Edinburgh, Midlothian

2014 Annual Business Confidence Report

Headlines

  • The second half of 2014 saw a new record in company closures in Edinburgh when compared to any previous second half year.
  • The record fourth quarter for female directors in Edinburgh was in 2014 when 26.7% 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. Annual Data (2014)

    A total of 4,717 companies were formed in Edinburgh in 2014. This total is 18.3% lower than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearEdinburghUK
    20144,717582,051
    20135,775529,363
    20125,681491,893
    20114,869452,870
    20103,886400,358
    Record Year2013 (5,775)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 1,874 companies were formed in Edinburgh. This figure is 35.0% lower than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Edinburgh occurred in 2012 when a total of 2,912 were formed.

    Half Year (Jul-Dec)EdinburghUK
    20141,874281,320
    20132,885259,931
    % change-35.0%8.2%
    Record Year2012 (2,912)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 891 companies were registered in Edinburgh during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 34.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)EdinburghUK
    2014891137,906
    20131,368127,247
    % change-34.9%8.4%
    Record Year 2012 (1,627) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014350275266
    New companies in 2013515451402
    % change-32.0%-39.0%-33.8%
    Record Year2012 (577)2012 (556)2012 (494)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 2,930 companies were dissolved in Edinburgh in 2014. This total is 7.4% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearEdinburghUK
    20142,930367,937
    20132,729332,213
    20122,573293,729
    20112,316314,524
    20103,084342,233
    Record Year2010 (3,084)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Edinburgh when compared to any previous second half year.

    In the second half of 2014 a total of 1,508 companies were dissolved in Edinburgh. This figure is 9.0% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Edinburgh occurred in 2014 when a total of 1,508 were closed.

    Half Year (Jul-Dec)EdinburghUK
    20141,508190,730
    20131,384177,021
    % change9.0%7.7%
    Record Year2014 (1,508)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 757 companies were dissolved in Edinburgh during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 12.1% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)EdinburghUK
    201475789,060
    201367590,851
    % change12.1%-2.0%
    Record Year 2010 (843) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014335231191
    Closed companies in 2013233198244
    % change43.8%16.7%-22%
    Record Year2008 (518)2011 (245)2010 (275)

Net Company Growth

  1. Annual Data (2014)

    A total of 1,787 companies were added to the company register for Edinburgh in 2014. This number represents growth of 37.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 1,259 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Edinburgh company register grew by 3,108 companies.

    YearEdinburghUK
    20141,787214,114
    20133,046197,150
    20123,108198,164
    20112,553138,346
    201080258,125
    Record Year2012 (3,108)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Edinburgh increased by 366 companies.

    Half Year (Jul-Dec)EdinburghUK
    201436690,590
    20131,50182,910
    Record Year2012 (1,695)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Edinburgh during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 134 companies.

    fourth quarter (Oct 2014 - Dec 2014)EdinburghUK
    201413448,846
    201369336,396
    Record Year 2012 (1,071) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014154475
    Net growth in 2013282253158
    Record Year2012 (419)2012 (362)2012 (290)

UK Company Share

  1. Annual Data (2014)

    In 2014 Edinburgh formed 0.8% of all UK companies. This is a decline on 2013 when Edinburgh was responsible for 1.1% of all UK companies.

    YearEdinburgh
    20140.8%
    20131.1%
    20121.2%
    20111.1%
    20101.0%
    Record Year (since 1960)2012 (1.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Edinburgh formed 0.7% of all UK companies. This is less than the 2013 figure of 1.1%.

    Half Year (Jul-Dec)Edinburgh
    20140.7%
    20131.1%
    20121.2%
    20111.1%
    20101.0%
    Record Year (since 1960) 2012 (1.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Edinburgh formed 0.6% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Edinburgh
    20140.6%
    20131.1%
    20121.4%
    20111.1%
    20101.0%
    Record Year (since 1960) 2012 (1.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.7%0.6%0.7%
    UK formation share in 20131.0%1.0%1.2%
    % change-35.4%-42.1%-43.4%
    Record Year2012 (1.3%)1966 (1.4%)2000 (1.8%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 44.8.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 44.4.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 44.5.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Edinburgh was 1969 when 100.0% of all directors were female.

    The percentage of female directors in Edinburgh in 2014 was 25.4%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Edinburgh was 2012 when 26.0% of all directors were female.

    25.8% of all director appointments in Edinburgh in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Edinburgh was in 2014 when 26.7% of all directors were female.

    26.7% of all director appointments in Edinburgh in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    LP9.19%CONSULTING5.22%
    L.P.2.60%MANAGEMENT4.58%
    EDINBURGH2.49%CONSULTANCY3.57%
    CONSULTING2.21%PROPERTY2.66%
    MANAGEMENT1.63%CONSTRUCTION2.12%
    PROPERTY1.37%ENGINEERING2.10%
    GP1.33%CARE2.02%
    SCOTLAND1.32%TRADING1.94%
    CONSULTANCY1.21%LONDON1.93%
    PARTNERS1.21%TRANSPORT1.93%
    GROUP1.21%DESIGN1.66%
    CAPITAL1.14%CONSULTANTS1.64%
    TRADING1.12%ELECTRICAL1.62%
    ACCESS1.00%PROPERTIES1.62%
    (SCOTLAND)1.00%BUSINESS1.56%
    INVESTMENTS0.91%J1.54%
    BUSINESS0.86%CO.,1.50%
    TRADE0.75%GLOBAL1.49%
    GLOBAL0.65%INVESTMENTS1.48%
    ASSOCIATES0.65%ASSOCIATES1.47%
    (EDINBURGH)0.60%DEVELOPMENTS1.35%
    DEVELOPMENT0.58%MEDIA1.33%
    ENERGY0.54%IT1.31%
    II0.51%BUILDING1.29%
    SYSTEMS0.49%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,466265,608
    82990 - Other business support service activities not elsewhere classified46058,068
    70229 - Management consultancy activities other than financial management36142,290
    62020 - Information technology consultancy activities35330,178
    99999 - Dormant Company29648,509
    74909 - Other professional, scientific and technical activities not elsewhere classified29119,049
    56103 - Take-away food shops and mobile food stands1668,318
    96090 - Other service activities not elsewhere classified16129,009
    56101 - Licensed restaurants1438,782
    74990 - Non-trading company14113,984
    68209 - Other letting and operating of own or leased real estate13611,212
    62012 - Business and domestic software development1199,752
    41100 - Development of building projects9911,397
    62090 - Other information technology service activities9012,837
    56302 - Public houses and bars776,285
    70100 - Activities of head offices774,204
    68100 - Buying and selling of own real estate737,106
    63990 - Other information service activities not elsewhere classified686,157
    69201 - Accounting and auditing activities657,528
    64209 - Activities of other holding companies not elsewhere classified653,776

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC491026 A & J SABER LTD. 11 Nov 2014
    SC491271 COLD GENESYS LTD. 14 Nov 2014
    SC490510 DIRECT PROPERTY SERVICES (SCOTLAND) LIMITED 04 Nov 2014
    SC491229 784 LTD 13 Nov 2014
    SC491384 HGDD LTD 17 Nov 2014
    SC491479 MAYFORTH ASSET AND DEVELOPMENT MANAGEMENT LIMITED 18 Nov 2014
    SC491737 CANNON HOWELL LIMITED 21 Nov 2014
    SC492165 H.W.ANDERSON HOLDING COMPANY LTD 27 Nov 2014
    SC490302 MUCKLE BRIG LIMITED 03 Nov 2014
    SC490581 OBRIEN WASTE RECYCLING LIMITED 05 Nov 2014
    SC490614 THISTLE STREET BAR LTD 05 Nov 2014
    SC490962 MISTER LEE TAKEAWAY LTD 11 Nov 2014
    SC491230 MATROSS LIMITED 13 Nov 2014
    SC491258 SWEET MELINDAS LIMITED 14 Nov 2014
    SC491300 NATURAL PLANT SOLUTIONS LTD 14 Nov 2014
    SC491522 COLIN HARVEY CONSTRUCTION LIMITED 18 Nov 2014
    SC491537 KESTIN HARE LIMITED 18 Nov 2014
    SC491674 OLDCO SC491674 LIMITED 20 Nov 2014
    SC491772 FIRESIDE TARTAN LTD 21 Nov 2014
    SC491780 LAGSAINE LTD 21 Nov 2014
    SC491866 IC DEVELOPMENT LIMITED 24 Nov 2014
    SC491943 CJ HOGAN SURVEY LIMITED 25 Nov 2014
    SC492059 HEATHER MACLEAN LTD 26 Nov 2014
    SC492144 ECOHOUSE PROPERTY DEVELOPMENT LIMITED 27 Nov 2014
    SC490690 SAAFIR 03 LTD. 06 Nov 2014