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

  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 (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)SunderlandUK
    2014213143,414
    2013165132,684
    % change29.1%8.1%
    Record Year 2014 (213) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014826071
    New companies in 2013584661
    % change41.4%30.4%16.4%
    Record Year2014 (82)2007 (63)2014 (71)

Closed Companies (dissolved)

  1. 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)SunderlandUK
    2014137101,670
    201315386,170
    % change-10.5%18.0%
    Record Year 2013 (153) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014554240
    Closed companies in 2013485253
    % change14.6%-19.2%-25%
    Record Year2014 (55)2008 (61)2009 (76)

Net Company Growth

  1. 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)SunderlandUK
    20147641,744
    20131246,514
    Record Year 2007 (99) 2013 (46,514)
    Net Growth by Quarter
  2. 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
    JulyAugustSeptember
    Net growth in 2014271831
    Net growth in 201310-68
    Record Year2007 (35)2007 (46)2014 (31)

UK Company Share

  1. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.2%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change28.4%24.3%6.8%
    Record Year1993 (0.2%)1993 (0.2%)1994 (0.2%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    LSPV1.96%CONSULTING5.17%
    SUNDERLAND1.33%MANAGEMENT4.63%
    NORTH1.18%CONSULTANCY3.55%
    MANAGEMENT1.02%PROPERTY2.62%
    EAST)0.94%ENGINEERING2.07%
    (NORTH0.94%CONSTRUCTION2.05%
    LEISURE0.94%TRADING2.00%
    NE0.94%LONDON1.95%
    EAST0.94%CARE1.94%
    CONSULTANCY0.71%TRANSPORT1.76%
    DESIGN0.71%DESIGN1.70%
    ELECTRICAL0.71%CONSULTANTS1.70%
    CARE0.63%PROPERTIES1.63%
    COMMUNITY0.63%BUSINESS1.62%
    PROPERTY0.63%J1.53%
    (NE)0.63%ELECTRICAL1.53%
    CONSTRUCTION0.55%GLOBAL1.51%
    L0.55%INVESTMENTS1.50%
    OFFSHORE0.55%ASSOCIATES1.48%
    MEDIA0.55%MEDIA1.38%
    (SUNDERLAND)0.55%CO.,1.36%
    HOME0.55%DEVELOPMENTS1.35%
    EVENTS0.55%BUILDING1.30%
    WELDING0.55%IT1.30%
    NORTHERN0.55%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied400278,481
    82990 - Other business support service activities not elsewhere classified4557,264
    99999 - Dormant Company4348,286
    56103 - Take-away food shops and mobile food stands407,917
    70229 - Management consultancy activities other than financial management3940,717
    96090 - Other service activities not elsewhere classified3428,224
    56101 - Licensed restaurants238,546
    62020 - Information technology consultancy activities1929,313
    43999 - Other specialised construction activities not elsewhere classified178,501
    74909 - Other professional, scientific and technical activities not elsewhere classified1718,890
    56302 - Public houses and bars166,056
    86900 - Other human health activities1611,807
    71129 - Other engineering activities135,930
    68209 - Other letting and operating of own or leased real estate1210,361
    93130 - Fitness facilities111,603
    43390 - Other building completion and finishing105,786
    85590 - Other education not elsewhere classified106,045
    41100 - Development of building projects910,604
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating93,969
    43210 - Electrical installation95,922

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09199747 NEWCASTLE OTTOMAN LIMITED 02 Sep 2014
    09200093 HAND CAR WASH PROFESSIONALS LTD 02 Sep 2014
    09222021 HOLMESIDE AMUSEMENTS LTD 17 Sep 2014
    09222035 ILLUSIONS SUNDERLAND LTD 17 Sep 2014
    09231621 STOCKTON ROAD MANAGEMENT COMPANY LTD 23 Sep 2014
    09231702 STUDENT CITY RENTALS LTD 23 Sep 2014
    09234763 LG JOINERY LTD 25 Sep 2014
    09238806 SORRENTO RESTAURANT SUNDERLAND LTD 29 Sep 2014
    09199017 HARVEY LETTINGS LIMITED 02 Sep 2014
    09219650 MBS MIX LTD 16 Sep 2014
    09221402 ABBY FACILITY MANAGEMENT NORTH EAST LIMITED 16 Sep 2014
    09223896 VOUCHER FOR YOU LTD 18 Sep 2014
    09211790 ATRONICA MEDIA LTD 10 Sep 2014
    09225634 RG HOME IMPROVEMENTS LTD 18 Sep 2014
    09232879 VIN CONSTRUCTION (NORTH EAST) LIMITED 24 Sep 2014
    09209625 NORTHFIELD DRIVE 1958 LIMITED 09 Sep 2014
    09214081 ND RAIL PROJECTS LTD 11 Sep 2014
    09235056 WOLAND CAPITAL LTD 25 Sep 2014
    09210090 S WALLACE WELDING LTD 09 Sep 2014
    09216167 FRY FRY LIMITED 12 Sep 2014
    09224464 HYLTON TRAINING LIMITED 18 Sep 2014
    09212838 TREWICK LIMITED 10 Sep 2014
    09213003 TOTAL JOINT WRAPS UK LTD 10 Sep 2014
    09232211 KT PIPELINE INTEGRITY LTD 23 Sep 2014
    09233080 SALLY TAHA LIMITED 24 Sep 2014