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
    SC466779 EMMA NIMMONS OPTOMETRY LIMITED 07 Jan 2014
    SC466929 DOUGLAS STREET 10 LTD 08 Jan 2014
    SC467066 CORFU GRILL LIMITED 10 Jan 2014
    SC468676 M & P CLUBS. LIMITED 30 Jan 2014
    SC467154 BROOMLEE 1960 LIMITED 13 Jan 2014
    SC467234 ETTRICK 1956 LIMITED 13 Jan 2014
    SC467296 DORWARD ELECTRICAL SERVICES LIMITED 14 Jan 2014
    SC467903 RSM (DUNDEE) LIMITED 20 Jan 2014
    SC467963 THE GLITTER THRIFTER LIMITED 21 Jan 2014
    SC467242 DUNDEE WINDOW CENTRE LIMITED 13 Jan 2014
    SC467346 NINDINO LTD 14 Jan 2014
    SC468570 D.E. INTEGRATED SERVICES LIMITED 29 Jan 2014
    SC468606 MMP LAND ROVER LIMITED 29 Jan 2014
    SC466839 STRATHLAINE LTD 07 Jan 2014
    SC467913 HEATH ENVIRONMENT CONSULTANTS LTD 21 Jan 2014
    SC467479 TAY HOTELS (BROUGHTY FERRY) LIMITED 15 Jan 2014
    SC467494 INDEPENDANCE FOR YOU LIMITED 15 Jan 2014
    SC467614 KEITH GIBSON LIMITED 16 Jan 2014
    SC467616 JEN HENDERSON LIMITED 16 Jan 2014
    SC467650 THE DOUGLAS CLUB LIMITED 16 Jan 2014
    SC467674 RAM INSPECTION SERVICES LTD 17 Jan 2014
    SC467689 ILLUM GLOBAL GAMES LTD 17 Jan 2014
    SC467979 F&M PROPERTY (DUNDEE) LTD 22 Jan 2014
    SC468009 SCHEPRO LIMITED 22 Jan 2014
    SC468668 PLATEN TECHNOLOGIES LTD 30 Jan 2014