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
New Company Registrations
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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) Edinburgh UK 2010 914 105,137 2009 793 91,034 % change 15.3% 15.5% Record Year 2010 (914) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2010 232 304 378 New companies in 2009 253 239 301 % change -8.3% 27.2% 25.6% Record Year 2007 (257) 2010 (304) 2010 (378)
Closed Companies (dissolved)
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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) Edinburgh UK 2010 655 82,677 2009 569 108,060 % change 15.1% -23.5% Record Year 2010 (655) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 189 219 247 Closed companies in 2009 228 248 93 % change -17.1% -11.7% 166% Record Year 2009 (228) 2009 (248) 2010 (247)
Net Company Growth
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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) Edinburgh UK 2010 259 22,460 2009 224 -17,026 Record Year 2008 (513) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 43 85 131 Net growth in 2009 25 -9 208 Record Year 2007 (177) 1997 (207) 2009 (208)
UK Company Share
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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 2010 0.9% 2009 0.9% 2008 0.9% 2007 0.5% 2006 0.7% Record Year (since 1960) 1993 (1.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.8% 0.9% 0.9% UK formation share in 2009 0.9% 0.8% 0.8% % change -14.9% 8.9% 4.3% Record Year 1960 (1.6%) 1974 (1.7%) 1979 (12.2%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage L.P. 10.02% MANAGEMENT 5.01% GROUP 2.18% CONSULTING 4.60% PARTNERS 2.09% CONSULTANCY 2.87% LP 2.04% PROPERTY 2.50% EDINBURGH 1.89% ASSOCIATES 2.04% CONSULTING 1.65% TRADING 1.93% (SCOTLAND) 1.61% DESIGN 1.91% ACCESS 1.58% CONSTRUCTION 1.87% SCOTLAND 1.41% MEDIA 1.84% MANAGEMENT 1.29% BUSINESS 1.74% CAPITAL 1.17% INTERNATIONAL 1.73% GP 1.13% CONSULTANTS 1.63% PARTNERSHIP 1.10% ENGINEERING 1.54% INVESTMENTS 1.10% J 1.48% CORPORATION 1.01% LONDON 1.45% TRADING 0.98% INVESTMENTS 1.45% INTERNATIONAL 0.94% GROUP 1.37% (EDINBURGH) 0.94% GLOBAL 1.35% BUSINESS 0.89% PROPERTIES 1.35% ASSOCIATES 0.77% BUILDING 1.34% CONSULTANCY 0.77% CARE 1.33% PROPERTY 0.74% ELECTRICAL 1.30% HOLDINGS 0.74% M 1.28% EUROPE 0.72% SYSTEMS 1.25% GLOBAL 0.65% S 1.23%
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 2,584 228,645 7487 - Other business activities 529 74,904 82990 - Other business support service activities not elsewhere classified 234 26,974 7499 - Non-trading company 141 15,398 70229 - Management consultancy activities other than financial management 112 14,007 74909 - Other professional, scientific and technical activities not elsewhere classified 100 7,143 9999 - Dormant Company 97 19,948 74990 - Non-trading company 96 8,149 62020 - Information technology consultancy activities 93 9,943 7414 - Business & management consultancy 92 17,003 7011 - Development & sell real estate 75 5,300 7222 - Other software consultancy and supply 72 9,659 5552 - Catering 69 2,212 99999 - Dormant Company 69 13,808 5530 - Restaurants 66 4,798 7260 - Other computer related activities 62 10,331 4521 - General construction & civil engineering 53 9,325 41100 - Development of building projects 52 4,513 96090 - Other service activities not elsewhere classified 52 8,154 62090 - Other information technology service activities 52 6,340
Recent Companies
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Randomly selected companies from this quarter
reports
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