Bangor, County Down
2011 Annual Business Confidence Report
Headlines
- December 2011 saw a new record in company closures in Bangor when compared to any previous December.
- November 2011 saw a new record in company closures in Bangor when compared to any previous November.
- November 2011 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 (2011)
A total of 140 companies were formed in Bangor in 2011. This total is 15.7% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Bangor UK 2011 140 452,870 2010 121 400,358 2009 96 362,675 2008 96 349,203 2007 175 457,649 Record Year 2007 (175) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 63 companies were formed in Bangor. This figure is 6.0% lower than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Bangor occurred in 2003 when a total of 72 were formed.
Half Year (Jul-Dec) Bangor UK 2011 63 224,135 2010 67 196,609 % change -6.0% 14.0% Record Year 2003 (72) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 33 companies were registered in Bangor during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 3.1% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Bangor UK 2011 33 109,623 2010 32 95,117 % change 3.1% 15.3% Record Year 2006 (39) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 9 15 9 New companies in 2010 10 9 13 % change -10.0% 66.7% -30.8% Record Year 2002 (15) 2003 (16) 2006 (15)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 118 companies were dissolved in Bangor in 2011. This total is 26.7% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Bangor UK 2011 118 314,523 2010 161 342,232 2009 7 533,773 2008 2 220,295 2007 2 189,329 Record Year 2010 (161) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 58 companies were dissolved in Bangor. This figure is 49.1% lower than last year, which compares well to the UK wide change of -7.5%.
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 2011 58 152,213 2010 114 164,601 % change -49.1% -7.5% Record Year 2010 (114) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 29 companies were dissolved in Bangor during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 50.0% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Bangor UK 2011 29 79,983 2010 58 76,896 % change -50.0% 4.0% Record Year 2010 (58) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company closures in Bangor when compared to any previous December.
November 2011 saw a new record in company closures in Bangor when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 9 9 11 Closed companies in 2010 47 4 7 % change -80.9% 125.0% 57% Record Year 2010 (47) 2011 (9) 2011 (11)
Net Company Growth
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Annual Data (2011)
A total of 22 companies were added to the company register for Bangor in 2011. This number represents growth of 18.2% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 62 companies higher 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 2011 22 138,347 2010 -40 58,126 2009 89 -171,098 2008 173 237,354 2007 104 178,360 Record Year 2007 (173) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Bangor increased by 5 companies.
Half Year (Jul-Dec) Bangor UK 2011 5 71,922 2010 -47 32,008 Record Year 2009 (56) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Bangor during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 4 companies.
fourth quarter (Oct 2011 - Dec 2011) Bangor UK 2011 4 29,640 2010 -26 18,221 Record Year 2009 (23) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 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 2011 0 6 -2 Net growth in 2010 -37 5 6 Record Year 2009 (8) 2011 (6) 2010 (6)
UK Company Share
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Annual Data (2011)
In 2011 Bangor formed 0.0% of all UK companies. This is no change on 2010 when Bangor was responsible for 0.0% of all UK companies.
Year Bangor 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Bangor formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.
Half Year (Jul-Dec) Bangor 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1968 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Bangor formed 0.0% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Bangor 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1968 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.0% 0.0% 0.0% UK formation share in 2010 0.0% 0.0% 0.0% % change -21.5% 42.0% -38.6% Record Year 1964 (0.3%) 1978 (0.3%) 1965 (0.4%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 44.3.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 44.1.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 7.2% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 46.7.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 11.6% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 29.8%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Bangor was 1860 when 42.9% of all directors were female.
30.9% of all director appointments in Bangor in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Bangor was in 1977 when 31.1% of all directors were female.
32.0% of all director appointments in Bangor in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DISTRIBUTION 1.79% CONSULTING 5.07% (ICE 1.43% MANAGEMENT 4.74% LEISURE 1.43% CONSULTANCY 3.26% CREAM) 1.43% PROPERTY 2.37% RETAIL 1.08% TRADING 2.07% ENERGY 1.08% DESIGN 1.92% BEAUTY 1.08% ASSOCIATES 1.86% NORTH 1.08% ENGINEERING 1.78% MIN 1.08% BUSINESS 1.78% NI 1.08% CONSULTANTS 1.76% MANAGEMENT 1.08% CONSTRUCTION 1.73% BIG 0.72% MEDIA 1.71% OFFICE 0.72% LONDON 1.63% VAN 0.72% J 1.51% ARTS 0.72% INVESTMENTS 1.48% CO 0.72% GLOBAL 1.46% DRAMA 0.72% IT 1.41% FOOD 0.72% CARE 1.39% EAT 0.72% PROPERTIES 1.29% ENTERTAINMENT 0.72% ELECTRICAL 1.29% BUILD 0.72% M 1.27% K 0.72% BUILDING 1.26% TRADING 0.72% ENERGY 1.25% CLUB 0.72% S 1.20% BLUE 0.72% ENTERPRISES 1.20%
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 39 205,525 7487 - Other business activities 11 57,052 9999 - Dormant Company 9 20,199 7414 - Business & management consultancy 8 13,034 82990 - Other business support service activities not elsewhere classified 7 32,483 5530 - Restaurants 6 5,013 99999 - Dormant Company 5 21,846 96020 - Hairdressing and other beauty treatment 4 2,380 7222 - Other software consultancy and supply 4 7,398 72190 - Other research and experimental development on natural sciences and engineering 3 666 69201 - Accounting and auditing activities 3 3,633 62012 - Business and domestic software development 3 3,714 98000 - Residents property management 3 2,874 93199 - Other sports activities 3 1,768 5212 - Other retail non-specialised stores 3 1,088 58190 - Other publishing activities 3 996 4521 - General construction & civil engineering 2 5,558 4525 - Other special trades construction 2 1,651 96090 - Other service activities not elsewhere classified 2 11,768 60100 - Radio broadcasting 2 173
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI610220 EAT-NI LTD 05 Dec 2011 NI610223 EAT-GROUP LTD 05 Dec 2011 NI610293 GRACE'S IRISH FOODS LTD 08 Dec 2011 NI610383 GOLDSEC LIMITED 15 Dec 2011 NI610480 MIRROREYEZ LTD 21 Dec 2011 NI610192 FEATHER AND FORTUNE LTD 01 Dec 2011 NI610323 JOHN ROBB INTERIORS LTD 12 Dec 2011 NI610376 NS SPA LIMITED 14 Dec 2011 NI610467 THINK DIFFERENTLY LIMITED 21 Dec 2011