Belfast, Belfast

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Belfast when compared to any previous Q1.
  • Q1 2010 was a record quarter for company closures in Belfast when compared to any quarter in history.
  • March 2010 saw a new record in company closures in Belfast when compared to any previous March.
  • March 2010 was a record month for company closures in Belfast when compared to any month in history.
  • February 2010 saw a new record in company closures in Belfast when compared to any previous February.
  • January 2010 saw a new record in company closures in Belfast when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 302 companies were registered in Belfast during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 42.5% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BelfastUK
    2010302105,137
    200921291,034
    % change42.5%15.5%
    Record Year 2007 (348) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20107893131
    New companies in 2009567383
    % change39.3%27.4%57.8%
    Record Year2006 (101)2006 (100)2007 (151)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Belfast when compared to any previous Q1.

    Q1 2010 was a record quarter for company closures in Belfast when compared to any quarter in history.

    A total of 66 companies were dissolved in Belfast during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 3,200.0% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)BelfastUK
    20106682,677
    20092108,060
    % change3,200.0%-23.5%
    Record Year 2010 (66) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company closures in Belfast when compared to any previous March.

    March 2010 was a record month for company closures in Belfast when compared to any month in history.

    February 2010 saw a new record in company closures in Belfast when compared to any previous February.

    January 2010 saw a new record in company closures in Belfast when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20105556
    Closed companies in 20105556
    % change0.0%0.0%0%
    Record Year2010 (5)2010 (5)2010 (56)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Belfast during the first quarter of 2010 (Jan 2010 - Mar 2010) was 236 companies.

    first quarter (Jan 2010 - Mar 2010)BelfastUK
    201023622,460
    2009210-17,026
    Record Year 2006 (319) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010738875
    Net growth in 20048999104
    Record Year2004 (89)2006 (99)2000 (104)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Belfast formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Belfast
    20100.3%
    20090.2%
    20080.3%
    20070.2%
    20060.3%
    Record Year (since 1960) 1968 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.2%0.3%0.2%
    % change29.2%9.1%31.1%
    Record Year1968 (1.8%)1964 (1.2%)1979 (13.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.4.

    The percentage of directors under the age of 25 was 0.9% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Belfast was in 1861 when 40.0% of all directors were female.

    22.9% of all director appointments in Belfast in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    (NI)3.36%MANAGEMENT5.01%
    MANAGEMENT2.56%CONSULTING4.60%
    IRELAND2.08%CONSULTANCY2.87%
    DR.1.77%PROPERTY2.50%
    PROPERTY1.34%ASSOCIATES2.04%
    CONSULTING1.34%TRADING1.93%
    DEVELOPMENTS1.22%DESIGN1.91%
    BELFAST1.22%CONSTRUCTION1.87%
    NI1.16%MEDIA1.84%
    ENTERPRISES1.04%BUSINESS1.74%
    TRADING0.98%INTERNATIONAL1.73%
    ENGINEERING0.85%CONSULTANTS1.63%
    PROPERTIES0.79%ENGINEERING1.54%
    CONSTRUCTION0.67%J1.48%
    HOUSE0.61%LONDON1.45%
    CO0.61%INVESTMENTS1.45%
    HOLDINGS0.55%GROUP1.37%
    DESIGN0.55%GLOBAL1.35%
    ENERGY0.55%PROPERTIES1.35%
    INNS0.55%BUILDING1.34%
    (IRELAND)0.49%CARE1.33%
    (2009)0.49%ELECTRICAL1.30%
    GROUP0.49%M1.28%
    NORTHERN0.49%SYSTEMS1.25%
    SARCON0.49%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied745228,645
    7487 - Other business activities14174,904
    99999 - Dormant Company9113,808
    9999 - Dormant Company8719,948
    82990 - Other business support service activities not elsewhere classified6726,974
    98000 - Residents property management613,892
    41100 - Development of building projects324,513
    68100 - Buying and selling of own real estate312,973
    70229 - Management consultancy activities other than financial management3014,007
    96090 - Other service activities not elsewhere classified268,154
    7011 - Development & sell real estate265,300
    62090 - Other information technology service activities256,340
    68320 - Management of real estate on a fee or contract basis233,169
    74990 - Non-trading company198,149
    68209 - Other letting and operating of own or leased real estate194,131
    9800 - Residents Property Management192,185
    4521 - General construction & civil engineering199,325
    62020 - Information technology consultancy activities189,943
    86900 - Other human health activities173,445
    7414 - Business & management consultancy1717,003

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI602475 HJSS LIMITED 12 Mar 2010
    NI602487 CREGGANCONROE WINDFARM LIMITED 15 Mar 2010
    NI602527 3CB LTD 17 Mar 2010
    NI602566 LONDON (AI) LIMITED 22 Mar 2010
    NI602694 VALENCIA ENTERPRISES LIMITED 31 Mar 2010
    NI602699 FINLAY M&E ENGINEERING SERVICES LIMITED 31 Mar 2010
    NI602323 COMMUNITY MEDIA COUNCIL FOR NORTHERN IRELAND LIMITED 01 Mar 2010
    NI602696 MKB RUSSELLS SERVICES LIMITED 31 Mar 2010
    NI602480 D.S.M. CONTRACTS LIMITED 15 Mar 2010
    NI602593 SOPHIA SEARCH ENGINE LIMITED 23 Mar 2010
    NI602358 ALASTAIR COEY ARCHITECTS LTD 03 Mar 2010
    NI602433 BRIAN WITHERS & CO LIMITED 10 Mar 2010
    NI602683 J&MD PROPERTY SERVICES LTD 30 Mar 2010
    NI602533 P THORNBERRY SOLUTIONS LIMITED 17 Mar 2010
    NI602395 ERICA STARLING PRODUCTIONS LTD 05 Mar 2010
    NI602628 THE MOSAIC HOUSE LTD 24 Mar 2010
    NI602399 VOLUNTEER NOW 05 Mar 2010
    NI602426 TOWNSEND (NEWTOWNARDS) LIMITED 09 Mar 2010
    NI602544 FULL CIRCLE MANAGEMENT SOLUTIONS LIMITED 18 Mar 2010
    NI602482 T MURPHY & CO LIMITED 15 Mar 2010
    NI602519 PACON INNS LIMITED 16 Mar 2010
    NI602538 SPRINGFIELD DEVELOPMENT MANAGEMENT COMPANY LIMITED 17 Mar 2010
    NI602572 MARLBOROUGH PARK MANAGEMENT COMPANY LIMITED 22 Mar 2010
    NI602627 WESTLAND (GB TRADING) LIMITED 24 Mar 2010
    NI602313 EASY DATA RECOVERY LTD 01 Mar 2010