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
New Company Registrations
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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.
Year Westhill UK 2014 72 582,051 2013 87 529,363 2012 64 491,893 2011 103 452,870 2010 59 400,358 Record Year 2011 (103) 2014 (582,051) New Companies by Year
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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) Westhill UK 2014 32 281,320 2013 45 259,931 % change -28.9% 8.2% Record Year 2013 (45) 2014 (281,320) New Companies by Half Year
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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) Westhill UK 2014 12 137,906 2013 21 127,247 % change -42.9% 8.4% Record Year 2011 (22) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 8 2 2 New companies in 2013 8 8 5 % change 0.0% -75.0% -60.0% Record Year 2013 (8) 2013 (8) 2011 (9)
Closed Companies (dissolved)
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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.
Year Westhill UK 2014 58 367,937 2013 52 332,213 2012 43 293,729 2011 42 314,524 2010 40 342,233 Record Year 2014 (58) 2009 (533,789) Dissolved Companies by Year
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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) Westhill UK 2014 35 190,730 2013 23 177,021 % change 52.2% 7.7% Record Year 2014 (35) 2009 (244,544) Dissolved Companies by Half Year
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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) Westhill UK 2014 13 89,060 2013 11 90,851 % change 18.2% -2.0% Record Year 2011 (14) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 3 2 8 Closed companies in 2013 4 3 4 % change -25.0% -33.3% 100% Record Year 2009 (6) 2011 (7) 2014 (8)
Net Company Growth
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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.
Year Westhill UK 2014 14 214,114 2013 35 197,150 2012 21 198,164 2011 61 138,346 2010 19 58,125 Record Year 2011 (61) 2007 (237,353) Net Growth by Year
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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) Westhill UK 2014 -3 90,590 2013 22 82,910 Record Year 2006 (25) 2003 (117,772) Net Growth by Half Year
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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) Westhill UK 2014 -1 48,846 2013 10 36,396 Record Year 2005 (10) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 5 0 -6 Net growth in 2013 4 5 1 Record Year 2003 (6) 2010 (5) 2011 (5)
UK Company Share
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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.
Year Westhill 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1990 (0.0%) Company Share by Year
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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 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1990 (0.0%) Company Share by Half Year
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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 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1990 (0.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change -4.3% -76.3% -65.5% Record Year 1990 (0.1%) 1991 (0.0%) 1993 (0.1%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.92% CONSULTING 5.22% PROJECT 2.19% MANAGEMENT 4.58% ABERDEEN 2.19% CONSULTANCY 3.57% BARMEKIN 1.46% PROPERTY 2.66% ENGINEERING 1.46% CONSTRUCTION 2.12% WELL 1.46% ENGINEERING 2.10% ENERGY 1.46% CARE 2.02% SCOTLAND 1.46% TRADING 1.94% PERFORMANCE 1.46% LONDON 1.93% CONSULTANTS 1.46% TRANSPORT 1.93% MANAGEMENT 1.46% DESIGN 1.66% WESTHILL 1.46% CONSULTANTS 1.64% DEVELOPMENTS 1.46% ELECTRICAL 1.62% EATERY 1.46% PROPERTIES 1.62% DESIGN 1.46% BUSINESS 1.56% NORTH 1.46% J 1.54% CARE 1.46% CO., 1.50% ALAPOG 0.73% GLOBAL 1.49% OFFSHORE 0.73% INVESTMENTS 1.48% R 0.73% ASSOCIATES 1.47% SLICKLINEINTERVENTIONS 0.73% DEVELOPMENTS 1.35% F 0.73% MEDIA 1.33% GCFRASER 0.73% IT 1.31% FRYS 0.73% BUILDING 1.29% CTE 0.73% M 1.22%
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 35 265,608 70229 - Management consultancy activities other than financial management 15 42,290 74909 - Other professional, scientific and technical activities not elsewhere classified 11 19,049 82990 - Other business support service activities not elsewhere classified 11 58,068 71129 - Other engineering activities 10 6,132 96090 - Other service activities not elsewhere classified 8 29,009 09100 - Support activities for petroleum and natural gas extraction 8 1,077 71122 - Engineering related scientific and technical consulting activities 6 3,184 62020 - Information technology consultancy activities 3 30,178 68100 - Buying and selling of own real estate 3 7,106 33200 - Installation of industrial machinery and equipment 3 914 99999 - Dormant Company 3 48,509 26200 - Manufacture of computers and peripheral equipment 2 159 56103 - Take-away food shops and mobile food stands 2 8,318 62090 - Other information technology service activities 2 12,837 42990 - Construction of other civil engineering projects not elsewhere classified 2 2,701 74100 - specialised design activities 2 4,841 68209 - Other letting and operating of own or leased real estate 2 11,212 71111 - Architectural activities 2 2,830 01500 - Mixed farming 1 614
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC491927 IKM SUBSEA UK LTD 24 Nov 2014 SC492215 AIRLEA LIMITED 27 Nov 2014