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Belfast, Belfast

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Belfast when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Belfast when compared to any half year in history.
  • The first half of 2011 saw a new record in company closures in Belfast when compared to any previous first half year.
  • June 2011 saw a new record in company closures in Belfast when compared to any previous June.
  • April 2011 saw a new record in net growth in Belfast when compared to any previous April.

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 2011)

    The first half of 2011 saw a new record in company registrations in Belfast when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Belfast when compared to any half year in history.

    In the first half of 2011 a total of 756 companies were formed in Belfast. This figure is 24.1% higher than last year, which compares well to the UK wide figure of 12.3%.

    The highest total for a first half year in Belfast occurred in 2011 when a total of 756 were formed.

    Half Year (Jan-Jun)BelfastUK
    2011756228,735
    2010609203,749
    % change24.1%12.3%
    Record Year2011 (756)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 380 companies were registered in Belfast during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 23.8% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)BelfastUK
    2011380112,344
    201030798,612
    % change23.8%13.9%
    Record Year 2007 (387) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    New Companies by Month
    AprilMayJune
    New companies in 2011121131128
    New companies in 201083108116
    % change45.8%21.3%10.3%
    Record Year2005 (133)2007 (154)2007 (142)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    The first half of 2011 saw a new record in company closures in Belfast when compared to any previous first half year.

    In the first half of 2011 a total of 531 companies were dissolved in Belfast. This figure is 12.5% higher than last year, which compares badly to the UK wide change of -8.6%.

    The highest total for a first half year in Belfast occurred in 2011 when a total of 531 were closed.

    Half Year (Jan-Jun)BelfastUK
    2011531162,310
    2010472177,631
    % change12.5%-8.6%
    Record Year2011 (531)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 318 companies were dissolved in Belfast during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 21.7% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)BelfastUK
    201131871,324
    201040694,954
    % change-21.7%-24.9%
    Record Year 2010 (406) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in company closures in Belfast when compared to any previous June.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20114617597
    Closed companies in 20108525962
    % change-45.9%-32.4%56%
    Record Year2010 (85)2010 (259)2011 (97)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Belfast increased by 225 companies.

    Half Year (Jan-Jun)BelfastUK
    201122566,425
    201013726,118
    Record Year2006 (600)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Belfast during the second quarter of 2011 (Apr 2011 - Jun 2011) was 62 companies.

    second quarter (Apr 2011 - Jun 2011)BelfastUK
    20116241,020
    2010-993,658
    Record Year 2005 (365) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    April 2011 saw a new record in net growth in Belfast when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 201175-4431
    Net growth in 2010-2-15154
    Record Year2011 (75)2004 (115)2000 (77)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Belfast formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.

    Half Year (Jan-Jun)Belfast
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    20070.3%
    Record Year (since 1960) 1968 (1.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Belfast formed 0.3% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Belfast
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    Record Year (since 1960) 1968 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.4%0.3%0.3%
    UK formation share in 20100.2%0.4%0.3%
    % change41.1%-4.4%-2.2%
    Record Year1979 (13.8%)1968 (1.6%)1960 (1.6%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 46.0.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 7.1% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 46.0.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    22.3% of all director appointments in Belfast in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    20.5% of all director appointments in Belfast in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2010-Jun 2011)

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

    wordpercentageuk worduk percentage
    DR.2.77%CONSULTING5.09%
    (NI)2.48%MANAGEMENT4.86%
    MANAGEMENT2.44%CONSULTANCY3.17%
    TRADING1.29%PROPERTY2.43%
    LAGAN1.24%TRADING2.05%
    (N.I.)1.05%DESIGN1.94%
    NI1.05%ASSOCIATES1.92%
    BELFAST1.00%BUSINESS1.87%
    CONSULTING0.91%CONSTRUCTION1.77%
    IRELAND0.86%CONSULTANTS1.76%
    ENTERPRISES0.81%MEDIA1.73%
    PROPERTY0.76%ENGINEERING1.67%
    M0.76%LONDON1.60%
    DEVELOPMENTS0.72%GLOBAL1.46%
    MR.0.72%J1.44%
    PROPERTIES0.67%CARE1.44%
    C.I.C.0.62%INVESTMENTS1.42%
    PRODUCTIONS0.62%IT1.39%
    CO0.62%BUILDING1.32%
    DESIGN0.57%PROPERTIES1.31%
    GROUP0.57%ELECTRICAL1.30%
    PROF.0.57%M1.27%
    MEDICAL0.57%S1.23%
    COMMUNITY0.48%ENTERPRISES1.20%
    CONSTRUCTION0.48%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied471202,072
    7487 - Other business activities13560,758
    9999 - Dormant Company8220,111
    99999 - Dormant Company7418,918
    82990 - Other business support service activities not elsewhere classified5530,647
    86210 - General medical practice activities392,048
    98000 - Residents property management332,888
    70229 - Management consultancy activities other than financial management2816,419
    74990 - Non-trading company288,481
    96090 - Other service activities not elsewhere classified2610,322
    41100 - Development of building projects253,852
    5530 - Restaurants225,086
    7414 - Business & management consultancy2113,053
    56101 - Licensed restaurants202,441
    35110 - Production of electricity20528
    7222 - Other software consultancy and supply207,143
    8512 - Medical practice activities191,866
    7415 - Holding companies including head offices191,771
    62090 - Other information technology service activities197,095
    4521 - General construction & civil engineering185,928

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI607392 STOVES & CO LTD 12 May 2011
    NI607450 BEAUMONT ENTERPRISES LIMITED 17 May 2011
    NI607520 HOPE CONNECTED COMMUNITY INTEREST COMPANY 20 May 2011
    NI607550 BALLYGILBERT TRADING LIMITED 23 May 2011
    NI607551 PARTYTABLE LTD 24 May 2011
    NI607623 TILLBURN LIMITED 31 May 2011
    NI607634 RSM MCCLURE WATTERS (CONSULTING) LTD 31 May 2011
    NI607373 FAMILY REDEMPTION COMPANY LIMITED 11 May 2011
    NI607443 JUST BOOKS COLLECTIVE LTD 17 May 2011
    NI607436 RJ WILLIAMS (PENSION & RETIREMENT) SOLUTIONS LIMITED 16 May 2011
    NI607578 ULTIMATE MONITORING LTD 25 May 2011
    NI607536 SANDWELL CONSULTING LTD 23 May 2011
    NI607265 GLOBAL MANAGEMENT ACADEMY LIMITED 03 May 2011
    NI607313 OCEAN TREASURE LIMITED 06 May 2011
    NI607466 DR. DONAL MAGUIRE 17 May 2011
    NI607467 LOWE MEDICAL LIMITED 17 May 2011
    NI607472 DR. DAVID O'GORMAN 17 May 2011
    NI607496 SAVAR LTD 19 May 2011
    NI607499 DR. DERMOT LOWE 19 May 2011
    NI607545 BIGMOUNT LIMITED 23 May 2011
    NI607383 HEANEY HEATING SERVICES (NI) LTD 12 May 2011
    NI607384 SEIMETRIX LTD 12 May 2011
    NI607473 REPO NI LTD 17 May 2011
    NI607504 LUMBAR SOLUTIONS LIMITED 19 May 2011
    NI607352 LAGAN MEDIA PRODUCTIONS LTD 10 May 2011