Gwynedd
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Gwynedd when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Gwynedd when compared to any previous second half year.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Gwynedd when compared to any year in history.
A total of 414 companies were formed in Gwynedd in 2014. This total is 19.7% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Gwynedd UK 2014 414 582,051 2013 346 529,363 2012 335 491,893 2011 332 452,870 2010 296 400,358 Record Year 2014 (414) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Gwynedd when compared to any previous second half year.
In the second half of 2014 a total of 193 companies were formed in Gwynedd. This figure is 10.9% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Gwynedd occurred in 2014 when a total of 193 were formed.
Half Year (Jul-Dec) Gwynedd UK 2014 193 281,320 2013 174 259,931 % change 10.9% 8.2% Record Year 2014 (193) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 93 companies were registered in Gwynedd during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 12.0% versus the same period last year (Q4 2013). This figure compares equally 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) Gwynedd UK 2014 93 137,906 2013 83 127,247 % change 12.0% 8.4% Record Year 2011 (94) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 36 32 25 New companies in 2013 34 24 25 % change 5.9% 33.3% 0.0% Record Year 2008 (38) 2011 (37) 2011 (27)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 237 companies were dissolved in Gwynedd in 2014. This total is 15.0% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Gwynedd UK 2014 237 367,937 2013 206 332,213 2012 191 293,729 2011 211 314,524 2010 233 342,233 Record Year 2009 (278) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 121 companies were dissolved in Gwynedd. This figure is 8.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Gwynedd occurred in 2009 when a total of 145 were closed.
Half Year (Jul-Dec) Gwynedd UK 2014 121 190,730 2013 112 177,021 % change 8.0% 7.7% Record Year 2009 (145) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 48 companies were dissolved in Gwynedd during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 9.1% 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) Gwynedd UK 2014 48 89,060 2013 44 90,851 % change 9.1% -2.0% Record Year 2009 (65) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 16 9 23 Closed companies in 2013 16 7 21 % change 0.0% 28.6% 10% Record Year 2012 (19) 2010 (26) 2009 (27)
Net Company Growth
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Annual Data (2014)
A total of 177 companies were added to the company register for Gwynedd in 2014. This number represents growth of 42.8% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 37 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Gwynedd company register grew by 206 companies.
Year Gwynedd UK 2014 177 214,114 2013 140 197,150 2012 144 198,164 2011 121 138,346 2010 63 58,125 Record Year 2007 (206) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Gwynedd increased by 72 companies.
Half Year (Jul-Dec) Gwynedd UK 2014 72 90,590 2013 62 82,910 Record Year 2003 (123) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Gwynedd during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 45 companies.
fourth quarter (Oct 2014 - Dec 2014) Gwynedd UK 2014 45 48,846 2013 39 36,396 Record Year 2011 (48) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 20 23 2 Net growth in 2013 18 17 4 Record Year 2008 (34) 2003 (27) 2002 (20)
UK Company Share
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Annual Data (2014)
In 2014 Gwynedd formed 0.1% of all UK companies. This is no change on 2013 when Gwynedd was responsible for 0.1% of all UK companies.
Year Gwynedd 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2008 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Gwynedd formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Gwynedd 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Gwynedd formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Gwynedd 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 0.7% 26.6% -14.4% Record Year 2008 (0.1%) 1992 (0.2%) 1991 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 46.0.
The percentage of directors under the age of 25 was 7.7% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 46.7.
The percentage of directors under the age of 25 was 9.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 46.7.
The percentage of directors under the age of 25 was 10.6% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Gwynedd was 2004 when 33.6% of all directors were female.
The percentage of female directors in Gwynedd in 2014 was 27.6%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Gwynedd was 2008 when 30.4% of all directors were female.
27.5% of all director appointments in Gwynedd 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
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Gwynedd was in 2008 when 34.1% of all directors were female.
28.8% of all director appointments in Gwynedd 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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CYF 4.51% CONSULTING 5.22% WALES 1.29% MANAGEMENT 4.58% Y 1.16% CONSULTANCY 3.57% NORTH 1.16% PROPERTY 2.66% CONSTRUCTION 1.03% CONSTRUCTION 2.12% JONES 0.77% ENGINEERING 2.10% TRAINING 0.77% CARE 2.02% G 0.77% TRADING 1.94% DEVELOPMENTS 0.77% LONDON 1.93% HOUSE 0.77% TRANSPORT 1.93% GWYNEDD 0.77% DESIGN 1.66% ENGINEERING 0.77% CONSULTANTS 1.64% FARM 0.77% ELECTRICAL 1.62% SNOWDONIA 0.64% PROPERTIES 1.62% (WALES) 0.64% BUSINESS 1.56% HYDRO 0.64% J 1.54% SOLARFIELD 0.64% CO., 1.50% NEW 0.52% GLOBAL 1.49% BOURNEMOUTH 0.52% INVESTMENTS 1.48% BANGOR 0.52% ASSOCIATES 1.47% CYF. 0.52% DEVELOPMENTS 1.35% MEDIA 0.52% MEDIA 1.33% GREEN 0.52% IT 1.31% OWEN 0.52% BUILDING 1.29% ELECTRICAL 0.52% M 1.22%
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 131 265,608 99999 - Dormant Company 38 48,509 82990 - Other business support service activities not elsewhere classified 19 58,068 74909 - Other professional, scientific and technical activities not elsewhere classified 17 19,049 41100 - Development of building projects 14 11,397 96090 - Other service activities not elsewhere classified 13 29,009 56102 - Unlicensed restaurants and cafes 12 4,745 68209 - Other letting and operating of own or leased real estate 11 11,212 70229 - Management consultancy activities other than financial management 11 42,290 43999 - Other specialised construction activities not elsewhere classified 11 8,761 56101 - Licensed restaurants 10 8,782 43210 - Electrical installation 10 5,985 43220 - Plumbing, heat and air-conditioning installation 10 5,189 71129 - Other engineering activities 9 6,132 62090 - Other information technology service activities 8 12,837 42990 - Construction of other civil engineering projects not elsewhere classified 7 2,701 55209 - Other holiday and other collective accommodation 7 486 55100 - Hotels and similar accommodation 7 1,774 96020 - Hairdressing and other beauty treatment 7 6,742 56302 - Public houses and bars 7 6,285
Recent Companies
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Randomly selected companies from this quarter
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