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
New Company Registrations
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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) Glasgow UK 2010 2,980 203,749 2009 2,614 182,021 % change 14.0% 11.9% Record Year 2007 (3,237) 2007 (279,097) New Companies by Half Year
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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) Glasgow UK 2010 1,455 98,612 2009 1,257 90,987 % change 15.8% 8.4% Record Year 2007 (1,613) 2007 (112,283) New Companies by Quarter
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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
April May June New companies in 2010 523 423 509 New companies in 2009 409 444 404 % change 27.9% -4.7% 26.0% Record Year 2007 (643) 2007 (490) 2010 (509)
Closed Companies (dissolved)
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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) Glasgow UK 2010 2,883 177,631 2009 2,642 289,236 % change 9.1% -38.6% Record Year 2010 (2,883) 2009 (289,236) Dissolved Companies by Half Year
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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) Glasgow UK 2010 1,723 94,954 2009 1,798 181,176 % change -4.2% -47.6% Record Year 2009 (1,798) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 267 1,052 404 Closed companies in 2009 35 1,112 651 % change 662.9% -5.4% -38% Record Year 2008 (307) 2009 (1,112) 2009 (651)
Net Company Growth
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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) Glasgow UK 2010 97 26,118 2009 -28 -107,215 Record Year 2007 (1,619) 2007 (171,296) Net Growth by Half Year
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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) Glasgow UK 2010 -268 3,658 2009 -541 -90,189 Record Year 2007 (867) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 256 -629 105 Net growth in 2009 374 -668 -247 Record Year 2007 (535) 2007 (231) 2008 (202)
UK Company Share
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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 2010 1.5% 2009 1.4% 2008 1.3% 2007 1.2% 2006 1.3% Record Year (since 1960) 1968 (1.9%) Company Share by Half Year
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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 2010 1.5% 2009 1.4% 2008 1.3% 2007 1.4% 2006 1.2% Record Year (since 1960) 1986 (2.0%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 1.6% 1.4% 1.4% UK formation share in 2009 1.3% 1.6% 1.3% % change 17.6% -9.2% 13.3% Record Year 1979 (17.0%) 1980 (2.4%) 1968 (3.3%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 3.45% MANAGEMENT 5.01% PROPERTY 1.76% CONSULTING 4.79% GLASGOW 1.65% CONSULTANCY 3.02% SCOTLAND 1.57% PROPERTY 2.40% MANAGEMENT 1.55% ASSOCIATES 2.02% (GLASGOW) 1.28% TRADING 2.01% CONSULTING 1.23% DESIGN 1.91% CONSULTANCY 1.20% CONSTRUCTION 1.85% M 0.91% MEDIA 1.80% TRADING 0.90% BUSINESS 1.75% CONSTRUCTION 0.86% CONSULTANTS 1.71% DESIGN 0.86% INTERNATIONAL 1.59% INVESTMENTS 0.80% ENGINEERING 1.56% S 0.77% LONDON 1.52% C 0.75% INVESTMENTS 1.49% J 0.74% J 1.46% CONTRACTS 0.72% CARE 1.41% PROPERTIES 0.70% GLOBAL 1.39% ENGINEERING 0.70% PROPERTIES 1.35% ENTERPRISES 0.67% BUILDING 1.33% IT 0.64% M 1.29% CENTRE 0.62% IT 1.28% PARTNERSHIP 0.62% ELECTRICAL 1.27% DEVELOPMENTS 0.58% GROUP 1.25% CONSULTANTS 0.58% DEVELOPMENTS 1.25%
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 2,961 207,125 7487 - Other business activities 986 68,525 82990 - Other business support service activities not elsewhere classified 276 25,942 9999 - Dormant Company 233 19,842 7414 - Business & management consultancy 167 14,598 99999 - Dormant Company 155 14,342 70229 - Management consultancy activities other than financial management 135 13,490 7499 - Non-trading company 129 13,997 5552 - Catering 127 2,171 4521 - General construction & civil engineering 121 8,262 5530 - Restaurants 118 4,879 9305 - Other service activities 115 8,822 7260 - Other computer related activities 103 9,122 74909 - Other professional, scientific and technical activities not elsewhere classified 97 6,684 62020 - Information technology consultancy activities 94 8,590 7011 - Development & sell real estate 83 4,579 5540 - Bars 82 2,054 7222 - Other software consultancy and supply 77 8,285 68209 - Other letting and operating of own or leased real estate 75 3,834 96090 - Other service activities not elsewhere classified 74 7,922
Recent Companies
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Randomly selected companies from this quarter
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