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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
    SC466750 SOCIAL CRM SQUAD LTD 07 Jan 2014
    SC467919 LYKKE LTD 21 Jan 2014
    SC467993 FOREST ROSE RENEWABLES LIMITED 22 Jan 2014
    SC468210 CIGNIL LTD 24 Jan 2014
    SO304752 DIGI ENTERPRISE LLP 27 Jan 2014
    SO304755 FERAREN CONTINENTAL TRADINGS LLP 27 Jan 2014
    SC468762 AURUM 79 RESOURCES LTD 31 Jan 2014
    SC467162 JB EQUITY LIMITED 13 Jan 2014
    SC467434 DOUGH PIZZERIA LTD 15 Jan 2014
    SC468108 NITROPRO LTD 23 Jan 2014
    SC468224 TRADEX VENTURES LIMITED 24 Jan 2014
    SL015173 VOILS CAPITAL TRADE LP 03 Jan 2014
    SL015174 WENTY BUSINESS LP 03 Jan 2014
    SL015215 BERON LP 09 Jan 2014
    SL015216 ARIN ALLIANCE LP 09 Jan 2014
    SL015266 CACHITO L.P. 13 Jan 2014
    SC467172 GALLOWAY SEAFOODS LIMITED 13 Jan 2014
    SC467226 ANLAGEN LIMITED 13 Jan 2014
    SC467269 EDINBURGH MOLECULAR IMAGING LIMITED 13 Jan 2014
    SC467403 SIGBELL LIMITED 14 Jan 2014
    SC467722 CHIRURGUS LIMITED 17 Jan 2014
    SC467728 GFK (CONTRACTING) LTD 17 Jan 2014
    SC467737 ZPARMS CONSULTANCY LIMITED 17 Jan 2014
    SL015312 AMADEUS IV VELOCITY GP LP 20 Jan 2014
    SC467898 GEP CASTLE LIMITED 20 Jan 2014

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