Glasgow, Lanarkshire

Q3 2010 Business Confidence Report

Headlines

  • Q3 2010 saw a new record in company registrations in Glasgow when compared to any previous Q3.
  • September 2010 saw a new record in company registrations in Glasgow when compared to any previous September.
  • August 2010 saw a new record in company registrations in Glasgow when compared to any previous August.
  • July 2010 saw a new record in company registrations in Glasgow when compared to any previous July.
  • September 2010 saw a new record in company closures in Glasgow when compared to any previous September.
  • July 2010 saw a new record in company closures in Glasgow when compared to any previous July.

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 (Q3 Jul-Sep 2010)

    Q3 2010 saw a new record in company registrations in Glasgow when compared to any previous Q3.

    A total of 1,376 companies were registered in Glasgow during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is an increase of 6.2% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)GlasgowUK
    20101,376101,492
    20091,29694,671
    % change6.2%7.2%
    Record Year 2010 (1,376) 2003 (107,203)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2010427470479
    New companies in 2009412456428
    % change3.6%3.1%11.9%
    Record Year2010 (427)2010 (470)2010 (479)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2010)

    A total of 1,345 companies were dissolved in Glasgow during the third quarter of 2010 (Jul 2010 - Sep 2010).

    This figure is a decrease of 18.0% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.

    third quarter (Jul 2010 - Sep 2010)GlasgowUK
    20101,34587,705
    20091,640159,401
    % change-18.0%-45.0%
    Record Year 2009 (1,640) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    September 2010 saw a new record in company closures in Glasgow when compared to any previous September.

    July 2010 saw a new record in company closures in Glasgow when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2010569283493
    Closed companies in 2009357799484
    % change59.4%-64.6%2%
    Record Year2010 (569)2009 (799)2010 (493)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2010)

    Net company growth for Glasgow during the third quarter of 2010 (Jul 2010 - Sep 2010) was 31 companies.

    third quarter (Jul 2010 - Sep 2010)GlasgowUK
    20103113,787
    2009-344-64,730
    Record Year 2008 (716) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010-142187-14
    Net growth in 200955-343-56
    Record Year2003 (243)2008 (385)2008 (317)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2010)

    In the third quarter of 2010, Glasgow formed 1.4% of all UK companies.

    third quarter (Jul 2010 - Sep 2010)Glasgow
    20101.4%
    20091.4%
    20081.3%
    20071.3%
    20061.4%
    Record Year (since 1960) 1975 (2.5%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20101.3%1.5%1.4%
    UK formation share in 20091.3%1.6%1.3%
    % change-3.6%-6.5%7.3%
    Record Year1975 (3.5%)1967 (2.4%)1990 (2.7%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The average age of a director in the third quarter of 2010 was 43.2.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.7%.

    The percentage of directors over the age of 65 was 2.3% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2010)

    The record third quarter for female directors in Glasgow was in 1862 when 50.0% of all directors were female.

    24.7% of all director appointments in Glasgow in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)3.32%MANAGEMENT5.06%
    SCOTLAND1.74%CONSULTING4.99%
    PROPERTY1.58%CONSULTANCY3.12%
    GLASGOW1.47%PROPERTY2.38%
    MANAGEMENT1.47%TRADING2.04%
    CONSULTING1.38%ASSOCIATES2.01%
    CONSULTANCY1.31%DESIGN1.93%
    (GLASGOW)1.25%CONSTRUCTION1.86%
    M0.90%BUSINESS1.80%
    DESIGN0.89%MEDIA1.75%
    TRADING0.85%CONSULTANTS1.73%
    CONSTRUCTION0.84%LONDON1.59%
    J0.77%ENGINEERING1.59%
    C0.77%INVESTMENTS1.49%
    INVESTMENTS0.74%CARE1.44%
    S0.73%J1.44%
    MARKETING0.73%INTERNATIONAL1.43%
    PARTNERSHIP0.71%GLOBAL1.42%
    IT0.70%IT1.35%
    ENGINEERING0.68%PROPERTIES1.35%
    ENTERPRISES0.66%BUILDING1.32%
    CONTRACTS0.62%ELECTRICAL1.30%
    PROPERTIES0.59%M1.28%
    CONSULTANTS0.59%SYSTEMS1.26%
    CENTRE0.57%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,992202,902
    7487 - Other business activities98069,802
    82990 - Other business support service activities not elsewhere classified27225,053
    9999 - Dormant Company25121,484
    7414 - Business & management consultancy15514,940
    99999 - Dormant Company14814,072
    5530 - Restaurants1435,181
    70229 - Management consultancy activities other than financial management13013,161
    5552 - Catering1272,296
    7499 - Non-trading company12613,408
    9305 - Other service activities1139,454
    7260 - Other computer related activities1078,967
    4521 - General construction & civil engineering1067,634
    74909 - Other professional, scientific and technical activities not elsewhere classified906,460
    62020 - Information technology consultancy activities898,292
    5540 - Bars882,208
    7222 - Other software consultancy and supply778,183
    96090 - Other service activities not elsewhere classified757,767
    7011 - Development & sell real estate743,743
    68209 - Other letting and operating of own or leased real estate733,631

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC384712 OMOND LIMITED 02 Sep 2010
    SC384744 CHEYNES KITCHENS & BATHROOMS LTD 02 Sep 2010
    SC385015 WESTLANE LIMITED 08 Sep 2010
    SC385035 CUMBERNAULD FASTFOODS LTD 08 Sep 2010
    SC385150 C THOMSON DECORATORS LTD. 10 Sep 2010
    SC385646 VICUNA LTD 21 Sep 2010
    SC385671 CARWOOD ESTATE LTD 21 Sep 2010
    SC385759 RED CARPET PROMOTIONS LIMITED 22 Sep 2010
    SC385776 MMCC SCOTLAND LTD 22 Sep 2010
    SC385991 ST. VINCENT STREET (502) LIMITED 27 Sep 2010
    SC386058 ASPIRE JOINERY LTD 28 Sep 2010
    SC386059 CLM (SCOTLAND) LIMITED 28 Sep 2010
    SC386137 GALLTER LTD 29 Sep 2010
    SC386138 R N SALES & MARKETING LTD 29 Sep 2010
    SC384631 REILLY ELECTRICAL SERVICES LTD 01 Sep 2010
    SC384658 CUTTING EDGE CONTRACTORS LTD. 01 Sep 2010
    SC385131 RBS HOMES LIMITED 09 Sep 2010
    SC385148 RBS PROPERTY LIMITED 10 Sep 2010
    SC385464 PREMAP LTD 15 Sep 2010
    SC385472 A&P GIZZI LIMITED 15 Sep 2010
    SC385596 CARSWELL FUNDING LIMITED 17 Sep 2010
    SC385768 HAP LETTINGS LIMITED 22 Sep 2010
    SC385817 M A CATERING LIMITED 23 Sep 2010
    SC385858 TELACO LIMITED 23 Sep 2010
    SC385865 STONEMUIR LIMITED 23 Sep 2010