Newry, County Down
2010 Annual Business Confidence Report
Headlines
- 2010 was a record year for company closures in Newry when compared to any year in history.
- The second half of 2010 saw a new record in company closures in Newry when compared to any previous second half year.
- The second half of 2010 was a record second half year for company closures in Newry when compared to any half year in history.
- Q4 2010 saw a new record in company closures in Newry when compared to any previous Q4.
- Q4 2010 was a record quarter for company closures in Newry when compared to any quarter in history.
- December 2010 saw a new record in company closures in Newry when compared to any previous December.
- November 2010 saw a new record in company closures in Newry when compared to any previous November.
- October 2010 saw a new record in company closures in Newry when compared to any previous October.
- October 2010 was a record month for company closures in Newry when compared to any month in history.
- October 2010 saw a new record in net growth in Newry when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2010)
A total of 290 companies were formed in Newry in 2010. This total is 2.4% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Newry UK 2010 290 400,358 2009 297 362,675 2008 243 349,203 2007 292 457,649 2006 306 405,440 Record Year 2003 (335) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 138 companies were formed in Newry. This figure is 20.7% lower than last year, which compares badly to the UK wide figure of 8.8%.
The highest total for a second half year in Newry occurred in 2009 when a total of 174 were formed.
Half Year (Jul-Dec) Newry UK 2010 138 196,609 2009 174 180,654 % change -20.7% 8.8% Record Year 2009 (174) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 59 companies were registered in Newry during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 36.6% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Newry UK 2010 59 95,117 2009 93 85,983 % change -36.6% 10.6% Record Year 2009 (93) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 16 26 17 New companies in 2009 33 36 24 % change -51.5% -27.8% -29.2% Record Year 2003 (36) 2009 (36) 2008 (39)
Closed Companies (dissolved)
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Annual Data (2010)
2010 was a record year for company closures in Newry when compared to any year in history.
A total of 455 companies were dissolved in Newry in 2010. This total is 11,275.0% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.
Year Newry UK 2010 455 342,232 2009 4 533,773 2008 1 237,901 2007 1 200,166 2006 1 189,329 Record Year 2010 (455) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
The second half of 2010 saw a new record in company closures in Newry when compared to any previous second half year.
The second half of 2010 was a record second half year for company closures in Newry when compared to any half year in history.
In the second half of 2010 a total of 327 companies were dissolved in Newry. This figure is 10,800.0% higher than last year, which compares badly to the UK wide change of -32.7%.
The highest total for a second half year in Newry occurred in 2010 when a total of 327 were closed.
Half Year (Jul-Dec) Newry UK 2010 327 164,601 2009 3 244,537 % change 10,800.0% -32.7% Record Year 2010 (327) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Q4 2010 saw a new record in company closures in Newry when compared to any previous Q4.
Q4 2010 was a record quarter for company closures in Newry when compared to any quarter in history.
A total of 194 companies were dissolved in Newry during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 9,600.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Newry UK 2010 194 76,896 2009 2 85,136 % change 9,600.0% -9.7% Record Year 2010 (194) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
December 2010 saw a new record in company closures in Newry when compared to any previous December.
November 2010 saw a new record in company closures in Newry when compared to any previous November.
October 2010 saw a new record in company closures in Newry when compared to any previous October.
October 2010 was a record month for company closures in Newry when compared to any month in history.
Dissolved Companies by Month
October November December Closed companies in 2010 138 19 37 Closed companies in 2010 138 19 37 % change 0.0% 0.0% 0% Record Year 2010 (138) 2010 (19) 2010 (37)
Net Company Growth
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Annual Data (2010)
A total of -165 companies were removed to the company register for Newry in 2010. This number represents decline of 55.6% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 458 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Newry company register grew by 334 companies.
Year Newry UK 2010 -165 58,126 2009 293 -171,098 2008 242 111,302 2007 305 205,274 2006 294 178,360 Record Year 2003 (334) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Newry decreased by 189 companies.
Half Year (Jul-Dec) Newry UK 2010 -189 32,008 2009 171 -63,883 Record Year 2009 (171) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Newry during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -135 companies.
fourth quarter (Oct 2010 - Dec 2010) Newry UK 2010 -135 18,221 2009 91 847 Record Year 2009 (91) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
October 2010 saw a new record in net growth in Newry when compared to any previous October.
Net Growth by Month
October November December Net growth in 2010 -122 7 -20 Net growth in 2010 -122 19 38 Record Year 2010 (-122) 1999 (19) 2008 (38)
UK Company Share
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Annual Data (2010)
In 2010 Newry formed 0.1% of all UK companies. This is no change on 2009 when Newry was responsible for 0.1% of all UK companies.
Year Newry 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1986 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Newry formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.
Half Year (Jul-Dec) Newry 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Newry formed 0.1% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Newry 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1975 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.0% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.1% % change -57.5% -35.4% -32.6% Record Year 1975 (0.5%) 1968 (0.5%) 1992 (0.2%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 44.8.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 7.3% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 44.9.
The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 44.6.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Newry was 1857 when 36.4% of all directors were female.
The percentage of female directors in Newry in 2010 was 29.5%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Newry was 1860 when 42.9% of all directors were female.
29.0% of all director appointments in Newry in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Newry was in 1977 when 31.1% of all directors were female.
24.5% of all director appointments in Newry in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 2.18% CONSULTING 5.06% MANAGEMENT 2.00% MANAGEMENT 5.01% DEVELOPMENTS 1.09% CONSULTANCY 3.14% CONTRACTS 1.09% PROPERTY 2.36% IRELAND 0.91% TRADING 2.11% ENGINEERING 0.91% ASSOCIATES 1.95% SONS 0.91% DESIGN 1.92% ENTERPRISES 0.73% BUSINESS 1.82% TRADING 0.73% CONSTRUCTION 1.82% PROPERTY 0.73% CONSULTANTS 1.76% CONSTRUCTION 0.73% MEDIA 1.71% MOURNE 0.73% ENGINEERING 1.62% NEWRY 0.73% LONDON 1.60% ENVIRONMENTAL 0.54% CARE 1.45% CLINIC 0.54% INVESTMENTS 1.44% ASSOCIATION 0.54% GLOBAL 1.43% HOUSE 0.54% J 1.42% (N.I.) 0.54% IT 1.41% SALES 0.54% PROPERTIES 1.34% GLOBAL 0.54% INTERNATIONAL 1.34% (N. 0.54% BUILDING 1.34% CARE 0.54% M 1.30% CENTRE 0.54% ELECTRICAL 1.25% MEDIA 0.54% SYSTEMS 1.24% IRELAND) 0.54% S 1.23%
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 149 199,572 7487 - Other business activities 30 63,348 99999 - Dormant Company 25 16,285 9999 - Dormant Company 19 20,144 98000 - Residents property management 10 3,235 82990 - Other business support service activities not elsewhere classified 9 27,550 41201 - Construction of commercial buildings 8 1,462 49410 - Freight transport by road 8 2,008 9800 - Residents Property Management 7 1,563 41202 - Construction of domestic buildings 6 2,127 7499 - Non-trading company 6 12,000 96090 - Other service activities not elsewhere classified 5 8,799 9305 - Other service activities 5 8,858 6024 - Freight transport by road 5 2,401 86900 - Other human health activities 5 3,700 68209 - Other letting and operating of own or leased real estate 5 3,755 62012 - Business and domestic software development 5 2,858 4521 - General construction & civil engineering 4 6,598 4542 - Joinery installation 4 956 43320 - Joinery installation 4 1,135
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI605349 CRS SAFETY LIMITED 02 Dec 2010 NI605354 7 BILLION MEDIA LTD 02 Dec 2010 NI605549 CHIPMASTER AUTO S.M.A.R.T. UK LIMITED 17 Dec 2010 NI605594 NUCON LIMITED 23 Dec 2010 NI605595 DBM CONTRACTS LIMITED 23 Dec 2010 NI605608 BMCN LANGUAGE SERVICES LTD 23 Dec 2010 NI605622 DEALGAN PROPERTIES LTD 29 Dec 2010 NI605333 CROSSMAGLEN REGENERATION CIC 01 Dec 2010 NI605364 MOOS MILKSHAKES LIMITED 02 Dec 2010 NI605470 MCVEIGH PROPERTY SALES LIMITED 09 Dec 2010 NI605493 QUALITY BARGAIN TRADING LTD 13 Dec 2010 NI605555 CREGGAN FARM SUPPLIES LIMITED 17 Dec 2010 NI605566 EMERALD GIFTS LIMITED 20 Dec 2010 NI605596 FORT CONTRACTS LIMITED 23 Dec 2010 NI605618 LOUTH ENVIRONMENTAL GROUP LTD 29 Dec 2010 NI605624 SPACE2TRADE LIMITED 29 Dec 2010 NI605625 MOSA TRUSTEES LIMITED 29 Dec 2010
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