Aberdeen, Aberdeenshire

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company closures in Aberdeen when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Aberdeen when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company closures in Aberdeen when compared to any half year in history.
  • Q4 2010 saw a new record in company closures in Aberdeen when compared to any previous Q4.
  • December 2010 saw a new record in company closures in Aberdeen when compared to any previous December.

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. Annual Data (2010)

    A total of 1,592 companies were formed in Aberdeen in 2010. This total is 35.5% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearAberdeenUK
    20101,592400,358
    20091,175362,675
    20081,376349,203
    20072,079457,649
    20061,906405,440
    Record Year2007 (2,079)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 733 companies were formed in Aberdeen. This figure is 32.3% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Aberdeen occurred in 2006 when a total of 898 were formed.

    Half Year (Jul-Dec)AberdeenUK
    2010733196,609
    2009554180,654
    % change32.3%8.8%
    Record Year2006 (898)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 375 companies were registered in Aberdeen during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 38.4% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)AberdeenUK
    201037595,117
    200927185,983
    % change38.4%10.6%
    Record Year 2006 (510) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010117143115
    New companies in 2009909982
    % change30.0%44.4%40.2%
    Record Year2006 (328)2001 (157)2003 (183)

Closed Companies (dissolved)

  1. Annual Data (2010)

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

    A total of 1,794 companies were dissolved in Aberdeen in 2010. This total is 17.4% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearAberdeenUK
    20101,794342,232
    20091,528533,773
    2008951237,901
    2007770220,295
    2006743200,166
    Record Year2010 (1,794)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

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

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

    In the second half of 2010 a total of 901 companies were dissolved in Aberdeen. This figure is 36.1% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Aberdeen occurred in 2010 when a total of 901 were closed.

    Half Year (Jul-Dec)AberdeenUK
    2010901164,601
    2009662244,537
    % change36.1%-32.7%
    Record Year2010 (901)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Aberdeen when compared to any previous Q4.

    A total of 478 companies were dissolved in Aberdeen during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 44.4% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)AberdeenUK
    201047876,896
    200933185,136
    % change44.4%-9.7%
    Record Year 2010 (478) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201017298208
    Closed companies in 200913912369
    % change23.7%-20.3%201%
    Record Year2008 (375)2009 (123)2010 (208)

Net Company Growth

  1. Annual Data (2010)

    A total of -202 companies were removed to the company register for Aberdeen in 2010. This number represents decline of 17.2% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 151 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Aberdeen company register grew by 1,309 companies.

    YearAberdeenUK
    2010-20258,126
    2009-353-171,098
    2008425111,302
    20071,309237,354
    20061,163205,274
    Record Year2007 (1,309)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Aberdeen decreased by 168 companies.

    Half Year (Jul-Dec)AberdeenUK
    2010-16832,008
    2009-108-63,883
    Record Year2006 (514)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Aberdeen during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -103 companies.

    fourth quarter (Oct 2010 - Dec 2010)AberdeenUK
    2010-10318,221
    2009-60847
    Record Year 2006 (316) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-5545-93
    Net growth in 2009-49-2413
    Record Year2006 (264)2001 (87)2003 (149)

UK Company Share

  1. Annual Data (2010)

    In 2010 Aberdeen formed 0.4% of all UK companies. This is an improvement on 2009 when Aberdeen was responsible for 0.3% of all UK companies.

    YearAberdeen
    20100.4%
    20090.3%
    20080.4%
    20070.5%
    20060.5%
    Record Year (since 1960)1990 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

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

    Half Year (Jul-Dec)Aberdeen
    20100.4%
    20090.3%
    20080.4%
    20070.4%
    20060.5%
    Record Year (since 1960) 1989 (0.8%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Aberdeen
    20100.4%
    20090.3%
    20080.4%
    20070.4%
    20060.5%
    Record Year (since 1960) 1988 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.3%0.4%0.4%
    UK formation share in 20090.3%0.3%0.3%
    % change13.8%29.1%33.4%
    Record Year1985 (1.4%)1990 (1.0%)1988 (1.0%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.4.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 42.9.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.2.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Aberdeen was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Aberdeen in 2010 was 25.5%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Aberdeen was 1860 when 42.9% of all directors were female.

    28.0% of all director appointments in Aberdeen in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Aberdeen was in 1977 when 31.1% of all directors were female.

    26.0% of all director appointments in Aberdeen in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    ENGINEERING4.95%CONSULTING5.06%
    ABERDEEN2.75%MANAGEMENT5.01%
    (ABERDEEN)1.91%CONSULTANCY3.14%
    CONSULTING1.91%PROPERTY2.36%
    CONSULTANCY1.63%TRADING2.11%
    CONSULTANTS1.63%ASSOCIATES1.95%
    MANAGEMENT1.63%DESIGN1.92%
    ENERGY1.59%BUSINESS1.82%
    DESIGN1.40%CONSTRUCTION1.82%
    SUBSEA1.35%CONSULTANTS1.76%
    (SCOTLAND)1.07%MEDIA1.71%
    SCOTLAND0.93%ENGINEERING1.62%
    OFFSHORE0.79%LONDON1.60%
    MOUNTWEST0.70%CARE1.45%
    MARINE0.70%INVESTMENTS1.44%
    ENTERPRISES0.65%GLOBAL1.43%
    CONSTRUCTION0.65%J1.42%
    S0.65%IT1.41%
    PROPERTY0.65%PROPERTIES1.34%
    INSPECTION0.61%INTERNATIONAL1.34%
    GLOBAL0.61%BUILDING1.34%
    PROJECT0.61%M1.30%
    DRILLING0.56%ELECTRICAL1.25%
    G0.56%SYSTEMS1.24%
    ASSOCIATES0.51%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied580199,572
    7487 - Other business activities36863,348
    82990 - Other business support service activities not elsewhere classified27127,550
    74909 - Other professional, scientific and technical activities not elsewhere classified1237,088
    7414 - Business & management consultancy6613,474
    70229 - Management consultancy activities other than financial management5714,505
    09100 - Support activities for petroleum and natural gas extraction50306
    96090 - Other service activities not elsewhere classified428,799
    1120 - Services to oil and gas extraction41263
    71129 - Other engineering activities391,513
    9305 - Other service activities348,858
    9999 - Dormant Company3020,144
    74990 - Non-trading company288,243
    5530 - Restaurants264,939
    06100 - Extraction of crude petroleum24185
    99999 - Dormant Company2316,285
    62020 - Information technology consultancy activities229,177
    7499 - Non-trading company2012,000
    71122 - Engineering related scientific and technical consulting activities19673
    68209 - Other letting and operating of own or leased real estate173,755

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC388055 SAYLES CONSULTANCY LIMITED 02 Nov 2010
    SC388267 EG & HG CONSULTING LIMITED 04 Nov 2010
    SC388280 KYROGEN LIMITED 05 Nov 2010
    SC388340 A C SKYE LIMITED 05 Nov 2010
    SC389114 BREWDOG BARS LIMITED 18 Nov 2010
    SC389272 AGRO ENERGY, FISH AND FOOD LIMITED 22 Nov 2010
    SC389341 MOUNTWEST ACCUMULATE LIMITED 23 Nov 2010
    SC389346 WOMEN FOR CHANGE INITIATIVE (NIGERIA) SCOTLAND CHAPTER 23 Nov 2010
    SC389348 MOUNTWEST ACHIEVE LIMITED 23 Nov 2010
    SC389349 MOUNTWEST ACCURACY LIMITED 23 Nov 2010
    SC389599 OASIS CHURCH OF THE NATIONS 26 Nov 2010
    SC389711 A1 AQUATICS LIMITED 30 Nov 2010
    SC388153 CONTRACTS COMPLIANCE LIMITED 03 Nov 2010
    SC388252 TRINOMIAL SOLUTIONS LTD 04 Nov 2010
    SC388508 EAGLE & THISTLE LIMITED 09 Nov 2010
    SC389022 CLARKES ACCESS SERVICES LTD 17 Nov 2010
    SC389245 COWLEY INSPECTION SERVICES LTD 22 Nov 2010
    SC389377 D WILSON LIMITED 23 Nov 2010
    SC389429 FIT BIKE LTD 24 Nov 2010
    SC389510 UPPER ENGINEERING LIMITED 25 Nov 2010
    SC389707 GOLDDIGGA GEOSCIENCE LTD 30 Nov 2010
    SC388719 FOUNTAIN HALL LIMITED 12 Nov 2010
    SC389207 RECOGNITION PROCESS ENGINEERING SERVICES LTD 22 Nov 2010
    SC388254 CRYSTALEC LTD 04 Nov 2010
    SC387964 ARDO INVESTMENTS LIMITED 01 Nov 2010