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
    SC381286 JOHN PORTER SUNDERLAND LIMITED 01 Jul 2010
    SC381700 TARNDUNE (SCOTLAND) LTD 08 Jul 2010
    SC381709 THE EDINBURGH PLAYWRIGHT COMPANY LIMITED 08 Jul 2010
    SC381714 A.E.E.Z. LIMITED 08 Jul 2010
    SC381780 EDINBURGH CASTLE APART-HOTEL LTD 09 Jul 2010
    SC382325 EURO RESOURCING LIMITED 21 Jul 2010
    SC382710 JAMES COURT CORPORATE APARTMENTS LTD 28 Jul 2010
    SC381433 TORRIDON TRADING COMPANY LIMITED 05 Jul 2010
    SC381984 LOMOND CAPITAL LIMITED 14 Jul 2010
    SC381987 EAGLE BUYER LIMITED 14 Jul 2010
    SC382508 CENTRAL BUSINESS SALES LTD 26 Jul 2010
    SC382532 WEST REGISTER (HOTELS NUMBER 3) LIMITED 26 Jul 2010
    SC382555 ARRANFORTH LIMITED 26 Jul 2010
    SC382577 SPIRAL INNOVATION LIMITED 26 Jul 2010
    SC382889 EDISTON CHESSER LIMITED 30 Jul 2010
    SL007981 PARTNERS GROUP ACCESS 250 L.P. 09 Jul 2010
    SL007983 PARTNERS GROUP ACCESS 252 L.P. 09 Jul 2010
    SL007992 PARTNERS GROUP ACCESS 261 L.P. 09 Jul 2010
    SL007998 PARTNERS GROUP ACCESS 267 L.P. 09 Jul 2010
    SL008000 PARTNERS GROUP ACCESS 269 L.P. 09 Jul 2010
    SL008009 CAP III GENERAL PARTNER (SCOT) L.P. 09 Jul 2010
    SL008012 CLEANTECH EUROPE II SPECIAL INVESTORS, L.P. 15 Jul 2010
    SL008053 LION CAPITAL CARRY III L.P. 21 Jul 2010
    SL008054 SCATON INVESTMENTS LIMITED PARTNERSHIP 21 Jul 2010
    SL008076 PARTNERS GROUP ASIA-PACIFIC REAL ESTATE 2011, L.P. 28 Jul 2010