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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

  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. 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)FifeUK
    2015549161,156
    2014391150,722
    % change40.4%6.9%
    Record Year 2015 (549) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 2015102294153
    New companies in 2014133118140
    % change-23.3%149.2%9.3%
    Record Year2014 (133)2015 (294)2015 (153)

Closed Companies (dissolved)

  1. 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)FifeUK
    201524889,523
    201420182,370
    % change23.4%8.7%
    Record Year 2015 (248) 2009 (108,066)
    Dissolved Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    Closed companies in 20151215869
    Closed companies in 2014784677
    % change55.1%26.1%-10%
    Record Year2015 (121)2010 (62)2012 (77)

Net Company Growth

  1. 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)FifeUK
    201530171,633
    201419068,352
    Record Year 2015 (301) 2007 (111,282)
    Net Growth by Quarter

  2. 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
    JanuaryFebruaryMarch
    Net growth in 2015-1923684
    Net growth in 2014557263
    Record Year2014 (55)2015 (236)2011 (87)

UK Company Share

  1. 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
    20150.3%
    20140.3%
    20130.3%
    20120.3%
    20110.3%
    Record Year (since 1960) 2015 (0.3%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.6%0.3%
    UK formation share in 20140.3%0.2%0.3%
    % change-24.8%129.6%-0.4%
    Record Year2010 (0.3%)2015 (0.6%)2010 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    FIFE2.00%CONSULTING5.23%
    CONSULTING1.64%MANAGEMENT4.56%
    CONSULTANCY1.46%CONSULTANCY3.62%
    MANAGEMENT1.18%PROPERTY2.72%
    ENGINEERING1.00%CONSTRUCTION2.19%
    PROPERTIES0.91%CARE2.13%
    (SCOTLAND)0.91%ENGINEERING2.12%
    SCOTLAND0.82%LONDON1.91%
    CONSULTANTS0.77%TRADING1.88%
    (FIFE)0.77%TRANSPORT1.82%
    INSPECTION0.68%ELECTRICAL1.76%
    BUSINESS0.64%DESIGN1.65%
    ELECTRICAL0.59%PROPERTIES1.63%
    PROPERTY0.55%CO.,1.58%
    DESIGN0.55%J1.55%
    D0.55%CONSULTANTS1.54%
    ENERGY0.50%BUSINESS1.49%
    R0.50%INVESTMENTS1.49%
    M0.50%GLOBAL1.46%
    J0.50%ASSOCIATES1.44%
    INVESTMENTS0.50%DEVELOPMENTS1.36%
    HOME0.46%BUILDING1.31%
    WELDING0.46%IT1.30%
    RED0.41%MEDIA1.28%
    CENTRE0.41%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied890288,953
    82990 - Other business support service activities not elsewhere classified12858,522
    70229 - Management consultancy activities other than financial management11243,081
    74909 - Other professional, scientific and technical activities not elsewhere classified9019,098
    62020 - Information technology consultancy activities7230,825
    99999 - Dormant Company6749,474
    43999 - Other specialised construction activities not elsewhere classified589,080
    96090 - Other service activities not elsewhere classified5329,218
    74990 - Non-trading company4013,794
    71129 - Other engineering activities406,278
    41100 - Development of building projects3211,863
    56103 - Take-away food shops and mobile food stands318,607
    62090 - Other information technology service activities2812,862
    43210 - Electrical installation286,139
    43220 - Plumbing, heat and air-conditioning installation265,331
    68209 - Other letting and operating of own or leased real estate2611,600
    43320 - Joinery installation252,261
    56101 - Licensed restaurants258,909
    71200 - Technical testing and analysis241,162
    71122 - Engineering related scientific and technical consulting activities223,174

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC499549 MM RUSSO HOLDINGS LIMITED 04 Mar 2015
    SC500537 LIKE2CLEAN LTD 16 Mar 2015
    SC501042 YOU SPARKLE LTD 20 Mar 2015
    SC501552 ABERDEEN CONCRETE LTD 25 Mar 2015
    SC501258 MAELSTROM LTD 23 Mar 2015
    SC501885 GARAGE CRAFT BREWERY LIMITED 30 Mar 2015
    SC499175 J N ANDERSON CONSULTANCY LTD 02 Mar 2015
    SC499528 ABERDOUR INNS LTD 04 Mar 2015
    SC499585 LIMITS TECHNOLOGY LTD 04 Mar 2015
    SC499804 GOR- TECH SOLUTIONS LTD 06 Mar 2015
    SC499208 HARKINS SUPERIOR VALETING LTD 02 Mar 2015
    SC499307 MURRAY'S ACCIDENT REPAIR CENTRE LTD 02 Mar 2015
    SC500825 ALI CONTRACTOR LIMITED 18 Mar 2015
    SC499833 RRSNDT LIMITED 06 Mar 2015
    SC500225 AJA(SCOTLAND) LIMITED 11 Mar 2015
    SC501370 TORRIE INNS LTD 24 Mar 2015
    SC501707 SRS RESEARCH LTD 27 Mar 2015
    SC500096 BANINI (2015) LTD. 10 Mar 2015
    SC500239 SRI SPICE LTD 11 Mar 2015
    SC499243 J-PEK LTD 02 Mar 2015
    SC499506 BRIGHT MOVE LETTINGS LIMITED 04 Mar 2015
    SC499614 T D GREER LTD 05 Mar 2015
    SC499637 LEE COTTAGE CHAN LTD 05 Mar 2015
    SC500029 NO 88 CHINESE TAKEAWAY LTD 10 Mar 2015
    SC500142 AJRP LTD 11 Mar 2015

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