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County Down

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in County Down when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in County Down when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in County Down when compared to any previous March.
  • February 2015 saw a new record in company registrations in County Down when compared to any previous February.
  • February 2015 was a record month for company registrations in County Down when compared to any month in history.
  • January 2015 saw a new record in company registrations in County Down when compared to any previous January.
  • January 2015 saw a new record in company closures in County Down when compared to any previous January.
  • February 2015 saw a new record in net growth in County Down when compared to any previous February.
  • February 2015 was a record month for net growth in County Down when compared to any month in history.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in County Down when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in County Down when compared to any quarter in history.

    A total of 392 companies were registered in County Down during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 16.7% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)County DownUK
    2015392161,156
    2014336150,722
    % change16.7%6.9%
    Record Year 2015 (392) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in County Down when compared to any previous March.

    February 2015 saw a new record in company registrations in County Down when compared to any previous February.

    February 2015 was a record month for company registrations in County Down when compared to any month in history.

    January 2015 saw a new record in company registrations in County Down when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015109147136
    New companies in 2014104100132
    % change4.8%47.0%3.0%
    Record Year2015 (109)2015 (147)2015 (136)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 170 companies were dissolved in County Down during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 9.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)County DownUK
    201517089,523
    201415582,370
    % change9.7%8.7%
    Record Year 2015 (170) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in company closures in County Down when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015784448
    Closed companies in 2014534260
    % change47.2%4.8%-20%
    Record Year2015 (78)2012 (56)2013 (67)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for County Down during the first quarter of 2015 (Jan 2015 - Mar 2015) was 222 companies.

    first quarter (Jan 2015 - Mar 2015)County DownUK
    201522271,633
    201418168,352
    Record Year 2007 (261) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in net growth in County Down when compared to any previous February.

    February 2015 was a record month for net growth in County Down when compared to any month in history.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20153110388
    Net growth in 2014515872
    Record Year2007 (79)2015 (103)2007 (103)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, County Down formed 0.2% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)County Down
    20150.2%
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.3%0.2%
    UK formation share in 20140.2%0.2%0.2%
    % change2.8%35.4%-6.1%
    Record Year1992 (0.3%)1991 (0.5%)1993 (0.4%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.4.

    The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in County Down was in 2008 when 33.6% of all directors were female.

    26.9% of all director appointments in County Down in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    (NI)3.59%CONSULTING5.23%
    MANAGEMENT2.15%MANAGEMENT4.56%
    CONSULTING1.38%CONSULTANCY3.62%
    CONTRACTS1.38%PROPERTY2.72%
    PROPERTIES1.23%CONSTRUCTION2.19%
    DEVELOPMENTS1.13%CARE2.13%
    PROPERTY1.08%ENGINEERING2.12%
    CONSTRUCTION1.03%LONDON1.91%
    TRANSPORT0.87%TRADING1.88%
    INVESTMENTS0.82%TRANSPORT1.82%
    CONSULTANCY0.82%ELECTRICAL1.76%
    NI0.82%DESIGN1.65%
    DOWN0.72%PROPERTIES1.63%
    SALES0.67%CO.,1.58%
    TRADING0.67%J1.55%
    NEWRY0.67%CONSULTANTS1.54%
    TRAINING0.62%BUSINESS1.49%
    ENGINEERING0.62%INVESTMENTS1.49%
    DESIGN0.56%GLOBAL1.46%
    IRELAND0.56%ASSOCIATES1.44%
    WIND0.56%DEVELOPMENTS1.36%
    FINANCIAL0.51%BUILDING1.31%
    C.I.C.0.51%IT1.30%
    R0.41%MEDIA1.28%
    ENTERPRISES0.41%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied498288,953
    99999 - Dormant Company9449,474
    41100 - Development of building projects6211,863
    70229 - Management consultancy activities other than financial management5343,081
    68100 - Buying and selling of own real estate477,450
    96090 - Other service activities not elsewhere classified4629,218
    41202 - Construction of domestic buildings437,797
    62020 - Information technology consultancy activities3730,825
    49410 - Freight transport by road3612,485
    74909 - Other professional, scientific and technical activities not elsewhere classified3419,098
    56102 - Unlicensed restaurants and cafes324,917
    43999 - Other specialised construction activities not elsewhere classified309,080
    82990 - Other business support service activities not elsewhere classified3058,522
    68209 - Other letting and operating of own or leased real estate2911,600
    47990 - Other retail sale not in stores, stalls or markets266,557
    86900 - Other human health activities2513,990
    47190 - Other retail sale in non-specialised stores233,835
    56101 - Licensed restaurants228,909
    98000 - Residents property management225,308
    62090 - Other information technology service activities2112,862

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI629045 C D DISTRIBUTION (NI) LIMITED 02 Feb 2015
    NI629068 WGD LIMITED 03 Feb 2015
    NI629353 PURSUIT MOTORS NI LIMITED 13 Feb 2015
    NI629234 THE MAPLE TREE N.I. LTD 09 Feb 2015
    NI629544 CLYDE AGRI CONTRACTS LIMITED 23 Feb 2015
    NI629341 BENEATH HIS WINGS 12 Feb 2015
    NI629438 MCCULLOUGH BRICKLAYING SPECIALISTS LIMITED 17 Feb 2015
    NI629528 TRANSCHILL LIMITED 20 Feb 2015
    NI629024 ESJAY SOFTWARE LIMITED 02 Feb 2015
    NI629426 CHAPTERS COFFEE COMPANY LTD 16 Feb 2015
    NI629041 BEN CLOSE HAIRDRESSING LIMITED 02 Feb 2015
    NI629122 WHOLE MOON ENGAGEMENT LTD 04 Feb 2015
    NI629339 FLYNN HAULAGE LTD 12 Feb 2015
    NI629112 ANVIL INN LTD 04 Feb 2015
    NI629114 23TEN PRODUCTIONS LTD 04 Feb 2015
    NI629154 CROSSGAR COMMERCIALS LTD 05 Feb 2015
    NI629531 KILLYLEAGH 1964 LIMITED 23 Feb 2015
    NI629610 BANNVIEW COURT MANAGEMENT LTD 26 Feb 2015
    NI629106 CW (CLIFFORD WALKER CONTRACTS) LTD 04 Feb 2015
    NI629177 IMBIBE EVENTS LTD 06 Feb 2015
    NI629387 KILMORE DESIGN LTD 13 Feb 2015
    NI629593 NUGELATO LTD 25 Feb 2015
    NI629037 TOM FOX AQS LTD 02 Feb 2015
    NI629313 PIETRE NATURALI LTD 11 Feb 2015
    NI629456 BEE BEE HOSPITALITY LIMITED 17 Feb 2015

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