Aberdeen, Aberdeenshire

2014 Annual Business Confidence Report

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. 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.

    YearAberdeenUK
    20141,865582,051
    20132,165529,363
    20121,975491,893
    20111,858452,870
    20101,592400,358
    Record Year2013 (2,165)2014 (582,051)
    New Companies by Year
  2. 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)AberdeenUK
    2014789281,320
    20131,041259,931
    % change-24.2%8.2%
    Record Year2013 (1,041)2014 (281,320)
    New Companies by Half Year
  3. 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)AberdeenUK
    2014375137,906
    2013463127,247
    % change-19.0%8.4%
    Record Year 2006 (510) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014142126107
    New companies in 2013179163121
    % change-20.7%-22.7%-11.6%
    Record Year2006 (328)2012 (168)2003 (183)

Closed Companies (dissolved)

  1. 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.

    YearAberdeenUK
    20141,311367,937
    20131,228332,213
    20121,482293,729
    20111,450314,524
    20101,794342,233
    Record Year2010 (1,794)2009 (533,789)
    Dissolved Companies by Year
  2. 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)AberdeenUK
    2014630190,730
    2013663177,021
    % change-5.0%7.7%
    Record Year2010 (901)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)AberdeenUK
    201431489,060
    201332590,851
    % change-3.4%-2.0%
    Record Year 2010 (478) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20141458188
    Closed companies in 2013116109100
    % change25.0%-25.7%-12%
    Record Year2008 (375)2011 (171)2010 (208)

Net Company Growth

  1. 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.

    YearAberdeenUK
    2014554214,114
    2013937197,150
    2012493198,164
    2011408138,346
    2010-20258,125
    Record Year2007 (1,309)2007 (237,353)
    Net Growth by Year
  2. 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)AberdeenUK
    201415990,590
    201337882,910
    Record Year2006 (514)2003 (117,772)
    Net Growth by Half Year
  3. 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)AberdeenUK
    20146148,846
    201313836,396
    Record Year 2006 (316) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014-34519
    Net growth in 2013635421
    Record Year2006 (264)2001 (87)2003 (149)

UK Company Share

  1. 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.

    YearAberdeen
    20140.3%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960)1990 (0.8%)
    Company Share by Year
  2. 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
    20140.3%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1989 (0.8%)
    Company Share by Half Year
  3. 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
    20140.3%
    20130.4%
    20120.4%
    20110.4%
    20100.4%
    Record Year (since 1960) 1988 (0.8%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.3%0.3%0.3%
    UK formation share in 20130.4%0.4%0.4%
    % change-24.5%-26.6%-24.3%
    Record Year1988 (1.0%)1990 (1.0%)1988 (1.0%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    ENGINEERING3.16%CONSULTING5.22%
    ABERDEEN2.25%MANAGEMENT4.58%
    CONSULTING1.74%CONSULTANCY3.57%
    CONSULTANTS1.66%PROPERTY2.66%
    MANAGEMENT1.62%CONSTRUCTION2.12%
    (ABERDEEN)1.42%ENGINEERING2.10%
    SUBSEA1.31%CARE2.02%
    CONSULTANCY1.19%TRADING1.94%
    OIL1.15%LONDON1.93%
    ENERGY1.07%TRANSPORT1.93%
    PROJECT1.03%DESIGN1.66%
    PROPERTY0.91%CONSULTANTS1.64%
    PROPERTIES0.91%ELECTRICAL1.62%
    INSPECTION0.87%PROPERTIES1.62%
    OFFSHORE0.87%BUSINESS1.56%
    LP0.79%J1.54%
    GAS0.71%CO.,1.50%
    GLOBAL0.71%GLOBAL1.49%
    DESIGN0.71%INVESTMENTS1.48%
    (SCOTLAND)0.67%ASSOCIATES1.47%
    ENTERPRISES0.63%DEVELOPMENTS1.35%
    INVESTMENTS0.63%MEDIA1.33%
    ASSOCIATES0.55%IT1.31%
    DRILLING0.51%BUILDING1.29%
    SAFETY0.51%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied823265,608
    82990 - Other business support service activities not elsewhere classified50958,068
    74909 - Other professional, scientific and technical activities not elsewhere classified38419,049
    70229 - Management consultancy activities other than financial management31642,290
    71129 - Other engineering activities3026,132
    96090 - Other service activities not elsewhere classified12929,009
    09100 - Support activities for petroleum and natural gas extraction1211,077
    71122 - Engineering related scientific and technical consulting activities1013,184
    62020 - Information technology consultancy activities8530,178
    99999 - Dormant Company7748,509
    06100 - Extraction of crude petroleum54509
    74990 - Non-trading company4713,984
    68209 - Other letting and operating of own or leased real estate4511,212
    56103 - Take-away food shops and mobile food stands438,318
    41100 - Development of building projects3711,397
    56101 - Licensed restaurants368,782
    71121 - Engineering design activities for industrial process and production351,600
    96020 - Hairdressing and other beauty treatment276,742
    68100 - Buying and selling of own real estate277,106
    86230 - Dental practice activities272,164

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC490754 FATHOM SYSTEMS GROUP LIMITED 07 Nov 2014
    SC491147 BODRUM KEBAB HOUSE (ABERDEEN) LTD 13 Nov 2014
    SC491232 SLLP 108 LIMITED 13 Nov 2014
    SC491239 MEDICAL APPLICATIONS LIMITED 13 Nov 2014
    SC491380 GRAMPIAN LIMITED 17 Nov 2014
    SC491471 EL-GIBHOR LIMITED 18 Nov 2014
    SC491580 SILVER STAR SWAN LIMITED 19 Nov 2014
    SC491625 FIRMFOOT LIMITED 19 Nov 2014
    SC491653 KLARITI LTD 20 Nov 2014
    SC491699 FERDENT LIMITED 20 Nov 2014
    SC491405 NORTH-SOUND COOPERATION LTD 17 Nov 2014
    SC491762 AVEC AMOUR LTD 21 Nov 2014
    SC492103 RODNEY ALEXANDER LIMITED 26 Nov 2014
    SC492135 FENNEX LTD 27 Nov 2014
    SC491214 AREA FIFTY TWO LIMITED 13 Nov 2014
    SC491363 GKM FLOORING LIMITED 17 Nov 2014
    SC490599 OSM OFFSHORE ABERDEEN LIMITED 05 Nov 2014
    SC491280 INDEX SUBSEA LIMITED 14 Nov 2014
    SC491623 PROGRESSION ENGINEERING LTD 19 Nov 2014
    SC491817 AT CONSULTING (ARGYLL) LIMITED 24 Nov 2014
    SC491116 BYRON CRESCENT 1965 LIMITED 12 Nov 2014
    SC490832 CARSTULYN ENGINEERING SERVICES LIMITED 10 Nov 2014
    SC491210 TAYLOR MADE COMMUNICATIONS LIMITED 13 Nov 2014
    SC490453 CHAINPOLIOS LIMITED 04 Nov 2014
    SC492319 BATEY SUBSEA SERVICES LIMITED 28 Nov 2014