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County Down

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in County Down when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in County Down when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in County Down when compared to any previous Q2.
  • June 2012 saw a new record in company registrations in County Down when compared to any previous June.
  • June 2012 saw a new record in company closures in County Down when compared to any previous June.
  • April 2012 saw a new record in company closures in County Down when compared to any previous April.

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. Half Year Data (Jan-Jun 2012)

    The first half of 2012 saw a new record in company registrations in County Down when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in County Down when compared to any half year in history.

    In the first half of 2012 a total of 816 companies were formed in County Down. This figure is 16.1% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in County Down occurred in 2012 when a total of 816 were formed.

    Half Year (Jan-Jun)County DownUK
    2012816253,150
    2011703228,735
    % change16.1%10.7%
    Record Year2012 (816)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in County Down when compared to any previous Q2.

    A total of 378 companies were registered in County Down during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 12.2% versus the same period last year (Q2 2011). This figure compares equally to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)County DownUK
    2012378121,659
    2011337112,344
    % change12.2%8.3%
    Record Year 2007 (396) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

    New Companies by Month
    AprilMayJune
    New companies in 2012119134125
    New companies in 201196126115
    % change24.0%6.3%8.7%
    Record Year2007 (139)2007 (143)2012 (125)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 463 companies were dissolved in County Down. This figure is 10.6% lower than last year, which compares well to the UK wide change of -8.9%.

    The highest total for a first half year in County Down occurred in 2011 when a total of 518 were closed.

    Half Year (Jan-Jun)County DownUK
    2012463147,793
    2011518162,310
    % change-10.6%-8.9%
    Record Year2011 (518)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 250 companies were dissolved in County Down during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 12.9% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)County DownUK
    201225080,217
    201128771,324
    % change-12.9%12.5%
    Record Year 2010 (384) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

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

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

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012738097
    Closed companies in 20114415291
    % change65.9%-47.4%7%
    Record Year2012 (73)2010 (247)2012 (97)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for County Down increased by 353 companies.

    Half Year (Jan-Jun)County DownUK
    2012353105,357
    201118566,425
    Record Year2007 (632)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for County Down during the second quarter of 2012 (Apr 2012 - Jun 2012) was 128 companies.

    second quarter (Apr 2012 - Jun 2012)County DownUK
    201212841,442
    20115041,020
    Record Year 2007 (320) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 2012465428
    Net growth in 201152-2624
    Record Year2007 (117)2007 (108)2005 (104)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 County Down formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.

    Half Year (Jan-Jun)County Down
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1977 (0.7%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

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

    second quarter (Apr 2012 - Jun 2012)County Down
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.3%0.3%0.3%
    UK formation share in 20110.3%0.3%0.3%
    % change4.4%-6.8%16.1%
    Record Year1979 (4.3%)1965 (0.9%)1975 (1.1%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 43.6.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 43.6.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

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

    24.5% of all director appointments in County Down in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in County Down was in 1866 when 57.1% of all directors were female.

    28.2% of all director appointments in County Down in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)2.53%CONSULTING5.07%
    MANAGEMENT1.24%MANAGEMENT4.74%
    TRADING1.16%CONSULTANCY3.28%
    CONSTRUCTION0.93%PROPERTY2.35%
    DESIGN0.93%TRADING2.10%
    PROPERTIES0.80%DESIGN1.89%
    (N.I.)0.80%ENGINEERING1.87%
    CONTRACTS0.76%ASSOCIATES1.82%
    ENGINEERING0.76%CONSULTANTS1.78%
    ENTERPRISES0.76%CONSTRUCTION1.71%
    CONSULTANCY0.71%BUSINESS1.70%
    NI0.71%MEDIA1.69%
    CARE0.67%LONDON1.68%
    RETAIL0.62%J1.57%
    DEVELOPMENTS0.62%GLOBAL1.51%
    PROPERTY0.62%INVESTMENTS1.48%
    COMMUNITY0.58%IT1.42%
    M0.53%CARE1.31%
    GREEN0.53%PROPERTIES1.31%
    ENERGY0.53%M1.26%
    LEISURE0.53%ELECTRICAL1.23%
    CLUB0.49%BUILDING1.23%
    C.I.C.0.49%SECURITY1.19%
    DIRECT0.49%S1.18%
    ELECTRICAL0.49%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied565244,457
    7487 - Other business activities10147,029
    99999 - Dormant Company8826,088
    82990 - Other business support service activities not elsewhere classified6535,447
    9999 - Dormant Company5616,469
    70229 - Management consultancy activities other than financial management4020,390
    41100 - Development of building projects335,149
    7414 - Business & management consultancy2910,978
    74909 - Other professional, scientific and technical activities not elsewhere classified2610,271
    9305 - Other service activities267,926
    68320 - Management of real estate on a fee or contract basis253,365
    49410 - Freight transport by road232,912
    74990 - Non-trading company239,706
    4521 - General construction & civil engineering224,644
    96090 - Other service activities not elsewhere classified2214,220
    62020 - Information technology consultancy activities2215,280
    41202 - Construction of domestic buildings213,185
    5530 - Restaurants214,037
    62012 - Business and domestic software development214,742
    7499 - Non-trading company208,023

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI613187 SHERIFF MANUFACTURING LIMITED 14 Jun 2012
    NI613062 PECS PROPERTY LIMITED 06 Jun 2012
    NI613388 PENINSULA BATHING CARE LTD 28 Jun 2012
    NI613400 BMCC CHOPPER LIMITED 28 Jun 2012
    NI613233 PLAYWORLD SYSTEMS (EUROPE) LIMITED 18 Jun 2012
    NI613324 GLENGORMLEY BACK CARE LIMITED 25 Jun 2012
    NI613314 HEALING WITH HORSES NI 22 Jun 2012
    NI613342 DALIGRADO LIMITED 26 Jun 2012
    NI613078 ACORN INTERNATIONAL STRATEGY LTD 07 Jun 2012
    NI613374 FIN HYDRAULICS LTD 27 Jun 2012
    NI613105 SMETRIC RISK LIMITED 08 Jun 2012
    NI613277 APP INTERNATIONAL (IRE) LTD 20 Jun 2012
    NI613052 TMA ELECTRICAL CONTRACTS LTD 06 Jun 2012
    NI613154 MH ENTERPRISES LIMITED 12 Jun 2012
    NI613170 BRL TRADING LIMITED 13 Jun 2012
    NI613226 THE WOOD FLOOR SHOP (NI) LTD 15 Jun 2012
    NI613267 QUICKSTOP WORTHING ROAD LIMITED 19 Jun 2012
    NI613286 MOURNE REDEVELOPMENTS LTD 20 Jun 2012
    NI613300 BLACKTHORN FURNITURE LTD 21 Jun 2012
    NI613315 HILL FARM EGGS BARNMEEN LTD 22 Jun 2012
    NI613045 TVDISCOUNTS LIMITED 06 Jun 2012
    NI613141 TN FUELS LTD 11 Jun 2012
    NI613157 BETBOYLE LTD 12 Jun 2012
    NI613202 EPOS SOLUTIONS (NI) LTD 14 Jun 2012
    NI613361 TG TRADING LIMITED 27 Jun 2012