Belfast, Belfast

2010 Half Year Business Confidence Report

Headlines

  • The first half of 2010 saw a new record in company closures in Belfast when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company closures in Belfast when compared to any half year in history.
  • Q2 2010 saw a new record in company closures in Belfast when compared to any previous Q2.
  • Q2 2010 was a record quarter for company closures in Belfast when compared to any quarter in history.
  • June 2010 saw a new record in company closures in Belfast when compared to any previous June.
  • May 2010 saw a new record in company closures in Belfast when compared to any previous May.
  • May 2010 was a record month for company closures in Belfast when compared to any month in history.
  • April 2010 saw a new record in company closures in Belfast when compared to any previous April.
  • April 2010 was a record month for company closures in Belfast when compared to any month in history.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 609 companies were formed in Belfast. This figure is 37.5% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Belfast occurred in 2007 when a total of 735 were formed.

    Half Year (Jan-Jun)BelfastUK
    2010609203,749
    2009443182,021
    % change37.5%11.9%
    Record Year2007 (735)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 307 companies were registered in Belfast during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 32.9% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)BelfastUK
    201030798,612
    200923190,987
    % change32.9%8.4%
    Record Year 2007 (387) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 201083108116
    New companies in 2009718476
    % change16.9%28.6%52.6%
    Record Year2005 (133)2007 (154)2007 (142)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company closures in Belfast when compared to any previous first half year.

    The first half of 2010 was a record first half year for company closures in Belfast when compared to any half year in history.

    In the first half of 2010 a total of 472 companies were dissolved in Belfast. This figure is 6,642.9% higher than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Belfast occurred in 2010 when a total of 472 were closed.

    Half Year (Jan-Jun)BelfastUK
    2010472177,631
    20097289,236
    % change6,642.9%-38.6%
    Record Year2010 (472)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company closures in Belfast when compared to any previous Q2.

    Q2 2010 was a record quarter for company closures in Belfast when compared to any quarter in history.

    A total of 406 companies were dissolved in Belfast during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 8,020.0% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)BelfastUK
    201040694,954
    20095181,176
    % change8,020.0%-47.6%
    Record Year 2010 (406) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

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

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

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

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

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

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20108525962
    Closed companies in 20108525962
    % change0.0%0.0%0%
    Record Year2010 (85)2010 (259)2010 (62)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Belfast increased by 137 companies.

    Half Year (Jan-Jun)BelfastUK
    201013726,118
    2009436-107,215
    Record Year2006 (600)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Belfast during the second quarter of 2010 (Apr 2010 - Jun 2010) was -99 companies.

    second quarter (Apr 2010 - Jun 2010)BelfastUK
    2010-993,658
    2009226-90,189
    Record Year 2005 (365) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010-2-15154
    Net growth in 19963411577
    Record Year1996 (34)2004 (115)2000 (77)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Belfast formed 0.3% of all UK companies. This is more than the 2009 figure of 0.2%.

    Half Year (Jan-Jun)Belfast
    20100.3%
    20090.2%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1968 (1.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

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

    second quarter (Apr 2010 - Jun 2010)Belfast
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1968 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.2%0.4%0.3%
    UK formation share in 20090.2%0.3%0.2%
    % change7.5%22.5%37.3%
    Record Year1979 (13.8%)1968 (1.6%)1960 (1.6%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 43.7.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 42.9.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

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

    23.7% of all director appointments in Belfast in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Belfast was in 1866 when 66.7% of all directors were female.

    24.5% of all director appointments in Belfast in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)2.92%MANAGEMENT5.01%
    MANAGEMENT2.41%CONSULTING4.79%
    IRELAND1.72%CONSULTANCY3.02%
    DR.1.66%PROPERTY2.40%
    BELFAST1.49%ASSOCIATES2.02%
    CONSULTING1.32%TRADING2.01%
    PROPERTY1.20%DESIGN1.91%
    NI1.09%CONSTRUCTION1.85%
    DEVELOPMENTS1.03%MEDIA1.80%
    ENTERPRISES0.97%BUSINESS1.75%
    TRADING0.92%CONSULTANTS1.71%
    WINDFARM0.80%INTERNATIONAL1.59%
    ENGINEERING0.80%ENGINEERING1.56%
    CO0.74%LONDON1.52%
    CONSTRUCTION0.74%INVESTMENTS1.49%
    PROPERTIES0.69%J1.46%
    (IRELAND)0.63%CARE1.41%
    HOLDINGS0.57%GLOBAL1.39%
    NORTHERN0.57%PROPERTIES1.35%
    MEDIA0.52%BUILDING1.33%
    (BELFAST)0.52%M1.29%
    DESIGN0.52%IT1.28%
    (N.I.)0.52%ELECTRICAL1.27%
    CARE0.52%GROUP1.25%
    ENERGY0.46%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied651207,125
    7487 - Other business activities14868,525
    99999 - Dormant Company8314,342
    9999 - Dormant Company8119,842
    82990 - Other business support service activities not elsewhere classified6025,942
    98000 - Residents property management543,540
    70229 - Management consultancy activities other than financial management3013,490
    96090 - Other service activities not elsewhere classified247,922
    7011 - Development & sell real estate234,579
    68320 - Management of real estate on a fee or contract basis223,070
    62090 - Other information technology service activities205,854
    9800 - Residents Property Management202,100
    4521 - General construction & civil engineering208,262
    41100 - Development of building projects193,945
    86900 - Other human health activities193,450
    9305 - Other service activities188,822
    74990 - Non-trading company187,893
    68100 - Buying and selling of own real estate172,601
    5530 - Restaurants164,879
    7414 - Business & management consultancy1614,598

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI603054 CATERPILLAR TRAINING NI LIMITED 06 May 2010
    NI603066 ADVENT WIND LTD 06 May 2010
    NI603103 PINNACLE BUSINESS SUPPORT LIMITED 11 May 2010
    NI603107 FTM CONSULTING LIMITED 11 May 2010
    NI603135 JAR TECHNOLOGIES LIMITED 13 May 2010
    NI603219 KI NETWORK SOLUTIONS LIMITED 21 May 2010
    NI603251 INTERCULTURES LTD 25 May 2010
    NI603293 TULLYNEIL WINDFARM LIMITED 27 May 2010
    NI603057 ONE ONE SEVEN LISBURN ROAD MANAGEMENT COMPANY LTD 06 May 2010
    NI603259 THE TAPE MUSIC COMPANY LIMITED 25 May 2010
    NI603263 CFR 67 LIMITED 25 May 2010
    NI603307 ELITE HEALTHCARE RECRUITMENT LTD 28 May 2010
    NI603227 TECH EDIRECT LTD 24 May 2010
    NI603250 BETTERHOMES (UK) LTD 25 May 2010
    NI603146 PA2DAY LTD 14 May 2010
    NI603182 ANMAC LIMITED 19 May 2010
    NI603025 DRAIN DOCTOR (N. IRELAND) LTD 04 May 2010
    NI603118 JAR SUPPLIES LTD 12 May 2010
    NI603195 BLUE GREEN PLANET UK LIMITED 19 May 2010
    NI603248 BALLYNAHINCH CRECHE LIMITED 25 May 2010
    NI603090 OCCUPATIONAL THERAPY SERVICES IRELAND LIMITED 10 May 2010
    NI603053 BELFAST MUSIC ACADEMY LTD 06 May 2010
    NI603064 SEARCH SCIENTIST LTD 06 May 2010
    NI603126 TAYLOR AGENCIES (2010) LIMITED 12 May 2010
    NI603239 SONICWALL 4U LIMITED 25 May 2010