Airdrie, Lanarkshire
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company closures in Airdrie when compared to any year in history.
- The second half of 2010 saw a new record in company closures in Airdrie when compared to any previous second half year.
- Q4 2010 saw a new record in company closures in Airdrie when compared to any previous Q4.
- December 2010 saw a new record in company closures in Airdrie when compared to any previous December.
- October 2010 saw a new record in company closures in Airdrie when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 200 companies were formed in Airdrie in 2010. This total is 2.4% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Airdrie UK 2010 200 400,358 2009 205 362,675 2008 198 349,203 2007 209 457,649 2006 157 405,440 Record Year 2007 (209) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 82 companies were formed in Airdrie. This figure is 7.9% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Airdrie occurred in 2008 when a total of 90 were formed.
Half Year (Jul-Dec) Airdrie UK 2010 82 196,609 2009 89 180,654 % change -7.9% 8.8% Record Year 2008 (90) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 32 companies were registered in Airdrie during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 25.6% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Airdrie UK 2010 32 95,117 2009 43 85,983 % change -25.6% 10.6% Record Year 2003 (50) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 13 11 8 New companies in 2009 12 19 12 % change 8.3% -42.1% -33.3% Record Year 2008 (20) 2009 (19) 2003 (15)
Closed Companies (dissolved)
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Annual Data (2010)
2010 was a record year for company closures in Airdrie when compared to any year in history.
A total of 223 companies were dissolved in Airdrie in 2010. This total is 38.5% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Airdrie UK 2010 223 342,232 2009 161 533,773 2008 78 237,901 2007 94 220,295 2006 84 200,166 Record Year 2010 (223) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company closures in Airdrie when compared to any previous second half year.
In the second half of 2010 a total of 101 companies were dissolved in Airdrie. This figure is 16.1% higher than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Airdrie occurred in 2010 when a total of 101 were closed.
Half Year (Jul-Dec) Airdrie UK 2010 101 164,601 2009 87 244,537 % change 16.1% -32.7% Record Year 2010 (101) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Airdrie when compared to any previous Q4.
A total of 56 companies were dissolved in Airdrie during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 86.7% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Airdrie UK 2010 56 76,896 2009 30 85,136 % change 86.7% -9.7% Record Year 2010 (56) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company closures in Airdrie when compared to any previous December.
October 2010 saw a new record in company closures in Airdrie when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2010 28 13 15 Closed companies in 2009 17 6 7 % change 64.7% 116.7% 114% Record Year 2010 (28) 2002 (13) 2010 (15)
Net Company Growth
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Annual Data (2010)
A total of -23 companies were removed to the company register for Airdrie in 2010. This number represents decline of 11.2% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 67 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2004 when the Airdrie company register grew by 127 companies.
Year Airdrie UK 2010 -23 58,126 2009 44 -171,098 2008 120 111,302 2007 115 237,354 2006 73 205,274 Record Year 2004 (127) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Airdrie decreased by 19 companies.
Half Year (Jul-Dec) Airdrie UK 2010 -19 32,008 2009 2 -63,883 Record Year 2003 (75) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Airdrie during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -24 companies.
fourth quarter (Oct 2010 - Dec 2010) Airdrie UK 2010 -24 18,221 2009 13 847 Record Year 2003 (41) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -15 -2 -7 Net growth in 2009 -5 13 5 Record Year 2003 (14) 2003 (16) 2005 (12)
UK Company Share
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Annual Data (2010)
In 2010 Airdrie formed 0.1% of all UK companies. This is no change on 2009 when Airdrie was responsible for 0.1% of all UK companies.
Year Airdrie 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 2008 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Airdrie formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.
Half Year (Jul-Dec) Airdrie 2010 0.0% 2009 0.0% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 1975 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Airdrie formed 0.0% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Airdrie 2010 0.0% 2009 0.1% 2008 0.1% 2007 0.0% 2006 0.0% Record Year (since 1960) 1963 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.0% 0.0% 0.0% UK formation share in 2009 0.0% 0.1% 0.0% % change -5.2% -48.3% -36.6% Record Year 1985 (0.3%) 1980 (0.1%) 1963 (0.3%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 42.5.
The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 41.6.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 1.2% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 41.0.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Airdrie was 1857 when 36.4% of all directors were female.
The percentage of female directors in Airdrie in 2010 was 33.2%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Airdrie was 1860 when 42.9% of all directors were female.
28.8% of all director appointments in Airdrie in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Airdrie was in 1977 when 31.1% of all directors were female.
34.8% of all director appointments in Airdrie in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 3.23% CONSULTING 5.06% CONTRACTS 1.62% MANAGEMENT 5.01% J 1.35% CONSULTANCY 3.14% G 1.35% PROPERTY 2.36% SCOTLAND 1.08% TRADING 2.11% CONSULTANCY 1.08% ASSOCIATES 1.95% MOT 1.08% DESIGN 1.92% CENTRE 1.08% BUSINESS 1.82% ENGINEERING 0.81% CONSTRUCTION 1.82% BUILDING 0.81% CONSULTANTS 1.76% WELDING 0.81% MEDIA 1.71% PAVING 0.81% ENGINEERING 1.62% IT 0.81% LONDON 1.60% CONSTRUCTION 0.81% CARE 1.45% VALLEY 0.81% INVESTMENTS 1.44% PROPERTY 0.81% GLOBAL 1.43% CATERING 0.54% J 1.42% MIDWOOD 0.54% IT 1.41% JOINERS 0.54% PROPERTIES 1.34% R 0.54% INTERNATIONAL 1.34% M 0.54% BUILDING 1.34% BAR 0.54% M 1.30% RESIDENTIAL 0.54% ELECTRICAL 1.25% LOGISTICS 0.54% SYSTEMS 1.24% DRILLING 0.54% S 1.23%
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 113 199,572 7487 - Other business activities 26 63,348 99999 - Dormant Company 13 16,285 6024 - Freight transport by road 9 2,401 82990 - Other business support service activities not elsewhere classified 9 27,550 96090 - Other service activities not elsewhere classified 8 8,799 4521 - General construction & civil engineering 7 6,598 5540 - Bars 7 2,093 9999 - Dormant Company 6 20,144 43999 - Other specialised construction activities not elsewhere classified 6 2,854 41100 - Development of building projects 5 3,765 43220 - Plumbing, heat and air-conditioning installation 5 2,187 9305 - Other service activities 5 8,858 7260 - Other computer related activities 5 8,089 7414 - Business & management consultancy 5 13,474 4533 - Plumbing 5 1,526 96020 - Hairdressing and other beauty treatment 5 1,873 43320 - Joinery installation 4 1,135 71129 - Other engineering activities 4 1,513 68310 - Real estate agencies 4 1,706
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC389781 DRUM G LTD 01 Dec 2010 SC389842 FORTH VALLEY DEVELOPMENTS LTD. 02 Dec 2010 SC390051 YESTERDAYS (AIRDRIE) LIMITED 07 Dec 2010 SC390093 TMCG LOGISTICS LTD 08 Dec 2010 SC390211 HDS FITNESS LIMITED 10 Dec 2010 SC390334 INCHGLEN CONSULTING LIMITED 14 Dec 2010 SC390604 ASSESSMENT DEVELOPMENT SOLUTIONS LTD 20 Dec 2010 SC390638 PRENTICE KENNEDY LTD. 21 Dec 2010