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
    SC471756 K J SWIFT & CO LTD 06 Mar 2014
    SC472072 THE DUNDEE & ANGUS FOUNDATION 10 Mar 2014
    SC472109 123 AUTO PARTS TAYSIDE LTD. 10 Mar 2014
    SC472689 DRIVE ENTERPRISES C.I.C. 17 Mar 2014
    SC473018 M.E.C. HOLDINGS (SCOTLAND) LIMITED 20 Mar 2014
    SC473949 SALTIRE BAR LTD 31 Mar 2014
    SC471527 ADK FLOORING LIMITED 04 Mar 2014
    SC471807 G & H PROPERTY MANAGEMENT LTD 06 Mar 2014
    SC472486 SILVERCHORD CONSULTANCY LIMITED 14 Mar 2014
    SC473392 GREEN OLIVE TREE LIMITED 25 Mar 2014
    SC471432 ACOREAL LTD. 03 Mar 2014
    SC471621 SCOT COURIERS LTD 05 Mar 2014
    SC472296 WEST ONE FACTORS LIMITED 12 Mar 2014
    SC472838 ROMANA RESTAURANTS LIMITED 18 Mar 2014
    SC473302 FIADH LTD 24 Mar 2014
    SC473325 L THOMPSON THEATRE SERVICES LIMITED 24 Mar 2014
    SC473905 ARCARI'S P.A.D. LTD 31 Mar 2014
    SC471405 HOME REPAIR & MAINTENANCE LTD 03 Mar 2014
    SC471494 TIME AND CHANCE LOGISTICS LIMITED 04 Mar 2014
    SC472874 DISCOVERY BLINDS AND SHUTTERS LTD 19 Mar 2014
    SC473557 MENTAL WELLBEING CONSULTANCY LIMITED 26 Mar 2014
    SC472315 DISCOVERY GAS SUPPLIES LIMITED 13 Mar 2014
    SC472320 THE NEW MAGIC WOK LIMITED 13 Mar 2014
    SC472322 APPTINET LIMITED 13 Mar 2014
    SC473197 SANDTON HAIR LIMITED 24 Mar 2014