Inverurie, Aberdeenshire

2010 Annual Business Confidence Report

Headlines

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

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 122 companies were formed in Inverurie in 2010. This total is 24.5% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearInverurieUK
    2010122400,358
    200998362,675
    2008149349,203
    2007158457,649
    2006112405,440
    Record Year2007 (158)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 56 companies were formed in Inverurie. This figure is 24.4% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Inverurie occurred in 2003 when a total of 70 were formed.

    Half Year (Jul-Dec)InverurieUK
    201056196,609
    200945180,654
    % change24.4%8.8%
    Record Year2003 (70)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 30 companies were registered in Inverurie during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 57.9% versus the same period last year (Q4 2009). This figure compares well 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)InverurieUK
    20103095,117
    20091985,983
    % change57.9%10.6%
    Record Year 2002 (39) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20108148
    New companies in 2009775
    % change14.3%100.0%60.0%
    Record Year2008 (14)2003 (18)2002 (12)

Closed Companies (dissolved)

  1. Annual Data (2010)

    2010 was a record year for company closures in Inverurie when compared to any year in history.

    A total of 97 companies were dissolved in Inverurie in 2010. This total is 16.9% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearInverurieUK
    201097342,232
    200983533,773
    200851237,901
    200742220,295
    200643200,166
    Record Year2010 (97)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 Inverurie when compared to any previous second half year.

    In the second half of 2010 a total of 47 companies were dissolved in Inverurie. This figure is 56.7% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Inverurie occurred in 2010 when a total of 47 were closed.

    Half Year (Jul-Dec)InverurieUK
    201047164,601
    200930244,537
    % change56.7%-32.7%
    Record Year2010 (47)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 21 companies were dissolved in Inverurie during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 110.0% 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)InverurieUK
    20102176,896
    20091085,136
    % change110.0%-9.7%
    Record Year 2008 (23) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    November 2010 saw a new record in company closures in Inverurie when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20101146
    Closed companies in 2009343
    % change266.7%0.0%100%
    Record Year2008 (20)2010 (4)2010 (6)

Net Company Growth

  1. Annual Data (2010)

    A total of 25 companies were added to the company register for Inverurie in 2010. This number represents growth of 25.5% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 10 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Inverurie company register grew by 119 companies.

    YearInverurieUK
    20102558,126
    200915-171,098
    200898111,302
    2007116237,354
    200669205,274
    Record Year2003 (119)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Inverurie increased by 9 companies.

    Half Year (Jul-Dec)InverurieUK
    2010932,008
    200915-63,883
    Record Year2003 (56)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Inverurie during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 9 companies.

    fourth quarter (Oct 2010 - Dec 2010)InverurieUK
    2010918,221
    20099847
    Record Year 2002 (30) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-3102
    Net growth in 2009432
    Record Year2003 (9)2003 (16)2002 (10)

UK Company Share

  1. Annual Data (2010)

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

    YearInverurie
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1990 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

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

    Half Year (Jul-Dec)Inverurie
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Inverurie
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1990 (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%
    % change0.0%78.9%52.1%
    Record Year1980 (0.1%)1970 (0.2%)1976 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 45.0.

    The percentage of directors under the age of 25 was 1.2% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.1% 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 44.2.

    The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.3% 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 44.0.

    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 3.7% 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 Inverurie was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Inverurie in 2010 was 35.4%. 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 Inverurie was 1860 when 42.9% of all directors were female.

    32.7% of all director appointments in Inverurie 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 Inverurie was in 1977 when 31.1% of all directors were female.

    38.8% of all director appointments in Inverurie 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
    ENGINEERING2.60%CONSULTING5.06%
    CONSULTANCY2.16%MANAGEMENT5.01%
    S1.30%CONSULTANCY3.14%
    (SCOTLAND)1.30%PROPERTY2.36%
    J1.30%TRADING2.11%
    SAFETY1.30%ASSOCIATES1.95%
    LAING0.87%DESIGN1.92%
    PROPERTIES0.87%BUSINESS1.82%
    GARIOCH0.87%CONSTRUCTION1.82%
    ENERGY0.87%CONSULTANTS1.76%
    NORTH0.87%MEDIA1.71%
    ELECTRICAL0.87%ENGINEERING1.62%
    TRAINING0.87%LONDON1.60%
    OFFSHORE0.87%CARE1.45%
    ENTERPRISES0.87%INVESTMENTS1.44%
    TRADITIONAL0.87%GLOBAL1.43%
    LEGAL0.87%J1.42%
    PLANNING0.87%IT1.41%
    INSPECTION0.87%PROPERTIES1.34%
    OILFIELD0.87%INTERNATIONAL1.34%
    CONSULTING0.87%BUILDING1.34%
    MASONRY0.87%M1.30%
    PROJECT0.43%ELECTRICAL1.25%
    (KINTORE)0.43%SYSTEMS1.24%
    GIRAFFE0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied41199,572
    7487 - Other business activities2863,348
    82990 - Other business support service activities not elsewhere classified2227,550
    74909 - Other professional, scientific and technical activities not elsewhere classified127,088
    70229 - Management consultancy activities other than financial management914,505
    9999 - Dormant Company920,144
    71129 - Other engineering activities71,513
    71121 - Engineering design activities for industrial process and production6361
    96090 - Other service activities not elsewhere classified58,799
    7414 - Business & management consultancy513,474
    4531 - Installation electrical wiring etc.42,170
    71122 - Engineering related scientific and technical consulting activities3673
    4525 - Other special trades construction31,811
    06100 - Extraction of crude petroleum3185
    7420 - Architectural, technical consult31,848
    62090 - Other information technology service activities26,330
    09100 - Support activities for petroleum and natural gas extraction2306
    5530 - Restaurants24,939
    9305 - Other service activities28,858
    47910 - Retail sale via mail order houses or via Internet21,849

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC387933 GARIOCH OFFSHORE SERVICES LTD 01 Nov 2010
    SC387967 GM GARAGE SERVICES LTD. 01 Nov 2010
    SC388253 STRATHDALE CONSULTANTS LTD 04 Nov 2010
    SC388258 TOOLBOXONLINE LTD 04 Nov 2010
    SC388266 NICKY JENKINS SOLUTIONS LIMITED 04 Nov 2010
    SC388367 OLA OILS LIMITED 08 Nov 2010
    SC388372 MELDRUM KIDS' KLUB 08 Nov 2010
    SC388731 NEWTEX ENGINEERING LIMITED 12 Nov 2010
    SC388757 BAXTERS ENGINEERING LIMITED 12 Nov 2010
    SC388828 NORTH SEE MEDIA LIMITED 15 Nov 2010
    SC388831 WELLMAR RESOURCES LIMITED 15 Nov 2010
    SC388936 JYT SERVICES LIMITED 16 Nov 2010
    SC389071 LEGAL RENEWABLES LIMITED 18 Nov 2010
    SC389105 SHAW ENG LIMITED 18 Nov 2010

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