Inverurie, Aberdeenshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company closures in Inverurie when compared to any year in history.
  • The record fourth quarter for female directors in Inverurie was in 2014 when 38.1% of all directors were female.

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 (2014)

    A total of 157 companies were formed in Inverurie in 2014. This total is 11.3% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearInverurieUK
    2014157582,051
    2013177529,363
    2012165491,893
    2011156452,870
    2010122400,358
    Record Year2013 (177)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 63 companies were formed in Inverurie. This figure is 25.9% lower than last year, which compares badly to the UK wide figure of 8.2%.

    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
    201463281,320
    201385259,931
    % change-25.9%8.2%
    Record Year2013 (85)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 29 companies were registered in Inverurie during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 17.1% versus the same period last year (Q4 2013). This figure compares badly 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)InverurieUK
    201429137,906
    201335127,247
    % change-17.1%8.4%
    Record Year 2013 (35) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201410109
    New companies in 2013141110
    % change-28.6%-9.1%-10.0%
    Record Year2012 (15)2003 (18)2011 (14)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Inverurie when compared to any year in history.

    A total of 102 companies were dissolved in Inverurie in 2014. This total is 5.2% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearInverurieUK
    2014102367,937
    201397332,213
    201290293,729
    201187314,524
    201097342,233
    Record Year2014 (102)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 44 companies were dissolved in Inverurie. This figure is 21.4% lower than last year, which compares well to the UK wide change of 7.7%.

    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
    201444190,730
    201356177,021
    % change-21.4%7.7%
    Record Year2011 (57)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 23 companies were dissolved in Inverurie during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 20.7% versus the same period last year (Q4 2013). This figure compares well 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)InverurieUK
    20142389,060
    20132990,851
    % change-20.7%-2.0%
    Record Year 2011 (34) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20147106
    Closed companies in 201361211
    % change16.7%-16.7%-45%
    Record Year2008 (20)2013 (12)2011 (19)

Net Company Growth

  1. Annual Data (2014)

    A total of 55 companies were added to the company register for Inverurie in 2014. This number represents growth of 35.0% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 25 companies lower 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
    201455214,114
    201380197,150
    201275198,164
    201169138,346
    20102558,125
    Record Year2007 (116)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Inverurie increased by 19 companies.

    Half Year (Jul-Dec)InverurieUK
    20141990,590
    20132982,910
    Record Year2003 (56)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Inverurie during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 6 companies.

    fourth quarter (Oct 2014 - Dec 2014)InverurieUK
    2014648,846
    2013636,396
    Record Year 2005 (26) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014303
    Net growth in 20138-1-1
    Record Year2005 (12)2003 (16)2002 (10)

UK Company Share

  1. Annual Data (2014)

    In 2014 Inverurie formed 0.0% of all UK companies. This is no change on 2013 when Inverurie was responsible for 0.0% of all UK companies.

    YearInverurie
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1990 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Inverurie formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Inverurie
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Inverurie formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Inverurie
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1990 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change-31.9%-13.7%-22.8%
    Record Year1989 (0.1%)1990 (0.1%)1992 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.3.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 45.3.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.9.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    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 2014 was 32.4%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

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

    29.5% of all director appointments in Inverurie 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
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Inverurie was in 2014 when 38.1% of all directors were female.

    38.1% of all director appointments in Inverurie 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

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    ENGINEERING3.04%CONSULTING5.22%
    ENERGY2.03%MANAGEMENT4.58%
    SUBSEA1.69%CONSULTANCY3.57%
    CONSULTANCY1.35%PROPERTY2.66%
    JOINERY1.01%CONSTRUCTION2.12%
    INVERURIE1.01%ENGINEERING2.10%
    ELECTRICAL1.01%CARE2.02%
    R1.01%TRADING1.94%
    CONSULTING1.01%LONDON1.93%
    G1.01%TRANSPORT1.93%
    PROJECTS1.01%DESIGN1.66%
    INSPECTION1.01%CONSULTANTS1.64%
    MANAGEMENT1.01%ELECTRICAL1.62%
    SYSTEMS0.68%PROPERTIES1.62%
    I0.68%BUSINESS1.56%
    HEATING0.68%J1.54%
    MCQUEEN0.68%CO.,1.50%
    OFFSHORE0.68%GLOBAL1.49%
    ECL0.68%INVESTMENTS1.48%
    ABERDEEN0.68%ASSOCIATES1.47%
    SAFETY0.68%DEVELOPMENTS1.35%
    DESIGN0.68%MEDIA1.33%
    CATERING0.68%IT1.31%
    ENGINEERS)0.34%BUILDING1.29%
    LEGIONELLA0.34%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied48265,608
    82990 - Other business support service activities not elsewhere classified3658,068
    70229 - Management consultancy activities other than financial management3242,290
    71129 - Other engineering activities316,132
    74909 - Other professional, scientific and technical activities not elsewhere classified2519,049
    09100 - Support activities for petroleum and natural gas extraction171,077
    71122 - Engineering related scientific and technical consulting activities163,184
    62020 - Information technology consultancy activities1230,178
    96090 - Other service activities not elsewhere classified1129,009
    43210 - Electrical installation85,985
    62090 - Other information technology service activities612,837
    71121 - Engineering design activities for industrial process and production61,600
    35110 - Production of electricity52,551
    68209 - Other letting and operating of own or leased real estate511,212
    43999 - Other specialised construction activities not elsewhere classified38,761
    43220 - Plumbing, heat and air-conditioning installation35,189
    86900 - Other human health activities312,976
    86230 - Dental practice activities32,164
    43320 - Joinery installation32,180
    49410 - Freight transport by road310,842

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC492387 PEACOCK GREY LIMITED 01 Dec 2014
    SC492553 DIAMOND CLEAN SYSTEMS LIMITED 02 Dec 2014
    SC492588 INVERURIE WHISKY SHOP LTD 02 Dec 2014
    SC493195 GARAGE DOOR AUTOMATION & REPAIR LTD 11 Dec 2014
    SC493199 T 6 ENGINEERING LTD 11 Dec 2014
    SC493709 MIDNIGHT ELEGANCE LTD 18 Dec 2014
    SC494005 CTI JOINERY LIMITED 23 Dec 2014
    SC494035 AA BUILDING AND RESTORATION LIMITED 24 Dec 2014
    SC494052 BLENHEIM ECOSSE LIMITED 24 Dec 2014

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