Belfast, Belfast

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Belfast when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Belfast when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Belfast when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Belfast when compared to any quarter in history.
  • May 2014 saw a new record in company registrations in Belfast when compared to any previous May.
  • The first half of 2014 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 2014)

    The first half of 2014 saw a new record in company registrations in Belfast when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Belfast when compared to any half year in history.

    In the first half of 2014 a total of 983 companies were formed in Belfast. This figure is 0.7% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Belfast occurred in 2014 when a total of 983 were formed.

    Half Year (Jan-Jun)BelfastUK
    2014983300,731
    2013976269,432
    % change0.7%11.6%
    Record Year2014 (983)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Belfast when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Belfast when compared to any quarter in history.

    A total of 505 companies were registered in Belfast during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 4.6% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BelfastUK
    2014505150,009
    2013483134,630
    % change4.6%11.4%
    Record Year 2014 (505) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company registrations in Belfast when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2014168186151
    New companies in 2013171142170
    % change-1.8%31.0%-11.2%
    Record Year2013 (171)2014 (186)2013 (170)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    The first half of 2014 saw a new record in company closures in Belfast when compared to any previous first half year.

    In the first half of 2014 a total of 562 companies were dissolved in Belfast. This figure is 2.9% higher than last year, which compares well to the UK wide change of 14.2%.

    The highest total for a first half year in Belfast occurred in 2014 when a total of 562 were closed.

    Half Year (Jan-Jun)BelfastUK
    2014562177,207
    2013546155,192
    % change2.9%14.2%
    Record Year2014 (562)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 292 companies were dissolved in Belfast during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 5.8% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)BelfastUK
    201429294,837
    201327677,278
    % change5.8%22.7%
    Record Year 2010 (406) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20148112190
    Closed companies in 20136612981
    % change22.7%-6.2%11%
    Record Year2010 (85)2010 (259)2011 (97)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Belfast increased by 421 companies.

    Half Year (Jan-Jun)BelfastUK
    2014421123,524
    2013430114,240
    Record Year2007 (735)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Belfast during the second quarter of 2014 (Apr 2014 - Jun 2014) was 213 companies.

    second quarter (Apr 2014 - Jun 2014)BelfastUK
    201421355,172
    201320757,352
    Record Year 2007 (387) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014876561
    Net growth in 20131051389
    Record Year2005 (133)2007 (154)2007 (142)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Belfast formed 0.3% of all UK companies. This is less than the 2013 figure of 0.4%.

    Half Year (Jan-Jun)Belfast
    20140.3%
    20130.4%
    20120.4%
    20110.3%
    20100.3%
    Record Year (since 1960) 1968 (1.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Belfast formed 0.3% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Belfast
    20140.3%
    20130.4%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1968 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.3%0.4%0.3%
    UK formation share in 20130.4%0.3%0.4%
    % change-11.4%20.9%-23.0%
    Record Year1979 (13.8%)1931 (4.9%)1928 (3.2%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.7.

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

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.8.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

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

    25.2% of all director appointments in Belfast in the first half of 2014 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 2014)

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

    24.7% of all director appointments in Belfast in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    (NI)3.86%CONSULTING5.16%
    MANAGEMENT2.55%MANAGEMENT4.64%
    BELFAST2.21%CONSULTANCY3.50%
    CONSULTING1.35%PROPERTY2.66%
    PROPERTY1.31%TRADING2.03%
    MEDICAL1.27%ENGINEERING1.99%
    NI1.01%CONSTRUCTION1.93%
    PROPERTIES1.01%LONDON1.93%
    TRADING1.01%CARE1.85%
    DEVELOPMENTS0.94%DESIGN1.75%
    TRUSTEES0.82%CONSULTANTS1.73%
    CONSULTANCY0.79%BUSINESS1.69%
    STAVELEY0.75%PROPERTIES1.63%
    IRELAND0.75%TRANSPORT1.58%
    INVESTMENTS0.67%GLOBAL1.55%
    M0.67%INVESTMENTS1.55%
    S0.64%J1.51%
    ENGINEERING0.60%ASSOCIATES1.48%
    ROAD0.60%MEDIA1.44%
    PRODUCTIONS0.56%ELECTRICAL1.40%
    SYSTEMS0.56%IT1.33%
    HOLDINGS0.52%DEVELOPMENTS1.33%
    ENERGY0.52%BUILDING1.26%
    DESIGN0.52%M1.24%
    TRAINING0.49%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied754261,557
    99999 - Dormant Company24048,436
    86210 - General medical practice activities974,176
    82990 - Other business support service activities not elsewhere classified8857,421
    86220 - Specialists medical practice activities763,855
    96090 - Other service activities not elsewhere classified7528,352
    70229 - Management consultancy activities other than financial management7440,250
    68100 - Buying and selling of own real estate716,413
    74909 - Other professional, scientific and technical activities not elsewhere classified6719,058
    62020 - Information technology consultancy activities6129,029
    41100 - Development of building projects6110,527
    68209 - Other letting and operating of own or leased real estate5910,133
    62012 - Business and domestic software development539,834
    86900 - Other human health activities4611,292
    98000 - Residents property management455,046
    74990 - Non-trading company4314,351
    56101 - Licensed restaurants428,585
    56102 - Unlicensed restaurants and cafes394,395
    62090 - Other information technology service activities3713,024
    35110 - Production of electricity352,396

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI623822 SP GRAHAM D1 LTD 02 Apr 2014
    NI623828 HEINEKEN (NI) LTD 02 Apr 2014
    NI623884 UNITEK TIMBER FRAMED SYSTEMS LIMITED 04 Apr 2014
    NI623956 OSIRIS (NI) LIMITED 08 Apr 2014
    NI624109 HOLLYWOOD NAILS (BELFAST) LIMITED 15 Apr 2014
    NI624145 BALANCE LEISURE FITNESS LTD 16 Apr 2014
    NI624150 NEW COUNTY ENTERPRISE LTD 16 Apr 2014
    NI624200 CM LAW (NI) LIMITED 22 Apr 2014
    NI624275 GHS GERMAN HEALTHCARE SYSTEMS LIMITED 25 Apr 2014
    NI623814 THE RANA HOSPITALITY TRAINING TRUST LTD 02 Apr 2014
    NI624008 NORTH COAST METAL BROKERS LTD 09 Apr 2014
    NI624111 BOYLE INNS LIMITED 15 Apr 2014
    NI624365 HOME MANAGEMENT SOLUTIONS LIMITED 30 Apr 2014
    NI624107 COASTWAYS RECORDS MANAGEMENT LTD 14 Apr 2014
    NI623908 HC SEARCH LTD 04 Apr 2014
    NI624175 NATURAL E LTD 17 Apr 2014
    NI624214 QUOILE CRESCENT MEADOWLANDS MANAGEMENT COMPANY LIMITED 22 Apr 2014
    NI623920 JOYO PSYCHOLOGY ACADEMY LIMITED 07 Apr 2014
    NI623928 ROCKMOUNT UTILITIES LIMITED 07 Apr 2014
    NI623953 CMG ENTERPRISES LTD 08 Apr 2014
    NI624085 GAMEKEYLAND & PTSP LTD 14 Apr 2014
    NI623944 CYRETH LTD 07 Apr 2014
    NI624019 NXT CONSULTING LIMITED 10 Apr 2014
    NI624136 EUSTON CONSULTANCY LTD 16 Apr 2014
    NI624208 EL ILLUMINATION LIMITED 22 Apr 2014