South Shields, Tyne And Wear

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in South Shields when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in South Shields when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in South Shields when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in South Shields when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in South Shields when compared to any previous June.
  • May 2014 saw a new record in company registrations in South Shields when compared to any previous May.
  • April 2014 saw a new record in company registrations in South Shields when compared to any previous April.
  • The first half of 2014 saw a new record in net growth in South Shields when compared to any previous first half year.
  • The first half of 2014 was a record first half year for net growth in South Shields when compared to any half year in history.
  • June 2014 saw a new record in net growth in South Shields when compared to any previous June.
  • April 2014 saw a new record in net growth in South Shields when compared to any previous April.
  • April 2014 was a record month for net growth in South Shields when compared to any month in history.

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. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company registrations in South Shields when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in South Shields when compared to any half year in history.

    In the first half of 2014 a total of 231 companies were formed in South Shields. This figure is 46.2% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in South Shields occurred in 2014 when a total of 231 were formed.

    Half Year (Jan-Jun)South ShieldsUK
    2014231300,731
    2013158269,432
    % change46.2%11.6%
    Record Year2014 (231)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in South Shields when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in South Shields when compared to any quarter in history.

    A total of 119 companies were registered in South Shields during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 45.1% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)South ShieldsUK
    2014119150,009
    201382134,630
    % change45.1%11.4%
    Record Year 2014 (119) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in South Shields when compared to any previous June.

    May 2014 saw a new record in company registrations in South Shields when compared to any previous May.

    April 2014 saw a new record in company registrations in South Shields when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014424136
    New companies in 2013292924
    % change44.8%41.4%50.0%
    Record Year2014 (42)2014 (41)2014 (36)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 96 companies were dissolved in South Shields. This figure is 2.1% higher than last year, which compares well to the UK wide change of 14.2%.

    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 ShieldsUK
    201496177,207
    201394155,192
    % change2.1%14.2%
    Record Year2009 (113)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 49 companies were dissolved in South Shields during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 2.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)South ShieldsUK
    20144994,837
    20135077,278
    % change-2.0%22.7%
    Record Year 2009 (74) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201472418
    Closed companies in 2013151322
    % change-53.3%84.6%-18%
    Record Year2009 (26)2009 (29)2010 (22)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in net growth in South Shields when compared to any previous first half year.

    The first half of 2014 was a record first half year for net growth in South Shields when compared to any half year in history.

    In the first half of 2014 the company register for South Shields increased by 135 companies.

    Half Year (Jan-Jun)South ShieldsUK
    2014135123,524
    201364114,240
    Record Year2014 (135)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for South Shields during the second quarter of 2014 (Apr 2014 - Jun 2014) was 70 companies.

    second quarter (Apr 2014 - Jun 2014)South ShieldsUK
    20147055,172
    20133257,352
    Record Year 2014 (70) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in net growth in South Shields when compared to any previous June.

    April 2014 saw a new record in net growth in South Shields when compared to any previous April.

    April 2014 was a record month for net growth in South Shields when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 2014351718
    Net growth in 201314162
    Record Year2014 (35)2012 (23)2014 (18)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 South Shields formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.

    Half Year (Jan-Jun)South Shields
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, South Shields formed 0.1% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)South Shields
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change30.6%30.4%30.0%
    Record Year1992 (0.1%)2012 (0.1%)2014 (0.1%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 42.3.

    The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 42.7.

    The percentage of directors under the age of 25 was 8.6% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in South Shields was 2005 when 37.0% of all directors were female.

    26.4% of all director appointments in South Shields in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in South Shields was in 2011 when 34.0% of all directors were female.

    26.7% of all director appointments in South Shields in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    LEISURE1.53%CONSULTING5.16%
    NORTH1.25%MANAGEMENT4.64%
    PMC1.25%CONSULTANCY3.50%
    TRADE1.25%PROPERTY2.66%
    INSPECTION1.25%TRADING2.03%
    D1.11%ENGINEERING1.99%
    C1.11%CONSTRUCTION1.93%
    COATINGS1.11%LONDON1.93%
    M0.97%CARE1.85%
    ENGINEERING0.97%DESIGN1.75%
    OFFSHORE0.97%CONSULTANTS1.73%
    SOUTH0.97%BUSINESS1.69%
    ELECTRICAL0.97%PROPERTIES1.63%
    EAST0.83%TRANSPORT1.58%
    (NE)0.83%GLOBAL1.55%
    MANAGEMENT0.83%INVESTMENTS1.55%
    TRADING0.83%J1.51%
    J0.83%ASSOCIATES1.48%
    SECURITY0.83%MEDIA1.44%
    SHIELDS0.70%ELECTRICAL1.40%
    K0.70%IT1.33%
    S0.70%DEVELOPMENTS1.33%
    N0.70%BUILDING1.26%
    SYSTEMS0.70%M1.24%
    NE0.70%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied215261,557
    82990 - Other business support service activities not elsewhere classified5157,421
    96090 - Other service activities not elsewhere classified3428,352
    74909 - Other professional, scientific and technical activities not elsewhere classified2919,058
    71200 - Technical testing and analysis171,032
    99999 - Dormant Company1748,436
    43210 - Electrical installation166,050
    56302 - Public houses and bars136,099
    43999 - Other specialised construction activities not elsewhere classified118,533
    43220 - Plumbing, heat and air-conditioning installation85,075
    33140 - Repair of electrical equipment71,013
    71129 - Other engineering activities75,787
    56101 - Licensed restaurants68,585
    62020 - Information technology consultancy activities629,029
    55900 - Other accommodation51,512
    56103 - Take-away food shops and mobile food stands57,840
    70229 - Management consultancy activities other than financial management540,250
    96020 - Hairdressing and other beauty treatment56,631
    43390 - Other building completion and finishing55,855
    62090 - Other information technology service activities513,024

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09037390 MERRIGAN LEISURE LIMITED 13 May 2014
    09046490 THS HAIR AND BEAUTY LTD 19 May 2014
    09047212 KEYWEST NO. TWO LTD 19 May 2014
    09047576 K N ELECTRICS LTD 20 May 2014
    09047903 THE ADDRESS (NE) LTD 20 May 2014
    09050171 I. G. CORRISON LTD 21 May 2014
    09050987 K H PMC LIMITED 21 May 2014
    09053725 BOUNCY CASTLES 4U LTD 23 May 2014
    09054053 S. H. COATING LTD 23 May 2014
    09056088 FENN SUBSEA RIGGING & LIFTING LIMITED 27 May 2014
    09060277 S D SOUTH SHIELDS (OFFSHORE) LIMITED 28 May 2014
    09060679 P F PMC LIMITED 28 May 2014
    09020277 PROCESSING INVESTMENTS LTD 01 May 2014
    09023821 URBAN BEDROOMS LIMITED 06 May 2014
    09028312 M K NIK LIMITED 07 May 2014
    09032693 IAN JEWITT MARINE SERVICES LTD 09 May 2014
    09034832 DEW SIGNATURE LIMITED 12 May 2014
    09035052 AFM JOINERY LTD 12 May 2014
    09040417 WRF BLAST SPRAY SERVICES LTD 14 May 2014
    09040579 CNR BLAST SPRAYING SERVICES LTD 15 May 2014
    09043733 GT BLASTING SERVICES LTD 16 May 2014
    09055085 LANGAZ COATINGS LTD 23 May 2014
    OC393435 INTEX LLP 28 May 2014
    09059169 ARMSTRONG PAINTING SERVICES LTD 28 May 2014
    09060102 SPICE CENTRAL ORIGINAL LIMITED 28 May 2014

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