County Down

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in County Down when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in County Down when compared to any half year in history.
  • The first half of 2014 saw a new record in company registrations in County Down when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in County Down when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in County Down when compared to any previous Q2.
  • Q2 2014 saw a new record in company registrations in County Down when compared to any previous Q2.
  • May 2014 saw a new record in company registrations in County Down when compared to any previous May.
  • April 2014 saw a new record in company registrations in County Down when compared to any previous April.
  • April 2014 was a record month for company registrations in County Down when compared to any month in history.
  • May 2014 saw a new record in company registrations in County Down when compared to any previous May.
  • April 2014 saw a new record in company registrations in County Down when compared to any previous April.
  • April 2014 was a record month for company registrations in County Down when compared to any month in history.
  • April 2014 saw a new record in company closures in County Down when compared to any previous April.
  • April 2014 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 2014)

    The first half of 2014 saw a new record in company registrations in County Down when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in County Down when compared to any half year in history.

    The first half of 2014 saw a new record in company registrations in County Down when compared to any previous first half year.

    The first half of 2014 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 2014 a total of 654 companies were formed in County Down. This figure is 7.6% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in County Down occurred in 2014 when a total of 654 were formed.

    Half Year (Jan-Jun)County DownUK
    2014654300,731
    2013608269,432
    % change7.6%11.6%
    Record Year2014 (654)2014 (300,731)

    In the first half of 2014 a total of 654 companies were formed in County Down. This figure is 7.6% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in County Down occurred in 2014 when a total of 654 were formed.

    Half Year (Jan-Jun)County DownUK
    2014654300,731
    2013608269,432
    % change7.6%11.6%
    Record Year2014 (654)2014 (300,731)
    New Companies by Half Year
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in County Down when compared to any previous Q2.

    Q2 2014 saw a new record in company registrations in County Down when compared to any previous Q2.

    A total of 318 companies were registered in County Down during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 6.4% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)County DownUK
    2014318150,009
    2013299134,630
    % change6.4%11.4%
    Record Year 2014 (318) 2014 (150,009)
    New Companies by Quarter

    A total of 318 companies were registered in County Down during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 6.4% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)County DownUK
    2014318150,009
    2013299134,630
    % change6.4%11.4%
    Record Year 2014 (318) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company registrations in County Down when compared to any previous May.

    April 2014 saw a new record in company registrations in County Down when compared to any previous April.

    April 2014 was a record month for company registrations in County Down when compared to any month in history.

    May 2014 saw a new record in company registrations in County Down when compared to any previous May.

    April 2014 saw a new record in company registrations in County Down when compared to any previous April.

    April 2014 was a record month for company registrations in County Down when compared to any month in history.

    New Companies by Month
    New Companies by Month
    AprilMayJune
    New companies in 201413210878
    New companies in 201311810081
    % change11.9%8.0%-3.7%
    Record Year2014 (132)2014 (108)2012 (88)
    AprilMayJune
    New companies in 201413210878
    New companies in 201311810081
    % change11.9%8.0%-3.7%
    Record Year2014 (132)2014 (108)2012 (88)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 319 companies were dissolved in County Down. This figure is 15.2% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in County Down occurred in 2011 when a total of 343 were closed.

    Half Year (Jan-Jun)County DownUK
    2014319177,207
    2013277155,192
    % change15.2%14.2%
    Record Year2011 (343)2009 (289,245)

    In the first half of 2014 a total of 319 companies were dissolved in County Down. This figure is 15.2% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in County Down occurred in 2011 when a total of 343 were closed.

    Half Year (Jan-Jun)County DownUK
    2014319177,207
    2013277155,192
    % change15.2%14.2%
    Record Year2011 (343)2009 (289,245)
    Dissolved Companies by Half Year
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 164 companies were dissolved in County Down during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 32.3% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)County DownUK
    201416494,837
    201312477,278
    % change32.3%22.7%
    Record Year 2010 (284) 2009 (181,179)
    Dissolved Companies by Quarter

    A total of 164 companies were dissolved in County Down during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 32.3% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)County DownUK
    201416494,837
    201312477,278
    % change32.3%22.7%
    Record Year 2010 (284) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company closures in County Down when compared to any previous April.

    April 2014 saw a new record in company closures in County Down when compared to any previous April.

    Dissolved Companies by Month
    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014505460
    Closed companies in 2013295639
    % change72.4%-3.6%54%
    Record Year2014 (50)2010 (206)2011 (65)
    AprilMayJune
    Closed companies in 2014505460
    Closed companies in 2013295639
    % change72.4%-3.6%54%
    Record Year2014 (50)2010 (206)2011 (65)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for County Down increased by 335 companies.

    Half Year (Jan-Jun)County DownUK
    2014335123,524
    2013331114,240
    Record Year2007 (523)2007 (171,296)

    In the first half of 2014 the company register for County Down increased by 335 companies.

    Half Year (Jan-Jun)County DownUK
    2014335123,524
    2013331114,240
    Record Year2007 (523)2007 (171,296)
    Net Growth by Half Year
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for County Down during the second quarter of 2014 (Apr 2014 - Jun 2014) was 154 companies.

    second quarter (Apr 2014 - Jun 2014)County DownUK
    201415455,172
    201317557,352
    Record Year 2007 (262) 2007 (60,014)
    Net Growth by Quarter

    Net company growth for County Down during the second quarter of 2014 (Apr 2014 - Jun 2014) was 154 companies.

    second quarter (Apr 2014 - Jun 2014)County DownUK
    201415455,172
    201317557,352
    Record Year 2007 (262) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    Net Growth by Month
    AprilMayJune
    Net growth in 2014825418
    Net growth in 2013894442
    Record Year2013 (89)2007 (99)2006 (80)
    AprilMayJune
    Net growth in 2014825418
    Net growth in 2013894442
    Record Year2013 (89)2007 (99)2006 (80)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 County Down formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)County Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Half Year

    In the first half of 2014 County Down formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)County Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, County Down formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)County Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1990 (0.4%)
    Company Share by Quarter

    In the second quarter of 2014, County Down formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)County Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1990 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change0.9%-0.3%-16.5%
    Record Year1990 (0.5%)1992 (0.3%)1990 (0.3%)
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change0.9%-0.3%-16.5%
    Record Year1990 (0.5%)1992 (0.3%)1990 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 43.9.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.

    Director Age by Half Year

    The average age of a director in the first half of 2014 was 43.9.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.8.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

    The average age of a director in the second quarter of 2014 was 43.8.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in County Down was 2008 when 33.5% of all directors were female.

    28.1% of all director appointments in County Down in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year

    The record first half year for female directors in County Down was 2008 when 33.5% of all directors were female.

    28.1% of all director appointments in County Down in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in County Down was in 2007 when 34.3% of all directors were female.

    29.3% of all director appointments in County Down in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

    The record second quarter for female directors in County Down was in 2007 when 34.3% of all directors were female.

    29.3% of all director appointments in County Down in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    (NI)4.18%CONSULTING5.16%
    MANAGEMENT1.63%MANAGEMENT4.64%
    CONSULTING1.52%CONSULTANCY3.50%
    CONTRACTS1.36%PROPERTY2.66%
    PROPERTY1.03%TRADING2.03%
    CONSTRUCTION1.03%ENGINEERING1.99%
    INVESTMENTS0.92%CONSTRUCTION1.93%
    NI0.87%LONDON1.93%
    TRADING0.87%CARE1.85%
    DEVELOPMENTS0.81%DESIGN1.75%
    PROPERTIES0.81%CONSULTANTS1.73%
    TRANSPORT0.71%BUSINESS1.69%
    ENTERPRISES0.71%PROPERTIES1.63%
    J0.71%TRANSPORT1.58%
    SALES0.60%GLOBAL1.55%
    C0.60%INVESTMENTS1.55%
    ROAD0.60%J1.51%
    ELECTRICAL0.54%ASSOCIATES1.48%
    DESIGN0.54%MEDIA1.44%
    (N.I.)0.49%ELECTRICAL1.40%
    CONSULTANCY0.49%IT1.33%
    IRELAND0.49%DEVELOPMENTS1.33%
    COMMUNITY0.43%BUILDING1.26%
    STREET0.43%M1.24%
    ENERGY0.43%CO.,1.20%
    wordpercentageuk worduk percentage
    (NI)4.12%CONSULTING5.16%
    MANAGEMENT1.63%MANAGEMENT4.64%
    CONSULTING1.52%CONSULTANCY3.49%
    CONTRACTS1.36%PROPERTY2.66%
    PROPERTY1.03%TRADING2.03%
    CONSTRUCTION1.03%ENGINEERING1.99%
    INVESTMENTS0.92%LONDON1.93%
    TRADING0.87%CONSTRUCTION1.93%
    NI0.87%CARE1.85%
    PROPERTIES0.81%DESIGN1.75%
    DEVELOPMENTS0.81%CONSULTANTS1.73%
    TRANSPORT0.70%BUSINESS1.69%
    ENTERPRISES0.70%PROPERTIES1.63%
    J0.65%TRANSPORT1.58%
    ROAD0.60%GLOBAL1.55%
    SALES0.60%INVESTMENTS1.55%
    C0.60%J1.50%
    ELECTRICAL0.54%ASSOCIATES1.48%
    DESIGN0.54%MEDIA1.44%
    IRELAND0.49%ELECTRICAL1.40%
    (N.I.)0.49%IT1.33%
    CONSULTANCY0.49%DEVELOPMENTS1.33%
    CENTRE0.43%BUILDING1.26%
    FUELS0.43%M1.23%
    ENERGY0.43%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied440261,557
    99999 - Dormant Company8848,436
    41202 - Construction of domestic buildings507,053
    70229 - Management consultancy activities other than financial management4440,250
    96090 - Other service activities not elsewhere classified3928,352
    41100 - Development of building projects3810,527
    62020 - Information technology consultancy activities3629,029
    49410 - Freight transport by road359,265
    74909 - Other professional, scientific and technical activities not elsewhere classified3319,058
    68209 - Other letting and operating of own or leased real estate3010,133
    43999 - Other specialised construction activities not elsewhere classified288,533
    68100 - Buying and selling of own real estate286,413
    56101 - Licensed restaurants278,585
    82990 - Other business support service activities not elsewhere classified2557,421
    56102 - Unlicensed restaurants and cafes254,395
    47990 - Other retail sale not in stores, stalls or markets246,286
    47190 - Other retail sale in non-specialised stores243,721
    96020 - Hairdressing and other beauty treatment236,631
    32990 - Other manufacturing not elsewhere classified223,534
    62012 - Business and domestic software development229,834
    sic codenumber of companiesuk companies
    None Supplied434259,495
    99999 - Dormant Company8748,126
    41202 - Construction of domestic buildings507,088
    70229 - Management consultancy activities other than financial management4440,375
    96090 - Other service activities not elsewhere classified4028,340
    41100 - Development of building projects4010,664
    62020 - Information technology consultancy activities3629,145
    49410 - Freight transport by road359,318
    74909 - Other professional, scientific and technical activities not elsewhere classified3419,026
    68209 - Other letting and operating of own or leased real estate3010,262
    43999 - Other specialised construction activities not elsewhere classified288,555
    68100 - Buying and selling of own real estate286,441
    56101 - Licensed restaurants278,651
    56102 - Unlicensed restaurants and cafes264,422
    82990 - Other business support service activities not elsewhere classified2557,459
    47190 - Other retail sale in non-specialised stores243,757
    47990 - Other retail sale not in stores, stalls or markets246,296
    96020 - Hairdressing and other beauty treatment236,665
    62090 - Other information technology service activities2213,042
    62012 - Business and domestic software development229,875

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI624589 TALBOT STREET LIMITED 14 May 2014
    NI624679 THE SURECOIN LTD. 19 May 2014
    NI624525 GIRKEN LIMITED 12 May 2014
    NI624659 P&LG (BANGOR) LIMITED 16 May 2014
    NI624471 NI BUSINESS SOLUTIONS LIMITED 07 May 2014
    NI624584 AARDVARK MANAGEMENT SERVICES LIMITED 14 May 2014
    NI624664 FIFTY DOLLAR FILM SCHOOL LIMITED 19 May 2014
    NI624396 PJB DESIGN & CONSTRUCT LTD 02 May 2014
    NI624435 GEMTRADINGUK LIMITED 06 May 2014
    NI624774 INDUSTRIAL COATINGS IRELAND LTD 23 May 2014
    NI624787 AO HUNAN LIMITED 23 May 2014
    NI624548 CP AND ASSOCIATES (NI) LIMITED 12 May 2014
    NI624726 STUART FLYNN ELECTRICAL LTD 21 May 2014
    NI624402 MORGAN DONNELLY LTD 02 May 2014
    NI624511 N.BRANNIGAN PLUMBING AND HEATING LTD 09 May 2014
    NI624693 DEMESNE CONTRACTS LTD 20 May 2014
    NI624800 ROCKABILL ARDGLASS LTD 27 May 2014
    NI624864 KILMACREW PROPERTIES LIMITED 28 May 2014
    NI624505 JP IT SUPPORT LTD 09 May 2014
    NI624748 THE ULTIMATE BEAUTY OF THE WORLD LIMITED 22 May 2014
    NI624421 KILKEEL ROAD 1978 LIMITED 02 May 2014
    NI624446 EAST-WEST OAK ENTERPRISES LTD 06 May 2014
    NI624499 NMS HOSTING SERVICES LTD 08 May 2014
    NI624478 BOW'S BOUTIQUE LTD 08 May 2014
    NI624517 NEW LINE FARM LTD 09 May 2014