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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

  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. 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)BelfastUK
    2012465131,491
    2011376116,391
    % change23.7%13.0%
    Record Year 2012 (465) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2012135170160
    New companies in 2011112109155
    % change20.5%56.0%3.2%
    Record Year2012 (135)2012 (170)2012 (160)

Closed Companies (dissolved)

  1. 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)BelfastUK
    201224967,576
    201121390,987
    % change16.9%-25.7%
    Record Year 2012 (249) 2009 (108,065)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2012719583
    Closed companies in 2011529764
    % change36.5%-2.1%30%
    Record Year2012 (71)2011 (97)2012 (83)

Net Company Growth

  1. 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)BelfastUK
    201221663,915
    201116325,404
    Record Year 2006 (319) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012647577
    Net growth in 2011601291
    Record Year2004 (89)2006 (99)2000 (104)

UK Company Share

  1. 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
    20120.4%
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    Record Year (since 1960) 1968 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.3%0.4%0.3%
    UK formation share in 20110.3%0.3%0.3%
    % change3.3%33.4%-3.4%
    Record Year1968 (1.8%)1964 (1.2%)1979 (13.0%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    (NI)2.66%CONSULTING5.07%
    MANAGEMENT2.35%MANAGEMENT4.74%
    BELFAST1.59%CONSULTANCY3.30%
    CONSULTING1.15%PROPERTY2.37%
    DR.1.15%TRADING2.07%
    MEDICAL1.11%DESIGN1.93%
    (N.I.)1.11%ENGINEERING1.86%
    TRADING0.93%ASSOCIATES1.84%
    IRELAND0.89%CONSULTANTS1.79%
    ENTERPRISES0.89%BUSINESS1.73%
    DEVELOPMENTS0.80%MEDIA1.72%
    LAGAN0.75%CONSTRUCTION1.72%
    CONSULTANCY0.75%LONDON1.66%
    PROPERTY0.75%J1.54%
    PROPERTIES0.71%INVESTMENTS1.51%
    JCA0.62%GLOBAL1.50%
    CONTRACTS0.62%IT1.40%
    CAPITAL0.58%CARE1.34%
    J0.58%PROPERTIES1.31%
    ENERGY0.58%ELECTRICAL1.27%
    CENTRE0.58%M1.27%
    MAINTENANCE0.53%BUILDING1.24%
    CONSTRUCTION0.53%ENERGY1.20%
    CONSULTANTS0.53%S1.20%
    ENGINEERING0.53%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied463216,665
    7487 - Other business activities11452,735
    86210 - General medical practice activities1052,594
    99999 - Dormant Company10425,084
    9999 - Dormant Company7018,617
    82990 - Other business support service activities not elsewhere classified5435,233
    74990 - Non-trading company459,729
    96090 - Other service activities not elsewhere classified4513,637
    41100 - Development of building projects354,984
    98000 - Residents property management293,050
    35110 - Production of electricity28826
    7415 - Holding companies including head offices281,595
    74909 - Other professional, scientific and technical activities not elsewhere classified289,892
    8512 - Medical practice activities272,116
    70229 - Management consultancy activities other than financial management2719,704
    86900 - Other human health activities275,066
    56101 - Licensed restaurants251,885
    5530 - Restaurants254,633
    62020 - Information technology consultancy activities2514,303
    7499 - Non-trading company249,102

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI611660 KEARNEY'S BAR LTD 12 Mar 2012
    NI611687 COMMUNITY RADIO FOR BELFAST LIMITED 13 Mar 2012
    NI611690 ORANGETREE CAPITAL 13 Mar 2012
    NI611826 RIIS (N.I.) LIMITED 22 Mar 2012
    NI611989 FORDE CAMPBELL LIMITED 30 Mar 2012
    NI612009 DERRYOWEN LIMITED 30 Mar 2012
    NI611703 RETRO-JUICE LIMITED 13 Mar 2012
    NI611790 TEN SQUIDS LIMITED 20 Mar 2012
    NI611820 HUNTFORD MARTIN LIMITED 22 Mar 2012
    NI611978 KRIS INNS LTD 29 Mar 2012
    NI611699 REDBURN SOLUTIONS LTD 13 Mar 2012
    NI611747 SSE AIRTRICITY GAS (NI) LIMITED 15 Mar 2012
    NI611748 BT3 BUSINESS CENTRE LIMITED 15 Mar 2012
    NI611498 CHINKA CHINKA CHINKA LTD 02 Mar 2012
    NI611532 TELL ROMANIA 05 Mar 2012
    NI611648 ALPINE SHERPA LTD 09 Mar 2012
    NI611671 TROPICAL TAN (NI) LIMITED 12 Mar 2012
    NI611584 ANDREW BANKS FASHION LTD. 07 Mar 2012
    NI611651 BELFAST STUDENT ACCOMMODATION LIMITED 09 Mar 2012
    NI611773 TOLAN CONSULTING LIMITED 20 Mar 2012
    NI611861 3SIXTY CREATE LTD 23 Mar 2012
    NI611909 MR. MIR SARFRAZ MAHMOOD 27 Mar 2012
    NI611923 CRAIG FOODS (NI) LIMITED 27 Mar 2012
    NI611946 ANDREW MORRIS GOLF LIMITED 28 Mar 2012
    NI611959 AIDAN MCCRYSTAL PROPERTIES LIMITED 29 Mar 2012