Fife
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Fife when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Fife when compared to any previous second half year.
- The second half of 2013 saw a new record in company closures in Fife when compared to any previous second half year.
- The second half of 2013 was a record second half year for company closures in Fife when compared to any half year in history.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Fife when compared to any year in history.
A total of 1,373 companies were formed in Fife in 2013. This total is 7.9% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Fife UK 2013 1,373 529,363 2012 1,272 491,893 2011 1,315 452,870 2010 1,116 400,358 2009 918 362,675 Record Year 2013 (1,373) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Fife when compared to any previous second half year.
In the second half of 2013 a total of 647 companies were formed in Fife. This figure is 6.4% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Fife occurred in 2013 when a total of 647 were formed.
Half Year (Jul-Dec) Fife UK 2013 647 259,931 2012 608 238,743 % change 6.4% 8.9% Record Year 2013 (647) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 313 companies were registered in Fife during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 4.0% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Fife UK 2013 313 127,247 2012 326 119,875 % change -4.0% 6.1% Record Year 2012 (326) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 131 108 74 New companies in 2012 133 102 91 % change -1.5% 5.9% -18.7% Record Year 2012 (133) 2010 (111) 2011 (97)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 804 companies were dissolved in Fife in 2013. This total is 4.7% lower than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Fife UK 2013 804 332,213 2012 844 293,729 2011 726 314,524 2010 816 342,233 2009 732 533,789 Record Year 2012 (844) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company closures in Fife when compared to any previous second half year.
The second half of 2013 was a record second half year for company closures in Fife when compared to any half year in history.
In the second half of 2013 a total of 429 companies were dissolved in Fife. This figure is 1.9% higher than last year, which compares well to the UK wide change of 21.3%.
The highest total for a second half year in Fife occurred in 2013 when a total of 429 were closed.
Half Year (Jul-Dec) Fife UK 2013 429 177,021 2012 421 145,935 % change 1.9% 21.3% Record Year 2013 (429) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 185 companies were dissolved in Fife during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 7.0% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Fife UK 2013 185 90,851 2012 199 70,027 % change -7.0% 29.7% Record Year 2011 (237) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 56 56 73 Closed companies in 2012 54 77 68 % change 3.7% -27.3% 7% Record Year 2008 (141) 2012 (77) 2011 (81)
Net Company Growth
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Annual Data (2013)
A total of 569 companies were added to the company register for Fife in 2013. This number represents growth of 41.4% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 141 companies higher 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 2013 569 197,150 2012 428 198,164 2011 589 138,346 2010 300 58,125 2009 186 -171,114 Record Year 2011 (589) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Fife increased by 218 companies.
Half Year (Jul-Dec) Fife UK 2013 218 82,910 2012 187 92,808 Record Year 2003 (281) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Fife during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 128 companies.
fourth quarter (Oct 2013 - Dec 2013) Fife UK 2013 128 36,396 2012 127 49,848 Record Year 2013 (128) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 75 52 1 Net growth in 2012 79 25 23 Record Year 2012 (79) 2004 (55) 2002 (51)
UK Company Share
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Annual Data (2013)
In 2013 Fife formed 0.3% of all UK companies. This is no change on 2012 when Fife was responsible for 0.3% of all UK companies.
Year Fife 2013 0.3% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 2011 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Fife formed 0.2% of all UK companies. This is less than the 2012 figure of 0.3%.
Half Year (Jul-Dec) Fife 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.2% Record Year (since 1960) 1990 (0.3%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Fife formed 0.2% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Fife 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% 2009 0.3% Record Year (since 1960) 2010 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.3% 0.3% 0.2% UK formation share in 2012 0.3% 0.2% 0.3% % change -8.5% 4.1% -26.1% Record Year 1990 (0.4%) 1996 (0.3%) 2011 (0.3%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 44.3.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 44.1.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 44.4.
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 4.2% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Fife was 1990 when 36.2% of all directors were female.
The percentage of female directors in Fife in 2013 was 29.5%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Fife was 2006 when 32.4% of all directors were female.
27.1% of all director appointments in Fife in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Fife was in 2006 when 34.4% of all directors were female.
24.2% of all director appointments in Fife in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 6.73% CONSULTING 5.22% CONSULTING 1.57% MANAGEMENT 4.72% MANAGEMENT 1.52% CONSULTANCY 3.45% (SCOTLAND) 1.42% PROPERTY 2.59% FIFE 1.42% TRADING 2.08% PROPERTY 1.27% ENGINEERING 1.87% CONSULTANCY 1.21% LONDON 1.86% ENGINEERING 1.16% DESIGN 1.76% (FIFE) 1.11% CONSTRUCTION 1.73% INSPECTION 1.06% CARE 1.73% TRADING 1.01% BUSINESS 1.71% SCOTLAND 0.91% CONSULTANTS 1.68% GOLF 0.76% GLOBAL 1.58% TRADE 0.71% INVESTMENTS 1.56% ENERGY 0.71% PROPERTIES 1.54% IMPEX 0.71% ASSOCIATES 1.53% CENTRE 0.71% J 1.51% IT 0.66% MEDIA 1.50% CONSTRUCTION 0.66% IT 1.35% CARE 0.66% DEVELOPMENTS 1.23% ANDREWS 0.66% M 1.23% DESIGN 0.61% BUILDING 1.21% DEVELOPMENTS 0.61% ELECTRICAL 1.20% ROOFING 0.61% CAPITAL 1.19% CONSULTANTS 0.61% ENERGY 1.14%
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 879 266,814 82990 - Other business support service activities not elsewhere classified 132 55,342 70229 - Management consultancy activities other than financial management 95 36,164 74909 - Other professional, scientific and technical activities not elsewhere classified 84 18,034 62020 - Information technology consultancy activities 65 27,183 99999 - Dormant Company 61 46,762 43999 - Other specialised construction activities not elsewhere classified 55 7,823 96090 - Other service activities not elsewhere classified 40 26,001 71129 - Other engineering activities 38 5,158 56101 - Licensed restaurants 29 7,685 68209 - Other letting and operating of own or leased real estate 27 8,733 74990 - Non-trading company 25 14,223 56302 - Public houses and bars 24 5,503 43320 - Joinery installation 23 2,022 41202 - Construction of domestic buildings 22 6,191 68100 - Buying and selling of own real estate 21 5,656 96020 - Hairdressing and other beauty treatment 21 6,000 43390 - Other building completion and finishing 20 5,405 62012 - Business and domestic software development 20 9,360 43210 - Electrical installation 20 5,730
Recent Companies
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Randomly selected companies from this quarter
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