Newtownards, County Down

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Newtownards when compared to any year in history.

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 (2014)

    2014 was a record year for company registrations in Newtownards when compared to any year in history.

    A total of 163 companies were formed in Newtownards in 2014. This total is 30.4% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearNewtownardsUK
    2014163582,051
    2013125529,363
    2012155491,893
    2011141452,870
    2010126400,358
    Record Year2014 (163)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 73 companies were formed in Newtownards. This figure is 9.0% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Newtownards occurred in 2011 when a total of 75 were formed.

    Half Year (Jul-Dec)NewtownardsUK
    201473281,320
    201367259,931
    % change9.0%8.2%
    Record Year2011 (75)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 34 companies were registered in Newtownards during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 3.0% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)NewtownardsUK
    201434137,906
    201333127,247
    % change3.0%8.4%
    Record Year 2010 (39) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201415127
    New companies in 201313137
    % change15.4%-7.7%0.0%
    Record Year2006 (17)2012 (17)2006 (17)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 98 companies were dissolved in Newtownards in 2014. This total is 15.3% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearNewtownardsUK
    201498367,937
    201385332,213
    2012100293,729
    201197314,524
    2010160342,233
    Record Year2010 (160)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 48 companies were dissolved in Newtownards. This figure is 6.7% higher than last year, which compares well to the UK wide change of 7.7%.

    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
    201448190,730
    201345177,021
    % change6.7%7.7%
    Record Year2010 (117)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 22 companies were dissolved in Newtownards during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 4.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)NewtownardsUK
    20142289,060
    20132190,851
    % change4.8%-2.0%
    Record Year 2010 (57) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014778
    Closed companies in 20131083
    % change-30.0%-12.5%167%
    Record Year2010 (39)2010 (11)2011 (12)

Net Company Growth

  1. Annual Data (2014)

    A total of 65 companies were added to the company register for Newtownards in 2014. This number represents growth of 39.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 25 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Newtownards company register grew by 142 companies.

    YearNewtownardsUK
    201465214,114
    201340197,150
    201255198,164
    201144138,346
    2010-3458,125
    Record Year2007 (142)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Newtownards increased by 25 companies.

    Half Year (Jul-Dec)NewtownardsUK
    20142590,590
    20132282,910
    Record Year2006 (60)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Newtownards during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 12 companies.

    fourth quarter (Oct 2014 - Dec 2014)NewtownardsUK
    20141248,846
    20131236,396
    Record Year 2006 (38) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201485-1
    Net growth in 2013354
    Record Year2006 (17)2007 (14)2006 (17)

UK Company Share

  1. Annual Data (2014)

    In 2014 Newtownards formed 0.0% of all UK companies. This is no change on 2013 when Newtownards was responsible for 0.0% of all UK companies.

    YearNewtownards
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1965 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Newtownards formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Newtownards
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Newtownards formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Newtownards
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1965 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change9.9%-12.6%-14.4%
    Record Year1942 (1.0%)1922 (1.8%)1943 (1.3%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.4.

    The percentage of directors under the age of 25 was 8.2% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 47.4.

    The percentage of directors under the age of 25 was 10.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 47.1.

    The percentage of directors under the age of 25 was 12.5% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 1.1% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Newtownards was 1943 when 71.4% of all directors were female.

    The percentage of female directors in Newtownards in 2014 was 23.4%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Newtownards was 2011 when 41.8% of all directors were female.

    20.8% of all director appointments in Newtownards in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Newtownards was in 2013 when 39.8% of all directors were female.

    17.0% of all director appointments in Newtownards in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

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

    wordpercentageuk worduk percentage
    (NI)4.62%CONSULTING5.22%
    CONSULTING1.54%MANAGEMENT4.58%
    CONTRACTS1.23%CONSULTANCY3.57%
    SCRABO1.23%PROPERTY2.66%
    MANAGEMENT1.23%CONSTRUCTION2.12%
    DOWN1.23%ENGINEERING2.10%
    PROPERTY1.23%CARE2.02%
    NI0.92%TRADING1.94%
    EAKIN0.92%LONDON1.93%
    CAR0.92%TRANSPORT1.93%
    COMBER0.92%DESIGN1.66%
    INVESTMENTS0.92%CONSULTANTS1.64%
    WILLOWBROOK0.62%ELECTRICAL1.62%
    ELECTRICS0.62%PROPERTIES1.62%
    SERVICE0.62%BUSINESS1.56%
    J0.62%J1.54%
    DEVELOPMENT0.62%CO.,1.50%
    C0.62%GLOBAL1.49%
    FORBAIR0.62%INVESTMENTS1.48%
    CAPITAL0.62%ASSOCIATES1.47%
    TRAINING0.62%DEVELOPMENTS1.35%
    NORTH0.62%MEDIA1.33%
    GARDEN0.62%IT1.31%
    GOLF0.62%BUILDING1.29%
    AVENUE0.62%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied65265,608
    99999 - Dormant Company1348,509
    41100 - Development of building projects811,397
    62090 - Other information technology service activities612,837
    82990 - Other business support service activities not elsewhere classified658,068
    41202 - Construction of domestic buildings67,559
    62020 - Information technology consultancy activities630,178
    74909 - Other professional, scientific and technical activities not elsewhere classified519,049
    56101 - Licensed restaurants58,782
    96090 - Other service activities not elsewhere classified529,009
    68209 - Other letting and operating of own or leased real estate511,212
    43210 - Electrical installation45,985
    56102 - Unlicensed restaurants and cafes44,745
    47910 - Retail sale via mail order houses or via Internet410,107
    86900 - Other human health activities312,976
    56290 - Other food services34,616
    47190 - Other retail sale in non-specialised stores33,802
    98000 - Residents property management35,255
    68320 - Management of real estate on a fee or contract basis36,010
    66190 - Activities auxiliary to financial intermediation not elsewhere classified31,976

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    NI627864 NJS PROPERTY INVESTMENTS LTD 18 Nov 2014
    NI627640 PGJ INVESTMENTS LTD 05 Nov 2014
    NI627642 SPRINGISLAND SERVICE STATION LTD 05 Nov 2014
    NI627672 REVYOUME LIMITED 07 Nov 2014
    NI627678 TULLYNAGARDY APARTMENTS MANAGEMENT COMPANY LIMITED 07 Nov 2014
    NI627686 RIVERSIDE GARDEN BUILDINGS LIMITED 07 Nov 2014
    NI627723 CAVEMAN DISTRIBUTION LIMITED 11 Nov 2014
    NI627780 VICTOR IRWIN & SONS LTD. 12 Nov 2014
    NI627786 DOWN GARAGE EQUIPMENT SERVICE LIMITED 13 Nov 2014
    NI627804 AMAZIN SALES LTD. 13 Nov 2014
    NI627937 BRIGHTNOTE LTD 24 Nov 2014
    NI627951 PINNACLE AEROTECH LIMITED 24 Nov 2014

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