Aberdeen, Aberdeenshire
2014 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2014)
A total of 1,865 companies were formed in Aberdeen in 2014. This total is 13.9% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Aberdeen UK 2014 1,865 582,051 2013 2,165 529,363 2012 1,975 491,893 2011 1,858 452,870 2010 1,592 400,358 Record Year 2013 (2,165) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 789 companies were formed in Aberdeen. This figure is 24.2% lower than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Aberdeen occurred in 2013 when a total of 1,041 were formed.
Half Year (Jul-Dec) Aberdeen UK 2014 789 281,320 2013 1,041 259,931 % change -24.2% 8.2% Record Year 2013 (1,041) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 375 companies were registered in Aberdeen during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 19.0% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Aberdeen UK 2014 375 137,906 2013 463 127,247 % change -19.0% 8.4% Record Year 2006 (510) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 142 126 107 New companies in 2013 179 163 121 % change -20.7% -22.7% -11.6% Record Year 2006 (328) 2012 (168) 2003 (183)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 1,311 companies were dissolved in Aberdeen in 2014. This total is 6.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Aberdeen UK 2014 1,311 367,937 2013 1,228 332,213 2012 1,482 293,729 2011 1,450 314,524 2010 1,794 342,233 Record Year 2010 (1,794) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 630 companies were dissolved in Aberdeen. This figure is 5.0% lower than last year, which compares well to the UK wide change of 7.7%.
The highest total for a second half year in Aberdeen occurred in 2010 when a total of 901 were closed.
Half Year (Jul-Dec) Aberdeen UK 2014 630 190,730 2013 663 177,021 % change -5.0% 7.7% Record Year 2010 (901) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 314 companies were dissolved in Aberdeen during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 3.4% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Aberdeen UK 2014 314 89,060 2013 325 90,851 % change -3.4% -2.0% Record Year 2010 (478) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 145 81 88 Closed companies in 2013 116 109 100 % change 25.0% -25.7% -12% Record Year 2008 (375) 2011 (171) 2010 (208)
Net Company Growth
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Annual Data (2014)
A total of 554 companies were added to the company register for Aberdeen in 2014. This number represents growth of 29.7% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 383 companies lower 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.
Year Aberdeen UK 2014 554 214,114 2013 937 197,150 2012 493 198,164 2011 408 138,346 2010 -202 58,125 Record Year 2007 (1,309) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Aberdeen increased by 159 companies.
Half Year (Jul-Dec) Aberdeen UK 2014 159 90,590 2013 378 82,910 Record Year 2006 (514) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Aberdeen during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 61 companies.
fourth quarter (Oct 2014 - Dec 2014) Aberdeen UK 2014 61 48,846 2013 138 36,396 Record Year 2006 (316) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 -3 45 19 Net growth in 2013 63 54 21 Record Year 2006 (264) 2001 (87) 2003 (149)
UK Company Share
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Annual Data (2014)
In 2014 Aberdeen formed 0.3% of all UK companies. This is a decline on 2013 when Aberdeen was responsible for 0.4% of all UK companies.
Year Aberdeen 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1990 (0.8%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Aberdeen formed 0.3% of all UK companies. This is less than the 2013 figure of 0.4%.
Half Year (Jul-Dec) Aberdeen 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1989 (0.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Aberdeen formed 0.3% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Aberdeen 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.4% 2010 0.4% Record Year (since 1960) 1988 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.4% 0.4% 0.4% % change -24.5% -26.6% -24.3% Record Year 1988 (1.0%) 1990 (1.0%) 1988 (1.0%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.7.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.4.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 44.8.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Aberdeen was 1975 when 100.0% of all directors were female.
The percentage of female directors in Aberdeen in 2014 was 22.7%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Aberdeen was 2007 when 43.8% of all directors were female.
22.1% of all director appointments in Aberdeen in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Aberdeen was in 2007 when 53.1% of all directors were female.
22.1% of all director appointments in Aberdeen in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.16% CONSULTING 5.22% ABERDEEN 2.25% MANAGEMENT 4.58% CONSULTING 1.74% CONSULTANCY 3.57% CONSULTANTS 1.66% PROPERTY 2.66% MANAGEMENT 1.62% CONSTRUCTION 2.12% (ABERDEEN) 1.42% ENGINEERING 2.10% SUBSEA 1.31% CARE 2.02% CONSULTANCY 1.19% TRADING 1.94% OIL 1.15% LONDON 1.93% ENERGY 1.07% TRANSPORT 1.93% PROJECT 1.03% DESIGN 1.66% PROPERTY 0.91% CONSULTANTS 1.64% PROPERTIES 0.91% ELECTRICAL 1.62% INSPECTION 0.87% PROPERTIES 1.62% OFFSHORE 0.87% BUSINESS 1.56% LP 0.79% J 1.54% GAS 0.71% CO., 1.50% GLOBAL 0.71% GLOBAL 1.49% DESIGN 0.71% INVESTMENTS 1.48% (SCOTLAND) 0.67% ASSOCIATES 1.47% ENTERPRISES 0.63% DEVELOPMENTS 1.35% INVESTMENTS 0.63% MEDIA 1.33% ASSOCIATES 0.55% IT 1.31% DRILLING 0.51% BUILDING 1.29% SAFETY 0.51% M 1.22%
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 823 265,608 82990 - Other business support service activities not elsewhere classified 509 58,068 74909 - Other professional, scientific and technical activities not elsewhere classified 384 19,049 70229 - Management consultancy activities other than financial management 316 42,290 71129 - Other engineering activities 302 6,132 96090 - Other service activities not elsewhere classified 129 29,009 09100 - Support activities for petroleum and natural gas extraction 121 1,077 71122 - Engineering related scientific and technical consulting activities 101 3,184 62020 - Information technology consultancy activities 85 30,178 99999 - Dormant Company 77 48,509 06100 - Extraction of crude petroleum 54 509 74990 - Non-trading company 47 13,984 68209 - Other letting and operating of own or leased real estate 45 11,212 56103 - Take-away food shops and mobile food stands 43 8,318 41100 - Development of building projects 37 11,397 56101 - Licensed restaurants 36 8,782 71121 - Engineering design activities for industrial process and production 35 1,600 96020 - Hairdressing and other beauty treatment 27 6,742 68100 - Buying and selling of own real estate 27 7,106 86230 - Dental practice activities 27 2,164
Recent Companies
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Randomly selected companies from this quarter
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