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Edinburgh, Midlothian

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company registrations in Edinburgh when compared to any year in history.
  • The second half of 2011 saw a new record in company registrations in Edinburgh when compared to any previous second half year.
  • The second half of 2011 was a record second half year for company registrations in Edinburgh when compared to any half year in history.
  • Q4 2011 saw a new record in company registrations in Edinburgh when compared to any previous Q4.
  • December 2011 saw a new record in company registrations in Edinburgh when compared to any previous December.
  • November 2011 saw a new record in company registrations in Edinburgh when compared to any previous November.
  • October 2011 saw a new record in company registrations in Edinburgh when compared to any previous October.
  • November 2011 saw a new record in company closures in Edinburgh when compared to any previous November.
  • 2011 was a record year for net growth in Edinburgh when compared to any year in history.
  • The second half of 2011 saw a new record in net growth in Edinburgh when compared to any previous second half year.
  • Q4 2011 saw a new record in net growth in Edinburgh when compared to any previous Q4.
  • November 2011 saw a new record in net growth in Edinburgh when compared to any previous November.
  • October 2011 saw a new record in net growth in Edinburgh when compared to any previous October.
  • The second half of 2011 saw a new record in UK company share in Edinburgh when compared to any previous second half year.

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. Annual Data (2011)

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

    A total of 4,869 companies were formed in Edinburgh in 2011. This total is 25.3% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearEdinburghUK
    20114,869452,870
    20103,886400,358
    20093,207362,675
    20083,073349,203
    20073,285457,649
    Record Year2011 (4,869)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

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

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

    In the second half of 2011 a total of 2,526 companies were formed in Edinburgh. This figure is 25.9% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Edinburgh occurred in 2011 when a total of 2,526 were formed.

    Half Year (Jul-Dec)EdinburghUK
    20112,526224,135
    20102,007196,609
    % change25.9%14.0%
    Record Year2011 (2,526)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company registrations in Edinburgh when compared to any previous Q4.

    A total of 1,218 companies were registered in Edinburgh during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 34.1% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)EdinburghUK
    20111,218109,623
    201090895,117
    % change34.1%15.3%
    Record Year 2011 (1,218) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011432433353
    New companies in 2010304328276
    % change42.1%32.0%27.9%
    Record Year2011 (432)2011 (433)2011 (353)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 2,316 companies were dissolved in Edinburgh in 2011. This total is 24.8% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearEdinburghUK
    20112,316314,523
    20103,078342,232
    20092,901533,773
    20081,721237,901
    20071,541220,295
    Record Year2010 (3,078)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 1,270 companies were dissolved in Edinburgh. This figure is 15.2% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Edinburgh occurred in 2010 when a total of 1,497 were closed.

    Half Year (Jul-Dec)EdinburghUK
    20111,270152,213
    20101,497164,601
    % change-15.2%-7.5%
    Record Year2010 (1,497)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 648 companies were dissolved in Edinburgh during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 22.9% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)EdinburghUK
    201164879,983
    201084176,896
    % change-22.9%4.0%
    Record Year 2010 (841) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in company closures in Edinburgh when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011180245223
    Closed companies in 2010359208274
    % change-49.9%17.8%-19%
    Record Year2008 (517)2011 (245)2010 (274)

Net Company Growth

  1. Annual Data (2011)

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

    A total of 2,553 companies were added to the company register for Edinburgh in 2011. This number represents growth of 65.7% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 1,745 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Edinburgh company register grew by 2,553 companies.

    YearEdinburghUK
    20112,553138,347
    201080858,126
    2009306-171,098
    20081,352111,302
    20071,744237,354
    Record Year2011 (2,553)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

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

    In the second half of 2011 the company register for Edinburgh increased by 1,256 companies.

    Half Year (Jul-Dec)EdinburghUK
    20111,25671,922
    201051032,008
    Record Year2011 (1,256)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in net growth in Edinburgh when compared to any previous Q4.

    Net company growth for Edinburgh during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 570 companies.

    fourth quarter (Oct 2011 - Dec 2011)EdinburghUK
    201157029,640
    20106718,221
    Record Year 2011 (570) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2011252188130
    Net growth in 2010-551202
    Record Year2011 (252)2011 (188)2000 (233)

UK Company Share

  1. Annual Data (2011)

    In 2011 Edinburgh formed 1.1% of all UK companies. This is an improvement on 2010 when Edinburgh was responsible for 1.0% of all UK companies.

    YearEdinburgh
    20111.1%
    20101.0%
    20090.9%
    20080.9%
    20070.7%
    Record Year (since 1960)2001 (1.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in UK company share in Edinburgh when compared to any previous second half year.

    In the second half of 2011 Edinburgh formed 1.1% of all UK companies. This is more than the 2010 figure of 1.0%.

    Half Year (Jul-Dec)Edinburgh
    20111.1%
    20101.0%
    20091.0%
    20080.9%
    20070.9%
    Record Year (since 1960) 2011 (1.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Edinburgh
    20111.1%
    20101.0%
    20091.0%
    20080.9%
    20070.9%
    Record Year (since 1960) 2000 (1.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20111.1%1.1%1.2%
    UK formation share in 20100.9%1.0%1.0%
    % change23.5%12.5%13.4%
    Record Year1985 (3.1%)1965 (1.4%)1967 (1.9%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 43.6.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 42.9.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 43.2.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Edinburgh was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Edinburgh in 2011 was 26.3%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Edinburgh was 1860 when 42.9% of all directors were female.

    25.4% of all director appointments in Edinburgh in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Edinburgh was in 1977 when 31.1% of all directors were female.

    25.7% of all director appointments in Edinburgh in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    L.P.16.88%CONSULTING5.07%
    LP7.45%MANAGEMENT4.74%
    PARTNERS5.43%CONSULTANCY3.26%
    GROUP4.98%PROPERTY2.37%
    ACCESS4.84%TRADING2.07%
    CONSULTING2.13%DESIGN1.92%
    MANAGEMENT2.13%ASSOCIATES1.86%
    EDINBURGH1.86%ENGINEERING1.78%
    INVESTMENTS1.59%BUSINESS1.78%
    CORPORATION1.46%CONSULTANTS1.76%
    CAPITAL1.23%CONSTRUCTION1.73%
    BUSINESS1.21%MEDIA1.71%
    PARTNERSHIP1.19%LONDON1.63%
    (SCOTLAND)1.16%J1.51%
    CONSULTANCY1.14%INVESTMENTS1.48%
    PROPERTY1.03%GLOBAL1.46%
    SCOTLAND1.01%IT1.41%
    TRADE0.94%CARE1.39%
    ENERGY0.92%PROPERTIES1.29%
    GLOBAL0.92%ELECTRICAL1.29%
    (EDINBURGH)0.79%M1.27%
    TRADING0.74%BUILDING1.26%
    EUROPE0.74%ENERGY1.25%
    GP0.72%S1.20%
    SALES0.70%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,873205,525
    7487 - Other business activities40857,052
    82990 - Other business support service activities not elsewhere classified26532,483
    70229 - Management consultancy activities other than financial management18317,765
    62020 - Information technology consultancy activities15412,072
    99999 - Dormant Company11021,846
    74909 - Other professional, scientific and technical activities not elsewhere classified1068,671
    96090 - Other service activities not elsewhere classified10111,768
    7414 - Business & management consultancy9813,034
    74990 - Non-trading company978,929
    9999 - Dormant Company8720,199
    7499 - Non-trading company869,957
    56103 - Take-away food shops and mobile food stands792,264
    5552 - Catering712,110
    5530 - Restaurants695,013
    7222 - Other software consultancy and supply687,398
    56101 - Licensed restaurants672,159
    62090 - Other information technology service activities647,493
    7260 - Other computer related activities527,667
    9305 - Other service activities449,492

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SO303585 WETTENHALL TRADE LLP 05 Oct 2011
    SC408845 SBG RESTAURANTS LIMITED 06 Oct 2011
    SC409257 LW (EDINBURGH) LTD. 12 Oct 2011
    SO303613 STAITON MANAGEMENT LLP 21 Oct 2011
    SC408809 FERONIA CAPITAL LIMITED 05 Oct 2011
    SC408886 MANSE (EAGLESCLIFFE) LIMITED 06 Oct 2011
    SC409047 CASTLE EUROPEAN CAPITAL LIMITED 10 Oct 2011
    SC409052 ALEXANDER INGLIS NEWCO LIMITED 10 Oct 2011
    SC409064 ERIDAN LIMITED 10 Oct 2011
    SL009731 GLOBAL INFRASTRUCTURE PARTNERS II-D1 (SURPLUS), L.P. 06 Oct 2011
    SL009746 BDC II FP LP 14 Oct 2011
    SC408573 DHCRE III FEEDER LIMITED 03 Oct 2011
    SC408726 WHISKY DELTA LTD 05 Oct 2011
    SC408732 IT DEPT CONSULTING LIMITED 05 Oct 2011
    SC408754 GLOBAL INFRASTRUCTURE GP II-D LIMITED 05 Oct 2011
    SC408890 TC TRUSTEES (NO.2) LIMITED 06 Oct 2011
    SC409146 WELLINGTON PARTNERS MANAGEMENT (SCOTS) LIMITED 11 Oct 2011
    SC409175 ALLTHINGS LIMITED 11 Oct 2011
    SC409217 HUGH GOURLAY LIMITED 11 Oct 2011
    SC409238 BDC II FP GP LIMITED 12 Oct 2011
    SC409269 PHARMI MED LTD 12 Oct 2011
    SC409272 JADKAN PROPERTY LTD. 12 Oct 2011
    SC409538 FORM (2011) LIMITED 17 Oct 2011
    SC409781 BEN DRONAIG HYDRO LIMITED 20 Oct 2011
    SC409895 TREEBEARD INVESTMENTS LIMITED 24 Oct 2011