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
New Company Registrations
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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) Aberdeen UK 2014 568 150,722 2013 557 134,802 % change 2.0% 11.8% Record Year 2014 (568) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 189 208 171 New companies in 2013 157 171 229 % change 20.4% 21.6% -25.3% Record Year 2006 (199) 2012 (217) 2001 (275)
Closed Companies (dissolved)
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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) Aberdeen UK 2014 319 82,370 2013 260 77,914 % change 22.7% 5.7% Record Year 2012 (534) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 119 90 110 Closed companies in 2013 98 60 102 % change 21.4% 50.0% 8% Record Year 2012 (287) 2010 (163) 2010 (207)
Net Company Growth
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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) Aberdeen UK 2014 249 68,352 2013 297 56,888 Record Year 2006 (312) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 70 118 61 Net growth in 2013 59 111 127 Record Year 2006 (152) 2005 (142) 2001 (202)
UK Company Share
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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 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1992 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.4% 0.4% 0.3% UK formation share in 2013 0.4% 0.4% 0.5% % change 12.7% 12.3% -37.7% Record Year 1991 (1.1%) 1990 (1.2%) 2001 (1.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 4.42% CONSULTING 5.22% LP 4.10% MANAGEMENT 4.67% ABERDEEN 2.82% CONSULTANCY 3.49% CONSULTING 2.14% PROPERTY 2.64% ENERGY 1.64% TRADING 2.05% MANAGEMENT 1.64% LONDON 1.88% (ABERDEEN) 1.57% ENGINEERING 1.86% CONSULTANTS 1.53% CARE 1.79% CONSULTANCY 1.43% CONSTRUCTION 1.75% DESIGN 1.25% DESIGN 1.75% GLOBAL 1.18% CONSULTANTS 1.73% SUBSEA 1.18% BUSINESS 1.71% PROJECT 1.07% PROPERTIES 1.60% OIL 1.00% INVESTMENTS 1.60% (SCOTLAND) 0.78% GLOBAL 1.58% OFFSHORE 0.75% J 1.48% PROPERTIES 0.75% ASSOCIATES 1.48% PROPERTY 0.68% MEDIA 1.48% GAS 0.68% IT 1.33% LOGISTICS 0.68% TRANSPORT 1.30% ENTERPRISES 0.57% DEVELOPMENTS 1.29% INVESTMENTS 0.57% BUILDING 1.24% SAFETY 0.53% M 1.21% MARINE 0.53% CAPITAL 1.20% SCOTLAND 0.53% ELECTRICAL 1.19%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 795 280,210 82990 - Other business support service activities not elsewhere classified 545 56,411 74909 - Other professional, scientific and technical activities not elsewhere classified 380 18,491 71129 - Other engineering activities 280 5,477 70229 - Management consultancy activities other than financial management 271 37,882 96090 - Other service activities not elsewhere classified 197 26,700 09100 - Support activities for petroleum and natural gas extraction 119 956 71122 - Engineering related scientific and technical consulting activities 92 3,022 99999 - Dormant Company 83 47,084 62020 - Information technology consultancy activities 70 27,750 06100 - Extraction of crude petroleum 54 478 74990 - Non-trading company 51 14,135 71121 - Engineering design activities for industrial process and production 46 1,443 68209 - Other letting and operating of own or leased real estate 37 9,284 41100 - Development of building projects 33 9,855 56103 - Take-away food shops and mobile food stands 32 7,300 56101 - Licensed restaurants 27 7,965 96020 - Hairdressing and other beauty treatment 24 6,236 62090 - Other information technology service activities 24 12,813 62012 - Business and domestic software development 22 9,509
Recent Companies
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Randomly selected companies from this quarter
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