Glenrothes, Fife

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Glenrothes when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Glenrothes when compared to any previous second half year.

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 (2014)

    2014 was a record year for company registrations in Glenrothes when compared to any year in history.

    A total of 153 companies were formed in Glenrothes in 2014. This total is 2.0% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearGlenrothesUK
    2014153582,051
    2013150529,363
    2012104491,893
    2011103452,870
    201088400,358
    Record Year2014 (153)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 67 companies were formed in Glenrothes. This figure is 8.2% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Glenrothes occurred in 2013 when a total of 73 were formed.

    Half Year (Jul-Dec)GlenrothesUK
    201467281,320
    201373259,931
    % change-8.2%8.2%
    Record Year2013 (73)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 28 companies were registered in Glenrothes during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 22.2% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)GlenrothesUK
    201428137,906
    201336127,247
    % change-22.2%8.4%
    Record Year 2013 (36) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201411107
    New companies in 201310188
    % change10.0%-44.4%-12.5%
    Record Year2012 (14)2013 (18)2002 (9)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 97 companies were dissolved in Glenrothes in 2014. This total is 12.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearGlenrothesUK
    201497367,937
    201386332,213
    2012104293,729
    201179314,524
    201083342,233
    Record Year2012 (104)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Glenrothes when compared to any previous second half year.

    In the second half of 2014 a total of 56 companies were dissolved in Glenrothes. This figure is 24.4% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Glenrothes occurred in 2014 when a total of 56 were closed.

    Half Year (Jul-Dec)GlenrothesUK
    201456190,730
    201345177,021
    % change24.4%7.7%
    Record Year2014 (56)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 28 companies were dissolved in Glenrothes during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 16.7% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)GlenrothesUK
    20142889,060
    20132490,851
    % change16.7%-2.0%
    Record Year 2011 (32) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20141486
    Closed companies in 20135811
    % change180.0%0.0%-45%
    Record Year2008 (19)2009 (13)2013 (11)

Net Company Growth

  1. Annual Data (2014)

    A total of 56 companies were added to the company register for Glenrothes in 2014. This number represents growth of 36.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 8 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Glenrothes company register grew by 64 companies.

    YearGlenrothesUK
    201456214,114
    201364197,150
    20120198,164
    201124138,346
    2010558,125
    Record Year2013 (64)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Glenrothes increased by 11 companies.

    Half Year (Jul-Dec)GlenrothesUK
    20141190,590
    20132882,910
    Record Year2002 (30)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Glenrothes during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 0 companies.

    fourth quarter (Oct 2014 - Dec 2014)GlenrothesUK
    2014048,846
    20131236,396
    Record Year 2013 (12) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014-321
    Net growth in 2013510-3
    Record Year2003 (10)2013 (10)2002 (8)

UK Company Share

  1. Annual Data (2014)

    In 2014 Glenrothes formed 0.0% of all UK companies. This is no change on 2013 when Glenrothes was responsible for 0.0% of all UK companies.

    YearGlenrothes
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1991 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Glenrothes formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Glenrothes
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1991 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Glenrothes formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Glenrothes
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1993 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change4.5%-47.4%-25.1%
    Record Year1993 (0.1%)1991 (0.1%)1989 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.7.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 46.9.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 48.3.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 1.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Glenrothes was 1992 when 55.6% of all directors were female.

    The percentage of female directors in Glenrothes in 2014 was 33.8%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Glenrothes was 2005 when 33.8% of all directors were female.

    32.4% of all director appointments in Glenrothes in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Glenrothes was in 2011 when 31.6% of all directors were female.

    30.2% of all director appointments in Glenrothes in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    FIFE2.33%CONSULTING5.22%
    ENGINEERING1.66%MANAGEMENT4.58%
    SCOTLAND1.33%CONSULTANCY3.57%
    DEVELOPMENTS1.33%PROPERTY2.66%
    CONSTRUCTION1.33%CONSTRUCTION2.12%
    MANAGEMENT1.33%ENGINEERING2.10%
    ENERGY1.33%CARE2.02%
    MEDIA1.00%TRADING1.94%
    (SCOTLAND)1.00%LONDON1.93%
    BUILDING1.00%TRANSPORT1.93%
    (FIFE)1.00%DESIGN1.66%
    R1.00%CONSULTANTS1.64%
    J1.00%ELECTRICAL1.62%
    ROAD1.00%PROPERTIES1.62%
    NEWTON0.66%BUSINESS1.56%
    SURVEYS0.66%J1.54%
    DRAUGHTING0.66%CO.,1.50%
    STEEL0.66%GLOBAL1.49%
    HOUSE0.66%INVESTMENTS1.48%
    CONTRACTS0.66%ASSOCIATES1.47%
    JOINERY0.66%DEVELOPMENTS1.35%
    IT0.66%MEDIA1.33%
    CHALMERS0.66%IT1.31%
    M0.66%BUILDING1.29%
    CAR0.66%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied55265,608
    71129 - Other engineering activities156,132
    74990 - Non-trading company1313,984
    43999 - Other specialised construction activities not elsewhere classified88,761
    74909 - Other professional, scientific and technical activities not elsewhere classified719,049
    71200 - Technical testing and analysis71,132
    70229 - Management consultancy activities other than financial management742,290
    82990 - Other business support service activities not elsewhere classified758,068
    71111 - Architectural activities62,830
    99999 - Dormant Company648,509
    62020 - Information technology consultancy activities630,178
    56102 - Unlicensed restaurants and cafes54,745
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating44,167
    32990 - Other manufacturing not elsewhere classified43,533
    56103 - Take-away food shops and mobile food stands38,318
    43210 - Electrical installation35,985
    43120 - Site preparation3530
    96090 - Other service activities not elsewhere classified329,009
    47190 - Other retail sale in non-specialised stores33,802
    96020 - Hairdressing and other beauty treatment26,742

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC492404 EX-SPEC LTD 01 Dec 2014
    SC492628 JACK VETTRIANO PUBLISHING LIMITED 03 Dec 2014
    SC493349 SAFEGUARD SAFETY SERVICES LTD 12 Dec 2014
    SC493529 FIFE ALL TRADES LIMITED 16 Dec 2014
    SC493717 BBR CONTRACTS LIMITED 18 Dec 2014
    SC493722 CRAIGSCO LIMITED 19 Dec 2014
    SC493770 SOLICITORS HELP OUT LIMITED 19 Dec 2014

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