County Down

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in County Down when compared to any previous Q3.
  • Q3 2014 saw a new record in company registrations in County Down when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in County Down when compared to any previous September.
  • August 2014 saw a new record in company registrations in County Down when compared to any previous August.
  • September 2014 saw a new record in company registrations in County Down when compared to any previous September.
  • August 2014 saw a new record in company registrations in County Down when compared to any previous August.
  • July 2014 saw a new record in company closures in County Down when compared to any previous July.
  • July 2014 saw a new record in company closures in County Down when compared to any previous July.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in County Down when compared to any previous Q3.

    Q3 2014 saw a new record in company registrations in County Down when compared to any previous Q3.

    A total of 285 companies were registered in County Down during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 3.6% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)County DownUK
    2014285143,414
    2013275132,684
    % change3.6%8.1%
    Record Year 2014 (285) 2014 (143,414)
    New Companies by Quarter

    A total of 285 companies were registered in County Down during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 3.6% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)County DownUK
    2014285143,414
    2013275132,684
    % change3.6%8.1%
    Record Year 2014 (285) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

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

    New Companies by Month
    New Companies by Month
    JulyAugustSeptember
    New companies in 201479101105
    New companies in 2013869594
    % change-8.1%6.3%11.7%
    Record Year2013 (86)2014 (101)2014 (105)
    JulyAugustSeptember
    New companies in 201479101105
    New companies in 2013869594
    % change-8.1%6.3%11.7%
    Record Year2013 (86)2014 (101)2014 (105)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 188 companies were dissolved in County Down during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 27.0% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)County DownUK
    2014188101,670
    201314886,170
    % change27.0%18.0%
    Record Year 2010 (348) 2009 (159,405)
    Dissolved Companies by Quarter

    A total of 188 companies were dissolved in County Down during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 27.0% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)County DownUK
    2014188101,670
    201314886,170
    % change27.0%18.0%
    Record Year 2010 (348) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

    Dissolved Companies by Month
    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014568052
    Closed companies in 2013455152
    % change24.4%56.9%0%
    Record Year2014 (56)2010 (111)2010 (193)
    JulyAugustSeptember
    Closed companies in 2014568052
    Closed companies in 2013455152
    % change24.4%56.9%0%
    Record Year2014 (56)2010 (111)2010 (193)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for County Down during the third quarter of 2014 (Jul 2014 - Sep 2014) was 97 companies.

    third quarter (Jul 2014 - Sep 2014)County DownUK
    20149741,744
    201312746,514
    Record Year 2009 (198) 2013 (46,514)
    Net Growth by Quarter

    Net company growth for County Down during the third quarter of 2014 (Jul 2014 - Sep 2014) was 97 companies.

    third quarter (Jul 2014 - Sep 2014)County DownUK
    20149741,744
    201312746,514
    Record Year 2009 (198) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014232153
    Net growth in 2013414442
    Record Year2005 (70)2007 (75)2009 (86)
    JulyAugustSeptember
    Net growth in 2014232153
    Net growth in 2013414442
    Record Year2005 (70)2007 (75)2009 (86)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)County Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter

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

    third quarter (Jul 2014 - Sep 2014)County Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-16.6%1.3%2.5%
    Record Year1991 (0.3%)1992 (0.3%)1991 (0.3%)
    JulyAugustSeptember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-16.6%1.3%2.5%
    Record Year1991 (0.3%)1992 (0.3%)1991 (0.3%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 43.7.

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

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

    The average age of a director in the third quarter of 2014 was 43.7.

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

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in County Down was in 2006 when 31.9% of all directors were female.

    25.0% of all director appointments in County Down in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

    The record third quarter for female directors in County Down was in 2006 when 31.9% of all directors were female.

    25.0% of all director appointments in County Down in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)4.49%CONSULTING5.17%
    MANAGEMENT2.05%MANAGEMENT4.63%
    CONSTRUCTION1.24%CONSULTANCY3.55%
    PROPERTY1.19%PROPERTY2.62%
    CONSULTING1.19%ENGINEERING2.07%
    CONTRACTS1.08%CONSTRUCTION2.05%
    NI1.08%TRADING2.00%
    DEVELOPMENTS1.03%LONDON1.95%
    INVESTMENTS0.97%CARE1.94%
    ROAD0.81%TRANSPORT1.76%
    TRANSPORT0.81%DESIGN1.70%
    TRADING0.76%CONSULTANTS1.70%
    PROPERTIES0.76%PROPERTIES1.63%
    TRAINING0.65%BUSINESS1.62%
    DESIGN0.59%J1.53%
    ENTERPRISES0.59%ELECTRICAL1.53%
    J0.54%GLOBAL1.51%
    IRELAND0.54%INVESTMENTS1.50%
    ELECTRICAL0.54%ASSOCIATES1.48%
    C0.49%MEDIA1.38%
    (N.I.)0.49%CO.,1.36%
    CONSULTANCY0.49%DEVELOPMENTS1.35%
    COMMUNITY0.49%BUILDING1.30%
    ENERGY0.43%IT1.30%
    SYSTEMS0.43%M1.23%
    wordpercentageuk worduk percentage
    (NI)4.43%CONSULTING5.18%
    MANAGEMENT2.00%MANAGEMENT4.63%
    CONSTRUCTION1.24%CONSULTANCY3.54%
    PROPERTY1.19%PROPERTY2.63%
    CONSULTING1.19%ENGINEERING2.08%
    NI1.08%CONSTRUCTION2.05%
    CONTRACTS1.08%TRADING2.01%
    INVESTMENTS1.03%LONDON1.95%
    DEVELOPMENTS1.03%CARE1.94%
    ROAD0.81%TRANSPORT1.76%
    TRANSPORT0.81%DESIGN1.70%
    TRADING0.76%CONSULTANTS1.69%
    PROPERTIES0.76%PROPERTIES1.63%
    ENTERPRISES0.59%BUSINESS1.63%
    TRAINING0.59%ELECTRICAL1.53%
    DESIGN0.59%J1.53%
    IRELAND0.54%GLOBAL1.52%
    ELECTRICAL0.54%INVESTMENTS1.50%
    (N.I.)0.49%ASSOCIATES1.48%
    C0.49%MEDIA1.38%
    CONSULTANCY0.49%CO.,1.36%
    J0.49%DEVELOPMENTS1.35%
    COMMUNITY0.49%BUILDING1.30%
    SALES0.43%IT1.30%
    SYSTEMS0.43%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied498278,481
    99999 - Dormant Company8748,286
    70229 - Management consultancy activities other than financial management5240,717
    41202 - Construction of domestic buildings437,151
    62020 - Information technology consultancy activities4229,313
    41100 - Development of building projects4110,604
    96090 - Other service activities not elsewhere classified4028,224
    74909 - Other professional, scientific and technical activities not elsewhere classified3618,890
    49410 - Freight transport by road349,960
    68100 - Buying and selling of own real estate336,595
    68209 - Other letting and operating of own or leased real estate3110,361
    43999 - Other specialised construction activities not elsewhere classified298,501
    56102 - Unlicensed restaurants and cafes274,492
    82990 - Other business support service activities not elsewhere classified2657,264
    47990 - Other retail sale not in stores, stalls or markets256,327
    68320 - Management of real estate on a fee or contract basis235,749
    62090 - Other information technology service activities2212,795
    47710 - Retail sale of clothing in specialised stores223,251
    47190 - Other retail sale in non-specialised stores223,702
    56101 - Licensed restaurants228,546
    sic codenumber of companiesuk companies
    None Supplied441263,052
    99999 - Dormant Company8948,811
    70229 - Management consultancy activities other than financial management5441,421
    41100 - Development of building projects4610,983
    41202 - Construction of domestic buildings447,363
    62020 - Information technology consultancy activities4329,780
    96090 - Other service activities not elsewhere classified4128,864
    74909 - Other professional, scientific and technical activities not elsewhere classified3719,117
    68100 - Buying and selling of own real estate346,772
    49410 - Freight transport by road3410,336
    68209 - Other letting and operating of own or leased real estate3110,684
    56102 - Unlicensed restaurants and cafes294,614
    43999 - Other specialised construction activities not elsewhere classified298,701
    82990 - Other business support service activities not elsewhere classified2858,078
    47990 - Other retail sale not in stores, stalls or markets256,458
    56101 - Licensed restaurants248,789
    68320 - Management of real estate on a fee or contract basis235,913
    47190 - Other retail sale in non-specialised stores223,821
    62090 - Other information technology service activities2212,999
    62012 - Business and domestic software development219,848

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI625553 ORMISTON CONSTRUCTION LIMITED 07 Jul 2014
    NI625689 KPL TEDDINGTON LIMITED 16 Jul 2014
    NI625542 MJK BANGOR LIMITED 07 Jul 2014
    NI625847 EWP SOLUTIONS LIMITED 28 Jul 2014
    NI625722 COOKSTOWN CATERING LTD 17 Jul 2014
    NI625757 BELFAST PEDAL TOUR LTD 21 Jul 2014
    NI625885 A SLICE OF HEAVEN DESSERT CAFE LTD 29 Jul 2014
    NI625494 EMBRACE COMBER 02 Jul 2014
    NI625592 SCRABO NI LIMITED 08 Jul 2014
    NI625782 MORRISON INSPECTION SERVICES LIMITED 22 Jul 2014
    NI625439 NI GAME STUDIO LTD 01 Jul 2014
    NI625755 HILL VIEW LOGISTICS LIMITED 21 Jul 2014
    NI625615 MARINE FEST FOODS LTD 09 Jul 2014
    NI625933 ARDGLASS DEVELOPMENT ASSOCIATION CP LTD. 31 Jul 2014
    NI625910 DOWN PROPERTIES LTD 30 Jul 2014
    NI625670 GLO DESIGN LTD 11 Jul 2014
    NI625464 IMPACT RETAIL SYSTEMS LTD 02 Jul 2014
    NI625539 AROJ LTD 04 Jul 2014
    NI625690 NAIHA MEDICS LTD 16 Jul 2014
    NI625815 SYNERGY REND LTD 24 Jul 2014
    NI625818 PROVIDENCE WEALTH MANAGEMENT LTD 24 Jul 2014
    NI625888 FUNKY MONKEYS SOFTPLAY DUNDONALD LTD 29 Jul 2014
    NI625520 SAF PROPERTY DEVELOPMENT LIMITED 03 Jul 2014
    NI625612 EMERALD ESCORTS LTD 09 Jul 2014
    NI625869 DNS ELECTRICAL LTD 28 Jul 2014