Glasgow, Lanarkshire

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Glasgow when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Glasgow when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Glasgow when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Glasgow when compared to any previous November.
  • 2010 was a record year for company closures in Glasgow when compared to any year in history.
  • The second half of 2010 saw a new record in company closures in Glasgow when compared to any previous second half year.
  • The second half of 2010 was a record second half year for company closures in Glasgow when compared to any half year in history.
  • Q4 2010 saw a new record in company closures in Glasgow when compared to any previous Q4.
  • December 2010 saw a new record in company closures in Glasgow when compared to any previous December.
  • November 2010 saw a new record in company closures in Glasgow when compared to any previous November.

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. Annual Data (2010)

    2010 was a record year for company registrations in Glasgow when compared to any year in history.

    A total of 5,661 companies were formed in Glasgow in 2010. This total is 9.1% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearGlasgowUK
    20105,661400,358
    20095,187362,675
    20084,650349,203
    20075,619457,649
    20065,208405,440
    Record Year2010 (5,661)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

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

    In the second half of 2010 a total of 2,681 companies were formed in Glasgow. This figure is 4.2% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Glasgow occurred in 2010 when a total of 2,681 were formed.

    Half Year (Jul-Dec)GlasgowUK
    20102,681196,609
    20092,573180,654
    % change4.2%8.8%
    Record Year2010 (2,681)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Glasgow when compared to any previous Q4.

    A total of 1,305 companies were registered in Glasgow during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 2.2% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GlasgowUK
    20101,30595,117
    20091,27785,983
    % change2.2%10.6%
    Record Year 2010 (1,305) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010470500335
    New companies in 2009430473374
    % change9.3%5.7%-10.4%
    Record Year2003 (474)2010 (500)2009 (374)

Closed Companies (dissolved)

  1. Annual Data (2010)

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

    A total of 5,783 companies were dissolved in Glasgow in 2010. This total is 7.5% higher than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearGlasgowUK
    20105,783342,232
    20095,379533,773
    20083,099237,901
    20073,184220,295
    20062,924200,166
    Record Year2010 (5,783)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

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

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

    In the second half of 2010 a total of 2,900 companies were dissolved in Glasgow. This figure is 6.0% higher than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Glasgow occurred in 2010 when a total of 2,900 were closed.

    Half Year (Jul-Dec)GlasgowUK
    20102,900164,601
    20092,737244,537
    % change6.0%-32.7%
    Record Year2010 (2,900)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Glasgow when compared to any previous Q4.

    A total of 1,555 companies were dissolved in Glasgow during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 41.8% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)GlasgowUK
    20101,55576,896
    20091,09785,136
    % change41.8%-9.7%
    Record Year 2010 (1,555) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010719366470
    Closed companies in 2009509328260
    % change41.3%11.6%81%
    Record Year2008 (876)2010 (366)2010 (470)

Net Company Growth

  1. Annual Data (2010)

    A total of -122 companies were removed to the company register for Glasgow in 2010. This number represents decline of 2.4% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 70 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Glasgow company register grew by 2,910 companies.

    YearGlasgowUK
    2010-12258,126
    2009-192-171,098
    20081,551111,302
    20072,435237,354
    20062,284205,274
    Record Year2003 (2,910)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Glasgow decreased by 219 companies.

    Half Year (Jul-Dec)GlasgowUK
    2010-21932,008
    2009-164-63,883
    Record Year2003 (1,305)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Glasgow during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -250 companies.

    fourth quarter (Oct 2010 - Dec 2010)GlasgowUK
    2010-25018,221
    2009180847
    Record Year 2002 (606) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010-249134-135
    Net growth in 2009-79145114
    Record Year2003 (234)2006 (233)1996 (286)

UK Company Share

  1. Annual Data (2010)

    In 2010 Glasgow formed 1.4% of all UK companies. This is no change on 2009 when Glasgow was responsible for 1.4% of all UK companies.

    YearGlasgow
    20101.4%
    20091.4%
    20081.3%
    20071.2%
    20061.3%
    Record Year (since 1960)1991 (1.9%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Glasgow formed 1.4% of all UK companies. This is the same as the 2009 figure of 1.4%.

    Half Year (Jul-Dec)Glasgow
    20101.4%
    20091.4%
    20081.3%
    20071.3%
    20061.3%
    Record Year (since 1960) 1975 (2.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Glasgow
    20101.4%
    20091.5%
    20081.3%
    20071.4%
    20061.2%
    Record Year (since 1960) 1980 (2.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20101.4%1.5%1.2%
    UK formation share in 20091.5%1.5%1.4%
    % change-4.3%-5.5%-14.8%
    Record Year1985 (5.7%)1969 (2.1%)1996 (2.7%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.0.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.6.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 44.0.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Glasgow was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Glasgow in 2010 was 26.8%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Glasgow was 1860 when 42.9% of all directors were female.

    25.4% of all director appointments in Glasgow in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Glasgow was in 1977 when 31.1% of all directors were female.

    26.2% of all director appointments in Glasgow in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)3.28%CONSULTING5.06%
    SCOTLAND1.69%MANAGEMENT5.01%
    PROPERTY1.56%CONSULTANCY3.14%
    CONSULTING1.50%PROPERTY2.36%
    MANAGEMENT1.48%TRADING2.11%
    GLASGOW1.40%ASSOCIATES1.95%
    CONSULTANCY1.26%DESIGN1.92%
    (GLASGOW)1.04%BUSINESS1.82%
    M0.93%CONSTRUCTION1.82%
    TRADING0.93%CONSULTANTS1.76%
    MARKETING0.85%MEDIA1.71%
    DESIGN0.79%ENGINEERING1.62%
    CONSTRUCTION0.79%LONDON1.60%
    ENGINEERING0.71%CARE1.45%
    C0.69%INVESTMENTS1.44%
    CONSULTANTS0.66%GLOBAL1.43%
    J0.66%J1.42%
    IT0.65%IT1.41%
    BUSINESS0.65%PROPERTIES1.34%
    ENTERPRISES0.63%INTERNATIONAL1.34%
    S0.62%BUILDING1.34%
    DEVELOPMENTS0.62%M1.30%
    LEISURE0.62%ELECTRICAL1.25%
    PARTNERSHIP0.55%SYSTEMS1.24%
    BUILDING0.54%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,974199,572
    7487 - Other business activities90963,348
    82990 - Other business support service activities not elsewhere classified30427,550
    9999 - Dormant Company24120,144
    99999 - Dormant Company16716,285
    70229 - Management consultancy activities other than financial management14314,505
    5530 - Restaurants1404,939
    7414 - Business & management consultancy13913,474
    5552 - Catering1172,157
    9305 - Other service activities1138,858
    7499 - Non-trading company11112,000
    74909 - Other professional, scientific and technical activities not elsewhere classified1087,088
    4521 - General construction & civil engineering1046,598
    7260 - Other computer related activities988,089
    62020 - Information technology consultancy activities989,177
    5540 - Bars872,093
    96090 - Other service activities not elsewhere classified828,799
    56103 - Take-away food shops and mobile food stands811,435
    7222 - Other software consultancy and supply757,298
    68209 - Other letting and operating of own or leased real estate743,755

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC386587 WEALTH DRAGONS UNLEASHED (EDINBURGH) LTD 06 Oct 2010
    SC386941 MHH RETAIL LTD 12 Oct 2010
    SC387100 CIRCLE IN LIGHT LIMITED 14 Oct 2010
    SC387267 EXQUISITE PRODUCTS LTD 18 Oct 2010
    SC387333 ANDAJ LTD. 19 Oct 2010
    SC387701 CAMPBELL RETAILERS LIMITED 27 Oct 2010
    SC387757 FIVE RIVERS TRADING (SCOTLAND) LTD. 27 Oct 2010
    SC387835 LAS (GLASGOW) LTD 28 Oct 2010
    SC387885 CLUB NOIR LIMITED 29 Oct 2010
    SL008304 CYBER INTERNATIONAL TRADING LP 18 Oct 2010
    SO303083 RADERNIE CONSULTING LLP 27 Oct 2010
    SC386345 CHEPSTOW (HOLDINGS) LIMITED 01 Oct 2010
    SC386405 MACTAGGART THIRD FUND 04 Oct 2010
    SC386480 JIMT CONSULTANTS LTD 05 Oct 2010
    SC386614 CLEAR LETS FIFE LIMITED 07 Oct 2010
    SC386745 URBAN COMPANY 3 LTD 08 Oct 2010
    SC386772 SMARTBUZZ LIMITED 08 Oct 2010
    SC387138 CHARMINSTER ASSET LIMITED 15 Oct 2010
    SC387169 CHARMINSTER BAR TRADING LIMITED 15 Oct 2010
    SC387174 ALLSHOOKUP LIMITED 18 Oct 2010
    SC387237 SPIRITLAKE LIMITED 18 Oct 2010
    SC387354 JJHGEOTEC LIMITED 20 Oct 2010
    SC387423 WE ARE PR LIMITED 21 Oct 2010
    SC387440 NAPIER CAPITAL NO.3 SCOTTISH GENERAL PARTNER LIMITED 21 Oct 2010
    SC387674 EVOLUTION BIOSCIENCE LTD. 26 Oct 2010