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
    NI601755 BELFAST CIVIC TRUST LIMITED 07 Jan 2010
    NI601926 BUILDING PROCUREMENT SERVICES LIMITED 26 Jan 2010
    NI601949 BDO NI OUTSOURCING LIMITED 28 Jan 2010
    NI601803 DONUT LTD 13 Jan 2010
    NI601812 ADVANCED HANDLING SYSTEMS LIMITED 13 Jan 2010
    NI601856 DBS ENTERPRISES LTD 19 Jan 2010
    NI601943 THE CHAIR COMPANY (N I) LIMITED 28 Jan 2010
    NI601969 THEME PARK TICKETS DIRECT LIMITED 29 Jan 2010
    NI601841 PBG IRELAND LTD 15 Jan 2010
    NI601769 D G M C ENGINEERING LIMITED 08 Jan 2010
    NI601919 JORDANS HONEY BUTTER LIMITED 26 Jan 2010
    NI601775 DR. CHRISTINE JENNINGS RADIOLOGY LTD 08 Jan 2010
    NI601788 WIRELESS ESSENCE MARKETING LIMITED 12 Jan 2010
    NI601902 DISCOVERY WATER LTD 22 Jan 2010
    NI601764 AGNIESZKA & ROBERT GILMOUR ARCHITECTS LTD 08 Jan 2010
    NI601869 ORIENTAL ORCHID LIMITED 20 Jan 2010
    NI601870 NW AVIATION LTD 20 Jan 2010
    NI601895 PANA (MAN BELFAST) LTD 22 Jan 2010
    NI601942 CLONTARA LIMITED 28 Jan 2010
    NI601832 HYNDS ARCHITECTURAL SOLUTIONS LIMITED 14 Jan 2010
    NI601842 SALES CHANNEL NI LIMITED 15 Jan 2010
    NI601921 MELODY ENTERTAINMENT LIMITED 26 Jan 2010
    NI601815 MBC HOLDINGS LTD 13 Jan 2010
    NI601891 MBC DEVELOPMENTS IRELAND LTD 21 Jan 2010
    NI601925 C.M. DIRECT LTD 26 Jan 2010