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Newry, County Down

2012 Half Year Business Confidence Report

Headlines

  • The first half of 2012 saw a new record in company registrations in Newry when compared to any previous first half year.
  • The first half of 2012 was a record first half year for company registrations in Newry when compared to any half year in history.
  • Q2 2012 saw a new record in company registrations in Newry when compared to any previous Q2.
  • Q2 2012 was a record quarter for company registrations in Newry when compared to any quarter in history.
  • May 2012 saw a new record in company registrations in Newry when compared to any previous May.
  • April 2012 saw a new record in company registrations in Newry when compared to any previous April.
  • June 2012 saw a new record in company closures in Newry when compared to any previous June.
  • April 2012 saw a new record in company closures in Newry when compared to any previous April.
  • May 2012 saw a new record in net growth in Newry when compared to any previous May.

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 2012)

    The first half of 2012 saw a new record in company registrations in Newry when compared to any previous first half year.

    The first half of 2012 was a record first half year for company registrations in Newry when compared to any half year in history.

    In the first half of 2012 a total of 237 companies were formed in Newry. This figure is 24.1% higher than last year, which compares well to the UK wide figure of 10.7%.

    The highest total for a first half year in Newry occurred in 2012 when a total of 237 were formed.

    Half Year (Jan-Jun)NewryUK
    2012237253,150
    2011191228,735
    % change24.1%10.7%
    Record Year2012 (237)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Q2 2012 saw a new record in company registrations in Newry when compared to any previous Q2.

    Q2 2012 was a record quarter for company registrations in Newry when compared to any quarter in history.

    A total of 124 companies were registered in Newry during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 40.9% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)NewryUK
    2012124121,659
    201188112,344
    % change40.9%8.3%
    Record Year 2012 (124) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    May 2012 saw a new record in company registrations in Newry when compared to any previous May.

    April 2012 saw a new record in company registrations in Newry when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2012404539
    New companies in 2011292831
    % change37.9%60.7%25.8%
    Record Year2012 (40)2012 (45)2010 (43)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 109 companies were dissolved in Newry. This figure is 12.8% lower than last year, which compares well to the UK wide change of -8.9%.

    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
    2012109147,793
    2011125162,310
    % change-12.8%-8.9%
    Record Year2010 (128)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 57 companies were dissolved in Newry during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 24.0% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)NewryUK
    20125780,218
    20117571,324
    % change-24.0%12.5%
    Record Year 2010 (123) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    June 2012 saw a new record in company closures in Newry when compared to any previous June.

    April 2012 saw a new record in company closures in Newry when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012162021
    Closed companies in 201194818
    % change77.8%-58.3%17%
    Record Year2012 (16)2010 (90)2012 (21)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Newry increased by 128 companies.

    Half Year (Jan-Jun)NewryUK
    2012128105,357
    20116666,425
    Record Year2006 (157)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Newry during the second quarter of 2012 (Apr 2012 - Jun 2012) was 67 companies.

    second quarter (Apr 2012 - Jun 2012)NewryUK
    20126741,441
    20111341,020
    Record Year 2006 (79) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    May 2012 saw a new record in net growth in Newry when compared to any previous May.

    Net Growth by Month
    AprilMayJune
    Net growth in 2012242518
    Net growth in 201120-2013
    Record Year2005 (27)2012 (25)2010 (24)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Newry formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.

    Half Year (Jan-Jun)Newry
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1986 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Newry formed 0.1% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Newry
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1986 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change16.2%40.9%34.4%
    Record Year1982 (0.3%)1986 (0.3%)1989 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 42.5.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 43.1.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Newry was 1861 when 40.0% of all directors were female.

    23.3% of all director appointments in Newry in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Newry was in 1866 when 57.1% of all directors were female.

    26.8% of all director appointments in Newry in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    (NI)3.13%CONSULTING5.07%
    TRADING1.69%MANAGEMENT4.74%
    CONTRACTS1.30%CONSULTANCY3.28%
    NEWRY1.17%PROPERTY2.35%
    CONSTRUCTION1.17%TRADING2.10%
    (N.I.)1.17%DESIGN1.89%
    PROPERTIES1.04%ENGINEERING1.87%
    ENGINEERING0.91%ASSOCIATES1.82%
    TRANSPORT0.91%CONSULTANTS1.78%
    DEVELOPMENTS0.91%CONSTRUCTION1.71%
    ENTERPRISES0.91%BUSINESS1.70%
    CLUB0.78%MEDIA1.69%
    FUELS0.78%LONDON1.68%
    MANAGEMENT0.78%J1.57%
    DESIGN0.65%GLOBAL1.51%
    MOURNE0.65%INVESTMENTS1.48%
    IRELAND0.65%IT1.42%
    PROPERTY0.65%CARE1.31%
    GH0.65%PROPERTIES1.31%
    CONSULTING0.65%M1.26%
    SALES0.65%ELECTRICAL1.23%
    VIEW0.65%BUILDING1.23%
    ELECTRICAL0.52%SECURITY1.19%
    FOODS0.52%S1.18%
    RETAIL0.52%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied143244,457
    7487 - Other business activities2647,029
    99999 - Dormant Company2626,088
    9999 - Dormant Company2216,469
    82990 - Other business support service activities not elsewhere classified1435,447
    49410 - Freight transport by road132,912
    41202 - Construction of domestic buildings103,185
    62012 - Business and domestic software development84,742
    4521 - General construction & civil engineering84,644
    03110 - Marine fishing8130
    9800 - Residents Property Management81,321
    9305 - Other service activities77,926
    74990 - Non-trading company79,706
    98000 - Residents property management63,001
    86900 - Other human health activities55,222
    47300 - Retail sale of automotive fuel in specialised stores5112
    96090 - Other service activities not elsewhere classified514,220
    5530 - Restaurants54,037
    41100 - Development of building projects55,149
    32990 - Other manufacturing not elsewhere classified51,870

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI612515 NEWRY PARISH CENTRE 01 May 2012
    NI612557 GEMPATH LTD 03 May 2012
    NI612567 WARRENPOINT GOLF CLUB LIMITED 03 May 2012
    NI612570 SAM MCCULLOUGH (2012) LTD 03 May 2012
    NI612693 A.R. MARINE ENGINEERING LIMITED 14 May 2012
    NI612768 BALI-HAI PROPERTIES LTD 17 May 2012
    NI612796 MURPAR COUNTRY MUSIC LIMITED 18 May 2012
    NI612879 CCR DISTRIBUTION LIMITED 24 May 2012
    NI612946 GH GAMING LTD 29 May 2012
    NI612947 MJ PLUMBING CONTRACTS LTD 29 May 2012
    NI612948 GH ON COURSE LTD 29 May 2012
    NI612949 GH COALISLAND LTD 29 May 2012
    NI612950 GH DUNGANNON LTD 29 May 2012
    NI612995 THE OAKS BAR LIMITED 31 May 2012
    NI612501 GULLION COURT COFFEE AND TEA LIMITED 01 May 2012
    NI612513 CLOUD 9 COMMERCIAL INNOVATIONS LIMITED 01 May 2012
    NI612612 THE TYRE & AUTO CENTRE LTD 08 May 2012
    NI612619 MULLAGHBAWN FUEL OILS LIMITED 08 May 2012
    NI612638 AVETAR LTD 09 May 2012
    NI612646 BROAD PK LTD 10 May 2012
    NI612762 MCG EQUIPMENT EXPORTERS LTD 16 May 2012
    NI612782 SHP (NI) LTD 17 May 2012
    NI612847 ST. BRIGID'S ACCORDION BAND LTD 22 May 2012
    NI612850 TASKC LIMITED 22 May 2012
    NI612914 TN TEL LIMITED 28 May 2012

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