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Glasgow, Lanarkshire

2011 Half Year Business Confidence Report

Headlines

  • June 2011 saw a new record in company registrations in Glasgow when compared to any previous June.
  • May 2011 saw a new record in company registrations in Glasgow when compared to any previous May.
  • June 2011 saw a new record in net growth in Glasgow when compared to any previous June.

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. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 3,204 companies were formed in Glasgow. This figure is 7.5% higher than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Glasgow occurred in 2007 when a total of 3,237 were formed.

    Half Year (Jan-Jun)GlasgowUK
    20113,204228,735
    20102,980203,749
    % change7.5%12.3%
    Record Year2007 (3,237)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 1,595 companies were registered in Glasgow during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 9.6% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)GlasgowUK
    20111,595112,344
    20101,45598,612
    % change9.6%13.9%
    Record Year 2007 (1,613) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

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

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

    New Companies by Month
    AprilMayJune
    New companies in 2011525501569
    New companies in 2010523423509
    % change0.4%18.4%11.8%
    Record Year2007 (643)2011 (501)2011 (569)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 1,881 companies were dissolved in Glasgow. This figure is 34.8% lower than last year, which compares well to the UK wide change of -8.6%.

    The highest total for a first half year in Glasgow occurred in 2010 when a total of 2,883 were closed.

    Half Year (Jan-Jun)GlasgowUK
    20111,881162,310
    20102,883177,631
    % change-34.8%-8.6%
    Record Year2010 (2,883)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 961 companies were dissolved in Glasgow during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 44.2% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)GlasgowUK
    201196171,324
    20101,72394,954
    % change-44.2%-24.9%
    Record Year 2009 (1,798) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011216420325
    Closed companies in 20102671,052404
    % change-19.1%-60.1%-20%
    Record Year2008 (307)2009 (1,112)2009 (651)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Glasgow increased by 1,323 companies.

    Half Year (Jan-Jun)GlasgowUK
    20111,32366,425
    20109726,118
    Record Year2007 (1,619)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Glasgow during the second quarter of 2011 (Apr 2011 - Jun 2011) was 634 companies.

    second quarter (Apr 2011 - Jun 2011)GlasgowUK
    201163441,020
    2010-2683,658
    Record Year 2007 (867) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

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

    Net Growth by Month
    AprilMayJune
    Net growth in 201130981244
    Net growth in 2010256-629105
    Record Year2007 (535)2007 (231)2011 (244)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Glasgow formed 1.4% of all UK companies. This is less than the 2010 figure of 1.5%.

    Half Year (Jan-Jun)Glasgow
    20111.4%
    20101.5%
    20091.4%
    20081.3%
    20071.2%
    Record Year (since 1960) 1968 (1.9%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    second quarter (Apr 2011 - Jun 2011)Glasgow
    20111.4%
    20101.5%
    20091.4%
    20081.3%
    20071.4%
    Record Year (since 1960) 1986 (2.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20111.5%1.3%1.4%
    UK formation share in 20101.6%1.4%1.4%
    % change-2.8%-6.7%-1.0%
    Record Year1979 (17.0%)1980 (2.4%)1968 (3.3%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 43.0.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 42.7.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    24.5% of all director appointments in Glasgow in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Glasgow was in 1866 when 66.7% of all directors were female.

    25.4% of all director appointments in Glasgow in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    (SCOTLAND)3.06%CONSULTING5.09%
    SCOTLAND1.82%MANAGEMENT4.86%
    PROPERTY1.50%CONSULTANCY3.17%
    CONSULTING1.50%PROPERTY2.43%
    MANAGEMENT1.38%TRADING2.05%
    CONSULTANCY1.33%DESIGN1.94%
    GLASGOW1.32%ASSOCIATES1.92%
    TRADING0.92%BUSINESS1.87%
    (GLASGOW)0.86%CONSTRUCTION1.77%
    MARKETING0.83%CONSULTANTS1.76%
    ENERGY0.78%MEDIA1.73%
    PROPERTIES0.77%ENGINEERING1.67%
    M0.73%LONDON1.60%
    BUSINESS0.72%GLOBAL1.46%
    ENTERPRISES0.67%J1.44%
    CENTRE0.66%CARE1.44%
    DESIGN0.66%INVESTMENTS1.42%
    ELECTRICAL0.64%IT1.39%
    ENGINEERING0.60%BUILDING1.32%
    LEISURE0.58%PROPERTIES1.31%
    SYSTEMS0.58%ELECTRICAL1.30%
    J0.55%M1.27%
    IT0.55%S1.23%
    CONTRACTS0.54%ENTERPRISES1.20%
    CONSULTANTS0.54%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied3,061202,072
    7487 - Other business activities85460,758
    82990 - Other business support service activities not elsewhere classified41430,647
    9999 - Dormant Company23120,111
    99999 - Dormant Company20218,918
    70229 - Management consultancy activities other than financial management18216,419
    5530 - Restaurants1435,086
    7414 - Business & management consultancy13713,053
    62020 - Information technology consultancy activities13010,545
    74909 - Other professional, scientific and technical activities not elsewhere classified1217,835
    56103 - Take-away food shops and mobile food stands1171,826
    5552 - Catering1152,138
    9305 - Other service activities1059,063
    96090 - Other service activities not elsewhere classified10310,322
    7260 - Other computer related activities1027,849
    4521 - General construction & civil engineering965,928
    5540 - Bars932,141
    7499 - Non-trading company8710,955
    62090 - Other information technology service activities827,095
    74990 - Non-trading company798,481

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    SC400923 BENVENUTI (DUMBARTON) LIMITED 03 Jun 2011
    SC401079 SOLAR ELECTRICITY SOLUTIONS LIMITED 07 Jun 2011
    SC401082 SPD MEDIA GROUP LTD 07 Jun 2011
    SC401178 ACTIVE MESSENGER LTD 07 Jun 2011
    SC401484 HA CLOTHING LIMITED 10 Jun 2011
    SC401711 GARELOCH VIEW LIMITED 14 Jun 2011
    SC401823 FIRSTGUARD SECURITY LTD 16 Jun 2011
    SC402069 MURRAY & CURRIE PROPERTY LIMITED 21 Jun 2011
    SC402165 CLYDE TELECOM LTD 22 Jun 2011
    SC402231 TURNKEY HOLDINGS (SCOTLAND) LTD 22 Jun 2011
    SC402343 WELL LEGS LIMITED 24 Jun 2011
    SC402523 LUX DELUXE LIMITED 28 Jun 2011
    SC402586 EH1 LIMITED 29 Jun 2011
    SL009125 MAVEN CO-INVEST EXODUS LIMITED PARTNERSHIP 21 Jun 2011
    SL009152 STORM LEGACY LP 27 Jun 2011
    SO303418 SEP IV GP FOUNDER PARTNER LLP 24 Jun 2011
    SO303420 HOLLOWAY MARTIN LLP 27 Jun 2011
    SC400770 TURNER HEALTHCARE PROPERTIES LTD 01 Jun 2011
    SC400932 KELVINBIO LTD. 03 Jun 2011
    SC401065 MYCAR MANAGER LIMITED 06 Jun 2011
    SC401078 BAT ASSOCIATES LIMITED 07 Jun 2011
    SC401196 ANIPOC LIMITED 08 Jun 2011
    SC401213 VARY SOLUTIONS LIMITED 08 Jun 2011
    SC401429 SOLLERS UTILITY SOLUTIONS LTD 10 Jun 2011
    SC401792 SPD ENTERTAINMENT LTD 16 Jun 2011