Sunderland, Tyne And Wear

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Sunderland when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Sunderland when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Sunderland when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Sunderland when compared to any quarter in history.
  • April 2014 saw a new record in company registrations in Sunderland when compared to any previous April.
  • April 2014 was a record month for company registrations in Sunderland 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 Sunderland when compared to any previous first half year.

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

    In the first half of 2014 a total of 397 companies were formed in Sunderland. This figure is 19.6% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Sunderland occurred in 2014 when a total of 397 were formed.

    Half Year (Jan-Jun)SunderlandUK
    2014397300,731
    2013332269,432
    % change19.6%11.6%
    Record Year2014 (397)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 Sunderland when compared to any previous Q2.

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

    A total of 202 companies were registered in Sunderland during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 27.0% 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)SunderlandUK
    2014202150,009
    2013159134,630
    % change27.0%11.4%
    Record Year 2014 (202) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    April 2014 was a record month for company registrations in Sunderland when compared to any month in history.

    New Companies by Month
    AprilMayJune
    New companies in 2014846454
    New companies in 2013584556
    % change44.8%42.2%-3.6%
    Record Year2014 (84)2012 (70)2013 (56)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 278 companies were dissolved in Sunderland. This figure is 0.7% lower than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Sunderland occurred in 2009 when a total of 317 were closed.

    Half Year (Jan-Jun)SunderlandUK
    2014278177,207
    2013280155,192
    % change-0.7%14.2%
    Record Year2009 (317)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 143 companies were dissolved in Sunderland during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 8.3% 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)SunderlandUK
    201414394,837
    201313277,278
    % change8.3%22.7%
    Record Year 2009 (212) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014406043
    Closed companies in 2013373956
    % change8.1%53.8%-23%
    Record Year2009 (61)2009 (87)2009 (64)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Sunderland increased by 119 companies.

    Half Year (Jan-Jun)SunderlandUK
    2014119123,524
    201352114,240
    Record Year2007 (194)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Sunderland during the second quarter of 2014 (Apr 2014 - Jun 2014) was 59 companies.

    second quarter (Apr 2014 - Jun 2014)SunderlandUK
    20145955,172
    20132757,352
    Record Year 2007 (88) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201444411
    Net growth in 20132160
    Record Year2007 (46)2002 (34)2008 (32)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

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

    Half Year (Jan-Jun)Sunderland
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Sunderland
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change30.6%31.3%-16.4%
    Record Year1981 (0.3%)1993 (0.2%)1974 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 41.8.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 5.0% 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 41.9.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 6.3% 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 Sunderland was 2005 when 40.3% of all directors were female.

    23.7% of all director appointments in Sunderland 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 Sunderland was in 2007 when 34.0% of all directors were female.

    24.8% of all director appointments in Sunderland 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
    SUNDERLAND1.73%CONSULTING5.16%
    LEISURE1.24%MANAGEMENT4.64%
    NORTH1.24%CONSULTANCY3.50%
    EAST)0.99%PROPERTY2.66%
    EAST0.91%TRADING2.03%
    (NE)0.91%ENGINEERING1.99%
    (NORTH0.91%CONSTRUCTION1.93%
    LSPV0.83%LONDON1.93%
    MANAGEMENT0.83%CARE1.85%
    NE0.66%DESIGN1.75%
    CONSULTANCY0.66%CONSULTANTS1.73%
    L0.66%BUSINESS1.69%
    CARE0.66%PROPERTIES1.63%
    COMMUNITY0.66%TRANSPORT1.58%
    WELDING0.66%GLOBAL1.55%
    PROPERTY0.66%INVESTMENTS1.55%
    CONSULTANTS0.66%J1.51%
    HOME0.58%ASSOCIATES1.48%
    NORTHERN0.58%MEDIA1.44%
    PROPERTIES0.58%ELECTRICAL1.40%
    CONSTRUCTION0.58%IT1.33%
    CATERING0.50%DEVELOPMENTS1.33%
    MEDIA0.50%BUILDING1.26%
    ELECTRICAL0.50%M1.24%
    SECURITY0.50%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied366261,557
    99999 - Dormant Company5148,436
    82990 - Other business support service activities not elsewhere classified4357,421
    56103 - Take-away food shops and mobile food stands387,840
    70229 - Management consultancy activities other than financial management3540,250
    96090 - Other service activities not elsewhere classified3328,352
    56101 - Licensed restaurants268,585
    43999 - Other specialised construction activities not elsewhere classified198,533
    56302 - Public houses and bars196,099
    74909 - Other professional, scientific and technical activities not elsewhere classified1819,058
    62020 - Information technology consultancy activities1729,029
    71129 - Other engineering activities145,787
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating123,928
    85590 - Other education not elsewhere classified126,043
    86900 - Other human health activities1111,292
    43210 - Electrical installation106,050
    53202 - Unlicensed carrier101,025
    47910 - Retail sale via mail order houses or via Internet109,900
    69201 - Accounting and auditing activities97,415
    68209 - Other letting and operating of own or leased real estate910,133

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08985679 CLASSIC WASHINGTON LTD 08 Apr 2014
    08997272 MINI MART NE LTD 15 Apr 2014
    09011057 JOMUNA HALAL FOODSTORE LIMITED 25 Apr 2014
    08972701 THE RED ROCK (N.E.) LTD 02 Apr 2014
    08990405 O'LEARY LEISURE LTD 10 Apr 2014
    09001093 LAZY EVENINGS LTD 17 Apr 2014
    09010296 D HOWEY LOCUMS LTD 24 Apr 2014
    09011245 LEISURE HOMES TYNE AND WEAR LIMITED 25 Apr 2014
    09013304 KRAKENVIDEO LIMITED 28 Apr 2014
    08990280 DEBOLEARYCARE LTD 10 Apr 2014
    09010026 AK TEACHING LIMITED 24 Apr 2014
    08970687 KATE'S CREATIVE CATERING LIMITED 01 Apr 2014
    08985902 RAS INSPECTION SERVICES LTD 08 Apr 2014
    09002182 JACK RABBIT SLIMS LIMITED 17 Apr 2014
    09010417 PARAGON FINANCIAL INVESTMENTS LIMITED 24 Apr 2014
    08971466 GENESIS COMPUTING LIMITED 01 Apr 2014
    08980954 OLWEB SOLUTIONS LTD 07 Apr 2014
    08985071 PLAMEN TIHOLOV LTD 08 Apr 2014
    09017375 INDOOR CLIMATE CONTROL (PROJECTS) LIMITED 29 Apr 2014
    08993962 IBOX LOGISTICS LTD 14 Apr 2014
    08994651 PMINSPECTION (NORTHEAST) LTD 14 Apr 2014
    08995644 C JARVIS LTD 14 Apr 2014
    08998917 ALL SAINTS' ACADEMIES TRUST 15 Apr 2014
    09003895 NIGHTINGALES NORTH LIMITED 22 Apr 2014
    09016527 SSASCO LIMITED 29 Apr 2014