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Glasgow, Lanarkshire

Q1 2011 Business Confidence Report

Headlines

  • February 2011 saw a new record in company registrations in Glasgow when compared to any previous February.
  • January 2011 saw a new record in company closures in Glasgow when compared to any previous January.
  • February 2011 saw a new record in net growth in Glasgow when compared to any previous February.

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 (Q1 Jan-Mar 2011)

    A total of 1,609 companies were registered in Glasgow during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 5.5% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)GlasgowUK
    20111,609116,391
    20101,525105,137
    % change5.5%10.7%
    Record Year 2007 (1,624) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company registrations in Glasgow when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011463548598
    New companies in 2010417523585
    % change11.0%4.8%2.2%
    Record Year2007 (486)2011 (548)2007 (692)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 920 companies were dissolved in Glasgow during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 20.7% versus the same period last year (Q1 2010). This figure compares well to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)GlasgowUK
    201192090,986
    20101,16082,677
    % change-20.7%10.0%
    Record Year 2010 (1,160) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    January 2011 saw a new record in company closures in Glasgow when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011345271304
    Closed companies in 2010275370515
    % change25.5%-26.8%-41%
    Record Year2011 (345)2009 (410)2010 (515)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Glasgow during the first quarter of 2011 (Jan 2011 - Mar 2011) was 689 companies.

    first quarter (Jan 2011 - Mar 2011)GlasgowUK
    201168925,405
    201036522,460
    Record Year 2003 (901) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in net growth in Glasgow when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011118277294
    Net growth in 201014215370
    Record Year2007 (327)2011 (277)2006 (407)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Glasgow formed 1.4% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Glasgow
    20111.4%
    20101.5%
    20091.5%
    20081.4%
    20071.0%
    Record Year (since 1960) 1984 (2.1%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20111.4%1.5%1.3%
    UK formation share in 20101.4%1.6%1.4%
    % change-4.2%-7.8%-2.5%
    Record Year1997 (2.8%)1974 (3.5%)1979 (16.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.4.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Glasgow was in 1861 when 40.0% of all directors were female.

    23.7% of all director appointments in Glasgow in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    (SCOTLAND)3.51%CONSULTING5.04%
    SCOTLAND1.78%MANAGEMENT4.97%
    PROPERTY1.54%CONSULTANCY3.16%
    MANAGEMENT1.41%PROPERTY2.38%
    CONSULTING1.38%TRADING2.10%
    CONSULTANCY1.37%DESIGN1.93%
    GLASGOW1.24%ASSOCIATES1.92%
    TRADING1.01%BUSINESS1.87%
    (GLASGOW)0.90%CONSTRUCTION1.80%
    MARKETING0.85%CONSULTANTS1.76%
    DESIGN0.82%MEDIA1.69%
    M0.79%ENGINEERING1.61%
    PROPERTIES0.73%LONDON1.60%
    BUSINESS0.70%CARE1.45%
    ENERGY0.70%J1.45%
    CONSTRUCTION0.68%GLOBAL1.44%
    IT0.67%INVESTMENTS1.43%
    ENGINEERING0.67%IT1.41%
    CENTRE0.65%PROPERTIES1.36%
    CONTRACTS0.64%BUILDING1.34%
    CONSULTANTS0.64%M1.30%
    LEISURE0.59%ELECTRICAL1.28%
    ENTERPRISES0.57%S1.24%
    DEVELOPMENTS0.57%INTERNATIONAL1.23%
    ASSOCIATES0.56%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,036202,798
    7487 - Other business activities89560,968
    82990 - Other business support service activities not elsewhere classified37430,253
    9999 - Dormant Company23919,765
    99999 - Dormant Company19318,336
    70229 - Management consultancy activities other than financial management16716,150
    7414 - Business & management consultancy14212,916
    5530 - Restaurants1384,898
    5552 - Catering1202,128
    62020 - Information technology consultancy activities11910,246
    74909 - Other professional, scientific and technical activities not elsewhere classified1167,788
    9305 - Other service activities1128,740
    56103 - Take-away food shops and mobile food stands1061,765
    7499 - Non-trading company10411,316
    96090 - Other service activities not elsewhere classified10010,085
    4521 - General construction & civil engineering966,183
    7260 - Other computer related activities947,789
    5540 - Bars932,075
    68209 - Other letting and operating of own or leased real estate783,895
    74990 - Non-trading company758,695

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC391070 TARMATECH LIMITED 06 Jan 2011
    SC391335 PRO-TEST IT (SCOTLAND) LTD. 11 Jan 2011
    SC391536 THE INDEPENDENT FAMILY FUNERAL DIRECTORS LTD 14 Jan 2011
    SC391537 DAVE SAPIEN LTD 14 Jan 2011
    SC392005 TM RESTAURANTS MOTHERWELL LIMITED 21 Jan 2011
    SC392090 KARMA WHITBURN LIMITED 24 Jan 2011
    SC392217 QUELTEC SOLUTIONS LIMITED 26 Jan 2011
    SC392247 ANTONINE ESTATES LTD. 26 Jan 2011
    SC392310 NICE HOT & SPICY LIMITED 27 Jan 2011
    SC392464 SLEEK FASHIONS LTD 28 Jan 2011
    SO303164 REALLY 33 LLP 18 Jan 2011
    SC391128 ALLSCOT LTD 07 Jan 2011
    SC391183 D VISION SCOTLAND LIMITED 07 Jan 2011
    SC391282 THE JOINT BAR DINER LIMITED 11 Jan 2011
    SC391332 PREMIER TANNING LIMITED 11 Jan 2011
    SC391406 EAST COAST BRICKLAYERS LIMITED 12 Jan 2011
    SC391424 EMAC DELTA LIMITED 12 Jan 2011
    SC391478 NORTHWEST CAPITAL CONSULTING PARTNERS LTD. 13 Jan 2011
    SC391763 MAVEN SLF FP LIMITED 18 Jan 2011
    SC392147 CAFE LOCHAN LTD 25 Jan 2011
    SC392354 MODELS4BIO LTD 27 Jan 2011
    SC392532 COFAX LTD 31 Jan 2011
    SC392569 LMCQ LTD 31 Jan 2011
    SC392575 DENWOLF ASSET MANAGEMENT LIMITED 31 Jan 2011
    SC391003 ITRUST ONLINE LIMITED 05 Jan 2011