County Down

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in County Down when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in County Down when compared to any previous second half year.
  • Q4 2013 saw a new record in company registrations in County Down when compared to any previous Q4.
  • October 2013 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 (2013)

    2013 was a record year for company registrations in County Down when compared to any year in history.

    A total of 1,165 companies were formed in County Down in 2013. This total is 5.2% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearCounty DownUK
    20131,165529,363
    20121,107491,893
    2011992452,870
    2010770400,358
    2009694362,675
    Record Year2013 (1,165)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in County Down when compared to any previous second half year.

    In the second half of 2013 a total of 557 companies were formed in County Down. This figure is 8.6% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in County Down occurred in 2013 when a total of 557 were formed.

    Half Year (Jul-Dec)County DownUK
    2013557259,931
    2012513238,743
    % change8.6%8.9%
    Record Year2013 (557)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Q4 2013 saw a new record in company registrations in County Down when compared to any previous Q4.

    A total of 282 companies were registered in County Down during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 7.6% versus the same period last year (Q4 2012). This figure compares equally to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)County DownUK
    2013282127,247
    2012262119,875
    % change7.6%6.1%
    Record Year 2013 (282) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company registrations in County Down when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20131139178
    New companies in 201210010656
    % change13.0%-14.2%39.3%
    Record Year2013 (113)2011 (107)2006 (85)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 552 companies were dissolved in County Down in 2013. This total is 6.3% lower than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearCounty DownUK
    2013552332,213
    2012589293,729
    2011658314,524
    20101,092342,233
    200918533,789
    Record Year2010 (1,092)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 275 companies were dissolved in County Down. This figure is 1.8% lower than last year, which compares well to the UK wide change of 21.3%.

    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
    2013275177,021
    2012280145,935
    % change-1.8%21.3%
    Record Year2010 (784)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 127 companies were dissolved in County Down during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is a decrease of 3.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)County DownUK
    201312790,851
    201213170,027
    % change-3.1%29.7%
    Record Year 2010 (436) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013435529
    Closed companies in 2012475034
    % change-8.5%10.0%-15%
    Record Year2010 (301)2010 (59)2010 (76)

Net Company Growth

  1. Annual Data (2013)

    A total of 613 companies were added to the company register for County Down in 2013. This number represents growth of 52.6% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 95 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
    2013613197,150
    2012518198,164
    2011334138,346
    2010-32258,125
    2009676-171,114
    Record Year2007 (875)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for County Down increased by 282 companies.

    Half Year (Jul-Dec)County DownUK
    201328282,910
    201223392,808
    Record Year2003 (422)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for County Down during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 155 companies.

    fourth quarter (Oct 2013 - Dec 2013)County DownUK
    201315536,396
    201213149,848
    Record Year 2006 (225) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2013703649
    Net growth in 2012535622
    Record Year2006 (85)2009 (80)2006 (85)

UK Company Share

  1. Annual Data (2013)

    In 2013 County Down formed 0.2% of all UK companies. This is no change on 2012 when County Down was responsible for 0.2% of all UK companies.

    YearCounty Down
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960)1990 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 County Down formed 0.2% of all UK companies. This is the same as the 2012 figure of 0.2%.

    Half Year (Jul-Dec)County Down
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, County Down formed 0.2% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)County Down
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.2%0.2%0.2%
    UK formation share in 20120.2%0.3%0.2%
    % change5.0%-15.6%26.7%
    Record Year1991 (0.3%)1991 (0.3%)1992 (0.4%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 44.3.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 44.1.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 44.3.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in County Down was 1991 when 32.6% of all directors were female.

    The percentage of female directors in County Down in 2013 was 28.6%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in County Down was 2007 when 31.4% of all directors were female.

    30.7% of all director appointments in County Down in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in County Down was in 2008 when 34.9% of all directors were female.

    31.9% of all director appointments in County Down in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    (NI)3.97%CONSULTING5.22%
    MANAGEMENT2.10%MANAGEMENT4.72%
    CONSULTING1.42%CONSULTANCY3.45%
    CONTRACTS1.19%PROPERTY2.59%
    INVESTMENTS1.02%TRADING2.08%
    NI0.96%ENGINEERING1.87%
    DEVELOPMENTS0.96%LONDON1.86%
    CONSTRUCTION0.96%DESIGN1.76%
    PROPERTY0.91%CONSTRUCTION1.73%
    TRADING0.74%CARE1.73%
    CO0.74%BUSINESS1.71%
    PROPERTIES0.68%CONSULTANTS1.68%
    ENTERPRISES0.68%GLOBAL1.58%
    CENTRE0.62%INVESTMENTS1.56%
    (N.I.)0.57%PROPERTIES1.54%
    J0.57%ASSOCIATES1.53%
    DESIGN0.57%J1.51%
    ENGINEERING0.57%MEDIA1.50%
    ELECTRICAL0.51%IT1.35%
    ENERGY0.51%DEVELOPMENTS1.23%
    P0.45%M1.23%
    HOUSE0.45%BUILDING1.21%
    GLOBAL0.45%ELECTRICAL1.20%
    CONSULTANCY0.45%CAPITAL1.19%
    SYSTEMS0.45%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied440266,814
    99999 - Dormant Company10346,762
    41202 - Construction of domestic buildings466,191
    96090 - Other service activities not elsewhere classified3826,001
    70229 - Management consultancy activities other than financial management3736,164
    74909 - Other professional, scientific and technical activities not elsewhere classified3418,034
    82990 - Other business support service activities not elsewhere classified3155,342
    49410 - Freight transport by road307,333
    62020 - Information technology consultancy activities2927,183
    68209 - Other letting and operating of own or leased real estate278,733
    41100 - Development of building projects269,485
    32990 - Other manufacturing not elsewhere classified263,340
    56102 - Unlicensed restaurants and cafes243,873
    68320 - Management of real estate on a fee or contract basis235,236
    43999 - Other specialised construction activities not elsewhere classified227,823
    96020 - Hairdressing and other beauty treatment226,000
    03110 - Marine fishing21285
    68100 - Buying and selling of own real estate205,656
    47710 - Retail sale of clothing in specialised stores202,953
    47190 - Other retail sale in non-specialised stores203,473

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI621797 SEGREDO LIMITED 05 Dec 2013
    NI622099 WJL INVESTMENTS LIMITED 30 Dec 2013
    NI621760 SOFTWARE CONNECTIONS (NI) LTD 03 Dec 2013
    NI621908 FACILITEACH LTD. 12 Dec 2013
    NI622064 KEENEY & STRONGE LTD 20 Dec 2013
    NI621821 MKB CO NO 54 LIMITED 06 Dec 2013
    NI621899 CITEK-PV LIMITED 11 Dec 2013
    NI621801 ANDY WARD HEALTH & FITNESS STUDIOS LTD 05 Dec 2013
    NI621818 G WILSON STONEMASONRY LTD 06 Dec 2013
    NI621957 DIGITAL DNA CONNECT LTD 16 Dec 2013
    NI621977 GROVE MEDICAL CONSULTING LIMITED 16 Dec 2013
    NI622011 MOMENTUM HUMANCAPITAL LIMITED 18 Dec 2013
    NI622079 CEDAR ONE COMMUNITY 23 Dec 2013
    NI621741 ELECTRONIC MUSIC MANAGEMENT LTD 02 Dec 2013
    NI621781 BROOKEFIELD 1966 LIMITED 04 Dec 2013
    NI621942 ARMAP LTD 13 Dec 2013
    NI621758 ELM DEVELOPMENTS (NI) LIMITED 03 Dec 2013
    NI621836 MOURNE WEAVERS LIMITED 09 Dec 2013
    NI621940 MACKINS ACCIDENT REPAIR CENTRE LTD 13 Dec 2013
    NI622018 ALBATROSS ENERGY LTD 18 Dec 2013
    NI622084 MACMANUS MCCARRON SOLICITORS LTD 23 Dec 2013
    NI621766 GULLIONVIEW LIVESTOCK LIMITED 03 Dec 2013
    NI621786 A1 RECYCLING (NI) LTD 04 Dec 2013
    NI621950 CAPE CRUSADERS IP LIMITED 13 Dec 2013
    NI622026 ROCKWOOD ENGINEERS LTD 19 Dec 2013