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Edinburgh, Midlothian

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Edinburgh when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Edinburgh when compared to any half year in history.
  • Q2 2011 saw a new record in company registrations in Edinburgh when compared to any previous Q2.
  • Q2 2011 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
  • June 2011 saw a new record in company registrations in Edinburgh when compared to any previous June.
  • June 2011 was a record month for company registrations in Edinburgh when compared to any month in history.
  • May 2011 saw a new record in company registrations in Edinburgh when compared to any previous May.
  • April 2011 saw a new record in company registrations in Edinburgh when compared to any previous April.
  • The first half of 2011 saw a new record in net growth in Edinburgh when compared to any previous first half year.
  • The first half of 2011 was a record first half year for net growth in Edinburgh when compared to any half year in history.
  • Q2 2011 saw a new record in net growth in Edinburgh when compared to any previous Q2.
  • Q2 2011 was a record quarter for net growth in Edinburgh when compared to any quarter in history.
  • June 2011 saw a new record in net growth in Edinburgh when compared to any previous June.
  • April 2011 saw a new record in net growth in Edinburgh when compared to any previous April.
  • April 2011 was a record month for net growth in Edinburgh when compared to any month in history.

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 2011)

    The first half of 2011 saw a new record in company registrations in Edinburgh when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Edinburgh when compared to any half year in history.

    In the first half of 2011 a total of 2,343 companies were formed in Edinburgh. This figure is 24.7% higher than last year, which compares well to the UK wide figure of 12.3%.

    The highest total for a first half year in Edinburgh occurred in 2011 when a total of 2,343 were formed.

    Half Year (Jan-Jun)EdinburghUK
    20112,343228,735
    20101,879203,749
    % change24.7%12.3%
    Record Year2011 (2,343)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in company registrations in Edinburgh when compared to any previous Q2.

    Q2 2011 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.

    A total of 1,230 companies were registered in Edinburgh during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 27.5% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)EdinburghUK
    20111,230112,344
    201096598,612
    % change27.5%13.9%
    Record Year 2011 (1,230) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in company registrations in Edinburgh when compared to any previous June.

    June 2011 was a record month for company registrations in Edinburgh when compared to any month in history.

    May 2011 saw a new record in company registrations in Edinburgh when compared to any previous May.

    April 2011 saw a new record in company registrations in Edinburgh when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2011396397437
    New companies in 2010347289329
    % change14.1%37.4%32.8%
    Record Year2011 (396)2011 (397)2011 (437)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 1,046 companies were dissolved in Edinburgh. This figure is 33.8% lower than last year, which compares well to the UK wide change of -8.6%.

    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
    20111,046162,310
    20101,581177,631
    % change-33.8%-8.6%
    Record Year2009 (1,689)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 512 companies were dissolved in Edinburgh during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 44.7% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)EdinburghUK
    201151271,324
    201092694,954
    % change-44.7%-24.9%
    Record Year 2009 (1,120) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011104221187
    Closed companies in 2010154552220
    % change-32.5%-60.0%-15%
    Record Year2010 (154)2009 (758)2009 (346)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    The first half of 2011 saw a new record in net growth in Edinburgh when compared to any previous first half year.

    The first half of 2011 was a record first half year for net growth in Edinburgh when compared to any half year in history.

    In the first half of 2011 the company register for Edinburgh increased by 1,297 companies.

    Half Year (Jan-Jun)EdinburghUK
    20111,29766,425
    201029826,118
    Record Year2011 (1,297)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in net growth in Edinburgh when compared to any previous Q2.

    Q2 2011 was a record quarter for net growth in Edinburgh when compared to any quarter in history.

    Net company growth for Edinburgh during the second quarter of 2011 (Apr 2011 - Jun 2011) was 718 companies.

    second quarter (Apr 2011 - Jun 2011)EdinburghUK
    201171841,020
    2010393,658
    Record Year 2011 (718) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in net growth in Edinburgh when compared to any previous June.

    April 2011 saw a new record in net growth in Edinburgh when compared to any previous April.

    April 2011 was a record month for net growth in Edinburgh when compared to any month in history.

    Net Growth by Month
    AprilMayJune
    Net growth in 2011292176250
    Net growth in 2010193-263109
    Record Year2011 (292)2007 (177)2011 (250)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Edinburgh formed 1.0% of all UK companies. This is more than the 2010 figure of 0.9%.

    Half Year (Jan-Jun)Edinburgh
    20111.0%
    20100.9%
    20090.8%
    20080.8%
    20070.6%
    Record Year (since 1960) 2001 (1.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Edinburgh formed 1.1% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Edinburgh
    20111.1%
    20101.0%
    20090.8%
    20080.8%
    20070.7%
    Record Year (since 1960) 2001 (1.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20111.1%1.0%1.1%
    UK formation share in 20101.0%1.0%0.9%
    % change10.5%8.2%17.7%
    Record Year1979 (9.6%)1969 (1.4%)1973 (1.5%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 44.3.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 44.1.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in Edinburgh was 1861 when 40.0% of all directors were female.

    25.5% of all director appointments in Edinburgh in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Edinburgh was in 1866 when 66.7% of all directors were female.

    24.3% of all director appointments in Edinburgh in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2010-Jun 2011)

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

    wordpercentageuk worduk percentage
    L.P.16.06%CONSULTING5.09%
    LP3.92%MANAGEMENT4.86%
    PARTNERS3.86%CONSULTANCY3.17%
    GROUP3.35%PROPERTY2.43%
    ACCESS3.06%TRADING2.05%
    CONSULTING2.41%DESIGN1.94%
    EDINBURGH2.08%ASSOCIATES1.92%
    INVESTMENTS1.80%BUSINESS1.87%
    CORPORATION1.69%CONSTRUCTION1.77%
    MANAGEMENT1.57%CONSULTANTS1.76%
    (SCOTLAND)1.29%MEDIA1.73%
    SCOTLAND1.27%ENGINEERING1.67%
    CAPITAL1.27%LONDON1.60%
    CONSULTANCY1.12%GLOBAL1.46%
    GLOBAL1.02%J1.44%
    PARTNERSHIP1.00%CARE1.44%
    TRADING0.98%INVESTMENTS1.42%
    PROPERTY0.96%IT1.39%
    BUSINESS0.96%BUILDING1.32%
    (EDINBURGH)0.90%PROPERTIES1.31%
    ASSOCIATES0.84%ELECTRICAL1.30%
    GP0.69%M1.27%
    ENTERPRISES0.67%S1.23%
    III0.67%ENTERPRISES1.20%
    TRADE0.67%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,710202,072
    7487 - Other business activities43860,758
    82990 - Other business support service activities not elsewhere classified24230,647
    70229 - Management consultancy activities other than financial management16116,419
    62020 - Information technology consultancy activities12610,545
    74909 - Other professional, scientific and technical activities not elsewhere classified1017,835
    99999 - Dormant Company9618,918
    74990 - Non-trading company928,481
    9999 - Dormant Company9220,111
    7499 - Non-trading company9010,955
    7414 - Business & management consultancy8913,053
    96090 - Other service activities not elsewhere classified8610,322
    56103 - Take-away food shops and mobile food stands721,826
    5552 - Catering672,138
    5530 - Restaurants645,086
    7222 - Other software consultancy and supply567,143
    56101 - Licensed restaurants562,441
    62090 - Other information technology service activities517,095
    7260 - Other computer related activities457,849
    9305 - Other service activities399,063

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SO303407 INFROTRADE SALES LLP 21 Jun 2011
    SC401545 PLAYFAIR INVESTMENTS LTD 13 Jun 2011
    SC401643 ALBUS ACCOUNTING LIMITED 14 Jun 2011
    SC401768 N E G FOOD FRANCHISE LIMITED 15 Jun 2011
    SC402117 HAMILTON TECHNICAL SERVICES LTD 21 Jun 2011
    SC402307 GATHERING ESSENCE LIMITED 23 Jun 2011
    SC402602 ELLCAN SPONSORSHIP LTD 29 Jun 2011
    SO303426 LAMFORD SALES LLP 28 Jun 2011
    SC400855 CORPORATE CAR CLUB LIMITED 02 Jun 2011
    SC400930 SLM SNOWBLOWERS UK LTD 03 Jun 2011
    SC401229 T S A FOOD FRANCHISE LIMITED 08 Jun 2011
    SC402010 RBS INVESTMENT EXECUTIVE LIMITED 21 Jun 2011
    SC402098 RENAISSANCE CARE (NO 5) LIMITED 21 Jun 2011
    SC402100 RENAISSANCE CARE (NO2) LIMITED 21 Jun 2011
    SC402378 BELSCO 1044 LIMITED 24 Jun 2011
    SC402380 BELSCO 1043 LIMITED 24 Jun 2011
    SL009032 NOVA CAPITAL GP INVESTMENTS IV LP 02 Jun 2011
    SL009043 HIP III GP L.P. 03 Jun 2011
    SL009082 BROKEN ARROW INVESTMENT PARTNERS LP 15 Jun 2011
    SL009120 CUPRUM GLASGOW LP 16 Jun 2011
    SL009121 ADVEQ TECHNOLOGY VII L.P. 16 Jun 2011
    SL009124 GENESCO SCOT LP 21 Jun 2011
    SL009149 DB IMPACT INVESTMENT FUND I, L.P. 24 Jun 2011
    SL009150 AGFA-GEVAERT (SCOTS) LIMITED PARTNERSHIP 27 Jun 2011
    SC400892 LIBANUS DIAGNOSTICS LIMITED 03 Jun 2011