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Newry, County Down

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Newry when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Newry when compared to any half year in history.

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 2011)

    The first half of 2011 saw a new record in company registrations in Newry when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Newry when compared to any half year in history.

    In the first half of 2011 a total of 191 companies were formed in Newry. This figure is 25.7% higher than last year, which compares well to the UK wide figure of 12.3%.

    The highest total for a first half year in Newry occurred in 2011 when a total of 191 were formed.

    Half Year (Jan-Jun)NewryUK
    2011191228,735
    2010152203,749
    % change25.7%12.3%
    Record Year2011 (191)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 88 companies were registered in Newry during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 6.0% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)NewryUK
    201188112,344
    20108398,612
    % change6.0%13.9%
    Record Year 2003 (93) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    New Companies by Month
    AprilMayJune
    New companies in 2011292831
    New companies in 2010182243
    % change61.1%27.3%-27.9%
    Record Year2003 (30)2007 (33)2010 (43)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 125 companies were dissolved in Newry. This figure is 2.3% lower than last year, which compares badly to the UK wide change of -8.6%.

    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
    2011125162,310
    2010128177,631
    % change-2.3%-8.6%
    Record Year2010 (128)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 75 companies were dissolved in Newry during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 39.0% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)NewryUK
    20117571,324
    201012394,954
    % change-39.0%-24.9%
    Record Year 2010 (123) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201194818
    Closed companies in 2010149019
    % change-35.7%-46.7%-5%
    Record Year2010 (14)2010 (90)2010 (19)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Newry increased by 66 companies.

    Half Year (Jan-Jun)NewryUK
    20116666,425
    20102426,118
    Record Year2006 (157)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Newry during the second quarter of 2011 (Apr 2011 - Jun 2011) was 13 companies.

    second quarter (Apr 2011 - Jun 2011)NewryUK
    20111341,020
    2010-403,658
    Record Year 2006 (79) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 201120-2013
    Net growth in 20104-6824
    Record Year2005 (27)2002 (22)2010 (24)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Newry formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.

    Half Year (Jan-Jun)Newry
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1986 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Newry formed 0.1% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Newry
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1986 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change56.0%0.1%-36.2%
    Record Year1982 (0.3%)1986 (0.3%)1989 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 45.4.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 44.1.

    The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in Newry was 1857 when 40.0% of all directors were female.

    23.8% of all director appointments in Newry in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Newry was in 1866 when 66.7% of all directors were female.

    24.6% of all director appointments in Newry in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2010-Jun 2011)

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

    wordpercentageuk worduk percentage
    (NI)2.68%CONSULTING5.09%
    CONTRACTS1.68%MANAGEMENT4.86%
    MANAGEMENT1.51%CONSULTANCY3.17%
    TRANSPORT1.34%PROPERTY2.43%
    PROPERTY1.34%TRADING2.05%
    (N.I.)1.17%DESIGN1.94%
    ENTERPRISES1.17%ASSOCIATES1.92%
    NEWRY1.01%BUSINESS1.87%
    TRADING1.01%CONSTRUCTION1.77%
    IRELAND1.01%CONSULTANTS1.76%
    GROUP0.67%MEDIA1.73%
    STATION0.67%ENGINEERING1.67%
    CONSULTANTS0.67%LONDON1.60%
    CONSTRUCTION0.67%GLOBAL1.46%
    DEVELOPMENTS0.67%J1.44%
    FUELS0.67%CARE1.44%
    HEY0.67%INVESTMENTS1.42%
    SCHOOL0.50%IT1.39%
    PROPERTIES0.50%BUILDING1.32%
    ENVIRONMENTAL0.50%PROPERTIES1.31%
    CLOTHING0.50%ELECTRICAL1.30%
    COMMUNITY0.50%M1.27%
    MEDIA0.50%S1.23%
    HIRE0.50%ENTERPRISES1.20%
    SUPPLIES0.50%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied137202,072
    7487 - Other business activities3560,758
    99999 - Dormant Company2218,918
    9999 - Dormant Company2120,111
    82990 - Other business support service activities not elsewhere classified1030,647
    98000 - Residents property management82,888
    49410 - Freight transport by road72,142
    41202 - Construction of domestic buildings72,238
    9800 - Residents Property Management71,533
    4521 - General construction & civil engineering65,928
    6024 - Freight transport by road62,316
    69201 - Accounting and auditing activities63,394
    68209 - Other letting and operating of own or leased real estate63,790
    96090 - Other service activities not elsewhere classified510,322
    62012 - Business and domestic software development53,262
    43210 - Electrical installation53,085
    86900 - Other human health activities54,154
    9305 - Other service activities59,063
    5530 - Restaurants45,086
    42990 - Construction of other civil engineering projects not elsewhere classified41,431

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI607665 THEFRAMELOFT LTD 01 Jun 2011
    NI607698 HEY PHARMATECH LIMITED 02 Jun 2011
    NI607736 SANDYS STREET PROPERTIES LIMITED 06 Jun 2011
    NI607781 BOTANICA IRELAND LTD 08 Jun 2011
    NI607845 BIO CHIP LTD 10 Jun 2011
    NI607856 POINTSIDE FILLING STATION LTD. 13 Jun 2011
    NI607861 J.I. BROWN LTD 13 Jun 2011
    NI607872 RENATUS SECURITIES LTD. 14 Jun 2011
    NI607883 REED HALL LTD 15 Jun 2011
    NI607918 KYKLOS SYSTEMS LIMITED 20 Jun 2011
    NI607923 JW GLOBAL LTD 20 Jun 2011
    NI607980 PURPLE GUERRILLA LTD 23 Jun 2011
    NI607997 HYDROJET SURFACE CLEANING LTD 24 Jun 2011
    NI608012 ABSOLUTE TECHNICAL SOLUTIONS LTD 27 Jun 2011
    NI608014 YOUR PROPERTY CLAIMS LIMITED 27 Jun 2011
    NI608051 WHOLESALE INK LIMITED 28 Jun 2011
    NI608059 MD LIVESTOCK LTD 29 Jun 2011
    NI607699 WANTSIT LTD 02 Jun 2011
    NI607715 SAWHILL PARK MANAGEMENT CO LTD 03 Jun 2011
    NI607740 GLOBAL ARTS EXCHANGE 06 Jun 2011
    NI607826 ORCHID HAIR CONSULTANTS LTD 10 Jun 2011
    NI607902 KUEVEE PROPERTY CONSULTANTS LTD 16 Jun 2011
    NI607949 REA ASSISTANCE LTD 21 Jun 2011
    NI607992 FORKHILL VAN & CAR SALES LIMITED 23 Jun 2011
    NI608041 FOLDEAZE LTD 28 Jun 2011

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