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
    09471797 CUMBRIA INVESTMENTS LIMITED 05 Mar 2015
    09475683 HOTEL EXPRESS LTD 06 Mar 2015
    09476596 RFC ART LTD 09 Mar 2015
    09478253 NORTH EAST LEASE PLANS LTD 09 Mar 2015
    09482956 CB SOURCING LTD 11 Mar 2015
    09483885 BAZ STORES LIMITED 11 Mar 2015
    09502635 FOSTORD LIMITED 20 Mar 2015
    09515369 IMPACT SOFTWARE SOLUTIONS LIMITED 27 Mar 2015
    09516016 APPYCARE CIC 28 Mar 2015
    09517413 CUMBRIA HOLDINGS LIMITED 30 Mar 2015
    09469171 FIRST CHOICE NUTRITION LTD. 03 Mar 2015
    09479922 VOLTSPORT LIMITED 10 Mar 2015
    09491819 CL ACCESS COATING LTD 16 Mar 2015
    09504148 J HARDING ELECTRICAL LTD 23 Mar 2015
    09470669 TRAIN WITH MARTIN LIMITED 04 Mar 2015
    09473799 ELEGANCE BY CARLA LTD 05 Mar 2015
    09486486 GLOBAL RETAIL SOURCING LIMITED 12 Mar 2015
    09502367 DP-HVP LTD 20 Mar 2015
    09511297 PINNACLE HEALTH & FITNESS LTD 26 Mar 2015
    09474981 HIRST SOLAR ENERGY LIMITED 06 Mar 2015
    09475442 ANDERSON DEWHIRST LIMITED 06 Mar 2015
    09497716 VISION SUBSEA LIMITED 19 Mar 2015
    09498279 GOSFORTH MEDICAL CENTRE LIMITED 19 Mar 2015
    09500169 LOC EVENTS LIMITED 19 Mar 2015
    09504909 TEMPLEMAN RETAILING LIMITED 23 Mar 2015