County Down

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in County Down when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in County Down when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in County Down when compared to any previous Q4.
  • October 2012 saw a new record in company registrations in County Down when compared to any previous October.

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. Annual Data (2012)

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

    A total of 1,107 companies were formed in County Down in 2012. This total is 11.6% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearCounty DownUK
    20121,107491,893
    2011992452,870
    2010770400,358
    2009694362,675
    2008577349,203
    Record Year2012 (1,107)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

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

    In the second half of 2012 a total of 513 companies were formed in County Down. This figure is 2.6% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in County Down occurred in 2012 when a total of 513 were formed.

    Half Year (Jul-Dec)County DownUK
    2012513238,743
    2011500224,135
    % change2.6%6.5%
    Record Year2012 (513)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in County Down when compared to any previous Q4.

    A total of 262 companies were registered in County Down during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 1.2% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)County DownUK
    2012262119,875
    2011259109,623
    % change1.2%9.4%
    Record Year 2012 (262) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201210010656
    New companies in 20119010762
    % change11.1%-0.9%-9.7%
    Record Year2012 (100)2011 (107)2006 (85)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 589 companies were dissolved in County Down in 2012. This total is 10.5% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearCounty DownUK
    2012589293,728
    2011658314,524
    20101,092342,233
    200918533,787
    20081237,873
    Record Year2010 (1,092)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 280 companies were dissolved in County Down. This figure is 11.1% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in County Down occurred in 2010 when a total of 784 were closed.

    Half Year (Jul-Dec)County DownUK
    2012280145,934
    2011315152,213
    % change-11.1%-4.1%
    Record Year2010 (784)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 131 companies were dissolved in County Down during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 19.1% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)County DownUK
    201213170,026
    201116279,983
    % change-19.1%-12.4%
    Record Year 2010 (436) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012475034
    Closed companies in 2011504963
    % change-6.0%2.0%-46%
    Record Year2010 (301)2010 (59)2010 (76)

Net Company Growth

  1. Annual Data (2012)

    A total of 518 companies were added to the company register for County Down in 2012. This number represents growth of 52.2% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 184 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the County Down company register grew by 875 companies.

    YearCounty DownUK
    2012518198,165
    2011334138,346
    2010-32258,125
    2009676-171,112
    2008576111,330
    Record Year2007 (875)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for County Down increased by 233 companies.

    Half Year (Jul-Dec)County DownUK
    201223392,809
    201118571,922
    Record Year2003 (422)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for County Down during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 131 companies.

    fourth quarter (Oct 2012 - Dec 2012)County DownUK
    201213149,849
    20119729,640
    Record Year 2003 (218) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012535622
    Net growth in 20114058-1
    Record Year2009 (65)2009 (80)2003 (63)

UK Company Share

  1. Annual Data (2012)

    In 2012 County Down formed 0.2% of all UK companies. This is no change on 2011 when County Down was responsible for 0.2% of all UK companies.

    YearCounty Down
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960)1977 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 County Down formed 0.2% of all UK companies. This is the same as the 2011 figure of 0.2%.

    Half Year (Jul-Dec)County Down
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1975 (0.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, County Down formed 0.2% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)County Down
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1975 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.2%0.3%0.2%
    UK formation share in 20110.2%0.3%0.2%
    % change-6.6%-5.7%-12.1%
    Record Year1965 (0.8%)1977 (0.8%)1968 (0.7%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 44.3.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.7.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 43.5.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in County Down was 1860 when 35.7% of all directors were female.

    The percentage of female directors in County Down in 2012 was 31.1%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in County Down was 1860 when 42.9% of all directors were female.

    26.0% of all director appointments in County Down in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in County Down was in 1977 when 31.2% of all directors were female.

    26.2% of all director appointments in County Down in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)3.35%CONSULTING5.15%
    MANAGEMENT1.53%MANAGEMENT4.78%
    CONTRACTS1.12%CONSULTANCY3.31%
    ENGINEERING0.88%PROPERTY2.40%
    DESIGN0.82%TRADING2.03%
    (N.I.)0.82%DESIGN1.86%
    ENTERPRISES0.76%ASSOCIATES1.82%
    TRADING0.76%ENGINEERING1.79%
    HOUSE0.76%BUSINESS1.76%
    CONSTRUCTION0.76%CONSULTANTS1.75%
    PROPERTIES0.71%CONSTRUCTION1.69%
    NI0.71%LONDON1.69%
    DEVELOPMENTS0.65%MEDIA1.69%
    RETAIL0.59%GLOBAL1.59%
    CONSULTANCY0.59%J1.57%
    FUELS0.53%INVESTMENTS1.46%
    NEWRY0.47%IT1.43%
    PROPERTY0.47%CARE1.39%
    BANGOR0.47%PROPERTIES1.34%
    G0.47%M1.26%
    IRELAND0.47%BUILDING1.23%
    CO0.47%ENTERPRISES1.21%
    B0.47%TRAINING1.18%
    SALES0.47%ELECTRICAL1.17%
    CARE0.47%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied341236,139
    99999 - Dormant Company8840,648
    82990 - Other business support service activities not elsewhere classified4152,427
    41202 - Construction of domestic buildings324,882
    74909 - Other professional, scientific and technical activities not elsewhere classified3015,572
    41100 - Development of building projects307,980
    70229 - Management consultancy activities other than financial management2930,396
    96090 - Other service activities not elsewhere classified2722,058
    68320 - Management of real estate on a fee or contract basis244,936
    49410 - Freight transport by road245,165
    32990 - Other manufacturing not elsewhere classified222,834
    56102 - Unlicensed restaurants and cafes222,936
    62012 - Business and domestic software development207,446
    62020 - Information technology consultancy activities2023,256
    98000 - Residents property management184,377
    74990 - Non-trading company1813,808
    96020 - Hairdressing and other beauty treatment174,759
    56101 - Licensed restaurants176,400
    68209 - Other letting and operating of own or leased real estate176,971
    56103 - Take-away food shops and mobile food stands165,132

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI614851 C.C.R.S. RECOVERY LTD 08 Oct 2012
    NI614798 PRECISE PROTECT LTD 04 Oct 2012
    NI614853 BAILLIES OF BANGOR LIMITED 09 Oct 2012
    NI614970 KARE KABS (ARDS & BANGOR) LTD 16 Oct 2012
    NI615110 SHINE UR LIGHT 23 Oct 2012
    NI614746 BWT (NI) LIMITED 02 Oct 2012
    NI615201 HAIR BOX LTD 29 Oct 2012
    NI614904 CHARLES HURST INSURANCE SERVICES LTD 11 Oct 2012
    NI615097 TODDLE IN PRE-SCHOOL (MONEYREA) 22 Oct 2012
    NI615156 DM SECURITY INNOVATIONS LIMITED 25 Oct 2012
    NI615172 SRJA LEISURE LTD. 26 Oct 2012
    NI615141 BELSHAW BROWN LTD 24 Oct 2012
    NI614861 STRANGFORD LOUGH PROPERTIES LIMITED 09 Oct 2012
    NI614931 CASTLE LEISURE (NI) LTD 12 Oct 2012
    NI615091 JOHN ENGLAND (BANBRIDGE) LTD 22 Oct 2012
    NI615138 STONEY LAND LIMITED 24 Oct 2012
    NI615227 DEREK DEVOY LTD 30 Oct 2012
    NI614907 KILKEEL CONCRETE COMPANY LIMITED 11 Oct 2012
    NI614972 NORRISMOUNT (UK) LIMITED 16 Oct 2012
    NI615044 REGINTEL UK LIMITED 18 Oct 2012
    NI615128 MOYADD POWER CONSTRUCTION LIMITED 24 Oct 2012
    NI614871 DAISYCHAIN DAYCARE (NI) LIMITED 09 Oct 2012
    NI614896 HUB TRADING COMPANY LIMITED 11 Oct 2012
    NI615011 MCNALLYS LATE NIGHT PHARMACY LTD 17 Oct 2012
    NI615099 LET'S GROW SALES LTD 22 Oct 2012