Glasgow, Lanarkshire

2010 Half Year Business Confidence Report

Headlines

  • June 2010 saw a new record in company registrations in Glasgow when compared to any previous June.
  • The first half of 2010 saw a new record in company closures in Glasgow when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company closures in Glasgow when compared to any half year in history.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 2,980 companies were formed in Glasgow. This figure is 14.0% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Glasgow occurred in 2007 when a total of 3,237 were formed.

    Half Year (Jan-Jun)GlasgowUK
    20102,980203,749
    20092,614182,021
    % change14.0%11.9%
    Record Year2007 (3,237)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 1,455 companies were registered in Glasgow during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 15.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)GlasgowUK
    20101,45598,612
    20091,25790,987
    % change15.8%8.4%
    Record Year 2007 (1,613) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company registrations in Glasgow when compared to any previous June.

    New Companies by Month
    AprilMayJune
    New companies in 2010523423509
    New companies in 2009409444404
    % change27.9%-4.7%26.0%
    Record Year2007 (643)2007 (490)2010 (509)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company closures in Glasgow when compared to any previous first half year.

    The first half of 2010 was a record first half year for company closures in Glasgow when compared to any half year in history.

    In the first half of 2010 a total of 2,883 companies were dissolved in Glasgow. This figure is 9.1% higher than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Glasgow occurred in 2010 when a total of 2,883 were closed.

    Half Year (Jan-Jun)GlasgowUK
    20102,883177,631
    20092,642289,236
    % change9.1%-38.6%
    Record Year2010 (2,883)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 1,723 companies were dissolved in Glasgow during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 4.2% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)GlasgowUK
    20101,72394,954
    20091,798181,176
    % change-4.2%-47.6%
    Record Year 2009 (1,798) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20102671,052404
    Closed companies in 2009351,112651
    % change662.9%-5.4%-38%
    Record Year2008 (307)2009 (1,112)2009 (651)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Glasgow increased by 97 companies.

    Half Year (Jan-Jun)GlasgowUK
    20109726,118
    2009-28-107,215
    Record Year2007 (1,619)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Glasgow during the second quarter of 2010 (Apr 2010 - Jun 2010) was -268 companies.

    second quarter (Apr 2010 - Jun 2010)GlasgowUK
    2010-2683,658
    2009-541-90,189
    Record Year 2007 (867) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 2010256-629105
    Net growth in 2009374-668-247
    Record Year2007 (535)2007 (231)2008 (202)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Glasgow formed 1.5% of all UK companies. This is more than the 2009 figure of 1.4%.

    Half Year (Jan-Jun)Glasgow
    20101.5%
    20091.4%
    20081.3%
    20071.2%
    20061.3%
    Record Year (since 1960) 1968 (1.9%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Glasgow formed 1.5% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Glasgow
    20101.5%
    20091.4%
    20081.3%
    20071.4%
    20061.2%
    Record Year (since 1960) 1986 (2.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20101.6%1.4%1.4%
    UK formation share in 20091.3%1.6%1.3%
    % change17.6%-9.2%13.3%
    Record Year1979 (17.0%)1980 (2.4%)1968 (3.3%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 44.3.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 44.4.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Glasgow was 1861 when 40.0% of all directors were female.

    23.4% of all director appointments in Glasgow in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Glasgow was in 1866 when 66.7% of all directors were female.

    22.9% of all director appointments in Glasgow in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)3.45%MANAGEMENT5.01%
    PROPERTY1.76%CONSULTING4.79%
    GLASGOW1.65%CONSULTANCY3.02%
    SCOTLAND1.57%PROPERTY2.40%
    MANAGEMENT1.55%ASSOCIATES2.02%
    (GLASGOW)1.28%TRADING2.01%
    CONSULTING1.23%DESIGN1.91%
    CONSULTANCY1.20%CONSTRUCTION1.85%
    M0.91%MEDIA1.80%
    TRADING0.90%BUSINESS1.75%
    CONSTRUCTION0.86%CONSULTANTS1.71%
    DESIGN0.86%INTERNATIONAL1.59%
    INVESTMENTS0.80%ENGINEERING1.56%
    S0.77%LONDON1.52%
    C0.75%INVESTMENTS1.49%
    J0.74%J1.46%
    CONTRACTS0.72%CARE1.41%
    PROPERTIES0.70%GLOBAL1.39%
    ENGINEERING0.70%PROPERTIES1.35%
    ENTERPRISES0.67%BUILDING1.33%
    IT0.64%M1.29%
    CENTRE0.62%IT1.28%
    PARTNERSHIP0.62%ELECTRICAL1.27%
    DEVELOPMENTS0.58%GROUP1.25%
    CONSULTANTS0.58%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,961207,125
    7487 - Other business activities98668,525
    82990 - Other business support service activities not elsewhere classified27625,942
    9999 - Dormant Company23319,842
    7414 - Business & management consultancy16714,598
    99999 - Dormant Company15514,342
    70229 - Management consultancy activities other than financial management13513,490
    7499 - Non-trading company12913,997
    5552 - Catering1272,171
    4521 - General construction & civil engineering1218,262
    5530 - Restaurants1184,879
    9305 - Other service activities1158,822
    7260 - Other computer related activities1039,122
    74909 - Other professional, scientific and technical activities not elsewhere classified976,684
    62020 - Information technology consultancy activities948,590
    7011 - Development & sell real estate834,579
    5540 - Bars822,054
    7222 - Other software consultancy and supply778,285
    68209 - Other letting and operating of own or leased real estate753,834
    96090 - Other service activities not elsewhere classified747,922

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC379437 DM ROOFING (STRATHCLYDE) LTD 01 Jun 2010
    SC379663 ALLAN GRAHAM CK LIMITED 03 Jun 2010
    SC379803 REF GENERAL PARTNER LIMITED 07 Jun 2010
    SC379989 MILLER ENERGY LIMITED 09 Jun 2010
    SC380312 OOEC13 LIMITED 14 Jun 2010
    SC380425 INTEGRO PROPERTY MANAGEMENT LTD 15 Jun 2010
    SC380493 VIBRANT EUROPE LTD 16 Jun 2010
    SC380513 LEDI DESIGNS LIMITED 16 Jun 2010
    SC380569 MAIDS ARE US LTD 17 Jun 2010
    SC380648 NICOL MARKETING LIMITED 18 Jun 2010
    SC380799 YVONNE'S NUMBER ONE LIMITED 22 Jun 2010
    SC380854 DISCOVER YOUR SPORT LTD 23 Jun 2010
    SC381221 MERCHANT SOUL SPONSORS LIMITED 30 Jun 2010
    SC379491 AAA CATERING LIMITED 01 Jun 2010
    SC379566 RHU MARINA DEVELOPMENTS LIMITED 02 Jun 2010
    SC379628 NETHERFIELD INTERIORS LIMITED 03 Jun 2010
    SC379865 INVICTAWATCH LTD 07 Jun 2010
    SC379901 METATRADE LTD 08 Jun 2010
    SC379925 MILESTONE RETAIL LTD. 08 Jun 2010
    SC380111 ESK CHAPELS LTD 10 Jun 2010
    SC380178 PARK FILMS LIMITED 11 Jun 2010
    SC380231 KILGARTH INVESTMENTS LIMITED 11 Jun 2010
    SC380522 WATCH DISTRIBUTERS LTD 17 Jun 2010
    SC380605 BRENDA MUIR LADIESWEAR LIMITED 18 Jun 2010
    SC380844 ENTERPRISE PROJECT CONTROL LIMITED 23 Jun 2010