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
New Company Registrations
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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) Belfast UK 2011 756 228,735 2010 609 203,749 % change 24.1% 12.3% Record Year 2011 (756) 2007 (279,097) New Companies by Half Year
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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) Belfast UK 2011 380 112,344 2010 307 98,612 % change 23.8% 13.9% Record Year 2007 (387) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 121 131 128 New companies in 2010 83 108 116 % change 45.8% 21.3% 10.3% Record Year 2005 (133) 2007 (154) 2007 (142)
Closed Companies (dissolved)
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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) Belfast UK 2011 531 162,310 2010 472 177,631 % change 12.5% -8.6% Record Year 2011 (531) 2009 (289,236) Dissolved Companies by Half Year
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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) Belfast UK 2011 318 71,324 2010 406 94,954 % change -21.7% -24.9% Record Year 2010 (406) 2009 (181,176) Dissolved Companies by Quarter
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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
April May June Closed companies in 2011 46 175 97 Closed companies in 2010 85 259 62 % change -45.9% -32.4% 56% Record Year 2010 (85) 2010 (259) 2011 (97)
Net Company Growth
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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) Belfast UK 2011 225 66,425 2010 137 26,118 Record Year 2006 (600) 2007 (171,296) Net Growth by Half Year
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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) Belfast UK 2011 62 41,020 2010 -99 3,658 Record Year 2005 (365) 2003 (69,274) Net Growth by Quarter
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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
April May June Net growth in 2011 75 -44 31 Net growth in 2010 -2 -151 54 Record Year 2011 (75) 2004 (115) 2000 (77)
UK Company Share
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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 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.3% Record Year (since 1960) 1968 (1.3%) Company Share by Half Year
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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 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.4% 0.3% 0.3% UK formation share in 2010 0.2% 0.4% 0.3% % change 41.1% -4.4% -2.2% Record Year 1979 (13.8%) 1968 (1.6%) 1960 (1.6%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DR. 2.77% CONSULTING 5.09% (NI) 2.48% MANAGEMENT 4.86% MANAGEMENT 2.44% CONSULTANCY 3.17% TRADING 1.29% PROPERTY 2.43% LAGAN 1.24% TRADING 2.05% (N.I.) 1.05% DESIGN 1.94% NI 1.05% ASSOCIATES 1.92% BELFAST 1.00% BUSINESS 1.87% CONSULTING 0.91% CONSTRUCTION 1.77% IRELAND 0.86% CONSULTANTS 1.76% ENTERPRISES 0.81% MEDIA 1.73% PROPERTY 0.76% ENGINEERING 1.67% M 0.76% LONDON 1.60% DEVELOPMENTS 0.72% GLOBAL 1.46% MR. 0.72% J 1.44% PROPERTIES 0.67% CARE 1.44% C.I.C. 0.62% INVESTMENTS 1.42% PRODUCTIONS 0.62% IT 1.39% CO 0.62% BUILDING 1.32% DESIGN 0.57% PROPERTIES 1.31% GROUP 0.57% ELECTRICAL 1.30% PROF. 0.57% M 1.27% MEDICAL 0.57% S 1.23% COMMUNITY 0.48% ENTERPRISES 1.20% CONSTRUCTION 0.48% SYSTEMS 1.20%
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 471 202,072 7487 - Other business activities 135 60,758 9999 - Dormant Company 82 20,111 99999 - Dormant Company 74 18,918 82990 - Other business support service activities not elsewhere classified 55 30,647 86210 - General medical practice activities 39 2,048 98000 - Residents property management 33 2,888 70229 - Management consultancy activities other than financial management 28 16,419 74990 - Non-trading company 28 8,481 96090 - Other service activities not elsewhere classified 26 10,322 41100 - Development of building projects 25 3,852 5530 - Restaurants 22 5,086 7414 - Business & management consultancy 21 13,053 56101 - Licensed restaurants 20 2,441 35110 - Production of electricity 20 528 7222 - Other software consultancy and supply 20 7,143 8512 - Medical practice activities 19 1,866 7415 - Holding companies including head offices 19 1,771 62090 - Other information technology service activities 19 7,095 4521 - General construction & civil engineering 18 5,928
Recent Companies
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Randomly selected companies from this quarter
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