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
New Company Registrations
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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) Belfast UK 2010 320 101,492 2009 294 94,671 % change 8.8% 7.2% Record Year 2010 (320) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 76 110 134 New companies in 2009 82 87 125 % change -7.3% 26.4% 7.2% Record Year 2004 (94) 2010 (110) 2010 (134)
Closed Companies (dissolved)
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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) Belfast UK 2010 570 87,705 2009 8 159,401 % change 7,025.0% -45.0% Record Year 2010 (570) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 87 189 294 Closed companies in 2010 87 189 294 % change 0.0% 0.0% 0% Record Year 2010 (87) 2010 (189) 2010 (294)
Net Company Growth
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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) Belfast UK 2010 -250 13,787 2009 286 -64,730 Record Year 2003 (292) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 -11 -79 -160 Net growth in 1999 60 87 119 Record Year 1999 (60) 2003 (87) 2009 (119)
UK Company Share
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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 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1968 (1.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.2% 0.3% 0.4% UK formation share in 2009 0.3% 0.3% 0.4% % change -13.8% 14.8% 2.8% Record Year 1968 (1.7%) 1970 (1.5%) 1962 (1.5%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.73% MANAGEMENT 5.06% (NI) 2.22% CONSULTING 4.99% DR. 1.84% CONSULTANCY 3.12% BELFAST 1.45% PROPERTY 2.38% CONSULTING 1.39% TRADING 2.04% IRELAND 1.39% ASSOCIATES 2.01% PROPERTY 1.28% DESIGN 1.93% NI 1.11% CONSTRUCTION 1.86% LAGAN 1.11% BUSINESS 1.80% TRADING 1.06% MEDIA 1.75% CONSTRUCTION 0.83% CONSULTANTS 1.73% CO 0.78% LONDON 1.59% ENTERPRISES 0.78% ENGINEERING 1.59% WINDFARM 0.78% INVESTMENTS 1.49% DESIGN 0.67% CARE 1.44% DEVELOPMENTS 0.61% J 1.44% ENGINEERING 0.61% INTERNATIONAL 1.43% PROPERTIES 0.56% GLOBAL 1.42% (2010) 0.56% IT 1.35% MEDIA 0.56% PROPERTIES 1.35% ENERGY 0.50% BUILDING 1.32% (IRELAND) 0.50% ELECTRICAL 1.30% CARE 0.50% M 1.28% PRODUCTIONS 0.50% SYSTEMS 1.26% M 0.50% S 1.24%
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 594 202,902 7487 - Other business activities 151 69,802 9999 - Dormant Company 91 21,484 99999 - Dormant Company 78 14,072 82990 - Other business support service activities not elsewhere classified 52 25,053 98000 - Residents property management 48 3,273 70229 - Management consultancy activities other than financial management 29 13,161 96090 - Other service activities not elsewhere classified 24 7,767 7414 - Business & management consultancy 22 14,940 68320 - Management of real estate on a fee or contract basis 21 2,962 9305 - Other service activities 21 9,454 41100 - Development of building projects 20 3,688 8512 - Medical practice activities 20 1,818 7222 - Other software consultancy and supply 19 8,183 5530 - Restaurants 18 5,181 4521 - General construction & civil engineering 18 7,634 62090 - Other information technology service activities 18 5,716 86900 - Other human health activities 17 3,361 74990 - Non-trading company 17 7,649 7415 - Holding companies including head offices 16 2,146
Recent Companies
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Randomly selected companies from this quarter
reports
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