Dundee, Angus

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Dundee when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Dundee when compared to any previous Q4.
  • October 2010 saw a new record in company registrations in Dundee when compared to any previous October.
  • 2010 was a record year for company closures in Dundee when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Dundee when compared to any previous second half year.
  • Q4 2010 saw a new record in company closures in Dundee when compared to any previous Q4.
  • December 2010 saw a new record in company closures in Dundee when compared to any previous December.
  • November 2010 saw a new record in company closures in Dundee when compared to any previous November.

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. Annual Data (2010)

    A total of 549 companies were formed in Dundee in 2010. This total is 9.1% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearDundeeUK
    2010549400,358
    2009503362,675
    2008506349,203
    2007573457,649
    2006505405,440
    Record Year2007 (573)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

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

    In the second half of 2010 a total of 282 companies were formed in Dundee. This figure is 17.5% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Dundee occurred in 2010 when a total of 282 were formed.

    Half Year (Jul-Dec)DundeeUK
    2010282196,609
    2009240180,654
    % change17.5%8.8%
    Record Year2010 (282)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Dundee when compared to any previous Q4.

    A total of 143 companies were registered in Dundee during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 6.7% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)DundeeUK
    201014395,117
    200913485,983
    % change6.7%10.6%
    Record Year 2010 (143) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    October 2010 saw a new record in company registrations in Dundee when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010515240
    New companies in 2009395837
    % change30.8%-10.3%8.1%
    Record Year2010 (51)2009 (58)2004 (41)

Closed Companies (dissolved)

  1. Annual Data (2010)

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

    A total of 597 companies were dissolved in Dundee in 2010. This total is 17.5% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearDundeeUK
    2010597342,232
    2009508533,773
    2008265237,901
    2007224220,295
    2006253200,166
    Record Year2010 (597)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

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

    In the second half of 2010 a total of 297 companies were dissolved in Dundee. This figure is 25.3% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Dundee occurred in 2010 when a total of 297 were closed.

    Half Year (Jul-Dec)DundeeUK
    2010297164,601
    2009237244,537
    % change25.3%-32.7%
    Record Year2010 (297)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Dundee when compared to any previous Q4.

    A total of 154 companies were dissolved in Dundee during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 73.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)DundeeUK
    201015476,896
    20098985,136
    % change73.0%-9.7%
    Record Year 2010 (154) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010555247
    Closed companies in 2009353222
    % change57.1%62.5%114%
    Record Year2008 (91)2010 (52)2010 (47)

Net Company Growth

  1. Annual Data (2010)

    A total of -48 companies were removed to the company register for Dundee in 2010. This number represents decline of 9.5% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 43 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Dundee company register grew by 349 companies.

    YearDundeeUK
    2010-4858,126
    2009-5-171,098
    2008241111,302
    2007349237,354
    2006252205,274
    Record Year2007 (349)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Dundee decreased by 15 companies.

    Half Year (Jul-Dec)DundeeUK
    2010-1532,008
    20093-63,883
    Record Year2006 (144)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Dundee during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -11 companies.

    fourth quarter (Oct 2010 - Dec 2010)DundeeUK
    2010-1118,221
    200945847
    Record Year 2004 (68) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-40-7
    Net growth in 200942615
    Record Year2007 (28)2008 (31)2006 (26)

UK Company Share

  1. Annual Data (2010)

    In 2010 Dundee formed 0.1% of all UK companies. This is no change on 2009 when Dundee was responsible for 0.1% of all UK companies.

    YearDundee
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1983 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

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

    Half Year (Jul-Dec)Dundee
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Dundee formed 0.2% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Dundee
    20100.2%
    20090.2%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1969 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.1%
    UK formation share in 20090.1%0.2%0.1%
    % change14.5%-19.9%2.9%
    Record Year1960 (0.4%)1968 (0.2%)1969 (0.7%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.5.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.4.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.7.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Dundee was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Dundee in 2010 was 24.2%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Dundee was 1860 when 42.9% of all directors were female.

    22.2% of all director appointments in Dundee in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Dundee was in 1977 when 31.1% of all directors were female.

    22.7% of all director appointments in Dundee in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    (DUNDEE)2.56%CONSULTING5.06%
    (SCOTLAND)2.00%MANAGEMENT5.01%
    DUNDEE1.33%CONSULTANCY3.14%
    CONSULTING1.11%PROPERTY2.36%
    DEVELOPMENTS0.89%TRADING2.11%
    BAR0.78%ASSOCIATES1.95%
    INVESTMENTS0.78%DESIGN1.92%
    RETAIL0.78%BUSINESS1.82%
    PROPERTY0.78%CONSTRUCTION1.82%
    PROPERTIES0.67%CONSULTANTS1.76%
    ENGINEERING0.67%MEDIA1.71%
    TRADING0.67%ENGINEERING1.62%
    TAYSIDE0.67%LONDON1.60%
    WEST0.56%CARE1.45%
    R0.56%INVESTMENTS1.44%
    CONSULTANCY0.56%GLOBAL1.43%
    H0.56%J1.42%
    GLOBAL0.56%IT1.41%
    PRECISION0.44%PROPERTIES1.34%
    CATERING0.44%INTERNATIONAL1.34%
    SCOTLAND0.44%BUILDING1.34%
    DESIGN0.44%M1.30%
    ELECTRICAL0.44%ELECTRICAL1.25%
    SPORTS0.44%SYSTEMS1.24%
    STUDIOS0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied280199,572
    7487 - Other business activities7963,348
    9999 - Dormant Company2420,144
    82990 - Other business support service activities not elsewhere classified1827,550
    68209 - Other letting and operating of own or leased real estate173,755
    96090 - Other service activities not elsewhere classified178,799
    70229 - Management consultancy activities other than financial management1614,505
    9305 - Other service activities158,858
    74990 - Non-trading company148,243
    68100 - Buying and selling of own real estate142,446
    99999 - Dormant Company1316,285
    74909 - Other professional, scientific and technical activities not elsewhere classified137,088
    4542 - Joinery installation12956
    62020 - Information technology consultancy activities129,177
    7414 - Business & management consultancy1113,474
    4521 - General construction & civil engineering106,598
    69201 - Accounting and auditing activities103,088
    5530 - Restaurants104,939
    41100 - Development of building projects103,765
    86900 - Other human health activities93,700

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC386332 ROOFLINE DIRECT LTD. 01 Oct 2010
    SC386378 RUBY HALAL FOODS LTD 01 Oct 2010
    SC386550 VEHICLE ASSISTANCE NETWORK LIMITED 06 Oct 2010
    SC386593 TORWEY LIMITED 06 Oct 2010
    SC386650 PRISONERS OF HOPE LIMITED 07 Oct 2010
    SC386692 V & A (DUNDEE) LTD 07 Oct 2010
    SC386808 STEPWISE TECHNOLOGY LTD 11 Oct 2010
    SC386908 TORRANCE PRODUCTIONS LIMITED 12 Oct 2010
    SC387633 JENNIE PATTERSON PR & EVENTS LTD. 26 Oct 2010
    SC386510 STOCKSHIFT LIMITED 05 Oct 2010
    SC387061 DIAMOND WHEELS (DUNDEE) LTD 14 Oct 2010
    SC387383 THISTLE ASSOCIATES LIMITED 20 Oct 2010
    SC387759 REBOOT HEALTH & FITNESS LIMITED 27 Oct 2010
    SC386537 FORTHFERN LIMITED 06 Oct 2010
    SC386822 B-DYNAMIC UK LTD 11 Oct 2010
    SC387096 STOCKBAY LIMITED 14 Oct 2010
    SC387173 PCI HEALING MASSAGE LIMITED 18 Oct 2010
    SC387326 BARLEO LTD 19 Oct 2010
    SC387661 NANSON LTD 26 Oct 2010
    SC387685 ANDY MALCOLM LIMITED 26 Oct 2010
    SC387713 C&A CATERING LTD 27 Oct 2010
    SC386375 TORCHWOOD INDUSTRIES LIMITED 01 Oct 2010
    SC386381 ZAIN PROPERTIES (SCOTLAND) LIMITED 01 Oct 2010
    SC386600 STRIKEFORCE SECURITY LIMITED 06 Oct 2010
    SC386694 FRANK MUSBAU AUTOPARTS LIMITED 07 Oct 2010