Newry, County Down
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company registrations in Newry when compared to any previous June.
- The first half of 2010 saw a new record in company closures in Newry when compared to any previous first half year.
- The first half of 2010 was a record first half year for company closures in Newry when compared to any half year in history.
- Q2 2010 saw a new record in company closures in Newry when compared to any previous Q2.
- Q2 2010 was a record quarter for company closures in Newry when compared to any quarter in history.
- June 2010 saw a new record in company closures in Newry when compared to any previous June.
- May 2010 saw a new record in company closures in Newry when compared to any previous May.
- May 2010 was a record month for company closures in Newry when compared to any month in history.
- April 2010 saw a new record in company closures in Newry when compared to any previous April.
- April 2010 was a record month for company closures in Newry when compared to any month in history.
- June 2010 saw a new record in net growth in Newry when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 152 companies were formed in Newry. This figure is 23.6% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Newry occurred in 2007 when a total of 185 were formed.
Half Year (Jan-Jun) Newry UK 2010 152 203,749 2009 123 182,021 % change 23.6% 11.9% Record Year 2007 (185) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 83 companies were registered in Newry during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 25.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Newry UK 2010 83 98,612 2009 66 90,987 % change 25.8% 8.4% Record Year 2003 (93) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Newry when compared to any previous June.
New Companies by Month
April May June New companies in 2010 18 22 43 New companies in 2009 26 21 19 % change -30.8% 4.8% 126.3% Record Year 2003 (30) 2007 (33) 2010 (43)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
The first half of 2010 saw a new record in company closures in Newry when compared to any previous first half year.
The first half of 2010 was a record first half year for company closures in Newry when compared to any half year in history.
In the first half of 2010 a total of 128 companies were dissolved in Newry. This figure is 12,700.0% higher than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Newry occurred in 2010 when a total of 128 were closed.
Half Year (Jan-Jun) Newry UK 2010 128 177,631 2009 1 289,236 % change 12,700.0% -38.6% Record Year 2010 (128) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company closures in Newry when compared to any previous Q2.
Q2 2010 was a record quarter for company closures in Newry when compared to any quarter in history.
A total of 123 companies were dissolved in Newry during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 12,200.0% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Newry UK 2010 123 94,954 2009 1 181,176 % change 12,200.0% -47.6% Record Year 2010 (123) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Newry when compared to any previous June.
May 2010 saw a new record in company closures in Newry when compared to any previous May.
May 2010 was a record month for company closures in Newry when compared to any month in history.
April 2010 saw a new record in company closures in Newry when compared to any previous April.
April 2010 was a record month for company closures in Newry when compared to any month in history.
Dissolved Companies by Month
April May June Closed companies in 2010 14 90 19 Closed companies in 2010 14 90 19 % change 0.0% 0.0% 0% Record Year 2010 (14) 2010 (90) 2010 (19)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Newry increased by 24 companies.
Half Year (Jan-Jun) Newry UK 2010 24 26,118 2009 122 -107,215 Record Year 2006 (157) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Newry during the second quarter of 2010 (Apr 2010 - Jun 2010) was -40 companies.
second quarter (Apr 2010 - Jun 2010) Newry UK 2010 -40 3,658 2009 65 -90,189 Record Year 2006 (79) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in net growth in Newry when compared to any previous June.
Net Growth by Month
April May June Net growth in 2010 4 -68 24 Net growth in 2005 27 22 24 Record Year 2005 (27) 2002 (22) 2010 (24)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Newry formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jan-Jun) Newry 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1986 (0.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Newry formed 0.1% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Newry 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1986 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -36.4% -0.1% 103.7% Record Year 1982 (0.3%) 1986 (0.3%) 1989 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 44.8.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 7.6% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 46.1.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 10.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Newry was 1857 when 40.0% of all directors were female.
21.4% of all director appointments in Newry in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Newry was in 1866 when 66.7% of all directors were female.
21.6% of all director appointments in Newry in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 3.12% MANAGEMENT 5.01% (NI) 2.63% CONSULTING 4.79% IRELAND 1.15% CONSULTANCY 3.02% TRADING 0.99% PROPERTY 2.40% GLOBAL 0.82% ASSOCIATES 2.02% DEVELOPMENTS 0.82% TRADING 2.01% CONTRACTS 0.82% DESIGN 1.91% SONS 0.82% CONSTRUCTION 1.85% TRANSPORT 0.82% MEDIA 1.80% PROPERTY 0.82% BUSINESS 1.75% ENGINEERING 0.66% CONSULTANTS 1.71% ENTERPRISES 0.66% INTERNATIONAL 1.59% IRELAND) 0.66% ENGINEERING 1.56% CENTRE 0.66% LONDON 1.52% MOURNE 0.66% INVESTMENTS 1.49% SALES 0.66% J 1.46% ASSOCIATION 0.66% CARE 1.41% NEWRY 0.66% GLOBAL 1.39% WHOLESALE 0.49% PROPERTIES 1.35% CONSULTANTS 0.49% BUILDING 1.33% SERVICE 0.49% M 1.29% PRODUCTS 0.49% IT 1.28% ELECTRICAL 0.49% ELECTRICAL 1.27% LOGISTICS 0.49% GROUP 1.25% FUELS 0.49% DEVELOPMENTS 1.25%
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 154 207,125 7487 - Other business activities 32 68,525 99999 - Dormant Company 22 14,342 9999 - Dormant Company 16 19,842 82990 - Other business support service activities not elsewhere classified 10 25,942 98000 - Residents property management 9 3,540 41201 - Construction of commercial buildings 8 1,438 4521 - General construction & civil engineering 8 8,262 49410 - Freight transport by road 6 1,954 96090 - Other service activities not elsewhere classified 5 7,922 41202 - Construction of domestic buildings 5 2,060 4542 - Joinery installation 5 1,176 9800 - Residents Property Management 5 2,100 47190 - Other retail sale in non-specialised stores 4 1,026 7499 - Non-trading company 4 13,997 5190 - Other wholesale 4 1,474 43320 - Joinery installation 4 1,126 62012 - Business and domestic software development 4 2,576 2030 - Manufacture builders carpentry & joinery 3 276 9305 - Other service activities 3 8,822
Recent Companies
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Randomly selected companies from this quarter
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