Sunderland, Tyne And Wear
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Sunderland when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Sunderland when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Sunderland when compared to any previous Q4.
- November 2014 saw a new record in company registrations in Sunderland when compared to any previous November.
- October 2014 saw a new record in company registrations in Sunderland when compared to any previous October.
- December 2014 saw a new record in company closures in Sunderland when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Sunderland when compared to any year in history.
A total of 794 companies were formed in Sunderland in 2014. This total is 22.5% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Sunderland UK 2014 794 582,051 2013 648 529,363 2012 592 491,893 2011 554 452,870 2010 538 400,358 Record Year 2014 (794) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Sunderland when compared to any previous second half year.
In the second half of 2014 a total of 397 companies were formed in Sunderland. This figure is 25.6% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Sunderland occurred in 2014 when a total of 397 were formed.
Half Year (Jul-Dec) Sunderland UK 2014 397 281,320 2013 316 259,931 % change 25.6% 8.2% Record Year 2014 (397) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Sunderland when compared to any previous Q4.
A total of 184 companies were registered in Sunderland during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 21.9% versus the same period last year (Q4 2013). This figure compares well 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) Sunderland UK 2014 184 137,906 2013 151 127,247 % change 21.9% 8.4% Record Year 2014 (184) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company registrations in Sunderland when compared to any previous November.
October 2014 saw a new record in company registrations in Sunderland when compared to any previous October.
New Companies by Month
October November December New companies in 2014 66 70 48 New companies in 2013 57 41 53 % change 15.8% 70.7% -9.4% Record Year 2014 (66) 2014 (70) 2013 (53)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 553 companies were dissolved in Sunderland in 2014. This total is 2.6% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Sunderland UK 2014 553 367,937 2013 568 332,213 2012 532 293,729 2011 427 314,524 2010 430 342,233 Record Year 2013 (568) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 275 companies were dissolved in Sunderland. This figure is 4.5% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Sunderland occurred in 2013 when a total of 288 were closed.
Half Year (Jul-Dec) Sunderland UK 2014 275 190,730 2013 288 177,021 % change -4.5% 7.7% Record Year 2013 (288) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 138 companies were dissolved in Sunderland during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 2.2% 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) Sunderland UK 2014 138 89,060 2013 135 90,851 % change 2.2% -2.0% Record Year 2014 (138) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Sunderland when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 48 40 50 Closed companies in 2013 58 33 44 % change -17.2% 21.2% 14% Record Year 2013 (58) 2011 (52) 2014 (50)
Net Company Growth
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Annual Data (2014)
A total of 241 companies were added to the company register for Sunderland in 2014. This number represents growth of 30.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 161 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Sunderland company register grew by 357 companies.
Year Sunderland UK 2014 241 214,114 2013 80 197,150 2012 60 198,164 2011 127 138,346 2010 108 58,125 Record Year 2007 (357) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Sunderland increased by 122 companies.
Half Year (Jul-Dec) Sunderland UK 2014 122 90,590 2013 28 82,910 Record Year 2007 (163) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Sunderland during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 46 companies.
fourth quarter (Oct 2014 - Dec 2014) Sunderland UK 2014 46 48,846 2013 16 36,396 Record Year 2007 (64) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 18 30 -2 Net growth in 2013 -1 8 9 Record Year 2003 (37) 2006 (32) 2006 (23)
UK Company Share
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Annual Data (2014)
In 2014 Sunderland formed 0.1% of all UK companies. This is no change on 2013 when Sunderland was responsible for 0.1% of all UK companies.
Year Sunderland 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Sunderland formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Sunderland 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1990 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Sunderland formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Sunderland 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1990 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.2% 0.1% UK formation share in 2013 0.1% 0.1% 0.2% % change 10.2% 62.1% -22.5% Record Year 1985 (0.3%) 1991 (0.3%) 1990 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.5.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.2.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.4.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Sunderland was 1988 when 50.0% of all directors were female.
The percentage of female directors in Sunderland in 2014 was 25.4%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Sunderland was 2013 when 39.5% of all directors were female.
27.2% of all director appointments in Sunderland 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
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Sunderland was in 2013 when 46.2% of all directors were female.
27.1% of all director appointments in Sunderland 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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.77% CONSULTING 5.22% NORTH 1.69% MANAGEMENT 4.58% EAST 1.31% CONSULTANCY 3.57% LSPV 1.15% PROPERTY 2.66% EAST) 1.15% CONSTRUCTION 2.12% (NORTH 1.15% ENGINEERING 2.10% SUNDERLAND 1.08% CARE 2.02% LEISURE 0.84% TRADING 1.94% NE 0.84% LONDON 1.93% ELECTRICAL 0.84% TRANSPORT 1.93% CARE 0.77% DESIGN 1.66% D 0.69% CONSULTANTS 1.64% (NE) 0.69% ELECTRICAL 1.62% COMMUNITY 0.69% PROPERTIES 1.62% S 0.61% BUSINESS 1.56% DESIGN 0.61% J 1.54% ACCESS 0.61% CO., 1.50% PROPERTY 0.61% GLOBAL 1.49% PROPERTIES 0.61% INVESTMENTS 1.48% CONSULTANCY 0.61% ASSOCIATES 1.47% (SUNDERLAND) 0.54% DEVELOPMENTS 1.35% INTEREST 0.54% MEDIA 1.33% CONSTRUCTION 0.54% IT 1.31% ENGINEERING 0.54% BUILDING 1.29% ROAD 0.54% M 1.22%
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 360 265,608 56103 - Take-away food shops and mobile food stands 44 8,318 82990 - Other business support service activities not elsewhere classified 44 58,068 99999 - Dormant Company 43 48,509 70229 - Management consultancy activities other than financial management 38 42,290 96090 - Other service activities not elsewhere classified 34 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 25 19,049 56101 - Licensed restaurants 24 8,782 43999 - Other specialised construction activities not elsewhere classified 22 8,761 62020 - Information technology consultancy activities 18 30,178 86900 - Other human health activities 17 12,976 56302 - Public houses and bars 15 6,285 68209 - Other letting and operating of own or leased real estate 13 11,212 71129 - Other engineering activities 12 6,132 41100 - Development of building projects 12 11,397 41202 - Construction of domestic buildings 11 7,559 93130 - Fitness facilities 11 1,683 74990 - Non-trading company 10 13,984 43390 - Other building completion and finishing 10 5,931 43290 - Other construction installation 9 3,286
Recent Companies
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Randomly selected companies from this quarter
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