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

  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 (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.

    YearCounty DownUK
    20141,232582,051
    20131,165529,363
    20121,107491,893
    2011992452,870
    2010770400,358
    Record Year2014 (1,232)2014 (582,051)
    New Companies by Year
  2. 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 DownUK
    2014578281,320
    2013557259,931
    % change3.8%8.2%
    Record Year2014 (578)2014 (281,320)
    New Companies by Half Year
  3. 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 DownUK
    2014293137,906
    2013282127,247
    % change3.9%8.4%
    Record Year 2014 (293) 2014 (137,906)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 201412010271
    New companies in 20131139178
    % change6.2%12.1%-9.0%
    Record Year2014 (120)2011 (107)2006 (85)

Closed Companies (dissolved)

  1. 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.

    YearCounty DownUK
    2014680367,937
    2013552332,213
    2012589293,729
    2011658314,524
    20101,092342,233
    Record Year2010 (1,092)2009 (533,789)
    Dissolved Companies by Year
  2. 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 DownUK
    2014361190,730
    2013275177,021
    % change31.3%7.7%
    Record Year2010 (784)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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 DownUK
    201417389,060
    201312790,851
    % change36.2%-2.0%
    Record Year 2010 (436) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014686342
    Closed companies in 2013435529
    % change58.1%14.5%45%
    Record Year2010 (301)2014 (63)2010 (76)

Net Company Growth

  1. 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.

    YearCounty DownUK
    2014552214,114
    2013613197,150
    2012518198,164
    2011334138,346
    2010-32258,125
    Record Year2007 (875)2007 (237,353)
    Net Growth by Year
  2. 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 DownUK
    201421790,590
    201328282,910
    Record Year2003 (422)2003 (117,772)
    Net Growth by Half Year
  3. 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 DownUK
    201412048,846
    201315536,396
    Record Year 2006 (225) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014523929
    Net growth in 2013703649
    Record Year2006 (85)2009 (80)2006 (85)

UK Company Share

  1. 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.

    YearCounty Down
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1990 (0.3%)
    Company Share by Year
  2. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Half Year
  3. 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
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 1991 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change1.0%6.4%-22.1%
    Record Year1991 (0.3%)1991 (0.3%)1992 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    (NI)4.12%CONSULTING5.22%
    MANAGEMENT2.32%MANAGEMENT4.58%
    PROPERTY1.43%CONSULTANCY3.57%
    CONTRACTS1.43%PROPERTY2.66%
    CONSTRUCTION1.32%CONSTRUCTION2.12%
    CONSULTING1.27%ENGINEERING2.10%
    TRANSPORT1.00%CARE2.02%
    DEVELOPMENTS0.95%TRADING1.94%
    INVESTMENTS0.90%LONDON1.93%
    NI0.90%TRANSPORT1.93%
    PROPERTIES0.79%DESIGN1.66%
    CONSULTANCY0.69%CONSULTANTS1.64%
    TRADING0.69%ELECTRICAL1.62%
    NEWRY0.63%PROPERTIES1.62%
    DOWN0.63%BUSINESS1.56%
    SALES0.63%J1.54%
    DESIGN0.53%CO.,1.50%
    ROAD0.53%GLOBAL1.49%
    TRAINING0.53%INVESTMENTS1.48%
    C0.53%ASSOCIATES1.47%
    ENGINEERING0.48%DEVELOPMENTS1.35%
    IRELAND0.48%MEDIA1.33%
    ENTERPRISES0.42%IT1.31%
    FINANCIAL0.42%BUILDING1.29%
    BUILDING0.42%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied434265,608
    99999 - Dormant Company9048,509
    41100 - Development of building projects5411,397
    70229 - Management consultancy activities other than financial management5242,290
    96090 - Other service activities not elsewhere classified4829,009
    41202 - Construction of domestic buildings457,559
    68100 - Buying and selling of own real estate427,106
    62020 - Information technology consultancy activities4230,178
    74909 - Other professional, scientific and technical activities not elsewhere classified3419,049
    82990 - Other business support service activities not elsewhere classified3058,068
    43999 - Other specialised construction activities not elsewhere classified308,761
    56102 - Unlicensed restaurants and cafes304,745
    49410 - Freight transport by road3010,842
    68209 - Other letting and operating of own or leased real estate2911,212
    47990 - Other retail sale not in stores, stalls or markets286,452
    56101 - Licensed restaurants258,782
    86900 - Other human health activities2412,976
    47190 - Other retail sale in non-specialised stores233,802
    43210 - Electrical installation225,985
    62090 - Other information technology service activities2112,837

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI627749 BEIRCHEART LIMITED 12 Nov 2014
    NI628023 PSYCHOLOGICAL PATHWAYS LIMITED 26 Nov 2014
    NI627635 COMMUNITYCARECONNECTED LTD 05 Nov 2014
    NI627713 MR TEA LTD 10 Nov 2014
    NI627757 MCLEMAN LIMITED 12 Nov 2014
    NI627622 BEAUTY CULTURE (NI) LIMITED 04 Nov 2014
    NI628048 DUNLOP CONSTRUCTION LIMITED 27 Nov 2014
    NI627736 DOWNVIEW WEST LIMITED 11 Nov 2014
    NI627864 NJS PROPERTY INVESTMENTS LTD 18 Nov 2014
    NI627672 REVYOUME LIMITED 07 Nov 2014
    NI627786 DOWN GARAGE EQUIPMENT SERVICE LIMITED 13 Nov 2014
    NI627717 CVS NEWRY LIMITED 10 Nov 2014
    NI627953 NIDHI GUPTA LTD 24 Nov 2014
    NI627842 LIGHTHOUSE MANAGEMENT WORLDWIDE LIMITED 17 Nov 2014
    NI627746 THEREFORYOU LTD 12 Nov 2014
    NI627792 KELLY HOUSES LIMITED 13 Nov 2014
    NI627625 BRASS MONKEY (NEWRY) LIMITED 05 Nov 2014
    NI627653 APEX MEDIA AND PRINT LTD 06 Nov 2014
    NI627834 O.ROONEY BUS &COACH LTD 17 Nov 2014
    NI627927 MURPHY CHIROPRACTIC LTD 21 Nov 2014
    NI627697 MOSS GATE PROPERTIES LIMITED 10 Nov 2014
    NI627835 CHEF ON WHEELS LTD 17 Nov 2014
    NI627905 CROSSHILL CONTRACTS LTD. 20 Nov 2014
    NI627918 DOWN FARM MACHINERY LIMITED 21 Nov 2014
    NI627929 DIGNEY GRANT FINANCIAL SERVICES LTD 21 Nov 2014