Download PDF version

County Down

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in County Down when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in County Down when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in County Down when compared to any previous February.
  • February 2012 was a record month for company registrations in County Down when compared to any month in history.
  • January 2012 saw a new record in company registrations in County Down when compared to any previous January.
  • Q1 2012 saw a new record in company closures in County Down when compared to any previous Q1.
  • February 2012 saw a new record in company closures in County Down when compared to any previous February.
  • February 2012 saw a new record in net growth in County Down when compared to any previous February.

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 2012)

    Q1 2012 saw a new record in company registrations in County Down when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in County Down when compared to any quarter in history.

    A total of 438 companies were registered in County Down during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 19.7% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)County DownUK
    2012438131,491
    2011366116,391
    % change19.7%13.0%
    Record Year 2012 (438) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in County Down when compared to any previous February.

    February 2012 was a record month for company registrations in County Down when compared to any month in history.

    January 2012 saw a new record in company registrations in County Down when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012123159156
    New companies in 2011101107158
    % change21.8%48.6%-1.3%
    Record Year2012 (123)2012 (159)2011 (158)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company closures in County Down when compared to any previous Q1.

    A total of 213 companies were dissolved in County Down during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 7.8% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)County DownUK
    201221367,576
    201123190,986
    % change-7.8%-25.7%
    Record Year 2011 (231) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company closures in County Down when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012598668
    Closed companies in 2011667689
    % change-10.6%13.2%-24%
    Record Year2011 (66)2012 (86)2011 (89)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for County Down during the first quarter of 2012 (Jan 2012 - Mar 2012) was 225 companies.

    first quarter (Jan 2012 - Mar 2012)County DownUK
    201222563,915
    201113525,405
    Record Year 2007 (312) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in County Down when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012647388
    Net growth in 2011353169
    Record Year2007 (82)2007 (108)2003 (125)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, County Down formed 0.3% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)County Down
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1977 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.3%0.4%0.3%
    UK formation share in 20110.3%0.3%0.4%
    % change4.4%27.1%-7.6%
    Record Year1964 (0.9%)1962 (1.3%)1979 (5.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 43.7.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in County Down was in 1861 when 40.0% of all directors were female.

    26.7% of all director appointments in County Down in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    (NI)2.52%CONSULTING5.07%
    MANAGEMENT1.37%MANAGEMENT4.74%
    CONSTRUCTION1.10%CONSULTANCY3.30%
    TRADING1.05%PROPERTY2.37%
    PROPERTIES0.92%TRADING2.07%
    ENGINEERING0.87%DESIGN1.93%
    (N.I.)0.82%ENGINEERING1.86%
    ENERGY0.78%ASSOCIATES1.84%
    PROPERTY0.78%CONSULTANTS1.79%
    ENTERPRISES0.78%BUSINESS1.73%
    DESIGN0.78%MEDIA1.72%
    NI0.73%CONSTRUCTION1.72%
    RETAIL0.64%LONDON1.66%
    CONTRACTS0.64%J1.54%
    CONSULTANCY0.64%INVESTMENTS1.51%
    DEVELOPMENTS0.60%GLOBAL1.50%
    COMMUNITY0.60%IT1.40%
    GREEN0.55%CARE1.34%
    LEISURE0.55%PROPERTIES1.31%
    DIRECT0.55%ELECTRICAL1.27%
    CARE0.55%M1.27%
    CONSULTING0.55%BUILDING1.24%
    S0.55%ENERGY1.20%
    TRANSPORT0.50%S1.20%
    ELECTRICAL0.50%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied500216,665
    7487 - Other business activities11952,735
    99999 - Dormant Company9425,084
    82990 - Other business support service activities not elsewhere classified6435,233
    9999 - Dormant Company6218,617
    70229 - Management consultancy activities other than financial management3719,704
    41100 - Development of building projects344,984
    7414 - Business & management consultancy3112,113
    74990 - Non-trading company279,729
    9305 - Other service activities278,818
    68320 - Management of real estate on a fee or contract basis263,448
    4521 - General construction & civil engineering245,169
    5530 - Restaurants224,633
    62020 - Information technology consultancy activities2114,303
    7499 - Non-trading company219,102
    96090 - Other service activities not elsewhere classified2013,637
    74909 - Other professional, scientific and technical activities not elsewhere classified199,892
    49410 - Freight transport by road192,781
    41202 - Construction of domestic buildings193,052
    98000 - Residents property management183,050

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI611024 BUDGET DESIGNER HOMEWORKS LTD 06 Feb 2012
    NI611335 THE ESPLANADE BAR (NI) LTD 22 Feb 2012
    NI611367 GIZZMOB LTD 23 Feb 2012
    NI611017 HENNARY LTD 06 Feb 2012
    NI611135 R & K MATTHEWS BUILDING CONTRACTORS LIMITED 10 Feb 2012
    NI611380 GANAWAY FARMS LIMITED 23 Feb 2012
    NI610956 SIMPLE EARTH LIMITED 01 Feb 2012
    NI610961 PRO-PAK PHOENIX LTD 01 Feb 2012
    NI611033 SPORTS PARTNERSHIP GROUP C.I.C. 07 Feb 2012
    NI611036 OMEGA DIGITAL LIMITED 07 Feb 2012
    NI611212 WORLD OF VANS LTD. 15 Feb 2012
    NI611274 SES ELECTRICAL (N.I.) LTD 20 Feb 2012
    NI611291 SJK FOODS LTD 20 Feb 2012
    NI611398 DOWN SPORTS PARTNERSHIP C.I.C. 24 Feb 2012
    NI611410 TEXEL SECURITY LIMITED 27 Feb 2012
    NI611419 COSMOLIFT LTD 27 Feb 2012
    NI611084 DROMARA DEVELOPMENTS LIMITED 08 Feb 2012
    NI611111 LOVE IRELAND GOLF LTD 10 Feb 2012
    NI611155 P & T MAGUIRE LIMITED 13 Feb 2012
    NI611125 LO - LO FUELS AND AGRI SUPPLIES LTD 10 Feb 2012
    NI611202 MC PRECAST LIMITED 15 Feb 2012
    NI611205 WYNFORT LIMITED 15 Feb 2012
    NI611255 DEES CONSTRUCTION LIMITED 17 Feb 2012
    NI611317 OHAGAN CONSULTING LIMITED 22 Feb 2012
    NI611342 FOGO (NI) LIMITED 23 Feb 2012