Montrose, Aberdeenshire

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company registrations in Montrose when compared to any previous second half year.
  • October 2014 saw a new record in company registrations in Montrose when compared to any previous October.
  • The second half of 2014 saw a new record in company closures in Montrose when compared to any previous second half year.

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 132 companies were formed in Montrose in 2014. This total is 9.6% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMontroseUK
    2014132582,051
    2013146529,363
    2012168491,893
    2011142452,870
    2010119400,358
    Record Year2012 (168)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Montrose when compared to any previous second half year.

    In the second half of 2014 a total of 67 companies were formed in Montrose. This figure is 15.5% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Montrose occurred in 2014 when a total of 67 were formed.

    Half Year (Jul-Dec)MontroseUK
    201467281,320
    201358259,931
    % change15.5%8.2%
    Record Year2014 (67)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 34 companies were registered in Montrose during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 17.2% versus the same period last year (Q4 2013). This figure compares well 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)MontroseUK
    201434137,906
    201329127,247
    % change17.2%8.4%
    Record Year 2011 (34) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Montrose when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201419114
    New companies in 201310910
    % change90.0%22.2%-60.0%
    Record Year2014 (19)2007 (14)2012 (11)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 76 companies were dissolved in Montrose in 2014. This total is 5.0% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearMontroseUK
    201476367,937
    201380332,213
    201274293,729
    201167314,524
    201076342,233
    Record Year2009 (81)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Montrose when compared to any previous second half year.

    In the second half of 2014 a total of 44 companies were dissolved in Montrose. This figure is 7.3% higher than last year, which compares well to the UK wide change of 7.7%.

    The highest total for a second half year in Montrose occurred in 2014 when a total of 44 were closed.

    Half Year (Jul-Dec)MontroseUK
    201444190,730
    201341177,021
    % change7.3%7.7%
    Record Year2014 (44)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 16 companies were dissolved in Montrose during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 11.1% 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)MontroseUK
    20141689,060
    20131890,851
    % change-11.1%-2.0%
    Record Year 2011 (27) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014961
    Closed companies in 2013387
    % change200.0%-25.0%-86%
    Record Year2008 (16)2011 (9)2010 (11)

Net Company Growth

  1. Annual Data (2014)

    A total of 56 companies were added to the company register for Montrose in 2014. This number represents growth of 42.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 10 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Montrose company register grew by 124 companies.

    YearMontroseUK
    201456214,114
    201366197,150
    201294198,164
    201175138,346
    20104358,125
    Record Year2007 (124)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Montrose increased by 23 companies.

    Half Year (Jul-Dec)MontroseUK
    20142390,590
    20131782,910
    Record Year2008 (41)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Montrose during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 18 companies.

    fourth quarter (Oct 2014 - Dec 2014)MontroseUK
    20141848,846
    20131136,396
    Record Year 2006 (21) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20141053
    Net growth in 2013713
    Record Year2006 (11)2002 (11)2003 (10)

UK Company Share

  1. Annual Data (2014)

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

    YearMontrose
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)2008 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Montrose
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1991 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Montrose
    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%
    % change80.7%15.8%-65.7%
    Record Year1990 (0.1%)2002 (0.0%)1990 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.2.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 0.4% 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 45.7.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 0.9% 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 45.7.

    The percentage of directors under the age of 25 was 3.1% 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 Montrose was 1991 when 50.8% of all directors were female.

    The percentage of female directors in Montrose in 2014 was 27.7%. 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 Montrose was 2005 when 51.0% of all directors were female.

    26.5% of all director appointments in Montrose 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 Montrose was in 2007 when 53.7% of all directors were female.

    26.2% of all director appointments in Montrose 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
    WELL2.29%CONSULTING5.22%
    SUBSEA1.91%MANAGEMENT4.58%
    MONTROSE1.91%CONSULTANCY3.57%
    JOINERY1.53%PROPERTY2.66%
    ENGINEERING1.53%CONSTRUCTION2.12%
    MANAGEMENT1.15%ENGINEERING2.10%
    SOLIDS1.15%CARE2.02%
    TECHNICAL1.15%TRADING1.94%
    T1.15%LONDON1.93%
    CONSULTING1.15%TRANSPORT1.93%
    DEVELOPMENTS0.76%DESIGN1.66%
    EAST0.76%CONSULTANTS1.64%
    INTERVENTION0.76%ELECTRICAL1.62%
    ROOFING0.76%PROPERTIES1.62%
    CONSULTANCY0.76%BUSINESS1.56%
    OFFSHORE0.76%J1.54%
    MARK0.76%CO.,1.50%
    ENERGY0.76%GLOBAL1.49%
    J0.76%INVESTMENTS1.48%
    SPORTS0.76%ASSOCIATES1.47%
    MCKENZIE0.76%DEVELOPMENTS1.35%
    ELECTRICAL0.76%MEDIA1.33%
    -0.76%IT1.31%
    MATERIALS0.76%BUILDING1.29%
    TRAINING0.76%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    09100 - Support activities for petroleum and natural gas extraction1151,077
    None Supplied29265,608
    74909 - Other professional, scientific and technical activities not elsewhere classified2019,049
    70229 - Management consultancy activities other than financial management1342,290
    82990 - Other business support service activities not elsewhere classified1058,068
    96090 - Other service activities not elsewhere classified929,009
    71129 - Other engineering activities96,132
    86900 - Other human health activities612,976
    71121 - Engineering design activities for industrial process and production51,600
    43320 - Joinery installation52,180
    68209 - Other letting and operating of own or leased real estate411,212
    43910 - Roofing activities41,475
    99999 - Dormant Company448,509
    43999 - Other specialised construction activities not elsewhere classified38,761
    62090 - Other information technology service activities312,837
    47910 - Retail sale via mail order houses or via Internet310,107
    56101 - Licensed restaurants38,782
    35110 - Production of electricity32,551
    43210 - Electrical installation35,985
    93199 - Other sports activities34,176

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC492726 SCRIBBLES TIPPERS LIMITED 04 Dec 2014
    SC493449 STRATHDEE SLICKLINE LTD 16 Dec 2014
    SC493576 MONTROSE 1956 LIMITED 17 Dec 2014
    SC493895 DUNKEN LTD 22 Dec 2014

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