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
New Company Registrations
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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) Glasgow UK 2010 1,376 101,492 2009 1,296 94,671 % change 6.2% 7.2% Record Year 2010 (1,376) 2003 (107,203) New Companies by Quarter
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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
July August September New companies in 2010 427 470 479 New companies in 2009 412 456 428 % change 3.6% 3.1% 11.9% Record Year 2010 (427) 2010 (470) 2010 (479)
Closed Companies (dissolved)
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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) Glasgow UK 2010 1,345 87,705 2009 1,640 159,401 % change -18.0% -45.0% Record Year 2009 (1,640) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2010 569 283 493 Closed companies in 2009 357 799 484 % change 59.4% -64.6% 2% Record Year 2010 (569) 2009 (799) 2010 (493)
Net Company Growth
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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) Glasgow UK 2010 31 13,787 2009 -344 -64,730 Record Year 2008 (716) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 -142 187 -14 Net growth in 2009 55 -343 -56 Record Year 2003 (243) 2008 (385) 2008 (317)
UK Company Share
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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 2010 1.4% 2009 1.4% 2008 1.3% 2007 1.3% 2006 1.4% Record Year (since 1960) 1975 (2.5%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 1.3% 1.5% 1.4% UK formation share in 2009 1.3% 1.6% 1.3% % change -3.6% -6.5% 7.3% Record Year 1975 (3.5%) 1967 (2.4%) 1990 (2.7%)
Director Age
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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
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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
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 3.32% MANAGEMENT 5.06% SCOTLAND 1.74% CONSULTING 4.99% PROPERTY 1.58% CONSULTANCY 3.12% GLASGOW 1.47% PROPERTY 2.38% MANAGEMENT 1.47% TRADING 2.04% CONSULTING 1.38% ASSOCIATES 2.01% CONSULTANCY 1.31% DESIGN 1.93% (GLASGOW) 1.25% CONSTRUCTION 1.86% M 0.90% BUSINESS 1.80% DESIGN 0.89% MEDIA 1.75% TRADING 0.85% CONSULTANTS 1.73% CONSTRUCTION 0.84% LONDON 1.59% J 0.77% ENGINEERING 1.59% C 0.77% INVESTMENTS 1.49% INVESTMENTS 0.74% CARE 1.44% S 0.73% J 1.44% MARKETING 0.73% INTERNATIONAL 1.43% PARTNERSHIP 0.71% GLOBAL 1.42% IT 0.70% IT 1.35% ENGINEERING 0.68% PROPERTIES 1.35% ENTERPRISES 0.66% BUILDING 1.32% CONTRACTS 0.62% ELECTRICAL 1.30% PROPERTIES 0.59% M 1.28% CONSULTANTS 0.59% SYSTEMS 1.26% CENTRE 0.57% S 1.24%
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 2,992 202,902 7487 - Other business activities 980 69,802 82990 - Other business support service activities not elsewhere classified 272 25,053 9999 - Dormant Company 251 21,484 7414 - Business & management consultancy 155 14,940 99999 - Dormant Company 148 14,072 5530 - Restaurants 143 5,181 70229 - Management consultancy activities other than financial management 130 13,161 5552 - Catering 127 2,296 7499 - Non-trading company 126 13,408 9305 - Other service activities 113 9,454 7260 - Other computer related activities 107 8,967 4521 - General construction & civil engineering 106 7,634 74909 - Other professional, scientific and technical activities not elsewhere classified 90 6,460 62020 - Information technology consultancy activities 89 8,292 5540 - Bars 88 2,208 7222 - Other software consultancy and supply 77 8,183 96090 - Other service activities not elsewhere classified 75 7,767 7011 - Development & sell real estate 74 3,743 68209 - Other letting and operating of own or leased real estate 73 3,631
Recent Companies
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Randomly selected companies from this quarter
reports
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