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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

  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 (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.

    YearInverurieUK
    2011156452,870
    2010122400,358
    200998362,675
    2008149349,203
    2007158457,649
    Record Year2003 (158)2007 (457,649)
    New Companies by Year
  2. 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)InverurieUK
    201173224,135
    201056196,609
    % change30.4%14.0%
    Record Year2011 (73)2011 (224,135)
    New Companies by Half Year
  3. 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)InverurieUK
    201135109,623
    20103095,117
    % change16.7%15.3%
    Record Year 2002 (39) 2011 (109,623)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2011111014
    New companies in 20108148
    % change37.5%-28.6%75.0%
    Record Year2008 (14)2003 (18)2011 (14)

Closed Companies (dissolved)

  1. 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.

    YearInverurieUK
    201187314,523
    201097342,232
    200983533,773
    200851237,901
    200742220,295
    Record Year2010 (97)2009 (533,773)
    Dissolved Companies by Year
  2. 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)InverurieUK
    201157152,213
    201047164,601
    % change21.3%-7.5%
    Record Year2011 (57)2009 (244,537)
    Dissolved Companies by Half Year
  3. 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)InverurieUK
    20113479,983
    20102176,896
    % change61.9%4.0%
    Record Year 2011 (34) 2009 (85,136)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 201151019
    Closed companies in 20101146
    % change-54.5%150.0%217%
    Record Year2008 (20)2011 (10)2011 (19)

Net Company Growth

  1. 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.

    YearInverurieUK
    201169138,347
    20102558,126
    200915-171,098
    200898111,302
    2007116237,354
    Record Year2003 (119)2003 (242,543)
    Net Growth by Year
  2. 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)InverurieUK
    20111671,922
    2010932,008
    Record Year2003 (56)2003 (117,772)
    Net Growth by Half Year
  3. 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)InverurieUK
    2011129,640
    2010918,221
    Record Year 2002 (30) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201160-5
    Net growth in 2010-3102
    Record Year2003 (9)2003 (16)2002 (10)

UK Company Share

  1. 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.

    YearInverurie
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960)1990 (0.1%)
    Company Share by Year
  2. 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
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Half Year
  3. 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
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.0%0.0%0.0%
    UK formation share in 20100.0%0.0%0.0%
    % change19.3%-39.2%55.3%
    Record Year1980 (0.1%)1970 (0.2%)1976 (0.2%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

  1. Previous 12 months (Dec 2010-Dec 2011)

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

    wordpercentageuk worduk percentage
    ENGINEERING3.89%CONSULTING5.07%
    CONSULTANTS2.47%MANAGEMENT4.74%
    CONSULTING2.12%CONSULTANCY3.26%
    DESIGN2.12%PROPERTY2.37%
    CONSULTANCY1.77%TRADING2.07%
    J1.41%DESIGN1.92%
    INVERURIE1.06%ASSOCIATES1.86%
    ENERGY1.06%ENGINEERING1.78%
    C1.06%BUSINESS1.78%
    SCOTLAND1.06%CONSULTANTS1.76%
    MANAGEMENT1.06%CONSTRUCTION1.73%
    GRAMPIAN1.06%MEDIA1.71%
    INTEGRITY1.06%LONDON1.63%
    SUBSEA1.06%J1.51%
    HILL0.71%INVESTMENTS1.48%
    ASSETS0.71%GLOBAL1.46%
    INSPECTION0.71%IT1.41%
    IT0.71%CARE1.39%
    CREW0.71%PROPERTIES1.29%
    RENEWABLES0.71%ELECTRICAL1.29%
    BUSINESS0.71%M1.27%
    JOINERY0.71%BUILDING1.26%
    B0.71%ENERGY1.25%
    CONTROL0.71%S1.20%
    PROJECT0.71%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied29205,525
    82990 - Other business support service activities not elsewhere classified2332,483
    7487 - Other business activities2057,052
    71129 - Other engineering activities131,823
    74909 - Other professional, scientific and technical activities not elsewhere classified128,671
    70229 - Management consultancy activities other than financial management817,765
    96090 - Other service activities not elsewhere classified611,768
    71122 - Engineering related scientific and technical consulting activities4812
    99999 - Dormant Company421,846
    7011 - Development & sell real estate32,287
    06100 - Extraction of crude petroleum3176
    71121 - Engineering design activities for industrial process and production3420
    5530 - Restaurants35,013
    4531 - Installation electrical wiring etc.31,967
    09100 - Support activities for petroleum and natural gas extraction3268
    7414 - Business & management consultancy313,034
    33200 - Installation of industrial machinery and equipment2367
    63990 - Other information service activities not elsewhere classified21,787
    43999 - Other specialised construction activities not elsewhere classified23,342
    1120 - Services to oil and gas extraction2193

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC410428 EVOKE IT LIMITED 01 Nov 2011
    SC411076 GLITTERY OCCASIONS LIMITED 11 Nov 2011
    SC411311 AMDALE ASSOCIATES LTD 15 Nov 2011
    SC411375 GRAFX LTD 16 Nov 2011
    SC411394 ENGINEERING MATERIALS SOLUTIONS LIMITED 16 Nov 2011
    SC411950 THE APP COMPANY ONLINE LIMITED 24 Nov 2011
    SC412154 BIRCHWOOD HILL CONSULTANTS LIMITED 28 Nov 2011
    SC412164 MACKENZIE FIRE PROTECTION LIMITED 28 Nov 2011
    SC412253 GLEN DESIGN LTD 29 Nov 2011
    SC412258 YOUNG SUBSEA ENGINEERING LTD 29 Nov 2011

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