Newry, County Down
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Newry when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Newry when compared to any half year in history.
- April 2014 saw a new record in company registrations in Newry when compared to any previous April.
- June 2014 saw a new record in company closures in Newry when compared to any previous June.
- April 2014 saw a new record in company closures in Newry when compared to any previous April.
- April 2014 saw a new record in net growth in Newry when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Newry when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Newry when compared to any half year in history.
In the first half of 2014 a total of 269 companies were formed in Newry. This figure is 19.0% higher than last year, which compares well to the UK wide figure of 11.6%.
The highest total for a first half year in Newry occurred in 2014 when a total of 269 were formed.
Half Year (Jan-Jun) Newry UK 2014 269 300,731 2013 226 269,432 % change 19.0% 11.6% Record Year 2014 (269) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 123 companies were registered in Newry during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 7.0% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Newry UK 2014 123 150,009 2013 115 134,630 % change 7.0% 11.4% Record Year 2012 (124) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in company registrations in Newry when compared to any previous April.
New Companies by Month
April May June New companies in 2014 54 33 36 New companies in 2013 46 32 37 % change 17.4% 3.1% -2.7% Record Year 2014 (54) 2012 (45) 2010 (43)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 127 companies were dissolved in Newry. This figure is 19.8% higher than last year, which compares badly to the UK wide change of 14.2%.
The highest total for a first half year in Newry occurred in 2010 when a total of 128 were closed.
Half Year (Jan-Jun) Newry UK 2014 127 177,207 2013 106 155,192 % change 19.8% 14.2% Record Year 2010 (128) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 63 companies were dissolved in Newry during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 23.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Newry UK 2014 63 94,837 2013 51 77,278 % change 23.5% 22.7% Record Year 2010 (123) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company closures in Newry when compared to any previous June.
April 2014 saw a new record in company closures in Newry when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2014 16 25 22 Closed companies in 2013 12 22 17 % change 33.3% 13.6% 29% Record Year 2012 (16) 2010 (90) 2014 (22)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Newry increased by 142 companies.
Half Year (Jan-Jun) Newry UK 2014 142 123,524 2013 120 114,240 Record Year 2007 (185) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Newry during the second quarter of 2014 (Apr 2014 - Jun 2014) was 60 companies.
second quarter (Apr 2014 - Jun 2014) Newry UK 2014 60 55,172 2013 64 57,352 Record Year 2007 (84) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in net growth in Newry when compared to any previous April.
Net Growth by Month
April May June Net growth in 2014 38 8 14 Net growth in 2013 34 10 20 Record Year 2014 (38) 2007 (33) 2003 (33)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Newry formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Newry 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1986 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Newry formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Newry 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1986 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 5.8% -4.9% -15.7% Record Year 1926 (1.2%) 1956 (0.3%) 1989 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.1.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 41.5.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Newry was 2008 when 34.6% of all directors were female.
24.4% of all director appointments in Newry in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Newry was in 2008 when 35.3% of all directors were female.
28.3% of all director appointments in Newry in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (NI) 3.81% CONSULTING 5.16% CONSTRUCTION 1.43% MANAGEMENT 4.64% TRANSPORT 1.31% CONSULTANCY 3.50% MANAGEMENT 1.31% PROPERTY 2.66% CONTRACTS 1.19% TRADING 2.03% TRADING 1.19% ENGINEERING 1.99% FUELS 0.95% CONSTRUCTION 1.93% SALES 0.95% LONDON 1.93% PROPERTIES 0.83% CARE 1.85% NEWRY 0.83% DESIGN 1.75% ENTERPRISES 0.72% CONSULTANTS 1.73% ROAD 0.72% BUSINESS 1.69% INVESTMENTS 0.72% PROPERTIES 1.63% J 0.60% TRANSPORT 1.58% C 0.60% GLOBAL 1.55% PROPERTY 0.60% INVESTMENTS 1.55% CONSULTING 0.60% J 1.51% CONSULTANCY 0.60% ASSOCIATES 1.48% NI 0.60% MEDIA 1.44% (N.I.) 0.60% ELECTRICAL 1.40% HIRE 0.60% IT 1.33% FINANCIAL 0.60% DEVELOPMENTS 1.33% MC 0.48% BUILDING 1.26% SOLICITORS 0.48% M 1.24% PLANT 0.48% CO., 1.20%
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 181 261,557 99999 - Dormant Company 38 48,436 49410 - Freight transport by road 28 9,265 96090 - Other service activities not elsewhere classified 21 28,352 41202 - Construction of domestic buildings 20 7,053 41100 - Development of building projects 16 10,527 03110 - Marine fishing 16 327 70229 - Management consultancy activities other than financial management 15 40,250 47990 - Other retail sale not in stores, stalls or markets 14 6,286 68209 - Other letting and operating of own or leased real estate 13 10,133 62020 - Information technology consultancy activities 13 29,029 96020 - Hairdressing and other beauty treatment 12 6,631 62090 - Other information technology service activities 11 13,024 74909 - Other professional, scientific and technical activities not elsewhere classified 10 19,058 32990 - Other manufacturing not elsewhere classified 10 3,534 41201 - Construction of commercial buildings 10 2,219 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 9 3,928 56302 - Public houses and bars 9 6,099 43210 - Electrical installation 9 6,050 68100 - Buying and selling of own real estate 9 6,413
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE NI623788 GRACEY SHELLFISH LIMITED 01 Apr 2014 NI623794 TRADING ON THE LINE LIMITED 01 Apr 2014 NI623806 ATMOSPHERE EVENTS LTD 01 Apr 2014 NI623886 REJUVENATE (NI) LTD 04 Apr 2014 NI623930 BRIC/CRAFT LTD 07 Apr 2014 NI624048 MACC CONSULTANCY LTD 10 Apr 2014 NI624119 ZEN DAY SPA LIMITED 15 Apr 2014 NI624143 CARRAGHEEN DRIVE 1961 LIMITED 16 Apr 2014 NI624187 FRUITS OF THE NORTH ATLANTIC (NI) LIMITED 17 Apr 2014 NI624199 ACE TAXIS LTD 22 Apr 2014 NI624203 EAST COAST TRANSPORT LTD 22 Apr 2014 NI624223 COST CONTROLS LTD 23 Apr 2014 NI624254 ST MARY'S WIND PIONEER LIMITED 24 Apr 2014 NI624287 MORCRETE LTD 25 Apr 2014 NI624336 DAMMAR PROPERTIES LTD 29 Apr 2014 NI623889 MYB PARTNERSHIP LIMITED 04 Apr 2014 NI623890 NOVA SCOTIA LIMITED 04 Apr 2014 NI623906 FRYS TRADING LIMITED 04 Apr 2014 NI623922 MAY RENTALS LTD 07 Apr 2014 NI623929 TRUCK HIRE EUROPEAN LTD 07 Apr 2014 NI624032 BEYOND VANITY HAIR LIMITED 10 Apr 2014 NI624135 GREENFIELD FUELS LIMITED 16 Apr 2014 NI624155 ER HILLCREST LIMITED 16 Apr 2014 NI624283 EVOLENT HEALTH LIMITED 25 Apr 2014 NI624284 LENDING CLUB LIMITED 25 Apr 2014
reports
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2014
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2013
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2012
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2011
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2010