Edinburgh, Midlothian
2013 Half Year Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- The first half of 2013 saw a new record in company registrations in Edinburgh when compared to any previous first half year.
- Q2 2013 saw a new record in company registrations in Edinburgh when compared to any previous Q2.
- May 2013 saw a new record in company registrations in Edinburgh when compared to any previous May.
- April 2013 saw a new record in company registrations in Edinburgh when compared to any previous April.
- April 2013 saw a new record in company closures in Edinburgh when compared to any previous April.
- The first half of 2013 saw a new record in net growth in Edinburgh when compared to any previous first half year.
- June 2013 saw a new record in net growth in Edinburgh when compared to any previous June.
- April 2013 saw a new record in net growth in Edinburgh when compared to any previous April.
- The record first half year for female directors in Edinburgh was 2013 when 28.0% of all directors were female.
- The record second quarter for female directors in Edinburgh was in 2013 when 26.5% of all directors were female.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2013)
The first half of 2013 saw a new record in company registrations in Edinburgh when compared to any previous first half year.
In the first half of 2013 a total of 2,890 companies were formed in Edinburgh. This figure is 4.4% higher than last year, which compares badly to the UK wide figure of 6.4%.
The highest total for a first half year in Edinburgh occurred in 2013 when a total of 2,890 were formed.
Half Year (Jan-Jun) Edinburgh UK 2013 2,890 269,432 2012 2,769 253,150 % change 4.4% 6.4% Record Year 2013 (2,890) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Q2 2013 saw a new record in company registrations in Edinburgh when compared to any previous Q2.
A total of 1,405 companies were registered in Edinburgh during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 3.9% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Edinburgh UK 2013 1,405 134,630 2012 1,352 121,659 % change 3.9% 10.7% Record Year 2013 (1,405) 2013 (134,630) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
May 2013 saw a new record in company registrations in Edinburgh when compared to any previous May.
April 2013 saw a new record in company registrations in Edinburgh when compared to any previous April.
New Companies by Month
April May June New companies in 2013 533 416 456 New companies in 2012 489 393 470 % change 9.0% 5.9% -3.0% Record Year 2013 (533) 2013 (416) 2012 (470)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 1,345 companies were dissolved in Edinburgh. This figure is 0.8% lower than last year, which compares well to the UK wide change of 5.0%.
The highest total for a first half year in Edinburgh occurred in 2009 when a total of 1,690 were closed.
Half Year (Jan-Jun) Edinburgh UK 2013 1,345 155,192 2012 1,356 147,794 % change -0.8% 5.0% Record Year 2009 (1,690) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 621 companies were dissolved in Edinburgh during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is a decrease of 0.8% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Edinburgh UK 2013 621 77,278 2012 626 80,218 % change -0.8% -3.7% Record Year 2009 (1,121) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
April 2013 saw a new record in company closures in Edinburgh when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2013 160 296 165 Closed companies in 2012 134 224 268 % change 19.4% 32.1% -38% Record Year 2013 (160) 2009 (758) 2009 (347)
Net Company Growth
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Half Year Data (Jan-Jun 2013)
The first half of 2013 saw a new record in net growth in Edinburgh when compared to any previous first half year.
In the first half of 2013 the company register for Edinburgh increased by 1,545 companies.
Half Year (Jan-Jun) Edinburgh UK 2013 1,545 114,240 2012 1,413 105,356 Record Year 2013 (1,545) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Net company growth for Edinburgh during the second quarter of 2013 (Apr 2013 - Jun 2013) was 784 companies.
second quarter (Apr 2013 - Jun 2013) Edinburgh UK 2013 784 57,352 2012 726 41,441 Record Year 2013 (784) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
June 2013 saw a new record in net growth in Edinburgh when compared to any previous June.
April 2013 saw a new record in net growth in Edinburgh when compared to any previous April.
Net Growth by Month
April May June Net growth in 2013 373 120 291 Net growth in 2012 355 169 202 Record Year 2013 (373) 2007 (177) 2013 (291)
UK Company Share
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 Edinburgh formed 1.1% of all UK companies. This is the same as the 2012 figure of 1.1%.
Half Year (Jan-Jun) Edinburgh 2013 1.1% 2012 1.1% 2011 1.0% 2010 0.9% 2009 0.8% Record Year (since 1960) 2001 (1.2%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
In the second quarter of 2013, Edinburgh formed 1.0% of all UK companies.
second quarter (Apr 2013 - Jun 2013) Edinburgh 2013 1.0% 2012 1.1% 2011 1.1% 2010 1.0% 2009 0.8% Record Year (since 1960) 2001 (1.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 1.1% 0.9% 1.1% UK formation share in 2012 1.2% 0.9% 1.3% % change -8.4% 2.9% -12.2% Record Year 1988 (1.4%) 2001 (1.3%) 2001 (1.5%)
Director Age
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Half Year Data (Jan-Jun 2013)
The average age of a director in the first half of 2013 was 45.2.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 3.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The average age of a director in the second quarter of 2013 was 44.5.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.6%.
The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 3.8%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2013)
The record first half year for female directors in Edinburgh was 2013 when 28.0% of all directors were female.
28.0% of all director appointments in Edinburgh in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The record second quarter for female directors in Edinburgh was in 2013 when 26.5% of all directors were female.
26.5% of all director appointments in Edinburgh in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 15.72% CONSULTING 5.25% L.P. 9.51% MANAGEMENT 4.80% CONSULTING 2.13% CONSULTANCY 3.41% EDINBURGH 2.06% PROPERTY 2.48% MANAGEMENT 2.05% TRADING 2.05% CAPITAL 1.91% ENGINEERING 1.81% INVESTMENTS 1.65% DESIGN 1.79% TRADING 1.50% LONDON 1.77% PARTNERS 1.47% BUSINESS 1.77% CORPORATION 1.45% CONSULTANTS 1.68% TRADE 1.28% CONSTRUCTION 1.68% (SCOTLAND) 1.25% ASSOCIATES 1.67% CONSULTANCY 1.15% GLOBAL 1.59% SCOTLAND 1.05% MEDIA 1.57% GROUP 1.05% CARE 1.55% GP 0.92% J 1.53% GLOBAL 0.90% INVESTMENTS 1.46% ACCESS 0.89% IT 1.40% PARTNERSHIP 0.84% PROPERTIES 1.40% BUSINESS 0.81% M 1.26% ALLIANCE 0.81% BUILDING 1.22% PROPERTY 0.73% ELECTRICAL 1.19% SALES 0.73% ENTERPRISES 1.18% EUROPE 0.70% CAPITAL 1.16% ENERGY 0.69% TRAINING 1.16%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 4,642 257,517 82990 - Other business support service activities not elsewhere classified 455 54,555 70229 - Management consultancy activities other than financial management 326 33,633 62020 - Information technology consultancy activities 276 25,583 99999 - Dormant Company 266 44,817 74909 - Other professional, scientific and technical activities not elsewhere classified 219 17,095 56103 - Take-away food shops and mobile food stands 163 6,140 74990 - Non-trading company 150 14,303 56101 - Licensed restaurants 127 7,148 96090 - Other service activities not elsewhere classified 126 24,324 62090 - Other information technology service activities 102 12,578 62012 - Business and domestic software development 99 8,590 68209 - Other letting and operating of own or leased real estate 82 7,871 41100 - Development of building projects 70 8,876 68100 - Buying and selling of own real estate 70 5,141 64999 - Financial intermediation not elsewhere classified 55 4,977 86900 - Other human health activities 53 8,687 69201 - Accounting and auditing activities 51 6,771 63990 - Other information service activities not elsewhere classified 49 5,057 56302 - Public houses and bars 47 5,165
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC451377 LIVE IT DANCE STUDIOS LTD 03 Jun 2013 SC452077 ODDITIES CLOTHING LTD 11 Jun 2013 SC452118 HENCEFORWARD LIMITED 12 Jun 2013 SC452238 DUNSBOROUGH LIMITED 13 Jun 2013 SC452386 TIDE MOTION LIMITED 14 Jun 2013 SC452645 CONCORDANCE CONSULTING LIMITED 18 Jun 2013 SC452651 THE FULL SCOTTISH LTD 19 Jun 2013 SC453087 NEWS STOP LIMITED 25 Jun 2013 SC453370 TURKISH-SCOTTISH CHAMBER OF COMMERCE 27 Jun 2013 SC451644 MALCCOMMS LIMITED 05 Jun 2013 SC451765 ACTING UP WORLD LTD 06 Jun 2013 SC452009 ECDC YIN LIMITED 11 Jun 2013 SC452030 EDISTON RESIDENTIAL LIMITED 11 Jun 2013 SC452742 CRAIGBEG ENERGY LIMITED 19 Jun 2013 SC452886 URBANITE INVESTMENTS LIMITED 21 Jun 2013 SL013243 PROJECT LIGHT SCOTS JV SUB, LP 03 Jun 2013 SL013251 DELTAHEDGE LP 04 Jun 2013 SC451702 TIN KONNYA LTD. 06 Jun 2013 SC451756 MACDONALD AND REES LIMITED 06 Jun 2013 SL013334 CEP IV DOLLAR FEEDER GP, L.P. 06 Jun 2013 SC451785 MORNINGSIDE ASSOCIATES LIMITED 07 Jun 2013 SC452141 GT ASSET 24 LIMITED 12 Jun 2013 SC452284 STEWARTS DRIVEWAYS & PAVING LTD. 13 Jun 2013 SL013389 NEW HPE II L.P. 14 Jun 2013 SC452360 VIKARE DEVELOPMENTS (TUSCANY) LIMITED 14 Jun 2013
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