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
New Company Registrations
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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.
Year Belfast UK 2013 1,938 529,363 2012 1,781 491,893 2011 1,509 452,870 2010 1,298 400,358 2009 977 362,675 Record Year 2013 (1,938) 2013 (529,363) New Companies by Year
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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) Belfast UK 2013 962 259,931 2012 893 238,743 % change 7.7% 8.9% Record Year 2013 (962) 2013 (259,931) New Companies by Half Year
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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) Belfast UK 2013 470 127,247 2012 483 119,875 % change -2.7% 6.1% Record Year 2012 (483) 2013 (127,247) New Companies by Quarter
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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
October November December New companies in 2013 160 177 133 New companies in 2012 185 172 126 % change -13.5% 2.9% 5.6% Record Year 2012 (185) 2013 (177) 2013 (133)
Closed Companies (dissolved)
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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.
Year Belfast UK 2013 1,016 332,213 2012 980 293,729 2011 1,028 314,524 2010 1,595 342,233 2009 17 533,789 Record Year 2010 (1,595) 2009 (533,789) Dissolved Companies by Year
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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) Belfast UK 2013 470 177,021 2012 473 145,935 % change -0.6% 21.3% Record Year 2010 (1,123) 2009 (244,544) Dissolved Companies by Half Year
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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) Belfast UK 2013 248 90,851 2012 223 70,027 % change 11.2% 29.7% Record Year 2010 (553) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 91 78 79 Closed companies in 2012 73 81 69 % change 24.7% -3.7% 14% Record Year 2010 (383) 2012 (81) 2010 (103)
Net Company Growth
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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.
Year Belfast UK 2013 922 197,150 2012 801 198,164 2011 481 138,346 2010 -297 58,125 2009 960 -171,114 Record Year 2007 (1,275) 2007 (237,353) Net Growth by Year
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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) Belfast UK 2013 492 82,910 2012 420 92,808 Record Year 2003 (616) 2003 (117,772) Net Growth by Half Year
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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) Belfast UK 2013 222 36,396 2012 260 49,848 Record Year 2006 (342) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 69 99 54 Net growth in 2012 112 91 57 Record Year 2003 (138) 2003 (108) 2006 (114)
UK Company Share
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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.
Year Belfast 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Year
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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 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.4% 2009 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Half Year
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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 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.4% 2009 0.3% Record Year (since 1960) 1968 (1.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.3% 0.4% 0.4% UK formation share in 2012 0.4% 0.4% 0.4% % change -19.6% 1.1% -4.0% Record Year 1924 (3.9%) 1938 (3.1%) 1943 (3.8%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 4.20% CONSULTING 5.22% MANAGEMENT 2.79% MANAGEMENT 4.72% BELFAST 1.67% CONSULTANCY 3.45% CONSULTING 1.49% PROPERTY 2.59% PROPERTY 1.19% TRADING 2.08% MEDICAL 1.15% ENGINEERING 1.87% NI 1.04% LONDON 1.86% TRADING 1.00% DESIGN 1.76% DEVELOPMENTS 1.00% CONSTRUCTION 1.73% IRELAND 0.85% CARE 1.73% PROPERTIES 0.71% BUSINESS 1.71% (N.I.) 0.67% CONSULTANTS 1.68% ASSETS 0.63% GLOBAL 1.58% HOLDINGS 0.59% INVESTMENTS 1.56% CONSULTANCY 0.59% PROPERTIES 1.54% DESIGN 0.59% ASSOCIATES 1.53% PRODUCTIONS 0.59% J 1.51% ENTERPRISES 0.56% MEDIA 1.50% CONSTRUCTION 0.56% IT 1.35% INVESTMENTS 0.52% DEVELOPMENTS 1.23% ENERGY 0.52% M 1.23% CARE 0.48% BUILDING 1.21% SECURITY 0.48% ELECTRICAL 1.20% CONTRACTS 0.45% CAPITAL 1.19% (BELFAST) 0.45% ENERGY 1.14%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 770 266,814 99999 - Dormant Company 235 46,762 86210 - General medical practice activities 154 3,942 82990 - Other business support service activities not elsewhere classified 76 55,342 96090 - Other service activities not elsewhere classified 75 26,001 62020 - Information technology consultancy activities 67 27,183 86220 - Specialists medical practice activities 65 3,561 74909 - Other professional, scientific and technical activities not elsewhere classified 62 18,034 70229 - Management consultancy activities other than financial management 60 36,164 74990 - Non-trading company 52 14,223 41100 - Development of building projects 52 9,485 86900 - Other human health activities 48 9,543 62012 - Business and domestic software development 45 9,360 68209 - Other letting and operating of own or leased real estate 44 8,733 98000 - Residents property management 41 4,710 68100 - Buying and selling of own real estate 40 5,656 56101 - Licensed restaurants 40 7,685 68320 - Management of real estate on a fee or contract basis 31 5,236 35110 - Production of electricity 30 2,102 56102 - Unlicensed restaurants and cafes 30 3,873
Recent Companies
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Randomly selected companies from this quarter
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