Glenrothes, Fife

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company closures in Glenrothes when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company closures in Glenrothes when compared to any half year in history.
  • December 2010 saw a new record in company closures in Glenrothes when compared to any previous December.

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 (2010)

    A total of 88 companies were formed in Glenrothes in 2010. This total is 13.7% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearGlenrothesUK
    201088400,358
    2009102362,675
    2008105349,203
    2007104457,649
    200681405,440
    Record Year2008 (105)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 40 companies were formed in Glenrothes. This figure is 2.4% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Glenrothes occurred in 2008 when a total of 52 were formed.

    Half Year (Jul-Dec)GlenrothesUK
    201040196,609
    200941180,654
    % change-2.4%8.8%
    Record Year2008 (52)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 18 companies were registered in Glenrothes during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 5.9% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GlenrothesUK
    20101895,117
    20091785,983
    % change5.9%10.6%
    Record Year 2003 (28) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20105103
    New companies in 2009377
    % change66.7%42.9%-57.1%
    Record Year2003 (14)2008 (12)2002 (9)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 83 companies were dissolved in Glenrothes in 2010. This total is 0.0% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearGlenrothesUK
    201083342,232
    200983533,773
    200857237,901
    200742220,295
    200650200,166
    Record Year2009 (83)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Glenrothes when compared to any previous second half year.

    The second half of 2010 was a record second half year for company closures in Glenrothes when compared to any half year in history.

    In the second half of 2010 a total of 51 companies were dissolved in Glenrothes. This figure is 41.7% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Glenrothes occurred in 2010 when a total of 51 were closed.

    Half Year (Jul-Dec)GlenrothesUK
    201051164,601
    200936244,537
    % change41.7%-32.7%
    Record Year2010 (51)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 25 companies were dissolved in Glenrothes during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 0.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GlenrothesUK
    20102576,896
    20092585,136
    % change0.0%-9.7%
    Record Year 2008 (26) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company closures in Glenrothes when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20101159
    Closed companies in 20095137
    % change120.0%-61.5%29%
    Record Year2008 (19)2009 (13)2010 (9)

Net Company Growth

  1. Annual Data (2010)

    A total of 5 companies were added to the company register for Glenrothes in 2010. This number represents growth of 4.9% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 14 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Glenrothes company register grew by 62 companies.

    YearGlenrothesUK
    2010558,126
    200919-171,098
    200848111,302
    200762237,354
    200631205,274
    Record Year2007 (62)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Glenrothes decreased by 11 companies.

    Half Year (Jul-Dec)GlenrothesUK
    2010-1132,008
    20095-63,883
    Record Year2002 (30)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Glenrothes during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -7 companies.

    fourth quarter (Oct 2010 - Dec 2010)GlenrothesUK
    2010-718,221
    2009-8847
    Record Year 2002 (17) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-65-6
    Net growth in 2009-2-60
    Record Year2003 (10)1998 (8)2002 (8)

UK Company Share

  1. Annual Data (2010)

    In 2010 Glenrothes formed 0.0% of all UK companies. This is no change on 2009 when Glenrothes was responsible for 0.0% of all UK companies.

    YearGlenrothes
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1980 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Glenrothes formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Glenrothes
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1979 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Glenrothes formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Glenrothes
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1976 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.0%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change46.1%27.6%-59.0%
    Record Year1985 (0.2%)1965 (0.2%)1979 (0.3%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 47.3.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 8.6% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 48.1.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 16.4% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 51.8.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 24.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Glenrothes was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Glenrothes in 2010 was 34.8%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Glenrothes was 1860 when 42.9% of all directors were female.

    32.9% of all director appointments in Glenrothes in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Glenrothes was in 1977 when 31.1% of all directors were female.

    41.9% of all director appointments in Glenrothes in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    (SCOTLAND)2.76%CONSULTING5.06%
    KINGDOM2.21%MANAGEMENT5.01%
    FIFE2.21%CONSULTANCY3.14%
    CENTRE1.66%PROPERTY2.36%
    IN1.66%TRADING2.11%
    PROPERTY1.66%ASSOCIATES1.95%
    CARE1.10%DESIGN1.92%
    DEVELOPMENTS1.10%BUSINESS1.82%
    HAIR1.10%CONSTRUCTION1.82%
    JOINERY1.10%CONSULTANTS1.76%
    RECYCLING1.10%MEDIA1.71%
    (FIFE)1.10%ENGINEERING1.62%
    ST1.10%LONDON1.60%
    PROPERTIES1.10%CARE1.45%
    FIRE0.55%INVESTMENTS1.44%
    FLOOD0.55%GLOBAL1.43%
    CHRISTMAS0.55%J1.42%
    PH.SOLUTIONS0.55%IT1.41%
    GLASS0.55%PROPERTIES1.34%
    REMUS0.55%INTERNATIONAL1.34%
    TEL0.55%BUILDING1.34%
    COMPLETECARE0.55%M1.30%
    DOVE0.55%ELECTRICAL1.25%
    FASTRAX0.55%SYSTEMS1.24%
    INC0.55%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied44199,572
    43999 - Other specialised construction activities not elsewhere classified112,854
    7487 - Other business activities1163,348
    82990 - Other business support service activities not elsewhere classified727,550
    4521 - General construction & civil engineering66,598
    4525 - Other special trades construction51,811
    7260 - Other computer related activities48,089
    9999 - Dormant Company420,144
    99999 - Dormant Company316,285
    43210 - Electrical installation32,980
    4542 - Joinery installation3956
    9305 - Other service activities38,858
    7414 - Business & management consultancy313,474
    49410 - Freight transport by road32,008
    70229 - Management consultancy activities other than financial management314,505
    74909 - Other professional, scientific and technical activities not elsewhere classified37,088
    7020 - Letting of own property21,427
    47910 - Retail sale via mail order houses or via Internet21,849
    6420 - Telecommunications21,299
    4534 - Other building installation22,357

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SO303110 WEDDERSBIE FARM LLP 22 Nov 2010
    SC388453 CHINA-UK CULTURE & EDUCATION EXCHANGE CENTRE LTD 09 Nov 2010
    SC388672 NICKIRIAN CARE LIMITED 11 Nov 2010
    SC389430 FLOWGUARD LIMITED 24 Nov 2010
    SC389467 ROSCOE JENKINS HAIR HEALTH AND BEAUTY LIMITED 25 Nov 2010
    SC389468 VRJJ PROPERTIES LIMITED 25 Nov 2010
    SC389624 FUTURE BRIGHT LTD 29 Nov 2010
    SC388283 BIKERS BOUTIQUE LIMITED 05 Nov 2010
    SC388523 GSJ FAB LTD 09 Nov 2010
    SC389032 A10 RETAIL LTD 17 Nov 2010

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