Sunderland, Tyne And Wear

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Sunderland when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Sunderland when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Sunderland 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 2014)

    Q1 2014 saw a new record in company registrations in Sunderland when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Sunderland when compared to any quarter in history.

    A total of 195 companies were registered in Sunderland during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 12.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SunderlandUK
    2014195150,722
    2013173134,802
    % change12.7%11.8%
    Record Year 2014 (195) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Sunderland when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014547764
    New companies in 2013724952
    % change-25.0%57.1%23.1%
    Record Year2013 (72)2014 (77)2007 (79)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 135 companies were dissolved in Sunderland during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 8.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)SunderlandUK
    201413582,370
    201314877,914
    % change-8.8%5.7%
    Record Year 2013 (148) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014494937
    Closed companies in 2013605731
    % change-18.3%-14.0%19%
    Record Year2013 (60)2013 (57)2012 (51)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Sunderland during the first quarter of 2014 (Jan 2014 - Mar 2014) was 60 companies.

    first quarter (Jan 2014 - Mar 2014)SunderlandUK
    20146068,352
    20132556,888
    Record Year 2007 (106) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201452827
    Net growth in 201312-821
    Record Year2008 (28)2008 (32)2007 (56)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Sunderland formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Sunderland
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.2%0.1%
    UK formation share in 20130.2%0.1%0.1%
    % change-29.8%45.0%2.8%
    Record Year1996 (0.2%)1991 (0.3%)1992 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 41.7.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Sunderland was in 2005 when 51.1% of all directors were female.

    22.5% of all director appointments in Sunderland in the first quarter of 2014 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 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    SUNDERLAND2.40%CONSULTING5.22%
    NORTH1.42%MANAGEMENT4.67%
    EAST1.25%CONSULTANCY3.49%
    MANAGEMENT1.16%PROPERTY2.64%
    LEISURE1.16%TRADING2.05%
    COMMUNITY1.07%LONDON1.88%
    (NE)0.98%ENGINEERING1.86%
    LSPV0.98%CARE1.79%
    EAST)0.98%CONSTRUCTION1.75%
    (NORTH0.89%DESIGN1.75%
    INTEREST0.89%CONSULTANTS1.73%
    CONSULTANTS0.89%BUSINESS1.71%
    CONSULTANCY0.89%PROPERTIES1.60%
    PROPERTIES0.89%INVESTMENTS1.60%
    PROPERTY0.80%GLOBAL1.58%
    CONSULTING0.71%J1.48%
    CARE0.71%ASSOCIATES1.48%
    CLEANING0.71%MEDIA1.48%
    WELDING0.62%IT1.33%
    NE0.62%TRANSPORT1.30%
    TRAINING0.62%DEVELOPMENTS1.29%
    (SUNDERLAND)0.62%BUILDING1.24%
    ENERGY0.62%M1.21%
    SUPPORT0.53%CAPITAL1.20%
    J0.53%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied385280,210
    99999 - Dormant Company4647,084
    82990 - Other business support service activities not elsewhere classified4156,411
    56103 - Take-away food shops and mobile food stands337,300
    96090 - Other service activities not elsewhere classified3326,700
    70229 - Management consultancy activities other than financial management2737,882
    56101 - Licensed restaurants257,965
    56302 - Public houses and bars205,732
    43999 - Other specialised construction activities not elsewhere classified178,155
    62020 - Information technology consultancy activities1627,750
    74909 - Other professional, scientific and technical activities not elsewhere classified1318,491
    85590 - Other education not elsewhere classified135,876
    86900 - Other human health activities1210,273
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating123,708
    69201 - Accounting and auditing activities107,313
    43210 - Electrical installation105,885
    71129 - Other engineering activities105,477
    47910 - Retail sale via mail order houses or via Internet109,358
    62012 - Business and domestic software development109,509
    41100 - Development of building projects109,855

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08933385 CATERCORPS LTD 11 Mar 2014
    08938282 OREGANO SEAHAM LTD 13 Mar 2014
    08938635 CHILLI BASE LTD 13 Mar 2014
    08939107 BLAYDON CARWASH LTD 14 Mar 2014
    08963161 REVUE BAR LTD 27 Mar 2014
    08920906 ACTIVE MASSAGE LIMITED 04 Mar 2014
    08922447 FIRST MODERN PROPERTIES LTD 04 Mar 2014
    08919365 STREET STRIKE LIMITED 03 Mar 2014
    08929212 EXCELLENT LEGAL SERVICES LTD 07 Mar 2014
    08929747 SUNDERLAND LOGISTICS LTD 10 Mar 2014
    08933870 GAB HOME IMPROVEMENTS LTD 11 Mar 2014
    08935994 GOGGAVILLE MANAGEMENT SERVICES LIMITED 12 Mar 2014
    08929717 YOU MUST BE BARKING LIMITED 10 Mar 2014
    08933161 THRISHALAKSHITA LIMITED 11 Mar 2014
    08945010 SWIRL STUDIOS LIMITED 18 Mar 2014
    08947597 VINI D'AUTORE LTD 19 Mar 2014
    08949609 NORDEM PLANT HIRE LTD 20 Mar 2014
    08963348 COVERT LEISURE LTD 27 Mar 2014
    08928067 PURE CONSTRUCTION (NORTH EAST) LIMITED 07 Mar 2014
    08924826 KIDS CLUB CARE LTD 05 Mar 2014
    08927983 D & H JEWELLERS LIMITED 07 Mar 2014
    08931435 DARTFORD STUDENT LIVING LIMITED 10 Mar 2014
    08958356 STEPHEN WILSON CONSULTANCY LTD 25 Mar 2014
    08965478 GSF LEGAL LTD 28 Mar 2014
    08966939 NORTH TYNE ESTATES & PROPERTY SERVICES LTD 31 Mar 2014