Bangor, County Down
2012 Annual Business Confidence Report
Headlines
- November 2012 saw a new record in company registrations in Bangor when compared to any previous November.
- November 2012 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 (2012)
A total of 147 companies were formed in Bangor in 2012. This total is 5.0% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Bangor UK 2012 147 491,893 2011 140 452,870 2010 121 400,358 2009 96 362,675 2008 96 349,203 Record Year 2007 (175) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 66 companies were formed in Bangor. This figure is 4.8% higher than last year, which compares badly to the UK wide figure of 6.5%.
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 2012 66 238,743 2011 63 224,135 % change 4.8% 6.5% Record Year 2007 (72) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 39 companies were registered in Bangor during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 18.2% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Bangor UK 2012 39 119,875 2011 33 109,623 % change 18.2% 9.4% Record Year 2012 (39) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 saw a new record in company registrations in Bangor when compared to any previous November.
New Companies by Month
October November December New companies in 2012 12 17 10 New companies in 2011 9 15 9 % change 33.3% 13.3% 11.1% Record Year 2002 (15) 2012 (17) 2006 (15)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 103 companies were dissolved in Bangor in 2012. This total is 12.7% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.
Year Bangor UK 2012 103 293,728 2011 118 314,524 2010 161 342,233 2009 7 533,787 2008 2 220,296 Record Year 2010 (161) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 46 companies were dissolved in Bangor. This figure is 20.7% lower than last year, which compares well to the UK wide change of -4.1%.
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 2012 46 145,934 2011 58 152,213 % change -20.7% -4.1% Record Year 2010 (114) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 23 companies were dissolved in Bangor during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 20.7% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Bangor UK 2012 23 70,026 2011 29 79,983 % change -20.7% -12.4% Record Year 2010 (58) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Dissolved Companies by Month
October November December Closed companies in 2012 8 8 7 Closed companies in 2011 9 9 11 % change -11.1% -11.1% -36% Record Year 2010 (47) 2011 (9) 2011 (11)
Net Company Growth
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Annual Data (2012)
A total of 44 companies were added to the company register for Bangor in 2012. This number represents growth of 31.4% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 22 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 2012 44 198,165 2011 22 138,346 2010 -40 58,125 2009 89 -171,112 2008 173 237,353 Record Year 2007 (173) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Bangor increased by 20 companies.
Half Year (Jul-Dec) Bangor UK 2012 20 92,809 2011 5 71,922 Record Year 2009 (56) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Bangor during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 16 companies.
fourth quarter (Oct 2012 - Dec 2012) Bangor UK 2012 16 49,849 2011 4 29,640 Record Year 2009 (23) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
November 2012 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 2012 4 9 3 Net growth in 2011 0 6 -2 Record Year 2009 (8) 2012 (9) 2010 (6)
UK Company Share
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Annual Data (2012)
In 2012 Bangor formed 0.0% of all UK companies. This is no change on 2011 when Bangor was responsible for 0.0% of all UK companies.
Year Bangor 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Bangor formed 0.0% of all UK companies. This is the same as the 2011 figure of 0.0%.
Half Year (Jul-Dec) Bangor 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1968 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Bangor formed 0.0% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Bangor 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% Record Year (since 1960) 1968 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.0% 0.0% 0.0% UK formation share in 2011 0.0% 0.0% 0.0% % change 11.6% 7.8% 8.2% Record Year 1964 (0.3%) 1978 (0.3%) 1965 (0.4%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 43.4.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 42.3.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 43.6.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Bangor was 1860 when 35.7% of all directors were female.
The percentage of female directors in Bangor in 2012 was 31.4%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Bangor was 1860 when 42.9% of all directors were female.
26.9% of all director appointments in Bangor in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Bangor was in 1977 when 31.2% of all directors were female.
32.8% of all director appointments in Bangor in the fourth quarter of 2012 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 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BANGOR 2.32% CONSULTING 5.15% (NI) 2.32% MANAGEMENT 4.78% MANAGEMENT 1.99% CONSULTANCY 3.31% MANUFACTURING 1.32% PROPERTY 2.40% MANGO 1.32% TRADING 2.03% DESIGN 0.99% DESIGN 1.86% DAY 0.99% ASSOCIATES 1.82% NESBITT 0.99% ENGINEERING 1.79% HOSPITALITY 0.99% BUSINESS 1.76% CARE 0.99% CONSULTANTS 1.75% TRADING 0.66% CONSTRUCTION 1.69% L 0.66% LONDON 1.69% B 0.66% MEDIA 1.69% CLINIC 0.66% GLOBAL 1.59% RESTAURANT 0.66% J 1.57% ENGINEERING 0.66% INVESTMENTS 1.46% BAR 0.66% IT 1.43% ENTERPRISES 0.66% CARE 1.39% DIRECT 0.66% PROPERTIES 1.34% CLEANING 0.66% M 1.26% BALLYHOLME 0.66% BUILDING 1.23% CONSULTANCY 0.66% ENTERPRISES 1.21% WILSON 0.66% TRAINING 1.18% RATHGAEL 0.66% ELECTRICAL 1.17% BELFAST 0.66% SECURITY 1.17%
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 53 236,139 99999 - Dormant Company 11 40,648 96020 - Hairdressing and other beauty treatment 8 4,759 96090 - Other service activities not elsewhere classified 8 22,058 56102 - Unlicensed restaurants and cafes 7 2,936 56290 - Other food services 6 2,833 68100 - Buying and selling of own real estate 6 4,752 56101 - Licensed restaurants 5 6,400 74909 - Other professional, scientific and technical activities not elsewhere classified 4 15,572 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 4 2,758 70229 - Management consultancy activities other than financial management 4 30,396 62012 - Business and domestic software development 4 7,446 56103 - Take-away food shops and mobile food stands 4 5,132 98000 - Residents property management 4 4,377 62020 - Information technology consultancy activities 3 23,256 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store 3 1,228 47910 - Retail sale via mail order houses or via Internet 3 6,307 41100 - Development of building projects 3 7,980 72190 - Other research and experimental development on natural sciences and engineering 3 1,011 82990 - Other business support service activities not elsewhere classified 3 52,427
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI615790 TWINBURN LIMITED 04 Dec 2012 NI615913 PRESENCE DIRECT LTD 12 Dec 2012 NI615936 NORTHERN ENGINEERING ENTERPRISES (2) LIMITED 13 Dec 2012 NI615937 MASSA LIMITED 13 Dec 2012 NI615957 SUNTAB LIMITED 14 Dec 2012 NI616063 DENNIS MULHOLLAND LTD 20 Dec 2012 NI615882 LIVEWEAR LIMITED 10 Dec 2012 NI615923 AMBERNODE LIMITED 12 Dec 2012 NI615928 VESTER PS LTD 13 Dec 2012 NI616066 JK AUTOSPARES(LURGAN) LIMITED 21 Dec 2012