Belfast, Belfast
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Belfast when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Belfast when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Belfast when compared to any previous March.
- March 2015 was a record month for company registrations in Belfast when compared to any month in history.
- February 2015 saw a new record in company registrations in Belfast when compared to any previous February.
- February 2015 was a record month for company registrations in Belfast when compared to any month in history.
- January 2015 saw a new record in company registrations in Belfast when compared to any previous January.
- February 2015 saw a new record in company closures in Belfast when compared to any previous February.
- January 2015 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 2015)
Q1 2015 saw a new record in company registrations in Belfast when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Belfast when compared to any quarter in history.
A total of 584 companies were registered in Belfast during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 22.2% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Belfast UK 2015 584 161,156 2014 478 150,722 % change 22.2% 6.9% Record Year 2015 (584) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Belfast when compared to any previous March.
March 2015 was a record month for company registrations in Belfast when compared to any month in history.
February 2015 saw a new record in company registrations in Belfast when compared to any previous February.
February 2015 was a record month for company registrations in Belfast when compared to any month in history.
January 2015 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 2015 165 194 225 New companies in 2014 138 174 166 % change 19.6% 11.5% 35.5% Record Year 2015 (165) 2015 (194) 2015 (225)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 328 companies were dissolved in Belfast during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 21.5% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Belfast UK 2015 328 89,523 2014 270 82,370 % change 21.5% 8.7% Record Year 2015 (328) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Belfast when compared to any previous February.
January 2015 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 2015 132 98 98 Closed companies in 2014 96 89 85 % change 37.5% 10.1% 15% Record Year 2015 (132) 2015 (98) 2013 (108)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Belfast during the first quarter of 2015 (Jan 2015 - Mar 2015) was 256 companies.
first quarter (Jan 2015 - Mar 2015) Belfast UK 2015 256 71,633 2014 208 68,352 Record Year 2007 (348) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 33 96 127 Net growth in 2014 42 85 81 Record Year 2006 (101) 2006 (99) 2007 (151)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Belfast formed 0.4% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Belfast 2015 0.4% 2014 0.3% 2013 0.4% 2012 0.4% 2011 0.3% Record Year (since 1960) 1968 (1.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.3% 0.4% 0.4% UK formation share in 2014 0.3% 0.4% 0.3% % change 17.3% 2.7% 23.5% Record Year 1939 (3.0%) 1924 (3.3%) 1979 (13.0%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 45.9.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Belfast was in 2009 when 30.7% of all directors were female.
23.8% of all director appointments in Belfast in the first quarter of 2015 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 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 3.79% CONSULTING 5.23% BELFAST 2.60% MANAGEMENT 4.56% MANAGEMENT 2.53% CONSULTANCY 3.62% PROPERTIES 1.15% PROPERTY 2.72% CONSULTING 1.15% CONSTRUCTION 2.19% IRELAND 1.08% CARE 2.13% MEDICAL 1.04% ENGINEERING 2.12% DEVELOPMENTS 1.00% LONDON 1.91% PROPERTY 0.93% TRADING 1.88% CONSULTANCY 0.89% TRANSPORT 1.82% NI 0.85% ELECTRICAL 1.76% TRADING 0.78% DESIGN 1.65% MEDIA 0.74% PROPERTIES 1.63% ROAD 0.71% CO., 1.58% C.I.C. 0.71% J 1.55% HOLDINGS 0.63% CONSULTANTS 1.54% GLOBAL 0.63% BUSINESS 1.49% INVESTMENTS 0.63% INVESTMENTS 1.49% ENGINEERING 0.56% GLOBAL 1.46% PRODUCTIONS 0.56% ASSOCIATES 1.44% ENERGY 0.56% DEVELOPMENTS 1.36% DEVELOPMENT 0.56% BUILDING 1.31% ENTERPRISES 0.52% IT 1.30% CO 0.52% MEDIA 1.28% LAGAN 0.52% M 1.27%
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 867 288,953 99999 - Dormant Company 219 49,474 82990 - Other business support service activities not elsewhere classified 96 58,522 68100 - Buying and selling of own real estate 89 7,450 70229 - Management consultancy activities other than financial management 78 43,081 41100 - Development of building projects 75 11,863 96090 - Other service activities not elsewhere classified 73 29,218 68209 - Other letting and operating of own or leased real estate 72 11,600 86210 - General medical practice activities 69 4,793 86220 - Specialists medical practice activities 69 4,088 62020 - Information technology consultancy activities 67 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 64 19,098 62012 - Business and domestic software development 62 9,651 86900 - Other human health activities 57 13,990 56102 - Unlicensed restaurants and cafes 49 4,917 62090 - Other information technology service activities 46 12,862 86101 - Hospital activities 42 5,043 56101 - Licensed restaurants 40 8,909 68320 - Management of real estate on a fee or contract basis 40 6,154 35110 - Production of electricity 40 2,602
Recent Companies
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Randomly selected companies from this quarter
reports
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