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
New Company Registrations
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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.
Year Glasgow UK 2010 5,661 400,358 2009 5,187 362,675 2008 4,650 349,203 2007 5,619 457,649 2006 5,208 405,440 Record Year 2010 (5,661) 2007 (457,649) New Companies by Year
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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) Glasgow UK 2010 2,681 196,609 2009 2,573 180,654 % change 4.2% 8.8% Record Year 2010 (2,681) 2003 (201,446) New Companies by Half Year
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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) Glasgow UK 2010 1,305 95,117 2009 1,277 85,983 % change 2.2% 10.6% Record Year 2010 (1,305) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 470 500 335 New companies in 2009 430 473 374 % change 9.3% 5.7% -10.4% Record Year 2003 (474) 2010 (500) 2009 (374)
Closed Companies (dissolved)
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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.
Year Glasgow UK 2010 5,783 342,232 2009 5,379 533,773 2008 3,099 237,901 2007 3,184 220,295 2006 2,924 200,166 Record Year 2010 (5,783) 2009 (533,773) Dissolved Companies by Year
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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) Glasgow UK 2010 2,900 164,601 2009 2,737 244,537 % change 6.0% -32.7% Record Year 2010 (2,900) 2009 (244,537) Dissolved Companies by Half Year
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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) Glasgow UK 2010 1,555 76,896 2009 1,097 85,136 % change 41.8% -9.7% Record Year 2010 (1,555) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 719 366 470 Closed companies in 2009 509 328 260 % change 41.3% 11.6% 81% Record Year 2008 (876) 2010 (366) 2010 (470)
Net Company Growth
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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.
Year Glasgow UK 2010 -122 58,126 2009 -192 -171,098 2008 1,551 111,302 2007 2,435 237,354 2006 2,284 205,274 Record Year 2003 (2,910) 2003 (242,543) Net Growth by Year
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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) Glasgow UK 2010 -219 32,008 2009 -164 -63,883 Record Year 2003 (1,305) 2003 (117,772) Net Growth by Half Year
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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) Glasgow UK 2010 -250 18,221 2009 180 847 Record Year 2002 (606) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -249 134 -135 Net growth in 2009 -79 145 114 Record Year 2003 (234) 2006 (233) 1996 (286)
UK Company Share
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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.
Year Glasgow 2010 1.4% 2009 1.4% 2008 1.3% 2007 1.2% 2006 1.3% Record Year (since 1960) 1991 (1.9%) Company Share by Year
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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 2010 1.4% 2009 1.4% 2008 1.3% 2007 1.3% 2006 1.3% Record Year (since 1960) 1975 (2.1%) Company Share by Half Year
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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 2010 1.4% 2009 1.5% 2008 1.3% 2007 1.4% 2006 1.2% Record Year (since 1960) 1980 (2.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 1.4% 1.5% 1.2% UK formation share in 2009 1.5% 1.5% 1.4% % change -4.3% -5.5% -14.8% Record Year 1985 (5.7%) 1969 (2.1%) 1996 (2.7%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 3.28% CONSULTING 5.06% SCOTLAND 1.69% MANAGEMENT 5.01% PROPERTY 1.56% CONSULTANCY 3.14% CONSULTING 1.50% PROPERTY 2.36% MANAGEMENT 1.48% TRADING 2.11% GLASGOW 1.40% ASSOCIATES 1.95% CONSULTANCY 1.26% DESIGN 1.92% (GLASGOW) 1.04% BUSINESS 1.82% M 0.93% CONSTRUCTION 1.82% TRADING 0.93% CONSULTANTS 1.76% MARKETING 0.85% MEDIA 1.71% DESIGN 0.79% ENGINEERING 1.62% CONSTRUCTION 0.79% LONDON 1.60% ENGINEERING 0.71% CARE 1.45% C 0.69% INVESTMENTS 1.44% CONSULTANTS 0.66% GLOBAL 1.43% J 0.66% J 1.42% IT 0.65% IT 1.41% BUSINESS 0.65% PROPERTIES 1.34% ENTERPRISES 0.63% INTERNATIONAL 1.34% S 0.62% BUILDING 1.34% DEVELOPMENTS 0.62% M 1.30% LEISURE 0.62% ELECTRICAL 1.25% PARTNERSHIP 0.55% SYSTEMS 1.24% BUILDING 0.54% S 1.23%
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 2,974 199,572 7487 - Other business activities 909 63,348 82990 - Other business support service activities not elsewhere classified 304 27,550 9999 - Dormant Company 241 20,144 99999 - Dormant Company 167 16,285 70229 - Management consultancy activities other than financial management 143 14,505 5530 - Restaurants 140 4,939 7414 - Business & management consultancy 139 13,474 5552 - Catering 117 2,157 9305 - Other service activities 113 8,858 7499 - Non-trading company 111 12,000 74909 - Other professional, scientific and technical activities not elsewhere classified 108 7,088 4521 - General construction & civil engineering 104 6,598 7260 - Other computer related activities 98 8,089 62020 - Information technology consultancy activities 98 9,177 5540 - Bars 87 2,093 96090 - Other service activities not elsewhere classified 82 8,799 56103 - Take-away food shops and mobile food stands 81 1,435 7222 - Other software consultancy and supply 75 7,298 68209 - Other letting and operating of own or leased real estate 74 3,755
Recent Companies
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Randomly selected companies from this quarter
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