Belfast, Belfast
Q1 2014 Business Confidence Report
Headlines
- February 2014 saw a new record in company registrations in Belfast when compared to any previous February.
- January 2014 saw a new record in company registrations in Belfast when compared to any previous January.
- January 2014 saw a new record in company closures in Belfast when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 478 companies were registered in Belfast during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 3.0% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Belfast UK 2014 478 150,722 2013 493 134,802 % change -3.0% 11.8% Record Year 2013 (493) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in Belfast when compared to any previous February.
January 2014 saw a new record in company registrations in Belfast when compared to any previous January.
New Companies by Month
January February March New companies in 2014 138 174 166 New companies in 2013 137 167 189 % change 0.7% 4.2% -12.2% Record Year 2014 (138) 2014 (174) 2013 (189)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 270 companies were dissolved in Belfast during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 0.0% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Belfast UK 2014 270 82,370 2013 270 77,914 % change 0.0% 5.7% Record Year 2013 (270) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
January 2014 saw a new record in company closures in Belfast when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2014 96 89 85 Closed companies in 2013 87 75 108 % change 10.3% 18.7% -21% Record Year 2014 (96) 2011 (97) 2013 (108)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Belfast during the first quarter of 2014 (Jan 2014 - Mar 2014) was 208 companies.
first quarter (Jan 2014 - Mar 2014) Belfast UK 2014 208 68,352 2013 223 56,888 Record Year 2007 (348) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 42 85 81 Net growth in 2013 50 92 81 Record Year 2006 (101) 2006 (99) 2007 (151)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Belfast formed 0.3% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Belfast 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% Record Year (since 1960) 1968 (1.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.3% 0.4% 0.3% UK formation share in 2013 0.3% 0.4% 0.4% % change -5.7% -3.8% -26.7% Record Year 1939 (3.0%) 1924 (3.3%) 1979 (13.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 44.7.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Belfast was in 2009 when 30.7% of all directors were female.
25.7% of all director appointments in Belfast in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 3.96% CONSULTING 5.22% MANAGEMENT 2.80% MANAGEMENT 4.67% BELFAST 1.94% CONSULTANCY 3.49% CONSULTING 1.38% PROPERTY 2.64% TRADING 1.27% TRADING 2.05% PROPERTY 1.23% LONDON 1.88% MEDICAL 1.16% ENGINEERING 1.86% NI 1.12% CARE 1.79% PROPERTIES 0.90% CONSTRUCTION 1.75% DEVELOPMENTS 0.82% DESIGN 1.75% TRUSTEES 0.82% CONSULTANTS 1.73% STAVELEY 0.75% BUSINESS 1.71% IRELAND 0.75% PROPERTIES 1.60% DUCALES 0.64% INVESTMENTS 1.60% PRODUCTIONS 0.60% GLOBAL 1.58% INVESTMENTS 0.56% J 1.48% CONSULTANCY 0.56% ASSOCIATES 1.48% HOLDINGS 0.52% MEDIA 1.48% DR. 0.52% IT 1.33% (N.I.) 0.52% TRANSPORT 1.30% DESIGN 0.52% DEVELOPMENTS 1.29% M 0.49% BUILDING 1.24% IT 0.45% M 1.21% ENTERPRISES 0.45% CAPITAL 1.20% TRAINING 0.45% ELECTRICAL 1.19%
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 825 280,210 99999 - Dormant Company 238 47,084 86210 - General medical practice activities 114 3,987 82990 - Other business support service activities not elsewhere classified 89 56,411 96090 - Other service activities not elsewhere classified 75 26,700 86220 - Specialists medical practice activities 69 3,680 70229 - Management consultancy activities other than financial management 68 37,882 62020 - Information technology consultancy activities 66 27,750 74909 - Other professional, scientific and technical activities not elsewhere classified 64 18,491 68100 - Buying and selling of own real estate 55 5,920 41100 - Development of building projects 54 9,855 68209 - Other letting and operating of own or leased real estate 51 9,284 86900 - Other human health activities 49 10,273 62012 - Business and domestic software development 47 9,509 56101 - Licensed restaurants 42 7,965 98000 - Residents property management 42 4,832 74990 - Non-trading company 40 14,135 62090 - Other information technology service activities 34 12,813 68320 - Management of real estate on a fee or contract basis 32 5,419 35110 - Production of electricity 31 2,161
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI623335 BUSH DEMESNE ANTRIM MANAGEMENT COMPANY LTD 11 Mar 2014 NI623343 STAVELEY TRUSTEES 25 LIMITED 11 Mar 2014 NI623348 STAVELEY TRUSTEES 30 LIMITED 11 Mar 2014 NI623386 MW ADVOCATE LTD 12 Mar 2014 NI623424 HOLDCO1 LIMITED 13 Mar 2014 NI623458 NASCENT PROJECT PLANNING LIMITED 18 Mar 2014 NI623634 RABLE LIMITED 26 Mar 2014 NI623635 RUMTON LIMITED 26 Mar 2014 NI623637 ROPERE LIMITED 26 Mar 2014 NI623646 WOLFHOUND MEDIA LIMITED 26 Mar 2014 NI623665 LOCKWOOD (NI) LIMITED 26 Mar 2014 NI623699 MKB CO NO 55 LIMITED 27 Mar 2014 NI623747 LYNCH'S FOODSTORES (HOLDINGS) LIMITED 31 Mar 2014 NI623290 RED MOTOR ACCESSORIES LTD 07 Mar 2014 NI623297 ODYSSEY PARENTING NI LIMITED 07 Mar 2014 NI623513 SOTA (NI) LIMITED 20 Mar 2014 NI623484 OAKLEY BELFAST LIMITED 18 Mar 2014 NI623245 CASTLEHILL VINEYARD LIMITED 06 Mar 2014 NI623620 RGS COURIERS LTD 25 Mar 2014 NI623709 DAVID ALLEN CONSULTANTS LTD 28 Mar 2014 NI623765 CFC TRADING LTD 31 Mar 2014 NI623553 XTEKNI LTD 21 Mar 2014 NI623554 CENTRE FOR DEMOCRACY AND PEACE BUILDING 21 Mar 2014 NI623195 ID AND GM LIMITED 04 Mar 2014 NI623662 G & T BEACOM LIMITED 26 Mar 2014
reports
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