South Shields, Tyne And Wear
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in South Shields when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 110 companies were formed in South Shields. This figure is 2.8% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in South Shields occurred in 2007 when a total of 112 were formed.
Half Year (Jan-Jun) South Shields UK 2010 110 203,749 2009 107 182,021 % change 2.8% 11.9% Record Year 2007 (112) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 50 companies were registered in South Shields during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 2.0% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) South Shields UK 2010 50 98,612 2009 51 90,987 % change -2.0% 8.4% Record Year 2007 (53) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 17 17 16 New companies in 2009 14 15 22 % change 21.4% 13.3% -27.3% Record Year 2007 (24) 2006 (19) 2009 (22)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 84 companies were dissolved in South Shields. This figure is 25.7% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in South Shields occurred in 2009 when a total of 113 were closed.
Half Year (Jan-Jun) South Shields UK 2010 84 177,631 2009 113 289,236 % change -25.7% -38.6% Record Year 2009 (113) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 49 companies were dissolved in South Shields during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 33.8% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) South Shields UK 2010 49 94,954 2009 74 181,176 % change -33.8% -47.6% Record Year 2009 (74) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in South Shields when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 14 13 22 Closed companies in 2009 26 29 19 % change -46.2% -55.2% 16% Record Year 2009 (26) 2009 (29) 2010 (22)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for South Shields increased by 26 companies.
Half Year (Jan-Jun) South Shields UK 2010 26 26,118 2009 -6 -107,215 Record Year 2007 (66) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for South Shields during the second quarter of 2010 (Apr 2010 - Jun 2010) was 1 companies.
second quarter (Apr 2010 - Jun 2010) South Shields UK 2010 1 3,658 2009 -23 -90,189 Record Year 2006 (31) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 3 4 -6 Net growth in 2009 -12 -14 3 Record Year 2007 (19) 2006 (11) 2008 (16)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 South Shields formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) South Shields 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 1967 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, South Shields formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) South Shields 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 1967 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.0% UK formation share in 2009 0.0% 0.1% 0.1% % change 11.6% 8.0% -34.5% Record Year 1968 (0.3%) 1965 (0.2%) 1969 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 42.6.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 42.5.
The percentage of directors under the age of 25 was 7.2% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in South Shields was 1861 when 40.0% of all directors were female.
23.7% of all director appointments in South Shields in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in South Shields was in 1866 when 66.7% of all directors were female.
20.0% of all director appointments in South Shields in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CENTRE 1.21% MANAGEMENT 5.01% TAX 0.97% CONSULTING 4.79% (NORTH 0.97% CONSULTANCY 3.02% D 0.97% PROPERTY 2.40% CONSULTANCY 0.97% ASSOCIATES 2.02% MEDIA 0.73% TRADING 2.01% INSPECTION 0.73% DESIGN 1.91% ASSOCIATES 0.73% CONSTRUCTION 1.85% SHIELDS) 0.73% MEDIA 1.80% MANAGEMENT 0.73% BUSINESS 1.75% RESTAURANT 0.73% CONSULTANTS 1.71% E 0.73% INTERNATIONAL 1.59% BUILDING 0.73% ENGINEERING 1.56% ELECTRICS 0.73% LONDON 1.52% EAST) 0.73% INVESTMENTS 1.49% SHOP 0.73% J 1.46% SYSTEMS 0.73% CARE 1.41% ENGINEERING 0.73% GLOBAL 1.39% HAIR 0.49% PROPERTIES 1.35% OFFSHORE 0.49% BUILDING 1.33% S 0.49% M 1.29% WILLOWS 0.49% IT 1.28% COMMUNITY 0.49% ELECTRICAL 1.27% R 0.49% GROUP 1.25% NORTH 0.49% DEVELOPMENTS 1.25%
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 132 207,125 7487 - Other business activities 42 68,525 82990 - Other business support service activities not elsewhere classified 12 25,942 9999 - Dormant Company 9 19,842 74909 - Other professional, scientific and technical activities not elsewhere classified 6 6,684 7222 - Other software consultancy and supply 6 8,285 99999 - Dormant Company 5 14,342 4545 - Other building completion 4 3,057 4533 - Plumbing 4 1,723 5248 - Other retail specialised stores 4 2,131 71129 - Other engineering activities 4 1,480 96090 - Other service activities not elsewhere classified 4 7,922 4521 - General construction & civil engineering 4 8,262 7420 - Architectural, technical consult 3 2,425 43290 - Other construction installation 3 1,281 4531 - Installation electrical wiring etc. 3 2,504 70229 - Management consultancy activities other than financial management 3 13,490 7499 - Non-trading company 3 13,997 68209 - Other letting and operating of own or leased real estate 3 3,834 86900 - Other human health activities 3 3,450
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07239690 PREMIER FURNISHINGS AND CARPETS LTD 29 Apr 2010 07236636 PETERS COACHWORKS LIMITED 27 Apr 2010 07233999 COAST (NE) LIMITED 23 Apr 2010 07232675 LEIGHTON MOTORS BODY SHOP LIMITED 22 Apr 2010 07226776 CGBEARD LIMITED 19 Apr 2010 07216296 PIEROS RESTAURANT LIMITED 08 Apr 2010 07212190 GREEN-WAYZ LTD 06 Apr 2010 07211740 TAPROOT MARKETING LIMITED 01 Apr 2010 07211437 WHO WILL LIMITED 01 Apr 2010 07238679 SUNSHINE (NE) LIMITED 29 Apr 2010 07237747 CORROSION PROTECTION & INSPECTION SERVICES LIMITED 28 Apr 2010 07235814 M & D (BUTCHERS) LIMITED 27 Apr 2010 07231550 ELIZABETH COWIE LTD 22 Apr 2010 07230163 SECA TECHNICAL SERVICES LIMITED 21 Apr 2010 07222548 WILSON WHEELS LIMITED 13 Apr 2010 07213657 FABTECH SOLUTIONS LIMITED 06 Apr 2010 07225451 HUSSAIN PROPERTIES (SOUTH SHIELDS) LIMITED 16 Apr 2010
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