Aberdeen, Aberdeenshire
2014 Half Year Business Confidence Report
Headlines
- April 2014 saw a new record in company closures in Aberdeen when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,076 companies were formed in Aberdeen. This figure is 4.3% lower than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Aberdeen occurred in 2007 when a total of 1,449 were formed.
Half Year (Jan-Jun) Aberdeen UK 2014 1,076 300,731 2013 1,124 269,432 % change -4.3% 11.6% Record Year 2007 (1,449) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 508 companies were registered in Aberdeen during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is a decrease of 10.4% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Aberdeen UK 2014 508 150,009 2013 567 134,630 % change -10.4% 11.4% Record Year 2007 (985) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 181 168 159 New companies in 2013 213 196 158 % change -15.0% -14.3% 0.6% Record Year 2007 (320) 2007 (344) 2007 (321)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 681 companies were dissolved in Aberdeen. This figure is 20.5% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Aberdeen occurred in 2010 when a total of 893 were closed.
Half Year (Jan-Jun) Aberdeen UK 2014 681 177,207 2013 565 155,192 % change 20.5% 14.2% Record Year 2010 (893) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 362 companies were dissolved in Aberdeen during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 18.7% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Aberdeen UK 2014 362 94,837 2013 305 77,278 % change 18.7% 22.7% Record Year 2009 (550) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in company closures in Aberdeen when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2014 113 130 119 Closed companies in 2013 93 132 80 % change 21.5% -1.5% 49% Record Year 2014 (113) 2009 (373) 2009 (165)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Aberdeen increased by 395 companies.
Half Year (Jan-Jun) Aberdeen UK 2014 395 123,524 2013 559 114,240 Record Year 2007 (1,059) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Aberdeen during the second quarter of 2014 (Apr 2014 - Jun 2014) was 146 companies.
second quarter (Apr 2014 - Jun 2014) Aberdeen UK 2014 146 55,172 2013 262 57,352 Record Year 2007 (805) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 68 38 40 Net growth in 2013 120 64 78 Record Year 2007 (285) 2007 (285) 2007 (235)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Aberdeen formed 0.4% of all UK companies. This is the same as the 2013 figure of 0.4%.
Half Year (Jan-Jun) Aberdeen 2014 0.4% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1990 (0.9%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Aberdeen formed 0.3% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Aberdeen 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.4% Record Year (since 1960) 1990 (1.0%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.4% 0.4% 0.4% % change -23.3% -20.9% -12.8% Record Year 1990 (1.0%) 2007 (0.9%) 1990 (1.0%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 44.9.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 44.6.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Aberdeen was 2008 when 28.4% of all directors were female.
23.1% of all director appointments in Aberdeen in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Aberdeen was in 2008 when 27.3% of all directors were female.
23.0% of all director appointments in Aberdeen in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.71% CONSULTING 5.16% LP 3.28% MANAGEMENT 4.64% ABERDEEN 2.52% CONSULTANCY 3.50% CONSULTING 2.09% PROPERTY 2.66% MANAGEMENT 2.05% TRADING 2.03% (ABERDEEN) 1.48% ENGINEERING 1.99% CONSULTANCY 1.44% CONSTRUCTION 1.93% ENERGY 1.44% LONDON 1.93% CONSULTANTS 1.41% CARE 1.85% PROJECT 1.23% DESIGN 1.75% SUBSEA 1.19% CONSULTANTS 1.73% GLOBAL 1.12% BUSINESS 1.69% OFFSHORE 0.90% PROPERTIES 1.63% OIL 0.90% TRANSPORT 1.58% PROPERTIES 0.87% GLOBAL 1.55% (SCOTLAND) 0.87% INVESTMENTS 1.55% DESIGN 0.87% J 1.51% PROPERTY 0.79% ASSOCIATES 1.48% INSPECTION 0.72% MEDIA 1.44% INVESTMENTS 0.65% ELECTRICAL 1.40% ENTERPRISES 0.61% IT 1.33% GAS 0.58% DEVELOPMENTS 1.33% LOGISTICS 0.58% BUILDING 1.26% HOLDINGS 0.58% M 1.24% ASSOCIATES 0.58% CO., 1.20%
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 743 261,557 82990 - Other business support service activities not elsewhere classified 524 57,421 74909 - Other professional, scientific and technical activities not elsewhere classified 380 19,058 70229 - Management consultancy activities other than financial management 306 40,250 71129 - Other engineering activities 304 5,787 96090 - Other service activities not elsewhere classified 174 28,352 09100 - Support activities for petroleum and natural gas extraction 123 1,017 71122 - Engineering related scientific and technical consulting activities 102 3,165 99999 - Dormant Company 87 48,436 62020 - Information technology consultancy activities 77 29,029 74990 - Non-trading company 55 14,351 06100 - Extraction of crude petroleum 53 515 71121 - Engineering design activities for industrial process and production 41 1,552 68209 - Other letting and operating of own or leased real estate 40 10,133 41100 - Development of building projects 36 10,527 56103 - Take-away food shops and mobile food stands 35 7,840 56101 - Licensed restaurants 31 8,585 62090 - Other information technology service activities 23 13,024 96020 - Hairdressing and other beauty treatment 23 6,631 70100 - Activities of head offices 21 4,152
Recent Companies
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