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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

  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 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)GlasgowUK
    20101,525105,137
    20091,35791,034
    % change12.4%15.5%
    Record Year 2007 (1,624) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 2010417523585
    New companies in 2009391422544
    % change6.6%23.9%7.5%
    Record Year2007 (486)2010 (523)2007 (692)

Closed Companies (dissolved)

  1. 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)GlasgowUK
    20101,16082,677
    2009844108,060
    % change37.4%-23.5%
    Record Year 2010 (1,160) 2009 (108,060)
    Dissolved Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010275370515
    Closed companies in 2009272410162
    % change1.1%-9.8%218%
    Record Year2010 (275)2009 (410)2010 (515)

Net Company Growth

  1. 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)GlasgowUK
    201036522,460
    2009513-17,026
    Record Year 2003 (901) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201014215370
    Net growth in 200911912382
    Record Year2007 (327)2003 (273)2006 (407)

UK Company Share

  1. 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
    20101.5%
    20091.5%
    20081.4%
    20071.0%
    20061.4%
    Record Year (since 1960) 1984 (2.1%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20101.4%1.6%1.4%
    UK formation share in 20091.4%1.5%1.5%
    % change-1.0%6.1%-10.6%
    Record Year1997 (2.8%)1974 (3.5%)1979 (16.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    (SCOTLAND)3.28%MANAGEMENT5.01%
    PROPERTY1.71%CONSULTING4.60%
    GLASGOW1.57%CONSULTANCY2.87%
    SCOTLAND1.55%PROPERTY2.50%
    MANAGEMENT1.52%ASSOCIATES2.04%
    CONSULTING1.30%TRADING1.93%
    (GLASGOW)1.29%DESIGN1.91%
    CONSULTANCY0.96%CONSTRUCTION1.87%
    M0.82%MEDIA1.84%
    CONSTRUCTION0.82%BUSINESS1.74%
    PROPERTIES0.79%INTERNATIONAL1.73%
    S0.76%CONSULTANTS1.63%
    TRADING0.76%ENGINEERING1.54%
    J0.76%J1.48%
    DESIGN0.73%LONDON1.45%
    INVESTMENTS0.69%INVESTMENTS1.45%
    ENTERPRISES0.69%GROUP1.37%
    CONTRACTS0.68%GLOBAL1.35%
    C0.68%PROPERTIES1.35%
    ENGINEERING0.66%BUILDING1.34%
    GROUP0.64%CARE1.33%
    D0.64%ELECTRICAL1.30%
    FOODS0.64%M1.28%
    ASSOCIATES0.63%SYSTEMS1.25%
    PARTNERSHIP0.61%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,125228,645
    7487 - Other business activities1,06774,904
    82990 - Other business support service activities not elsewhere classified27526,974
    9999 - Dormant Company24719,948
    7414 - Business & management consultancy16217,003
    4521 - General construction & civil engineering1599,325
    99999 - Dormant Company15213,808
    70229 - Management consultancy activities other than financial management13414,007
    7499 - Non-trading company13115,398
    5552 - Catering1292,212
    62020 - Information technology consultancy activities1199,943
    7260 - Other computer related activities11610,331
    5530 - Restaurants1134,798
    74909 - Other professional, scientific and technical activities not elsewhere classified1117,143
    7222 - Other software consultancy and supply1079,659
    9305 - Other service activities1059,038
    7011 - Development & sell real estate995,300
    68209 - Other letting and operating of own or leased real estate834,131
    5540 - Bars802,070
    96090 - Other service activities not elsewhere classified778,154

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC370815 DATABUSTERS LIMITED 07 Jan 2010
    SC370852 T S R (GLASGOW) LIMITED 08 Jan 2010
    SC371256 SAKHARA PRODUCTION LTD 15 Jan 2010
    SC371276 EMOBIX LIMITED 18 Jan 2010
    SC371398 MAHA WEST LIMITED 19 Jan 2010
    SC371542 C & S TRADES SUPPLIES LIMITED 21 Jan 2010
    SC371678 S A S CONTRACTS LIMITED 22 Jan 2010
    SC371781 SANA (SCOTLAND) LIMITED 26 Jan 2010
    SC371896 T M RESTAURANTS LARGS LIMITED 28 Jan 2010
    SL007616 DESIGNFOODS LP 05 Jan 2010
    SC370689 BOWHILL CONSTRUCTION LTD. 05 Jan 2010
    SC370729 ECM & CO LIMITED 06 Jan 2010
    SC370984 KIRYANA LIMITED 11 Jan 2010
    SC371002 JEZEBELS SECRETS LIMITED 12 Jan 2010
    SC371108 KUREDEBT LIMITED 13 Jan 2010
    SC371224 J B STONEWORK LIMITED 15 Jan 2010
    SC371418 TMM LTD 19 Jan 2010
    SC371434 INSIGHT FINANCIAL MODELLING LIMITED 19 Jan 2010
    SC371451 SYME DRUMMOND LTD. 20 Jan 2010
    SC371501 PPI CONSTRUCTION LTD 20 Jan 2010
    SC371505 ACKUMULATED WEALTH MANAGEMENT LIMITED 20 Jan 2010
    SC371590 MINGS WOK LTD. 21 Jan 2010
    SC371626 PARAPLANNING SELECT LTD 22 Jan 2010
    SC371649 CUSSCO LIMITED 22 Jan 2010
    SC371743 HAWES FINANCIAL CONSULTING LIMITED 25 Jan 2010

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