Belfast, Belfast
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company registrations in Belfast when compared to any year in history.
- The second half of 2010 saw a new record in company registrations in Belfast when compared to any previous second half year.
- Q4 2010 saw a new record in company registrations in Belfast when compared to any previous Q4.
- December 2010 saw a new record in company registrations in Belfast when compared to any previous December.
- November 2010 saw a new record in company registrations in Belfast when compared to any previous November.
- 2010 was a record year for company closures in Belfast when compared to any year in history.
- The second half of 2010 saw a new record in company closures in Belfast when compared to any previous second half year.
- The second half of 2010 was a record second half year for company closures in Belfast when compared to any half year in history.
- Q4 2010 saw a new record in company closures in Belfast when compared to any previous Q4.
- December 2010 saw a new record in company closures in Belfast when compared to any previous December.
- November 2010 saw a new record in company closures in Belfast when compared to any previous November.
- October 2010 saw a new record in company closures in Belfast when compared to any previous October.
- October 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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Annual Data (2010)
2010 was a record year for company registrations in Belfast when compared to any year in history.
A total of 1,298 companies were formed in Belfast in 2010. This total is 32.9% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Belfast UK 2010 1,298 400,358 2009 977 362,675 2008 1,024 349,203 2007 1,276 457,649 2006 1,204 405,440 Record Year 2010 (1,298) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company registrations in Belfast when compared to any previous second half year.
In the second half of 2010 a total of 689 companies were formed in Belfast. This figure is 29.0% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Belfast occurred in 2010 when a total of 689 were formed.
Half Year (Jul-Dec) Belfast UK 2010 689 196,609 2009 534 180,654 % change 29.0% 8.8% Record Year 2010 (689) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company registrations in Belfast when compared to any previous Q4.
A total of 369 companies were registered in Belfast during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 53.8% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Belfast UK 2010 369 95,117 2009 240 85,983 % change 53.8% 10.6% Record Year 2010 (369) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company registrations in Belfast when compared to any previous December.
November 2010 saw a new record in company registrations in Belfast when compared to any previous November.
New Companies by Month
October November December New companies in 2010 98 142 129 New companies in 2009 71 80 89 % change 38.0% 77.5% 44.9% Record Year 2003 (138) 2010 (142) 2010 (129)
Closed Companies (dissolved)
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Annual Data (2010)
2010 was a record year for company closures in Belfast when compared to any year in history.
A total of 1,595 companies were dissolved in Belfast in 2010. This total is 9,282.4% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Belfast UK 2010 1,595 342,232 2009 17 533,773 2008 6 237,901 2007 1 220,295 2006 1 200,166 Record Year 2010 (1,595) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company closures in Belfast when compared to any previous second half year.
The second half of 2010 was a record second half year for company closures in Belfast when compared to any half year in history.
In the second half of 2010 a total of 1,123 companies were dissolved in Belfast. This figure is 11,130.0% higher than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Belfast occurred in 2010 when a total of 1,123 were closed.
Half Year (Jul-Dec) Belfast UK 2010 1,123 164,601 2009 10 244,537 % change 11,130.0% -32.7% Record Year 2010 (1,123) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Belfast when compared to any previous Q4.
A total of 553 companies were dissolved in Belfast during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 27,550.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Belfast UK 2010 553 76,896 2009 2 85,136 % change 27,550.0% -9.7% Record Year 2010 (553) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company closures in Belfast when compared to any previous December.
November 2010 saw a new record in company closures in Belfast when compared to any previous November.
October 2010 saw a new record in company closures in Belfast when compared to any previous October.
October 2010 was a record month for company closures in Belfast when compared to any month in history.
Dissolved Companies by Month
October November December Closed companies in 2010 383 67 103 Closed companies in 2009 1 1 % change 38,200.0% inf% 10,200% Record Year 2010 (383) 2010 (67) 2010 (103)
Net Company Growth
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Annual Data (2010)
A total of -297 companies were removed to the company register for Belfast in 2010. This number represents decline of 30.4% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 1,257 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Belfast company register grew by 1,275 companies.
Year Belfast UK 2010 -297 58,126 2009 960 -171,098 2008 1,018 111,302 2007 1,275 237,354 2006 1,203 205,274 Record Year 2007 (1,275) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Belfast decreased by 434 companies.
Half Year (Jul-Dec) Belfast UK 2010 -434 32,008 2009 524 -63,883 Record Year 2003 (616) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Belfast during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -184 companies.
fourth quarter (Oct 2010 - Dec 2010) Belfast UK 2010 -184 18,221 2009 238 847 Record Year 2005 (277) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -285 75 26 Net growth in 2009 70 88 Record Year 2009 (70) 2005 (105) 2009 (88)
UK Company Share
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Annual Data (2010)
In 2010 Belfast formed 0.3% of all UK companies. This is no change on 2009 when Belfast was responsible for 0.3% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Belfast formed 0.4% of all UK companies. This is more than the 2009 figure of 0.3%.
Half Year (Jul-Dec) Belfast 2010 0.4% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Belfast formed 0.4% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Belfast 2010 0.4% 2009 0.3% 2008 0.3% 2007 0.3% 2006 0.4% Record Year (since 1960) 1968 (1.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.3% 0.4% 0.5% UK formation share in 2009 0.2% 0.3% 0.3% % change 20.9% 58.7% 37.9% Record Year 1985 (2.4%) 1968 (1.6%) 1967 (1.6%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.2.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 44.7.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 45.3.
The percentage of directors under the age of 25 was 1.0% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Belfast was 1857 when 36.4% of all directors were female.
The percentage of female directors in Belfast in 2010 was 27.2%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Belfast was 1860 when 42.9% of all directors were female.
24.5% of all director appointments in Belfast in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Belfast was in 1977 when 31.1% of all directors were female.
22.5% of all director appointments in Belfast in the fourth 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 (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.66% CONSULTING 5.06% DR. 2.61% MANAGEMENT 5.01% (NI) 2.35% CONSULTANCY 3.14% BELFAST 1.20% PROPERTY 2.36% LAGAN 1.15% TRADING 2.11% TRADING 1.10% ASSOCIATES 1.95% IRELAND 1.10% DESIGN 1.92% CONSULTING 1.04% BUSINESS 1.82% NI 1.04% CONSTRUCTION 1.82% CO 0.94% CONSULTANTS 1.76% PROPERTY 0.84% MEDIA 1.71% ENTERPRISES 0.78% ENGINEERING 1.62% WINDFARM 0.73% LONDON 1.60% M 0.73% CARE 1.45% PROPERTIES 0.73% INVESTMENTS 1.44% DESIGN 0.68% GLOBAL 1.43% DEVELOPMENTS 0.63% J 1.42% (2010) 0.63% IT 1.41% CONSTRUCTION 0.63% PROPERTIES 1.34% PRODUCTIONS 0.57% INTERNATIONAL 1.34% CARE 0.57% BUILDING 1.34% (N.I.) 0.57% M 1.30% NORTHERN 0.57% ELECTRICAL 1.25% PROF. 0.52% SYSTEMS 1.24% MR. 0.52% 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 535 199,572 7487 - Other business activities 135 63,348 9999 - Dormant Company 87 20,144 99999 - Dormant Company 77 16,285 82990 - Other business support service activities not elsewhere classified 53 27,550 98000 - Residents property management 47 3,235 86210 - General medical practice activities 32 1,450 70229 - Management consultancy activities other than financial management 29 14,505 74990 - Non-trading company 25 8,243 96090 - Other service activities not elsewhere classified 24 8,799 41100 - Development of building projects 21 3,765 9305 - Other service activities 20 8,858 7414 - Business & management consultancy 20 13,474 8512 - Medical practice activities 19 1,687 68320 - Management of real estate on a fee or contract basis 19 3,097 7222 - Other software consultancy and supply 18 7,298 7415 - Holding companies including head offices 18 1,851 62090 - Other information technology service activities 17 6,330 5530 - Restaurants 17 4,939 4521 - General construction & civil engineering 16 6,598
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI605351 UNITED MOLASSES GB LIMITED 02 Dec 2010 NI605353 UNITED MOLASSES TRADING LIMITED 02 Dec 2010 NI605365 ARDLOCKE (NI) LIMITED 03 Dec 2010 NI605456 DCD TEMPLEPATRICK LIMITED 09 Dec 2010 NI605461 NL TEMPLEPATRICK LIMITED 09 Dec 2010 NI605548 CENTURY TV LIMITED 17 Dec 2010 NI605550 MKB CO NO 33 LIMITED 17 Dec 2010 NI605553 KJC ESTATES LTD 17 Dec 2010 NI605386 BUBBLES BANGOR LIMITED 03 Dec 2010 NI605623 DUBLIN PRINT AND DESIGN LIMITED 29 Dec 2010 NI605592 RABOTY VENTURES LTD 23 Dec 2010 NI605373 OROFACIAL PAIN MANAGEMENT IRELAND 03 Dec 2010 NI605398 PROF. RICHARD COSTELLO 06 Dec 2010 NI605399 DR. ERIC HEFFERNAN 06 Dec 2010 NI605409 DR. AFTAB ALAM BALOCH 06 Dec 2010 NI605412 DR. CLAIRE SMYTH 06 Dec 2010 NI605413 DR. BRID HOLLYWOOD 06 Dec 2010 NI605420 PROF. STEPHEN PATCHETT 07 Dec 2010 NI605569 MULDARTON LIMITED 20 Dec 2010 NI605573 SHANNONDALE LIMITED 21 Dec 2010 NI605579 ANNACLONE LIMITED 21 Dec 2010 NI605332 NOMAD YFC N. IRELAND LTD 01 Dec 2010 NI605393 PRIMECARE NORTH (BANGOR) LTD 06 Dec 2010 NI605423 M & F ROBINSON LIMITED 07 Dec 2010 NI605427 SHOW INC. LIMITED 07 Dec 2010
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