South Shields, Tyne And Wear

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in South Shields when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in South Shields when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in South Shields when compared to any previous Q4.
  • November 2014 saw a new record in company registrations in South Shields when compared to any previous November.
  • October 2014 saw a new record in company registrations in South Shields when compared to any previous October.
  • 2014 was a record year for company closures in South Shields when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in South Shields when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in South Shields when compared to any half year in history.
  • December 2014 saw a new record in company closures in South Shields when compared to any previous December.
  • 2014 was a record year for net growth in South Shields when compared to any year in history.
  • The second half of 2014 saw a new record in net growth in South Shields when compared to any previous second half year.
  • October 2014 saw a new record in net growth in South Shields when compared to any previous October.

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 (2014)

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

    A total of 461 companies were formed in South Shields in 2014. This total is 38.9% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearSouth ShieldsUK
    2014461582,051
    2013332529,363
    2012342491,893
    2011271452,870
    2010209400,358
    Record Year2014 (461)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 230 companies were formed in South Shields. This figure is 32.2% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in South Shields occurred in 2014 when a total of 230 were formed.

    Half Year (Jul-Dec)South ShieldsUK
    2014230281,320
    2013174259,931
    % change32.2%8.2%
    Record Year2014 (230)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in South Shields when compared to any previous Q4.

    A total of 99 companies were registered in South Shields during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 8.8% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)South ShieldsUK
    201499137,906
    201391127,247
    % change8.8%8.4%
    Record Year 2014 (99) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014393426
    New companies in 2013313228
    % change25.8%6.3%-7.1%
    Record Year2014 (39)2014 (34)2013 (28)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in South Shields when compared to any year in history.

    A total of 210 companies were dissolved in South Shields in 2014. This total is 9.9% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearSouth ShieldsUK
    2014210367,937
    2013191332,213
    2012156293,729
    2011150314,524
    2010153342,233
    Record Year2014 (210)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

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

    In the second half of 2014 a total of 114 companies were dissolved in South Shields. This figure is 17.5% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in South Shields occurred in 2014 when a total of 114 were closed.

    Half Year (Jul-Dec)South ShieldsUK
    2014114190,730
    201397177,021
    % change17.5%7.7%
    Record Year2014 (114)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 53 companies were dissolved in South Shields during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 17.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)South ShieldsUK
    20145389,060
    20134590,851
    % change17.8%-2.0%
    Record Year 2014 (53) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in South Shields when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014151226
    Closed companies in 201319818
    % change-21.1%50.0%44%
    Record Year2013 (19)2011 (24)2014 (26)

Net Company Growth

  1. Annual Data (2014)

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

    A total of 251 companies were added to the company register for South Shields in 2014. This number represents growth of 54.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 110 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the South Shields company register grew by 251 companies.

    YearSouth ShieldsUK
    2014251214,114
    2013141197,150
    2012186198,164
    2011121138,346
    20105658,125
    Record Year2014 (251)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 the company register for South Shields increased by 116 companies.

    Half Year (Jul-Dec)South ShieldsUK
    201411690,590
    20137782,910
    Record Year2014 (116)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for South Shields during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 46 companies.

    fourth quarter (Oct 2014 - Dec 2014)South ShieldsUK
    20144648,846
    20134636,396
    Record Year 2012 (61) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201424220
    Net growth in 2013122410
    Record Year2014 (24)2012 (26)2012 (20)

UK Company Share

  1. Annual Data (2014)

    In 2014 South Shields formed 0.1% of all UK companies. This is no change on 2013 when South Shields was responsible for 0.1% of all UK companies.

    YearSouth Shields
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)2014 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second 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 (Jul-Dec)South Shields
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 2014 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)South Shields
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.0%
    Record Year (since 1960) 2012 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change19.7%0.9%-20.5%
    Record Year2011 (0.1%)2007 (0.1%)1990 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 42.1.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 41.9.

    The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 41.3.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in South Shields was 1991 when 41.3% of all directors were female.

    The percentage of female directors in South Shields in 2014 was 26.6%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in South Shields was 2008 when 37.1% of all directors were female.

    26.9% of all director appointments in South Shields in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in South Shields was in 2008 when 42.0% of all directors were female.

    26.7% of all director appointments in South Shields in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    PMC2.74%CONSULTING5.22%
    COATINGS1.83%MANAGEMENT4.58%
    J1.69%CONSULTANCY3.57%
    D1.56%PROPERTY2.66%
    M1.43%CONSTRUCTION2.12%
    ENGINEERING1.30%ENGINEERING2.10%
    N1.30%CARE2.02%
    NE1.30%TRADING1.94%
    E1.17%LONDON1.93%
    OFFSHORE1.17%TRANSPORT1.93%
    G1.17%DESIGN1.66%
    LEISURE1.17%CONSULTANTS1.64%
    S1.17%ELECTRICAL1.62%
    NORTH1.04%PROPERTIES1.62%
    INSPECTION1.04%BUSINESS1.56%
    H0.91%J1.54%
    CIC0.91%CO.,1.50%
    TRADE0.91%GLOBAL1.49%
    K0.91%INVESTMENTS1.48%
    R0.91%ASSOCIATES1.47%
    B0.91%DEVELOPMENTS1.35%
    C0.91%MEDIA1.33%
    EAST0.91%IT1.31%
    SECURITY0.78%BUILDING1.29%
    TRADING0.78%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied222265,608
    82990 - Other business support service activities not elsewhere classified4758,068
    96090 - Other service activities not elsewhere classified3629,009
    74909 - Other professional, scientific and technical activities not elsewhere classified3119,049
    71200 - Technical testing and analysis221,132
    99999 - Dormant Company2148,509
    43210 - Electrical installation165,985
    43999 - Other specialised construction activities not elsewhere classified158,761
    56302 - Public houses and bars146,285
    96020 - Hairdressing and other beauty treatment86,742
    43220 - Plumbing, heat and air-conditioning installation75,189
    62020 - Information technology consultancy activities730,178
    71129 - Other engineering activities76,132
    70229 - Management consultancy activities other than financial management642,290
    64999 - Financial intermediation not elsewhere classified66,083
    56101 - Licensed restaurants68,782
    56102 - Unlicensed restaurants and cafes54,745
    33140 - Repair of electrical equipment51,048
    56103 - Take-away food shops and mobile food stands58,318
    41100 - Development of building projects511,397

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09297138 C M B OFFSHORE SERVICES LIMITED 05 Nov 2014
    09300876 OPTIMAL IT LIMITED 07 Nov 2014
    09305162 A M ACCESS SOLUTIONS LIMITED 11 Nov 2014
    09309338 M T SERVICES N E LIMITED 13 Nov 2014
    09313255 S F MECHANICAL PMC LIMITED 17 Nov 2014
    09314889 CRISPY CHICKEN LTD 17 Nov 2014
    09316691 G & H SECURITY LIMITED 18 Nov 2014
    09319071 MEDITECH VENTURES LTD 19 Nov 2014
    09319463 ENERTECH FM LIMITED 19 Nov 2014
    09322927 ROSSITER SOCIAL CARE LIMITED 21 Nov 2014
    09323120 LUKSTOR LTD 21 Nov 2014
    09325081 MAYS LEISURE LIMITED 24 Nov 2014
    09326607 FRONTIERS BAR LIMITED 25 Nov 2014
    09332944 A10 INSPECTIONS LIMITED 28 Nov 2014
    09295677 GM SERVICES NE LTD 05 Nov 2014
    09303076 SKS COATINGS LTD 10 Nov 2014
    09317007 MPV INVEST LTD 18 Nov 2014
    09320293 MARINER INNS LIMITED 20 Nov 2014
    09320891 RIDE IT SKATE PARK CIC 20 Nov 2014
    09321208 SHOT CO COMPUTERS LTD 20 Nov 2014
    09321355 CAPSOL TRADE & INVEST LTD 20 Nov 2014
    09330436 MARSDEN INN (SOUTH SHIELDS) LIMITED 27 Nov 2014
    09331032 S A CONVENIENCE STORE (UK) LTD 27 Nov 2014
    09332239 BAYS NEWS LIMITED 28 Nov 2014
    09333119 SHAFTESBURY BUSINESS CENTRE CIC 28 Nov 2014

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