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
New Company Registrations
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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) Belfast UK 2014 983 300,731 2013 976 269,432 % change 0.7% 11.6% Record Year 2014 (983) 2014 (300,731) New Companies by Half Year
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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) Belfast UK 2014 505 150,009 2013 483 134,630 % change 4.6% 11.4% Record Year 2014 (505) 2014 (150,009) New Companies by Quarter
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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
April May June New companies in 2014 168 186 151 New companies in 2013 171 142 170 % change -1.8% 31.0% -11.2% Record Year 2013 (171) 2014 (186) 2013 (170)
Closed Companies (dissolved)
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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) Belfast UK 2014 562 177,207 2013 546 155,192 % change 2.9% 14.2% Record Year 2014 (562) 2009 (289,245) Dissolved Companies by Half Year
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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) Belfast UK 2014 292 94,837 2013 276 77,278 % change 5.8% 22.7% Record Year 2010 (406) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 81 121 90 Closed companies in 2013 66 129 81 % change 22.7% -6.2% 11% Record Year 2010 (85) 2010 (259) 2011 (97)
Net Company Growth
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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) Belfast UK 2014 421 123,524 2013 430 114,240 Record Year 2007 (735) 2007 (171,296) Net Growth by Half Year
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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) Belfast UK 2014 213 55,172 2013 207 57,352 Record Year 2007 (387) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 87 65 61 Net growth in 2013 105 13 89 Record Year 2005 (133) 2007 (154) 2007 (142)
UK Company Share
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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 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.3% 2010 0.3% Record Year (since 1960) 1968 (1.3%) Company Share by Half Year
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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 2014 0.3% 2013 0.4% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1968 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.3% 0.4% 0.3% UK formation share in 2013 0.4% 0.3% 0.4% % change -11.4% 20.9% -23.0% Record Year 1979 (13.8%) 1931 (4.9%) 1928 (3.2%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 3.86% CONSULTING 5.16% MANAGEMENT 2.55% MANAGEMENT 4.64% BELFAST 2.21% CONSULTANCY 3.50% CONSULTING 1.35% PROPERTY 2.66% PROPERTY 1.31% TRADING 2.03% MEDICAL 1.27% ENGINEERING 1.99% NI 1.01% CONSTRUCTION 1.93% PROPERTIES 1.01% LONDON 1.93% TRADING 1.01% CARE 1.85% DEVELOPMENTS 0.94% DESIGN 1.75% TRUSTEES 0.82% CONSULTANTS 1.73% CONSULTANCY 0.79% BUSINESS 1.69% STAVELEY 0.75% PROPERTIES 1.63% IRELAND 0.75% TRANSPORT 1.58% INVESTMENTS 0.67% GLOBAL 1.55% M 0.67% INVESTMENTS 1.55% S 0.64% J 1.51% ENGINEERING 0.60% ASSOCIATES 1.48% ROAD 0.60% MEDIA 1.44% PRODUCTIONS 0.56% ELECTRICAL 1.40% SYSTEMS 0.56% IT 1.33% HOLDINGS 0.52% DEVELOPMENTS 1.33% ENERGY 0.52% BUILDING 1.26% DESIGN 0.52% M 1.24% TRAINING 0.49% CO., 1.20%
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 754 261,557 99999 - Dormant Company 240 48,436 86210 - General medical practice activities 97 4,176 82990 - Other business support service activities not elsewhere classified 88 57,421 86220 - Specialists medical practice activities 76 3,855 96090 - Other service activities not elsewhere classified 75 28,352 70229 - Management consultancy activities other than financial management 74 40,250 68100 - Buying and selling of own real estate 71 6,413 74909 - Other professional, scientific and technical activities not elsewhere classified 67 19,058 62020 - Information technology consultancy activities 61 29,029 41100 - Development of building projects 61 10,527 68209 - Other letting and operating of own or leased real estate 59 10,133 62012 - Business and domestic software development 53 9,834 86900 - Other human health activities 46 11,292 98000 - Residents property management 45 5,046 74990 - Non-trading company 43 14,351 56101 - Licensed restaurants 42 8,585 56102 - Unlicensed restaurants and cafes 39 4,395 62090 - Other information technology service activities 37 13,024 35110 - Production of electricity 35 2,396
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI624375 MILLFORT LIMITED 01 May 2014 NI624386 CRESCENT DRIVE LIMITED 01 May 2014 NI624488 PROVISION GLOBAL LIMITED 08 May 2014 NI624513 NUHAUS SYSTEMS LIMITED 09 May 2014 NI624518 HARJENSAM LTD 09 May 2014 NI624622 EDENMORE BIOGAS LIMITED 15 May 2014 NI624734 FURNITURE RESCUE LTD 21 May 2014 NI624735 REFOUND LTD 21 May 2014 NI624778 PRECISION LIVESTOCK MEASUREMENT LIMITED 23 May 2014 NI624779 IMS RELIANCE (NISI) LIMITED 23 May 2014 NI624781 DONNELL & ELLIS ENGINEERING LIMITED 23 May 2014 NI624863 SUR-TECH (NI) LTD 28 May 2014 NI624509 STANN'S CATERING LIMITED 09 May 2014 NI624583 MILHENCH PROPERTY CONSULTING LIMITED 14 May 2014 NI624591 MKB CO NO 56 LIMITED 14 May 2014 NI624671 KNSR PROFESSIONAL SERVICES LTD 19 May 2014 NI624510 PEST PRODUCTS IRELAND LIMITED 09 May 2014 NI624542 CEDARS RESIDENTIAL LIMITED 12 May 2014 NI624554 BLACKMORE SAUL DEVELOPMENTS LIMITED 12 May 2014 NI624765 S M S STEEL LIMITED 22 May 2014 NI624785 BOSS BABE NUTRITION LTD. 23 May 2014 NI624401 WILSONAIR LTD 02 May 2014 NI624668 UP PRODUCTIONS LTD 19 May 2014 NI624776 BELFAST GOSPEL CHOIR LTD 23 May 2014 NI624451 THINPYTHON LIMITED 06 May 2014
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