Sunderland, Tyne And Wear

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Sunderland when compared to any previous Q1.
  • March 2015 saw a new record in company closures in Sunderland when compared to any previous March.
  • January 2015 saw a new record in net growth in Sunderland when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Sunderland when compared to any previous Q1.

    A total of 209 companies were registered in Sunderland during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 7.2% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SunderlandUK
    2015209161,156
    2014195150,722
    % change7.2%6.9%
    Record Year 2015 (209) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015597179
    New companies in 2014547764
    % change9.3%-7.8%23.4%
    Record Year2013 (72)2014 (77)2015 (79)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 131 companies were dissolved in Sunderland during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 3.0% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SunderlandUK
    201513189,523
    201413582,370
    % change-3.0%8.7%
    Record Year 2013 (148) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company closures in Sunderland when compared to any previous March.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015314555
    Closed companies in 2014494937
    % change-36.7%-8.2%49%
    Record Year2013 (60)2013 (57)2015 (55)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Sunderland during the first quarter of 2015 (Jan 2015 - Mar 2015) was 78 companies.

    first quarter (Jan 2015 - Mar 2015)SunderlandUK
    20157871,633
    20146068,352
    Record Year 2007 (106) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Sunderland when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015282624
    Net growth in 201452827
    Record Year2015 (28)2008 (32)2007 (56)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Sunderland formed 0.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Sunderland
    20150.1%
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.2%0.1%
    % change7.1%-15.0%12.5%
    Record Year1996 (0.2%)1991 (0.3%)1992 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.3.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Sunderland was in 2007 when 42.8% of all directors were female.

    27.6% of all director appointments in Sunderland in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.03%CONSULTING5.23%
    NORTH1.28%MANAGEMENT4.56%
    LSPV1.13%CONSULTANCY3.62%
    SUNDERLAND1.13%PROPERTY2.72%
    ELECTRICAL1.05%CONSTRUCTION2.19%
    EAST0.90%CARE2.13%
    (NORTH0.90%ENGINEERING2.12%
    EAST)0.90%LONDON1.91%
    NE0.90%TRADING1.88%
    PROPERTY0.83%TRANSPORT1.82%
    LEISURE0.75%ELECTRICAL1.76%
    (NE)0.75%DESIGN1.65%
    CONSTRUCTION0.75%PROPERTIES1.63%
    S0.68%CO.,1.58%
    ENGINEERING0.68%J1.55%
    CARE0.68%CONSULTANTS1.54%
    ENERGY0.60%BUSINESS1.49%
    (SUNDERLAND)0.60%INVESTMENTS1.49%
    PROPERTIES0.60%GLOBAL1.46%
    D0.60%ASSOCIATES1.44%
    N0.60%DEVELOPMENTS1.36%
    CONSULTANCY0.60%BUILDING1.31%
    ACCESS0.60%IT1.30%
    EVENTS0.53%MEDIA1.28%
    R0.53%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied397288,953
    56103 - Take-away food shops and mobile food stands438,607
    99999 - Dormant Company4349,474
    82990 - Other business support service activities not elsewhere classified4258,522
    70229 - Management consultancy activities other than financial management3643,081
    96090 - Other service activities not elsewhere classified3429,218
    74909 - Other professional, scientific and technical activities not elsewhere classified2719,098
    56101 - Licensed restaurants258,909
    43999 - Other specialised construction activities not elsewhere classified249,080
    86900 - Other human health activities2013,990
    62020 - Information technology consultancy activities1730,825
    56302 - Public houses and bars166,355
    68209 - Other letting and operating of own or leased real estate1511,600
    43210 - Electrical installation136,139
    71129 - Other engineering activities126,278
    41100 - Development of building projects1211,863
    41202 - Construction of domestic buildings127,797
    43390 - Other building completion and finishing126,052
    85590 - Other education not elsewhere classified116,238
    74990 - Non-trading company1013,794

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09464562 RYAN NE LTD 02 Mar 2015
    09486368 S.BROS PROPERTY MANAGEMENT LIMITED 12 Mar 2015
    09497618 REVUE BAR LEISURE LTD 19 Mar 2015
    09513019 MEIRUI LIMITED 26 Mar 2015
    09514673 GOLDEN WAY CONSULTING LIMITED 27 Mar 2015
    09477710 NORFOLK HOTEL(SUNDERLAND) LTD 09 Mar 2015
    09477791 BS PROPERTY MANAGEMENT (NE) LTD 09 Mar 2015
    09492317 RMA CONSTRUCTION SOLUTIONS LTD 16 Mar 2015
    09502249 S.M.C RAIL LIMITED 20 Mar 2015
    09465710 DESTINATION COFFEE LIMITED 02 Mar 2015
    09496823 TKL LTD 18 Mar 2015
    09503574 R HANBY ELECTRICAL LIMITED 23 Mar 2015
    09505052 GENTOO TOLENT LIMITED 23 Mar 2015
    09515630 RIVERS MARKETING LTD 28 Mar 2015
    09515961 VICARAGEWINDOWS LTD 28 Mar 2015
    09516108 ALG MARKETING LTD 28 Mar 2015
    09468300 GLOBAL WEALTH ( UK ) LTD 03 Mar 2015
    09481369 VEDRA WELDING LTD 10 Mar 2015
    09484109 JANNY PREMIUM VISION LIMITED 11 Mar 2015
    09498127 FRANCES MARSHALL LIMITED 19 Mar 2015
    09499010 ANIE JOSEPH HEALTHCARE LTD 19 Mar 2015
    09465041 FOREVER GREEN GARDENS LIMITED 02 Mar 2015
    09469650 GREEN KEY ENERGY LIMITED 04 Mar 2015
    09472906 DARREN PALMER ENGINEERING LTD 05 Mar 2015
    09493813 D COLLIN CHIMNEY SWEEP LTD 17 Mar 2015