Bangor, County Down
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- October 2013 saw a new record in company registrations in Bangor when compared to any previous October.
- November 2013 saw a new record in company closures in Bangor when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2013)
A total of 151 companies were formed in Bangor in 2013. This total is 2.7% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Bangor UK 2013 151 529,363 2012 147 491,893 2011 140 452,870 2010 121 400,358 2009 96 362,675 Record Year 2007 (175) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 68 companies were formed in Bangor. This figure is 3.0% higher than last year, which compares badly to the UK wide figure of 8.9%.
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 2013 68 259,931 2012 66 238,743 % change 3.0% 8.9% Record Year 2007 (72) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 30 companies were registered in Bangor during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 23.1% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Bangor UK 2013 30 127,247 2012 39 119,875 % change -23.1% 6.1% Record Year 2012 (39) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company registrations in Bangor when compared to any previous October.
New Companies by Month
October November December New companies in 2013 17 5 8 New companies in 2012 12 17 10 % change 41.7% -70.6% -20.0% Record Year 2013 (17) 2012 (17) 2006 (15)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 85 companies were dissolved in Bangor in 2013. This total is 17.5% lower than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Bangor UK 2013 85 332,213 2012 103 293,729 2011 118 314,524 2010 161 342,233 2009 7 533,789 Record Year 2010 (161) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 42 companies were dissolved in Bangor. This figure is 8.7% lower than last year, which compares well to the UK wide change of 21.3%.
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 2013 42 177,021 2012 46 145,935 % change -8.7% 21.3% Record Year 2010 (114) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 20 companies were dissolved in Bangor during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 13.0% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Bangor UK 2013 20 90,851 2012 23 70,027 % change -13.0% 29.7% Record Year 2010 (58) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 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 2013 7 9 4 Closed companies in 2012 8 8 7 % change -12.5% 12.5% -43% Record Year 2010 (47) 2013 (9) 2011 (11)
Net Company Growth
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Annual Data (2013)
A total of 66 companies were added to the company register for Bangor in 2013. This number represents growth of 43.7% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
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 2013 66 197,150 2012 44 198,164 2011 22 138,346 2010 -40 58,125 2009 89 -171,114 Record Year 2007 (173) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Bangor increased by 26 companies.
Half Year (Jul-Dec) Bangor UK 2013 26 82,910 2012 20 92,808 Record Year 2007 (72) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Bangor during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 10 companies.
fourth quarter (Oct 2013 - Dec 2013) Bangor UK 2013 10 36,396 2012 16 49,848 Record Year 2006 (39) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 10 -4 4 Net growth in 2012 4 9 3 Record Year 2002 (15) 2003 (16) 2006 (15)
UK Company Share
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Annual Data (2013)
In 2013 Bangor formed 0.0% of all UK companies. This is no change on 2012 when Bangor was responsible for 0.0% of all UK companies.
Year Bangor 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Bangor formed 0.0% of all UK companies. This is the same as the 2012 figure of 0.0%.
Half Year (Jul-Dec) Bangor 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1968 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Bangor formed 0.0% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Bangor 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% 2009 0.0% Record Year (since 1960) 1978 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.0% 0.0% 0.0% UK formation share in 2012 0.0% 0.0% 0.0% % change 31.9% -71.1% -27.4% Record Year 1985 (0.1%) 1956 (0.3%) 1930 (1.0%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 45.6.
The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.9.
The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 46.6.
The percentage of directors under the age of 25 was 8.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Bangor was 1956 when 100.0% of all directors were female.
The percentage of female directors in Bangor in 2013 was 34.0%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Bangor was 2012 when 40.9% of all directors were female.
34.5% of all director appointments in Bangor in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Bangor was in 2012 when 39.1% of all directors were female.
33.8% of all director appointments in Bangor in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 4.01% CONSULTING 5.22% MANAGEMENT 1.67% MANAGEMENT 4.72% CONSULTING 1.67% CONSULTANCY 3.45% N.I. 1.34% PROPERTY 2.59% IN 1.00% TRADING 2.08% ENTERPRISES 1.00% ENGINEERING 1.87% DEVELOPMENTS 1.00% LONDON 1.86% BOX 1.00% DESIGN 1.76% GOLD 0.67% CONSTRUCTION 1.73% W 0.67% CARE 1.73% CO 0.67% BUSINESS 1.71% FINANCIAL 0.67% CONSULTANTS 1.68% LED 0.67% GLOBAL 1.58% S 0.67% INVESTMENTS 1.56% BALLYHOLME 0.67% PROPERTIES 1.54% BLUEBUILD 0.67% ASSOCIATES 1.53% TRADING 0.67% J 1.51% INTERIORS 0.67% MEDIA 1.50% MODEL 0.67% IT 1.35% SOFTWARE 0.67% DEVELOPMENTS 1.23% GARDENS 0.67% M 1.23% SHOP 0.67% BUILDING 1.21% RESOURCES 0.67% ELECTRICAL 1.20% DESIGN 0.67% CAPITAL 1.19% CONSULTANCY 0.67% ENERGY 1.14%
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 70 266,814 99999 - Dormant Company 12 46,762 96090 - Other service activities not elsewhere classified 8 26,001 56101 - Licensed restaurants 8 7,685 96020 - Hairdressing and other beauty treatment 8 6,000 56102 - Unlicensed restaurants and cafes 7 3,873 68100 - Buying and selling of own real estate 6 5,656 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store 6 1,360 45200 - Maintenance and repair of motor vehicles 5 4,987 56103 - Take-away food shops and mobile food stands 5 7,010 56290 - Other food services 5 3,837 86230 - Dental practice activities 5 2,030 62020 - Information technology consultancy activities 5 27,183 43999 - Other specialised construction activities not elsewhere classified 5 7,823 69102 - Solicitors 4 2,474 56302 - Public houses and bars 4 5,503 47710 - Retail sale of clothing in specialised stores 4 2,953 82200 - Activities of call centres 4 293 70229 - Management consultancy activities other than financial management 4 36,164 47910 - Retail sale via mail order houses or via Internet 4 8,879
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI620666 BLUEBUILD RECYCLING LTD 01 Oct 2013 NI620728 BLUEBUILD DEVELOPMENTS LTD 03 Oct 2013 NI620827 VAQUERO TRADING LIMITED 09 Oct 2013 NI620991 SO VENTURES LTD 18 Oct 2013 NI621025 HYDE RESOURCES LTD 21 Oct 2013 NI621169 ALSOLD LIMITED 29 Oct 2013 NI621170 ALRENT LIMITED 29 Oct 2013 NI621209 ADAIR OPTICIANS LTD 31 Oct 2013 NI621217 MARVELS(NI) LTD 31 Oct 2013 NI620675 RIPPILZ LIMITED 01 Oct 2013 NI620712 GINGER BASKET LTD 02 Oct 2013 NI620722 ARTISAN MADE IN IRELAND LTD 03 Oct 2013 NI620756 BELL SURVEYORS LTD 04 Oct 2013 NI620878 DUFFY RETAIL LTD 11 Oct 2013 NI620928 WEE ROCK 24/7 LIMITED 14 Oct 2013 NI620929 BRIGHTSIDE PUBLISHING LIMITED 14 Oct 2013 NI621011 KAREN HUNTER TRAINING LTD 18 Oct 2013