Dundee, Angus

2010 Half Year Business Confidence Report

Headlines

  • The first half of 2010 saw a new record in company closures in Dundee when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company closures in Dundee when compared to any half year in history.
  • Q2 2010 saw a new record in company closures in Dundee when compared to any previous Q2.
  • Q2 2010 was a record quarter for company closures in Dundee when compared to any quarter in history.
  • May 2010 saw a new record in company closures in Dundee when compared to any previous May.
  • May 2010 was a record month for company closures in Dundee 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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 267 companies were formed in Dundee. This figure is 1.5% higher than last year, which compares badly to the UK wide figure of 11.9%.

    The highest total for a first half year in Dundee occurred in 2007 when a total of 329 were formed.

    Half Year (Jan-Jun)DundeeUK
    2010267203,749
    2009263182,021
    % change1.5%11.9%
    Record Year2007 (329)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 139 companies were registered in Dundee during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 10.3% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)DundeeUK
    201013998,612
    200912690,987
    % change10.3%8.4%
    Record Year 2007 (168) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010514741
    New companies in 2009394245
    % change30.8%11.9%-8.9%
    Record Year2005 (59)2007 (67)2003 (55)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company closures in Dundee when compared to any previous first half year.

    The first half of 2010 was a record first half year for company closures in Dundee when compared to any half year in history.

    In the first half of 2010 a total of 300 companies were dissolved in Dundee. This figure is 10.7% higher than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Dundee occurred in 2010 when a total of 300 were closed.

    Half Year (Jan-Jun)DundeeUK
    2010300177,631
    2009271289,236
    % change10.7%-38.6%
    Record Year2010 (300)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company closures in Dundee when compared to any previous Q2.

    Q2 2010 was a record quarter for company closures in Dundee when compared to any quarter in history.

    A total of 188 companies were dissolved in Dundee during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 6.8% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)DundeeUK
    201018894,954
    2009176181,176
    % change6.8%-47.6%
    Record Year 2010 (188) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

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

    May 2010 was a record month for company closures in Dundee when compared to any month in history.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20102313035
    Closed companies in 2009111659
    % change2,200.0%12.1%-41%
    Record Year2008 (26)2010 (130)2009 (59)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Dundee decreased by 33 companies.

    Half Year (Jan-Jun)DundeeUK
    2010-3326,118
    2009-8-107,215
    Record Year2007 (223)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Dundee during the second quarter of 2010 (Apr 2010 - Jun 2010) was -49 companies.

    second quarter (Apr 2010 - Jun 2010)DundeeUK
    2010-493,658
    2009-50-90,189
    Record Year 2007 (129) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201028-836
    Net growth in 200938-74-14
    Record Year2007 (48)2007 (55)2003 (41)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Dundee formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jan-Jun)Dundee
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1967 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

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

    second quarter (Apr 2010 - Jun 2010)Dundee
    20100.1%
    20090.1%
    20080.2%
    20070.1%
    20060.1%
    Record Year (since 1960) 1983 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change20.3%6.7%-18.0%
    Record Year1979 (2.1%)1983 (0.4%)1974 (0.5%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

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

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

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

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

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

    23.2% of all director appointments in Dundee in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Dundee was in 1866 when 66.7% of all directors were female.

    22.2% of all director appointments in Dundee in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.57%MANAGEMENT5.01%
    (DUNDEE)1.99%CONSULTING4.79%
    DUNDEE1.75%CONSULTANCY3.02%
    PROPERTY0.82%PROPERTY2.40%
    BAR0.70%ASSOCIATES2.02%
    TAYSIDE0.70%TRADING2.01%
    CONTRACTS0.70%DESIGN1.91%
    DESIGN0.70%CONSTRUCTION1.85%
    TRADING0.70%MEDIA1.80%
    PROPERTIES0.70%BUSINESS1.75%
    CONSULTANCY0.70%CONSULTANTS1.71%
    INVESTMENTS0.58%INTERNATIONAL1.59%
    TAXIS0.58%ENGINEERING1.56%
    H0.47%LONDON1.52%
    GLOBAL0.47%INVESTMENTS1.49%
    R0.47%J1.46%
    THOMSON0.47%CARE1.41%
    WEST0.47%GLOBAL1.39%
    PERTH0.47%PROPERTIES1.35%
    STREET0.47%BUILDING1.33%
    SCOTLAND0.47%M1.29%
    HEALTH0.47%IT1.28%
    HOUSE0.47%ELECTRICAL1.27%
    DEVELOPMENTS0.47%GROUP1.25%
    RETAIL0.47%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied286207,125
    7487 - Other business activities9268,525
    9999 - Dormant Company2319,842
    82990 - Other business support service activities not elsewhere classified1925,942
    68209 - Other letting and operating of own or leased real estate173,834
    96090 - Other service activities not elsewhere classified167,922
    70229 - Management consultancy activities other than financial management1513,490
    5530 - Restaurants154,879
    62020 - Information technology consultancy activities158,590
    7414 - Business & management consultancy1514,598
    9305 - Other service activities148,822
    4521 - General construction & civil engineering148,262
    7499 - Non-trading company1413,997
    68100 - Buying and selling of own real estate132,601
    7011 - Development & sell real estate134,579
    4542 - Joinery installation121,176
    99999 - Dormant Company1114,342
    74990 - Non-trading company107,893
    5540 - Bars102,054
    7222 - Other software consultancy and supply108,285

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC379618 HEADLIGHT DUNDEE LIMITED 03 Jun 2010
    SC379713 LONGS FLOORING LTD 04 Jun 2010
    SC379841 GLOBAL RESOURCES AND CLEAN ENERGY LIMITED 07 Jun 2010
    SC379866 TEMPSITE WATER LIMITED 07 Jun 2010
    SC380165 BURNSIDE PROPERTY COMPANY LIMITED 11 Jun 2010
    SC380429 CUNMONT QUARRY LIMITED 15 Jun 2010
    SC380516 SOLAS (CENTRE FOR PUBLIC CHRISTIANITY) 16 Jun 2010
    SC380587 BMS (DEVELOPMENTS) LTD 17 Jun 2010
    SC380915 TIGER GAMES LIMITED 23 Jun 2010
    SC381107 POUNDSTORE (DUNDEE) LIMITED 28 Jun 2010
    SC381215 CUBIX ASSOCIATES LTD 30 Jun 2010
    SC381253 THE FAR PAVILIONS A&Z LTD 30 Jun 2010
    SC379998 THE HAYTER FAMILY LTD 09 Jun 2010
    SC380356 RONITA'S LIMITED 15 Jun 2010
    SC380747 EM TERRITORY LIMITED 21 Jun 2010
    SC379604 DENS SUPER STORE LIMITED 03 Jun 2010
    SC379754 CRF GLOBAL LIMITED 04 Jun 2010
    SC379790 FAVOR COMPUTERS LIMITED 07 Jun 2010
    SC380448 ROSEMILL DEVELOPMENTS LIMITED 16 Jun 2010
    SC380529 FEDERAL INTERNATIONAL TRADING LTD 17 Jun 2010
    SC379563 SMORE LTD 02 Jun 2010
    SC379884 GADGET STORE UK LTD 08 Jun 2010
    SC380430 ARROW HOMECARE (TAYSIDE) LTD 15 Jun 2010
    SC380558 ACCESS CABS LIMITED 17 Jun 2010
    SC380724 MARIENDORF LIMITED 21 Jun 2010