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

  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 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)EdinburghUK
    20141,682150,722
    20131,485134,802
    % change13.3%11.8%
    Record Year 2014 (1,682) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2014466580636
    New companies in 2013459522504
    % change1.5%11.1%26.2%
    Record Year2014 (466)2014 (580)2014 (636)

Closed Companies (dissolved)

  1. 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)EdinburghUK
    201469082,370
    201372477,914
    % change-4.7%5.7%
    Record Year 2012 (730) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014242214234
    Closed companies in 2013238211275
    % change1.7%1.4%-15%
    Record Year2012 (255)2009 (248)2013 (275)

Net Company Growth

  1. 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)EdinburghUK
    201499268,352
    201376156,888
    Record Year 2014 (992) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2014224366402
    Net growth in 2013221311229
    Record Year2014 (224)2014 (366)2014 (402)

UK Company Share

  1. 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
    20141.1%
    20131.1%
    20121.1%
    20111.0%
    20100.9%
    Record Year (since 1960) 1993 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20141.0%1.2%1.1%
    UK formation share in 20131.0%1.2%1.1%
    % change-5.0%2.6%5.3%
    Record Year1988 (1.4%)1993 (1.6%)1993 (1.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    LP18.22%CONSULTING5.22%
    L.P.5.62%MANAGEMENT4.67%
    PARTNERS2.08%CONSULTANCY3.49%
    CONSULTING2.05%PROPERTY2.64%
    EDINBURGH2.01%TRADING2.05%
    CAPITAL1.96%LONDON1.88%
    GROUP1.81%ENGINEERING1.86%
    TRADING1.75%CARE1.79%
    MANAGEMENT1.71%CONSTRUCTION1.75%
    ACCESS1.59%DESIGN1.75%
    SCOTLAND1.36%CONSULTANTS1.73%
    INVESTMENTS1.28%BUSINESS1.71%
    TRADE1.14%PROPERTIES1.60%
    (SCOTLAND)0.99%INVESTMENTS1.60%
    PROPERTY0.97%GLOBAL1.58%
    GP0.96%J1.48%
    CONSULTANCY0.94%ASSOCIATES1.48%
    BUSINESS0.80%MEDIA1.48%
    GLOBAL0.69%IT1.33%
    SYSTEMS0.68%TRANSPORT1.30%
    II0.68%DEVELOPMENTS1.29%
    SALES0.65%BUILDING1.24%
    PARTNERSHIP0.60%M1.21%
    PARTNER0.60%CAPITAL1.20%
    ENERGY0.60%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,525280,210
    82990 - Other business support service activities not elsewhere classified45056,411
    70229 - Management consultancy activities other than financial management33137,882
    62020 - Information technology consultancy activities31627,750
    99999 - Dormant Company30947,084
    74909 - Other professional, scientific and technical activities not elsewhere classified26018,491
    56103 - Take-away food shops and mobile food stands1737,300
    74990 - Non-trading company14514,135
    96090 - Other service activities not elsewhere classified13626,700
    56101 - Licensed restaurants1357,965
    68209 - Other letting and operating of own or leased real estate1189,284
    62012 - Business and domestic software development1149,509
    62090 - Other information technology service activities10712,813
    41100 - Development of building projects759,855
    56302 - Public houses and bars685,732
    68100 - Buying and selling of own real estate675,920
    63990 - Other information service activities not elsewhere classified655,949
    70100 - Activities of head offices634,019
    69201 - Accounting and auditing activities617,313
    64999 - Financial intermediation not elsewhere classified605,537

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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