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

  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. 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)AberdeenUK
    20141,076300,731
    20131,124269,432
    % change-4.3%11.6%
    Record Year2007 (1,449)2014 (300,731)
    New Companies by Half Year
  2. 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)AberdeenUK
    2014508150,009
    2013567134,630
    % change-10.4%11.4%
    Record Year 2007 (985) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 2014181168159
    New companies in 2013213196158
    % change-15.0%-14.3%0.6%
    Record Year2007 (320)2007 (344)2007 (321)

Closed Companies (dissolved)

  1. 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)AberdeenUK
    2014681177,207
    2013565155,192
    % change20.5%14.2%
    Record Year2010 (893)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)AberdeenUK
    201436294,837
    201330577,278
    % change18.7%22.7%
    Record Year 2009 (550) 2009 (181,179)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2014113130119
    Closed companies in 20139313280
    % change21.5%-1.5%49%
    Record Year2014 (113)2009 (373)2009 (165)

Net Company Growth

  1. 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)AberdeenUK
    2014395123,524
    2013559114,240
    Record Year2007 (1,059)2007 (171,296)
    Net Growth by Half Year
  2. 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)AberdeenUK
    201414655,172
    201326257,352
    Record Year 2007 (805) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014683840
    Net growth in 20131206478
    Record Year2007 (285)2007 (285)2007 (235)

UK Company Share

  1. 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
    20140.4%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1990 (0.9%)
    Company Share by Half Year
  2. 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
    20140.3%
    20130.4%
    20120.4%
    20110.5%
    20100.4%
    Record Year (since 1960) 1990 (1.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.4%0.4%0.4%
    % change-23.3%-20.9%-12.8%
    Record Year1990 (1.0%)2007 (0.9%)1990 (1.0%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    ENGINEERING3.71%CONSULTING5.16%
    LP3.28%MANAGEMENT4.64%
    ABERDEEN2.52%CONSULTANCY3.50%
    CONSULTING2.09%PROPERTY2.66%
    MANAGEMENT2.05%TRADING2.03%
    (ABERDEEN)1.48%ENGINEERING1.99%
    CONSULTANCY1.44%CONSTRUCTION1.93%
    ENERGY1.44%LONDON1.93%
    CONSULTANTS1.41%CARE1.85%
    PROJECT1.23%DESIGN1.75%
    SUBSEA1.19%CONSULTANTS1.73%
    GLOBAL1.12%BUSINESS1.69%
    OFFSHORE0.90%PROPERTIES1.63%
    OIL0.90%TRANSPORT1.58%
    PROPERTIES0.87%GLOBAL1.55%
    (SCOTLAND)0.87%INVESTMENTS1.55%
    DESIGN0.87%J1.51%
    PROPERTY0.79%ASSOCIATES1.48%
    INSPECTION0.72%MEDIA1.44%
    INVESTMENTS0.65%ELECTRICAL1.40%
    ENTERPRISES0.61%IT1.33%
    GAS0.58%DEVELOPMENTS1.33%
    LOGISTICS0.58%BUILDING1.26%
    HOLDINGS0.58%M1.24%
    ASSOCIATES0.58%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied743261,557
    82990 - Other business support service activities not elsewhere classified52457,421
    74909 - Other professional, scientific and technical activities not elsewhere classified38019,058
    70229 - Management consultancy activities other than financial management30640,250
    71129 - Other engineering activities3045,787
    96090 - Other service activities not elsewhere classified17428,352
    09100 - Support activities for petroleum and natural gas extraction1231,017
    71122 - Engineering related scientific and technical consulting activities1023,165
    99999 - Dormant Company8748,436
    62020 - Information technology consultancy activities7729,029
    74990 - Non-trading company5514,351
    06100 - Extraction of crude petroleum53515
    71121 - Engineering design activities for industrial process and production411,552
    68209 - Other letting and operating of own or leased real estate4010,133
    41100 - Development of building projects3610,527
    56103 - Take-away food shops and mobile food stands357,840
    56101 - Licensed restaurants318,585
    62090 - Other information technology service activities2313,024
    96020 - Hairdressing and other beauty treatment236,631
    70100 - Activities of head offices214,152

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC476645 HIAN THAI LIMITED 01 May 2014
    SC477382 CAL SF LIMITED 12 May 2014
    SC477543 FWHH LIMITED 13 May 2014
    SC477650 AIPHOS RECORDS MANAGEMENT LIMITED 14 May 2014
    SC478101 MARACQ LIMITED 21 May 2014
    SC478138 RISER TECH LIMITED 21 May 2014
    SC478420 CITILETS LTD 27 May 2014
    SC478790 COWIE CARPETS ABERDEEN LTD 30 May 2014
    SC476842 ABERDEEN MECH TECH SERVICES LTD 06 May 2014
    SC477065 ART WEST CONSULTING LTD. 08 May 2014
    SC477696 CLON LIMITED 15 May 2014
    SC477840 HVO PROPERTY INVESTMENTS LIMITED 16 May 2014
    SC478275 MALIN SOLUTIONS LTD 23 May 2014
    SC478891 EUROBLOCK SECURITY CUBE BARRIER LIMITED 30 May 2014
    SC476608 PURE SCOTTISH LIMITED 01 May 2014
    SC477922 O&G MAINTENANCE MANAGEMENT LTD 20 May 2014
    SC477985 PROSQUIP LIMITED 20 May 2014
    SC478379 INERTIA PERSONAL TRAINING LIMITED 27 May 2014
    SC478418 A.R.F JOINERY LIMITED 27 May 2014
    SC478543 QUIXOTE ASSOCIATES LIMITED 27 May 2014
    SC478615 INVECLEAN LIMITED 28 May 2014
    SC476915 DRILLING MANAGEMENT LTD 06 May 2014
    SC476969 PRACTECOLOGY LIMITED 07 May 2014
    SC477185 VPHL MANAGEMENT INVESTMENT LIMITED 08 May 2014
    SC477609 BEYOND COMMERCIAL LEGAL & STRATEGY LTD 14 May 2014