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
    09242859 VAHID LTD 01 Oct 2014
    09262544 RED STAR PIZZA LTD 14 Oct 2014
    09267796 COLLEGE STREET (LEICESTER) MANAGEMENT COMPANY LTD 16 Oct 2014
    09273172 MIRKO PIZZA LTD 21 Oct 2014
    09279199 AUTO ACE INTERNATIONAL LIMITED 24 Oct 2014
    09247245 M WRIGHTSON LTD 03 Oct 2014
    09249528 JCML ASSOCIATES (NE) LIMITED 06 Oct 2014
    09252660 DURHAM BARS LIMITED 07 Oct 2014
    09257281 LPHARM LTD. 09 Oct 2014
    09284859 CLEAN AND SOBER LIVING CIC 28 Oct 2014
    09246599 JET BLACK CLOTHING LTD 02 Oct 2014
    09266678 RM RESOURCES LTD 16 Oct 2014
    09267859 O R ABRAHAM LTD 16 Oct 2014
    09278207 72 MEDIA PUBLICATIONS LTD 23 Oct 2014
    09283905 TREADMILL GYM LTD 28 Oct 2014
    09284265 REDHAND ELECTRICALS LIMITED 28 Oct 2014
    09286890 RYHOPE BOXING GYM COMMUNITY INTEREST COMPANY 29 Oct 2014
    09289311 INTER SCHOOL BOXING LTD 31 Oct 2014
    09244347 ICC (ELECTRICAL) LIMITED 01 Oct 2014
    09246969 ENERGY PERFECTA LTD 02 Oct 2014
    09285043 SUNDERLAND ADVERTISER LIMITED 29 Oct 2014
    09286946 SMMC TRANSPORT LTD 29 Oct 2014
    09251215 K.C APPLICATION SPECIALISTS LTD 07 Oct 2014
    09268681 SCOTIA TECHNICAL LTD 17 Oct 2014
    09279404 FRASER RESTORATION LTD 24 Oct 2014