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

  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 (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)AberdeenUK
    2010358101,492
    200928394,671
    % change26.5%7.2%
    Record Year 2002 (461) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010132102124
    New companies in 20098390110
    % change59.0%13.3%12.7%
    Record Year2005 (165)2002 (194)2003 (185)

Closed Companies (dissolved)

  1. 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)AberdeenUK
    201042387,705
    2009331159,401
    % change27.8%-45.0%
    Record Year 2010 (423) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 201023563125
    Closed companies in 20096917389
    % change240.6%-63.6%40%
    Record Year2010 (235)2009 (173)2010 (125)

Net Company Growth

  1. 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)AberdeenUK
    2010-6513,787
    2009-48-64,730
    Record Year 2002 (305) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010-10339-1
    Net growth in 200914-8321
    Record Year2002 (110)2002 (134)2008 (137)

UK Company Share

  1. 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
    20100.4%
    20090.3%
    20080.4%
    20070.3%
    20060.4%
    Record Year (since 1960) 1989 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.4%0.3%0.4%
    UK formation share in 20090.3%0.3%0.3%
    % change47.9%2.8%8.1%
    Record Year1975 (0.8%)1989 (1.0%)2001 (1.0%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    ENGINEERING5.04%MANAGEMENT5.06%
    ABERDEEN2.65%CONSULTING4.99%
    (ABERDEEN)2.40%CONSULTANCY3.12%
    ENERGY1.90%PROPERTY2.38%
    CONSULTING1.90%TRADING2.04%
    MANAGEMENT1.75%ASSOCIATES2.01%
    CONSULTANTS1.65%DESIGN1.93%
    CONSULTANCY1.50%CONSTRUCTION1.86%
    DESIGN1.25%BUSINESS1.80%
    SUBSEA1.25%MEDIA1.75%
    (SCOTLAND)1.25%CONSULTANTS1.73%
    OFFSHORE0.85%LONDON1.59%
    SCOTLAND0.75%ENGINEERING1.59%
    MARINE0.75%INVESTMENTS1.49%
    OIL0.70%CARE1.44%
    CONSTRUCTION0.65%J1.44%
    ENTERPRISES0.65%INTERNATIONAL1.43%
    BUSINESS0.65%GLOBAL1.42%
    PROPERTY0.65%IT1.35%
    ASSOCIATES0.60%PROPERTIES1.35%
    S0.60%BUILDING1.32%
    PROJECT0.60%ELECTRICAL1.30%
    INSPECTION0.55%M1.28%
    J0.50%SYSTEMS1.26%
    OILFIELD0.50%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied575202,902
    7487 - Other business activities40469,802
    82990 - Other business support service activities not elsewhere classified24525,053
    74909 - Other professional, scientific and technical activities not elsewhere classified1236,460
    7414 - Business & management consultancy7214,940
    70229 - Management consultancy activities other than financial management5313,161
    1120 - Services to oil and gas extraction53300
    09100 - Support activities for petroleum and natural gas extraction46279
    9305 - Other service activities399,454
    96090 - Other service activities not elsewhere classified397,767
    9999 - Dormant Company3421,484
    71129 - Other engineering activities331,418
    5530 - Restaurants315,181
    74990 - Non-trading company287,649
    06100 - Extraction of crude petroleum26175
    7499 - Non-trading company2413,408
    99999 - Dormant Company2214,072
    62020 - Information technology consultancy activities198,292
    71122 - Engineering related scientific and technical consulting activities18647
    68209 - Other letting and operating of own or leased real estate173,631

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC383343 PRIM & PROPERTY LTD 09 Aug 2010
    SC383565 MGRL LTD 12 Aug 2010
    SC384237 GYM ENTERPRISES LIMITED 25 Aug 2010
    SC384481 TOTAL ACCESS TRAINING SOLUTIONS LTD. 31 Aug 2010
    SC383474 OIL & GAS RESOURCE ENGINEERING LIMITED 10 Aug 2010
    SC383731 ALPHA PETROLEUM TECHNOLOGY LIMITED 16 Aug 2010
    SC383785 D NESS LIMITED 17 Aug 2010
    SC383798 ODS ABERDEEN LIMITED 17 Aug 2010
    SC383846 SKM ABERDEEN LTD 18 Aug 2010
    SC383959 TRISOL DESIGN LIMITED 19 Aug 2010
    SC382941 ANGELIS ENGINEERING LTD 02 Aug 2010
    SC383308 MB PROJECT MANAGEMENT SOLUTIONS LTD 09 Aug 2010
    SC383855 MSS CONSULTANCY LIMITED 18 Aug 2010
    SC383857 CDC (COVE) LIMITED 18 Aug 2010
    SC383260 RIZ ASSOCIATES LTD 06 Aug 2010
    SC383577 CJN DRILLING LTD 12 Aug 2010
    SC384395 ASSET INTEGRITY SYSTEMS LTD 27 Aug 2010
    SC383475 PRECISION INSPECTION LIMITED 11 Aug 2010
    SC383585 AGG CONSTRUCTION LIMITED 12 Aug 2010
    SC383986 CALEDONIA WELL INTERVENTION CONSULTANCY SERVICES LIMITED 20 Aug 2010
    SC383350 PGS DN LIMITED 09 Aug 2010
    SC383369 RIVEBOND SERVICES UK LIMITED 09 Aug 2010
    SC383391 KINATIS ENERGY SERVICES LIMITED 10 Aug 2010
    SC383269 FOURM ACCOUNTING SERVICES LIMITED 06 Aug 2010
    SC383325 E S MARINE OFFSHORE SERVICES LIMITED 09 Aug 2010