Aberdeen, Aberdeenshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Aberdeen when compared to any previous Q1.

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 2014)

    Q1 2014 saw a new record in company registrations in Aberdeen when compared to any previous Q1.

    A total of 568 companies were registered in Aberdeen during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 2.0% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)AberdeenUK
    2014568150,722
    2013557134,802
    % change2.0%11.8%
    Record Year 2014 (568) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014189208171
    New companies in 2013157171229
    % change20.4%21.6%-25.3%
    Record Year2006 (199)2012 (217)2001 (275)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 319 companies were dissolved in Aberdeen during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 22.7% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)AberdeenUK
    201431982,370
    201326077,914
    % change22.7%5.7%
    Record Year 2012 (534) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 201411990110
    Closed companies in 20139860102
    % change21.4%50.0%8%
    Record Year2012 (287)2010 (163)2010 (207)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Aberdeen during the first quarter of 2014 (Jan 2014 - Mar 2014) was 249 companies.

    first quarter (Jan 2014 - Mar 2014)AberdeenUK
    201424968,352
    201329756,888
    Record Year 2006 (312) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20147011861
    Net growth in 201359111127
    Record Year2006 (152)2005 (142)2001 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Aberdeen formed 0.4% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Aberdeen
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1992 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.4%0.4%0.3%
    UK formation share in 20130.4%0.4%0.5%
    % change12.7%12.3%-37.7%
    Record Year1991 (1.1%)1990 (1.2%)2001 (1.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 45.2.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Aberdeen was in 2008 when 29.3% of all directors were female.

    23.3% of all director appointments in Aberdeen in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    ENGINEERING4.42%CONSULTING5.22%
    LP4.10%MANAGEMENT4.67%
    ABERDEEN2.82%CONSULTANCY3.49%
    CONSULTING2.14%PROPERTY2.64%
    ENERGY1.64%TRADING2.05%
    MANAGEMENT1.64%LONDON1.88%
    (ABERDEEN)1.57%ENGINEERING1.86%
    CONSULTANTS1.53%CARE1.79%
    CONSULTANCY1.43%CONSTRUCTION1.75%
    DESIGN1.25%DESIGN1.75%
    GLOBAL1.18%CONSULTANTS1.73%
    SUBSEA1.18%BUSINESS1.71%
    PROJECT1.07%PROPERTIES1.60%
    OIL1.00%INVESTMENTS1.60%
    (SCOTLAND)0.78%GLOBAL1.58%
    OFFSHORE0.75%J1.48%
    PROPERTIES0.75%ASSOCIATES1.48%
    PROPERTY0.68%MEDIA1.48%
    GAS0.68%IT1.33%
    LOGISTICS0.68%TRANSPORT1.30%
    ENTERPRISES0.57%DEVELOPMENTS1.29%
    INVESTMENTS0.57%BUILDING1.24%
    SAFETY0.53%M1.21%
    MARINE0.53%CAPITAL1.20%
    SCOTLAND0.53%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied795280,210
    82990 - Other business support service activities not elsewhere classified54556,411
    74909 - Other professional, scientific and technical activities not elsewhere classified38018,491
    71129 - Other engineering activities2805,477
    70229 - Management consultancy activities other than financial management27137,882
    96090 - Other service activities not elsewhere classified19726,700
    09100 - Support activities for petroleum and natural gas extraction119956
    71122 - Engineering related scientific and technical consulting activities923,022
    99999 - Dormant Company8347,084
    62020 - Information technology consultancy activities7027,750
    06100 - Extraction of crude petroleum54478
    74990 - Non-trading company5114,135
    71121 - Engineering design activities for industrial process and production461,443
    68209 - Other letting and operating of own or leased real estate379,284
    41100 - Development of building projects339,855
    56103 - Take-away food shops and mobile food stands327,300
    56101 - Licensed restaurants277,965
    96020 - Hairdressing and other beauty treatment246,236
    62090 - Other information technology service activities2412,813
    62012 - Business and domestic software development229,509

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC468862 OLDMELDRUM PROPERTIES LIMITED 03 Feb 2014
    SC469053 LEEMOSS LIMITED 04 Feb 2014
    SC469248 SATELLITE TECH SERVICES LIMITED 06 Feb 2014
    SC470070 RAMCO PIPETECH LIMITED 17 Feb 2014
    SC470145 STRATEGIC DECOMMISSIONING CONSULTANTS LTD 17 Feb 2014
    SC470470 THE OM EXISTENCE LTD 20 Feb 2014
    SC470524 HELIX SUBSEA LIMITED 20 Feb 2014
    SC470640 SHIPBROKERS ONLINE LTD 21 Feb 2014
    SC470682 ULLAPOOL LAUNDRY LIMITED 21 Feb 2014
    SC470752 CALEY MARITIME LIMITED 24 Feb 2014
    SC471266 SARGSYAN, SANDBERG AND SILVERMAN LIMITED 28 Feb 2014
    SO304762 J CHARLES SUSTAINABLE SEAFOODS LLP 03 Feb 2014
    SC469241 SOUTHERN CROSS NDT LTD 05 Feb 2014
    SL015596 EKKOFIN LP 05 Feb 2014
    SC469654 DANBOG LTD 11 Feb 2014
    SC469675 G-NET IT SERVICES LIMITED 11 Feb 2014
    SC469862 MCNEE MANAGEMENT LIMITED 13 Feb 2014
    SC469939 SENTINEL RANGER LIMITED 13 Feb 2014
    SC470259 P3L FUSION LIMITED 18 Feb 2014
    SC470306 HAZELHEAD CONSTRUCTION LIMITED 18 Feb 2014
    SC470560 CARNEGIE KNOX (SCOTLAND) LTD 20 Feb 2014
    SL015805 BELGICA INTER LP 24 Feb 2014
    SL015809 GENEVE & ZURICH LP 24 Feb 2014
    SC469061 WHITES COACHING LTD 04 Feb 2014
    SC469631 ROSSENHANCE SERVICES LIMITED 11 Feb 2014