Glasgow, Lanarkshire
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company registrations in Glasgow when compared to any previous February.
- Q1 2010 saw a new record in company closures in Glasgow when compared to any previous Q1.
- March 2010 saw a new record in company closures in Glasgow when compared to any previous March.
- January 2010 saw a new record in company closures in Glasgow when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 1,525 companies were registered in Glasgow during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 12.4% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Glasgow UK 2010 1,525 105,137 2009 1,357 91,034 % change 12.4% 15.5% Record Year 2007 (1,624) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company registrations in Glasgow when compared to any previous February.
New Companies by Month
January February March New companies in 2010 417 523 585 New companies in 2009 391 422 544 % change 6.6% 23.9% 7.5% Record Year 2007 (486) 2010 (523) 2007 (692)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
Q1 2010 saw a new record in company closures in Glasgow when compared to any previous Q1.
A total of 1,160 companies were dissolved in Glasgow during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 37.4% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Glasgow UK 2010 1,160 82,677 2009 844 108,060 % change 37.4% -23.5% Record Year 2010 (1,160) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
March 2010 saw a new record in company closures in Glasgow when compared to any previous March.
January 2010 saw a new record in company closures in Glasgow when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 275 370 515 Closed companies in 2009 272 410 162 % change 1.1% -9.8% 218% Record Year 2010 (275) 2009 (410) 2010 (515)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Glasgow during the first quarter of 2010 (Jan 2010 - Mar 2010) was 365 companies.
first quarter (Jan 2010 - Mar 2010) Glasgow UK 2010 365 22,460 2009 513 -17,026 Record Year 2003 (901) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 142 153 70 Net growth in 2009 119 12 382 Record Year 2007 (327) 2003 (273) 2006 (407)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Glasgow formed 1.5% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Glasgow 2010 1.5% 2009 1.5% 2008 1.4% 2007 1.0% 2006 1.4% Record Year (since 1960) 1984 (2.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 1.4% 1.6% 1.4% UK formation share in 2009 1.4% 1.5% 1.5% % change -1.0% 6.1% -10.6% Record Year 1997 (2.8%) 1974 (3.5%) 1979 (16.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.2.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Glasgow was in 1861 when 40.0% of all directors were female.
23.8% of all director appointments in Glasgow in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 3.28% MANAGEMENT 5.01% PROPERTY 1.71% CONSULTING 4.60% GLASGOW 1.57% CONSULTANCY 2.87% SCOTLAND 1.55% PROPERTY 2.50% MANAGEMENT 1.52% ASSOCIATES 2.04% CONSULTING 1.30% TRADING 1.93% (GLASGOW) 1.29% DESIGN 1.91% CONSULTANCY 0.96% CONSTRUCTION 1.87% M 0.82% MEDIA 1.84% CONSTRUCTION 0.82% BUSINESS 1.74% PROPERTIES 0.79% INTERNATIONAL 1.73% S 0.76% CONSULTANTS 1.63% TRADING 0.76% ENGINEERING 1.54% J 0.76% J 1.48% DESIGN 0.73% LONDON 1.45% INVESTMENTS 0.69% INVESTMENTS 1.45% ENTERPRISES 0.69% GROUP 1.37% CONTRACTS 0.68% GLOBAL 1.35% C 0.68% PROPERTIES 1.35% ENGINEERING 0.66% BUILDING 1.34% GROUP 0.64% CARE 1.33% D 0.64% ELECTRICAL 1.30% FOODS 0.64% M 1.28% ASSOCIATES 0.63% SYSTEMS 1.25% PARTNERSHIP 0.61% S 1.23%
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 3,125 228,645 7487 - Other business activities 1,067 74,904 82990 - Other business support service activities not elsewhere classified 275 26,974 9999 - Dormant Company 247 19,948 7414 - Business & management consultancy 162 17,003 4521 - General construction & civil engineering 159 9,325 99999 - Dormant Company 152 13,808 70229 - Management consultancy activities other than financial management 134 14,007 7499 - Non-trading company 131 15,398 5552 - Catering 129 2,212 62020 - Information technology consultancy activities 119 9,943 7260 - Other computer related activities 116 10,331 5530 - Restaurants 113 4,798 74909 - Other professional, scientific and technical activities not elsewhere classified 111 7,143 7222 - Other software consultancy and supply 107 9,659 9305 - Other service activities 105 9,038 7011 - Development & sell real estate 99 5,300 68209 - Other letting and operating of own or leased real estate 83 4,131 5540 - Bars 80 2,070 96090 - Other service activities not elsewhere classified 77 8,154
Recent Companies
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Randomly selected companies from this quarter
reports
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