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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
    SC391124 KENCHI CO LIMITED 07 Jan 2011
    SC391565 ACAMUSPRO LIMITED 14 Jan 2011
    SC391701 DIVER ENGINEERING LIMITED 18 Jan 2011
    SC391753 SONDER PKFR LIMITED 18 Jan 2011
    SC391760 REVIVE CATERING CONTRACT MANAGEMENT LIMITED 18 Jan 2011
    SC391766 SCIMITAR PFS LIMITED 18 Jan 2011
    SC392498 NASON HOLDINGS LIMITED 31 Jan 2011
    SC392499 UPB (HOLDINGS) LIMITED 31 Jan 2011
    SC390991 SUNNYS ABERDEEN LIMITED 05 Jan 2011
    SC391007 SUBSEA IQ LTD 05 Jan 2011
    SC391693 EPLER PUBLISHING LTD 18 Jan 2011
    SC391699 KINNEFF RESOURCES LTD 18 Jan 2011
    SC391741 LA ROBERTO LTD 18 Jan 2011
    SC392034 ERM CONSULTANTS LIMITED 24 Jan 2011
    SC392264 AVICENNA INTEGRITY LTD 26 Jan 2011
    SC392266 STILLITS LIMITED 26 Jan 2011
    SC392337 ROOPS ENTERPRISES LIMITED 27 Jan 2011
    SC391276 ARTICULATE ENERGY LIMITED 11 Jan 2011
    SC391364 NOISETTE TRADING LIMITED 12 Jan 2011
    SC391409 NOTA BENE SOLUTIONS LTD. 12 Jan 2011
    SC391664 HELIUS FINANCIAL SOFTWARE LIMITED 17 Jan 2011
    SC392451 RMD SUBSEA ENGINEERING LIMITED 28 Jan 2011
    SC392534 SCG COMPANY (COVE) LIMITED 31 Jan 2011
    SC392535 ANDALL ENGINEERING (ABERDEEN) LIMITED 31 Jan 2011
    SC392250 PETROSHE SOLUTIONS LTD 26 Jan 2011