Dundee, Angus

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company closures in Dundee when compared to any previous Q1.
  • March 2010 saw a new record in company closures in Dundee when compared to any previous March.
  • January 2010 saw a new record in company closures in Dundee when compared to any previous January.

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 2010)

    A total of 128 companies were registered in Dundee during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 6.6% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)DundeeUK
    2010128105,137
    200913791,034
    % change-6.6%15.5%
    Record Year 2007 (161) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010383753
    New companies in 2009384752
    % change0.0%-21.3%1.9%
    Record Year2007 (54)2007 (52)2008 (61)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Dundee when compared to any previous Q1.

    A total of 112 companies were dissolved in Dundee during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 17.9% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)DundeeUK
    201011282,677
    200995108,060
    % change17.9%-23.5%
    Record Year 2010 (112) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company closures in Dundee when compared to any previous March.

    January 2010 saw a new record in company closures in Dundee when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010323842
    Closed companies in 2009304916
    % change6.7%-22.4%163%
    Record Year2010 (32)2009 (49)2010 (42)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Dundee during the first quarter of 2010 (Jan 2010 - Mar 2010) was 16 companies.

    first quarter (Jan 2010 - Mar 2010)DundeeUK
    20101622,460
    200942-17,026
    Record Year 2008 (97) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20106-111
    Net growth in 20098-236
    Record Year2007 (44)2008 (26)2008 (49)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Dundee formed 0.1% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Dundee
    20100.1%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1967 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.2%0.1%
    % change-7.2%-32.6%-15.3%
    Record Year1971 (0.4%)1968 (0.9%)1979 (1.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 45.5.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Dundee was in 1861 when 40.0% of all directors were female.

    24.2% of all director appointments in Dundee in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.88%MANAGEMENT5.01%
    DUNDEE1.68%CONSULTING4.60%
    (DUNDEE)1.32%CONSULTANCY2.87%
    CONTRACTS1.08%PROPERTY2.50%
    PROPERTIES0.72%ASSOCIATES2.04%
    PROPERTY0.72%TRADING1.93%
    DESIGN0.72%DESIGN1.91%
    CONSULTANCY0.72%CONSTRUCTION1.87%
    TAYSIDE0.72%MEDIA1.84%
    INVESTMENTS0.72%BUSINESS1.74%
    BAR0.72%INTERNATIONAL1.73%
    J0.60%CONSULTANTS1.63%
    CONSULTANTS0.60%ENGINEERING1.54%
    TRADING0.60%J1.48%
    SCOTLAND0.60%LONDON1.45%
    CONSTRUCTION0.60%INVESTMENTS1.45%
    TRAVEL0.48%GROUP1.37%
    CENTRE0.48%GLOBAL1.35%
    LEISURE0.48%PROPERTIES1.35%
    R0.48%BUILDING1.34%
    RETAIL0.48%CARE1.33%
    B0.48%ELECTRICAL1.30%
    INTERNATIONAL0.48%M1.28%
    BUILDING0.48%SYSTEMS1.25%
    G0.48%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied301228,645
    7487 - Other business activities9874,904
    7499 - Non-trading company3215,398
    9999 - Dormant Company2519,948
    68209 - Other letting and operating of own or leased real estate184,131
    7414 - Business & management consultancy1617,003
    82990 - Other business support service activities not elsewhere classified1626,974
    62020 - Information technology consultancy activities159,943
    5540 - Bars152,070
    96090 - Other service activities not elsewhere classified158,154
    9305 - Other service activities159,038
    4521 - General construction & civil engineering159,325
    70229 - Management consultancy activities other than financial management1414,007
    99999 - Dormant Company1413,808
    7011 - Development & sell real estate135,300
    5530 - Restaurants134,798
    7222 - Other software consultancy and supply129,659
    68100 - Buying and selling of own real estate112,973
    4542 - Joinery installation111,298
    74990 - Non-trading company108,149

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC370695 NEW BREAKS LTD 05 Jan 2010
    SC370882 HOLMES BUILDING SOLUTIONS LTD 08 Jan 2010
    SC370914 PROCESS ENGINEERED SOLUTIONS LTD 11 Jan 2010
    SC371075 THE SILVERY TAY LIMITED 12 Jan 2010
    SC371387 PILLARS DUNDEE LTD 19 Jan 2010
    SC371785 AJL (BROUGHTY FERRY) LIMITED 26 Jan 2010
    SC371885 TFF (ANGUS) LIMITED 27 Jan 2010
    SC371944 R & H RETAIL LTD 28 Jan 2010
    SC371056 PWKR DESIGN LIMITED 12 Jan 2010
    SC371185 OOTSIDE IN LIMITED 14 Jan 2010
    SC370707 GENOVA GLOBAL LTD 06 Jan 2010
    SC370749 CROWNRISE LIMITED 06 Jan 2010
    SC370974 DENS ROAD (ARBROATH) LIMITED 11 Jan 2010
    SC371700 RINCO LIMITED 25 Jan 2010
    SC371786 PREMIUM WEDDING RINGS LIMITED 26 Jan 2010
    SC371993 DALRIADA I.T. LTD 28 Jan 2010
    SC370726 MONTYNERO LTD 06 Jan 2010
    SC371192 SEELIAN LIMITED 14 Jan 2010
    SC371383 WEST MART LIMITED 19 Jan 2010
    SC370725 CONOR J WALSH GOLF LIMITED 06 Jan 2010
    SC370915 OA LABS LTD 11 Jan 2010
    SC371116 KF2010 LIMITED 13 Jan 2010
    SC371254 MAGNA-TEK LIMITED 15 Jan 2010
    SC371257 FINLAY'S CARPET AND UPHOLSTERY CLEANING SERVICES LTD 15 Jan 2010
    SC371791 THE COURT OF THE BARON OF CARTSBURN (ESTABLISHED 1669) LIMITED 26 Jan 2010