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

  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. 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)NewryUK
    2010152203,749
    2009123182,021
    % change23.6%11.9%
    Record Year2007 (185)2007 (279,097)
    New Companies by Half Year
  2. 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)NewryUK
    20108398,612
    20096690,987
    % change25.8%8.4%
    Record Year 2003 (93) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2010182243
    New companies in 2009262119
    % change-30.8%4.8%126.3%
    Record Year2003 (30)2007 (33)2010 (43)

Closed Companies (dissolved)

  1. 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)NewryUK
    2010128177,631
    20091289,236
    % change12,700.0%-38.6%
    Record Year2010 (128)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)NewryUK
    201012394,954
    20091181,176
    % change12,200.0%-47.6%
    Record Year 2010 (123) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010149019
    Closed companies in 2010149019
    % change0.0%0.0%0%
    Record Year2010 (14)2010 (90)2010 (19)

Net Company Growth

  1. 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)NewryUK
    20102426,118
    2009122-107,215
    Record Year2006 (157)2007 (171,296)
    Net Growth by Half Year
  2. 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)NewryUK
    2010-403,658
    200965-90,189
    Record Year 2006 (79) 2003 (69,274)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 20104-6824
    Net growth in 2005272224
    Record Year2005 (27)2002 (22)2010 (24)

UK Company Share

  1. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1986 (0.2%)
    Company Share by Half Year
  2. 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
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1986 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.1%
    % change-36.4%-0.1%103.7%
    Record Year1982 (0.3%)1986 (0.3%)1989 (0.2%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT3.12%MANAGEMENT5.01%
    (NI)2.63%CONSULTING4.79%
    IRELAND1.15%CONSULTANCY3.02%
    TRADING0.99%PROPERTY2.40%
    GLOBAL0.82%ASSOCIATES2.02%
    DEVELOPMENTS0.82%TRADING2.01%
    CONTRACTS0.82%DESIGN1.91%
    SONS0.82%CONSTRUCTION1.85%
    TRANSPORT0.82%MEDIA1.80%
    PROPERTY0.82%BUSINESS1.75%
    ENGINEERING0.66%CONSULTANTS1.71%
    ENTERPRISES0.66%INTERNATIONAL1.59%
    IRELAND)0.66%ENGINEERING1.56%
    CENTRE0.66%LONDON1.52%
    MOURNE0.66%INVESTMENTS1.49%
    SALES0.66%J1.46%
    ASSOCIATION0.66%CARE1.41%
    NEWRY0.66%GLOBAL1.39%
    WHOLESALE0.49%PROPERTIES1.35%
    CONSULTANTS0.49%BUILDING1.33%
    SERVICE0.49%M1.29%
    PRODUCTS0.49%IT1.28%
    ELECTRICAL0.49%ELECTRICAL1.27%
    LOGISTICS0.49%GROUP1.25%
    FUELS0.49%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied154207,125
    7487 - Other business activities3268,525
    99999 - Dormant Company2214,342
    9999 - Dormant Company1619,842
    82990 - Other business support service activities not elsewhere classified1025,942
    98000 - Residents property management93,540
    41201 - Construction of commercial buildings81,438
    4521 - General construction & civil engineering88,262
    49410 - Freight transport by road61,954
    96090 - Other service activities not elsewhere classified57,922
    41202 - Construction of domestic buildings52,060
    4542 - Joinery installation51,176
    9800 - Residents Property Management52,100
    47190 - Other retail sale in non-specialised stores41,026
    7499 - Non-trading company413,997
    5190 - Other wholesale41,474
    43320 - Joinery installation41,126
    62012 - Business and domestic software development42,576
    2030 - Manufacture builders carpentry & joinery3276
    9305 - Other service activities38,822

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI603015 RUSHE STEEL FIXING (N. IRELAND) LTD 04 May 2010
    NI603046 ROONEY KITCHENS LTD 06 May 2010
    NI603076 BBJ DEVELOPMENTS LIMITED 07 May 2010
    NI603077 DANOS INVESTMENTS LIMITED 07 May 2010
    NI603082 MATTHEW LOUGH & SONS (N.I.) LIMITED 07 May 2010
    NI603110 T & A ELECTRICAL LIMITED 11 May 2010
    NI603138 TED'S CARPETS & FURNITURE LIMITED 13 May 2010
    NI603171 SPOONZ & LADLE LTD 18 May 2010
    NI603188 R&G FUN INDUSTRIES LTD 19 May 2010
    NI603220 EJ JOINERY WORKS LIMITED 21 May 2010
    NI603232 P & R SKIPPERS LTD 24 May 2010
    NI603260 HOUSE PROUD FANCY GOODS LTD 25 May 2010
    NI603278 PRESCOTT PAYROLL LTD 26 May 2010
    NI603300 VITAMINOX UK LTD 27 May 2010
    NI603014 JBM ACCOUNTANTS LIMITED 04 May 2010
    NI603056 COLLINS FUELS LTD 06 May 2010
    NI603091 SUPERSCREED (IRELAND) LIMITED 10 May 2010
    NI603124 MOUNTAINVIEW SERVICES (ARMAGH) LIMITED 12 May 2010
    NI603129 CAUSEWAY (NI) LIMITED 13 May 2010
    NI603190 DUNNE CONTRACTING LIMITED 19 May 2010
    NI603214 MMM CAPITAL LIMITED 20 May 2010
    NI603229 CR SPORTS PRODUCTS LTD 24 May 2010

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