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
New Company Registrations
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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) Belfast UK 2010 302 105,137 2009 212 91,034 % change 42.5% 15.5% Record Year 2007 (348) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 78 93 131 New companies in 2009 56 73 83 % change 39.3% 27.4% 57.8% Record Year 2006 (101) 2006 (100) 2007 (151)
Closed Companies (dissolved)
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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) Belfast UK 2010 66 82,677 2009 2 108,060 % change 3,200.0% -23.5% Record Year 2010 (66) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 5 5 56 Closed companies in 2010 5 5 56 % change 0.0% 0.0% 0% Record Year 2010 (5) 2010 (5) 2010 (56)
Net Company Growth
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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) Belfast UK 2010 236 22,460 2009 210 -17,026 Record Year 2006 (319) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 73 88 75 Net growth in 2004 89 99 104 Record Year 2004 (89) 2006 (99) 2000 (104)
UK Company Share
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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 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.2% 2006 0.3% Record Year (since 1960) 1968 (1.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.3% 0.3% UK formation share in 2009 0.2% 0.3% 0.2% % change 29.2% 9.1% 31.1% Record Year 1968 (1.8%) 1964 (1.2%) 1979 (13.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 3.36% MANAGEMENT 5.01% MANAGEMENT 2.56% CONSULTING 4.60% IRELAND 2.08% CONSULTANCY 2.87% DR. 1.77% PROPERTY 2.50% PROPERTY 1.34% ASSOCIATES 2.04% CONSULTING 1.34% TRADING 1.93% DEVELOPMENTS 1.22% DESIGN 1.91% BELFAST 1.22% CONSTRUCTION 1.87% NI 1.16% MEDIA 1.84% ENTERPRISES 1.04% BUSINESS 1.74% TRADING 0.98% INTERNATIONAL 1.73% ENGINEERING 0.85% CONSULTANTS 1.63% PROPERTIES 0.79% ENGINEERING 1.54% CONSTRUCTION 0.67% J 1.48% HOUSE 0.61% LONDON 1.45% CO 0.61% INVESTMENTS 1.45% HOLDINGS 0.55% GROUP 1.37% DESIGN 0.55% GLOBAL 1.35% ENERGY 0.55% PROPERTIES 1.35% INNS 0.55% BUILDING 1.34% (IRELAND) 0.49% CARE 1.33% (2009) 0.49% ELECTRICAL 1.30% GROUP 0.49% M 1.28% NORTHERN 0.49% SYSTEMS 1.25% SARCON 0.49% S 1.23%
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 745 228,645 7487 - Other business activities 141 74,904 99999 - Dormant Company 91 13,808 9999 - Dormant Company 87 19,948 82990 - Other business support service activities not elsewhere classified 67 26,974 98000 - Residents property management 61 3,892 41100 - Development of building projects 32 4,513 68100 - Buying and selling of own real estate 31 2,973 70229 - Management consultancy activities other than financial management 30 14,007 96090 - Other service activities not elsewhere classified 26 8,154 7011 - Development & sell real estate 26 5,300 62090 - Other information technology service activities 25 6,340 68320 - Management of real estate on a fee or contract basis 23 3,169 74990 - Non-trading company 19 8,149 68209 - Other letting and operating of own or leased real estate 19 4,131 9800 - Residents Property Management 19 2,185 4521 - General construction & civil engineering 19 9,325 62020 - Information technology consultancy activities 18 9,943 86900 - Other human health activities 17 3,445 7414 - Business & management consultancy 17 17,003
Recent Companies
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Randomly selected companies from this quarter
reports
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