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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
    NI629873 ARTHUR CHAMBERS LIMITED 10 Mar 2015
    NI629897 INDUSTRY CLUB PROMOTIONS LTD 11 Mar 2015
    NI629951 TRUST LEGAL AND FINANCIAL LTD. 12 Mar 2015
    NI630005 BRADLEY BELFAST LIMITED 13 Mar 2015
    NI630311 FEDERATION OF FAMILY PRACTICES NORTH DOWN C.I.C. 27 Mar 2015
    NI629748 ROBINSON COMMERCIAL SERVICES LIMITED 04 Mar 2015
    NI629759 JHESOLUTIONS LIMITED 04 Mar 2015
    NI630377 KUBBY LIMITED 31 Mar 2015
    NI629773 SPECIALISED-NI LTD 05 Mar 2015
    NI629869 RADMET CONSULTING LTD 10 Mar 2015
    NI630129 RICHARD HUMPHRIES LIMITED 20 Mar 2015
    NI629678 BLUE TRAM LIMITED 02 Mar 2015
    NI629848 MTM N.I. LTD 09 Mar 2015
    NI630027 PIKESTONE CONSULTING LIMITED 16 Mar 2015
    NI630061 N.I. COMMUNITY ENTERPRISES 18 Mar 2015
    NI630345 INNOVATE NETWORKS LIMITED 30 Mar 2015
    NI629932 POWERSCOURT PICTURES LTD 12 Mar 2015
    NI630038 FRENCH PRESSE LTD 16 Mar 2015
    NI630066 N L HARSHAW LTD 18 Mar 2015
    NI630079 ANK RESTAURANTS LIMITED 19 Mar 2015
    NI630224 CORNERSTONE CHURCH 24 Mar 2015
    NI629903 PRETTY WOMAN BOUTIQUE LIMITED 11 Mar 2015
    NI630234 FROTH COFFEE CO. LTD 25 Mar 2015
    NI630344 CPP ENGINEERING LTD 30 Mar 2015
    NI629706 CAPITAL MACHINERY SERVICES LIMITED 03 Mar 2015

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