Aberdeen, Aberdeenshire

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Aberdeen when compared to any previous Q1.
  • March 2010 saw a new record in company closures in Aberdeen when compared to any previous March.
  • February 2010 saw a new record in company closures in Aberdeen when compared to any previous February.

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 2010)

    A total of 433 companies were registered in Aberdeen during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 44.8% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)AberdeenUK
    2010433105,137
    200929991,034
    % change44.8%15.5%
    Record Year 2006 (499) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010119139175
    New companies in 200910386110
    % change15.5%61.6%59.1%
    Record Year2006 (199)2005 (198)2001 (275)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Aberdeen when compared to any previous Q1.

    A total of 468 companies were dissolved in Aberdeen during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 48.1% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)AberdeenUK
    201046882,677
    2009316108,060
    % change48.1%-23.5%
    Record Year 2010 (468) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company closures in Aberdeen when compared to any previous March.

    February 2010 saw a new record in company closures in Aberdeen when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201098163207
    Closed companies in 200914112055
    % change-30.5%35.8%276%
    Record Year2009 (141)2010 (163)2010 (207)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Aberdeen during the first quarter of 2010 (Jan 2010 - Mar 2010) was -35 companies.

    first quarter (Jan 2010 - Mar 2010)AberdeenUK
    2010-3522,460
    2009-17-17,026
    Record Year 2006 (312) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201021-24-32
    Net growth in 2009-38-3455
    Record Year2006 (152)2005 (142)2001 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Aberdeen formed 0.4% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Aberdeen
    20100.4%
    20090.3%
    20080.4%
    20070.3%
    20060.5%
    Record Year (since 1960) 1992 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.4%0.4%0.4%
    UK formation share in 20090.4%0.3%0.3%
    % change7.2%38.4%32.2%
    Record Year1991 (1.1%)1990 (1.2%)1979 (5.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 43.8.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Aberdeen was in 1861 when 40.0% of all directors were female.

    25.8% of all director appointments in Aberdeen in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    ENGINEERING3.52%MANAGEMENT5.01%
    (ABERDEEN)2.20%CONSULTING4.60%
    ABERDEEN1.98%CONSULTANCY2.87%
    ENERGY1.87%PROPERTY2.50%
    MANAGEMENT1.65%ASSOCIATES2.04%
    DESIGN1.10%TRADING1.93%
    CONSULTANCY1.10%DESIGN1.91%
    (SCOTLAND)0.99%CONSTRUCTION1.87%
    SUBSEA0.99%MEDIA1.84%
    CONSULTANTS0.99%BUSINESS1.74%
    CONSULTING0.99%INTERNATIONAL1.73%
    OIL0.88%CONSULTANTS1.63%
    OFFSHORE0.88%ENGINEERING1.54%
    OILFIELD0.77%J1.48%
    ASSOCIATES0.71%LONDON1.45%
    INTERNATIONAL0.71%INVESTMENTS1.45%
    SCOTLAND0.71%GROUP1.37%
    PROPERTY0.71%GLOBAL1.35%
    GAS0.66%PROPERTIES1.35%
    BUSINESS0.66%BUILDING1.34%
    INVESTMENTS0.66%CARE1.33%
    CONSTRUCTION0.66%ELECTRICAL1.30%
    INSPECTION0.60%M1.28%
    GLOBAL0.55%SYSTEMS1.25%
    MM&S0.55%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied731228,645
    7487 - Other business activities59774,904
    82990 - Other business support service activities not elsewhere classified41126,974
    74909 - Other professional, scientific and technical activities not elsewhere classified1577,143
    71129 - Other engineering activities902,152
    7414 - Business & management consultancy7617,003
    1120 - Services to oil and gas extraction75365
    70229 - Management consultancy activities other than financial management7114,007
    09100 - Support activities for petroleum and natural gas extraction70371
    96090 - Other service activities not elsewhere classified478,154
    9305 - Other service activities439,038
    7499 - Non-trading company3815,398
    71122 - Engineering related scientific and technical consulting activities37926
    06100 - Extraction of crude petroleum33214
    9999 - Dormant Company3319,948
    74990 - Non-trading company318,149
    7011 - Development & sell real estate295,300
    71121 - Engineering design activities for industrial process and production28677
    5530 - Restaurants264,798
    99999 - Dormant Company2113,808

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC372162 JAMES AIKEN ENGINEERING SOLUTIONS LIMITED 02 Feb 2010
    SC372573 BAGOZZA ABERDEEN LIMITED 08 Feb 2010
    SC372830 REVERE ENGINEERING UK LIMITED 11 Feb 2010
    SC373180 D & B MURCHIE LTD. 17 Feb 2010
    SC373210 MOUNTWEST ACADEMIC LIMITED 17 Feb 2010
    SC373240 STUART WELL ENGINEERING SCOTLAND LTD 18 Feb 2010
    SC373356 NUTRIPOINT LIMITED 19 Feb 2010
    SC373442 PICCOLO PIZZA LTD 23 Feb 2010
    SC373603 RTF CALIBRATION SUPPLY & SERVICES LIMITED 24 Feb 2010
    SC373793 DYNASTIC SOLUTIONS LTD. 26 Feb 2010
    SC372123 KALCHEM ENGINEERING LIMITED 01 Feb 2010
    SC372457 XCD PLAN LTD 05 Feb 2010
    SC372523 ENSCO 307 LIMITED 08 Feb 2010
    SC372671 LAPIS GOLD ABERDEEN LIMITED 09 Feb 2010
    SC373099 ART DEAMOON LTD 16 Feb 2010
    SC373338 PETROSAGE ENERGY RESOURCES UK LTD 19 Feb 2010
    SC373388 KENVIC RESOURCES UK LTD 22 Feb 2010
    SC373485 E.D. ENERGY LIMITED 23 Feb 2010
    SC373509 KEN BLACK SERVICES LIMITED 23 Feb 2010
    SC373559 MECONPLUS LTD 24 Feb 2010
    SC373775 PACIFIC SHELF 1603 LIMITED 26 Feb 2010
    SC372855 TAXIVANS SCOTLAND LIMITED 11 Feb 2010
    SC372957 THREE STAR FISH BAR LIMITED 12 Feb 2010
    SC373579 SPACE FRAME CONSTRUCTION LTD 24 Feb 2010
    SC373095 A9MO LIMITED 16 Feb 2010