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Edinburgh, Midlothian

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Edinburgh when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
  • March 2012 saw a new record in company registrations in Edinburgh when compared to any previous March.
  • March 2012 was a record month for company registrations in Edinburgh when compared to any month in history.
  • February 2012 saw a new record in company registrations in Edinburgh when compared to any previous February.
  • February 2012 was a record month for company registrations in Edinburgh when compared to any month in history.
  • January 2012 saw a new record in company registrations in Edinburgh when compared to any previous January.
  • Q1 2012 saw a new record in company closures in Edinburgh when compared to any previous Q1.
  • January 2012 saw a new record in company closures in Edinburgh when compared to any previous January.
  • Q1 2012 saw a new record in net growth in Edinburgh when compared to any previous Q1.
  • March 2012 saw a new record in net growth in Edinburgh when compared to any previous March.
  • March 2012 was a record month for net growth in Edinburgh when compared to any month in history.
  • February 2012 saw a new record in net growth in Edinburgh when compared to any previous February.

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 (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Edinburgh when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.

    A total of 1,417 companies were registered in Edinburgh during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 27.3% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)EdinburghUK
    20121,417131,491
    20111,113116,391
    % change27.3%13.0%
    Record Year 2012 (1,417) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in company registrations in Edinburgh when compared to any previous March.

    March 2012 was a record month for company registrations in Edinburgh when compared to any month in history.

    February 2012 saw a new record in company registrations in Edinburgh when compared to any previous February.

    February 2012 was a record month for company registrations in Edinburgh when compared to any month in history.

    January 2012 saw a new record in company registrations in Edinburgh when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012382500535
    New companies in 2011302384427
    % change26.5%30.2%25.3%
    Record Year2012 (382)2012 (500)2012 (535)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company closures in Edinburgh when compared to any previous Q1.

    A total of 732 companies were dissolved in Edinburgh during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 37.1% versus the same period last year (Q1 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)EdinburghUK
    201273267,576
    201153490,987
    % change37.1%-25.7%
    Record Year 2012 (732) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in company closures in Edinburgh when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012256239237
    Closed companies in 2011208168158
    % change23.1%42.3%50%
    Record Year2012 (256)2009 (248)2010 (247)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in net growth in Edinburgh when compared to any previous Q1.

    Net company growth for Edinburgh during the first quarter of 2012 (Jan 2012 - Mar 2012) was 685 companies.

    first quarter (Jan 2012 - Mar 2012)EdinburghUK
    201268563,915
    201157925,404
    Record Year 2012 (685) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    March 2012 saw a new record in net growth in Edinburgh when compared to any previous March.

    March 2012 was a record month for net growth in Edinburgh when compared to any month in history.

    February 2012 saw a new record in net growth in Edinburgh when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012126261298
    Net growth in 201194216269
    Record Year2007 (177)2012 (261)2012 (298)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Edinburgh formed 1.1% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Edinburgh
    20121.1%
    20111.0%
    20100.9%
    20090.9%
    20080.9%
    Record Year (since 1960) 1993 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20121.0%1.1%1.1%
    UK formation share in 20110.9%1.0%1.0%
    % change8.4%11.4%17.2%
    Record Year1960 (1.6%)1974 (1.7%)1979 (12.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 42.4.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

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

    23.9% of all director appointments in Edinburgh in the first quarter of 2012 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 (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    L.P.15.03%CONSULTING5.07%
    LP9.52%MANAGEMENT4.74%
    PARTNERS4.21%CONSULTANCY3.30%
    GROUP3.77%PROPERTY2.37%
    ACCESS3.59%TRADING2.07%
    MANAGEMENT2.14%DESIGN1.93%
    CONSULTING1.95%ENGINEERING1.86%
    EDINBURGH1.83%ASSOCIATES1.84%
    INVESTMENTS1.59%CONSULTANTS1.79%
    PARTNERSHIP1.33%BUSINESS1.73%
    BUSINESS1.32%MEDIA1.72%
    CAPITAL1.28%CONSTRUCTION1.72%
    CORPORATION1.18%LONDON1.66%
    (SCOTLAND)1.18%J1.54%
    TRADE1.10%INVESTMENTS1.51%
    CONSULTANCY1.10%GLOBAL1.50%
    PROPERTY1.08%IT1.40%
    SCOTLAND1.06%CARE1.34%
    GLOBAL1.04%PROPERTIES1.31%
    ENERGY0.98%ELECTRICAL1.27%
    TRADING0.86%M1.27%
    GP0.79%BUILDING1.24%
    (EDINBURGH)0.75%ENERGY1.20%
    ASSOCIATES0.75%S1.20%
    SALES0.74%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,099216,665
    7487 - Other business activities37652,735
    82990 - Other business support service activities not elsewhere classified29135,233
    70229 - Management consultancy activities other than financial management19619,704
    62020 - Information technology consultancy activities17714,303
    99999 - Dormant Company12025,084
    96090 - Other service activities not elsewhere classified11213,637
    74990 - Non-trading company1119,729
    74909 - Other professional, scientific and technical activities not elsewhere classified1079,892
    7414 - Business & management consultancy9212,113
    56103 - Take-away food shops and mobile food stands892,902
    7499 - Non-trading company799,102
    9999 - Dormant Company7918,617
    56101 - Licensed restaurants741,885
    62090 - Other information technology service activities718,145
    5552 - Catering671,960
    7222 - Other software consultancy and supply666,934
    5530 - Restaurants574,633
    62012 - Business and domestic software development514,356
    7260 - Other computer related activities487,154

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SO303824 BRANDFORD UNION LLP 01 Mar 2012
    SC418609 ENRICH ONLINE SERVICES LTD 05 Mar 2012
    SC418610 SCOTMID PENSION GP LIMITED 05 Mar 2012
    SC418618 ICHOR HOLDINGS LTD 05 Mar 2012
    SC418766 TURIYA LTD 07 Mar 2012
    SC418817 AXIS CORPORATE LIMITED 07 Mar 2012
    SC418832 HERNANDEZ & CO LTD. 07 Mar 2012
    SO303861 BORINVEST SERVICES LLP 22 Mar 2012
    SC419317 SPENCE AND SPENCE (SCOTLAND) LIMITED 13 Mar 2012
    SC419479 TLA LOCUM LTD 15 Mar 2012
    SC419613 ACGM LTD 16 Mar 2012
    SC419953 LUXURY LETTING SOLUTIONS LTD. 20 Mar 2012
    SC419955 HOME UPGRADES (SCOTLAND) LTD. 20 Mar 2012
    SC420221 EGLINTON PROPERTY INVESTMENTS LIMITED 23 Mar 2012
    SC418369 CITY PARTNERSHIP NOMINEE LIMITED 02 Mar 2012
    SC418440 LOMNIINVENT LTD 02 Mar 2012
    SO303857 LMF GP LLP 20 Mar 2012
    SC418359 LOCH DUART HOLDINGS LIMITED 02 Mar 2012
    SC418553 THE SPICE TAKEAWAY LTD. 05 Mar 2012
    SC418729 INNOVATOR SPORTS MANAGEMENT LIMITED 06 Mar 2012
    SO303829 ALLT MOR HYDRO LLP 06 Mar 2012
    SC418806 INTEGRATED DENTALCARE LIMITED 07 Mar 2012
    SO303872 THE WHISKY BOND LLP 29 Mar 2012
    SC418963 BEECHBROOK MEZZANINE II GP LIMITED 08 Mar 2012
    SC419009 PAYMENT TERM FINANCE LIMITED 08 Mar 2012