Belfast, Belfast
Q1 2012 Business Confidence Report
Headlines
- Q1 2012 saw a new record in company registrations in Belfast when compared to any previous Q1.
- Q1 2012 was a record quarter for company registrations in Belfast when compared to any quarter in history.
- March 2012 saw a new record in company registrations in Belfast when compared to any previous March.
- February 2012 saw a new record in company registrations in Belfast when compared to any previous February.
- February 2012 was a record month for company registrations in Belfast when compared to any month in history.
- January 2012 saw a new record in company registrations in Belfast when compared to any previous January.
- Q1 2012 saw a new record in company closures in Belfast when compared to any previous Q1.
- March 2012 saw a new record in company closures in Belfast when compared to any previous March.
- January 2012 saw a new record in company closures in Belfast when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2012)
Q1 2012 saw a new record in company registrations in Belfast when compared to any previous Q1.
Q1 2012 was a record quarter for company registrations in Belfast when compared to any quarter in history.
A total of 465 companies were registered in Belfast during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 23.7% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Belfast UK 2012 465 131,491 2011 376 116,391 % change 23.7% 13.0% Record Year 2012 (465) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
March 2012 saw a new record in company registrations in Belfast when compared to any previous March.
February 2012 saw a new record in company registrations in Belfast when compared to any previous February.
February 2012 was a record month for company registrations in Belfast when compared to any month in history.
January 2012 saw a new record in company registrations in Belfast when compared to any previous January.
New Companies by Month
January February March New companies in 2012 135 170 160 New companies in 2011 112 109 155 % change 20.5% 56.0% 3.2% Record Year 2012 (135) 2012 (170) 2012 (160)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2012)
Q1 2012 saw a new record in company closures in Belfast when compared to any previous Q1.
A total of 249 companies were dissolved in Belfast during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 16.9% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Belfast UK 2012 249 67,576 2011 213 90,987 % change 16.9% -25.7% Record Year 2012 (249) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
March 2012 saw a new record in company closures in Belfast when compared to any previous March.
January 2012 saw a new record in company closures in Belfast when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2012 71 95 83 Closed companies in 2011 52 97 64 % change 36.5% -2.1% 30% Record Year 2012 (71) 2011 (97) 2012 (83)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2012)
Net company growth for Belfast during the first quarter of 2012 (Jan 2012 - Mar 2012) was 216 companies.
first quarter (Jan 2012 - Mar 2012) Belfast UK 2012 216 63,915 2011 163 25,404 Record Year 2006 (319) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Net Growth by Month
January February March Net growth in 2012 64 75 77 Net growth in 2011 60 12 91 Record Year 2004 (89) 2006 (99) 2000 (104)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2012)
In the first quarter of 2012, Belfast formed 0.4% of all UK companies.
first quarter (Jan 2012 - Mar 2012) Belfast 2012 0.4% 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.3% Record Year (since 1960) 1968 (1.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.3% 0.4% 0.3% UK formation share in 2011 0.3% 0.3% 0.3% % change 3.3% 33.4% -3.4% Record Year 1968 (1.8%) 1964 (1.2%) 1979 (13.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2012)
The average age of a director in the first quarter of 2012 was 43.9.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2012)
The record first quarter for female directors in Belfast was in 1861 when 40.0% of all directors were female.
26.0% of all director appointments in Belfast in the first quarter of 2012 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 (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 2.66% CONSULTING 5.07% MANAGEMENT 2.35% MANAGEMENT 4.74% BELFAST 1.59% CONSULTANCY 3.30% CONSULTING 1.15% PROPERTY 2.37% DR. 1.15% TRADING 2.07% MEDICAL 1.11% DESIGN 1.93% (N.I.) 1.11% ENGINEERING 1.86% TRADING 0.93% ASSOCIATES 1.84% IRELAND 0.89% CONSULTANTS 1.79% ENTERPRISES 0.89% BUSINESS 1.73% DEVELOPMENTS 0.80% MEDIA 1.72% LAGAN 0.75% CONSTRUCTION 1.72% CONSULTANCY 0.75% LONDON 1.66% PROPERTY 0.75% J 1.54% PROPERTIES 0.71% INVESTMENTS 1.51% JCA 0.62% GLOBAL 1.50% CONTRACTS 0.62% IT 1.40% CAPITAL 0.58% CARE 1.34% J 0.58% PROPERTIES 1.31% ENERGY 0.58% ELECTRICAL 1.27% CENTRE 0.58% M 1.27% MAINTENANCE 0.53% BUILDING 1.24% CONSTRUCTION 0.53% ENERGY 1.20% CONSULTANTS 0.53% S 1.20% ENGINEERING 0.53% ENTERPRISES 1.19%
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 463 216,665 7487 - Other business activities 114 52,735 86210 - General medical practice activities 105 2,594 99999 - Dormant Company 104 25,084 9999 - Dormant Company 70 18,617 82990 - Other business support service activities not elsewhere classified 54 35,233 74990 - Non-trading company 45 9,729 96090 - Other service activities not elsewhere classified 45 13,637 41100 - Development of building projects 35 4,984 98000 - Residents property management 29 3,050 35110 - Production of electricity 28 826 7415 - Holding companies including head offices 28 1,595 74909 - Other professional, scientific and technical activities not elsewhere classified 28 9,892 8512 - Medical practice activities 27 2,116 70229 - Management consultancy activities other than financial management 27 19,704 86900 - Other human health activities 27 5,066 56101 - Licensed restaurants 25 1,885 5530 - Restaurants 25 4,633 62020 - Information technology consultancy activities 25 14,303 7499 - Non-trading company 24 9,102
Recent Companies
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Randomly selected companies from this quarter
reports
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