County Down
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in County Down when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in County Down when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in County Down when compared to any previous Q4.
- October 2014 saw a new record in company registrations in County Down when compared to any previous October.
- November 2014 saw a new record in company closures in County Down when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in County Down when compared to any year in history.
A total of 1,232 companies were formed in County Down in 2014. This total is 5.8% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year County Down UK 2014 1,232 582,051 2013 1,165 529,363 2012 1,107 491,893 2011 992 452,870 2010 770 400,358 Record Year 2014 (1,232) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in County Down when compared to any previous second half year.
In the second half of 2014 a total of 578 companies were formed in County Down. This figure is 3.8% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in County Down occurred in 2014 when a total of 578 were formed.
Half Year (Jul-Dec) County Down UK 2014 578 281,320 2013 557 259,931 % change 3.8% 8.2% Record Year 2014 (578) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in County Down when compared to any previous Q4.
A total of 293 companies were registered in County Down during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 3.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) County Down UK 2014 293 137,906 2013 282 127,247 % change 3.9% 8.4% Record Year 2014 (293) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in County Down when compared to any previous October.
New Companies by Month
October November December New companies in 2014 120 102 71 New companies in 2013 113 91 78 % change 6.2% 12.1% -9.0% Record Year 2014 (120) 2011 (107) 2006 (85)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 680 companies were dissolved in County Down in 2014. This total is 23.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year County Down UK 2014 680 367,937 2013 552 332,213 2012 589 293,729 2011 658 314,524 2010 1,092 342,233 Record Year 2010 (1,092) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 361 companies were dissolved in County Down. This figure is 31.3% higher than last year, which compares badly to the UK wide change of 7.7%.
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 Down UK 2014 361 190,730 2013 275 177,021 % change 31.3% 7.7% Record Year 2010 (784) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 173 companies were dissolved in County Down during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 36.2% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) County Down UK 2014 173 89,060 2013 127 90,851 % change 36.2% -2.0% Record Year 2010 (436) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company closures in County Down when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2014 68 63 42 Closed companies in 2013 43 55 29 % change 58.1% 14.5% 45% Record Year 2010 (301) 2014 (63) 2010 (76)
Net Company Growth
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Annual Data (2014)
A total of 552 companies were added to the company register for County Down in 2014. This number represents growth of 44.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 61 companies lower 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.
Year County Down UK 2014 552 214,114 2013 613 197,150 2012 518 198,164 2011 334 138,346 2010 -322 58,125 Record Year 2007 (875) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for County Down increased by 217 companies.
Half Year (Jul-Dec) County Down UK 2014 217 90,590 2013 282 82,910 Record Year 2003 (422) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for County Down during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 120 companies.
fourth quarter (Oct 2014 - Dec 2014) County Down UK 2014 120 48,846 2013 155 36,396 Record Year 2006 (225) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 52 39 29 Net growth in 2013 70 36 49 Record Year 2006 (85) 2009 (80) 2006 (85)
UK Company Share
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Annual Data (2014)
In 2014 County Down formed 0.2% of all UK companies. This is no change on 2013 when County Down was responsible for 0.2% of all UK companies.
Year County Down 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1990 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second 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 (Jul-Dec) County Down 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, County Down formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) County Down 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1991 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 1.0% 6.4% -22.1% Record Year 1991 (0.3%) 1991 (0.3%) 1992 (0.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.8.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.7.
The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.7.
The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 26.2%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in County Down was 2007 when 31.4% of all directors were female.
24.1% of all director appointments in County Down in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in County Down was in 2008 when 34.9% of all directors were female.
23.3% of all director appointments in County Down in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 4.12% CONSULTING 5.22% MANAGEMENT 2.32% MANAGEMENT 4.58% PROPERTY 1.43% CONSULTANCY 3.57% CONTRACTS 1.43% PROPERTY 2.66% CONSTRUCTION 1.32% CONSTRUCTION 2.12% CONSULTING 1.27% ENGINEERING 2.10% TRANSPORT 1.00% CARE 2.02% DEVELOPMENTS 0.95% TRADING 1.94% INVESTMENTS 0.90% LONDON 1.93% NI 0.90% TRANSPORT 1.93% PROPERTIES 0.79% DESIGN 1.66% CONSULTANCY 0.69% CONSULTANTS 1.64% TRADING 0.69% ELECTRICAL 1.62% NEWRY 0.63% PROPERTIES 1.62% DOWN 0.63% BUSINESS 1.56% SALES 0.63% J 1.54% DESIGN 0.53% CO., 1.50% ROAD 0.53% GLOBAL 1.49% TRAINING 0.53% INVESTMENTS 1.48% C 0.53% ASSOCIATES 1.47% ENGINEERING 0.48% DEVELOPMENTS 1.35% IRELAND 0.48% MEDIA 1.33% ENTERPRISES 0.42% IT 1.31% FINANCIAL 0.42% BUILDING 1.29% BUILDING 0.42% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 434 265,608 99999 - Dormant Company 90 48,509 41100 - Development of building projects 54 11,397 70229 - Management consultancy activities other than financial management 52 42,290 96090 - Other service activities not elsewhere classified 48 29,009 41202 - Construction of domestic buildings 45 7,559 68100 - Buying and selling of own real estate 42 7,106 62020 - Information technology consultancy activities 42 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 34 19,049 82990 - Other business support service activities not elsewhere classified 30 58,068 43999 - Other specialised construction activities not elsewhere classified 30 8,761 56102 - Unlicensed restaurants and cafes 30 4,745 49410 - Freight transport by road 30 10,842 68209 - Other letting and operating of own or leased real estate 29 11,212 47990 - Other retail sale not in stores, stalls or markets 28 6,452 56101 - Licensed restaurants 25 8,782 86900 - Other human health activities 24 12,976 47190 - Other retail sale in non-specialised stores 23 3,802 43210 - Electrical installation 22 5,985 62090 - Other information technology service activities 21 12,837
Recent Companies
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Randomly selected companies from this quarter
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