Westhill, Aberdeenshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company closures in Westhill when compared to any year in history.
  • The second half of 2014 saw a new record in company closures in Westhill when compared to any previous second half year.
  • The second half of 2014 was a record second half year for company closures in Westhill when compared to any half year in history.
  • December 2014 saw a new record in company closures in Westhill when compared to any previous December.

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)

    A total of 72 companies were formed in Westhill in 2014. This total is 17.2% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearWesthillUK
    201472582,051
    201387529,363
    201264491,893
    2011103452,870
    201059400,358
    Record Year2011 (103)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 32 companies were formed in Westhill. This figure is 28.9% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Westhill occurred in 2013 when a total of 45 were formed.

    Half Year (Jul-Dec)WesthillUK
    201432281,320
    201345259,931
    % change-28.9%8.2%
    Record Year2013 (45)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 12 companies were registered in Westhill during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 42.9% 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)WesthillUK
    201412137,906
    201321127,247
    % change-42.9%8.4%
    Record Year 2011 (22) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014822
    New companies in 2013885
    % change0.0%-75.0%-60.0%
    Record Year2013 (8)2013 (8)2011 (9)

Closed Companies (dissolved)

  1. Annual Data (2014)

    2014 was a record year for company closures in Westhill when compared to any year in history.

    A total of 58 companies were dissolved in Westhill in 2014. This total is 11.5% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearWesthillUK
    201458367,937
    201352332,213
    201243293,729
    201142314,524
    201040342,233
    Record Year2014 (58)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Westhill when compared to any previous second half year.

    The second half of 2014 was a record second half year for company closures in Westhill when compared to any half year in history.

    In the second half of 2014 a total of 35 companies were dissolved in Westhill. This figure is 52.2% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Westhill occurred in 2014 when a total of 35 were closed.

    Half Year (Jul-Dec)WesthillUK
    201435190,730
    201323177,021
    % change52.2%7.7%
    Record Year2014 (35)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 13 companies were dissolved in Westhill during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 18.2% 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)WesthillUK
    20141389,060
    20131190,851
    % change18.2%-2.0%
    Record Year 2011 (14) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Westhill when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014328
    Closed companies in 2013434
    % change-25.0%-33.3%100%
    Record Year2009 (6)2011 (7)2014 (8)

Net Company Growth

  1. Annual Data (2014)

    A total of 14 companies were added to the company register for Westhill in 2014. This number represents growth of 19.4% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 21 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Westhill company register grew by 61 companies.

    YearWesthillUK
    201414214,114
    201335197,150
    201221198,164
    201161138,346
    20101958,125
    Record Year2011 (61)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Westhill decreased by 3 companies.

    Half Year (Jul-Dec)WesthillUK
    2014-390,590
    20132282,910
    Record Year2006 (25)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Westhill during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was -1 companies.

    fourth quarter (Oct 2014 - Dec 2014)WesthillUK
    2014-148,846
    20131036,396
    Record Year 2005 (10) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201450-6
    Net growth in 2013451
    Record Year2003 (6)2010 (5)2011 (5)

UK Company Share

  1. Annual Data (2014)

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

    YearWesthill
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1990 (0.0%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Westhill
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1990 (0.0%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Westhill
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1990 (0.0%)
    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%
    % change-4.3%-76.3%-65.5%
    Record Year1990 (0.1%)1991 (0.0%)1993 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.3.

    The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 1.0% 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 46.0.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% 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 48.0.

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

    The percentage of directors over the age of 65 was 3.8% 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 Westhill was 1987 when 50.0% of all directors were female.

    The percentage of female directors in Westhill in 2014 was 32.1%. 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 Westhill was 2009 when 42.9% of all directors were female.

    32.4% of all director appointments in Westhill 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 Westhill was in 2009 when 45.8% of all directors were female.

    34.6% of all director appointments in Westhill 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
    CONSULTING2.92%CONSULTING5.22%
    PROJECT2.19%MANAGEMENT4.58%
    ABERDEEN2.19%CONSULTANCY3.57%
    BARMEKIN1.46%PROPERTY2.66%
    ENGINEERING1.46%CONSTRUCTION2.12%
    WELL1.46%ENGINEERING2.10%
    ENERGY1.46%CARE2.02%
    SCOTLAND1.46%TRADING1.94%
    PERFORMANCE1.46%LONDON1.93%
    CONSULTANTS1.46%TRANSPORT1.93%
    MANAGEMENT1.46%DESIGN1.66%
    WESTHILL1.46%CONSULTANTS1.64%
    DEVELOPMENTS1.46%ELECTRICAL1.62%
    EATERY1.46%PROPERTIES1.62%
    DESIGN1.46%BUSINESS1.56%
    NORTH1.46%J1.54%
    CARE1.46%CO.,1.50%
    ALAPOG0.73%GLOBAL1.49%
    OFFSHORE0.73%INVESTMENTS1.48%
    R0.73%ASSOCIATES1.47%
    SLICKLINEINTERVENTIONS0.73%DEVELOPMENTS1.35%
    F0.73%MEDIA1.33%
    GCFRASER0.73%IT1.31%
    FRYS0.73%BUILDING1.29%
    CTE0.73%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied35265,608
    70229 - Management consultancy activities other than financial management1542,290
    74909 - Other professional, scientific and technical activities not elsewhere classified1119,049
    82990 - Other business support service activities not elsewhere classified1158,068
    71129 - Other engineering activities106,132
    96090 - Other service activities not elsewhere classified829,009
    09100 - Support activities for petroleum and natural gas extraction81,077
    71122 - Engineering related scientific and technical consulting activities63,184
    62020 - Information technology consultancy activities330,178
    68100 - Buying and selling of own real estate37,106
    33200 - Installation of industrial machinery and equipment3914
    99999 - Dormant Company348,509
    26200 - Manufacture of computers and peripheral equipment2159
    56103 - Take-away food shops and mobile food stands28,318
    62090 - Other information technology service activities212,837
    42990 - Construction of other civil engineering projects not elsewhere classified22,701
    74100 - specialised design activities24,841
    68209 - Other letting and operating of own or leased real estate211,212
    71111 - Architectural activities22,830
    01500 - Mixed farming1614

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC491927 IKM SUBSEA UK LTD 24 Nov 2014
    SC492215 AIRLEA LIMITED 27 Nov 2014

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