Inverurie, Aberdeenshire
2011 Annual Business Confidence Report
Headlines
- The second half of 2011 saw a new record in company registrations in Inverurie when compared to any previous second half year.
- December 2011 saw a new record in company registrations in Inverurie when compared to any previous December.
- The second half of 2011 saw a new record in company closures in Inverurie when compared to any previous second half year.
- The second half of 2011 was a record second half year for company closures in Inverurie when compared to any half year in history.
- Q4 2011 saw a new record in company closures in Inverurie when compared to any previous Q4.
- Q4 2011 was a record quarter for company closures in Inverurie when compared to any quarter in history.
- December 2011 saw a new record in company closures in Inverurie when compared to any previous December.
- November 2011 saw a new record in company closures in Inverurie when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
A total of 156 companies were formed in Inverurie in 2011. This total is 27.9% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Inverurie UK 2011 156 452,870 2010 122 400,358 2009 98 362,675 2008 149 349,203 2007 158 457,649 Record Year 2003 (158) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company registrations in Inverurie when compared to any previous second half year.
In the second half of 2011 a total of 73 companies were formed in Inverurie. This figure is 30.4% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Inverurie occurred in 2011 when a total of 73 were formed.
Half Year (Jul-Dec) Inverurie UK 2011 73 224,135 2010 56 196,609 % change 30.4% 14.0% Record Year 2011 (73) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 35 companies were registered in Inverurie during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 16.7% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Inverurie UK 2011 35 109,623 2010 30 95,117 % change 16.7% 15.3% Record Year 2002 (39) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company registrations in Inverurie when compared to any previous December.
New Companies by Month
October November December New companies in 2011 11 10 14 New companies in 2010 8 14 8 % change 37.5% -28.6% 75.0% Record Year 2008 (14) 2003 (18) 2011 (14)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 87 companies were dissolved in Inverurie in 2011. This total is 10.3% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Inverurie UK 2011 87 314,523 2010 97 342,232 2009 83 533,773 2008 51 237,901 2007 42 220,295 Record Year 2010 (97) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
The second half of 2011 saw a new record in company closures in Inverurie when compared to any previous second half year.
The second half of 2011 was a record second half year for company closures in Inverurie when compared to any half year in history.
In the second half of 2011 a total of 57 companies were dissolved in Inverurie. This figure is 21.3% higher than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in Inverurie occurred in 2011 when a total of 57 were closed.
Half Year (Jul-Dec) Inverurie UK 2011 57 152,213 2010 47 164,601 % change 21.3% -7.5% Record Year 2011 (57) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Q4 2011 saw a new record in company closures in Inverurie when compared to any previous Q4.
Q4 2011 was a record quarter for company closures in Inverurie when compared to any quarter in history.
A total of 34 companies were dissolved in Inverurie during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 61.9% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Inverurie UK 2011 34 79,983 2010 21 76,896 % change 61.9% 4.0% Record Year 2011 (34) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
December 2011 saw a new record in company closures in Inverurie when compared to any previous December.
November 2011 saw a new record in company closures in Inverurie when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 5 10 19 Closed companies in 2010 11 4 6 % change -54.5% 150.0% 217% Record Year 2008 (20) 2011 (10) 2011 (19)
Net Company Growth
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Annual Data (2011)
A total of 69 companies were added to the company register for Inverurie in 2011. This number represents growth of 56.6% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 44 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.
Year Inverurie UK 2011 69 138,347 2010 25 58,126 2009 15 -171,098 2008 98 111,302 2007 116 237,354 Record Year 2003 (119) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Inverurie increased by 16 companies.
Half Year (Jul-Dec) Inverurie UK 2011 16 71,922 2010 9 32,008 Record Year 2003 (56) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Inverurie during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 1 companies.
fourth quarter (Oct 2011 - Dec 2011) Inverurie UK 2011 1 29,640 2010 9 18,221 Record Year 2002 (30) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 6 0 -5 Net growth in 2010 -3 10 2 Record Year 2003 (9) 2003 (16) 2002 (10)
UK Company Share
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Annual Data (2011)
In 2011 Inverurie formed 0.0% of all UK companies. This is no change on 2010 when Inverurie was responsible for 0.0% of all UK companies.
Year Inverurie 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1990 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Inverurie formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.
Half Year (Jul-Dec) Inverurie 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1990 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Inverurie formed 0.0% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Inverurie 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1990 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.0% 0.0% 0.0% UK formation share in 2010 0.0% 0.0% 0.0% % change 19.3% -39.2% 55.3% Record Year 1980 (0.1%) 1970 (0.2%) 1976 (0.2%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 43.5.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 43.7.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 42.4.
The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 37.3%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Inverurie was 1860 when 42.9% of all directors were female.
34.0% of all director appointments in Inverurie in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Inverurie was in 1977 when 31.1% of all directors were female.
33.3% of all director appointments in Inverurie in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ENGINEERING 3.89% CONSULTING 5.07% CONSULTANTS 2.47% MANAGEMENT 4.74% CONSULTING 2.12% CONSULTANCY 3.26% DESIGN 2.12% PROPERTY 2.37% CONSULTANCY 1.77% TRADING 2.07% J 1.41% DESIGN 1.92% INVERURIE 1.06% ASSOCIATES 1.86% ENERGY 1.06% ENGINEERING 1.78% C 1.06% BUSINESS 1.78% SCOTLAND 1.06% CONSULTANTS 1.76% MANAGEMENT 1.06% CONSTRUCTION 1.73% GRAMPIAN 1.06% MEDIA 1.71% INTEGRITY 1.06% LONDON 1.63% SUBSEA 1.06% J 1.51% HILL 0.71% INVESTMENTS 1.48% ASSETS 0.71% GLOBAL 1.46% INSPECTION 0.71% IT 1.41% IT 0.71% CARE 1.39% CREW 0.71% PROPERTIES 1.29% RENEWABLES 0.71% ELECTRICAL 1.29% BUSINESS 0.71% M 1.27% JOINERY 0.71% BUILDING 1.26% B 0.71% ENERGY 1.25% CONTROL 0.71% S 1.20% PROJECT 0.71% ENTERPRISES 1.20%
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 29 205,525 82990 - Other business support service activities not elsewhere classified 23 32,483 7487 - Other business activities 20 57,052 71129 - Other engineering activities 13 1,823 74909 - Other professional, scientific and technical activities not elsewhere classified 12 8,671 70229 - Management consultancy activities other than financial management 8 17,765 96090 - Other service activities not elsewhere classified 6 11,768 71122 - Engineering related scientific and technical consulting activities 4 812 99999 - Dormant Company 4 21,846 7011 - Development & sell real estate 3 2,287 06100 - Extraction of crude petroleum 3 176 71121 - Engineering design activities for industrial process and production 3 420 5530 - Restaurants 3 5,013 4531 - Installation electrical wiring etc. 3 1,967 09100 - Support activities for petroleum and natural gas extraction 3 268 7414 - Business & management consultancy 3 13,034 33200 - Installation of industrial machinery and equipment 2 367 63990 - Other information service activities not elsewhere classified 2 1,787 43999 - Other specialised construction activities not elsewhere classified 2 3,342 1120 - Services to oil and gas extraction 2 193
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC408666 NIDHOGG ENGINEERING LIMITED 04 Oct 2011 SC408863 SPRINT SOLUTIONS SCOTLAND LIMITED 06 Oct 2011 SC408951 PROBOND MARINE LTD 07 Oct 2011 SC409087 ALL NATURAL CLEANING LTD 10 Oct 2011 SC409187 DRH AIRCRAFT ENGINEERS LTD 11 Oct 2011 SC409200 GEOFF ALLBRIGHT LIMITED 11 Oct 2011 SC409247 UNIQUE SPECIALIST FABRICATION LIMITED 12 Oct 2011 SC409302 PRODCHEMCO LIMITED 13 Oct 2011 SC410073 T TANDOORI LTD 26 Oct 2011 SC410134 KINTORE TRANSPORT LIMITED 27 Oct 2011 SC410263 DECISION AND RISK CONSULTING LTD 31 Oct 2011