Belfast, Belfast

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Belfast when compared to any previous Q3.
  • September 2010 saw a new record in company registrations in Belfast when compared to any previous September.
  • August 2010 saw a new record in company registrations in Belfast when compared to any previous August.
  • Q3 2010 saw a new record in company closures in Belfast when compared to any previous Q3.
  • Q3 2010 was a record quarter for company closures in Belfast when compared to any quarter in history.
  • September 2010 saw a new record in company closures in Belfast when compared to any previous September.
  • September 2010 was a record month for company closures in Belfast when compared to any month in history.
  • August 2010 saw a new record in company closures in Belfast when compared to any previous August.
  • July 2010 saw a new record in company closures in Belfast when compared to any previous July.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Belfast when compared to any previous Q3.

    A total of 320 companies were registered in Belfast during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 8.8% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)BelfastUK
    2010320101,492
    200929494,671
    % change8.8%7.2%
    Record Year 2010 (320) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    September 2010 saw a new record in company registrations in Belfast when compared to any previous September.

    August 2010 saw a new record in company registrations in Belfast when compared to any previous August.

    New Companies by Month
    JulyAugustSeptember
    New companies in 201076110134
    New companies in 20098287125
    % change-7.3%26.4%7.2%
    Record Year2004 (94)2010 (110)2010 (134)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company closures in Belfast when compared to any previous Q3.

    Q3 2010 was a record quarter for company closures in Belfast when compared to any quarter in history.

    A total of 570 companies were dissolved in Belfast during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 7,025.0% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)BelfastUK
    201057087,705
    20098159,401
    % change7,025.0%-45.0%
    Record Year 2010 (570) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

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

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

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 201087189294
    Closed companies in 201087189294
    % change0.0%0.0%0%
    Record Year2010 (87)2010 (189)2010 (294)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Belfast during the third quarter of 2010 (Jul 2010 - Sep 2010) was -250 companies.

    third quarter (Jul 2010 - Sep 2010)BelfastUK
    2010-25013,787
    2009286-64,730
    Record Year 2003 (292) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010-11-79-160
    Net growth in 19996087119
    Record Year1999 (60)2003 (87)2009 (119)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

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

    third quarter (Jul 2010 - Sep 2010)Belfast
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1968 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.2%0.3%0.4%
    UK formation share in 20090.3%0.3%0.4%
    % change-13.8%14.8%2.8%
    Record Year1968 (1.7%)1970 (1.5%)1962 (1.5%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 44.1.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Belfast was in 1862 when 50.0% of all directors were female.

    26.7% of all director appointments in Belfast in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.73%MANAGEMENT5.06%
    (NI)2.22%CONSULTING4.99%
    DR.1.84%CONSULTANCY3.12%
    BELFAST1.45%PROPERTY2.38%
    CONSULTING1.39%TRADING2.04%
    IRELAND1.39%ASSOCIATES2.01%
    PROPERTY1.28%DESIGN1.93%
    NI1.11%CONSTRUCTION1.86%
    LAGAN1.11%BUSINESS1.80%
    TRADING1.06%MEDIA1.75%
    CONSTRUCTION0.83%CONSULTANTS1.73%
    CO0.78%LONDON1.59%
    ENTERPRISES0.78%ENGINEERING1.59%
    WINDFARM0.78%INVESTMENTS1.49%
    DESIGN0.67%CARE1.44%
    DEVELOPMENTS0.61%J1.44%
    ENGINEERING0.61%INTERNATIONAL1.43%
    PROPERTIES0.56%GLOBAL1.42%
    (2010)0.56%IT1.35%
    MEDIA0.56%PROPERTIES1.35%
    ENERGY0.50%BUILDING1.32%
    (IRELAND)0.50%ELECTRICAL1.30%
    CARE0.50%M1.28%
    PRODUCTIONS0.50%SYSTEMS1.26%
    M0.50%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied594202,902
    7487 - Other business activities15169,802
    9999 - Dormant Company9121,484
    99999 - Dormant Company7814,072
    82990 - Other business support service activities not elsewhere classified5225,053
    98000 - Residents property management483,273
    70229 - Management consultancy activities other than financial management2913,161
    96090 - Other service activities not elsewhere classified247,767
    7414 - Business & management consultancy2214,940
    68320 - Management of real estate on a fee or contract basis212,962
    9305 - Other service activities219,454
    41100 - Development of building projects203,688
    8512 - Medical practice activities201,818
    7222 - Other software consultancy and supply198,183
    5530 - Restaurants185,181
    4521 - General construction & civil engineering187,634
    62090 - Other information technology service activities185,716
    86900 - Other human health activities173,361
    74990 - Non-trading company177,649
    7415 - Holding companies including head offices162,146

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI604010 KULAWE LIMITED 09 Aug 2010
    NI604022 LAGAN AGGREGATES LIMITED 09 Aug 2010
    NI604025 LAGAN WASTE SERVICES LIMITED 09 Aug 2010
    NI604028 LAGAN SLATE LIMITED 09 Aug 2010
    NI604043 LAGAN GROUP LIMITED 10 Aug 2010
    NI604086 RBR CAPITAL LIMITED 16 Aug 2010
    NI604098 OAKEY DOKEY PROPERTY LIMITED 16 Aug 2010
    NI603948 AES-MARCONI LIMITED 02 Aug 2010
    NI603955 I H BELFAST TEACHER TRAINING LIMITED 02 Aug 2010
    NI603975 HISYSTECH LIMITED 03 Aug 2010
    NI604112 EXECUTIVE & FOCUS SUITES BELFAST LIMITED 16 Aug 2010
    NI604234 MAGHERAKNOCK PARK MANAGEMENT COMPANY LIMITED 26 Aug 2010
    NI604251 ULSTER FACTORING LTD 27 Aug 2010
    NI604061 MID ANTRIM TEXTILES RECYCLING LTD 12 Aug 2010
    NI604102 WATERWAYS ENVIRONMENTAL LTD 16 Aug 2010
    NI603945 SMART MOVE (NI) LTD 02 Aug 2010
    NI604052 TESPARTIK HANDEL LTD 11 Aug 2010
    NI604126 DIGITAL ADVERTISING SOLUTIONS NI LIMITED 17 Aug 2010
    NI604175 DUNMORE HOUSE MANAGEMENT COMPANY LTD 23 Aug 2010
    NI604253 FUSE ARCHITECTS LIMITED 27 Aug 2010
    NI604095 GRADA SOLUTIONS LIMITED 16 Aug 2010
    NI604210 MOYGLASS LIMITED 25 Aug 2010
    NI604222 FORMULA HEALTH ERNE LIMITED 26 Aug 2010
    NI603980 KILLAIRE AGENCIES LTD 05 Aug 2010
    NI603997 VISUAL SHOW OFFS LIMITED 06 Aug 2010