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
    SC381422 KETHERS LTD 05 Jul 2010
    SC381526 CLYDELOAN LIMITED 06 Jul 2010
    SC381774 BT RECLAMATION UK LIMITED 09 Jul 2010
    SC381879 IMPLICIT CONNECTIONS LTD 13 Jul 2010
    SC381908 MODA DEA LIMITED 13 Jul 2010
    SC381956 SPD PRINT & MEDIA LTD 14 Jul 2010
    SC382109 NUOVETEC LTD 19 Jul 2010
    SC382210 BREATHING HEALTH INTO SCOTLAND CIC 20 Jul 2010
    SC382371 C H B DEVELOPMENTS LIMITED 22 Jul 2010
    SC382422 PAUL A MARKETING LIMITED 22 Jul 2010
    SC382425 STACEY MARKETING LIMITED 22 Jul 2010
    SC382673 DIRECT DANCEWEAR (GLASGOW) LIMITED 27 Jul 2010
    SC382698 TATTVA LIMITED 28 Jul 2010
    SL008010 MEDIA PRINT DESIGN SERVICES LP 14 Jul 2010
    SO302912 ORBITAL HOUSE LLP 08 Jul 2010
    SO302913 GEORGE SQUARE FUND MANAGERS LLP 09 Jul 2010
    SC381319 INTELLIGENT DATA COMMUNICATIONS LIMITED 01 Jul 2010
    SC381465 R J SMITH ELECTRICAL ENGINEERS LTD 05 Jul 2010
    SC381535 ROSKENE CATERING LTD 06 Jul 2010
    SC381560 MBSV LTD. 06 Jul 2010
    SC381754 SPECIALISTERNE SCOTLAND 09 Jul 2010
    SC381933 JPM VEHICLE LEASING LIMITED 14 Jul 2010
    SC382085 MITCHELLPIRI ESTATE AGENTS LTD 16 Jul 2010
    SC382413 BLUE BAY BARS LTD 22 Jul 2010
    SC382473 CHILLIES INDIAN CUISINE LIMITED 23 Jul 2010