Edinburgh, Midlothian

Q1 2015 Business Confidence Report

Headlines

  • February 2015 saw a new record in company closures in Edinburgh when compared to any previous February.
  • January 2015 saw a new record in company closures 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 2015)

    A total of 1,106 companies were registered in Edinburgh during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is a decrease of 34.2% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)EdinburghUK
    20151,106161,156
    20141,682150,722
    % change-34.2%6.9%
    Record Year 2014 (1,682) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015336362408
    New companies in 2014466580636
    % change-27.9%-37.6%-35.8%
    Record Year2014 (466)2014 (580)2014 (636)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 821 companies were dissolved in Edinburgh during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 19.0% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)EdinburghUK
    201582189,523
    201469082,370
    % change19.0%8.7%
    Record Year 2015 (821) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Edinburgh when compared to any previous February.

    January 2015 saw a new record in company closures in Edinburgh when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015367253201
    Closed companies in 2014242214234
    % change51.7%18.2%-14%
    Record Year2015 (367)2015 (253)2013 (275)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Edinburgh during the first quarter of 2015 (Jan 2015 - Mar 2015) was 285 companies.

    first quarter (Jan 2015 - Mar 2015)EdinburghUK
    201528571,633
    201499268,352
    Record Year 2014 (992) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015-31109207
    Net growth in 2014224366402
    Record Year2014 (224)2014 (366)2014 (402)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Edinburgh formed 0.7% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Edinburgh
    20150.7%
    20141.1%
    20131.1%
    20121.1%
    20111.0%
    Record Year (since 1960) 1993 (1.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.7%0.7%0.7%
    UK formation share in 20141.0%1.2%1.1%
    % change-29.3%-42.5%-41.5%
    Record Year1988 (1.4%)1993 (1.6%)1993 (1.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 45.1.

    The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Edinburgh was in 2013 when 32.2% of all directors were female.

    26.2% of all director appointments in Edinburgh in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    EDINBURGH2.71%CONSULTING5.23%
    CONSULTING2.49%MANAGEMENT4.56%
    LP2.05%CONSULTANCY3.62%
    PROPERTY1.37%PROPERTY2.72%
    MANAGEMENT1.33%CONSTRUCTION2.19%
    CONSULTANCY1.32%CARE2.13%
    (SCOTLAND)1.30%ENGINEERING2.12%
    GP1.30%LONDON1.91%
    SCOTLAND1.30%TRADING1.88%
    CAPITAL0.95%TRANSPORT1.82%
    INVESTMENTS0.93%ELECTRICAL1.76%
    TRADING0.87%DESIGN1.65%
    BUSINESS0.72%PROPERTIES1.63%
    ASSOCIATES0.68%CO.,1.58%
    (EDINBURGH)0.60%J1.55%
    ENERGY0.60%CONSULTANTS1.54%
    DEVELOPMENT0.58%BUSINESS1.49%
    IT0.56%INVESTMENTS1.49%
    L.P.0.56%GLOBAL1.46%
    HOLDINGS0.50%ASSOCIATES1.44%
    DEVELOPMENTS0.48%DEVELOPMENTS1.36%
    PROPERTIES0.46%BUILDING1.31%
    CONSULTANTS0.46%IT1.30%
    ENTERPRISES0.46%MEDIA1.28%
    GLOBAL0.46%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied5,890288,953
    82990 - Other business support service activities not elsewhere classified44258,522
    70229 - Management consultancy activities other than financial management36943,081
    62020 - Information technology consultancy activities34330,825
    74909 - Other professional, scientific and technical activities not elsewhere classified29719,098
    99999 - Dormant Company27649,474
    96090 - Other service activities not elsewhere classified16829,218
    56103 - Take-away food shops and mobile food stands1638,607
    56101 - Licensed restaurants1478,909
    68209 - Other letting and operating of own or leased real estate14511,600
    74990 - Non-trading company13213,794
    62012 - Business and domestic software development1209,651
    62090 - Other information technology service activities9912,862
    41100 - Development of building projects9711,863
    70100 - Activities of head offices774,223
    68100 - Buying and selling of own real estate747,450
    56302 - Public houses and bars706,355
    69201 - Accounting and auditing activities667,682
    64209 - Activities of other holding companies not elsewhere classified663,832
    64999 - Financial intermediation not elsewhere classified646,067

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC494421 TRADE4 LTD 06 Jan 2015
    SC494763 WEST BAY ASSET MANAGEMENT LIMITED 12 Jan 2015
    SC495025 [BRACKET] PRODUCTIONS LIMITED 14 Jan 2015
    SC495895 ONYX ADVERTISING LTD 26 Jan 2015
    SC496075 WAVERLY CAFE LIMITED 27 Jan 2015
    SC496429 SUTHERLAND MANAGEMENT LIMITED 30 Jan 2015
    SC494357 KOGNITION.IO LIMITED 06 Jan 2015
    SC495208 ASW PROPERTY MANAGEMENT LTD 15 Jan 2015
    SC495587 DESTINY STUDENT LIMITED 21 Jan 2015
    SC495862 MADE PHOTO BOOTHS LTD 23 Jan 2015
    SC496428 RAW VENTURE PARTNERS LIMITED 30 Jan 2015
    SC494443 IMPREST HOMES LIMITED 06 Jan 2015
    SC494654 MURRAY-UREN ASSOCIATES LIMITED 09 Jan 2015
    SC494692 EDINBURGH HOTEL LIMITED 09 Jan 2015
    SC494833 MPST LIMITED 12 Jan 2015
    SC495132 TIMOTHEUS FILM SERVICES LIMITED 15 Jan 2015
    SC495214 HOPETOUN VILLAGE OWNERS LTD 15 Jan 2015
    SC495294 SICHUAN IMAGE LTD 16 Jan 2015
    SC495324 WDD CONSULTING LIMITED 16 Jan 2015
    SC495868 ENSCO 2001 LIMITED 23 Jan 2015
    SC495988 CALPE ASSOCIATES LTD. 26 Jan 2015
    SC496030 WILSON CONTRACTS (2015) LTD 26 Jan 2015
    SC496226 FM AGRI LIMITED 28 Jan 2015
    SC496230 YELLOW MOTH LIMITED 28 Jan 2015
    SC496347 RUSHBROOK PROPERTIES LIMITED 29 Jan 2015