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
New Company Registrations
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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.
Year Dundee UK 2014 878 582,051 2013 844 529,363 2012 744 491,893 2011 671 452,870 2010 549 400,358 Record Year 2014 (878) 2014 (582,051) New Companies by Year
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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) Dundee UK 2014 414 281,320 2013 404 259,931 % change 2.5% 8.2% Record Year 2014 (414) 2014 (281,320) New Companies by Half Year
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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) Dundee UK 2014 215 137,906 2013 212 127,247 % change 1.4% 8.4% Record Year 2014 (215) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 88 62 65 New companies in 2013 89 73 50 % change -1.1% -15.1% 30.0% Record Year 2013 (89) 2012 (74) 2014 (65)
Closed Companies (dissolved)
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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.
Year Dundee UK 2014 574 367,937 2013 460 332,213 2012 446 293,729 2011 384 314,524 2010 598 342,233 Record Year 2010 (598) 2009 (533,789) Dissolved Companies by Year
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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) Dundee UK 2014 295 190,730 2013 232 177,021 % change 27.2% 7.7% Record Year 2010 (298) 2009 (244,544) Dissolved Companies by Half Year
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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) Dundee UK 2014 154 89,060 2013 117 90,851 % change 31.6% -2.0% Record Year 2014 (154) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 68 45 41 Closed companies in 2013 41 32 44 % change 65.9% 40.6% -7% Record Year 2008 (91) 2010 (52) 2011 (60)
Net Company Growth
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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.
Year Dundee UK 2014 304 214,114 2013 384 197,150 2012 298 198,164 2011 287 138,346 2010 -49 58,125 Record Year 2013 (384) 2007 (237,353) Net Growth by Year
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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) Dundee UK 2014 119 90,590 2013 172 82,910 Record Year 2013 (172) 2003 (117,772) Net Growth by Half Year
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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) Dundee UK 2014 61 48,846 2013 95 36,396 Record Year 2013 (95) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 20 17 24 Net growth in 2013 48 41 6 Record Year 2013 (48) 2013 (41) 2006 (26)
UK Company Share
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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.
Year Dundee 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.1% 2010 0.1% Record Year (since 1960) 2013 (0.2%) Company Share by Year
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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 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.1% 2010 0.1% Record Year (since 1960) 1989 (0.2%) Company Share by Half Year
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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 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.1% 2010 0.2% Record Year (since 1960) 2013 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.1% 0.2% UK formation share in 2013 0.2% 0.2% 0.1% % change -6.0% -19.3% 11.3% Record Year 1988 (0.2%) 1989 (0.2%) 2004 (0.2%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (DUNDEE) 2.42% CONSULTING 5.22% DUNDEE 2.13% MANAGEMENT 4.58% ENGINEERING 1.17% CONSULTANCY 3.57% PROPERTY 1.10% PROPERTY 2.66% PROPERTIES 1.10% CONSTRUCTION 2.12% ELECTRICAL 1.03% ENGINEERING 2.10% INVESTMENTS 1.03% CARE 2.02% (SCOTLAND) 0.95% TRADING 1.94% CONSULTANTS 0.88% LONDON 1.93% CONSULTANCY 0.81% TRANSPORT 1.93% DEVELOPMENTS 0.81% DESIGN 1.66% SCOTLAND 0.73% CONSULTANTS 1.64% STREET 0.73% ELECTRICAL 1.62% M 0.73% PROPERTIES 1.62% BAR 0.66% BUSINESS 1.56% OFFSHORE 0.66% J 1.54% WELDING 0.59% CO., 1.50% TRAINING 0.59% GLOBAL 1.49% DRILLING 0.59% INVESTMENTS 1.48% D 0.59% ASSOCIATES 1.47% G 0.59% DEVELOPMENTS 1.35% WEST 0.59% MEDIA 1.33% MANAGEMENT 0.59% IT 1.31% CITY 0.59% BUILDING 1.29% TAY 0.51% M 1.22%
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 382 265,608 82990 - Other business support service activities not elsewhere classified 74 58,068 99999 - Dormant Company 59 48,509 96090 - Other service activities not elsewhere classified 43 29,009 56302 - Public houses and bars 40 6,285 74909 - Other professional, scientific and technical activities not elsewhere classified 38 19,049 70229 - Management consultancy activities other than financial management 37 42,290 56103 - Take-away food shops and mobile food stands 35 8,318 68209 - Other letting and operating of own or leased real estate 34 11,212 56101 - Licensed restaurants 31 8,782 62020 - Information technology consultancy activities 29 30,178 96020 - Hairdressing and other beauty treatment 28 6,742 43210 - Electrical installation 27 5,985 68100 - Buying and selling of own real estate 22 7,106 62090 - Other information technology service activities 18 12,837 41202 - Construction of domestic buildings 18 7,559 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 18 4,167 09100 - Support activities for petroleum and natural gas extraction 17 1,077 86900 - Other human health activities 16 12,976 71122 - Engineering related scientific and technical consulting activities 16 3,184
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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