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
New Company Registrations
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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.
Year Bangor UK 2010 121 400,358 2009 96 362,675 2008 96 349,203 2007 175 457,649 2006 130 405,440 Record Year 2007 (175) 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 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) Bangor UK 2010 67 196,609 2009 60 180,654 % change 11.7% 8.8% Record Year 2007 (72) 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 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) Bangor UK 2010 32 95,117 2009 24 85,983 % change 33.3% 10.6% Record Year 2006 (39) 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 10 9 13 New companies in 2009 9 13 2 % change 11.1% -30.8% 550.0% Record Year 2002 (15) 2003 (16) 2006 (15)
Closed Companies (dissolved)
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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.
Year Bangor UK 2010 161 342,232 2009 7 533,773 2008 2 220,295 2007 2 189,329 2006 161 533,773 Record Year 2010 (161) 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 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) Bangor UK 2010 114 164,601 2009 4 244,537 % change 2,750.0% -32.7% Record Year 2010 (114) 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 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) Bangor UK 2010 58 76,896 2009 1 85,136 % change 5,700.0% -9.7% Record Year 2010 (58) 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 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
October November December Closed companies in 2010 47 4 7 Closed companies in 2009 1 % change 4,600.0% inf% inf% Record Year 2010 (47) 2010 (4) 2010 (7)
Net Company Growth
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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.
Year Bangor UK 2010 -40 58,126 2009 89 -171,098 2008 173 237,354 2007 104 178,360 2006 173 242,543 Record Year 2007 (173) 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 Bangor decreased by 47 companies.
Half Year (Jul-Dec) Bangor UK 2010 -47 32,008 2009 56 -63,883 Record Year 2009 (56) 2003 (117,772) Net Growth by Half Year
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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) Bangor UK 2010 -26 18,221 2009 23 847 Record Year 2009 (23) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2010 -37 5 6 Net growth in 2009 8 Record Year 2009 (8) 2010 (5) 2010 (6)
UK Company Share
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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.
Year Bangor 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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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 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1968 (0.2%) Company Share by Half Year
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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 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% 2006 0.0% Record Year (since 1960) 1968 (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% 0.0% 0.0% % change -2.9% -38.1% 522.1% Record Year 1964 (0.3%) 1978 (0.3%) 1965 (0.4%)
Director Age
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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
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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
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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
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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
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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
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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
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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 (NI) 2.45% CONSULTING 5.06% MANAGEMENT 2.04% MANAGEMENT 5.01% TRADING 1.63% CONSULTANCY 3.14% CONSULTING 1.63% PROPERTY 2.36% CONSULTANCY 1.22% TRADING 2.11% BANGOR 1.22% ASSOCIATES 1.95% BEECHFIELD 0.82% DESIGN 1.92% WEB 0.82% BUSINESS 1.82% POWER 0.82% CONSTRUCTION 1.82% SYSTEMS 0.82% CONSULTANTS 1.76% STORES 0.82% MEDIA 1.71% CHOUX 0.82% ENGINEERING 1.62% NI 0.82% LONDON 1.60% LEARNING 0.82% CARE 1.45% LEISURE 0.82% INVESTMENTS 1.44% NEWLOW 0.82% GLOBAL 1.43% GREEN 0.82% J 1.42% SECURITY 0.82% IT 1.41% INTERIORS 0.82% PROPERTIES 1.34% FURNITURE 0.82% INTERNATIONAL 1.34% SQUARE 0.82% BUILDING 1.34% SIMPLY 0.82% M 1.30% COMMUNITY 0.41% ELECTRICAL 1.25% ISAKA 0.41% SYSTEMS 1.24% APARTMENT 0.41% 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 35 199,572 9999 - Dormant Company 10 20,144 7487 - Other business activities 10 63,348 5530 - Restaurants 9 4,939 7414 - Business & management consultancy 6 13,474 99999 - Dormant Company 6 16,285 7222 - Other software consultancy and supply 5 7,298 82990 - Other business support service activities not elsewhere classified 4 27,550 41100 - Development of building projects 3 3,765 9262 - Other sporting activities 3 1,599 60100 - Radio broadcasting 2 162 4525 - Other special trades construction 2 1,811 5142 - Wholesale of clothing and footwear 2 539 5227 - Other retail food etc. specialised 2 1,141 7032 - Manage real estate, fee or contract 2 2,235 7486 - Call centre activities 2 215 62012 - Business and domestic software development 2 2,858 96020 - Hairdressing and other beauty treatment 2 1,873 74909 - Other professional, scientific and technical activities not elsewhere classified 2 7,088 6330 - Travel agencies etc; tourist 2 747
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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