Dundee, Angus

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Dundee when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Dundee when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Dundee when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Dundee when compared to any previous December.

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 (2014)

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

    A total of 878 companies were formed in Dundee in 2014. This total is 4.0% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearDundeeUK
    2014878582,051
    2013844529,363
    2012744491,893
    2011671452,870
    2010549400,358
    Record Year2014 (878)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 414 companies were formed in Dundee. This figure is 2.5% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Dundee occurred in 2014 when a total of 414 were formed.

    Half Year (Jul-Dec)DundeeUK
    2014414281,320
    2013404259,931
    % change2.5%8.2%
    Record Year2014 (414)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Dundee when compared to any previous Q4.

    A total of 215 companies were registered in Dundee during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 1.4% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)DundeeUK
    2014215137,906
    2013212127,247
    % change1.4%8.4%
    Record Year 2014 (215) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014886265
    New companies in 2013897350
    % change-1.1%-15.1%30.0%
    Record Year2013 (89)2012 (74)2014 (65)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 574 companies were dissolved in Dundee in 2014. This total is 24.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearDundeeUK
    2014574367,937
    2013460332,213
    2012446293,729
    2011384314,524
    2010598342,233
    Record Year2010 (598)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 295 companies were dissolved in Dundee. This figure is 27.2% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Dundee occurred in 2010 when a total of 298 were closed.

    Half Year (Jul-Dec)DundeeUK
    2014295190,730
    2013232177,021
    % change27.2%7.7%
    Record Year2010 (298)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 154 companies were dissolved in Dundee during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 31.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)DundeeUK
    201415489,060
    201311790,851
    % change31.6%-2.0%
    Record Year 2014 (154) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014684541
    Closed companies in 2013413244
    % change65.9%40.6%-7%
    Record Year2008 (91)2010 (52)2011 (60)

Net Company Growth

  1. Annual Data (2014)

    A total of 304 companies were added to the company register for Dundee in 2014. This number represents growth of 34.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 80 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Dundee company register grew by 384 companies.

    YearDundeeUK
    2014304214,114
    2013384197,150
    2012298198,164
    2011287138,346
    2010-4958,125
    Record Year2013 (384)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Dundee increased by 119 companies.

    Half Year (Jul-Dec)DundeeUK
    201411990,590
    201317282,910
    Record Year2013 (172)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Dundee during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 61 companies.

    fourth quarter (Oct 2014 - Dec 2014)DundeeUK
    20146148,846
    20139536,396
    Record Year 2013 (95) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014201724
    Net growth in 201348416
    Record Year2013 (48)2013 (41)2006 (26)

UK Company Share

  1. Annual Data (2014)

    In 2014 Dundee formed 0.2% of all UK companies. This is no change on 2013 when Dundee was responsible for 0.2% of all UK companies.

    YearDundee
    20140.2%
    20130.2%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960)2013 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Dundee formed 0.1% of all UK companies. This is less than the 2013 figure of 0.2%.

    Half Year (Jul-Dec)Dundee
    20140.1%
    20130.2%
    20120.2%
    20110.1%
    20100.1%
    Record Year (since 1960) 1989 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Dundee
    20140.2%
    20130.2%
    20120.2%
    20110.1%
    20100.2%
    Record Year (since 1960) 2013 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.1%0.2%
    UK formation share in 20130.2%0.2%0.1%
    % change-6.0%-19.3%11.3%
    Record Year1988 (0.2%)1989 (0.2%)2004 (0.2%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.1.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 41.9.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 8.6% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 42.1.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Dundee was 1983 when 100.0% of all directors were female.

    The percentage of female directors in Dundee in 2014 was 23.9%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Dundee was 2006 when 29.2% of all directors were female.

    22.4% of all director appointments in Dundee in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Dundee was in 2008 when 32.1% of all directors were female.

    20.1% of all director appointments in Dundee in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (DUNDEE)2.42%CONSULTING5.22%
    DUNDEE2.13%MANAGEMENT4.58%
    ENGINEERING1.17%CONSULTANCY3.57%
    PROPERTY1.10%PROPERTY2.66%
    PROPERTIES1.10%CONSTRUCTION2.12%
    ELECTRICAL1.03%ENGINEERING2.10%
    INVESTMENTS1.03%CARE2.02%
    (SCOTLAND)0.95%TRADING1.94%
    CONSULTANTS0.88%LONDON1.93%
    CONSULTANCY0.81%TRANSPORT1.93%
    DEVELOPMENTS0.81%DESIGN1.66%
    SCOTLAND0.73%CONSULTANTS1.64%
    STREET0.73%ELECTRICAL1.62%
    M0.73%PROPERTIES1.62%
    BAR0.66%BUSINESS1.56%
    OFFSHORE0.66%J1.54%
    WELDING0.59%CO.,1.50%
    TRAINING0.59%GLOBAL1.49%
    DRILLING0.59%INVESTMENTS1.48%
    D0.59%ASSOCIATES1.47%
    G0.59%DEVELOPMENTS1.35%
    WEST0.59%MEDIA1.33%
    MANAGEMENT0.59%IT1.31%
    CITY0.59%BUILDING1.29%
    TAY0.51%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied382265,608
    82990 - Other business support service activities not elsewhere classified7458,068
    99999 - Dormant Company5948,509
    96090 - Other service activities not elsewhere classified4329,009
    56302 - Public houses and bars406,285
    74909 - Other professional, scientific and technical activities not elsewhere classified3819,049
    70229 - Management consultancy activities other than financial management3742,290
    56103 - Take-away food shops and mobile food stands358,318
    68209 - Other letting and operating of own or leased real estate3411,212
    56101 - Licensed restaurants318,782
    62020 - Information technology consultancy activities2930,178
    96020 - Hairdressing and other beauty treatment286,742
    43210 - Electrical installation275,985
    68100 - Buying and selling of own real estate227,106
    62090 - Other information technology service activities1812,837
    41202 - Construction of domestic buildings187,559
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating184,167
    09100 - Support activities for petroleum and natural gas extraction171,077
    86900 - Other human health activities1612,976
    71122 - Engineering related scientific and technical consulting activities163,184

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC488393 SALIM STORES LIMITED 08 Oct 2014
    SC488679 ALAIN RETAIL LIMITED 10 Oct 2014
    SC489064 INDEKITCHEN LTD 16 Oct 2014
    SC489235 DR NOODLES PERTH LIMITED 20 Oct 2014
    SC489311 SALTIRE DRILLING SERVICES LIMITED 20 Oct 2014
    SC489419 SLC (DUNCOL) LIMITED 21 Oct 2014
    SC489440 KIDDIESTAR LIMITED 21 Oct 2014
    SC489879 J STAR SCOTLAND LTD. 27 Oct 2014
    SC488323 DS HAULAGE LIMITED 07 Oct 2014
    SC488623 INNFORD LIMITED 10 Oct 2014
    SC489289 INCHFORD SERVICES LIMITED 20 Oct 2014
    SC489365 PORT FIRE RECORDS LIMITED 21 Oct 2014
    SC490161 MNG CONTRACTORS LIMITED 30 Oct 2014
    SC488190 FINKUMB INVESTMENTS LIMITED 06 Oct 2014
    SC489594 DENS TAVERNS LIMITED 23 Oct 2014
    SC489796 FAST TRACK PARTNERS LTD 27 Oct 2014
    SC487944 DANKYL LTD 01 Oct 2014
    SC488546 GRAHAM ANGUS 2 LTD 09 Oct 2014
    SC488375 42 UNION STREET LTD 07 Oct 2014
    SC488687 SO FRESH AND SO CLEAN (DUNDEE) LTD 10 Oct 2014
    SC488718 HIGH SAFE SOLUTIONS LIMITED 13 Oct 2014
    SC489439 RAF DRILLING SOLUTIONS LTD 21 Oct 2014
    SC489453 HUCKLEBERRYS (DUNDEE) LIMITED 21 Oct 2014
    SC489830 MARINO FIZZ LTD 27 Oct 2014
    SC490071 ETCHELS MECHANICAL SERVICES LTD 29 Oct 2014