Belfast, Belfast

2013 Half Year 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

  • The first half of 2013 saw a new record in company registrations in Belfast when compared to any previous first half year.
  • The first half of 2013 was a record first half year for company registrations in Belfast when compared to any half year in history.
  • Q2 2013 saw a new record in company registrations in Belfast when compared to any previous Q2.
  • June 2013 saw a new record in company registrations in Belfast when compared to any previous June.
  • April 2013 saw a new record in company registrations in Belfast when compared to any previous April.
  • The first half of 2013 saw a new record in company closures in Belfast when compared to any previous first half year.

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 2013)

    The first half of 2013 saw a new record in company registrations in Belfast when compared to any previous first half year.

    The first half of 2013 was a record first half year for company registrations in Belfast when compared to any half year in history.

    In the first half of 2013 a total of 976 companies were formed in Belfast. This figure is 9.9% higher than last year, which compares well to the UK wide figure of 6.4%.

    The highest total for a first half year in Belfast occurred in 2013 when a total of 976 were formed.

    Half Year (Jan-Jun)BelfastUK
    2013976269,432
    2012888253,150
    % change9.9%6.4%
    Record Year2013 (976)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Q2 2013 saw a new record in company registrations in Belfast when compared to any previous Q2.

    A total of 483 companies were registered in Belfast during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 14.2% versus the same period last year (Q2 2012). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)BelfastUK
    2013483134,630
    2012423121,659
    % change14.2%10.7%
    Record Year 2013 (483) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2013171142170
    New companies in 2012140158125
    % change22.1%-10.1%36.0%
    Record Year2013 (171)2012 (158)2013 (170)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    The first half of 2013 saw a new record in company closures in Belfast when compared to any previous first half year.

    In the first half of 2013 a total of 546 companies were dissolved in Belfast. This figure is 7.7% higher than last year, which compares badly to the UK wide change of 5.0%.

    The highest total for a first half year in Belfast occurred in 2013 when a total of 546 were closed.

    Half Year (Jan-Jun)BelfastUK
    2013546155,192
    2012507147,794
    % change7.7%5.0%
    Record Year2013 (546)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 276 companies were dissolved in Belfast during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 7.0% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)BelfastUK
    201327677,278
    201225880,218
    % change7.0%-3.7%
    Record Year 2010 (406) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20136612981
    Closed companies in 2012719889
    % change-7.0%31.6%-9%
    Record Year2010 (85)2010 (259)2011 (97)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Belfast increased by 430 companies.

    Half Year (Jan-Jun)BelfastUK
    2013430114,240
    2012381105,356
    Record Year2007 (735)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Belfast during the second quarter of 2013 (Apr 2013 - Jun 2013) was 207 companies.

    second quarter (Apr 2013 - Jun 2013)BelfastUK
    201320757,352
    201216541,441
    Record Year 2007 (387) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    AprilMayJune
    Net growth in 20131051389
    Net growth in 2012696036
    Record Year2005 (133)2007 (154)2007 (142)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Belfast formed 0.4% of all UK companies. This is the same as the 2012 figure of 0.4%.

    Half Year (Jan-Jun)Belfast
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    20090.2%
    Record Year (since 1960) 1968 (1.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

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

    second quarter (Apr 2013 - Jun 2013)Belfast
    20130.4%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 1968 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.4%0.3%0.4%
    UK formation share in 20120.3%0.4%0.3%
    % change2.6%-12.7%23.1%
    Record Year1979 (13.8%)1931 (4.9%)1928 (3.2%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 45.7.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 44.8.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Belfast was 2009 when 28.5% of all directors were female.

    26.1% of all director appointments in Belfast in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Belfast was in 2005 when 26.4% of all directors were female.

    25.9% of all director appointments in Belfast in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)4.30%CONSULTING5.25%
    MANAGEMENT2.63%MANAGEMENT4.80%
    BELFAST1.39%CONSULTANCY3.41%
    CONSULTING1.39%PROPERTY2.48%
    MEDICAL1.20%TRADING2.05%
    (N.I.)1.08%ENGINEERING1.81%
    TRADING1.05%DESIGN1.79%
    IRELAND1.01%LONDON1.77%
    NI1.01%BUSINESS1.77%
    INVESTMENTS0.85%CONSULTANTS1.68%
    DEVELOPMENTS0.77%CONSTRUCTION1.68%
    PROPERTY0.77%ASSOCIATES1.67%
    ENERGY0.74%GLOBAL1.59%
    ASSETS0.74%MEDIA1.57%
    PROPERTIES0.66%CARE1.55%
    DR.0.62%J1.53%
    CONSULTANCY0.58%INVESTMENTS1.46%
    CONTRACTS0.54%IT1.40%
    NO.0.54%PROPERTIES1.40%
    ENTERPRISES0.54%M1.26%
    CONSTRUCTION0.54%BUILDING1.22%
    DESIGN0.54%ELECTRICAL1.19%
    CO0.54%ENTERPRISES1.18%
    PRODUCTIONS0.50%CAPITAL1.16%
    MEDIA0.50%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied708257,517
    99999 - Dormant Company22744,817
    86210 - General medical practice activities1643,882
    82990 - Other business support service activities not elsewhere classified7254,555
    96090 - Other service activities not elsewhere classified7224,324
    74990 - Non-trading company6414,303
    62020 - Information technology consultancy activities5925,583
    86220 - Specialists medical practice activities553,250
    70229 - Management consultancy activities other than financial management5233,633
    41100 - Development of building projects518,876
    74909 - Other professional, scientific and technical activities not elsewhere classified5117,095
    98000 - Residents property management444,626
    86900 - Other human health activities398,687
    68209 - Other letting and operating of own or leased real estate397,871
    56101 - Licensed restaurants377,148
    62012 - Business and domestic software development378,590
    68100 - Buying and selling of own real estate305,141
    68320 - Management of real estate on a fee or contract basis295,184
    35110 - Production of electricity271,897
    86230 - Dental practice activities262,138

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI618668 SPB DEVELOPMENT LIMITED 03 Jun 2013
    NI618763 MOANBAUN LTD 07 Jun 2013
    NI618787 ALEX MEKKI HAIR LTD 10 Jun 2013
    NI618857 WEBVEST LIMITED 13 Jun 2013
    NI618929 THE COLLECTIVE CAFE LTD 18 Jun 2013
    NI619015 NADIA SCOTT LIMITED 24 Jun 2013
    NI619039 DUCALES TRADING NO. 6 LIMITED 24 Jun 2013
    NI619040 DUCALES TRADING NO. 5 LIMITED 24 Jun 2013
    NI619042 DUCALES TRADING NO. 3 LIMITED 24 Jun 2013
    NI619044 DUCALES TRADING NO. 1 LIMITED 24 Jun 2013
    NI618743 CAUSEWAY MEDICAL LIMITED 06 Jun 2013
    NI618768 INNOVATIVE SOLUTIONS FOR THE SCHOLARLY RESEARCH COMMUNITY LIMITED 07 Jun 2013
    NI618977 BNRG NORTHERN POWER LIMITED 20 Jun 2013
    NI619108 MYTIME FURNITURE LIMITED 27 Jun 2013
    NI618693 WALLACE LANDSCAPES & GARDENS LIMITED 04 Jun 2013
    NI618749 DENVIR HOLDINGS LIMITED 06 Jun 2013
    NI618961 ENTOMOL LIMITED 20 Jun 2013
    NI619091 BELMORE MANAGEMENT COMPANY (NI) LIMITED 26 Jun 2013
    NI619133 DANESCOURT MANAGEMENT LIMITED 28 Jun 2013
    NI618760 AB MECHANICAL SOLUTIONS LIMITED 07 Jun 2013
    NI618765 NOTHING U WANT LTD 07 Jun 2013
    NI618840 MARTIN COOKE LIMITED 12 Jun 2013
    NI618864 GOWAN MGMT LIMITED 13 Jun 2013
    NI618739 MOUNTAIN INSIGHTS LTD 06 Jun 2013
    NI618725 EWE DEVELOPMENTS LTD 05 Jun 2013