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
New Company Registrations
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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) Edinburgh UK 2010 1,099 101,492 2009 850 94,671 % change 29.3% 7.2% Record Year 2010 (1,099) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 350 341 408 New companies in 2009 256 282 312 % change 36.7% 20.9% 30.8% Record Year 2007 (352) 2010 (341) 2010 (408)
Closed Companies (dissolved)
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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) Edinburgh UK 2010 656 87,705 2009 750 159,401 % change -12.5% -45.0% Record Year 2009 (750) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 267 112 277 Closed companies in 2009 184 368 198 % change 45.1% -69.6% 40% Record Year 2010 (267) 2009 (368) 2010 (277)
Net Company Growth
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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) Edinburgh UK 2010 443 13,787 2009 100 -64,730 Record Year 2008 (561) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 83 229 131 Net growth in 2009 72 -86 114 Record Year 2007 (215) 2008 (255) 2008 (268)
UK Company Share
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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 2010 1.1% 2009 0.9% 2008 1.0% 2007 0.9% 2006 0.8% Record Year (since 1960) 1994 (1.2%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 1.0% 1.1% 1.2% UK formation share in 2009 0.8% 1.0% 0.9% % change 27.2% 9.7% 25.4% Record Year 1975 (1.7%) 1987 (1.4%) 1974 (1.4%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage L.P. 13.40% MANAGEMENT 5.06% PARTNERS 3.63% CONSULTING 4.99% GROUP 3.29% CONSULTANCY 3.12% ACCESS 2.95% PROPERTY 2.38% LP 2.46% TRADING 2.04% CONSULTING 2.25% ASSOCIATES 2.01% EDINBURGH 1.76% DESIGN 1.93% (SCOTLAND) 1.64% CONSTRUCTION 1.86% SCOTLAND 1.49% BUSINESS 1.80% INVESTMENTS 1.49% MEDIA 1.75% CAPITAL 1.44% CONSULTANTS 1.73% PARTNERSHIP 1.32% LONDON 1.59% CORPORATION 1.30% ENGINEERING 1.59% MANAGEMENT 1.27% INVESTMENTS 1.49% TRADING 1.08% CARE 1.44% GP 1.04% J 1.44% BUSINESS 0.98% INTERNATIONAL 1.43% ASSOCIATES 0.96% GLOBAL 1.42% PROPERTY 0.93% IT 1.35% GLOBAL 0.93% PROPERTIES 1.35% CONSULTANCY 0.91% BUILDING 1.32% (EDINBURGH) 0.76% ELECTRICAL 1.30% IT 0.76% M 1.28% EUROPE 0.76% SYSTEMS 1.26% CONSULTANTS 0.70% S 1.24%
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 2,510 202,902 7487 - Other business activities 520 69,802 82990 - Other business support service activities not elsewhere classified 206 25,053 7499 - Non-trading company 114 13,408 7414 - Business & management consultancy 108 14,940 70229 - Management consultancy activities other than financial management 102 13,161 74909 - Other professional, scientific and technical activities not elsewhere classified 97 6,460 9999 - Dormant Company 92 21,484 74990 - Non-trading company 83 7,649 5530 - Restaurants 69 5,181 5552 - Catering 68 2,296 62020 - Information technology consultancy activities 68 8,292 99999 - Dormant Company 66 14,072 7222 - Other software consultancy and supply 64 8,183 7260 - Other computer related activities 56 8,967 96090 - Other service activities not elsewhere classified 56 7,767 7011 - Development & sell real estate 51 3,743 62090 - Other information technology service activities 44 5,716 4521 - General construction & civil engineering 42 7,634 56103 - Take-away food shops and mobile food stands 36 1,196
Recent Companies
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Randomly selected companies from this quarter
reports
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