229 - Management consultancy activities other than financial management3743,081
    82990 - Other business support service activities not elsewhere classified3558,522
    62020 - Information technology consultancy activities2930,825
    74909 - Other professional, scientific and technical activities not elsewhere classified2919,098
    68209 - Other letting and operating of own or leased real estate2611,600
    56103 - Take-away food shops and mobile food stands268,607
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating214,256
    68100 - Buying and selling of own real estate167,450
    56101 - Licensed restaurants168,909
    71129 - Other engineering activities156,278
    41100 - Development of building projects1511,863
    56302 - Public houses and bars146,355
    43220 - Plumbing, heat and air-conditioning installation145,331
    86900 - Other human health activities1413,990
    43999 - Other specialised construction activities not elsewhere classified149,080
    85590 - Other education not elsewhere classified136,238
    96020 - Hairdressing and other beauty treatment136,815

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09419408 INSPIRE PHYSIOTHERAPY LTD 03 Feb 2015
    09424029 SEVAL LASHES LIMITED 05 Feb 2015
    09424211 PRIME BAKE LTD 05 Feb 2015
    09425607 THE BENSHAM JOCKEY (GATESHEAD) LTD 06 Feb 2015
    09440030 PLATINUM HORSE RACING TIPS LTD 13 Feb 2015
    09454507 TEAM BEARD FILMS LIMITED 24 Feb 2015
    09457538 AXWELL LIMITED 25 Feb 2015
    09427205 PARKSIDE HOMES LIMITED 06 Feb 2015
    09446309 PETER GALLAGHER LIMITED 18 Feb 2015
    OC398400 CAKE STORIES LLP 19 Feb 2015
    09449680 NORTHERN STREET LIGHTING SERVICES LIMITED 19 Feb 2015
    09449933 NORTHERN STREETWORKS SERVICES LIMITED 20 Feb 2015
    09416900 TEMPO COURIERS LTD 02 Feb 2015
    09421220 CHIDUME HOLDINGS LTD 04 Feb 2015
    09430372 P&B SERVICES NORTH EAST LTD 09 Feb 2015
    09448377 KNIGHTS OF NEWCASTLE ELECTRICAL SOLUTIONS LTD 19 Feb 2015
    09450318 L & N DELIVERY SERVICES LIMITED 20 Feb 2015
    09451855 RUTH RIBBON LIMITED 21 Feb 2015
    09459186 GUTTERWORKS NORTH EAST LIMITED 26 Feb 2015
    09420279 TOWERSOLVE WIFI LIMITED 03 Feb 2015
    09423875 RED HOT ASSOCIATES LTD 05 Feb 2015
    09425214 KEYFORT EDUCATION LTD 05 Feb 2015
    09435992 NEW APPROACH BLOODSTOCK LIMITED 12 Feb 2015
    09441908 LYDIAM SOLUTIONS LIMITED 16 Feb 2015
    09453689 GUMBERRY LTD 23 Feb 2015