Fife
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Fife when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Fife when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Fife when compared to any previous March.
- February 2015 saw a new record in company registrations in Fife when compared to any previous February.
- February 2015 was a record month for company registrations in Fife when compared to any month in history.
- January 2015 saw a new record in company closures in Fife when compared to any previous January.
- February 2015 saw a new record in net growth in Fife when compared to any previous February.
- February 2015 was a record month for net growth in Fife when compared to any month in history.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Fife when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Fife when compared to any quarter in history.
A total of 549 companies were registered in Fife during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 40.4% versus the same period last year (Q1 2014). This figure compares well 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) Fife UK 2015 549 161,156 2014 391 150,722 % change 40.4% 6.9% Record Year 2015 (549) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Fife when compared to any previous March.
February 2015 saw a new record in company registrations in Fife when compared to any previous February.
February 2015 was a record month for company registrations in Fife when compared to any month in history.
New Companies by Month
January February March New companies in 2015 102 294 153 New companies in 2014 133 118 140 % change -23.3% 149.2% 9.3% Record Year 2014 (133) 2015 (294) 2015 (153)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 248 companies were dissolved in Fife during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 23.4% 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) Fife UK 2015 248 89,523 2014 201 82,370 % change 23.4% 8.7% Record Year 2015 (248) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
January 2015 saw a new record in company closures in Fife when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2015 121 58 69 Closed companies in 2014 78 46 77 % change 55.1% 26.1% -10% Record Year 2015 (121) 2010 (62) 2012 (77)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Fife during the first quarter of 2015 (Jan 2015 - Mar 2015) was 301 companies.
first quarter (Jan 2015 - Mar 2015) Fife UK 2015 301 71,633 2014 190 68,352 Record Year 2015 (301) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in net growth in Fife when compared to any previous February.
February 2015 was a record month for net growth in Fife when compared to any month in history.
Net Growth by Month
January February March Net growth in 2015 -19 236 84 Net growth in 2014 55 72 63 Record Year 2014 (55) 2015 (236) 2011 (87)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Fife formed 0.3% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Fife 2015 0.3% 2014 0.3% 2013 0.3% 2012 0.3% 2011 0.3% Record Year (since 1960) 2015 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.6% 0.3% UK formation share in 2014 0.3% 0.2% 0.3% % change -24.8% 129.6% -0.4% Record Year 2010 (0.3%) 2015 (0.6%) 2010 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 42.5.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Fife was in 2008 when 39.9% of all directors were female.
25.8% of all director appointments in Fife 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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage FIFE 2.00% CONSULTING 5.23% CONSULTING 1.64% MANAGEMENT 4.56% CONSULTANCY 1.46% CONSULTANCY 3.62% MANAGEMENT 1.18% PROPERTY 2.72% ENGINEERING 1.00% CONSTRUCTION 2.19% PROPERTIES 0.91% CARE 2.13% (SCOTLAND) 0.91% ENGINEERING 2.12% SCOTLAND 0.82% LONDON 1.91% CONSULTANTS 0.77% TRADING 1.88% (FIFE) 0.77% TRANSPORT 1.82% INSPECTION 0.68% ELECTRICAL 1.76% BUSINESS 0.64% DESIGN 1.65% ELECTRICAL 0.59% PROPERTIES 1.63% PROPERTY 0.55% CO., 1.58% DESIGN 0.55% J 1.55% D 0.55% CONSULTANTS 1.54% ENERGY 0.50% BUSINESS 1.49% R 0.50% INVESTMENTS 1.49% M 0.50% GLOBAL 1.46% J 0.50% ASSOCIATES 1.44% INVESTMENTS 0.50% DEVELOPMENTS 1.36% HOME 0.46% BUILDING 1.31% WELDING 0.46% IT 1.30% RED 0.41% MEDIA 1.28% CENTRE 0.41% M 1.27%
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 890 288,953 82990 - Other business support service activities not elsewhere classified 128 58,522 70229 - Management consultancy activities other than financial management 112 43,081 74909 - Other professional, scientific and technical activities not elsewhere classified 90 19,098 62020 - Information technology consultancy activities 72 30,825 99999 - Dormant Company 67 49,474 43999 - Other specialised construction activities not elsewhere classified 58 9,080 96090 - Other service activities not elsewhere classified 53 29,218 74990 - Non-trading company 40 13,794 71129 - Other engineering activities 40 6,278 41100 - Development of building projects 32 11,863 56103 - Take-away food shops and mobile food stands 31 8,607 62090 - Other information technology service activities 28 12,862 43210 - Electrical installation 28 6,139 43220 - Plumbing, heat and air-conditioning installation 26 5,331 68209 - Other letting and operating of own or leased real estate 26 11,600 43320 - Joinery installation 25 2,261 56101 - Licensed restaurants 25 8,909 71200 - Technical testing and analysis 24 1,162 71122 - Engineering related scientific and technical consulting activities 22 3,174
Recent Companies
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Randomly selected companies from this quarter
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