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

  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 (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.

    YearBangorUK
    2012147491,893
    2011140452,870
    2010121400,358
    200996362,675
    200896349,203
    Record Year2007 (175)2012 (491,893)
    New Companies by Year
  2. 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)BangorUK
    201266238,743
    201163224,135
    % change4.8%6.5%
    Record Year2007 (72)2012 (238,743)
    New Companies by Half Year
  3. 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)BangorUK
    201239119,875
    201133109,623
    % change18.2%9.4%
    Record Year 2012 (39) 2012 (119,875)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2012121710
    New companies in 20119159
    % change33.3%13.3%11.1%
    Record Year2002 (15)2012 (17)2006 (15)

Closed Companies (dissolved)

  1. 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.

    YearBangorUK
    2012103293,728
    2011118314,524
    2010161342,233
    20097533,787
    20082220,296
    Record Year2010 (161)2009 (533,787)
    Dissolved Companies by Year
  2. 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)BangorUK
    201246145,934
    201158152,213
    % change-20.7%-4.1%
    Record Year2010 (114)2009 (244,543)
    Dissolved Companies by Half Year
  3. 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)BangorUK
    20122370,026
    20112979,983
    % change-20.7%-12.4%
    Record Year 2010 (58) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012887
    Closed companies in 20119911
    % change-11.1%-11.1%-36%
    Record Year2010 (47)2011 (9)2011 (11)

Net Company Growth

  1. 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.

    YearBangorUK
    201244198,165
    201122138,346
    2010-4058,125
    200989-171,112
    2008173237,353
    Record Year2007 (173)2003 (242,541)
    Net Growth by Year
  2. 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)BangorUK
    20122092,809
    2011571,922
    Record Year2009 (56)2003 (117,772)
    Net Growth by Half Year
  3. 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)BangorUK
    20121649,849
    2011429,640
    Record Year 2009 (23) 2003 (57,175)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 2012493
    Net growth in 201106-2
    Record Year2009 (8)2012 (9)2010 (6)

UK Company Share

  1. 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.

    YearBangor
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960)1965 (0.1%)
    Company Share by Year
  2. 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
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Half Year
  3. 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
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1968 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.0%0.0%0.0%
    UK formation share in 20110.0%0.0%0.0%
    % change11.6%7.8%8.2%
    Record Year1964 (0.3%)1978 (0.3%)1965 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    BANGOR2.32%CONSULTING5.15%
    (NI)2.32%MANAGEMENT4.78%
    MANAGEMENT1.99%CONSULTANCY3.31%
    MANUFACTURING1.32%PROPERTY2.40%
    MANGO1.32%TRADING2.03%
    DESIGN0.99%DESIGN1.86%
    DAY0.99%ASSOCIATES1.82%
    NESBITT0.99%ENGINEERING1.79%
    HOSPITALITY0.99%BUSINESS1.76%
    CARE0.99%CONSULTANTS1.75%
    TRADING0.66%CONSTRUCTION1.69%
    L0.66%LONDON1.69%
    B0.66%MEDIA1.69%
    CLINIC0.66%GLOBAL1.59%
    RESTAURANT0.66%J1.57%
    ENGINEERING0.66%INVESTMENTS1.46%
    BAR0.66%IT1.43%
    ENTERPRISES0.66%CARE1.39%
    DIRECT0.66%PROPERTIES1.34%
    CLEANING0.66%M1.26%
    BALLYHOLME0.66%BUILDING1.23%
    CONSULTANCY0.66%ENTERPRISES1.21%
    WILSON0.66%TRAINING1.18%
    RATHGAEL0.66%ELECTRICAL1.17%
    BELFAST0.66%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied53236,139
    99999 - Dormant Company1140,648
    96020 - Hairdressing and other beauty treatment84,759
    96090 - Other service activities not elsewhere classified822,058
    56102 - Unlicensed restaurants and cafes72,936
    56290 - Other food services62,833
    68100 - Buying and selling of own real estate64,752
    56101 - Licensed restaurants56,400
    74909 - Other professional, scientific and technical activities not elsewhere classified415,572
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating42,758
    70229 - Management consultancy activities other than financial management430,396
    62012 - Business and domestic software development47,446
    56103 - Take-away food shops and mobile food stands45,132
    98000 - Residents property management44,377
    62020 - Information technology consultancy activities323,256
    47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store31,228
    47910 - Retail sale via mail order houses or via Internet36,307
    41100 - Development of building projects37,980
    72190 - Other research and experimental development on natural sciences and engineering31,011
    82990 - Other business support service activities not elsewhere classified352,427

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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

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