Bangor, County Down

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company closures in Bangor when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Bangor when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company closures in Bangor when compared to any half year in history.
  • Q4 2010 saw a new record in company closures in Bangor when compared to any previous Q4.
  • Q4 2010 was a record quarter for company closures in Bangor when compared to any quarter in history.
  • December 2010 saw a new record in company closures in Bangor when compared to any previous December.
  • November 2010 saw a new record in company closures in Bangor when compared to any previous November.
  • October 2010 saw a new record in company closures in Bangor when compared to any previous October.
  • October 2010 was a record month for company closures in Bangor when compared to any month in history.
  • December 2010 saw a new record in net growth in Bangor when compared to any previous December.
  • November 2010 saw a new record in net growth in Bangor when compared to any previous November.

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 (2010)

    A total of 121 companies were formed in Bangor in 2010. This total is 26.0% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearBangorUK
    2010121400,358
    200996362,675
    200896349,203
    2007175457,649
    2006130405,440
    Record Year2007 (175)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 67 companies were formed in Bangor. This figure is 11.7% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Bangor occurred in 2007 when a total of 72 were formed.

    Half Year (Jul-Dec)BangorUK
    201067196,609
    200960180,654
    % change11.7%8.8%
    Record Year2007 (72)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 32 companies were registered in Bangor during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 33.3% versus the same period last year (Q4 2009). This figure compares well 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)BangorUK
    20103295,117
    20092485,983
    % change33.3%10.6%
    Record Year 2006 (39) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201010913
    New companies in 20099132
    % change11.1%-30.8%550.0%
    Record Year2002 (15)2003 (16)2006 (15)

Closed Companies (dissolved)

  1. Annual Data (2010)

    2010 was a record year for company closures in Bangor when compared to any year in history.

    A total of 161 companies were dissolved in Bangor in 2010. This total is 2,200.0% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearBangorUK
    2010161342,232
    20097533,773
    20082220,295
    20072189,329
    2006161533,773
    Record Year2010 (161)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Bangor when compared to any previous second half year.

    The second half of 2010 was a record second half year for company closures in Bangor when compared to any half year in history.

    In the second half of 2010 a total of 114 companies were dissolved in Bangor. This figure is 2,750.0% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Bangor occurred in 2010 when a total of 114 were closed.

    Half Year (Jul-Dec)BangorUK
    2010114164,601
    20094244,537
    % change2,750.0%-32.7%
    Record Year2010 (114)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Bangor when compared to any previous Q4.

    Q4 2010 was a record quarter for company closures in Bangor when compared to any quarter in history.

    A total of 58 companies were dissolved in Bangor during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 5,700.0% 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)BangorUK
    20105876,896
    2009185,136
    % change5,700.0%-9.7%
    Record Year 2010 (58) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company closures in Bangor when compared to any previous December.

    November 2010 saw a new record in company closures in Bangor when compared to any previous November.

    October 2010 saw a new record in company closures in Bangor when compared to any previous October.

    October 2010 was a record month for company closures in Bangor when compared to any month in history.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20104747
    Closed companies in 20091
    % change4,600.0%inf%inf%
    Record Year2010 (47)2010 (4)2010 (7)

Net Company Growth

  1. Annual Data (2010)

    A total of -40 companies were removed to the company register for Bangor in 2010. This number represents decline of 41.7% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 129 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Bangor company register grew by 173 companies.

    YearBangorUK
    2010-4058,126
    200989-171,098
    2008173237,354
    2007104178,360
    2006173242,543
    Record Year2007 (173)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Bangor decreased by 47 companies.

    Half Year (Jul-Dec)BangorUK
    2010-4732,008
    200956-63,883
    Record Year2009 (56)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Bangor during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -26 companies.

    fourth quarter (Oct 2010 - Dec 2010)BangorUK
    2010-2618,221
    200923847
    Record Year 2009 (23) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Bangor when compared to any previous December.

    November 2010 saw a new record in net growth in Bangor when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-3756
    Net growth in 20098
    Record Year2009 (8)2010 (5)2010 (6)

UK Company Share

  1. Annual Data (2010)

    In 2010 Bangor formed 0.0% of all UK companies. This is no change on 2009 when Bangor was responsible for 0.0% of all UK companies.

    YearBangor
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1965 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Bangor formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Bangor
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Bangor formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Bangor
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1968 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change-2.9%-38.1%522.1%
    Record Year1964 (0.3%)1978 (0.3%)1965 (0.4%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.7.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 45.4.

    The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 7.8% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 45.6.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 8.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Bangor was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Bangor in 2010 was 26.2%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Bangor was 1860 when 42.9% of all directors were female.

    26.1% of all director appointments in Bangor 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
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Bangor was in 1977 when 31.1% of all directors were female.

    28.6% of all director appointments in Bangor 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

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    (NI)2.45%CONSULTING5.06%
    MANAGEMENT2.04%MANAGEMENT5.01%
    TRADING1.63%CONSULTANCY3.14%
    CONSULTING1.63%PROPERTY2.36%
    CONSULTANCY1.22%TRADING2.11%
    BANGOR1.22%ASSOCIATES1.95%
    BEECHFIELD0.82%DESIGN1.92%
    WEB0.82%BUSINESS1.82%
    POWER0.82%CONSTRUCTION1.82%
    SYSTEMS0.82%CONSULTANTS1.76%
    STORES0.82%MEDIA1.71%
    CHOUX0.82%ENGINEERING1.62%
    NI0.82%LONDON1.60%
    LEARNING0.82%CARE1.45%
    LEISURE0.82%INVESTMENTS1.44%
    NEWLOW0.82%GLOBAL1.43%
    GREEN0.82%J1.42%
    SECURITY0.82%IT1.41%
    INTERIORS0.82%PROPERTIES1.34%
    FURNITURE0.82%INTERNATIONAL1.34%
    SQUARE0.82%BUILDING1.34%
    SIMPLY0.82%M1.30%
    COMMUNITY0.41%ELECTRICAL1.25%
    ISAKA0.41%SYSTEMS1.24%
    APARTMENT0.41%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied35199,572
    9999 - Dormant Company1020,144
    7487 - Other business activities1063,348
    5530 - Restaurants94,939
    7414 - Business & management consultancy613,474
    99999 - Dormant Company616,285
    7222 - Other software consultancy and supply57,298
    82990 - Other business support service activities not elsewhere classified427,550
    41100 - Development of building projects33,765
    9262 - Other sporting activities31,599
    60100 - Radio broadcasting2162
    4525 - Other special trades construction21,811
    5142 - Wholesale of clothing and footwear2539
    5227 - Other retail food etc. specialised21,141
    7032 - Manage real estate, fee or contract22,235
    7486 - Call centre activities2215
    62012 - Business and domestic software development22,858
    96020 - Hairdressing and other beauty treatment21,873
    74909 - Other professional, scientific and technical activities not elsewhere classified27,088
    6330 - Travel agencies etc; tourist2747

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI605331 THE WEB THEATRE LTD 01 Dec 2010
    NI605348 BRYNSER LIMITED 02 Dec 2010
    NI605532 JUSTRO PROPERTIES LTD 16 Dec 2010
    NI605614 MOTRICO LTD 29 Dec 2010
    NI605363 NUTRITION X LTD 02 Dec 2010
    NI605458 NDHTT LTD 09 Dec 2010
    NI605475 SL CHIPS LIMITED 10 Dec 2010
    NI605489 BLUE MONKEE LTD 13 Dec 2010
    NI605535 LEAF HOLDINGS (N.I.) LIMITED 16 Dec 2010
    NI605560 RADIANT LOOK-WHITENING LIMITED 20 Dec 2010
    NI605567 DIAMOND TEETH WHITENING (NI) LTD 20 Dec 2010
    NI605593 TIMES TWO CONSULTING LTD 23 Dec 2010
    NI605609 BEECHFIELD FAIRWAYS MANAGEMENT LIMITED 23 Dec 2010

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