Edinburgh, Midlothian

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Edinburgh when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Edinburgh when compared to any previous second half year.
  • The second half of 2012 was a record second half year for company registrations in Edinburgh when compared to any half year in history.
  • Q4 2012 saw a new record in company registrations in Edinburgh when compared to any previous Q4.
  • Q4 2012 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
  • December 2012 saw a new record in company registrations in Edinburgh when compared to any previous December.
  • November 2012 saw a new record in company registrations in Edinburgh when compared to any previous November.
  • October 2012 saw a new record in company registrations in Edinburgh when compared to any previous October.
  • October 2012 was a record month for company registrations in Edinburgh when compared to any month in history.
  • 2012 was a record year for net growth in Edinburgh when compared to any year in history.
  • The second half of 2012 saw a new record in net growth in Edinburgh when compared to any previous second half year.
  • The second half of 2012 was a record second half year for net growth in Edinburgh when compared to any half year in history.
  • Q4 2012 saw a new record in net growth in Edinburgh when compared to any previous Q4.
  • Q4 2012 was a record quarter for net growth in Edinburgh when compared to any quarter in history.
  • December 2012 saw a new record in net growth in Edinburgh when compared to any previous December.
  • November 2012 saw a new record in net growth in Edinburgh when compared to any previous November.
  • October 2012 saw a new record in net growth in Edinburgh when compared to any previous October.
  • October 2012 was a record month for net growth in Edinburgh when compared to any month in history.
  • 2012 was a record year for UK company share in Edinburgh when compared to any year in history.
  • The second half of 2012 saw a new record in UK company share in Edinburgh when compared to any previous second half year.
  • The second half of 2012 was a record second half year for UK company share in Edinburgh when compared to any half year in history.
  • Q4 2012 saw a new record in UK company share in Edinburgh when compared to any previous Q4.
  • Q4 2012 was a record quarter for UK company share in Edinburgh when compared to any quarter 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. Annual Data (2012)

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

    A total of 5,681 companies were formed in Edinburgh in 2012. This total is 16.7% higher than in 2011 and compares favourably to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearEdinburghUK
    20125,681491,893
    20114,869452,870
    20103,886400,358
    20093,207362,675
    20083,073349,203
    Record Year2012 (5,681)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Edinburgh when compared to any previous second half year.

    The second half of 2012 was a record second half year for company registrations in Edinburgh when compared to any half year in history.

    In the second half of 2012 a total of 2,912 companies were formed in Edinburgh. This figure is 15.3% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Edinburgh occurred in 2012 when a total of 2,912 were formed.

    Half Year (Jul-Dec)EdinburghUK
    20122,912238,743
    20112,526224,135
    % change15.3%6.5%
    Record Year2012 (2,912)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Edinburgh when compared to any previous Q4.

    Q4 2012 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.

    A total of 1,627 companies were registered in Edinburgh during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 33.6% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)EdinburghUK
    20121,627119,875
    20111,218109,623
    % change33.6%9.4%
    Record Year 2012 (1,627) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012577556494
    New companies in 2011432433353
    % change33.6%28.4%39.9%
    Record Year2012 (577)2012 (556)2012 (494)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 2,573 companies were dissolved in Edinburgh in 2012. This total is 11.1% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearEdinburghUK
    20122,573293,728
    20112,316314,524
    20103,084342,233
    20092,904533,787
    20081,723237,873
    Record Year2010 (3,084)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 1,217 companies were dissolved in Edinburgh. This figure is 4.1% lower than last year, which compares equally to the UK wide change of -4.1%.

    The highest total for a second half year in Edinburgh occurred in 2010 when a total of 1,499 were closed.

    Half Year (Jul-Dec)EdinburghUK
    20121,217145,934
    20111,269152,213
    % change-4.1%-4.1%
    Record Year2010 (1,499)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 556 companies were dissolved in Edinburgh during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 14.2% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)EdinburghUK
    201255670,026
    201164879,983
    % change-14.2%-12.4%
    Record Year 2010 (843) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2012158194204
    Closed companies in 2011180245223
    % change-12.2%-20.8%-9%
    Record Year2008 (518)2011 (245)2010 (275)

Net Company Growth

  1. Annual Data (2012)

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

    A total of 3,108 companies were added to the company register for Edinburgh in 2012. This number represents growth of 63.8% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 555 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Edinburgh company register grew by 3,108 companies.

    YearEdinburghUK
    20123,108198,165
    20112,553138,346
    201080258,125
    2009303-171,112
    20081,350111,330
    Record Year2012 (3,108)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in net growth in Edinburgh when compared to any previous second half year.

    The second half of 2012 was a record second half year for net growth in Edinburgh when compared to any half year in history.

    In the second half of 2012 the company register for Edinburgh increased by 1,695 companies.

    Half Year (Jul-Dec)EdinburghUK
    20121,69592,809
    20111,25771,922
    Record Year2012 (1,695)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in net growth in Edinburgh when compared to any previous Q4.

    Q4 2012 was a record quarter for net growth in Edinburgh when compared to any quarter in history.

    Net company growth for Edinburgh during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 1,071 companies.

    fourth quarter (Oct 2012 - Dec 2012)EdinburghUK
    20121,07149,849
    201157029,640
    Record Year 2012 (1,071) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

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

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2012419362290
    Net growth in 2011252188130
    Record Year2012 (419)2012 (362)2012 (290)

UK Company Share

  1. Annual Data (2012)

    2012 was a record year for UK company share in Edinburgh when compared to any year in history.

    In 2012 Edinburgh formed 1.2% of all UK companies. This is an improvement on 2011 when Edinburgh was responsible for 1.1% of all UK companies.

    YearEdinburgh
    20121.2%
    20111.1%
    20101.0%
    20090.9%
    20080.9%
    Record Year (since 1960)2012 (1.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in UK company share in Edinburgh when compared to any previous second half year.

    The second half of 2012 was a record second half year for UK company share in Edinburgh when compared to any half year in history.

    In the second half of 2012 Edinburgh formed 1.2% of all UK companies. This is more than the 2011 figure of 1.1%.

    Half Year (Jul-Dec)Edinburgh
    20121.2%
    20111.1%
    20101.0%
    20091.0%
    20080.9%
    Record Year (since 1960) 2012 (1.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Edinburgh formed 1.4% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Edinburgh
    20121.4%
    20111.1%
    20101.0%
    20091.0%
    20080.9%
    Record Year (since 1960) 2012 (1.4%)
    Company Share by Quarter

    Q4 2012 saw a new record in UK company share in Edinburgh when compared to any previous Q4.

    Q4 2012 was a record quarter for UK company share in Edinburgh when compared to any quarter in history.

  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20121.3%1.3%1.6%
    UK formation share in 20111.1%1.1%1.2%
    % change12.2%22.2%36.2%
    Record Year1985 (3.1%)1965 (1.4%)1967 (1.9%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.2.

    The percentage of directors under the age of 25 was 3.3% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 42.9.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 42.1.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Edinburgh was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Edinburgh in 2012 was 27.1%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    23.7% of all director appointments in Edinburgh in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Edinburgh was in 1977 when 31.2% of all directors were female.

    24.2% of all director appointments in Edinburgh in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    LP14.96%CONSULTING5.15%
    L.P.12.97%MANAGEMENT4.78%
    MANAGEMENT2.23%CONSULTANCY3.31%
    EDINBURGH1.88%PROPERTY2.40%
    CAPITAL1.85%TRADING2.03%
    INVESTMENTS1.85%DESIGN1.86%
    CORPORATION1.83%ASSOCIATES1.82%
    CONSULTING1.75%ENGINEERING1.79%
    TRADING1.38%BUSINESS1.76%
    PARTNERSHIP1.33%CONSULTANTS1.75%
    TRADE1.19%CONSTRUCTION1.69%
    GLOBAL1.19%LONDON1.69%
    (SCOTLAND)1.17%MEDIA1.69%
    SCOTLAND1.06%GLOBAL1.59%
    BUSINESS1.06%J1.57%
    PROPERTY0.98%INVESTMENTS1.46%
    TECHNOLOGY0.95%IT1.43%
    CONSULTANCY0.93%CARE1.39%
    GP0.90%PROPERTIES1.34%
    ALLIANCE0.82%M1.26%
    ENTERPRISES0.75%BUILDING1.23%
    PARTNERS0.74%ENTERPRISES1.21%
    IMPEX0.74%TRAINING1.18%
    SALES0.72%ELECTRICAL1.17%
    INTER0.71%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,929236,139
    82990 - Other business support service activities not elsewhere classified42252,427
    70229 - Management consultancy activities other than financial management31530,396
    62020 - Information technology consultancy activities27823,256
    99999 - Dormant Company20940,648
    74909 - Other professional, scientific and technical activities not elsewhere classified19115,572
    56103 - Take-away food shops and mobile food stands1525,132
    74990 - Non-trading company14913,808
    96090 - Other service activities not elsewhere classified12522,058
    56101 - Licensed restaurants1256,400
    62090 - Other information technology service activities10512,291
    7487 - Other business activities9310,703
    62012 - Business and domestic software development857,446
    68100 - Buying and selling of own real estate764,752
    68209 - Other letting and operating of own or leased real estate686,971
    41100 - Development of building projects637,980
    64999 - Financial intermediation not elsewhere classified594,537
    86900 - Other human health activities577,866
    69201 - Accounting and auditing activities466,177
    35110 - Production of electricity441,611

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC433917 EFERO TRANSPORT LTD 03 Oct 2012
    SC434324 LEADBURN INN LTD 09 Oct 2012
    SL011451 DUNEDIN (GP III) L.P. 09 Oct 2012
    SL011452 DUNEDIN FOUNDER PARTNERS III L.P. 09 Oct 2012
    SO304112 H & N DEVELOPMENTS LLP 11 Oct 2012
    SC434960 DEVICELAB LTD. 17 Oct 2012
    SC435289 MMCM MIDLANDS LTD 23 Oct 2012
    SC433859 INADVANCE RECRUITMENT LTD 02 Oct 2012
    SO304110 W.W INITIATIVES LLP 08 Oct 2012
    SC434395 TEAM COMMERCIAL FINANCE LTD 09 Oct 2012
    SL011493 DISPLAY SERVICE NETWORK HEADQUARTER L.P. 15 Oct 2012
    SL011511 M&G RED III EMPLOYEE FEEDER LP 18 Oct 2012
    SL011512 M&G RED III SLP LP 18 Oct 2012
    SC435221 EAST LOTHIAN DEVELOPMENTS LIMITED 22 Oct 2012
    SC435224 CLIFTON FUNDING LIMITED 22 Oct 2012
    SC435420 ST ANDREWS BAKERS (MERCHANT PLACE) LTD 24 Oct 2012
    SC435460 ST ANDREWS BAKERS (DYSART) LTD 25 Oct 2012
    SC435543 FHT HOLDINGS LIMITED 26 Oct 2012
    SC433782 NETHER KIRKTON FARMS LTD. 01 Oct 2012
    SC434147 TOPQ SOFTWARE LIMITED 05 Oct 2012
    SC434171 JHW SOLUTIONS LIMITED 05 Oct 2012
    SC434382 INTERNATIONAL CORRESPONDENCE SCHOOLS LIMITED 09 Oct 2012
    SC434538 EZEFLOW UNITED KINGDOM LIMITED 11 Oct 2012
    SC434575 KEY FITNESS 11 Oct 2012
    SC434661 SYSCO TRAVEL AGENCY LIMITED 12 Oct 2012