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
New Company Registrations
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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) Dundee UK 2010 128 105,137 2009 137 91,034 % change -6.6% 15.5% Record Year 2007 (161) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 38 37 53 New companies in 2009 38 47 52 % change 0.0% -21.3% 1.9% Record Year 2007 (54) 2007 (52) 2008 (61)
Closed Companies (dissolved)
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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) Dundee UK 2010 112 82,677 2009 95 108,060 % change 17.9% -23.5% Record Year 2010 (112) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 32 38 42 Closed companies in 2009 30 49 16 % change 6.7% -22.4% 163% Record Year 2010 (32) 2009 (49) 2010 (42)
Net Company Growth
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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) Dundee UK 2010 16 22,460 2009 42 -17,026 Record Year 2008 (97) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 6 -1 11 Net growth in 2009 8 -2 36 Record Year 2007 (44) 2008 (26) 2008 (49)
UK Company Share
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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 2010 0.1% 2009 0.2% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1967 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.2% 0.1% % change -7.2% -32.6% -15.3% Record Year 1971 (0.4%) 1968 (0.9%) 1979 (1.6%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 2.88% MANAGEMENT 5.01% DUNDEE 1.68% CONSULTING 4.60% (DUNDEE) 1.32% CONSULTANCY 2.87% CONTRACTS 1.08% PROPERTY 2.50% PROPERTIES 0.72% ASSOCIATES 2.04% PROPERTY 0.72% TRADING 1.93% DESIGN 0.72% DESIGN 1.91% CONSULTANCY 0.72% CONSTRUCTION 1.87% TAYSIDE 0.72% MEDIA 1.84% INVESTMENTS 0.72% BUSINESS 1.74% BAR 0.72% INTERNATIONAL 1.73% J 0.60% CONSULTANTS 1.63% CONSULTANTS 0.60% ENGINEERING 1.54% TRADING 0.60% J 1.48% SCOTLAND 0.60% LONDON 1.45% CONSTRUCTION 0.60% INVESTMENTS 1.45% TRAVEL 0.48% GROUP 1.37% CENTRE 0.48% GLOBAL 1.35% LEISURE 0.48% PROPERTIES 1.35% R 0.48% BUILDING 1.34% RETAIL 0.48% CARE 1.33% B 0.48% ELECTRICAL 1.30% INTERNATIONAL 0.48% M 1.28% BUILDING 0.48% SYSTEMS 1.25% G 0.48% S 1.23%
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 301 228,645 7487 - Other business activities 98 74,904 7499 - Non-trading company 32 15,398 9999 - Dormant Company 25 19,948 68209 - Other letting and operating of own or leased real estate 18 4,131 7414 - Business & management consultancy 16 17,003 82990 - Other business support service activities not elsewhere classified 16 26,974 62020 - Information technology consultancy activities 15 9,943 5540 - Bars 15 2,070 96090 - Other service activities not elsewhere classified 15 8,154 9305 - Other service activities 15 9,038 4521 - General construction & civil engineering 15 9,325 70229 - Management consultancy activities other than financial management 14 14,007 99999 - Dormant Company 14 13,808 7011 - Development & sell real estate 13 5,300 5530 - Restaurants 13 4,798 7222 - Other software consultancy and supply 12 9,659 68100 - Buying and selling of own real estate 11 2,973 4542 - Joinery installation 11 1,298 74990 - Non-trading company 10 8,149
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC372185 RICHMOND & RICHMOND (SCOTLAND) LIMITED 02 Feb 2010 SC372492 AMPLIFIED IT LIMITED 08 Feb 2010 SC372866 WEST ONE FINANCIAL (SCOTLAND) LIMITED 11 Feb 2010 SC373104 JJW DUNDEE LTD 16 Feb 2010 SC373510 GREAT MEALS LTD 23 Feb 2010 SC373548 JPRC LTD 24 Feb 2010 SC373641 VEHICLE BODIES (FORFAR) LIMITED 24 Feb 2010 SC372068 TXTFIRST LIMITED 01 Feb 2010 SC372072 BABY BEARSCLOTHING LIMITED 01 Feb 2010 SC373178 K & L PLASTERERS LIMITED 17 Feb 2010 SC373280 SANDWICH & SNACKS LIMITED 18 Feb 2010 SC373371 DAISIES KINDERGARTEN TOO LIMITED 19 Feb 2010 SC373577 MARCHWELL DEVELOPMENTS LTD 24 Feb 2010 SC372296 GROSEC UK LIMITED 04 Feb 2010 SC372849 WHITFIELD CLUB LTD 11 Feb 2010 SC372913 NEWS STATION LIMITED 12 Feb 2010 SC372962 JLP (DUNDEE) LTD 12 Feb 2010 SC373546 SCOTCHEER LIMITED 24 Feb 2010 SC373708 G SMITH (DUNDEE) LTD 25 Feb 2010 SC372159 GRAND PRIX TRAVEL LIMITED 02 Feb 2010 SC372539 JAMES MCINTOSH CONSTRUCTION LTD 08 Feb 2010 SC372720 A.R.E. INSTALLATIONS LTD 10 Feb 2010 SC373050 CONSENTIENCE LIMITED 15 Feb 2010 SC373098 BROOMFIELD PROPERTIES LTD 16 Feb 2010 SC373724 HUMTERCOMBE 1963 LIMITED 25 Feb 2010
reports
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