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Aberdeen, Aberdeenshire

Q1 2011 Business Confidence Report

Headlines

  • January 2011 saw a new record in company closures in Aberdeen when compared to any previous January.

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 (Q1 Jan-Mar 2011)

    A total of 473 companies were registered in Aberdeen during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 9.2% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)AberdeenUK
    2011473116,391
    2010433105,137
    % change9.2%10.7%
    Record Year 2006 (499) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011136133204
    New companies in 2010119139175
    % change14.3%-4.3%16.6%
    Record Year2006 (199)2005 (198)2001 (275)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 338 companies were dissolved in Aberdeen during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 27.8% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)AberdeenUK
    201133890,986
    201046882,677
    % change-27.8%10.0%
    Record Year 2010 (468) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Aberdeen when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20111578695
    Closed companies in 201098163207
    % change60.2%-47.2%-54%
    Record Year2011 (157)2010 (163)2010 (207)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Aberdeen during the first quarter of 2011 (Jan 2011 - Mar 2011) was 135 companies.

    first quarter (Jan 2011 - Mar 2011)AberdeenUK
    201113525,405
    2010-3522,460
    Record Year 2006 (312) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-2147109
    Net growth in 201021-24-32
    Record Year2006 (152)2005 (142)2001 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Aberdeen formed 0.4% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Aberdeen
    20110.4%
    20100.4%
    20090.3%
    20080.4%
    20070.3%
    Record Year (since 1960) 1992 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.4%0.4%0.5%
    UK formation share in 20100.4%0.4%0.4%
    % change-1.4%-15.8%11.2%
    Record Year1991 (1.1%)1990 (1.2%)1979 (5.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.4.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    22.2% of all director appointments in Aberdeen in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    ENGINEERING5.04%CONSULTING5.04%
    ABERDEEN2.75%MANAGEMENT4.97%
    CONSULTING2.03%CONSULTANCY3.16%
    (ABERDEEN)1.89%PROPERTY2.38%
    CONSULTANTS1.80%TRADING2.10%
    SUBSEA1.62%DESIGN1.93%
    CONSULTANCY1.58%ASSOCIATES1.92%
    MANAGEMENT1.53%BUSINESS1.87%
    ENERGY1.44%CONSTRUCTION1.80%
    DESIGN1.40%CONSULTANTS1.76%
    (SCOTLAND)0.90%MEDIA1.69%
    OFFSHORE0.90%ENGINEERING1.61%
    PROJECT0.77%LONDON1.60%
    SCOTLAND0.72%CARE1.45%
    ENTERPRISES0.68%J1.45%
    MARINE0.68%GLOBAL1.44%
    OIL0.68%INVESTMENTS1.43%
    S0.63%IT1.41%
    DRILLING0.59%PROPERTIES1.36%
    GAS0.59%BUILDING1.34%
    GLOBAL0.59%M1.30%
    INSPECTION0.59%ELECTRICAL1.28%
    J0.54%S1.24%
    G0.54%INTERNATIONAL1.23%
    PROPERTY0.54%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied589202,798
    7487 - Other business activities36160,968
    82990 - Other business support service activities not elsewhere classified30230,253
    74909 - Other professional, scientific and technical activities not elsewhere classified1437,788
    70229 - Management consultancy activities other than financial management6716,150
    7414 - Business & management consultancy6512,916
    96090 - Other service activities not elsewhere classified5210,085
    09100 - Support activities for petroleum and natural gas extraction51312
    71129 - Other engineering activities461,590
    1120 - Services to oil and gas extraction39250
    9305 - Other service activities378,740
    5530 - Restaurants304,898
    9999 - Dormant Company3019,765
    74990 - Non-trading company298,695
    62020 - Information technology consultancy activities2210,246
    99999 - Dormant Company2218,336
    7499 - Non-trading company2111,316
    06100 - Extraction of crude petroleum20177
    71121 - Engineering design activities for industrial process and production17382
    68209 - Other letting and operating of own or leased real estate173,895

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC394678 DRILLING CONNECTION LTD 03 Mar 2011
    SC395287 INNOCENCE CHILDRENSWEAR LIMITED 11 Mar 2011
    SC395411 HOLK SERVICES LIMITED 14 Mar 2011
    SC395790 LITTLEJOHN PUB CO LTD 18 Mar 2011
    SC395887 MATERIAL SPECIALISTS LTD 21 Mar 2011
    SC396024 SILVER SHELF CONSULTANCY LTD. 22 Mar 2011
    SC396029 HOSPITALITY ABERDEEN PROPERTY LIMITED 22 Mar 2011
    SC396219 DUFFSTAR BREWING LIMITED 24 Mar 2011
    SC396390 ARCADY LIMITED 28 Mar 2011
    SC396605 RUBISLAW LIMITED 29 Mar 2011
    SC394475 XFLY MEDIA LTD 01 Mar 2011
    SC394674 R AND D BUILDING CONTRACTORS LTD 03 Mar 2011
    SC394705 CREAAM LIMITED 03 Mar 2011
    SC394796 R.F. OFFSHORE MECHANICAL LIMITED 04 Mar 2011
    SC395072 SALTIRE UNI PROMOTIONS LTD 09 Mar 2011
    SC395467 ABERDEEN ADVERTISER LTD 14 Mar 2011
    SC395598 ABERDEEN COMPUTER SERVICES 2011 LIMITED 16 Mar 2011
    SC395786 DT SUBSEA LIMITED 18 Mar 2011
    SC396100 INDURC LIMITED 23 Mar 2011
    SC396313 CTE SOLUTIONS LIMITED 25 Mar 2011
    SC396365 SMT OPERATIONS LIMITED 25 Mar 2011
    SC396409 ECO IMMIGRATION VISA EXPERT LIMITED 28 Mar 2011
    SC394931 BUTCH ONE LIMITED 07 Mar 2011
    SC396028 WILSON INSPECTION LIMITED 22 Mar 2011
    SC396030 SAFETYGRIP SOLUTIONS LTD 22 Mar 2011