Newtownards, County Down

2010 Annual Business Confidence Report

Headlines

  • The second half of 2010 saw a new record in company registrations in Newtownards when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Newtownards when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Newtownards when compared to any previous November.
  • 2010 was a record year for company closures in Newtownards when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Newtownards when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company closures in Newtownards when compared to any half year in history.
  • Q4 2010 saw a new record in company closures in Newtownards when compared to any previous Q4.
  • December 2010 saw a new record in company closures in Newtownards when compared to any previous December.
  • November 2010 saw a new record in company closures in Newtownards when compared to any previous November.
  • October 2010 saw a new record in company closures in Newtownards when compared to any previous October.
  • October 2010 was a record month for company closures in Newtownards when compared to any month in history.
  • Q4 2010 saw a new record in net growth in Newtownards when compared to any previous Q4.
  • December 2010 saw a new record in net growth in Newtownards when compared to any previous December.
  • November 2010 saw a new record in net growth in Newtownards when compared to any previous November.
  • October 2010 saw a new record in net growth in Newtownards 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 (2010)

    A total of 126 companies were formed in Newtownards in 2010. This total is 44.8% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearNewtownardsUK
    2010126400,358
    200987362,675
    200873349,203
    2007142457,649
    2006113405,440
    Record Year2007 (142)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Newtownards when compared to any previous second half year.

    In the second half of 2010 a total of 72 companies were formed in Newtownards. This figure is 38.5% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Newtownards occurred in 2010 when a total of 72 were formed.

    Half Year (Jul-Dec)NewtownardsUK
    201072196,609
    200952180,654
    % change38.5%8.8%
    Record Year2010 (72)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Newtownards when compared to any previous Q4.

    A total of 39 companies were registered in Newtownards during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 50.0% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)NewtownardsUK
    20103995,117
    20092685,983
    % change50.0%10.6%
    Record Year 2010 (39) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Newtownards when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201017157
    New companies in 20096128
    % change183.3%25.0%-12.5%
    Record Year2010 (17)2010 (15)2006 (17)

Closed Companies (dissolved)

  1. Annual Data (2010)

    2010 was a record year for company closures in Newtownards when compared to any year in history.

    A total of 160 companies were dissolved in Newtownards in 2010. This total is 15,900.0% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearNewtownardsUK
    2010160342,232
    20091533,773
    20081200,166
    20071189,329
    20062163,577
    Record Year2010 (160)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company closures in Newtownards when compared to any previous second half year.

    The second half of 2010 was a record second half year for company closures in Newtownards when compared to any half year in history.

    In the second half of 2010 a total of 117 companies were dissolved in Newtownards. This figure is 0.0% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Newtownards occurred in 2010 when a total of 117 were closed.

    Half Year (Jul-Dec)NewtownardsUK
    2010117164,601
    2010117244,537
    % change0.0%-32.7%
    Record Year2010 (117)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Newtownards when compared to any previous Q4.

    A total of 57 companies were dissolved in Newtownards during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 0.0% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)NewtownardsUK
    20105776,896
    20095785,136
    % change0.0%-9.7%
    Record Year 2010 (57) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company closures in Newtownards when compared to any previous December.

    November 2010 saw a new record in company closures in Newtownards when compared to any previous November.

    October 2010 saw a new record in company closures in Newtownards when compared to any previous October.

    October 2010 was a record month for company closures in Newtownards when compared to any month in history.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201039117
    Closed companies in 201039117
    % change0.0%0.0%0%
    Record Year2010 (39)2010 (11)2010 (7)

Net Company Growth

  1. Annual Data (2010)

    A total of -34 companies were removed to the company register for Newtownards in 2010. This number represents decline of 39.1% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 120 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2006 when the Newtownards company register grew by 112 companies.

    YearNewtownardsUK
    2010-3458,126
    200986-171,098
    2008112205,274
    2007107178,360
    200686135,824
    Record Year2006 (112)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Newtownards decreased by 45 companies.

    Half Year (Jul-Dec)NewtownardsUK
    2010-4532,008
    200960117,772
    Record Year2006 (60)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in net growth in Newtownards when compared to any previous Q4.

    Net company growth for Newtownards during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -18 companies.

    fourth quarter (Oct 2010 - Dec 2010)NewtownardsUK
    2010-1818,221
    2009-1857,175
    Record Year 2010 (-18) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Newtownards when compared to any previous December.

    November 2010 saw a new record in net growth in Newtownards when compared to any previous November.

    October 2010 saw a new record in net growth in Newtownards when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-2240
    Net growth in 2010-2240
    Record Year2010 (-22)2010 (4)2010 (0)

UK Company Share

  1. Annual Data (2010)

    In 2010 Newtownards formed 0.0% of all UK companies. This is no change on 2009 when Newtownards was responsible for 0.0% of all UK companies.

    YearNewtownards
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960)1965 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Newtownards formed 0.0% of all UK companies. This is the same as the 2009 figure of 0.0%.

    Half Year (Jul-Dec)Newtownards
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Newtownards formed 0.0% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Newtownards
    20100.0%
    20090.0%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.0%0.0%
    UK formation share in 20090.0%0.0%0.0%
    % change147.5%11.8%-16.8%
    Record Year1970 (0.3%)1965 (0.4%)1966 (0.2%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.2.

    The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.0.

    The percentage of directors under the age of 25 was 5.4% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.9.

    The percentage of directors under the age of 25 was 7.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Newtownards was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Newtownards in 2010 was 32.3%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

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

    23.8% of all director appointments in Newtownards in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    24.0% of all director appointments in Newtownards in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.76%CONSULTING5.06%
    ENTERPRISES1.18%MANAGEMENT5.01%
    CONTRACTS1.18%CONSULTANCY3.14%
    HOME1.18%PROPERTY2.36%
    ARDMINNAN1.18%TRADING2.11%
    (NI)1.18%ASSOCIATES1.95%
    FINANCIAL1.18%DESIGN1.92%
    CONSTRUCTION1.18%BUSINESS1.82%
    P0.79%CONSTRUCTION1.82%
    INNOVATIONS0.79%CONSULTANTS1.76%
    N0.79%MEDIA1.71%
    CONSULTANCY0.79%ENGINEERING1.62%
    PARTNERSHIP0.79%LONDON1.60%
    COMBER0.79%CARE1.45%
    ELECTRICAL0.79%INVESTMENTS1.44%
    COMMERCIAL0.79%GLOBAL1.43%
    RESIDENTIAL0.79%J1.42%
    DESIGN0.79%IT1.41%
    CUAN0.79%PROPERTIES1.34%
    ARD0.79%INTERNATIONAL1.34%
    CARE0.79%BUILDING1.34%
    R0.79%M1.30%
    PENINSULA0.79%ELECTRICAL1.25%
    GILMORE0.79%SYSTEMS1.24%
    DEVELOPMENTS0.79%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied35199,572
    7487 - Other business activities1163,348
    9999 - Dormant Company720,144
    68320 - Management of real estate on a fee or contract basis43,097
    9305 - Other service activities48,858
    43390 - Other building completion and finishing32,522
    4521 - General construction & civil engineering36,598
    5530 - Restaurants34,939
    66220 - Activities of insurance agents and brokers3395
    7032 - Manage real estate, fee or contract22,235
    03110 - Marine fishing2151
    86900 - Other human health activities23,700
    64999 - Financial intermediation not elsewhere classified22,527
    5242 - Retail sale of clothing21,619
    7470 - Other cleaning activities21,315
    99999 - Dormant Company216,285
    5246 - Retail hardware, paints & glass2114
    56101 - Licensed restaurants22,446
    85590 - Other education not elsewhere classified21,926
    69201 - Accounting and auditing activities23,088

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI605083 WD AUCTIONS LIMITED 11 Nov 2010
    NI605324 SG DEVELOPMENTS 2010 LTD 30 Nov 2010
    NI604940 SHANNON MARKETING LTD 01 Nov 2010
    NI605000 PENINSULA CARE SERVICES (NI) LTD 05 Nov 2010
    NI605012 ECLAT CONTRACTS LTD 08 Nov 2010
    NI605016 INTEGRA BUSINESS CONSULTANTS LIMITED 08 Nov 2010
    NI605018 FR VENTURES LTD 08 Nov 2010
    NI605039 TAMBORAN RESOURCES (UK) LIMITED 10 Nov 2010
    NI605040 C.S BODY REPAIRS LTD 10 Nov 2010
    NI605066 SERVICE CARE D.A.R. LTD 10 Nov 2010
    NI605177 SEAN THOMAS SOURCING LIMITED 19 Nov 2010
    NI605218 JCASC LIMITED 23 Nov 2010
    NI605240 JM ELECTRICS LTD 25 Nov 2010
    NI605245 BACKSPINDLE GAMES LIMITED 25 Nov 2010
    NI605316 MOTOR SPORT TRAILERS LTD 30 Nov 2010

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