Fife

2012 Annual Business Confidence Report

Headlines

  • The second half of 2012 saw a new record in company registrations in Fife when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Fife when compared to any previous Q4.
  • October 2012 saw a new record in company registrations in Fife when compared to any previous October.
  • 2012 was a record year for company closures in Fife when compared to any year in history.
  • November 2012 saw a new record in company closures in Fife when compared to any previous November.
  • October 2012 saw a new record in net growth in Fife when compared to any previous October.

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 (2012)

    A total of 1,272 companies were formed in Fife in 2012. This total is 3.3% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearFifeUK
    20121,272491,893
    20111,315452,870
    20101,116400,358
    2009918362,675
    2008871349,203
    Record Year2011 (1,315)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Fife when compared to any previous second half year.

    In the second half of 2012 a total of 608 companies were formed in Fife. This figure is 1.8% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Fife occurred in 2012 when a total of 608 were formed.

    Half Year (Jul-Dec)FifeUK
    2012608238,743
    2011597224,135
    % change1.8%6.5%
    Record Year2012 (608)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Fife when compared to any previous Q4.

    A total of 326 companies were registered in Fife during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 6.2% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)FifeUK
    2012326119,875
    2011307109,623
    % change6.2%9.4%
    Record Year 2012 (326) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company registrations in Fife when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201213310291
    New companies in 201111010097
    % change20.9%2.0%-6.2%
    Record Year2012 (133)2010 (111)2011 (97)

Closed Companies (dissolved)

  1. Annual Data (2012)

    2012 was a record year for company closures in Fife when compared to any year in history.

    A total of 844 companies were dissolved in Fife in 2012. This total is 16.3% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearFifeUK
    2012844293,728
    2011726314,524
    2010816342,233
    2009732533,787
    2008449237,873
    Record Year2012 (844)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 421 companies were dissolved in Fife. This figure is 1.2% lower than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in Fife occurred in 2011 when a total of 426 were closed.

    Half Year (Jul-Dec)FifeUK
    2012421145,934
    2011426152,213
    % change-1.2%-4.1%
    Record Year2011 (426)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 199 companies were dissolved in Fife during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 16.0% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)FifeUK
    201219970,026
    201123779,983
    % change-16.0%-12.4%
    Record Year 2011 (237) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in company closures in Fife when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012547768
    Closed companies in 2011827481
    % change-34.1%4.1%-16%
    Record Year2008 (141)2012 (77)2011 (81)

Net Company Growth

  1. Annual Data (2012)

    A total of 428 companies were added to the company register for Fife in 2012. This number represents growth of 32.5% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 161 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Fife company register grew by 589 companies.

    YearFifeUK
    2012428198,165
    2011589138,346
    201030058,125
    2009186-171,112
    2008422111,330
    Record Year2011 (589)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Fife increased by 187 companies.

    Half Year (Jul-Dec)FifeUK
    201218792,809
    201117171,922
    Record Year2003 (281)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Fife during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 127 companies.

    fourth quarter (Oct 2012 - Dec 2012)FifeUK
    201212749,849
    20117029,640
    Record Year 2003 (134) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in net growth in Fife when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012792523
    Net growth in 2011282616
    Record Year2012 (79)2004 (55)2002 (51)

UK Company Share

  1. Annual Data (2012)

    In 2012 Fife formed 0.3% of all UK companies. This is no change on 2011 when Fife was responsible for 0.3% of all UK companies.

    YearFife
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.2%
    Record Year (since 1960)1978 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Fife formed 0.3% of all UK companies. This is the same as the 2011 figure of 0.3%.

    Half Year (Jul-Dec)Fife
    20120.3%
    20110.3%
    20100.3%
    20090.2%
    20080.3%
    Record Year (since 1960) 1966 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Fife formed 0.3% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Fife
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    20080.3%
    Record Year (since 1960) 1965 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.3%0.2%0.3%
    UK formation share in 20110.3%0.2%0.3%
    % change1.6%-2.9%-8.7%
    Record Year1985 (0.7%)1989 (0.6%)1965 (0.8%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 45.0.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 44.9.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.3%.

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

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 45.0.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Fife was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Fife in 2012 was 31.5%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Fife was 1860 when 42.9% of all directors were female.

    26.3% of all director appointments in Fife in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Fife was in 1977 when 31.2% of all directors were female.

    24.4% of all director appointments in Fife in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    LP5.48%CONSULTING5.15%
    MANAGEMENT1.83%MANAGEMENT4.78%
    TRADING1.57%CONSULTANCY3.31%
    FIFE1.46%PROPERTY2.40%
    (SCOTLAND)1.25%TRADING2.03%
    (FIFE)1.04%DESIGN1.86%
    ENGINEERING1.04%ASSOCIATES1.82%
    CONSULTANCY0.99%ENGINEERING1.79%
    CONSULTING0.94%BUSINESS1.76%
    ANDREWS0.89%CONSULTANTS1.75%
    ASSOCIATES0.73%CONSTRUCTION1.69%
    CONSULTANTS0.73%LONDON1.69%
    SCOTLAND0.73%MEDIA1.69%
    DESIGN0.73%GLOBAL1.59%
    J0.73%J1.57%
    ST0.68%INVESTMENTS1.46%
    PROPERTY0.68%IT1.43%
    ENERGY0.63%CARE1.39%
    INSPECTION0.63%PROPERTIES1.34%
    M0.63%M1.26%
    L.P.0.63%BUILDING1.23%
    S0.57%ENTERPRISES1.21%
    TRADE0.57%TRAINING1.18%
    ENTERPRISES0.57%ELECTRICAL1.17%
    INVESTMENTS0.57%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied836236,139
    82990 - Other business support service activities not elsewhere classified13052,427
    74909 - Other professional, scientific and technical activities not elsewhere classified8715,572
    70229 - Management consultancy activities other than financial management7830,396
    62020 - Information technology consultancy activities6123,256
    99999 - Dormant Company5340,648
    7487 - Other business activities4610,703
    96090 - Other service activities not elsewhere classified4522,058
    43999 - Other specialised construction activities not elsewhere classified346,419
    71129 - Other engineering activities313,763
    62090 - Other information technology service activities2412,291
    41202 - Construction of domestic buildings234,882
    68209 - Other letting and operating of own or leased real estate236,971
    96020 - Hairdressing and other beauty treatment224,759
    43390 - Other building completion and finishing204,882
    74990 - Non-trading company2013,808
    86230 - Dental practice activities202,378
    56101 - Licensed restaurants196,400
    62012 - Business and domestic software development187,446
    32990 - Other manufacturing not elsewhere classified172,834

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC433829 MITCHELL MEMORIALS LIMITED 02 Oct 2012
    SC434827 STYLE PRODUCTION LTD 16 Oct 2012
    SC435083 I-JOBCENTRE LIMITED 19 Oct 2012
    SC435563 CYCLESPOT LIMITED 26 Oct 2012
    SO304100 INVERCAP LLP 03 Oct 2012
    SC433764 PAINT-IN-SPEC LIMITED 01 Oct 2012
    SC434936 JOHN MACDONALD (CMCR) LIMITED 17 Oct 2012
    SC435402 BSPK LIMITED 24 Oct 2012
    SC433759 GRAFIXATION LIMITED 01 Oct 2012
    SC433855 JUBILEE REFINERY LTD 02 Oct 2012
    SC435748 ROBERT MORAN JOINERY & BUILDING SERVICES MANAGEMENT LTD 30 Oct 2012
    SC434441 FIFELEDCENTRE LIMITED 10 Oct 2012
    SC434238 LEARNING EVERYDAY LTD 08 Oct 2012
    SC434614 TEKITOOLS LIMITED 12 Oct 2012
    SL011413 BALFRONT SERVICES LP 01 Oct 2012
    SL011418 ANFIELD IMPEX LP 01 Oct 2012
    SL011481 LOMAX BUSINESS INVESTMENTS LP 12 Oct 2012
    SL011483 INVESTMENT DELIVERY CORPORATION LP 12 Oct 2012
    SL011484 HANNAN CORPORATION LP 12 Oct 2012
    SL011577 EDINBURGH TRADING CORPORATION LP 23 Oct 2012
    SC433684 IAN AVERILL LAW ACCOUNTANTS LIMITED 01 Oct 2012
    SC435052 GT9484 LIMITED 18 Oct 2012
    SC435125 SIMPLY GOLF TOURS LIMITED 19 Oct 2012
    SC435205 BLYTH ENGINEERS LIMITED 22 Oct 2012
    SC433857 DALGETY BAY SAILING CLUB LIMITED 02 Oct 2012