Edinburgh, Midlothian
2010 Half Year Business Confidence Report
Headlines
- The first half of 2010 saw a new record in company registrations in Edinburgh when compared to any previous first half year.
- The first half of 2010 was a record first half year for company registrations in Edinburgh when compared to any half year in history.
- Q2 2010 saw a new record in company registrations in Edinburgh when compared to any previous Q2.
- Q2 2010 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
- June 2010 saw a new record in company registrations in Edinburgh when compared to any previous June.
- May 2010 saw a new record in company registrations in Edinburgh when compared to any previous May.
- April 2010 saw a new record in company registrations in Edinburgh when compared to any previous April.
- April 2010 saw a new record in company closures in Edinburgh when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
The first half of 2010 saw a new record in company registrations in Edinburgh when compared to any previous first half year.
The first half of 2010 was a record first half year for company registrations in Edinburgh when compared to any half year in history.
In the first half of 2010 a total of 1,879 companies were formed in Edinburgh. This figure is 27.3% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Edinburgh occurred in 2010 when a total of 1,879 were formed.
Half Year (Jan-Jun) Edinburgh UK 2010 1,879 203,749 2009 1,476 182,021 % change 27.3% 11.9% Record Year 2010 (1,879) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company registrations in Edinburgh when compared to any previous Q2.
Q2 2010 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
A total of 965 companies were registered in Edinburgh during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 41.3% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Edinburgh UK 2010 965 98,612 2009 683 90,987 % change 41.3% 8.4% Record Year 2010 (965) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Edinburgh when compared to any previous June.
May 2010 saw a new record in company registrations in Edinburgh when compared to any previous May.
April 2010 saw a new record in company registrations in Edinburgh when compared to any previous April.
New Companies by Month
April May June New companies in 2010 347 289 329 New companies in 2009 204 250 229 % change 70.1% 15.6% 43.7% Record Year 2010 (347) 2010 (289) 2010 (329)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 1,581 companies were dissolved in Edinburgh. This figure is 6.4% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Edinburgh occurred in 2009 when a total of 1,689 were closed.
Half Year (Jan-Jun) Edinburgh UK 2010 1,581 177,631 2009 1,689 289,236 % change -6.4% -38.6% Record Year 2009 (1,689) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 926 companies were dissolved in Edinburgh during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 17.3% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Edinburgh UK 2010 926 94,954 2009 1,120 181,176 % change -17.3% -47.6% Record Year 2009 (1,120) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
April 2010 saw a new record in company closures in Edinburgh when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2010 154 552 220 Closed companies in 2009 16 758 346 % change 862.5% -27.2% -36% Record Year 2010 (154) 2009 (758) 2009 (346)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Edinburgh increased by 298 companies.
Half Year (Jan-Jun) Edinburgh UK 2010 298 26,118 2009 -213 -107,215 Record Year 2004 (934) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Edinburgh during the second quarter of 2010 (Apr 2010 - Jun 2010) was 39 companies.
second quarter (Apr 2010 - Jun 2010) Edinburgh UK 2010 39 3,658 2009 -437 -90,189 Record Year 2007 (488) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 193 -263 109 Net growth in 2009 188 -508 -117 Record Year 2007 (240) 2007 (177) 2001 (197)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Edinburgh formed 0.9% of all UK companies. This is more than the 2009 figure of 0.8%.
Half Year (Jan-Jun) Edinburgh 2010 0.9% 2009 0.8% 2008 0.8% 2007 0.6% 2006 0.7% Record Year (since 1960) 2001 (1.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Edinburgh formed 1.0% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Edinburgh 2010 1.0% 2009 0.8% 2008 0.8% 2007 0.7% 2006 0.7% Record Year (since 1960) 2001 (1.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 1.0% 1.0% 0.9% UK formation share in 2009 0.7% 0.9% 0.7% % change 56.5% 10.2% 29.2% Record Year 1979 (9.6%) 1969 (1.4%) 1973 (1.5%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 44.7.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 44.7.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Edinburgh was 1861 when 40.0% of all directors were female.
24.5% of all director appointments in Edinburgh in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Edinburgh was in 1866 when 66.7% of all directors were female.
25.5% of all director appointments in Edinburgh in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage L.P. 11.27% MANAGEMENT 5.01% PARTNERS 2.60% CONSULTING 4.79% GROUP 2.58% CONSULTANCY 3.02% LP 2.35% PROPERTY 2.40% CONSULTING 2.15% ASSOCIATES 2.02% ACCESS 2.06% TRADING 2.01% EDINBURGH 1.72% DESIGN 1.91% (SCOTLAND) 1.66% CONSTRUCTION 1.85% PARTNERSHIP 1.46% MEDIA 1.80% SCOTLAND 1.46% BUSINESS 1.75% MANAGEMENT 1.37% CONSULTANTS 1.71% CAPITAL 1.32% INTERNATIONAL 1.59% INVESTMENTS 1.28% ENGINEERING 1.56% GP 1.16% LONDON 1.52% CORPORATION 1.16% INVESTMENTS 1.49% BUSINESS 1.01% J 1.46% TRADING 0.99% CARE 1.41% INTERNATIONAL 0.85% GLOBAL 1.39% GLOBAL 0.81% PROPERTIES 1.35% PROPERTY 0.78% BUILDING 1.33% EUROPE 0.76% M 1.29% CONSULTANCY 0.76% IT 1.28% ASSOCIATES 0.74% ELECTRICAL 1.27% (EDINBURGH) 0.74% GROUP 1.25% IT 0.72% DEVELOPMENTS 1.25%
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 2,496 207,125 7487 - Other business activities 514 68,525 82990 - Other business support service activities not elsewhere classified 219 25,942 7499 - Non-trading company 132 13,997 70229 - Management consultancy activities other than financial management 104 13,490 74909 - Other professional, scientific and technical activities not elsewhere classified 99 6,684 7414 - Business & management consultancy 97 14,598 74990 - Non-trading company 89 7,893 9999 - Dormant Company 86 19,842 62020 - Information technology consultancy activities 74 8,590 99999 - Dormant Company 69 14,342 5552 - Catering 68 2,171 7222 - Other software consultancy and supply 65 8,285 7011 - Development & sell real estate 64 4,579 5530 - Restaurants 61 4,879 96090 - Other service activities not elsewhere classified 55 7,922 7260 - Other computer related activities 53 9,122 4521 - General construction & civil engineering 47 8,262 62090 - Other information technology service activities 46 5,854 41100 - Development of building projects 40 3,945
Recent Companies
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Randomly selected companies from this quarter
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