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
New Company Registrations
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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) Aberdeen UK 2010 433 105,137 2009 299 91,034 % change 44.8% 15.5% Record Year 2006 (499) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 119 139 175 New companies in 2009 103 86 110 % change 15.5% 61.6% 59.1% Record Year 2006 (199) 2005 (198) 2001 (275)
Closed Companies (dissolved)
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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) Aberdeen UK 2010 468 82,677 2009 316 108,060 % change 48.1% -23.5% Record Year 2010 (468) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 98 163 207 Closed companies in 2009 141 120 55 % change -30.5% 35.8% 276% Record Year 2009 (141) 2010 (163) 2010 (207)
Net Company Growth
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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) Aberdeen UK 2010 -35 22,460 2009 -17 -17,026 Record Year 2006 (312) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 21 -24 -32 Net growth in 2009 -38 -34 55 Record Year 2006 (152) 2005 (142) 2001 (202)
UK Company Share
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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 2010 0.4% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.5% Record Year (since 1960) 1992 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.4% 0.4% 0.4% UK formation share in 2009 0.4% 0.3% 0.3% % change 7.2% 38.4% 32.2% Record Year 1991 (1.1%) 1990 (1.2%) 1979 (5.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.52% MANAGEMENT 5.01% (ABERDEEN) 2.20% CONSULTING 4.60% ABERDEEN 1.98% CONSULTANCY 2.87% ENERGY 1.87% PROPERTY 2.50% MANAGEMENT 1.65% ASSOCIATES 2.04% DESIGN 1.10% TRADING 1.93% CONSULTANCY 1.10% DESIGN 1.91% (SCOTLAND) 0.99% CONSTRUCTION 1.87% SUBSEA 0.99% MEDIA 1.84% CONSULTANTS 0.99% BUSINESS 1.74% CONSULTING 0.99% INTERNATIONAL 1.73% OIL 0.88% CONSULTANTS 1.63% OFFSHORE 0.88% ENGINEERING 1.54% OILFIELD 0.77% J 1.48% ASSOCIATES 0.71% LONDON 1.45% INTERNATIONAL 0.71% INVESTMENTS 1.45% SCOTLAND 0.71% GROUP 1.37% PROPERTY 0.71% GLOBAL 1.35% GAS 0.66% PROPERTIES 1.35% BUSINESS 0.66% BUILDING 1.34% INVESTMENTS 0.66% CARE 1.33% CONSTRUCTION 0.66% ELECTRICAL 1.30% INSPECTION 0.60% M 1.28% GLOBAL 0.55% SYSTEMS 1.25% MM&S 0.55% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 731 228,645 7487 - Other business activities 597 74,904 82990 - Other business support service activities not elsewhere classified 411 26,974 74909 - Other professional, scientific and technical activities not elsewhere classified 157 7,143 71129 - Other engineering activities 90 2,152 7414 - Business & management consultancy 76 17,003 1120 - Services to oil and gas extraction 75 365 70229 - Management consultancy activities other than financial management 71 14,007 09100 - Support activities for petroleum and natural gas extraction 70 371 96090 - Other service activities not elsewhere classified 47 8,154 9305 - Other service activities 43 9,038 7499 - Non-trading company 38 15,398 71122 - Engineering related scientific and technical consulting activities 37 926 06100 - Extraction of crude petroleum 33 214 9999 - Dormant Company 33 19,948 74990 - Non-trading company 31 8,149 7011 - Development & sell real estate 29 5,300 71121 - Engineering design activities for industrial process and production 28 677 5530 - Restaurants 26 4,798 99999 - Dormant Company 21 13,808
Recent Companies
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Randomly selected companies from this quarter
reports
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