Belfast, Belfast
Q3 2014 Business Confidence Report
Headlines
- September 2014 saw a new record in company registrations in Belfast when compared to any previous September.
- July 2014 saw a new record in company closures in Belfast when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 442 companies were registered in Belfast during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 10.2% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Belfast UK 2014 442 143,414 2013 492 132,684 % change -10.2% 8.1% Record Year 2013 (492) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Belfast when compared to any previous September.
New Companies by Month
July August September New companies in 2014 145 132 165 New companies in 2013 166 164 162 % change -12.7% -19.5% 1.9% Record Year 2013 (166) 2013 (164) 2014 (165)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 279 companies were dissolved in Belfast during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 25.7% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Belfast UK 2014 279 101,670 2013 222 86,170 % change 25.7% 18.0% Record Year 2010 (570) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Belfast when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 91 83 105 Closed companies in 2013 73 82 67 % change 24.7% 1.2% 57% Record Year 2014 (91) 2010 (189) 2010 (294)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Belfast during the third quarter of 2014 (Jul 2014 - Sep 2014) was 163 companies.
third quarter (Jul 2014 - Sep 2014) Belfast UK 2014 163 41,744 2013 270 46,514 Record Year 2009 (286) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 54 49 60 Net growth in 2013 93 82 95 Record Year 2004 (94) 2007 (103) 2003 (130)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Belfast formed 0.3% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Belfast 2014 0.3% 2013 0.4% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1968 (1.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.3% 0.3% 0.3% UK formation share in 2013 0.4% 0.4% 0.4% % change -20.6% -23.3% -6.6% Record Year 1948 (5.5%) 1943 (5.4%) 1952 (4.0%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.8.
The percentage of directors under the age of 25 was 5.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Belfast was in 2010 when 27.3% of all directors were female.
23.4% of all director appointments in Belfast in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 3.87% CONSULTING 5.17% MANAGEMENT 2.87% MANAGEMENT 4.63% BELFAST 2.38% CONSULTANCY 3.55% CONSULTING 1.49% PROPERTY 2.62% PROPERTY 1.34% ENGINEERING 2.07% MEDICAL 1.15% CONSTRUCTION 2.05% NI 1.11% TRADING 2.00% PROPERTIES 0.96% LONDON 1.95% CONSULTANCY 0.92% CARE 1.94% TRUSTEES 0.80% TRANSPORT 1.76% DEVELOPMENTS 0.80% DESIGN 1.70% STAVELEY 0.77% CONSULTANTS 1.70% IRELAND 0.77% PROPERTIES 1.63% TRADING 0.73% BUSINESS 1.62% PRODUCTIONS 0.65% J 1.53% S 0.65% ELECTRICAL 1.53% M 0.65% GLOBAL 1.51% INVESTMENTS 0.61% INVESTMENTS 1.50% ENERGY 0.57% ASSOCIATES 1.48% MEDIA 0.57% MEDIA 1.38% ROAD 0.57% CO., 1.36% LAGAN 0.54% DEVELOPMENTS 1.35% ENGINEERING 0.50% BUILDING 1.30% SYSTEMS 0.50% IT 1.30% HOLDINGS 0.50% M 1.23%
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 844 278,481 99999 - Dormant Company 238 48,286 86210 - General medical practice activities 97 4,406 82990 - Other business support service activities not elsewhere classified 93 57,264 68100 - Buying and selling of own real estate 76 6,595 70229 - Management consultancy activities other than financial management 75 40,717 86220 - Specialists medical practice activities 73 3,889 62020 - Information technology consultancy activities 69 29,313 96090 - Other service activities not elsewhere classified 68 28,224 41100 - Development of building projects 68 10,604 74909 - Other professional, scientific and technical activities not elsewhere classified 64 18,890 68209 - Other letting and operating of own or leased real estate 62 10,361 62012 - Business and domestic software development 56 9,675 86900 - Other human health activities 51 11,807 74990 - Non-trading company 45 14,006 98000 - Residents property management 43 5,047 56102 - Unlicensed restaurants and cafes 40 4,492 56101 - Licensed restaurants 38 8,546 86101 - Hospital activities 38 3,680 62090 - Other information technology service activities 38 12,795
Recent Companies
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Randomly selected companies from this quarter
reports
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