Aberdeen, Aberdeenshire
Q3 2010 Business Confidence Report
Headlines
- Q3 2010 saw a new record in company closures in Aberdeen when compared to any previous Q3.
- September 2010 saw a new record in company closures in Aberdeen when compared to any previous September.
- July 2010 saw a new record in company closures in Aberdeen when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 358 companies were registered in Aberdeen during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 26.5% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Aberdeen UK 2010 358 101,492 2009 283 94,671 % change 26.5% 7.2% Record Year 2002 (461) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
New Companies by Month
July August September New companies in 2010 132 102 124 New companies in 2009 83 90 110 % change 59.0% 13.3% 12.7% Record Year 2005 (165) 2002 (194) 2003 (185)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
Q3 2010 saw a new record in company closures in Aberdeen when compared to any previous Q3.
A total of 423 companies were dissolved in Aberdeen during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 27.8% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Aberdeen UK 2010 423 87,705 2009 331 159,401 % change 27.8% -45.0% Record Year 2010 (423) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company closures in Aberdeen when compared to any previous September.
July 2010 saw a new record in company closures in Aberdeen when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 235 63 125 Closed companies in 2009 69 173 89 % change 240.6% -63.6% 40% Record Year 2010 (235) 2009 (173) 2010 (125)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Aberdeen during the third quarter of 2010 (Jul 2010 - Sep 2010) was -65 companies.
third quarter (Jul 2010 - Sep 2010) Aberdeen UK 2010 -65 13,787 2009 -48 -64,730 Record Year 2002 (305) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 -103 39 -1 Net growth in 2009 14 -83 21 Record Year 2002 (110) 2002 (134) 2008 (137)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Aberdeen formed 0.4% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Aberdeen 2010 0.4% 2009 0.3% 2008 0.4% 2007 0.3% 2006 0.4% Record Year (since 1960) 1989 (0.9%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.4% 0.3% 0.4% UK formation share in 2009 0.3% 0.3% 0.3% % change 47.9% 2.8% 8.1% Record Year 1975 (0.8%) 1989 (1.0%) 2001 (1.0%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 42.7.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 0.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Aberdeen was in 1862 when 50.0% of all directors were female.
29.9% of all director appointments in Aberdeen in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 5.04% MANAGEMENT 5.06% ABERDEEN 2.65% CONSULTING 4.99% (ABERDEEN) 2.40% CONSULTANCY 3.12% ENERGY 1.90% PROPERTY 2.38% CONSULTING 1.90% TRADING 2.04% MANAGEMENT 1.75% ASSOCIATES 2.01% CONSULTANTS 1.65% DESIGN 1.93% CONSULTANCY 1.50% CONSTRUCTION 1.86% DESIGN 1.25% BUSINESS 1.80% SUBSEA 1.25% MEDIA 1.75% (SCOTLAND) 1.25% CONSULTANTS 1.73% OFFSHORE 0.85% LONDON 1.59% SCOTLAND 0.75% ENGINEERING 1.59% MARINE 0.75% INVESTMENTS 1.49% OIL 0.70% CARE 1.44% CONSTRUCTION 0.65% J 1.44% ENTERPRISES 0.65% INTERNATIONAL 1.43% BUSINESS 0.65% GLOBAL 1.42% PROPERTY 0.65% IT 1.35% ASSOCIATES 0.60% PROPERTIES 1.35% S 0.60% BUILDING 1.32% PROJECT 0.60% ELECTRICAL 1.30% INSPECTION 0.55% M 1.28% J 0.50% SYSTEMS 1.26% OILFIELD 0.50% S 1.24%
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 575 202,902 7487 - Other business activities 404 69,802 82990 - Other business support service activities not elsewhere classified 245 25,053 74909 - Other professional, scientific and technical activities not elsewhere classified 123 6,460 7414 - Business & management consultancy 72 14,940 70229 - Management consultancy activities other than financial management 53 13,161 1120 - Services to oil and gas extraction 53 300 09100 - Support activities for petroleum and natural gas extraction 46 279 9305 - Other service activities 39 9,454 96090 - Other service activities not elsewhere classified 39 7,767 9999 - Dormant Company 34 21,484 71129 - Other engineering activities 33 1,418 5530 - Restaurants 31 5,181 74990 - Non-trading company 28 7,649 06100 - Extraction of crude petroleum 26 175 7499 - Non-trading company 24 13,408 99999 - Dormant Company 22 14,072 62020 - Information technology consultancy activities 19 8,292 71122 - Engineering related scientific and technical consulting activities 18 647 68209 - Other letting and operating of own or leased real estate 17 3,631
Recent Companies
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Randomly selected companies from this quarter
reports
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