Newry, County Down

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Newry when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Newry when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Newry when compared to any previous Q4.
  • October 2012 saw a new record in company registrations in Newry when compared to any previous October.
  • October 2012 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 (2012)

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

    A total of 448 companies were formed in Newry in 2012. This total is 12.6% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearNewryUK
    2012448491,893
    2011398452,870
    2010290400,358
    2009297362,675
    2008243349,203
    Record Year2012 (448)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

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

    In the second half of 2012 a total of 211 companies were formed in Newry. This figure is 1.9% higher than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Newry occurred in 2012 when a total of 211 were formed.

    Half Year (Jul-Dec)NewryUK
    2012211238,743
    2011207224,135
    % change1.9%6.5%
    Record Year2012 (211)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Newry when compared to any previous Q4.

    A total of 106 companies were registered in Newry during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 8.2% versus the same period last year (Q4 2011). This figure compares equally to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)NewryUK
    2012106119,875
    201198109,623
    % change8.2%9.4%
    Record Year 2012 (106) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012424123
    New companies in 2011264230
    % change61.5%-2.4%-23.3%
    Record Year2012 (42)2011 (42)2008 (39)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 211 companies were dissolved in Newry in 2012. This total is 11.3% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearNewryUK
    2012211293,728
    2011238314,524
    2010455342,233
    20094533,787
    20081237,873
    Record Year2010 (455)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 102 companies were dissolved in Newry. This figure is 9.7% lower than last year, which compares well to the UK wide change of -4.1%.

    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
    2012102145,934
    2011113152,213
    % change-9.7%-4.1%
    Record Year2010 (327)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 45 companies were dissolved in Newry during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 16.7% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)NewryUK
    20124570,026
    20115479,983
    % change-16.7%-12.4%
    Record Year 2010 (194) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201220178
    Closed companies in 2011131823
    % change53.8%-5.6%-65%
    Record Year2010 (138)2010 (19)2010 (37)

Net Company Growth

  1. Annual Data (2012)

    A total of 237 companies were added to the company register for Newry in 2012. This number represents growth of 59.5% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 77 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
    2012237198,165
    2011160138,346
    2010-16558,125
    2009293-171,112
    2008242111,330
    Record Year2003 (334)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Newry increased by 109 companies.

    Half Year (Jul-Dec)NewryUK
    201210992,809
    20119471,922
    Record Year2009 (171)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Newry during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 61 companies.

    fourth quarter (Oct 2012 - Dec 2012)NewryUK
    20126149,849
    20114429,640
    Record Year 2009 (91) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012222415
    Net growth in 201113247
    Record Year2012 (22)2011 (24)2008 (38)

UK Company Share

  1. Annual Data (2012)

    In 2012 Newry formed 0.1% of all UK companies. This is no change on 2011 when Newry was responsible for 0.1% of all UK companies.

    YearNewry
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960)1986 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

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

    Half Year (Jul-Dec)Newry
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Newry
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1975 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change35.7%-7.1%-25.3%
    Record Year1975 (0.5%)1968 (0.5%)1992 (0.2%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.2.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 42.7.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 42.6.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Newry was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Newry in 2012 was 33.0%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    26.8% of all director appointments in Newry in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Newry was in 1977 when 31.2% of all directors were female.

    22.5% of all director appointments in Newry in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    (NI)3.83%CONSULTING5.15%
    CONTRACTS1.28%MANAGEMENT4.78%
    TRADING1.02%CONSULTANCY3.31%
    (N.I.)1.02%PROPERTY2.40%
    NEWRY1.02%TRADING2.03%
    SALES0.89%DESIGN1.86%
    ENGINEERING0.89%ASSOCIATES1.82%
    DEVELOPMENTS0.89%ENGINEERING1.79%
    IRL0.77%BUSINESS1.76%
    MANAGEMENT0.77%CONSULTANTS1.75%
    ENTERPRISES0.77%CONSTRUCTION1.69%
    FUELS0.77%LONDON1.69%
    PROPERTIES0.77%MEDIA1.69%
    TRANSPORT0.77%GLOBAL1.59%
    GH0.64%J1.57%
    CONSULTING0.64%INVESTMENTS1.46%
    PUBS0.64%IT1.43%
    CLUB0.64%CARE1.39%
    MGH0.64%PROPERTIES1.34%
    PROPERTY0.64%M1.26%
    SUPPLIES0.64%BUILDING1.23%
    CENTRE0.51%ENTERPRISES1.21%
    DESIGN0.51%TRAINING1.18%
    IRELAND0.51%ELECTRICAL1.17%
    MOURNE0.51%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied144236,139
    99999 - Dormant Company4040,648
    82990 - Other business support service activities not elsewhere classified1752,427
    03110 - Marine fishing15218
    49410 - Freight transport by road145,165
    41202 - Construction of domestic buildings134,882
    96090 - Other service activities not elsewhere classified1022,058
    74990 - Non-trading company1013,808
    41100 - Development of building projects107,980
    68209 - Other letting and operating of own or leased real estate96,971
    68320 - Management of real estate on a fee or contract basis94,936
    32990 - Other manufacturing not elsewhere classified92,834
    41201 - Construction of commercial buildings72,118
    7487 - Other business activities710,703
    62012 - Business and domestic software development77,446
    62020 - Information technology consultancy activities723,256
    42990 - Construction of other civil engineering projects not elsewhere classified72,185
    69201 - Accounting and auditing activities76,177
    74909 - Other professional, scientific and technical activities not elsewhere classified715,572
    98000 - Residents property management74,377

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI615845 BURNS VENTURES LIMITED 06 Dec 2012
    NI615868 HENNESSYJAMES LTD 10 Dec 2012
    NI615918 ENSOL RETAINING STRUCTURES LIMITED 12 Dec 2012
    NI615948 JUOOT LIMITED 14 Dec 2012
    NI615951 GRINIANVALE PROPERTIES LIMITED 14 Dec 2012
    NI615996 B & E MOTORS LIMITED 18 Dec 2012
    NI616012 MCR BLOODSTOCK LTD 18 Dec 2012
    NI616037 JECK LTD 19 Dec 2012
    NI616050 COLLINS & CO (NI) LTD 20 Dec 2012
    NI616072 WOLFHILL DEVELOPMENTS LIMITED 21 Dec 2012
    NI616102 JUST DONATE RECYCLING NI 31 Dec 2012
    NI616108 K JENNINGS & CO LTD 31 Dec 2012
    NI615789 B S P CONTRACTS LTD 04 Dec 2012
    NI615808 DIGILUX LIMITED 05 Dec 2012
    NI615843 THE MILLVALE ARMS LTD 06 Dec 2012
    NI615844 MILLVALE PROPERTIES (N.I.) LTD 06 Dec 2012
    NI615917 GREEN WORLD TEXTILES LIMITED 12 Dec 2012
    NI615941 SEAN MURPHY PROPERTY LET LIMITED 13 Dec 2012
    NI615958 ARMAGH EXPORTS LTD 14 Dec 2012
    NI615975 NCPT LIMITED 17 Dec 2012
    NI616010 W.I. HILL HOLDINGS LIMITED 18 Dec 2012
    NI616036 VICTORIA HINCU I & T LIMITED 19 Dec 2012
    NI616093 GARETH THOMPSON TRANSPORT LIMITED 28 Dec 2012

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