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
    NI629754 NIWM HOLDINGS LIMITED 04 Mar 2015
    NI629864 CDF FINANCIAL LIMITED 09 Mar 2015
    NI629941 PAUL SMITH BUILDING SERVICES LIMITED 12 Mar 2015
    NI630040 26 LINENHALL STREET LIMITED 16 Mar 2015
    NI630223 BELFASTHOUR NI LIMITED 24 Mar 2015
    NI630312 STEEPLE ROAD MANAGEMENT COMPANY LIMITED 27 Mar 2015
    NI630397 APPROACHABLE GROUP LIMITED 31 Mar 2015
    NI629715 BURRENBRAE LIMITED 03 Mar 2015
    NI629717 FORTVIEW TRADING LIMITED 03 Mar 2015
    NI629797 SUNTANO LIVING (UK) LIMITED 05 Mar 2015
    NI629884 GT GOLF SALES NORTHERN IRELAND LIMITED 10 Mar 2015
    NI629987 GMAC DAIRIES LTD 13 Mar 2015
    NI630152 THE HEALTHY FLAVOUR LTD 23 Mar 2015
    NI630214 WATER STREET TRADING LIMITED 24 Mar 2015
    NI630227 GLOBEREACH LOGISTICS (UK) LIMITED 24 Mar 2015
    NI629713 BELFAST247 LTD 03 Mar 2015
    NI629744 ANYA ENVIRONMENTAL LIMITED 04 Mar 2015
    NI629747 EDTAP LIMITED 04 Mar 2015
    NI629822 FACEPLATE LIMITED 06 Mar 2015
    NI629863 RESCUE AND RESTORE AUTOS LTD 09 Mar 2015
    NI630163 LAGAN TRAFFIC MANAGEMENT LTD 23 Mar 2015
    NI630184 2D STRENGTH & FITNESS LIMITED 24 Mar 2015
    NI630324 GREENWAY INDUSTRIAL INVESTMENTS LIMITED 27 Mar 2015
    NI629792 WB MAINTENANCE LTD 05 Mar 2015
    NI630396 R & N CRAWFORD LIMITED 31 Mar 2015