Edinburgh, Midlothian
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Edinburgh when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
- March 2014 saw a new record in company registrations in Edinburgh when compared to any previous March.
- March 2014 was a record month for company registrations in Edinburgh when compared to any month in history.
- February 2014 saw a new record in company registrations in Edinburgh when compared to any previous February.
- January 2014 saw a new record in company registrations in Edinburgh when compared to any previous January.
- March 2014 saw a new record in net growth in Edinburgh when compared to any previous March.
- February 2014 saw a new record in net growth in Edinburgh when compared to any previous February.
- January 2014 saw a new record in net growth in Edinburgh when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Edinburgh when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Edinburgh when compared to any quarter in history.
A total of 1,682 companies were registered in Edinburgh during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 13.3% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Edinburgh UK 2014 1,682 150,722 2013 1,485 134,802 % change 13.3% 11.8% Record Year 2014 (1,682) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in company registrations in Edinburgh when compared to any previous March.
March 2014 was a record month for company registrations in Edinburgh when compared to any month in history.
February 2014 saw a new record in company registrations in Edinburgh when compared to any previous February.
January 2014 saw a new record in company registrations in Edinburgh when compared to any previous January.
New Companies by Month
January February March New companies in 2014 466 580 636 New companies in 2013 459 522 504 % change 1.5% 11.1% 26.2% Record Year 2014 (466) 2014 (580) 2014 (636)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 690 companies were dissolved in Edinburgh during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 4.7% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Edinburgh UK 2014 690 82,370 2013 724 77,914 % change -4.7% 5.7% Record Year 2012 (730) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Dissolved Companies by Month
January February March Closed companies in 2014 242 214 234 Closed companies in 2013 238 211 275 % change 1.7% 1.4% -15% Record Year 2012 (255) 2009 (248) 2013 (275)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Edinburgh during the first quarter of 2014 (Jan 2014 - Mar 2014) was 992 companies.
first quarter (Jan 2014 - Mar 2014) Edinburgh UK 2014 992 68,352 2013 761 56,888 Record Year 2014 (992) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
March 2014 saw a new record in net growth in Edinburgh when compared to any previous March.
February 2014 saw a new record in net growth in Edinburgh when compared to any previous February.
January 2014 saw a new record in net growth in Edinburgh when compared to any previous January.
Net Growth by Month
January February March Net growth in 2014 224 366 402 Net growth in 2013 221 311 229 Record Year 2014 (224) 2014 (366) 2014 (402)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Edinburgh formed 1.1% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Edinburgh 2014 1.1% 2013 1.1% 2012 1.1% 2011 1.0% 2010 0.9% Record Year (since 1960) 1993 (1.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 1.0% 1.2% 1.1% UK formation share in 2013 1.0% 1.2% 1.1% % change -5.0% 2.6% 5.3% Record Year 1988 (1.4%) 1993 (1.6%) 1993 (1.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 45.1.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Edinburgh was in 2013 when 32.2% of all directors were female.
25.4% of all director appointments in Edinburgh in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 18.22% CONSULTING 5.22% L.P. 5.62% MANAGEMENT 4.67% PARTNERS 2.08% CONSULTANCY 3.49% CONSULTING 2.05% PROPERTY 2.64% EDINBURGH 2.01% TRADING 2.05% CAPITAL 1.96% LONDON 1.88% GROUP 1.81% ENGINEERING 1.86% TRADING 1.75% CARE 1.79% MANAGEMENT 1.71% CONSTRUCTION 1.75% ACCESS 1.59% DESIGN 1.75% SCOTLAND 1.36% CONSULTANTS 1.73% INVESTMENTS 1.28% BUSINESS 1.71% TRADE 1.14% PROPERTIES 1.60% (SCOTLAND) 0.99% INVESTMENTS 1.60% PROPERTY 0.97% GLOBAL 1.58% GP 0.96% J 1.48% CONSULTANCY 0.94% ASSOCIATES 1.48% BUSINESS 0.80% MEDIA 1.48% GLOBAL 0.69% IT 1.33% SYSTEMS 0.68% TRANSPORT 1.30% II 0.68% DEVELOPMENTS 1.29% SALES 0.65% BUILDING 1.24% PARTNERSHIP 0.60% M 1.21% PARTNER 0.60% CAPITAL 1.20% ENERGY 0.60% ELECTRICAL 1.19%
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 5,525 280,210 82990 - Other business support service activities not elsewhere classified 450 56,411 70229 - Management consultancy activities other than financial management 331 37,882 62020 - Information technology consultancy activities 316 27,750 99999 - Dormant Company 309 47,084 74909 - Other professional, scientific and technical activities not elsewhere classified 260 18,491 56103 - Take-away food shops and mobile food stands 173 7,300 74990 - Non-trading company 145 14,135 96090 - Other service activities not elsewhere classified 136 26,700 56101 - Licensed restaurants 135 7,965 68209 - Other letting and operating of own or leased real estate 118 9,284 62012 - Business and domestic software development 114 9,509 62090 - Other information technology service activities 107 12,813 41100 - Development of building projects 75 9,855 56302 - Public houses and bars 68 5,732 68100 - Buying and selling of own real estate 67 5,920 63990 - Other information service activities not elsewhere classified 65 5,949 70100 - Activities of head offices 63 4,019 69201 - Accounting and auditing activities 61 7,313 64999 - Financial intermediation not elsewhere classified 60 5,537
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SL015870 BIT DEVELOPMENTS EUROPE LP 05 Mar 2014 SC472049 AJ EVENT ALCHEMY LTD 10 Mar 2014 SL016037 DARDEN UNIVERSAL LP 12 Mar 2014 SC472455 CODE TANK LIMITED 13 Mar 2014 SL016150 TERRA GRANTE LP 19 Mar 2014 SL016162 GREENBY DAISY SYSTEM LP 19 Mar 2014 SL016163 OAKFERRY INDUSTRIES LP 19 Mar 2014 SL016167 NEWHAM VENTURES LP 19 Mar 2014 SL016170 SUMMERBOOK INVEST LP 19 Mar 2014 SO304839 SOCIAL GROWTH FUND LLP 21 Mar 2014 SC473406 PRIMAVOCE LIMITED 25 Mar 2014 SC473594 THE WEE HOSTEL LIMITED 26 Mar 2014 SC473737 ZARA & COMPANY LIMITED 28 Mar 2014 SC473864 EASTERN BRITISH TRADING LIMITED 31 Mar 2014 SO304815 ROSE STREET REALTY LLP 05 Mar 2014 SC472171 ORDISH PROPERTY LTD 11 Mar 2014 SC472834 FREDERICK STREET PROPERTY MANAGEMENT LTD 18 Mar 2014 SC472992 VAN RESTAURANTS LTD 20 Mar 2014 SL016184 VEISAR LP 24 Mar 2014 SC473742 BACKFIELD RENEWABLES LIMITED 28 Mar 2014 SC471455 SPLENZ LTD 03 Mar 2014 SO304808 SEEDCAMP GP LLP 04 Mar 2014 SL015856 VALVETE LP 05 Mar 2014 SC471648 CROLLA CLEANING LIMITED 05 Mar 2014 SC471657 GRANT LEE LTD 05 Mar 2014
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