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Aberdeen, Aberdeenshire

2011 Annual Business Confidence Report

Headlines

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

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 (2011)

    A total of 1,858 companies were formed in Aberdeen in 2011. This total is 16.7% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearAberdeenUK
    20111,858452,870
    20101,592400,358
    20091,175362,675
    20081,376349,203
    20072,079457,649
    Record Year2007 (2,079)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 875 companies were formed in Aberdeen. This figure is 19.4% higher than last year, which compares well to the UK wide figure of 14.0%.

    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
    2011875224,135
    2010733196,609
    % change19.4%14.0%
    Record Year2006 (898)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 417 companies were registered in Aberdeen during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 11.2% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)AberdeenUK
    2011417109,623
    201037595,117
    % change11.2%15.3%
    Record Year 2006 (510) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in company registrations in Aberdeen when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011152164101
    New companies in 2010117143115
    % change29.9%14.7%-12.2%
    Record Year2006 (328)2011 (164)2003 (183)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 1,450 companies were dissolved in Aberdeen in 2011. This total is 19.2% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearAberdeenUK
    20111,450314,523
    20101,794342,232
    20091,528533,773
    2008951237,901
    2007770220,295
    Record Year2010 (1,794)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 811 companies were dissolved in Aberdeen. This figure is 10.0% lower than last year, which compares well to the UK wide change of -7.5%.

    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
    2011811152,213
    2010901164,601
    % change-10.0%-7.5%
    Record Year2010 (901)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 434 companies were dissolved in Aberdeen during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 9.2% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)AberdeenUK
    201143479,983
    201047876,896
    % change-9.2%4.0%
    Record Year 2010 (478) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011107171156
    Closed companies in 201017298208
    % change-37.8%74.5%-25%
    Record Year2008 (375)2011 (171)2010 (208)

Net Company Growth

  1. Annual Data (2011)

    A total of 408 companies were added to the company register for Aberdeen in 2011. This number represents growth of 25.6% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 610 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
    2011408138,347
    2010-20258,126
    2009-353-171,098
    2008425111,302
    20071,309237,354
    Record Year2007 (1,309)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Aberdeen increased by 64 companies.

    Half Year (Jul-Dec)AberdeenUK
    20116471,922
    2010-16832,008
    Record Year2006 (514)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Aberdeen during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was -17 companies.

    fourth quarter (Oct 2011 - Dec 2011)AberdeenUK
    2011-1729,640
    2010-10318,221
    Record Year 2006 (316) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201145-7-55
    Net growth in 2010-5545-93
    Record Year2006 (264)2001 (87)2003 (149)

UK Company Share

  1. Annual Data (2011)

    In 2011 Aberdeen formed 0.4% of all UK companies. This is no change on 2010 when Aberdeen was responsible for 0.4% of all UK companies.

    YearAberdeen
    20110.4%
    20100.4%
    20090.3%
    20080.4%
    20070.5%
    Record Year (since 1960)1990 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Aberdeen formed 0.4% of all UK companies. This is the same as the 2010 figure of 0.4%.

    Half Year (Jul-Dec)Aberdeen
    20110.4%
    20100.4%
    20090.3%
    20080.4%
    20070.4%
    Record Year (since 1960) 1989 (0.8%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Aberdeen
    20110.4%
    20100.4%
    20090.3%
    20080.4%
    20070.4%
    Record Year (since 1960) 1988 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.4%0.4%0.3%
    UK formation share in 20100.3%0.4%0.4%
    % change12.9%-2.3%-22.1%
    Record Year1985 (1.4%)1990 (1.0%)1988 (1.0%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 42.4.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 41.8.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 42.0.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 26.5%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

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

    23.5% of all director appointments in Aberdeen in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    21.0% of all director appointments in Aberdeen in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    ENGINEERING6.27%CONSULTING5.07%
    ABERDEEN2.34%MANAGEMENT4.74%
    DESIGN2.17%CONSULTANCY3.26%
    CONSULTING1.93%PROPERTY2.37%
    CONSULTANCY1.93%TRADING2.07%
    SUBSEA1.76%DESIGN1.92%
    ENERGY1.64%ASSOCIATES1.86%
    CONSULTANTS1.56%ENGINEERING1.78%
    (ABERDEEN)1.43%BUSINESS1.78%
    MANAGEMENT1.43%CONSULTANTS1.76%
    OIL0.98%CONSTRUCTION1.73%
    OFFSHORE0.86%MEDIA1.71%
    PROJECT0.86%LONDON1.63%
    PROPERTY0.70%J1.51%
    DRILLING0.70%INVESTMENTS1.48%
    GAS0.66%GLOBAL1.46%
    PLANNING0.66%IT1.41%
    PROPERTIES0.66%CARE1.39%
    GLOBAL0.53%PROPERTIES1.29%
    TRADING0.53%ELECTRICAL1.29%
    INSPECTION0.53%M1.27%
    SYSTEMS0.49%BUILDING1.26%
    (SCOTLAND)0.49%ENERGY1.25%
    TECHNOLOGY0.49%S1.20%
    RESOURCES0.49%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied606205,525
    7487 - Other business activities32057,052
    82990 - Other business support service activities not elsewhere classified31232,483
    74909 - Other professional, scientific and technical activities not elsewhere classified1738,671
    70229 - Management consultancy activities other than financial management8517,765
    96090 - Other service activities not elsewhere classified8211,768
    71129 - Other engineering activities631,823
    7414 - Business & management consultancy5613,034
    09100 - Support activities for petroleum and natural gas extraction49268
    9999 - Dormant Company4020,199
    74990 - Non-trading company378,929
    9305 - Other service activities329,492
    1120 - Services to oil and gas extraction31193
    62020 - Information technology consultancy activities3012,072
    99999 - Dormant Company2821,846
    71122 - Engineering related scientific and technical consulting activities27812
    5530 - Restaurants255,013
    56101 - Licensed restaurants202,159
    68209 - Other letting and operating of own or leased real estate174,082
    62090 - Other information technology service activities177,493

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SO303581 WEST COAST (CAUSEWAYSIDE) LLP 03 Oct 2011
    SC408930 PIPING ARTS LIMITED 07 Oct 2011
    SC409028 SRW DESIGN LTD. 10 Oct 2011
    SC409206 BRECAL LTD. 11 Oct 2011
    SC409406 MACDONALD FARMING SERVICES 2011 LIMITED 14 Oct 2011
    SC409508 PACIFIC SHELF 1679 LIMITED 17 Oct 2011
    SC409509 PACIFIC SHELF 1680 LIMITED 17 Oct 2011
    SC409559 VARST ENERGY LIMITED 17 Oct 2011
    SC409953 THE OPEN DOOR GALLERY LIMITED 25 Oct 2011
    SC408617 IMAJICA BRAND EVOLUTION LIMITED 03 Oct 2011
    SC409198 ARDO RENEWABLE ENERGY LIMITED 11 Oct 2011
    SC409348 PEGASUS HSSE CONSULTANCY LTD 13 Oct 2011
    SC410000 PANGAEA GEOLOGICAL CONSULTING LIMITED 25 Oct 2011
    SC410065 SC PROJECT CONTROLS LTD 26 Oct 2011
    SC410176 SHRISRI ENGINEERING LTD 28 Oct 2011
    SC410299 GGS FABRICATION SERVICES LIMITED 31 Oct 2011
    SC410320 INNPACT SOLUTIONS LTD 31 Oct 2011
    SC408549 DCC SPENCE LIMITED 03 Oct 2011
    SC408920 ABZ FLOORING LTD 07 Oct 2011
    SC409544 INTEGRATED OFFICE SERVICES LIMITED 17 Oct 2011
    SC409797 PCB JOINERY SERVICES LTD 21 Oct 2011
    SC408704 HDMD CONSULTANCY LTD. 04 Oct 2011
    SC409580 GA TAXIS LIMITED 18 Oct 2011
    SC409965 ROBERTSON DESIGN LIMITED 25 Oct 2011
    SC409973 KAZE MANAGEMENT SKILLS LTD 25 Oct 2011