Belfast, Belfast

2013 Annual 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

  • 2013 was a record year for company registrations in Belfast when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Belfast when compared to any previous second half year.
  • December 2013 saw a new record in company registrations in Belfast when compared to any previous December.
  • November 2013 saw a new record in company registrations in Belfast when compared to any previous November.

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. Annual Data (2013)

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

    A total of 1,938 companies were formed in Belfast in 2013. This total is 8.8% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearBelfastUK
    20131,938529,363
    20121,781491,893
    20111,509452,870
    20101,298400,358
    2009977362,675
    Record Year2013 (1,938)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

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

    In the second half of 2013 a total of 962 companies were formed in Belfast. This figure is 7.7% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Belfast occurred in 2013 when a total of 962 were formed.

    Half Year (Jul-Dec)BelfastUK
    2013962259,931
    2012893238,743
    % change7.7%8.9%
    Record Year2013 (962)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 470 companies were registered in Belfast during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 2.7% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)BelfastUK
    2013470127,247
    2012483119,875
    % change-2.7%6.1%
    Record Year 2012 (483) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013160177133
    New companies in 2012185172126
    % change-13.5%2.9%5.6%
    Record Year2012 (185)2013 (177)2013 (133)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 1,016 companies were dissolved in Belfast in 2013. This total is 3.7% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearBelfastUK
    20131,016332,213
    2012980293,729
    20111,028314,524
    20101,595342,233
    200917533,789
    Record Year2010 (1,595)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 470 companies were dissolved in Belfast. This figure is 0.6% lower than last year, which compares well to the UK wide change of 21.3%.

    The highest total for a second half year in Belfast occurred in 2010 when a total of 1,123 were closed.

    Half Year (Jul-Dec)BelfastUK
    2013470177,021
    2012473145,935
    % change-0.6%21.3%
    Record Year2010 (1,123)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 248 companies were dissolved in Belfast during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 11.2% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)BelfastUK
    201324890,851
    201222370,027
    % change11.2%29.7%
    Record Year 2010 (553) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013917879
    Closed companies in 2012738169
    % change24.7%-3.7%14%
    Record Year2010 (383)2012 (81)2010 (103)

Net Company Growth

  1. Annual Data (2013)

    A total of 922 companies were added to the company register for Belfast in 2013. This number represents growth of 47.6% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 121 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Belfast company register grew by 1,275 companies.

    YearBelfastUK
    2013922197,150
    2012801198,164
    2011481138,346
    2010-29758,125
    2009960-171,114
    Record Year2007 (1,275)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Belfast increased by 492 companies.

    Half Year (Jul-Dec)BelfastUK
    201349282,910
    201242092,808
    Record Year2003 (616)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Belfast during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 222 companies.

    fourth quarter (Oct 2013 - Dec 2013)BelfastUK
    201322236,396
    201226049,848
    Record Year 2006 (342) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013699954
    Net growth in 20121129157
    Record Year2003 (138)2003 (108)2006 (114)

UK Company Share

  1. Annual Data (2013)

    In 2013 Belfast formed 0.4% of all UK companies. This is no change on 2012 when Belfast was responsible for 0.4% of all UK companies.

    YearBelfast
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960)1968 (1.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

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

    Half Year (Jul-Dec)Belfast
    20130.4%
    20120.4%
    20110.3%
    20100.4%
    20090.3%
    Record Year (since 1960) 1968 (1.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

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

    fourth quarter (Oct 2013 - Dec 2013)Belfast
    20130.4%
    20120.4%
    20110.3%
    20100.4%
    20090.3%
    Record Year (since 1960) 1968 (1.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.3%0.4%0.4%
    UK formation share in 20120.4%0.4%0.4%
    % change-19.6%1.1%-4.0%
    Record Year1924 (3.9%)1938 (3.1%)1943 (3.8%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 44.5.

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

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 43.7.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 44.2.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Belfast was 1926 when 63.6% of all directors were female.

    The percentage of female directors in Belfast in 2013 was 24.5%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Belfast was 2005 when 26.8% of all directors were female.

    23.4% of all director appointments in Belfast in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Belfast was in 2007 when 27.8% of all directors were female.

    24.8% of all director appointments in Belfast in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)4.20%CONSULTING5.22%
    MANAGEMENT2.79%MANAGEMENT4.72%
    BELFAST1.67%CONSULTANCY3.45%
    CONSULTING1.49%PROPERTY2.59%
    PROPERTY1.19%TRADING2.08%
    MEDICAL1.15%ENGINEERING1.87%
    NI1.04%LONDON1.86%
    TRADING1.00%DESIGN1.76%
    DEVELOPMENTS1.00%CONSTRUCTION1.73%
    IRELAND0.85%CARE1.73%
    PROPERTIES0.71%BUSINESS1.71%
    (N.I.)0.67%CONSULTANTS1.68%
    ASSETS0.63%GLOBAL1.58%
    HOLDINGS0.59%INVESTMENTS1.56%
    CONSULTANCY0.59%PROPERTIES1.54%
    DESIGN0.59%ASSOCIATES1.53%
    PRODUCTIONS0.59%J1.51%
    ENTERPRISES0.56%MEDIA1.50%
    CONSTRUCTION0.56%IT1.35%
    INVESTMENTS0.52%DEVELOPMENTS1.23%
    ENERGY0.52%M1.23%
    CARE0.48%BUILDING1.21%
    SECURITY0.48%ELECTRICAL1.20%
    CONTRACTS0.45%CAPITAL1.19%
    (BELFAST)0.45%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied770266,814
    99999 - Dormant Company23546,762
    86210 - General medical practice activities1543,942
    82990 - Other business support service activities not elsewhere classified7655,342
    96090 - Other service activities not elsewhere classified7526,001
    62020 - Information technology consultancy activities6727,183
    86220 - Specialists medical practice activities653,561
    74909 - Other professional, scientific and technical activities not elsewhere classified6218,034
    70229 - Management consultancy activities other than financial management6036,164
    74990 - Non-trading company5214,223
    41100 - Development of building projects529,485
    86900 - Other human health activities489,543
    62012 - Business and domestic software development459,360
    68209 - Other letting and operating of own or leased real estate448,733
    98000 - Residents property management414,710
    68100 - Buying and selling of own real estate405,656
    56101 - Licensed restaurants407,685
    68320 - Management of real estate on a fee or contract basis315,236
    35110 - Production of electricity302,102
    56102 - Unlicensed restaurants and cafes303,873

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI620688 MAGEE HEALTH & FITNESS LIMITED 01 Oct 2013
    NI620699 ESTABLISHED COFFEE CO. LTD. 02 Oct 2013
    NI620781 NORTHMOUNT DEVELOPMENTS LIMITED 07 Oct 2013
    NI620782 OBER PROPERTIES LIMITED 07 Oct 2013
    NI620787 JPC PROPERTIES (N.I.) LTD 07 Oct 2013
    NI620807 SHOPKEEP.COM LTD 08 Oct 2013
    NI620972 REMEDY NI LIMITED 17 Oct 2013
    NI621069 12-22 LADY WALLACE ROAD TOWNHOUSE ESTATE MANAGEMENT COMPANY LIMITED 22 Oct 2013
    NI621104 SNP FILMS LTD. 24 Oct 2013
    NI621175 MET INTEGRATED SOLUTIONS LTD 29 Oct 2013
    NI621184 SP GRAHAM RETAIL LTD 30 Oct 2013
    NI620676 THE FIT PIT LIMITED 01 Oct 2013
    NI620735 LAGAN HOMES NEWTOWNARDS LIMITED 03 Oct 2013
    NI620744 CASTLE VIEW INNS LIMITED 03 Oct 2013
    NI620684 BAJA TAQUERIA LIMITED 01 Oct 2013
    NI621150 DENVIR'S INNS LIMITED 28 Oct 2013
    NI621151 GARETH DUNLOP MUSIC LTD 28 Oct 2013
    NI620759 N.B. ELECTRICAL SERVICES (NI) LTD 04 Oct 2013
    NI620876 IPSOLUTIONSNI LIMITED 11 Oct 2013
    NI620840 NEW ROAD PROPERTY MANAGEMENT SERVICES LTD 10 Oct 2013
    NI620983 1 KNOCKVALE PARK MANAGEMENT LIMITED 17 Oct 2013
    NI621120 HOPE STREET PICTURES LTD 25 Oct 2013
    NI620713 QUIRKY WEDDINGS LTD 02 Oct 2013
    NI620846 VEITCH & ASSOCIATES LTD 10 Oct 2013
    NI620853 BALLYCUTLER PROPERTY LIMITED 10 Oct 2013