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
New Company Registrations
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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) Glasgow UK 2011 1,609 116,391 2010 1,525 105,137 % change 5.5% 10.7% Record Year 2007 (1,624) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2011 463 548 598 New companies in 2010 417 523 585 % change 11.0% 4.8% 2.2% Record Year 2007 (486) 2011 (548) 2007 (692)
Closed Companies (dissolved)
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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) Glasgow UK 2011 920 90,986 2010 1,160 82,677 % change -20.7% 10.0% Record Year 2010 (1,160) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2011 345 271 304 Closed companies in 2010 275 370 515 % change 25.5% -26.8% -41% Record Year 2011 (345) 2009 (410) 2010 (515)
Net Company Growth
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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) Glasgow UK 2011 689 25,405 2010 365 22,460 Record Year 2003 (901) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2011 118 277 294 Net growth in 2010 142 153 70 Record Year 2007 (327) 2011 (277) 2006 (407)
UK Company Share
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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 2011 1.4% 2010 1.5% 2009 1.5% 2008 1.4% 2007 1.0% Record Year (since 1960) 1984 (2.1%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 1.4% 1.5% 1.3% UK formation share in 2010 1.4% 1.6% 1.4% % change -4.2% -7.8% -2.5% Record Year 1997 (2.8%) 1974 (3.5%) 1979 (16.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage (SCOTLAND) 3.51% CONSULTING 5.04% SCOTLAND 1.78% MANAGEMENT 4.97% PROPERTY 1.54% CONSULTANCY 3.16% MANAGEMENT 1.41% PROPERTY 2.38% CONSULTING 1.38% TRADING 2.10% CONSULTANCY 1.37% DESIGN 1.93% GLASGOW 1.24% ASSOCIATES 1.92% TRADING 1.01% BUSINESS 1.87% (GLASGOW) 0.90% CONSTRUCTION 1.80% MARKETING 0.85% CONSULTANTS 1.76% DESIGN 0.82% MEDIA 1.69% M 0.79% ENGINEERING 1.61% PROPERTIES 0.73% LONDON 1.60% BUSINESS 0.70% CARE 1.45% ENERGY 0.70% J 1.45% CONSTRUCTION 0.68% GLOBAL 1.44% IT 0.67% INVESTMENTS 1.43% ENGINEERING 0.67% IT 1.41% CENTRE 0.65% PROPERTIES 1.36% CONTRACTS 0.64% BUILDING 1.34% CONSULTANTS 0.64% M 1.30% LEISURE 0.59% ELECTRICAL 1.28% ENTERPRISES 0.57% S 1.24% DEVELOPMENTS 0.57% INTERNATIONAL 1.23% ASSOCIATES 0.56% SYSTEMS 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 3,036 202,798 7487 - Other business activities 895 60,968 82990 - Other business support service activities not elsewhere classified 374 30,253 9999 - Dormant Company 239 19,765 99999 - Dormant Company 193 18,336 70229 - Management consultancy activities other than financial management 167 16,150 7414 - Business & management consultancy 142 12,916 5530 - Restaurants 138 4,898 5552 - Catering 120 2,128 62020 - Information technology consultancy activities 119 10,246 74909 - Other professional, scientific and technical activities not elsewhere classified 116 7,788 9305 - Other service activities 112 8,740 56103 - Take-away food shops and mobile food stands 106 1,765 7499 - Non-trading company 104 11,316 96090 - Other service activities not elsewhere classified 100 10,085 4521 - General construction & civil engineering 96 6,183 7260 - Other computer related activities 94 7,789 5540 - Bars 93 2,075 68209 - Other letting and operating of own or leased real estate 78 3,895 74990 - Non-trading company 75 8,695
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE SC394641 CRUZ HAIR & BEAUTY LTD 02 Mar 2011 SC394713 FLAVA FOODS LTD 03 Mar 2011 SC394731 TINY CASTINGS LIMITED 03 Mar 2011 SC395065 ROLLING RED CARPET LIMITED 09 Mar 2011 SC395385 4 POSTS LIMITED 14 Mar 2011 SC395470 RIGHT TENANT LTD 14 Mar 2011 SC395602 CMOS (SCOTLAND) LIMITED 16 Mar 2011 SC395654 BBK LARGS LTD 17 Mar 2011 SC395805 FAUX LTD. 18 Mar 2011 SC396017 CSSH PROPERTY LIMITED 22 Mar 2011 SC396102 MAJ CAFE 22 LTD 23 Mar 2011 SC396173 MARY-ANNE BABY & FLOWER BOUTIQUE LTD 23 Mar 2011 SC396475 ANANOVA 2012 LIMITED 28 Mar 2011 SC396617 CRUTH CONSTRUCTION LIMITED 30 Mar 2011 SC396655 RINGSDALE CONSTRUCTION LTD 30 Mar 2011 SC396663 SOCIAL CARE IDEAS FACTORY (TRADING) LIMITED 30 Mar 2011 SO303251 MAVEN SLF CI LLP 08 Mar 2011 SC394530 RITA RESTAURANTS LIMITED 01 Mar 2011 SC394560 KILBRYDE ARMS TRADING LIMITED 02 Mar 2011 SC394637 DONAFE LTD 02 Mar 2011 SC394735 CERTUS INSPECTION SERVICES LTD 03 Mar 2011 SC394779 ARBITRATION CENTRE 04 Mar 2011 SC395025 STRICTLY DANCE (SCOTLAND) LTD. 08 Mar 2011 SC395031 QUAY INCOME SOLUTIONS LIMITED 08 Mar 2011 SC395078 KILMACOLM DEVELOPMENTS LIMITED 09 Mar 2011
reports
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