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

  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. 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)BelfastUK
    2015584161,156
    2014478150,722
    % change22.2%6.9%
    Record Year 2015 (584) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2015165194225
    New companies in 2014138174166
    % change19.6%11.5%35.5%
    Record Year2015 (165)2015 (194)2015 (225)

Closed Companies (dissolved)

  1. 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)BelfastUK
    201532889,523
    201427082,370
    % change21.5%8.7%
    Record Year 2015 (328) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20151329898
    Closed companies in 2014968985
    % change37.5%10.1%15%
    Record Year2015 (132)2015 (98)2013 (108)

Net Company Growth

  1. 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)BelfastUK
    201525671,633
    201420868,352
    Record Year 2007 (348) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20153396127
    Net growth in 2014428581
    Record Year2006 (101)2006 (99)2007 (151)

UK Company Share

  1. 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
    20150.4%
    20140.3%
    20130.4%
    20120.4%
    20110.3%
    Record Year (since 1960) 1968 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.3%0.4%0.4%
    UK formation share in 20140.3%0.4%0.3%
    % change17.3%2.7%23.5%
    Record Year1939 (3.0%)1924 (3.3%)1979 (13.0%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    (NI)3.79%CONSULTING5.23%
    BELFAST2.60%MANAGEMENT4.56%
    MANAGEMENT2.53%CONSULTANCY3.62%
    PROPERTIES1.15%PROPERTY2.72%
    CONSULTING1.15%CONSTRUCTION2.19%
    IRELAND1.08%CARE2.13%
    MEDICAL1.04%ENGINEERING2.12%
    DEVELOPMENTS1.00%LONDON1.91%
    PROPERTY0.93%TRADING1.88%
    CONSULTANCY0.89%TRANSPORT1.82%
    NI0.85%ELECTRICAL1.76%
    TRADING0.78%DESIGN1.65%
    MEDIA0.74%PROPERTIES1.63%
    ROAD0.71%CO.,1.58%
    C.I.C.0.71%J1.55%
    HOLDINGS0.63%CONSULTANTS1.54%
    GLOBAL0.63%BUSINESS1.49%
    INVESTMENTS0.63%INVESTMENTS1.49%
    ENGINEERING0.56%GLOBAL1.46%
    PRODUCTIONS0.56%ASSOCIATES1.44%
    ENERGY0.56%DEVELOPMENTS1.36%
    DEVELOPMENT0.56%BUILDING1.31%
    ENTERPRISES0.52%IT1.30%
    CO0.52%MEDIA1.28%
    LAGAN0.52%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied867288,953
    99999 - Dormant Company21949,474
    82990 - Other business support service activities not elsewhere classified9658,522
    68100 - Buying and selling of own real estate897,450
    70229 - Management consultancy activities other than financial management7843,081
    41100 - Development of building projects7511,863
    96090 - Other service activities not elsewhere classified7329,218
    68209 - Other letting and operating of own or leased real estate7211,600
    86210 - General medical practice activities694,793
    86220 - Specialists medical practice activities694,088
    62020 - Information technology consultancy activities6730,825
    74909 - Other professional, scientific and technical activities not elsewhere classified6419,098
    62012 - Business and domestic software development629,651
    86900 - Other human health activities5713,990
    56102 - Unlicensed restaurants and cafes494,917
    62090 - Other information technology service activities4612,862
    86101 - Hospital activities425,043
    56101 - Licensed restaurants408,909
    68320 - Management of real estate on a fee or contract basis406,154
    35110 - Production of electricity402,602

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI628493 352 SHELFCO LIMITED 05 Jan 2015
    NI628521 PEACOCKPLUME CONSULTANTS LIMITED 07 Jan 2015
    NI628546 BLACKMARKET STUDIO LIMITED 08 Jan 2015
    NI628637 SAINT INNS NO. 3 LTD 13 Jan 2015
    NI628697 PENTON MEDIA LTD 15 Jan 2015
    NI628706 SPITFIRE (IRELAND) MEDIA LIMITED 15 Jan 2015
    NI628810 CALIFORNIA COFFEE LIMITED 20 Jan 2015
    NI628611 HAYVEN DEVELOPMENT CORP. (UK) LIMITED 12 Jan 2015
    NI628664 MKB CO NO 59 LIMITED 14 Jan 2015
    NI628779 TITANIC OFFICE DEVELOPMENTS LIMITED 19 Jan 2015
    NI628929 SYMPHONY ENERGY CONTROLS LIMITED 27 Jan 2015
    NI628997 DUBLIN RD ENTERTAINMENT LIMITED 30 Jan 2015
    NI628593 BIG BUBBA BURGERS LTD 09 Jan 2015
    NI628978 JKG STRATEGIES LTD 29 Jan 2015
    NI628600 BLOOMFIELD COMMERCIAL (BELFAST) LTD 12 Jan 2015
    NI628602 STOCKBRIDGE RESIDENTIAL LTD 12 Jan 2015
    NI628682 ZCIG LURGAN LTD 14 Jan 2015
    NI628839 HOLLYBROOK HILL MANAGEMENT COMPANY LIMITED 22 Jan 2015
    NI628916 REACHING STAR WEALTH MANAGEMENT LIMITED 26 Jan 2015
    NI628987 LOOP PUBLICATIONS LIMITED 29 Jan 2015
    NI628995 ELK AND CLIPPER LIMITED 30 Jan 2015
    NI628728 DRUMMALL DEVELOPMENTS LTD 16 Jan 2015
    NI628982 MARLBANK HEALTHCARE LTD 29 Jan 2015
    NI628559 FEGAN PROPERTIES LTD 08 Jan 2015
    NI628625 IES MECHANICAL AND ELECTRICAL LIMITED 13 Jan 2015