Aberdeen, Aberdeenshire

2010 Half Year Business Confidence Report

Headlines

  • The first half of 2010 saw a new record in company closures in Aberdeen when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company closures in Aberdeen when compared to any half year in history.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 859 companies were formed in Aberdeen. This figure is 38.3% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Aberdeen occurred in 2007 when a total of 1,449 were formed.

    Half Year (Jan-Jun)AberdeenUK
    2010859203,749
    2009621182,021
    % change38.3%11.9%
    Record Year2007 (1,449)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 426 companies were registered in Aberdeen during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 32.3% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)AberdeenUK
    201042698,612
    200932290,987
    % change32.3%8.4%
    Record Year 2007 (985) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010136149141
    New companies in 200997120105
    % change40.2%24.2%34.3%
    Record Year2007 (320)2007 (344)2007 (321)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company closures in Aberdeen when compared to any previous first half year.

    The first half of 2010 was a record first half year for company closures in Aberdeen when compared to any half year in history.

    In the first half of 2010 a total of 893 companies were dissolved in Aberdeen. This figure is 3.1% higher than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Aberdeen occurred in 2010 when a total of 893 were closed.

    Half Year (Jan-Jun)AberdeenUK
    2010893177,631
    2009866289,236
    % change3.1%-38.6%
    Record Year2010 (893)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 425 companies were dissolved in Aberdeen during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 22.7% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)AberdeenUK
    201042594,954
    2009550181,176
    % change-22.7%-47.6%
    Record Year 2009 (550) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201060249116
    Closed companies in 200912373165
    % change400.0%-33.2%-30%
    Record Year2001 (61)2009 (373)2009 (165)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Aberdeen decreased by 34 companies.

    Half Year (Jan-Jun)AberdeenUK
    2010-3426,118
    2009-245-107,215
    Record Year2007 (1,059)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Aberdeen during the second quarter of 2010 (Apr 2010 - Jun 2010) was 1 companies.

    second quarter (Apr 2010 - Jun 2010)AberdeenUK
    201013,658
    2009-228-90,189
    Record Year 2007 (805) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201076-10025
    Net growth in 200985-253-60
    Record Year2007 (285)2007 (285)2007 (235)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Aberdeen formed 0.4% of all UK companies. This is more than the 2009 figure of 0.3%.

    Half Year (Jan-Jun)Aberdeen
    20100.4%
    20090.3%
    20080.4%
    20070.5%
    20060.5%
    Record Year (since 1960) 1990 (0.9%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

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

    second quarter (Apr 2010 - Jun 2010)Aberdeen
    20100.4%
    20090.4%
    20080.4%
    20070.9%
    20060.5%
    Record Year (since 1960) 1990 (1.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.4%0.5%0.4%
    UK formation share in 20090.3%0.4%0.3%
    % change29.0%18.4%20.8%
    Record Year1979 (6.4%)1981 (1.1%)1990 (1.0%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

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

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

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

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

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

    26.6% of all director appointments in Aberdeen in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Aberdeen was in 1866 when 66.7% of all directors were female.

    27.5% of all director appointments in Aberdeen in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ENGINEERING4.10%MANAGEMENT5.01%
    (ABERDEEN)2.44%CONSULTING4.79%
    ABERDEEN2.39%CONSULTANCY3.02%
    ENERGY1.61%PROPERTY2.40%
    MANAGEMENT1.56%ASSOCIATES2.02%
    CONSULTANCY1.51%TRADING2.01%
    CONSULTANTS1.51%DESIGN1.91%
    CONSULTING1.35%CONSTRUCTION1.85%
    (SCOTLAND)1.25%MEDIA1.80%
    SUBSEA1.14%BUSINESS1.75%
    DESIGN0.99%CONSULTANTS1.71%
    OIL0.83%INTERNATIONAL1.59%
    OFFSHORE0.78%ENGINEERING1.56%
    PROPERTY0.78%LONDON1.52%
    PROJECT0.73%INVESTMENTS1.49%
    SCOTLAND0.67%J1.46%
    INSPECTION0.62%CARE1.41%
    CONSTRUCTION0.62%GLOBAL1.39%
    INTERNATIONAL0.62%PROPERTIES1.35%
    ASSOCIATES0.62%BUILDING1.33%
    BUSINESS0.62%M1.29%
    J0.57%IT1.28%
    GAS0.57%ELECTRICAL1.27%
    ENTERPRISES0.57%GROUP1.25%
    MARINE0.52%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied710207,125
    7487 - Other business activities43868,525
    82990 - Other business support service activities not elsewhere classified27425,942
    74909 - Other professional, scientific and technical activities not elsewhere classified1316,684
    7414 - Business & management consultancy6914,598
    1120 - Services to oil and gas extraction61310
    70229 - Management consultancy activities other than financial management5413,490
    09100 - Support activities for petroleum and natural gas extraction48290
    9305 - Other service activities458,822
    96090 - Other service activities not elsewhere classified397,922
    71129 - Other engineering activities391,480
    9999 - Dormant Company3319,842
    7499 - Non-trading company3213,997
    74990 - Non-trading company307,893
    5530 - Restaurants264,879
    06100 - Extraction of crude petroleum26182
    71122 - Engineering related scientific and technical consulting activities24706
    7011 - Development & sell real estate244,579
    62020 - Information technology consultancy activities208,590
    99999 - Dormant Company1914,342

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC377916 OAG FOCUS UK LTD 04 May 2010
    SC378115 ABERDEEN MOTORCYCLE SERVICE CENTRE LTD. 06 May 2010
    SC378319 LIANA EVENT SOLUTIONS LIMITED 11 May 2010
    SC378344 VALLEY EAST 111 LIMITED 11 May 2010
    SC378378 FISHBAY LIMITED 11 May 2010
    SC378526 CFF TECHNOLOGIES LIMITED 13 May 2010
    SC378586 ROAD2BUILD LIMITED 14 May 2010
    SC378694 PRUNUS LIMITED 18 May 2010
    SC378976 THE EDGE (INVERURIE) LIMITED 21 May 2010
    SC379155 SDFR LIMITED 25 May 2010
    SC379353 CLOUDY TEAPOT RECORDS LIMITED 27 May 2010
    SC377904 PALBEACH LIMITED 04 May 2010
    SC377979 JWC QUALITY MANAGEMENT LIMITED 05 May 2010
    SC378105 TTL (TAVERNS) LIMITED 06 May 2010
    SC378277 DORIC PIPING SOLUTIONS LTD 10 May 2010
    SC378638 DH SUBSEA CONSTRUCTION LTD 18 May 2010
    SC378642 TITAN STEEL LIMITED 18 May 2010
    SC378756 LJB BUSINESS SOLUTIONS LIMITED 18 May 2010
    SC379204 STUARTFIELD WIND POWER LIMITED 26 May 2010
    SC379337 DONSIDE WATER LIMITED 27 May 2010
    SC377918 AS FALK SERVICES LIMITED 04 May 2010
    SC378301 WILLIS ENERGY SERVICES LTD. 10 May 2010
    SC378310 THE HAMILTON SCHOOL (ABERDEEN) LIMITED 11 May 2010
    SC378362 ID (ABERDEEN) LIMITED 11 May 2010
    SC378669 FOREANDMORE LTD. 18 May 2010