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Belfast, Belfast

Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • Q1 2013 saw a new record in company registrations in Belfast when compared to any previous Q1.
  • Q1 2013 was a record quarter for company registrations in Belfast when compared to any quarter in history.
  • March 2013 saw a new record in company registrations in Belfast when compared to any previous March.
  • March 2013 was a record month for company registrations in Belfast when compared to any month in history.
  • January 2013 saw a new record in company registrations in Belfast when compared to any previous January.
  • March 2013 saw a new record in company closures in Belfast when compared to any previous March.
  • January 2013 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 2013)

    Q1 2013 saw a new record in company registrations in Belfast when compared to any previous Q1.

    Q1 2013 was a record quarter for company registrations in Belfast when compared to any quarter in history.

    A total of 493 companies were registered in Belfast during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 6.0% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)BelfastUK
    2013493134,802
    2012465131,491
    % change6.0%2.5%
    Record Year 2013 (493) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2013)

    March 2013 saw a new record in company registrations in Belfast when compared to any previous March.

    March 2013 was a record month for company registrations in Belfast when compared to any month in history.

    January 2013 saw a new record in company registrations in Belfast when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2013137167189
    New companies in 2012135170160
    % change1.5%-1.8%18.1%
    Record Year2013 (137)2012 (170)2013 (189)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2013)

    A total of 270 companies were dissolved in Belfast during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 8.4% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)BelfastUK
    201327077,914
    201224967,576
    % change8.4%15.3%
    Record Year 2013 (270) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2013)

    March 2013 saw a new record in company closures in Belfast when compared to any previous March.

    January 2013 saw a new record in company closures in Belfast when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20138775108
    Closed companies in 2012719583
    % change22.5%-21.1%30%
    Record Year2013 (87)2011 (97)2013 (108)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2013)

    Net company growth for Belfast during the first quarter of 2013 (Jan 2013 - Mar 2013) was 223 companies.

    first quarter (Jan 2013 - Mar 2013)BelfastUK
    201322356,888
    201221663,915
    Record Year 2007 (348) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013509281
    Net growth in 2012647577
    Record Year2006 (101)2006 (99)2007 (151)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2013)

    In the first quarter of 2013, Belfast formed 0.4% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Belfast
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    20090.2%
    Record Year (since 1960) 1968 (1.2%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.3%0.4%0.4%
    UK formation share in 20120.3%0.4%0.3%
    % change-9.0%-2.5%22.1%
    Record Year1939 (3.0%)1924 (3.3%)1979 (13.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The average age of a director in the first quarter of 2013 was 48.3.

    The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 1.8%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The record first quarter for female directors in Belfast was in 2009 when 30.7% of all directors were female.

    26.8% of all director appointments in Belfast in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    (NI)4.17%CONSULTING5.18%
    MANAGEMENT2.38%MANAGEMENT4.78%
    BELFAST1.83%CONSULTANCY3.30%
    CONSULTING1.27%PROPERTY2.44%
    MEDICAL1.23%TRADING2.06%
    IRELAND1.03%DESIGN1.79%
    TRADING1.03%ENGINEERING1.78%
    (N.I.)1.03%BUSINESS1.77%
    PROPERTY0.95%ASSOCIATES1.75%
    DEVELOPMENTS0.95%LONDON1.72%
    PROPERTIES0.83%CONSULTANTS1.71%
    NI0.83%CONSTRUCTION1.69%
    INVESTMENTS0.79%MEDIA1.63%
    ENERGY0.79%GLOBAL1.57%
    ENTERPRISES0.71%J1.56%
    DR.0.71%CARE1.46%
    CONSULTANCY0.67%IT1.43%
    DR0.67%INVESTMENTS1.41%
    CONSTRUCTION0.67%PROPERTIES1.36%
    CO0.64%M1.25%
    TRUSTEES0.52%BUILDING1.21%
    CARE0.52%ENTERPRISES1.19%
    TECHNOLOGIES0.48%ELECTRICAL1.18%
    DESIGN0.48%TRAINING1.17%
    SECURITY0.44%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied662249,183
    99999 - Dormant Company20143,384
    86210 - General medical practice activities1584,062
    96090 - Other service activities not elsewhere classified7323,532
    82990 - Other business support service activities not elsewhere classified6854,531
    74990 - Non-trading company6514,129
    62020 - Information technology consultancy activities5824,894
    70229 - Management consultancy activities other than financial management5432,624
    41100 - Development of building projects488,637
    74909 - Other professional, scientific and technical activities not elsewhere classified4616,448
    98000 - Residents property management414,579
    86900 - Other human health activities418,465
    86220 - Specialists medical practice activities393,249
    56101 - Licensed restaurants376,894
    68209 - Other letting and operating of own or leased real estate377,507
    35110 - Production of electricity361,854
    62012 - Business and domestic software development348,099
    86230 - Dental practice activities292,346
    68320 - Management of real estate on a fee or contract basis285,104
    62090 - Other information technology service activities2712,664

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI616185 MILLTOWN ENTERPRISES LIMITED 07 Jan 2013
    NI616359 MATCON SHOP FITTING LTD 17 Jan 2013
    NI616405 JL HOT FOODS LIMITED 21 Jan 2013
    NI616534 BEECHVIEW PROPERTIES LIMITED 29 Jan 2013
    NI616116 PALE BLUE DOT CREATIVE LIMITED 02 Jan 2013
    NI616429 CORPUS OMNE LTD 22 Jan 2013
    NI616507 TITANIC HOTEL BELFAST LIMITED 28 Jan 2013
    NI616408 IPD GOLF LTD 21 Jan 2013
    NI616176 CYBER CONSULTANCY SERVICES LTD 07 Jan 2013
    NI616200 AUTO ENROL SOLUTIONS (NI) LTD 08 Jan 2013
    NI616266 IVREA LTD 11 Jan 2013
    NI616375 AWESOMEDEALS LIMITED 18 Jan 2013
    NI616436 SJM INVESTMENTS LTD 23 Jan 2013
    NI616541 UMBRELLA FINANCIAL SERVICES LIMITED 29 Jan 2013
    NI616567 MDP SECURITY SOLUTIONS LIMITED 31 Jan 2013
    NI616171 STEPHIFF LIMITED 07 Jan 2013
    NI616259 V F PASTOR LIMITED 10 Jan 2013
    NI616263 LIFE STYLE SPORTS (NI) LIMITED 10 Jan 2013
    NI616320 LIFESTYLE SPORTS RICHMOND LIMITED 15 Jan 2013
    NI616249 IRISH HOTEL & HOLIDAY SERVICES UK LIMITED 10 Jan 2013
    NI616448 32 POINTS LTD 23 Jan 2013
    NI616478 JNJ INT LIMITED 25 Jan 2013
    NI616172 BIG BARGAIN STORE LIMITED 07 Jan 2013
    NI616189 JOE'S BARBERS LTD 07 Jan 2013
    NI616265 ABDELRAHMAN MEDICAL LTD 11 Jan 2013

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