Edinburgh, Midlothian

Q1 2010 Business Confidence Report

Headlines

  • Q1 2010 saw a new record in company registrations in Edinburgh when compared to any previous Q1.
  • Q1 2010 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
  • March 2010 saw a new record in company registrations in Edinburgh when compared to any previous March.
  • March 2010 was a record month for company registrations in Edinburgh when compared to any month in history.
  • February 2010 saw a new record in company registrations in Edinburgh when compared to any previous February.
  • Q1 2010 saw a new record in company closures in Edinburgh when compared to any previous Q1.
  • March 2010 saw a new record in company closures in Edinburgh when compared to any previous March.

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. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company registrations in Edinburgh when compared to any previous Q1.

    Q1 2010 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.

    A total of 914 companies were registered in Edinburgh during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 15.3% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)EdinburghUK
    2010914105,137
    200979391,034
    % change15.3%15.5%
    Record Year 2010 (914) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company registrations in Edinburgh when compared to any previous March.

    March 2010 was a record month for company registrations in Edinburgh when compared to any month in history.

    February 2010 saw a new record in company registrations in Edinburgh when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010232304378
    New companies in 2009253239301
    % change-8.3%27.2%25.6%
    Record Year2007 (257)2010 (304)2010 (378)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Q1 2010 saw a new record in company closures in Edinburgh when compared to any previous Q1.

    A total of 655 companies were dissolved in Edinburgh during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 15.1% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)EdinburghUK
    201065582,677
    2009569108,060
    % change15.1%-23.5%
    Record Year 2010 (655) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in company closures in Edinburgh when compared to any previous March.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010189219247
    Closed companies in 200922824893
    % change-17.1%-11.7%166%
    Record Year2009 (228)2009 (248)2010 (247)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Edinburgh during the first quarter of 2010 (Jan 2010 - Mar 2010) was 259 companies.

    first quarter (Jan 2010 - Mar 2010)EdinburghUK
    201025922,460
    2009224-17,026
    Record Year 2008 (513) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20104385131
    Net growth in 200925-9208
    Record Year2007 (177)1997 (207)2009 (208)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Edinburgh formed 0.9% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Edinburgh
    20100.9%
    20090.9%
    20080.9%
    20070.5%
    20060.7%
    Record Year (since 1960) 1993 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.8%0.9%0.9%
    UK formation share in 20090.9%0.8%0.8%
    % change-14.9%8.9%4.3%
    Record Year1960 (1.6%)1974 (1.7%)1979 (12.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.7.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Edinburgh was in 1861 when 40.0% of all directors were female.

    23.4% of all director appointments in Edinburgh in the first 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 (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    L.P.10.02%MANAGEMENT5.01%
    GROUP2.18%CONSULTING4.60%
    PARTNERS2.09%CONSULTANCY2.87%
    LP2.04%PROPERTY2.50%
    EDINBURGH1.89%ASSOCIATES2.04%
    CONSULTING1.65%TRADING1.93%
    (SCOTLAND)1.61%DESIGN1.91%
    ACCESS1.58%CONSTRUCTION1.87%
    SCOTLAND1.41%MEDIA1.84%
    MANAGEMENT1.29%BUSINESS1.74%
    CAPITAL1.17%INTERNATIONAL1.73%
    GP1.13%CONSULTANTS1.63%
    PARTNERSHIP1.10%ENGINEERING1.54%
    INVESTMENTS1.10%J1.48%
    CORPORATION1.01%LONDON1.45%
    TRADING0.98%INVESTMENTS1.45%
    INTERNATIONAL0.94%GROUP1.37%
    (EDINBURGH)0.94%GLOBAL1.35%
    BUSINESS0.89%PROPERTIES1.35%
    ASSOCIATES0.77%BUILDING1.34%
    CONSULTANCY0.77%CARE1.33%
    PROPERTY0.74%ELECTRICAL1.30%
    HOLDINGS0.74%M1.28%
    EUROPE0.72%SYSTEMS1.25%
    GLOBAL0.65%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,584228,645
    7487 - Other business activities52974,904
    82990 - Other business support service activities not elsewhere classified23426,974
    7499 - Non-trading company14115,398
    70229 - Management consultancy activities other than financial management11214,007
    74909 - Other professional, scientific and technical activities not elsewhere classified1007,143
    9999 - Dormant Company9719,948
    74990 - Non-trading company968,149
    62020 - Information technology consultancy activities939,943
    7414 - Business & management consultancy9217,003
    7011 - Development & sell real estate755,300
    7222 - Other software consultancy and supply729,659
    5552 - Catering692,212
    99999 - Dormant Company6913,808
    5530 - Restaurants664,798
    7260 - Other computer related activities6210,331
    4521 - General construction & civil engineering539,325
    41100 - Development of building projects524,513
    96090 - Other service activities not elsewhere classified528,154
    62090 - Other information technology service activities526,340

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC372416 3N CONSULTING & DESIGN (UK) LIMITED 04 Feb 2010
    SC372516 VAMOS SCOTLAND LTD 08 Feb 2010
    SC373344 FASHION 1 LIMITED 19 Feb 2010
    SO302697 AVENPAK EXPORT LLP 17 Feb 2010
    SC372366 ECO-CONGREGATION SCOTLAND 04 Feb 2010
    SC373080 CDA (SCOTLAND) LIMITED 16 Feb 2010
    SC373172 REPSOL BEATRICE LIMITED 17 Feb 2010
    SC373570 SOUL CONSTRUCTION LIMITED 24 Feb 2010
    SC373671 DMWS 929 LIMITED 24 Feb 2010
    SL007666 GOLDEN WAVE LP 10 Feb 2010
    SL007668 3I GROWTH CARRY A LP 10 Feb 2010
    SC372138 REFERENCE POINT ADVISORY LTD 02 Feb 2010
    SC372184 SPRINGROLL ABERDEEN LIMITED 02 Feb 2010
    SC372352 GP CCC 2010 LIMITED 04 Feb 2010
    SC372597 M-I LICENCES LIMITED 09 Feb 2010
    SC372876 LOGICAL BIO LTD 11 Feb 2010
    SC373110 COUNCIL ON FOREIGN RELATIONS 16 Feb 2010
    SC373194 INTRA LIGHTING SOLUTIONS LIMITED 17 Feb 2010
    SC373330 CALMINDON LIMITED 19 Feb 2010
    SC373361 LORAC LTD 19 Feb 2010
    SC373392 NEVE CONSULTING LTD 22 Feb 2010
    SC373402 BEYOND THE NUMBERS LIMITED 22 Feb 2010
    SC373533 YUE LUNG LIMITED 23 Feb 2010
    SC373582 CARBETH LIMITED 24 Feb 2010
    SC373723 CITY GARDEN LIMITED 25 Feb 2010