Dundee, Angus

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Dundee when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Dundee when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Dundee when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Dundee when compared to any quarter in history.
  • June 2014 saw a new record in company registrations in Dundee when compared to any previous June.
  • April 2014 saw a new record in company registrations in Dundee when compared to any previous April.
  • April 2014 saw a new record in company closures in Dundee when compared to any previous April.

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 2014)

    The first half of 2014 saw a new record in company registrations in Dundee when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Dundee when compared to any half year in history.

    In the first half of 2014 a total of 464 companies were formed in Dundee. This figure is 5.5% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Dundee occurred in 2014 when a total of 464 were formed.

    Half Year (Jan-Jun)DundeeUK
    2014464300,731
    2013440269,432
    % change5.5%11.6%
    Record Year2014 (464)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Dundee when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Dundee when compared to any quarter in history.

    A total of 237 companies were registered in Dundee during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 4.9% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DundeeUK
    2014237150,009
    2013226134,630
    % change4.9%11.4%
    Record Year 2014 (237) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    June 2014 saw a new record in company registrations in Dundee when compared to any previous June.

    April 2014 saw a new record in company registrations in Dundee when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2014887871
    New companies in 2013798265
    % change11.4%-4.9%9.2%
    Record Year2014 (88)2013 (82)2014 (71)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 279 companies were dissolved in Dundee. This figure is 22.4% higher than last year, which compares badly to the UK wide change of 14.2%.

    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
    2014279177,207
    2013228155,192
    % change22.4%14.2%
    Record Year2010 (300)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 136 companies were dissolved in Dundee during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 38.8% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)DundeeUK
    201413694,837
    20139877,278
    % change38.8%22.7%
    Record Year 2010 (188) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in company closures in Dundee when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014535132
    Closed companies in 2013254726
    % change112.0%8.5%23%
    Record Year2014 (53)2010 (130)2009 (59)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Dundee increased by 185 companies.

    Half Year (Jan-Jun)DundeeUK
    2014185123,524
    2013212114,240
    Record Year2007 (223)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Dundee during the second quarter of 2014 (Apr 2014 - Jun 2014) was 101 companies.

    second quarter (Apr 2014 - Jun 2014)DundeeUK
    201410155,172
    201312857,352
    Record Year 2007 (129) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014352739
    Net growth in 2013543539
    Record Year2013 (54)2007 (55)2011 (43)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Dundee formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Dundee
    20140.2%
    20130.2%
    20120.1%
    20110.2%
    20100.1%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Dundee formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Dundee
    20140.2%
    20130.2%
    20120.2%
    20110.2%
    20100.1%
    Record Year (since 1960) 1992 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.1%
    UK formation share in 20130.2%0.2%0.2%
    % change0.4%-12.2%-5.4%
    Record Year1992 (0.3%)1991 (0.2%)1987 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.2.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.2.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Dundee was 2006 when 29.0% of all directors were female.

    25.2% of all director appointments in Dundee in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Dundee was in 2007 when 30.4% of all directors were female.

    25.7% of all director appointments in Dundee in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    DUNDEE2.22%CONSULTING5.16%
    (DUNDEE)2.07%MANAGEMENT4.64%
    (SCOTLAND)1.33%CONSULTANCY3.50%
    ENGINEERING1.26%PROPERTY2.66%
    ELECTRICAL1.19%TRADING2.03%
    SCOTLAND1.19%ENGINEERING1.99%
    PROPERTY0.96%CONSTRUCTION1.93%
    CONSULTANCY0.81%LONDON1.93%
    M0.74%CARE1.85%
    PROPERTIES0.74%DESIGN1.75%
    DEVELOPMENTS0.74%CONSULTANTS1.73%
    STREET0.74%BUSINESS1.69%
    MANAGEMENT0.74%PROPERTIES1.63%
    CONSULTING0.67%TRANSPORT1.58%
    TAY0.67%GLOBAL1.55%
    TRAINING0.67%INVESTMENTS1.55%
    CONSULTANTS0.59%J1.51%
    G0.59%ASSOCIATES1.48%
    INVESTMENTS0.59%MEDIA1.44%
    FOODS0.59%ELECTRICAL1.40%
    BUILDING0.52%IT1.33%
    OFFSHORE0.52%DEVELOPMENTS1.33%
    D0.44%BUILDING1.26%
    FOOD0.44%M1.24%
    K0.44%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied372261,557
    99999 - Dormant Company6848,436
    82990 - Other business support service activities not elsewhere classified6657,421
    70229 - Management consultancy activities other than financial management4240,250
    96090 - Other service activities not elsewhere classified3728,352
    68209 - Other letting and operating of own or leased real estate3510,133
    56302 - Public houses and bars356,099
    56103 - Take-away food shops and mobile food stands327,840
    56101 - Licensed restaurants308,585
    74909 - Other professional, scientific and technical activities not elsewhere classified2919,058
    62020 - Information technology consultancy activities2929,029
    96020 - Hairdressing and other beauty treatment276,631
    43210 - Electrical installation246,050
    86900 - Other human health activities1811,292
    62090 - Other information technology service activities1813,024
    49320 - Taxi operation161,722
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating163,928
    41202 - Construction of domestic buildings157,053
    56102 - Unlicensed restaurants and cafes154,395
    71129 - Other engineering activities155,787

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC479142 CALL-A-KEG (DUNDEE) LIMITED 03 Jun 2014
    SC479206 AIMA WELDING SOLUTION LTD 04 Jun 2014
    SC479208 LPL WELDING SERVICES LTD 04 Jun 2014
    SC479209 JSG WELDING SERVICES LTD 04 Jun 2014
    SC479996 BYO.MYO LIMITED 13 Jun 2014
    SC480373 CITY CENTRE PUBS (DUNDEE) LIMITED 19 Jun 2014
    SC479134 RED LINE COACHES LTD 03 Jun 2014
    SC479338 FLORA GARDENING LIMITED 05 Jun 2014
    SC479868 LAYEDWELL FLOORING (DUNDEE) LIMITED 12 Jun 2014
    SC480041 CAMPBELTOWN BAR LTD 13 Jun 2014
    SC480288 M DADRAS LTD 18 Jun 2014
    SC480344 FLOORMAX SCOTLAND LIMITED 18 Jun 2014
    SC480594 LIVE LINK RECRUITMENT LIMITED 23 Jun 2014
    SC480706 L AND P PROPERTIES LIMITED 24 Jun 2014
    SC479310 SKS CONTRACTING LTD 05 Jun 2014
    SC479607 DARKJOKESDIVIDE LTD 10 Jun 2014
    SC479629 1STOP HOME IMPROVEMENTS (ANGUS) LIMITED 10 Jun 2014
    SC480044 FOSSIL ENERGY SOLUTIONS LTD 13 Jun 2014
    SC480257 CITY BLINDS INVESTMENTS LIMITED 17 Jun 2014
    SC480449 KENNETH DRILLING LIMITED 19 Jun 2014
    SC480471 GLS SERVICES (SCOTLAND) LIMITED 20 Jun 2014
    SC480992 RCB OFFSHORE SOLUTIONS LTD 27 Jun 2014
    SC479393 FINN TARN LIMITED 06 Jun 2014
    SC480023 MIRAGE LEISURE (DUNDEE) LTD. 13 Jun 2014
    SC480673 JUSHI LTD 24 Jun 2014