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
New Company Registrations
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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.
Year Edinburgh UK 2014 4,717 582,051 2013 5,775 529,363 2012 5,681 491,893 2011 4,869 452,870 2010 3,886 400,358 Record Year 2013 (5,775) 2014 (582,051) New Companies by Year
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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) Edinburgh UK 2014 1,874 281,320 2013 2,885 259,931 % change -35.0% 8.2% Record Year 2012 (2,912) 2014 (281,320) New Companies by Half Year
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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) Edinburgh UK 2014 891 137,906 2013 1,368 127,247 % change -34.9% 8.4% Record Year 2012 (1,627) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 350 275 266 New companies in 2013 515 451 402 % change -32.0% -39.0% -33.8% Record Year 2012 (577) 2012 (556) 2012 (494)
Closed Companies (dissolved)
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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.
Year Edinburgh UK 2014 2,930 367,937 2013 2,729 332,213 2012 2,573 293,729 2011 2,316 314,524 2010 3,084 342,233 Record Year 2010 (3,084) 2009 (533,789) Dissolved Companies by Year
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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) Edinburgh UK 2014 1,508 190,730 2013 1,384 177,021 % change 9.0% 7.7% Record Year 2014 (1,508) 2009 (244,544) Dissolved Companies by Half Year
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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) Edinburgh UK 2014 757 89,060 2013 675 90,851 % change 12.1% -2.0% Record Year 2010 (843) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 335 231 191 Closed companies in 2013 233 198 244 % change 43.8% 16.7% -22% Record Year 2008 (518) 2011 (245) 2010 (275)
Net Company Growth
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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.
Year Edinburgh UK 2014 1,787 214,114 2013 3,046 197,150 2012 3,108 198,164 2011 2,553 138,346 2010 802 58,125 Record Year 2012 (3,108) 2007 (237,353) Net Growth by Year
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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) Edinburgh UK 2014 366 90,590 2013 1,501 82,910 Record Year 2012 (1,695) 2003 (117,772) Net Growth by Half Year
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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) Edinburgh UK 2014 134 48,846 2013 693 36,396 Record Year 2012 (1,071) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 15 44 75 Net growth in 2013 282 253 158 Record Year 2012 (419) 2012 (362) 2012 (290)
UK Company Share
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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.
Year Edinburgh 2014 0.8% 2013 1.1% 2012 1.2% 2011 1.1% 2010 1.0% Record Year (since 1960) 2012 (1.2%) Company Share by Year
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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 2014 0.7% 2013 1.1% 2012 1.2% 2011 1.1% 2010 1.0% Record Year (since 1960) 2012 (1.2%) Company Share by Half Year
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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 2014 0.6% 2013 1.1% 2012 1.4% 2011 1.1% 2010 1.0% Record Year (since 1960) 2012 (1.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.7% 0.6% 0.7% UK formation share in 2013 1.0% 1.0% 1.2% % change -35.4% -42.1% -43.4% Record Year 2012 (1.3%) 1966 (1.4%) 2000 (1.8%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage LP 9.19% CONSULTING 5.22% L.P. 2.60% MANAGEMENT 4.58% EDINBURGH 2.49% CONSULTANCY 3.57% CONSULTING 2.21% PROPERTY 2.66% MANAGEMENT 1.63% CONSTRUCTION 2.12% PROPERTY 1.37% ENGINEERING 2.10% GP 1.33% CARE 2.02% SCOTLAND 1.32% TRADING 1.94% CONSULTANCY 1.21% LONDON 1.93% PARTNERS 1.21% TRANSPORT 1.93% GROUP 1.21% DESIGN 1.66% CAPITAL 1.14% CONSULTANTS 1.64% TRADING 1.12% ELECTRICAL 1.62% ACCESS 1.00% PROPERTIES 1.62% (SCOTLAND) 1.00% BUSINESS 1.56% INVESTMENTS 0.91% J 1.54% BUSINESS 0.86% CO., 1.50% TRADE 0.75% GLOBAL 1.49% GLOBAL 0.65% INVESTMENTS 1.48% ASSOCIATES 0.65% ASSOCIATES 1.47% (EDINBURGH) 0.60% DEVELOPMENTS 1.35% DEVELOPMENT 0.58% MEDIA 1.33% ENERGY 0.54% IT 1.31% II 0.51% BUILDING 1.29% SYSTEMS 0.49% M 1.22%
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 5,466 265,608 82990 - Other business support service activities not elsewhere classified 460 58,068 70229 - Management consultancy activities other than financial management 361 42,290 62020 - Information technology consultancy activities 353 30,178 99999 - Dormant Company 296 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 291 19,049 56103 - Take-away food shops and mobile food stands 166 8,318 96090 - Other service activities not elsewhere classified 161 29,009 56101 - Licensed restaurants 143 8,782 74990 - Non-trading company 141 13,984 68209 - Other letting and operating of own or leased real estate 136 11,212 62012 - Business and domestic software development 119 9,752 41100 - Development of building projects 99 11,397 62090 - Other information technology service activities 90 12,837 56302 - Public houses and bars 77 6,285 70100 - Activities of head offices 77 4,204 68100 - Buying and selling of own real estate 73 7,106 63990 - Other information service activities not elsewhere classified 68 6,157 69201 - Accounting and auditing activities 65 7,528 64209 - Activities of other holding companies not elsewhere classified 65 3,776
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC493260 APEQ LTD 12 Dec 2014 SC493456 TANAMI MEDIA LIMITED 16 Dec 2014 SC493780 EWART ASSOCIATES LIMITED 19 Dec 2014 SC492392 PODLAND LTD 01 Dec 2014 SC493413 THE LINES BETWEEN LTD. 15 Dec 2014 SC493757 FRENCH CLASS LTD 19 Dec 2014 SC492325 WESTERWOOD PROPERTIES (SCOTLAND) LIMITED 01 Dec 2014 SC492338 MOBICUS LIMITED 01 Dec 2014 SC492361 MARGINALIA LIMITED 01 Dec 2014 SC492557 NEW CENTURY TAKEAWAY LIMITED 02 Dec 2014 SC492568 KWAN'S GOOD FOOD LTD 02 Dec 2014 SC492662 DUNBLANE HC LTD. 03 Dec 2014 SC492663 COPPERWOLF LIMITED 03 Dec 2014 SC492746 NORRIE BLACK OFFSHORE LIMITED 04 Dec 2014 SC492807 ANNAT BURN HYDRO LIMITED 05 Dec 2014 SC492857 MISTER KEN LIMITED 08 Dec 2014 SC492901 ENSCO 483 LIMITED 08 Dec 2014 SC492909 WORKPLACE MESSAGING LIMITED 08 Dec 2014 SC492937 CORNERCOPIA LIMITED 08 Dec 2014 SC493039 AROPLUS (SCT) LIMITED 09 Dec 2014 SC493105 EQT VII LIMITED 10 Dec 2014 SC493283 PATRICK ROGERS ESTATES LIMITED 12 Dec 2014 SC493284 MOF V CIP (GP) LIMITED 12 Dec 2014 SC493362 LONBURGH H1 LIMITED 15 Dec 2014 SC493611 GMT III MEMBER I LIMITED 17 Dec 2014
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