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

  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 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)EdinburghUK
    20132,890269,432
    20122,769253,150
    % change4.4%6.4%
    Record Year2013 (2,890)2007 (279,097)
    New Companies by Half Year
  2. 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)EdinburghUK
    20131,405134,630
    20121,352121,659
    % change3.9%10.7%
    Record Year 2013 (1,405) 2013 (134,630)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2013533416456
    New companies in 2012489393470
    % change9.0%5.9%-3.0%
    Record Year2013 (533)2013 (416)2012 (470)

Closed Companies (dissolved)

  1. 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)EdinburghUK
    20131,345155,192
    20121,356147,794
    % change-0.8%5.0%
    Record Year2009 (1,690)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)EdinburghUK
    201362177,278
    201262680,218
    % change-0.8%-3.7%
    Record Year 2009 (1,121) 2009 (181,179)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2013160296165
    Closed companies in 2012134224268
    % change19.4%32.1%-38%
    Record Year2013 (160)2009 (758)2009 (347)

Net Company Growth

  1. 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)EdinburghUK
    20131,545114,240
    20121,413105,356
    Record Year2013 (1,545)2007 (171,296)
    Net Growth by Half Year
  2. 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)EdinburghUK
    201378457,352
    201272641,441
    Record Year 2013 (784) 2007 (60,014)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2013373120291
    Net growth in 2012355169202
    Record Year2013 (373)2007 (177)2013 (291)

UK Company Share

  1. 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
    20131.1%
    20121.1%
    20111.0%
    20100.9%
    20090.8%
    Record Year (since 1960) 2001 (1.2%)
    Company Share by Half Year
  2. 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
    20131.0%
    20121.1%
    20111.1%
    20101.0%
    20090.8%
    Record Year (since 1960) 2001 (1.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20131.1%0.9%1.1%
    UK formation share in 20121.2%0.9%1.3%
    % change-8.4%2.9%-12.2%
    Record Year1988 (1.4%)2001 (1.3%)2001 (1.5%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

  1. Previous 12 months (Jun 2012-Jun 2013)

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

    wordpercentageuk worduk percentage
    LP15.72%CONSULTING5.25%
    L.P.9.51%MANAGEMENT4.80%
    CONSULTING2.13%CONSULTANCY3.41%
    EDINBURGH2.06%PROPERTY2.48%
    MANAGEMENT2.05%TRADING2.05%
    CAPITAL1.91%ENGINEERING1.81%
    INVESTMENTS1.65%DESIGN1.79%
    TRADING1.50%LONDON1.77%
    PARTNERS1.47%BUSINESS1.77%
    CORPORATION1.45%CONSULTANTS1.68%
    TRADE1.28%CONSTRUCTION1.68%
    (SCOTLAND)1.25%ASSOCIATES1.67%
    CONSULTANCY1.15%GLOBAL1.59%
    SCOTLAND1.05%MEDIA1.57%
    GROUP1.05%CARE1.55%
    GP0.92%J1.53%
    GLOBAL0.90%INVESTMENTS1.46%
    ACCESS0.89%IT1.40%
    PARTNERSHIP0.84%PROPERTIES1.40%
    BUSINESS0.81%M1.26%
    ALLIANCE0.81%BUILDING1.22%
    PROPERTY0.73%ELECTRICAL1.19%
    SALES0.73%ENTERPRISES1.18%
    EUROPE0.70%CAPITAL1.16%
    ENERGY0.69%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied4,642257,517
    82990 - Other business support service activities not elsewhere classified45554,555
    70229 - Management consultancy activities other than financial management32633,633
    62020 - Information technology consultancy activities27625,583
    99999 - Dormant Company26644,817
    74909 - Other professional, scientific and technical activities not elsewhere classified21917,095
    56103 - Take-away food shops and mobile food stands1636,140
    74990 - Non-trading company15014,303
    56101 - Licensed restaurants1277,148
    96090 - Other service activities not elsewhere classified12624,324
    62090 - Other information technology service activities10212,578
    62012 - Business and domestic software development998,590
    68209 - Other letting and operating of own or leased real estate827,871
    41100 - Development of building projects708,876
    68100 - Buying and selling of own real estate705,141
    64999 - Financial intermediation not elsewhere classified554,977
    86900 - Other human health activities538,687
    69201 - Accounting and auditing activities516,771
    63990 - Other information service activities not elsewhere classified495,057
    56302 - Public houses and bars475,165

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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