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

  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 (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.

    YearFifeUK
    20131,373529,363
    20121,272491,893
    20111,315452,870
    20101,116400,358
    2009918362,675
    Record Year2013 (1,373)2013 (529,363)
    New Companies by Year
  2. 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)FifeUK
    2013647259,931
    2012608238,743
    % change6.4%8.9%
    Record Year2013 (647)2013 (259,931)
    New Companies by Half Year
  3. 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)FifeUK
    2013313127,247
    2012326119,875
    % change-4.0%6.1%
    Record Year 2012 (326) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201313110874
    New companies in 201213310291
    % change-1.5%5.9%-18.7%
    Record Year2012 (133)2010 (111)2011 (97)

Closed Companies (dissolved)

  1. 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.

    YearFifeUK
    2013804332,213
    2012844293,729
    2011726314,524
    2010816342,233
    2009732533,789
    Record Year2012 (844)2009 (533,789)
    Dissolved Companies by Year
  2. 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)FifeUK
    2013429177,021
    2012421145,935
    % change1.9%21.3%
    Record Year2013 (429)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)FifeUK
    201318590,851
    201219970,027
    % change-7.0%29.7%
    Record Year 2011 (237) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013565673
    Closed companies in 2012547768
    % change3.7%-27.3%7%
    Record Year2008 (141)2012 (77)2011 (81)

Net Company Growth

  1. 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.

    YearFifeUK
    2013569197,150
    2012428198,164
    2011589138,346
    201030058,125
    2009186-171,114
    Record Year2011 (589)2007 (237,353)
    Net Growth by Year
  2. 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)FifeUK
    201321882,910
    201218792,808
    Record Year2003 (281)2003 (117,772)
    Net Growth by Half Year
  3. 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)FifeUK
    201312836,396
    201212749,848
    Record Year 2013 (128) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201375521
    Net growth in 2012792523
    Record Year2012 (79)2004 (55)2002 (51)

UK Company Share

  1. 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.

    YearFife
    20130.3%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960)2011 (0.3%)
    Company Share by Year
  2. 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
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    20090.2%
    Record Year (since 1960) 1990 (0.3%)
    Company Share by Half Year
  3. 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
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    20090.3%
    Record Year (since 1960) 2010 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.3%0.3%0.2%
    UK formation share in 20120.3%0.2%0.3%
    % change-8.5%4.1%-26.1%
    Record Year1990 (0.4%)1996 (0.3%)2011 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    LP6.73%CONSULTING5.22%
    CONSULTING1.57%MANAGEMENT4.72%
    MANAGEMENT1.52%CONSULTANCY3.45%
    (SCOTLAND)1.42%PROPERTY2.59%
    FIFE1.42%TRADING2.08%
    PROPERTY1.27%ENGINEERING1.87%
    CONSULTANCY1.21%LONDON1.86%
    ENGINEERING1.16%DESIGN1.76%
    (FIFE)1.11%CONSTRUCTION1.73%
    INSPECTION1.06%CARE1.73%
    TRADING1.01%BUSINESS1.71%
    SCOTLAND0.91%CONSULTANTS1.68%
    GOLF0.76%GLOBAL1.58%
    TRADE0.71%INVESTMENTS1.56%
    ENERGY0.71%PROPERTIES1.54%
    IMPEX0.71%ASSOCIATES1.53%
    CENTRE0.71%J1.51%
    IT0.66%MEDIA1.50%
    CONSTRUCTION0.66%IT1.35%
    CARE0.66%DEVELOPMENTS1.23%
    ANDREWS0.66%M1.23%
    DESIGN0.61%BUILDING1.21%
    DEVELOPMENTS0.61%ELECTRICAL1.20%
    ROOFING0.61%CAPITAL1.19%
    CONSULTANTS0.61%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied879266,814
    82990 - Other business support service activities not elsewhere classified13255,342
    70229 - Management consultancy activities other than financial management9536,164
    74909 - Other professional, scientific and technical activities not elsewhere classified8418,034
    62020 - Information technology consultancy activities6527,183
    99999 - Dormant Company6146,762
    43999 - Other specialised construction activities not elsewhere classified557,823
    96090 - Other service activities not elsewhere classified4026,001
    71129 - Other engineering activities385,158
    56101 - Licensed restaurants297,685
    68209 - Other letting and operating of own or leased real estate278,733
    74990 - Non-trading company2514,223
    56302 - Public houses and bars245,503
    43320 - Joinery installation232,022
    41202 - Construction of domestic buildings226,191
    68100 - Buying and selling of own real estate215,656
    96020 - Hairdressing and other beauty treatment216,000
    43390 - Other building completion and finishing205,405
    62012 - Business and domestic software development209,360
    43210 - Electrical installation205,730

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC463121 GRANT ROAD PROPERTY MANAGEMENT LIMITED 06 Nov 2013
    SC463342 HOME SECURITY (SCOTLAND) LIMITED 08 Nov 2013
    SC463812 MAGIC CARPETS (KIRKCALDY) LIMITED 15 Nov 2013
    SC463905 MADE 2 SHINE LIMITED 18 Nov 2013
    SC464465 ROSE FINE FOODS LTD 25 Nov 2013
    SC463717 MANAGEMENT JOINERY SOLUTIONS LTD. 14 Nov 2013
    SC463891 R & D ENGINEERING (FIFE) LTD 18 Nov 2013
    SC464376 PURVIS STORAGE & DISTRIBUTION LTD 22 Nov 2013
    SC463817 ABERSURE LIMITED 15 Nov 2013
    SC464179 JOHNSTON ASSETS LIMITED 20 Nov 2013
    SC464447 MACGREGOR INSTALLATIONS LIMITED 25 Nov 2013
    SC463704 MARSHAL THE DOGS LIMITED 14 Nov 2013
    SC462812 TOTAL ENERGY ENGINEERING LIMITED 01 Nov 2013
    SC463126 GX CONSULTANCY LTD 06 Nov 2013
    SC463587 INTERDIESEL LTD 12 Nov 2013
    SO304674 FERRO TRADE EUROPE LLP 20 Nov 2013
    SO304679 CROXTON MINING ENGINEERING LLP 22 Nov 2013
    SL014779 TENBY BUSINESS L.P. 22 Nov 2013
    SC464688 JAG IT SOLUTIONS LTD 27 Nov 2013
    SL014840 ENTRY POINT EXCHANGE LP 27 Nov 2013
    SC464781 COSMOLOGIC SOFTWARE LIMITED 28 Nov 2013
    SC463195 DUNFERMLINE PHOTOGRAPHIC SERVICES LIMITED 06 Nov 2013
    SC464844 STANDALANE DEVELOPMENTS LIMITED 29 Nov 2013
    SC462964 ILENTA (2014) LIMITED 04 Nov 2013
    SC463641 LEAF ELECTRICS LIMITED 13 Nov 2013