Inverurie, Aberdeenshire

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • 2013 was a record year for company registrations in Inverurie when compared to any year in history.
  • The second half of 2013 saw a new record in company registrations in Inverurie when compared to any previous second half year.
  • November 2013 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 (2013)

    2013 was a record year for company registrations in Inverurie when compared to any year in history.

    A total of 177 companies were formed in Inverurie in 2013. This total is 7.3% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearInverurieUK
    2013177529,363
    2012165491,893
    2011156452,870
    2010122400,358
    200998362,675
    Record Year2013 (177)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company registrations in Inverurie when compared to any previous second half year.

    In the second half of 2013 a total of 85 companies were formed in Inverurie. This figure is 1.2% higher than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Inverurie occurred in 2013 when a total of 85 were formed.

    Half Year (Jul-Dec)InverurieUK
    201385259,931
    201284238,743
    % change1.2%8.9%
    Record Year2013 (85)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 35 companies were registered in Inverurie during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 2.9% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)InverurieUK
    201335127,247
    201234119,875
    % change2.9%6.1%
    Record Year 2013 (35) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013141110
    New companies in 201215910
    % change-6.7%22.2%0.0%
    Record Year2012 (15)2003 (18)2011 (14)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 97 companies were dissolved in Inverurie in 2013. This total is 7.8% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.

    YearInverurieUK
    201397332,213
    201290293,729
    201187314,524
    201097342,233
    200983533,789
    Record Year2013 (97)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 56 companies were dissolved in Inverurie. This figure is 21.7% higher than last year, which compares badly to the UK wide change of 21.3%.

    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
    201356177,021
    201246145,935
    % change21.7%21.3%
    Record Year2011 (57)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 29 companies were dissolved in Inverurie during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 45.0% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)InverurieUK
    20132990,851
    20122070,027
    % change45.0%29.7%
    Record Year 2011 (34) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    November 2013 saw a new record in company closures in Inverurie when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201361211
    Closed companies in 2012497
    % change50.0%33.3%57%
    Record Year2008 (20)2013 (12)2011 (19)

Net Company Growth

  1. Annual Data (2013)

    A total of 80 companies were added to the company register for Inverurie in 2013. This number represents growth of 45.2% in the total number of active companies, which compares favourably to the UK figure of 37.2%.

    This number is 5 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Inverurie company register grew by 116 companies.

    YearInverurieUK
    201380197,150
    201275198,164
    201169138,346
    20102558,125
    200915-171,114
    Record Year2007 (116)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Inverurie increased by 29 companies.

    Half Year (Jul-Dec)InverurieUK
    20132982,910
    20123892,808
    Record Year2003 (56)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Inverurie during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 6 companies.

    fourth quarter (Oct 2013 - Dec 2013)InverurieUK
    2013636,396
    20121449,848
    Record Year 2005 (26) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20138-1-1
    Net growth in 20121103
    Record Year2005 (12)2003 (16)2002 (10)

UK Company Share

  1. Annual Data (2013)

    In 2013 Inverurie formed 0.0% of all UK companies. This is no change on 2012 when Inverurie was responsible for 0.0% of all UK companies.

    YearInverurie
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960)1990 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Inverurie formed 0.0% of all UK companies. This is the same as the 2012 figure of 0.0%.

    Half Year (Jul-Dec)Inverurie
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Inverurie formed 0.0% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Inverurie
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.0%0.0%0.0%
    UK formation share in 20120.0%0.0%0.0%
    % change-13.5%20.3%-9.1%
    Record Year1989 (0.1%)1990 (0.1%)1992 (0.1%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 42.8.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 42.8.

    The percentage of directors under the age of 25 was 0.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 41.0.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 1.4% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Inverurie was 2007 when 45.6% of all directors were female.

    The percentage of female directors in Inverurie in 2013 was 36.0%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Inverurie was 2007 when 44.9% of all directors were female.

    32.9% of all director appointments in Inverurie in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Inverurie was in 2004 when 38.6% of all directors were female.

    25.0% of all director appointments in Inverurie in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

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

    wordpercentageuk worduk percentage
    ENGINEERING5.06%CONSULTING5.22%
    SUBSEA3.16%MANAGEMENT4.72%
    CONSULTANTS1.58%CONSULTANCY3.45%
    WELL1.27%PROPERTY2.59%
    ELECTRICAL1.27%TRADING2.08%
    (SCOTLAND)1.27%ENGINEERING1.87%
    PROJECT1.27%LONDON1.86%
    DENTAL1.27%DESIGN1.76%
    MANAGEMENT0.95%CONSTRUCTION1.73%
    OIL0.95%CARE1.73%
    S0.95%BUSINESS1.71%
    CONSULTING0.95%CONSULTANTS1.68%
    BUSINESS0.95%GLOBAL1.58%
    TECHNICAL0.95%INVESTMENTS1.56%
    GAS0.95%PROPERTIES1.54%
    INSPECTION0.95%ASSOCIATES1.53%
    CONSULTANCY0.95%J1.51%
    DESIGN0.95%MEDIA1.50%
    PROPERTY0.95%IT1.35%
    ABERDEEN0.95%DEVELOPMENTS1.23%
    SCOTLAND0.95%M1.23%
    MAINTENANCE0.95%BUILDING1.21%
    QUALITY0.63%ELECTRICAL1.20%
    BRACO0.63%CAPITAL1.19%
    CARE0.63%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied57266,814
    82990 - Other business support service activities not elsewhere classified3555,342
    70229 - Management consultancy activities other than financial management2436,164
    71129 - Other engineering activities205,158
    74909 - Other professional, scientific and technical activities not elsewhere classified2018,034
    96090 - Other service activities not elsewhere classified2026,001
    71122 - Engineering related scientific and technical consulting activities132,893
    62020 - Information technology consultancy activities1127,183
    09100 - Support activities for petroleum and natural gas extraction10912
    74990 - Non-trading company514,223
    27900 - Manufacture of other electrical equipment5325
    71121 - Engineering design activities for industrial process and production41,349
    35110 - Production of electricity32,102
    43320 - Joinery installation32,022
    74901 - Environmental consulting activities31,502
    71111 - Architectural activities32,741
    56101 - Licensed restaurants37,685
    43999 - Other specialised construction activities not elsewhere classified37,823
    43220 - Plumbing, heat and air-conditioning installation34,687
    43210 - Electrical installation35,730

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC462862 ALBEX ENGINEERING LIMITED 01 Nov 2013
    SC462925 WAKA KAYAKS LIMITED 04 Nov 2013
    SC463060 RUACHONLINE LIMITED 05 Nov 2013
    SC463169 BENNETT COMMERCIAL SOLUTIONS LIMITED 06 Nov 2013
    SC463184 AB DENTAL CARE LIMITED 06 Nov 2013
    SC463250 TRICHEM CONSULTANTS LTD. 07 Nov 2013
    SC464043 MOWAT SAFETY AND TRAINING SERVICES LTD 19 Nov 2013
    SC464126 HARCHEM LTD 20 Nov 2013
    SC464243 JAWS DENTAL CO. LIMITED 21 Nov 2013
    SC464680 NEE CORP LTD 27 Nov 2013
    SC464763 K B ELECTRICAL (SCOTLAND) LTD 28 Nov 2013

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