Newry, County Down
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- The second half of 2013 saw a new record in company registrations in Newry when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Newry when compared to any previous Q4.
- October 2013 saw a new record in company registrations in Newry when compared to any previous October.
- November 2013 saw a new record in company closures in Newry when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2013)
A total of 444 companies were formed in Newry in 2013. This total is 0.9% lower than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Newry UK 2013 444 529,363 2012 448 491,893 2011 398 452,870 2010 290 400,358 2009 297 362,675 Record Year 2012 (448) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Newry when compared to any previous second half year.
In the second half of 2013 a total of 218 companies were formed in Newry. This figure is 3.3% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Newry occurred in 2013 when a total of 218 were formed.
Half Year (Jul-Dec) Newry UK 2013 218 259,931 2012 211 238,743 % change 3.3% 8.9% Record Year 2013 (218) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Newry when compared to any previous Q4.
A total of 107 companies were registered in Newry during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 0.9% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Newry UK 2013 107 127,247 2012 106 119,875 % change 0.9% 6.1% Record Year 2013 (107) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company registrations in Newry when compared to any previous October.
New Companies by Month
October November December New companies in 2013 44 33 30 New companies in 2012 42 41 23 % change 4.8% -19.5% 30.4% Record Year 2013 (44) 2011 (42) 2008 (39)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 215 companies were dissolved in Newry in 2013. This total is 1.9% higher than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Newry UK 2013 215 332,213 2012 211 293,729 2011 238 314,524 2010 455 342,233 2009 4 533,789 Record Year 2010 (455) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 109 companies were dissolved in Newry. This figure is 6.9% higher than last year, which compares well to the UK wide change of 21.3%.
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 2013 109 177,021 2012 102 145,935 % change 6.9% 21.3% Record Year 2010 (327) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 49 companies were dissolved in Newry during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 8.9% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Newry UK 2013 49 90,851 2012 45 70,027 % change 8.9% 29.7% Record Year 2010 (194) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in company closures in Newry when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2013 12 21 16 Closed companies in 2012 20 17 8 % change -40.0% 23.5% 100% Record Year 2010 (138) 2013 (21) 2010 (37)
Net Company Growth
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Annual Data (2013)
A total of 229 companies were added to the company register for Newry in 2013. This number represents growth of 51.6% in the total number of active companies, which compares favourably to the UK figure of 37.2%.
This number is 8 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2006 when the Newry company register grew by 305 companies.
Year Newry UK 2013 229 197,150 2012 237 198,164 2011 160 138,346 2010 -165 58,125 2009 293 -171,114 Record Year 2006 (305) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Newry increased by 109 companies.
Half Year (Jul-Dec) Newry UK 2013 109 82,910 2012 109 92,808 Record Year 2009 (171) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Newry during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 58 companies.
fourth quarter (Oct 2013 - Dec 2013) Newry UK 2013 58 36,396 2012 61 49,848 Record Year 2009 (91) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 32 12 14 Net growth in 2012 22 24 15 Record Year 2003 (36) 2009 (36) 2008 (38)
UK Company Share
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Annual Data (2013)
In 2013 Newry formed 0.1% of all UK companies. This is no change on 2012 when Newry was responsible for 0.1% of all UK companies.
Year Newry 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1986 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Newry formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Newry 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Newry formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Newry 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1975 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change -2.6% -20.9% 18.6% Record Year 1930 (1.4%) 1968 (0.5%) 1952 (0.5%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.1.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 42.8.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.4.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.4% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Newry was 1968 when 66.7% of all directors were female.
The percentage of female directors in Newry in 2013 was 28.2%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Newry was 2007 when 33.3% of all directors were female.
28.3% of all director appointments in Newry in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Newry was in 2008 when 35.4% of all directors were female.
32.0% of all director appointments in Newry in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 4.12% CONSULTING 5.22% PROPERTY 1.03% MANAGEMENT 4.72% CENTRE 1.03% CONSULTANCY 3.45% CONSTRUCTION 1.03% PROPERTY 2.59% TRADING 1.03% TRADING 2.08% CONTRACTS 0.90% ENGINEERING 1.87% NEWRY 0.90% LONDON 1.86% FUELS 0.90% DESIGN 1.76% INVESTMENTS 0.90% CONSTRUCTION 1.73% NI 0.90% CARE 1.73% DEVELOPMENTS 0.90% BUSINESS 1.71% HAULAGE 0.77% CONSULTANTS 1.68% PROPERTIES 0.77% GLOBAL 1.58% CO 0.77% INVESTMENTS 1.56% MANAGEMENT 0.77% PROPERTIES 1.54% (N.I.) 0.64% ASSOCIATES 1.53% ENGINEERING 0.64% J 1.51% HOUSE 0.64% MEDIA 1.50% ENTERPRISES 0.64% IT 1.35% TRANSPORT 0.64% DEVELOPMENTS 1.23% BEAUTY 0.52% M 1.23% ASSOCIATION 0.52% BUILDING 1.21% SALES 0.52% ELECTRICAL 1.20% WIND 0.52% CAPITAL 1.19% MOURNE 0.52% ENERGY 1.14%
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 185 266,814 99999 - Dormant Company 45 46,762 49410 - Freight transport by road 22 7,333 96090 - Other service activities not elsewhere classified 20 26,001 41202 - Construction of domestic buildings 19 6,191 03110 - Marine fishing 17 285 68209 - Other letting and operating of own or leased real estate 13 8,733 32990 - Other manufacturing not elsewhere classified 12 3,340 62020 - Information technology consultancy activities 11 27,183 82990 - Other business support service activities not elsewhere classified 11 55,342 41201 - Construction of commercial buildings 11 2,042 47990 - Other retail sale not in stores, stalls or markets 11 5,800 70229 - Management consultancy activities other than financial management 11 36,164 41100 - Development of building projects 9 9,485 62090 - Other information technology service activities 9 12,511 96020 - Hairdressing and other beauty treatment 9 6,000 68320 - Management of real estate on a fee or contract basis 9 5,236 74909 - Other professional, scientific and technical activities not elsewhere classified 9 18,034 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 9 3,540 74990 - Non-trading company 8 14,223
Recent Companies
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Randomly selected companies from this quarter
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