Dundee, Angus

Q1 2015 Business Confidence Report

Headlines

  • January 2015 saw a new record in company registrations in Dundee when compared to any previous January.
  • January 2015 saw a new record in company closures in Dundee when compared to any previous January.

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. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 217 companies were registered in Dundee during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 4.4% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)DundeeUK
    2015217161,156
    2014227150,722
    % change-4.4%6.9%
    Record Year 2014 (227) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in company registrations in Dundee when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015686683
    New companies in 2014598583
    % change15.3%-22.4%0.0%
    Record Year2015 (68)2013 (85)2014 (83)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 165 companies were dissolved in Dundee during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 15.4% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)DundeeUK
    201516589,523
    201414382,370
    % change15.4%8.7%
    Record Year 2015 (165) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in company closures in Dundee when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015713757
    Closed companies in 2014443861
    % change61.4%-2.6%-7%
    Record Year2015 (71)2009 (49)2014 (61)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Dundee during the first quarter of 2015 (Jan 2015 - Mar 2015) was 52 companies.

    first quarter (Jan 2015 - Mar 2015)DundeeUK
    20155271,633
    20148468,352
    Record Year 2008 (97) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015-32926
    Net growth in 2014154722
    Record Year2007 (44)2013 (65)2011 (56)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Dundee formed 0.1% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Dundee
    20150.1%
    20140.2%
    20130.2%
    20120.1%
    20110.1%
    Record Year (since 1960) 1990 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.1%0.1%0.1%
    UK formation share in 20140.1%0.2%0.1%
    % change13.1%-28.5%-8.9%
    Record Year1990 (0.3%)2013 (0.2%)1992 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.5.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.1%.

    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. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Dundee was in 2013 when 31.3% of all directors were female.

    27.1% of all director appointments in Dundee in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    DUNDEE2.33%CONSULTING5.23%
    (DUNDEE)2.33%MANAGEMENT4.56%
    ELECTRICAL1.09%CONSULTANCY3.62%
    PROPERTIES0.87%PROPERTY2.72%
    BAR0.80%CONSTRUCTION2.19%
    PROPERTY0.80%CARE2.13%
    CONSULTANCY0.80%ENGINEERING2.12%
    INVESTMENTS0.80%LONDON1.91%
    ENGINEERING0.80%TRADING1.88%
    (SCOTLAND)0.73%TRANSPORT1.82%
    DEVELOPMENTS0.73%ELECTRICAL1.76%
    M0.65%DESIGN1.65%
    OFFSHORE0.58%PROPERTIES1.63%
    WELDING0.58%CO.,1.58%
    MANAGEMENT0.58%J1.55%
    CITY0.58%CONSULTANTS1.54%
    CONSTRUCTION0.58%BUSINESS1.49%
    CONSULTANTS0.58%INVESTMENTS1.49%
    RETAIL0.51%GLOBAL1.46%
    HOME0.51%ASSOCIATES1.44%
    G0.51%DEVELOPMENTS1.36%
    TRAINING0.51%BUILDING1.31%
    SCOTLAND0.51%IT1.30%
    ENERGY0.51%MEDIA1.28%
    FOODS0.51%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied435288,953
    82990 - Other business support service activities not elsewhere classified8358,522
    99999 - Dormant Company5349,474
    96090 - Other service activities not elsewhere classified4429,218
    70229 - Management consultancy activities other than financial management4043,081
    68209 - Other letting and operating of own or leased real estate3711,600
    56302 - Public houses and bars366,355
    56103 - Take-away food shops and mobile food stands368,607
    74909 - Other professional, scientific and technical activities not elsewhere classified3519,098
    56101 - Licensed restaurants328,909
    96020 - Hairdressing and other beauty treatment306,815
    62020 - Information technology consultancy activities2930,825
    43210 - Electrical installation266,139
    68100 - Buying and selling of own real estate257,450
    41202 - Construction of domestic buildings197,797
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating194,256
    09100 - Support activities for petroleum and natural gas extraction191,109
    71129 - Other engineering activities196,278
    43999 - Other specialised construction activities not elsewhere classified189,080
    62012 - Business and domestic software development179,651

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC496700 AUTOHOUSE DUNDEE LTD 03 Feb 2015
    SC496960 HCH EXPRESS LTD 05 Feb 2015
    SC498169 DAG ANTALIA LIMITED 18 Feb 2015
    SC499090 MR P SMITH'S LIMITED 27 Feb 2015
    SC496710 NIKI CUNNINGHAM SCHOOL OF MOTORING LTD 03 Feb 2015
    SC497196 SCOUT FOOTBALL LIMITED 06 Feb 2015
    SC497335 LOCHEE CARS LIMITED 09 Feb 2015
    SC498790 KHALIFA DENT LIMITED 24 Feb 2015
    SC498916 CLAYHILLS ENGINEERING & PCM SERVICES LIMITED 25 Feb 2015
    SC497059 HAIG ESTATES LIMITED 05 Feb 2015
    SC497813 WALDO RETAIL LTD 13 Feb 2015
    SC498507 SMART TOUCH SOLUTIONS LIMITED 20 Feb 2015
    SC496779 RAINBOW SPIDER LTD 04 Feb 2015
    SC497215 THE SHISHA FACTORY LTD. 09 Feb 2015
    SC497552 SELECT FIREPLACE COMPANY LTD. 11 Feb 2015
    SC497692 FINTRY RETAIL LTD 12 Feb 2015
    SC499119 MONO DE GRASA LIMITED 27 Feb 2015
    SC496753 OMW LTD 04 Feb 2015
    SC497092 GMJ JOINERY LIMITED 06 Feb 2015
    SC498179 C & A AUTOMOTIVE LTD 18 Feb 2015
    SC498356 SALTY BARS LTD 19 Feb 2015
    SC498498 CLARITY MORTGAGE SOLUTIONS LIMITED 20 Feb 2015
    SC498796 B LOGUE LTD 24 Feb 2015
    SC498884 ALEXANDER (DUNDEE) LTD 25 Feb 2015
    SC499121 SIMPLY DIRECT WINDOWS & DOORS LTD 27 Feb 2015