Dundee, Angus
Q3 2010 Business Confidence Report

Headlines
- September 2010 saw a new record in company registrations in Dundee when compared to any previous September.
- September 2010 saw a new record in company closures in Dundee when compared to any previous September.
- July 2010 saw a new record in company closures in Dundee when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 139 companies were registered in Dundee during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 31.1% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Dundee UK 2010 139 101,492 2009 106 94,671 % change 31.1% 7.2% Record Year 2006 (143) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company registrations in Dundee when compared to any previous September.
New Companies by Month
July August September New companies in 2010 35 50 54 New companies in 2009 25 38 43 % change 40.0% 31.6% 25.6% Record Year 2003 (54) 2006 (55) 2010 (54)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 143 companies were dissolved in Dundee during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 3.4% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Dundee UK 2010 143 87,705 2009 148 159,401 % change -3.4% -45.0% Record Year 2009 (148) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company closures in Dundee when compared to any previous September.
July 2010 saw a new record in company closures in Dundee when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 47 30 66 Closed companies in 2009 29 76 43 % change 62.1% -60.5% 53% Record Year 2010 (47) 2009 (76) 2010 (66)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Dundee during the third quarter of 2010 (Jul 2010 - Sep 2010) was -4 companies.
third quarter (Jul 2010 - Sep 2010) Dundee UK 2010 -4 13,787 2009 -42 -64,730 Record Year 2008 (89) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 -12 20 -12 Net growth in 2009 -4 -38 0 Record Year 2003 (46) 2008 (39) 2008 (45)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Dundee formed 0.1% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Dundee 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.1% 0.2% 0.2% UK formation share in 2009 0.1% 0.1% 0.1% % change 30.2% 19.4% 20.4% Record Year 1975 (0.6%) 1962 (0.4%) 1966 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 44.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Dundee was in 1862 when 50.0% of all directors were female.
21.7% of all director appointments in Dundee in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 2.60% MANAGEMENT 5.06% DUNDEE 1.92% CONSULTING 4.99% (DUNDEE) 1.69% CONSULTANCY 3.12% CONSULTING 0.90% PROPERTY 2.38% BAR 0.90% TRADING 2.04% PROPERTY 0.90% ASSOCIATES 2.01% TAYSIDE 0.90% DESIGN 1.93% PROPERTIES 0.79% CONSTRUCTION 1.86% DEVELOPMENTS 0.79% BUSINESS 1.80% TRADING 0.68% MEDIA 1.75% DESIGN 0.68% CONSULTANTS 1.73% INVESTMENTS 0.68% LONDON 1.59% CONSULTANTS 0.56% ENGINEERING 1.59% WEST 0.56% INVESTMENTS 1.49% R 0.56% CARE 1.44% ENGINEERING 0.56% J 1.44% CONSULTANCY 0.56% INTERNATIONAL 1.43% HOUSE 0.56% GLOBAL 1.42% RETAIL 0.56% IT 1.35% SPORTS 0.45% PROPERTIES 1.35% CONTRACTS 0.45% BUILDING 1.32% ENTERPRISES 0.45% ELECTRICAL 1.30% BUILDING 0.45% M 1.28% H 0.45% SYSTEMS 1.26% NEW 0.45% S 1.24%
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 286 202,902 7487 - Other business activities 87 69,802 9999 - Dormant Company 26 21,484 82990 - Other business support service activities not elsewhere classified 19 25,053 9305 - Other service activities 16 9,454 96090 - Other service activities not elsewhere classified 15 7,767 68209 - Other letting and operating of own or leased real estate 15 3,631 62020 - Information technology consultancy activities 15 8,292 70229 - Management consultancy activities other than financial management 14 13,161 4542 - Joinery installation 13 1,100 68100 - Buying and selling of own real estate 12 2,447 5540 - Bars 11 2,208 4521 - General construction & civil engineering 11 7,634 99999 - Dormant Company 11 14,072 7414 - Business & management consultancy 11 14,940 5530 - Restaurants 11 5,181 7222 - Other software consultancy and supply 10 8,183 74990 - Non-trading company 9 7,649 74909 - Other professional, scientific and technical activities not elsewhere classified 9 6,460 41100 - Development of building projects 9 3,688
Recent Companies
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Randomly selected companies from this quarter
reports
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