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
New Company Registrations
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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.
Year Fife UK 2012 1,272 491,893 2011 1,315 452,870 2010 1,116 400,358 2009 918 362,675 2008 871 349,203 Record Year 2011 (1,315) 2012 (491,893) New Companies by Year
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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) Fife UK 2012 608 238,743 2011 597 224,135 % change 1.8% 6.5% Record Year 2012 (608) 2012 (238,743) New Companies by Half Year
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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) Fife UK 2012 326 119,875 2011 307 109,623 % change 6.2% 9.4% Record Year 2012 (326) 2012 (119,875) New Companies by Quarter
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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
October November December New companies in 2012 133 102 91 New companies in 2011 110 100 97 % change 20.9% 2.0% -6.2% Record Year 2012 (133) 2010 (111) 2011 (97)
Closed Companies (dissolved)
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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.
Year Fife UK 2012 844 293,728 2011 726 314,524 2010 816 342,233 2009 732 533,787 2008 449 237,873 Record Year 2012 (844) 2009 (533,787) Dissolved Companies by Year
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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) Fife UK 2012 421 145,934 2011 426 152,213 % change -1.2% -4.1% Record Year 2011 (426) 2009 (244,543) Dissolved Companies by Half Year
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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) Fife UK 2012 199 70,026 2011 237 79,983 % change -16.0% -12.4% Record Year 2011 (237) 2009 (85,139) Dissolved Companies by Quarter
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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
October November December Closed companies in 2012 54 77 68 Closed companies in 2011 82 74 81 % change -34.1% 4.1% -16% Record Year 2008 (141) 2012 (77) 2011 (81)
Net Company Growth
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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.
Year Fife UK 2012 428 198,165 2011 589 138,346 2010 300 58,125 2009 186 -171,112 2008 422 111,330 Record Year 2011 (589) 2003 (242,541) Net Growth by Year
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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) Fife UK 2012 187 92,809 2011 171 71,922 Record Year 2003 (281) 2003 (117,772) Net Growth by Half Year
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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) Fife UK 2012 127 49,849 2011 70 29,640 Record Year 2003 (134) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2012 79 25 23 Net growth in 2011 28 26 16 Record Year 2012 (79) 2004 (55) 2002 (51)
UK Company Share
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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.
Year Fife 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.2% Record Year (since 1960) 1978 (0.3%) Company Share by Year
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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 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.3% Record Year (since 1960) 1966 (0.4%) Company Share by Half Year
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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 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% Record Year (since 1960) 1965 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.3% 0.2% 0.3% UK formation share in 2011 0.3% 0.2% 0.3% % change 1.6% -2.9% -8.7% Record Year 1985 (0.7%) 1989 (0.6%) 1965 (0.8%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 5.48% CONSULTING 5.15% MANAGEMENT 1.83% MANAGEMENT 4.78% TRADING 1.57% CONSULTANCY 3.31% FIFE 1.46% PROPERTY 2.40% (SCOTLAND) 1.25% TRADING 2.03% (FIFE) 1.04% DESIGN 1.86% ENGINEERING 1.04% ASSOCIATES 1.82% CONSULTANCY 0.99% ENGINEERING 1.79% CONSULTING 0.94% BUSINESS 1.76% ANDREWS 0.89% CONSULTANTS 1.75% ASSOCIATES 0.73% CONSTRUCTION 1.69% CONSULTANTS 0.73% LONDON 1.69% SCOTLAND 0.73% MEDIA 1.69% DESIGN 0.73% GLOBAL 1.59% J 0.73% J 1.57% ST 0.68% INVESTMENTS 1.46% PROPERTY 0.68% IT 1.43% ENERGY 0.63% CARE 1.39% INSPECTION 0.63% PROPERTIES 1.34% M 0.63% M 1.26% L.P. 0.63% BUILDING 1.23% S 0.57% ENTERPRISES 1.21% TRADE 0.57% TRAINING 1.18% ENTERPRISES 0.57% ELECTRICAL 1.17% INVESTMENTS 0.57% SECURITY 1.17%
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 836 236,139 82990 - Other business support service activities not elsewhere classified 130 52,427 74909 - Other professional, scientific and technical activities not elsewhere classified 87 15,572 70229 - Management consultancy activities other than financial management 78 30,396 62020 - Information technology consultancy activities 61 23,256 99999 - Dormant Company 53 40,648 7487 - Other business activities 46 10,703 96090 - Other service activities not elsewhere classified 45 22,058 43999 - Other specialised construction activities not elsewhere classified 34 6,419 71129 - Other engineering activities 31 3,763 62090 - Other information technology service activities 24 12,291 41202 - Construction of domestic buildings 23 4,882 68209 - Other letting and operating of own or leased real estate 23 6,971 96020 - Hairdressing and other beauty treatment 22 4,759 43390 - Other building completion and finishing 20 4,882 74990 - Non-trading company 20 13,808 86230 - Dental practice activities 20 2,378 56101 - Licensed restaurants 19 6,400 62012 - Business and domestic software development 18 7,446 32990 - Other manufacturing not elsewhere classified 17 2,834
Recent Companies
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Randomly selected companies from this quarter
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