Dundee, Angus

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Dundee when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Dundee when compared to any quarter in history.
  • March 2014 saw a new record in company registrations in Dundee when compared to any previous March.
  • March 2014 saw a new record in company closures in Dundee when compared to any previous March.

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 2014)

    Q1 2014 saw a new record in company registrations in Dundee when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Dundee when compared to any quarter in history.

    A total of 227 companies were registered in Dundee during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 6.1% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)DundeeUK
    2014227150,722
    2013214134,802
    % change6.1%11.8%
    Record Year 2014 (227) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company registrations in Dundee when compared to any previous March.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014598583
    New companies in 2013648565
    % change-7.8%0.0%27.7%
    Record Year2013 (64)2014 (85)2014 (83)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 143 companies were dissolved in Dundee during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 10.0% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)DundeeUK
    201414382,370
    201313077,914
    % change10.0%5.7%
    Record Year 2014 (143) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    March 2014 saw a new record in company closures in Dundee when compared to any previous March.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014443861
    Closed companies in 2013622048
    % change-29.0%90.0%27%
    Record Year2013 (62)2009 (49)2014 (61)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Dundee during the first quarter of 2014 (Jan 2014 - Mar 2014) was 84 companies.

    first quarter (Jan 2014 - Mar 2014)DundeeUK
    20148468,352
    20138456,888
    Record Year 2008 (97) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014154722
    Net growth in 201326517
    Record Year2007 (44)2013 (65)2011 (56)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Dundee formed 0.2% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Dundee
    20140.2%
    20130.2%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.2%0.1%
    UK formation share in 20130.1%0.2%0.1%
    % change-13.7%-7.7%6.6%
    Record Year1990 (0.3%)2013 (0.2%)1992 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 45.2.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Dundee was in 2013 when 31.3% of all directors were female.

    24.8% of all director appointments in Dundee in the first quarter of 2014 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 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    DUNDEE2.85%CONSULTING5.22%
    (DUNDEE)2.02%MANAGEMENT4.67%
    ENGINEERING1.42%CONSULTANCY3.49%
    ELECTRICAL1.35%PROPERTY2.64%
    SCOTLAND1.20%TRADING2.05%
    (SCOTLAND)1.12%LONDON1.88%
    CONSULTANCY0.97%ENGINEERING1.86%
    STREET0.97%CARE1.79%
    MANAGEMENT0.90%CONSTRUCTION1.75%
    PROPERTY0.82%DESIGN1.75%
    INVESTMENTS0.75%CONSULTANTS1.73%
    DEVELOPMENTS0.67%BUSINESS1.71%
    CONSULTING0.67%PROPERTIES1.60%
    G0.67%INVESTMENTS1.60%
    ACCESS0.60%GLOBAL1.58%
    RETAIL0.60%J1.48%
    PROPERTIES0.60%ASSOCIATES1.48%
    TAYSIDE0.60%MEDIA1.48%
    MOTORS0.52%IT1.33%
    FOOD0.52%TRANSPORT1.30%
    FAST0.52%DEVELOPMENTS1.29%
    HOUSE0.52%BUILDING1.24%
    TRADING0.52%M1.21%
    H0.52%CAPITAL1.20%
    TAY0.45%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied419280,210
    82990 - Other business support service activities not elsewhere classified6556,411
    99999 - Dormant Company6247,084
    70229 - Management consultancy activities other than financial management3737,882
    96090 - Other service activities not elsewhere classified3526,700
    56302 - Public houses and bars315,732
    56103 - Take-away food shops and mobile food stands317,300
    68209 - Other letting and operating of own or leased real estate319,284
    74909 - Other professional, scientific and technical activities not elsewhere classified2918,491
    62020 - Information technology consultancy activities2827,750
    56101 - Licensed restaurants287,965
    96020 - Hairdressing and other beauty treatment256,236
    43210 - Electrical installation205,885
    62090 - Other information technology service activities1812,813
    43320 - Joinery installation152,086
    86900 - Other human health activities1510,273
    43999 - Other specialised construction activities not elsewhere classified158,155
    74990 - Non-trading company1514,135
    68100 - Buying and selling of own real estate155,920
    49320 - Taxi operation141,649

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC468878 DRAGON CHINESE TRANSLATIONS LTD 03 Feb 2014
    SC469107 SEAGATE FOODS LTD 04 Feb 2014
    SC469424 WEBMOR'S RESTAURANT LIMITED 07 Feb 2014
    SC469797 BORTH HEES FAMILIES LIMITED 12 Feb 2014
    SC470485 UTILISE IMPORT AND EXPORT LIMITED 20 Feb 2014
    SC470793 BLACK GROUSE COLLECTIVE LIMITED 24 Feb 2014
    SC471147 CLIMB INDUSTRIES LIMITED 27 Feb 2014
    SC471275 OPTIMAL OSP LIMITED 28 Feb 2014
    SC468900 FUEL AND HEAT EFFICIENCY SCOTLAND LTD 03 Feb 2014
    SC468903 SAVERSCHOICE UK LIMITED 03 Feb 2014
    SC469810 F, MCLAUGHLIN & SON LIMITED 12 Feb 2014
    SC470962 PAVILLION ADMINISTRATION SERVICES LIMITED 25 Feb 2014
    SC469183 MHS1 LTD 05 Feb 2014
    SC470062 MORGAN DEVELOPMENTS (SCOTLAND) LIMITED 17 Feb 2014
    SC469549 TAY FC LIMITED 10 Feb 2014
    SC470260 AFFAA LTD 18 Feb 2014
    SC469003 D'AMBROSIO LTD 04 Feb 2014
    SC469062 7 SPICE FORFAR LTD 04 Feb 2014
    SC470032 MAB SAFETY CONSULTANTS LIMITED 14 Feb 2014
    SC470681 LAURADEES HAIR DESIGN LIMITED 21 Feb 2014
    SC470882 MAYBEG LIMITED 25 Feb 2014
    SC470891 TANNOCHBEG LIMITED 25 Feb 2014
    SC470893 BEGMUIR LIMITED 25 Feb 2014
    SC470968 PINNEM LIMITED 25 Feb 2014
    SC471221 TRYST IT LIMITED 28 Feb 2014