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
New Company Registrations
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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) Edinburgh UK 2015 1,106 161,156 2014 1,682 150,722 % change -34.2% 6.9% Record Year 2014 (1,682) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 336 362 408 New companies in 2014 466 580 636 % change -27.9% -37.6% -35.8% Record Year 2014 (466) 2014 (580) 2014 (636)
Closed Companies (dissolved)
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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) Edinburgh UK 2015 821 89,523 2014 690 82,370 % change 19.0% 8.7% Record Year 2015 (821) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 367 253 201 Closed companies in 2014 242 214 234 % change 51.7% 18.2% -14% Record Year 2015 (367) 2015 (253) 2013 (275)
Net Company Growth
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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) Edinburgh UK 2015 285 71,633 2014 992 68,352 Record Year 2014 (992) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 -31 109 207 Net growth in 2014 224 366 402 Record Year 2014 (224) 2014 (366) 2014 (402)
UK Company Share
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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 2015 0.7% 2014 1.1% 2013 1.1% 2012 1.1% 2011 1.0% Record Year (since 1960) 1993 (1.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.7% 0.7% 0.7% UK formation share in 2014 1.0% 1.2% 1.1% % change -29.3% -42.5% -41.5% Record Year 1988 (1.4%) 1993 (1.6%) 1993 (1.5%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage EDINBURGH 2.71% CONSULTING 5.23% CONSULTING 2.49% MANAGEMENT 4.56% LP 2.05% CONSULTANCY 3.62% PROPERTY 1.37% PROPERTY 2.72% MANAGEMENT 1.33% CONSTRUCTION 2.19% CONSULTANCY 1.32% CARE 2.13% (SCOTLAND) 1.30% ENGINEERING 2.12% GP 1.30% LONDON 1.91% SCOTLAND 1.30% TRADING 1.88% CAPITAL 0.95% TRANSPORT 1.82% INVESTMENTS 0.93% ELECTRICAL 1.76% TRADING 0.87% DESIGN 1.65% BUSINESS 0.72% PROPERTIES 1.63% ASSOCIATES 0.68% CO., 1.58% (EDINBURGH) 0.60% J 1.55% ENERGY 0.60% CONSULTANTS 1.54% DEVELOPMENT 0.58% BUSINESS 1.49% IT 0.56% INVESTMENTS 1.49% L.P. 0.56% GLOBAL 1.46% HOLDINGS 0.50% ASSOCIATES 1.44% DEVELOPMENTS 0.48% DEVELOPMENTS 1.36% PROPERTIES 0.46% BUILDING 1.31% CONSULTANTS 0.46% IT 1.30% ENTERPRISES 0.46% MEDIA 1.28% GLOBAL 0.46% M 1.27%
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 5,890 288,953 82990 - Other business support service activities not elsewhere classified 442 58,522 70229 - Management consultancy activities other than financial management 369 43,081 62020 - Information technology consultancy activities 343 30,825 74909 - Other professional, scientific and technical activities not elsewhere classified 297 19,098 99999 - Dormant Company 276 49,474 96090 - Other service activities not elsewhere classified 168 29,218 56103 - Take-away food shops and mobile food stands 163 8,607 56101 - Licensed restaurants 147 8,909 68209 - Other letting and operating of own or leased real estate 145 11,600 74990 - Non-trading company 132 13,794 62012 - Business and domestic software development 120 9,651 62090 - Other information technology service activities 99 12,862 41100 - Development of building projects 97 11,863 70100 - Activities of head offices 77 4,223 68100 - Buying and selling of own real estate 74 7,450 56302 - Public houses and bars 70 6,355 69201 - Accounting and auditing activities 66 7,682 64209 - Activities of other holding companies not elsewhere classified 66 3,832 64999 - Financial intermediation not elsewhere classified 64 6,067
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC497277 NUTRIRE LTD 09 Feb 2015 SC499137 CO-ORDINATE DESIGN LIMITED 27 Feb 2015 SC496440 TARTAN PIG LTD 02 Feb 2015 SC496532 PARTICLE ANALYTICS LIMITED 02 Feb 2015 SC496968 EDISTON LUX. LIMITED 05 Feb 2015 SC497045 AUTHENTIC ETHIOPIAN CUISINE LIMITED 05 Feb 2015 SC497172 SB (EDINBURGH) LTD 06 Feb 2015 SC498147 EDI FOUNTAINBRIDGE LIMITED 18 Feb 2015 SC498248 RYDEN PROPERTY MANAGEMENT LIMITED 18 Feb 2015 SC498740 CROWNDREAM LTD 24 Feb 2015 SC498865 LIBRA MLI LTD. 25 Feb 2015 SC498899 WILDFLOWER (SCOTLAND) LTD 25 Feb 2015 SC499145 QUASAR IMPORTS LIMITED 27 Feb 2015 SC496923 CAMERON BOYLE CONSULTING LIMITED 05 Feb 2015 SC496941 FILAMENT COFFEE COMPANY SCOTLAND LTD 05 Feb 2015 SC497107 CLEAN LET LIMITED 06 Feb 2015 SC497528 BODYWORKS EDINBURGH LIMITED 11 Feb 2015 SC497544 BELLSHILL LOGISTICS LIMITED 11 Feb 2015 SC497561 DUFRAIN RISK MANAGEMENT LTD. 11 Feb 2015 SC497780 OES WIND VENTURES LTD 13 Feb 2015 SC498310 LONGEVITAS SERVICES LIMITED 19 Feb 2015 SC498463 DLC INTERNATIONAL LTD 20 Feb 2015 SC498470 NORD ENTERPRISES LTD 20 Feb 2015 SC498474 DECOM TRADE LTD 20 Feb 2015 SC498683 BIRD GP 1 LIMITED 24 Feb 2015
reports
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