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

  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. 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)EdinburghUK
    20101,879203,749
    20091,476182,021
    % change27.3%11.9%
    Record Year2010 (1,879)2007 (279,097)
    New Companies by Half Year
  2. 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)EdinburghUK
    201096598,612
    200968390,987
    % change41.3%8.4%
    Record Year 2010 (965) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2010347289329
    New companies in 2009204250229
    % change70.1%15.6%43.7%
    Record Year2010 (347)2010 (289)2010 (329)

Closed Companies (dissolved)

  1. 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)EdinburghUK
    20101,581177,631
    20091,689289,236
    % change-6.4%-38.6%
    Record Year2009 (1,689)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)EdinburghUK
    201092694,954
    20091,120181,176
    % change-17.3%-47.6%
    Record Year 2009 (1,120) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010154552220
    Closed companies in 200916758346
    % change862.5%-27.2%-36%
    Record Year2010 (154)2009 (758)2009 (346)

Net Company Growth

  1. 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)EdinburghUK
    201029826,118
    2009-213-107,215
    Record Year2004 (934)2007 (171,296)
    Net Growth by Half Year
  2. 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)EdinburghUK
    2010393,658
    2009-437-90,189
    Record Year 2007 (488) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010193-263109
    Net growth in 2009188-508-117
    Record Year2007 (240)2007 (177)2001 (197)

UK Company Share

  1. 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
    20100.9%
    20090.8%
    20080.8%
    20070.6%
    20060.7%
    Record Year (since 1960) 2001 (1.2%)
    Company Share by Half Year
  2. 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
    20101.0%
    20090.8%
    20080.8%
    20070.7%
    20060.7%
    Record Year (since 1960) 2001 (1.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20101.0%1.0%0.9%
    UK formation share in 20090.7%0.9%0.7%
    % change56.5%10.2%29.2%
    Record Year1979 (9.6%)1969 (1.4%)1973 (1.5%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    L.P.11.27%MANAGEMENT5.01%
    PARTNERS2.60%CONSULTING4.79%
    GROUP2.58%CONSULTANCY3.02%
    LP2.35%PROPERTY2.40%
    CONSULTING2.15%ASSOCIATES2.02%
    ACCESS2.06%TRADING2.01%
    EDINBURGH1.72%DESIGN1.91%
    (SCOTLAND)1.66%CONSTRUCTION1.85%
    PARTNERSHIP1.46%MEDIA1.80%
    SCOTLAND1.46%BUSINESS1.75%
    MANAGEMENT1.37%CONSULTANTS1.71%
    CAPITAL1.32%INTERNATIONAL1.59%
    INVESTMENTS1.28%ENGINEERING1.56%
    GP1.16%LONDON1.52%
    CORPORATION1.16%INVESTMENTS1.49%
    BUSINESS1.01%J1.46%
    TRADING0.99%CARE1.41%
    INTERNATIONAL0.85%GLOBAL1.39%
    GLOBAL0.81%PROPERTIES1.35%
    PROPERTY0.78%BUILDING1.33%
    EUROPE0.76%M1.29%
    CONSULTANCY0.76%IT1.28%
    ASSOCIATES0.74%ELECTRICAL1.27%
    (EDINBURGH)0.74%GROUP1.25%
    IT0.72%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,496207,125
    7487 - Other business activities51468,525
    82990 - Other business support service activities not elsewhere classified21925,942
    7499 - Non-trading company13213,997
    70229 - Management consultancy activities other than financial management10413,490
    74909 - Other professional, scientific and technical activities not elsewhere classified996,684
    7414 - Business & management consultancy9714,598
    74990 - Non-trading company897,893
    9999 - Dormant Company8619,842
    62020 - Information technology consultancy activities748,590
    99999 - Dormant Company6914,342
    5552 - Catering682,171
    7222 - Other software consultancy and supply658,285
    7011 - Development & sell real estate644,579
    5530 - Restaurants614,879
    96090 - Other service activities not elsewhere classified557,922
    7260 - Other computer related activities539,122
    4521 - General construction & civil engineering478,262
    62090 - Other information technology service activities465,854
    41100 - Development of building projects403,945

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC378245 DRUM RIDING FOR THE DISABLED, EDINBURGH 10 May 2010
    SC379404 HEBRIDEAN GOURMET LIMITED 28 May 2010
    SL007877 ATEP 2010 (CIV) LIMITED PARTNERSHIP 13 May 2010
    SC378296 IASC LIMITED 10 May 2010
    SC378707 INTELLIGENT TAX BOOKS LIMITED 18 May 2010
    SC378766 LAND SOLUTIONS LIMITED 18 May 2010
    SC379255 STANDARD LIFE INVESTMENTS (TRUSTEES NO. 13 UK PDF) LIMITED 26 May 2010
    SC379303 RURAL HERITAGE LTD 26 May 2010
    SC379358 GFP WEALTH MANAGEMENT (EDINBURGH) LTD 27 May 2010
    SL007852 AZINI 2 (FP) LP 04 May 2010
    SL007855 AZINI 2 (GP) LP 04 May 2010
    SL007859 GCP III GP LP 10 May 2010
    SL007873 CARLYLE REALTY FOREIGN INVESTORS VI-B, L.P. 12 May 2010
    SL007915 MPFM CARRY LP 19 May 2010
    SL007925 POLICARPO LP 26 May 2010
    SC378010 ANGLE PARK AUTO PREP LTD 05 May 2010
    SC378106 MR GORDON LIMITED 06 May 2010
    SC378108 POPEYE'S BOUNCY CASTLES LIMITED 06 May 2010
    SC378129 PRIVATE HOUSE STAYS LIMITED 06 May 2010
    SC378229 GREENLED GROUP LIMITED 10 May 2010
    SC378270 LEDBEACH LIMITED 10 May 2010
    SC378520 CHEUNG SING ARBROATH LIMITED 13 May 2010
    SC378698 CARBON FINANCIAL LIMITED 18 May 2010
    SC378735 ACORN COMPUTER SOLUTIONS LTD 18 May 2010
    SC378944 J D PROPERTY MAINTENANCE LTD. 21 May 2010