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Newry, County Down

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company registrations in Newry when compared to any year in history.
  • The second half of 2011 saw a new record in company registrations in Newry when compared to any previous second half year.
  • The second half of 2011 was a record second half year for company registrations in Newry when compared to any half year in history.
  • Q4 2011 saw a new record in company registrations in Newry when compared to any previous Q4.
  • November 2011 saw a new record in company registrations in Newry when compared to any previous November.
  • November 2011 saw a new record in net growth in Newry when compared to any previous November.
  • October 2011 saw a new record in net growth in Newry when compared to any previous October.

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 (2011)

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

    A total of 398 companies were formed in Newry in 2011. This total is 37.2% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearNewryUK
    2011398452,870
    2010290400,358
    2009297362,675
    2008243349,203
    2007292457,649
    Record Year2011 (398)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

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

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

    In the second half of 2011 a total of 207 companies were formed in Newry. This figure is 50.0% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Newry occurred in 2011 when a total of 207 were formed.

    Half Year (Jul-Dec)NewryUK
    2011207224,135
    2010138196,609
    % change50.0%14.0%
    Record Year2011 (207)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company registrations in Newry when compared to any previous Q4.

    A total of 98 companies were registered in Newry during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 66.1% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)NewryUK
    201198109,623
    20105995,117
    % change66.1%15.3%
    Record Year 2011 (98) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in company registrations in Newry when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011264230
    New companies in 2010162617
    % change62.5%61.5%76.5%
    Record Year2003 (36)2011 (42)2008 (39)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 238 companies were dissolved in Newry in 2011. This total is 47.7% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearNewryUK
    2011238314,523
    2010455342,232
    20094533,773
    20081237,901
    20071200,166
    Record Year2010 (455)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 113 companies were dissolved in Newry. This figure is 65.4% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Newry occurred in 2010 when a total of 327 were closed.

    Half Year (Jul-Dec)NewryUK
    2011113152,213
    2010327164,601
    % change-65.4%-7.5%
    Record Year2010 (327)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 54 companies were dissolved in Newry during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 72.2% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)NewryUK
    20115479,983
    201019476,896
    % change-72.2%4.0%
    Record Year 2010 (194) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011131823
    Closed companies in 20101381937
    % change-90.6%-5.3%-38%
    Record Year2010 (138)2010 (19)2010 (37)

Net Company Growth

  1. Annual Data (2011)

    A total of 160 companies were added to the company register for Newry in 2011. This number represents growth of 55.2% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 325 companies higher 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.

    YearNewryUK
    2011160138,347
    2010-16558,126
    2009293-171,098
    2008242111,302
    2007305205,274
    Record Year2003 (334)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Newry increased by 94 companies.

    Half Year (Jul-Dec)NewryUK
    20119471,922
    2010-18932,008
    Record Year2009 (171)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Newry during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 44 companies.

    fourth quarter (Oct 2011 - Dec 2011)NewryUK
    20114429,640
    2010-13518,221
    Record Year 2009 (91) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in net growth in Newry when compared to any previous November.

    October 2011 saw a new record in net growth in Newry when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201113247
    Net growth in 2010-1227-20
    Record Year2011 (13)2011 (24)2008 (38)

UK Company Share

  1. Annual Data (2011)

    In 2011 Newry formed 0.1% of all UK companies. This is no change on 2010 when Newry was responsible for 0.1% of all UK companies.

    YearNewry
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960)1986 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

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

    Half Year (Jul-Dec)Newry
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Newry
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1975 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.0%0.1%0.1%
    % change41.2%37.6%56.3%
    Record Year1975 (0.5%)1968 (0.5%)1992 (0.2%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 44.0.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 42.6.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 43.8.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 27.9%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Newry was 1860 when 42.9% of all directors were female.

    28.4% of all director appointments in Newry in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Newry was in 1977 when 31.1% of all directors were female.

    33.1% of all director appointments in Newry in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (NI)3.17%CONSULTING5.07%
    TRADING1.87%MANAGEMENT4.74%
    TRANSPORT1.44%CONSULTANCY3.26%
    (N.I.)1.44%PROPERTY2.37%
    CONSTRUCTION1.30%TRADING2.07%
    CONTRACTS1.30%DESIGN1.92%
    PROPERTY1.15%ASSOCIATES1.86%
    ENTERPRISES1.01%ENGINEERING1.78%
    NEWRY0.86%BUSINESS1.78%
    PROPERTIES0.86%CONSULTANTS1.76%
    FUELS0.86%CONSTRUCTION1.73%
    MANAGEMENT0.72%MEDIA1.71%
    ENGINEERING0.72%LONDON1.63%
    DESIGN0.72%J1.51%
    ELECTRICAL0.72%INVESTMENTS1.48%
    ENERGY0.72%GLOBAL1.46%
    CONSULTANTS0.58%IT1.41%
    HEY0.58%CARE1.39%
    IRELAND0.58%PROPERTIES1.29%
    GLOBAL0.58%ELECTRICAL1.29%
    MOURNE0.58%M1.27%
    FISHING0.58%BUILDING1.26%
    WHOLESALE0.58%ENERGY1.25%
    SUPPLIES0.58%S1.20%
    NI0.43%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied139205,525
    7487 - Other business activities3557,052
    9999 - Dormant Company2720,199
    99999 - Dormant Company2521,846
    82990 - Other business support service activities not elsewhere classified1332,483
    98000 - Residents property management102,874
    4521 - General construction & civil engineering105,558
    41202 - Construction of domestic buildings92,598
    49410 - Freight transport by road82,392
    9800 - Residents Property Management81,451
    9305 - Other service activities79,492
    86900 - Other human health activities64,457
    41201 - Construction of commercial buildings61,500
    96090 - Other service activities not elsewhere classified511,768
    43320 - Joinery installation51,158
    69201 - Accounting and auditing activities53,633
    68209 - Other letting and operating of own or leased real estate54,082
    6024 - Freight transport by road52,280
    62012 - Business and domestic software development53,714
    5530 - Restaurants55,013

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI609817 ENTREPRENEUR INC LIMITED 07 Nov 2011
    NI609847 LYTE TRADING LIMITED 08 Nov 2011
    NI609848 EMCA MANAGEMENT LIMITED 08 Nov 2011
    NI609849 MILL TRADING LIMITED 08 Nov 2011
    NI609850 TY TRADING LIMITED 08 Nov 2011
    NI609900 RAPTURE TEENAGE DISCO LTD 11 Nov 2011
    NI609963 FORSYTHE PENDLETON JONES LTD. 16 Nov 2011
    NI609990 SND (NI) LIMITED 18 Nov 2011
    NI610014 MULVAR LTD 21 Nov 2011
    NI610031 DEALTRONIC LTD. 22 Nov 2011
    NI610052 SWALLOW GROUPAGE SERVICES LIMITED 23 Nov 2011
    NI610067 DIZZYLAND FUN FAIRS LTD 23 Nov 2011
    NI610068 DIZZYLANDS FUN FAIRS LTD 23 Nov 2011
    NI610077 MCGOVERN CONSTRUCTION (NI) LTD 24 Nov 2011
    NI610078 SKYSHADES IRL LIMITED 24 Nov 2011
    NI610141 SOS MERCEDES LIMITED 29 Nov 2011
    NI609770 MCD TRANSPORT LTD 02 Nov 2011
    NI609809 MAYA CAFE COMPANY LTD 04 Nov 2011
    NI609811 ENERGAIR LTD 07 Nov 2011
    NI609878 MCK ELECTRICAL LIMITED 10 Nov 2011
    NI609914 AWAYONBIZ LIMITED 14 Nov 2011
    NI609927 MEDICO LEGAL (N.I.) LTD 14 Nov 2011
    NI610130 FERNVIEW TRADE LTD 28 Nov 2011
    NI610169 UNIPET FOODS (N.I.) LIMITED 30 Nov 2011
    NI610170 GOLANI WHOLESALE (N.I.) LIMITED 30 Nov 2011

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