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
New Company Registrations
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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) Belfast UK 2010 609 203,749 2009 443 182,021 % change 37.5% 11.9% Record Year 2007 (735) 2007 (279,097) New Companies by Half Year
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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) Belfast UK 2010 307 98,612 2009 231 90,987 % change 32.9% 8.4% Record Year 2007 (387) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 83 108 116 New companies in 2009 71 84 76 % change 16.9% 28.6% 52.6% Record Year 2005 (133) 2007 (154) 2007 (142)
Closed Companies (dissolved)
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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) Belfast UK 2010 472 177,631 2009 7 289,236 % change 6,642.9% -38.6% Record Year 2010 (472) 2009 (289,236) Dissolved Companies by Half Year
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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) Belfast UK 2010 406 94,954 2009 5 181,176 % change 8,020.0% -47.6% Record Year 2010 (406) 2009 (181,176) Dissolved Companies by Quarter
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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
April May June Closed companies in 2010 85 259 62 Closed companies in 2010 85 259 62 % change 0.0% 0.0% 0% Record Year 2010 (85) 2010 (259) 2010 (62)
Net Company Growth
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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) Belfast UK 2010 137 26,118 2009 436 -107,215 Record Year 2006 (600) 2007 (171,296) Net Growth by Half Year
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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) Belfast UK 2010 -99 3,658 2009 226 -90,189 Record Year 2005 (365) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 -2 -151 54 Net growth in 1996 34 115 77 Record Year 1996 (34) 2004 (115) 2000 (77)
UK Company Share
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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 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1968 (1.3%) Company Share by Half Year
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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 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.2% 0.4% 0.3% UK formation share in 2009 0.2% 0.3% 0.2% % change 7.5% 22.5% 37.3% Record Year 1979 (13.8%) 1968 (1.6%) 1960 (1.6%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 2.92% MANAGEMENT 5.01% MANAGEMENT 2.41% CONSULTING 4.79% IRELAND 1.72% CONSULTANCY 3.02% DR. 1.66% PROPERTY 2.40% BELFAST 1.49% ASSOCIATES 2.02% CONSULTING 1.32% TRADING 2.01% PROPERTY 1.20% DESIGN 1.91% NI 1.09% CONSTRUCTION 1.85% DEVELOPMENTS 1.03% MEDIA 1.80% ENTERPRISES 0.97% BUSINESS 1.75% TRADING 0.92% CONSULTANTS 1.71% WINDFARM 0.80% INTERNATIONAL 1.59% ENGINEERING 0.80% ENGINEERING 1.56% CO 0.74% LONDON 1.52% CONSTRUCTION 0.74% INVESTMENTS 1.49% PROPERTIES 0.69% J 1.46% (IRELAND) 0.63% CARE 1.41% HOLDINGS 0.57% GLOBAL 1.39% NORTHERN 0.57% PROPERTIES 1.35% MEDIA 0.52% BUILDING 1.33% (BELFAST) 0.52% M 1.29% DESIGN 0.52% IT 1.28% (N.I.) 0.52% ELECTRICAL 1.27% CARE 0.52% GROUP 1.25% ENERGY 0.46% DEVELOPMENTS 1.25%
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 651 207,125 7487 - Other business activities 148 68,525 99999 - Dormant Company 83 14,342 9999 - Dormant Company 81 19,842 82990 - Other business support service activities not elsewhere classified 60 25,942 98000 - Residents property management 54 3,540 70229 - Management consultancy activities other than financial management 30 13,490 96090 - Other service activities not elsewhere classified 24 7,922 7011 - Development & sell real estate 23 4,579 68320 - Management of real estate on a fee or contract basis 22 3,070 62090 - Other information technology service activities 20 5,854 9800 - Residents Property Management 20 2,100 4521 - General construction & civil engineering 20 8,262 41100 - Development of building projects 19 3,945 86900 - Other human health activities 19 3,450 9305 - Other service activities 18 8,822 74990 - Non-trading company 18 7,893 68100 - Buying and selling of own real estate 17 2,601 5530 - Restaurants 16 4,879 7414 - Business & management consultancy 16 14,598
Recent Companies
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Randomly selected companies from this quarter
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