Belfast, Belfast
2011 Annual Business Confidence Report
Headlines
- 2011 was a record year for company registrations in Belfast when compared to any year in history.
- The second half of 2011 saw a new record in company registrations in Belfast when compared to any previous second half year.
- Q4 2011 saw a new record in company registrations in Belfast when compared to any previous Q4.
Contents
New Company Registrations
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Annual Data (2011)
2011 was a record year for company registrations in Belfast when compared to any year in history.
A total of 1,509 companies were formed in Belfast in 2011. This total is 16.3% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Belfast UK 2011 1,509 452,870 2010 1,298 400,358 2009 977 362,675 2008 1,024 349,203 2007 1,276 457,649 Record Year 2011 (1,509) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Belfast when compared to any previous second half year.
In the second half of 2011 a total of 753 companies were formed in Belfast. This figure is 9.3% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Belfast occurred in 2011 when a total of 753 were formed.
Half Year (Jul-Dec) Belfast UK 2011 753 224,135 2010 689 196,609 % change 9.3% 14.0% Record Year 2011 (753) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company registrations in Belfast when compared to any previous Q4.
A total of 383 companies were registered in Belfast during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 3.8% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Belfast UK 2011 383 109,623 2010 369 95,117 % change 3.8% 15.3% Record Year 2011 (383) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 134 132 117 New companies in 2010 98 142 129 % change 36.7% -7.0% -9.3% Record Year 2003 (138) 2010 (142) 2010 (129)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 1,028 companies were dissolved in Belfast in 2011. This total is 35.5% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Belfast UK 2011 1,028 314,523 2010 1,595 342,232 2009 17 533,773 2008 6 237,901 2007 1 220,295 Record Year 2010 (1,595) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 497 companies were dissolved in Belfast. This figure is 55.7% lower than last year, which compares well to the UK wide change of -7.5%.
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 2011 497 152,213 2010 1,123 164,601 % change -55.7% -7.5% Record Year 2010 (1,123) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 256 companies were dissolved in Belfast during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 53.7% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Belfast UK 2011 256 79,983 2010 553 76,896 % change -53.7% 4.0% Record Year 2010 (553) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 92 63 101 Closed companies in 2010 383 67 103 % change -76.0% -6.0% -2% Record Year 2010 (383) 2010 (67) 2010 (103)
Net Company Growth
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Annual Data (2011)
A total of 481 companies were added to the company register for Belfast in 2011. This number represents growth of 37.1% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 778 companies higher 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 2011 481 138,347 2010 -297 58,126 2009 960 -171,098 2008 1,018 111,302 2007 1,275 237,354 Record Year 2007 (1,275) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Belfast increased by 256 companies.
Half Year (Jul-Dec) Belfast UK 2011 256 71,922 2010 -434 32,008 Record Year 2003 (616) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Belfast during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 127 companies.
fourth quarter (Oct 2011 - Dec 2011) Belfast UK 2011 127 29,640 2010 -184 18,221 Record Year 2005 (277) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 42 69 16 Net growth in 2010 -285 75 26 Record Year 2009 (70) 2005 (105) 2009 (88)
UK Company Share
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Annual Data (2011)
In 2011 Belfast formed 0.3% of all UK companies. This is no change on 2010 when Belfast was responsible for 0.3% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Belfast formed 0.3% of all UK companies. This is less than the 2010 figure of 0.4%.
Half Year (Jul-Dec) Belfast 2011 0.3% 2010 0.4% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Belfast formed 0.3% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Belfast 2011 0.3% 2010 0.4% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1968 (1.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.3% 0.3% 0.4% UK formation share in 2010 0.3% 0.4% 0.5% % change 18.8% -20.8% -19.6% Record Year 1985 (2.4%) 1968 (1.6%) 1967 (1.6%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 45.0.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 43.9.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 43.8.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 26.7%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Belfast was 1860 when 42.9% of all directors were female.
26.3% of all director appointments in Belfast in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Belfast was in 1977 when 31.1% of all directors were female.
25.6% of all director appointments in Belfast in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 2.61% CONSULTING 5.07% MANAGEMENT 2.47% MANAGEMENT 4.74% BELFAST 1.40% CONSULTANCY 3.26% DR. 1.30% PROPERTY 2.37% (N.I.) 1.26% TRADING 2.07% MEDICAL 1.12% DESIGN 1.92% LAGAN 1.07% ASSOCIATES 1.86% TRADING 1.07% ENGINEERING 1.78% ENTERPRISES 0.93% BUSINESS 1.78% CONSULTING 0.93% CONSULTANTS 1.76% IRELAND 0.93% CONSTRUCTION 1.73% DEVELOPMENTS 0.84% MEDIA 1.71% CONSULTANCY 0.84% LONDON 1.63% NI 0.74% J 1.51% ELECTRICAL 0.65% INVESTMENTS 1.48% PROPERTY 0.65% GLOBAL 1.46% MAINTENANCE 0.61% IT 1.41% CO 0.56% CARE 1.39% CAPITAL 0.56% PROPERTIES 1.29% CONTRACTS 0.56% ELECTRICAL 1.29% INVESTMENTS 0.56% M 1.27% DESIGN 0.51% BUILDING 1.26% MEDIA 0.51% ENERGY 1.25% ENERGY 0.51% S 1.20% CONSTRUCTION 0.51% ENTERPRISES 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 420 205,525 7487 - Other business activities 126 57,052 86210 - General medical practice activities 97 2,285 99999 - Dormant Company 87 21,846 9999 - Dormant Company 73 20,199 82990 - Other business support service activities not elsewhere classified 48 32,483 74990 - Non-trading company 45 8,929 96090 - Other service activities not elsewhere classified 35 11,768 98000 - Residents property management 30 2,874 41100 - Development of building projects 30 4,331 7415 - Holding companies including head offices 28 1,653 8512 - Medical practice activities 28 2,224 35110 - Production of electricity 26 671 7414 - Business & management consultancy 25 13,034 5530 - Restaurants 25 5,013 70229 - Management consultancy activities other than financial management 24 17,765 7499 - Non-trading company 24 9,957 4521 - General construction & civil engineering 24 5,558 56101 - Licensed restaurants 23 2,159 74909 - Other professional, scientific and technical activities not elsewhere classified 22 8,671
Recent Companies
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Randomly selected companies from this quarter
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