Edinburgh, Midlothian

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Edinburgh when compared to any previous Q3.
  • Q3 2010 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
  • September 2010 saw a new record in company registrations in Edinburgh when compared to any previous September.
  • September 2010 was a record month for company registrations in Edinburgh when compared to any month in history.
  • August 2010 saw a new record in company registrations in Edinburgh when compared to any previous August.
  • September 2010 saw a new record in company closures in Edinburgh when compared to any previous September.
  • July 2010 saw a new record in company closures in Edinburgh when compared to any previous July.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Edinburgh when compared to any previous Q3.

    Q3 2010 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.

    A total of 1,099 companies were registered in Edinburgh during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 29.3% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)EdinburghUK
    20101,099101,492
    200985094,671
    % change29.3%7.2%
    Record Year 2010 (1,099) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010350341408
    New companies in 2009256282312
    % change36.7%20.9%30.8%
    Record Year2007 (352)2010 (341)2010 (408)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 656 companies were dissolved in Edinburgh during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 12.5% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)EdinburghUK
    201065687,705
    2009750159,401
    % change-12.5%-45.0%
    Record Year 2009 (750) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010267112277
    Closed companies in 2009184368198
    % change45.1%-69.6%40%
    Record Year2010 (267)2009 (368)2010 (277)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Edinburgh during the third quarter of 2010 (Jul 2010 - Sep 2010) was 443 companies.

    third quarter (Jul 2010 - Sep 2010)EdinburghUK
    201044313,787
    2009100-64,730
    Record Year 2008 (561) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201083229131
    Net growth in 200972-86114
    Record Year2007 (215)2008 (255)2008 (268)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Edinburgh formed 1.1% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Edinburgh
    20101.1%
    20090.9%
    20081.0%
    20070.9%
    20060.8%
    Record Year (since 1960) 1994 (1.2%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20101.0%1.1%1.2%
    UK formation share in 20090.8%1.0%0.9%
    % change27.2%9.7%25.4%
    Record Year1975 (1.7%)1987 (1.4%)1974 (1.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 44.4.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Edinburgh was in 1862 when 50.0% of all directors were female.

    25.1% of all director appointments in Edinburgh in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    L.P.13.40%MANAGEMENT5.06%
    PARTNERS3.63%CONSULTING4.99%
    GROUP3.29%CONSULTANCY3.12%
    ACCESS2.95%PROPERTY2.38%
    LP2.46%TRADING2.04%
    CONSULTING2.25%ASSOCIATES2.01%
    EDINBURGH1.76%DESIGN1.93%
    (SCOTLAND)1.64%CONSTRUCTION1.86%
    SCOTLAND1.49%BUSINESS1.80%
    INVESTMENTS1.49%MEDIA1.75%
    CAPITAL1.44%CONSULTANTS1.73%
    PARTNERSHIP1.32%LONDON1.59%
    CORPORATION1.30%ENGINEERING1.59%
    MANAGEMENT1.27%INVESTMENTS1.49%
    TRADING1.08%CARE1.44%
    GP1.04%J1.44%
    BUSINESS0.98%INTERNATIONAL1.43%
    ASSOCIATES0.96%GLOBAL1.42%
    PROPERTY0.93%IT1.35%
    GLOBAL0.93%PROPERTIES1.35%
    CONSULTANCY0.91%BUILDING1.32%
    (EDINBURGH)0.76%ELECTRICAL1.30%
    IT0.76%M1.28%
    EUROPE0.76%SYSTEMS1.26%
    CONSULTANTS0.70%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,510202,902
    7487 - Other business activities52069,802
    82990 - Other business support service activities not elsewhere classified20625,053
    7499 - Non-trading company11413,408
    7414 - Business & management consultancy10814,940
    70229 - Management consultancy activities other than financial management10213,161
    74909 - Other professional, scientific and technical activities not elsewhere classified976,460
    9999 - Dormant Company9221,484
    74990 - Non-trading company837,649
    5530 - Restaurants695,181
    5552 - Catering682,296
    62020 - Information technology consultancy activities688,292
    99999 - Dormant Company6614,072
    7222 - Other software consultancy and supply648,183
    7260 - Other computer related activities568,967
    96090 - Other service activities not elsewhere classified567,767
    7011 - Development & sell real estate513,743
    62090 - Other information technology service activities445,716
    4521 - General construction & civil engineering427,634
    56103 - Take-away food shops and mobile food stands361,196

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SO302959 CHESSER INN LLP 10 Aug 2010
    SC383478 EVOCO ECOSSE LTD 11 Aug 2010
    SC383561 ADMINISTRATE TEMPORARY LIMITED 12 Aug 2010
    SC383651 THE STORE VENUE LTD 13 Aug 2010
    SC383702 KOHL CATERING LTD 16 Aug 2010
    SC383788 PPR DENTAL COMPANY LIMITED 17 Aug 2010
    SC384352 2IC LTD 26 Aug 2010
    SC384381 GINGERTRADE UK LTD 27 Aug 2010
    SC383813 UK INDIA TRADE LIMITED 17 Aug 2010
    SL008080 ACTIS 3 ASANTE LP 02 Aug 2010
    SC383039 SOFTCELL INNOVATIONS LIMITED 03 Aug 2010
    SC383080 SPARK COFFEE CO LIMITED 03 Aug 2010
    SC383210 JC ELGIN RESTAURANT LIMITED 06 Aug 2010
    SC383313 SURFACE BEAUTY AESTHETICS LTD 09 Aug 2010
    SC383500 BRODIES MANAGEMENT SERVICES LIMITED 11 Aug 2010
    SC383520 CHINA STAR WU LIMITED 11 Aug 2010
    SC383629 TKC PROJECTS LIMITED 13 Aug 2010
    SC383670 FLINT GENERAL PARTNER LIMITED 13 Aug 2010
    SC383672 LAS GENERAL PARTNER LIMITED 13 Aug 2010
    SC383725 ANDSTRAT (NO.336) LIMITED 16 Aug 2010
    SC383759 JOHN SCOTT DAVIDSON LIMITED 16 Aug 2010
    SC383839 SHERIDAN PROPERTY CONSULTANTS LIMITED 18 Aug 2010
    SC383861 ANDERSON FRYER TRADING LIMITED 18 Aug 2010
    SC383902 THE EDINBURGH CENTRE FOR ROBOTIC SURGERY LTD. 18 Aug 2010
    SC384174 UK ONENESS FOUNDATION 24 Aug 2010