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

  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. 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.

    YearSunderlandUK
    2014794582,051
    2013648529,363
    2012592491,893
    2011554452,870
    2010538400,358
    Record Year2014 (794)2014 (582,051)
    New Companies by Year
  2. 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)SunderlandUK
    2014397281,320
    2013316259,931
    % change25.6%8.2%
    Record Year2014 (397)2014 (281,320)
    New Companies by Half Year
  3. 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)SunderlandUK
    2014184137,906
    2013151127,247
    % change21.9%8.4%
    Record Year 2014 (184) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2014667048
    New companies in 2013574153
    % change15.8%70.7%-9.4%
    Record Year2014 (66)2014 (70)2013 (53)

Closed Companies (dissolved)

  1. 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.

    YearSunderlandUK
    2014553367,937
    2013568332,213
    2012532293,729
    2011427314,524
    2010430342,233
    Record Year2013 (568)2009 (533,789)
    Dissolved Companies by Year
  2. 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)SunderlandUK
    2014275190,730
    2013288177,021
    % change-4.5%7.7%
    Record Year2013 (288)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)SunderlandUK
    201413889,060
    201313590,851
    % change2.2%-2.0%
    Record Year 2014 (138) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014484050
    Closed companies in 2013583344
    % change-17.2%21.2%14%
    Record Year2013 (58)2011 (52)2014 (50)

Net Company Growth

  1. 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.

    YearSunderlandUK
    2014241214,114
    201380197,150
    201260198,164
    2011127138,346
    201010858,125
    Record Year2007 (357)2007 (237,353)
    Net Growth by Year
  2. 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)SunderlandUK
    201412290,590
    20132882,910
    Record Year2007 (163)2003 (117,772)
    Net Growth by Half Year
  3. 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)SunderlandUK
    20144648,846
    20131636,396
    Record Year 2007 (64) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141830-2
    Net growth in 2013-189
    Record Year2003 (37)2006 (32)2006 (23)

UK Company Share

  1. 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.

    YearSunderland
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960)1991 (0.2%)
    Company Share by Year
  2. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Half Year
  3. 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
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.2%0.1%
    UK formation share in 20130.1%0.1%0.2%
    % change10.2%62.1%-22.5%
    Record Year1985 (0.3%)1991 (0.3%)1990 (0.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.77%CONSULTING5.22%
    NORTH1.69%MANAGEMENT4.58%
    EAST1.31%CONSULTANCY3.57%
    LSPV1.15%PROPERTY2.66%
    EAST)1.15%CONSTRUCTION2.12%
    (NORTH1.15%ENGINEERING2.10%
    SUNDERLAND1.08%CARE2.02%
    LEISURE0.84%TRADING1.94%
    NE0.84%LONDON1.93%
    ELECTRICAL0.84%TRANSPORT1.93%
    CARE0.77%DESIGN1.66%
    D0.69%CONSULTANTS1.64%
    (NE)0.69%ELECTRICAL1.62%
    COMMUNITY0.69%PROPERTIES1.62%
    S0.61%BUSINESS1.56%
    DESIGN0.61%J1.54%
    ACCESS0.61%CO.,1.50%
    PROPERTY0.61%GLOBAL1.49%
    PROPERTIES0.61%INVESTMENTS1.48%
    CONSULTANCY0.61%ASSOCIATES1.47%
    (SUNDERLAND)0.54%DEVELOPMENTS1.35%
    INTEREST0.54%MEDIA1.33%
    CONSTRUCTION0.54%IT1.31%
    ENGINEERING0.54%BUILDING1.29%
    ROAD0.54%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied360265,608
    56103 - Take-away food shops and mobile food stands448,318
    82990 - Other business support service activities not elsewhere classified4458,068
    99999 - Dormant Company4348,509
    70229 - Management consultancy activities other than financial management3842,290
    96090 - Other service activities not elsewhere classified3429,009
    74909 - Other professional, scientific and technical activities not elsewhere classified2519,049
    56101 - Licensed restaurants248,782
    43999 - Other specialised construction activities not elsewhere classified228,761
    62020 - Information technology consultancy activities1830,178
    86900 - Other human health activities1712,976
    56302 - Public houses and bars156,285
    68209 - Other letting and operating of own or leased real estate1311,212
    71129 - Other engineering activities126,132
    41100 - Development of building projects1211,397
    41202 - Construction of domestic buildings117,559
    93130 - Fitness facilities111,683
    74990 - Non-trading company1013,984
    43390 - Other building completion and finishing105,931
    43290 - Other construction installation93,286

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09315096 NORTH SEA MARINE SERVICES LTD 17 Nov 2014
    09321541 HYLTON ROAD (195) MANAGEMENT COMPANY LTD 20 Nov 2014
    09321608 HYLTON ROAD (180) MANAGEMENT COMPANY LTD 20 Nov 2014
    09331071 ECHO STUDENT PROPERTIES LIMITED 27 Nov 2014
    09294297 PAUL DENNY ACCOUNTANCY SERVICES LIMITED 04 Nov 2014
    09328807 SETTING OUT SERVICES (NORTH EAST) LTD 26 Nov 2014
    09302211 IB IT PROJECTS LTD 10 Nov 2014
    09307850 OPEN MINDS PSYCHOLOGICAL THERAPY SERVICE LIMITED 12 Nov 2014
    09309914 DAIEE SOLUTIONS LTD 13 Nov 2014
    09313876 FIRE & SMOKE CURTAINS LIMITED 17 Nov 2014
    09316928 SUNDERLAND CAT & DOG RESCUE LTD 18 Nov 2014
    09316959 D&M PROPERTY SERVICES (SUNDERLAND) LTD 18 Nov 2014
    09317269 DOGGY DAY CARE (SUNDERLAND) LTD 18 Nov 2014
    09323387 AGM DEVELOPMENTS LIMITED 24 Nov 2014
    09332292 CELESTE CAMARCE LTD 28 Nov 2014
    09291617 UK FACILITIES MANAGEMENT COMPANY LTD 03 Nov 2014
    09303355 OPTAMISE LIMITED 10 Nov 2014
    09308349 GEORGI PALAZOV LTD 12 Nov 2014
    09314823 SHONGWE LTD 17 Nov 2014
    09318887 CALVERT PIPE FITTING SERVICES LIMITED 19 Nov 2014
    09324184 JANET SNAITH LIMITED 24 Nov 2014
    09333186 TOMS VEG LIMITED 28 Nov 2014
    09295586 GENAPURA LIMITED 04 Nov 2014
    09311754 COASTAL ENTERPRISES (NE) LTD 14 Nov 2014
    09322661 BUSINESSGURU4U LIMITED 21 Nov 2014