Bangor, County Down
2014 Annual Business Confidence Report
Headlines
- The second half of 2014 saw a new record in company registrations in Bangor when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Bangor when compared to any previous Q4.
- November 2014 saw a new record in company registrations in Bangor when compared to any previous November.
- November 2014 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 (2014)
A total of 151 companies were formed in Bangor in 2014. This total is 0.0% the same as in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Bangor UK 2014 151 582,051 2013 151 529,363 2012 147 491,893 2011 140 452,870 2010 121 400,358 Record Year 2007 (175) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Bangor when compared to any previous second half year.
In the second half of 2014 a total of 75 companies were formed in Bangor. This figure is 10.3% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Bangor occurred in 2014 when a total of 75 were formed.
Half Year (Jul-Dec) Bangor UK 2014 75 281,320 2013 68 259,931 % change 10.3% 8.2% Record Year 2014 (75) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Bangor when compared to any previous Q4.
A total of 42 companies were registered in Bangor during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 40.0% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bangor UK 2014 42 137,906 2013 30 127,247 % change 40.0% 8.4% Record Year 2014 (42) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 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 2014 14 18 10 New companies in 2013 17 5 8 % change -17.6% 260.0% 25.0% Record Year 2013 (17) 2014 (18) 2006 (15)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 102 companies were dissolved in Bangor in 2014. This total is 20.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Bangor UK 2014 102 367,937 2013 85 332,213 2012 103 293,729 2011 118 314,524 2010 161 342,233 Record Year 2010 (161) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 54 companies were dissolved in Bangor. This figure is 28.6% higher than last year, which compares badly to the UK wide change of 7.7%.
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 2014 54 190,730 2013 42 177,021 % change 28.6% 7.7% Record Year 2010 (114) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 34 companies were dissolved in Bangor during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 70.0% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bangor UK 2014 34 89,060 2013 20 90,851 % change 70.0% -2.0% Record Year 2010 (58) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 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 2014 11 19 4 Closed companies in 2013 7 9 4 % change 57.1% 111.1% 0% Record Year 2010 (47) 2014 (19) 2011 (11)
Net Company Growth
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Annual Data (2014)
A total of 49 companies were added to the company register for Bangor in 2014. This number represents growth of 32.5% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 17 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 2014 49 214,114 2013 66 197,150 2012 44 198,164 2011 22 138,346 2010 -40 58,125 Record Year 2007 (173) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Bangor increased by 21 companies.
Half Year (Jul-Dec) Bangor UK 2014 21 90,590 2013 26 82,910 Record Year 2007 (72) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Bangor during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 8 companies.
fourth quarter (Oct 2014 - Dec 2014) Bangor UK 2014 8 48,846 2013 10 36,396 Record Year 2006 (39) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 3 -1 6 Net growth in 2013 10 -4 4 Record Year 2002 (15) 2003 (16) 2006 (15)
UK Company Share
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Annual Data (2014)
In 2014 Bangor formed 0.0% of all UK companies. This is no change on 2013 when Bangor was responsible for 0.0% of all UK companies.
Year Bangor 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1965 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Bangor formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.
Half Year (Jul-Dec) Bangor 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1968 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Bangor formed 0.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Bangor 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1978 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change -21.6% 241.4% 7.4% Record Year 1985 (0.1%) 1956 (0.3%) 1930 (1.0%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.1.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 44.8.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.9.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.2% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 37.8%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Bangor was 2012 when 40.9% of all directors were female.
33.3% of all director appointments in Bangor in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Bangor was in 2012 when 39.1% of all directors were female.
32.0% of all director appointments in Bangor in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.66% CONSULTING 5.22% MANAGEMENT 2.66% MANAGEMENT 4.58% (NI) 1.66% CONSULTANCY 3.57% PROPERTY 1.00% PROPERTY 2.66% BANGOR 1.00% CONSTRUCTION 2.12% ENGINEERING 1.00% ENGINEERING 2.10% ESTATES 0.66% CARE 2.02% NI 0.66% TRADING 1.94% C.I.C. 0.66% LONDON 1.93% RDA 0.66% TRANSPORT 1.93% FINANCIAL 0.66% DESIGN 1.66% FOOD 0.66% CONSULTANTS 1.64% TRAINING 0.66% ELECTRICAL 1.62% RED 0.66% PROPERTIES 1.62% N.I 0.66% BUSINESS 1.56% ELECTRICS 0.66% J 1.54% CATERING 0.66% CO., 1.50% KELLY 0.66% GLOBAL 1.49% BUSINESS 0.66% INVESTMENTS 1.48% W 0.66% ASSOCIATES 1.47% ENVIRONMENTAL 0.66% DEVELOPMENTS 1.35% ROAD 0.66% MEDIA 1.33% CONSULTANCY 0.66% IT 1.31% NORTHERN 0.66% BUILDING 1.29% IRELAND 0.66% M 1.22%
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 47 265,608 70229 - Management consultancy activities other than financial management 11 42,290 56101 - Licensed restaurants 10 8,782 99999 - Dormant Company 10 48,509 62020 - Information technology consultancy activities 10 30,178 82990 - Other business support service activities not elsewhere classified 9 58,068 43999 - Other specialised construction activities not elsewhere classified 8 8,761 41100 - Development of building projects 5 11,397 45200 - Maintenance and repair of motor vehicles 5 5,425 68100 - Buying and selling of own real estate 5 7,106 96090 - Other service activities not elsewhere classified 5 29,009 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store 4 1,523 68209 - Other letting and operating of own or leased real estate 4 11,212 69102 - Solicitors 4 2,677 82200 - Activities of call centres 4 351 56102 - Unlicensed restaurants and cafes 4 4,745 86900 - Other human health activities 4 12,976 62012 - Business and domestic software development 4 9,752 64999 - Financial intermediation not elsewhere classified 3 6,083 86230 - Dental practice activities 3 2,164
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI628184 DECARITAS LTD 04 Dec 2014 NI628221 BATTLESTORE LTD 08 Dec 2014 NI628225 HATCHING HOMES LIMITED 08 Dec 2014 NI628252 W KANE PROPERTY LTD 10 Dec 2014 NI628309 19ATBLACKWOOD LTD 12 Dec 2014 NI628238 CASTLEBAWN DENTAL LABORATORY LTD 09 Dec 2014 NI628253 HAZELDENE CONSULTING LIMITED 10 Dec 2014 NI628284 BARTONKEYS LIMITED 11 Dec 2014 NI628323 MESSRSMERCER LIMITED 15 Dec 2014 NI628336 KG PROMOTIONS LTD 16 Dec 2014