South Shields, Tyne And Wear

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in South Shields when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in South Shields when compared to any previous second half year.
  • November 2010 saw a new record in company closures in South Shields 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)

    2010 was a record year for company registrations in South Shields when compared to any year in history.

    A total of 209 companies were formed in South Shields in 2010. This total is 6.1% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearSouth ShieldsUK
    2010209400,358
    2009197362,675
    2008193349,203
    2007188457,649
    2006176405,440
    Record Year2010 (209)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in South Shields when compared to any previous second half year.

    In the second half of 2010 a total of 99 companies were formed in South Shields. This figure is 10.0% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in South Shields occurred in 2010 when a total of 99 were formed.

    Half Year (Jul-Dec)South ShieldsUK
    201099196,609
    200990180,654
    % change10.0%8.8%
    Record Year2010 (99)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 43 companies were registered in South Shields during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 8.5% versus the same period last year (Q4 2009). This figure compares badly 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)South ShieldsUK
    20104395,117
    20094785,983
    % change-8.5%10.6%
    Record Year 2008 (51) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010102112
    New companies in 200991820
    % change11.1%16.7%-40.0%
    Record Year2008 (23)2007 (25)2009 (20)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 153 companies were dissolved in South Shields in 2010. This total is 20.3% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearSouth ShieldsUK
    2010153342,232
    2009192533,773
    200881237,901
    200791220,295
    200670200,166
    Record Year2009 (192)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 69 companies were dissolved in South Shields. This figure is 12.7% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in South Shields occurred in 2009 when a total of 79 were closed.

    Half Year (Jul-Dec)South ShieldsUK
    201069164,601
    200979244,537
    % change-12.7%-32.7%
    Record Year2009 (79)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 26 companies were dissolved in South Shields during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 18.8% 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)South ShieldsUK
    20102676,896
    20093285,136
    % change-18.8%-9.7%
    Record Year 2009 (32) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20101178
    Closed companies in 200917411
    % change-35.3%75.0%-27%
    Record Year2009 (17)2010 (7)2009 (11)

Net Company Growth

  1. Annual Data (2010)

    A total of 56 companies were added to the company register for South Shields in 2010. This number represents growth of 28.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 51 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the South Shields company register grew by 118 companies.

    YearSouth ShieldsUK
    20105658,126
    20095-171,098
    2008112111,302
    200797237,354
    2006106205,274
    Record Year2003 (118)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for South Shields increased by 30 companies.

    Half Year (Jul-Dec)South ShieldsUK
    20103032,008
    200911-63,883
    Record Year2003 (59)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for South Shields during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 17 companies.

    fourth quarter (Oct 2010 - Dec 2010)South ShieldsUK
    20101718,221
    200915847
    Record Year 2008 (34) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-1144
    Net growth in 2009-8149
    Record Year2008 (21)2007 (18)2002 (11)

UK Company Share

  1. Annual Data (2010)

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

    YearSouth Shields
    20100.1%
    20090.1%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960)1967 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 South Shields formed 0.1% of all UK companies. This is more than the 2009 figure of 0.0%.

    Half Year (Jul-Dec)South Shields
    20100.1%
    20090.0%
    20080.1%
    20070.0%
    20060.0%
    Record Year (since 1960) 1960 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, South Shields formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)South Shields
    20100.0%
    20090.1%
    20080.1%
    20070.1%
    20060.0%
    Record Year (since 1960) 1966 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.1%0.0%
    UK formation share in 20090.0%0.1%0.1%
    % change-2.9%4.3%-43.0%
    Record Year1980 (0.1%)1964 (0.1%)1966 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.9.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.8% 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 45.4.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 2.3% 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 46.4.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.5% 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 South Shields was 1857 when 36.4% of all directors were female.

    The percentage of female directors in South Shields in 2010 was 24.3%. 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 South Shields was 1860 when 42.9% of all directors were female.

    25.2% of all director appointments in South Shields 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 South Shields was in 1977 when 31.1% of all directors were female.

    27.3% of all director appointments in South Shields 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
    CONSULTANCY1.18%CONSULTING5.06%
    (NORTH1.18%MANAGEMENT5.01%
    MANAGEMENT1.18%CONSULTANCY3.14%
    RESTAURANT1.18%PROPERTY2.36%
    TYNE1.18%TRADING2.11%
    BAR0.94%ASSOCIATES1.95%
    ACCESS0.94%DESIGN1.92%
    EAST0.94%BUSINESS1.82%
    NORTH0.94%CONSTRUCTION1.82%
    EAST)0.94%CONSULTANTS1.76%
    (NE)0.71%MEDIA1.71%
    SHIELDS)0.71%ENGINEERING1.62%
    ENGINEERING0.71%LONDON1.60%
    LEISURE0.71%CARE1.45%
    FISH0.71%INVESTMENTS1.44%
    J0.71%GLOBAL1.43%
    SYSTEMS0.71%J1.42%
    ENERGY0.71%IT1.41%
    HEATING0.71%PROPERTIES1.34%
    COMMUNITY0.71%INTERNATIONAL1.34%
    SHOP0.71%BUILDING1.34%
    CENTRE0.71%M1.30%
    PROPERTIES0.71%ELECTRICAL1.25%
    B0.47%SYSTEMS1.24%
    CO0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied137199,572
    7487 - Other business activities4463,348
    82990 - Other business support service activities not elsewhere classified1127,550
    96090 - Other service activities not elsewhere classified78,799
    9999 - Dormant Company620,144
    99999 - Dormant Company616,285
    74909 - Other professional, scientific and technical activities not elsewhere classified67,088
    7222 - Other software consultancy and supply57,298
    4545 - Other building completion42,598
    71129 - Other engineering activities41,513
    4521 - General construction & civil engineering46,598
    4533 - Plumbing41,526
    70229 - Management consultancy activities other than financial management314,505
    86900 - Other human health activities33,700
    4534 - Other building installation32,357
    4531 - Installation electrical wiring etc.32,170
    90030 - Artistic creation31,351
    7499 - Non-trading company312,000
    8532 - Social work without accommodation31,072
    7260 - Other computer related activities38,089

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07477393 R&L EIGHT UK LTD 23 Dec 2010
    07477144 PRIME AUDITING LIMITED 23 Dec 2010
    07469828 CAMPOR LIMITED 14 Dec 2010
    07467620 YOUR WEDDING UNVEILED LIMITED 13 Dec 2010
    07467400 QSD WASTE RECYCLING LTD 13 Dec 2010
    07462023 EUROPE ACCESS SERVICES (NORTH EAST) LTD 07 Dec 2010
    07461116 FAIRWAY BUSINESS INTERNATIONAL LTD 06 Dec 2010
    07477159 SHEILING MARINE LTD 23 Dec 2010
    07476058 R.J.S.(STRUCTURAL) LIMITED 22 Dec 2010
    07468267 CAJUN ENGINEERING LIMITED 13 Dec 2010
    07463965 EHLK LIMITED 08 Dec 2010
    07458221 INVENTOGAIN LIMITED 02 Dec 2010

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