Sunderland, Tyne And Wear
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Sunderland when compared to any previous Q3.
- Q3 2014 was a record quarter for company registrations in Sunderland when compared to any quarter in history.
- September 2014 saw a new record in company registrations in Sunderland when compared to any previous September.
- July 2014 saw a new record in company registrations in Sunderland when compared to any previous July.
- July 2014 saw a new record in company closures in Sunderland when compared to any previous July.
- September 2014 saw a new record in net growth in Sunderland when compared to any previous September.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Sunderland when compared to any previous Q3.
Q3 2014 was a record quarter for company registrations in Sunderland when compared to any quarter in history.
A total of 213 companies were registered in Sunderland during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 29.1% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Sunderland UK 2014 213 143,414 2013 165 132,684 % change 29.1% 8.1% Record Year 2014 (213) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Sunderland when compared to any previous September.
July 2014 saw a new record in company registrations in Sunderland when compared to any previous July.
New Companies by Month
July August September New companies in 2014 82 60 71 New companies in 2013 58 46 61 % change 41.4% 30.4% 16.4% Record Year 2014 (82) 2007 (63) 2014 (71)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 137 companies were dissolved in Sunderland during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 10.5% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Sunderland UK 2014 137 101,670 2013 153 86,170 % change -10.5% 18.0% Record Year 2013 (153) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Sunderland when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 55 42 40 Closed companies in 2013 48 52 53 % change 14.6% -19.2% -25% Record Year 2014 (55) 2008 (61) 2009 (76)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Sunderland during the third quarter of 2014 (Jul 2014 - Sep 2014) was 76 companies.
third quarter (Jul 2014 - Sep 2014) Sunderland UK 2014 76 41,744 2013 12 46,514 Record Year 2007 (99) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in net growth in Sunderland when compared to any previous September.
Net Growth by Month
July August September Net growth in 2014 27 18 31 Net growth in 2013 10 -6 8 Record Year 2007 (35) 2007 (46) 2014 (31)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Sunderland formed 0.1% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Sunderland 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.2% Record Year (since 1960) 1993 (0.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 28.4% 24.3% 6.8% Record Year 1993 (0.2%) 1993 (0.2%) 1994 (0.2%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 42.9.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Sunderland was in 2010 when 33.6% of all directors were female.
27.3% of all director appointments in Sunderland in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LSPV 1.96% CONSULTING 5.17% SUNDERLAND 1.33% MANAGEMENT 4.63% NORTH 1.18% CONSULTANCY 3.55% MANAGEMENT 1.02% PROPERTY 2.62% EAST) 0.94% ENGINEERING 2.07% (NORTH 0.94% CONSTRUCTION 2.05% LEISURE 0.94% TRADING 2.00% NE 0.94% LONDON 1.95% EAST 0.94% CARE 1.94% CONSULTANCY 0.71% TRANSPORT 1.76% DESIGN 0.71% DESIGN 1.70% ELECTRICAL 0.71% CONSULTANTS 1.70% CARE 0.63% PROPERTIES 1.63% COMMUNITY 0.63% BUSINESS 1.62% PROPERTY 0.63% J 1.53% (NE) 0.63% ELECTRICAL 1.53% CONSTRUCTION 0.55% GLOBAL 1.51% L 0.55% INVESTMENTS 1.50% OFFSHORE 0.55% ASSOCIATES 1.48% MEDIA 0.55% MEDIA 1.38% (SUNDERLAND) 0.55% CO., 1.36% HOME 0.55% DEVELOPMENTS 1.35% EVENTS 0.55% BUILDING 1.30% WELDING 0.55% IT 1.30% NORTHERN 0.55% M 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 400 278,481 82990 - Other business support service activities not elsewhere classified 45 57,264 99999 - Dormant Company 43 48,286 56103 - Take-away food shops and mobile food stands 40 7,917 70229 - Management consultancy activities other than financial management 39 40,717 96090 - Other service activities not elsewhere classified 34 28,224 56101 - Licensed restaurants 23 8,546 62020 - Information technology consultancy activities 19 29,313 43999 - Other specialised construction activities not elsewhere classified 17 8,501 74909 - Other professional, scientific and technical activities not elsewhere classified 17 18,890 56302 - Public houses and bars 16 6,056 86900 - Other human health activities 16 11,807 71129 - Other engineering activities 13 5,930 68209 - Other letting and operating of own or leased real estate 12 10,361 93130 - Fitness facilities 11 1,603 43390 - Other building completion and finishing 10 5,786 85590 - Other education not elsewhere classified 10 6,045 41100 - Development of building projects 9 10,604 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 9 3,969 43210 - Electrical installation 9 5,922
Recent Companies
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Randomly selected companies from this quarter
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