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Belfast, Belfast

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Belfast when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Belfast when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Belfast when compared to any previous Q2.
  • May 2012 saw a new record in company registrations in Belfast when compared to any previous May.
  • April 2012 saw a new record in company registrations 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 2012)

    The first half of 2012 saw a new record in company registrations in Belfast when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Belfast when compared to any half year in history.

    In the first half of 2012 a total of 888 companies were formed in Belfast. This figure is 17.5% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Belfast occurred in 2012 when a total of 888 were formed.

    Half Year (Jan-Jun)BelfastUK
    2012888253,150
    2011756228,735
    % change17.5%10.7%
    Record Year2012 (888)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Belfast when compared to any previous Q2.

    A total of 423 companies were registered in Belfast during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 11.3% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)BelfastUK
    2012423121,659
    2011380112,344
    % change11.3%8.3%
    Record Year 2012 (423) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    May 2012 saw a new record in company registrations in Belfast when compared to any previous May.

    April 2012 saw a new record in company registrations in Belfast when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2012140158125
    New companies in 2011121131128
    % change15.7%20.6%-2.3%
    Record Year2012 (140)2012 (158)2007 (142)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 507 companies were dissolved in Belfast. This figure is 4.5% lower than last year, which compares badly to the UK wide change of -8.9%.

    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
    2012507147,793
    2011531162,310
    % change-4.5%-8.9%
    Record Year2011 (531)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 258 companies were dissolved in Belfast during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 18.9% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)BelfastUK
    201225880,218
    201131871,324
    % change-18.9%12.5%
    Record Year 2010 (406) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012719889
    Closed companies in 20114617597
    % change54.3%-44.0%-8%
    Record Year2010 (85)2010 (259)2011 (97)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Belfast increased by 381 companies.

    Half Year (Jan-Jun)BelfastUK
    2012381105,357
    201122566,425
    Record Year2006 (600)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Belfast during the second quarter of 2012 (Apr 2012 - Jun 2012) was 165 companies.

    second quarter (Apr 2012 - Jun 2012)BelfastUK
    201216541,441
    20116241,020
    Record Year 2005 (365) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012696036
    Net growth in 201175-4431
    Record Year2011 (75)2004 (115)2000 (77)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Belfast formed 0.4% of all UK companies. This is more than the 2011 figure of 0.3%.

    Half Year (Jan-Jun)Belfast
    20120.4%
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    Record Year (since 1960) 1968 (1.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Belfast formed 0.3% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Belfast
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1968 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.3%0.4%0.3%
    UK formation share in 20110.4%0.3%0.3%
    % change-2.6%5.7%4.3%
    Record Year1979 (13.8%)1968 (1.6%)1960 (1.6%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 44.6.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 45.3.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    24.3% of all director appointments in Belfast in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Belfast was in 1866 when 57.1% of all directors were female.

    24.1% of all director appointments in Belfast in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)3.08%CONSULTING5.07%
    MANAGEMENT2.65%MANAGEMENT4.74%
    BELFAST2.14%CONSULTANCY3.28%
    IRELAND1.03%PROPERTY2.35%
    (N.I.)0.98%TRADING2.10%
    DR.0.94%DESIGN1.89%
    MEDICAL0.94%ENGINEERING1.87%
    CONSULTING0.94%ASSOCIATES1.82%
    ENTERPRISES0.94%CONSULTANTS1.78%
    TRADING0.90%CONSTRUCTION1.71%
    PROPERTY0.90%BUSINESS1.70%
    DEVELOPMENTS0.90%MEDIA1.69%
    PROPERTIES0.77%LONDON1.68%
    CONSULTANCY0.77%J1.57%
    JCA0.77%GLOBAL1.51%
    LAGAN0.73%INVESTMENTS1.48%
    NI0.64%IT1.42%
    SHELF0.64%CARE1.31%
    CONSTRUCTION0.64%PROPERTIES1.31%
    MAINTENANCE0.64%M1.26%
    CENTRE0.60%ELECTRICAL1.23%
    ENERGY0.60%BUILDING1.23%
    (NO.0.60%SECURITY1.19%
    TECHNOLOGIES0.51%S1.18%
    CO0.51%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied542244,457
    86210 - General medical practice activities1262,657
    99999 - Dormant Company11326,088
    7487 - Other business activities10747,029
    9999 - Dormant Company6716,469
    96090 - Other service activities not elsewhere classified5014,220
    82990 - Other business support service activities not elsewhere classified4935,447
    74990 - Non-trading company469,706
    74909 - Other professional, scientific and technical activities not elsewhere classified3410,271
    41100 - Development of building projects335,149
    62020 - Information technology consultancy activities3015,280
    98000 - Residents property management293,001
    86900 - Other human health activities285,222
    35110 - Production of electricity27940
    7415 - Holding companies including head offices261,481
    8512 - Medical practice activities261,960
    70229 - Management consultancy activities other than financial management2520,390
    5530 - Restaurants244,037
    7499 - Non-trading company238,023
    68320 - Management of real estate on a fee or contract basis213,365

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI612073 DERAMORE DEVELOPMENTS LIMITED 04 Apr 2012
    NI612098 BELFAST TAXI BUS AND COACH HIRE LIMITED 05 Apr 2012
    NI612167 SLIEVEARD WIND FARM LIMITED 12 Apr 2012
    NI612369 KIDDERTON LIMITED 24 Apr 2012
    NI612437 FIXAFONE LTD 26 Apr 2012
    NI612109 RAINBOW GARLAND LIMITED 05 Apr 2012
    NI612171 CHERRYMOUNT MANAGEMENT COMPANY LIMITED 12 Apr 2012
    NI612310 FLY FISKE LTD 20 Apr 2012
    NI612323 CHEVRON CLEANERS LIMITED 20 Apr 2012
    NI612392 RICHHILL COMMUNITY & ARTS ASSOCIATION LTD 25 Apr 2012
    NI612187 EVERYTHING MOTORING IRELAND LIMITED 12 Apr 2012
    NI612297 EAST BELFAST COMMUNITY COUNSELLING CENTRE 19 Apr 2012
    NI612408 BCGC LTD 26 Apr 2012
    NI612447 BUTTERCUPS CHILDCARE LIMITED 27 Apr 2012
    NI612468 FORBES PROPERTY MANAGEMENT LTD 30 Apr 2012
    NI612022 MAKE INTERIORS LTD 02 Apr 2012
    NI612032 VERITY PENSIONS LIMITED 02 Apr 2012
    NI612069 NEGRIL ENTERPRISES LTD 04 Apr 2012
    NI612192 DIVERSITAS SERVICES LTD 13 Apr 2012
    NI612195 QUOILE CONSTRUCTION LTD 13 Apr 2012
    NI612237 DR. BARBARA RYAN 17 Apr 2012
    NI612261 EQUITY RETURN LTD 18 Apr 2012
    NI612287 O'MALLEY CONSULTING LIMITED 19 Apr 2012
    NI612420 BELL SECURITY IRELAND LIMITED 26 Apr 2012
    NI612429 ALZ BELFAST LTD 26 Apr 2012