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
    SC474600 LINDEN NEUROLOGICAL SERVICES LIMITED 07 Apr 2014
    SC474823 2 RENT ME PROPERTY MANAGEMENT LTD 09 Apr 2014
    SC475732 M & M BARS LTD 22 Apr 2014
    SC474323 ACCEL ADMIN SERVICES LIMITED 03 Apr 2014
    SC474385 LINTONVIEW LIMITED 04 Apr 2014
    SC474909 QUALITY FIRST AID TRAINING LTD 09 Apr 2014
    SC476354 ECP SODA BLASTING SERVICES LIMITED 29 Apr 2014
    SC474536 RACQUET BUDDIES LTD 04 Apr 2014
    SC474554 SJJMSERVICES LIMITED 07 Apr 2014
    SC474568 MCC ENGINEERING LIMITED 07 Apr 2014
    SC475357 DUNFERMLINE HOUSING FINANCE LIMITED 15 Apr 2014
    SC475747 SHOWCASE FUTSAL LIMITED 22 Apr 2014
    SC475984 MONTYBOY SOLUTIONS LIMITED 24 Apr 2014
    SC474069 CARAN ENTERPRISES LIMITED 01 Apr 2014
    SC474312 GRANTS BOILER SERVICES LIMITED 03 Apr 2014
    SC475074 MONIF LTD 11 Apr 2014
    SC475106 FM INSPECTION LTD 11 Apr 2014
    SC475938 MILANI DIAMONDS LIMITED 23 Apr 2014
    SC476066 COMMISSIONING & SU CCPP LIMITED 24 Apr 2014
    SC476142 LAVACO LTD 25 Apr 2014
    SC473980 HAMPTON TIMBER SPECIALISTS (DUNDEE) LIMITED 01 Apr 2014
    SC474911 VETSWAP LTD 09 Apr 2014
    SC474931 SKYLINE SCAFFOLDING (DUNDEE) LIMITED 10 Apr 2014
    SC475336 BAYMARE (DUNDEE) LTD 15 Apr 2014
    SC475751 FRASER WATSON ROPE ACCESS LIMITED 22 Apr 2014